PeiLing_Val personal page - To The Moon

PeiLing_Val

PeiLing_Val

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01-14

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01-13

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01-12

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01-11

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01-10

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01-09

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01-08

[Miser] [Miser] [Miser] [Happy] [Happy]

01-07

$Apple(AAPL)$ [Miser]

01-07

[Miser] [Miser] [Miser] [Miser] [Happy] [Happy]

01-06

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01-05

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01-04

[Cool] [Cool] [Cool] [Cool] [Miser] [Miser] [Miser]

01-03

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01-02

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01-01

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2023-12-31

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2023-12-30

[Miser] [Miser] [Miser] [Miser]

2023-12-29

[Miser] [Miser] [Miser] [Miser] [Happy]

2023-12-28

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2023-12-27

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[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256578700398656","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9946417289,"gmtCreate":1681019286141,"gmtModify":1681019289557,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":28,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9946417289","repostId":"2325952321","repostType":2,"repost":{"id":"2325952321","pubTimestamp":1681011787,"share":"https://ttm.financial/m/news/2325952321?lang=&edition=fundamental","pubTime":"2023-04-09 11:43","market":"us","language":"en","title":"These 3 Stocks Could Race Higher at the Drop of a Hat","url":"https://stock-news.laohu8.com/highlight/detail?id=2325952321","media":"Motley Fool","summary":"Tech stocks are on fire in 2023 -- and these three are the cream of the crop.","content":"<html><head></head><body><p>The first quarter of 2023 is in the books, and it was a decent one for the major indexes. The <strong>Nasdaq</strong> <strong>Composite</strong>, <strong>S&amp;P 500</strong>, and <strong>Dow Jones Industrial Average</strong> gained 16.7%, 7%, and 0.4%, respectively.</p><p>With the tech-heavy Nasdaq leading the way higher, some investors are wondering: What technology names are worth owning right now? </p><p>These three Motley Fool contributors are eyeing <a href=\"https://laohu8.com/S/SE\">Sea Limited </a>, <a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies </a>, and <a href=\"https://laohu8.com/S/ADBE\">Adobe</a>. Here&#39;s why.</p><h2>A banking crisis overshadows SoFi&#39;s numerous positives</h2><p><strong>Justin Pope</strong> <strong>(SoFi Technologies):</strong> It&#39;s been tough living as a digital bank for <a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies</a>. The company&#39;s been plagued by a student loan freeze for several years, and the recent banking crisis has only shaken investor confidence in smaller lenders. Shares are trading near the low end of their 52-week range, down 77% from their high.</p><p>But the bank&#39;s on firmer ground than its share price might indicate. First, SoFi is well capitalized -- well above the minimum financial ratios regulators mandate, and its depositor base of 5.2 million members is more diversified than a bank like Silicon Valley Bank. Second, there&#39;s a student loan freeze in effect, which has hurt SoFi&#39;s loan refinancing business, which was huge before the pandemic.</p><p>However, it hasn&#39;t stopped SoFi from marching toward profitability. The company posted non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) of $143 million in 2022 and is guiding for $260 million to $280 million for 2023. Importantly, management expects net income under generally accepted accounting principles (GAAP) to turn positive by the end of the year.</p><p>Between a banking crisis and a student loan freeze, it&#39;s hard to imagine what else could go wrong for SoFi. That&#39;s why the stock could rebound when the smoke clears. The student loan freeze seems on course to end later this year, and it looks like the government will do what&#39;s needed to ensure confidence in the banking system.</p><p>Then, investors might better appreciate SoFi&#39;s rapidly growing user base, looming profitability, and strong balance sheet. CEO Anthony Noto reiterated his confidence, buying roughly $1.2 million in stock last month. You can&#39;t predict when, but SoFi&#39;s stock could spring higher at the first sign of positive news.</p><h2>The tech conglomerate that may soon seem &#39;unlimited&#39;</h2><p><strong>Will Healy</strong> <strong>(Sea Limited): </strong>Admittedly, <a href=\"https://laohu8.com/S/SE\">Sea Limited</a> stock may appear to have moved too far too fast. Since falling to a low of just under $41 per share last November, it has more than doubled.</p><p>Still, in other ways, Sea Limited appears far from done. The tech conglomerate, which includes the e-commerce business Shopee and fintech segment Sea Money, has drawn investor interest amid a push to cut costs and turn profitable.</p><p>Sea Money has continued to grow at a triple-digit clip, though it only makes up around 10% of the company&#39;s revenue. Earlier in the year, Shopee reversed most of its expansion plans outside its core Southeast Asian market. But the strategy seems to have worked as e-commerce revenue of $7.3 billion rose 42% in 2022 compared with the prior year.</p><p>Additionally, the factor that could make Sea Limited&#39;s stock fully turn around is the reversal of declining revenue in its gaming segment, Garena. Garena&#39;s <em>Free Fire </em>was the world&#39;s most downloaded mobile game from 2019 to 2021, but its popularity has waned amid a decline in the gaming industry. Consequently, Garena&#39;s revenue dropped 9% in 2022 to $3.9 billion.</p><p>However, Newzoo forecasts player numbers will grow from 3.2 billion in 2022 to 3.5 billion by 2025. Such growth should help reverse declines in the gaming industry. That could accelerate Sea Limited&#39;s revenue growth, which in 2022 surged 25% to $12.4 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7498cb1aa3bf16d1bb26dcaf39931135\" tg-width=\"720\" tg-height=\"433\"/></p><p>SE PS Ratio data by YCharts</p><p>Moreover, despite the recent surge in the stock price, investors should remember that Sea Limited sells at a discount of more than 70% from its all-time high in the fall of 2021. As a result, it trades at a P/S ratio of 4. That is just above all-time lows and well below the record sales multiple of just above 30 in 2021.</p><p>Such a valuation could induce investors to brave the waters. And given the entertainment stock&#39;s potential when all three segments are in a growth mode, the new bull market in Sea Limited stock may have only just begun.</p><h2>Adobe&#39;s stock is still a bargain</h2><p><strong>Jake Lerch (Adobe):</strong> Shares of software giant <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> have been on a wild ride over the last year and a half. The stock is still more than 44% off its all-time high of $688.37, even after rallying 35% over the last six months.</p><p>Yet, to my eye, Adobe has room to run higher from here -- <em>much higher</em>. Why? Two reasons.</p><p>First, Wall Street has been wrong. Many analysts have expected a pullback in demand for Adobe&#39;s products that just hasn&#39;t materialized. The company has beaten earnings expectations in four straight quarters. Adobe&#39;s rockstar lineup of products, including Creative Cloud, Document Cloud, and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud, continue to draw in new customers and help retain existing ones.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a973d5cfbfe76f197b5f5eae7c9931b1\" tg-width=\"720\" tg-height=\"449\"/></p><p>ADBE data by YCharts</p><p>Second, Adobe&#39;s valuation still looks attractive. As you can see above, Adobe&#39;s stock price has more or less tracked its trailing-12-month revenue over the last 10 years. However, right now, its stock price is lagging far behind its revenue. This is why the company&#39;s price-to-sales ratio stands at 10, below its long-term average of 12.</p><p>I expect Adobe will deliver solid sales and earnings results going forward -- thanks to its subscription model and its best-of-breed creative software solutions. And if that happens, Adobe&#39;s stock could be off to the races.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 Stocks Could Race Higher at the Drop of a Hat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 3 Stocks Could Race Higher at the Drop of a Hat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-09 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/08/prediction-these-3-stocks-could-race-higher-at-the/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The first quarter of 2023 is in the books, and it was a decent one for the major indexes. The Nasdaq Composite, S&P 500, and Dow Jones Industrial Average gained 16.7%, 7%, and 0.4%, respectively.With ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/08/prediction-these-3-stocks-could-race-higher-at-the/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe","SE":"Sea Ltd","SOFI":"SoFi Technologies Inc."},"source_url":"https://www.fool.com/investing/2023/04/08/prediction-these-3-stocks-could-race-higher-at-the/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2325952321","content_text":"The first quarter of 2023 is in the books, and it was a decent one for the major indexes. The Nasdaq Composite, S&P 500, and Dow Jones Industrial Average gained 16.7%, 7%, and 0.4%, respectively.With the tech-heavy Nasdaq leading the way higher, some investors are wondering: What technology names are worth owning right now? These three Motley Fool contributors are eyeing Sea Limited , SoFi Technologies , and Adobe. Here's why.A banking crisis overshadows SoFi's numerous positivesJustin Pope (SoFi Technologies): It's been tough living as a digital bank for SoFi Technologies. The company's been plagued by a student loan freeze for several years, and the recent banking crisis has only shaken investor confidence in smaller lenders. Shares are trading near the low end of their 52-week range, down 77% from their high.But the bank's on firmer ground than its share price might indicate. First, SoFi is well capitalized -- well above the minimum financial ratios regulators mandate, and its depositor base of 5.2 million members is more diversified than a bank like Silicon Valley Bank. Second, there's a student loan freeze in effect, which has hurt SoFi's loan refinancing business, which was huge before the pandemic.However, it hasn't stopped SoFi from marching toward profitability. The company posted non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) of $143 million in 2022 and is guiding for $260 million to $280 million for 2023. Importantly, management expects net income under generally accepted accounting principles (GAAP) to turn positive by the end of the year.Between a banking crisis and a student loan freeze, it's hard to imagine what else could go wrong for SoFi. That's why the stock could rebound when the smoke clears. The student loan freeze seems on course to end later this year, and it looks like the government will do what's needed to ensure confidence in the banking system.Then, investors might better appreciate SoFi's rapidly growing user base, looming profitability, and strong balance sheet. CEO Anthony Noto reiterated his confidence, buying roughly $1.2 million in stock last month. You can't predict when, but SoFi's stock could spring higher at the first sign of positive news.The tech conglomerate that may soon seem 'unlimited'Will Healy (Sea Limited): Admittedly, Sea Limited stock may appear to have moved too far too fast. Since falling to a low of just under $41 per share last November, it has more than doubled.Still, in other ways, Sea Limited appears far from done. The tech conglomerate, which includes the e-commerce business Shopee and fintech segment Sea Money, has drawn investor interest amid a push to cut costs and turn profitable.Sea Money has continued to grow at a triple-digit clip, though it only makes up around 10% of the company's revenue. Earlier in the year, Shopee reversed most of its expansion plans outside its core Southeast Asian market. But the strategy seems to have worked as e-commerce revenue of $7.3 billion rose 42% in 2022 compared with the prior year.Additionally, the factor that could make Sea Limited's stock fully turn around is the reversal of declining revenue in its gaming segment, Garena. Garena's Free Fire was the world's most downloaded mobile game from 2019 to 2021, but its popularity has waned amid a decline in the gaming industry. Consequently, Garena's revenue dropped 9% in 2022 to $3.9 billion.However, Newzoo forecasts player numbers will grow from 3.2 billion in 2022 to 3.5 billion by 2025. Such growth should help reverse declines in the gaming industry. That could accelerate Sea Limited's revenue growth, which in 2022 surged 25% to $12.4 billion.SE PS Ratio data by YChartsMoreover, despite the recent surge in the stock price, investors should remember that Sea Limited sells at a discount of more than 70% from its all-time high in the fall of 2021. As a result, it trades at a P/S ratio of 4. That is just above all-time lows and well below the record sales multiple of just above 30 in 2021.Such a valuation could induce investors to brave the waters. And given the entertainment stock's potential when all three segments are in a growth mode, the new bull market in Sea Limited stock may have only just begun.Adobe's stock is still a bargainJake Lerch (Adobe): Shares of software giant Adobe have been on a wild ride over the last year and a half. The stock is still more than 44% off its all-time high of $688.37, even after rallying 35% over the last six months.Yet, to my eye, Adobe has room to run higher from here -- much higher. Why? Two reasons.First, Wall Street has been wrong. Many analysts have expected a pullback in demand for Adobe's products that just hasn't materialized. The company has beaten earnings expectations in four straight quarters. Adobe's rockstar lineup of products, including Creative Cloud, Document Cloud, and Experience Cloud, continue to draw in new customers and help retain existing ones.ADBE data by YChartsSecond, Adobe's valuation still looks attractive. As you can see above, Adobe's stock price has more or less tracked its trailing-12-month revenue over the last 10 years. However, right now, its stock price is lagging far behind its revenue. This is why the company's price-to-sales ratio stands at 10, below its long-term average of 12.I expect Adobe will deliver solid sales and earnings results going forward -- thanks to its subscription model and its best-of-breed creative software solutions. And if that happens, Adobe's stock could be off to the races.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988141275,"gmtCreate":1666705303297,"gmtModify":1676537793011,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/9988141275","repostId":"1131328574","repostType":4,"repost":{"id":"1131328574","pubTimestamp":1666685072,"share":"https://ttm.financial/m/news/1131328574?lang=&edition=fundamental","pubTime":"2022-10-25 16:04","market":"us","language":"en","title":"Big Tech Earnings Are Coming. 5 Questions Hang Over the Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1131328574","media":"Barron's","summary":"Brace yourself. This week, the world’s largest tech companies all report their September-quarter fin","content":"<html><head></head><body><p>Brace yourself. This week, the world’s largest tech companies all report their September-quarter financial results. And I mean all of them—Alphabet, Microsoft, Meta Platforms, Apple, Amazon.com, and Intel, with special guest appearances from SAP, Shopify, Spotify, Seagate, ServiceNow, and Corning. Every one of these companies reports results in a three-day span, from Tuesday to Thursday. At least 25% of the S&amp;P 500’s market value will be reporting during the stretch.</p><p>It will be the last full read on the sector’s fundamental performance before the end of the year, and the wave of reports could determine the next swing in stock prices. The tech sector continues to face fierce headwinds from the strong dollar, softening consumer spending, rising interest rates, stubbornly high inflation, and a potential recession. The market is yearning for some hint that the worst is over, but don’t hold your breath.</p><p>Paul Meeks, portfolio manager with Independent Solutions Wealth Management, has a long list of tech stocks he’d like to buy, but he’s not yet ready. He’s sitting on a pile of cash, waiting for lower lows. Meeks thinks earnings season could be grisly and is particularly worried about chip stocks, which he’s historically loved but is now shunning. Meeks sees downward revisions ahead and worries that conditions in the March and June quarters could be even worse than the last two quarters of 2022.</p><p>This past week, though, there were some glimmers of hope. Netflix shares (ticker: NFLX) spiked 13% on Wednesday after the streaming-video pioneer posted better-than-expected subscriber growth and sounded generally bullish about the coming launch of its ad-supported membership tier. One day later,IBMshares (IBM) gained 4.7% after posting revenue that was $500 million above Wall Street estimates, thanks to strong demand in all three of its primary business segments—mainframes, software, and consulting.</p><p>Neither report seemed to improve the market’s dour mood, though. And that was before Snap’s(SNAP) disappointing report late Thursday.</p><p>Here are five key questions investors will be asking in the days ahead:</p><p><b>Will the recession slow cloud computing?</b> Amazon.com (AMZN), Microsoft (MSFT), and Alphabet (GOOGL) own the three largest players in the public cloud—Amazon Web Services, Azure, and Google Cloud. In the June quarter, all three showed strong growth but modest deceleration from the March quarter. The public clouds use consumption-based business models, like utilities—the more computing resources you use, the more you pay. As the economy softens, it’s not unreasonable to expect that customers with weakening business won’t need quite as much computing power as they have in the past. Consensus Wall Street estimates forecast that growth for all three cloud giants will slow further this quarter: Misses from any—or worse, all three—would not be well received.</p><p><b>How bad is the online advertising outlook?</b> In recessions, ad spending erodes—and with two-thirds of ad dollars now spent on digital channels, there are considerable risks ahead for ad-supported tech businesses, in particular Alphabet, which owns Google and YouTube, and Meta Platforms (META), parent of Facebook and Instagram. Alphabet shares are down 30% this year, while Meta is off 60%—the disparity in part reflects the view that search ads should prove more resilient than display and direct-response ads. Meanwhile, there’s increasing competition. TikTok gets most of the attention, but both Amazon and Apple (AAPL) are building substantial ad businesses, while Netflix and Walt Disney (DIS) are adding ad-supported subscription streaming tiers. Even Uber Technologies (UBER) and Lyft (LYFT) are building ad businesses.</p><p><b>When will PC demand rebound?</b> Personal computer demand is crashing. Gartner reports that PC shipments fell 19.5% in the third quarter, the sharpest decline ever and the fourth straight quarterly drop. That is bad for PC companies like Dell Technologies (DELL) and HP Inc. (HPQ), but the weakness has also triggered earnings warnings from PC-centric chip makers like Intel (INTC), Advanced Micro Devices (AMD), Nvidia (NVDA), and Micron Technology (MU). We’ll get fresh insights on the PC market’s future this week from Microsoft, Intel, and Apple.</p><p><b>Will the holiday shopping season be a bust?</b> Adobe projects online holiday spending will grow just 2.5%, the smallest increase ever. Amazon shares are down 31% this year, pressured by weakness in the company’s flagship online retailing arm, which has reported year-over-year declines in each of the past two quarters. Wall Street estimates call for a rebound to 9% growth in the September quarter, with 8% growth in the holiday quarter. But that might be optimistic—analysts think the company’s recent two-day sales event was a dud. Shopify’s (SHOP) results should provide additional color on the state of online shopping—and the outlook for the holidays.</p><p><b>Are enterprise IT budgets about to shrink?</b> IBM CEO Arvind Krishna said this past week that conditions remain strong in the U.S. and Asia, but he sees customers in Western Europe growing more cautious. A sharp falloff in PC sales at Dell, which has only modest exposure to the consumer market, points to budget tightening. Krishna says that technology tends to boost productivity—offsetting inflationary pressures on labor and the supply chain. Microsoft and SAP (SAP) will both provide clues on where IT spending goes from here.</p></body></html>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech Earnings Are Coming. 5 Questions Hang Over the Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech Earnings Are Coming. 5 Questions Hang Over the Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-25 16:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/big-tech-apple-microsoft-alphabet-amazon-earnings-stocks-51666311206?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Brace yourself. This week, the world’s largest tech companies all report their September-quarter financial results. And I mean all of them—Alphabet, Microsoft, Meta Platforms, Apple, Amazon.com, and ...</p>\n\n<a href=\"https://www.barrons.com/articles/big-tech-apple-microsoft-alphabet-amazon-earnings-stocks-51666311206?mod=hp_LATEST\">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","GOOGL":"谷歌A","AMZN":"亚马逊","INTC":"英特尔","META":"Meta Platforms, Inc.","AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/big-tech-apple-microsoft-alphabet-amazon-earnings-stocks-51666311206?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131328574","content_text":"Brace yourself. This week, the world’s largest tech companies all report their September-quarter financial results. And I mean all of them—Alphabet, Microsoft, Meta Platforms, Apple, Amazon.com, and Intel, with special guest appearances from SAP, Shopify, Spotify, Seagate, ServiceNow, and Corning. Every one of these companies reports results in a three-day span, from Tuesday to Thursday. At least 25% of the S&P 500’s market value will be reporting during the stretch.It will be the last full read on the sector’s fundamental performance before the end of the year, and the wave of reports could determine the next swing in stock prices. The tech sector continues to face fierce headwinds from the strong dollar, softening consumer spending, rising interest rates, stubbornly high inflation, and a potential recession. The market is yearning for some hint that the worst is over, but don’t hold your breath.Paul Meeks, portfolio manager with Independent Solutions Wealth Management, has a long list of tech stocks he’d like to buy, but he’s not yet ready. He’s sitting on a pile of cash, waiting for lower lows. Meeks thinks earnings season could be grisly and is particularly worried about chip stocks, which he’s historically loved but is now shunning. Meeks sees downward revisions ahead and worries that conditions in the March and June quarters could be even worse than the last two quarters of 2022.This past week, though, there were some glimmers of hope. Netflix shares (ticker: NFLX) spiked 13% on Wednesday after the streaming-video pioneer posted better-than-expected subscriber growth and sounded generally bullish about the coming launch of its ad-supported membership tier. One day later,IBMshares (IBM) gained 4.7% after posting revenue that was $500 million above Wall Street estimates, thanks to strong demand in all three of its primary business segments—mainframes, software, and consulting.Neither report seemed to improve the market’s dour mood, though. And that was before Snap’s(SNAP) disappointing report late Thursday.Here are five key questions investors will be asking in the days ahead:Will the recession slow cloud computing? Amazon.com (AMZN), Microsoft (MSFT), and Alphabet (GOOGL) own the three largest players in the public cloud—Amazon Web Services, Azure, and Google Cloud. In the June quarter, all three showed strong growth but modest deceleration from the March quarter. The public clouds use consumption-based business models, like utilities—the more computing resources you use, the more you pay. As the economy softens, it’s not unreasonable to expect that customers with weakening business won’t need quite as much computing power as they have in the past. Consensus Wall Street estimates forecast that growth for all three cloud giants will slow further this quarter: Misses from any—or worse, all three—would not be well received.How bad is the online advertising outlook? In recessions, ad spending erodes—and with two-thirds of ad dollars now spent on digital channels, there are considerable risks ahead for ad-supported tech businesses, in particular Alphabet, which owns Google and YouTube, and Meta Platforms (META), parent of Facebook and Instagram. Alphabet shares are down 30% this year, while Meta is off 60%—the disparity in part reflects the view that search ads should prove more resilient than display and direct-response ads. Meanwhile, there’s increasing competition. TikTok gets most of the attention, but both Amazon and Apple (AAPL) are building substantial ad businesses, while Netflix and Walt Disney (DIS) are adding ad-supported subscription streaming tiers. Even Uber Technologies (UBER) and Lyft (LYFT) are building ad businesses.When will PC demand rebound? Personal computer demand is crashing. Gartner reports that PC shipments fell 19.5% in the third quarter, the sharpest decline ever and the fourth straight quarterly drop. That is bad for PC companies like Dell Technologies (DELL) and HP Inc. (HPQ), but the weakness has also triggered earnings warnings from PC-centric chip makers like Intel (INTC), Advanced Micro Devices (AMD), Nvidia (NVDA), and Micron Technology (MU). We’ll get fresh insights on the PC market’s future this week from Microsoft, Intel, and Apple.Will the holiday shopping season be a bust? Adobe projects online holiday spending will grow just 2.5%, the smallest increase ever. Amazon shares are down 31% this year, pressured by weakness in the company’s flagship online retailing arm, which has reported year-over-year declines in each of the past two quarters. Wall Street estimates call for a rebound to 9% growth in the September quarter, with 8% growth in the holiday quarter. But that might be optimistic—analysts think the company’s recent two-day sales event was a dud. Shopify’s (SHOP) results should provide additional color on the state of online shopping—and the outlook for the holidays.Are enterprise IT budgets about to shrink? IBM CEO Arvind Krishna said this past week that conditions remain strong in the U.S. and Asia, but he sees customers in Western Europe growing more cautious. A sharp falloff in PC sales at Dell, which has only modest exposure to the consumer market, points to budget tightening. Krishna says that technology tends to boost productivity—offsetting inflationary pressures on labor and the supply chain. Microsoft and SAP (SAP) will both provide clues on where IT spending goes from here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964994558,"gmtCreate":1670046216374,"gmtModify":1676538295289,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/9964994558","repostId":"1152464265","repostType":4,"repost":{"id":"1152464265","pubTimestamp":1670022054,"share":"https://ttm.financial/m/news/1152464265?lang=&edition=fundamental","pubTime":"2022-12-03 07:00","market":"us","language":"en","title":"11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1152464265","media":"Bloomberg","summary":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Ha","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb8b5a354d9d687bd95cdff74dddc508\" tg-width=\"1214\" tg-height=\"811\" width=\"100%\" height=\"auto\"/></p><p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.</p><p>“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.</p><p>This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’s<i>Charging Bull</i>statue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.</p><p>Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)</p><p>“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”</p><p>But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at a<i>New York Times</i>conference and an interview on<i>Good Morning America</i>. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?</p><p><img src=\"https://static.tigerbbs.com/79b2ba9ef6da8454146f200cdc460f6e\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Bankman-Fried after an interview on<i>Bloomberg Wealth With David Rubenstein</i>on Aug. 17, 2022.Photographer: Jeenah Moon/Bloomberg</p><p>He doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.</p><p>It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.</p><p>I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith a<i>Vox</i>reporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” the<i>Vox</i>reporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.</p><p>I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.</p><p>To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messaged<i>Vox</i>, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.</p><p>I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”</p><p>“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”</p><p>That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he got<i>un</i>lucky, or miscalculated the odds.</p><p>Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end of<i>Scarface</i>, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.</p><p>Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.</p><p>The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.</p><p>Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.</p><p>“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”</p><p>The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)</p><p>The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.</p><p>The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”</p><p>“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”</p><p>Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.</p><p>Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.</p><p>That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.</p><p>As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,<i>Reminiscences of a Stock Operator.</i>Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.</p><p>The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.</p><p>Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.</p><p>But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”</p><p>“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”</p><p>Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.</p><p>The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.</p><p>There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)</p><p>When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.</p><p>“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)</p><p>“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”</p><p>“You were all aware there was a chance this would not work,” I say.</p><p>“That’s right,” he says. “But I thought that the risk was substantially smaller.”</p><p>I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.</p><p>“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”</p><p>“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”</p><p>Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.</p><p>“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.</p><p>“So what’s the problem, then?”</p><p>Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.</p><p>“What’s the difference between these two rows here?” he asks.</p><p>“You didn’t have $8 billion in cash that you thought you had,” I say.</p><p>“That’s correct. Yes.”</p><p>“You misplaced $8 billion?” I ask.</p><p>“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.</p><p>That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.</p><p>To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.</p><p>Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.</p><p>It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”</p><p>“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.</p><p>Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.</p><p>With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.</p><p>The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this big<i>Wolf of Wall Street</i>thing,” he said. “Bro, it was a bunch of nerds.”</p><p><img src=\"https://static.tigerbbs.com/b87535c118f069e782e80762398d0a9c\" tg-width=\"1000\" tg-height=\"1000\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Illustration: Maxime Mouysset for Bloomberg Businessweek</p><p>By the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.</p><p>I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.</p><p>I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.</p><p>“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”</p><p>I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”</p><p>Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.</p><p>I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.</p><p>“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”</p><p>“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”</p><p>To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”</p><p>“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”</p><p>“You had a rule on your platform. You didn’t follow it,” I say.</p><p>By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.</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>11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall</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\">\n11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152464265","content_text":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’sCharging Bullstatue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at aNew York Timesconference and an interview onGood Morning America. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?Bankman-Fried after an interview onBloomberg Wealth With David Rubensteinon Aug. 17, 2022.Photographer: Jeenah Moon/BloombergHe doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith aVoxreporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” theVoxreporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messagedVox, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he gotunlucky, or miscalculated the odds.Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end ofScarface, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,Reminiscences of a Stock Operator.Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”“You were all aware there was a chance this would not work,” I say.“That’s right,” he says. “But I thought that the risk was substantially smaller.”I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.“So what’s the problem, then?”Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.“What’s the difference between these two rows here?” he asks.“You didn’t have $8 billion in cash that you thought you had,” I say.“That’s correct. Yes.”“You misplaced $8 billion?” I ask.“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this bigWolf of Wall Streetthing,” he said. “Bro, it was a bunch of nerds.”Illustration: Maxime Mouysset for Bloomberg BusinessweekBy the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”“You had a rule on your platform. You didn’t follow it,” I say.By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966086540,"gmtCreate":1669347330481,"gmtModify":1676538186991,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9966086540","repostId":"1123188420","repostType":4,"repost":{"id":"1123188420","pubTimestamp":1669347495,"share":"https://ttm.financial/m/news/1123188420?lang=&edition=fundamental","pubTime":"2022-11-25 11:38","market":"us","language":"en","title":"World Cup Mania Is Here: 2 Stocks That Are Poised to Gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1123188420","media":"TipRanks","summary":"The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tourn","content":"<div>\n<p>The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>World Cup Mania Is Here: 2 Stocks That Are Poised to Gain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWorld Cup Mania Is Here: 2 Stocks That Are Poised to Gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-25 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EA":"艺电","FUBO":"fuboTV Inc."},"source_url":"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123188420","content_text":"The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) extravaganza is expected to draw an audience of billions who will tune in to watch icons such as Lionel Messi, Christiano Ronaldo and Kylian Mbappe attempt to get their hands on the Jules Rimet trophy and write their names and their countries’ fellow representatives into history.Just for context, the previous 2018 World Cup saw an audience of over 3.6 billion people watch matches, with the final drawing 1.12 billion viewers – that’s more than 5x above the viewing figures for the 2022 Super Bowl.Such a global happening is bound to have commercial implications and could be advantageous to certain categories. To which ones exactly? Streaming platforms, online betting, soccer video games, digital advertising and sporting goods/apparel, all come readily to mind as segments which could benefit.With this in mind, we delved into the TipRanks database and pulled up two names which could get a boost from this global sporting festival. Let’s kick off.Electronic Arts (EA)Attempting to emulate the skills of global sports gods is a favorite pastime for gamers and the first stock will look at is an expert at providing such thrills. Electronic Arts is one of the video gaming space’s titans and a home computer gaming trailblazer.Specifically relating to the World Cup, its EA Sports titles include the FIFA soccer game in addition to titles such as NBA Live, Madden NFL, and NHL. The portfolio, however, extends beyond just sports titles, and includes some of gaming’s most well-known brands like Apex Legends, Battlefield, Need for Speed, and Plants vs. Zombies, amongst others.After benefiting immensely from the work-from-home trend during the pandemic, the reopening and then the economic downturn have been headwinds for the gaming industry as sales have cooled down in 2022.As such, EA’s latest quarterly report, for the second fiscal quarter (September quarter) was a mixed affair. Net bookings fell by 5.4% year-over-year to $1.75 billion, missing the Street’s forecast by $30 million, while the company also lowered its FY 2023 net bookings outlook from the range between $7.90 billion to $8.10 billion to the range between $7.65 billion and $7.85 billion. The Street’s forecast stood at $7.97 billion.However, the company beat expectations on the bottom-line with EPS of $1.07 coming in ahead of the $1.00 consensus estimate. Moreover, the company raised its FY 2023 EPS forecast to around $3.11-$3.34 from the prior guidance of $2.79-$2.87.Wedbush analyst Michael Pachter makes note of the strong performance in the current quarter from the game which stands to benefit the most from the World Cup.“FIFA is off to a record start so far this quarter, and the company announced several initiatives to drive Ultimate Team engagement as the tournament progresses over the remainder of the quarter,” the analyst said. “We’re confident in EA’s ability to grow the franchise in a World Cup year, and especially confident in its ability to grow this quarter, which is historically strong on its own… We continue to believe that the video game industry is undervalued, having historically traded at a significant premium to the market multiple.”To this end, Pachter rates EA shares an Outperform (i.e. Buy) while his $164 price target makes room for 12-month gains of 25%.Looking at the consensus breakdown, based on 9 Buy ratings vs. 4 Holds, EA receives a Moderate Buy consensus rating.fuboTV (FUBO)Let’s now look at a stock that stands to benefit in a different way from the World Cup. FuboTV is a streaming platform, and one that is mainly focused on sports.In fact, upon its launch in 2015, the streaming service was focused solely on soccer, but in 2017 changed tack to become an all-sports service and later, targeting the cord-cutting trend morphed into a virtual multichannel video programming distributor (vMVPD) model offering also non-sports programs. That said, sports remain the main focal point and depending on region (the service is available in the U.S., Canada and Spain), subscribers can watch EPL, NBA, MLB, NFL, NHL, MLS, CPL games as well as international football.Those subscribers have been growing with each quarter as was the case again in Q3. North American subscribers rose by 31% year-over-year to a record 1,231,000, while international subs reached 358,000. All this helped the company generate revenue of $225 million, above the $213 million expected on Wall Street.Ongoing growth aside, the problem for FUBO has been one of profitability – or lack thereof – a situation the company hopes to fix by 2025. While the continued losses, along with other issues such as rising competition and the effects of inflation are worries for Wedbush’s Michael Pachter, the analyst believes the fact FUBO raised its revenue and subscriber outlook when it released the Q3 metrics is indicative of how the company can make headway on account of the games.“We think management’s confidence around Q4 results in due in part to increased political advertising, as well as the anticipated uptick in subscribers driven by the upcoming World Cup, which fuboTV will uniquely be broadcasting in 4K,” Pachter explained. “Given the upside and downside risk, we think the current share price affords a compelling entry point.”To this end, Pachter has an Outperform (i.e. Buy) rating for FUBO shares, backed by a $5 price target. There’s plenty of upsides – 80% to be exact – should the target be met over the next 12 months.Overall, with 3 Buy and Hold ratings, each, the stock claims a Moderate Buy consensus view.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989765281,"gmtCreate":1666089716343,"gmtModify":1676537704385,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9989765281","repostId":"1179209854","repostType":4,"repost":{"id":"1179209854","pubTimestamp":1666082579,"share":"https://ttm.financial/m/news/1179209854?lang=&edition=fundamental","pubTime":"2022-10-18 16:42","market":"us","language":"en","title":"Netflix, Goldman Sachs, Johnson & Johnson, Lockheed Martin, fuboTV And More: U.S. Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1179209854","media":"Benzinga","summary":"With US stock futures trading higher this morning on Tuesday, some of the stocks that may grab inves","content":"<html><head></head><body><p>With US stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:</p><ul><li>Wall Street expects <b>Johnson &amp; Johnson</b> to report quarterly earnings at $2.52 per share on revenue of $23.47 billion before the opening bell.</li><li>Analysts are expecting <b>The Goldman Sachs Group, Inc.</b> to have earned $7.71 per share on revenue of $11.43 billion for the latest quarter. The company will release earnings before the markets open.</li><li><b>fuboTV Inc.</b> issued preliminary Q3 North America revenue results above previous guidance. The company also reported a 27% increase in North America paid subscribers and ceased the operation of Fubo Sportsbook.</li></ul><ul><li>Before the opening bell, <b>Lockheed Martin Corporation</b> is projected to post quarterly earnings at $6.68 per share on revenue of $16.64 billion.</li><li>Analysts expect <b>Netflix, Inc.</b> to post quarterly earnings at $2.13 per share on revenue of $7.84 billion after the closing bell.</li></ul></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix, Goldman Sachs, Johnson & Johnson, Lockheed Martin, fuboTV And More: U.S. Stocks To Watch</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\">\nNetflix, Goldman Sachs, Johnson & Johnson, Lockheed Martin, fuboTV And More: U.S. Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 16:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/22/10/29300220/goldman-sachs-johnson-johnson-and-3-stocks-to-watch-heading-into-tuesday><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With US stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Johnson & Johnson to report quarterly earnings at...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/22/10/29300220/goldman-sachs-johnson-johnson-and-3-stocks-to-watch-heading-into-tuesday\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","LMT":"洛克希德马丁","GS":"高盛","JNJ":"强生","FUBO":"fuboTV Inc."},"source_url":"https://www.benzinga.com/news/earnings/22/10/29300220/goldman-sachs-johnson-johnson-and-3-stocks-to-watch-heading-into-tuesday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179209854","content_text":"With US stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Johnson & Johnson to report quarterly earnings at $2.52 per share on revenue of $23.47 billion before the opening bell.Analysts are expecting The Goldman Sachs Group, Inc. to have earned $7.71 per share on revenue of $11.43 billion for the latest quarter. The company will release earnings before the markets open.fuboTV Inc. issued preliminary Q3 North America revenue results above previous guidance. The company also reported a 27% increase in North America paid subscribers and ceased the operation of Fubo Sportsbook.Before the opening bell, Lockheed Martin Corporation is projected to post quarterly earnings at $6.68 per share on revenue of $16.64 billion.Analysts expect Netflix, Inc. to post quarterly earnings at $2.13 per share on revenue of $7.84 billion after the closing bell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950067702,"gmtCreate":1672624342207,"gmtModify":1676538712190,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9950067702","repostId":"1105874821","repostType":4,"repost":{"id":"1105874821","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":1672621372,"share":"https://ttm.financial/m/news/1105874821?lang=&edition=fundamental","pubTime":"2023-01-02 09:02","market":"us","language":"en","title":"2022 Recap: Top 10 ETFs' Performance","url":"https://stock-news.laohu8.com/highlight/detail?id=1105874821","media":"Tiger Newspress","summary":"Energy ETFs dominated 2022’s top funds.","content":"<html><head></head><body><p>Energy ETFs dominated 2022’s top funds. The top-performing ETF, once you filter out leveraged and inverse products, was <a href=\"https://laohu8.com/S/TUR\">iShares MSCI Turkey ETF</a> with a monster return of 105.81% through Dec. 31.</p><p><img src=\"https://static.tigerbbs.com/38f8ec750fb75826f2193bf24322d6fa\" tg-width=\"1407\" tg-height=\"1996\" referrerpolicy=\"no-referrer\"/>Turkey’s lira plummeted during the year while inflation soared as high as 80%. However, that was what drove the stock market’s outstanding performance, as domestic investors plowed in assets to hedge against skyrocketing prices.</p><p>Despite its outsized returns, U.S. investors aren’t taking the bait, and the fund has seen $82.8 million in outflows year-to-date. Indeed, a recentBloomberg articlenotes that foreign ownership of Turkish stocks hit record lows.</p><p>The top performers are energy related with one exception. The $2.6 billion <a href=\"https://laohu8.com/S/OIH\">VanEck Oil Services ETF </a> was in the No. 2 spot with a gain of 66.17%, followed by the <a href=\"https://laohu8.com/S/IEZ\">iShares U.S. Oil Equipment &amp; Services ETF</a> with a return of 65.74%.</p><p>Ultimately the remaining energy funds in the top 10 ETFs in terms of returns were up anywhere from 58.27% (the <a href=\"https://laohu8.com/S/PXE\">Invesco Dynamic Energy Exploration &amp; Production ETF</a>) to 64.17% ( <a href=\"https://laohu8.com/S/XLE\">Energy Select Sector SPDR Fund </a>). Almost all of those were equity funds; however, the United States 12-Month <a href=\"https://laohu8.com/S/UNL\">Natural Gas Fund LP </a> was in the mix with a return of 57%. The fund invests in natural gas futures via a laddered strategy that maintains equal-weight exposure to the 12 nearest-month NYMEX natural gas futures.</p><p>According to data from the Bureau of Labor Statistics, energy costs for Americans saw an average increase of 13% year-over-year as of November.</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>2022 Recap: Top 10 ETFs' Performance</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\">\n2022 Recap: Top 10 ETFs' Performance\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\">2023-01-02 09:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Energy ETFs dominated 2022’s top funds. The top-performing ETF, once you filter out leveraged and inverse products, was <a href=\"https://laohu8.com/S/TUR\">iShares MSCI Turkey ETF</a> with a monster return of 105.81% through Dec. 31.</p><p><img src=\"https://static.tigerbbs.com/38f8ec750fb75826f2193bf24322d6fa\" tg-width=\"1407\" tg-height=\"1996\" referrerpolicy=\"no-referrer\"/>Turkey’s lira plummeted during the year while inflation soared as high as 80%. However, that was what drove the stock market’s outstanding performance, as domestic investors plowed in assets to hedge against skyrocketing prices.</p><p>Despite its outsized returns, U.S. investors aren’t taking the bait, and the fund has seen $82.8 million in outflows year-to-date. Indeed, a recentBloomberg articlenotes that foreign ownership of Turkish stocks hit record lows.</p><p>The top performers are energy related with one exception. The $2.6 billion <a href=\"https://laohu8.com/S/OIH\">VanEck Oil Services ETF </a> was in the No. 2 spot with a gain of 66.17%, followed by the <a href=\"https://laohu8.com/S/IEZ\">iShares U.S. Oil Equipment &amp; Services ETF</a> with a return of 65.74%.</p><p>Ultimately the remaining energy funds in the top 10 ETFs in terms of returns were up anywhere from 58.27% (the <a href=\"https://laohu8.com/S/PXE\">Invesco Dynamic Energy Exploration &amp; Production ETF</a>) to 64.17% ( <a href=\"https://laohu8.com/S/XLE\">Energy Select Sector SPDR Fund </a>). Almost all of those were equity funds; however, the United States 12-Month <a href=\"https://laohu8.com/S/UNL\">Natural Gas Fund LP </a> was in the mix with a return of 57%. The fund invests in natural gas futures via a laddered strategy that maintains equal-weight exposure to the 12 nearest-month NYMEX natural gas futures.</p><p>According to data from the Bureau of Labor Statistics, energy costs for Americans saw an average increase of 13% year-over-year as of November.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XES":"SPDR S&P Oil & Gas Equipment & Services ETF","IYE":"iShares U.S. Energy ETF","IEZ":"iShares Dow Jones U.S. Oil Equip","OIH":"石油服务ETF","TUR":"土耳其ETF-iShares MSCI","VDE":"Vanguard Energy ETF","XLE":"SPDR能源指数ETF","PXJ":"Invesco Oil & Gas Services ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105874821","content_text":"Energy ETFs dominated 2022’s top funds. The top-performing ETF, once you filter out leveraged and inverse products, was iShares MSCI Turkey ETF with a monster return of 105.81% through Dec. 31.Turkey’s lira plummeted during the year while inflation soared as high as 80%. However, that was what drove the stock market’s outstanding performance, as domestic investors plowed in assets to hedge against skyrocketing prices.Despite its outsized returns, U.S. investors aren’t taking the bait, and the fund has seen $82.8 million in outflows year-to-date. Indeed, a recentBloomberg articlenotes that foreign ownership of Turkish stocks hit record lows.The top performers are energy related with one exception. The $2.6 billion VanEck Oil Services ETF  was in the No. 2 spot with a gain of 66.17%, followed by the iShares U.S. Oil Equipment & Services ETF with a return of 65.74%.Ultimately the remaining energy funds in the top 10 ETFs in terms of returns were up anywhere from 58.27% (the Invesco Dynamic Energy Exploration & Production ETF) to 64.17% ( Energy Select Sector SPDR Fund ). Almost all of those were equity funds; however, the United States 12-Month Natural Gas Fund LP  was in the mix with a return of 57%. The fund invests in natural gas futures via a laddered strategy that maintains equal-weight exposure to the 12 nearest-month NYMEX natural gas futures.According to data from the Bureau of Labor Statistics, energy costs for Americans saw an average increase of 13% year-over-year as of November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926554914,"gmtCreate":1671588113339,"gmtModify":1676538560360,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9926554914","repostId":"2292358423","repostType":4,"repost":{"id":"2292358423","pubTimestamp":1671601834,"share":"https://ttm.financial/m/news/2292358423?lang=&edition=fundamental","pubTime":"2022-12-21 13:50","market":"us","language":"en","title":"2 Growth Stocks That Can Turn $500,000 Into $1 Million by 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2292358423","media":"Motley Fool","summary":"These two stocks have delivered eye-popping returns in the past.","content":"<html><head></head><body><p>Everyone wants to see their investments double in value. Seeing a 100% gain in your stock portfolio is more than thrilling; it&#39;s a motivator that keeps you investing. And in the long run, that&#39;s how real success happens.</p><p>Needless to say, 2022 hasn&#39;t been a great year for 100% gainers. The major market indexes, like the <b>S&amp;P 500</b>, the <b>Nasdaq Composite</b>, and the <b>Dow Jones Industrial Average</b> are set to finish 2022 in the red.</p><p>However, the stock market won&#39;t stay down forever. When it inevitably recovers, some stocks could soar. Here are two that can turn $500,000 into $1 million by 2025.</p><h2>1. <a href=\"https://laohu8.com/S/ADBE\">Adobe</a></h2><p>My first pick to double by 2025 is <b>Adobe</b>. This software company sits at the intersection of creativity and productivity, which is essential in today&#39;s digital economy.</p><p>More than ever before, organizations must create digital materials that are illuminating, specialized, and captivating. Adobe&#39;s suite of products, including, Acrobat, Photoshop, Creative Cloud, and many others, helps organizations achieve exactly that.</p><p>In its most recent quarter (the three months ending on Dec. 1, 2022), Adobe&#39;s revenue jumped to $4.5 billion, up 10% from a year earlier. Earnings per share (EPS) came in slightly ahead of analyst estimates at $3.60, despite currency headwinds due to the strong U.S. dollar.</p><p>Recent results are proof that Adobe&#39;s business isn&#39;t drying up, as many had feared. Nevertheless, shares are down 40% year to date.</p><p>However, if the company can continue to deliver solid results over the next two years, a double isn&#39;t out of the question. Simply look at what Adobe stock did from December 2019 to December 2021. Shares moved higher by more than 100% over those two years, as sales surged from $11.2 billion to $15.8 billion.</p><p><img src=\"https://static.tigerbbs.com/606dd7512e8b017e70a317badd406294\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/></p><p>ADBE data by YCharts</p><p>Looking ahead, Wall Street thinks Adobe is a prime candidate to lead the market higher. Of the 31 analysts who cover the stock, 25 rate Adobe as a &#34;strong buy&#34; or &#34;buy,&#34; with none rating it worse than a &#34;hold.&#34; The average price target is $373, almost 10% above its current price.</p><p>If the company continues to deliver solid earnings reports, like the one from last week, I think shares can double by 2025.</p><h2>2. Lululemon</h2><p>My second stock capable of doubling in value over the next two years is <b>Lululemon</b>. And part of the reason why is that Lululemon has pulled this off before.</p><p>If you had invested $500,000 in <b>Lululemon</b> in December 2019, that amount would have grown to $993,000 by December 2021 -- just shy of a 100% return in precisely two years.</p><p>Lululemon is an athleticwear retailer. The company sells men&#39;s and women&#39;s clothing, shoes, and accessories via more than 600 physical stores and its website.</p><p>In its most recent quarter (the three months ending on Oct. 29, 2022), Lululemon recorded about $1.9 billion of revenue, up 28% year over year. Moreover, earnings per share grew to $2, up from $1.44 a year earlier.</p><p>Lululemon&#39;s recent results show that the company is executing on its so-called &#34;Power of 3 x2&#34; growth plan. This is management&#39;s strategy to double its annual revenue to $12.5 billion by 2026 by doubling its menswear and digital sales, along with quadrupling its international sales.</p><p>Analysts think Lululemon can grow sales to $8 billion in 2023 and $9.2 billion in 2024, representing sales growth of 28% and 15%, respectively.</p><p>However, I think the analysts are underestimating Lululemon&#39;s growth in 2024. Shares should skyrocket if the company continues to deliver 20% or higher sales growth over the next two years. And that&#39;s why I think Lululemon shares can double by 2025.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Growth Stocks That Can Turn $500,000 Into $1 Million by 2025</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\">\n2 Growth Stocks That Can Turn $500,000 Into $1 Million by 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-21 13:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/20/2-growth-stocks-that-can-turn-500000-into-1-millio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone wants to see their investments double in value. Seeing a 100% gain in your stock portfolio is more than thrilling; it's a motivator that keeps you investing. And in the long run, that's how ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/20/2-growth-stocks-that-can-turn-500000-into-1-millio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4527":"明星科技股","ADBE":"Adobe","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LULU":"lululemon athletica","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","BK4581":"高盛持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","BK4528":"SaaS概念","BK4023":"应用软件","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","BK4554":"元宇宙及AR概念","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团"},"source_url":"https://www.fool.com/investing/2022/12/20/2-growth-stocks-that-can-turn-500000-into-1-millio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292358423","content_text":"Everyone wants to see their investments double in value. Seeing a 100% gain in your stock portfolio is more than thrilling; it's a motivator that keeps you investing. And in the long run, that's how real success happens.Needless to say, 2022 hasn't been a great year for 100% gainers. The major market indexes, like the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average are set to finish 2022 in the red.However, the stock market won't stay down forever. When it inevitably recovers, some stocks could soar. Here are two that can turn $500,000 into $1 million by 2025.1. AdobeMy first pick to double by 2025 is Adobe. This software company sits at the intersection of creativity and productivity, which is essential in today's digital economy.More than ever before, organizations must create digital materials that are illuminating, specialized, and captivating. Adobe's suite of products, including, Acrobat, Photoshop, Creative Cloud, and many others, helps organizations achieve exactly that.In its most recent quarter (the three months ending on Dec. 1, 2022), Adobe's revenue jumped to $4.5 billion, up 10% from a year earlier. Earnings per share (EPS) came in slightly ahead of analyst estimates at $3.60, despite currency headwinds due to the strong U.S. dollar.Recent results are proof that Adobe's business isn't drying up, as many had feared. Nevertheless, shares are down 40% year to date.However, if the company can continue to deliver solid results over the next two years, a double isn't out of the question. Simply look at what Adobe stock did from December 2019 to December 2021. Shares moved higher by more than 100% over those two years, as sales surged from $11.2 billion to $15.8 billion.ADBE data by YChartsLooking ahead, Wall Street thinks Adobe is a prime candidate to lead the market higher. Of the 31 analysts who cover the stock, 25 rate Adobe as a \"strong buy\" or \"buy,\" with none rating it worse than a \"hold.\" The average price target is $373, almost 10% above its current price.If the company continues to deliver solid earnings reports, like the one from last week, I think shares can double by 2025.2. LululemonMy second stock capable of doubling in value over the next two years is Lululemon. And part of the reason why is that Lululemon has pulled this off before.If you had invested $500,000 in Lululemon in December 2019, that amount would have grown to $993,000 by December 2021 -- just shy of a 100% return in precisely two years.Lululemon is an athleticwear retailer. The company sells men's and women's clothing, shoes, and accessories via more than 600 physical stores and its website.In its most recent quarter (the three months ending on Oct. 29, 2022), Lululemon recorded about $1.9 billion of revenue, up 28% year over year. Moreover, earnings per share grew to $2, up from $1.44 a year earlier.Lululemon's recent results show that the company is executing on its so-called \"Power of 3 x2\" growth plan. This is management's strategy to double its annual revenue to $12.5 billion by 2026 by doubling its menswear and digital sales, along with quadrupling its international sales.Analysts think Lululemon can grow sales to $8 billion in 2023 and $9.2 billion in 2024, representing sales growth of 28% and 15%, respectively.However, I think the analysts are underestimating Lululemon's growth in 2024. Shares should skyrocket if the company continues to deliver 20% or higher sales growth over the next two years. And that's why I think Lululemon shares can double by 2025.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035458997,"gmtCreate":1647659326742,"gmtModify":1676534256669,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9035458997","repostId":"2220484770","repostType":4,"repost":{"id":"2220484770","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":1647644857,"share":"https://ttm.financial/m/news/2220484770?lang=&edition=fundamental","pubTime":"2022-03-19 07:07","market":"us","language":"en","title":"Wall St Closes Higher after Biden-XI Talks End, Oil Steadies","url":"https://stock-news.laohu8.com/highlight/detail?id=2220484770","media":"Reuters","summary":"No. But is it happier that it's around $100 than going up $20 every day?Of course.\"Investors were also monitoring for any impact from Friday's  \"triple witching,\" in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.The Dow Jones Industr","content":"<html><head></head><body><p>* FedEx falls on lower-than-expected quarterly earnings</p><p>* Moderna up on seeking FDA authorization for second booster</p><p>* Indexes rise: Dow 0.8%, S&amp;P 500 1.17%, Nasdaq 2.05%</p><p>March 18 (Reuters) - Wall Street&#39;s three major indexes closed higher on Friday, with the biggest boost from recently battered technology stocks, after talks between U.S. President Joe Biden and Chinese President Xi Jinping over the Ukraine crisis ended without big surprises.</p><p>Investors were also relieved by slowing gains in oil prices as they continued to digest the Federal Reserve&#39;s Wednesday interest rate increase and its aggressive plan for further hikes aimed at combating soaring inflation.</p><p>&#34;The read out from the meeting was as expected,&#34; said Art Hogan, chief market strategist at National Securities in New York regarding the Xi/Biden talks. He said that since Russia/Ukraine talks were continuing, investors were tending toward optimism.</p><p>&#34;Regarding Russia, Ukraine, the market has been more  positive on news from the diplomatic front than negative on the escalation.&#34;</p><p>Hogan also cited calmer oil prices and relief that the highly anticipated Fed news was finally out.</p><p>&#34;Instead of having fears and trepidation of what the Fed might do we have clear roadmap for monetary policy,&#34; he said.</p><p>In addition to less onerous than expected Fed actions, Steve Sosnick, chief strategist at Interactive Brokers in Greenwich, Connecticut said investors were reassured that U.S. crude oil prices weren&#39;t too far above $100 on Friday after recently surpassing $130.</p><p>&#34;At least for this week oil has found a level. That&#39;s someway positive for the market as a rising oil price is overweighted in consumer minds as an inflationary indicator,&#34; said Sosnick. &#34;Does the market like oil around $100? No. But is it happier that it&#39;s around $100 than going up $20 every day? Of course.&#34;</p><p>Investors were also monitoring for any impact from Friday&#39;s  &#34;triple witching,&#34; in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.</p><p>On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.</p><p>The Dow Jones Industrial Average rose 274.17 points, or 0.8%, to 34,754.93, the S&amp;P 500 gained 51.45 points, or 1.17%, to 4,463.12 and the Nasdaq Composite added 279.06 points, or 2.05%, to 13,893.84.</p><p>Wall Street&#39;s three main indexes boasted their biggest weekly percentage gains since early November 2020 with the S&amp;P adding 6.2% while the Dow rose 5.5% and the Nasdaq jumping 8.2%.</p><p>Ten of the 11 major S&amp;P 500 sectors closed higher, with heavyweight technology and consumer discretionary both finishing up 2.2% while communication services rising 1.4%.</p><p>The only declining sector was utilities which ended the session down 0.9%.</p><p>Moderna Inc closed up 6.3% after the drugmaker submitted a request to the U.S. Food and Drug Administration to allow for a second booster of its COVID-19 vaccine.</p><p>Shares of Boeing Co finished up 1.4% after reports the planemaker was edging toward a landmark order from Delta Air Lines    for up to 100 of its 737 MAX 10 jets.</p><p>But shares in U.S. delivery firm FedEx Corp slumped almost 4% after a weaker-than-expected quarterly earnings report.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.20-to-1 ratio; on Nasdaq, a 2.19-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 44 new highs and 41 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Closes Higher after Biden-XI Talks End, Oil Steadies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St Closes Higher after Biden-XI Talks End, Oil Steadies\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\">2022-03-19 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* FedEx falls on lower-than-expected quarterly earnings</p><p>* Moderna up on seeking FDA authorization for second booster</p><p>* Indexes rise: Dow 0.8%, S&amp;P 500 1.17%, Nasdaq 2.05%</p><p>March 18 (Reuters) - Wall Street&#39;s three major indexes closed higher on Friday, with the biggest boost from recently battered technology stocks, after talks between U.S. President Joe Biden and Chinese President Xi Jinping over the Ukraine crisis ended without big surprises.</p><p>Investors were also relieved by slowing gains in oil prices as they continued to digest the Federal Reserve&#39;s Wednesday interest rate increase and its aggressive plan for further hikes aimed at combating soaring inflation.</p><p>&#34;The read out from the meeting was as expected,&#34; said Art Hogan, chief market strategist at National Securities in New York regarding the Xi/Biden talks. He said that since Russia/Ukraine talks were continuing, investors were tending toward optimism.</p><p>&#34;Regarding Russia, Ukraine, the market has been more  positive on news from the diplomatic front than negative on the escalation.&#34;</p><p>Hogan also cited calmer oil prices and relief that the highly anticipated Fed news was finally out.</p><p>&#34;Instead of having fears and trepidation of what the Fed might do we have clear roadmap for monetary policy,&#34; he said.</p><p>In addition to less onerous than expected Fed actions, Steve Sosnick, chief strategist at Interactive Brokers in Greenwich, Connecticut said investors were reassured that U.S. crude oil prices weren&#39;t too far above $100 on Friday after recently surpassing $130.</p><p>&#34;At least for this week oil has found a level. That&#39;s someway positive for the market as a rising oil price is overweighted in consumer minds as an inflationary indicator,&#34; said Sosnick. &#34;Does the market like oil around $100? No. But is it happier that it&#39;s around $100 than going up $20 every day? Of course.&#34;</p><p>Investors were also monitoring for any impact from Friday&#39;s  &#34;triple witching,&#34; in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.</p><p>On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.</p><p>The Dow Jones Industrial Average rose 274.17 points, or 0.8%, to 34,754.93, the S&amp;P 500 gained 51.45 points, or 1.17%, to 4,463.12 and the Nasdaq Composite added 279.06 points, or 2.05%, to 13,893.84.</p><p>Wall Street&#39;s three main indexes boasted their biggest weekly percentage gains since early November 2020 with the S&amp;P adding 6.2% while the Dow rose 5.5% and the Nasdaq jumping 8.2%.</p><p>Ten of the 11 major S&amp;P 500 sectors closed higher, with heavyweight technology and consumer discretionary both finishing up 2.2% while communication services rising 1.4%.</p><p>The only declining sector was utilities which ended the session down 0.9%.</p><p>Moderna Inc closed up 6.3% after the drugmaker submitted a request to the U.S. Food and Drug Administration to allow for a second booster of its COVID-19 vaccine.</p><p>Shares of Boeing Co finished up 1.4% after reports the planemaker was edging toward a landmark order from Delta Air Lines    for up to 100 of its 737 MAX 10 jets.</p><p>But shares in U.S. delivery firm FedEx Corp slumped almost 4% after a weaker-than-expected quarterly earnings report.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.20-to-1 ratio; on Nasdaq, a 2.19-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 44 new highs and 41 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","BK4559":"巴菲特持仓","QQQ":"纳指100ETF","BK4550":"红杉资本持仓","BK4568":"美国抗疫概念","BK4500":"航空公司","FDX":"联邦快递","SH":"标普500反向ETF","IVV":"标普500指数ETF","BK4551":"寇图资本持仓","DJX":"1/100道琼斯","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","BK4581":"高盛持仓","OEF":"标普100指数ETF-iShares","BK4504":"桥水持仓","SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","BK4548":"巴美列捷福持仓","DXD":"道指两倍做空ETF","BA":"波音","SPY":"标普500ETF","PSQ":"纳指反向ETF","MRNA":"Moderna, Inc.","SDOW":"道指三倍做空ETF-ProShares","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓","BK4564":"太空概念","BK4187":"航天航空与国防","DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF","BK4008":"航空公司","TQQQ":"纳指三倍做多ETF","BK4534":"瑞士信贷持仓","BK4139":"生物科技","QID":"纳指两倍做空ETF","BK4533":"AQR资本管理(全球第二大对冲基金)","DOG":"道指反向ETF","OEX":"标普100","DAL":"达美航空"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2220484770","content_text":"* FedEx falls on lower-than-expected quarterly earnings* Moderna up on seeking FDA authorization for second booster* Indexes rise: Dow 0.8%, S&P 500 1.17%, Nasdaq 2.05%March 18 (Reuters) - Wall Street's three major indexes closed higher on Friday, with the biggest boost from recently battered technology stocks, after talks between U.S. President Joe Biden and Chinese President Xi Jinping over the Ukraine crisis ended without big surprises.Investors were also relieved by slowing gains in oil prices as they continued to digest the Federal Reserve's Wednesday interest rate increase and its aggressive plan for further hikes aimed at combating soaring inflation.\"The read out from the meeting was as expected,\" said Art Hogan, chief market strategist at National Securities in New York regarding the Xi/Biden talks. He said that since Russia/Ukraine talks were continuing, investors were tending toward optimism.\"Regarding Russia, Ukraine, the market has been more  positive on news from the diplomatic front than negative on the escalation.\"Hogan also cited calmer oil prices and relief that the highly anticipated Fed news was finally out.\"Instead of having fears and trepidation of what the Fed might do we have clear roadmap for monetary policy,\" he said.In addition to less onerous than expected Fed actions, Steve Sosnick, chief strategist at Interactive Brokers in Greenwich, Connecticut said investors were reassured that U.S. crude oil prices weren't too far above $100 on Friday after recently surpassing $130.\"At least for this week oil has found a level. That's someway positive for the market as a rising oil price is overweighted in consumer minds as an inflationary indicator,\" said Sosnick. \"Does the market like oil around $100? No. But is it happier that it's around $100 than going up $20 every day? Of course.\"Investors were also monitoring for any impact from Friday's  \"triple witching,\" in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.The Dow Jones Industrial Average rose 274.17 points, or 0.8%, to 34,754.93, the S&P 500 gained 51.45 points, or 1.17%, to 4,463.12 and the Nasdaq Composite added 279.06 points, or 2.05%, to 13,893.84.Wall Street's three main indexes boasted their biggest weekly percentage gains since early November 2020 with the S&P adding 6.2% while the Dow rose 5.5% and the Nasdaq jumping 8.2%.Ten of the 11 major S&P 500 sectors closed higher, with heavyweight technology and consumer discretionary both finishing up 2.2% while communication services rising 1.4%.The only declining sector was utilities which ended the session down 0.9%.Moderna Inc closed up 6.3% after the drugmaker submitted a request to the U.S. Food and Drug Administration to allow for a second booster of its COVID-19 vaccine.Shares of Boeing Co finished up 1.4% after reports the planemaker was edging toward a landmark order from Delta Air Lines    for up to 100 of its 737 MAX 10 jets.But shares in U.S. delivery firm FedEx Corp slumped almost 4% after a weaker-than-expected quarterly earnings report.Advancing issues outnumbered declining ones on the NYSE by a 2.20-to-1 ratio; on Nasdaq, a 2.19-to-1 ratio favored advancers.The S&P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 44 new highs and 41 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032583658,"gmtCreate":1647398774395,"gmtModify":1676534225302,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"like&nbsp;","listText":"like&nbsp;","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032583658","repostId":"2219341807","repostType":4,"repost":{"id":"2219341807","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":1647384621,"share":"https://ttm.financial/m/news/2219341807?lang=&edition=fundamental","pubTime":"2022-03-16 06:50","market":"us","language":"en","title":"Wall Street Jumps as S&P Snaps 3-Day Slump; Fed on Tap","url":"https://stock-news.laohu8.com/highlight/detail?id=2219341807","media":"Reuters","summary":"* Airlines rise on forecasts* Energy shares fall as oil drops below $100 a barrel* Dow up 1.82%, S&P 500 up 2.14%, Nasdaq up 2.92%NEW YORK, March 15 (Reuters) - U.S. stocks rallied on Tuesday and the ","content":"<html><head></head><body><p>* Airlines rise on forecasts</p><p>* Energy shares fall as oil drops below $100 a barrel</p><p>* Dow up 1.82%, S&amp;P 500 up 2.14%, Nasdaq up 2.92%</p><p>NEW YORK, March 15 (Reuters) - U.S. stocks rallied on Tuesday and the S&amp;P 500 ended a 3-day skid as another drop in oil prices and a softer-than-expected reading on producer prices helped ease inflation fears among investors, with the focus turning to the Federal Reserve&#39;s upcoming policy announcement.</p><p>Brent crude settled below $100 a barrel after rocketing higher to more than $139 last week, providing some temporary relief for equity investors that have seen stocks come under pressure this year from surging inflation concerns, uncertainty over the Fed&#39;s policy path to tame rising prices and more recently, escalating conflict in Ukraine.</p><p>U.S. producer prices increased solidly in February as the cost of goods like gasoline surged, and further gains are in the pipeline following Russia&#39;s invasion of Ukraine, which has made crude oil and other commodities more expensive.</p><p>Still, the data for the 12 months through February matched expectations predicting a 10% increase in producer prices, while the producer price index for final demand on a monthly basis increased 0.8%, just shy of the 0.9% estimate and lower than the 1.2% increase registered in January.</p><p>The market is now fully pricing in a rate hike of at least 25 basis points when the central bank makes its policy statement on Wednesday. Investors will also be closely watching the Fed&#39;s projections for the path of rate hikes this year and in coming years to rein in inflation.</p><p>Fed Chairman Jerome Powell has recently floated multiple rate hikes this year as the Fed seeks to curb inflation.</p><p>&#34;The fact is (PPI) was weaker than the expectation so therefore the idea that Jay Powell is right going 25 basis points seems to be the way the market feels today, that could change tomorrow,&#34; said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>&#34;The market is in a very oversold position, there are still going to be bumpy roads ahead but today could just be one of those snap-back rallies like we saw last week.&#34;</p><p>The Dow Jones Industrial Average rose 599.1 points, or 1.82%, to 33,544.34, the S&amp;P 500 gained 89.34 points, or 2.14%, to 4,262.45 and the Nasdaq Composite added 367.40 points, or 2.92%, to 12,948.62.</p><p>The S&amp;P 500 slumped about 2.4% in the prior three sessions and recently joined the Dow, Nasdaq and Russell 2000    in forming a &#34;death cross&#34; technical pattern, when a short-term moving average crosses below a longer-term moving average, which some investors believe signals more near-term weakness is likely.</p><p>Ten of the 11 major S&amp;P sectors advanced, with technology and consumer discretionary stocks leading the way while energy, the sole positive sector on the year, slumped nearly 4% on the day along with crude prices.</p><p>Megacap growth stocks gained with Microsoft Corp up 3.87% and Apple up 2.97%, providing the biggest boosts to the S&amp;P 500 and the Nasdaq.</p><p>Meanwhile, investors also closely tracked a jump in daily COVID-19 infections in China for the possibility of denting global economic growth, and progress in Ukraine-Russia talks to end their weeks-long conflict.</p><p>In the latest hint at compromise, Ukrainian President Volodymyr Zelenskiy said Kyiv was prepared to accept security guarantees that stop short of its long-term objective of the NATO alliance membership, which Moscow opposes.</p><p>Delta Air Lines Inc gained 8.70% and United Airlines jumped 9.19% after the U.S. carriers raised their current-quarter revenue forecasts, even as they trimmed capacity. The Arca Airline index climbed 5.57%.</p><p>Volume on U.S. exchanges was 13.46 billion shares, compared with the 13.78 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.07-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 21 new highs and 386 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Jumps as S&P Snaps 3-Day Slump; Fed on Tap</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\">\nWall Street Jumps as S&P Snaps 3-Day Slump; Fed on Tap\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\">2022-03-16 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Airlines rise on forecasts</p><p>* Energy shares fall as oil drops below $100 a barrel</p><p>* Dow up 1.82%, S&amp;P 500 up 2.14%, Nasdaq up 2.92%</p><p>NEW YORK, March 15 (Reuters) - U.S. stocks rallied on Tuesday and the S&amp;P 500 ended a 3-day skid as another drop in oil prices and a softer-than-expected reading on producer prices helped ease inflation fears among investors, with the focus turning to the Federal Reserve&#39;s upcoming policy announcement.</p><p>Brent crude settled below $100 a barrel after rocketing higher to more than $139 last week, providing some temporary relief for equity investors that have seen stocks come under pressure this year from surging inflation concerns, uncertainty over the Fed&#39;s policy path to tame rising prices and more recently, escalating conflict in Ukraine.</p><p>U.S. producer prices increased solidly in February as the cost of goods like gasoline surged, and further gains are in the pipeline following Russia&#39;s invasion of Ukraine, which has made crude oil and other commodities more expensive.</p><p>Still, the data for the 12 months through February matched expectations predicting a 10% increase in producer prices, while the producer price index for final demand on a monthly basis increased 0.8%, just shy of the 0.9% estimate and lower than the 1.2% increase registered in January.</p><p>The market is now fully pricing in a rate hike of at least 25 basis points when the central bank makes its policy statement on Wednesday. Investors will also be closely watching the Fed&#39;s projections for the path of rate hikes this year and in coming years to rein in inflation.</p><p>Fed Chairman Jerome Powell has recently floated multiple rate hikes this year as the Fed seeks to curb inflation.</p><p>&#34;The fact is (PPI) was weaker than the expectation so therefore the idea that Jay Powell is right going 25 basis points seems to be the way the market feels today, that could change tomorrow,&#34; said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>&#34;The market is in a very oversold position, there are still going to be bumpy roads ahead but today could just be one of those snap-back rallies like we saw last week.&#34;</p><p>The Dow Jones Industrial Average rose 599.1 points, or 1.82%, to 33,544.34, the S&amp;P 500 gained 89.34 points, or 2.14%, to 4,262.45 and the Nasdaq Composite added 367.40 points, or 2.92%, to 12,948.62.</p><p>The S&amp;P 500 slumped about 2.4% in the prior three sessions and recently joined the Dow, Nasdaq and Russell 2000    in forming a &#34;death cross&#34; technical pattern, when a short-term moving average crosses below a longer-term moving average, which some investors believe signals more near-term weakness is likely.</p><p>Ten of the 11 major S&amp;P sectors advanced, with technology and consumer discretionary stocks leading the way while energy, the sole positive sector on the year, slumped nearly 4% on the day along with crude prices.</p><p>Megacap growth stocks gained with Microsoft Corp up 3.87% and Apple up 2.97%, providing the biggest boosts to the S&amp;P 500 and the Nasdaq.</p><p>Meanwhile, investors also closely tracked a jump in daily COVID-19 infections in China for the possibility of denting global economic growth, and progress in Ukraine-Russia talks to end their weeks-long conflict.</p><p>In the latest hint at compromise, Ukrainian President Volodymyr Zelenskiy said Kyiv was prepared to accept security guarantees that stop short of its long-term objective of the NATO alliance membership, which Moscow opposes.</p><p>Delta Air Lines Inc gained 8.70% and United Airlines jumped 9.19% after the U.S. carriers raised their current-quarter revenue forecasts, even as they trimmed capacity. The Arca Airline index climbed 5.57%.</p><p>Volume on U.S. exchanges was 13.46 billion shares, compared with the 13.78 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.07-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 21 new highs and 386 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","MSFT":"微软","DJX":"1/100道琼斯","BK4170":"电脑硬件、储存设备及电脑周边","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","QID":"纳指两倍做空ETF","BK4570":"地缘局势概念股","BK4554":"元宇宙及AR概念","BK4553":"喜马拉雅资本持仓","IVV":"标普500指数ETF","BK4534":"瑞士信贷持仓","DAL":"达美航空","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4566":"资本集团","OEF":"标普100指数ETF-iShares","SQQQ":"纳指三倍做空ETF","BK4501":"段永平概念","BK4527":"明星科技股","QLD":"纳指两倍做多ETF","DXD":"道指两倍做空ETF","BK4579":"人工智能","SPXU":"三倍做空标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","BK4500":"航空公司",".DJI":"道琼斯","SDOW":"道指三倍做空ETF-ProShares","DOG":"道指反向ETF","DDM":"道指两倍做多ETF","BK4574":"无人驾驶","SSO":"两倍做多标普500ETF",".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF","OEX":"标普100",".SPX":"S&P 500 Index","SDS":"两倍做空标普500ETF","BK4505":"高瓴资本持仓","TQQQ":"纳指三倍做多ETF","BK4581":"高盛持仓","BK4512":"苹果概念","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2219341807","content_text":"* Airlines rise on forecasts* Energy shares fall as oil drops below $100 a barrel* Dow up 1.82%, S&P 500 up 2.14%, Nasdaq up 2.92%NEW YORK, March 15 (Reuters) - U.S. stocks rallied on Tuesday and the S&P 500 ended a 3-day skid as another drop in oil prices and a softer-than-expected reading on producer prices helped ease inflation fears among investors, with the focus turning to the Federal Reserve's upcoming policy announcement.Brent crude settled below $100 a barrel after rocketing higher to more than $139 last week, providing some temporary relief for equity investors that have seen stocks come under pressure this year from surging inflation concerns, uncertainty over the Fed's policy path to tame rising prices and more recently, escalating conflict in Ukraine.U.S. producer prices increased solidly in February as the cost of goods like gasoline surged, and further gains are in the pipeline following Russia's invasion of Ukraine, which has made crude oil and other commodities more expensive.Still, the data for the 12 months through February matched expectations predicting a 10% increase in producer prices, while the producer price index for final demand on a monthly basis increased 0.8%, just shy of the 0.9% estimate and lower than the 1.2% increase registered in January.The market is now fully pricing in a rate hike of at least 25 basis points when the central bank makes its policy statement on Wednesday. Investors will also be closely watching the Fed's projections for the path of rate hikes this year and in coming years to rein in inflation.Fed Chairman Jerome Powell has recently floated multiple rate hikes this year as the Fed seeks to curb inflation.\"The fact is (PPI) was weaker than the expectation so therefore the idea that Jay Powell is right going 25 basis points seems to be the way the market feels today, that could change tomorrow,\" said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.\"The market is in a very oversold position, there are still going to be bumpy roads ahead but today could just be one of those snap-back rallies like we saw last week.\"The Dow Jones Industrial Average rose 599.1 points, or 1.82%, to 33,544.34, the S&P 500 gained 89.34 points, or 2.14%, to 4,262.45 and the Nasdaq Composite added 367.40 points, or 2.92%, to 12,948.62.The S&P 500 slumped about 2.4% in the prior three sessions and recently joined the Dow, Nasdaq and Russell 2000    in forming a \"death cross\" technical pattern, when a short-term moving average crosses below a longer-term moving average, which some investors believe signals more near-term weakness is likely.Ten of the 11 major S&P sectors advanced, with technology and consumer discretionary stocks leading the way while energy, the sole positive sector on the year, slumped nearly 4% on the day along with crude prices.Megacap growth stocks gained with Microsoft Corp up 3.87% and Apple up 2.97%, providing the biggest boosts to the S&P 500 and the Nasdaq.Meanwhile, investors also closely tracked a jump in daily COVID-19 infections in China for the possibility of denting global economic growth, and progress in Ukraine-Russia talks to end their weeks-long conflict.In the latest hint at compromise, Ukrainian President Volodymyr Zelenskiy said Kyiv was prepared to accept security guarantees that stop short of its long-term objective of the NATO alliance membership, which Moscow opposes.Delta Air Lines Inc gained 8.70% and United Airlines jumped 9.19% after the U.S. carriers raised their current-quarter revenue forecasts, even as they trimmed capacity. The Arca Airline index climbed 5.57%.Volume on U.S. exchanges was 13.46 billion shares, compared with the 13.78 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 2.07-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored advancers.The S&P 500 posted 12 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 21 new highs and 386 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092136533,"gmtCreate":1644549646998,"gmtModify":1676533940237,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092136533","repostId":"2210187875","repostType":4,"repost":{"id":"2210187875","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":1644532585,"share":"https://ttm.financial/m/news/2210187875?lang=&edition=fundamental","pubTime":"2022-02-11 06:36","market":"us","language":"en","title":"Wall Street Ends down Sharply on Fears of Aggressive Fed Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=2210187875","media":"Reuters","summary":"* CPI rose 7.5% in January, above estimates* Bullard \"dramatically\" more hawkish* Disney jumps on upbeat quarterly results* Indexes: Dow -1.47%, S&P 500 -1.81%, Nasdaq -2.10%Feb 10 (Reuters) - Wall St","content":"<html><head></head><body><p>* CPI rose 7.5% in January, above estimates</p><p>* Bullard &#34;dramatically&#34; more hawkish</p><p>* Disney jumps on upbeat quarterly results</p><p>* Indexes: Dow -1.47%, S&amp;P 500 -1.81%, Nasdaq -2.10%</p><p>Feb 10 (Reuters) - Wall Street ended sharply lower on Thursday after U.S. consumer prices data came in hotter than expected and subsequent comments from a Federal Reserve official raised fears the U.S. central bank will hike rates aggressively to fight inflation.</p><p>U.S. Labor Department data showed consumer prices surged 7.5% last month on a year-over-year basis, topping economists&#39; estimates of 7.3% and marking the biggest annual increase in inflation in 40 years.</p><p>U.S. stocks fell further after St. Louis Federal Reserve Bank President James Bullard said the data had made him &#34;dramatically&#34; more hawkish. Bullard, a voting member of the Fed&#39;s rate-setting committee this year, said he now wanted a full percentage point of interest rate hikes by July 1.</p><p>&#34;Inflation tends to be kryptonite to valuations. Higher inflation causes multiples to compress, and that&#39;s what we&#39;re experiencing right now,&#34; said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis.</p><p>&#34;Volatility is likely to remain until in the number and magnitude of Fed rate hikes is better known.&#34;</p><p>Within minutes of Bullard comments, rate futures contracts were fully pricing an increase in the Fed&#39;s target range for its policy rate to 1%-1.25% by the end of its policy meeting in June, with some bets on an even steeper rate hike path.</p><p>Megacap growth stocks Tesla Inc, Nvidia and Microsoft each lost around 3%.</p><p>The Dow Jones Industrial Average fell 1.47% to end at 35,241.59 points, while the S&amp;P 500 lost 1.81% to 4,504.06.</p><p>The Nasdaq Composite dropped 2.1% to 14,185.64. It was the seventh time in 2022 that the Nasdaq lost more than 2% in a session.</p><p>The S&amp;P 500 is now down about 5% in 2022, and the Nasdaq is down about 9%.</p><p>All of the 11 S&amp;P 500 sector indexes declined, with technology, down 2.75%, and real estate, down 2.86%, leading the way lower.</p><p>Meanwhile, U.S. companies continued to report upbeat quarterly results. With 78% of the S&amp;P 500 companies that have reported results beating analysts&#39; profit estimates, according to Refinitiv data.</p><p>Walt Disney Co rose 3.4% after beating revenue and profit estimates on strong subscriber additions and attendance at U.S. theme parks.</p><p>Barbie maker Mattel Inc and cereal maker Kellogg Co gained 7.65% and 3.11%, respectively, after forecasting full-year profits above market expectations.</p><p>Thursday&#39;s session was busy. Volume on U.S. exchanges was 12.8 billion shares, compared with a 12.5 billion average over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.08-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 31 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 55 new highs and 102 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Ends down Sharply on Fears of Aggressive Fed Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Ends down Sharply on Fears of Aggressive Fed Rate Hikes\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\">2022-02-11 06:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* CPI rose 7.5% in January, above estimates</p><p>* Bullard &#34;dramatically&#34; more hawkish</p><p>* Disney jumps on upbeat quarterly results</p><p>* Indexes: Dow -1.47%, S&amp;P 500 -1.81%, Nasdaq -2.10%</p><p>Feb 10 (Reuters) - Wall Street ended sharply lower on Thursday after U.S. consumer prices data came in hotter than expected and subsequent comments from a Federal Reserve official raised fears the U.S. central bank will hike rates aggressively to fight inflation.</p><p>U.S. Labor Department data showed consumer prices surged 7.5% last month on a year-over-year basis, topping economists&#39; estimates of 7.3% and marking the biggest annual increase in inflation in 40 years.</p><p>U.S. stocks fell further after St. Louis Federal Reserve Bank President James Bullard said the data had made him &#34;dramatically&#34; more hawkish. Bullard, a voting member of the Fed&#39;s rate-setting committee this year, said he now wanted a full percentage point of interest rate hikes by July 1.</p><p>&#34;Inflation tends to be kryptonite to valuations. Higher inflation causes multiples to compress, and that&#39;s what we&#39;re experiencing right now,&#34; said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis.</p><p>&#34;Volatility is likely to remain until in the number and magnitude of Fed rate hikes is better known.&#34;</p><p>Within minutes of Bullard comments, rate futures contracts were fully pricing an increase in the Fed&#39;s target range for its policy rate to 1%-1.25% by the end of its policy meeting in June, with some bets on an even steeper rate hike path.</p><p>Megacap growth stocks Tesla Inc, Nvidia and Microsoft each lost around 3%.</p><p>The Dow Jones Industrial Average fell 1.47% to end at 35,241.59 points, while the S&amp;P 500 lost 1.81% to 4,504.06.</p><p>The Nasdaq Composite dropped 2.1% to 14,185.64. It was the seventh time in 2022 that the Nasdaq lost more than 2% in a session.</p><p>The S&amp;P 500 is now down about 5% in 2022, and the Nasdaq is down about 9%.</p><p>All of the 11 S&amp;P 500 sector indexes declined, with technology, down 2.75%, and real estate, down 2.86%, leading the way lower.</p><p>Meanwhile, U.S. companies continued to report upbeat quarterly results. With 78% of the S&amp;P 500 companies that have reported results beating analysts&#39; profit estimates, according to Refinitiv data.</p><p>Walt Disney Co rose 3.4% after beating revenue and profit estimates on strong subscriber additions and attendance at U.S. theme parks.</p><p>Barbie maker Mattel Inc and cereal maker Kellogg Co gained 7.65% and 3.11%, respectively, after forecasting full-year profits above market expectations.</p><p>Thursday&#39;s session was busy. Volume on U.S. exchanges was 12.8 billion shares, compared with a 12.5 billion average over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.08-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 31 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 55 new highs and 102 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TSLA":"特斯拉","NVDA":"英伟达","BK4504":"桥水持仓","BK4099":"汽车制造商","MAT":"美国美泰公司","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4190":"消闲用品","DIS":"迪士尼","SPY":"标普500ETF","BK4212":"包装食品与肉类","K":"家乐氏","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","MSFT":"微软","BK4527":"明星科技股","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210187875","content_text":"* CPI rose 7.5% in January, above estimates* Bullard \"dramatically\" more hawkish* Disney jumps on upbeat quarterly results* Indexes: Dow -1.47%, S&P 500 -1.81%, Nasdaq -2.10%Feb 10 (Reuters) - Wall Street ended sharply lower on Thursday after U.S. consumer prices data came in hotter than expected and subsequent comments from a Federal Reserve official raised fears the U.S. central bank will hike rates aggressively to fight inflation.U.S. Labor Department data showed consumer prices surged 7.5% last month on a year-over-year basis, topping economists' estimates of 7.3% and marking the biggest annual increase in inflation in 40 years.U.S. stocks fell further after St. Louis Federal Reserve Bank President James Bullard said the data had made him \"dramatically\" more hawkish. Bullard, a voting member of the Fed's rate-setting committee this year, said he now wanted a full percentage point of interest rate hikes by July 1.\"Inflation tends to be kryptonite to valuations. Higher inflation causes multiples to compress, and that's what we're experiencing right now,\" said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis.\"Volatility is likely to remain until in the number and magnitude of Fed rate hikes is better known.\"Within minutes of Bullard comments, rate futures contracts were fully pricing an increase in the Fed's target range for its policy rate to 1%-1.25% by the end of its policy meeting in June, with some bets on an even steeper rate hike path.Megacap growth stocks Tesla Inc, Nvidia and Microsoft each lost around 3%.The Dow Jones Industrial Average fell 1.47% to end at 35,241.59 points, while the S&P 500 lost 1.81% to 4,504.06.The Nasdaq Composite dropped 2.1% to 14,185.64. It was the seventh time in 2022 that the Nasdaq lost more than 2% in a session.The S&P 500 is now down about 5% in 2022, and the Nasdaq is down about 9%.All of the 11 S&P 500 sector indexes declined, with technology, down 2.75%, and real estate, down 2.86%, leading the way lower.Meanwhile, U.S. companies continued to report upbeat quarterly results. With 78% of the S&P 500 companies that have reported results beating analysts' profit estimates, according to Refinitiv data.Walt Disney Co rose 3.4% after beating revenue and profit estimates on strong subscriber additions and attendance at U.S. theme parks.Barbie maker Mattel Inc and cereal maker Kellogg Co gained 7.65% and 3.11%, respectively, after forecasting full-year profits above market expectations.Thursday's session was busy. Volume on U.S. exchanges was 12.8 billion shares, compared with a 12.5 billion average over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 3.08-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored decliners.The S&P 500 posted 31 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 55 new highs and 102 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925216817,"gmtCreate":1672030514239,"gmtModify":1676538624528,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9925216817","repostId":"2293524502","repostType":4,"repost":{"id":"2293524502","pubTimestamp":1672025230,"share":"https://ttm.financial/m/news/2293524502?lang=&edition=fundamental","pubTime":"2022-12-26 11:27","market":"us","language":"en","title":"Can Tesla Be a Value Stock? How It’s Going to Get There","url":"https://stock-news.laohu8.com/highlight/detail?id=2293524502","media":"Barron's","summary":"Tesla‘s stock price action has brought no joy to shareholders this holiday season. The numbers look ","content":"<html><head></head><body><p>Tesla‘s stock price action has brought no joy to shareholders this holiday season. The numbers look awful and upsetting to bulls. It’s getting so bad that shares could start looking good to a group that doesn’t typically look at Tesla: value investors.</p><p>Tesla (ticker: TSLA) stock has been a brutal performer for months. Shares have fallen roughly 55% over the past three months and 65% this year. The stock has declined roughly 45% since Elon Musk took over Twitter, underperforming the Nasdaq Composite by roughly 40 percentage points over that span. Tesla stock underperformed General Motors(GM) shares by about 35 percentage points since the social media takeover. Tesla shares haven’t been this low since late 2020. Those are the numbers staring Tesla investors in the face.</p><p>But all the declines have left Tesla stock trading for 22 times estimated 2023 earnings. That’s the lowest P/E ratio for Tesla stock ever. Morgan Stanley analyst Adam Jonas called recent declines a buying opportunity in a report last week. The stock was about $140 then. Tesla shares closed just above $123 on Friday. He rates Tesla shares a Buy and has a $330 price target for the stock.</p><p>Others on Wall Street also are seeing opportunity. “Tesla is way oversold on the Twitter/Musk overhang and has gone from a high multiple growth stock to a potential value name in 2023,” Wedbush analyst Dan Ives told <i>Barron’s</i>. “As a disruptive technology name Tesla is being treated as a villain by Wall Street and is approaching very attractive levels by long-term investors.” Ives is a Tesla bull, rating shares Buy. His price target is $175.</p><p>Tesla as a value stock is an interesting thought. It’s been a growth stock since it came to market back in 2010. Shares have traded at roughly 60 times earnings on average for the past few years, a big multiple backed up by big growth. Sales and earnings have grown at roughly 60% and 130% a year, on average, for the past two years.</p><p>Tesla is still growing. Wall Street expects sales and earnings to advance at average annual rates of about 38% and 32%, respectively, for the coming two years.</p><p>Potential growth hasn’t been good enough for nervous growth investors who have sold most richly valued growth stocks, along with Tesla shares, this year. The Russell 1000 Growth Index has fallen roughly 30% this year. The Russell 1000 Value Index has outperformed in 2022 by roughly 20 percentage points.</p><p>One reason growth stocks go into free fall is because there is a sizable gap between the price a growth investor will pay for a stock and what a value investor will pay for a stock. When growth investors lose interest, or get nervous, there is a long way to go before contrarian value investors are willing to take a look.</p><p>The Russell 1000 Growth Index still trades at a big premium to its value cousin, at about 21 times estimated 2023 earnings. The Russell 1000 Value Index trades for about 14 times estimated 2023 earnings.</p><p>Tesla isn’t at 14 times earnings yet, but it might not have to get there to become a value idea.</p><p>John Roque, senior managing director at 22V Research, believes Tesla stock can drop all the way to $100. He’s looking at the stock chart for support. He isn’t concerned with fundamentals.</p><p>For the stock to stop dropping someone has to start buying, and at Roque’s $100 number Tesla shares would be at less than 17 times some of the higher 2023 estimates on Wall Street. That’s, very roughly, what the S&amp;P 500 is trading at. That might be low enough for value investors to buy — if they believe those 2023 estimates.</p><p>Tesla’s 2023 estimates have been remarkably stable while the stock has dropped like a stone, but estimates are coming in a little. In August, investors expected Tesla to earn more than $6 a share in 2023. That number has slipped roughly 5% to about $5.66 a share, according to FactSet.</p><p>Roth Capital analyst Craig Irwin said it’s hard to pick a bottom when estimates are falling. He rates Tesla shares at Hold. Irwin’s price target is $85, according to FactSet.</p><p>Estimates are getting cut because Wall Street is worried about the economy and car demand. CarMax (KMX), on Thursday, shocked analysts after reporting far lower-than-expected sales and earnings for its fiscal third quarter. The company cited affordability problems due to rising interest rates combined with higher car prices.</p><p>There are some reasons to be optimistic. Canaccord analyst George Gianarikas wrote Wednesday that there are some “green shoots” for EV demand. Two important ones are new EV purchase tax credits in the U.S. and China easing its zero-Covid policies. Citi analyst Jeff Chung covers the Chinese auto industry and he sees Chinese EV sales hitting 8.5 million units in 2023, up 33% from 2022.</p><p>Gianarikas rates Tesla stock Buy. His target is $275 a share. Chung doesn’t cover Tesla stock.</p><p>There are pluses and minuses for investors to consider. But if estimates turn out to be close for Tesla in 2023 and 2024 then shares are, frankly, cheap. What is cheap enough remains to be seen.</p></body></html>","source":"lsy1610680873436","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>Can Tesla Be a Value Stock? How It’s Going to Get There</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\">\nCan Tesla Be a Value Stock? How It’s Going to Get There\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-26 11:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-value-stock-51671803531?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla‘s stock price action has brought no joy to shareholders this holiday season. The numbers look awful and upsetting to bulls. It’s getting so bad that shares could start looking good to a group ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-value-stock-51671803531?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4214":"汽车零售","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","TSLA":"特斯拉","BK4527":"明星科技股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4550":"红杉资本持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4551":"寇图资本持仓","BK4574":"无人驾驶","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4561":"索罗斯持仓","BK4581":"高盛持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4511":"特斯拉概念","LU2063271972.USD":"富兰克林创新领域基金","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","BK4585":"ETF&股票定投概念","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","BK1511":"疑似财技股","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","BK1117":"系统软件","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU1548497426.USD":"安联环球人工智能AT Acc","BK4534":"瑞士信贷持仓"},"source_url":"https://www.barrons.com/articles/tesla-value-stock-51671803531?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2293524502","content_text":"Tesla‘s stock price action has brought no joy to shareholders this holiday season. The numbers look awful and upsetting to bulls. It’s getting so bad that shares could start looking good to a group that doesn’t typically look at Tesla: value investors.Tesla (ticker: TSLA) stock has been a brutal performer for months. Shares have fallen roughly 55% over the past three months and 65% this year. The stock has declined roughly 45% since Elon Musk took over Twitter, underperforming the Nasdaq Composite by roughly 40 percentage points over that span. Tesla stock underperformed General Motors(GM) shares by about 35 percentage points since the social media takeover. Tesla shares haven’t been this low since late 2020. Those are the numbers staring Tesla investors in the face.But all the declines have left Tesla stock trading for 22 times estimated 2023 earnings. That’s the lowest P/E ratio for Tesla stock ever. Morgan Stanley analyst Adam Jonas called recent declines a buying opportunity in a report last week. The stock was about $140 then. Tesla shares closed just above $123 on Friday. He rates Tesla shares a Buy and has a $330 price target for the stock.Others on Wall Street also are seeing opportunity. “Tesla is way oversold on the Twitter/Musk overhang and has gone from a high multiple growth stock to a potential value name in 2023,” Wedbush analyst Dan Ives told Barron’s. “As a disruptive technology name Tesla is being treated as a villain by Wall Street and is approaching very attractive levels by long-term investors.” Ives is a Tesla bull, rating shares Buy. His price target is $175.Tesla as a value stock is an interesting thought. It’s been a growth stock since it came to market back in 2010. Shares have traded at roughly 60 times earnings on average for the past few years, a big multiple backed up by big growth. Sales and earnings have grown at roughly 60% and 130% a year, on average, for the past two years.Tesla is still growing. Wall Street expects sales and earnings to advance at average annual rates of about 38% and 32%, respectively, for the coming two years.Potential growth hasn’t been good enough for nervous growth investors who have sold most richly valued growth stocks, along with Tesla shares, this year. The Russell 1000 Growth Index has fallen roughly 30% this year. The Russell 1000 Value Index has outperformed in 2022 by roughly 20 percentage points.One reason growth stocks go into free fall is because there is a sizable gap between the price a growth investor will pay for a stock and what a value investor will pay for a stock. When growth investors lose interest, or get nervous, there is a long way to go before contrarian value investors are willing to take a look.The Russell 1000 Growth Index still trades at a big premium to its value cousin, at about 21 times estimated 2023 earnings. The Russell 1000 Value Index trades for about 14 times estimated 2023 earnings.Tesla isn’t at 14 times earnings yet, but it might not have to get there to become a value idea.John Roque, senior managing director at 22V Research, believes Tesla stock can drop all the way to $100. He’s looking at the stock chart for support. He isn’t concerned with fundamentals.For the stock to stop dropping someone has to start buying, and at Roque’s $100 number Tesla shares would be at less than 17 times some of the higher 2023 estimates on Wall Street. That’s, very roughly, what the S&P 500 is trading at. That might be low enough for value investors to buy — if they believe those 2023 estimates.Tesla’s 2023 estimates have been remarkably stable while the stock has dropped like a stone, but estimates are coming in a little. In August, investors expected Tesla to earn more than $6 a share in 2023. That number has slipped roughly 5% to about $5.66 a share, according to FactSet.Roth Capital analyst Craig Irwin said it’s hard to pick a bottom when estimates are falling. He rates Tesla shares at Hold. Irwin’s price target is $85, according to FactSet.Estimates are getting cut because Wall Street is worried about the economy and car demand. CarMax (KMX), on Thursday, shocked analysts after reporting far lower-than-expected sales and earnings for its fiscal third quarter. The company cited affordability problems due to rising interest rates combined with higher car prices.There are some reasons to be optimistic. Canaccord analyst George Gianarikas wrote Wednesday that there are some “green shoots” for EV demand. Two important ones are new EV purchase tax credits in the U.S. and China easing its zero-Covid policies. Citi analyst Jeff Chung covers the Chinese auto industry and he sees Chinese EV sales hitting 8.5 million units in 2023, up 33% from 2022.Gianarikas rates Tesla stock Buy. His target is $275 a share. Chung doesn’t cover Tesla stock.There are pluses and minuses for investors to consider. But if estimates turn out to be close for Tesla in 2023 and 2024 then shares are, frankly, cheap. What is cheap enough remains to be seen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967877084,"gmtCreate":1670303015648,"gmtModify":1676538340792,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9967877084","repostId":"2289286198","repostType":4,"repost":{"id":"2289286198","pubTimestamp":1670293847,"share":"https://ttm.financial/m/news/2289286198?lang=&edition=fundamental","pubTime":"2022-12-06 10:30","market":"us","language":"en","title":"NIO Is Taking Off - Buy The Bottom","url":"https://stock-news.laohu8.com/highlight/detail?id=2289286198","media":"Seeking Alpha","summary":"SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, ","content":"<html><head></head><body><h2>Summary</h2><ul><li>It&#39;s been a while since NIO could be called cheap.</li><li>NIO&#39;s stock went on a roller coaster ride, declining by 85% from peak to trough.</li><li>Now with shares back around their 2020 levels NIO is a strong buy again.</li><li>Economies of scale, competitive advantages, and other elements should enable NIO to surpass future earnings estimates.</li><li>NIO&#39;s stock likely bottomed and should continue moving higher in the coming years.</li></ul><h2>NIO - Finally Cheap Again</h2><p>It&#39;s been a long time since <a href=\"https://laohu8.com/S/NIO\">NIO</a> was considered a bargain, but we are at that stage now. Its share price has remained relatively high since the early and mid days of 2020. That was the first time I bought this stock in the $10-$13 price range. Then, NIO&#39;s price increased, and I added in the $17-$20 range. I unloaded most of my NIO shares in the $50-$60 range in late 2020 and early 2021. With the stock back in the $10-$15 range, it may be an excellent time to build another longer-term position in NIO.</p><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/4/48200183-1670154716115186.png\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NIO (StockCharts.com)</p><p>NIO is gaining momentum, and as sentiment improves, the company&#39;s stock price could go much higher. Higher than anticipated revenue growth and more significant profitability may push NIO&#39;s stock price substantially higher in the coming years. At these extreme lows, NIO is a strong candidate for a 5x return by 2025 and remains a leading China segment portfolio pick for 2023 and beyond.</p><h2>NIO&#39;s Recent Results</h2><p>NIO recently missed earnings estimates by 14 cents, yet, revenue came in at $1.83 billion, beating estimates by $50 million. NIO also provided solid guidance for Q4, with expected deliveries in the 43,000-48,000 range for the fourth quarter (72-92% YoY increase). In November, NIO reported a record-high delivery number of 14,178 vehicles, a 30.3% YoY increase. NIO&#39;s delivery capacity continues to rise, while demand for NIO&#39;s vehicles remains robust. NIO should continue delivering solid revenue growth and could improve its profitability substantially as the company advances. </p><h2>NIO is a Special Case</h2><p>Many Chinese stocks may be undervalued here, but NIO is a particular case. NIO is a premium pure-play EV manufacturer, producing some of the best EVs globally. Moreover, NIO is a Chinese company, providing it with a home court advantage in the most significant EV market in the world. Furthermore, NIO is remarkably cheap relative to its Western counterparts, some of which still need to demonstrate the ability to mass-produce vehicles. </p><h2>NIO vs. Others Valuation</h2><p><b>Forward P/S Ratio </b></p><ul><li>NIO: 1.5</li><li>XPeng (XPEV): 1.34</li><li>Li Auto (LI): 1.6</li><li>Tesla (TSLA): 5</li><li>Lucid (LCID): 7</li><li>Rivian (RIVN): 5</li></ul><h4><b>The Takeaway</b></h4><p>The Chinese companies trade at significantly discounted multiples relative to their American counterparts. If NIO were valued close to Lucid&#39;s or Rivian&#39;s valuation, its stock would be around $50-$75. At about 1.5 times forward sales, NIO is dirt cheap, and the stock is a bargain.</p><h2><b>NIO&#39;s Revenues Projections </b></h2><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/5/48200183-16702274033175266.png\" tg-width=\"640\" tg-height=\"221\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue projections (SeekingAlpha.com )</p><p>Consensus revenue estimates are around $14 billion next year and roughly $18 billion in 2024. However, provided the negative sentiment associated with China, the economic slowdown, and other variables, revenue and EPS estimates have been adjusted lower in recent quarters and maybe lowballed. Realistically, NIO could generate around $15 billion in revenues next year, roughly $20 billion in 2024, and should expand sales to $25 billion or more in 2025. NIO&#39;s market cap is around $20 billion, implying a forward P/S ratio of only 1.33. Additionally, considering that NIO could bring in about <i>$25 billion</i> in revenues in 2025, its stock is trading at only around 0.8 times 2025 sales estimates now.</p><h2>Significant EPS Growth Potential</h2><p><img src=\"https://static.tigerbbs.com/fe8d5f7bf8fcedb8824d2a90edaddda9\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>EPS growth (SeekingAlpha.com)</p><p>NIO has significant earning potential, and it&#39;s well-positioned to benefit from cheap labor and improved efficiency as it expands its economies of scale. There is a high probability that due to higher productivity and efficiency, NIO can become more profitable sooner than many analysts expect now. Higher-end EPS estimates are for $0.50 in 2025, but as NIO revenue growth explodes, the company may become more profitable sooner, possibly delivering $1-$2 in EPS around the 2025-2027 timeline.</p><p><b>What NIO&#39;s stock price may look like in future years: </b></p><table><tbody><tr><td>Year</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td></tr><tr><td>Revenue Bs</td><td>$7.5</td><td>$15</td><td>$20</td><td>$26</td><td>$33</td><td>$42</td><td>$53</td></tr><tr><td>Revenue growth</td><td>32%</td><td>100%</td><td>33%</td><td>30%</td><td>28%</td><td>26%</td><td>25%</td></tr><tr><td>EPS</td><td>N/A</td><td>$0.20</td><td>$0.40</td><td>$0.95</td><td>$1.45</td><td>$1.95</td><td>$2.50</td></tr><tr><td>Forward P/E</td><td>65</td><td>60</td><td>55</td><td>50</td><td>45</td><td>40</td><td>35</td></tr><tr><td>Stock Price</td><td>$13</td><td>$24</td><td>$52</td><td>$73</td><td>$88</td><td>$100</td><td>$120</td></tr></tbody></table><p>Click to enlarge</p><p>Source: The Financial Prophet</p><h2><b>The Bottom Line - It&#39;s All About Sentiment </b></h2><p>The sentiment is crucial to any company, especially to a hyper-growth one like NIO. We see enormous revenue growth potential for NIO in future years. After the company streamlines revenues by 100% next year, we expect significant 25-35% annual revenue growth for several years. Therefore, there should be great demand and opportunity around the upcoming revenue increase phase. NIO should also improve its operations through increased efficiency and its economies of scale implementation. There is also a distinct probability that we will see gross, operating, and other income margins strengthening. Therefore, NIO&#39;s profitability and EPS could expand more significantly than expected in the coming years, and we could see NIO&#39;s stock price around $100 in several years.</p><h2>Risks to NIO</h2><p>Despite my bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO&#39;s stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO&#39;s vehicles may experience a drop-off in demand, in which case the company&#39;s share price would suffer. NIO remains an elevated-risk investment, but there is substantial reward potential if everything goes right.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Is Taking Off - Buy The Bottom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Is Taking Off - Buy The Bottom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-06 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.Now with shares back around their 2020 levels NIO is a strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2289286198","content_text":"SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.Now with shares back around their 2020 levels NIO is a strong buy again.Economies of scale, competitive advantages, and other elements should enable NIO to surpass future earnings estimates.NIO's stock likely bottomed and should continue moving higher in the coming years.NIO - Finally Cheap AgainIt's been a long time since NIO was considered a bargain, but we are at that stage now. Its share price has remained relatively high since the early and mid days of 2020. That was the first time I bought this stock in the $10-$13 price range. Then, NIO's price increased, and I added in the $17-$20 range. I unloaded most of my NIO shares in the $50-$60 range in late 2020 and early 2021. With the stock back in the $10-$15 range, it may be an excellent time to build another longer-term position in NIO.NIO (StockCharts.com)NIO is gaining momentum, and as sentiment improves, the company's stock price could go much higher. Higher than anticipated revenue growth and more significant profitability may push NIO's stock price substantially higher in the coming years. At these extreme lows, NIO is a strong candidate for a 5x return by 2025 and remains a leading China segment portfolio pick for 2023 and beyond.NIO's Recent ResultsNIO recently missed earnings estimates by 14 cents, yet, revenue came in at $1.83 billion, beating estimates by $50 million. NIO also provided solid guidance for Q4, with expected deliveries in the 43,000-48,000 range for the fourth quarter (72-92% YoY increase). In November, NIO reported a record-high delivery number of 14,178 vehicles, a 30.3% YoY increase. NIO's delivery capacity continues to rise, while demand for NIO's vehicles remains robust. NIO should continue delivering solid revenue growth and could improve its profitability substantially as the company advances. NIO is a Special CaseMany Chinese stocks may be undervalued here, but NIO is a particular case. NIO is a premium pure-play EV manufacturer, producing some of the best EVs globally. Moreover, NIO is a Chinese company, providing it with a home court advantage in the most significant EV market in the world. Furthermore, NIO is remarkably cheap relative to its Western counterparts, some of which still need to demonstrate the ability to mass-produce vehicles. NIO vs. Others ValuationForward P/S Ratio NIO: 1.5XPeng (XPEV): 1.34Li Auto (LI): 1.6Tesla (TSLA): 5Lucid (LCID): 7Rivian (RIVN): 5The TakeawayThe Chinese companies trade at significantly discounted multiples relative to their American counterparts. If NIO were valued close to Lucid's or Rivian's valuation, its stock would be around $50-$75. At about 1.5 times forward sales, NIO is dirt cheap, and the stock is a bargain.NIO's Revenues Projections Revenue projections (SeekingAlpha.com )Consensus revenue estimates are around $14 billion next year and roughly $18 billion in 2024. However, provided the negative sentiment associated with China, the economic slowdown, and other variables, revenue and EPS estimates have been adjusted lower in recent quarters and maybe lowballed. Realistically, NIO could generate around $15 billion in revenues next year, roughly $20 billion in 2024, and should expand sales to $25 billion or more in 2025. NIO's market cap is around $20 billion, implying a forward P/S ratio of only 1.33. Additionally, considering that NIO could bring in about $25 billion in revenues in 2025, its stock is trading at only around 0.8 times 2025 sales estimates now.Significant EPS Growth PotentialEPS growth (SeekingAlpha.com)NIO has significant earning potential, and it's well-positioned to benefit from cheap labor and improved efficiency as it expands its economies of scale. There is a high probability that due to higher productivity and efficiency, NIO can become more profitable sooner than many analysts expect now. Higher-end EPS estimates are for $0.50 in 2025, but as NIO revenue growth explodes, the company may become more profitable sooner, possibly delivering $1-$2 in EPS around the 2025-2027 timeline.What NIO's stock price may look like in future years: Year2022202320242025202620272028Revenue Bs$7.5$15$20$26$33$42$53Revenue growth32%100%33%30%28%26%25%EPSN/A$0.20$0.40$0.95$1.45$1.95$2.50Forward P/E65605550454035Stock Price$13$24$52$73$88$100$120Click to enlargeSource: The Financial ProphetThe Bottom Line - It's All About Sentiment The sentiment is crucial to any company, especially to a hyper-growth one like NIO. We see enormous revenue growth potential for NIO in future years. After the company streamlines revenues by 100% next year, we expect significant 25-35% annual revenue growth for several years. Therefore, there should be great demand and opportunity around the upcoming revenue increase phase. NIO should also improve its operations through increased efficiency and its economies of scale implementation. There is also a distinct probability that we will see gross, operating, and other income margins strengthening. Therefore, NIO's profitability and EPS could expand more significantly than expected in the coming years, and we could see NIO's stock price around $100 in several years.Risks to NIODespite my bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO's stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO's vehicles may experience a drop-off in demand, in which case the company's share price would suffer. NIO remains an elevated-risk investment, but there is substantial reward potential if everything goes right.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963955673,"gmtCreate":1668573742592,"gmtModify":1676538078657,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9963955673","repostId":"2283242141","repostType":4,"repost":{"id":"2283242141","pubTimestamp":1668569026,"share":"https://ttm.financial/m/news/2283242141?lang=&edition=fundamental","pubTime":"2022-11-16 11:23","market":"us","language":"en","title":"Taiwan Semiconductor: Warren Buffett Is Right On The Money","url":"https://stock-news.laohu8.com/highlight/detail?id=2283242141","media":"Seeking Alpha","summary":"Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) recently purchased $4.1 billion worth of sha","content":"<html><head></head><body><p>Warren Buffett&#39;s Berkshire Hathaway Inc. (BRK.A, BRK.B) recently purchased $4.1 billion worth of shares of $Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) (&#34;TSMC&#34;), as shown in its Q3 13F filing. While Buffett is not exactly the most tech-savvy investor, and the decision could&#39;ve been made by his top lieutenants Todd Combs and Ted Weschler, Buffett is very well known as a value investor who knows how to spot companies with favorable long-term prospects, strong financials, and an attractive valuation. Let&#39;s go through each of these qualities to understand why TSMC made Berkshire&#39;s buy list.</p><h2>1. Favorable long-term prospects</h2><p>TSMC is the world&#39;s largest contract chip manufacturer and commands over 55% of the foundry market. At the leading edge, TSMC is the undisputed leader (competitive analysis here), with an 85% market share in the 7nm process node and 90% in the 5nm process. The most advanced 3nm process is already in volume production in the current quarter, with revenue contribution expected in 2023 (3Q22 earnings analysis here). Should its closest competitor Samsung (OTCPK:SSNLF) continue to struggle with yield issues at the most leading edge, TSMC could virtually have a monopoly in the 3nm process node, where Apple (AAPL) is expected to be the first major customer.</p><p>While the industry is currently going through an inventory correction phase where smartphone and PC customers have been cutting orders, TSMC&#39;s technology leadership puts the company in a favorable spot to benefit from the secular trend towards higher silicon content in almost all digital devices, from laptops to server network processors. In 2022, the HPC platform as a percentage of total revenue exceeded the Smartphone platform for the first time in Q1.</p><p>Despite Gartner forecasts that the semiconductor industry will contract by 2.5% in 2023, TSMC sees 2023 as a growth year given that HPC is expected to be the major growth driver thanks to applications in AI, 5G, datacenters, smart cars, VR/AR, and connected devices. While the Automotive platform is still early at 5% of TSMC&#39;s revenue, this could potentially become a meaningful growth contributor as automakers embrace more semiconductor chips in the transition towards electric vehicles (&#34;EVs&#34;). All told, digital transformation is here to stay post-Covid, and the demand for higher silicon content and faster computing power remains a structural vs. cyclical tailwind for TSMC.</p><h2>2. Strong financials</h2><p>TSMC is an extremely well-managed business with a strong margin profile and a solid balance sheet. As an industry-leader in semiconductor manufacturing, TSMC boasts an average gross margin of 50% over the last 5 years and is expected to deliver GM of 55% in 2022. While management&#39;s longer-term GM target of 53%+ may face some downward pressure in 2023 due to higher N3 depreciation (2-3% impact) and lower N7 capacity utilization amidst inventory adjustments in the consumer electronics market, anywhere above 50% in the current down cycle is highly respectable.</p><p>During the 2008 financial crisis, TSMC was able to maintain a very strong margin profile where GM fell just 1.5 points from 44% in 2007 to 42.5% in 2008 and subsequently recovered to 43.7% in 2009 and 49.4% in 2010. On the bottom line, net margin fell from 33.8% in 2007 to 30% in 2008/09, but saw a strong recovery to 38.5% in 2010. While history does not guarantee future results, it should give investors a sense of how TSMC will manage through the next recession.</p><p>Turning to the balance sheet, TSMC is by no means an asset-light business considering hard assets (net property, plant &amp; equipment) make up 55% of total assets. While chip manufacturing is a capital-intensive activity where tens of billions must be spent on developing new technology and building new capacity, TSMC has historically maintained a highly liquid balance sheet where cash easily represents over 25% of total asset. The company also exited Q3 with $47 billion in cash and short-term investments against $27 billion in total debt. Needless to say, TSMC is in an extremely strong financial position as the industry enters a downturn.</p><h2>3. Attractive valuation</h2><p>Let me start this section by asking how many companies can be the absolute leaders in their respective space, command a 50%+/35%+ gross/net margin, own a fortress balance sheet, yet still trade at a significant discount to peers? The answer is not many, and TSMC certainly belongs to the list. Prior to Berkshire&#39;s disclosure, TSMC was trading at 12x 2023 consensus EPS of $6.00, which is a massive discount to Western semiconductor names like ASML (ASML)/Nvidia (NVDA)/AMD (AMD)/Intel (INTC) at 30x/37x/20x/15x.</p><h2>Conclusion</h2><p>Warren Buffett is famously known for buying companies with favorable long-term prospects, strong profitability, a healthy balance sheet, and an attractive valuation. TSMC deservedly passed all the tests when shares suffered a massive selloff in Q3, and it&#39;s my view that Berkshire Hathaway will be handsomely rewarded once the market gets through the current industry downturn and fears over the geopolitical side of the story.</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>Taiwan Semiconductor: Warren Buffett Is Right On The Money</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\">\nTaiwan Semiconductor: Warren Buffett Is Right On The Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-16 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4558091-taiwan-semiconductor-warren-buffett-is-right-on-the-money><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) recently purchased $4.1 billion worth of shares of $Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) (\"TSMC\"), as shown in its Q3 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4558091-taiwan-semiconductor-warren-buffett-is-right-on-the-money\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","TSM":"台积电"},"source_url":"https://seekingalpha.com/article/4558091-taiwan-semiconductor-warren-buffett-is-right-on-the-money","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283242141","content_text":"Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) recently purchased $4.1 billion worth of shares of $Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) (\"TSMC\"), as shown in its Q3 13F filing. While Buffett is not exactly the most tech-savvy investor, and the decision could've been made by his top lieutenants Todd Combs and Ted Weschler, Buffett is very well known as a value investor who knows how to spot companies with favorable long-term prospects, strong financials, and an attractive valuation. Let's go through each of these qualities to understand why TSMC made Berkshire's buy list.1. Favorable long-term prospectsTSMC is the world's largest contract chip manufacturer and commands over 55% of the foundry market. At the leading edge, TSMC is the undisputed leader (competitive analysis here), with an 85% market share in the 7nm process node and 90% in the 5nm process. The most advanced 3nm process is already in volume production in the current quarter, with revenue contribution expected in 2023 (3Q22 earnings analysis here). Should its closest competitor Samsung (OTCPK:SSNLF) continue to struggle with yield issues at the most leading edge, TSMC could virtually have a monopoly in the 3nm process node, where Apple (AAPL) is expected to be the first major customer.While the industry is currently going through an inventory correction phase where smartphone and PC customers have been cutting orders, TSMC's technology leadership puts the company in a favorable spot to benefit from the secular trend towards higher silicon content in almost all digital devices, from laptops to server network processors. In 2022, the HPC platform as a percentage of total revenue exceeded the Smartphone platform for the first time in Q1.Despite Gartner forecasts that the semiconductor industry will contract by 2.5% in 2023, TSMC sees 2023 as a growth year given that HPC is expected to be the major growth driver thanks to applications in AI, 5G, datacenters, smart cars, VR/AR, and connected devices. While the Automotive platform is still early at 5% of TSMC's revenue, this could potentially become a meaningful growth contributor as automakers embrace more semiconductor chips in the transition towards electric vehicles (\"EVs\"). All told, digital transformation is here to stay post-Covid, and the demand for higher silicon content and faster computing power remains a structural vs. cyclical tailwind for TSMC.2. Strong financialsTSMC is an extremely well-managed business with a strong margin profile and a solid balance sheet. As an industry-leader in semiconductor manufacturing, TSMC boasts an average gross margin of 50% over the last 5 years and is expected to deliver GM of 55% in 2022. While management's longer-term GM target of 53%+ may face some downward pressure in 2023 due to higher N3 depreciation (2-3% impact) and lower N7 capacity utilization amidst inventory adjustments in the consumer electronics market, anywhere above 50% in the current down cycle is highly respectable.During the 2008 financial crisis, TSMC was able to maintain a very strong margin profile where GM fell just 1.5 points from 44% in 2007 to 42.5% in 2008 and subsequently recovered to 43.7% in 2009 and 49.4% in 2010. On the bottom line, net margin fell from 33.8% in 2007 to 30% in 2008/09, but saw a strong recovery to 38.5% in 2010. While history does not guarantee future results, it should give investors a sense of how TSMC will manage through the next recession.Turning to the balance sheet, TSMC is by no means an asset-light business considering hard assets (net property, plant & equipment) make up 55% of total assets. While chip manufacturing is a capital-intensive activity where tens of billions must be spent on developing new technology and building new capacity, TSMC has historically maintained a highly liquid balance sheet where cash easily represents over 25% of total asset. The company also exited Q3 with $47 billion in cash and short-term investments against $27 billion in total debt. Needless to say, TSMC is in an extremely strong financial position as the industry enters a downturn.3. Attractive valuationLet me start this section by asking how many companies can be the absolute leaders in their respective space, command a 50%+/35%+ gross/net margin, own a fortress balance sheet, yet still trade at a significant discount to peers? The answer is not many, and TSMC certainly belongs to the list. Prior to Berkshire's disclosure, TSMC was trading at 12x 2023 consensus EPS of $6.00, which is a massive discount to Western semiconductor names like ASML (ASML)/Nvidia (NVDA)/AMD (AMD)/Intel (INTC) at 30x/37x/20x/15x.ConclusionWarren Buffett is famously known for buying companies with favorable long-term prospects, strong profitability, a healthy balance sheet, and an attractive valuation. TSMC deservedly passed all the tests when shares suffered a massive selloff in Q3, and it's my view that Berkshire Hathaway will be handsomely rewarded once the market gets through the current industry downturn and fears over the geopolitical side of the story.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986819177,"gmtCreate":1666920864499,"gmtModify":1676537831325,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9986819177","repostId":"1100216928","repostType":4,"repost":{"id":"1100216928","pubTimestamp":1666929303,"share":"https://ttm.financial/m/news/1100216928?lang=&edition=fundamental","pubTime":"2022-10-28 11:55","market":"us","language":"en","title":"Is Apple A Buy After FQ4 2022 Earnings? Keep Your Eyes On Services","url":"https://stock-news.laohu8.com/highlight/detail?id=1100216928","media":"Seeking Alpha","summary":"SummaryApple has been a closely watched stock this earnings season as investors look to the consumer bellwether for hints of what's to come amid mounting macro uncertainties.The company posted upbeat ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple has been a closely watched stock this earnings season as investors look to the consumer bellwether for hints of what&#39;s to come amid mounting macro uncertainties.</li><li>The company posted upbeat third quarter results, mixed with tempered growth in core iPhone and Services sales.</li><li>Yet, the company&#39;s earnings beat and sustained 70%+ margins in Services despite lighter-than-expected growth continue to underscore the critical role of the segment for Apple.</li><li>While Apple stock&#39;s outperformance this year compared to the broader market and peers potentially increases its vulnerability to further volatility, its robust fundamentals continue to support the $3 trillion thesis.</li></ul><p>Apple Inc. (NASDAQ:AAPL) has long been watched as the bellwether for consumer strength amid rising recession risks in recent months, and its latest resilience demonstrated in the September quarter with a double beat, paired with positive commentary on the business&#39;s strengths, sets a positive tone for fiscal 2023 despite looming macro uncertainties.</p><p>Apple&#39;s September-quarter results suggest that affluent spend on premium products remains resilient, despite risks of overall consumer confidence deterioration in the near term with buckling budgets amid rising interest rates and inflation. This is further corroborated by stronger iPhone 14 Pro model sales compared with relatively lackluster take-rates on the new smartphone family&#39;s base model equivalents.</p><p>We believe Apple&#39;s resilience demonstrated in the September quarter is also a result of prudent business management imposed at the decision-making level. This includes pulling forward the iPhone 14 launch to improve fiscal 2022 performance while allowing Apple to take advantage of earlier-than-expected holiday-season shopping trends this year as consumers spread out spending habits as budgets tighten amid an inflationary environment. Time and again, the value of Apple&#39;s prudent management at the decision-making level has shone through, playing a critical role in mitigating some of the impact from worsening consumer weakness observed in recent months that could have led to softer fundamentals.</p><p>Meanwhile, management&#39;s allusion to &#34;strength of [Apple&#39;s] ecosystem, unmatched customer loyalty, and [an] active installed base of devices [reaching] a new all-time high&#34; kicks off fiscal 2023 with a strong positive note, underscoring the value of its pervasive ecosystem of high-demand hardware and complementary services that have become increasingly entwined with many aspects of daily personal settings, big and small. It is also consistent with rising investors&#39; concerns about the impact of China - a critical market for Apple that showed signs of cracking after the company unleashed a rare round of discounts to attract demand over the summer.</p><p>But sustained growth in the higher-margin Services segment continues to demonstrate the value of Apple&#39;s sprawling influence over the consumer end-market. This is further corroborated by Apple&#39;s earnings beat, underscoring the strength of Services&#39; margins despite the tough consumer backdrop during the September quarter.</p><p>While the stock has not lost as much of its value compared to its tech peers and the broader market amid this year&#39;s selloff, which raises concerns that it may become more &#34;vulnerable&#34; to further multiple contraction in the near-term given increasingly fragile market sentiment, we believe it will continue to fare better than most given the underlying business&#39; robust fundamentals. Specifically, the robust momentum in Services maintained throughout the rising competition and deteriorating consumer sentiment in the third quarter continues to support its potential in ultimately accounting for half of Apple&#39;s valuation over the longer term, which reinforces the stock&#39;s$3 trillion thesis. Paired with Apple&#39;s upbeat F4Q22 results and management&#39;s positive tone on the forward prospects despite looming macro challenges, any near-term market volatility would likely continue to create compelling entry points for capitalizing on longer-term upsides.</p><p><b>Profitable Growth is Key - And Services is Here For It</b></p><p>Apple&#39;s Services segment demonstrated slower-than-expected but sustained growth in the September quarter, with sales increasing 5% y/y (inclusive of FX headwinds) and margins maintaining in the 70%-range despite inflationary pressures and consumer weakness. As discussed in our previous coverage on the stock, Apple&#39;s Services segment is becoming increasingly core to the company&#39;s long-term growth and profitability trajectory, especially with improved technological advancements in recent years and overall consumer weakness in the near-term lengthening upgrade cycles on devices.</p><p>This is also music to investors&#39; ears, as preference migrates from growth to profitability amid a souring macroeconomic outlook.</p><blockquote>In 2017, Apple - under the leadership of Tim Cook - vowed todoubleits services revenue by 2020. Since then, the segment has delivered with a multi-year compounded annual growth rate (&#34;CAGR&#34;) of more than 20%, boasting close to $68.5 billion in annual revenues during fiscal 2021, and approaching $80 billion in the current fiscal year ending this week. Earlier this year, Wall Street predicted that Apple&#39;s services segment amounts to a$1.5 trillionvalue on its own, similar to our own predictions which will be discussed in further detail below.</blockquote><blockquote>Although services sales growth has decelerated from its heights last year due to the moderation in demand from pulled-forward subscriptions during the pandemic era alongside broad-based macro weakness, the segment continues to boast robust double-digit expansion, reinforcing the bullish thesis surrounding Apple&#39;s sustained long-term growth and profitability trajectory.</blockquote><blockquote>Source: &#34;Apple Services Is On A Critical Mission&#34;</blockquote><p>We see Services&#39; critical role in safeguarding Apple&#39;s bottom line continuing into the upcoming holiday season, despite light growth and a slight miss as expected during the fiscal fourth quarter. We see our previously discussed base case where Services will continue to lead growth alongside hardware sales as a highly likely scenario as Apple navigates through macro challenges in the near term. And the company&#39;s recent decision to raise prices on some of its core Services offerings - including Apple TV+, Apple Music and the Apple One bundle - will likely give the segment&#39;s momentum another leg up heading into fiscal 2023, as opposed to weighing further on weakening consumer sentiment since Apple has a strong value proposition to do so.</p><p><b>Apple TV+</b></p><p>Apple raised the monthly Apple TV+ subscription rate from $4.99 to $6.99, and annual subscription rate from $49 to $69, which went into effect earlier this week. While the price hike for Apple TV+ is not small - a whopping 40%+ - it remains competitive relative to rival streaming platforms spanning Netflix(NFLX), Disney+(DIS), and HBO Max(WBD), to name a few, including their respective ad-supported tiers that are / will be marketed as a &#34;cheaper&#34; alternative.</p><p>We also believe Apple has the right value proposition for jacking up Apple TV+&#39;s pricing, which will effectively help reduce potential churn in the aftermath. Specifically, Apple TV+ was &#34;introduced at a very low price because it started with just a few shows and movies.&#34; But now, it has grown into an extensive library of &#34;award-winning and broadly acclaimed series, feature films, documentaries, and kids and family entertainment,&#34; which is further corroborated by its rapidly rising global market share of more than 6%, putting rival platforms on notice.</p><p>Yet, at the new price tag of $6.99 per month, Apple TV+ - which is currently ad-free and offers unlimited access to its entire catalogue of scripted and non-scripted content, alongside live sporting events such as &#34;Friday Night Baseball&#34; - the streaming platform still beats equivalents in the pricing segment. This includes Netflix and Disney+&#39;s upcoming ad-supported tier priced at $6.99 and $7.99 per month, respectively, and HBO Max&#39;s ad-supported tier priced at $10 per month, with some not even offering access to live sporting events, which is a key demand driver in streaming that Apple TV+ is benefiting from. This continues to underscore Apple TV+&#39;s pricing advantage amid weakening consumer sentiment, with its latest price hike still more competitive than similarly-priced offerings by peers, while contributing meaningfully to the Services segment profit margins over the longer term.</p><p><b>Apple Music</b></p><p>The monthly subscription rate for Apple Music will increase from $9.99 to $10.99 for individuals, and the annual subscription rate from $99 to $109. This would effectively make the service more expensive than key rival Spotify&#39;s (SPOT) equivalent which is currently priced at $9.99 per month still.</p><p>The price hike was implemented to compensate for increasing content licensing costs for creators. Although the price increase for Apple Music subscriptions may seem like it will be another blow to the service&#39;s already laggard market share(~15%) compared to Spotify&#39;s (&gt;30%), we believe it will give Apple a leg up from a business and valuation perspective.</p><p>Specifically, Spotify currently reels from narrowing profit margins due to the same cost increases identified by Apple, underscoring that similar price hikes will likely be coming soon anyway. As such, we view the increase to Apple Music prices as a strategic move that will not only contribute positively to the Services segment&#39;s bottom line but also without the risks of material churn despite consumer weakness.</p><p><b>Apple One Bundle</b></p><p>The Apple One bundle - which allows up to six service subscriptions at a discounted price - has also implemented price increases across all of its variants offered. The standard bundle (individual subscription for Apple Music, TV+, Arcade, and iCloud+ with 50GB storage) will have its monthly subscription rate increase from $14.95 to $16.95; family bundle (five-people subscription for Apple Music, TV+, Arcade, and iCloud+ with total 200GB storage) from $19.95 to $22.95; and Premier bundle (same as family bundle, plus News+ and Fitness+) from $29.95 to $32.95.</p><p>The Apple One bundle has been a key contributor to overall growth observed in Apple&#39;s service subscription volumes and overall traction since its introduction in fiscal 2021, attracting new users to pay for subscription services that they otherwise would not have subscribed to without the bundle discount. The bundle discount - even after the recent price increase - adds another positive touch to the service-specific value propositions for subscribers as discussed in the earlier section, which we view as a critical factor to mitigating risks of churn, while further bolstering Services growth.</p><p>The pricing advantage in Apple&#39;s Services segment is expected to contribute positively towards its longer-term valuation of about $1.5 trillion alone. Not only would it further improve the segment&#39;s profit margins - an increasingly prominent driver of Apple&#39;s free cash flows - but also help bolster the funding needed to support further expansion into additional services and upgrades that will aid penetration into a broader subscriber base over the longer term.</p><p><b>Near-Term Investment Risks to Consider</b></p><p><b>China Risks:</b> This has accordingly introduced demand risks to one of Apple&#39;s most core operating regions - China currently accounts of about a fifth of the company&#39;s consolidated sales and a quarter of the consolidated income. Concerns of said demand risks are further corroborated by the rare sighting of a direct pricing discount on certain devices introduced over the summer in China. Even during seasonality promotions - like back-to-school, Black Friday, and/or holiday-season sales - Apple has hardly ever offered direct pricing discounts, opting for gift card rebates on bundle purchases and/or gift-with-purchases instead.</p><p>In addition to demand risks, Apple also faces supply risks and geopolitical risks in the region.</p><p>Yet, we believe Apple has a few levers to pull still that can compensate for the said risks. On the supply front, Apple&#39;s importance to suppliers worldwide gives it leverage needed to compensate for supply-risk-driven cost efficiencies. This is consistent with Apple&#39;s power in price negotiations with key suppliers like Taiwan Semiconductor (TSM), as well as previous observations that the tech giant&#39;s &#34;size and importance to suppliers&#34; was able to help it secure key components better than peers during the peak of supply shortages. Meanwhile, on the demand front, increasing momentum in Services as discussed in the foregoing analysis is expected to partially shield Apple from hardware demand risks in China within the foreseeable future, especially with robust market share gains observed across core operating regions like the U.S. and Europe.</p><p><b>Macro Risks:</b> FX and consumer slowdown are the biggest macro risks facing Apple today. FX risks are inevitable given the company&#39;s massive overseas operations amid a surging dollar environment as the Fed remains fixed on an aggressive rate hike trajectory to counter runaway inflation. And on the consumer slowdown front, Apple&#39;s upbeat showing for the September quarter also supports continued resilience relative to peers spanning PC/smartphone makers and service providers that have been losing market share.</p><p>In our view, we believe Mac and iPad sales are most susceptible to the near-term consumer slowdown, despite better-than-expected performance in the fiscal fourth quarter. First, the segments have already benefited from pulled-forward demand in the pandemic era, meaning forward momentum will likely remain moderate, especially with the looming economic downturn. Second, lost sales driven by supply chain constraints (most prominent in iPad segment) will likely see some of it becoming permanent instead of delayed due to consumers dialing back on discretionary spending amid deteriorating economic conditions. Lastly, previous expectations for stronger commercial IT spending that have benefited enterprise demand for Apple devices will likely moderate as well as budgets pullback to brace for near-term macroeconomic uncertainties. Worsening market trends are also contributing to anticipated challenges on Mac and iPad demand within the foreseeable future - the latest tally of global PC shipments in the calendar third quarter showed an accelerated decline this year, falling 6.8% y/y in 1Q22, 15% y/y in 2Q22, and 20% y/y in 3Q22, with 4Q22 numbers expected to worsen as consumers shun big-ticket items due to weakening spending power.</p><p>Yet, momentum in Services paired with Apple&#39;s pricing advantage as discussed in the foregoing analysis remains a key business strength that is expected to partially cushion some of the near-term impact on the macro-driven slowdown in product demand. Product upgrades, such as the latest introduction of a new Mac and iPad line-up retrofitted with next-generation Apple silicon, will likely help salvage product demand as well. This is further corroborated by Apple&#39;s rapid climb to the top, dethroning legacy PC makers like Lenovo (OTCPK:LNVGY), HP (HPE), and Dell (DELL) to become theindustry leader in the first half of the year.</p><p><b>Lengthening Product Cycle Risks:</b> Improving technology at Apple is also lengthening the upgrade cycle on its line-up of devices, which will potentially stagger the Products segment&#39;s growth outlook over the longer term. But Apple still has many levers to pull from a pricing and technology point-of-view to counter risks of growth slowdown due to lengthening product cycles in our opinion. For instance, Apple&#39;s transition to in-house designed silicon is a key advantage that will help attract demand stemming from both upgrades and switches and partially offset the growth slowdown in Products given their lengthened lifecycles. The company&#39;s potential introduction of a device subscription service would also drive improved economics for its Products segment over the longer term.</p><blockquote>Nonetheless, hardware sales are expected to imminently grow slower than Apple&#39;s services sales, given product revenue cycles are comparatively lengthier. For services, recurring revenues stemming from subscriptions come on a monthly or annual basis. But for products like iPhones and Macs, their lifecycles have grown from two years in the past to now aboutthreetofouryears and more than five years, respectively, thanks to continuous technological improvements. To put into perspective, the standard iPhone 14 starts at $799, which translates to about $266 in revenue per share if broken down based on a three-year lifespan. Comparatively, an annual subscription for the Apple One Bundle starts at [$203.40 per year (or $16.95 per month)], which is not too far off from the average annual revenue per iPhone, while boasting significantly more profitable margins. And while Apple&#39;s iPhone sales may be benefiting from broader industry tailwinds stemming from 5G transition, its large installed base is bound slow in growth based on the law of large numbers, signalling the double-digit multi-year CAGRs it once enjoyed are no more. It is no wonder that the company has been reportedly working on the launch of aproduct subscription modelto safeguard better economics over the longer term.</blockquote><blockquote>Source: &#34;Apple Services Is On A Critical Mission&#34;</blockquote><p><b>Final Thoughts</b></p><p>Market sentiment is becoming increasingly fragile, with many investors looking to the performance of large and mega caps - especially Apple - for hints on what forward consumer sentiment might look like and what they mean for the broader tech sector and the economy overall ahead of rising recession risks. This is especially true given Apple, along with its mega-cap peers spanning Alphabet(GOOG/GOOGL), Microsoft(MSFT), and Amazon (AMZN), account for &#34;nearly a fifth&#34; of the S&amp;P 500&#39;s value today, or more than 30%of the tech-heavy Nasdaq 100 (Apple alone is the largest influence, accounting for 15% of the weight of the Nasdaq 100).</p><p>While Apple&#39;s valuation remains lofty at &#34;23x forward earnings, above both its long-term average and the market overall,&#34; which potentially exposes it to further volatility as market sentiment remains fragile over coming months in anticipation of a cascading economy, we believe its strong F4Q22 performance and positive tone heading into fiscal 2023 reinforces the company&#39;s fundamental strength. This means any market-driven volatility in the Apple stock over the near term will continue to create a compelling risk-reward opportunity.</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>Is Apple A Buy After FQ4 2022 Earnings? Keep Your Eyes On Services</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\">\nIs Apple A Buy After FQ4 2022 Earnings? Keep Your Eyes On Services\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-28 11:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4550088-is-apple-a-buy-after-f4q22-earnings-keep-your-eyes-on-services><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple has been a closely watched stock this earnings season as investors look to the consumer bellwether for hints of what's to come amid mounting macro uncertainties.The company posted upbeat ...</p>\n\n<a href=\"https://seekingalpha.com/article/4550088-is-apple-a-buy-after-f4q22-earnings-keep-your-eyes-on-services\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4550088-is-apple-a-buy-after-f4q22-earnings-keep-your-eyes-on-services","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100216928","content_text":"SummaryApple has been a closely watched stock this earnings season as investors look to the consumer bellwether for hints of what's to come amid mounting macro uncertainties.The company posted upbeat third quarter results, mixed with tempered growth in core iPhone and Services sales.Yet, the company's earnings beat and sustained 70%+ margins in Services despite lighter-than-expected growth continue to underscore the critical role of the segment for Apple.While Apple stock's outperformance this year compared to the broader market and peers potentially increases its vulnerability to further volatility, its robust fundamentals continue to support the $3 trillion thesis.Apple Inc. (NASDAQ:AAPL) has long been watched as the bellwether for consumer strength amid rising recession risks in recent months, and its latest resilience demonstrated in the September quarter with a double beat, paired with positive commentary on the business's strengths, sets a positive tone for fiscal 2023 despite looming macro uncertainties.Apple's September-quarter results suggest that affluent spend on premium products remains resilient, despite risks of overall consumer confidence deterioration in the near term with buckling budgets amid rising interest rates and inflation. This is further corroborated by stronger iPhone 14 Pro model sales compared with relatively lackluster take-rates on the new smartphone family's base model equivalents.We believe Apple's resilience demonstrated in the September quarter is also a result of prudent business management imposed at the decision-making level. This includes pulling forward the iPhone 14 launch to improve fiscal 2022 performance while allowing Apple to take advantage of earlier-than-expected holiday-season shopping trends this year as consumers spread out spending habits as budgets tighten amid an inflationary environment. Time and again, the value of Apple's prudent management at the decision-making level has shone through, playing a critical role in mitigating some of the impact from worsening consumer weakness observed in recent months that could have led to softer fundamentals.Meanwhile, management's allusion to \"strength of [Apple's] ecosystem, unmatched customer loyalty, and [an] active installed base of devices [reaching] a new all-time high\" kicks off fiscal 2023 with a strong positive note, underscoring the value of its pervasive ecosystem of high-demand hardware and complementary services that have become increasingly entwined with many aspects of daily personal settings, big and small. It is also consistent with rising investors' concerns about the impact of China - a critical market for Apple that showed signs of cracking after the company unleashed a rare round of discounts to attract demand over the summer.But sustained growth in the higher-margin Services segment continues to demonstrate the value of Apple's sprawling influence over the consumer end-market. This is further corroborated by Apple's earnings beat, underscoring the strength of Services' margins despite the tough consumer backdrop during the September quarter.While the stock has not lost as much of its value compared to its tech peers and the broader market amid this year's selloff, which raises concerns that it may become more \"vulnerable\" to further multiple contraction in the near-term given increasingly fragile market sentiment, we believe it will continue to fare better than most given the underlying business' robust fundamentals. Specifically, the robust momentum in Services maintained throughout the rising competition and deteriorating consumer sentiment in the third quarter continues to support its potential in ultimately accounting for half of Apple's valuation over the longer term, which reinforces the stock's$3 trillion thesis. Paired with Apple's upbeat F4Q22 results and management's positive tone on the forward prospects despite looming macro challenges, any near-term market volatility would likely continue to create compelling entry points for capitalizing on longer-term upsides.Profitable Growth is Key - And Services is Here For ItApple's Services segment demonstrated slower-than-expected but sustained growth in the September quarter, with sales increasing 5% y/y (inclusive of FX headwinds) and margins maintaining in the 70%-range despite inflationary pressures and consumer weakness. As discussed in our previous coverage on the stock, Apple's Services segment is becoming increasingly core to the company's long-term growth and profitability trajectory, especially with improved technological advancements in recent years and overall consumer weakness in the near-term lengthening upgrade cycles on devices.This is also music to investors' ears, as preference migrates from growth to profitability amid a souring macroeconomic outlook.In 2017, Apple - under the leadership of Tim Cook - vowed todoubleits services revenue by 2020. Since then, the segment has delivered with a multi-year compounded annual growth rate (\"CAGR\") of more than 20%, boasting close to $68.5 billion in annual revenues during fiscal 2021, and approaching $80 billion in the current fiscal year ending this week. Earlier this year, Wall Street predicted that Apple's services segment amounts to a$1.5 trillionvalue on its own, similar to our own predictions which will be discussed in further detail below.Although services sales growth has decelerated from its heights last year due to the moderation in demand from pulled-forward subscriptions during the pandemic era alongside broad-based macro weakness, the segment continues to boast robust double-digit expansion, reinforcing the bullish thesis surrounding Apple's sustained long-term growth and profitability trajectory.Source: \"Apple Services Is On A Critical Mission\"We see Services' critical role in safeguarding Apple's bottom line continuing into the upcoming holiday season, despite light growth and a slight miss as expected during the fiscal fourth quarter. We see our previously discussed base case where Services will continue to lead growth alongside hardware sales as a highly likely scenario as Apple navigates through macro challenges in the near term. And the company's recent decision to raise prices on some of its core Services offerings - including Apple TV+, Apple Music and the Apple One bundle - will likely give the segment's momentum another leg up heading into fiscal 2023, as opposed to weighing further on weakening consumer sentiment since Apple has a strong value proposition to do so.Apple TV+Apple raised the monthly Apple TV+ subscription rate from $4.99 to $6.99, and annual subscription rate from $49 to $69, which went into effect earlier this week. While the price hike for Apple TV+ is not small - a whopping 40%+ - it remains competitive relative to rival streaming platforms spanning Netflix(NFLX), Disney+(DIS), and HBO Max(WBD), to name a few, including their respective ad-supported tiers that are / will be marketed as a \"cheaper\" alternative.We also believe Apple has the right value proposition for jacking up Apple TV+'s pricing, which will effectively help reduce potential churn in the aftermath. Specifically, Apple TV+ was \"introduced at a very low price because it started with just a few shows and movies.\" But now, it has grown into an extensive library of \"award-winning and broadly acclaimed series, feature films, documentaries, and kids and family entertainment,\" which is further corroborated by its rapidly rising global market share of more than 6%, putting rival platforms on notice.Yet, at the new price tag of $6.99 per month, Apple TV+ - which is currently ad-free and offers unlimited access to its entire catalogue of scripted and non-scripted content, alongside live sporting events such as \"Friday Night Baseball\" - the streaming platform still beats equivalents in the pricing segment. This includes Netflix and Disney+'s upcoming ad-supported tier priced at $6.99 and $7.99 per month, respectively, and HBO Max's ad-supported tier priced at $10 per month, with some not even offering access to live sporting events, which is a key demand driver in streaming that Apple TV+ is benefiting from. This continues to underscore Apple TV+'s pricing advantage amid weakening consumer sentiment, with its latest price hike still more competitive than similarly-priced offerings by peers, while contributing meaningfully to the Services segment profit margins over the longer term.Apple MusicThe monthly subscription rate for Apple Music will increase from $9.99 to $10.99 for individuals, and the annual subscription rate from $99 to $109. This would effectively make the service more expensive than key rival Spotify's (SPOT) equivalent which is currently priced at $9.99 per month still.The price hike was implemented to compensate for increasing content licensing costs for creators. Although the price increase for Apple Music subscriptions may seem like it will be another blow to the service's already laggard market share(~15%) compared to Spotify's (>30%), we believe it will give Apple a leg up from a business and valuation perspective.Specifically, Spotify currently reels from narrowing profit margins due to the same cost increases identified by Apple, underscoring that similar price hikes will likely be coming soon anyway. As such, we view the increase to Apple Music prices as a strategic move that will not only contribute positively to the Services segment's bottom line but also without the risks of material churn despite consumer weakness.Apple One BundleThe Apple One bundle - which allows up to six service subscriptions at a discounted price - has also implemented price increases across all of its variants offered. The standard bundle (individual subscription for Apple Music, TV+, Arcade, and iCloud+ with 50GB storage) will have its monthly subscription rate increase from $14.95 to $16.95; family bundle (five-people subscription for Apple Music, TV+, Arcade, and iCloud+ with total 200GB storage) from $19.95 to $22.95; and Premier bundle (same as family bundle, plus News+ and Fitness+) from $29.95 to $32.95.The Apple One bundle has been a key contributor to overall growth observed in Apple's service subscription volumes and overall traction since its introduction in fiscal 2021, attracting new users to pay for subscription services that they otherwise would not have subscribed to without the bundle discount. The bundle discount - even after the recent price increase - adds another positive touch to the service-specific value propositions for subscribers as discussed in the earlier section, which we view as a critical factor to mitigating risks of churn, while further bolstering Services growth.The pricing advantage in Apple's Services segment is expected to contribute positively towards its longer-term valuation of about $1.5 trillion alone. Not only would it further improve the segment's profit margins - an increasingly prominent driver of Apple's free cash flows - but also help bolster the funding needed to support further expansion into additional services and upgrades that will aid penetration into a broader subscriber base over the longer term.Near-Term Investment Risks to ConsiderChina Risks: This has accordingly introduced demand risks to one of Apple's most core operating regions - China currently accounts of about a fifth of the company's consolidated sales and a quarter of the consolidated income. Concerns of said demand risks are further corroborated by the rare sighting of a direct pricing discount on certain devices introduced over the summer in China. Even during seasonality promotions - like back-to-school, Black Friday, and/or holiday-season sales - Apple has hardly ever offered direct pricing discounts, opting for gift card rebates on bundle purchases and/or gift-with-purchases instead.In addition to demand risks, Apple also faces supply risks and geopolitical risks in the region.Yet, we believe Apple has a few levers to pull still that can compensate for the said risks. On the supply front, Apple's importance to suppliers worldwide gives it leverage needed to compensate for supply-risk-driven cost efficiencies. This is consistent with Apple's power in price negotiations with key suppliers like Taiwan Semiconductor (TSM), as well as previous observations that the tech giant's \"size and importance to suppliers\" was able to help it secure key components better than peers during the peak of supply shortages. Meanwhile, on the demand front, increasing momentum in Services as discussed in the foregoing analysis is expected to partially shield Apple from hardware demand risks in China within the foreseeable future, especially with robust market share gains observed across core operating regions like the U.S. and Europe.Macro Risks: FX and consumer slowdown are the biggest macro risks facing Apple today. FX risks are inevitable given the company's massive overseas operations amid a surging dollar environment as the Fed remains fixed on an aggressive rate hike trajectory to counter runaway inflation. And on the consumer slowdown front, Apple's upbeat showing for the September quarter also supports continued resilience relative to peers spanning PC/smartphone makers and service providers that have been losing market share.In our view, we believe Mac and iPad sales are most susceptible to the near-term consumer slowdown, despite better-than-expected performance in the fiscal fourth quarter. First, the segments have already benefited from pulled-forward demand in the pandemic era, meaning forward momentum will likely remain moderate, especially with the looming economic downturn. Second, lost sales driven by supply chain constraints (most prominent in iPad segment) will likely see some of it becoming permanent instead of delayed due to consumers dialing back on discretionary spending amid deteriorating economic conditions. Lastly, previous expectations for stronger commercial IT spending that have benefited enterprise demand for Apple devices will likely moderate as well as budgets pullback to brace for near-term macroeconomic uncertainties. Worsening market trends are also contributing to anticipated challenges on Mac and iPad demand within the foreseeable future - the latest tally of global PC shipments in the calendar third quarter showed an accelerated decline this year, falling 6.8% y/y in 1Q22, 15% y/y in 2Q22, and 20% y/y in 3Q22, with 4Q22 numbers expected to worsen as consumers shun big-ticket items due to weakening spending power.Yet, momentum in Services paired with Apple's pricing advantage as discussed in the foregoing analysis remains a key business strength that is expected to partially cushion some of the near-term impact on the macro-driven slowdown in product demand. Product upgrades, such as the latest introduction of a new Mac and iPad line-up retrofitted with next-generation Apple silicon, will likely help salvage product demand as well. This is further corroborated by Apple's rapid climb to the top, dethroning legacy PC makers like Lenovo (OTCPK:LNVGY), HP (HPE), and Dell (DELL) to become theindustry leader in the first half of the year.Lengthening Product Cycle Risks: Improving technology at Apple is also lengthening the upgrade cycle on its line-up of devices, which will potentially stagger the Products segment's growth outlook over the longer term. But Apple still has many levers to pull from a pricing and technology point-of-view to counter risks of growth slowdown due to lengthening product cycles in our opinion. For instance, Apple's transition to in-house designed silicon is a key advantage that will help attract demand stemming from both upgrades and switches and partially offset the growth slowdown in Products given their lengthened lifecycles. The company's potential introduction of a device subscription service would also drive improved economics for its Products segment over the longer term.Nonetheless, hardware sales are expected to imminently grow slower than Apple's services sales, given product revenue cycles are comparatively lengthier. For services, recurring revenues stemming from subscriptions come on a monthly or annual basis. But for products like iPhones and Macs, their lifecycles have grown from two years in the past to now aboutthreetofouryears and more than five years, respectively, thanks to continuous technological improvements. To put into perspective, the standard iPhone 14 starts at $799, which translates to about $266 in revenue per share if broken down based on a three-year lifespan. Comparatively, an annual subscription for the Apple One Bundle starts at [$203.40 per year (or $16.95 per month)], which is not too far off from the average annual revenue per iPhone, while boasting significantly more profitable margins. And while Apple's iPhone sales may be benefiting from broader industry tailwinds stemming from 5G transition, its large installed base is bound slow in growth based on the law of large numbers, signalling the double-digit multi-year CAGRs it once enjoyed are no more. It is no wonder that the company has been reportedly working on the launch of aproduct subscription modelto safeguard better economics over the longer term.Source: \"Apple Services Is On A Critical Mission\"Final ThoughtsMarket sentiment is becoming increasingly fragile, with many investors looking to the performance of large and mega caps - especially Apple - for hints on what forward consumer sentiment might look like and what they mean for the broader tech sector and the economy overall ahead of rising recession risks. This is especially true given Apple, along with its mega-cap peers spanning Alphabet(GOOG/GOOGL), Microsoft(MSFT), and Amazon (AMZN), account for \"nearly a fifth\" of the S&P 500's value today, or more than 30%of the tech-heavy Nasdaq 100 (Apple alone is the largest influence, accounting for 15% of the weight of the Nasdaq 100).While Apple's valuation remains lofty at \"23x forward earnings, above both its long-term average and the market overall,\" which potentially exposes it to further volatility as market sentiment remains fragile over coming months in anticipation of a cascading economy, we believe its strong F4Q22 performance and positive tone heading into fiscal 2023 reinforces the company's fundamental strength. This means any market-driven volatility in the Apple stock over the near term will continue to create a compelling risk-reward opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922767294,"gmtCreate":1671847339618,"gmtModify":1676538602913,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9922767294","repostId":"1189263452","repostType":4,"repost":{"id":"1189263452","pubTimestamp":1671843676,"share":"https://ttm.financial/m/news/1189263452?lang=&edition=fundamental","pubTime":"2022-12-24 09:01","market":"us","language":"en","title":"The 3 Best Cathie Wood Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1189263452","media":"InvestorPlace","summary":"Growth stocks have struggled badly, but not all of Ark’s holdings are bad. The best Cathie Wood stoc","content":"<html><head></head><body><ul><li>Growth stocks have struggled badly, but not all of Ark’s holdings are bad. The best Cathie Wood stocks will eventually recover.</li><li><b>Zoom Video</b>(<b><u>ZM</u></b>) is the top holding of Wood’s ETFs, and it is profitable.</li><li><b>Tesla</b>(<b><u>TSLA</u></b>) continues to make new 52-week lows, but investors seem to forget that this firm is also profitable and delivers monstrous growth.</li><li><b>Unity Software</b>(<b><u>U</u></b>) is not profitable yet, but it has robust revenue growth and will look to become profitable in 2023.</li></ul><p>Cathie Wood has become the poster person for growth stocks. During 2020 and 2021, growth stocks were on top of the finance world. In 2022, it has been a completely different story, as growth stocks have been crushed. Still, many investors want to know the best Cathie Wood stocks to buy.</p><p>Despite the terrible price action of growth stocks in 2022, there are some quality companies in this group. That doesn’t mean they’ve hit their lows or that the first quarter or the first half of 2023 will be much better than 2022.</p><p>However, eventually the market will go from bearish to bullish, and the Fed will transform from hawkish to dovish. When that happens, many of today’s terrible growth stocks will be tomorrow’s new leaders.</p><p>So what are a few of the best Cathie Wood stocks to keep an eye on? Let’s look at three of them now.</p><p><b>Best Cathie Wood Stocks: Zoom Video (ZM)</b></p><p>I’m trying to stick with Cathie Wood’stop ten holdings across her Ark funds and weighing in at No. 1 is <b>Zoom Video</b>(NASDAQ:<b><u>ZM</u></b>). Now down 88% from its all-time high, Zoom Video has been taken to the woodshed.</p><p>Much like Cathie Wood became the face of growth stocks, Zoom Video became the face of pandemic stocks.</p><p>Consequently, I wouldn’t be surprised if the stock falls further. That’s especially true given the jobs recession we’re seeing in tech and the potential recession that the global economy faces. Plus, the $60 level has been key for ZM stock, and the shares are still about $6 above that mark.</p><p>That said, we’re talking about a firm that’s profitable and generated more than $1.1 billion of free cash flow over the last 12 months. Further, the shares trade at just 17.5 times analysts’ 2022 mean earnings estimate.</p><p>On the downside, while analysts do expect mild revenue growth this year and next year, they anticipate a mild earnings <i>decline</i> in both years as well. At a lower price —such as $60 —  Zoom Video may be worth buying.</p><p><b>Best Cathie Wood Stocks: Tesla (TSLA)</b></p><p>You can’t read about the stock market right now without reading about <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>). Some observers say that the sharp retreat of Tesla stock is due to the automaker’s CEO, Elon Musk, taking over <b>Twitter</b> and filling in as its acting CEO. Others argue that simple bear-market mechanics are at play.</p><p>But both factors can be at play. There are worries that demand is slowing for its EVs in China, while Musk is trying to head several companies at once and the economy is slipping into a recession And simultaneously,  risk-free assets (like U.S. Treasury bonds) are becoming more attractive for investors.</p><p>All of these factors may help explain why Tesla hit new 52-week lows in eight straight sessions recently.</p><p>That said, for long-term buyers, it may be worthwhile to take a closer look at the name. First, the shares of Tesla are trading at their lowest price-earnings ratio ever, changing hands for about 27 times this year’s earnings.</p><p>Analysts, on average, still expect the automaker to deliver more than 50% revenue growth this year and almost 40% growth next year. On the earnings front, the mean estimates stand at 79% growth this year and 35% growth next year.</p><p>However, these are just estimates and as I acknowledged, stocks are in a bear market. But given the decline of Tesla’s shares, the stock is beginning to look undervalued based on its long-term outlook.</p><p><b>Unity Software (U)</b></p><p>I’m not sure if <b>Unity Software</b>(NYSE:<b><u>U</u></b>) will retest its low near $21, but if does, U may be worth a close look. That’s particularly true if analysts’ estimates don’t get revised lower.</p><p>Unity stands out to me because of its impressive growth. Analysts, on average, expect a 23.5% revenue gain this year, but more than 60% growth next year. While Unity expects to report a slight loss this year, analysts’ estimates call for a swing to profitability in 2023.</p><p>Unity is a relatively young company as it went public just over two years ago. So during a bear market, its shares could face increased selling pressure. That said, this type of growth shouldn’t be overlooked.</p><p>When the company reported earnings in November, it delivered better-than-expected guidance for next quarter and the full year. That may not matter lift U stock in the next quarter — or in the next several quarters — but it will make a difference eventually.</p></body></html>","source":"investorplace","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>The 3 Best Cathie Wood Stocks to Buy Now</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\">\nThe 3 Best Cathie Wood Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-24 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/best-cathie-wood-stocks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Growth stocks have struggled badly, but not all of Ark’s holdings are bad. The best Cathie Wood stocks will eventually recover.Zoom Video(ZM) is the top holding of Wood’s ETFs, and it is profitable....</p>\n\n<a href=\"https://investorplace.com/best-cathie-wood-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","U":"Unity Software Inc.","ZM":"Zoom"},"source_url":"https://investorplace.com/best-cathie-wood-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189263452","content_text":"Growth stocks have struggled badly, but not all of Ark’s holdings are bad. The best Cathie Wood stocks will eventually recover.Zoom Video(ZM) is the top holding of Wood’s ETFs, and it is profitable.Tesla(TSLA) continues to make new 52-week lows, but investors seem to forget that this firm is also profitable and delivers monstrous growth.Unity Software(U) is not profitable yet, but it has robust revenue growth and will look to become profitable in 2023.Cathie Wood has become the poster person for growth stocks. During 2020 and 2021, growth stocks were on top of the finance world. In 2022, it has been a completely different story, as growth stocks have been crushed. Still, many investors want to know the best Cathie Wood stocks to buy.Despite the terrible price action of growth stocks in 2022, there are some quality companies in this group. That doesn’t mean they’ve hit their lows or that the first quarter or the first half of 2023 will be much better than 2022.However, eventually the market will go from bearish to bullish, and the Fed will transform from hawkish to dovish. When that happens, many of today’s terrible growth stocks will be tomorrow’s new leaders.So what are a few of the best Cathie Wood stocks to keep an eye on? Let’s look at three of them now.Best Cathie Wood Stocks: Zoom Video (ZM)I’m trying to stick with Cathie Wood’stop ten holdings across her Ark funds and weighing in at No. 1 is Zoom Video(NASDAQ:ZM). Now down 88% from its all-time high, Zoom Video has been taken to the woodshed.Much like Cathie Wood became the face of growth stocks, Zoom Video became the face of pandemic stocks.Consequently, I wouldn’t be surprised if the stock falls further. That’s especially true given the jobs recession we’re seeing in tech and the potential recession that the global economy faces. Plus, the $60 level has been key for ZM stock, and the shares are still about $6 above that mark.That said, we’re talking about a firm that’s profitable and generated more than $1.1 billion of free cash flow over the last 12 months. Further, the shares trade at just 17.5 times analysts’ 2022 mean earnings estimate.On the downside, while analysts do expect mild revenue growth this year and next year, they anticipate a mild earnings decline in both years as well. At a lower price —such as $60 —  Zoom Video may be worth buying.Best Cathie Wood Stocks: Tesla (TSLA)You can’t read about the stock market right now without reading about Tesla(NASDAQ:TSLA). Some observers say that the sharp retreat of Tesla stock is due to the automaker’s CEO, Elon Musk, taking over Twitter and filling in as its acting CEO. Others argue that simple bear-market mechanics are at play.But both factors can be at play. There are worries that demand is slowing for its EVs in China, while Musk is trying to head several companies at once and the economy is slipping into a recession And simultaneously,  risk-free assets (like U.S. Treasury bonds) are becoming more attractive for investors.All of these factors may help explain why Tesla hit new 52-week lows in eight straight sessions recently.That said, for long-term buyers, it may be worthwhile to take a closer look at the name. First, the shares of Tesla are trading at their lowest price-earnings ratio ever, changing hands for about 27 times this year’s earnings.Analysts, on average, still expect the automaker to deliver more than 50% revenue growth this year and almost 40% growth next year. On the earnings front, the mean estimates stand at 79% growth this year and 35% growth next year.However, these are just estimates and as I acknowledged, stocks are in a bear market. But given the decline of Tesla’s shares, the stock is beginning to look undervalued based on its long-term outlook.Unity Software (U)I’m not sure if Unity Software(NYSE:U) will retest its low near $21, but if does, U may be worth a close look. That’s particularly true if analysts’ estimates don’t get revised lower.Unity stands out to me because of its impressive growth. Analysts, on average, expect a 23.5% revenue gain this year, but more than 60% growth next year. While Unity expects to report a slight loss this year, analysts’ estimates call for a swing to profitability in 2023.Unity is a relatively young company as it went public just over two years ago. So during a bear market, its shares could face increased selling pressure. That said, this type of growth shouldn’t be overlooked.When the company reported earnings in November, it delivered better-than-expected guidance for next quarter and the full year. That may not matter lift U stock in the next quarter — or in the next several quarters — but it will make a difference eventually.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928752670,"gmtCreate":1671410498791,"gmtModify":1676538531071,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928752670","repostId":"2292286774","repostType":4,"repost":{"id":"2292286774","pubTimestamp":1671422971,"share":"https://ttm.financial/m/news/2292286774?lang=&edition=fundamental","pubTime":"2022-12-19 12:09","market":"us","language":"en","title":"2022 Bargain Shopping: 2 Smart Stocks to Buy Before the New Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2292286774","media":"Motley Fool","summary":"These stocks look cheap -- especially considering their long-term potential.","content":"<html><head></head><body><p>You may see a lot of bargains in the shops and online this season. But there&#39;s an even better place to find a good deal these days. I&#39;m talking about the stock market. This year&#39;s long sell-off has weighed on the valuations of stocks across industries and left many at dirt-cheap levels. And this equals a buying opportunity for you.</p><p><i>&#34;But what if these stocks fall even further?&#34;</i> you might wonder. Well, it&#39;s impossible to effectively time the market, and it&#39;s a bad idea to try. So the best thing you can do is buy strong stocks when their valuations are reasonable -- and then hold onto them for the long term. If your stocks gain, you&#39;ll still benefit even if you didn&#39;t buy them at their cyclical low points.</p><p>If you&#39;re ready to give this winning strategy a try, here are two smart stocks I&#39;d recommend buying before the new year.</p><h2>1. Teladoc Health</h2><p><b>Teladoc Health</b> stock soared during the early part of the pandemic. Patients flocked to telemedicine providers -- and Teladoc&#39;s visits and revenue climbed by triple-digit percentages.</p><p>But the company has demonstrated it isn&#39;t a pandemic-only business. Teladoc&#39;s revenue already was on the rise before COVID-19 struck. And in this later stage of the health crisis, it continues to post double-digit percentage gains in revenue and visits. Teladoc also has built a solid client base, serving more than half of the companies in the Fortune 500.</p><p>Another positive point: Contracts are getting bigger. Its average deal size today is 50% bigger than a year ago.</p><p>So why is Teladoc stock heading for the end of 2022 with a mind-boggling 70% year-to-date decline? The company reported billion-dollar non-cash goodwill impairment charges in the first two quarters linked to its acquisition of Livongo. This was disappointing news. But the Livongo purchase still gives Teladoc strengths in the chronic care space -- a key growth area. So this purchase could pay off over the long term.</p><p>The third quarter brought investors some good news. Teladoc&#39;s loss narrowed. And the company continued to grow its U.S. member numbers and its revenue per member metric. This is important because it should support revenue growth.</p><p>Another thing to keep in mind is that the telemedicine market is on the rise. In North America alone, it&#39;s expected to register a compound annual growth rate of about 19% through 2030, according to Grand View Research.</p><p>Today, Teladoc shares are trading at their cheapest level <i>ever</i> in relation to sales. This is a major bargain considering the company&#39;s long-term potential.</p><h2>2. Abbott Laboratories</h2><p>There are two reasons to like <b>Abbott Laboratories</b>. First, let&#39;s talk about passive income. Abbott will pay you well just for owning the stock. Dividends are great any time. But it&#39;s particularly nice to have this guaranteed income during tough market times.</p><p>And Abbott isn&#39;t just a dividend stock -- it&#39;s a Dividend King. This means it has raised its payouts annually for at least the past 50 consecutive years. So you probably can count on your dividend payments progressively growing further.</p><p>Now for the second reason to like Abbott. The company is diversified across four businesses: medical devices, diagnostics, nutrition, and established pharmaceuticals. This is positive because even when one of those businesses faces challenges, the others may still be gaining ground.</p><p>Abbott has grown its free cash flow and return on invested capital over time.</p><p><img src=\"https://static.tigerbbs.com/053ae37cdf88229d770c12540a333184\" tg-width=\"720\" tg-height=\"463\" referrerpolicy=\"no-referrer\"/></p><p>ABT Free Cash Flow data by YCharts.</p><p>And it recently increased its full-year earnings-per-share forecast.</p><p>All of this means you can count on Abbott for passive income, earnings growth, and good use of its cash -- a great mix. At today&#39;s valuation of 20 times forward earnings estimates, Abbott&#39;s a stock you won&#39;t want to miss.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2022 Bargain Shopping: 2 Smart Stocks to Buy Before the New Year</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\">\n2022 Bargain Shopping: 2 Smart Stocks to Buy Before the New Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-19 12:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/18/bargain-shopping-2-smart-stocks-to-buy-before-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may see a lot of bargains in the shops and online this season. But there's an even better place to find a good deal these days. I'm talking about the stock market. This year's long sell-off has ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/18/bargain-shopping-2-smart-stocks-to-buy-before-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TDOC":"Teladoc Health Inc.","ABT":"雅培"},"source_url":"https://www.fool.com/investing/2022/12/18/bargain-shopping-2-smart-stocks-to-buy-before-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292286774","content_text":"You may see a lot of bargains in the shops and online this season. But there's an even better place to find a good deal these days. I'm talking about the stock market. This year's long sell-off has weighed on the valuations of stocks across industries and left many at dirt-cheap levels. And this equals a buying opportunity for you.\"But what if these stocks fall even further?\" you might wonder. Well, it's impossible to effectively time the market, and it's a bad idea to try. So the best thing you can do is buy strong stocks when their valuations are reasonable -- and then hold onto them for the long term. If your stocks gain, you'll still benefit even if you didn't buy them at their cyclical low points.If you're ready to give this winning strategy a try, here are two smart stocks I'd recommend buying before the new year.1. Teladoc HealthTeladoc Health stock soared during the early part of the pandemic. Patients flocked to telemedicine providers -- and Teladoc's visits and revenue climbed by triple-digit percentages.But the company has demonstrated it isn't a pandemic-only business. Teladoc's revenue already was on the rise before COVID-19 struck. And in this later stage of the health crisis, it continues to post double-digit percentage gains in revenue and visits. Teladoc also has built a solid client base, serving more than half of the companies in the Fortune 500.Another positive point: Contracts are getting bigger. Its average deal size today is 50% bigger than a year ago.So why is Teladoc stock heading for the end of 2022 with a mind-boggling 70% year-to-date decline? The company reported billion-dollar non-cash goodwill impairment charges in the first two quarters linked to its acquisition of Livongo. This was disappointing news. But the Livongo purchase still gives Teladoc strengths in the chronic care space -- a key growth area. So this purchase could pay off over the long term.The third quarter brought investors some good news. Teladoc's loss narrowed. And the company continued to grow its U.S. member numbers and its revenue per member metric. This is important because it should support revenue growth.Another thing to keep in mind is that the telemedicine market is on the rise. In North America alone, it's expected to register a compound annual growth rate of about 19% through 2030, according to Grand View Research.Today, Teladoc shares are trading at their cheapest level ever in relation to sales. This is a major bargain considering the company's long-term potential.2. Abbott LaboratoriesThere are two reasons to like Abbott Laboratories. First, let's talk about passive income. Abbott will pay you well just for owning the stock. Dividends are great any time. But it's particularly nice to have this guaranteed income during tough market times.And Abbott isn't just a dividend stock -- it's a Dividend King. This means it has raised its payouts annually for at least the past 50 consecutive years. So you probably can count on your dividend payments progressively growing further.Now for the second reason to like Abbott. The company is diversified across four businesses: medical devices, diagnostics, nutrition, and established pharmaceuticals. This is positive because even when one of those businesses faces challenges, the others may still be gaining ground.Abbott has grown its free cash flow and return on invested capital over time.ABT Free Cash Flow data by YCharts.And it recently increased its full-year earnings-per-share forecast.All of this means you can count on Abbott for passive income, earnings growth, and good use of its cash -- a great mix. At today's valuation of 20 times forward earnings estimates, Abbott's a stock you won't want to miss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984987537,"gmtCreate":1667520492729,"gmtModify":1676537930170,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9984987537","repostId":"2280545557","repostType":4,"repost":{"id":"2280545557","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":1667516766,"share":"https://ttm.financial/m/news/2280545557?lang=&edition=fundamental","pubTime":"2022-11-04 07:06","market":"us","language":"en","title":"US STOCKS-U.S. Stocks Close Lower on Fed Rate Hike Worry","url":"https://stock-news.laohu8.com/highlight/detail?id=2280545557","media":"Reuters","summary":"U.S. initial weekly jobless claims fallServices industry growth slowsQualcomm, Roku slump on weak fo","content":"<html><head></head><body><ul><li>U.S. initial weekly jobless claims fall</li><li>Services industry growth slows</li><li>Qualcomm, Roku slump on weak forecasts</li></ul><p><img src=\"https://static.tigerbbs.com/2ac0619e9025c9a7bad1a240ed5ae0d7\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>U.S. stocks closed lower for a fourth consecutive session on Thursday as economic data did little to alter expectations the Federal Reserve would continue raising interest rates for longer than previously thought.</p><p>Following the Federal Reserve&#39;s statement on Wednesday, comments from Fed Chair Jerome Powell that it was &#34;very premature&#34; to be thinking about pausing its rate hikes sent stocks lower as U.S. bond yields and the U.S. dollar rose, a pattern that extended into Thursday.</p><p>Economic data on Thursday showed a labor market that continues to stay strong, although a separate report showed growth in the services sector slowed in October, keeping the Fed on its aggressive interest rate hike path.</p><p>&#34;Years ago the Fed’s job was to take away the punch bowl and that balance is always a very difficult transition, you want the economy to slow to keep inflation from getting out of hand but you want enough earnings to support stock prices,&#34; said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p><p>&#34;It is about the rate of change as much as the change so when the rate of change starts to slow ... that almost becomes a positive even though in absolute terms we are going to continue to see higher rates and higher rates means more competition for stocks and lower multiples.&#34;</p><p>According to preliminary data, the S&amp;P 500 lost 40.23 points, or 1.04%, to end at 3,720.44 points, while the Nasdaq Composite lost 181.15 points, or 1.73%, to 10,342.97. The Dow Jones Industrial Average fell 148.42 points, or 0.47%, to 31,995.61.</p><p>While traders are roughly evenly split between the odds of a 50 basis-point and 75 basis-point rate hike in December, the peak Fed funds rate is seen climbing to at least 5%, compared with a prior view of 4.50%-4.75% rise.</p><p>Investors will closely eye the nonfarm payrolls report due on Friday for signs the Fed&#39;s rate hikes are beginning to have a notable impact on slowing the economy.</p><p>The climb in yields weighed on megacap growth companies such as Apple Inc and Alphabet Inc, which pulled down the technology and communication services sectors as the worst-performing on the session.</p><p>Losses were curbed on the Dow thanks to gains in industrials including Boeing Co and heavy equipment maker Caterpillar Inc.</p><p>Qualcomm Inc and <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> lost ground after their holiday quarter forecasts fell below expectations.</p><p>With roughly 80% of S&amp;P 500 having reported earnings, the expected growth rate is 4.7%, according to Refinitiv data, up slightly from the 4.5% at the start of October.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-U.S. Stocks Close Lower on Fed Rate Hike Worry</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-U.S. Stocks Close Lower on Fed Rate Hike Worry\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\">2022-11-04 07:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>U.S. initial weekly jobless claims fall</li><li>Services industry growth slows</li><li>Qualcomm, Roku slump on weak forecasts</li></ul><p><img src=\"https://static.tigerbbs.com/2ac0619e9025c9a7bad1a240ed5ae0d7\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>U.S. stocks closed lower for a fourth consecutive session on Thursday as economic data did little to alter expectations the Federal Reserve would continue raising interest rates for longer than previously thought.</p><p>Following the Federal Reserve&#39;s statement on Wednesday, comments from Fed Chair Jerome Powell that it was &#34;very premature&#34; to be thinking about pausing its rate hikes sent stocks lower as U.S. bond yields and the U.S. dollar rose, a pattern that extended into Thursday.</p><p>Economic data on Thursday showed a labor market that continues to stay strong, although a separate report showed growth in the services sector slowed in October, keeping the Fed on its aggressive interest rate hike path.</p><p>&#34;Years ago the Fed’s job was to take away the punch bowl and that balance is always a very difficult transition, you want the economy to slow to keep inflation from getting out of hand but you want enough earnings to support stock prices,&#34; said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p><p>&#34;It is about the rate of change as much as the change so when the rate of change starts to slow ... that almost becomes a positive even though in absolute terms we are going to continue to see higher rates and higher rates means more competition for stocks and lower multiples.&#34;</p><p>According to preliminary data, the S&amp;P 500 lost 40.23 points, or 1.04%, to end at 3,720.44 points, while the Nasdaq Composite lost 181.15 points, or 1.73%, to 10,342.97. The Dow Jones Industrial Average fell 148.42 points, or 0.47%, to 31,995.61.</p><p>While traders are roughly evenly split between the odds of a 50 basis-point and 75 basis-point rate hike in December, the peak Fed funds rate is seen climbing to at least 5%, compared with a prior view of 4.50%-4.75% rise.</p><p>Investors will closely eye the nonfarm payrolls report due on Friday for signs the Fed&#39;s rate hikes are beginning to have a notable impact on slowing the economy.</p><p>The climb in yields weighed on megacap growth companies such as Apple Inc and Alphabet Inc, which pulled down the technology and communication services sectors as the worst-performing on the session.</p><p>Losses were curbed on the Dow thanks to gains in industrials including Boeing Co and heavy equipment maker Caterpillar Inc.</p><p>Qualcomm Inc and <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> lost ground after their holiday quarter forecasts fell below expectations.</p><p>With roughly 80% of S&amp;P 500 having reported earnings, the expected growth rate is 4.7%, according to Refinitiv data, up slightly from the 4.5% at the start of October.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","QCOM":"高通",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","ROKU":"Roku Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2280545557","content_text":"U.S. initial weekly jobless claims fallServices industry growth slowsQualcomm, Roku slump on weak forecastsU.S. stocks closed lower for a fourth consecutive session on Thursday as economic data did little to alter expectations the Federal Reserve would continue raising interest rates for longer than previously thought.Following the Federal Reserve's statement on Wednesday, comments from Fed Chair Jerome Powell that it was \"very premature\" to be thinking about pausing its rate hikes sent stocks lower as U.S. bond yields and the U.S. dollar rose, a pattern that extended into Thursday.Economic data on Thursday showed a labor market that continues to stay strong, although a separate report showed growth in the services sector slowed in October, keeping the Fed on its aggressive interest rate hike path.\"Years ago the Fed’s job was to take away the punch bowl and that balance is always a very difficult transition, you want the economy to slow to keep inflation from getting out of hand but you want enough earnings to support stock prices,\" said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.\"It is about the rate of change as much as the change so when the rate of change starts to slow ... that almost becomes a positive even though in absolute terms we are going to continue to see higher rates and higher rates means more competition for stocks and lower multiples.\"According to preliminary data, the S&P 500 lost 40.23 points, or 1.04%, to end at 3,720.44 points, while the Nasdaq Composite lost 181.15 points, or 1.73%, to 10,342.97. The Dow Jones Industrial Average fell 148.42 points, or 0.47%, to 31,995.61.While traders are roughly evenly split between the odds of a 50 basis-point and 75 basis-point rate hike in December, the peak Fed funds rate is seen climbing to at least 5%, compared with a prior view of 4.50%-4.75% rise.Investors will closely eye the nonfarm payrolls report due on Friday for signs the Fed's rate hikes are beginning to have a notable impact on slowing the economy.The climb in yields weighed on megacap growth companies such as Apple Inc and Alphabet Inc, which pulled down the technology and communication services sectors as the worst-performing on the session.Losses were curbed on the Dow thanks to gains in industrials including Boeing Co and heavy equipment maker Caterpillar Inc.Qualcomm Inc and Roku Inc lost ground after their holiday quarter forecasts fell below expectations.With roughly 80% of S&P 500 having reported earnings, the expected growth rate is 4.7%, according to Refinitiv data, up slightly from the 4.5% at the start of October.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983588359,"gmtCreate":1666275318175,"gmtModify":1676537734164,"author":{"id":"3576835207750345","authorId":"3576835207750345","name":"PeiLing_Val","avatar":"https://static.tigerbbs.com/2b9811eea8b6682a917378f2b5138a22","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576835207750345","authorIdStr":"3576835207750345"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9983588359","repostId":"1198288029","repostType":4,"repost":{"id":"1198288029","pubTimestamp":1666269424,"share":"https://ttm.financial/m/news/1198288029?lang=&edition=fundamental","pubTime":"2022-10-20 20:37","market":"us","language":"en","title":"Truss Resigns as UK Premier After Tax-Cut Plan Backfires","url":"https://stock-news.laohu8.com/highlight/detail?id=1198288029","media":"Bloomberg","summary":"Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier i","content":"<html><head></head><body><ul><li>Stint in office characterized by market rout and U-Turns</li><li>Truss becomes UK’s shortest-ruling premier in history</li></ul><p><img src=\"https://static.tigerbbs.com/616f11adf6ae2802c5cbc9c6317b61b4\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/>Liz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout.</p><p>Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. She said the Conservative Party aims to choose her successor within a week, and that she will stay on as premier until then.</p><p>Candidates to replace her are likely to include former Chancellor of the Exchequer Rishi Sunak -- runner-up to Truss in this summer’s leadership contest. Other contenders then are also likely to be in the fray, including Penny Mordaunt, Grant Shapps and Kemi Badenoch. Former Home Secretary Suella Braverman, who was sacked on Oct. 19, may also be in the running. Defence Secretary Ben Wallace is also often touted, though he has downplayed his interest.</p><p>But new Chancellor Jeremy Hunt, promoted from the back benches after Truss sacked Kwasi Kwarteng in a bid to restore calm in the markets, ruled himself out, according to his spokeswoman.</p><p>Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans.</p><p>Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour inthe pollsafter 12 1/2 years in power. Her successor will become the party’s fifth premier in less than seven years since the 2016 Brexit referendum ushered in a period of unprecedented chaos in British politics.</p><p>Whoever it is will face a formidable task in repairing the Tory party’s reputation and the economy in time for a general election which must take place in January 2025. Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts.</p><p>“It’s a shambles and a disgrace,” veteran Tory MP Charles Walker told the BBC on Oct. 19. “The damage they have done to our party is extraordinary.”</p><p><img src=\"https://static.tigerbbs.com/44667704a5311e8a60ce926ecefab1e3\" tg-width=\"646\" tg-height=\"366\" referrerpolicy=\"no-referrer\"/></p><p>Truss’s undoing was ultimately a lack of political instinct and awareness of economic reality.</p><p>After narrowly winning the leadership without the backing of most MPs, she set out to govern as if she had secured an overwhelming mandate with a barrage of radical measures. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. And when, at the last, she tried to stamp her authority on the party, she only provoked its anger.</p><p>The central mistake of Truss’s term was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades, that she drew up with Kwarteng and unveiled without any independent analysis of how it would be funded.</p><p>The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.Sign up to this newsletter</p><p>The biggest tax giveaway in half a century went further and faster than Truss had signaled during the leadership contest, and the markets reacted violently amid fears it would hamper the battle against inflation and destabilize the public finances. The pound’s tumble to an all-time low against the dollar and the imminent threat of a rout in gilts forced the Bank of England to intervene to prevent a key part of the pensions industry from collapsing.</p><p><img src=\"https://static.tigerbbs.com/2461bf95e6c4f2853566b6c30f815768\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Truss and Kwarteng tried to repair the damage by firstreversingan unpopular move to abolish the 45% rate of income tax on the UK’s highest earners. Then on Oct. 14 TrusssackedKwarteng and scrapped their plan to freeze corporation tax next year. Huntunpickedmost of what remained of the economic strategy three days later, leaving the premier’s credibility shot.</p><p>The final humiliation came on Wednesday evening as the desperate prime minister tried to corral her angry MPs into the voting lobbies in the House of Commons for a make-or-break ballot that she had no reason to take on. Braverman’s dismissal earlier in the evening for a security breach that in normal times might have earned her a mere reprimand had already alienated a swathe of the right of the party.</p><p>Truss won the vote, but in the bitter aftermath she lost her struggle to stay in power.</p><h2>Liz Truss’s speech in full:</h2><blockquote>“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth.</blockquote><blockquote>“I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance. And we set out a vision for a low tax high growth economy that would take advantage of the freedoms of Brexit.I recognize though given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.</blockquote><blockquote>“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.”</blockquote></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Truss Resigns as UK Premier After Tax-Cut Plan Backfires</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\">\nTruss Resigns as UK Premier After Tax-Cut Plan Backfires\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier in historyLiz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198288029","content_text":"Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier in historyLiz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout.Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. She said the Conservative Party aims to choose her successor within a week, and that she will stay on as premier until then.Candidates to replace her are likely to include former Chancellor of the Exchequer Rishi Sunak -- runner-up to Truss in this summer’s leadership contest. Other contenders then are also likely to be in the fray, including Penny Mordaunt, Grant Shapps and Kemi Badenoch. Former Home Secretary Suella Braverman, who was sacked on Oct. 19, may also be in the running. Defence Secretary Ben Wallace is also often touted, though he has downplayed his interest.But new Chancellor Jeremy Hunt, promoted from the back benches after Truss sacked Kwasi Kwarteng in a bid to restore calm in the markets, ruled himself out, according to his spokeswoman.Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans.Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour inthe pollsafter 12 1/2 years in power. Her successor will become the party’s fifth premier in less than seven years since the 2016 Brexit referendum ushered in a period of unprecedented chaos in British politics.Whoever it is will face a formidable task in repairing the Tory party’s reputation and the economy in time for a general election which must take place in January 2025. Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts.“It’s a shambles and a disgrace,” veteran Tory MP Charles Walker told the BBC on Oct. 19. “The damage they have done to our party is extraordinary.”Truss’s undoing was ultimately a lack of political instinct and awareness of economic reality.After narrowly winning the leadership without the backing of most MPs, she set out to govern as if she had secured an overwhelming mandate with a barrage of radical measures. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. And when, at the last, she tried to stamp her authority on the party, she only provoked its anger.The central mistake of Truss’s term was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades, that she drew up with Kwarteng and unveiled without any independent analysis of how it would be funded.The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.Sign up to this newsletterThe biggest tax giveaway in half a century went further and faster than Truss had signaled during the leadership contest, and the markets reacted violently amid fears it would hamper the battle against inflation and destabilize the public finances. The pound’s tumble to an all-time low against the dollar and the imminent threat of a rout in gilts forced the Bank of England to intervene to prevent a key part of the pensions industry from collapsing.Truss and Kwarteng tried to repair the damage by firstreversingan unpopular move to abolish the 45% rate of income tax on the UK’s highest earners. Then on Oct. 14 TrusssackedKwarteng and scrapped their plan to freeze corporation tax next year. Huntunpickedmost of what remained of the economic strategy three days later, leaving the premier’s credibility shot.The final humiliation came on Wednesday evening as the desperate prime minister tried to corral her angry MPs into the voting lobbies in the House of Commons for a make-or-break ballot that she had no reason to take on. Braverman’s dismissal earlier in the evening for a security breach that in normal times might have earned her a mere reprimand had already alienated a swathe of the right of the party.Truss won the vote, but in the bitter aftermath she lost her struggle to stay in power.Liz Truss’s speech in full:“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth.“I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance. And we set out a vision for a low tax high growth economy that would take advantage of the freedoms of Brexit.I recognize though given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}