limth2722 personal page - To The Moon

limth2722

limth2722

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2023-03-21

It's an opportunity to buy low in panic situation .History always repeat itself for In long run the markets will recover and rise.

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2023-03-17

AMD

Which ChatGPT Stock Is Best?

2023-03-17

Competition is better than monopoly.

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2023-03-12

Alphabet is the one

Nasdaq Bear Market: 5 Stunning Growth Stocks You'll Regret Not Buying on the Dip

2023-01-29

Great

Tesla's Future As A Super Conglomerate?

2023-01-29

Great

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2022-11-23

$SINGAPORE EXCHANGE LIMITED(S68.SI)$

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markets will recover and rise.","listText":"It's an opportunity to buy low in panic situation &nbsp;.History always repeat itself for In long run the &nbsp; markets will recover and rise.","text":"It's an opportunity to buy low in panic situation .History always repeat itself for In long run the markets will recover and rise.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943619763","repostId":"2321663825","repostType":4,"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943923762,"gmtCreate":1679056364757,"gmtModify":1679056368198,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584319636150796","authorIdStr":"3584319636150796"},"themes":[],"htmlText":"AMD","listText":"AMD","text":"AMD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943923762","repostId":"1112158527","repostType":4,"repost":{"id":"1112158527","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1679046693,"share":"https://ttm.financial/m/news/1112158527?lang=&edition=fundamental","pubTime":"2023-03-17 17:51","market":"us","language":"en","title":"Which ChatGPT Stock Is Best?","url":"https://stock-news.laohu8.com/highlight/detail?id=1112158527","media":"Tiger Newspress","summary":"With the release of GPT-4 and Copilot, ChatGPT stocks attracted investors' attention again. These st","content":"<html><head></head><body><p>With the release of GPT-4 and Copilot, ChatGPT stocks attracted investors&#39; attention again. These stocks have seen significant gains this year. Which one is your favorite?</p><p><img src=\"https://static.tigerbbs.com/b6da3d7d3b604871f960238a40bcc992\" tg-width=\"748\" tg-height=\"1832\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Which ChatGPT Stock Is Best?</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\">\nWhich ChatGPT Stock Is Best?\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\">2023-03-17 17:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>With the release of GPT-4 and Copilot, ChatGPT stocks attracted investors&#39; attention again. These stocks have seen significant gains this year. Which one is your favorite?</p><p><img src=\"https://static.tigerbbs.com/b6da3d7d3b604871f960238a40bcc992\" tg-width=\"748\" tg-height=\"1832\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","BZFD":"Buzzfeed","CRWD":"CrowdStrike Holdings, Inc.","AI":"C3.ai, Inc.","BIDU":"百度","MSFT":"微软","NVDA":"英伟达","GOOGL":"谷歌A","AMD":"美国超微公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112158527","content_text":"With the release of GPT-4 and Copilot, ChatGPT stocks attracted investors' attention again. These stocks have seen significant gains this year. Which one is your favorite?","news_type":1},"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943903831,"gmtCreate":1679012674523,"gmtModify":1679012678173,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584319636150796","authorIdStr":"3584319636150796"},"themes":[],"htmlText":"Competition is better than monopoly.","listText":"Competition is better than monopoly.","text":"Competition is better than monopoly.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943903831","repostId":"2320361770","repostType":4,"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949682197,"gmtCreate":1678593959620,"gmtModify":1678593964204,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584319636150796","authorIdStr":"3584319636150796"},"themes":[],"htmlText":"Alphabet is the one","listText":"Alphabet is the one","text":"Alphabet is the one","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949682197","repostId":"2318767148","repostType":4,"repost":{"id":"2318767148","kind":"highlight","pubTimestamp":1678578282,"share":"https://ttm.financial/m/news/2318767148?lang=&edition=fundamental","pubTime":"2023-03-12 07:44","market":"us","language":"en","title":"Nasdaq Bear Market: 5 Stunning Growth Stocks You'll Regret Not Buying on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2318767148","media":"Motley Fool","summary":"A 33% plunge in the previously high-flying Nasdaq Composite is the perfect time for growth investors to pounce on some amazing deals.","content":"<html><head></head><body><p>While I hate being the bearer of bad news, stock market corrections are a perfectly normal part of the investing cycle. Since the beginning of 1950, the benchmark <b>S&amp;P 500</b> has undergone 39 separate double-digit percentage corrections, according to data from sell-side consultancy firm Yardeni Research. In other words, the drubbing Wall Street took in 2022 is par for the course when investing for the long run.</p><p>When the major indexes crossed the finish line last year, it was the growth-focused Nasdaq Composite that was hit hardest. The Nasdaq, which led the broader market to new highs in 2021, shed 33% of its value in 2022 and continues to stew in a bear market.</p><p>But there&#39;s a silver lining in this bad news. Though we&#39;ll never be able to forecast exactly when a bear market will occur or how steep the decline will be, we do know that every previous bear market in the major U.S. stock indexes (including the Nasdaq) was eventually whisked away by a bull market. It effectively means that every bear market is the ideal time to put your money to work.</p><p>It&#39;s an especially lucrative time to go shopping for growth stocks. What follows are five stunning growth stocks you&#39;ll regret not buying on the Nasdaq bear market dip.</p><h2><a href=\"https://laohu8.com/S/NIO\">Nio</a></h2><p>The first phenomenal growth stock just begging to be bought during the bear market decline is China-based electric vehicle (EV) manufacturer <b>Nio</b>. Although supply chain issues continue to weigh on Nio&#39;s production expansion efforts, a number of headwinds have been safely put in the back seat.</p><p>For the past couple of years, China stocks carried extra investment risk due to the country&#39;s zero-COVID strategy, as well as the possible delisting of China stocks by U.S. regulators. However, China has abandoned its zero-COVID strategy and reopened its economy. What&#39;s more, regulators gained hold of three years&#39; worth of financial audits for Chinese firms, which removes the fear of delisting. In short, Nio is considerably de-risked from where things stood four months ago.</p><p>But what&#39;s really been impressive about this company is its various forms of innovation. Nio has been introducing at least one new EV each year and has seen sales of its ET7 and ET5 sedans take off since hitting showrooms last year. With the exception of January, when production was constrained by factory closures as a result of the Chinese New Year, Nio has delivered in excess of 10,000 EVs every month since June 2022, with its sedans regularly accounting for more than half of those deliveries.</p><p>Nio&#39;s out-of-the-box innovation is on display as well. In August 2020, the company announced the rollout of its battery-as-a-service (BaaS) subscription. BaaS allows its EV buyers to charge, swap, and upgrade batteries at more than 1,300 power swap stations and more than 1,200 power charger stations. In exchange for a reduced EV purchase price, Nio nets high-margin, recurring subscription revenue from buyers via BaaS and keeps buyers loyal to the brand.</p><p><img src=\"https://static.tigerbbs.com/fa1aca6003962c19490e94b36badd6d8\" tg-width=\"700\" tg-height=\"439\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Walt Disney.</p><h2><a href=\"https://laohu8.com/S/DIS\">Walt Disney</a></h2><p>A third stunning growth stock you&#39;ll regret not adding during the Nasdaq bear market drop is the popular &#34;House of Mouse,&#34; <b>Walt Disney</b>. Though Walt Disney is a mature business, it&#39;s expected to sustain a double-digit earnings growth rate for the next half-decade. That absolutely makes it a growth stock.</p><p>The biggest competitive edge that Disney offers is that its business can&#39;t be duplicated. While there are other theme parks consumers can visit and other movies on the big screen, Disney&#39;s characters and stories, along with the emotion, engagement, and imagination they evoke in consumers, can&#39;t be duplicated by any other company.</p><p>As I&#39;ve previously suggested, the value of this irreplaceability can be seen in Walt Disney&#39;s pricing power. Since Disneyland opened its doors in Southern California in 1955, admission prices have risen by 10,300%. By comparison, the U.S. inflation rate has jumped a little over 1,000% over the same time span.  Disney has also been able to raise prices on its ad-free streaming service, Disney+, while losing only a small fraction of its subscribers.</p><p>The next step in Walt Disney&#39;s evolution is turning its money-losing streaming segment into a profit machine. Newly reappointed CEO Bob Iger increased monthly subscription prices and is targeting profitability for this segment toward the end of fiscal 2024. Once streaming becomes cash-flow positive, I&#39;d be surprised to see Disney stock anywhere near $100 per share.</p><h2><a href=\"https://laohu8.com/S/IIPR\">Innovative Industrial Properties</a></h2><p>The fourth magnificent growth stock that you&#39;ll regret not scooping up during the Nasdaq&#39;s bear market swoon is marijuana-focused real estate investment trust (REIT) Innovative Industrial Properties. In spite of rent-collection speed bumps in recent months, IIP, as Innovative Industrial Properties is known, can show patient investors the green.</p><p>The prevailing concern with IIP is that its on-time rental collection rate has dropped from 100% to 92% as of the end of February 2023. But it&#39;s important to understand that all REITs eventually deal with delinquencies. It&#39;s how companies handle their delinquencies that matters. IIP&#39;s fourth-quarter report and year-to-date update shows it&#39;s working through these delinquencies and should be able to sustain these revenue streams or outright sell these properties for cash.</p><p>Another key point with Innovative Industrial Properties is that 100% of its properties are triple-net leased (also known as &#34;NNN leased&#34;). NNN-leased properties require the tenant to cover all expenses, including utilities, maintenance, and even property tax and insurance. While NNN leases reduce the rental income IIP can expect to receive, it also removes any chance of surprise expenses or inflation hurting the company.</p><p>Lastly, Innovative Industrial Properties might be one of the few pot stocks benefiting from weed remaining illegal at the federal level. Since most cannabis companies have limited access to basic financial services, IIP has been able to work out sale-leaseback agreements that benefit both parties. Cultivators and processors get cash they sorely need from IIP, and IIP lands long-term tenants through this program.</p><h2><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a></h2><p>A fifth stunning growth stock that you&#39;ll regret not buying during the Nasdaq bear market dip is <b>Alphabet</b> (GOOGL) (GOOG), the parent company of internet search engine Google, autonomous vehicle company Waymo, and streaming platform YouTube.</p><p>At the moment, advertising weakness is Alphabet&#39;s biggest headwind. When the probability of a recession materializing rises, advertisers pull back on their spending. But this is also a two-sided coin. Even though recessions are inevitable, they&#39;re typically short-lived. Buying ad-driven stocks during these short swoons often allows investors to take advantage of long-winded economic expansions.</p><p>Alphabet&#39;s competitive advantage isn&#39;t going away anytime soon, either. Since December 2018, data from GlobalStats shows that Google has accounted for roughly 91% to 93% of global internet search share. Having a 90-percentage-point lead over its next-closest competitor allows Google to command significant pricing power for ad placement.</p><p>Alphabet&#39;s ancillary operating segments provide plenty of promise, too. YouTube is the second most visited social platform in the world, with Shorts getting more than 50 billion daily views. Meanwhile, Google Cloud has worked its way up to a 10% share of global cloud infrastructure-service spending.</p><p>Based on both forward-year earnings and future cash flow, Alphabet is cheaper now than at any point since it became a publicly traded company.</p><h2><a href=\"https://laohu8.com/S/EXEL\">Exelixis</a></h2><p>The second amazing growth stock you&#39;ll be kicking yourself for not buying during the Nasdaq bear market dip is biotech stock Exelixis. Despite occasional clinical trial failures, cancer-drug developer Exelixis is well positioned to grow by double digits.</p><p>A little over a week ago, Exelixis announced that a late-stage study involving its blockbuster drug Cabometyx in combination with <b>Roche</b>&#39;s Tecentriq failed to meet its primary endpoint of a statistically significant improvement in progression-free survival in a trial for patients with previously treated advanced kidney cancer.  But failures happen. It&#39;s part of being a drug developer.</p><p>What&#39;s far more important is that Exelixis has around six dozen clinical trials ongoing involving Cabometyx as a monotherapy or combination treatment for a variety of cancer types. It only takes a handful of success stories to significantly expand Cabometyx&#39;s sales and pricing power. We&#39;ve already witnessed one of these studies finding the mark, which led to Exelixis and <b>Bristol Myers Squibb</b> gaining first-line approval for their combination treatment for renal cell carcinoma.</p><p>Furthermore, Exelixis has the cash to fund ongoing internal development, collaborations, and possibly even acquisitions. The company closed out 2022 with approximately $1.31 billion in cash, cash equivalents, and short-term investments, and had another $756.7 million in long-term investments.</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>Nasdaq Bear Market: 5 Stunning Growth Stocks You'll Regret Not Buying on the Dip</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\">\nNasdaq Bear Market: 5 Stunning Growth Stocks You'll Regret Not Buying on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-12 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While I hate being the bearer of bad news, stock market corrections are a perfectly normal part of the investing cycle. Since the beginning of 1950, the benchmark S&P 500 has undergone 39 separate ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IIPR":"Innovative Industrial Properties Inc","DIS":"迪士尼","GOOGL":"谷歌A","NIO":"蔚来","EXEL":"伊克力西斯"},"source_url":"https://www.fool.com/investing/2023/03/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318767148","content_text":"While I hate being the bearer of bad news, stock market corrections are a perfectly normal part of the investing cycle. Since the beginning of 1950, the benchmark S&P 500 has undergone 39 separate double-digit percentage corrections, according to data from sell-side consultancy firm Yardeni Research. In other words, the drubbing Wall Street took in 2022 is par for the course when investing for the long run.When the major indexes crossed the finish line last year, it was the growth-focused Nasdaq Composite that was hit hardest. The Nasdaq, which led the broader market to new highs in 2021, shed 33% of its value in 2022 and continues to stew in a bear market.But there's a silver lining in this bad news. Though we'll never be able to forecast exactly when a bear market will occur or how steep the decline will be, we do know that every previous bear market in the major U.S. stock indexes (including the Nasdaq) was eventually whisked away by a bull market. It effectively means that every bear market is the ideal time to put your money to work.It's an especially lucrative time to go shopping for growth stocks. What follows are five stunning growth stocks you'll regret not buying on the Nasdaq bear market dip.NioThe first phenomenal growth stock just begging to be bought during the bear market decline is China-based electric vehicle (EV) manufacturer Nio. Although supply chain issues continue to weigh on Nio's production expansion efforts, a number of headwinds have been safely put in the back seat.For the past couple of years, China stocks carried extra investment risk due to the country's zero-COVID strategy, as well as the possible delisting of China stocks by U.S. regulators. However, China has abandoned its zero-COVID strategy and reopened its economy. What's more, regulators gained hold of three years' worth of financial audits for Chinese firms, which removes the fear of delisting. In short, Nio is considerably de-risked from where things stood four months ago.But what's really been impressive about this company is its various forms of innovation. Nio has been introducing at least one new EV each year and has seen sales of its ET7 and ET5 sedans take off since hitting showrooms last year. With the exception of January, when production was constrained by factory closures as a result of the Chinese New Year, Nio has delivered in excess of 10,000 EVs every month since June 2022, with its sedans regularly accounting for more than half of those deliveries.Nio's out-of-the-box innovation is on display as well. In August 2020, the company announced the rollout of its battery-as-a-service (BaaS) subscription. BaaS allows its EV buyers to charge, swap, and upgrade batteries at more than 1,300 power swap stations and more than 1,200 power charger stations. In exchange for a reduced EV purchase price, Nio nets high-margin, recurring subscription revenue from buyers via BaaS and keeps buyers loyal to the brand.Image source: Walt Disney.Walt DisneyA third stunning growth stock you'll regret not adding during the Nasdaq bear market drop is the popular \"House of Mouse,\" Walt Disney. Though Walt Disney is a mature business, it's expected to sustain a double-digit earnings growth rate for the next half-decade. That absolutely makes it a growth stock.The biggest competitive edge that Disney offers is that its business can't be duplicated. While there are other theme parks consumers can visit and other movies on the big screen, Disney's characters and stories, along with the emotion, engagement, and imagination they evoke in consumers, can't be duplicated by any other company.As I've previously suggested, the value of this irreplaceability can be seen in Walt Disney's pricing power. Since Disneyland opened its doors in Southern California in 1955, admission prices have risen by 10,300%. By comparison, the U.S. inflation rate has jumped a little over 1,000% over the same time span.  Disney has also been able to raise prices on its ad-free streaming service, Disney+, while losing only a small fraction of its subscribers.The next step in Walt Disney's evolution is turning its money-losing streaming segment into a profit machine. Newly reappointed CEO Bob Iger increased monthly subscription prices and is targeting profitability for this segment toward the end of fiscal 2024. Once streaming becomes cash-flow positive, I'd be surprised to see Disney stock anywhere near $100 per share.Innovative Industrial PropertiesThe fourth magnificent growth stock that you'll regret not scooping up during the Nasdaq's bear market swoon is marijuana-focused real estate investment trust (REIT) Innovative Industrial Properties. In spite of rent-collection speed bumps in recent months, IIP, as Innovative Industrial Properties is known, can show patient investors the green.The prevailing concern with IIP is that its on-time rental collection rate has dropped from 100% to 92% as of the end of February 2023. But it's important to understand that all REITs eventually deal with delinquencies. It's how companies handle their delinquencies that matters. IIP's fourth-quarter report and year-to-date update shows it's working through these delinquencies and should be able to sustain these revenue streams or outright sell these properties for cash.Another key point with Innovative Industrial Properties is that 100% of its properties are triple-net leased (also known as \"NNN leased\"). NNN-leased properties require the tenant to cover all expenses, including utilities, maintenance, and even property tax and insurance. While NNN leases reduce the rental income IIP can expect to receive, it also removes any chance of surprise expenses or inflation hurting the company.Lastly, Innovative Industrial Properties might be one of the few pot stocks benefiting from weed remaining illegal at the federal level. Since most cannabis companies have limited access to basic financial services, IIP has been able to work out sale-leaseback agreements that benefit both parties. Cultivators and processors get cash they sorely need from IIP, and IIP lands long-term tenants through this program.AlphabetA fifth stunning growth stock that you'll regret not buying during the Nasdaq bear market dip is Alphabet (GOOGL) (GOOG), the parent company of internet search engine Google, autonomous vehicle company Waymo, and streaming platform YouTube.At the moment, advertising weakness is Alphabet's biggest headwind. When the probability of a recession materializing rises, advertisers pull back on their spending. But this is also a two-sided coin. Even though recessions are inevitable, they're typically short-lived. Buying ad-driven stocks during these short swoons often allows investors to take advantage of long-winded economic expansions.Alphabet's competitive advantage isn't going away anytime soon, either. Since December 2018, data from GlobalStats shows that Google has accounted for roughly 91% to 93% of global internet search share. Having a 90-percentage-point lead over its next-closest competitor allows Google to command significant pricing power for ad placement.Alphabet's ancillary operating segments provide plenty of promise, too. YouTube is the second most visited social platform in the world, with Shorts getting more than 50 billion daily views. Meanwhile, Google Cloud has worked its way up to a 10% share of global cloud infrastructure-service spending.Based on both forward-year earnings and future cash flow, Alphabet is cheaper now than at any point since it became a publicly traded company.ExelixisThe second amazing growth stock you'll be kicking yourself for not buying during the Nasdaq bear market dip is biotech stock Exelixis. Despite occasional clinical trial failures, cancer-drug developer Exelixis is well positioned to grow by double digits.A little over a week ago, Exelixis announced that a late-stage study involving its blockbuster drug Cabometyx in combination with Roche's Tecentriq failed to meet its primary endpoint of a statistically significant improvement in progression-free survival in a trial for patients with previously treated advanced kidney cancer.  But failures happen. It's part of being a drug developer.What's far more important is that Exelixis has around six dozen clinical trials ongoing involving Cabometyx as a monotherapy or combination treatment for a variety of cancer types. It only takes a handful of success stories to significantly expand Cabometyx's sales and pricing power. We've already witnessed one of these studies finding the mark, which led to Exelixis and Bristol Myers Squibb gaining first-line approval for their combination treatment for renal cell carcinoma.Furthermore, Exelixis has the cash to fund ongoing internal development, collaborations, and possibly even acquisitions. The company closed out 2022 with approximately $1.31 billion in cash, cash equivalents, and short-term investments, and had another $756.7 million in long-term investments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952760727,"gmtCreate":1674988581770,"gmtModify":1676538969664,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584319636150796","authorIdStr":"3584319636150796"},"themes":[],"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952760727","repostId":"1113358282","repostType":4,"repost":{"id":"1113358282","kind":"news","pubTimestamp":1674962399,"share":"https://ttm.financial/m/news/1113358282?lang=&edition=fundamental","pubTime":"2023-01-29 11:19","market":"us","language":"en","title":"Tesla's Future As A Super Conglomerate?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113358282","media":"Seeking Alpha","summary":"SummaryWhen based on present fundamentals, Tesla, Inc. is priced for growth and appreciation, as we ","content":"<html><head></head><body><h2>Summary</h2><ul><li>When based on present fundamentals, Tesla, Inc. is priced for growth and appreciation, as we anticipate 20% upside from current levels.</li><li>Expect Tesla earnings surprises in the way of deliveries, as larger-scale producers with more expertise are positioned to take market share away from up-starts.</li><li>We project revenue of $222 billion, and derive our price forecast based on a combination adjusted EBITDA/earnings multiples.</li><li>Elon Musk might combine his businesses into a superstructure entity like Google, which  could be valued at $10 Trillion + by 2033.</li><li>Absent substantial M&amp;A activity, Tesla doesn&#39;t achieve a valuation that&#39;s in excess of Apple and Saudi Aramco.</li></ul><p><img src=\"https://static.tigerbbs.com/2f6e8b754fbdaeffb25dc19af1c7b455\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Tesla, Inc. (NASDAQ:TSLA) had what many would consider a very strong quarter in quite a while, as TSLA inQ4 2022beat on revenue and earnings without as much ludicrous commentary as usual from Elon Muskon the earnings call. Investors responded favorably, adding +25% to the stock price over the past five trading sessions. We value the business at $195/share and expect upside on new announcements and ongoing execution absent any material shortages for supplies in the supply chain. TSLA&#39;s solid performance in the afterhours session continued into Thursday’s trading session for an additional +10% gain, bringing the BEV (battery electric vehicle) maker&#39;s market cap to $500 billion.</p><p>We value TSLA stock using a mix of adjusted EBITDA and P/E multiples on FY &#39;25 revenue of $222 billion, and anticipate an additional 20% upside, maybe more depending on hype/optimism tied to productroadmap and deliveries. Tesla reported Q4 ‘22 revenue of $24.32 billion versus consensus $24.16 billion, and adjusted dil. EPS of $1.19 versus $1.13, beating estimates by 5.3%.</p><p>We noted a drop in profitability, which was driven by lower ASPs, but the announcement of some higher margin categories like the Tesla Cybertruck and Tesla Semi Truck makes us extremely optimistic that the net profit margin erosion won’t be as severe, even with volume car production on Model 3/Y putting pressure on average selling prices.</p><p>We also liked that Elon Musk referenced the Cybertruck on theQ4 2022 earnings call:</p><blockquote>“Yes, Cybertruck will have Hardware 4. And to be clear, for 2023, Cybertruck will not be a significant contributor to the bottom line but it will be into next year.”</blockquote><p>So, Cybertruck is on track, and Rivian Automotive, Inc. (RIVN) finally has to meet its electric competitor in 2023.</p><h2>Investment thesis summary</h2><p>We anticipate that there’s a compelling case for why Tesla could deliver 1.8 million to 2 million cars in 2023. Tesla is not as supply constrained, and production is starting to normalize reducing the shortages experienced at the onset of the pandemic. TSLA’s gaining share on pricing and new customer adoption, with market penetration at a low enough base to suggest a material vehicle opportunity, which is reflected in our analysis.</p><p>Figure 1. Vehicle production capacity<img src=\"https://static.tigerbbs.com/3aa2a58f569deda95f2eb98c38a2df94\" tg-width=\"598\" tg-height=\"626\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Tesla(Tesla)</p><p>Elon Musk expects 1.8 million car deliveries, but with ramp-up of various facilities, and some announced production/volume gains within existing production sites, there’s a bias towards 200k volume beat, which we embed in our model to help capture any delivery surprises on heightened demand due to gas price sensitivity and electric vehicle credits.</p><p>We anticipate production surprises going forward, and production ramp-up to scale to levels of conventional automakers using purely BEV technologies. Value-added components like autonomous driving keeping the ASPs higher even at larger volumes by 2025.</p><p>We anticipate that our profit forecast becomes conservative, as TSLA doesn’t have many of the legacy costs of other vehicle OEMs tied to pensions, and has a more established/efficient production line in the BEV space to sustain better profitability. We also anticipate Tesla to make a leap on profitability when battery technologies improve and the cost of battery cells reduces the bill of materials even further.</p><p>Figure 2. Summary of financial model<img src=\"https://static.tigerbbs.com/b556d67740fae163d6761f496ae7502b\" tg-width=\"777\" tg-height=\"471\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Analysis by Trade Theory(Trade Theory)</p><p>We recommend TSLA and provide a $195 Price Target, implying 22% upside from current levels. While we don’t enjoy the CEOs character or attitude in public or his comments on Twitter, we cannot deny that the business is positioned for substantial growth, as we value TSLA using a blend of historical growth based multiples, tech EV/EBITDA multiples, and average the value on FY’ 25 estimated adjusted dil. EPS of $9.30. We then discount our assumption by 9.5% or firm’s WACC (weighted average cost of capital) to then arrive at a $195 price target.</p><p>We expect the company to grow sales to $222 billion on 4.5 million vehicle deliveries at an average selling price of $49 thousand dollars, which translates to a business that will be valued at $1.2 trillion by 2025. Absent any material changes to the business like the merger and combination of various businesses… there’s realistically no path to achieving a $4-$5 trillion valuation over the next 3-5 years.</p><h2>What is Elon Musk trying to communicate?</h2><p>We find ourselves stumped right now; how does Elon Musk anticipate that he’s going to eclipse two of the biggest companies on earth and ignore his closest competitors, all whilegetting questionedin court within the same week, regarding the separate incident of his tweet announcing taking the company private at $420 per share with the help of the Saudi fund (a deal which later got revealed to be preliminary rather than “secured”). Twitter users polled would much rather have a different owner than Elon Musk.</p><p>It’s almost comical at this point, because it’s almost as bad as watching an entire nation of fans sour on a sports team owner and request a change in ownership, except there’s hardly anyone on planet earth that could afford to buy such a large tech company, let alone pry it from the second-richest person on earth after he pried it away from Jack Dorsey. The bird stays in Elon’s portfolio, and we expect the portfolio to come together in some sort of death star construction.</p><h2>We think Elon Musk is absolutely serious about eclipsing both companies in value</h2><p>Now some might have skipped this part of an earlier earnings call, laughed, or something. But, Elon Musk envisions the companybecoming bigger than Appleand Saudi Aramco combined on a market capitalization basis in the future. He literally said that on Q3 ‘22 earnings, and then he never mentioned anything about it again on the Q4 ‘22 earnings call.</p><p>After the shakedown in the courthouse, we’re not surprised that he’s not making such wild statements on the Q4 ‘22 earnings call. And as a consequence, the stock does better as a result by rallying +5% in the after hour session following Wednesday’s earnings announcement at close.</p><p>If we combine Apple Inc. (AAPL) at $2.25 trillion, and Saudi Aramco at $1.94 trillion, it would combine to a $4.19 trillion market cap. At present, Tesla’s market capitalization is $500 billion, which implies that his sales pitch this year is quite simple: the company will increase in value from $500 billion to $4.2 trillion in total market capitalization.</p><p>On his path to $4.2 trillion, Musk’s gone on to denounce every competitor by failing to even acknowledge that a distant number two even exists. We think the distant number 2 automaker is Lucid Group, Inc. (LCID), but then again, maybe Elon’s right, and we’re wrong, who knows?</p><p>What Elon Musk has said for the past two quarters makes uschuckle a little:</p><blockquote>George Gianarikas from Canaccord Genuity asks Elon Musk, I&#39;m curious how you see the current competitive landscape changing over the next few years. And who do you see as your chief competitors five years from now?”</blockquote><blockquote>Elon Musk responds, “Five years is a long time. As with the Tesla order part, AI team, until late last night and just we&#39;re just asking guys like, so who do we think is close to Tesla with -- a general solution for self-driving? And we still don&#39;t even know who would even be a distant second. So, yes, it really seems like we&#39;re -- I mean, right now, I don&#39;t think you could see a second place with a telescope, at least we can&#39;t. So, that wouldn&#39;t last forever. So, in five years, I don&#39;t know, probably somebody has figured it out. I don&#39;t think it&#39;s any of the car companies that we&#39;re aware of. But I&#39;m just guessing that someone might be right out eventually, so yes.”</blockquote><p>So, Apple shareholders, and Tim Cook, have to somehow acknowledge that Elon Musk and Tesla Inc. is going to eclipse them in value, but Elon Musk can’t point to anyone else catching up to Tesla Inc. and his path to global dominance? The CEO is unwilling to admit outright what an analyst is suggesting indirectly as a means of reaching such a crazy goal.</p><p>Elon Musk and George Glanarikas from last quarter,Q3 ‘22 earnings call, from Seeking Alpha transcripts:</p><blockquote>George Gianarikas from Canaccord Genuity, “And just as a follow-up, this is for Elon. With your pending acquisition of Twitter and your stakes in SpaceX and Neuralink and Tesla, how much would the combined companies benefit from operating under a single super structure, if at all, like a Google Alphabet?”</blockquote><blockquote>To which Elon Musk eagerly tries to deny the possibility of the mega merger, “It’s not clear to me what the overlap is. It’s not zero, but it’s -- I think we’re reaching. I’m not worried about it. I’m not an investor. I’m an engineer, a manufacturing person and a technologist. So, I actually work and design and develop products. That’s what I do. So, it’s not a -- we’re not going to have a portfolio sort of investments over it. So, I don’t know. I don’t see obvious sort of some -- get combined under an umbrella, at least right now.”</blockquote><p>Now, keep in mind, both AAPL and Aramco are likely to grow in value at the average S&amp;P 500 Index (SP500) growth rate at minimum, so not only does Tesla have to overshoot the $4.2 Trillion number, but also account for the growth rate of both companies. So, if $4.2 trillion has a return rate of 12% for the 10-year period, Tesla Motors would need to reach a valuation of $13 Trillion assuming those two companies continue to grow in-line with the S&amp;P 500 average.</p><h2>How does Tesla Inc. reach $13 Trillion in value over the next 10 years?</h2><p>Elon Musk could assemble his entire portfolio of businesses that he’s built or advised on to become a super conglomerate. If Tesla were to combine all the entities it would mirror the Death Star construction from<i>Star Wars Episode 6,</i>with a rebel faction of DOJ regulators, the last holdout from stopping global domination.</p><p>And we don’t mean this in sarcastic humor, but really that’s the only hint we’ve got at $500 billion appreciating to $13 trillion over the course of 10 years. If Elon Musk does decide to merge everything into a conglomerate and takes a backseat like Warren Buffett (Berkshire), Bill Gates (Microsoft), Tim Cook (Apple), Sundar Pichai (Google), Jeff Bezos (Amazon)… it would look as good or bad as the picture we carefully assembled below.</p><p>Figure 3. The Empire Might Strike Back…</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7686caf1259019b4a429c2118e1616f7\" tg-width=\"853\" tg-height=\"578\" width=\"100%\" height=\"auto\"/><span>Image is author’s interpretation of current events(Trade Theory Illustration)</span></p><p>This sounds a bit crazier than the usual Elon Musk we’ve come to know over the years. But, let’s roll with the punches here, because about 6 or 7 years ago, somebody laughed on a conference call when he said Tesla was going to reach $700 billion and ended up with an $800 billion peak valuation. We’re not going to make that mistake; instead we’re going to try and entertain the super genius&#39;s craziness with our crazy interpretation of what he’s thinking.</p><p>We have a hard time imagining how Tesla, Inc. on its own amounts to the valuation growth needed to satisfy the $14 trillion value we estimate is needed to eclipse the combined value of Apple and Saudi Aramco by 2033. It almost sounds way too ambitious by most measures, but if we think carefully about the ramifications of Elon Musk combining the separate businesses he’s built into a sort of superstructure, it would benefit one person primarily: Elon Musk. Which is why we don’t believe the comments he made to the analyst about not wanting to assemble a portfolio.</p><p>Now, if you think about the way the businesses are structured right now, they offer no immediate synergies, and some would argue that they perform better as separate companies. But, it also limits investors to separately traded vehicles, and those businesses are linked to Elon Musk. Apple wouldn’t be as valuable of a company without diversifying into more products and categories inclusive of services and even payment technologies, music, and entertainment.</p><h2>Value of a super Tesla entity at present?</h2><p>When we look at the validity of merging into a super structure, we think it makes sense for a number of reasons.</p><p><b>1) Scale.</b>TSLA’s market opportunity in vehicles, though large, represents saturation risk at some point in the future.</p><p>Figure 4. Consolidated value of Elon Musk involved businesses<img src=\"https://static.tigerbbs.com/d46a2e6b6e7318357810796d2c9a75c3\" tg-width=\"417\" tg-height=\"287\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>estimate by Trade Theory(Trade Theory)</p><p>If TSLA goes conglomerate, it would compose a number of opportunities like social networking, payment technology, neuro technology, space exploration and mining, space broadband, online auction marketplace, government computing contracts, and so forth.</p><p>2)<b>Unique portfolio</b>has substantial synergies due to founder and board level cooperation to ensure consolidation as all the businesses are related to Elon Musk.</p><p>3)<b>Space exploration</b>extremely valuable, with SpaceX valued at $137 billion, and expansion into biotech extremely valuable with Neuralink representing more than $10 billion market cap opportunity on medical device technologies. When combined with the existing or former publicly traded companies, PayPal (PYPL),eBay.com(EBAY), Palantir (PLNT) and Twitter (TWTR) the consolidated enterprise value could at some point compete with and exceed the combined value of AAPL and Aramco, though it would take an aggressive growth rate of 30% off the base of 9 or 10 different companies combined into a single entity.</p><h2>Never doubt Elon Musk</h2><p>Though we might come across as playful and sarcastic, perhaps we want to pride ourselves on seeing around corners as to what happens next. While we like the organic growth metrics, and the projected run rate to an eventual production volume of 5 million to 10 million vehicles making BEVs reach production scale similar to the big 3 autos in America, we see that scenario valuing Tesla, Inc. stock at $195/share currently with a path of beats taking us past $200 per share this year.</p><p>Profitability is driven by the higher ASPs and consumers conforming to a more inflationary/higher priced environment. Even with those assumptions, we factor about +20% upside, maybe more upside on some expectation beats throughout the year. M&amp;A activity could increase the size of the business at some point, and we think TSLA will combine businesses as the BEV business starts to mature and becomes less profitable.</p><p>Tesla, Inc. stock already carries significant upside. Near-term opportunities tied to the car business, energy storage, financing, and insurance should provide enough meat for shareholders over the next 12 months. But, over a longer time frame, people will begin to wonder if Tesla can reach a value that’s in excess of Apple and Aramco.</p><p>So, if Elon says it’s possible, then who are we to say it’s not? Instead, we opted to match his craziness, as we reassert our positive stance on Tesla, Inc. throughout the entirety of this article.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Future As A Super Conglomerate?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Future As A Super Conglomerate?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-29 11:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4573174-teslas-future-as-a-super-conglomerate><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWhen based on present fundamentals, Tesla, Inc. is priced for growth and appreciation, as we anticipate 20% upside from current levels.Expect Tesla earnings surprises in the way of deliveries, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4573174-teslas-future-as-a-super-conglomerate\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4573174-teslas-future-as-a-super-conglomerate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113358282","content_text":"SummaryWhen based on present fundamentals, Tesla, Inc. is priced for growth and appreciation, as we anticipate 20% upside from current levels.Expect Tesla earnings surprises in the way of deliveries, as larger-scale producers with more expertise are positioned to take market share away from up-starts.We project revenue of $222 billion, and derive our price forecast based on a combination adjusted EBITDA/earnings multiples.Elon Musk might combine his businesses into a superstructure entity like Google, which  could be valued at $10 Trillion + by 2033.Absent substantial M&A activity, Tesla doesn't achieve a valuation that's in excess of Apple and Saudi Aramco.Tesla, Inc. (NASDAQ:TSLA) had what many would consider a very strong quarter in quite a while, as TSLA inQ4 2022beat on revenue and earnings without as much ludicrous commentary as usual from Elon Muskon the earnings call. Investors responded favorably, adding +25% to the stock price over the past five trading sessions. We value the business at $195/share and expect upside on new announcements and ongoing execution absent any material shortages for supplies in the supply chain. TSLA's solid performance in the afterhours session continued into Thursday’s trading session for an additional +10% gain, bringing the BEV (battery electric vehicle) maker's market cap to $500 billion.We value TSLA stock using a mix of adjusted EBITDA and P/E multiples on FY '25 revenue of $222 billion, and anticipate an additional 20% upside, maybe more depending on hype/optimism tied to productroadmap and deliveries. Tesla reported Q4 ‘22 revenue of $24.32 billion versus consensus $24.16 billion, and adjusted dil. EPS of $1.19 versus $1.13, beating estimates by 5.3%.We noted a drop in profitability, which was driven by lower ASPs, but the announcement of some higher margin categories like the Tesla Cybertruck and Tesla Semi Truck makes us extremely optimistic that the net profit margin erosion won’t be as severe, even with volume car production on Model 3/Y putting pressure on average selling prices.We also liked that Elon Musk referenced the Cybertruck on theQ4 2022 earnings call:“Yes, Cybertruck will have Hardware 4. And to be clear, for 2023, Cybertruck will not be a significant contributor to the bottom line but it will be into next year.”So, Cybertruck is on track, and Rivian Automotive, Inc. (RIVN) finally has to meet its electric competitor in 2023.Investment thesis summaryWe anticipate that there’s a compelling case for why Tesla could deliver 1.8 million to 2 million cars in 2023. Tesla is not as supply constrained, and production is starting to normalize reducing the shortages experienced at the onset of the pandemic. TSLA’s gaining share on pricing and new customer adoption, with market penetration at a low enough base to suggest a material vehicle opportunity, which is reflected in our analysis.Figure 1. Vehicle production capacityTesla(Tesla)Elon Musk expects 1.8 million car deliveries, but with ramp-up of various facilities, and some announced production/volume gains within existing production sites, there’s a bias towards 200k volume beat, which we embed in our model to help capture any delivery surprises on heightened demand due to gas price sensitivity and electric vehicle credits.We anticipate production surprises going forward, and production ramp-up to scale to levels of conventional automakers using purely BEV technologies. Value-added components like autonomous driving keeping the ASPs higher even at larger volumes by 2025.We anticipate that our profit forecast becomes conservative, as TSLA doesn’t have many of the legacy costs of other vehicle OEMs tied to pensions, and has a more established/efficient production line in the BEV space to sustain better profitability. We also anticipate Tesla to make a leap on profitability when battery technologies improve and the cost of battery cells reduces the bill of materials even further.Figure 2. Summary of financial modelAnalysis by Trade Theory(Trade Theory)We recommend TSLA and provide a $195 Price Target, implying 22% upside from current levels. While we don’t enjoy the CEOs character or attitude in public or his comments on Twitter, we cannot deny that the business is positioned for substantial growth, as we value TSLA using a blend of historical growth based multiples, tech EV/EBITDA multiples, and average the value on FY’ 25 estimated adjusted dil. EPS of $9.30. We then discount our assumption by 9.5% or firm’s WACC (weighted average cost of capital) to then arrive at a $195 price target.We expect the company to grow sales to $222 billion on 4.5 million vehicle deliveries at an average selling price of $49 thousand dollars, which translates to a business that will be valued at $1.2 trillion by 2025. Absent any material changes to the business like the merger and combination of various businesses… there’s realistically no path to achieving a $4-$5 trillion valuation over the next 3-5 years.What is Elon Musk trying to communicate?We find ourselves stumped right now; how does Elon Musk anticipate that he’s going to eclipse two of the biggest companies on earth and ignore his closest competitors, all whilegetting questionedin court within the same week, regarding the separate incident of his tweet announcing taking the company private at $420 per share with the help of the Saudi fund (a deal which later got revealed to be preliminary rather than “secured”). Twitter users polled would much rather have a different owner than Elon Musk.It’s almost comical at this point, because it’s almost as bad as watching an entire nation of fans sour on a sports team owner and request a change in ownership, except there’s hardly anyone on planet earth that could afford to buy such a large tech company, let alone pry it from the second-richest person on earth after he pried it away from Jack Dorsey. The bird stays in Elon’s portfolio, and we expect the portfolio to come together in some sort of death star construction.We think Elon Musk is absolutely serious about eclipsing both companies in valueNow some might have skipped this part of an earlier earnings call, laughed, or something. But, Elon Musk envisions the companybecoming bigger than Appleand Saudi Aramco combined on a market capitalization basis in the future. He literally said that on Q3 ‘22 earnings, and then he never mentioned anything about it again on the Q4 ‘22 earnings call.After the shakedown in the courthouse, we’re not surprised that he’s not making such wild statements on the Q4 ‘22 earnings call. And as a consequence, the stock does better as a result by rallying +5% in the after hour session following Wednesday’s earnings announcement at close.If we combine Apple Inc. (AAPL) at $2.25 trillion, and Saudi Aramco at $1.94 trillion, it would combine to a $4.19 trillion market cap. At present, Tesla’s market capitalization is $500 billion, which implies that his sales pitch this year is quite simple: the company will increase in value from $500 billion to $4.2 trillion in total market capitalization.On his path to $4.2 trillion, Musk’s gone on to denounce every competitor by failing to even acknowledge that a distant number two even exists. We think the distant number 2 automaker is Lucid Group, Inc. (LCID), but then again, maybe Elon’s right, and we’re wrong, who knows?What Elon Musk has said for the past two quarters makes uschuckle a little:George Gianarikas from Canaccord Genuity asks Elon Musk, I'm curious how you see the current competitive landscape changing over the next few years. And who do you see as your chief competitors five years from now?”Elon Musk responds, “Five years is a long time. As with the Tesla order part, AI team, until late last night and just we're just asking guys like, so who do we think is close to Tesla with -- a general solution for self-driving? And we still don't even know who would even be a distant second. So, yes, it really seems like we're -- I mean, right now, I don't think you could see a second place with a telescope, at least we can't. So, that wouldn't last forever. So, in five years, I don't know, probably somebody has figured it out. I don't think it's any of the car companies that we're aware of. But I'm just guessing that someone might be right out eventually, so yes.”So, Apple shareholders, and Tim Cook, have to somehow acknowledge that Elon Musk and Tesla Inc. is going to eclipse them in value, but Elon Musk can’t point to anyone else catching up to Tesla Inc. and his path to global dominance? The CEO is unwilling to admit outright what an analyst is suggesting indirectly as a means of reaching such a crazy goal.Elon Musk and George Glanarikas from last quarter,Q3 ‘22 earnings call, from Seeking Alpha transcripts:George Gianarikas from Canaccord Genuity, “And just as a follow-up, this is for Elon. With your pending acquisition of Twitter and your stakes in SpaceX and Neuralink and Tesla, how much would the combined companies benefit from operating under a single super structure, if at all, like a Google Alphabet?”To which Elon Musk eagerly tries to deny the possibility of the mega merger, “It’s not clear to me what the overlap is. It’s not zero, but it’s -- I think we’re reaching. I’m not worried about it. I’m not an investor. I’m an engineer, a manufacturing person and a technologist. So, I actually work and design and develop products. That’s what I do. So, it’s not a -- we’re not going to have a portfolio sort of investments over it. So, I don’t know. I don’t see obvious sort of some -- get combined under an umbrella, at least right now.”Now, keep in mind, both AAPL and Aramco are likely to grow in value at the average S&P 500 Index (SP500) growth rate at minimum, so not only does Tesla have to overshoot the $4.2 Trillion number, but also account for the growth rate of both companies. So, if $4.2 trillion has a return rate of 12% for the 10-year period, Tesla Motors would need to reach a valuation of $13 Trillion assuming those two companies continue to grow in-line with the S&P 500 average.How does Tesla Inc. reach $13 Trillion in value over the next 10 years?Elon Musk could assemble his entire portfolio of businesses that he’s built or advised on to become a super conglomerate. If Tesla were to combine all the entities it would mirror the Death Star construction fromStar Wars Episode 6,with a rebel faction of DOJ regulators, the last holdout from stopping global domination.And we don’t mean this in sarcastic humor, but really that’s the only hint we’ve got at $500 billion appreciating to $13 trillion over the course of 10 years. If Elon Musk does decide to merge everything into a conglomerate and takes a backseat like Warren Buffett (Berkshire), Bill Gates (Microsoft), Tim Cook (Apple), Sundar Pichai (Google), Jeff Bezos (Amazon)… it would look as good or bad as the picture we carefully assembled below.Figure 3. The Empire Might Strike Back…Image is author’s interpretation of current events(Trade Theory Illustration)This sounds a bit crazier than the usual Elon Musk we’ve come to know over the years. But, let’s roll with the punches here, because about 6 or 7 years ago, somebody laughed on a conference call when he said Tesla was going to reach $700 billion and ended up with an $800 billion peak valuation. We’re not going to make that mistake; instead we’re going to try and entertain the super genius's craziness with our crazy interpretation of what he’s thinking.We have a hard time imagining how Tesla, Inc. on its own amounts to the valuation growth needed to satisfy the $14 trillion value we estimate is needed to eclipse the combined value of Apple and Saudi Aramco by 2033. It almost sounds way too ambitious by most measures, but if we think carefully about the ramifications of Elon Musk combining the separate businesses he’s built into a sort of superstructure, it would benefit one person primarily: Elon Musk. Which is why we don’t believe the comments he made to the analyst about not wanting to assemble a portfolio.Now, if you think about the way the businesses are structured right now, they offer no immediate synergies, and some would argue that they perform better as separate companies. But, it also limits investors to separately traded vehicles, and those businesses are linked to Elon Musk. Apple wouldn’t be as valuable of a company without diversifying into more products and categories inclusive of services and even payment technologies, music, and entertainment.Value of a super Tesla entity at present?When we look at the validity of merging into a super structure, we think it makes sense for a number of reasons.1) Scale.TSLA’s market opportunity in vehicles, though large, represents saturation risk at some point in the future.Figure 4. Consolidated value of Elon Musk involved businessesestimate by Trade Theory(Trade Theory)If TSLA goes conglomerate, it would compose a number of opportunities like social networking, payment technology, neuro technology, space exploration and mining, space broadband, online auction marketplace, government computing contracts, and so forth.2)Unique portfoliohas substantial synergies due to founder and board level cooperation to ensure consolidation as all the businesses are related to Elon Musk.3)Space explorationextremely valuable, with SpaceX valued at $137 billion, and expansion into biotech extremely valuable with Neuralink representing more than $10 billion market cap opportunity on medical device technologies. When combined with the existing or former publicly traded companies, PayPal (PYPL),eBay.com(EBAY), Palantir (PLNT) and Twitter (TWTR) the consolidated enterprise value could at some point compete with and exceed the combined value of AAPL and Aramco, though it would take an aggressive growth rate of 30% off the base of 9 or 10 different companies combined into a single entity.Never doubt Elon MuskThough we might come across as playful and sarcastic, perhaps we want to pride ourselves on seeing around corners as to what happens next. While we like the organic growth metrics, and the projected run rate to an eventual production volume of 5 million to 10 million vehicles making BEVs reach production scale similar to the big 3 autos in America, we see that scenario valuing Tesla, Inc. stock at $195/share currently with a path of beats taking us past $200 per share this year.Profitability is driven by the higher ASPs and consumers conforming to a more inflationary/higher priced environment. Even with those assumptions, we factor about +20% upside, maybe more upside on some expectation beats throughout the year. M&A activity could increase the size of the business at some point, and we think TSLA will combine businesses as the BEV business starts to mature and becomes less profitable.Tesla, Inc. stock already carries significant upside. Near-term opportunities tied to the car business, energy storage, financing, and insurance should provide enough meat for shareholders over the next 12 months. But, over a longer time frame, people will begin to wonder if Tesla can reach a value that’s in excess of Apple and Aramco.So, if Elon says it’s possible, then who are we to say it’s not? Instead, we opted to match his craziness, as we reassert our positive stance on Tesla, Inc. throughout the entirety of this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952760556,"gmtCreate":1674988569175,"gmtModify":1676538969656,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584319636150796","authorIdStr":"3584319636150796"},"themes":[],"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952760556","repostId":"1113358282","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968806504,"gmtCreate":1669168637708,"gmtModify":1676538161574,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584319636150796","authorIdStr":"3584319636150796"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$SINGAPORE EXCHANGE LIMITED(S68.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968806504","isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9949682197,"gmtCreate":1678593959620,"gmtModify":1678593964204,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584319636150796","idStr":"3584319636150796"},"themes":[],"htmlText":"Alphabet is the one","listText":"Alphabet is the one","text":"Alphabet is the one","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949682197","repostId":"2318767148","repostType":4,"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943619763,"gmtCreate":1679403506052,"gmtModify":1679403510704,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584319636150796","idStr":"3584319636150796"},"themes":[],"htmlText":"It's an opportunity to buy low in panic situation &nbsp;.History always repeat itself for In long run the &nbsp; markets will recover and rise.","listText":"It's an opportunity to buy low in panic situation &nbsp;.History always repeat itself for In long run the &nbsp; markets will recover and rise.","text":"It's an opportunity to buy low in panic situation .History always repeat itself for In long run the markets will recover and rise.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943619763","repostId":"2321663825","repostType":4,"repost":{"id":"2321663825","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679386123,"share":"https://ttm.financial/m/news/2321663825?lang=&edition=fundamental","pubTime":"2023-03-21 16:08","market":"us","language":"en","title":"The Bank Panic of 2023 Could Be Just What the Stock Market Needs to Make Money for Investors Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2321663825","media":"Dow Jones","summary":"Why the S&P 500 can be expected to bottom in April or May and post a double-digit gain by March 2024","content":"<html><head></head><body><p>Why the S&amp;P 500 can be expected to bottom in April or May and post a double-digit gain by March 2024.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5147e1be08859af49b11144c24e749b9\" tg-width=\"700\" tg-height=\"511\" referrerpolicy=\"no-referrer\"/><span>ISTOCK</span></p><blockquote>Plunge followed by quick recovery is the stock market’s typical pattern in economic crises.</blockquote><p>The S&amp;P 500  could beat inflation by 8% over the next 12 months. That cheery prospect emerges from an analysis of the U.S. stock market&#39;s reaction to past banking panics. Though stocks not surprisingly declined in the immediate wake of those past crises, they almost always recovered quickly. On average a year later, the market was well above where it stood before the crisis erupted.</p><p>To conduct this analysis, I focused on banking panics in the U.S. since 1870, according to a database compiled by Matthew Baron of Cornell University, Emil Verner of MIT, and Wei Ziong of Princeton. On average, the stock market&#39;s post-panic low was hit within two months of the panic&#39;s onset. Furthermore, in an average of just five months the S&amp;P 500&#39;s total real return index was higher than where it was prior to the panic&#39;s onset. At the panics&#39; one-year anniversary, the index was 8.0% higher, on average.</p><p>If the stock market follows a similar script in the wake of the current banking crisis, the S&amp;P 500 will hit a low sometime this April or May and then rally strongly -- eclipsing its early-March level by the end of the summer and, by March 2024, sitting on a double-digit gain in nominal terms over where it stood recently. (This nominal gain reflects the average one-year post panic return of 8% real, plus inflation; see accompanying chart.)</p><p><img src=\"https://static.tigerbbs.com/b74498ec13d929a6b73fa31201fd474e\" tg-width=\"700\" tg-height=\"486\" referrerpolicy=\"no-referrer\"/></p><p>These averages gloss over considerable variation from panic to panic. The longest recovery time for any panic since 1870 was for the one that occurred most recently, in September 2008. It took the S&amp;P 500 six months to finally hit its low, and more than an additional year for the S&amp;P 500 to be higher than where it stood prior to the panic&#39;s onset.</p><p>You shouldn&#39;t be particularly surprised by the overall averages. The &#34;plunge followed by quick recovery&#34; pattern is the stock market&#39;s typical reaction to geopolitical and economic crises, not just bank panics -- as I&#39;ve written before.</p><p>Probably the worst thing you can do, from an investment point of view, is to sell into a panic. Odds are good that, by doing that, you&#39;ll get highly unfavorable outcomes.</p><p>Unless you were lucky enough to get out of stocks before the SVB- <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> and Credit Suisse (CSGN.EB)-triggered panic, the best course of action is to hold on for the anticipated recovery. History suggests that, in not too many months, you will be glad you did.</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>The Bank Panic of 2023 Could Be Just What the Stock Market Needs to Make Money for Investors Again</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 Bank Panic of 2023 Could Be Just What the Stock Market Needs to Make Money for Investors Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-21 16:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Why the S&amp;P 500 can be expected to bottom in April or May and post a double-digit gain by March 2024.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5147e1be08859af49b11144c24e749b9\" tg-width=\"700\" tg-height=\"511\" referrerpolicy=\"no-referrer\"/><span>ISTOCK</span></p><blockquote>Plunge followed by quick recovery is the stock market’s typical pattern in economic crises.</blockquote><p>The S&amp;P 500  could beat inflation by 8% over the next 12 months. That cheery prospect emerges from an analysis of the U.S. stock market&#39;s reaction to past banking panics. Though stocks not surprisingly declined in the immediate wake of those past crises, they almost always recovered quickly. On average a year later, the market was well above where it stood before the crisis erupted.</p><p>To conduct this analysis, I focused on banking panics in the U.S. since 1870, according to a database compiled by Matthew Baron of Cornell University, Emil Verner of MIT, and Wei Ziong of Princeton. On average, the stock market&#39;s post-panic low was hit within two months of the panic&#39;s onset. Furthermore, in an average of just five months the S&amp;P 500&#39;s total real return index was higher than where it was prior to the panic&#39;s onset. At the panics&#39; one-year anniversary, the index was 8.0% higher, on average.</p><p>If the stock market follows a similar script in the wake of the current banking crisis, the S&amp;P 500 will hit a low sometime this April or May and then rally strongly -- eclipsing its early-March level by the end of the summer and, by March 2024, sitting on a double-digit gain in nominal terms over where it stood recently. (This nominal gain reflects the average one-year post panic return of 8% real, plus inflation; see accompanying chart.)</p><p><img src=\"https://static.tigerbbs.com/b74498ec13d929a6b73fa31201fd474e\" tg-width=\"700\" tg-height=\"486\" referrerpolicy=\"no-referrer\"/></p><p>These averages gloss over considerable variation from panic to panic. The longest recovery time for any panic since 1870 was for the one that occurred most recently, in September 2008. It took the S&amp;P 500 six months to finally hit its low, and more than an additional year for the S&amp;P 500 to be higher than where it stood prior to the panic&#39;s onset.</p><p>You shouldn&#39;t be particularly surprised by the overall averages. The &#34;plunge followed by quick recovery&#34; pattern is the stock market&#39;s typical reaction to geopolitical and economic crises, not just bank panics -- as I&#39;ve written before.</p><p>Probably the worst thing you can do, from an investment point of view, is to sell into a panic. Odds are good that, by doing that, you&#39;ll get highly unfavorable outcomes.</p><p>Unless you were lucky enough to get out of stocks before the SVB- <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> and Credit Suisse (CSGN.EB)-triggered panic, the best course of action is to hold on for the anticipated recovery. History suggests that, in not too many months, you will be glad you did.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SIVBQ":"硅谷银行","OEF":"标普100指数ETF-iShares","BK4585":"ETF&股票定投概念","SPY":"标普500ETF","BK4534":"瑞士信贷持仓","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","SDS":"两倍做空标普500ETF","BK4211":"区域性银行","OEX":"标普100","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","BK4588":"碎股","LU1861217088.USD":"贝莱德金融科技A2",".DJI":"道琼斯","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H",".IXIC":"NASDAQ Composite","SH":"标普500反向ETF","BK4589":"SVB概念","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","BK4581":"高盛持仓","BK4504":"桥水持仓","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321663825","content_text":"Why the S&P 500 can be expected to bottom in April or May and post a double-digit gain by March 2024.ISTOCKPlunge followed by quick recovery is the stock market’s typical pattern in economic crises.The S&P 500  could beat inflation by 8% over the next 12 months. That cheery prospect emerges from an analysis of the U.S. stock market's reaction to past banking panics. Though stocks not surprisingly declined in the immediate wake of those past crises, they almost always recovered quickly. On average a year later, the market was well above where it stood before the crisis erupted.To conduct this analysis, I focused on banking panics in the U.S. since 1870, according to a database compiled by Matthew Baron of Cornell University, Emil Verner of MIT, and Wei Ziong of Princeton. On average, the stock market's post-panic low was hit within two months of the panic's onset. Furthermore, in an average of just five months the S&P 500's total real return index was higher than where it was prior to the panic's onset. At the panics' one-year anniversary, the index was 8.0% higher, on average.If the stock market follows a similar script in the wake of the current banking crisis, the S&P 500 will hit a low sometime this April or May and then rally strongly -- eclipsing its early-March level by the end of the summer and, by March 2024, sitting on a double-digit gain in nominal terms over where it stood recently. (This nominal gain reflects the average one-year post panic return of 8% real, plus inflation; see accompanying chart.)These averages gloss over considerable variation from panic to panic. The longest recovery time for any panic since 1870 was for the one that occurred most recently, in September 2008. It took the S&P 500 six months to finally hit its low, and more than an additional year for the S&P 500 to be higher than where it stood prior to the panic's onset.You shouldn't be particularly surprised by the overall averages. The \"plunge followed by quick recovery\" pattern is the stock market's typical reaction to geopolitical and economic crises, not just bank panics -- as I've written before.Probably the worst thing you can do, from an investment point of view, is to sell into a panic. Odds are good that, by doing that, you'll get highly unfavorable outcomes.Unless you were lucky enough to get out of stocks before the SVB- $(SIVB)$ and Credit Suisse (CSGN.EB)-triggered panic, the best course of action is to hold on for the anticipated recovery. History suggests that, in not too many months, you will be glad you did.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943923762,"gmtCreate":1679056364757,"gmtModify":1679056368198,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584319636150796","idStr":"3584319636150796"},"themes":[],"htmlText":"AMD","listText":"AMD","text":"AMD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943923762","repostId":"1112158527","repostType":4,"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952760727,"gmtCreate":1674988581770,"gmtModify":1676538969664,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584319636150796","idStr":"3584319636150796"},"themes":[],"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952760727","repostId":"1113358282","repostType":4,"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952760556,"gmtCreate":1674988569175,"gmtModify":1676538969656,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584319636150796","idStr":"3584319636150796"},"themes":[],"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952760556","repostId":"1113358282","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943903831,"gmtCreate":1679012674523,"gmtModify":1679012678173,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584319636150796","idStr":"3584319636150796"},"themes":[],"htmlText":"Competition is better than monopoly.","listText":"Competition is better than monopoly.","text":"Competition is better than monopoly.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943903831","repostId":"2320361770","repostType":4,"repost":{"id":"2320361770","kind":"highlight","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":1679011262,"share":"https://ttm.financial/m/news/2320361770?lang=&edition=fundamental","pubTime":"2023-03-17 08:01","market":"us","language":"en","title":"Microsoft Unveils AI Office Copilot In Fast-Moving Race With Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2320361770","media":"Reuters","summary":"(Reuters) - $Microsoft Corp (MSFT)$ on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival $Google (","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp </a> on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival <a href=\"https://laohu8.com/S/GOOGL\">Google </a> with upgrades to its own widely used office software.</p><p>The technology company previewed a new AI &#34;Copilot&#34; for Microsoft 365, its product suite that includes Word documents, Excel spreadsheets, PowerPoint presentations and Outlook emails. First open to some 20 enterprises for testing, AI will offer a draft in these applications, speeding up content creation and freeing up workers&#39; time, Microsoft said.</p><p>The Redmond, Washington-based company, outpacing peers through investments in ChatGPT&#39;s creator OpenAI, also showcased a new &#34;business chat&#34; experience that can pull data and perform tasks across applications on a user&#39;s written command.</p><p>&#34;We believe this next generation of AI will unlock a new wave of productivity growth,&#34; Satya Nadella, Microsoft&#39;s chief executive, said in an online presentation.</p><p>Microsoft&#39;s share price rose about 4% on the news.</p><p>This week&#39;s drumbeat of developments including new funding for AI startup Adept reflects how companies large and small are locked in a fierce competition to deploy software that could reshape how people work.</p><p>At the center are Microsoft and Google-owner Alphabet Inc, which on Tuesday touted AI features for Gmail and a &#34;magic wand&#34; to draft prose in its own word processor. The capabilities that Microsoft and Google showcased are similar.</p><p>The frenzy to invest in and build new products began with last year&#39;s launch of ChatGPT, the chatbot sensation that showed the public the potential of so-called large language models.</p><p>Such technology learns from past data how to create content anew. It has evolved rapidly. Just this week, OpenAI began the release of a more-powerful version known as GPT-4. This partly underpins Microsoft&#39;s Copilot features, along with an older GPT-3.5 model, business and application data, Microsoft said.</p><p>The new capabilities - offered through Microsoft&#39;s cloud - are poised to attract business and turn around slowing revenue growth, RBC analyst Rishi Jaluria said.</p><p>The Copilot will &#34;drive more usage of Microsoft Office and increase the separation versus competitors,&#34; Jaluria said.</p><h3>TAKING NOTES FOR YOU</h3><p>One of the company&#39;s biggest updates on Thursday was in Excel.</p><p>Microsoft said AI can open up the computational wizardry of its spreadsheet software, long the domain of trained analysts, to any person able to describe a calculation they would like in plain text.</p><p>Similar to live notes that Google showed reporters this week, Microsoft said its Copilot can summarize virtual meetings as they happen in its Teams collaboration software.</p><p>In an interview, Jon Friedman, a corporate vice president at Microsoft, demonstrated this capability. The Copilot generated bullet points summarizing questions that Reuters asked, including whether Microsoft can roll out the technology profitably.</p><p>Large language models require lots of computing power and costs to run.</p><p>Friedman said Microsoft will make the deployment work economically.</p><p>The Copilot summarized his answer thus, during the interview: &#34;Microsoft is working on lowering the cost and increasing the speed and fidelity of the models, but did not disclose the pricing or tiring of the copilot system.&#34; (It meant to say &#34;tiering.&#34;)</p><p>Fine-tuning the technology and ensuring that its answers are factual is why Microsoft is testing Copilot with some customers before a wider rollout, Friedman said. An &#34;amazing thing about large language models is they&#39;re very confident, and they get things wrong,&#34; Friedman added.</p><p>Friedman pointed to Microsoft&#39;s business chat experience as the biggest development on Thursday because it can handle tasks across applications. For instance, a user can ask, &#34;Tell my team how we updated the product strategy,&#34; and the AI will take cues from a morning&#39;s worth of emails, meetings and chat threads, Microsoft said.</p><p>Longer-term, Friedman said, the vision is a more personalized AI.</p><p>&#34;We often make people adapt to the machines and systems we have built,&#34; Friedman said. &#34;This is a thing that will start to adapt to you.&#34;</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>Microsoft Unveils AI Office Copilot In Fast-Moving Race With Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Unveils AI Office Copilot In Fast-Moving Race With Google\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\">2023-03-17 08:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp </a> on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival <a href=\"https://laohu8.com/S/GOOGL\">Google </a> with upgrades to its own widely used office software.</p><p>The technology company previewed a new AI &#34;Copilot&#34; for Microsoft 365, its product suite that includes Word documents, Excel spreadsheets, PowerPoint presentations and Outlook emails. First open to some 20 enterprises for testing, AI will offer a draft in these applications, speeding up content creation and freeing up workers&#39; time, Microsoft said.</p><p>The Redmond, Washington-based company, outpacing peers through investments in ChatGPT&#39;s creator OpenAI, also showcased a new &#34;business chat&#34; experience that can pull data and perform tasks across applications on a user&#39;s written command.</p><p>&#34;We believe this next generation of AI will unlock a new wave of productivity growth,&#34; Satya Nadella, Microsoft&#39;s chief executive, said in an online presentation.</p><p>Microsoft&#39;s share price rose about 4% on the news.</p><p>This week&#39;s drumbeat of developments including new funding for AI startup Adept reflects how companies large and small are locked in a fierce competition to deploy software that could reshape how people work.</p><p>At the center are Microsoft and Google-owner Alphabet Inc, which on Tuesday touted AI features for Gmail and a &#34;magic wand&#34; to draft prose in its own word processor. The capabilities that Microsoft and Google showcased are similar.</p><p>The frenzy to invest in and build new products began with last year&#39;s launch of ChatGPT, the chatbot sensation that showed the public the potential of so-called large language models.</p><p>Such technology learns from past data how to create content anew. It has evolved rapidly. Just this week, OpenAI began the release of a more-powerful version known as GPT-4. This partly underpins Microsoft&#39;s Copilot features, along with an older GPT-3.5 model, business and application data, Microsoft said.</p><p>The new capabilities - offered through Microsoft&#39;s cloud - are poised to attract business and turn around slowing revenue growth, RBC analyst Rishi Jaluria said.</p><p>The Copilot will &#34;drive more usage of Microsoft Office and increase the separation versus competitors,&#34; Jaluria said.</p><h3>TAKING NOTES FOR YOU</h3><p>One of the company&#39;s biggest updates on Thursday was in Excel.</p><p>Microsoft said AI can open up the computational wizardry of its spreadsheet software, long the domain of trained analysts, to any person able to describe a calculation they would like in plain text.</p><p>Similar to live notes that Google showed reporters this week, Microsoft said its Copilot can summarize virtual meetings as they happen in its Teams collaboration software.</p><p>In an interview, Jon Friedman, a corporate vice president at Microsoft, demonstrated this capability. The Copilot generated bullet points summarizing questions that Reuters asked, including whether Microsoft can roll out the technology profitably.</p><p>Large language models require lots of computing power and costs to run.</p><p>Friedman said Microsoft will make the deployment work economically.</p><p>The Copilot summarized his answer thus, during the interview: &#34;Microsoft is working on lowering the cost and increasing the speed and fidelity of the models, but did not disclose the pricing or tiring of the copilot system.&#34; (It meant to say &#34;tiering.&#34;)</p><p>Fine-tuning the technology and ensuring that its answers are factual is why Microsoft is testing Copilot with some customers before a wider rollout, Friedman said. An &#34;amazing thing about large language models is they&#39;re very confident, and they get things wrong,&#34; Friedman added.</p><p>Friedman pointed to Microsoft&#39;s business chat experience as the biggest development on Thursday because it can handle tasks across applications. For instance, a user can ask, &#34;Tell my team how we updated the product strategy,&#34; and the AI will take cues from a morning&#39;s worth of emails, meetings and chat threads, Microsoft said.</p><p>Longer-term, Friedman said, the vision is a more personalized AI.</p><p>&#34;We often make people adapt to the machines and systems we have built,&#34; Friedman said. &#34;This is a thing that will start to adapt to you.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320361770","content_text":"(Reuters) - Microsoft Corp  on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival Google  with upgrades to its own widely used office software.The technology company previewed a new AI \"Copilot\" for Microsoft 365, its product suite that includes Word documents, Excel spreadsheets, PowerPoint presentations and Outlook emails. First open to some 20 enterprises for testing, AI will offer a draft in these applications, speeding up content creation and freeing up workers' time, Microsoft said.The Redmond, Washington-based company, outpacing peers through investments in ChatGPT's creator OpenAI, also showcased a new \"business chat\" experience that can pull data and perform tasks across applications on a user's written command.\"We believe this next generation of AI will unlock a new wave of productivity growth,\" Satya Nadella, Microsoft's chief executive, said in an online presentation.Microsoft's share price rose about 4% on the news.This week's drumbeat of developments including new funding for AI startup Adept reflects how companies large and small are locked in a fierce competition to deploy software that could reshape how people work.At the center are Microsoft and Google-owner Alphabet Inc, which on Tuesday touted AI features for Gmail and a \"magic wand\" to draft prose in its own word processor. The capabilities that Microsoft and Google showcased are similar.The frenzy to invest in and build new products began with last year's launch of ChatGPT, the chatbot sensation that showed the public the potential of so-called large language models.Such technology learns from past data how to create content anew. It has evolved rapidly. Just this week, OpenAI began the release of a more-powerful version known as GPT-4. This partly underpins Microsoft's Copilot features, along with an older GPT-3.5 model, business and application data, Microsoft said.The new capabilities - offered through Microsoft's cloud - are poised to attract business and turn around slowing revenue growth, RBC analyst Rishi Jaluria said.The Copilot will \"drive more usage of Microsoft Office and increase the separation versus competitors,\" Jaluria said.TAKING NOTES FOR YOUOne of the company's biggest updates on Thursday was in Excel.Microsoft said AI can open up the computational wizardry of its spreadsheet software, long the domain of trained analysts, to any person able to describe a calculation they would like in plain text.Similar to live notes that Google showed reporters this week, Microsoft said its Copilot can summarize virtual meetings as they happen in its Teams collaboration software.In an interview, Jon Friedman, a corporate vice president at Microsoft, demonstrated this capability. The Copilot generated bullet points summarizing questions that Reuters asked, including whether Microsoft can roll out the technology profitably.Large language models require lots of computing power and costs to run.Friedman said Microsoft will make the deployment work economically.The Copilot summarized his answer thus, during the interview: \"Microsoft is working on lowering the cost and increasing the speed and fidelity of the models, but did not disclose the pricing or tiring of the copilot system.\" (It meant to say \"tiering.\")Fine-tuning the technology and ensuring that its answers are factual is why Microsoft is testing Copilot with some customers before a wider rollout, Friedman said. An \"amazing thing about large language models is they're very confident, and they get things wrong,\" Friedman added.Friedman pointed to Microsoft's business chat experience as the biggest development on Thursday because it can handle tasks across applications. For instance, a user can ask, \"Tell my team how we updated the product strategy,\" and the AI will take cues from a morning's worth of emails, meetings and chat threads, Microsoft said.Longer-term, Friedman said, the vision is a more personalized AI.\"We often make people adapt to the machines and systems we have built,\" Friedman said. \"This is a thing that will start to adapt to you.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968806504,"gmtCreate":1669168637708,"gmtModify":1676538161574,"author":{"id":"3584319636150796","authorId":"3584319636150796","name":"limth2722","avatar":"https://static.tigerbbs.com/d59782d16bb856967c9eb5d244d1de91","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584319636150796","idStr":"3584319636150796"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/S68.SI\">$SINGAPORE EXCHANGE LIMITED(S68.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$SINGAPORE EXCHANGE LIMITED(S68.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968806504","isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}