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11-18
Buying more Palantir
Large Pension Doubled Palantir Stake, Bought Up Intel and CVS Stock
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11-16
Upwards Buying
Palantir Hits The Gas On Growth
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11-16
$Palantir Technologies Inc.(PLTR)$
0ne hundred usd Buying
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11-12
Up
UP Fintech: Revenue Hits Record US$101 Million; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion
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11-07
$Intel(INTC)$
Up 30 More buying
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11-07
$Direxion Daily 20 Year Plus Treasury Bull 3x Shares(TMF)$
Down trend More dip
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10-29
$Intel(INTC)$
Buying
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10-29
$Tencent Music(TME)$
Power Up Music
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10-28
$NIO Inc.(NIO)$
Keeps Buying Up
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09-25
$SEMBCORP INDUSTRIES LTD(U96.SI)$
Buying mode on
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08-27
$PDD Holdings Inc(PDD)$
Down N Down
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08-15
$Pfizer(PFE)$
buying
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03-08
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98 Fly up
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03-07
$NVIDIA Corp(NVDA)$
Bull 1000 More buying
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03-07
$iShares Bitcoin Trust(IBIT)$
Up N fly up
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03-07
$NVIDIA Corp(NVDA)$
Up 1300 fly
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02-23
$NVIDIA Corp(NVDA)$
New uptrend cycle $$$$$$$$$$$$$
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02-23
$NVIDIA Corp(NVDA)$
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02-12
$Palantir Technologies Inc.(PLTR)$
What again Price trend Down n down
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2023-12-25
Sell more then or shorties play
Navigating Palantir’s Choppy Waters: What Investors Should Know Heading Into 2024
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more Palantir","listText":"Buying more Palantir","text":"Buying more Palantir","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372391778689272","repostId":"2484150754","repostType":2,"repost":{"id":"2484150754","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731896602,"share":"https://ttm.financial/m/news/2484150754?lang=&edition=fundamental","pubTime":"2024-11-18 10:23","market":"hk","language":"en","title":"Large Pension Doubled Palantir Stake, Bought Up Intel and CVS Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2484150754","media":"Dow Jones","summary":"One of the largest U.S. pensions recently made a big bet on two tech stocks and a healthcare company, slashing a position in a drug maker.The State of Michigan Retirement Systems doubled a stake in Palantir Technologies, bought up Intel stock, and increased a stake in CVS Health, while it significantly reduced an investment in Bristol Myers Squibb. The pension reported the stock trades, among others, in a form it filed with the Securities and Exchange Commission.State of Michigan Retirement Systems bought 548,400 Palantir shares in the third quarter to lift its investment to 1.06 million shares of the data-analytics firm. Palantir stock soared 117% in the first nine months of 2024, while the S&P 500 gained 21%. So far in the fourth quarter, shares are up 77%, while the index is up 2%.Earlier this month, Palantir reported strong third-quarter earnings and raised its forecast for revenue. Palantir stock was added to the S&P 500 in September, and could be added to the Nasdaq 100, after sw","content":"<html><head></head><body><p>One of the largest U.S. pensions recently made a big bet on two tech stocks and a healthcare company, slashing a position in a drug maker.</p><p>The State of Michigan Retirement Systems doubled a stake in <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a>, bought up Intel stock, and increased a stake in <a href=\"https://laohu8.com/S/CVS\">CVS Health</a>, while it significantly reduced an investment in <a href=\"https://laohu8.com/S/BMY\">Bristol Myers Squibb</a>. The pension reported the stock trades, among others, in a form it filed with the Securities and Exchange Commission.</p><p>The pension declined to comment. With net assets of more than $108.8 billion, Michigan's pension is the 21st-largest in the U.S. by assets and the 49th largest in the world.</p><p>State of Michigan Retirement Systems bought 548,400 Palantir shares in the third quarter to lift its investment to 1.06 million shares of the data-analytics firm. Palantir stock soared 117% in the first nine months of 2024, while the S&P 500 gained 21%. So far in the fourth quarter, shares are up 77%, while the index is up 2%.</p><p>Earlier this month, Palantir reported strong third-quarter earnings and raised its forecast for revenue. Palantir stock was added to the S&P 500 in September, and could be added to the Nasdaq 100, after switching its listing to Nasdaq from the NYSE.</p><p>Intel stock was removed from the Dow Jones Industrial Average earlier this month, almost exactly 25 years after joining the index. Intel more than halved a stake in artificial-intelligence firm Astera Labs not too long before the AI company's shares soared more than 70%.</p><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> shares dropped 53% in the first nine months of 2024. They are up 3.8% in the fourth quarter.</p><p>Michigan's pension bought 796,200 Intel shares to end the third quarter with 2.3 million.</p><p>The pension bought 1.2 million CVS shares to end the third quarter with 3.2 million.</p><p>CVS warned in mid-October that third-quarter earnings would be weak, saying that CEO Karen Lynch was leaving the role. David Joyner, who had been president of CVS Caremark, the company's pharmacy-benefit manager, has taken the job.</p><p>CVS shares rose after the presidential election because Donald Trump's victory was seen as potentially beneficial for its operations in Medicare Advantage plans, which the government funds for seniors.</p><p>CVS stock lost 20% in the first nine months of 2024. So far in the fourth quarter, shares are down 15%.</p><p>Bristol Myers stock was flat in the first nine months of the year. The shares are up 8.7% in the fourth quarter.</p><p>At the end of October, Bristol Myers reported strong third-quarter earnings, and lifted its financial forecasts. The stock got a lift this month after rival AbbVie reported disappointing results from a schizophrenia-drug trial.</p><p>The pension sold four million Bristol Myers shares to end the third quarter with 714,100.</p><p>Inside Scoop is a regular Barron's feature covering stock transactions by corporate executives and board members -- so-called insiders -- as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Large Pension Doubled Palantir Stake, Bought Up Intel and CVS Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLarge Pension Doubled Palantir Stake, Bought Up Intel and CVS Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-18 10:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>One of the largest U.S. pensions recently made a big bet on two tech stocks and a healthcare company, slashing a position in a drug maker.</p><p>The State of Michigan Retirement Systems doubled a stake in <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a>, bought up Intel stock, and increased a stake in <a href=\"https://laohu8.com/S/CVS\">CVS Health</a>, while it significantly reduced an investment in <a href=\"https://laohu8.com/S/BMY\">Bristol Myers Squibb</a>. The pension reported the stock trades, among others, in a form it filed with the Securities and Exchange Commission.</p><p>The pension declined to comment. With net assets of more than $108.8 billion, Michigan's pension is the 21st-largest in the U.S. by assets and the 49th largest in the world.</p><p>State of Michigan Retirement Systems bought 548,400 Palantir shares in the third quarter to lift its investment to 1.06 million shares of the data-analytics firm. Palantir stock soared 117% in the first nine months of 2024, while the S&P 500 gained 21%. So far in the fourth quarter, shares are up 77%, while the index is up 2%.</p><p>Earlier this month, Palantir reported strong third-quarter earnings and raised its forecast for revenue. Palantir stock was added to the S&P 500 in September, and could be added to the Nasdaq 100, after switching its listing to Nasdaq from the NYSE.</p><p>Intel stock was removed from the Dow Jones Industrial Average earlier this month, almost exactly 25 years after joining the index. Intel more than halved a stake in artificial-intelligence firm Astera Labs not too long before the AI company's shares soared more than 70%.</p><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> shares dropped 53% in the first nine months of 2024. They are up 3.8% in the fourth quarter.</p><p>Michigan's pension bought 796,200 Intel shares to end the third quarter with 2.3 million.</p><p>The pension bought 1.2 million CVS shares to end the third quarter with 3.2 million.</p><p>CVS warned in mid-October that third-quarter earnings would be weak, saying that CEO Karen Lynch was leaving the role. David Joyner, who had been president of CVS Caremark, the company's pharmacy-benefit manager, has taken the job.</p><p>CVS shares rose after the presidential election because Donald Trump's victory was seen as potentially beneficial for its operations in Medicare Advantage plans, which the government funds for seniors.</p><p>CVS stock lost 20% in the first nine months of 2024. So far in the fourth quarter, shares are down 15%.</p><p>Bristol Myers stock was flat in the first nine months of the year. The shares are up 8.7% in the fourth quarter.</p><p>At the end of October, Bristol Myers reported strong third-quarter earnings, and lifted its financial forecasts. The stock got a lift this month after rival AbbVie reported disappointing results from a schizophrenia-drug trial.</p><p>The pension sold four million Bristol Myers shares to end the third quarter with 714,100.</p><p>Inside Scoop is a regular Barron's feature covering stock transactions by corporate executives and board members -- so-called insiders -- as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4529":"IDC概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU0882574055.USD":"富达全球健康医疗A ACC","LU1032466523.USD":"高盛全球多资产收益组合Acc","BK4515":"5G概念","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","CVS":"西维斯健康","BK4532":"文艺复兴科技持仓","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE0002141913.USD":"JANUS HENDERSON GLOBAL LIFE SCIENCES \"I2\" (USD) ACC","LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4534":"瑞士信贷持仓","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BJJMRZ35.SGD":"JANUS HENDERSON GLOBAL LIFE SCIENCES \"I2\" (SGDHDG) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","INTC":"英特尔","BK4575":"芯片概念","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","BK4196":"保健护理服务","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","BK4535":"淡马锡持仓","BK4527":"明星科技股","BK4559":"巴菲特持仓","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","LU0306807586.USD":"SCHRODER ISF GLOBAL DIVIDEND MAXIMISER \"A\" (USD) INC QF","LU0114720955.EUR":"SUSTAINABLE GLOBAL HEALTH CARE \"A\" INC","PLTR":"Palantir Technologies Inc.","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4141":"半导体产品","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU2242646821.SGD":"Fidelity Global Dividend Plus A-MINCOME(G)-SGD","LU1670710588.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) ACC","LU0306806265.USD":"SCHRODER ISF GLOBAL DIVIDEND MAXIMISER \"A\" ACC","LU0237698245.USD":"富达环球地产基金A","BK4581":"高盛持仓","BK4504":"桥水持仓","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","BK4512":"苹果概念","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0985481810.HKD":"SCHRODER ISF GLOBAL EQUITY YIELD \"A\" (HKD) INC M","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2484150754","content_text":"One of the largest U.S. pensions recently made a big bet on two tech stocks and a healthcare company, slashing a position in a drug maker.The State of Michigan Retirement Systems doubled a stake in Palantir Technologies, bought up Intel stock, and increased a stake in CVS Health, while it significantly reduced an investment in Bristol Myers Squibb. The pension reported the stock trades, among others, in a form it filed with the Securities and Exchange Commission.The pension declined to comment. With net assets of more than $108.8 billion, Michigan's pension is the 21st-largest in the U.S. by assets and the 49th largest in the world.State of Michigan Retirement Systems bought 548,400 Palantir shares in the third quarter to lift its investment to 1.06 million shares of the data-analytics firm. Palantir stock soared 117% in the first nine months of 2024, while the S&P 500 gained 21%. So far in the fourth quarter, shares are up 77%, while the index is up 2%.Earlier this month, Palantir reported strong third-quarter earnings and raised its forecast for revenue. Palantir stock was added to the S&P 500 in September, and could be added to the Nasdaq 100, after switching its listing to Nasdaq from the NYSE.Intel stock was removed from the Dow Jones Industrial Average earlier this month, almost exactly 25 years after joining the index. Intel more than halved a stake in artificial-intelligence firm Astera Labs not too long before the AI company's shares soared more than 70%.Intel shares dropped 53% in the first nine months of 2024. They are up 3.8% in the fourth quarter.Michigan's pension bought 796,200 Intel shares to end the third quarter with 2.3 million.The pension bought 1.2 million CVS shares to end the third quarter with 3.2 million.CVS warned in mid-October that third-quarter earnings would be weak, saying that CEO Karen Lynch was leaving the role. David Joyner, who had been president of CVS Caremark, the company's pharmacy-benefit manager, has taken the job.CVS shares rose after the presidential election because Donald Trump's victory was seen as potentially beneficial for its operations in Medicare Advantage plans, which the government funds for seniors.CVS stock lost 20% in the first nine months of 2024. So far in the fourth quarter, shares are down 15%.Bristol Myers stock was flat in the first nine months of the year. The shares are up 8.7% in the fourth quarter.At the end of October, Bristol Myers reported strong third-quarter earnings, and lifted its financial forecasts. The stock got a lift this month after rival AbbVie reported disappointing results from a schizophrenia-drug trial.The pension sold four million Bristol Myers shares to end the third quarter with 714,100.Inside Scoop is a regular Barron's feature covering stock transactions by corporate executives and board members -- so-called insiders -- as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371304029655392,"gmtCreate":1731690118436,"gmtModify":1731690122321,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"Upwards Buying","listText":"Upwards Buying","text":"Upwards Buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371304029655392","repostId":"1137558649","repostType":4,"repost":{"id":"1137558649","pubTimestamp":1731686155,"share":"https://ttm.financial/m/news/1137558649?lang=&edition=fundamental","pubTime":"2024-11-15 23:55","market":"us","language":"en","title":"Palantir Hits The Gas On Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1137558649","media":"Seeking Alpha","summary":"SummaryPalantir reported a strong Q3'24 with 30% revenue growth and a significant adjusted operating margin expansion to 38%, achieving a \"Rule Of\" 68%.Management raised FY24 guidance to $2.805-2.809 ","content":"<html><head></head><body><h2 id=\"id_160762951\">Summary</h2><ul style=\"\"><li><p>Palantir reported a strong Q3'24 with 30% revenue growth and a significant adjusted operating margin expansion to 38%, achieving a "Rule Of" 68%.</p></li><li><p>Management raised FY24 guidance to $2.805-2.809 billion in revenue and $1.054-1.058 billion in adjusted operating margin, with a 38% margin at the midpoint.</p></li><li><p>Palantir continues to drive large deals through its AIP bootcamps, closing 104 deals each valued over $1mm in q3'24.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/48a351679d18331f68a62e65aaba0ebd\" alt=\"Air Force Day. Aircraft silhouettes on background of sunset.\" title=\"Air Force Day. Aircraft silhouettes on background of sunset.\" tg-width=\"750\" tg-height=\"500\"/><span>Air Force Day. Aircraft silhouettes on background of sunset.</span></p><p></p><p>Palantir (NYSE:PLTR) reported a strong beat-and-raise with revenue growing by 30% in q3’24 paired with a significant adjusted operating margin expansion to 38%, resulting in a “Rule Of” 68%, up from 46% on q3’23. Management increased its guidance to $2.805-2.809b in net revenue for eFY24 with an adjusted operating margin of $1.054-1.058b, up from the previous quarter’s guidance of $2.742-2.750b in revenue and adjusted operating margin of $966-974mm. At the midpoint, the new guidance calls for an improved margin of 38%, up from 35%. Management also guided to the higher end of the range for adjusted free cash flow to $1b for eFY24. Given the improved guidance and the potential for accelerated growth going into eFY25, I am maintaining my STRONG BUY rating with an increased price target of $73.70/share at 39.39x eFY26 price/sales.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c5bfa91bebf6b660b3b70d7ede622909\" alt=\"Corporate Reports\" title=\"Corporate Reports\" tg-width=\"640\" tg-height=\"361\"/><span>Corporate Reports</span></p><p></p><h3 id=\"id_1978091599\">Palantir Operations</h3><p>It is clear that Palantir’s AI platform is becoming a major player for enterprise software as adoption continues to accelerate through its impressive 30% sales growth in q3’24. This is primarily achieved through its live data use cases during the AIP bootcamps that are being translated to production-ready models for enterprises to implement and leverage for cost-savings/money-making initiatives. Management believes that their platform will go beyond just making/saving money to acceleration through its AI models.</p><p>To support this growth, management remains focused on expanding its operations through hiring technical talent and investments in AIP. As discussed in my previous reports covering Palantir, I believe much of the firm’s success can be attributed to its direct engagement with its potential customers through the bootcamps. Rather than running the typical sales pitch with a software demonstration and a proof of concept, Palantir uses live company data to prove how the product works for the potential customer. This factor, along with the firm’s growth acceleration, gives me reason to remain bullish on the name.</p><p>Along with this, customers are expanding their existing contracts with AIP, significantly differentiating Palantir from the “have nots.” Management noted their drive to make AIP the go-to developer platform for AI applications, competing with the likes of Cloudflare (NET) and its developer platform in its secured network ecosystem. Along with custom development features, AIP offers customers a library of pre-built AI applications and builder starter packs, creating a baseline for new customers to quickly ramp up their productivity.</p><p>In addition to this, Palantir’s platform is also succeeding with defense technology startups as a secure ecosystem that can allow for the firms to contract with the US government. I believe that this feature is significantly beneficial for companies of all sizes as it allows for easier access to gaining FedRAMP authorization.</p><p>Another factor that significantly differentiates Palantir from competing platform companies like C3.ai (AI) is the diversity of industries. C3.ai made its claim to fame through its partnership with Baker Hughes (BKR) and has since expanded into other industries. The challenge faced is that C3.ai didn’t create a universal platform from the get-go and has since played catch-up to developing a catch-all platform. This has resulted in C3.ai significantly lagging in terms of growth, adoption, and profitability when compared to Palantir.</p><p>In q3’24, Palantir closed 104 deals valued over $1mm. The firm is realizing an improved deal cycle by taking customers from prototype to production driven by its AIP platform, resulting in both new customer acquisitions and existing customer expansions. Revenue from Palantir’s top 20 customers grew by 12% on a year-over-year basis to $60mm per customer. Total commercial contract value grew by 52% on a year-over-year basis to $612mm with a grand total value of $1.1b.</p><p>One example management provided was reducing the time it takes for an insurance company to underwrite policies from 2 weeks to 3 hours through the automation of the underwriting workflows. This was done through the deployment of 78 AI agents. I believe that this will reduce the insurance company’s operational and administrative costs, resulting in major cost savings as well as a positioning of the firm with a shorter sales cycle. Palantir also referred to helping Trinity Rail develop a functional workflow that helped improve the company’s bottom line by $30mm.</p><p>On the domestic front, Palantir grew its US commercial business by 54% on a year-over-year basis as well as a 40% year-over-year growth rate for its US government business. Palantir fully ramped up its Titan program in q3’24 as part of its DoD contract. In addition to this, Palantir is finding success with its Maven program that automates the targeting and firing process, resulting in a 99% reduction in necessary staff to manage the system.</p><h3 id=\"id_4234014975\">Palantir Financial Position</h3><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/74b6ae5d41401383b30d6ef6b003f3d1\" alt=\"Corporate Reports\" title=\"Corporate Reports\" tg-width=\"640\" tg-height=\"74\"/><span>Corporate Reports</span></p><p></p><p>Palantir’s top-line growth began accelerating in q2’23 and has since reached 30% in q3’24 as enterprises and sovereign governments accelerate their AI adoption. I believe Palantir may continue realizing accelerated growth in the coming years as enterprises seek to better manage margins and growth through operational automation and optimization. For this reason, I’m forecasting Palantir to report $2.8b in net revenue and an adjusted EPS of $0.37/share for eFY24. I’m forecasting the top-line to grow by 28% in eFY25 to $2.8b and taper down to 27% growth in eFY26 to $3.6b.</p><p>I’m also forecasting Palantir to continue expanding its adjusted operating margin as the firm realizes economies of scale through further customer adoption. I’m forecasting Palantir’s “Rule Of” to expand to 64% for eFY24 and grow to 66% in eFY25. For reference, Palantir calculates its “Rule Of” by adding top-line growth and adjusted operating margin.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ac1fc8b14b4235193f8d586f549a427b\" alt=\"Corporate Reports\" title=\"Corporate Reports\" tg-width=\"640\" tg-height=\"55\"/><span>Corporate Reports</span></p><p></p><p>One headwind that may hinder some growth is the power constraint as it pertains to the growing data center footprint. As discussed in my report covering Microsoft (MSFT) the data center footprint is forecast to grow at a 23% CAGR through 2030 driven by AI training and inferencing. One major factor that may impede this growth is sourcing baseload capacity. I have reason to believe that the grid is being incrementally stretched thin for additional data center capacity, resulting in the hyperscalers seeking additional power sources, including dedicated baseload capacity through partnerships with the utilities. Given the substantial interest in nuclear power, specifically small modular reactors [SMRs], much of the capacity will not likely be built out until 2030-2035 as the technology has yet to be proven. Given Palantir’s low profile, this may not be a substantial impact to the firm’s growth trajectory.</p><h3 id=\"id_776350031\">Risks Related To Palantir</h3><h4 id=\"id_952875477\">Bull Case</h4><p>Palantir is driving adoption across both its commercial and government businesses, leading to an acceleration in its top-line growth rate. The firm has proven that its high level of growth doesn’t have to sacrifice margins, resulting in a “Rule Of” 68% in q3’24. I believe that Palantir may also benefit from the recent administration change in the US, as government efficiency will be a primary initiative. Given Elon Musk’s interest in AI development, I believe that Palantir may be well-positioned to expand its roots across various governmental departments to help reduce overhead and administrative costs while boosting performance efficiency.</p><p>As it relates to its share price performance, Palantir was added to the S&P 500 on September 23, 2024, resulting in an increased shareholder base through passive investors buying into the index. I believe that this may in part be the cause of the stock’s significant valuation expansion in the last few months.</p><h4 id=\"id_155419711\">Bear Case</h4><p>Palantir’s valuation is at its all-time high at 54x trailing twelve-month sales. This may result in investor hesitancy as shares are significantly more expensive when compared to a year ago when shares were trading below 20x sales.</p><p>Palantir is currently expanding its headcount to support the growth of the business. If growth were to stall out or not continue to accelerate at the current rate, the firm may realize margin compression, and in turn, a decline in its “Rule Of”.</p><p>The stock performance may also trigger the firm to accelerate its stock-based compensation program if certain market-based vesting criteria are met, resulting in further dilution of the share count. In addition to this, insiders have been consistently selling shares, potentially signaling a more bearish sentiment to investors. To offset stock-based compensation, Palantir repurchased 1.8mm shares in q3’24 with $954mm remaining in its share repurchase program.</p><h3 id=\"id_3544140228\">Valuation & Shareholder Value</h3><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/cb407839215b73a4b568671f43ff0b3f\" alt=\"Corporate Reports\" title=\"Corporate Reports\" tg-width=\"640\" tg-height=\"99\"/><span>Corporate Reports</span></p><p></p><p>PLTR shares have reached their all-time high in terms of price and valuation, commanding a market cap of $146b at 55x price/sales. PLTR shares are currently trading at a significant premium over its competitors, holding an enterprise-value weighted average price/sales multiple of 13.87x. The purpose of weighting the competitors’ multiples based on enterprise value is to control for size and how much of the market shares command. Despite this high multiple, I believe PLTR’s valuation is justified by its accelerated growth trajectory and its strong profitability.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0374615b8408d10bdd3d29357c2fd05d\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"45\"/><span>Seeking Alpha</span></p><p></p><p>Given the steep run-up in price, I have reason to believe that shares may retrace in the near-term to $54/share before returning to growth.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5d378b8d571314b1a3bf5d6b21205539\" alt=\"TradingView\" title=\"TradingView\" tg-width=\"640\" tg-height=\"316\"/><span>TradingView</span></p><p></p><p>I believe that the ultimate questions investors must ask is whether the high valuation is justified by the firm’s growth and margins, and whether shares can be sustained at these levels. I believe that with the new shareholder base being included in the S&P 500, PLTR shares have a certain level of baseline growth implied through the growth of the broader market, driven by index investors. Though only accounting for 0.24% of the index, I anticipate that growth in the index will positively impact PLTR shares.</p><p>Using an internal valuation model based on my growth forecast and the firm’s historical valuation range, I believe PLTR shares have outpaced its eFY25 levels, suggesting a HOLD rating.</p><p>Looking further out to eFY26, I believe PLTR shares may have some gas left in the tank to appreciate by 20% to $73.70/share at 39.39x eFY26 price/sales. Despite the averages used in the model, I believe shares may run as far as $80.46/share at 54.61x eFY25 price/sales if the company continues to outpace expectations in terms of growth and margin expansion.</p><p>Given the risks involved, I am maintaining my STRONG BUY rating with a price target of $73.70/share at 39.39x eFY26 price/sales.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7cab3cecd23beffcb52051943753ac59\" alt=\"Corporate Reports\" title=\"Corporate Reports\" tg-width=\"640\" tg-height=\"115\"/><span>Corporate Reports</span></p></body></html>","source":"seekingalpha_fund","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>Palantir Hits The Gas On Growth</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\">\nPalantir Hits The Gas On Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 23:55 GMT+8 <a href=https://seekingalpha.com/article/4737274-palantir-hits-the-gas-on-growth><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir reported a strong Q3'24 with 30% revenue growth and a significant adjusted operating margin expansion to 38%, achieving a \"Rule Of\" 68%.Management raised FY24 guidance to $2.805-2.809 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4737274-palantir-hits-the-gas-on-growth\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4737274-palantir-hits-the-gas-on-growth","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137558649","content_text":"SummaryPalantir reported a strong Q3'24 with 30% revenue growth and a significant adjusted operating margin expansion to 38%, achieving a \"Rule Of\" 68%.Management raised FY24 guidance to $2.805-2.809 billion in revenue and $1.054-1.058 billion in adjusted operating margin, with a 38% margin at the midpoint.Palantir continues to drive large deals through its AIP bootcamps, closing 104 deals each valued over $1mm in q3'24.Air Force Day. Aircraft silhouettes on background of sunset.Palantir (NYSE:PLTR) reported a strong beat-and-raise with revenue growing by 30% in q3’24 paired with a significant adjusted operating margin expansion to 38%, resulting in a “Rule Of” 68%, up from 46% on q3’23. Management increased its guidance to $2.805-2.809b in net revenue for eFY24 with an adjusted operating margin of $1.054-1.058b, up from the previous quarter’s guidance of $2.742-2.750b in revenue and adjusted operating margin of $966-974mm. At the midpoint, the new guidance calls for an improved margin of 38%, up from 35%. Management also guided to the higher end of the range for adjusted free cash flow to $1b for eFY24. Given the improved guidance and the potential for accelerated growth going into eFY25, I am maintaining my STRONG BUY rating with an increased price target of $73.70/share at 39.39x eFY26 price/sales.Corporate ReportsPalantir OperationsIt is clear that Palantir’s AI platform is becoming a major player for enterprise software as adoption continues to accelerate through its impressive 30% sales growth in q3’24. This is primarily achieved through its live data use cases during the AIP bootcamps that are being translated to production-ready models for enterprises to implement and leverage for cost-savings/money-making initiatives. Management believes that their platform will go beyond just making/saving money to acceleration through its AI models.To support this growth, management remains focused on expanding its operations through hiring technical talent and investments in AIP. As discussed in my previous reports covering Palantir, I believe much of the firm’s success can be attributed to its direct engagement with its potential customers through the bootcamps. Rather than running the typical sales pitch with a software demonstration and a proof of concept, Palantir uses live company data to prove how the product works for the potential customer. This factor, along with the firm’s growth acceleration, gives me reason to remain bullish on the name.Along with this, customers are expanding their existing contracts with AIP, significantly differentiating Palantir from the “have nots.” Management noted their drive to make AIP the go-to developer platform for AI applications, competing with the likes of Cloudflare (NET) and its developer platform in its secured network ecosystem. Along with custom development features, AIP offers customers a library of pre-built AI applications and builder starter packs, creating a baseline for new customers to quickly ramp up their productivity.In addition to this, Palantir’s platform is also succeeding with defense technology startups as a secure ecosystem that can allow for the firms to contract with the US government. I believe that this feature is significantly beneficial for companies of all sizes as it allows for easier access to gaining FedRAMP authorization.Another factor that significantly differentiates Palantir from competing platform companies like C3.ai (AI) is the diversity of industries. C3.ai made its claim to fame through its partnership with Baker Hughes (BKR) and has since expanded into other industries. The challenge faced is that C3.ai didn’t create a universal platform from the get-go and has since played catch-up to developing a catch-all platform. This has resulted in C3.ai significantly lagging in terms of growth, adoption, and profitability when compared to Palantir.In q3’24, Palantir closed 104 deals valued over $1mm. The firm is realizing an improved deal cycle by taking customers from prototype to production driven by its AIP platform, resulting in both new customer acquisitions and existing customer expansions. Revenue from Palantir’s top 20 customers grew by 12% on a year-over-year basis to $60mm per customer. Total commercial contract value grew by 52% on a year-over-year basis to $612mm with a grand total value of $1.1b.One example management provided was reducing the time it takes for an insurance company to underwrite policies from 2 weeks to 3 hours through the automation of the underwriting workflows. This was done through the deployment of 78 AI agents. I believe that this will reduce the insurance company’s operational and administrative costs, resulting in major cost savings as well as a positioning of the firm with a shorter sales cycle. Palantir also referred to helping Trinity Rail develop a functional workflow that helped improve the company’s bottom line by $30mm.On the domestic front, Palantir grew its US commercial business by 54% on a year-over-year basis as well as a 40% year-over-year growth rate for its US government business. Palantir fully ramped up its Titan program in q3’24 as part of its DoD contract. In addition to this, Palantir is finding success with its Maven program that automates the targeting and firing process, resulting in a 99% reduction in necessary staff to manage the system.Palantir Financial PositionCorporate ReportsPalantir’s top-line growth began accelerating in q2’23 and has since reached 30% in q3’24 as enterprises and sovereign governments accelerate their AI adoption. I believe Palantir may continue realizing accelerated growth in the coming years as enterprises seek to better manage margins and growth through operational automation and optimization. For this reason, I’m forecasting Palantir to report $2.8b in net revenue and an adjusted EPS of $0.37/share for eFY24. I’m forecasting the top-line to grow by 28% in eFY25 to $2.8b and taper down to 27% growth in eFY26 to $3.6b.I’m also forecasting Palantir to continue expanding its adjusted operating margin as the firm realizes economies of scale through further customer adoption. I’m forecasting Palantir’s “Rule Of” to expand to 64% for eFY24 and grow to 66% in eFY25. For reference, Palantir calculates its “Rule Of” by adding top-line growth and adjusted operating margin.Corporate ReportsOne headwind that may hinder some growth is the power constraint as it pertains to the growing data center footprint. As discussed in my report covering Microsoft (MSFT) the data center footprint is forecast to grow at a 23% CAGR through 2030 driven by AI training and inferencing. One major factor that may impede this growth is sourcing baseload capacity. I have reason to believe that the grid is being incrementally stretched thin for additional data center capacity, resulting in the hyperscalers seeking additional power sources, including dedicated baseload capacity through partnerships with the utilities. Given the substantial interest in nuclear power, specifically small modular reactors [SMRs], much of the capacity will not likely be built out until 2030-2035 as the technology has yet to be proven. Given Palantir’s low profile, this may not be a substantial impact to the firm’s growth trajectory.Risks Related To PalantirBull CasePalantir is driving adoption across both its commercial and government businesses, leading to an acceleration in its top-line growth rate. The firm has proven that its high level of growth doesn’t have to sacrifice margins, resulting in a “Rule Of” 68% in q3’24. I believe that Palantir may also benefit from the recent administration change in the US, as government efficiency will be a primary initiative. Given Elon Musk’s interest in AI development, I believe that Palantir may be well-positioned to expand its roots across various governmental departments to help reduce overhead and administrative costs while boosting performance efficiency.As it relates to its share price performance, Palantir was added to the S&P 500 on September 23, 2024, resulting in an increased shareholder base through passive investors buying into the index. I believe that this may in part be the cause of the stock’s significant valuation expansion in the last few months.Bear CasePalantir’s valuation is at its all-time high at 54x trailing twelve-month sales. This may result in investor hesitancy as shares are significantly more expensive when compared to a year ago when shares were trading below 20x sales.Palantir is currently expanding its headcount to support the growth of the business. If growth were to stall out or not continue to accelerate at the current rate, the firm may realize margin compression, and in turn, a decline in its “Rule Of”.The stock performance may also trigger the firm to accelerate its stock-based compensation program if certain market-based vesting criteria are met, resulting in further dilution of the share count. In addition to this, insiders have been consistently selling shares, potentially signaling a more bearish sentiment to investors. To offset stock-based compensation, Palantir repurchased 1.8mm shares in q3’24 with $954mm remaining in its share repurchase program.Valuation & Shareholder ValueCorporate ReportsPLTR shares have reached their all-time high in terms of price and valuation, commanding a market cap of $146b at 55x price/sales. PLTR shares are currently trading at a significant premium over its competitors, holding an enterprise-value weighted average price/sales multiple of 13.87x. The purpose of weighting the competitors’ multiples based on enterprise value is to control for size and how much of the market shares command. Despite this high multiple, I believe PLTR’s valuation is justified by its accelerated growth trajectory and its strong profitability.Seeking AlphaGiven the steep run-up in price, I have reason to believe that shares may retrace in the near-term to $54/share before returning to growth.TradingViewI believe that the ultimate questions investors must ask is whether the high valuation is justified by the firm’s growth and margins, and whether shares can be sustained at these levels. I believe that with the new shareholder base being included in the S&P 500, PLTR shares have a certain level of baseline growth implied through the growth of the broader market, driven by index investors. Though only accounting for 0.24% of the index, I anticipate that growth in the index will positively impact PLTR shares.Using an internal valuation model based on my growth forecast and the firm’s historical valuation range, I believe PLTR shares have outpaced its eFY25 levels, suggesting a HOLD rating.Looking further out to eFY26, I believe PLTR shares may have some gas left in the tank to appreciate by 20% to $73.70/share at 39.39x eFY26 price/sales. Despite the averages used in the model, I believe shares may run as far as $80.46/share at 54.61x eFY25 price/sales if the company continues to outpace expectations in terms of growth and margin expansion.Given the risks involved, I am maintaining my STRONG BUY rating with a price target of $73.70/share at 39.39x eFY26 price/sales.Corporate Reports","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371291298632016,"gmtCreate":1731687009470,"gmtModify":1731687014147,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ </a><v-v data-views=\"1\"></v-v> 0ne hundred usd Buying ","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ </a><v-v data-views=\"1\"></v-v> 0ne hundred usd Buying ","text":"$Palantir Technologies Inc.(PLTR)$ 0ne hundred usd Buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371291298632016","isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370202775199904,"gmtCreate":1731409672208,"gmtModify":1731409676632,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370202775199904","repostId":"1146952071","repostType":2,"repost":{"id":"1146952071","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":1731399078,"share":"https://ttm.financial/m/news/1146952071?lang=&edition=fundamental","pubTime":"2024-11-12 16:11","market":"us","language":"en","title":"UP Fintech: Revenue Hits Record US$101 Million; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1146952071","media":"Tiger Newspress","summary":"New York, Nov.12, 2024 – UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), announced its unaudited financial results for the third quarter ended September 30, 2024. UP Fintech","content":"<html><head></head><body><p>New York, Nov.12, 2024 – UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), announced its unaudited financial results for the third quarter ended September 30, 2024. UP Fintech reported record revenue of US$101.1 million in the third quarter, representing a 15.6% increase quarter-over-quarter (QoQ) and a 44.1% increase year-over-year (YoY). Non-GAAP net income attributable to UP Fintech shareholders was US$20.1 million, up 286.5% QoQ and 25.6% YoY. The Company added 60,000 new accounts in Q3, bringing its total global account number to 2.37 million, a 10.2% YoY increase. New funded accounts increased by 50,500, driving total funded accounts to 1,032,800, a 19.3% YoY increase. Trading volume remained robust, with total trading volume increasing 103.1% YoY to US$163 billion. Strong net deposits propelled client assets to US$40.8 billion, a 6.7% QoQ and 115.9% YoY increase, reaching a record high.</p><p style=\"text-align: left;\"><strong>UP Fintech's founder and CEO, Wu Tianhua</strong>, stated, "In Q3, enhanced product experience drove significant business growth for the company, with revenue surpassing US$100 million—a record high—and profit reaching a three-year peak. Total client assets doubled YoY to US$40.8 billion, and the company has already achieved its annual guidance of acquiring 150,000 newly funded accounts by now. Global trading activity remained strong, with trading volume doubling YoY."</p><p style=\"text-align: left;\">"Tiger Brokers continued to improve client investment experiences by launching virtual trade-sharing accounts, allowing users to track the trades of prominent figures like Warren Buffett and Nancy Pelosi. In Hong Kong, Tiger introduced monthly options for Hong Kong stocks in September, boosting weekly trader engagement and order volumes. Recently, we launched weekly stock options for Hong Kong stocks, becoming one of the first brokers to offer cycle options trading in the region, enhancing trading convenience and options for local investors."</p><p style=\"text-align: left;\"><strong>SG: Achieved record-high quarterly trading volume and commission income</strong></p><p style=\"text-align: left;\"><strong>HK: Client assets grew 30% QoQ</strong></p><p style=\"text-align: left;\">In Singapore, Tiger Brokers saw significant growth in Q3, with several key metrics hitting an all-time high. Both total trading volume and commission income reached record levels, soaring 253% and 72% YoY, respectively. Net asset inflows climbed 134% YoY. Stock trading remained strong, with US and Singapore stock trading volumes reaching record highs, up 87% and 73% YoY. US options trading also performed exceptionally well, setting new records for the number of orders, trading volume, and commission income, with increases of 108%, 187%, and 59% YoY, respectively. Futures trading also saw record trading volume and commission income, jumping 357% and 110% YoY. In addition, the Cash Boost trading account, which was linked to the Central Depository (CDP) account in August, attracted a broader investor base, driving a 43% increase in trading orders and a 53% increase in gross commission QoQ. In September, the Tiger BOSS Debit Card and Tiger Vault were integrated for T+0 automated subscriptions and redemptions, streamlining clients' daily spending, wealth management, and stock trading.</p><p style=\"text-align: left;\">Hong Kong continued to attract high-quality clients in Q3, with client assets growing by over 30% QoQ. In Q3, Hong Kong launched stock options and short-selling to provide local investors with more comprehensive investment options. Following the introduction of monthly stock options in late September, weekly trading activity and order volume rose significantly, reflecting growing demand. Recently, Tiger also introduced weekly Hong Kong stock options, becoming one of the first brokers to support cycle options trading in the region. Since expanding virtual asset trading to retail investors on July 1, Tiger Brokers has seen a surge in the number of investors and orders. This quarter saw Hong Kong users' crypto trading orders and volume jump 1,673% and 1,293% QoQ. Tiger Vault also remained popular, with USD money market fund orders and volume up 99% and 106%, and US Treasury bond orders and volume rising 119% and 160% QoQ.</p><p style=\"text-align: left;\">In the U.S., TradeUP demonstrated robust growth momentum in Q3. User downloads grew by 122% compared to Q2, with account openings up by 88% QoQ, reflecting strong platform appeal and market reach. U.S. client trading volume in U.S. stocks grew 179% QoQ, while options trading increased by 89%. Q3 also marked progress in self-clearing for U.S. stocks and options, enhancing trade execution, stock lending, and settlement. Stock clearing volume rose 93% YoY and options clearing volume by 185%. Night trading delivered standout performance, with after-hours U.S. stock trading volume via Tiger’s self-clearing up by 240% QoQ. Additionally, leveraging diversified stock lending services, TradeUP's stock lending and margin financing volume grew 114% YoY and 52% QoQ. As of Q3, TradeUP led six IPOs of Asia-Pacific companies, securing the top industry rank.</p><p style=\"text-align: left;\">In Australia, Tiger Brokers continued to build trust with local clients, achieving a 104% YoY increase in newly funded accounts. Net asset inflows grew 207% YoY and 82% QoQ. Gross commission income rose 122% YoY. In August, Tiger Trade received the Finder 2024 "Best Mobile App" award in Australia, earning significant industry recognition. In New Zealand, Q3 saw strong trading activity on Tiger’s platform, attracting a large number of high-quality clients, with total deposits increasing 128% YoY, and trading volume surging 249% YoY. US stocks and options trading continued to perform well, with the number of orders growing 114% and 124% YoY respectively in Q3.</p><p style=\"text-align: left;\"><strong>New subscriptions to Trade Feed grew 85% QoQ</strong></p><p style=\"text-align: left;\"><strong>Tiger Vault's users doubled YoY</strong></p><p style=\"text-align: left;\">In Q3, commission income rose 20.9% QoQ to US$41.2 million, while interest-related income grew 22% YoY to US$50.8 million. Tiger Brokers continues to enhance its one-stop global investing experience. Product enhancements include enriched options functions with the addition of implied volatility and options volatility analysis*, catering to professional users and helping them select appropriate options strategies. A new "Yield Hunting" product list on Tiger’s wealth homepage provides rich historical backtesting performance and fundamental information, empowering high-net-worth individuals to optimize investment decisions and maximize returns. Key metrics such as backtested PoP(Probability of Profit) and are assignment probability have been added to the FCN notes details page. A new watchlist assistant feature* provides timely alerts on stock movements for holdings, helping investors avoid missing crucial investment opportunities. The Trade Feed feature continues to upgrade, with the significant addition of Guru Tracker* in Q3, allowing users to track the trades of prominent figures like Warren Buffett and Nancy Pelosi. Trade Feed is now supported in Australia, helping novice investors stay informed on the latest trading activity. The number of new Trade Feed feature subscriptions grew significantly, up 85% QoQ.</p><p style=\"text-align: left;\">On the wealth management side, spurred by the Federal Reserve's rate cuts, assets under management (AUM) and users grew 101% and 92% YoY in Q3. Tiger Vault continued to gain traction, with AUM and users increasing 99% and 106% YoY. Tiger Wealth's expanded product range is driving deeper client engagement across asset classes. The AUM of US Treasury bonds held by wealth clients grew 64% QoQ. Gross merchandise value (GMV) for structured notes traded by high-net-worth clients saw a growth rate of over 112% QoQ. To help clients navigate market volatility, Tiger Wealth launched thematic content and a series of livestreams on topics such as the "US Election" and "Trading Amidst Rate Cuts" in Q3, featuring expert insights and providing timely, in-depth market analysis. Tiger Wealth's newly launched Hong Kong immigration through investment services and flexible US Treasury Discretionary Portfolio Management (DPM) services also proved popular with high net worth clients in Q3.</p><p style=\"text-align: left;\">Since its launch, the TradingFront asset management platform (TAMP) has focused on providing flexible account structures, convenient online account opening, and multi-market, multi-asset trading services, steadily building a strong reputation among trading-oriented institutional clients. In Q3, TradingFront platform AUM grew 16% QoQ, and the number of regular investing accounts increased 20% QoQ. At the Singapore Financial Advisers Association (AFA) annual conference in August, Tiger highlighted how TradingFront empowers financial advisors to leverage fintech and AI, keeping pace with industry changes and continuously enhancing their service efficiency and capabilities.</p><p style=\"text-align: left;\"><strong>Among the top three HK IPO underwriters</strong></p><p style=\"text-align: left;\"><strong>Employee stock option management SaaS platform net profit jumped over 2.7 times QoQ</strong></p><p style=\"text-align: left;\">In Q3, UP Fintech's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), reached US$9.1 million. Tiger Brokers continued to demonstrate its strong capabilities and expertise in US stock underwriting. In the reporting period, Tiger served as the lead underwriter for three US IPOs, acting as the sole lead underwriter for both NIP Group and XCharge. Leveraging its superior trade execution capabilities, Tiger also facilitated three share repurchase agreements for US-listed companies in Q3. Furthermore, Tiger underwrote nine Hong Kong IPOs in the reporting period, including those of Metasurface Technologies, Zhonggan Communication, Xi'an Kingfar Property, and Fangzhou Jianke, ranking among the top three on the Hong Kong IPO underwriting league table for Q3.</p><p style=\"text-align: left;\">The Employee Stock Ownership Plan (ESOP) front, or UponeShare, added 18 new enterprise clients to reach 597 total clients served. Client retention improved significantly, with repeat orders exceeding new orders and growing 33.3% QoQ. Meanwhile, the Company continued to expand into new business models, signing its first software product order during the quarter. Following its milestone of achieving profitability in Q2, the employee stock option management SaaS platform maintained its positive momentum in Q3, with net profit surging by over 270% QoQ and on track for full-year profitability.</p><p style=\"text-align: left;\">Regarding Tiger Enterprise Account, the Company added 13 new clients this quarter, including ChaPanda, Shansong, and YXT.com, bringing the total number of enterprise clients to 455. During the quarter, the Company facilitated Tuya Inc.'s Q2 earnings call, promoting effective communication with the market. "Tiger Online Show", a high-profile, in-depth interview series, partnered with Kingsoft Cloud executives in September to provide investors with insights and guidance on investment decisions in the cloud services sector. Additionally, the Tiger Enterprise Account has successfully organized an investor relations event for Eastbuy, delving into the business development of livestream e-commerce and exploring new industry trends.</p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">*<em>Available in certain markets</em></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UP Fintech: Revenue Hits Record US$101 Million; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion</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\">\nUP Fintech: Revenue Hits Record US$101 Million; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion\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\">2024-11-12 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>New York, Nov.12, 2024 – UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), announced its unaudited financial results for the third quarter ended September 30, 2024. UP Fintech reported record revenue of US$101.1 million in the third quarter, representing a 15.6% increase quarter-over-quarter (QoQ) and a 44.1% increase year-over-year (YoY). Non-GAAP net income attributable to UP Fintech shareholders was US$20.1 million, up 286.5% QoQ and 25.6% YoY. The Company added 60,000 new accounts in Q3, bringing its total global account number to 2.37 million, a 10.2% YoY increase. New funded accounts increased by 50,500, driving total funded accounts to 1,032,800, a 19.3% YoY increase. Trading volume remained robust, with total trading volume increasing 103.1% YoY to US$163 billion. Strong net deposits propelled client assets to US$40.8 billion, a 6.7% QoQ and 115.9% YoY increase, reaching a record high.</p><p style=\"text-align: left;\"><strong>UP Fintech's founder and CEO, Wu Tianhua</strong>, stated, "In Q3, enhanced product experience drove significant business growth for the company, with revenue surpassing US$100 million—a record high—and profit reaching a three-year peak. Total client assets doubled YoY to US$40.8 billion, and the company has already achieved its annual guidance of acquiring 150,000 newly funded accounts by now. Global trading activity remained strong, with trading volume doubling YoY."</p><p style=\"text-align: left;\">"Tiger Brokers continued to improve client investment experiences by launching virtual trade-sharing accounts, allowing users to track the trades of prominent figures like Warren Buffett and Nancy Pelosi. In Hong Kong, Tiger introduced monthly options for Hong Kong stocks in September, boosting weekly trader engagement and order volumes. Recently, we launched weekly stock options for Hong Kong stocks, becoming one of the first brokers to offer cycle options trading in the region, enhancing trading convenience and options for local investors."</p><p style=\"text-align: left;\"><strong>SG: Achieved record-high quarterly trading volume and commission income</strong></p><p style=\"text-align: left;\"><strong>HK: Client assets grew 30% QoQ</strong></p><p style=\"text-align: left;\">In Singapore, Tiger Brokers saw significant growth in Q3, with several key metrics hitting an all-time high. Both total trading volume and commission income reached record levels, soaring 253% and 72% YoY, respectively. Net asset inflows climbed 134% YoY. Stock trading remained strong, with US and Singapore stock trading volumes reaching record highs, up 87% and 73% YoY. US options trading also performed exceptionally well, setting new records for the number of orders, trading volume, and commission income, with increases of 108%, 187%, and 59% YoY, respectively. Futures trading also saw record trading volume and commission income, jumping 357% and 110% YoY. In addition, the Cash Boost trading account, which was linked to the Central Depository (CDP) account in August, attracted a broader investor base, driving a 43% increase in trading orders and a 53% increase in gross commission QoQ. In September, the Tiger BOSS Debit Card and Tiger Vault were integrated for T+0 automated subscriptions and redemptions, streamlining clients' daily spending, wealth management, and stock trading.</p><p style=\"text-align: left;\">Hong Kong continued to attract high-quality clients in Q3, with client assets growing by over 30% QoQ. In Q3, Hong Kong launched stock options and short-selling to provide local investors with more comprehensive investment options. Following the introduction of monthly stock options in late September, weekly trading activity and order volume rose significantly, reflecting growing demand. Recently, Tiger also introduced weekly Hong Kong stock options, becoming one of the first brokers to support cycle options trading in the region. Since expanding virtual asset trading to retail investors on July 1, Tiger Brokers has seen a surge in the number of investors and orders. This quarter saw Hong Kong users' crypto trading orders and volume jump 1,673% and 1,293% QoQ. Tiger Vault also remained popular, with USD money market fund orders and volume up 99% and 106%, and US Treasury bond orders and volume rising 119% and 160% QoQ.</p><p style=\"text-align: left;\">In the U.S., TradeUP demonstrated robust growth momentum in Q3. User downloads grew by 122% compared to Q2, with account openings up by 88% QoQ, reflecting strong platform appeal and market reach. U.S. client trading volume in U.S. stocks grew 179% QoQ, while options trading increased by 89%. Q3 also marked progress in self-clearing for U.S. stocks and options, enhancing trade execution, stock lending, and settlement. Stock clearing volume rose 93% YoY and options clearing volume by 185%. Night trading delivered standout performance, with after-hours U.S. stock trading volume via Tiger’s self-clearing up by 240% QoQ. Additionally, leveraging diversified stock lending services, TradeUP's stock lending and margin financing volume grew 114% YoY and 52% QoQ. As of Q3, TradeUP led six IPOs of Asia-Pacific companies, securing the top industry rank.</p><p style=\"text-align: left;\">In Australia, Tiger Brokers continued to build trust with local clients, achieving a 104% YoY increase in newly funded accounts. Net asset inflows grew 207% YoY and 82% QoQ. Gross commission income rose 122% YoY. In August, Tiger Trade received the Finder 2024 "Best Mobile App" award in Australia, earning significant industry recognition. In New Zealand, Q3 saw strong trading activity on Tiger’s platform, attracting a large number of high-quality clients, with total deposits increasing 128% YoY, and trading volume surging 249% YoY. US stocks and options trading continued to perform well, with the number of orders growing 114% and 124% YoY respectively in Q3.</p><p style=\"text-align: left;\"><strong>New subscriptions to Trade Feed grew 85% QoQ</strong></p><p style=\"text-align: left;\"><strong>Tiger Vault's users doubled YoY</strong></p><p style=\"text-align: left;\">In Q3, commission income rose 20.9% QoQ to US$41.2 million, while interest-related income grew 22% YoY to US$50.8 million. Tiger Brokers continues to enhance its one-stop global investing experience. Product enhancements include enriched options functions with the addition of implied volatility and options volatility analysis*, catering to professional users and helping them select appropriate options strategies. A new "Yield Hunting" product list on Tiger’s wealth homepage provides rich historical backtesting performance and fundamental information, empowering high-net-worth individuals to optimize investment decisions and maximize returns. Key metrics such as backtested PoP(Probability of Profit) and are assignment probability have been added to the FCN notes details page. A new watchlist assistant feature* provides timely alerts on stock movements for holdings, helping investors avoid missing crucial investment opportunities. The Trade Feed feature continues to upgrade, with the significant addition of Guru Tracker* in Q3, allowing users to track the trades of prominent figures like Warren Buffett and Nancy Pelosi. Trade Feed is now supported in Australia, helping novice investors stay informed on the latest trading activity. The number of new Trade Feed feature subscriptions grew significantly, up 85% QoQ.</p><p style=\"text-align: left;\">On the wealth management side, spurred by the Federal Reserve's rate cuts, assets under management (AUM) and users grew 101% and 92% YoY in Q3. Tiger Vault continued to gain traction, with AUM and users increasing 99% and 106% YoY. Tiger Wealth's expanded product range is driving deeper client engagement across asset classes. The AUM of US Treasury bonds held by wealth clients grew 64% QoQ. Gross merchandise value (GMV) for structured notes traded by high-net-worth clients saw a growth rate of over 112% QoQ. To help clients navigate market volatility, Tiger Wealth launched thematic content and a series of livestreams on topics such as the "US Election" and "Trading Amidst Rate Cuts" in Q3, featuring expert insights and providing timely, in-depth market analysis. Tiger Wealth's newly launched Hong Kong immigration through investment services and flexible US Treasury Discretionary Portfolio Management (DPM) services also proved popular with high net worth clients in Q3.</p><p style=\"text-align: left;\">Since its launch, the TradingFront asset management platform (TAMP) has focused on providing flexible account structures, convenient online account opening, and multi-market, multi-asset trading services, steadily building a strong reputation among trading-oriented institutional clients. In Q3, TradingFront platform AUM grew 16% QoQ, and the number of regular investing accounts increased 20% QoQ. At the Singapore Financial Advisers Association (AFA) annual conference in August, Tiger highlighted how TradingFront empowers financial advisors to leverage fintech and AI, keeping pace with industry changes and continuously enhancing their service efficiency and capabilities.</p><p style=\"text-align: left;\"><strong>Among the top three HK IPO underwriters</strong></p><p style=\"text-align: left;\"><strong>Employee stock option management SaaS platform net profit jumped over 2.7 times QoQ</strong></p><p style=\"text-align: left;\">In Q3, UP Fintech's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), reached US$9.1 million. Tiger Brokers continued to demonstrate its strong capabilities and expertise in US stock underwriting. In the reporting period, Tiger served as the lead underwriter for three US IPOs, acting as the sole lead underwriter for both NIP Group and XCharge. Leveraging its superior trade execution capabilities, Tiger also facilitated three share repurchase agreements for US-listed companies in Q3. Furthermore, Tiger underwrote nine Hong Kong IPOs in the reporting period, including those of Metasurface Technologies, Zhonggan Communication, Xi'an Kingfar Property, and Fangzhou Jianke, ranking among the top three on the Hong Kong IPO underwriting league table for Q3.</p><p style=\"text-align: left;\">The Employee Stock Ownership Plan (ESOP) front, or UponeShare, added 18 new enterprise clients to reach 597 total clients served. Client retention improved significantly, with repeat orders exceeding new orders and growing 33.3% QoQ. Meanwhile, the Company continued to expand into new business models, signing its first software product order during the quarter. Following its milestone of achieving profitability in Q2, the employee stock option management SaaS platform maintained its positive momentum in Q3, with net profit surging by over 270% QoQ and on track for full-year profitability.</p><p style=\"text-align: left;\">Regarding Tiger Enterprise Account, the Company added 13 new clients this quarter, including ChaPanda, Shansong, and YXT.com, bringing the total number of enterprise clients to 455. During the quarter, the Company facilitated Tuya Inc.'s Q2 earnings call, promoting effective communication with the market. "Tiger Online Show", a high-profile, in-depth interview series, partnered with Kingsoft Cloud executives in September to provide investors with insights and guidance on investment decisions in the cloud services sector. Additionally, the Tiger Enterprise Account has successfully organized an investor relations event for Eastbuy, delving into the business development of livestream e-commerce and exploring new industry trends.</p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">*<em>Available in certain markets</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146952071","content_text":"New York, Nov.12, 2024 – UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), announced its unaudited financial results for the third quarter ended September 30, 2024. UP Fintech reported record revenue of US$101.1 million in the third quarter, representing a 15.6% increase quarter-over-quarter (QoQ) and a 44.1% increase year-over-year (YoY). Non-GAAP net income attributable to UP Fintech shareholders was US$20.1 million, up 286.5% QoQ and 25.6% YoY. The Company added 60,000 new accounts in Q3, bringing its total global account number to 2.37 million, a 10.2% YoY increase. New funded accounts increased by 50,500, driving total funded accounts to 1,032,800, a 19.3% YoY increase. Trading volume remained robust, with total trading volume increasing 103.1% YoY to US$163 billion. Strong net deposits propelled client assets to US$40.8 billion, a 6.7% QoQ and 115.9% YoY increase, reaching a record high.UP Fintech's founder and CEO, Wu Tianhua, stated, \"In Q3, enhanced product experience drove significant business growth for the company, with revenue surpassing US$100 million—a record high—and profit reaching a three-year peak. Total client assets doubled YoY to US$40.8 billion, and the company has already achieved its annual guidance of acquiring 150,000 newly funded accounts by now. Global trading activity remained strong, with trading volume doubling YoY.\"\"Tiger Brokers continued to improve client investment experiences by launching virtual trade-sharing accounts, allowing users to track the trades of prominent figures like Warren Buffett and Nancy Pelosi. In Hong Kong, Tiger introduced monthly options for Hong Kong stocks in September, boosting weekly trader engagement and order volumes. Recently, we launched weekly stock options for Hong Kong stocks, becoming one of the first brokers to offer cycle options trading in the region, enhancing trading convenience and options for local investors.\"SG: Achieved record-high quarterly trading volume and commission incomeHK: Client assets grew 30% QoQIn Singapore, Tiger Brokers saw significant growth in Q3, with several key metrics hitting an all-time high. Both total trading volume and commission income reached record levels, soaring 253% and 72% YoY, respectively. Net asset inflows climbed 134% YoY. Stock trading remained strong, with US and Singapore stock trading volumes reaching record highs, up 87% and 73% YoY. US options trading also performed exceptionally well, setting new records for the number of orders, trading volume, and commission income, with increases of 108%, 187%, and 59% YoY, respectively. Futures trading also saw record trading volume and commission income, jumping 357% and 110% YoY. In addition, the Cash Boost trading account, which was linked to the Central Depository (CDP) account in August, attracted a broader investor base, driving a 43% increase in trading orders and a 53% increase in gross commission QoQ. In September, the Tiger BOSS Debit Card and Tiger Vault were integrated for T+0 automated subscriptions and redemptions, streamlining clients' daily spending, wealth management, and stock trading.Hong Kong continued to attract high-quality clients in Q3, with client assets growing by over 30% QoQ. In Q3, Hong Kong launched stock options and short-selling to provide local investors with more comprehensive investment options. Following the introduction of monthly stock options in late September, weekly trading activity and order volume rose significantly, reflecting growing demand. Recently, Tiger also introduced weekly Hong Kong stock options, becoming one of the first brokers to support cycle options trading in the region. Since expanding virtual asset trading to retail investors on July 1, Tiger Brokers has seen a surge in the number of investors and orders. This quarter saw Hong Kong users' crypto trading orders and volume jump 1,673% and 1,293% QoQ. Tiger Vault also remained popular, with USD money market fund orders and volume up 99% and 106%, and US Treasury bond orders and volume rising 119% and 160% QoQ.In the U.S., TradeUP demonstrated robust growth momentum in Q3. User downloads grew by 122% compared to Q2, with account openings up by 88% QoQ, reflecting strong platform appeal and market reach. U.S. client trading volume in U.S. stocks grew 179% QoQ, while options trading increased by 89%. Q3 also marked progress in self-clearing for U.S. stocks and options, enhancing trade execution, stock lending, and settlement. Stock clearing volume rose 93% YoY and options clearing volume by 185%. Night trading delivered standout performance, with after-hours U.S. stock trading volume via Tiger’s self-clearing up by 240% QoQ. Additionally, leveraging diversified stock lending services, TradeUP's stock lending and margin financing volume grew 114% YoY and 52% QoQ. As of Q3, TradeUP led six IPOs of Asia-Pacific companies, securing the top industry rank.In Australia, Tiger Brokers continued to build trust with local clients, achieving a 104% YoY increase in newly funded accounts. Net asset inflows grew 207% YoY and 82% QoQ. Gross commission income rose 122% YoY. In August, Tiger Trade received the Finder 2024 \"Best Mobile App\" award in Australia, earning significant industry recognition. In New Zealand, Q3 saw strong trading activity on Tiger’s platform, attracting a large number of high-quality clients, with total deposits increasing 128% YoY, and trading volume surging 249% YoY. US stocks and options trading continued to perform well, with the number of orders growing 114% and 124% YoY respectively in Q3.New subscriptions to Trade Feed grew 85% QoQTiger Vault's users doubled YoYIn Q3, commission income rose 20.9% QoQ to US$41.2 million, while interest-related income grew 22% YoY to US$50.8 million. Tiger Brokers continues to enhance its one-stop global investing experience. Product enhancements include enriched options functions with the addition of implied volatility and options volatility analysis*, catering to professional users and helping them select appropriate options strategies. A new \"Yield Hunting\" product list on Tiger’s wealth homepage provides rich historical backtesting performance and fundamental information, empowering high-net-worth individuals to optimize investment decisions and maximize returns. Key metrics such as backtested PoP(Probability of Profit) and are assignment probability have been added to the FCN notes details page. A new watchlist assistant feature* provides timely alerts on stock movements for holdings, helping investors avoid missing crucial investment opportunities. The Trade Feed feature continues to upgrade, with the significant addition of Guru Tracker* in Q3, allowing users to track the trades of prominent figures like Warren Buffett and Nancy Pelosi. Trade Feed is now supported in Australia, helping novice investors stay informed on the latest trading activity. The number of new Trade Feed feature subscriptions grew significantly, up 85% QoQ.On the wealth management side, spurred by the Federal Reserve's rate cuts, assets under management (AUM) and users grew 101% and 92% YoY in Q3. Tiger Vault continued to gain traction, with AUM and users increasing 99% and 106% YoY. Tiger Wealth's expanded product range is driving deeper client engagement across asset classes. The AUM of US Treasury bonds held by wealth clients grew 64% QoQ. Gross merchandise value (GMV) for structured notes traded by high-net-worth clients saw a growth rate of over 112% QoQ. To help clients navigate market volatility, Tiger Wealth launched thematic content and a series of livestreams on topics such as the \"US Election\" and \"Trading Amidst Rate Cuts\" in Q3, featuring expert insights and providing timely, in-depth market analysis. Tiger Wealth's newly launched Hong Kong immigration through investment services and flexible US Treasury Discretionary Portfolio Management (DPM) services also proved popular with high net worth clients in Q3.Since its launch, the TradingFront asset management platform (TAMP) has focused on providing flexible account structures, convenient online account opening, and multi-market, multi-asset trading services, steadily building a strong reputation among trading-oriented institutional clients. In Q3, TradingFront platform AUM grew 16% QoQ, and the number of regular investing accounts increased 20% QoQ. At the Singapore Financial Advisers Association (AFA) annual conference in August, Tiger highlighted how TradingFront empowers financial advisors to leverage fintech and AI, keeping pace with industry changes and continuously enhancing their service efficiency and capabilities.Among the top three HK IPO underwritersEmployee stock option management SaaS platform net profit jumped over 2.7 times QoQIn Q3, UP Fintech's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), reached US$9.1 million. Tiger Brokers continued to demonstrate its strong capabilities and expertise in US stock underwriting. In the reporting period, Tiger served as the lead underwriter for three US IPOs, acting as the sole lead underwriter for both NIP Group and XCharge. Leveraging its superior trade execution capabilities, Tiger also facilitated three share repurchase agreements for US-listed companies in Q3. Furthermore, Tiger underwrote nine Hong Kong IPOs in the reporting period, including those of Metasurface Technologies, Zhonggan Communication, Xi'an Kingfar Property, and Fangzhou Jianke, ranking among the top three on the Hong Kong IPO underwriting league table for Q3.The Employee Stock Ownership Plan (ESOP) front, or UponeShare, added 18 new enterprise clients to reach 597 total clients served. Client retention improved significantly, with repeat orders exceeding new orders and growing 33.3% QoQ. Meanwhile, the Company continued to expand into new business models, signing its first software product order during the quarter. Following its milestone of achieving profitability in Q2, the employee stock option management SaaS platform maintained its positive momentum in Q3, with net profit surging by over 270% QoQ and on track for full-year profitability.Regarding Tiger Enterprise Account, the Company added 13 new clients this quarter, including ChaPanda, Shansong, and YXT.com, bringing the total number of enterprise clients to 455. During the quarter, the Company facilitated Tuya Inc.'s Q2 earnings call, promoting effective communication with the market. \"Tiger Online Show\", a high-profile, in-depth interview series, partnered with Kingsoft Cloud executives in September to provide investors with insights and guidance on investment decisions in the cloud services sector. Additionally, the Tiger Enterprise Account has successfully organized an investor relations event for Eastbuy, delving into the business development of livestream e-commerce and exploring new industry trends.*Available in certain markets","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368256645369960,"gmtCreate":1730924253528,"gmtModify":1730924257826,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$ </a><v-v data-views=\"1\"></v-v> Up 30 More buying","listText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$ </a><v-v data-views=\"1\"></v-v> Up 30 More 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buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/281769646301344","isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":281728253727032,"gmtCreate":1709809925043,"gmtModify":1709809927908,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/IBIT\">$iShares Bitcoin Trust(IBIT)$ </a> Up N fly up","listText":"<a href=\"https://ttm.financial/S/IBIT\">$iShares Bitcoin Trust(IBIT)$ </a> Up N fly up","text":"$iShares Bitcoin Trust(IBIT)$ Up N fly up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/281728253727032","isVote":1,"tweetType":1,"viewCount":621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":281651238817856,"gmtCreate":1709809847778,"gmtModify":1709809851386,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> Up 1300 fly","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> Up 1300 fly","text":"$NVIDIA Corp(NVDA)$ Up 1300 fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/281651238817856","isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":277191813800216,"gmtCreate":1708699907633,"gmtModify":1708699911280,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> New uptrend cycle $$$$$$$$$$$$$","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> New uptrend cycle $$$$$$$$$$$$$","text":"$NVIDIA Corp(NVDA)$ New uptrend cycle $$$$$$$$$$$$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/277191813800216","isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":277159678951536,"gmtCreate":1708691946932,"gmtModify":1708691949422,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> 999 Up rocket trend","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> 999 Up rocket trend","text":"$NVIDIA Corp(NVDA)$ 999 Up rocket trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/277159678951536","isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273242372235488,"gmtCreate":1707747357232,"gmtModify":1707747360346,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ </a><v-v data-views=\"0\"></v-v> What again Price trend Down n down","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ </a><v-v data-views=\"0\"></v-v> What again Price trend Down n down","text":"$Palantir Technologies Inc.(PLTR)$ What again Price trend Down n down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273242372235488","isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255867569668376,"gmtCreate":1703488509765,"gmtModify":1703488514681,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"Sell more then or shorties play","listText":"Sell more then or shorties play","text":"Sell more then or shorties play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255867569668376","repostId":"2393549579","repostType":4,"repost":{"id":"2393549579","pubTimestamp":1703476383,"share":"https://ttm.financial/m/news/2393549579?lang=&edition=fundamental","pubTime":"2023-12-25 11:53","market":"us","language":"en","title":"Navigating Palantir’s Choppy Waters: What Investors Should Know Heading Into 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2393549579","media":"InvestorPlace","summary":"PLTR stock is still one of the stronger choices among AI stocks, but it may take some time for shares to enter 'rally mode' once again.","content":"<html><head></head><body><ul style=\"\"><li><p>For those bullish on the rising adoption of artificial intelligence technology, <strong>Palantir Technologies</strong> (<strong>PLTR</strong>) remains a strong choice for gaining exposure to this trend.</p></li></ul><ul style=\"\"><li><p>However, lingering uncertainty over Palantir’s future growth means that shares are likely to keep trading sideways in the near-term.</p></li><li><p>While this doesn’t mean you need to bail on PLTR stock, keep in mind patience is key, as the next big rally may take time to take shape.</p></li></ul><p>Among AI stocks, both high-profile and more under-the-radar, <strong>Palantir Technologies</strong> (NYSE: <strong>PLTR</strong>) continues to be one of the top choices. Those bearish on PLTR stock chalk up its strong 2023 performance to “AI hype.”</p><p>Yet while it’s easy to see why they jump to this conclusion, a substantive bull case can still be made. The use of artificial intelligence applications by commercial enterprises and government agencies keeps rising.</p><p>With this, Palantir (a developer of AI and machine learning software platforms) could handily exceed current growth and earnings forecasts.</p><p>But while Palantir has a lot to gain from the AI mega-trend, it’s still up for debate as to exactly when (and to what extent) the company’s AI catalyst will drive a re-acceleration in sales/big increase in profitability.</p><p>Therefore, expect the price action to continue being choppy in the near future. So, what’s the best move? Let’s find out.</p><h2 id=\"id_3228578464\">PLTR Stock Growth Prospects and Valuation</h2><p>Since January, Palantir shares have soared by around 170%. This puts it in the same league as other top “AI winners” in 2023. For instance, AI chip designer <strong>Nvidia</strong> (NASDAQ: <strong>NVDA</strong>), which has surged by an even greater amount since the start of the year.</p><p>However, unlike the situation with NVDA, where the company’s AI-related growth more-than-justifies its rally, with PLTR stock it’s admittedly easier for the skeptics to argue that its shares have moved up too far, too fast based on the buzz surrounding AI.</p><p>PLTR is up by triple-digits. However, based on sell-side forecasts, Palantir’s revenue is only expected to rise 16.7% (from $1.9 billion to $2.22 billion) for the full year 2023. Although revenue may rise by an even greater degree in 2024 (19.8%), forecasts for next year call for earnings growth of just 16%.</p><p>With this, I can understand those who are currently questioning PLTR’s rich valuation. On the surface, it makes little sense for this stock to trade for 70 times earnings. While at first glance Palantir may seem overpriced and over hyped, there may be a way for shares to sustain (and add to) this valuation.</p><h2 id=\"id_1809195206\">What May Drive the Next Big Rally</h2><p>Check out recent headlines about PLTR stock, and you’ll see quite a few regarding a negative development. I’m talking about news regarding possible issues between Palantir and its U.S. military clients over data ownership. That’s something that may affect the future performance of its governmental book of business.</p><p>However this may be yet another case of Wall Street analysts and commentators making a mountain out of a molehill. The company has denied that there is a data ownership conflict/that the company does not retain ownership rights to customer data.</p><p>Instead of being at risk of losing governmental business, it appears that Palantir is winning more business than expected.</p><p>As <em>InvestorPlace’s</em> Larry Ramer wrote last week, the company has bagged an unanticipated extension of its Vantage contract with the U.S. Army. That said, while the governmental business appears likely to keep humming along, that’s not where the PLTR needle-mover lies.</p><p>Rather, what could drive the next big surge for the stock will likely have to do with the growth of Palantir’s commercial business in the coming year. These results could handily beat the aforementioned expectations, which suggest only a moderate level of growth.</p><h2 id=\"id_1700189597\">The Takeaway</h2><p>In its latest quarterly earnings release, Palantir reported “beat and raise” results, and provided commentary that signals a strong likelihood of the company building on this success in subsequent quarters.</p><p>Demand for AI software from commercial clients isn’t slowing down. The lowering of interest rates this year is something else that could spur commercial demand for Palantir’s offerings, as an online commentator recently pointed out.</p><p>With this, there’s clearly an opportunity for Palantir to prove its skeptics wrong, and for its shares to not merely hold steady at current price levels (high-teens), but perhaps surge to $20, $25, or even $30 per share.</p><p>However, until the next earnings release (expected to happen in February), don’t expect major change in price action. Feel free to buy PLTR stock at current prices, but patience is key.</p></body></html>","source":"investorplace_stock_picks","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>Navigating Palantir’s Choppy Waters: What Investors Should Know Heading Into 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNavigating Palantir’s Choppy Waters: What Investors Should Know Heading Into 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-25 11:53 GMT+8 <a href=https://investorplace.com/market360/2023/12/navigating-palantirs-choppy-waters-what-investors-should-know-heading-into-2024/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For those bullish on the rising adoption of artificial intelligence technology, Palantir Technologies (PLTR) remains a strong choice for gaining exposure to this trend.However, lingering uncertainty ...</p>\n\n<a href=\"https://investorplace.com/market360/2023/12/navigating-palantirs-choppy-waters-what-investors-should-know-heading-into-2024/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","PLTR":"Palantir Technologies Inc.","BK4121":"生命科学工具和服务","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4550":"红杉资本持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","BK4141":"半导体产品","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4551":"寇图资本持仓","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4547":"WSB热门概念","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4549":"软银资本持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4548":"巴美列捷福持仓","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4529":"IDC概念","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0079474960.USD":"联博美国增长基金A","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4532":"文艺复兴科技持仓","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","BK4585":"ETF&股票定投概念","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4567":"ESG概念","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://investorplace.com/market360/2023/12/navigating-palantirs-choppy-waters-what-investors-should-know-heading-into-2024/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2393549579","content_text":"For those bullish on the rising adoption of artificial intelligence technology, Palantir Technologies (PLTR) remains a strong choice for gaining exposure to this trend.However, lingering uncertainty over Palantir’s future growth means that shares are likely to keep trading sideways in the near-term.While this doesn’t mean you need to bail on PLTR stock, keep in mind patience is key, as the next big rally may take time to take shape.Among AI stocks, both high-profile and more under-the-radar, Palantir Technologies (NYSE: PLTR) continues to be one of the top choices. Those bearish on PLTR stock chalk up its strong 2023 performance to “AI hype.”Yet while it’s easy to see why they jump to this conclusion, a substantive bull case can still be made. The use of artificial intelligence applications by commercial enterprises and government agencies keeps rising.With this, Palantir (a developer of AI and machine learning software platforms) could handily exceed current growth and earnings forecasts.But while Palantir has a lot to gain from the AI mega-trend, it’s still up for debate as to exactly when (and to what extent) the company’s AI catalyst will drive a re-acceleration in sales/big increase in profitability.Therefore, expect the price action to continue being choppy in the near future. So, what’s the best move? Let’s find out.PLTR Stock Growth Prospects and ValuationSince January, Palantir shares have soared by around 170%. This puts it in the same league as other top “AI winners” in 2023. For instance, AI chip designer Nvidia (NASDAQ: NVDA), which has surged by an even greater amount since the start of the year.However, unlike the situation with NVDA, where the company’s AI-related growth more-than-justifies its rally, with PLTR stock it’s admittedly easier for the skeptics to argue that its shares have moved up too far, too fast based on the buzz surrounding AI.PLTR is up by triple-digits. However, based on sell-side forecasts, Palantir’s revenue is only expected to rise 16.7% (from $1.9 billion to $2.22 billion) for the full year 2023. Although revenue may rise by an even greater degree in 2024 (19.8%), forecasts for next year call for earnings growth of just 16%.With this, I can understand those who are currently questioning PLTR’s rich valuation. On the surface, it makes little sense for this stock to trade for 70 times earnings. While at first glance Palantir may seem overpriced and over hyped, there may be a way for shares to sustain (and add to) this valuation.What May Drive the Next Big RallyCheck out recent headlines about PLTR stock, and you’ll see quite a few regarding a negative development. I’m talking about news regarding possible issues between Palantir and its U.S. military clients over data ownership. That’s something that may affect the future performance of its governmental book of business.However this may be yet another case of Wall Street analysts and commentators making a mountain out of a molehill. The company has denied that there is a data ownership conflict/that the company does not retain ownership rights to customer data.Instead of being at risk of losing governmental business, it appears that Palantir is winning more business than expected.As InvestorPlace’s Larry Ramer wrote last week, the company has bagged an unanticipated extension of its Vantage contract with the U.S. Army. That said, while the governmental business appears likely to keep humming along, that’s not where the PLTR needle-mover lies.Rather, what could drive the next big surge for the stock will likely have to do with the growth of Palantir’s commercial business in the coming year. These results could handily beat the aforementioned expectations, which suggest only a moderate level of growth.The TakeawayIn its latest quarterly earnings release, Palantir reported “beat and raise” results, and provided commentary that signals a strong likelihood of the company building on this success in subsequent quarters.Demand for AI software from commercial clients isn’t slowing down. The lowering of interest rates this year is something else that could spur commercial demand for Palantir’s offerings, as an online commentator recently pointed out.With this, there’s clearly an opportunity for Palantir to prove its skeptics wrong, and for its shares to not merely hold steady at current price levels (high-teens), but perhaps surge to $20, $25, or even $30 per share.However, until the next earnings release (expected to happen in February), don’t expect major change in price action. Feel free to buy PLTR stock at current prices, but patience is key.","news_type":1},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":833716311,"gmtCreate":1629262512033,"gmtModify":1676529983624,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BS6.SI\">$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$</a>strong buying","listText":"<a href=\"https://laohu8.com/S/BS6.SI\">$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$</a>strong buying","text":"$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$strong buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":63,"commentSize":26,"repostSize":1,"link":"https://ttm.financial/post/833716311","isVote":1,"tweetType":1,"viewCount":1242,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4087698744325360","authorId":"4087698744325360","name":"glorify","avatar":"https://static.tigerbbs.com/bb1a0d88b0029e6cb51d7065d6b143e5","crmLevel":2,"crmLevelSwitch":0,"idStr":"4087698744325360","authorIdStr":"4087698744325360"},"content":"YZJ is a good stock. it has potential. strong buy! ???","text":"YZJ is a good stock. it has potential. strong buy! ???","html":"YZJ is a good stock. it has potential. strong buy! ???"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131048448,"gmtCreate":1621818567884,"gmtModify":1704362694504,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$</a>as expected! Up trend to $15","listText":"<a href=\"https://laohu8.com/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$</a>as expected! Up trend to $15","text":"$OVERSEA-CHINESE BANKING CORP(O39.SI)$as expected! Up trend to $15","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":17,"commentSize":20,"repostSize":0,"link":"https://ttm.financial/post/131048448","isVote":1,"tweetType":1,"viewCount":1787,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"content":"Happy to see it going up!","text":"Happy to see it going up!","html":"Happy to see it going up!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139862615,"gmtCreate":1621607145937,"gmtModify":1704360499478,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>buy tiger! Sell tesla!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>buy tiger! Sell tesla!","text":"$Tiger Brokers(TIGR)$buy tiger! Sell tesla!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":9,"commentSize":23,"repostSize":0,"link":"https://ttm.financial/post/139862615","isVote":1,"tweetType":1,"viewCount":1918,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582175710040105","authorId":"3582175710040105","name":"Axekay","avatar":"https://static.itradeup.com/news/bb1a0492a52d3f14fed576a4c8d1b1da","crmLevel":6,"crmLevelSwitch":1,"idStr":"3582175710040105","authorIdStr":"3582175710040105"},"content":"Agreement with@ Fishing for long-line fishI don't get why is there a need to be so rude when you are just suggesting not to issue order LOL. Respect others' opinion bro.","text":"Agreement with@ Fishing for long-line fishI don't get why is there a need to be so rude when you are just suggesting not to issue order LOL. Respect others' opinion bro.","html":"Agreement with@ Fishing for long-line fishI don't get why is there a need to be so rude when you are just suggesting not to issue order LOL. Respect others' opinion bro."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214177884717192,"gmtCreate":1693307970156,"gmtModify":1693307971908,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SENS\">$Senseonics(SENS)$ </a> Great buying [Miser] [Miser] [Miser] [Miser] [Miser] ","listText":"<a href=\"https://ttm.financial/S/SENS\">$Senseonics(SENS)$ </a> Great buying [Miser] [Miser] [Miser] [Miser] [Miser] ","text":"$Senseonics(SENS)$ Great buying [Miser] [Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/214177884717192","isVote":1,"tweetType":1,"viewCount":858,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"content":"more buying [Miser] [Miser] [Miser] [Miser] [Miser]","text":"more buying [Miser] [Miser] [Miser] [Miser] [Miser]","html":"more buying [Miser] [Miser] [Miser] [Miser] [Miser]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119545674,"gmtCreate":1622556620998,"gmtModify":1704186283373,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>sell n profit!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>sell n profit!","text":"$Tiger Brokers(TIGR)$sell n profit!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":3,"commentSize":20,"repostSize":0,"link":"https://ttm.financial/post/119545674","isVote":1,"tweetType":1,"viewCount":1347,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"content":"if you short sell, you are going to regret it. take care","text":"if you short sell, you are going to regret it. take care","html":"if you short sell, you are going to regret it. take care"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895498492,"gmtCreate":1628762951316,"gmtModify":1676529846041,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>up today to 18.3","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>up today to 18.3","text":"$Tiger Brokers(TIGR)$up today to 18.3","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/895498492","isVote":1,"tweetType":1,"viewCount":2185,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571149964024608","authorId":"3571149964024608","name":"Kingvect","avatar":"https://static.tigerbbs.com/da838815e20279e45c29d95e07bdb79a","crmLevel":4,"crmLevelSwitch":1,"idStr":"3571149964024608","authorIdStr":"3571149964024608"},"content":"so? now so many competitors, it won't go back to 30 plus that soon...unless they do something about it.","text":"so? now so many competitors, it won't go back to 30 plus that soon...unless they do something about it.","html":"so? now so many competitors, it won't go back to 30 plus that soon...unless they do something about it."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806297102,"gmtCreate":1627656537606,"gmtModify":1703494299761,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>buying time","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>buying time","text":"$Tiger Brokers(TIGR)$buying time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":25,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/806297102","isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180782226,"gmtCreate":1623227367165,"gmtModify":1704198763910,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>issue price lower than current price! Sell n profit first! Hahaha!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>issue price lower than current price! Sell n profit first! Hahaha!","text":"$Tiger Brokers(TIGR)$issue price lower than current price! Sell n profit first! Hahaha!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":20,"repostSize":0,"link":"https://ttm.financial/post/180782226","isVote":1,"tweetType":1,"viewCount":1521,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"content":"even in Singapore, placement price is issued at not more than 10 percent last traded price or volume weighted average price. go read the listing rules if you do not understand","text":"even in Singapore, placement price is issued at not more than 10 percent last traded price or volume weighted average price. go read the listing rules if you do not understand","html":"even in Singapore, placement price is issued at not more than 10 percent last traded price or volume weighted average price. go read the listing rules if you do not understand"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943358806,"gmtCreate":1679180326905,"gmtModify":1679180331274,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"T","listText":"T","text":"T","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":39,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943358806","repostId":"2320584107","repostType":4,"repost":{"id":"2320584107","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679186631,"share":"https://ttm.financial/m/news/2320584107?lang=&edition=fundamental","pubTime":"2023-03-19 08:43","market":"us","language":"en","title":"What It May Take to Calm Banking Sector Jitters: Time, and a Fed Rate Hike","url":"https://stock-news.laohu8.com/highlight/detail?id=2320584107","media":"Dow Jones","summary":"‘What does the Fed do next week if they don’t hike rates?’ asks Mullaney at Boston PartnersInvestors","content":"<html><head></head><body><p>‘What does the Fed do next week if they don’t hike rates?’ asks Mullaney at Boston Partners</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bac59bb2b41ad9f787574330ce399463\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Investors remain on edge about potential additional cracks in the U.S. banking system, a day after the biggest American banks injected $30 billion into First Republic. Here’s what investors want to know.</span></p><p>First Republic Bank’s $30 billion injection from America’s biggest banks to help shore up confidence in the California-based lender and the overall U.S. banking system isn’t yet a mission accomplished.</p><p>U.S. stocks continued to slide on Friday, with shares of financials under sharp pressure overall, but with shares of First Republic down 33.8%, or 81% on the year so far, according to FactSet.</p><p>“I think one of the reasons why First Republic is down today has nothing to do with the fact that people are still concerned about if it is going to go under,” said Mark Stoeckle, CEO and senior portfolio manager at Adams Funds.</p><p>“Investors are trying to wrap their heads around what it means for its business model and for earnings,” Stoeckle said, particularly with lenders and other financial institutions forced to recalibrate in the wake of the Federal Reserve’s aggressive pace of interest rate hikes.</p><p>“We are only a week into this,” Stoeckle said. “What it’s going to take is time.”</p><p>Higher rates have resulted in some $620 billion of unrealized losses at U.S. banks, as “safe,” low-coupon Treasury and agency mortgage securities from 2020 and 2021 have eroded in value as yields have risen.</p><p>Another factor has been depositors migrating cash into today’s higher yielding Treasurys for income, including the 2-year about a week ago hit 5%, before it pulled back to 3.8%.</p><h2>Fear of unknown risks</h2><p>Wild swings in bank stocks this week and in Treasury yields,as well as jitters about whether the Federal Reserve will keep raising its policy interest rate had investors navigating one of the worst weeks of volatility since the 2008 global financial crisis.</p><p>“Many market participants have only experienced a systemic credit crunch once in their professional careers, and the ghost of the financial crisis and the Covid-19 market meltdown are their only historical comparisons,” said Steven Ricchiuto, U.S. chief economist at Mizuho Securities, in a Friday note.</p><p>Ricchiuto cautioned against being “too hasty to draw parallels,” but also said it doesn’t mean there are “no real consequences” in financial markets following the failures of Silicon Valley Bank and Signature Bank, and emergency funding this week obtained by Credit Suisse and First Republic.</p><p>He expects liquidity in the system to be reduced, consolidation in the banking system and for banks to clean up “their balance sheets of bad assets while raising additional capital.”</p><p>Mike Mullaney, director of global market research at Boston Partners, said investors also will be keeping a close eye on how much banks end up relying on Fed facilities for liquidity.</p><p>Borrowing at the Fed’s discount window rose to $153 billion in the past week through Wednesday, an record high, “but below 2009 levels as a share of aggregate U.S. bank deposits,” according to BofA Global.</p><p>Another $11.9 billion was borrowed through a new Bank Term Funding Program rolled out about a week ago by the central bank.</p><p>“There’s no question there’s been an increase in borrowing at the discount window, but most of that is the Federal Deposit Insurance Corp.,” Mullaney said, adding that’s likely related to their takeover of recently failed banks.</p><p>“The wild card is the unknown,” Mullaney said. “We just don’t know if there are other SVBs lurking out there.”</p><p>Another source of anxiety is what the Fed will do with interest rates at its meeting next week on March 21-22.</p><p>It has been a volatile for traders in fed funds futures, but as of Friday, they were pricing in about a 70% chance of a 25 basis point hike to the Fed’s policy rate to a 4.75%-5% range.</p><p>“I will say this, the important question is: What does the Fed do next week if they don’t hike rates,” Mullaney said. “What’s the message they send if they don’t? To me, it means basically panic mode, and investors are going to be running out of what they deem a burning building.”</p><p>The Dow Jones Industrial Average shed 384 points Friday, the S&P 500 index fell 1.1% and the Nasdaq Composite Index dropped 0.7%, according to FactSet.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What It May Take to Calm Banking Sector Jitters: Time, and a Fed Rate Hike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat It May Take to Calm Banking Sector Jitters: Time, and a Fed Rate Hike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-19 08:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>‘What does the Fed do next week if they don’t hike rates?’ asks Mullaney at Boston Partners</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bac59bb2b41ad9f787574330ce399463\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Investors remain on edge about potential additional cracks in the U.S. banking system, a day after the biggest American banks injected $30 billion into First Republic. Here’s what investors want to know.</span></p><p>First Republic Bank’s $30 billion injection from America’s biggest banks to help shore up confidence in the California-based lender and the overall U.S. banking system isn’t yet a mission accomplished.</p><p>U.S. stocks continued to slide on Friday, with shares of financials under sharp pressure overall, but with shares of First Republic down 33.8%, or 81% on the year so far, according to FactSet.</p><p>“I think one of the reasons why First Republic is down today has nothing to do with the fact that people are still concerned about if it is going to go under,” said Mark Stoeckle, CEO and senior portfolio manager at Adams Funds.</p><p>“Investors are trying to wrap their heads around what it means for its business model and for earnings,” Stoeckle said, particularly with lenders and other financial institutions forced to recalibrate in the wake of the Federal Reserve’s aggressive pace of interest rate hikes.</p><p>“We are only a week into this,” Stoeckle said. “What it’s going to take is time.”</p><p>Higher rates have resulted in some $620 billion of unrealized losses at U.S. banks, as “safe,” low-coupon Treasury and agency mortgage securities from 2020 and 2021 have eroded in value as yields have risen.</p><p>Another factor has been depositors migrating cash into today’s higher yielding Treasurys for income, including the 2-year about a week ago hit 5%, before it pulled back to 3.8%.</p><h2>Fear of unknown risks</h2><p>Wild swings in bank stocks this week and in Treasury yields,as well as jitters about whether the Federal Reserve will keep raising its policy interest rate had investors navigating one of the worst weeks of volatility since the 2008 global financial crisis.</p><p>“Many market participants have only experienced a systemic credit crunch once in their professional careers, and the ghost of the financial crisis and the Covid-19 market meltdown are their only historical comparisons,” said Steven Ricchiuto, U.S. chief economist at Mizuho Securities, in a Friday note.</p><p>Ricchiuto cautioned against being “too hasty to draw parallels,” but also said it doesn’t mean there are “no real consequences” in financial markets following the failures of Silicon Valley Bank and Signature Bank, and emergency funding this week obtained by Credit Suisse and First Republic.</p><p>He expects liquidity in the system to be reduced, consolidation in the banking system and for banks to clean up “their balance sheets of bad assets while raising additional capital.”</p><p>Mike Mullaney, director of global market research at Boston Partners, said investors also will be keeping a close eye on how much banks end up relying on Fed facilities for liquidity.</p><p>Borrowing at the Fed’s discount window rose to $153 billion in the past week through Wednesday, an record high, “but below 2009 levels as a share of aggregate U.S. bank deposits,” according to BofA Global.</p><p>Another $11.9 billion was borrowed through a new Bank Term Funding Program rolled out about a week ago by the central bank.</p><p>“There’s no question there’s been an increase in borrowing at the discount window, but most of that is the Federal Deposit Insurance Corp.,” Mullaney said, adding that’s likely related to their takeover of recently failed banks.</p><p>“The wild card is the unknown,” Mullaney said. “We just don’t know if there are other SVBs lurking out there.”</p><p>Another source of anxiety is what the Fed will do with interest rates at its meeting next week on March 21-22.</p><p>It has been a volatile for traders in fed funds futures, but as of Friday, they were pricing in about a 70% chance of a 25 basis point hike to the Fed’s policy rate to a 4.75%-5% range.</p><p>“I will say this, the important question is: What does the Fed do next week if they don’t hike rates,” Mullaney said. “What’s the message they send if they don’t? To me, it means basically panic mode, and investors are going to be running out of what they deem a burning building.”</p><p>The Dow Jones Industrial Average shed 384 points Friday, the S&P 500 index fell 1.1% and the Nasdaq Composite Index dropped 0.7%, according to FactSet.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4552":"Archegos爆仓风波概念","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU1861217088.USD":"贝莱德金融科技A2","BK4211":"区域性银行",".IXIC":"NASDAQ Composite","BK4118":"综合性资本市场","BK4548":"巴美列捷福持仓","BK4589":"SVB概念","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H",".SPX":"S&P 500 Index","BK4585":"ETF&股票定投概念","SBNY":"签字银行","BK4588":"碎股",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320584107","content_text":"‘What does the Fed do next week if they don’t hike rates?’ asks Mullaney at Boston PartnersInvestors remain on edge about potential additional cracks in the U.S. banking system, a day after the biggest American banks injected $30 billion into First Republic. Here’s what investors want to know.First Republic Bank’s $30 billion injection from America’s biggest banks to help shore up confidence in the California-based lender and the overall U.S. banking system isn’t yet a mission accomplished.U.S. stocks continued to slide on Friday, with shares of financials under sharp pressure overall, but with shares of First Republic down 33.8%, or 81% on the year so far, according to FactSet.“I think one of the reasons why First Republic is down today has nothing to do with the fact that people are still concerned about if it is going to go under,” said Mark Stoeckle, CEO and senior portfolio manager at Adams Funds.“Investors are trying to wrap their heads around what it means for its business model and for earnings,” Stoeckle said, particularly with lenders and other financial institutions forced to recalibrate in the wake of the Federal Reserve’s aggressive pace of interest rate hikes.“We are only a week into this,” Stoeckle said. “What it’s going to take is time.”Higher rates have resulted in some $620 billion of unrealized losses at U.S. banks, as “safe,” low-coupon Treasury and agency mortgage securities from 2020 and 2021 have eroded in value as yields have risen.Another factor has been depositors migrating cash into today’s higher yielding Treasurys for income, including the 2-year about a week ago hit 5%, before it pulled back to 3.8%.Fear of unknown risksWild swings in bank stocks this week and in Treasury yields,as well as jitters about whether the Federal Reserve will keep raising its policy interest rate had investors navigating one of the worst weeks of volatility since the 2008 global financial crisis.“Many market participants have only experienced a systemic credit crunch once in their professional careers, and the ghost of the financial crisis and the Covid-19 market meltdown are their only historical comparisons,” said Steven Ricchiuto, U.S. chief economist at Mizuho Securities, in a Friday note.Ricchiuto cautioned against being “too hasty to draw parallels,” but also said it doesn’t mean there are “no real consequences” in financial markets following the failures of Silicon Valley Bank and Signature Bank, and emergency funding this week obtained by Credit Suisse and First Republic.He expects liquidity in the system to be reduced, consolidation in the banking system and for banks to clean up “their balance sheets of bad assets while raising additional capital.”Mike Mullaney, director of global market research at Boston Partners, said investors also will be keeping a close eye on how much banks end up relying on Fed facilities for liquidity.Borrowing at the Fed’s discount window rose to $153 billion in the past week through Wednesday, an record high, “but below 2009 levels as a share of aggregate U.S. bank deposits,” according to BofA Global.Another $11.9 billion was borrowed through a new Bank Term Funding Program rolled out about a week ago by the central bank.“There’s no question there’s been an increase in borrowing at the discount window, but most of that is the Federal Deposit Insurance Corp.,” Mullaney said, adding that’s likely related to their takeover of recently failed banks.“The wild card is the unknown,” Mullaney said. “We just don’t know if there are other SVBs lurking out there.”Another source of anxiety is what the Fed will do with interest rates at its meeting next week on March 21-22.It has been a volatile for traders in fed funds futures, but as of Friday, they were pricing in about a 70% chance of a 25 basis point hike to the Fed’s policy rate to a 4.75%-5% range.“I will say this, the important question is: What does the Fed do next week if they don’t hike rates,” Mullaney said. “What’s the message they send if they don’t? To me, it means basically panic mode, and investors are going to be running out of what they deem a burning building.”The Dow Jones Industrial Average shed 384 points Friday, the S&P 500 index fell 1.1% and the Nasdaq Composite Index dropped 0.7%, according to FactSet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904776414,"gmtCreate":1660101056540,"gmtModify":1703477942943,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"Sell","listText":"Sell","text":"Sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":23,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904776414","repostId":"2258257550","repostType":4,"repost":{"id":"2258257550","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":1660095786,"share":"https://ttm.financial/m/news/2258257550?lang=&edition=fundamental","pubTime":"2022-08-10 09:43","market":"us","language":"en","title":"Elon Musk Sells 7.92 Million Tesla Shares Worth $6.9 Billion - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2258257550","media":"Reuters","summary":"Aug 9 - Tesla IncChief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.Musk said in April \"no further TSLA sales planned,\" after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.Tesla did not immediately respond to a Reuters request for comment.Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the ","content":"<html><head></head><body><p>Aug 9 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.</p><p>Musk said in April "no further TSLA sales planned," after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.</p><p>Tesla did not immediately respond to a Reuters request for comment.</p><p>Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the latest stock sale, he now owns 155.04 million shares in Tesla.</p><p>Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration's climate bill that aims to lift the cap on tax credits for electric vehicles.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Sells 7.92 Million Tesla Shares Worth $6.9 Billion - SEC Filing</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\">\nElon Musk Sells 7.92 Million Tesla Shares Worth $6.9 Billion - SEC Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-10 09:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 9 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.</p><p>Musk said in April "no further TSLA sales planned," after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.</p><p>Tesla did not immediately respond to a Reuters request for comment.</p><p>Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the latest stock sale, he now owns 155.04 million shares in Tesla.</p><p>Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration's climate bill that aims to lift the cap on tax credits for electric vehicles.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258257550","content_text":"Aug 9 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.Musk said in April \"no further TSLA sales planned,\" after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.Tesla did not immediately respond to a Reuters request for comment.Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the latest stock sale, he now owns 155.04 million shares in Tesla.Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration's climate bill that aims to lift the cap on tax credits for electric vehicles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097012150,"gmtCreate":1645260341158,"gmtModify":1676534014325,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>dipping again with so many selling down","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>dipping again with so many selling down","text":"$Palantir Technologies Inc.(PLTR)$dipping again with so many selling down","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097012150","isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580625969745490","authorId":"3580625969745490","name":"boonchong","avatar":"https://static.tigerbbs.com/49aa77ad0af13cd80f20edbad1234522","crmLevel":2,"crmLevelSwitch":1,"idStr":"3580625969745490","authorIdStr":"3580625969745490"},"content":"I foresee after the long holidays... Tuesday market it will hit $9+++","text":"I foresee after the long holidays... Tuesday market it will hit $9+++","html":"I foresee after the long holidays... Tuesday market it will hit $9+++"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888343078,"gmtCreate":1631444861594,"gmtModify":1676530549358,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>if u didnt sell n profit, it back to low again. Hahaha","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>if u didnt sell n profit, it back to low again. Hahaha","text":"$Tiger Brokers(TIGR)$if u didnt sell n profit, it back to low again. Hahaha","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":4,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/888343078","isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4091891386414570","authorId":"4091891386414570","name":"Michane","avatar":"https://static.tigerbbs.com/e34d5ed60a80aa56ff9a8771c943602c","crmLevel":4,"crmLevelSwitch":1,"idStr":"4091891386414570","authorIdStr":"4091891386414570"},"content":"It should rise depending on the re-opening of the market [bullish]","text":"It should rise depending on the re-opening of the market [bullish]","html":"It should rise depending on the re-opening of the market [bullish]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378830810,"gmtCreate":1619014384230,"gmtModify":1704718343266,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>buy buy buy$$$$$ uptrend to $21","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>buy buy buy$$$$$ uptrend to $21","text":"$Tiger Brokers(TIGR)$buy buy buy$$$$$ uptrend to $21","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":6,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/378830810","isVote":1,"tweetType":1,"viewCount":1182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373631566,"gmtCreate":1618841938555,"gmtModify":1704715740862,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>trending down to $16, sell n profit$$$$$ before no profit$$$$ ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>trending down to $16, sell n profit$$$$$ before no profit$$$$ ","text":"$Tiger Brokers(TIGR)$trending down to $16, sell n profit$$$$$ before no profit$$$$","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":18,"repostSize":0,"link":"https://ttm.financial/post/373631566","isVote":1,"tweetType":1,"viewCount":1050,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568243672870243","authorId":"3568243672870243","name":"ElvaDeng","avatar":"https://static.tigerbbs.com/cb7b05c4c8cab4e616cd24d85ef2c49b","crmLevel":4,"crmLevelSwitch":0,"idStr":"3568243672870243","authorIdStr":"3568243672870243"},"content":"Isn't it 20?","text":"Isn't it 20?","html":"Isn't it 20?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190047592755472,"gmtCreate":1687423862792,"gmtModify":1687423866070,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Start of bull trend up","listText":"<a href=\"https://ttm.financial/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Start of bull trend up","text":"$SINGAPORE EXCHANGE LIMITED(S68.SI)$ BullishBullishBullishBullishBullishBullishBullish Start of bull trend up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/190047592755472","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575426937784230","authorId":"3575426937784230","name":"MaxGain","avatar":"https://static.tigerbbs.com/1e7ec5528a5a65cfeab0826428adcb08","crmLevel":1,"crmLevelSwitch":0,"idStr":"3575426937784230","authorIdStr":"3575426937784230"},"content":"The SGX bull just got it balls ripped out by the BEAR. 😂 Further drops and pain coming. Below 8 is coming.","text":"The SGX bull just got it balls ripped out by the BEAR. 😂 Further drops and pain coming. Below 8 is coming.","html":"The SGX bull just got it balls ripped out by the BEAR. 😂 Further drops and pain coming. Below 8 is coming."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195005416198376,"gmtCreate":1688616454516,"gmtModify":1688616457231,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$Seatrium(S51.SI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Buying ","listText":"<a href=\"https://ttm.financial/S/S51.SI\">$Seatrium(S51.SI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Buying ","text":"$Seatrium(S51.SI)$ BullishBullishBullishBullishBullishBullishBullish Buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195005416198376","isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132148485,"gmtCreate":1622077567047,"gmtModify":1704178963195,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a>sell, downtrend!","listText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a>sell, downtrend!","text":"$SHENG SIONG GROUP LTD(OV8.SI)$sell, downtrend!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/132148485","isVote":1,"tweetType":1,"viewCount":2403,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567110964642792","authorId":"3567110964642792","name":"Sinjinling","avatar":"https://static.tigerbbs.com/936eb96b6a7f33b202c242a44dbbb6b0","crmLevel":1,"crmLevelSwitch":0,"idStr":"3567110964642792","authorIdStr":"3567110964642792"},"content":"$1.5 buy again","text":"$1.5 buy again","html":"$1.5 buy again"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112931974,"gmtCreate":1622841889698,"gmtModify":1704192153584,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"Sure or not","listText":"Sure or not","text":"Sure or not","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":6,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/112931974","repostId":"2140540596","repostType":4,"repost":{"id":"2140540596","pubTimestamp":1622820692,"share":"https://ttm.financial/m/news/2140540596?lang=&edition=fundamental","pubTime":"2021-06-04 23:31","market":"us","language":"en","title":"3 Technology Stocks You Can Buy and Hold for the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2140540596","media":"Motley Fool","summary":"It can be tough to get married to stocks -- especially tech -- but here are three to leave alone for the long haul.","content":"<p>Let's be honest. A lot of people say their positions in flashy technology companies are meant to be long-term holdings, but they're really just an effort to make a quick buck. And that's OK. Any profitable trade is technically a good trade. If you can get in and out at the right time, so be it.</p>\n<p>Thing is, there are plenty of tech names that are more than just flash-in-the-pan prospects, and are better suited for holding periods measured in years rather than weeks.</p>\n<p>Here's a closer look at three such technology companies. Not only will they be just as impressive 10 years from now as they are today, but their stocks should be trading at much higher prices.</p>\n<h2>Microsoft</h2>\n<p>It's tough to imagine a world without <b>Microsoft</b> (NASDAQ:MSFT). Its Windows operating system is installed on three-fourths of the world's desktops and laptops, according to GlobalStats, and its Office productivity software remains the gold standard for the category. <b>Sony</b>'s PlayStation gaming console enjoys more worldwide market share than Microsoft's Xbox, but the Xbox is closing the gap, and is still the most popular game console in the U.S.</p>\n<p>And these are things consumers can readily see. There's a whole different unseen array of Microsoft-made products that are doing similarly well. For instance, Canalys reports Microsoft's cloud computing business accounted for a second-best 19% of the world's first-quarter cloud infrastructure spending, and the company continues to close the gap with market-leader <b>Amazon</b>.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/362a8a5cb8d412d4e3895fa185d236b7\" tg-width=\"700\" tg-height=\"484\"><span>Image source: Getty Images.</span></p>\n<p>Now take a step back and ask a thoughtful, critical question: Is there any chance the world will have less need for computers, cloud computing, productivity software, or game consoles 10 years from now?</p>\n<p>Any reasonable and realistic answer has to be \"no.\" Indeed, it would be surprising if demand for these products and services wasn't considerably greater a decade from now. Being a market leader in multiple categories, Microsoft can steer the market's ongoing growth in a way that serves itself best. For example, the Windows operating system comes with trial versions of Office software pre-installed.</p>\n<p>Bolstering the bullish argument for long-term ownership of Microsoft is the company's evolving business model. Access to Azure, Office, and even video games can now be utilized on a monthly subscription basis, accessible via the cloud. This shift not only makes the company's products more affordable to begin using but also gives Microsoft a better chance of keeping those customers by making it easy to update and upgrade software.</p>\n<p>Last year, the last time Microsoft disclosed such data, it had already lined up more than $100 billion worth of subscription cloud revenue that had yet to be booked -- a figure that continues to edge upward.</p>\n<h2><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2>\n<p>Even after several high-profile cybersecurity gaffes embarrassed organizations ranging from <b>Target </b>to <b>Equifax</b> to Yahoo!, some of the world's most important companies are still being hacked. Most recently, Colonial Pipeline agreed to fork over $4.4 million to a computer hacking group known as Darkside to regain control of its 5,500 miles worth of refined oil pipelines.</p>\n<p>These things are preventable. They're just not being prevented, as too many organizations don't utilize all the digital defenses available to them. Perhaps the Colonial Pipeline debacle will encourage procurement of this protection.</p>\n<p>Enter <b>Palo Alto Networks</b> (NYSE:PANW). Simply put, Palo Alto offers software preventing unauthorized access to a company's network, internal apps, and data. It's even got a ransomware protection solution in its lineup that might have been able to save Colonial Pipeline a few million bucks.</p>\n<p>The opportunity is incredible, and should remain so for a while. P&S Intelligence believes the cybersecurity market will grow at an average annual pace of 12.6%, from 2019's $120 billion to $434 billion by 2030. That's a lot, but it's only a fraction of the $10.5 trillion that Cybersecurity Ventures believes cybercrime will cost the world in 2025 alone if enterprises don't step up their digital defense games.</p>\n<p>Palo Alto is doing fine, logging more than seven consecutive years of rising revenue as more and more outfits build their digital moats. Given the outlook, more of the same kind of growth is in the cards for a while.</p>\n<h2>International Business Machines</h2>\n<p>Finally, add <b>International Business Machines</b> (NYSE:IBM) to your list of technology stocks to buy and hold for the next decade.</p>\n<p>Yes, this is the same IBM that failed to respond to the advent of things like cloud computing, mobile devices, and all that goes with both. The company's \"strategic imperatives\" plan unveiled in 2015 was meant to steer the company away from a legacy mainframe business that was already dying and toward more contemporary opportunities like the aforementioned cloud and mobile security. By and large, though, it was too little too late.</p>\n<p>The IBM of today, however, isn't the IBM from even as recently as two years ago. It's ready to compete where it counts.</p>\n<p>Take last month's revelation of new technologies capable of fabricating a 2-nanometer microchip as an example. The microscopic measure is in reference to how small a chip's transistors can be made and still function properly. The smaller, the better, as smaller transistors consume less power, operate faster, and require less space when room is a factor. For perspective, 7-nanometer chips are the best the market has to offer right now.</p>\n<p>It's not just more functional chips IBM is starting to develop, either. Just within the past few weeks, the company has unveiled a way for data centers to more efficiently store and retrieve data, and launched AutoSQL, which is capable of retrieving data eight times faster than previous approaches are. Both technologies have a myriad of potential uses, including in the artificial intelligence arena.</p>\n<p>Read between the lines. This isn't yesteryear's IBM.</p>\n<p>It could still take years for the company to fully monetize these and other breakthroughs, but they're worth the wait.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Technology Stocks You Can Buy and Hold for the Next Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Technology Stocks You Can Buy and Hold for the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 23:31 GMT+8 <a href=https://www.fool.com/investing/2021/06/04/3-technology-stocks-you-can-buy-and-hold-for-the-n/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Let's be honest. A lot of people say their positions in flashy technology companies are meant to be long-term holdings, but they're really just an effort to make a quick buck. And that's OK. Any ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/04/3-technology-stocks-you-can-buy-and-hold-for-the-n/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","PANW":"Palo Alto Networks","IBM":"IBM"},"source_url":"https://www.fool.com/investing/2021/06/04/3-technology-stocks-you-can-buy-and-hold-for-the-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140540596","content_text":"Let's be honest. A lot of people say their positions in flashy technology companies are meant to be long-term holdings, but they're really just an effort to make a quick buck. And that's OK. Any profitable trade is technically a good trade. If you can get in and out at the right time, so be it.\nThing is, there are plenty of tech names that are more than just flash-in-the-pan prospects, and are better suited for holding periods measured in years rather than weeks.\nHere's a closer look at three such technology companies. Not only will they be just as impressive 10 years from now as they are today, but their stocks should be trading at much higher prices.\nMicrosoft\nIt's tough to imagine a world without Microsoft (NASDAQ:MSFT). Its Windows operating system is installed on three-fourths of the world's desktops and laptops, according to GlobalStats, and its Office productivity software remains the gold standard for the category. Sony's PlayStation gaming console enjoys more worldwide market share than Microsoft's Xbox, but the Xbox is closing the gap, and is still the most popular game console in the U.S.\nAnd these are things consumers can readily see. There's a whole different unseen array of Microsoft-made products that are doing similarly well. For instance, Canalys reports Microsoft's cloud computing business accounted for a second-best 19% of the world's first-quarter cloud infrastructure spending, and the company continues to close the gap with market-leader Amazon.\nImage source: Getty Images.\nNow take a step back and ask a thoughtful, critical question: Is there any chance the world will have less need for computers, cloud computing, productivity software, or game consoles 10 years from now?\nAny reasonable and realistic answer has to be \"no.\" Indeed, it would be surprising if demand for these products and services wasn't considerably greater a decade from now. Being a market leader in multiple categories, Microsoft can steer the market's ongoing growth in a way that serves itself best. For example, the Windows operating system comes with trial versions of Office software pre-installed.\nBolstering the bullish argument for long-term ownership of Microsoft is the company's evolving business model. Access to Azure, Office, and even video games can now be utilized on a monthly subscription basis, accessible via the cloud. This shift not only makes the company's products more affordable to begin using but also gives Microsoft a better chance of keeping those customers by making it easy to update and upgrade software.\nLast year, the last time Microsoft disclosed such data, it had already lined up more than $100 billion worth of subscription cloud revenue that had yet to be booked -- a figure that continues to edge upward.\nPalo Alto Networks\nEven after several high-profile cybersecurity gaffes embarrassed organizations ranging from Target to Equifax to Yahoo!, some of the world's most important companies are still being hacked. Most recently, Colonial Pipeline agreed to fork over $4.4 million to a computer hacking group known as Darkside to regain control of its 5,500 miles worth of refined oil pipelines.\nThese things are preventable. They're just not being prevented, as too many organizations don't utilize all the digital defenses available to them. Perhaps the Colonial Pipeline debacle will encourage procurement of this protection.\nEnter Palo Alto Networks (NYSE:PANW). Simply put, Palo Alto offers software preventing unauthorized access to a company's network, internal apps, and data. It's even got a ransomware protection solution in its lineup that might have been able to save Colonial Pipeline a few million bucks.\nThe opportunity is incredible, and should remain so for a while. P&S Intelligence believes the cybersecurity market will grow at an average annual pace of 12.6%, from 2019's $120 billion to $434 billion by 2030. That's a lot, but it's only a fraction of the $10.5 trillion that Cybersecurity Ventures believes cybercrime will cost the world in 2025 alone if enterprises don't step up their digital defense games.\nPalo Alto is doing fine, logging more than seven consecutive years of rising revenue as more and more outfits build their digital moats. Given the outlook, more of the same kind of growth is in the cards for a while.\nInternational Business Machines\nFinally, add International Business Machines (NYSE:IBM) to your list of technology stocks to buy and hold for the next decade.\nYes, this is the same IBM that failed to respond to the advent of things like cloud computing, mobile devices, and all that goes with both. The company's \"strategic imperatives\" plan unveiled in 2015 was meant to steer the company away from a legacy mainframe business that was already dying and toward more contemporary opportunities like the aforementioned cloud and mobile security. By and large, though, it was too little too late.\nThe IBM of today, however, isn't the IBM from even as recently as two years ago. It's ready to compete where it counts.\nTake last month's revelation of new technologies capable of fabricating a 2-nanometer microchip as an example. The microscopic measure is in reference to how small a chip's transistors can be made and still function properly. The smaller, the better, as smaller transistors consume less power, operate faster, and require less space when room is a factor. For perspective, 7-nanometer chips are the best the market has to offer right now.\nIt's not just more functional chips IBM is starting to develop, either. Just within the past few weeks, the company has unveiled a way for data centers to more efficiently store and retrieve data, and launched AutoSQL, which is capable of retrieving data eight times faster than previous approaches are. Both technologies have a myriad of potential uses, including in the artificial intelligence arena.\nRead between the lines. This isn't yesteryear's IBM.\nIt could still take years for the company to fully monetize these and other breakthroughs, but they're worth the wait.","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"content":"Like & Comment Please. Thank You Very Much.","text":"Like & Comment Please. Thank You Very Much.","html":"Like & Comment Please. Thank You Very Much."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375029404,"gmtCreate":1619261549908,"gmtModify":1704721940528,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"Wonderful$ comment on comment for coins","listText":"Wonderful$ comment on comment for coins","text":"Wonderful$ comment on comment for coins","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/375029404","repostId":"1131579471","repostType":4,"repost":{"id":"1131579471","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":1619187935,"share":"https://ttm.financial/m/news/1131579471?lang=&edition=fundamental","pubTime":"2021-04-23 22:25","market":"us","language":"en","title":"ByteDance says it has no recent plans for public listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1131579471","media":"Tiger Newspress","summary":"ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an","content":"<p>ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.</p><p>\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.</p><p>Recently, there are a lot of news about the company will be listed.</p><p>ByteDance last month hired former Xiaomi executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.</p><p>Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.</p><p>ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.</p><p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a report in the South China Morning Post.</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>ByteDance says it has no recent plans for public listing</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\">\nByteDance says it has no recent plans for public listing\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\">2021-04-23 22:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.</p><p>\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.</p><p>Recently, there are a lot of news about the company will be listed.</p><p>ByteDance last month hired former Xiaomi executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.</p><p>Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.</p><p>ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.</p><p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a report in the South China Morning Post.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01024":"快手-W","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131579471","content_text":"ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.Recently, there are a lot of news about the company will be listed.ByteDance last month hired former Xiaomi executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a report in the South China Morning Post.","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3563147954627446","authorId":"3563147954627446","name":"MarketWizard","avatar":"https://static.tigerbbs.com/6487f550381f522c6034c511f461abdd","crmLevel":5,"crmLevelSwitch":0,"idStr":"3563147954627446","authorIdStr":"3563147954627446"},"content":"please reply me too.","text":"please reply me too.","html":"please reply me too."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819529226,"gmtCreate":1630078581665,"gmtModify":1676530220019,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Shorties all out to short this down, this stock dd again","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Shorties all out to short this down, this stock dd again","text":"$Alibaba(BABA)$Shorties all out to short this down, this stock dd again","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":11,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/819529226","isVote":1,"tweetType":1,"viewCount":942,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577008494818778","authorId":"3577008494818778","name":"BlackTechAI","avatar":"https://static.tigerbbs.com/d64102b43967a7880f608e7ec776385d","crmLevel":2,"crmLevelSwitch":0,"idStr":"3577008494818778","authorIdStr":"3577008494818778"},"content":"if you want it to go up post positive comments so you don't dampen every and make self fulfilling prophecy, motivate instead to lent strength and positive jiayou!","text":"if you want it to go up post positive comments so you don't dampen every and make self fulfilling prophecy, motivate instead to lent strength and positive jiayou!","html":"if you want it to go up post positive comments so you don't dampen every and make self fulfilling prophecy, motivate instead to lent strength and positive jiayou!"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}