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01-16

$Apple(AAPL)$ think this is the max

2023-02-22

$Tencent Holding Ltd.(TCEHY)$ Time to buy?

2023-01-06

$CrowdStrike Holdings, Inc.(CRWD)$ Apparently this is recommended by some investors. Any thoughts?

2022-12-09

Will it be the same today?

US STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise

2022-11-21

Worth to look at

Teladoc: Never Seen Anything Like It

2022-10-19

What's the latest news

United Airlines Shares Jumped 7.3% as Q3 Earnings and Revenue Top Estimates

2022-10-17

Should follow Buffett?

Why Occidental Petroleum Could Be Warren Buffett's Next Apple

2022-10-06

$KEPPEL DC REIT(AJBU.SI)$ This vs Digital Core. Which do you prefer?

2022-09-29

$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$Short term but long term bullish

2022-09-25

May sell off BABA

Better Buy: Alibaba Vs. Amazon

2022-09-25

May sell of my Alibaba holdings..

Better Buy: Alibaba Vs. Amazon

2022-09-23

A bit of gray area here on what they are doing

Coinbase Tested Group to Speculate on Crypto

2022-09-23

$Berkshire Hathaway(BRK.B)$been eyeing to buy this stock

2022-09-22

Not sure why... I thought we already expected the Fed to raise rates.. So why such reaction?

The Federal Reserve Delivers A Massive Shock To The Stock Market

2022-09-21

$MICRO-MECHANICS (HOLDINGS) LTD(5DD.SI)$is this a good stock in terms of growth?

2022-09-19

I think the hike and future hikes are expected. We just have to deal and cope with it.

Another Fed Rate Hike Is Coming: 3 Bank Stocks That Will Benefit From Rising Interest Rates

2022-09-16

Buy now AND wait

Should You Buy Stocks Now Or Wait? Here’s Warren Buffett’s Advice

2022-09-16

Was never a fan of BNPL

Sorry, the original content has been removed

2022-09-12

Time to sell some Nio

EV Stocks Took off in Morning Trading with Nio Jumping over 8%

2022-09-12

I think Tiktok would still be king for the foreseeable future.

Instagram Stumbles in Push to Mimic TikTok, Internal Documents Show

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ &nbsp;</a>think this is the max","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ &nbsp;</a>think this is the max","text":"$Apple(AAPL)$ think this is the 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buy?&nbsp;","text":"$Tencent Holding Ltd.(TCEHY)$ Time to buy?","images":[{"img":"https://community-static.tradeup.com/news/51cb9b5b3f794a3982f47438cee5cb07","width":"1212","height":"2290"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957132927","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9959219591,"gmtCreate":1672994362013,"gmtModify":1676538767378,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$ </a>&nbsp;Apparently &nbsp;this is recommended by some investors. Any thoughts?&nbsp;","listText":"<a href=\"https://ttm.financial/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$ </a>&nbsp;Apparently &nbsp;this is recommended by some investors. Any thoughts?&nbsp;","text":"$CrowdStrike Holdings, Inc.(CRWD)$ Apparently this is recommended by some investors. Any thoughts?","images":[{"img":"https://community-static.tradeup.com/news/47e2d70c0ac3010a05db9f88e6943a3a","width":"1212","height":"2290"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959219591","isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9920479169,"gmtCreate":1670545011251,"gmtModify":1676538389300,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Will it be the same today?&nbsp;","listText":"Will it be the same today?&nbsp;","text":"Will it be the same today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920479169","repostId":"2290422271","repostType":4,"repost":{"id":"2290422271","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":1670536748,"share":"https://ttm.financial/m/news/2290422271?lang=&edition=fundamental","pubTime":"2022-12-09 05:59","market":"us","language":"en","title":"US STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2290422271","media":"Reuters","summary":"(Reuters) - The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investor","content":"<html><head></head><body><p>(Reuters) - The S&amp;P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.</p><p>Wall Street&#39;s main indexes had come under pressure in recent days, with the S&amp;P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.</p><p>Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday&#39;s advance on the tech-heavy index.</p><p>Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.</p><p>The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.</p><p>Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.</p><p>Such behavior means Friday&#39;s producer price index and the University of Michigan&#39;s consumer sentiment survey will likely dictate whether Wall Street can build on Thursday&#39;s rally.</p><p>&#34;The market has to adjust to the fact that we&#39;re moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that&#39;s what we&#39;re grappling with right now,&#34; said Wiley Angell, chief market strategist at Ziegler Capital Management.</p><p>The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&amp;P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.</p><p>Nine of the 11 major S&amp;P 500 sectors rose, led by a 1.6% gain in technology stocks.</p><p>Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.</p><p>Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant&#39;s $69 billion bid to buy Activision Blizzard Inc. The &#34;Call of Duty&#34; games maker closed 1.5% lower.</p><p>The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.</p><p>Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.</p><p>The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.</p><p>Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.</p><p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-09 05:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The S&amp;P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.</p><p>Wall Street&#39;s main indexes had come under pressure in recent days, with the S&amp;P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.</p><p>Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday&#39;s advance on the tech-heavy index.</p><p>Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.</p><p>The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.</p><p>Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.</p><p>Such behavior means Friday&#39;s producer price index and the University of Michigan&#39;s consumer sentiment survey will likely dictate whether Wall Street can build on Thursday&#39;s rally.</p><p>&#34;The market has to adjust to the fact that we&#39;re moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that&#39;s what we&#39;re grappling with right now,&#34; said Wiley Angell, chief market strategist at Ziegler Capital Management.</p><p>The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&amp;P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.</p><p>Nine of the 11 major S&amp;P 500 sectors rose, led by a 1.6% gain in technology stocks.</p><p>Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.</p><p>Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant&#39;s $69 billion bid to buy Activision Blizzard Inc. The &#34;Call of Duty&#34; games maker closed 1.5% lower.</p><p>The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.</p><p>Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.</p><p>The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.</p><p>Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.</p><p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290422271","content_text":"(Reuters) - The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.Wall Street's main indexes had come under pressure in recent days, with the S&P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday's advance on the tech-heavy index.Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.Such behavior means Friday's producer price index and the University of Michigan's consumer sentiment survey will likely dictate whether Wall Street can build on Thursday's rally.\"The market has to adjust to the fact that we're moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that's what we're grappling with right now,\" said Wiley Angell, chief market strategist at Ziegler Capital Management.The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.Nine of the 11 major S&P 500 sectors rose, led by a 1.6% gain in technology stocks.Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant's $69 billion bid to buy Activision Blizzard Inc. The \"Call of Duty\" games maker closed 1.5% lower.The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.The S&P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961477699,"gmtCreate":1669040450411,"gmtModify":1676538143140,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Worth to look at","listText":"Worth to look at","text":"Worth to look at","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961477699","repostId":"1120711481","repostType":4,"repost":{"id":"1120711481","pubTimestamp":1669037375,"share":"https://ttm.financial/m/news/1120711481?lang=&edition=fundamental","pubTime":"2022-11-21 21:29","market":"us","language":"en","title":"Teladoc: Never Seen Anything Like It","url":"https://stock-news.laohu8.com/highlight/detail?id=1120711481","media":"Seeking Alpha","summary":"SummaryTDOC stock had been crushed.Q3 results stunned to the upside.Competition is brewing.After bei","content":"<html><head></head><body><h2>Summary</h2><ul><li>TDOC stock had been crushed.</li><li>Q3 results stunned to the upside.</li><li>Competition is brewing.</li><li>After being hit this hard, we are looking for continued revenue growth and work to improve EBITDA.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4122a7a139fedb12515b00888f9c2613\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Kiwis/iStock via Getty Images</span></p><p>Teladoc (NYSE:TDOC) stock has been absolutely crushed for about a year straight. The pain has been real. While markets are trying to find their bottom, we think after all of the downgrades, the miscues from management, the general train wreckthat has been innovation stocks, and the malaise of the markets as the Fed is combating high inflation, TDOC stock appears to have put in a near-term bottom. There has been a bit of a sentiment shift in recent weeks. We have never seen anything like this collapse, and so there is potential for some gains here on a sentiment reversal in the near- and medium-term. We took a contrarian view against the panic and fear crowd and did some buying in September and that paid off, but we think the stock is setting up for another trade. We could be in store for a large move higher if the market cooperates. Here is how we think new money can consider playing it.</p><h2>The play</h2><p>Target entry 1: $28.50-$29.00 (40% of position)</p><p>Target entry 2: $26.00-$26.25 (60% of position)</p><p>Stop loss: $23</p><p>Target exit: $33-$35</p><p>We like selling $30 puts 2-3 months out is a valid options entry strategy here.</p><p>Recent performance suggests bottom, for now</p><p>Make no mistake this is still speculative, but we see the stock bottoming here. It is true - the rapid growth has stalled. The landscape is challenging, and competitors are emerging always. Still, there is a strong foundation even if there is ongoing uncertainty in the macroeconomic backdrop. All of these high revenue growth, little to no earnings type companies saw their stocks get crushed. But sentiment appears to have shifted here after Teladoc recently reported a quarter that really impressed the Street. While we believe telemedicine is here to stay, the Street had left this stock for dead. But the company really delivered an impressive set of results and it has us bullish.</p><p>In the actual results, the company beat consensus estimates on both the top and bottom lines. The company is still showing growth, but the rapid growth has slowed. Revenue beat by $2.4 million. That is not terrible in the grand scheme of things, but was not all that strong either but was still nice to see. On the earnings front, the company really surprised, losing $0.45 per share, which was $0.12 better than expected.</p><p>While revenues grew, the rate of growth has continued to slow. That is a problem. Revenue increased just 17% to $611.4 million, from $521.7 million a year ago.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcd04298d55deea7c1f131cbede86f4\" tg-width=\"640\" tg-height=\"536\" width=\"100%\" height=\"auto\"/><span>TDOC Q3 Slides</span></p><p>This is definitely nice growth in terms of the actual numbers. But folks, we do have to say there is justification to SOME of the major repricing of the stock lower in the last few months because 17% growth is absolutely nowhere near where it was in the past. Most of this growth came from access fee revenue growing 20% to $540.1 million and visit fee revenue growth of just 5% to $65.6 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aca5428c24be4af4642476f1273175fe\" tg-width=\"640\" tg-height=\"272\" width=\"100%\" height=\"auto\"/><span>TDOC Q3 Slides</span></p><p>So this is positive and the two combined drove the modest revenue growth. Again, yes, it is nowhere near where it used to be. But friends, we are traders. It matters not where the company was, or where the stock was (down about 90% for those keeping score). What matters is where the stock is going and we think that it will move with the market of course, but shares are seeing a sentiment shift to a more positive outlook and we think this trade will play out nicely.</p><p>That all said, one of the biggest issues the Street had with the stock was that the company was continuing to see weakening EBITDA. But here in Q3, the company really surprised. Now look, it did fall 24% from last year but losses were expected. Adjusted EBITDA was $51.2 million. Despite it being down (expected) it came in at the highest end of the range management was anticipating.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc9173761d1eae9cbc8b255f4aecf286\" tg-width=\"640\" tg-height=\"571\" width=\"100%\" height=\"auto\"/><span>TDOC Q3 Slides</span></p><p>This comes as a result of some strong work to reduce expenditures and preserve margins. Gross margin was a strong 68.3% compared to 67.1% for margins a year ago. Adjusted gross margin was 69.6%, rising 230 basis points compared to 67.6% last year. This is a very strong result.</p><p>All of this combines with a growing membership, as well as increased revenues per member.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8de49e5e3f04dd8b09d8d4b518d6536\" tg-width=\"640\" tg-height=\"285\" width=\"100%\" height=\"auto\"/><span>TDOC Q3 Slides</span></p><h2>Guidance looking better and that shifted sentiment</h2><p>Look, several times this year there has been revised guidance from management and that really left investors with doubts about how the company was being run. But the guidance update after Q3 was solid. We like the outlook for Q4.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf2d6dcf49a1c29fc823a7e06bdd08c1\" tg-width=\"640\" tg-height=\"309\" width=\"100%\" height=\"auto\"/><span>TDOC Q3 Slides</span></p><p>We have to tell you that the Q4 outlook suggests year-over-year improvement is back in the cards. Management expected revenue to range between $625 and $640 million compared to the consensus expectation of $636 million. Decent overall. Net loss could be even with a year ago or down up to 46% per share as there was a wide net cast for EPS. But we were really bullish on EBITDA as it is likely to grow 31%-45% from last year. That is a key result.</p><h2>Sentiment improving</h2><p>Look this stock had been liquidated the last year and a half. Down some 90%. That is craziness. Clearly a lot of bad news is priced in here. Revenue growth is stalling, but growing still. We cannot look at the performance like we did when shares were over $200. Or even $100. Or even $50. This is a stock in the high $20s with no earnings but an improving path. Average revenue per U.S. paid member increased to $2.61 in the quarter, and continues to rise along with member count. The company is starting to get serious about expenditures too. The company is expecting total visits in 2022 to be between 18.4 million and 18.6 million visits, while focusing its spending on reaching more of the total addressable market is growing as well. Finally, it appears that EBITDA margins will increase as we move into 2023. While a ton of negativity is indeed priced in, competition is a major risk</p><h2>Risk</h2><p>The major concern is that telemedicine is not something that other companies cannot replicate. There are other players out there. This leads to concern over the company having any kind of moat. There are many private competitors pursuing customer acquisition strategies to establish market share. There are continuing to see some of the competitive dynamics in the chronic care space. We also just learned that Amazon (AMZN) will have its own digital clinic. With a huge brand like Amazon in the mix as it is now entering the consumer telemedicine business, Teladoc is facing real pressure. Amazon Clinic will provide care for more than 20 common ailments. By operating in the same space, it just takes a piece of market share away from Teladoc.</p><p>There also continues to be dilution and costs associated with stock-based compensation. This seems to be a common problem for many of these high revenue growth tech companies to keep talent. But keep an eye on it because it can lead to wider EPS losses.</p><h2>Final thoughts</h2><p>The company and the stock were left for dead. But the quarter was strong and the outlook was positive, all things considered. There is risk here as there is little to no moat, and competition is strong. We like that EBITDA is looking set to expand, and revenue growth persists, albeit at a slower pace than in the past. But 90% later, this is a whole different stock now. We think you can trade this for a bounce.</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>Teladoc: Never Seen Anything Like It</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\">\nTeladoc: Never Seen Anything Like It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-21 21:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559460-teladoc-never-seen-anything-like-it><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTDOC stock had been crushed.Q3 results stunned to the upside.Competition is brewing.After being hit this hard, we are looking for continued revenue growth and work to improve EBITDA.Kiwis/...</p>\n\n<a href=\"https://seekingalpha.com/article/4559460-teladoc-never-seen-anything-like-it\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TDOC":"Teladoc Health Inc."},"source_url":"https://seekingalpha.com/article/4559460-teladoc-never-seen-anything-like-it","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120711481","content_text":"SummaryTDOC stock had been crushed.Q3 results stunned to the upside.Competition is brewing.After being hit this hard, we are looking for continued revenue growth and work to improve EBITDA.Kiwis/iStock via Getty ImagesTeladoc (NYSE:TDOC) stock has been absolutely crushed for about a year straight. The pain has been real. While markets are trying to find their bottom, we think after all of the downgrades, the miscues from management, the general train wreckthat has been innovation stocks, and the malaise of the markets as the Fed is combating high inflation, TDOC stock appears to have put in a near-term bottom. There has been a bit of a sentiment shift in recent weeks. We have never seen anything like this collapse, and so there is potential for some gains here on a sentiment reversal in the near- and medium-term. We took a contrarian view against the panic and fear crowd and did some buying in September and that paid off, but we think the stock is setting up for another trade. We could be in store for a large move higher if the market cooperates. Here is how we think new money can consider playing it.The playTarget entry 1: $28.50-$29.00 (40% of position)Target entry 2: $26.00-$26.25 (60% of position)Stop loss: $23Target exit: $33-$35We like selling $30 puts 2-3 months out is a valid options entry strategy here.Recent performance suggests bottom, for nowMake no mistake this is still speculative, but we see the stock bottoming here. It is true - the rapid growth has stalled. The landscape is challenging, and competitors are emerging always. Still, there is a strong foundation even if there is ongoing uncertainty in the macroeconomic backdrop. All of these high revenue growth, little to no earnings type companies saw their stocks get crushed. But sentiment appears to have shifted here after Teladoc recently reported a quarter that really impressed the Street. While we believe telemedicine is here to stay, the Street had left this stock for dead. But the company really delivered an impressive set of results and it has us bullish.In the actual results, the company beat consensus estimates on both the top and bottom lines. The company is still showing growth, but the rapid growth has slowed. Revenue beat by $2.4 million. That is not terrible in the grand scheme of things, but was not all that strong either but was still nice to see. On the earnings front, the company really surprised, losing $0.45 per share, which was $0.12 better than expected.While revenues grew, the rate of growth has continued to slow. That is a problem. Revenue increased just 17% to $611.4 million, from $521.7 million a year ago.TDOC Q3 SlidesThis is definitely nice growth in terms of the actual numbers. But folks, we do have to say there is justification to SOME of the major repricing of the stock lower in the last few months because 17% growth is absolutely nowhere near where it was in the past. Most of this growth came from access fee revenue growing 20% to $540.1 million and visit fee revenue growth of just 5% to $65.6 million.TDOC Q3 SlidesSo this is positive and the two combined drove the modest revenue growth. Again, yes, it is nowhere near where it used to be. But friends, we are traders. It matters not where the company was, or where the stock was (down about 90% for those keeping score). What matters is where the stock is going and we think that it will move with the market of course, but shares are seeing a sentiment shift to a more positive outlook and we think this trade will play out nicely.That all said, one of the biggest issues the Street had with the stock was that the company was continuing to see weakening EBITDA. But here in Q3, the company really surprised. Now look, it did fall 24% from last year but losses were expected. Adjusted EBITDA was $51.2 million. Despite it being down (expected) it came in at the highest end of the range management was anticipating.TDOC Q3 SlidesThis comes as a result of some strong work to reduce expenditures and preserve margins. Gross margin was a strong 68.3% compared to 67.1% for margins a year ago. Adjusted gross margin was 69.6%, rising 230 basis points compared to 67.6% last year. This is a very strong result.All of this combines with a growing membership, as well as increased revenues per member.TDOC Q3 SlidesGuidance looking better and that shifted sentimentLook, several times this year there has been revised guidance from management and that really left investors with doubts about how the company was being run. But the guidance update after Q3 was solid. We like the outlook for Q4.TDOC Q3 SlidesWe have to tell you that the Q4 outlook suggests year-over-year improvement is back in the cards. Management expected revenue to range between $625 and $640 million compared to the consensus expectation of $636 million. Decent overall. Net loss could be even with a year ago or down up to 46% per share as there was a wide net cast for EPS. But we were really bullish on EBITDA as it is likely to grow 31%-45% from last year. That is a key result.Sentiment improvingLook this stock had been liquidated the last year and a half. Down some 90%. That is craziness. Clearly a lot of bad news is priced in here. Revenue growth is stalling, but growing still. We cannot look at the performance like we did when shares were over $200. Or even $100. Or even $50. This is a stock in the high $20s with no earnings but an improving path. Average revenue per U.S. paid member increased to $2.61 in the quarter, and continues to rise along with member count. The company is starting to get serious about expenditures too. The company is expecting total visits in 2022 to be between 18.4 million and 18.6 million visits, while focusing its spending on reaching more of the total addressable market is growing as well. Finally, it appears that EBITDA margins will increase as we move into 2023. While a ton of negativity is indeed priced in, competition is a major riskRiskThe major concern is that telemedicine is not something that other companies cannot replicate. There are other players out there. This leads to concern over the company having any kind of moat. There are many private competitors pursuing customer acquisition strategies to establish market share. There are continuing to see some of the competitive dynamics in the chronic care space. We also just learned that Amazon (AMZN) will have its own digital clinic. With a huge brand like Amazon in the mix as it is now entering the consumer telemedicine business, Teladoc is facing real pressure. Amazon Clinic will provide care for more than 20 common ailments. By operating in the same space, it just takes a piece of market share away from Teladoc.There also continues to be dilution and costs associated with stock-based compensation. This seems to be a common problem for many of these high revenue growth tech companies to keep talent. But keep an eye on it because it can lead to wider EPS losses.Final thoughtsThe company and the stock were left for dead. But the quarter was strong and the outlook was positive, all things considered. There is risk here as there is little to no moat, and competition is strong. We like that EBITDA is looking set to expand, and revenue growth persists, albeit at a slower pace than in the past. But 90% later, this is a whole different stock now. We think you can trade this for a bounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983175668,"gmtCreate":1666193938954,"gmtModify":1676537720955,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"What's the latest news","listText":"What's the latest news","text":"What's the latest news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983175668","repostId":"1128294562","repostType":4,"repost":{"id":"1128294562","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":1666187176,"share":"https://ttm.financial/m/news/1128294562?lang=&edition=fundamental","pubTime":"2022-10-19 21:46","market":"us","language":"en","title":"United Airlines Shares Jumped 7.3% as Q3 Earnings and Revenue Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1128294562","media":"Tiger Newspress","summary":"United Airlines shares jumped 7.3% as Q3 earnings and revenue top estimates.","content":"<html><head></head><body><p>United Airlines shares jumped 7.3% as Q3 earnings and revenue top estimates.<img src=\"https://static.tigerbbs.com/948b170e39738af506692f6b58caebe4\" tg-width=\"815\" tg-height=\"836\" 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>United Airlines Shares Jumped 7.3% as Q3 Earnings and Revenue Top Estimates</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\">\nUnited Airlines Shares Jumped 7.3% as Q3 Earnings and Revenue Top Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-10-19 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>United Airlines shares jumped 7.3% as Q3 earnings and revenue top estimates.<img src=\"https://static.tigerbbs.com/948b170e39738af506692f6b58caebe4\" tg-width=\"815\" tg-height=\"836\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAL":"联合大陆航空"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128294562","content_text":"United Airlines shares jumped 7.3% as Q3 earnings and revenue top estimates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989660348,"gmtCreate":1665991144085,"gmtModify":1676537688667,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Should follow Buffett?","listText":"Should follow Buffett?","text":"Should follow Buffett?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9989660348","repostId":"2275162921","repostType":4,"repost":{"id":"2275162921","pubTimestamp":1665989517,"share":"https://ttm.financial/m/news/2275162921?lang=&edition=fundamental","pubTime":"2022-10-17 14:51","market":"us","language":"en","title":"Why Occidental Petroleum Could Be Warren Buffett's Next Apple","url":"https://stock-news.laohu8.com/highlight/detail?id=2275162921","media":"Motley Fool","summary":"The last time Buffett bought stock from Carl Icahn, it worked out awfully well.","content":"<html><head></head><body><p>At 92 and 86 years of age, respectively, Warren Buffett and Carl Icahn are two of the greatest living investors  -- and both are still at it!</p><p>In fact, these two seniors have been quite active this year, especially around oil giant <b>Occidental Petroleum</b> (OXY). After Russia&#39;s invasion of Ukraine, Icahn sold his stake in the company, which he had held since 2019. On the flip side, Warren Buffett has been buying Occidental shares hand over fist throughout the year, scooping up over 20% of the American oil driller.</p><p>So which famous investor is right? Well, Buffett buying from Icahn has actually happened once before, with a small company you may have heard of called <b>Apple</b> (AAPL -3.22%).</p><p>Judging from that experience, Buffett could do very, very well with Occidental.</p><h2>Apple&#39;s buyback is a result of Icahn activism</h2><p>Carl Icahn is what is known as an activist investor. Activists buy shares in a company that is valued cheaply, due to something the investor perceives as a mistake or flaw. An activist usually purchases a meaningful position, then privately and publicly advocates for changes to unlock value.</p><p>Icahn took his first position in Apple in late 2013, when Apple was trading rather cheaply and had a ton of cash on its balance sheet. In January 2014, Icahn wrote a letter to the board and met with CEO Tim Cook, advocating that Apple begin returning that cash to shareholders in the form of share repurchases.</p><p>Buying back stock at a low valuation can add a lot of value to shareholders, but Apple had hoarded cash even as its iPhone sales grew massively in the early 2010s. That caution stemmed from Apple&#39;s more tumultuous past, when it nearly went bankrupt in the late 1990s.</p><p>Apple had already begun paying a small dividend, but did eventually implement a large buyback, as Icahn requested, in 2014 and 2015. In 2015, Apple also had a particularly good sales year, a result of its high growth in China. That year also included the introduction of the Apple Watch.</p><p>Yet after a boom in 2015, 2016 saw a slowdown, with the volatile China market giving back some its big 2015 gains. Icahn dumped his Apple stake, saying he was &#34;worried about China.&#34; But he had already made a $2 billion profit on a $3.2 billion investment.</p><h2>Buffett swoops in</h2><p>Of course, that very downturn was when Warren Buffett began buying Apple for <b>Berkshire Hathaway</b>&#39;s (BRK.A -0.59%) (BRK.B -1.13%) portfolio. As Buffett watchers know by now, Buffett made even bigger gains than Icahn. Over the five years though 2021, Buffett&#39;s investment in Apple went up more than fivefold, and became Buffett&#39;s greatest investment in terms of overall dollar returns.</p><p>Buffett likely identified Apple not only as a cheap stock amid the pessimism of 2016, but also as a powerful brand with huge customer loyalty. With the smartphone becoming such an important part of people&#39;s lives, it was also becoming &#34;expensive real estate.&#34; At that time, Apple was also extending its brand to services, charging fees to third-party apps for access to that real estate.</p><p>Buffett probably liked the recurring nature of Apple&#39;s service and app store fees that it could extract from both iPhone owners and businesses looking to gain access to those masses of affluent consumers.</p><p>When you combine that with Apple&#39;s newfound improved capital allocation to shareholders, the investment seems like a no-brainer in retrospect.</p><p>So while Icahn saw a good but flawed business he could improve and then exit for a quick profit, Buffett likely saw a now-flawlessly run business (after Icahn&#39;s fixes) that he could own for the long haul.</p><h2>Is the same thing happening with Occidental?</h2><p>Turning to Occidental, Icahn bought shares in the company after its expensive $38 billion acquisition of Anadarko Petroleum back in May 2019. Shares plunged, as investors believed Occidental paid too much in a bidding war.</p><p>Icahn bought shares, accused management of making a terrible acquisition, and advocated firing CEO Vicki Hollub while demanding seats on the board of directors. When oil prices plunged in March of 2020 as COVID-19 spread, Icahn increased his stake and therefore his heft in the company.</p><p>Eventually, Icahn struck a deal, allowing him to put two of his deputies and another hand-picked executive on the board, while also bringing in former CEO Stephen Chazen to become executive chairman. The new board also formed a committee that would oversee any acquisitions, putting a check on Gollub&#39;s power, while also exploring a sale of the company to another oil major.</p><p>Eventually, the oil market recovered strongly from the pandemic downturn, as demand normalized after a year of big industry supply cuts. When Russia invaded Ukraine, oil spiked, as did Occidental&#39;s stock, and Icahn exited the investment with a handsome $1 billion in profits, along with another $500 million gain in Occidental warrants.</p><h2>Once again, Buffett thinks longer term</h2><p>While Buffett hasn&#39;t spoken much publicly this year on his Occidental buys, he likely has a bullish view of the oil market for the long term, while also appreciating Occidental specifically. Berkshire had already invested in Occidental in 2019 in the form of preferred stock to finance the Anadarko deal, but that was a safer fixed-income investment, albeit with warrants. So Buffett likely got to know management well during that time.</p><p>Yet no oil company can do really well without the price of oil and natural gas cooperating, and Buffett probably sees higher prices for longer in the oil market. That&#39;s likely for a number of reasons, including years of underinvestment in oil and gas exploration, U.S. shale companies consolidating and controlling their supply growth, and Russia&#39;s weaponizing of global energy markets.</p><p>In other words, Buffett is betting on a change from low to high oil prices, not dissimilar to the smartphone transitioning from mere gadget to an indispensable part of our daily lives.</p><h2>Both approaches can win, but nonprofessionals can only play one</h2><p>As you can see, both investors have different approaches. Icahn identifies cheap companies, then uses his financial heft and reputation to advocate for changes. After such changes are made and the investment improves, he usually exits, using the relatively quick profits to go on to the next special situation.</p><p>In contrast, Buffett tries to find quality stocks trading at cheap prices that he can hold for the long term, allowing the miracle of compounding to do its work.</p><p>While only institutional investors or incredibly wealthy individuals like Icahn can buy enough stock in a company to be an activist, any investor can attempt Buffett&#39;s more Foolish approach of long-term investing in excellent companies. Fortunately for us, that approach also tends to yield even more long-term profits, if done correctly.</p><p>But excellent companies don&#39;t often go on sale. It&#39;s interesting that in the situations of both Apple and Occidental, Icahn was able to improve capital allocation at an otherwise well-run business. Icahn even praised Occidental&#39;s land inventory and management&#39;s operational capabilities, even while advocating for changes.</p><p>Those changes likely made Buffett more comfortable in the compounding ability of each stock, and he probably identified these improvements as more permanent before the market did.</p><p>So why doesn&#39;t Icahn hold on to his &#34;fixed companies&#34; for the long term, as Buffett does? Icahn appears to idealize the strategy of activism and improving companies, almost irrespective of profit. In order to continue launching new campaigns, Icahn needs to continue recycling his older bets in order to bid for new targets. So Icahn exiting a stock might not mean he feels the stock is now a bad investment, it&#39;s just that his work is now done.</p><p>We&#39;ll see how Occidental fares in the future, but since buying a &#34;fixed up&#34; Apple worked out so well for Buffett last time, you have to like his odds with Occidental -- as long as the thesis of higher oil prices for a longer time proves true.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Occidental Petroleum Could Be Warren Buffett's Next Apple</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Occidental Petroleum Could Be Warren Buffett's Next Apple\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-17 14:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/16/occidental-petroleum-warren-buffetts-next-apple/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At 92 and 86 years of age, respectively, Warren Buffett and Carl Icahn are two of the greatest living investors  -- and both are still at it!In fact, these two seniors have been quite active this year...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/16/occidental-petroleum-warren-buffetts-next-apple/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","LU0444971666.USD":"天利全球科技基金","BK4581":"高盛持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0238689110.USD":"贝莱德环球动力股票基金","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4553":"喜马拉雅资本持仓","BK4571":"数字音乐概念","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4576":"AR","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4575":"芯片概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4566":"资本集团","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4527":"明星科技股","OXY":"西方石油","BK4579":"人工智能","BK4550":"红杉资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4573":"虚拟现实","BK4505":"高瓴资本持仓"},"source_url":"https://www.fool.com/investing/2022/10/16/occidental-petroleum-warren-buffetts-next-apple/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275162921","content_text":"At 92 and 86 years of age, respectively, Warren Buffett and Carl Icahn are two of the greatest living investors  -- and both are still at it!In fact, these two seniors have been quite active this year, especially around oil giant Occidental Petroleum (OXY). After Russia's invasion of Ukraine, Icahn sold his stake in the company, which he had held since 2019. On the flip side, Warren Buffett has been buying Occidental shares hand over fist throughout the year, scooping up over 20% of the American oil driller.So which famous investor is right? Well, Buffett buying from Icahn has actually happened once before, with a small company you may have heard of called Apple (AAPL -3.22%).Judging from that experience, Buffett could do very, very well with Occidental.Apple's buyback is a result of Icahn activismCarl Icahn is what is known as an activist investor. Activists buy shares in a company that is valued cheaply, due to something the investor perceives as a mistake or flaw. An activist usually purchases a meaningful position, then privately and publicly advocates for changes to unlock value.Icahn took his first position in Apple in late 2013, when Apple was trading rather cheaply and had a ton of cash on its balance sheet. In January 2014, Icahn wrote a letter to the board and met with CEO Tim Cook, advocating that Apple begin returning that cash to shareholders in the form of share repurchases.Buying back stock at a low valuation can add a lot of value to shareholders, but Apple had hoarded cash even as its iPhone sales grew massively in the early 2010s. That caution stemmed from Apple's more tumultuous past, when it nearly went bankrupt in the late 1990s.Apple had already begun paying a small dividend, but did eventually implement a large buyback, as Icahn requested, in 2014 and 2015. In 2015, Apple also had a particularly good sales year, a result of its high growth in China. That year also included the introduction of the Apple Watch.Yet after a boom in 2015, 2016 saw a slowdown, with the volatile China market giving back some its big 2015 gains. Icahn dumped his Apple stake, saying he was \"worried about China.\" But he had already made a $2 billion profit on a $3.2 billion investment.Buffett swoops inOf course, that very downturn was when Warren Buffett began buying Apple for Berkshire Hathaway's (BRK.A -0.59%) (BRK.B -1.13%) portfolio. As Buffett watchers know by now, Buffett made even bigger gains than Icahn. Over the five years though 2021, Buffett's investment in Apple went up more than fivefold, and became Buffett's greatest investment in terms of overall dollar returns.Buffett likely identified Apple not only as a cheap stock amid the pessimism of 2016, but also as a powerful brand with huge customer loyalty. With the smartphone becoming such an important part of people's lives, it was also becoming \"expensive real estate.\" At that time, Apple was also extending its brand to services, charging fees to third-party apps for access to that real estate.Buffett probably liked the recurring nature of Apple's service and app store fees that it could extract from both iPhone owners and businesses looking to gain access to those masses of affluent consumers.When you combine that with Apple's newfound improved capital allocation to shareholders, the investment seems like a no-brainer in retrospect.So while Icahn saw a good but flawed business he could improve and then exit for a quick profit, Buffett likely saw a now-flawlessly run business (after Icahn's fixes) that he could own for the long haul.Is the same thing happening with Occidental?Turning to Occidental, Icahn bought shares in the company after its expensive $38 billion acquisition of Anadarko Petroleum back in May 2019. Shares plunged, as investors believed Occidental paid too much in a bidding war.Icahn bought shares, accused management of making a terrible acquisition, and advocated firing CEO Vicki Hollub while demanding seats on the board of directors. When oil prices plunged in March of 2020 as COVID-19 spread, Icahn increased his stake and therefore his heft in the company.Eventually, Icahn struck a deal, allowing him to put two of his deputies and another hand-picked executive on the board, while also bringing in former CEO Stephen Chazen to become executive chairman. The new board also formed a committee that would oversee any acquisitions, putting a check on Gollub's power, while also exploring a sale of the company to another oil major.Eventually, the oil market recovered strongly from the pandemic downturn, as demand normalized after a year of big industry supply cuts. When Russia invaded Ukraine, oil spiked, as did Occidental's stock, and Icahn exited the investment with a handsome $1 billion in profits, along with another $500 million gain in Occidental warrants.Once again, Buffett thinks longer termWhile Buffett hasn't spoken much publicly this year on his Occidental buys, he likely has a bullish view of the oil market for the long term, while also appreciating Occidental specifically. Berkshire had already invested in Occidental in 2019 in the form of preferred stock to finance the Anadarko deal, but that was a safer fixed-income investment, albeit with warrants. So Buffett likely got to know management well during that time.Yet no oil company can do really well without the price of oil and natural gas cooperating, and Buffett probably sees higher prices for longer in the oil market. That's likely for a number of reasons, including years of underinvestment in oil and gas exploration, U.S. shale companies consolidating and controlling their supply growth, and Russia's weaponizing of global energy markets.In other words, Buffett is betting on a change from low to high oil prices, not dissimilar to the smartphone transitioning from mere gadget to an indispensable part of our daily lives.Both approaches can win, but nonprofessionals can only play oneAs you can see, both investors have different approaches. Icahn identifies cheap companies, then uses his financial heft and reputation to advocate for changes. After such changes are made and the investment improves, he usually exits, using the relatively quick profits to go on to the next special situation.In contrast, Buffett tries to find quality stocks trading at cheap prices that he can hold for the long term, allowing the miracle of compounding to do its work.While only institutional investors or incredibly wealthy individuals like Icahn can buy enough stock in a company to be an activist, any investor can attempt Buffett's more Foolish approach of long-term investing in excellent companies. Fortunately for us, that approach also tends to yield even more long-term profits, if done correctly.But excellent companies don't often go on sale. It's interesting that in the situations of both Apple and Occidental, Icahn was able to improve capital allocation at an otherwise well-run business. Icahn even praised Occidental's land inventory and management's operational capabilities, even while advocating for changes.Those changes likely made Buffett more comfortable in the compounding ability of each stock, and he probably identified these improvements as more permanent before the market did.So why doesn't Icahn hold on to his \"fixed companies\" for the long term, as Buffett does? Icahn appears to idealize the strategy of activism and improving companies, almost irrespective of profit. In order to continue launching new campaigns, Icahn needs to continue recycling his older bets in order to bid for new targets. So Icahn exiting a stock might not mean he feels the stock is now a bad investment, it's just that his work is now done.We'll see how Occidental fares in the future, but since buying a \"fixed up\" Apple worked out so well for Buffett last time, you have to like his odds with Occidental -- as long as the thesis of higher oil prices for a longer time proves true.","news_type":1},"isVote":1,"tweetType":1,"viewCount":929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915599711,"gmtCreate":1665064692833,"gmtModify":1676537551517,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a> This vs Digital Core. Which do you prefer?&nbsp;","listText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a> This vs Digital Core. Which do you prefer?&nbsp;","text":"$KEPPEL DC REIT(AJBU.SI)$ This vs Digital Core. Which do you prefer?","images":[{"img":"https://community-static.tradeup.com/news/902039bae7809d5e667ab3fc40f8c788","width":"1440","height":"2555"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9915599711","isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9918443941,"gmtCreate":1664440383384,"gmtModify":1676537455876,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ME8U.SI\">$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$</a><v-v data-views=\"0\"></v-v>Short term but long term bullish","listText":"<a href=\"https://ttm.financial/S/ME8U.SI\">$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$</a><v-v data-views=\"0\"></v-v>Short term but long term bullish","text":"$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$Short term but long term bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918443941","isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913474260,"gmtCreate":1664066928250,"gmtModify":1676537384564,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"May sell off BABA","listText":"May sell off BABA","text":"May sell off BABA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9913474260","repostId":"1144003725","repostType":4,"repost":{"id":"1144003725","pubTimestamp":1663977692,"share":"https://ttm.financial/m/news/1144003725?lang=&edition=fundamental","pubTime":"2022-09-24 08:01","market":"us","language":"en","title":"Better Buy: Alibaba Vs. Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=1144003725","media":"Seeking Alpha","summary":"SummaryAlibaba and Amazon have both seen a significant slowdown in top line growth post-pandemic.Near-term revenue outlook favors Amazon. Amazon Web Services outperforms Alibaba Cloud.Based off of valuation, however, Alibaba appears to present investors with more upside.In this article, I am going to compare the growth prospects, risks and valuations of the two largest e-Commerce companies on the planet: Alibaba  and Amazon . The shares of both e-Commerce companies have under-performed this year","content":"<html><head></head><body><p>Summary</p><ul><li>Alibaba and Amazon have both seen a significant slowdown in top line growth post-pandemic.</li><li>Near-term revenue outlook favors Amazon. Amazon Web Services outperforms Alibaba Cloud.</li><li>Based off of valuation, however, Alibaba appears to present investors with more upside.</li></ul><p>In this article, I am going to compare the growth prospects, risks and valuations of the two largest e-Commerce companies on the planet: Alibaba (NYSE:BABA) and Amazon (AMZN). The shares of both e-Commerce companies have under-performed this year, in large part because of a post-pandemic slowdown in global economic growth and soaring inflation, which is impacting consumer spending. Both factors have created considerable uncertainty for the e-Commerce sector. With Alibaba&#39;s and Amazon&#39;s shares repricing 31% and 29% lower year to date, both companies have pros and cons. While Amazon has a couple of advantages, I believe Alibaba may be the better deal!</p><h3>Top line growth is slowing</h3><p>Both Alibaba and Amazon have seen a significant slowdown in top line growth in the last quarter as inflation headwinds and weaker economic growth after the pandemic impacted their businesses. Alibaba&#39;s revenue growth slowed to 0% (Alibaba&#39;s China commerce business actually declined 1% in FQ1&#39;23), the worst performance on record for Alibaba, while Amazon&#39;s top line growth slowed to just 7% year over year in Q2&#39;22, reflecting a 20-year low point for Amazon.</p><p><img src=\"https://static.tigerbbs.com/2c8e186dd99f407cefff10a514963209\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"/>The near term outlook for revenue growth is stronger for Amazon than it is for Alibaba right now, largely because Amazon has said in its second-quarter earnings sheet that it sees between $125.0B and $130.0B in net revenues in Q3&#39;22, implying a revenue growth rate of 13-17% year over year. Alibaba has not given a forecast either for the next quarter or the full-year due to uncertainty about e-Commerce sales in a country that is still seeing broad-scale COVID-19 lockdowns.</p><p>Regarding forward annual estimates, Amazon is expected to do better than Alibaba. Consensus forecasts call for Amazon to see revenue growth of 11% this year and 15% next year... while Alibaba is projected to grow its top line at rates of 2% and 13%. Estimates have also dropped more for Alibaba, indicating that the market is a bit more pessimistic about BABA than AMZN...</p><p><img src=\"https://static.tigerbbs.com/cfb699752690bee5d266602e602f54c6\" tg-width=\"635\" tg-height=\"481\" width=\"100%\" height=\"auto\"/>A key component that is driving Amazon&#39;s stronger top line growth is AWS -- Amazon Web Services -- which is ramping up revenue growth rapidly due to strong customer adoption of Cloud solutions. Amazon Web Services generated $19.7B in revenues for the company just in the second-quarter, showing 33% year-over-year growth. The revenue share within Amazon was about 16%, and I see this share growing to more than 20% within the next 2-3 years. The Cloud business is by far Amazon&#39;s highest potential business segment, and it is driving the firm&#39;s entire revenue growth. As opposed to e-Commerce, AWS is also highly profitable, generating $5.7B in operating income (29% margin) while Amazon&#39;s e-Commerce operations in North America and International continued to lose money in Q2&#39;22.</p><p><img src=\"https://static.tigerbbs.com/bf6b9305f4c2e6a34ae177f4fbf2b453\" tg-width=\"997\" tg-height=\"558\" width=\"100%\" height=\"auto\"/>On the other hand, Alibaba&#39;s Cloud business generated $17.7B Chinese Yuan ($2.6B) in revenues in the last quarter, showing a growth rate of 10% year over year. Cloud revenues represented just 9% of Alibaba&#39;s total revenues, while the commerce business (China and International) dominated with a revenue share of 76%.</p><p>So not only is Amazon&#39;s Cloud business responsible for most of Amazon&#39;s top line growth, but AWS is also growing more than three times faster than Alibaba&#39;s Cloud segment. On top of that, Amazon has a significant advantage regarding market share in the Cloud market, with AWS ranking #1 and capturing a third of the global Cloud market. Alibaba was ranked a fairly distant fourth with a market share of 5%.</p><p><img src=\"https://static.tigerbbs.com/a3fc7e061c51a9302b961534712e9ceb\" tg-width=\"1200\" tg-height=\"1200\" width=\"100%\" height=\"auto\"/>Valuation: key differences emerge</p><p>Amazon and Alibaba have both been highly valued during the pandemic because online retailers faced super attractive growth prospects at a time when the physical competition was all but taken out of the game by health authorities. The post-pandemic normalization of e-Commerce growth and the resulting re-rating of Amazon and Alibaba, however, have changed things up a bit.</p><p>Amazon and Alibaba are both profitable and are expected to remain profitable. But a key difference has emerged regarding the firms&#39; valuations. While Amazon is still expensive relative to its earnings potential (52 X P-E ratio), Alibaba is trading at a rock-bottom P-E ratio of 10 X... which represents stronger potential for an upside revaluation.</p><h3><img src=\"https://static.tigerbbs.com/a7ebff75c4be142c889fae2114dedd6f\" tg-width=\"635\" tg-height=\"481\" width=\"100%\" height=\"auto\"/>Risks with Alibaba and Amazon</h3><p>Both companies are facing deteriorating prospects in their core e-Commerce operations due to high inflation, which is impacting consumer spending. Amazon and Alibaba are both highly dependent on consumer spending, and both companies continue to be dominated by their e-Commerce operations (Alibaba&#39;s commerce share is 76% while Amazon&#39;s is 84%).</p><p>Besides top line risks which both companies share, there are other more company-specific risks that matter: Amazon is generating a large number of sales outside the US, meaning the retailer has exposure to the appreciating US Dollar. A strong US Dollar hurts currency conversions, which is a headwind for Amazon.</p><p>For Alibaba, there are regulatory and delisting risks that are affecting the pricing of its shares. I believe that a delisting of Alibaba&#39;s ADR from a US stock exchange is highly unlikely to occur because the firm secured a primary listing status for its shares in Hong Kong, which gives US investors an alternative marketplace to buy shares. Due to the primary listing status, Alibaba&#39;s shares are also available for mainland Chinese investors through the Hong Kong stock connect program.</p><h3>Final thoughts</h3><p>When comparing Alibaba and Amazon, there are many factors that must be considered. Both companies obviously are going through a post-pandemic adjustment period of slowing growth. Both companies are investing in the Cloud market and are facing challenges in their core segments.</p><p>Amazon has a stronger short term revenue outlook than Alibaba as it projects 13-17% revenue growth in the third-quarter, while Alibaba may actually see negative revenue growth in FQ2&#39;23. Estimate trends favor Amazon as well. From a valuation perspective, I believe Alibaba wins the comparison, however, because the Chinese company trades at a fraction of Amazon&#39;s P-E ratio. The risk profile for Alibaba&#39;s shares is therefore much more skewed to the upside than Amazon&#39;s!</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>Better Buy: Alibaba Vs. Amazon</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\">\nBetter Buy: Alibaba Vs. Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-24 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4542648-better-buy-alibaba-vs-amazon><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba and Amazon have both seen a significant slowdown in top line growth post-pandemic.Near-term revenue outlook favors Amazon. Amazon Web Services outperforms Alibaba Cloud.Based off of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4542648-better-buy-alibaba-vs-amazon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4542648-better-buy-alibaba-vs-amazon","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144003725","content_text":"SummaryAlibaba and Amazon have both seen a significant slowdown in top line growth post-pandemic.Near-term revenue outlook favors Amazon. Amazon Web Services outperforms Alibaba Cloud.Based off of valuation, however, Alibaba appears to present investors with more upside.In this article, I am going to compare the growth prospects, risks and valuations of the two largest e-Commerce companies on the planet: Alibaba (NYSE:BABA) and Amazon (AMZN). The shares of both e-Commerce companies have under-performed this year, in large part because of a post-pandemic slowdown in global economic growth and soaring inflation, which is impacting consumer spending. Both factors have created considerable uncertainty for the e-Commerce sector. With Alibaba's and Amazon's shares repricing 31% and 29% lower year to date, both companies have pros and cons. While Amazon has a couple of advantages, I believe Alibaba may be the better deal!Top line growth is slowingBoth Alibaba and Amazon have seen a significant slowdown in top line growth in the last quarter as inflation headwinds and weaker economic growth after the pandemic impacted their businesses. Alibaba's revenue growth slowed to 0% (Alibaba's China commerce business actually declined 1% in FQ1'23), the worst performance on record for Alibaba, while Amazon's top line growth slowed to just 7% year over year in Q2'22, reflecting a 20-year low point for Amazon.The near term outlook for revenue growth is stronger for Amazon than it is for Alibaba right now, largely because Amazon has said in its second-quarter earnings sheet that it sees between $125.0B and $130.0B in net revenues in Q3'22, implying a revenue growth rate of 13-17% year over year. Alibaba has not given a forecast either for the next quarter or the full-year due to uncertainty about e-Commerce sales in a country that is still seeing broad-scale COVID-19 lockdowns.Regarding forward annual estimates, Amazon is expected to do better than Alibaba. Consensus forecasts call for Amazon to see revenue growth of 11% this year and 15% next year... while Alibaba is projected to grow its top line at rates of 2% and 13%. Estimates have also dropped more for Alibaba, indicating that the market is a bit more pessimistic about BABA than AMZN...A key component that is driving Amazon's stronger top line growth is AWS -- Amazon Web Services -- which is ramping up revenue growth rapidly due to strong customer adoption of Cloud solutions. Amazon Web Services generated $19.7B in revenues for the company just in the second-quarter, showing 33% year-over-year growth. The revenue share within Amazon was about 16%, and I see this share growing to more than 20% within the next 2-3 years. The Cloud business is by far Amazon's highest potential business segment, and it is driving the firm's entire revenue growth. As opposed to e-Commerce, AWS is also highly profitable, generating $5.7B in operating income (29% margin) while Amazon's e-Commerce operations in North America and International continued to lose money in Q2'22.On the other hand, Alibaba's Cloud business generated $17.7B Chinese Yuan ($2.6B) in revenues in the last quarter, showing a growth rate of 10% year over year. Cloud revenues represented just 9% of Alibaba's total revenues, while the commerce business (China and International) dominated with a revenue share of 76%.So not only is Amazon's Cloud business responsible for most of Amazon's top line growth, but AWS is also growing more than three times faster than Alibaba's Cloud segment. On top of that, Amazon has a significant advantage regarding market share in the Cloud market, with AWS ranking #1 and capturing a third of the global Cloud market. Alibaba was ranked a fairly distant fourth with a market share of 5%.Valuation: key differences emergeAmazon and Alibaba have both been highly valued during the pandemic because online retailers faced super attractive growth prospects at a time when the physical competition was all but taken out of the game by health authorities. The post-pandemic normalization of e-Commerce growth and the resulting re-rating of Amazon and Alibaba, however, have changed things up a bit.Amazon and Alibaba are both profitable and are expected to remain profitable. But a key difference has emerged regarding the firms' valuations. While Amazon is still expensive relative to its earnings potential (52 X P-E ratio), Alibaba is trading at a rock-bottom P-E ratio of 10 X... which represents stronger potential for an upside revaluation.Risks with Alibaba and AmazonBoth companies are facing deteriorating prospects in their core e-Commerce operations due to high inflation, which is impacting consumer spending. Amazon and Alibaba are both highly dependent on consumer spending, and both companies continue to be dominated by their e-Commerce operations (Alibaba's commerce share is 76% while Amazon's is 84%).Besides top line risks which both companies share, there are other more company-specific risks that matter: Amazon is generating a large number of sales outside the US, meaning the retailer has exposure to the appreciating US Dollar. A strong US Dollar hurts currency conversions, which is a headwind for Amazon.For Alibaba, there are regulatory and delisting risks that are affecting the pricing of its shares. I believe that a delisting of Alibaba's ADR from a US stock exchange is highly unlikely to occur because the firm secured a primary listing status for its shares in Hong Kong, which gives US investors an alternative marketplace to buy shares. Due to the primary listing status, Alibaba's shares are also available for mainland Chinese investors through the Hong Kong stock connect program.Final thoughtsWhen comparing Alibaba and Amazon, there are many factors that must be considered. Both companies obviously are going through a post-pandemic adjustment period of slowing growth. Both companies are investing in the Cloud market and are facing challenges in their core segments.Amazon has a stronger short term revenue outlook than Alibaba as it projects 13-17% revenue growth in the third-quarter, while Alibaba may actually see negative revenue growth in FQ2'23. Estimate trends favor Amazon as well. From a valuation perspective, I believe Alibaba wins the comparison, however, because the Chinese company trades at a fraction of Amazon's P-E ratio. The risk profile for Alibaba's shares is therefore much more skewed to the upside than Amazon's!","news_type":1},"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913474017,"gmtCreate":1664066878739,"gmtModify":1676537384548,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"May sell of my Alibaba holdings..&nbsp;","listText":"May sell of my Alibaba holdings..&nbsp;","text":"May sell of my Alibaba holdings..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9913474017","repostId":"1144003725","repostType":4,"repost":{"id":"1144003725","pubTimestamp":1663977692,"share":"https://ttm.financial/m/news/1144003725?lang=&edition=fundamental","pubTime":"2022-09-24 08:01","market":"us","language":"en","title":"Better Buy: Alibaba Vs. Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=1144003725","media":"Seeking Alpha","summary":"SummaryAlibaba and Amazon have both seen a significant slowdown in top line growth post-pandemic.Near-term revenue outlook favors Amazon. Amazon Web Services outperforms Alibaba Cloud.Based off of valuation, however, Alibaba appears to present investors with more upside.In this article, I am going to compare the growth prospects, risks and valuations of the two largest e-Commerce companies on the planet: Alibaba  and Amazon . The shares of both e-Commerce companies have under-performed this year","content":"<html><head></head><body><p>Summary</p><ul><li>Alibaba and Amazon have both seen a significant slowdown in top line growth post-pandemic.</li><li>Near-term revenue outlook favors Amazon. Amazon Web Services outperforms Alibaba Cloud.</li><li>Based off of valuation, however, Alibaba appears to present investors with more upside.</li></ul><p>In this article, I am going to compare the growth prospects, risks and valuations of the two largest e-Commerce companies on the planet: Alibaba (NYSE:BABA) and Amazon (AMZN). The shares of both e-Commerce companies have under-performed this year, in large part because of a post-pandemic slowdown in global economic growth and soaring inflation, which is impacting consumer spending. Both factors have created considerable uncertainty for the e-Commerce sector. With Alibaba&#39;s and Amazon&#39;s shares repricing 31% and 29% lower year to date, both companies have pros and cons. While Amazon has a couple of advantages, I believe Alibaba may be the better deal!</p><h3>Top line growth is slowing</h3><p>Both Alibaba and Amazon have seen a significant slowdown in top line growth in the last quarter as inflation headwinds and weaker economic growth after the pandemic impacted their businesses. Alibaba&#39;s revenue growth slowed to 0% (Alibaba&#39;s China commerce business actually declined 1% in FQ1&#39;23), the worst performance on record for Alibaba, while Amazon&#39;s top line growth slowed to just 7% year over year in Q2&#39;22, reflecting a 20-year low point for Amazon.</p><p><img src=\"https://static.tigerbbs.com/2c8e186dd99f407cefff10a514963209\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"/>The near term outlook for revenue growth is stronger for Amazon than it is for Alibaba right now, largely because Amazon has said in its second-quarter earnings sheet that it sees between $125.0B and $130.0B in net revenues in Q3&#39;22, implying a revenue growth rate of 13-17% year over year. Alibaba has not given a forecast either for the next quarter or the full-year due to uncertainty about e-Commerce sales in a country that is still seeing broad-scale COVID-19 lockdowns.</p><p>Regarding forward annual estimates, Amazon is expected to do better than Alibaba. Consensus forecasts call for Amazon to see revenue growth of 11% this year and 15% next year... while Alibaba is projected to grow its top line at rates of 2% and 13%. Estimates have also dropped more for Alibaba, indicating that the market is a bit more pessimistic about BABA than AMZN...</p><p><img src=\"https://static.tigerbbs.com/cfb699752690bee5d266602e602f54c6\" tg-width=\"635\" tg-height=\"481\" width=\"100%\" height=\"auto\"/>A key component that is driving Amazon&#39;s stronger top line growth is AWS -- Amazon Web Services -- which is ramping up revenue growth rapidly due to strong customer adoption of Cloud solutions. Amazon Web Services generated $19.7B in revenues for the company just in the second-quarter, showing 33% year-over-year growth. The revenue share within Amazon was about 16%, and I see this share growing to more than 20% within the next 2-3 years. The Cloud business is by far Amazon&#39;s highest potential business segment, and it is driving the firm&#39;s entire revenue growth. As opposed to e-Commerce, AWS is also highly profitable, generating $5.7B in operating income (29% margin) while Amazon&#39;s e-Commerce operations in North America and International continued to lose money in Q2&#39;22.</p><p><img src=\"https://static.tigerbbs.com/bf6b9305f4c2e6a34ae177f4fbf2b453\" tg-width=\"997\" tg-height=\"558\" width=\"100%\" height=\"auto\"/>On the other hand, Alibaba&#39;s Cloud business generated $17.7B Chinese Yuan ($2.6B) in revenues in the last quarter, showing a growth rate of 10% year over year. Cloud revenues represented just 9% of Alibaba&#39;s total revenues, while the commerce business (China and International) dominated with a revenue share of 76%.</p><p>So not only is Amazon&#39;s Cloud business responsible for most of Amazon&#39;s top line growth, but AWS is also growing more than three times faster than Alibaba&#39;s Cloud segment. On top of that, Amazon has a significant advantage regarding market share in the Cloud market, with AWS ranking #1 and capturing a third of the global Cloud market. Alibaba was ranked a fairly distant fourth with a market share of 5%.</p><p><img src=\"https://static.tigerbbs.com/a3fc7e061c51a9302b961534712e9ceb\" tg-width=\"1200\" tg-height=\"1200\" width=\"100%\" height=\"auto\"/>Valuation: key differences emerge</p><p>Amazon and Alibaba have both been highly valued during the pandemic because online retailers faced super attractive growth prospects at a time when the physical competition was all but taken out of the game by health authorities. The post-pandemic normalization of e-Commerce growth and the resulting re-rating of Amazon and Alibaba, however, have changed things up a bit.</p><p>Amazon and Alibaba are both profitable and are expected to remain profitable. But a key difference has emerged regarding the firms&#39; valuations. While Amazon is still expensive relative to its earnings potential (52 X P-E ratio), Alibaba is trading at a rock-bottom P-E ratio of 10 X... which represents stronger potential for an upside revaluation.</p><h3><img src=\"https://static.tigerbbs.com/a7ebff75c4be142c889fae2114dedd6f\" tg-width=\"635\" tg-height=\"481\" width=\"100%\" height=\"auto\"/>Risks with Alibaba and Amazon</h3><p>Both companies are facing deteriorating prospects in their core e-Commerce operations due to high inflation, which is impacting consumer spending. Amazon and Alibaba are both highly dependent on consumer spending, and both companies continue to be dominated by their e-Commerce operations (Alibaba&#39;s commerce share is 76% while Amazon&#39;s is 84%).</p><p>Besides top line risks which both companies share, there are other more company-specific risks that matter: Amazon is generating a large number of sales outside the US, meaning the retailer has exposure to the appreciating US Dollar. A strong US Dollar hurts currency conversions, which is a headwind for Amazon.</p><p>For Alibaba, there are regulatory and delisting risks that are affecting the pricing of its shares. I believe that a delisting of Alibaba&#39;s ADR from a US stock exchange is highly unlikely to occur because the firm secured a primary listing status for its shares in Hong Kong, which gives US investors an alternative marketplace to buy shares. Due to the primary listing status, Alibaba&#39;s shares are also available for mainland Chinese investors through the Hong Kong stock connect program.</p><h3>Final thoughts</h3><p>When comparing Alibaba and Amazon, there are many factors that must be considered. Both companies obviously are going through a post-pandemic adjustment period of slowing growth. Both companies are investing in the Cloud market and are facing challenges in their core segments.</p><p>Amazon has a stronger short term revenue outlook than Alibaba as it projects 13-17% revenue growth in the third-quarter, while Alibaba may actually see negative revenue growth in FQ2&#39;23. Estimate trends favor Amazon as well. From a valuation perspective, I believe Alibaba wins the comparison, however, because the Chinese company trades at a fraction of Amazon&#39;s P-E ratio. The risk profile for Alibaba&#39;s shares is therefore much more skewed to the upside than Amazon&#39;s!</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>Better Buy: Alibaba Vs. Amazon</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\">\nBetter Buy: Alibaba Vs. Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-24 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4542648-better-buy-alibaba-vs-amazon><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba and Amazon have both seen a significant slowdown in top line growth post-pandemic.Near-term revenue outlook favors Amazon. Amazon Web Services outperforms Alibaba Cloud.Based off of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4542648-better-buy-alibaba-vs-amazon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4542648-better-buy-alibaba-vs-amazon","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144003725","content_text":"SummaryAlibaba and Amazon have both seen a significant slowdown in top line growth post-pandemic.Near-term revenue outlook favors Amazon. Amazon Web Services outperforms Alibaba Cloud.Based off of valuation, however, Alibaba appears to present investors with more upside.In this article, I am going to compare the growth prospects, risks and valuations of the two largest e-Commerce companies on the planet: Alibaba (NYSE:BABA) and Amazon (AMZN). The shares of both e-Commerce companies have under-performed this year, in large part because of a post-pandemic slowdown in global economic growth and soaring inflation, which is impacting consumer spending. Both factors have created considerable uncertainty for the e-Commerce sector. With Alibaba's and Amazon's shares repricing 31% and 29% lower year to date, both companies have pros and cons. While Amazon has a couple of advantages, I believe Alibaba may be the better deal!Top line growth is slowingBoth Alibaba and Amazon have seen a significant slowdown in top line growth in the last quarter as inflation headwinds and weaker economic growth after the pandemic impacted their businesses. Alibaba's revenue growth slowed to 0% (Alibaba's China commerce business actually declined 1% in FQ1'23), the worst performance on record for Alibaba, while Amazon's top line growth slowed to just 7% year over year in Q2'22, reflecting a 20-year low point for Amazon.The near term outlook for revenue growth is stronger for Amazon than it is for Alibaba right now, largely because Amazon has said in its second-quarter earnings sheet that it sees between $125.0B and $130.0B in net revenues in Q3'22, implying a revenue growth rate of 13-17% year over year. Alibaba has not given a forecast either for the next quarter or the full-year due to uncertainty about e-Commerce sales in a country that is still seeing broad-scale COVID-19 lockdowns.Regarding forward annual estimates, Amazon is expected to do better than Alibaba. Consensus forecasts call for Amazon to see revenue growth of 11% this year and 15% next year... while Alibaba is projected to grow its top line at rates of 2% and 13%. Estimates have also dropped more for Alibaba, indicating that the market is a bit more pessimistic about BABA than AMZN...A key component that is driving Amazon's stronger top line growth is AWS -- Amazon Web Services -- which is ramping up revenue growth rapidly due to strong customer adoption of Cloud solutions. Amazon Web Services generated $19.7B in revenues for the company just in the second-quarter, showing 33% year-over-year growth. The revenue share within Amazon was about 16%, and I see this share growing to more than 20% within the next 2-3 years. The Cloud business is by far Amazon's highest potential business segment, and it is driving the firm's entire revenue growth. As opposed to e-Commerce, AWS is also highly profitable, generating $5.7B in operating income (29% margin) while Amazon's e-Commerce operations in North America and International continued to lose money in Q2'22.On the other hand, Alibaba's Cloud business generated $17.7B Chinese Yuan ($2.6B) in revenues in the last quarter, showing a growth rate of 10% year over year. Cloud revenues represented just 9% of Alibaba's total revenues, while the commerce business (China and International) dominated with a revenue share of 76%.So not only is Amazon's Cloud business responsible for most of Amazon's top line growth, but AWS is also growing more than three times faster than Alibaba's Cloud segment. On top of that, Amazon has a significant advantage regarding market share in the Cloud market, with AWS ranking #1 and capturing a third of the global Cloud market. Alibaba was ranked a fairly distant fourth with a market share of 5%.Valuation: key differences emergeAmazon and Alibaba have both been highly valued during the pandemic because online retailers faced super attractive growth prospects at a time when the physical competition was all but taken out of the game by health authorities. The post-pandemic normalization of e-Commerce growth and the resulting re-rating of Amazon and Alibaba, however, have changed things up a bit.Amazon and Alibaba are both profitable and are expected to remain profitable. But a key difference has emerged regarding the firms' valuations. While Amazon is still expensive relative to its earnings potential (52 X P-E ratio), Alibaba is trading at a rock-bottom P-E ratio of 10 X... which represents stronger potential for an upside revaluation.Risks with Alibaba and AmazonBoth companies are facing deteriorating prospects in their core e-Commerce operations due to high inflation, which is impacting consumer spending. Amazon and Alibaba are both highly dependent on consumer spending, and both companies continue to be dominated by their e-Commerce operations (Alibaba's commerce share is 76% while Amazon's is 84%).Besides top line risks which both companies share, there are other more company-specific risks that matter: Amazon is generating a large number of sales outside the US, meaning the retailer has exposure to the appreciating US Dollar. A strong US Dollar hurts currency conversions, which is a headwind for Amazon.For Alibaba, there are regulatory and delisting risks that are affecting the pricing of its shares. I believe that a delisting of Alibaba's ADR from a US stock exchange is highly unlikely to occur because the firm secured a primary listing status for its shares in Hong Kong, which gives US investors an alternative marketplace to buy shares. Due to the primary listing status, Alibaba's shares are also available for mainland Chinese investors through the Hong Kong stock connect program.Final thoughtsWhen comparing Alibaba and Amazon, there are many factors that must be considered. Both companies obviously are going through a post-pandemic adjustment period of slowing growth. Both companies are investing in the Cloud market and are facing challenges in their core segments.Amazon has a stronger short term revenue outlook than Alibaba as it projects 13-17% revenue growth in the third-quarter, while Alibaba may actually see negative revenue growth in FQ2'23. Estimate trends favor Amazon as well. From a valuation perspective, I believe Alibaba wins the comparison, however, because the Chinese company trades at a fraction of Amazon's P-E ratio. The risk profile for Alibaba's shares is therefore much more skewed to the upside than Amazon's!","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913079856,"gmtCreate":1663892275675,"gmtModify":1676537356814,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"A bit of gray area here on what they are doing&nbsp;","listText":"A bit of gray area here on what they are doing&nbsp;","text":"A bit of gray area here on what they are doing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9913079856","repostId":"2269140172","repostType":4,"repost":{"id":"2269140172","pubTimestamp":1663889947,"share":"https://ttm.financial/m/news/2269140172?lang=&edition=fundamental","pubTime":"2022-09-23 07:39","market":"us","language":"en","title":"Coinbase Tested Group to Speculate on Crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=2269140172","media":"The Wall Street Journal","summary":"The company completed a $100 million transaction before ending the effort. It says that it hasn’t en","content":"<html><head></head><body><p>The company completed a $100 million transaction before ending the effort. It says that it hasn’t engaged in proprietary trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/43b84e98590f9c27534c45ad3c6cf040\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"/><span>The biggest U.S. cryptocurrency exchange, Coinbase has entertained aggressive strategies as it tries to develop new businesses.</span></p><p>Coinbase Global Inc. has been searching for new ways to make money. One business it flirted with was controversial: using its own money to speculate on cryptocurrencies.</p><p>Last year, Coinbase—which operates a large cryptocurrency exchange that handles bitcoin and other digital coins—hired at least four senior Wall Street traders and launched a group to generate profit, in part, by using the company’s cash to trade and “stake,” or lock up, cryptocurrencies, according to people close to the matter. The activity was described as “proprietary” trading by the people at the company.</p><p>Earlier this year, the team completed a $100 million transaction that the group viewed as a test trade of the new effort, according to the people. The transaction came after Coinbase executives testified to members of Congress last year that the company didn’t buy and sell digital currencies for its own account.</p><p>The monthslong effort to launch the Coinbase Risk Solutions group underscores how Coinbase, which has seen its shares tumble about 70% over the past year, has entertained more aggressive strategies as it tries to develop new businesses.</p><p>Coinbase says some at the company examined pursuing proprietary trading but decided against it.</p><p>“Our statements to Congress accurately reflect our actual business activities,” a Coinbase spokeswoman said. “Coinbase does not, and has never, had a proprietary trading business. Any insinuation that we misled Congress is a willful misrepresentation of the facts.”</p><p>The Coinbase spokeswoman added that“Coinbase Risk Solutions was established to facilitate client-driven crypto transactions,” and “conflict of interest mitigation tools and policies” were in place in the group.</p><p>There are no regulations preventing firms like Coinbase from trading digital currencies alongside their clients.</p><p>In the past, investment banks operated proprietary trading groups that were active in stock and bond markets, while also doing “agency” trading, or trading solely on behalf of customers.</p><p>Rules on banks restricting speculative trading imposed in 2010 were eased somewhat a few years ago, and Coinbase was never subject to these restrictions. Still, regulators and politicians have long worried that speculative activity by firms like Coinbase in nascent crypto markets could harm clients. When a financial firm invests money for its clients at the same time it invests its own money in the market, it can lead to risks and potential conflicts of interest with clients. For example, a firm buying or selling the same investments could drive up or down the price of these investments, hurting the clients.</p><p>In July of last year, Coinbase established the Risk Solutions unit to trade crypto for clients. The group also made plans to begin making trades with Coinbase’s cash, among other strategies, according to the people close to the matter.</p><p>The team built sophisticated trading systems to enable this trading, according to the people.Coinbase Chief Financial Officer Alesia Haas was involved in creation of the unit, which was led by Brett Tejpaul, Coinbase’s head of institutional sales, trading, custody and prime services, the people said. Employees were discouraged from sharing information about the new trading business or discussing it in internal communications, the people said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80cc9fa1eb9b070fb2549e293a76aff8\" tg-width=\"1050\" tg-height=\"699\" width=\"100%\" height=\"auto\"/><span>Coinbase Chief Financial Officer Alesia Haas, seen at a House committee hearing in December, helped create the Coinbase Risk Solutions unit.</span></p><p>Neither Ms. Haas nor Mr. Tejpaul responded to a request for comment.</p><p>In December, five months after the creation of the Coinbase Risk Solutions unit, Ms. Haas testified before Congress that “Coinbase is an agency-only platform. We do not engage in proprietary trading on our platform.”</p><p>When questioned by Rep. Alexandria Ocasio-Cortez (D, N.Y.), Ms. Haas reiterated that Coinbase doesn’t do proprietary trading.</p><p>Later, the company clarified its activities to Rep.Maxine Waters(D., Calif.) by saying that “Coinbase does, from time to time, purchase cryptocurrency as principal for specific purposes that we do not view as proprietary trading because its purpose is not for Coinbase to benefit from increases in value of the cryptocurrency being traded.”</p><p>Earlier this year, after the testimony before Congress, Coinbase’s Risk Solutions group completed its first, sizable transaction. It raised money for the transaction by guaranteeing a $100 million “structured note” that was sold to firm Invesco Ltd. at a fixed-rate of 4.01%, according to people close to the matter. Coinbase used the $100 million to profit in cryptocurrency markets, according to the people.</p><p>An Invesco spokeswoman confirmed the transaction and said the investment firm had “no direct exposure to cryptocurrency” as part of the debt deal, adding that “this is no longer an active position for us.”</p><p>The deal was profitable for Coinbase, the people said, and Mr. Tejpaul praised the executives who worked on the transaction in internal communications and expressed eagerness to make additional such transactions, the people said.</p><p>The trade occurred after the crypto market started to fall from its all-time high, eating into Coinbase’s business.</p><p>Coinbase subsequently soured on the idea of doing proprietary trading. In recent months, a number of senior traders who had been hired to help run the business have left the company, the people said.</p><p>Analysts say Coinbase executives are trying to balance a need to maintain the company’s reputation for safety while diversifying its existing business and finding new areas of growth. Coinbase derives nearly all its revenue from trading by individual investors—and lost $1.1 billion in the second quarter on the back of the crypto market crash.</p><p>“They don’t want the public to perceive them as taking unnecessary risk…retail investors are concerned about the stability of a trading platform,” saysMark Palmer, an analyst at BTIG. “But it’s crucially important that the company diversify because they remain overly dependent on transactions from retail customers.”</p><p>The company is expanding its business in other ways. Earlier this month, BlackRock, the world’s largest money manager, announced a partnership with Coinbase. BlackRock’s institutional clients who also own digital assets on Coinbase will now be able to use Aladdin, the asset manager’s suite of software tools, to manage their portfolios and conduct risk analysis on investment decisions.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase Tested Group to Speculate on Crypto</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\">\nCoinbase Tested Group to Speculate on Crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-23 07:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/coinbase-tested-group-to-speculate-on-crypto-11663806157?mod=lead_feature_below_a_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The company completed a $100 million transaction before ending the effort. It says that it hasn’t engaged in proprietary trading.The biggest U.S. cryptocurrency exchange, Coinbase has entertained ...</p>\n\n<a href=\"https://www.wsj.com/articles/coinbase-tested-group-to-speculate-on-crypto-11663806157?mod=lead_feature_below_a_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.wsj.com/articles/coinbase-tested-group-to-speculate-on-crypto-11663806157?mod=lead_feature_below_a_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269140172","content_text":"The company completed a $100 million transaction before ending the effort. It says that it hasn’t engaged in proprietary trading.The biggest U.S. cryptocurrency exchange, Coinbase has entertained aggressive strategies as it tries to develop new businesses.Coinbase Global Inc. has been searching for new ways to make money. One business it flirted with was controversial: using its own money to speculate on cryptocurrencies.Last year, Coinbase—which operates a large cryptocurrency exchange that handles bitcoin and other digital coins—hired at least four senior Wall Street traders and launched a group to generate profit, in part, by using the company’s cash to trade and “stake,” or lock up, cryptocurrencies, according to people close to the matter. The activity was described as “proprietary” trading by the people at the company.Earlier this year, the team completed a $100 million transaction that the group viewed as a test trade of the new effort, according to the people. The transaction came after Coinbase executives testified to members of Congress last year that the company didn’t buy and sell digital currencies for its own account.The monthslong effort to launch the Coinbase Risk Solutions group underscores how Coinbase, which has seen its shares tumble about 70% over the past year, has entertained more aggressive strategies as it tries to develop new businesses.Coinbase says some at the company examined pursuing proprietary trading but decided against it.“Our statements to Congress accurately reflect our actual business activities,” a Coinbase spokeswoman said. “Coinbase does not, and has never, had a proprietary trading business. Any insinuation that we misled Congress is a willful misrepresentation of the facts.”The Coinbase spokeswoman added that“Coinbase Risk Solutions was established to facilitate client-driven crypto transactions,” and “conflict of interest mitigation tools and policies” were in place in the group.There are no regulations preventing firms like Coinbase from trading digital currencies alongside their clients.In the past, investment banks operated proprietary trading groups that were active in stock and bond markets, while also doing “agency” trading, or trading solely on behalf of customers.Rules on banks restricting speculative trading imposed in 2010 were eased somewhat a few years ago, and Coinbase was never subject to these restrictions. Still, regulators and politicians have long worried that speculative activity by firms like Coinbase in nascent crypto markets could harm clients. When a financial firm invests money for its clients at the same time it invests its own money in the market, it can lead to risks and potential conflicts of interest with clients. For example, a firm buying or selling the same investments could drive up or down the price of these investments, hurting the clients.In July of last year, Coinbase established the Risk Solutions unit to trade crypto for clients. The group also made plans to begin making trades with Coinbase’s cash, among other strategies, according to the people close to the matter.The team built sophisticated trading systems to enable this trading, according to the people.Coinbase Chief Financial Officer Alesia Haas was involved in creation of the unit, which was led by Brett Tejpaul, Coinbase’s head of institutional sales, trading, custody and prime services, the people said. Employees were discouraged from sharing information about the new trading business or discussing it in internal communications, the people said.Coinbase Chief Financial Officer Alesia Haas, seen at a House committee hearing in December, helped create the Coinbase Risk Solutions unit.Neither Ms. Haas nor Mr. Tejpaul responded to a request for comment.In December, five months after the creation of the Coinbase Risk Solutions unit, Ms. Haas testified before Congress that “Coinbase is an agency-only platform. We do not engage in proprietary trading on our platform.”When questioned by Rep. Alexandria Ocasio-Cortez (D, N.Y.), Ms. Haas reiterated that Coinbase doesn’t do proprietary trading.Later, the company clarified its activities to Rep.Maxine Waters(D., Calif.) by saying that “Coinbase does, from time to time, purchase cryptocurrency as principal for specific purposes that we do not view as proprietary trading because its purpose is not for Coinbase to benefit from increases in value of the cryptocurrency being traded.”Earlier this year, after the testimony before Congress, Coinbase’s Risk Solutions group completed its first, sizable transaction. It raised money for the transaction by guaranteeing a $100 million “structured note” that was sold to firm Invesco Ltd. at a fixed-rate of 4.01%, according to people close to the matter. Coinbase used the $100 million to profit in cryptocurrency markets, according to the people.An Invesco spokeswoman confirmed the transaction and said the investment firm had “no direct exposure to cryptocurrency” as part of the debt deal, adding that “this is no longer an active position for us.”The deal was profitable for Coinbase, the people said, and Mr. Tejpaul praised the executives who worked on the transaction in internal communications and expressed eagerness to make additional such transactions, the people said.The trade occurred after the crypto market started to fall from its all-time high, eating into Coinbase’s business.Coinbase subsequently soured on the idea of doing proprietary trading. In recent months, a number of senior traders who had been hired to help run the business have left the company, the people said.Analysts say Coinbase executives are trying to balance a need to maintain the company’s reputation for safety while diversifying its existing business and finding new areas of growth. Coinbase derives nearly all its revenue from trading by individual investors—and lost $1.1 billion in the second quarter on the back of the crypto market crash.“They don’t want the public to perceive them as taking unnecessary risk…retail investors are concerned about the stability of a trading platform,” saysMark Palmer, an analyst at BTIG. “But it’s crucially important that the company diversify because they remain overly dependent on transactions from retail customers.”The company is expanding its business in other ways. Earlier this month, BlackRock, the world’s largest money manager, announced a partnership with Coinbase. BlackRock’s institutional clients who also own digital assets on Coinbase will now be able to use Aladdin, the asset manager’s suite of software tools, to manage their portfolios and conduct risk analysis on investment decisions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919769970,"gmtCreate":1663862516490,"gmtModify":1676537352330,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>been eyeing to buy this stock","listText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>been eyeing to buy this stock","text":"$Berkshire Hathaway(BRK.B)$been eyeing to buy this stock","images":[{"img":"https://community-static.tradeup.com/news/9005f820672a8eb7416917cc33f24b70","width":"1440","height":"2394"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919769970","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9919456110,"gmtCreate":1663852207230,"gmtModify":1676537349410,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Not sure why... I thought we already expected the Fed to raise rates.. So why such&nbsp;reaction?&nbsp;","listText":"Not sure why... I thought we already expected the Fed to raise rates.. So why such&nbsp;reaction?&nbsp;","text":"Not sure why... I thought we already expected the Fed to raise rates.. So why such reaction?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919456110","repostId":"1104523508","repostType":4,"repost":{"id":"1104523508","pubTimestamp":1663860487,"share":"https://ttm.financial/m/news/1104523508?lang=&edition=fundamental","pubTime":"2022-09-22 23:28","market":"us","language":"en","title":"The Federal Reserve Delivers A Massive Shock To The Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1104523508","media":"Seeking Alpha","summary":"SummaryThe Fed's forecast for rate hikes was more hawkish than expected.Even the usually implied vol","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The Fed&#39;s forecast for rate hikes was more hawkish than expected.</li><li>Even the usually implied volatility melt didn&#39;t help to lift stocks.</li><li>The S&amp;P 500 could probably fall to around 3,100.</li></ul><p>After several attempts to rein in the stock market, the Fed may have figured it out. The message was clear enough for a golden retriever(<i>I have two</i>) to understand. There was nothing cryptic or reading of the tea leaves to understand it.</p><p>Powell struck the point again, reiterating his stance at Jackson Hole about his commitment to reining in inflation, which would create below-trend growth rates and higher unemployment. What solidified this commentary was the FOMC summary of economic projections, which laid it all out very nicely.</p><p>There was nothing the equity market could cling to that it could twist and turn to make up some bullish narrative. It was what the Fed needed to deliver for financial conditions to tighten adequately and for the Fed to start to bring inflation down.</p><p><img src=\"https://static.tigerbbs.com/c2486dcfedbac39aa134867b15ef0873\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve</p><p><b>Old Games Didn&#39;t Work</b></p><p>Of course, the equity market tried to play its implied volatility melt in the middle of the trading session game, with the S&amp;P 500 managing to rally by more than 2% off its post-FOMC lows. But still, what became clear was that sellers were in the market, and they could offset that usually implied volatility melt and sink stocks.</p><p><img src=\"https://static.tigerbbs.com/459b1b4fde70f77ff59f4b70461818a8\" tg-width=\"640\" tg-height=\"352\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Rates Will Go Much Higher</b></p><p>The Fed&#39;s plan to get rates to 4.4% this year was just too much for the stock market and not expected. Fed Fund Futures were only looking at 4% rates by December 2022. The Fed&#39;s projections were 40 bps higher than the market and about 1.25% higher than the Fed Fund Rate following today&#39;s 75 BPS rate hike. That means the market will need to price two additional rate hikes for the rest of 2022.</p><p>The Fed&#39;s projections for 4.6% for 2023 have also shifted the Fed Funds Futures peak terminal rate to 4.62% from 4.48% yesterday. Additionally, that peak rate is expected to come in May 2023 instead of April. But more importantly, as time passes, we should see those Fed Funds Futures begin to take the shape of the Fed&#39;s expected path.</p><p><img src=\"https://static.tigerbbs.com/d9cc424c7d0e3e3e8aacd8113b242d37\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/></p><p>Mott Capital</p><p>The shift in the futures market should feed through to the Treasury curve. Treasuries are already beginning to rise further with the 2-Yr and 3-Yr gaining and now above 4%. Based on the Fed projections, they would suggest we&#39;re likely to see the two and three-year Treasuries not only stay above 4% but well above 4%, potentially matching those peak terminal rates of 4.6% the Fed is forecasting.</p><p><img src=\"https://static.tigerbbs.com/fc4e3deca3e43f787644f7190a194f61\" tg-width=\"640\" tg-height=\"371\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>The higher rates will help strengthen the dollar index, especially against Japan and China, which are clearly in much easier monetary policy positions. Additionally, with Europe&#39;s energy crisis and on the brink of recession, the dollar is likely to strengthen further against the euro.</p><p><img src=\"https://static.tigerbbs.com/25c055312b974bed34e316facbc1f710\" tg-width=\"640\" tg-height=\"251\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Tighter Financial Conditions</b></p><p>Rising rates and a stronger dollar also will help real yield rise, and together all of these things will work to tighten financial conditions even more in the coming weeks. While the Chicago Fed&#39;s National Financial Conditions (NFCI) and Adjusted NFCI tightened some this week, they still need to see their index value get above zero. Tightening financial conditions will work to sink stocks as they usually do.</p><p><img src=\"https://static.tigerbbs.com/e8a87b59ca2e6b628c52613bf8779055\" tg-width=\"640\" tg-height=\"362\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Wider Spreads</b></p><p>Additionally, corporate and high-yield credit spreads should widen further, which historically is directly tied to changes in the stock market volatility as measured by the VIX index. Plus, now that the VIX options expiration occurred on Sept. 21, the VIX will be able to move higher more freely and will not be tied to the lower levels due to option positioning.</p><p><img src=\"https://static.tigerbbs.com/422c3763f701f4e62df97f8511fd97b9\" tg-width=\"640\" tg-height=\"251\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>All of this is bad for stocks because, on a relative basis, the S&amp;P 500 already is expensive, with an equity risk premium over the 10-Yr of just 2.4%. That&#39;s a historically low level since 2010 and 135 bps below the historical average of 3.76%. An increase of 135 bps in the S&amp;P 500 earnings yield would send it to roughly 7.25% from around 5.9%. That would take the S&amp;P 500 PE ratio of 16.9 to approximately 13.8, or an S&amp;P 500 value of roughly 3,100. That would be an additional 18% lower than its closing price of about 3,790 on Sept. 21.</p><p><img src=\"https://static.tigerbbs.com/f4bef51568c210e3673e7b0a8aa6a8ba\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>But that&#39;s the thing - it all depends on where rates go because if rates do rise as the Fed suggests, and the 2-yr gets to around 4.5% and assuming the curve remains inverted by 50 bps, the 10-Yr would trade with a 4% yield, and then, of course, that would imply an even higher earnings yield for the S&amp;P 500, and lower PE ratio.</p><p><b>Very Serious</b></p><p>The Fed is dead serious about raising rates. I have been warning about the end of QE and rate hikes and the consequence for about a year. As I also explained, the July and August 2022rally was a giant head-fake, and it got many investors on the wrong side of things, believing the Fed would cave and pivot. This time is different; the Fed has a serious inflation problem for the first time in about 40 years. During the 2010s, the Fed only had to worry about the unemployment rate because inflation was nonexistent, so that it could pivot at the first signs of slowing growth.</p><p>But now inflation is job number one for the Fed, and everything else is a distant second.</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 Federal Reserve Delivers A Massive Shock To The Stock Market</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 Federal Reserve Delivers A Massive Shock To The Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-22 23:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4542392-fed-delivers-massive-shock-to-stock-market><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe Fed's forecast for rate hikes was more hawkish than expected.Even the usually implied volatility melt didn't help to lift stocks.The S&P 500 could probably fall to around 3,100.After ...</p>\n\n<a href=\"https://seekingalpha.com/article/4542392-fed-delivers-massive-shock-to-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4542392-fed-delivers-massive-shock-to-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104523508","content_text":"SummaryThe Fed's forecast for rate hikes was more hawkish than expected.Even the usually implied volatility melt didn't help to lift stocks.The S&P 500 could probably fall to around 3,100.After several attempts to rein in the stock market, the Fed may have figured it out. The message was clear enough for a golden retriever(I have two) to understand. There was nothing cryptic or reading of the tea leaves to understand it.Powell struck the point again, reiterating his stance at Jackson Hole about his commitment to reining in inflation, which would create below-trend growth rates and higher unemployment. What solidified this commentary was the FOMC summary of economic projections, which laid it all out very nicely.There was nothing the equity market could cling to that it could twist and turn to make up some bullish narrative. It was what the Fed needed to deliver for financial conditions to tighten adequately and for the Fed to start to bring inflation down.Federal ReserveOld Games Didn't WorkOf course, the equity market tried to play its implied volatility melt in the middle of the trading session game, with the S&P 500 managing to rally by more than 2% off its post-FOMC lows. But still, what became clear was that sellers were in the market, and they could offset that usually implied volatility melt and sink stocks.BloombergRates Will Go Much HigherThe Fed's plan to get rates to 4.4% this year was just too much for the stock market and not expected. Fed Fund Futures were only looking at 4% rates by December 2022. The Fed's projections were 40 bps higher than the market and about 1.25% higher than the Fed Fund Rate following today's 75 BPS rate hike. That means the market will need to price two additional rate hikes for the rest of 2022.The Fed's projections for 4.6% for 2023 have also shifted the Fed Funds Futures peak terminal rate to 4.62% from 4.48% yesterday. Additionally, that peak rate is expected to come in May 2023 instead of April. But more importantly, as time passes, we should see those Fed Funds Futures begin to take the shape of the Fed's expected path.Mott CapitalThe shift in the futures market should feed through to the Treasury curve. Treasuries are already beginning to rise further with the 2-Yr and 3-Yr gaining and now above 4%. Based on the Fed projections, they would suggest we're likely to see the two and three-year Treasuries not only stay above 4% but well above 4%, potentially matching those peak terminal rates of 4.6% the Fed is forecasting.BloombergThe higher rates will help strengthen the dollar index, especially against Japan and China, which are clearly in much easier monetary policy positions. Additionally, with Europe's energy crisis and on the brink of recession, the dollar is likely to strengthen further against the euro.BloombergTighter Financial ConditionsRising rates and a stronger dollar also will help real yield rise, and together all of these things will work to tighten financial conditions even more in the coming weeks. While the Chicago Fed's National Financial Conditions (NFCI) and Adjusted NFCI tightened some this week, they still need to see their index value get above zero. Tightening financial conditions will work to sink stocks as they usually do.BloombergWider SpreadsAdditionally, corporate and high-yield credit spreads should widen further, which historically is directly tied to changes in the stock market volatility as measured by the VIX index. Plus, now that the VIX options expiration occurred on Sept. 21, the VIX will be able to move higher more freely and will not be tied to the lower levels due to option positioning.BloombergAll of this is bad for stocks because, on a relative basis, the S&P 500 already is expensive, with an equity risk premium over the 10-Yr of just 2.4%. That's a historically low level since 2010 and 135 bps below the historical average of 3.76%. An increase of 135 bps in the S&P 500 earnings yield would send it to roughly 7.25% from around 5.9%. That would take the S&P 500 PE ratio of 16.9 to approximately 13.8, or an S&P 500 value of roughly 3,100. That would be an additional 18% lower than its closing price of about 3,790 on Sept. 21.BloombergBut that's the thing - it all depends on where rates go because if rates do rise as the Fed suggests, and the 2-yr gets to around 4.5% and assuming the curve remains inverted by 50 bps, the 10-Yr would trade with a 4% yield, and then, of course, that would imply an even higher earnings yield for the S&P 500, and lower PE ratio.Very SeriousThe Fed is dead serious about raising rates. I have been warning about the end of QE and rate hikes and the consequence for about a year. As I also explained, the July and August 2022rally was a giant head-fake, and it got many investors on the wrong side of things, believing the Fed would cave and pivot. This time is different; the Fed has a serious inflation problem for the first time in about 40 years. During the 2010s, the Fed only had to worry about the unemployment rate because inflation was nonexistent, so that it could pivot at the first signs of slowing growth.But now inflation is job number one for the Fed, and everything else is a distant second.","news_type":1},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919868374,"gmtCreate":1663773363299,"gmtModify":1676537333822,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/5DD.SI\">$MICRO-MECHANICS (HOLDINGS) LTD(5DD.SI)$</a>is this a good stock in terms of growth?&nbsp;","listText":"<a href=\"https://ttm.financial/S/5DD.SI\">$MICRO-MECHANICS (HOLDINGS) LTD(5DD.SI)$</a>is this a good stock in terms of growth?&nbsp;","text":"$MICRO-MECHANICS (HOLDINGS) LTD(5DD.SI)$is this a good stock in terms of growth?","images":[{"img":"https://community-static.tradeup.com/news/44d31f4f344cb117645b9b86ebe2f6c0","width":"1440","height":"3715"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9919868374","isVote":1,"tweetType":1,"viewCount":1184,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580345914274193","authorId":"3580345914274193","name":"WT222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3580345914274193","authorIdStr":"3580345914274193"},"content":"I am holding this stock as I see the fundamentals are great. however I don't think now is a good time to buy semiconductor share tho [lovely]","text":"I am holding this stock as I see the fundamentals are great. however I don't think now is a good time to buy semiconductor share tho [lovely]","html":"I am holding this stock as I see the fundamentals are great. however I don't think now is a good time to buy semiconductor share tho [lovely]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9910878747,"gmtCreate":1663602719990,"gmtModify":1676537299751,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"I think the hike and future hikes&nbsp;are expected. We just have to deal and cope with it.&nbsp;","listText":"I think the hike and future hikes&nbsp;are expected. We just have to deal and cope with it.&nbsp;","text":"I think the hike and future hikes are expected. We just have to deal and cope with it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910878747","repostId":"1116701018","repostType":4,"repost":{"id":"1116701018","pubTimestamp":1663589285,"share":"https://ttm.financial/m/news/1116701018?lang=&edition=fundamental","pubTime":"2022-09-19 20:08","market":"us","language":"en","title":"Another Fed Rate Hike Is Coming: 3 Bank Stocks That Will Benefit From Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1116701018","media":"Motley Fool","summary":"These bank stocks will get an earnings boost from rising interest rates.","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>The recent consumer price index release showed inflation increased 8.3% over the last year.</li><li>Traders expect the Federal Reserve to raise interest rates another 75 basis points in its September meeting.</li><li>Rising interest rates can benefit banks by boosting their net interest income.</li></ul><p>Over the past year, inflation has remained stubbornly high, wreaking havoc for consumers and investors alike. Economists hoped August would bring better news, but it didn&#39;t.</p><p>Earlier this week, the U.S. Bureau of Labor Statistics released its August data for the consumer price index, which measures the changes in the costs of consumer goods. The release showed that prices were up 8.3% on an annual basis, with higher food and housing costs offsetting lower energy prices.</p><p>Now investors look to the Federal Reserve, which has been aggressively fighting inflation with its primary tool: interest rate increases. When the Fed raised rates by 75 basis points in June, it was its largest rate hike in 28 years. The Fed raised rates another 75 basis points in July, and investors expect a similar increase during its meeting next week. While rising rates hurt most companies by raising the cost of borrowing, bank stocks benefit. Here&#39;s why.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1538e0f1fb0012705ce9003348a5ab0a\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p>One of the main ways banks make money is by charging customers higher interest rates on credit than they pay customers on deposits. While some banks generate extra income from fees and others have highly profitable investment banking divisions, most banks generate earnings from interest rates.</p><p>Banks face challenging times when interest rates are low because that tends to compress interest rate spreads, or the amount of interest charged minus the amount paid out. When interest rates rise, this spread tends to widen, and banks see their profitability improve. With that said, here are three banks that stand to benefit in a big way from continuing rate increases.</p><h2>1. Bank of America</h2><p><b>Bank of America</b> ranks as the second-largest bank in the U.S. with over $2 trillion in assets and is one of the most interest-rate-sensitive major banks out there. One reason is that 40% of its $1.4 trillion in deposits from consumer wealth management clients is in low- or no-interest checking accounts. As a result, Bank of America can earn more on these deposits as rates rise.</p><p>Through the first six months of the year, Bank of America&#39;s net interest income (NII) rose by 18%, to $24 billion, versus the first half of the previous year. In its recent regulatory filing, the bank said a 100-basis-point increase in interest rates would help NII grow by $5 billion over the next year, an 11% increase from its trailing-12-month NII.</p><h2>2. The Bancorp</h2><p><b>The Bancorp</b> is different from traditional banks because it has no branches. Instead, the bankoffers private-label banking servicesto online and nonbank lenders.</p><p>The bank handles back-end services like regulatory compliance and access to payment networks, like <b>Visa</b> and <b>Mastercard</b>. Over 100 clients, like <b>PayPal Holdings</b> and Chime, turn to The Bancorp for these services to help nonbank clients offer their own payment products.</p><p>The bank&#39;s net interest income didn&#39;t change much in the first half of the year, but that&#39;s due to a timing difference in how interest rates affect its deposits and loans. Most of The Bancorp&#39;s deposits are through prepaid and debit card account deposits, and when interest rates go up The Bancorp quickly adjusts the interest rates it pays on these deposits.</p><p>However, its loans are variable rates, repriced on a lag, and take longer to adjust to changes in interest rates. These loans are generally repriced monthly or quarterly, and the bank sees higher interest rates serving as a tailwind in the second half of this year.</p><p>According to its regulatory filing, a 100-basis-point parallel increase to interest rates would help NII increase by 9%, while a 200-basis-point increase would help NII grow by nearly 19%.</p><h2>3. Silvergate Capital</h2><p><b>Silvergate Capital</b> provides banking services to cryptocurrency customers, which it has done since 2013. One of its earliest products was the Silvergate Exchange Network (SEN), a payment transfer network that allows crypto exchanges, like <b>Coinbase Global</b> or Gemini, to transfer U.S. dollars efficiently. The SEN is interesting because it gives Silvergate a vast amount of non-interest-bearing deposits, which allows the bank to benefit significantly when interest rates go higher.</p><p>The bank has over $13 billion in non-interest-bearing deposits, or 99.5% of its total deposit base. As a result, Silvergate reaps the benefits of higher interest rates on its loan portfolio while it doesn&#39;t have to increase what it pays out on its deposit accounts.</p><p>Silvergate&#39;s NII grew 126% to $121 million in the year&#39;s first half. In its recent regulatory filing, the bank noted that a 100-basis-point parallel shift up in interest rates would cause NII to increase by nearly 16%, while a 200-basis-point increase would cause NII to grow by 31%.</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>Another Fed Rate Hike Is Coming: 3 Bank Stocks That Will Benefit From Rising Interest Rates</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\">\nAnother Fed Rate Hike Is Coming: 3 Bank Stocks That Will Benefit From Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-19 20:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/18/another-fed-rate-hike-is-coming-3-bank-stocks-that/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe recent consumer price index release showed inflation increased 8.3% over the last year.Traders expect the Federal Reserve to raise interest rates another 75 basis points in its September...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/18/another-fed-rate-hike-is-coming-3-bank-stocks-that/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","TBBK":"The Bancorp"},"source_url":"https://www.fool.com/investing/2022/09/18/another-fed-rate-hike-is-coming-3-bank-stocks-that/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116701018","content_text":"KEY POINTSThe recent consumer price index release showed inflation increased 8.3% over the last year.Traders expect the Federal Reserve to raise interest rates another 75 basis points in its September meeting.Rising interest rates can benefit banks by boosting their net interest income.Over the past year, inflation has remained stubbornly high, wreaking havoc for consumers and investors alike. Economists hoped August would bring better news, but it didn't.Earlier this week, the U.S. Bureau of Labor Statistics released its August data for the consumer price index, which measures the changes in the costs of consumer goods. The release showed that prices were up 8.3% on an annual basis, with higher food and housing costs offsetting lower energy prices.Now investors look to the Federal Reserve, which has been aggressively fighting inflation with its primary tool: interest rate increases. When the Fed raised rates by 75 basis points in June, it was its largest rate hike in 28 years. The Fed raised rates another 75 basis points in July, and investors expect a similar increase during its meeting next week. While rising rates hurt most companies by raising the cost of borrowing, bank stocks benefit. Here's why.IMAGE SOURCE: GETTY IMAGES.One of the main ways banks make money is by charging customers higher interest rates on credit than they pay customers on deposits. While some banks generate extra income from fees and others have highly profitable investment banking divisions, most banks generate earnings from interest rates.Banks face challenging times when interest rates are low because that tends to compress interest rate spreads, or the amount of interest charged minus the amount paid out. When interest rates rise, this spread tends to widen, and banks see their profitability improve. With that said, here are three banks that stand to benefit in a big way from continuing rate increases.1. Bank of AmericaBank of America ranks as the second-largest bank in the U.S. with over $2 trillion in assets and is one of the most interest-rate-sensitive major banks out there. One reason is that 40% of its $1.4 trillion in deposits from consumer wealth management clients is in low- or no-interest checking accounts. As a result, Bank of America can earn more on these deposits as rates rise.Through the first six months of the year, Bank of America's net interest income (NII) rose by 18%, to $24 billion, versus the first half of the previous year. In its recent regulatory filing, the bank said a 100-basis-point increase in interest rates would help NII grow by $5 billion over the next year, an 11% increase from its trailing-12-month NII.2. The BancorpThe Bancorp is different from traditional banks because it has no branches. Instead, the bankoffers private-label banking servicesto online and nonbank lenders.The bank handles back-end services like regulatory compliance and access to payment networks, like Visa and Mastercard. Over 100 clients, like PayPal Holdings and Chime, turn to The Bancorp for these services to help nonbank clients offer their own payment products.The bank's net interest income didn't change much in the first half of the year, but that's due to a timing difference in how interest rates affect its deposits and loans. Most of The Bancorp's deposits are through prepaid and debit card account deposits, and when interest rates go up The Bancorp quickly adjusts the interest rates it pays on these deposits.However, its loans are variable rates, repriced on a lag, and take longer to adjust to changes in interest rates. These loans are generally repriced monthly or quarterly, and the bank sees higher interest rates serving as a tailwind in the second half of this year.According to its regulatory filing, a 100-basis-point parallel increase to interest rates would help NII increase by 9%, while a 200-basis-point increase would help NII grow by nearly 19%.3. Silvergate CapitalSilvergate Capital provides banking services to cryptocurrency customers, which it has done since 2013. One of its earliest products was the Silvergate Exchange Network (SEN), a payment transfer network that allows crypto exchanges, like Coinbase Global or Gemini, to transfer U.S. dollars efficiently. The SEN is interesting because it gives Silvergate a vast amount of non-interest-bearing deposits, which allows the bank to benefit significantly when interest rates go higher.The bank has over $13 billion in non-interest-bearing deposits, or 99.5% of its total deposit base. As a result, Silvergate reaps the benefits of higher interest rates on its loan portfolio while it doesn't have to increase what it pays out on its deposit accounts.Silvergate's NII grew 126% to $121 million in the year's first half. In its recent regulatory filing, the bank noted that a 100-basis-point parallel shift up in interest rates would cause NII to increase by nearly 16%, while a 200-basis-point increase would cause NII to grow by 31%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934714841,"gmtCreate":1663300128683,"gmtModify":1676537247932,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Buy now AND wait","listText":"Buy now AND wait","text":"Buy now AND wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9934714841","repostId":"2267657881","repostType":4,"repost":{"id":"2267657881","pubTimestamp":1663296968,"share":"https://ttm.financial/m/news/2267657881?lang=&edition=fundamental","pubTime":"2022-09-16 10:56","market":"us","language":"en","title":"Should You Buy Stocks Now Or Wait? Here’s Warren Buffett’s Advice","url":"https://stock-news.laohu8.com/highlight/detail?id=2267657881","media":"MotleyFool","summary":"Stock market investors have had a tough time so far this year. Major market benchmarks are sharply l","content":"<html><head></head><body><p>Stock market investors have had a tough time so far this year. Major market benchmarks are sharply lower from where they started the year, and every time Wall Street seems to have regained its footing, some new concern sends stocks reeling once again.</p><p>For those with money to invest, falling markets pose a conundrum. On one hand, share prices for thousands of stocks are much more attractive than they were a year ago, so if you still believe that a company&#39;s business will succeed in the long run, getting to invest in more shares at lower prices is a bargain opportunity. On the other hand, nobody wants to buy a stock only to see it continue to lose ground.</p><p>So should you buy stocks now, or wait for some future sign? To get some insight on that question, it&#39;s helpful to turn to the words of legendary investor Warren Buffett. The <b>Berkshire Hathaway </b>(NYSE: BRK.A) (NYSE: BRK.B) CEO has been through plenty of bear markets in his long investing career, and his long-term investing approach has paid off with market-crushing returns through thick and thin. Here&#39;s what Buffett has given as advice to those trying to decide whether to invest or wait in tough times.</p><h2>Buffett&#39;s advice for active investors</h2><p>Buffett has a couple of ideas for active investors that at first seem to be in conflict. When you think about it, though, the net takeaway is to be aggressive but selective in choosing stocks to buy during difficult market conditions.</p><p>Buffett&#39;s aggressive nature shines through in several statements. In the shareholder letter that came out in 2010, the Berkshire CEO wrote: &#34;Big opportunities come infrequently. When it&#39;s raining gold, reach for a bucket, not a thimble.&#34; That approach in the aftermath of the financial crisis proved to be quite timely, as the ensuing bull market lasted throughout the 2010s and was one of the most prosperous periods in stock market history. It also underscores his much more commonly cited aphorism, &#34;Be greedy when markets are fearful.&#34;</p><p>Yet Buffett&#39;s success has largely come from being selective with his investments. Fortunately, tough times offer great opportunities to see the truth about companies. As he noted in the shareholder letter that came out in 2002, &#34;You only find out who is swimming naked when the tide goes out.&#34; Even poorly run companies can do well in bull markets, but bear markets separate the wheat from the chaff.</p><p>Moreover, Buffett isn&#39;t hesitant to hold off on investments he&#39;s not completely confident about making. As he was quoted at the 1999 Berkshire shareholder meeting as saying: &#34;The stock market is a no-called-strike game. You don&#39;t have to swing at everything. You can wait for your pitch.&#34;</p><h2>Buffett&#39;s advice to less-active investors</h2><p>Not everyone wants to spend a lot of time figuring out which companies are most likely to outperform their peers. For those less-active investors, Buffett also has some simple advice: Dollar-cost average using index funds.</p><p>Here&#39;s specifically what Buffett told investors at Berkshire&#39;s 2004 annual shareholders&#39; meeting: &#34;If you accumulate a low-cost index fund over 10 years with fairly regular sums, I think you will probably do better than 90% of the people around you that take up investing at a similar time.&#34;</p><p>Fortunately, there are plenty of such investing vehicles available for those who don&#39;t want to dive into individual stocks. Tracking popular indexes like the <b>S&amp;P 500 </b>or even the entire universe of stocks is possible through mutual funds and exchange-traded funds, many of which charge 0.1% or less in annual expenses to investors.</p><h2>The right answer for you</h2><p>The most important attribute successful investors share is having an investing strategy. What that strategy looks like, though, can differ among investors without sacrificing the potential for success. Buffett clearly understands this, and it&#39;s why he acknowledges that different strategies will work better for different people.</p><p>In general, though, Buffett&#39;s a big believer in bucking market trends, taking advantage of bargain opportunities, and beating back your emotions. The times when you&#39;re likely most scared to invest have historically been the best times to get your money working the markets, and so even if you don&#39;t dive in right now, you won&#39;t want to wait too long before getting a solid investing plan in place.</p></body></html>","source":"motleyfoolau_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>Should You Buy Stocks Now Or Wait? Here’s Warren Buffett’s Advice</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\">\nShould You Buy Stocks Now Or Wait? Here’s Warren Buffett’s Advice\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-16 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/15/buy-stocks-now-or-wait-warren-buffett-advice/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock market investors have had a tough time so far this year. Major market benchmarks are sharply lower from where they started the year, and every time Wall Street seems to have regained its footing...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/15/buy-stocks-now-or-wait-warren-buffett-advice/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BRK.B":"伯克希尔B","BK4176":"多领域控股","BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2022/09/15/buy-stocks-now-or-wait-warren-buffett-advice/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267657881","content_text":"Stock market investors have had a tough time so far this year. Major market benchmarks are sharply lower from where they started the year, and every time Wall Street seems to have regained its footing, some new concern sends stocks reeling once again.For those with money to invest, falling markets pose a conundrum. On one hand, share prices for thousands of stocks are much more attractive than they were a year ago, so if you still believe that a company's business will succeed in the long run, getting to invest in more shares at lower prices is a bargain opportunity. On the other hand, nobody wants to buy a stock only to see it continue to lose ground.So should you buy stocks now, or wait for some future sign? To get some insight on that question, it's helpful to turn to the words of legendary investor Warren Buffett. The Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO has been through plenty of bear markets in his long investing career, and his long-term investing approach has paid off with market-crushing returns through thick and thin. Here's what Buffett has given as advice to those trying to decide whether to invest or wait in tough times.Buffett's advice for active investorsBuffett has a couple of ideas for active investors that at first seem to be in conflict. When you think about it, though, the net takeaway is to be aggressive but selective in choosing stocks to buy during difficult market conditions.Buffett's aggressive nature shines through in several statements. In the shareholder letter that came out in 2010, the Berkshire CEO wrote: \"Big opportunities come infrequently. When it's raining gold, reach for a bucket, not a thimble.\" That approach in the aftermath of the financial crisis proved to be quite timely, as the ensuing bull market lasted throughout the 2010s and was one of the most prosperous periods in stock market history. It also underscores his much more commonly cited aphorism, \"Be greedy when markets are fearful.\"Yet Buffett's success has largely come from being selective with his investments. Fortunately, tough times offer great opportunities to see the truth about companies. As he noted in the shareholder letter that came out in 2002, \"You only find out who is swimming naked when the tide goes out.\" Even poorly run companies can do well in bull markets, but bear markets separate the wheat from the chaff.Moreover, Buffett isn't hesitant to hold off on investments he's not completely confident about making. As he was quoted at the 1999 Berkshire shareholder meeting as saying: \"The stock market is a no-called-strike game. You don't have to swing at everything. You can wait for your pitch.\"Buffett's advice to less-active investorsNot everyone wants to spend a lot of time figuring out which companies are most likely to outperform their peers. For those less-active investors, Buffett also has some simple advice: Dollar-cost average using index funds.Here's specifically what Buffett told investors at Berkshire's 2004 annual shareholders' meeting: \"If you accumulate a low-cost index fund over 10 years with fairly regular sums, I think you will probably do better than 90% of the people around you that take up investing at a similar time.\"Fortunately, there are plenty of such investing vehicles available for those who don't want to dive into individual stocks. Tracking popular indexes like the S&P 500 or even the entire universe of stocks is possible through mutual funds and exchange-traded funds, many of which charge 0.1% or less in annual expenses to investors.The right answer for youThe most important attribute successful investors share is having an investing strategy. What that strategy looks like, though, can differ among investors without sacrificing the potential for success. Buffett clearly understands this, and it's why he acknowledges that different strategies will work better for different people.In general, though, Buffett's a big believer in bucking market trends, taking advantage of bargain opportunities, and beating back your emotions. The times when you're likely most scared to invest have historically been the best times to get your money working the markets, and so even if you don't dive in right now, you won't want to wait too long before getting a solid investing plan in place.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934715275,"gmtCreate":1663300059897,"gmtModify":1676537247887,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Was never a fan of BNPL","listText":"Was never a fan of BNPL","text":"Was never a fan of BNPL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934715275","repostId":"1195817023","repostType":4,"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932743216,"gmtCreate":1662996716136,"gmtModify":1676537179388,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Time to sell some Nio","listText":"Time to sell some Nio","text":"Time to sell some Nio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932743216","repostId":"1143489745","repostType":4,"repost":{"id":"1143489745","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":1662991361,"share":"https://ttm.financial/m/news/1143489745?lang=&edition=fundamental","pubTime":"2022-09-12 22:02","market":"us","language":"en","title":"EV Stocks Took off in Morning Trading with Nio Jumping over 8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1143489745","media":"Tiger Newspress","summary":"EV stocks took off in morning trading, with Nio jumping over 8% and Lucid jumping over 4%.","content":"<html><head></head><body><p>EV stocks took off in morning trading, with Nio jumping over 8% and Lucid jumping over 4%.</p><p><img src=\"https://static.tigerbbs.com/e956061bed69beed9b954299be23c6fd\" tg-width=\"427\" tg-height=\"539\" 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>EV Stocks Took off in Morning Trading with Nio Jumping over 8%</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\">\nEV Stocks Took off in Morning Trading with Nio Jumping over 8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-12 22:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV stocks took off in morning trading, with Nio jumping over 8% and Lucid jumping over 4%.</p><p><img src=\"https://static.tigerbbs.com/e956061bed69beed9b954299be23c6fd\" tg-width=\"427\" tg-height=\"539\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","LI":"理想汽车","NIO":"蔚来","XPEV":"小鹏汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143489745","content_text":"EV stocks took off in morning trading, with Nio jumping over 8% and Lucid jumping over 4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932749486,"gmtCreate":1662996646646,"gmtModify":1676537179368,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"I think Tiktok would still be king for the foreseeable future.&nbsp;","listText":"I think Tiktok would still be king for the foreseeable future.&nbsp;","text":"I think Tiktok would still be king for the foreseeable future.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9932749486","repostId":"2266326133","repostType":4,"repost":{"id":"2266326133","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":1662993275,"share":"https://ttm.financial/m/news/2266326133?lang=&edition=fundamental","pubTime":"2022-09-12 22:34","market":"us","language":"en","title":"Instagram Stumbles in Push to Mimic TikTok, Internal Documents Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2266326133","media":"Dow Jones","summary":"Meta Platforms Inc. Chief Executive Mark Zuckerberg is betting the social-media giant's near-term fu","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. Chief Executive Mark Zuckerberg is betting the social-media giant&#39;s near-term future on Instagram Reels, the short-video feature he is touting as the company&#39;s answer to TikTok.</p><p>The company&#39;s internal research shows that Meta has a lot of catching up to do.</p><p>Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.</p><p>The document, titled &#34;Creators x Reels State of the Union 2022,&#34; was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that &#34;most Reels users have no engagement whatsoever.&#34;</p><p>One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.</p><p>Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.</p><p>&#34;We still have work to do,&#34; she said. &#34;But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.&#34;</p><p>The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone&#39;s operating system put a major dent in Meta&#39;s ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta&#39;s market value had declined by more than $620 billion since peaking more than a year ago.</p><p>Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.</p><p>&#34;We&#39;re seeing good promise in the rollout of Reels, good adoption,&#34; Instagram Chief Operating Officer Justin Osofsky said in an interview. &#34;But with that said, we know we also have work to do.&#34;</p><p>He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.</p><p>The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it &#34;downranks&#34; these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.</p><p>&#34;People have told us they want original high-quality content,&#34; Mr. Osofsky said.</p><p>Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.</p><p>This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat&#39;s Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.</p><p>&#34;Nobody&#39;s going to make original content for Instagram,&#34; Mr. Purifoy said. &#34;It just doesn&#39;t make any sense.&#34;</p><p>To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.</p><p>&#34;Meta&#39;s suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,&#34; the document said.</p><p>The Meta spokeswoman said this payout number is outdated and doesn&#39;t include separate payments to Facebook creators that the fund also covers.</p><p>TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.</p><p>Meta&#39;s ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.</p><p>But Meta&#39;s advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.</p><p>Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company &#34;cares about&#34; them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was &#34;good for the world,&#34; the score fell from more than 60% in 2019 to slightly over 45%.</p><p>The Meta spokeswoman said that didn&#39;t reflect the company&#39;s internal data, but declined to elaborate.</p><p>The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant&#39;s current predicament: &#34;Would you say that Meta&#39;s best days are ahead of it or behind it?&#34; The company declined to disclose how users responded to that question.</p><p>At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.</p><p>Other social-media companies have had their business models upended, too. <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.</p><p>Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry&#39;s 800-pound gorilla.</p><p>Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat&#39;s features.</p><p>While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.</p><p>TikTok&#39;s explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.</p><p>TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein&#39;s August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.</p><p>As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: &#34;The 2020s are the SFV decade.&#34;</p><p>After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company&#39;s fastest-growing content format, but TikTok has maintained its lead.</p><p>&#34;Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,&#34; said the internal Meta document.</p><p>Meta&#39;s challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.</p><p>Meta&#39;s products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people&#39;s interests, helping them discover new things they never knew they wanted or would enjoy.</p><p>This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don&#39;t follow.</p><p>There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said &#34;Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.&#34;</p><p>Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don&#39;t already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.</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>Instagram Stumbles in Push to Mimic TikTok, Internal Documents Show</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\">\nInstagram Stumbles in Push to Mimic TikTok, Internal Documents Show\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\">2022-09-12 22:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. Chief Executive Mark Zuckerberg is betting the social-media giant&#39;s near-term future on Instagram Reels, the short-video feature he is touting as the company&#39;s answer to TikTok.</p><p>The company&#39;s internal research shows that Meta has a lot of catching up to do.</p><p>Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.</p><p>The document, titled &#34;Creators x Reels State of the Union 2022,&#34; was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that &#34;most Reels users have no engagement whatsoever.&#34;</p><p>One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.</p><p>Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.</p><p>&#34;We still have work to do,&#34; she said. &#34;But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.&#34;</p><p>The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone&#39;s operating system put a major dent in Meta&#39;s ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta&#39;s market value had declined by more than $620 billion since peaking more than a year ago.</p><p>Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.</p><p>&#34;We&#39;re seeing good promise in the rollout of Reels, good adoption,&#34; Instagram Chief Operating Officer Justin Osofsky said in an interview. &#34;But with that said, we know we also have work to do.&#34;</p><p>He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.</p><p>The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it &#34;downranks&#34; these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.</p><p>&#34;People have told us they want original high-quality content,&#34; Mr. Osofsky said.</p><p>Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.</p><p>This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat&#39;s Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.</p><p>&#34;Nobody&#39;s going to make original content for Instagram,&#34; Mr. Purifoy said. &#34;It just doesn&#39;t make any sense.&#34;</p><p>To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.</p><p>&#34;Meta&#39;s suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,&#34; the document said.</p><p>The Meta spokeswoman said this payout number is outdated and doesn&#39;t include separate payments to Facebook creators that the fund also covers.</p><p>TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.</p><p>Meta&#39;s ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.</p><p>But Meta&#39;s advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.</p><p>Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company &#34;cares about&#34; them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was &#34;good for the world,&#34; the score fell from more than 60% in 2019 to slightly over 45%.</p><p>The Meta spokeswoman said that didn&#39;t reflect the company&#39;s internal data, but declined to elaborate.</p><p>The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant&#39;s current predicament: &#34;Would you say that Meta&#39;s best days are ahead of it or behind it?&#34; The company declined to disclose how users responded to that question.</p><p>At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.</p><p>Other social-media companies have had their business models upended, too. <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.</p><p>Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry&#39;s 800-pound gorilla.</p><p>Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat&#39;s features.</p><p>While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.</p><p>TikTok&#39;s explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.</p><p>TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein&#39;s August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.</p><p>As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: &#34;The 2020s are the SFV decade.&#34;</p><p>After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company&#39;s fastest-growing content format, but TikTok has maintained its lead.</p><p>&#34;Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,&#34; said the internal Meta document.</p><p>Meta&#39;s challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.</p><p>Meta&#39;s products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people&#39;s interests, helping them discover new things they never knew they wanted or would enjoy.</p><p>This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don&#39;t follow.</p><p>There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said &#34;Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.&#34;</p><p>Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don&#39;t already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266326133","content_text":"Meta Platforms Inc. Chief Executive Mark Zuckerberg is betting the social-media giant's near-term future on Instagram Reels, the short-video feature he is touting as the company's answer to TikTok.The company's internal research shows that Meta has a lot of catching up to do.Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.The document, titled \"Creators x Reels State of the Union 2022,\" was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that \"most Reels users have no engagement whatsoever.\"One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.\"We still have work to do,\" she said. \"But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.\"The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone's operating system put a major dent in Meta's ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta's market value had declined by more than $620 billion since peaking more than a year ago.Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.\"We're seeing good promise in the rollout of Reels, good adoption,\" Instagram Chief Operating Officer Justin Osofsky said in an interview. \"But with that said, we know we also have work to do.\"He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it \"downranks\" these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.\"People have told us they want original high-quality content,\" Mr. Osofsky said.Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat's Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.\"Nobody's going to make original content for Instagram,\" Mr. Purifoy said. \"It just doesn't make any sense.\"To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.\"Meta's suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,\" the document said.The Meta spokeswoman said this payout number is outdated and doesn't include separate payments to Facebook creators that the fund also covers.TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.Meta's ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.But Meta's advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company \"cares about\" them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was \"good for the world,\" the score fell from more than 60% in 2019 to slightly over 45%.The Meta spokeswoman said that didn't reflect the company's internal data, but declined to elaborate.The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant's current predicament: \"Would you say that Meta's best days are ahead of it or behind it?\" The company declined to disclose how users responded to that question.At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.Other social-media companies have had their business models upended, too. Snap Inc., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry's 800-pound gorilla.Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat's features.While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.TikTok's explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein's August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: \"The 2020s are the SFV decade.\"After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company's fastest-growing content format, but TikTok has maintained its lead.\"Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,\" said the internal Meta document.Meta's challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.Meta's products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people's interests, helping them discover new things they never knew they wanted or would enjoy.This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don't follow.There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said \"Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.\"Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don't already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.","news_type":1},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000463","authorId":"9000000000000463","name":"MurrayBulwer","avatar":"https://static.tigerbbs.com/b11c256c9adb7debe80fba544b0e6b3d","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000463","authorIdStr":"9000000000000463"},"content":"I quite agree with you. Tik tok is difficult to replace for people nowadays, especially young people.","text":"I quite agree with you. Tik tok is difficult to replace for people nowadays, especially young people.","html":"I quite agree with you. Tik tok is difficult to replace for people nowadays, especially young people."}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9995347291,"gmtCreate":1661418165516,"gmtModify":1676536515107,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Is good as long as Apple keeps releasing new or&nbsp;better versions.&nbsp;","listText":"Is good as long as Apple keeps releasing new or&nbsp;better versions.&nbsp;","text":"Is good as long as Apple keeps releasing new or better versions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995347291","repostId":"1155224332","repostType":4,"repost":{"id":"1155224332","pubTimestamp":1661413530,"share":"https://ttm.financial/m/news/1155224332?lang=&edition=fundamental","pubTime":"2022-08-25 15:45","market":"us","language":"en","title":"Apple Stock: Is It Overvalued?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155224332","media":"TheStreet","summary":"One of the main pillars of the bearish thesis on Apple stock is the rich valuation. But compared to ","content":"<html><head></head><body><p>One of the main pillars of the bearish thesis on Apple stock is the rich valuation. But compared to the peer group, maybe AAPL is not so pricey after all.</p><p><b>Apple</b> stock is considered a buy by the majority of analysts that cover the name. According to TipRanks, more than 80% of Wall Street experts think that owning shares is a good idea, while only one analyst has a sell rating on the stock.</p><p>Among skeptics, one of the main arguments against owning AAPL is the elevated P/E ratio. But a closer look at the peer comparison suggests that Apple stock may be more affordable than many seem to believe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/43a857803961118aaec24d329afbb569\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"/><span>Figure 1: Is Apple Stock Overvalued? What The Peer Comparison Says</span></p><p><b>Apple’s valuations: fair, too rich, or a bargain?</b></p><p>The following graph probably explains why so many value investors are cautious about Apple stock today. Notice what has happened to AAPL’s price-to-earnings (or P/E) ratio over the past 10 years:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0553c50e1e51280c4e0a5f50a0ab7313\" tg-width=\"1000\" tg-height=\"485\" width=\"100%\" height=\"auto\"/><span>Figure 2: Apple&#39;s valuation.</span></p><p>Starting a couple of years after the launch of the original iPad, Apple’s P/E fluctuated between 10 and 20 times for a few years. Then, beginning in 2019, the valuation multiple skyrocketed to as high as 44 times early last year, settling now to just below 30 times.</p><p>The multiple expansion happened for a few reasons, the most relevant of which was probably Apple’s business model shift to higher-margin and more predictable services. The post-iPhone X success of Apple’s smartphone segment, along with the company’s generous cash return policy, probably helped too.</p><p>But tech companies, especially those in high growth stages of their lifecycles or whose “moats” are considered wide, tend to command high P/Es. Take a look at the following table comparing some of Apple’s key valuation metrics with those of peers selected by Stock Rover:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a113f08e69b46e338f58200da166c3f0\" tg-width=\"1002\" tg-height=\"278\" width=\"100%\" height=\"auto\"/><span>Figure 3: Apple peers key valuation metrics selected by Stock Rover.</span></p><p>Starting with P/E, in the sixth column, notice how AAPL’s 27.6 times is actually much lower than NVIDIA’s 46.1 and Adobe’s 40.1 times, for example. Part of the reason for AAPL’s more de-risked valuation is the growth profile: while the Cupertino company is expected to increase EPS by 6% next year, NVIDIA and Adobe should deliver growth of 17% instead.</p><p>The only companies on the list with substantially lower P/E vs. Apple are Intel and Cisco, possibly Broadcom. But considering these companies and their industries’ much less encouraging growth profile, it is understandable that these stocks would trade more cheaply.</p><p>Let’s look beyond P/E. On a price-to-FCF (free cash flow) basis, Apple’s 25.6 times multiple seems even cheaper compared to the peer group. Only Broadcom and Cisco, at about 16 times, look substantially more de-risked.</p><p>Apple’s cash flow-based valuation metrics look good because the Cupertino company is particularly competent at turning earnings into hard cash. Tight control of working capital and capex is probably what best supports the argument.</p><p>Lastly, notice how Apple looks quite overvalued on a price-to-book basis. A multiple of 46.1 times, in fact, is an eye sore compared to Salesforce.com’s 3.0 times and Intel’s 1.4 times.</p><p>But here, the metric is deceivingly distorted. Because Apple buys so many of its shares via stock buybacks, the company’s equity size has been shrinking quickly over the years – which is not a bad thing at all. Since equity is the denominator in the P/B ratio, the multiple understandably looks too rich, on the surface.</p><p><b>My views on AAPL’s valuation</b></p><p>I still believe that Apple’s valuations are far from being a bargain. But at the same time, once I look at the peer group comparison, I find it hard to side with the bears as well. To me, AAPL’s P/E is fair and consistent with the robust business fundamentals of the company.</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>Apple Stock: Is It Overvalued?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Is It Overvalued?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 15:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/is-apple-stock-overvalued-what-the-peer-comparison-says><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the main pillars of the bearish thesis on Apple stock is the rich valuation. But compared to the peer group, maybe AAPL is not so pricey after all.Apple stock is considered a buy by the ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/is-apple-stock-overvalued-what-the-peer-comparison-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/is-apple-stock-overvalued-what-the-peer-comparison-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155224332","content_text":"One of the main pillars of the bearish thesis on Apple stock is the rich valuation. But compared to the peer group, maybe AAPL is not so pricey after all.Apple stock is considered a buy by the majority of analysts that cover the name. According to TipRanks, more than 80% of Wall Street experts think that owning shares is a good idea, while only one analyst has a sell rating on the stock.Among skeptics, one of the main arguments against owning AAPL is the elevated P/E ratio. But a closer look at the peer comparison suggests that Apple stock may be more affordable than many seem to believe.Figure 1: Is Apple Stock Overvalued? What The Peer Comparison SaysApple’s valuations: fair, too rich, or a bargain?The following graph probably explains why so many value investors are cautious about Apple stock today. Notice what has happened to AAPL’s price-to-earnings (or P/E) ratio over the past 10 years:Figure 2: Apple's valuation.Starting a couple of years after the launch of the original iPad, Apple’s P/E fluctuated between 10 and 20 times for a few years. Then, beginning in 2019, the valuation multiple skyrocketed to as high as 44 times early last year, settling now to just below 30 times.The multiple expansion happened for a few reasons, the most relevant of which was probably Apple’s business model shift to higher-margin and more predictable services. The post-iPhone X success of Apple’s smartphone segment, along with the company’s generous cash return policy, probably helped too.But tech companies, especially those in high growth stages of their lifecycles or whose “moats” are considered wide, tend to command high P/Es. Take a look at the following table comparing some of Apple’s key valuation metrics with those of peers selected by Stock Rover:Figure 3: Apple peers key valuation metrics selected by Stock Rover.Starting with P/E, in the sixth column, notice how AAPL’s 27.6 times is actually much lower than NVIDIA’s 46.1 and Adobe’s 40.1 times, for example. Part of the reason for AAPL’s more de-risked valuation is the growth profile: while the Cupertino company is expected to increase EPS by 6% next year, NVIDIA and Adobe should deliver growth of 17% instead.The only companies on the list with substantially lower P/E vs. Apple are Intel and Cisco, possibly Broadcom. But considering these companies and their industries’ much less encouraging growth profile, it is understandable that these stocks would trade more cheaply.Let’s look beyond P/E. On a price-to-FCF (free cash flow) basis, Apple’s 25.6 times multiple seems even cheaper compared to the peer group. Only Broadcom and Cisco, at about 16 times, look substantially more de-risked.Apple’s cash flow-based valuation metrics look good because the Cupertino company is particularly competent at turning earnings into hard cash. Tight control of working capital and capex is probably what best supports the argument.Lastly, notice how Apple looks quite overvalued on a price-to-book basis. A multiple of 46.1 times, in fact, is an eye sore compared to Salesforce.com’s 3.0 times and Intel’s 1.4 times.But here, the metric is deceivingly distorted. Because Apple buys so many of its shares via stock buybacks, the company’s equity size has been shrinking quickly over the years – which is not a bad thing at all. Since equity is the denominator in the P/B ratio, the multiple understandably looks too rich, on the surface.My views on AAPL’s valuationI still believe that Apple’s valuations are far from being a bargain. But at the same time, once I look at the peer group comparison, I find it hard to side with the bears as well. To me, AAPL’s P/E is fair and consistent with the robust business fundamentals of the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9071745101,"gmtCreate":1657589088003,"gmtModify":1676536030845,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"PC going the way of dinosaur?&nbsp;","listText":"PC going the way of dinosaur?&nbsp;","text":"PC going the way of dinosaur?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071745101","repostId":"2250596737","repostType":4,"repost":{"id":"2250596737","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":1657587574,"share":"https://ttm.financial/m/news/2250596737?lang=&edition=fundamental","pubTime":"2022-07-12 08:59","market":"us","language":"en","title":"PC Industry Suffered Worst Decline in Years, but How Bad It Is Depends on Apple","url":"https://stock-news.laohu8.com/highlight/detail?id=2250596737","media":"Dow Jones","summary":"Personal-computer shipments suffered their sharpest year-over-year decline in years last quarter, bu","content":"<html><head></head><body><p>Personal-computer shipments suffered their sharpest year-over-year decline in years last quarter, but how many years depends on the performance of Apple Inc.</p><p>On Monday, research firms International Data Group and Gartner both released estimates of world-wide second-quarter PC shipments, and both show a double-digit percentage decline back to levels from before the COVID-19 pandemic launched a boom in computer sales. While Gartner characterized the drop as the &#34;sharpest decline in nine years,&#34; IDC told MarketWatch that &#34;from a growth rate perspective,&#34; it&#39;s the worst drop their analysts have tracked since they started covering the PC market in the mid-1990s.</p><p>IDC reported that shipments dropped 15.3% to 71.3 million, the second quarterly decline in a row and a deeper drop than the single-digit one seen in the first quarter, with an analyst saying that that consumer demand &#34;is at risk of perishing in the long term.&#34; Gartner reported that shipments fell 12.6% from last year to 72 million.</p><p>The discrepancy lies in Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>: Gartner estimates Apple shipments rose 9.3% to 6.4 million units, but IDC tracked a 22.5% decline to 4.8 million units. Gartner Research Director Mikako Kitagawa told MarketWatch she could not speak for IDC&#39;s figures, but she said the firms have different historical numbers that affect growth and decline rates, and that her estimates &#34;count all Mac devices,&#34; based on the assumed &#34;steady refresh demands of M1 Mac, which was accelerated by the business users.&#34;</p><p>See also: Mac renaissance shows Apple winning &#39;in a market where everyone counted them out&#39;</p><p>IDC&#39;s Mobile Device Trackers research manager Jitesh Ubrani also told MarketWatch he could not comment on Gartner&#39;s research or methodology, but offered some more color.</p><p>&#34;What I will say is that based on IDC&#39;s research, we heard that Apple was targeting higher volumes 2Q but due to lockdowns and worsening logistics their volume was below target and our preliminary research landed us at the 4.8M,&#34; Ubrani told MarketWatch in emailed comments. &#34;June in particular was a bad month as volumes dipped below targets.&#34;</p><p>The firms agreed that the decline was relatively broad-based, blaming persistent supply-chain issues, China&#39;s COVID lockdowns and macroeconomic headwinds, with the biggest declines in shipments coming from U.S. heavyweight HP Inc. <a href=\"https://laohu8.com/S/HPQ\">$(HPQ)$</a></p><p>&#34;Fears over a recession continue to mount and weaken demand across segments,&#34; Ubrani said in a statement.</p><p>&#34;Consumer demand for PCs has weakened in the near term and is at risk of perishing in the long term as consumers become more cautious about their spending and once again grow accustomed to computing across device types such as phones and tablets,&#34; Ubrani said. &#34;Meanwhile, commercial demand has been more robust although it has also declined as businesses delay purchases.&#34;</p><p>&#34;The decline we saw in the first quarter of 2022 has accelerated in the second quarter, driven by the ongoing geopolitical instability caused by the Russian Invasion of Ukraine, inflationary pressure on spending and a steep downturn in demand for Chromebooks,&#34; Gartner&#39;s Kitagawa in a statement.</p><p>&#34;Supply chain disruptions also continued, but the major cause of PC delivery delays changed from component shortages to logistics disruptions,&#34; Kitagawa said. &#34;Enterprise buyers continued to experience longer PC delivery times than usual, but the lead times began to improve by the end of the second quarter, partially because key cities in China reopened in the middle of the quarter.&#34;</p><p>IDC said this year&#39;s second-quarter sales are similar to those at the beginning of the COVID-19 pandemic, when volumes for the second quarter of 2020 were 74.3 million, IDC said. PC sales boomed during the first two years of the pandemic as consumers and businesses stocked up to work from home and use videoconferencing software such as <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc(ZM) that taxed older computers.</p><p>China&#39;s Lenovo Group Ltd.  led the pack in shipments, according to IDC tabulations, with shipments declining 12.1% to 17.5 million units, as HP shipments dropped 27.6% to 13.5 million units. Dell Technologies Inc.&#39;s <a href=\"https://laohu8.com/S/DELL\">$(DELL)$</a> shipments declined 5.3% to 13.2 million units, while <a href=\"https://laohu8.com/S/ASIYF\">Acer Inc.</a>&#39;s  shipments dropped 19.2% to 5 million units. Apple and Asustek Computer Inc.  tied for a &#34;statistical&#34; fifth place, IDC said.</p><p>Gartner reported that Lenovo shipments fell 12.5% to 17.9 million units, HP shipments dropped 27.5% to 13.5 million units, and Dell shipments declined 5.2% to 13.3 million units. Gartner also said that Acer shipments fell 18.7% to 5.1 million units, and Asustek shipments fell 4.3% to 4.7 million units.</p><p>There don&#39;t seem to be any signs of improvement, Citi Research analyst Christopher Danley said in a Monday note. While June notebook shipments were up 31% month-over-month, that was below his expectation of a 40% rise.</p><p>&#34;We expect PC demand to continue to decline throughout 2022 in to 2023,&#34; Danley said. The analyst reiterated his neutral ratings both on Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> and Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD.AU\">$(AMD.AU)$</a> although Intel appears more at risk when it comes to a PC downturn.</p><p>Danley said that while AMD derives about 35% of its revenue from the PC industry, 90% of Intel&#39;s sales come from PC and server segments.</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>PC Industry Suffered Worst Decline in Years, but How Bad It Is Depends on Apple</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\">\nPC Industry Suffered Worst Decline in Years, but How Bad It Is Depends on Apple\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\">2022-07-12 08:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Personal-computer shipments suffered their sharpest year-over-year decline in years last quarter, but how many years depends on the performance of Apple Inc.</p><p>On Monday, research firms International Data Group and Gartner both released estimates of world-wide second-quarter PC shipments, and both show a double-digit percentage decline back to levels from before the COVID-19 pandemic launched a boom in computer sales. While Gartner characterized the drop as the &#34;sharpest decline in nine years,&#34; IDC told MarketWatch that &#34;from a growth rate perspective,&#34; it&#39;s the worst drop their analysts have tracked since they started covering the PC market in the mid-1990s.</p><p>IDC reported that shipments dropped 15.3% to 71.3 million, the second quarterly decline in a row and a deeper drop than the single-digit one seen in the first quarter, with an analyst saying that that consumer demand &#34;is at risk of perishing in the long term.&#34; Gartner reported that shipments fell 12.6% from last year to 72 million.</p><p>The discrepancy lies in Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>: Gartner estimates Apple shipments rose 9.3% to 6.4 million units, but IDC tracked a 22.5% decline to 4.8 million units. Gartner Research Director Mikako Kitagawa told MarketWatch she could not speak for IDC&#39;s figures, but she said the firms have different historical numbers that affect growth and decline rates, and that her estimates &#34;count all Mac devices,&#34; based on the assumed &#34;steady refresh demands of M1 Mac, which was accelerated by the business users.&#34;</p><p>See also: Mac renaissance shows Apple winning &#39;in a market where everyone counted them out&#39;</p><p>IDC&#39;s Mobile Device Trackers research manager Jitesh Ubrani also told MarketWatch he could not comment on Gartner&#39;s research or methodology, but offered some more color.</p><p>&#34;What I will say is that based on IDC&#39;s research, we heard that Apple was targeting higher volumes 2Q but due to lockdowns and worsening logistics their volume was below target and our preliminary research landed us at the 4.8M,&#34; Ubrani told MarketWatch in emailed comments. &#34;June in particular was a bad month as volumes dipped below targets.&#34;</p><p>The firms agreed that the decline was relatively broad-based, blaming persistent supply-chain issues, China&#39;s COVID lockdowns and macroeconomic headwinds, with the biggest declines in shipments coming from U.S. heavyweight HP Inc. <a href=\"https://laohu8.com/S/HPQ\">$(HPQ)$</a></p><p>&#34;Fears over a recession continue to mount and weaken demand across segments,&#34; Ubrani said in a statement.</p><p>&#34;Consumer demand for PCs has weakened in the near term and is at risk of perishing in the long term as consumers become more cautious about their spending and once again grow accustomed to computing across device types such as phones and tablets,&#34; Ubrani said. &#34;Meanwhile, commercial demand has been more robust although it has also declined as businesses delay purchases.&#34;</p><p>&#34;The decline we saw in the first quarter of 2022 has accelerated in the second quarter, driven by the ongoing geopolitical instability caused by the Russian Invasion of Ukraine, inflationary pressure on spending and a steep downturn in demand for Chromebooks,&#34; Gartner&#39;s Kitagawa in a statement.</p><p>&#34;Supply chain disruptions also continued, but the major cause of PC delivery delays changed from component shortages to logistics disruptions,&#34; Kitagawa said. &#34;Enterprise buyers continued to experience longer PC delivery times than usual, but the lead times began to improve by the end of the second quarter, partially because key cities in China reopened in the middle of the quarter.&#34;</p><p>IDC said this year&#39;s second-quarter sales are similar to those at the beginning of the COVID-19 pandemic, when volumes for the second quarter of 2020 were 74.3 million, IDC said. PC sales boomed during the first two years of the pandemic as consumers and businesses stocked up to work from home and use videoconferencing software such as <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc(ZM) that taxed older computers.</p><p>China&#39;s Lenovo Group Ltd.  led the pack in shipments, according to IDC tabulations, with shipments declining 12.1% to 17.5 million units, as HP shipments dropped 27.6% to 13.5 million units. Dell Technologies Inc.&#39;s <a href=\"https://laohu8.com/S/DELL\">$(DELL)$</a> shipments declined 5.3% to 13.2 million units, while <a href=\"https://laohu8.com/S/ASIYF\">Acer Inc.</a>&#39;s  shipments dropped 19.2% to 5 million units. Apple and Asustek Computer Inc.  tied for a &#34;statistical&#34; fifth place, IDC said.</p><p>Gartner reported that Lenovo shipments fell 12.5% to 17.9 million units, HP shipments dropped 27.5% to 13.5 million units, and Dell shipments declined 5.2% to 13.3 million units. Gartner also said that Acer shipments fell 18.7% to 5.1 million units, and Asustek shipments fell 4.3% to 4.7 million units.</p><p>There don&#39;t seem to be any signs of improvement, Citi Research analyst Christopher Danley said in a Monday note. While June notebook shipments were up 31% month-over-month, that was below his expectation of a 40% rise.</p><p>&#34;We expect PC demand to continue to decline throughout 2022 in to 2023,&#34; Danley said. The analyst reiterated his neutral ratings both on Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> and Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD.AU\">$(AMD.AU)$</a> although Intel appears more at risk when it comes to a PC downturn.</p><p>Danley said that while AMD derives about 35% of its revenue from the PC industry, 90% of Intel&#39;s sales come from PC and server segments.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4575":"芯片概念","BK4170":"电脑硬件、储存设备及电脑周边","BK4559":"巴菲特持仓","BK4579":"人工智能","BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4554":"元宇宙及AR概念","BK4574":"无人驾驶","BK4573":"虚拟现实","BK4501":"段永平概念","HPQ":"惠普","BK4515":"5G概念","BK4505":"高瓴资本持仓","BK4527":"明星科技股","BK4550":"红杉资本持仓","BK4576":"AR","BK4532":"文艺复兴科技持仓","BK4566":"资本集团","BK4534":"瑞士信贷持仓","BK4512":"苹果概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4571":"数字音乐概念","BK4581":"高盛持仓","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2250596737","content_text":"Personal-computer shipments suffered their sharpest year-over-year decline in years last quarter, but how many years depends on the performance of Apple Inc.On Monday, research firms International Data Group and Gartner both released estimates of world-wide second-quarter PC shipments, and both show a double-digit percentage decline back to levels from before the COVID-19 pandemic launched a boom in computer sales. While Gartner characterized the drop as the \"sharpest decline in nine years,\" IDC told MarketWatch that \"from a growth rate perspective,\" it's the worst drop their analysts have tracked since they started covering the PC market in the mid-1990s.IDC reported that shipments dropped 15.3% to 71.3 million, the second quarterly decline in a row and a deeper drop than the single-digit one seen in the first quarter, with an analyst saying that that consumer demand \"is at risk of perishing in the long term.\" Gartner reported that shipments fell 12.6% from last year to 72 million.The discrepancy lies in Apple $(AAPL)$: Gartner estimates Apple shipments rose 9.3% to 6.4 million units, but IDC tracked a 22.5% decline to 4.8 million units. Gartner Research Director Mikako Kitagawa told MarketWatch she could not speak for IDC's figures, but she said the firms have different historical numbers that affect growth and decline rates, and that her estimates \"count all Mac devices,\" based on the assumed \"steady refresh demands of M1 Mac, which was accelerated by the business users.\"See also: Mac renaissance shows Apple winning 'in a market where everyone counted them out'IDC's Mobile Device Trackers research manager Jitesh Ubrani also told MarketWatch he could not comment on Gartner's research or methodology, but offered some more color.\"What I will say is that based on IDC's research, we heard that Apple was targeting higher volumes 2Q but due to lockdowns and worsening logistics their volume was below target and our preliminary research landed us at the 4.8M,\" Ubrani told MarketWatch in emailed comments. \"June in particular was a bad month as volumes dipped below targets.\"The firms agreed that the decline was relatively broad-based, blaming persistent supply-chain issues, China's COVID lockdowns and macroeconomic headwinds, with the biggest declines in shipments coming from U.S. heavyweight HP Inc. $(HPQ)$\"Fears over a recession continue to mount and weaken demand across segments,\" Ubrani said in a statement.\"Consumer demand for PCs has weakened in the near term and is at risk of perishing in the long term as consumers become more cautious about their spending and once again grow accustomed to computing across device types such as phones and tablets,\" Ubrani said. \"Meanwhile, commercial demand has been more robust although it has also declined as businesses delay purchases.\"\"The decline we saw in the first quarter of 2022 has accelerated in the second quarter, driven by the ongoing geopolitical instability caused by the Russian Invasion of Ukraine, inflationary pressure on spending and a steep downturn in demand for Chromebooks,\" Gartner's Kitagawa in a statement.\"Supply chain disruptions also continued, but the major cause of PC delivery delays changed from component shortages to logistics disruptions,\" Kitagawa said. \"Enterprise buyers continued to experience longer PC delivery times than usual, but the lead times began to improve by the end of the second quarter, partially because key cities in China reopened in the middle of the quarter.\"IDC said this year's second-quarter sales are similar to those at the beginning of the COVID-19 pandemic, when volumes for the second quarter of 2020 were 74.3 million, IDC said. PC sales boomed during the first two years of the pandemic as consumers and businesses stocked up to work from home and use videoconferencing software such as Zoom Video Communications Inc(ZM) that taxed older computers.China's Lenovo Group Ltd.  led the pack in shipments, according to IDC tabulations, with shipments declining 12.1% to 17.5 million units, as HP shipments dropped 27.6% to 13.5 million units. Dell Technologies Inc.'s $(DELL)$ shipments declined 5.3% to 13.2 million units, while Acer Inc.'s  shipments dropped 19.2% to 5 million units. Apple and Asustek Computer Inc.  tied for a \"statistical\" fifth place, IDC said.Gartner reported that Lenovo shipments fell 12.5% to 17.9 million units, HP shipments dropped 27.5% to 13.5 million units, and Dell shipments declined 5.2% to 13.3 million units. Gartner also said that Acer shipments fell 18.7% to 5.1 million units, and Asustek shipments fell 4.3% to 4.7 million units.There don't seem to be any signs of improvement, Citi Research analyst Christopher Danley said in a Monday note. While June notebook shipments were up 31% month-over-month, that was below his expectation of a 40% rise.\"We expect PC demand to continue to decline throughout 2022 in to 2023,\" Danley said. The analyst reiterated his neutral ratings both on Intel Corp. $(INTC)$ and Advanced Micro Devices Inc. $(AMD.AU)$ although Intel appears more at risk when it comes to a PC downturn.Danley said that while AMD derives about 35% of its revenue from the PC industry, 90% of Intel's sales come from PC and server segments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4103864033944460","authorId":"4103864033944460","name":"PaperPlay","avatar":"https://community-static.tradeup.com/news/f9bd8cbd182d6cb24667a31115671409","crmLevel":4,"crmLevelSwitch":0,"idStr":"4103864033944460","authorIdStr":"4103864033944460"},"content":"Never say never","text":"Never say never","html":"Never say never"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934714841,"gmtCreate":1663300128683,"gmtModify":1676537247932,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Buy now AND wait","listText":"Buy now AND wait","text":"Buy now AND wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9934714841","repostId":"2267657881","repostType":4,"repost":{"id":"2267657881","pubTimestamp":1663296968,"share":"https://ttm.financial/m/news/2267657881?lang=&edition=fundamental","pubTime":"2022-09-16 10:56","market":"us","language":"en","title":"Should You Buy Stocks Now Or Wait? Here’s Warren Buffett’s Advice","url":"https://stock-news.laohu8.com/highlight/detail?id=2267657881","media":"MotleyFool","summary":"Stock market investors have had a tough time so far this year. Major market benchmarks are sharply l","content":"<html><head></head><body><p>Stock market investors have had a tough time so far this year. Major market benchmarks are sharply lower from where they started the year, and every time Wall Street seems to have regained its footing, some new concern sends stocks reeling once again.</p><p>For those with money to invest, falling markets pose a conundrum. On one hand, share prices for thousands of stocks are much more attractive than they were a year ago, so if you still believe that a company&#39;s business will succeed in the long run, getting to invest in more shares at lower prices is a bargain opportunity. On the other hand, nobody wants to buy a stock only to see it continue to lose ground.</p><p>So should you buy stocks now, or wait for some future sign? To get some insight on that question, it&#39;s helpful to turn to the words of legendary investor Warren Buffett. The <b>Berkshire Hathaway </b>(NYSE: BRK.A) (NYSE: BRK.B) CEO has been through plenty of bear markets in his long investing career, and his long-term investing approach has paid off with market-crushing returns through thick and thin. Here&#39;s what Buffett has given as advice to those trying to decide whether to invest or wait in tough times.</p><h2>Buffett&#39;s advice for active investors</h2><p>Buffett has a couple of ideas for active investors that at first seem to be in conflict. When you think about it, though, the net takeaway is to be aggressive but selective in choosing stocks to buy during difficult market conditions.</p><p>Buffett&#39;s aggressive nature shines through in several statements. In the shareholder letter that came out in 2010, the Berkshire CEO wrote: &#34;Big opportunities come infrequently. When it&#39;s raining gold, reach for a bucket, not a thimble.&#34; That approach in the aftermath of the financial crisis proved to be quite timely, as the ensuing bull market lasted throughout the 2010s and was one of the most prosperous periods in stock market history. It also underscores his much more commonly cited aphorism, &#34;Be greedy when markets are fearful.&#34;</p><p>Yet Buffett&#39;s success has largely come from being selective with his investments. Fortunately, tough times offer great opportunities to see the truth about companies. As he noted in the shareholder letter that came out in 2002, &#34;You only find out who is swimming naked when the tide goes out.&#34; Even poorly run companies can do well in bull markets, but bear markets separate the wheat from the chaff.</p><p>Moreover, Buffett isn&#39;t hesitant to hold off on investments he&#39;s not completely confident about making. As he was quoted at the 1999 Berkshire shareholder meeting as saying: &#34;The stock market is a no-called-strike game. You don&#39;t have to swing at everything. You can wait for your pitch.&#34;</p><h2>Buffett&#39;s advice to less-active investors</h2><p>Not everyone wants to spend a lot of time figuring out which companies are most likely to outperform their peers. For those less-active investors, Buffett also has some simple advice: Dollar-cost average using index funds.</p><p>Here&#39;s specifically what Buffett told investors at Berkshire&#39;s 2004 annual shareholders&#39; meeting: &#34;If you accumulate a low-cost index fund over 10 years with fairly regular sums, I think you will probably do better than 90% of the people around you that take up investing at a similar time.&#34;</p><p>Fortunately, there are plenty of such investing vehicles available for those who don&#39;t want to dive into individual stocks. Tracking popular indexes like the <b>S&amp;P 500 </b>or even the entire universe of stocks is possible through mutual funds and exchange-traded funds, many of which charge 0.1% or less in annual expenses to investors.</p><h2>The right answer for you</h2><p>The most important attribute successful investors share is having an investing strategy. What that strategy looks like, though, can differ among investors without sacrificing the potential for success. Buffett clearly understands this, and it&#39;s why he acknowledges that different strategies will work better for different people.</p><p>In general, though, Buffett&#39;s a big believer in bucking market trends, taking advantage of bargain opportunities, and beating back your emotions. The times when you&#39;re likely most scared to invest have historically been the best times to get your money working the markets, and so even if you don&#39;t dive in right now, you won&#39;t want to wait too long before getting a solid investing plan in place.</p></body></html>","source":"motleyfoolau_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>Should You Buy Stocks Now Or Wait? Here’s Warren Buffett’s Advice</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\">\nShould You Buy Stocks Now Or Wait? Here’s Warren Buffett’s Advice\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-16 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/15/buy-stocks-now-or-wait-warren-buffett-advice/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock market investors have had a tough time so far this year. Major market benchmarks are sharply lower from where they started the year, and every time Wall Street seems to have regained its footing...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/15/buy-stocks-now-or-wait-warren-buffett-advice/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BRK.B":"伯克希尔B","BK4176":"多领域控股","BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2022/09/15/buy-stocks-now-or-wait-warren-buffett-advice/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267657881","content_text":"Stock market investors have had a tough time so far this year. Major market benchmarks are sharply lower from where they started the year, and every time Wall Street seems to have regained its footing, some new concern sends stocks reeling once again.For those with money to invest, falling markets pose a conundrum. On one hand, share prices for thousands of stocks are much more attractive than they were a year ago, so if you still believe that a company's business will succeed in the long run, getting to invest in more shares at lower prices is a bargain opportunity. On the other hand, nobody wants to buy a stock only to see it continue to lose ground.So should you buy stocks now, or wait for some future sign? To get some insight on that question, it's helpful to turn to the words of legendary investor Warren Buffett. The Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO has been through plenty of bear markets in his long investing career, and his long-term investing approach has paid off with market-crushing returns through thick and thin. Here's what Buffett has given as advice to those trying to decide whether to invest or wait in tough times.Buffett's advice for active investorsBuffett has a couple of ideas for active investors that at first seem to be in conflict. When you think about it, though, the net takeaway is to be aggressive but selective in choosing stocks to buy during difficult market conditions.Buffett's aggressive nature shines through in several statements. In the shareholder letter that came out in 2010, the Berkshire CEO wrote: \"Big opportunities come infrequently. When it's raining gold, reach for a bucket, not a thimble.\" That approach in the aftermath of the financial crisis proved to be quite timely, as the ensuing bull market lasted throughout the 2010s and was one of the most prosperous periods in stock market history. It also underscores his much more commonly cited aphorism, \"Be greedy when markets are fearful.\"Yet Buffett's success has largely come from being selective with his investments. Fortunately, tough times offer great opportunities to see the truth about companies. As he noted in the shareholder letter that came out in 2002, \"You only find out who is swimming naked when the tide goes out.\" Even poorly run companies can do well in bull markets, but bear markets separate the wheat from the chaff.Moreover, Buffett isn't hesitant to hold off on investments he's not completely confident about making. As he was quoted at the 1999 Berkshire shareholder meeting as saying: \"The stock market is a no-called-strike game. You don't have to swing at everything. You can wait for your pitch.\"Buffett's advice to less-active investorsNot everyone wants to spend a lot of time figuring out which companies are most likely to outperform their peers. For those less-active investors, Buffett also has some simple advice: Dollar-cost average using index funds.Here's specifically what Buffett told investors at Berkshire's 2004 annual shareholders' meeting: \"If you accumulate a low-cost index fund over 10 years with fairly regular sums, I think you will probably do better than 90% of the people around you that take up investing at a similar time.\"Fortunately, there are plenty of such investing vehicles available for those who don't want to dive into individual stocks. Tracking popular indexes like the S&P 500 or even the entire universe of stocks is possible through mutual funds and exchange-traded funds, many of which charge 0.1% or less in annual expenses to investors.The right answer for youThe most important attribute successful investors share is having an investing strategy. What that strategy looks like, though, can differ among investors without sacrificing the potential for success. Buffett clearly understands this, and it's why he acknowledges that different strategies will work better for different people.In general, though, Buffett's a big believer in bucking market trends, taking advantage of bargain opportunities, and beating back your emotions. The times when you're likely most scared to invest have historically been the best times to get your money working the markets, and so even if you don't dive in right now, you won't want to wait too long before getting a solid investing plan in place.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939528826,"gmtCreate":1662134793165,"gmtModify":1676537005772,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Inflation is here to stay...&nbsp;","listText":"Inflation is here to stay...&nbsp;","text":"Inflation is here to stay...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9939528826","repostId":"1150975576","repostType":4,"repost":{"id":"1150975576","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":1662131385,"share":"https://ttm.financial/m/news/1150975576?lang=&edition=fundamental","pubTime":"2022-09-02 23:09","market":"us","language":"en","title":"Fed's Job-Friendly “Soft Landing” Hinges on History Not Repeating","url":"https://stock-news.laohu8.com/highlight/detail?id=1150975576","media":"Reuters","summary":"(Reuters) - Federal Reserve officials have acknowledged that the battle against inflation will be pa","content":"<html><head></head><body><p>(Reuters) - Federal Reserve officials have acknowledged that the battle against inflation will be paid for with lost jobs, and the U.S. central bank will need an unlikely combination of events to keep those losses to a minimum as interest rates continue to rise.</p><p>Economists assessing the trade-off facing the Fed estimate U.S. employment could drop by anywhere from a few hundred thousand positions to as many as several million before the Fed fixes the worst outbreak of inflation in 40 years.</p><p>The final tally will depend on how closely the economy follows patterns seen in recent decades, to what extent things like improved global supply chains help lower inflation, and how strict the Fed is in enforcing its 2% inflation goal.</p><p>With the central bank&#39;s preferred inflation measure currently increasing at a more than a 6% annual rate, Joe Brusuelas, chief U.S. economist at RSM, a U.S.-based consulting firm, estimates it would take 5.3 million lost jobs and an unemployment rate of 6.7%, substantially above the 3.7% seen in August, to lower inflation to 2%.</p><p>&#34;Can the Fed achieve a pure soft landing? ... Probably not,&#34; Brusuelas said, referring to a scenario in which monetary tightening slows the economy, and inflation, without triggering a recession. &#34;It is difficult to envision a benign outcome.&#34;</p><p>Data on August jobs, released Friday, gave the Fed a bit of a reprieve. U.S. firms added 315,000 jobs in August, a slowing from the blow-out half-million jobs added in July and a sign that some of the economy&#39;s post-pandemic excesses may be moderating without giving way altogether.</p><p>In addition, the number of people in the labor force surged by nearly 800,000 to a new record high - a dynamic Fed officials have been banking on to ease wage pressures over time. Because many of those new entrants had yet to find a job, the unemployment rate rose to 3.7% from 3.5%, an increase Fed officials are likely to see as constructive since it indicates a greater supply of people willing to take jobs if offered.</p><p>Fed officials hope the burden of fighting inflation falls less on employment than other parts of the economy, even as for months they&#39;ve bemoaned the labor market&#39;s current state as unsustainable.</p><p>The August jobs report did not ease all those concerns. Average hourly earnings continued to increase at a 5.2% year- over-year pace, the same as the month before.</p><p>Fed officials feel that needs to slow, with Cleveland Fed President Loretta Mester saying this week she feltwage growth would &#34;need to moderate to around 3.25% to 3.5% to be consistent with price stability.&#34;</p><h3>&#39;UNPRECEDENTED&#39;</h3><p>Fed officials have been less specific about what will bring things into balance, with some of the working ideas requiring U.S. job markets to act differently than they have in the past.</p><p>Fed Governor Christopher Waller has pointed to the Beveridge Curve, which plots the relationship between job openings and the unemployment rate, to argue that the labor market could behave differently this time.</p><p>The current ratio of two job openings for each unemployed person is a record high. Typically when the job vacancy rate falls, the unemployment rate rises as it becomes harder for job seekers to find a match. But Waller argues the Beveridge Curve changed during the pandemic, and is in a place now that would allow job openings to fall sharply as the economy slows, relieving pressure on wages and prices, without much of a rise in unemployment.</p><p>&#34;We recognize that it would be unprecedented for vacancies to decline by a large amount without the economy falling into recession...We are, in effect, saying that something unprecedented can occur because the labor market is in an unprecedented situation,&#34; Waller wrote in a research note published by the Fed in late July.</p><p>Other soft-landing narratives also hang on history not repeating.</p><h3>HELPING HAND</h3><p>In June, for example, the median estimate among Fed officials was for unemployment to rise somewhat - but only to about 4.1% by the end of 2024, a slow and limited climb.</p><p>Updated projections are due to be released at the end of the Fed&#39;s policy meeting on September 20-21. If, as expected, those projections show higher unemployment, the chances for a soft landing will confront an unpleasant historical fact: Once the U.S. unemployment rate increases beyond a certain amount, it tends to keep rising.</p><p>Since at least the late 1940s, even modest increases of half a percentage point in the unemployment rate from a year earlier - the magnitude of increase Fed officials have begun to hint at - have tended to spiral to jumps of 2 percentage points or more.</p><p>At the current labor force level of 164.7 million, that would translate into around 3.3 million fewer people employed - below some estimates but still high.</p><p>&#34;Usually, once the labor market gets going downhill, it picks up speed and it goes,&#34; said Claudia Sahm, a former Fed economist and founder of Sahm Consulting.</p><p>As a Fed economist, she developed the eponymous &#34;Sahm Rule,&#34; which says that once the three-month average unemployment rate rises half a percentage point from its recent low, the economy is already in recession. Given the oddities of the pandemic-era labor market, however, she&#39;s open to an exception this time.</p><p>Sahm&#39;s baseline is for a rise in the unemployment rate to around 4%, which would translate into a loss of fewer than a million jobs, but for the economy to avoid a recession.</p><p>A lot would have to go right to get that outcome.</p><p>The August jobs report shows how it could work: An unemployment rate driven higher by more people joining the labor force rather than by the rounds of layoffs seen during a recession.</p><p>The best outcome for the Fed &#34;hinges on supply chains healing, more people coming back into the workforce, more price sensitivity by consumers,&#34; Sahm said. &#34;It&#39;s a normalization of the economy.&#34;</p><p>If that doesn&#39;t happen, and labor market pain increases, the Fed would have options, including raising the inflation target from the current 2%. Brusuelas estimates that getting to a 3% inflation rate would cost 3.6 million fewer jobs than insisting on hitting the current target, with the unemployment rate rising by just over one percentage point from the current level.</p><p>So far, that&#39;s not a conversation the Fed wants to have.</p><p>&#34;We&#39;ve communicated over and over and over again our commitment to achieve that 2% goal,&#34; New York Fed President John Williams told the Wall Street Journal this week. &#34;I think it&#39;ll take a few years, but there&#39;s no confusion ... We&#39;re absolutely committed to doing it.&#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>Fed's Job-Friendly “Soft Landing” Hinges on History Not Repeating</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\">\nFed's Job-Friendly “Soft Landing” Hinges on History Not Repeating\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-02 23:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Federal Reserve officials have acknowledged that the battle against inflation will be paid for with lost jobs, and the U.S. central bank will need an unlikely combination of events to keep those losses to a minimum as interest rates continue to rise.</p><p>Economists assessing the trade-off facing the Fed estimate U.S. employment could drop by anywhere from a few hundred thousand positions to as many as several million before the Fed fixes the worst outbreak of inflation in 40 years.</p><p>The final tally will depend on how closely the economy follows patterns seen in recent decades, to what extent things like improved global supply chains help lower inflation, and how strict the Fed is in enforcing its 2% inflation goal.</p><p>With the central bank&#39;s preferred inflation measure currently increasing at a more than a 6% annual rate, Joe Brusuelas, chief U.S. economist at RSM, a U.S.-based consulting firm, estimates it would take 5.3 million lost jobs and an unemployment rate of 6.7%, substantially above the 3.7% seen in August, to lower inflation to 2%.</p><p>&#34;Can the Fed achieve a pure soft landing? ... Probably not,&#34; Brusuelas said, referring to a scenario in which monetary tightening slows the economy, and inflation, without triggering a recession. &#34;It is difficult to envision a benign outcome.&#34;</p><p>Data on August jobs, released Friday, gave the Fed a bit of a reprieve. U.S. firms added 315,000 jobs in August, a slowing from the blow-out half-million jobs added in July and a sign that some of the economy&#39;s post-pandemic excesses may be moderating without giving way altogether.</p><p>In addition, the number of people in the labor force surged by nearly 800,000 to a new record high - a dynamic Fed officials have been banking on to ease wage pressures over time. Because many of those new entrants had yet to find a job, the unemployment rate rose to 3.7% from 3.5%, an increase Fed officials are likely to see as constructive since it indicates a greater supply of people willing to take jobs if offered.</p><p>Fed officials hope the burden of fighting inflation falls less on employment than other parts of the economy, even as for months they&#39;ve bemoaned the labor market&#39;s current state as unsustainable.</p><p>The August jobs report did not ease all those concerns. Average hourly earnings continued to increase at a 5.2% year- over-year pace, the same as the month before.</p><p>Fed officials feel that needs to slow, with Cleveland Fed President Loretta Mester saying this week she feltwage growth would &#34;need to moderate to around 3.25% to 3.5% to be consistent with price stability.&#34;</p><h3>&#39;UNPRECEDENTED&#39;</h3><p>Fed officials have been less specific about what will bring things into balance, with some of the working ideas requiring U.S. job markets to act differently than they have in the past.</p><p>Fed Governor Christopher Waller has pointed to the Beveridge Curve, which plots the relationship between job openings and the unemployment rate, to argue that the labor market could behave differently this time.</p><p>The current ratio of two job openings for each unemployed person is a record high. Typically when the job vacancy rate falls, the unemployment rate rises as it becomes harder for job seekers to find a match. But Waller argues the Beveridge Curve changed during the pandemic, and is in a place now that would allow job openings to fall sharply as the economy slows, relieving pressure on wages and prices, without much of a rise in unemployment.</p><p>&#34;We recognize that it would be unprecedented for vacancies to decline by a large amount without the economy falling into recession...We are, in effect, saying that something unprecedented can occur because the labor market is in an unprecedented situation,&#34; Waller wrote in a research note published by the Fed in late July.</p><p>Other soft-landing narratives also hang on history not repeating.</p><h3>HELPING HAND</h3><p>In June, for example, the median estimate among Fed officials was for unemployment to rise somewhat - but only to about 4.1% by the end of 2024, a slow and limited climb.</p><p>Updated projections are due to be released at the end of the Fed&#39;s policy meeting on September 20-21. If, as expected, those projections show higher unemployment, the chances for a soft landing will confront an unpleasant historical fact: Once the U.S. unemployment rate increases beyond a certain amount, it tends to keep rising.</p><p>Since at least the late 1940s, even modest increases of half a percentage point in the unemployment rate from a year earlier - the magnitude of increase Fed officials have begun to hint at - have tended to spiral to jumps of 2 percentage points or more.</p><p>At the current labor force level of 164.7 million, that would translate into around 3.3 million fewer people employed - below some estimates but still high.</p><p>&#34;Usually, once the labor market gets going downhill, it picks up speed and it goes,&#34; said Claudia Sahm, a former Fed economist and founder of Sahm Consulting.</p><p>As a Fed economist, she developed the eponymous &#34;Sahm Rule,&#34; which says that once the three-month average unemployment rate rises half a percentage point from its recent low, the economy is already in recession. Given the oddities of the pandemic-era labor market, however, she&#39;s open to an exception this time.</p><p>Sahm&#39;s baseline is for a rise in the unemployment rate to around 4%, which would translate into a loss of fewer than a million jobs, but for the economy to avoid a recession.</p><p>A lot would have to go right to get that outcome.</p><p>The August jobs report shows how it could work: An unemployment rate driven higher by more people joining the labor force rather than by the rounds of layoffs seen during a recession.</p><p>The best outcome for the Fed &#34;hinges on supply chains healing, more people coming back into the workforce, more price sensitivity by consumers,&#34; Sahm said. &#34;It&#39;s a normalization of the economy.&#34;</p><p>If that doesn&#39;t happen, and labor market pain increases, the Fed would have options, including raising the inflation target from the current 2%. Brusuelas estimates that getting to a 3% inflation rate would cost 3.6 million fewer jobs than insisting on hitting the current target, with the unemployment rate rising by just over one percentage point from the current level.</p><p>So far, that&#39;s not a conversation the Fed wants to have.</p><p>&#34;We&#39;ve communicated over and over and over again our commitment to achieve that 2% goal,&#34; New York Fed President John Williams told the Wall Street Journal this week. &#34;I think it&#39;ll take a few years, but there&#39;s no confusion ... We&#39;re absolutely committed to doing it.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150975576","content_text":"(Reuters) - Federal Reserve officials have acknowledged that the battle against inflation will be paid for with lost jobs, and the U.S. central bank will need an unlikely combination of events to keep those losses to a minimum as interest rates continue to rise.Economists assessing the trade-off facing the Fed estimate U.S. employment could drop by anywhere from a few hundred thousand positions to as many as several million before the Fed fixes the worst outbreak of inflation in 40 years.The final tally will depend on how closely the economy follows patterns seen in recent decades, to what extent things like improved global supply chains help lower inflation, and how strict the Fed is in enforcing its 2% inflation goal.With the central bank's preferred inflation measure currently increasing at a more than a 6% annual rate, Joe Brusuelas, chief U.S. economist at RSM, a U.S.-based consulting firm, estimates it would take 5.3 million lost jobs and an unemployment rate of 6.7%, substantially above the 3.7% seen in August, to lower inflation to 2%.\"Can the Fed achieve a pure soft landing? ... Probably not,\" Brusuelas said, referring to a scenario in which monetary tightening slows the economy, and inflation, without triggering a recession. \"It is difficult to envision a benign outcome.\"Data on August jobs, released Friday, gave the Fed a bit of a reprieve. U.S. firms added 315,000 jobs in August, a slowing from the blow-out half-million jobs added in July and a sign that some of the economy's post-pandemic excesses may be moderating without giving way altogether.In addition, the number of people in the labor force surged by nearly 800,000 to a new record high - a dynamic Fed officials have been banking on to ease wage pressures over time. Because many of those new entrants had yet to find a job, the unemployment rate rose to 3.7% from 3.5%, an increase Fed officials are likely to see as constructive since it indicates a greater supply of people willing to take jobs if offered.Fed officials hope the burden of fighting inflation falls less on employment than other parts of the economy, even as for months they've bemoaned the labor market's current state as unsustainable.The August jobs report did not ease all those concerns. Average hourly earnings continued to increase at a 5.2% year- over-year pace, the same as the month before.Fed officials feel that needs to slow, with Cleveland Fed President Loretta Mester saying this week she feltwage growth would \"need to moderate to around 3.25% to 3.5% to be consistent with price stability.\"'UNPRECEDENTED'Fed officials have been less specific about what will bring things into balance, with some of the working ideas requiring U.S. job markets to act differently than they have in the past.Fed Governor Christopher Waller has pointed to the Beveridge Curve, which plots the relationship between job openings and the unemployment rate, to argue that the labor market could behave differently this time.The current ratio of two job openings for each unemployed person is a record high. Typically when the job vacancy rate falls, the unemployment rate rises as it becomes harder for job seekers to find a match. But Waller argues the Beveridge Curve changed during the pandemic, and is in a place now that would allow job openings to fall sharply as the economy slows, relieving pressure on wages and prices, without much of a rise in unemployment.\"We recognize that it would be unprecedented for vacancies to decline by a large amount without the economy falling into recession...We are, in effect, saying that something unprecedented can occur because the labor market is in an unprecedented situation,\" Waller wrote in a research note published by the Fed in late July.Other soft-landing narratives also hang on history not repeating.HELPING HANDIn June, for example, the median estimate among Fed officials was for unemployment to rise somewhat - but only to about 4.1% by the end of 2024, a slow and limited climb.Updated projections are due to be released at the end of the Fed's policy meeting on September 20-21. If, as expected, those projections show higher unemployment, the chances for a soft landing will confront an unpleasant historical fact: Once the U.S. unemployment rate increases beyond a certain amount, it tends to keep rising.Since at least the late 1940s, even modest increases of half a percentage point in the unemployment rate from a year earlier - the magnitude of increase Fed officials have begun to hint at - have tended to spiral to jumps of 2 percentage points or more.At the current labor force level of 164.7 million, that would translate into around 3.3 million fewer people employed - below some estimates but still high.\"Usually, once the labor market gets going downhill, it picks up speed and it goes,\" said Claudia Sahm, a former Fed economist and founder of Sahm Consulting.As a Fed economist, she developed the eponymous \"Sahm Rule,\" which says that once the three-month average unemployment rate rises half a percentage point from its recent low, the economy is already in recession. Given the oddities of the pandemic-era labor market, however, she's open to an exception this time.Sahm's baseline is for a rise in the unemployment rate to around 4%, which would translate into a loss of fewer than a million jobs, but for the economy to avoid a recession.A lot would have to go right to get that outcome.The August jobs report shows how it could work: An unemployment rate driven higher by more people joining the labor force rather than by the rounds of layoffs seen during a recession.The best outcome for the Fed \"hinges on supply chains healing, more people coming back into the workforce, more price sensitivity by consumers,\" Sahm said. \"It's a normalization of the economy.\"If that doesn't happen, and labor market pain increases, the Fed would have options, including raising the inflation target from the current 2%. Brusuelas estimates that getting to a 3% inflation rate would cost 3.6 million fewer jobs than insisting on hitting the current target, with the unemployment rate rising by just over one percentage point from the current level.So far, that's not a conversation the Fed wants to have.\"We've communicated over and over and over again our commitment to achieve that 2% goal,\" New York Fed President John Williams told the Wall Street Journal this week. \"I think it'll take a few years, but there's no confusion ... We're absolutely committed to doing it.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4107015407846850","authorId":"4107015407846850","name":"FattAgain69","avatar":"https://community-static.tradeup.com/news/a4e3d511c15de9227ee9ebca3021f903","crmLevel":5,"crmLevelSwitch":0,"idStr":"4107015407846850","authorIdStr":"4107015407846850"},"content":"Inflation has been and will always be around. Only difference is whether it is under control.","text":"Inflation has been and will always be around. Only difference is whether it is under control.","html":"Inflation has been and will always be around. Only difference is whether it is under control."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938958729,"gmtCreate":1662548721962,"gmtModify":1676537085648,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ZM\">$Zoom(ZM)$</a>Should I buy for the long term?&nbsp;","listText":"<a href=\"https://ttm.financial/S/ZM\">$Zoom(ZM)$</a>Should I buy for the long term?&nbsp;","text":"$Zoom(ZM)$Should I buy for the long term?","images":[{"img":"https://community-static.tradeup.com/news/ef5f340313d87d59e19b202b123b1332","width":"1440","height":"2544"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/9938958729","isVote":1,"tweetType":1,"viewCount":697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9919868374,"gmtCreate":1663773363299,"gmtModify":1676537333822,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/5DD.SI\">$MICRO-MECHANICS (HOLDINGS) LTD(5DD.SI)$</a>is this a good stock in terms of growth?&nbsp;","listText":"<a href=\"https://ttm.financial/S/5DD.SI\">$MICRO-MECHANICS (HOLDINGS) LTD(5DD.SI)$</a>is this a good stock in terms of growth?&nbsp;","text":"$MICRO-MECHANICS (HOLDINGS) LTD(5DD.SI)$is this a good stock in terms of growth?","images":[{"img":"https://community-static.tradeup.com/news/44d31f4f344cb117645b9b86ebe2f6c0","width":"1440","height":"3715"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9919868374","isVote":1,"tweetType":1,"viewCount":1184,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580345914274193","authorId":"3580345914274193","name":"WT222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3580345914274193","authorIdStr":"3580345914274193"},"content":"I am holding this stock as I see the fundamentals are great. however I don't think now is a good time to buy semiconductor share tho [lovely]","text":"I am holding this stock as I see the fundamentals are great. however I don't think now is a good time to buy semiconductor share tho [lovely]","html":"I am holding this stock as I see the fundamentals are great. however I don't think now is a good time to buy semiconductor share tho [lovely]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9991376037,"gmtCreate":1660784898530,"gmtModify":1676536398845,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"All strong stocks to buy and hold.&nbsp;","listText":"All strong stocks to buy and hold.&nbsp;","text":"All strong stocks to buy and hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991376037","repostId":"1171736785","repostType":2,"repost":{"id":"1171736785","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":1660783916,"share":"https://ttm.financial/m/news/1171736785?lang=&edition=fundamental","pubTime":"2022-08-18 08:51","market":"sg","language":"en","title":"Singapore Stocks To Watch: SGX, OUE Commercial Reit, City Developments Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=1171736785","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Thursday","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Thursday (Aug 18):</p><p><a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>: Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator&#39;s push towards its derivatives product offerings amid a weak securities market.</p><p>Higher derivatives volumes for equities, currencies and commodities helped offset a weaker showing from cash equities and treasuries.</p><p>SGX&#39;s revenue from fixed income, currencies and commodities (FICC) increased 19% to S$252.7 million ($182.92 million), and contributed to nearly 23% of total revenues. It said total revenue increased 4% to a record S$1.10 billion.</p><p><a href=\"https://laohu8.com/S/TS0U.SI\">OUE Commercial Reit</a>: OUE Commercial real estate investment trust (C-Reit) successfully completed a S$978 million unsecured sustainability-linked loan to refinance existing secured borrowings.</p><p>The loan, syndicated by a consortium of 4 mandated lead arrangers and bookrunners – CIMB Bank Singapore, Maybank Singapore, OCBC and Standard Chartered - was 1.26 times oversubscribed and supported by 19 banks, the Reit manager announced in a press statement on Wednesday (Aug 17).</p><p>SEVERAL property-related groups posted strong results for the half year ended June. <a href=\"https://laohu8.com/S/C09.SI\">City Developments Limited</a> (CDL) achieved a record net profit of S$1.1 billion for H1 2022, reversing a net loss for H1 2021. CDL is paying a special interim dividend of S$0.12 per ordinary share.</p><p><a href=\"https://laohu8.com/S/S20.SI\">The Straits Trading Company</a> posted a 449 per cent year-on-year rise in H1 net profit to S$673 million. In the wake of its strong H1 results, the group declared a special dividend, distributing either ESR shares or Straits Trading shares to entitled shareholders.</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>Singapore Stocks To Watch: SGX, OUE Commercial Reit, City Developments Limited</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\">\nSingapore Stocks To Watch: SGX, OUE Commercial Reit, City Developments Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-18 08:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Thursday (Aug 18):</p><p><a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>: Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator&#39;s push towards its derivatives product offerings amid a weak securities market.</p><p>Higher derivatives volumes for equities, currencies and commodities helped offset a weaker showing from cash equities and treasuries.</p><p>SGX&#39;s revenue from fixed income, currencies and commodities (FICC) increased 19% to S$252.7 million ($182.92 million), and contributed to nearly 23% of total revenues. It said total revenue increased 4% to a record S$1.10 billion.</p><p><a href=\"https://laohu8.com/S/TS0U.SI\">OUE Commercial Reit</a>: OUE Commercial real estate investment trust (C-Reit) successfully completed a S$978 million unsecured sustainability-linked loan to refinance existing secured borrowings.</p><p>The loan, syndicated by a consortium of 4 mandated lead arrangers and bookrunners – CIMB Bank Singapore, Maybank Singapore, OCBC and Standard Chartered - was 1.26 times oversubscribed and supported by 19 banks, the Reit manager announced in a press statement on Wednesday (Aug 17).</p><p>SEVERAL property-related groups posted strong results for the half year ended June. <a href=\"https://laohu8.com/S/C09.SI\">City Developments Limited</a> (CDL) achieved a record net profit of S$1.1 billion for H1 2022, reversing a net loss for H1 2021. CDL is paying a special interim dividend of S$0.12 per ordinary share.</p><p><a href=\"https://laohu8.com/S/S20.SI\">The Straits Trading Company</a> posted a 449 per cent year-on-year rise in H1 net profit to S$673 million. In the wake of its strong H1 results, the group declared a special dividend, distributing either ESR shares or Straits Trading shares to entitled shareholders.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S68.SI":"新加坡交易所","C09.SI":"城市发展"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171736785","content_text":"THE following companies saw new developments that may affect trading of their securities on Thursday (Aug 18):Singapore Exchange: Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator's push towards its derivatives product offerings amid a weak securities market.Higher derivatives volumes for equities, currencies and commodities helped offset a weaker showing from cash equities and treasuries.SGX's revenue from fixed income, currencies and commodities (FICC) increased 19% to S$252.7 million ($182.92 million), and contributed to nearly 23% of total revenues. It said total revenue increased 4% to a record S$1.10 billion.OUE Commercial Reit: OUE Commercial real estate investment trust (C-Reit) successfully completed a S$978 million unsecured sustainability-linked loan to refinance existing secured borrowings.The loan, syndicated by a consortium of 4 mandated lead arrangers and bookrunners – CIMB Bank Singapore, Maybank Singapore, OCBC and Standard Chartered - was 1.26 times oversubscribed and supported by 19 banks, the Reit manager announced in a press statement on Wednesday (Aug 17).SEVERAL property-related groups posted strong results for the half year ended June. City Developments Limited (CDL) achieved a record net profit of S$1.1 billion for H1 2022, reversing a net loss for H1 2021. CDL is paying a special interim dividend of S$0.12 per ordinary share.The Straits Trading Company posted a 449 per cent year-on-year rise in H1 net profit to S$673 million. In the wake of its strong H1 results, the group declared a special dividend, distributing either ESR shares or Straits Trading shares to entitled shareholders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920479169,"gmtCreate":1670545011251,"gmtModify":1676538389300,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Will it be the same today?&nbsp;","listText":"Will it be the same today?&nbsp;","text":"Will it be the same today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920479169","repostId":"2290422271","repostType":4,"repost":{"id":"2290422271","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":1670536748,"share":"https://ttm.financial/m/news/2290422271?lang=&edition=fundamental","pubTime":"2022-12-09 05:59","market":"us","language":"en","title":"US STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2290422271","media":"Reuters","summary":"(Reuters) - The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investor","content":"<html><head></head><body><p>(Reuters) - The S&amp;P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.</p><p>Wall Street&#39;s main indexes had come under pressure in recent days, with the S&amp;P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.</p><p>Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday&#39;s advance on the tech-heavy index.</p><p>Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.</p><p>The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.</p><p>Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.</p><p>Such behavior means Friday&#39;s producer price index and the University of Michigan&#39;s consumer sentiment survey will likely dictate whether Wall Street can build on Thursday&#39;s rally.</p><p>&#34;The market has to adjust to the fact that we&#39;re moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that&#39;s what we&#39;re grappling with right now,&#34; said Wiley Angell, chief market strategist at Ziegler Capital Management.</p><p>The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&amp;P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.</p><p>Nine of the 11 major S&amp;P 500 sectors rose, led by a 1.6% gain in technology stocks.</p><p>Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.</p><p>Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant&#39;s $69 billion bid to buy Activision Blizzard Inc. The &#34;Call of Duty&#34; games maker closed 1.5% lower.</p><p>The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.</p><p>Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.</p><p>The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.</p><p>Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.</p><p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-09 05:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The S&amp;P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.</p><p>Wall Street&#39;s main indexes had come under pressure in recent days, with the S&amp;P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.</p><p>Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday&#39;s advance on the tech-heavy index.</p><p>Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.</p><p>The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.</p><p>Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.</p><p>Such behavior means Friday&#39;s producer price index and the University of Michigan&#39;s consumer sentiment survey will likely dictate whether Wall Street can build on Thursday&#39;s rally.</p><p>&#34;The market has to adjust to the fact that we&#39;re moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that&#39;s what we&#39;re grappling with right now,&#34; said Wiley Angell, chief market strategist at Ziegler Capital Management.</p><p>The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&amp;P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.</p><p>Nine of the 11 major S&amp;P 500 sectors rose, led by a 1.6% gain in technology stocks.</p><p>Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.</p><p>Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant&#39;s $69 billion bid to buy Activision Blizzard Inc. The &#34;Call of Duty&#34; games maker closed 1.5% lower.</p><p>The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.</p><p>Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.</p><p>The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.</p><p>Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.</p><p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290422271","content_text":"(Reuters) - The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.Wall Street's main indexes had come under pressure in recent days, with the S&P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday's advance on the tech-heavy index.Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.Such behavior means Friday's producer price index and the University of Michigan's consumer sentiment survey will likely dictate whether Wall Street can build on Thursday's rally.\"The market has to adjust to the fact that we're moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that's what we're grappling with right now,\" said Wiley Angell, chief market strategist at Ziegler Capital Management.The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.Nine of the 11 major S&P 500 sectors rose, led by a 1.6% gain in technology stocks.Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant's $69 billion bid to buy Activision Blizzard Inc. The \"Call of Duty\" games maker closed 1.5% lower.The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.The S&P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989660348,"gmtCreate":1665991144085,"gmtModify":1676537688667,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Should follow Buffett?","listText":"Should follow Buffett?","text":"Should follow Buffett?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9989660348","repostId":"2275162921","repostType":4,"isVote":1,"tweetType":1,"viewCount":929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932749486,"gmtCreate":1662996646646,"gmtModify":1676537179368,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"I think Tiktok would still be king for the foreseeable future.&nbsp;","listText":"I think Tiktok would still be king for the foreseeable future.&nbsp;","text":"I think Tiktok would still be king for the foreseeable future.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9932749486","repostId":"2266326133","repostType":4,"repost":{"id":"2266326133","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":1662993275,"share":"https://ttm.financial/m/news/2266326133?lang=&edition=fundamental","pubTime":"2022-09-12 22:34","market":"us","language":"en","title":"Instagram Stumbles in Push to Mimic TikTok, Internal Documents Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2266326133","media":"Dow Jones","summary":"Meta Platforms Inc. Chief Executive Mark Zuckerberg is betting the social-media giant's near-term fu","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. Chief Executive Mark Zuckerberg is betting the social-media giant&#39;s near-term future on Instagram Reels, the short-video feature he is touting as the company&#39;s answer to TikTok.</p><p>The company&#39;s internal research shows that Meta has a lot of catching up to do.</p><p>Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.</p><p>The document, titled &#34;Creators x Reels State of the Union 2022,&#34; was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that &#34;most Reels users have no engagement whatsoever.&#34;</p><p>One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.</p><p>Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.</p><p>&#34;We still have work to do,&#34; she said. &#34;But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.&#34;</p><p>The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone&#39;s operating system put a major dent in Meta&#39;s ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta&#39;s market value had declined by more than $620 billion since peaking more than a year ago.</p><p>Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.</p><p>&#34;We&#39;re seeing good promise in the rollout of Reels, good adoption,&#34; Instagram Chief Operating Officer Justin Osofsky said in an interview. &#34;But with that said, we know we also have work to do.&#34;</p><p>He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.</p><p>The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it &#34;downranks&#34; these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.</p><p>&#34;People have told us they want original high-quality content,&#34; Mr. Osofsky said.</p><p>Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.</p><p>This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat&#39;s Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.</p><p>&#34;Nobody&#39;s going to make original content for Instagram,&#34; Mr. Purifoy said. &#34;It just doesn&#39;t make any sense.&#34;</p><p>To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.</p><p>&#34;Meta&#39;s suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,&#34; the document said.</p><p>The Meta spokeswoman said this payout number is outdated and doesn&#39;t include separate payments to Facebook creators that the fund also covers.</p><p>TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.</p><p>Meta&#39;s ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.</p><p>But Meta&#39;s advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.</p><p>Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company &#34;cares about&#34; them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was &#34;good for the world,&#34; the score fell from more than 60% in 2019 to slightly over 45%.</p><p>The Meta spokeswoman said that didn&#39;t reflect the company&#39;s internal data, but declined to elaborate.</p><p>The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant&#39;s current predicament: &#34;Would you say that Meta&#39;s best days are ahead of it or behind it?&#34; The company declined to disclose how users responded to that question.</p><p>At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.</p><p>Other social-media companies have had their business models upended, too. <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.</p><p>Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry&#39;s 800-pound gorilla.</p><p>Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat&#39;s features.</p><p>While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.</p><p>TikTok&#39;s explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.</p><p>TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein&#39;s August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.</p><p>As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: &#34;The 2020s are the SFV decade.&#34;</p><p>After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company&#39;s fastest-growing content format, but TikTok has maintained its lead.</p><p>&#34;Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,&#34; said the internal Meta document.</p><p>Meta&#39;s challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.</p><p>Meta&#39;s products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people&#39;s interests, helping them discover new things they never knew they wanted or would enjoy.</p><p>This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don&#39;t follow.</p><p>There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said &#34;Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.&#34;</p><p>Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don&#39;t already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.</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>Instagram Stumbles in Push to Mimic TikTok, Internal Documents Show</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\">\nInstagram Stumbles in Push to Mimic TikTok, Internal Documents Show\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\">2022-09-12 22:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. Chief Executive Mark Zuckerberg is betting the social-media giant&#39;s near-term future on Instagram Reels, the short-video feature he is touting as the company&#39;s answer to TikTok.</p><p>The company&#39;s internal research shows that Meta has a lot of catching up to do.</p><p>Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.</p><p>The document, titled &#34;Creators x Reels State of the Union 2022,&#34; was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that &#34;most Reels users have no engagement whatsoever.&#34;</p><p>One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.</p><p>Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.</p><p>&#34;We still have work to do,&#34; she said. &#34;But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.&#34;</p><p>The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone&#39;s operating system put a major dent in Meta&#39;s ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta&#39;s market value had declined by more than $620 billion since peaking more than a year ago.</p><p>Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.</p><p>&#34;We&#39;re seeing good promise in the rollout of Reels, good adoption,&#34; Instagram Chief Operating Officer Justin Osofsky said in an interview. &#34;But with that said, we know we also have work to do.&#34;</p><p>He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.</p><p>The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it &#34;downranks&#34; these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.</p><p>&#34;People have told us they want original high-quality content,&#34; Mr. Osofsky said.</p><p>Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.</p><p>This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat&#39;s Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.</p><p>&#34;Nobody&#39;s going to make original content for Instagram,&#34; Mr. Purifoy said. &#34;It just doesn&#39;t make any sense.&#34;</p><p>To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.</p><p>&#34;Meta&#39;s suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,&#34; the document said.</p><p>The Meta spokeswoman said this payout number is outdated and doesn&#39;t include separate payments to Facebook creators that the fund also covers.</p><p>TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.</p><p>Meta&#39;s ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.</p><p>But Meta&#39;s advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.</p><p>Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company &#34;cares about&#34; them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was &#34;good for the world,&#34; the score fell from more than 60% in 2019 to slightly over 45%.</p><p>The Meta spokeswoman said that didn&#39;t reflect the company&#39;s internal data, but declined to elaborate.</p><p>The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant&#39;s current predicament: &#34;Would you say that Meta&#39;s best days are ahead of it or behind it?&#34; The company declined to disclose how users responded to that question.</p><p>At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.</p><p>Other social-media companies have had their business models upended, too. <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.</p><p>Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry&#39;s 800-pound gorilla.</p><p>Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat&#39;s features.</p><p>While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.</p><p>TikTok&#39;s explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.</p><p>TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein&#39;s August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.</p><p>As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: &#34;The 2020s are the SFV decade.&#34;</p><p>After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company&#39;s fastest-growing content format, but TikTok has maintained its lead.</p><p>&#34;Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,&#34; said the internal Meta document.</p><p>Meta&#39;s challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.</p><p>Meta&#39;s products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people&#39;s interests, helping them discover new things they never knew they wanted or would enjoy.</p><p>This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don&#39;t follow.</p><p>There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said &#34;Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.&#34;</p><p>Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don&#39;t already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266326133","content_text":"Meta Platforms Inc. Chief Executive Mark Zuckerberg is betting the social-media giant's near-term future on Instagram Reels, the short-video feature he is touting as the company's answer to TikTok.The company's internal research shows that Meta has a lot of catching up to do.Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.The document, titled \"Creators x Reels State of the Union 2022,\" was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that \"most Reels users have no engagement whatsoever.\"One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.\"We still have work to do,\" she said. \"But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.\"The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone's operating system put a major dent in Meta's ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta's market value had declined by more than $620 billion since peaking more than a year ago.Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.\"We're seeing good promise in the rollout of Reels, good adoption,\" Instagram Chief Operating Officer Justin Osofsky said in an interview. \"But with that said, we know we also have work to do.\"He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it \"downranks\" these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.\"People have told us they want original high-quality content,\" Mr. Osofsky said.Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat's Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.\"Nobody's going to make original content for Instagram,\" Mr. Purifoy said. \"It just doesn't make any sense.\"To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.\"Meta's suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,\" the document said.The Meta spokeswoman said this payout number is outdated and doesn't include separate payments to Facebook creators that the fund also covers.TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.Meta's ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.But Meta's advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company \"cares about\" them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was \"good for the world,\" the score fell from more than 60% in 2019 to slightly over 45%.The Meta spokeswoman said that didn't reflect the company's internal data, but declined to elaborate.The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant's current predicament: \"Would you say that Meta's best days are ahead of it or behind it?\" The company declined to disclose how users responded to that question.At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.Other social-media companies have had their business models upended, too. Snap Inc., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry's 800-pound gorilla.Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat's features.While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.TikTok's explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein's August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: \"The 2020s are the SFV decade.\"After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company's fastest-growing content format, but TikTok has maintained its lead.\"Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,\" said the internal Meta document.Meta's challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.Meta's products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people's interests, helping them discover new things they never knew they wanted or would enjoy.This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don't follow.There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said \"Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.\"Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don't already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.","news_type":1},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000463","authorId":"9000000000000463","name":"MurrayBulwer","avatar":"https://static.tigerbbs.com/b11c256c9adb7debe80fba544b0e6b3d","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000463","authorIdStr":"9000000000000463"},"content":"I quite agree with you. Tik tok is difficult to replace for people nowadays, especially young people.","text":"I quite agree with you. Tik tok is difficult to replace for people nowadays, especially young people.","html":"I quite agree with you. Tik tok is difficult to replace for people nowadays, especially young people."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074168645,"gmtCreate":1658319232787,"gmtModify":1676536139938,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Love NIO and Upstart","listText":"Love NIO and Upstart","text":"Love NIO and Upstart","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074168645","repostId":"2252787229","repostType":4,"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072128787,"gmtCreate":1657988003149,"gmtModify":1676536091034,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Time to go in!&nbsp;","listText":"Time to go in!&nbsp;","text":"Time to go in!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072128787","repostId":"2251346959","repostType":4,"repost":{"id":"2251346959","pubTimestamp":1657933739,"share":"https://ttm.financial/m/news/2251346959?lang=&edition=fundamental","pubTime":"2022-07-16 09:08","market":"us","language":"en","title":"Cathie Wood's Growth Stocks Are Primed to Go Parabolic","url":"https://stock-news.laohu8.com/highlight/detail?id=2251346959","media":"InvestorPlace","summary":"Cathie Wood's stocks are forming a rare technical pattern -- a bullish ascending triangle -- which t","content":"<html><head></head><body><ul><li>Cathie Wood&#39;s stocks are forming a rare technical pattern -- a bullish ascending triangle -- which typically precede massive breakouts.</li><li>The number of Nasdaq 100 stocks trading above their 200-day moving average crossed from below to above 20% this week -- a bullish breadth crossover signal that always leads to big rallies.</li><li>Millionaire-minting stocks from 2020 could see a repeat performance in the second half of 2022.</li></ul><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/da0107f08becd27b6eec83b150135b14\" tg-width=\"1600\" tg-height=\"900\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Source: rhendrikdwenz via Shutterstock</p><p>Those high-flying growth stocks popularized during the pandemic — like <b>Shopify</b> (<b><u>SHOP</u></b>), <b>Roku</b> (<b><u>ROKU</u></b>), <b><a href=\"https://laohu8.com/S/SQ\">Block</a></b> (<b><u>SQ</u></b>), <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a></b> (<b><u>ZM</u></b>) — are crumbling under the 2022 selloff. Joke’s on me, huh? Well, <b><u>technical indicators now suggest those same growth stocks will soar once again!</u></b></p><p>Look no further than Cathie Wood’s <b>ARK Innovation <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a></b> (<b><u>ARKK</u></b>) — a collection of the market’s momentous growthy stocks. It’s surging of late. ARKK is up about 17% over the past month. Compare that to the <b>S&amp;P 500’s</b> paltry 1.5%.</p><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/67bd2065680556fa8da3a015596ab459\" tg-width=\"1430\" tg-height=\"923\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>But that’s first-level thinking. Digging deeper, our thinking concludes that Cathie Wood’s stocks are forming a rare technical pattern — a “<b><i>bullish ascending triangle.</i></b>” Here’s the kicker: <b>Bullish ascending triangles typically precede massive breakouts.</b></p><p>Cathie Wood stocks aside, we’re seeing breadth indicators flashing <i>super </i>bullish signals across the tech sector right now.</p><p>Put it all together, and the picture comes into focus. High-flying growth stocks appear to be on the cusp of a massive breakout.</p><p>The last time these stocks broke out in 2020, millionaires were minted as their stocks went parabolic. We’re looking at a potential repeat in 2022-2023.</p><p>It’s time to back up the truck and<b> </b><b><u>load up on growth stocks</u></b><b>.</b></p><h2>Bullish Ascending Triangle</h2><p>Speaking of parabolic, let’s go back to 2020. (I know, it seems like decades ago because of “pandemic time.”) At that time, the growth of Cathie Wood’s stocks could only be properly described as nothing short of parabolic. Then, those same high-flying stocks came crashing down.</p><p>Now, <b>a rare technical pattern indicates that growth is about to go parabolic once more.</b></p><p>Since early June, the <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> has formed what’s known by traders as a bullish ascending triangle pattern.</p><p>The ETF has formed a flat resistance line around $45. Its support line is rising — from $35 to $40 to, as of press time, $43. On the chart, this trading action forms an <b>ascending triangle</b>.</p><p>When this ascending triangle converges — or when the flat resistance line converges on the rising support line — the underlying asset typically sees a massive breakout.</p><p>Right now, the ARK Innovation ETF’s flat resistance line is at $45, and its rising support line is at $43. <b><i>A convergence is basically here.</i></b></p><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/df75cc16e19cfb42b63b9eec9cbd04e5\" tg-width=\"624\" tg-height=\"273\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>What comes next? <b><u>Technical analysis says a massive breakout in growth stocks</u></b>.</p><p>We agree — but for reasons beyond just this bullish technical pattern.</p><h2>Bullish Breadth Indicators</h2><p>Per our analysis, Cathie Wood stocks won’t be the only ones that partake in this coming surprise breakout rally.</p><p><b>The whole tech sector should catch a ride, too. </b></p><p>Like Cathie’s investments, tech stocks have recently outperformed the broader market. As a result of this rally, a historically foolproof bullish breadth indicator has been triggered for tech stocks.</p><p>Indeed, this week, the number of <b>Nasdaq 100 </b>stocks trading above their 200-day moving average crossed from below to above 20%. That’s a bullish breadth crossover signal that always leads to big rallies.</p><p>When I say always, I mean <i>always</i>.</p><p>Since 2008, this signal has led to positive tech stock returns over the following 60 days <b>100% of the time</b>. The average return in that stretch? 15%.</p><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/bd39f52b3f9e0cb4bcd9b28e6a5df478\" tg-width=\"624\" tg-height=\"308\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In other words, one of history’s most reliable bullish breadth indicators likely triggered tech stocks toward a massive short-term breakout.</p><p>Couple that with the ascending bullish triangle forming in the ARK Innovation ETF. The data implies that <b><u>you should buy growth stocks right now to score big gains over the next 3 months</u></b>.</p><h2>The Final Word on a Breakout in Growth Stocks</h2><p>I don’t like repeating myself, but some statements bear repeating. To that end, <b>stocks have been crushed in 2022</b>. You know it. I know it. Our portfolios definitely know it. Consequently, investors are running from the markets to hide from the collateral damage. But don’t despair! I’ve just laid out a mountain of (growing) evidence suggesting that, not only is the worst of the selloff over, but a massive market rebound is also on the horizon.</p><p>Here’s the thing:<b> That rebound will only be concentrated in high-growth stocks.</b></p><p>Those millionaire-minting stocks from 2020 could see a repeat performance in the second half of 2022.</p><p>One such stock is a tiny $3 technology stock. It may be <b><u>the most compelling 12-month investment in the market today</u></b>.</p><p>See; the world’s largest company — <b>Apple </b>(<b><u>AAPL</u></b>) — will reportedly announce a brand-new product over the next 12 months.</p><p>It’s not another iPhone, Apple Watch, or iPad. It’s an innovative new product that could be bigger than all those products combined.</p><p>And per my analysis, the $3 stock I’m talking about is positioned to secure a partnership with Apple. If that happens, it will supply a critical piece of technology to make this new product hum.</p><p>Quick market tip: Apple supplier stocks don’t trade for $3. Just look at <b>Skyworks</b> (<b><u>SWKS</u></b>) stock. That’s a major iPhone parts supplier. It’s trading for $100. Long ago, though, it also traded for $3.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Growth Stocks Are Primed to Go Parabolic</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\">\nCathie Wood's Growth Stocks Are Primed to Go Parabolic\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-16 09:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2022/07/growth-stocks-look-ready-to-go-parabolic/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood's stocks are forming a rare technical pattern -- a bullish ascending triangle -- which typically precede massive breakouts.The number of Nasdaq 100 stocks trading above their 200-day ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2022/07/growth-stocks-look-ready-to-go-parabolic/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKX":"ARK Space Exploration & Innovation ETF","ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internation ETF"},"source_url":"https://investorplace.com/hypergrowthinvesting/2022/07/growth-stocks-look-ready-to-go-parabolic/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251346959","content_text":"Cathie Wood's stocks are forming a rare technical pattern -- a bullish ascending triangle -- which typically precede massive breakouts.The number of Nasdaq 100 stocks trading above their 200-day moving average crossed from below to above 20% this week -- a bullish breadth crossover signal that always leads to big rallies.Millionaire-minting stocks from 2020 could see a repeat performance in the second half of 2022.Source: rhendrikdwenz via ShutterstockThose high-flying growth stocks popularized during the pandemic — like Shopify (SHOP), Roku (ROKU), Block (SQ), Zoom (ZM) — are crumbling under the 2022 selloff. Joke’s on me, huh? Well, technical indicators now suggest those same growth stocks will soar once again!Look no further than Cathie Wood’s ARK Innovation Pacer Swan SOS Fund of Funds ETF|ETF (ARKK) — a collection of the market’s momentous growthy stocks. It’s surging of late. ARKK is up about 17% over the past month. Compare that to the S&P 500’s paltry 1.5%.But that’s first-level thinking. Digging deeper, our thinking concludes that Cathie Wood’s stocks are forming a rare technical pattern — a “bullish ascending triangle.” Here’s the kicker: Bullish ascending triangles typically precede massive breakouts.Cathie Wood stocks aside, we’re seeing breadth indicators flashing super bullish signals across the tech sector right now.Put it all together, and the picture comes into focus. High-flying growth stocks appear to be on the cusp of a massive breakout.The last time these stocks broke out in 2020, millionaires were minted as their stocks went parabolic. We’re looking at a potential repeat in 2022-2023.It’s time to back up the truck and load up on growth stocks.Bullish Ascending TriangleSpeaking of parabolic, let’s go back to 2020. (I know, it seems like decades ago because of “pandemic time.”) At that time, the growth of Cathie Wood’s stocks could only be properly described as nothing short of parabolic. Then, those same high-flying stocks came crashing down.Now, a rare technical pattern indicates that growth is about to go parabolic once more.Since early June, the ARK Innovation ETF has formed what’s known by traders as a bullish ascending triangle pattern.The ETF has formed a flat resistance line around $45. Its support line is rising — from $35 to $40 to, as of press time, $43. On the chart, this trading action forms an ascending triangle.When this ascending triangle converges — or when the flat resistance line converges on the rising support line — the underlying asset typically sees a massive breakout.Right now, the ARK Innovation ETF’s flat resistance line is at $45, and its rising support line is at $43. A convergence is basically here.What comes next? Technical analysis says a massive breakout in growth stocks.We agree — but for reasons beyond just this bullish technical pattern.Bullish Breadth IndicatorsPer our analysis, Cathie Wood stocks won’t be the only ones that partake in this coming surprise breakout rally.The whole tech sector should catch a ride, too. Like Cathie’s investments, tech stocks have recently outperformed the broader market. As a result of this rally, a historically foolproof bullish breadth indicator has been triggered for tech stocks.Indeed, this week, the number of Nasdaq 100 stocks trading above their 200-day moving average crossed from below to above 20%. That’s a bullish breadth crossover signal that always leads to big rallies.When I say always, I mean always.Since 2008, this signal has led to positive tech stock returns over the following 60 days 100% of the time. The average return in that stretch? 15%.In other words, one of history’s most reliable bullish breadth indicators likely triggered tech stocks toward a massive short-term breakout.Couple that with the ascending bullish triangle forming in the ARK Innovation ETF. The data implies that you should buy growth stocks right now to score big gains over the next 3 months.The Final Word on a Breakout in Growth StocksI don’t like repeating myself, but some statements bear repeating. To that end, stocks have been crushed in 2022. You know it. I know it. Our portfolios definitely know it. Consequently, investors are running from the markets to hide from the collateral damage. But don’t despair! I’ve just laid out a mountain of (growing) evidence suggesting that, not only is the worst of the selloff over, but a massive market rebound is also on the horizon.Here’s the thing: That rebound will only be concentrated in high-growth stocks.Those millionaire-minting stocks from 2020 could see a repeat performance in the second half of 2022.One such stock is a tiny $3 technology stock. It may be the most compelling 12-month investment in the market today.See; the world’s largest company — Apple (AAPL) — will reportedly announce a brand-new product over the next 12 months.It’s not another iPhone, Apple Watch, or iPad. It’s an innovative new product that could be bigger than all those products combined.And per my analysis, the $3 stock I’m talking about is positioned to secure a partnership with Apple. If that happens, it will supply a critical piece of technology to make this new product hum.Quick market tip: Apple supplier stocks don’t trade for $3. Just look at Skyworks (SWKS) stock. That’s a major iPhone parts supplier. It’s trading for $100. Long ago, though, it also traded for $3.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997525764,"gmtCreate":1661824397260,"gmtModify":1676536586250,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Agree with the recommended stocks!&nbsp;","listText":"Agree with the recommended stocks!&nbsp;","text":"Agree with the recommended stocks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997525764","repostId":"1155681056","repostType":4,"repost":{"id":"1155681056","pubTimestamp":1661823719,"share":"https://ttm.financial/m/news/1155681056?lang=&edition=fundamental","pubTime":"2022-08-30 09:41","market":"sg","language":"en","title":"Have S$10,000 to Spare? These 4 REITs Look Ripe for the Picking","url":"https://stock-news.laohu8.com/highlight/detail?id=1155681056","media":"The Smart Investor","summary":"These four beaten-down REITs look interesting to own for the long term.If you’re an investor, it’s a","content":"<html><head></head><body><p>These four beaten-down REITs look interesting to own for the long term.</p><p><img src=\"https://static.tigerbbs.com/3bde80bdc92d19d5b95f2ff90ae9d3b0\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>If you’re an investor, it’s always useful to keep some cash handy.</p><p>With volatility roiling the stock market and pessimism setting in, opportunities may appear to buy shares on the cheap.</p><p>REITs are a great place to start looking as rising interest rates have dampened sentiment for the sector.</p><p>These reliable income instruments can provide you with a steady stream of passive income well into your retirement years.</p><p>If you have S$10,000 to spare, you can consider these four REITs for your buy watchlist.</p><p><b>Mapletree Pan-Asia Commercial Trust (SGX: N2IU)</b></p><p>Mapletree Pan-Asia Commercial Trust, or MPACT, was formed through the merger of Mapletree Commercial Trust and Mapletree North Asia Commercial Trust.</p><p>MPACT owns 18 properties across five markets – Singapore, China, South Korea, Japan, and Hong Kong SAR, with assets under management (AUM) of S$17.1 billion and a net lettable area of 11 million square feet.</p><p>The merged REIT will have a high occupancy rate of 97.2% with aggregate leverage of 38.8%.</p><p>44% of MPACT’s AUM is in retail, with 35% in offices and the remaining 21% in business parks.</p><p>MPACT also has a well-diversified tenant portfolio with the largest tenant, Google’s<b>Alphabet</b>(NASDAQ: GOOGL), taking up 5.7% of the REIT’s gross rental income.</p><p>As of 31 March 2022, the REIT has debt headroom of close to S$4 billion.</p><p>The manager for MPACT will adopt a “4R” asset and capital management strategy to stabilise and then grow the REIT.</p><p>4R stands for recharge, reconstitute, resilience, and refocus.</p><p>It will focus on acquisitions of office and business park assets while looking for suitable opportunities to divest assets to unlock value.</p><p><b>Digital Core REIT (SGX: DCRU)</b></p><p>Digital Core REIT, or DCR, owns a portfolio of 10 data centres in the US and Canada worth US$1.46 billion as of 30 June 2022.</p><p>The data centres enjoy full occupancy and have a long weighted average lease expiry (WALE) of 5.2 years.</p><p>DCR reported its maiden financial result for the first half of 2022 (1H2022).</p><p>Gross revenue was largely in line with forecast at US$52.8 million but the distributable income was 2.2% lower due to higher property expenses.</p><p>Distribution per unit for 1H2022 was 1.4% lower than forecast at US$0.0206.</p><p>Including the period from 6 December till end-2021, the total DPU declared by DCR came up to US$0.0237.</p><p>Annualising the 1H2022 DPU, we get US$0.0412, and the REIT’s units are providing a forward yield of around 5.2%.</p><p>DCR has identified acquisition targets in Frankfurt, Chicago or Dallas that are expected to be accretive to DPU.</p><p>Its current gearing level is just 25.7% with an average cost of debt of 2.3%.</p><p><b>Daiwa House Logistics Trust (SGX: DHLU)</b></p><p>Daiwa House Logistics Trust, or DHLT, owns a portfolio of 14 high-quality logistics properties across Japan.</p><p>Total AUM stands at around JPY 81 billion as of 31 December 2021.</p><p>Gross revenue for 1H2022 was 3.6% below forecast while net property income was 4.5% lower than projected at S$30 million.</p><p>DPU, however, was in line with the forecast of S$0.0309.</p><p>The portfolio has maintained a high occupancy rate of 98.6% as of 30 June 2022 and all leases that were due to expire in 1H2022 have been renewed.</p><p>The good news is that the average rent of renewed and new leases was up by 3.1%, and DHLT maintained a long WALE of 6.8 years.</p><p>With the consumption tax loan refunded in April 2022, aggregate leverage stood at 34% for the REIT with 100% of its loans on fixed rates.</p><p><b>ARA US Hospitality Trust (SGX: XZL)</b></p><p>ARA US Hospitality Trust is a hospitality trust with a portfolio of 40 select-service hotels with a total of 5,214 rooms across 21 states in the US.</p><p>In line with the global recovery in air travel, the trust has reported a strong year on year performance for 1H2022.</p><p>Revenue jumped 53.8% year on year to US$81.3 million while net property income more than doubled year on year to US$21.1 million.</p><p>Because of the better performance, distribution per stapled security (DPSS) increased four-fold from S$0.00355 in the second half of last year to S$0.01427 in 1H2022.</p><p>Gearing was, however, fairly high at 43.5%.</p><p>The good news is that 80% of ARA US Hospitality Trust’s borrowings are on fixed rates.</p><p>Meanwhile, the gradual return of business and leisure demand should lead to a full recovery in US hotel market occupancy while also driving further increases in revenue per available room.</p><p>These trends should bode well for the hospitality trust, giving it room to further raise its DPSS.</p></body></html>","source":"lsy1602567310727","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>Have S$10,000 to Spare? These 4 REITs Look Ripe for the Picking</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\">\nHave S$10,000 to Spare? These 4 REITs Look Ripe for the Picking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-30 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/have-s10000-to-spare-these-4-reits-look-ripe-for-the-picking/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These four beaten-down REITs look interesting to own for the long term.If you’re an investor, it’s always useful to keep some cash handy.With volatility roiling the stock market and pessimism setting ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/have-s10000-to-spare-these-4-reits-look-ripe-for-the-picking/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DCRU.SI":"DigiCore Reit USD","N2IU.SI":"丰树商业信托","XZL.SI":"亚腾美国酒店信托","DHLU.SI":"Daiwa Hse Log Tr","STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/have-s10000-to-spare-these-4-reits-look-ripe-for-the-picking/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155681056","content_text":"These four beaten-down REITs look interesting to own for the long term.If you’re an investor, it’s always useful to keep some cash handy.With volatility roiling the stock market and pessimism setting in, opportunities may appear to buy shares on the cheap.REITs are a great place to start looking as rising interest rates have dampened sentiment for the sector.These reliable income instruments can provide you with a steady stream of passive income well into your retirement years.If you have S$10,000 to spare, you can consider these four REITs for your buy watchlist.Mapletree Pan-Asia Commercial Trust (SGX: N2IU)Mapletree Pan-Asia Commercial Trust, or MPACT, was formed through the merger of Mapletree Commercial Trust and Mapletree North Asia Commercial Trust.MPACT owns 18 properties across five markets – Singapore, China, South Korea, Japan, and Hong Kong SAR, with assets under management (AUM) of S$17.1 billion and a net lettable area of 11 million square feet.The merged REIT will have a high occupancy rate of 97.2% with aggregate leverage of 38.8%.44% of MPACT’s AUM is in retail, with 35% in offices and the remaining 21% in business parks.MPACT also has a well-diversified tenant portfolio with the largest tenant, Google’sAlphabet(NASDAQ: GOOGL), taking up 5.7% of the REIT’s gross rental income.As of 31 March 2022, the REIT has debt headroom of close to S$4 billion.The manager for MPACT will adopt a “4R” asset and capital management strategy to stabilise and then grow the REIT.4R stands for recharge, reconstitute, resilience, and refocus.It will focus on acquisitions of office and business park assets while looking for suitable opportunities to divest assets to unlock value.Digital Core REIT (SGX: DCRU)Digital Core REIT, or DCR, owns a portfolio of 10 data centres in the US and Canada worth US$1.46 billion as of 30 June 2022.The data centres enjoy full occupancy and have a long weighted average lease expiry (WALE) of 5.2 years.DCR reported its maiden financial result for the first half of 2022 (1H2022).Gross revenue was largely in line with forecast at US$52.8 million but the distributable income was 2.2% lower due to higher property expenses.Distribution per unit for 1H2022 was 1.4% lower than forecast at US$0.0206.Including the period from 6 December till end-2021, the total DPU declared by DCR came up to US$0.0237.Annualising the 1H2022 DPU, we get US$0.0412, and the REIT’s units are providing a forward yield of around 5.2%.DCR has identified acquisition targets in Frankfurt, Chicago or Dallas that are expected to be accretive to DPU.Its current gearing level is just 25.7% with an average cost of debt of 2.3%.Daiwa House Logistics Trust (SGX: DHLU)Daiwa House Logistics Trust, or DHLT, owns a portfolio of 14 high-quality logistics properties across Japan.Total AUM stands at around JPY 81 billion as of 31 December 2021.Gross revenue for 1H2022 was 3.6% below forecast while net property income was 4.5% lower than projected at S$30 million.DPU, however, was in line with the forecast of S$0.0309.The portfolio has maintained a high occupancy rate of 98.6% as of 30 June 2022 and all leases that were due to expire in 1H2022 have been renewed.The good news is that the average rent of renewed and new leases was up by 3.1%, and DHLT maintained a long WALE of 6.8 years.With the consumption tax loan refunded in April 2022, aggregate leverage stood at 34% for the REIT with 100% of its loans on fixed rates.ARA US Hospitality Trust (SGX: XZL)ARA US Hospitality Trust is a hospitality trust with a portfolio of 40 select-service hotels with a total of 5,214 rooms across 21 states in the US.In line with the global recovery in air travel, the trust has reported a strong year on year performance for 1H2022.Revenue jumped 53.8% year on year to US$81.3 million while net property income more than doubled year on year to US$21.1 million.Because of the better performance, distribution per stapled security (DPSS) increased four-fold from S$0.00355 in the second half of last year to S$0.01427 in 1H2022.Gearing was, however, fairly high at 43.5%.The good news is that 80% of ARA US Hospitality Trust’s borrowings are on fixed rates.Meanwhile, the gradual return of business and leisure demand should lead to a full recovery in US hotel market occupancy while also driving further increases in revenue per available room.These trends should bode well for the hospitality trust, giving it room to further raise its DPSS.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933414645,"gmtCreate":1662337165387,"gmtModify":1676537038141,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Nvidia or AMD? Or both?&nbsp;","listText":"Nvidia or AMD? Or both?&nbsp;","text":"Nvidia or AMD? Or both?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9933414645","repostId":"2264471003","repostType":4,"repost":{"id":"2264471003","pubTimestamp":1662336951,"share":"https://ttm.financial/m/news/2264471003?lang=&edition=fundamental","pubTime":"2022-09-05 08:15","market":"us","language":"en","title":"Is Nvidia Stock a Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2264471003","media":"Motley Fool","summary":"While it might be rough sailing over the next few months, Nvidia could flourish over the long term.","content":"<html><head></head><body><h3>KEY POINTS</h3><ul><li>Nvidia is seeing the impact of slowing consumer demand in gaming.</li><li>But it&#39;s still generating profits and sees a major opportunity in the auto business.</li><li>This year’s stock price slump could be a buying opportunity.</li></ul><p>In late August,<b> Nvidia</b> reported results for its fiscal second-quarter (ended July 31), and they weren&#39;t great. The company&#39;s growth slowed dramatically, and its guidance projects that to continue. Like many businesses, the challenging economic environment is taking a toll on this leading chip manufacturer over the short term, causing volatility in the company&#39;s financials.</p><p>That said, there are many reasons to be bullish on the company. The long-term opportunity for Nvidia looks bright as semiconductors are rising in popularity, and the company is still seeing success in the industries with the highest potential. Shares are down almost 49% year-to-date. Here&#39;s why that looks like a deal.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ca7acd8c65ea0c003747e39f4e8a1538\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Nvidia&#39;s rough quarter</h2><p>Second-quarter earnings results were a significant shift compared to Nvidia&#39;s previous quarters. Total revenue increased only 3% year-over-year in Q2 to $6.7 billion. This also represented a 19% decline sequentially. Comparatively, Nvidia has consistently grown its revenue above 40% on a year-over-year basis since the start of 2020.</p><p>The company&#39;s gaming segment was the primary driver of this disappointing performance. Nvidia&#39;s gaming business saw a year-over-year revenue decline of 33% to $2.04 billion in Q2. The bulk of this drop was due to macroeconomic headwinds pressuring consumer demand for its gaming graphics processing units (GPUs).</p><p>Third-quarter guidance was bleak as well. The company expects to generate roughly $5.9 billion in revenue during the quarter, which is a drop of 17% compared to the year-ago period. This will likely be driven by sequential declines in its gaming and professional visualization businesses. On the bright side, however, two business segments -- data center and automotive -- are expected to post sequential increases.</p><p>Nvidia reported preliminary Q2 guidance earlier in August, so this performance wasn&#39;t a surprise. The more prominent concern, however, is that this isn&#39;t an industry-wide issue. <b>Advanced Micro Devices</b>, one of Nvidia&#39;s rivals, posted 70% year-over-year revenue expansion in its second quarter, highlighted by a 32% rise in gaming revenue over the same period. This might signal that Nvidia is losing market share in the gaming space and even the chip industry.</p><p>With this slowing growth, Nvidia&#39;s valuation becomes slightly more concerning. The stock is not cheap at 49 times earnings, and while that might be down from its 2020 and 2021 levels, it is higher than the valuation it had for most of 2013 to 2017, plus the majority of 2019.</p><h2>What metrics truly matter</h2><p>That said, Nvidia is still the dominant player in the chip space, especially when it comes to gaming GPUs. Nvidia&#39;s GeForce gaming GPUs are some of the most popular GPUs on the market, representing all of the top 15 most popular GPUs on the video game platform Steam. In the data center market, 72% of the world&#39;s top 500 fastest supercomputers are powered by Nvidia.</p><p>It&#39;s also important to recognize that Nvidia&#39;s gaming business might not be the primary driver of its long-term success. The company targets a $1 trillion opportunity, and gaming only represents 10% of that amount. Comparatively, the data center systems and automotive segments represent 60% of this potential.</p><p>On these fronts, Nvidia continued to gain steam in Q2. Data center revenue soared 61% year-over-year to $3.81 billion, while automotive revenue jumped 45% over the same period to $220 million. While still small, management believes its automotive business could become the company&#39;s next $1 billion business.</p><p>Lastly, Nvidia remained profitable. The company generated $656 million in net income in Q2, and while that was a stark decline from the $1.6 billion profit it posted in the year-ago quarter, it marks a nearly 10% profit margin. Additionally, Nvidia generated $837 million in free cash flow in Q2. It can use this cash to invest in innovation to create the best products, helping it capitalize on its lucrative long-term prospects.</p><h2>Why Nvidia stock is a buy now</h2><p>The company is facing some short-term pressure, and that is cause for concern. The fact that rivals aren&#39;t seeing the same stress as Nvidia is another reason to be cautious. That said, long-term investors willing to hold, even during short-term turmoil, could still see healthy returns.</p><p>Nvidia has a proven track record of dominance and benefiting from its leadership. It will be critical to ensure it persists over the course of multiple years, and investors will be able to see that through top-line expansion. The short-term will be volatile, but long-term investors who can see through the clouds might benefit from buying a small position in Nvidia today.</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>Is Nvidia Stock a Buy Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Nvidia Stock a Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 08:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/04/is-nvidia-stock-a-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSNvidia is seeing the impact of slowing consumer demand in gaming.But it's still generating profits and sees a major opportunity in the auto business.This year’s stock price slump could be a ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/04/is-nvidia-stock-a-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/09/04/is-nvidia-stock-a-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264471003","content_text":"KEY POINTSNvidia is seeing the impact of slowing consumer demand in gaming.But it's still generating profits and sees a major opportunity in the auto business.This year’s stock price slump could be a buying opportunity.In late August, Nvidia reported results for its fiscal second-quarter (ended July 31), and they weren't great. The company's growth slowed dramatically, and its guidance projects that to continue. Like many businesses, the challenging economic environment is taking a toll on this leading chip manufacturer over the short term, causing volatility in the company's financials.That said, there are many reasons to be bullish on the company. The long-term opportunity for Nvidia looks bright as semiconductors are rising in popularity, and the company is still seeing success in the industries with the highest potential. Shares are down almost 49% year-to-date. Here's why that looks like a deal.Image source: Getty Images.Nvidia's rough quarterSecond-quarter earnings results were a significant shift compared to Nvidia's previous quarters. Total revenue increased only 3% year-over-year in Q2 to $6.7 billion. This also represented a 19% decline sequentially. Comparatively, Nvidia has consistently grown its revenue above 40% on a year-over-year basis since the start of 2020.The company's gaming segment was the primary driver of this disappointing performance. Nvidia's gaming business saw a year-over-year revenue decline of 33% to $2.04 billion in Q2. The bulk of this drop was due to macroeconomic headwinds pressuring consumer demand for its gaming graphics processing units (GPUs).Third-quarter guidance was bleak as well. The company expects to generate roughly $5.9 billion in revenue during the quarter, which is a drop of 17% compared to the year-ago period. This will likely be driven by sequential declines in its gaming and professional visualization businesses. On the bright side, however, two business segments -- data center and automotive -- are expected to post sequential increases.Nvidia reported preliminary Q2 guidance earlier in August, so this performance wasn't a surprise. The more prominent concern, however, is that this isn't an industry-wide issue. Advanced Micro Devices, one of Nvidia's rivals, posted 70% year-over-year revenue expansion in its second quarter, highlighted by a 32% rise in gaming revenue over the same period. This might signal that Nvidia is losing market share in the gaming space and even the chip industry.With this slowing growth, Nvidia's valuation becomes slightly more concerning. The stock is not cheap at 49 times earnings, and while that might be down from its 2020 and 2021 levels, it is higher than the valuation it had for most of 2013 to 2017, plus the majority of 2019.What metrics truly matterThat said, Nvidia is still the dominant player in the chip space, especially when it comes to gaming GPUs. Nvidia's GeForce gaming GPUs are some of the most popular GPUs on the market, representing all of the top 15 most popular GPUs on the video game platform Steam. In the data center market, 72% of the world's top 500 fastest supercomputers are powered by Nvidia.It's also important to recognize that Nvidia's gaming business might not be the primary driver of its long-term success. The company targets a $1 trillion opportunity, and gaming only represents 10% of that amount. Comparatively, the data center systems and automotive segments represent 60% of this potential.On these fronts, Nvidia continued to gain steam in Q2. Data center revenue soared 61% year-over-year to $3.81 billion, while automotive revenue jumped 45% over the same period to $220 million. While still small, management believes its automotive business could become the company's next $1 billion business.Lastly, Nvidia remained profitable. The company generated $656 million in net income in Q2, and while that was a stark decline from the $1.6 billion profit it posted in the year-ago quarter, it marks a nearly 10% profit margin. Additionally, Nvidia generated $837 million in free cash flow in Q2. It can use this cash to invest in innovation to create the best products, helping it capitalize on its lucrative long-term prospects.Why Nvidia stock is a buy nowThe company is facing some short-term pressure, and that is cause for concern. The fact that rivals aren't seeing the same stress as Nvidia is another reason to be cautious. That said, long-term investors willing to hold, even during short-term turmoil, could still see healthy returns.Nvidia has a proven track record of dominance and benefiting from its leadership. It will be critical to ensure it persists over the course of multiple years, and investors will be able to see that through top-line expansion. The short-term will be volatile, but long-term investors who can see through the clouds might benefit from buying a small position in Nvidia today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919456110,"gmtCreate":1663852207230,"gmtModify":1676537349410,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Not sure why... I thought we already expected the Fed to raise rates.. So why such&nbsp;reaction?&nbsp;","listText":"Not sure why... I thought we already expected the Fed to raise rates.. So why such&nbsp;reaction?&nbsp;","text":"Not sure why... I thought we already expected the Fed to raise rates.. So why such reaction?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919456110","repostId":"1104523508","repostType":4,"repost":{"id":"1104523508","pubTimestamp":1663860487,"share":"https://ttm.financial/m/news/1104523508?lang=&edition=fundamental","pubTime":"2022-09-22 23:28","market":"us","language":"en","title":"The Federal Reserve Delivers A Massive Shock To The Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1104523508","media":"Seeking Alpha","summary":"SummaryThe Fed's forecast for rate hikes was more hawkish than expected.Even the usually implied vol","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The Fed&#39;s forecast for rate hikes was more hawkish than expected.</li><li>Even the usually implied volatility melt didn&#39;t help to lift stocks.</li><li>The S&amp;P 500 could probably fall to around 3,100.</li></ul><p>After several attempts to rein in the stock market, the Fed may have figured it out. The message was clear enough for a golden retriever(<i>I have two</i>) to understand. There was nothing cryptic or reading of the tea leaves to understand it.</p><p>Powell struck the point again, reiterating his stance at Jackson Hole about his commitment to reining in inflation, which would create below-trend growth rates and higher unemployment. What solidified this commentary was the FOMC summary of economic projections, which laid it all out very nicely.</p><p>There was nothing the equity market could cling to that it could twist and turn to make up some bullish narrative. It was what the Fed needed to deliver for financial conditions to tighten adequately and for the Fed to start to bring inflation down.</p><p><img src=\"https://static.tigerbbs.com/c2486dcfedbac39aa134867b15ef0873\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve</p><p><b>Old Games Didn&#39;t Work</b></p><p>Of course, the equity market tried to play its implied volatility melt in the middle of the trading session game, with the S&amp;P 500 managing to rally by more than 2% off its post-FOMC lows. But still, what became clear was that sellers were in the market, and they could offset that usually implied volatility melt and sink stocks.</p><p><img src=\"https://static.tigerbbs.com/459b1b4fde70f77ff59f4b70461818a8\" tg-width=\"640\" tg-height=\"352\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Rates Will Go Much Higher</b></p><p>The Fed&#39;s plan to get rates to 4.4% this year was just too much for the stock market and not expected. Fed Fund Futures were only looking at 4% rates by December 2022. The Fed&#39;s projections were 40 bps higher than the market and about 1.25% higher than the Fed Fund Rate following today&#39;s 75 BPS rate hike. That means the market will need to price two additional rate hikes for the rest of 2022.</p><p>The Fed&#39;s projections for 4.6% for 2023 have also shifted the Fed Funds Futures peak terminal rate to 4.62% from 4.48% yesterday. Additionally, that peak rate is expected to come in May 2023 instead of April. But more importantly, as time passes, we should see those Fed Funds Futures begin to take the shape of the Fed&#39;s expected path.</p><p><img src=\"https://static.tigerbbs.com/d9cc424c7d0e3e3e8aacd8113b242d37\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/></p><p>Mott Capital</p><p>The shift in the futures market should feed through to the Treasury curve. Treasuries are already beginning to rise further with the 2-Yr and 3-Yr gaining and now above 4%. Based on the Fed projections, they would suggest we&#39;re likely to see the two and three-year Treasuries not only stay above 4% but well above 4%, potentially matching those peak terminal rates of 4.6% the Fed is forecasting.</p><p><img src=\"https://static.tigerbbs.com/fc4e3deca3e43f787644f7190a194f61\" tg-width=\"640\" tg-height=\"371\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>The higher rates will help strengthen the dollar index, especially against Japan and China, which are clearly in much easier monetary policy positions. Additionally, with Europe&#39;s energy crisis and on the brink of recession, the dollar is likely to strengthen further against the euro.</p><p><img src=\"https://static.tigerbbs.com/25c055312b974bed34e316facbc1f710\" tg-width=\"640\" tg-height=\"251\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Tighter Financial Conditions</b></p><p>Rising rates and a stronger dollar also will help real yield rise, and together all of these things will work to tighten financial conditions even more in the coming weeks. While the Chicago Fed&#39;s National Financial Conditions (NFCI) and Adjusted NFCI tightened some this week, they still need to see their index value get above zero. Tightening financial conditions will work to sink stocks as they usually do.</p><p><img src=\"https://static.tigerbbs.com/e8a87b59ca2e6b628c52613bf8779055\" tg-width=\"640\" tg-height=\"362\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Wider Spreads</b></p><p>Additionally, corporate and high-yield credit spreads should widen further, which historically is directly tied to changes in the stock market volatility as measured by the VIX index. Plus, now that the VIX options expiration occurred on Sept. 21, the VIX will be able to move higher more freely and will not be tied to the lower levels due to option positioning.</p><p><img src=\"https://static.tigerbbs.com/422c3763f701f4e62df97f8511fd97b9\" tg-width=\"640\" tg-height=\"251\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>All of this is bad for stocks because, on a relative basis, the S&amp;P 500 already is expensive, with an equity risk premium over the 10-Yr of just 2.4%. That&#39;s a historically low level since 2010 and 135 bps below the historical average of 3.76%. An increase of 135 bps in the S&amp;P 500 earnings yield would send it to roughly 7.25% from around 5.9%. That would take the S&amp;P 500 PE ratio of 16.9 to approximately 13.8, or an S&amp;P 500 value of roughly 3,100. That would be an additional 18% lower than its closing price of about 3,790 on Sept. 21.</p><p><img src=\"https://static.tigerbbs.com/f4bef51568c210e3673e7b0a8aa6a8ba\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>But that&#39;s the thing - it all depends on where rates go because if rates do rise as the Fed suggests, and the 2-yr gets to around 4.5% and assuming the curve remains inverted by 50 bps, the 10-Yr would trade with a 4% yield, and then, of course, that would imply an even higher earnings yield for the S&amp;P 500, and lower PE ratio.</p><p><b>Very Serious</b></p><p>The Fed is dead serious about raising rates. I have been warning about the end of QE and rate hikes and the consequence for about a year. As I also explained, the July and August 2022rally was a giant head-fake, and it got many investors on the wrong side of things, believing the Fed would cave and pivot. This time is different; the Fed has a serious inflation problem for the first time in about 40 years. During the 2010s, the Fed only had to worry about the unemployment rate because inflation was nonexistent, so that it could pivot at the first signs of slowing growth.</p><p>But now inflation is job number one for the Fed, and everything else is a distant second.</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 Federal Reserve Delivers A Massive Shock To The Stock Market</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 Federal Reserve Delivers A Massive Shock To The Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-22 23:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4542392-fed-delivers-massive-shock-to-stock-market><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe Fed's forecast for rate hikes was more hawkish than expected.Even the usually implied volatility melt didn't help to lift stocks.The S&P 500 could probably fall to around 3,100.After ...</p>\n\n<a href=\"https://seekingalpha.com/article/4542392-fed-delivers-massive-shock-to-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4542392-fed-delivers-massive-shock-to-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104523508","content_text":"SummaryThe Fed's forecast for rate hikes was more hawkish than expected.Even the usually implied volatility melt didn't help to lift stocks.The S&P 500 could probably fall to around 3,100.After several attempts to rein in the stock market, the Fed may have figured it out. The message was clear enough for a golden retriever(I have two) to understand. There was nothing cryptic or reading of the tea leaves to understand it.Powell struck the point again, reiterating his stance at Jackson Hole about his commitment to reining in inflation, which would create below-trend growth rates and higher unemployment. What solidified this commentary was the FOMC summary of economic projections, which laid it all out very nicely.There was nothing the equity market could cling to that it could twist and turn to make up some bullish narrative. It was what the Fed needed to deliver for financial conditions to tighten adequately and for the Fed to start to bring inflation down.Federal ReserveOld Games Didn't WorkOf course, the equity market tried to play its implied volatility melt in the middle of the trading session game, with the S&P 500 managing to rally by more than 2% off its post-FOMC lows. But still, what became clear was that sellers were in the market, and they could offset that usually implied volatility melt and sink stocks.BloombergRates Will Go Much HigherThe Fed's plan to get rates to 4.4% this year was just too much for the stock market and not expected. Fed Fund Futures were only looking at 4% rates by December 2022. The Fed's projections were 40 bps higher than the market and about 1.25% higher than the Fed Fund Rate following today's 75 BPS rate hike. That means the market will need to price two additional rate hikes for the rest of 2022.The Fed's projections for 4.6% for 2023 have also shifted the Fed Funds Futures peak terminal rate to 4.62% from 4.48% yesterday. Additionally, that peak rate is expected to come in May 2023 instead of April. But more importantly, as time passes, we should see those Fed Funds Futures begin to take the shape of the Fed's expected path.Mott CapitalThe shift in the futures market should feed through to the Treasury curve. Treasuries are already beginning to rise further with the 2-Yr and 3-Yr gaining and now above 4%. Based on the Fed projections, they would suggest we're likely to see the two and three-year Treasuries not only stay above 4% but well above 4%, potentially matching those peak terminal rates of 4.6% the Fed is forecasting.BloombergThe higher rates will help strengthen the dollar index, especially against Japan and China, which are clearly in much easier monetary policy positions. Additionally, with Europe's energy crisis and on the brink of recession, the dollar is likely to strengthen further against the euro.BloombergTighter Financial ConditionsRising rates and a stronger dollar also will help real yield rise, and together all of these things will work to tighten financial conditions even more in the coming weeks. While the Chicago Fed's National Financial Conditions (NFCI) and Adjusted NFCI tightened some this week, they still need to see their index value get above zero. Tightening financial conditions will work to sink stocks as they usually do.BloombergWider SpreadsAdditionally, corporate and high-yield credit spreads should widen further, which historically is directly tied to changes in the stock market volatility as measured by the VIX index. Plus, now that the VIX options expiration occurred on Sept. 21, the VIX will be able to move higher more freely and will not be tied to the lower levels due to option positioning.BloombergAll of this is bad for stocks because, on a relative basis, the S&P 500 already is expensive, with an equity risk premium over the 10-Yr of just 2.4%. That's a historically low level since 2010 and 135 bps below the historical average of 3.76%. An increase of 135 bps in the S&P 500 earnings yield would send it to roughly 7.25% from around 5.9%. That would take the S&P 500 PE ratio of 16.9 to approximately 13.8, or an S&P 500 value of roughly 3,100. That would be an additional 18% lower than its closing price of about 3,790 on Sept. 21.BloombergBut that's the thing - it all depends on where rates go because if rates do rise as the Fed suggests, and the 2-yr gets to around 4.5% and assuming the curve remains inverted by 50 bps, the 10-Yr would trade with a 4% yield, and then, of course, that would imply an even higher earnings yield for the S&P 500, and lower PE ratio.Very SeriousThe Fed is dead serious about raising rates. I have been warning about the end of QE and rate hikes and the consequence for about a year. As I also explained, the July and August 2022rally was a giant head-fake, and it got many investors on the wrong side of things, believing the Fed would cave and pivot. This time is different; the Fed has a serious inflation problem for the first time in about 40 years. During the 2010s, the Fed only had to worry about the unemployment rate because inflation was nonexistent, so that it could pivot at the first signs of slowing growth.But now inflation is job number one for the Fed, and everything else is a distant second.","news_type":1},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995347356,"gmtCreate":1661418100979,"gmtModify":1676536515098,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"It's a good stock as long as long as it keeps releasing new or better&nbsp;versions&nbsp;","listText":"It's a good stock as long as long as it keeps releasing new or better&nbsp;versions&nbsp;","text":"It's a good stock as long as long as it keeps releasing new or better versions","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995347356","repostId":"1155224332","repostType":4,"repost":{"id":"1155224332","pubTimestamp":1661413530,"share":"https://ttm.financial/m/news/1155224332?lang=&edition=fundamental","pubTime":"2022-08-25 15:45","market":"us","language":"en","title":"Apple Stock: Is It Overvalued?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155224332","media":"TheStreet","summary":"One of the main pillars of the bearish thesis on Apple stock is the rich valuation. But compared to ","content":"<html><head></head><body><p>One of the main pillars of the bearish thesis on Apple stock is the rich valuation. But compared to the peer group, maybe AAPL is not so pricey after all.</p><p><b>Apple</b> stock is considered a buy by the majority of analysts that cover the name. According to TipRanks, more than 80% of Wall Street experts think that owning shares is a good idea, while only one analyst has a sell rating on the stock.</p><p>Among skeptics, one of the main arguments against owning AAPL is the elevated P/E ratio. But a closer look at the peer comparison suggests that Apple stock may be more affordable than many seem to believe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/43a857803961118aaec24d329afbb569\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"/><span>Figure 1: Is Apple Stock Overvalued? What The Peer Comparison Says</span></p><p><b>Apple’s valuations: fair, too rich, or a bargain?</b></p><p>The following graph probably explains why so many value investors are cautious about Apple stock today. Notice what has happened to AAPL’s price-to-earnings (or P/E) ratio over the past 10 years:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0553c50e1e51280c4e0a5f50a0ab7313\" tg-width=\"1000\" tg-height=\"485\" width=\"100%\" height=\"auto\"/><span>Figure 2: Apple&#39;s valuation.</span></p><p>Starting a couple of years after the launch of the original iPad, Apple’s P/E fluctuated between 10 and 20 times for a few years. Then, beginning in 2019, the valuation multiple skyrocketed to as high as 44 times early last year, settling now to just below 30 times.</p><p>The multiple expansion happened for a few reasons, the most relevant of which was probably Apple’s business model shift to higher-margin and more predictable services. The post-iPhone X success of Apple’s smartphone segment, along with the company’s generous cash return policy, probably helped too.</p><p>But tech companies, especially those in high growth stages of their lifecycles or whose “moats” are considered wide, tend to command high P/Es. Take a look at the following table comparing some of Apple’s key valuation metrics with those of peers selected by Stock Rover:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a113f08e69b46e338f58200da166c3f0\" tg-width=\"1002\" tg-height=\"278\" width=\"100%\" height=\"auto\"/><span>Figure 3: Apple peers key valuation metrics selected by Stock Rover.</span></p><p>Starting with P/E, in the sixth column, notice how AAPL’s 27.6 times is actually much lower than NVIDIA’s 46.1 and Adobe’s 40.1 times, for example. Part of the reason for AAPL’s more de-risked valuation is the growth profile: while the Cupertino company is expected to increase EPS by 6% next year, NVIDIA and Adobe should deliver growth of 17% instead.</p><p>The only companies on the list with substantially lower P/E vs. Apple are Intel and Cisco, possibly Broadcom. But considering these companies and their industries’ much less encouraging growth profile, it is understandable that these stocks would trade more cheaply.</p><p>Let’s look beyond P/E. On a price-to-FCF (free cash flow) basis, Apple’s 25.6 times multiple seems even cheaper compared to the peer group. Only Broadcom and Cisco, at about 16 times, look substantially more de-risked.</p><p>Apple’s cash flow-based valuation metrics look good because the Cupertino company is particularly competent at turning earnings into hard cash. Tight control of working capital and capex is probably what best supports the argument.</p><p>Lastly, notice how Apple looks quite overvalued on a price-to-book basis. A multiple of 46.1 times, in fact, is an eye sore compared to Salesforce.com’s 3.0 times and Intel’s 1.4 times.</p><p>But here, the metric is deceivingly distorted. Because Apple buys so many of its shares via stock buybacks, the company’s equity size has been shrinking quickly over the years – which is not a bad thing at all. Since equity is the denominator in the P/B ratio, the multiple understandably looks too rich, on the surface.</p><p><b>My views on AAPL’s valuation</b></p><p>I still believe that Apple’s valuations are far from being a bargain. But at the same time, once I look at the peer group comparison, I find it hard to side with the bears as well. To me, AAPL’s P/E is fair and consistent with the robust business fundamentals of the company.</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>Apple Stock: Is It Overvalued?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Is It Overvalued?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 15:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/is-apple-stock-overvalued-what-the-peer-comparison-says><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the main pillars of the bearish thesis on Apple stock is the rich valuation. But compared to the peer group, maybe AAPL is not so pricey after all.Apple stock is considered a buy by the ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/is-apple-stock-overvalued-what-the-peer-comparison-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/is-apple-stock-overvalued-what-the-peer-comparison-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155224332","content_text":"One of the main pillars of the bearish thesis on Apple stock is the rich valuation. But compared to the peer group, maybe AAPL is not so pricey after all.Apple stock is considered a buy by the majority of analysts that cover the name. According to TipRanks, more than 80% of Wall Street experts think that owning shares is a good idea, while only one analyst has a sell rating on the stock.Among skeptics, one of the main arguments against owning AAPL is the elevated P/E ratio. But a closer look at the peer comparison suggests that Apple stock may be more affordable than many seem to believe.Figure 1: Is Apple Stock Overvalued? What The Peer Comparison SaysApple’s valuations: fair, too rich, or a bargain?The following graph probably explains why so many value investors are cautious about Apple stock today. Notice what has happened to AAPL’s price-to-earnings (or P/E) ratio over the past 10 years:Figure 2: Apple's valuation.Starting a couple of years after the launch of the original iPad, Apple’s P/E fluctuated between 10 and 20 times for a few years. Then, beginning in 2019, the valuation multiple skyrocketed to as high as 44 times early last year, settling now to just below 30 times.The multiple expansion happened for a few reasons, the most relevant of which was probably Apple’s business model shift to higher-margin and more predictable services. The post-iPhone X success of Apple’s smartphone segment, along with the company’s generous cash return policy, probably helped too.But tech companies, especially those in high growth stages of their lifecycles or whose “moats” are considered wide, tend to command high P/Es. Take a look at the following table comparing some of Apple’s key valuation metrics with those of peers selected by Stock Rover:Figure 3: Apple peers key valuation metrics selected by Stock Rover.Starting with P/E, in the sixth column, notice how AAPL’s 27.6 times is actually much lower than NVIDIA’s 46.1 and Adobe’s 40.1 times, for example. Part of the reason for AAPL’s more de-risked valuation is the growth profile: while the Cupertino company is expected to increase EPS by 6% next year, NVIDIA and Adobe should deliver growth of 17% instead.The only companies on the list with substantially lower P/E vs. Apple are Intel and Cisco, possibly Broadcom. But considering these companies and their industries’ much less encouraging growth profile, it is understandable that these stocks would trade more cheaply.Let’s look beyond P/E. On a price-to-FCF (free cash flow) basis, Apple’s 25.6 times multiple seems even cheaper compared to the peer group. Only Broadcom and Cisco, at about 16 times, look substantially more de-risked.Apple’s cash flow-based valuation metrics look good because the Cupertino company is particularly competent at turning earnings into hard cash. Tight control of working capital and capex is probably what best supports the argument.Lastly, notice how Apple looks quite overvalued on a price-to-book basis. A multiple of 46.1 times, in fact, is an eye sore compared to Salesforce.com’s 3.0 times and Intel’s 1.4 times.But here, the metric is deceivingly distorted. Because Apple buys so many of its shares via stock buybacks, the company’s equity size has been shrinking quickly over the years – which is not a bad thing at all. Since equity is the denominator in the P/B ratio, the multiple understandably looks too rich, on the surface.My views on AAPL’s valuationI still believe that Apple’s valuations are far from being a bargain. But at the same time, once I look at the peer group comparison, I find it hard to side with the bears as well. To me, AAPL’s P/E is fair and consistent with the robust business fundamentals of the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9071653430,"gmtCreate":1657526075020,"gmtModify":1676536020234,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"Interesting drama behind the scenes","listText":"Interesting drama behind the scenes","text":"Interesting drama behind the scenes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071653430","repostId":"2250606606","repostType":4,"repost":{"id":"2250606606","pubTimestamp":1657516911,"share":"https://ttm.financial/m/news/2250606606?lang=&edition=fundamental","pubTime":"2022-07-11 13:21","market":"us","language":"en","title":"Twitter Didn't Seek a Sale. Now Elon Musk Doesn't Want to Buy. Cue Strange Legal Drama","url":"https://stock-news.laohu8.com/highlight/detail?id=2250606606","media":"The Wall Street Journal","summary":"Elon Musk's showdown with Twitter Inc. has set the stage for what could become one of the most unusu","content":"<html><head></head><body><p>Elon Musk&#39;s showdown with <a href=\"https://laohu8.com/S/TWTR\">Twitter Inc.</a> has set the stage for what could become one of the most unusual courtroom battles in corporate-takeover history -- a spurned acquisition target that never sought to be bought potentially trying to force the buyer who soured on the deal to see it through.</p><p>In just over three months, Mr. Musk aggressively pursued a takeover that Twitter first resisted, then he prevailed and reneged -- all the while using the very platform to ridicule Twitter and its leaders and drop hints about his shifting intentions.</p><p>With Mr. Musk&#39;s attempt to terminate his $44 billion takeover, Twitter says it plans legal action. In a statement Friday, it indicated it will file a lawsuit in the Delaware Court of Chancery arguing Mr. Musk must close the agreed-upon deal.</p><p>Friday evening, he filed papers saying he wanted out, taking aim at Twitter on several fronts and saying the company violated the merger agreement. He accused Twitter of withholding data from him to verify facts about the business and that its statements on the amount of spam on the platform represent material misstatements to regulators. He also argued the company was making critical changes to the ordinary running of the business without his consent, such as imposing a hiring freeze and layoffs.</p><p>Corporate-law experts say Twitter appears to be on sounder legal footing than Mr. Musk. The filing didn&#39;t provide evidence to back up his assertion that the estimate was inaccurate or an alternate calculation. &#34;This isn&#39;t even in the ballpark,&#34; said Zohar Goshen, professor of transactional law at Columbia Law School, adding that the impact on a company&#39;s value needs to be so dramatic that its value would be halved, for example.</p><p>Layoffs and hiring freezes at tech companies in recent weeks also have become commonplace. Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. has cut back on hiring and Mr. Musk&#39;s Tesla Inc. is trimming staff.</p><p>The question remains whether it is really possible to force the eccentric billionaire -- known for eschewing norms even when it gets him in legal trouble -- to buy a company he doesn&#39;t want to own.</p><p>&#34;What are they going to do if there is a judgment and he says, &#39;Well, I&#39;m still not going to buy it&#39;?&#34; said Mr. Goshen. &#34;They don&#39;t really have tools to force him to go through with it. You don&#39;t put people in jail because they don&#39;t buy something.&#34;</p><p>There have been a few examples of buyers being forced to follow through with purchases under the &#34;specific-performance&#34; clause Mr. Musk agreed to, but most were small deals. Never has the concept of a court forcing a buyer to complete a deal been tested on such a large scale.</p><p>Most legal clashes over soured deals end in settlements involving a price cut or one-time payment. Mr. Musk agreed to pay a $1 billion reverse termination fee to Twitter if the deal falls apart, triggered under certain scenarios including if his debt financing falls through or regulators try to block the deal. Neither has occurred.</p><p>The clash pits multiple white-shoe law firms against each other. Twitter has recently retained Wachtell, Lipton, Rosen &amp; Katz, people familiar with the matter said, while Mr. Musk is using Skadden, Arps, Slate, Meagher &amp; Flom LLP. Twitter has already been working with Simpson Thacher &amp; Bartlett LLP and Wilson Sonsini, while Mr. Musk&#39;s team also includes lawyers at Quinn Emanuel Urquhart &amp; Sullivan.</p><p>The agreement caps at $1 billion the amount Twitter could sue for damages, meaning its only options are to sue for specific performance to force him to follow through, or a maximum of $1 billion. A representative for Mr. Musk declined to comment.</p><p>The standoff leaves Twitter in a precarious position, given that its prospects as a stand-alone company are daunting in part because of a digital-advertising market in upheaval. Twitter shares closed at $36.81 Friday, 32% below the $54.20-a-share price Mr. Musk agreed to pay.</p><p>Facing broadsides from Mr. Musk and a softening ad market, Twitter CEO Parag Agrawal has been trying to prepare it for a difficult period ahead, whether under Mr. Musk&#39;s ownership or not. In May, he announced a hiring freeze and belt tightening, saying he was taking action during the takeover because economic conditions had worsened and Twitter couldn&#39;t assume the deal with Mr. Musk would close. This past week, he cut recruiting staff.</p><p>Investors appear unnerved by the latest twist, sending Twitter&#39;s stock 4.81% lower in Friday after-hours trading following Mr. Musk&#39;s disclosure.</p><h2>Musk&#39;s romp</h2><p>Mr. Musk&#39;s Twitter romp began with the unannounced purchase of $22.8 million of Twitter shares on Jan. 31. He kept buying in February and March, building a roughly 9% stake for $2.6 billion and becoming the largest individual investor.</p><p>He took public jabs at Twitter, polling his followers on the site over whether it adheres to free-speech principles and publicly toying with the idea of started a rival. By the time his stake became public on April 4, Mr. Musk had been secretly talking to Twitter for nine days.</p><p>He initially reached out to Jack Dorsey, the company&#39;s co-founder and a friend of Mr. Musk&#39;s, then spoke to director Egon Durban, co-CEO of private-equity firm Silver Lake, another acquaintance, according to a public filing on the deal.</p><p>The discussions began congenially, with Mr. Musk saying he might want to join the board. Then on Apr. 9, hours before taking the board seat Twitter had agreed to give him, he withdrew. Four days later, he made an unsolicited takeover offer at $54.20 a share and made the offer public the subsequent day.</p><p>Twitter initially seemed to turn up its nose but eventually relented -- in part because directors concluded that no one else was likely to have the interest or ability to buy the company at the price Mr. Musk was offering. The billionaire agreed to waive detailed due diligence of Twitter&#39;s business.</p><p>Even as the transaction was coming together, Mr. Musk was voicing concerns about a darkening economic and business outlook. In late March, Tesla had to temporarily shut its auto plant in Shanghai, the company&#39;s largest, as China implemented pandemic restrictions, sending the stock steadily lower. And, on an April 20 earnings call, Mr. Musk talked about mounting inflationary pressures.</p><p>On May 13, Mr. Musk shocked many people involved in the deal with a predawn tweet saying the deal was &#34;temporarily on hold.&#34; He later added he remained committed to seeing it through. He cited questions about Twitter&#39;s estimate that fewer than 5% of its monetizable daily average users are spam or fake accounts.</p><p>Fake accounts are certainly a concern for social-media companies. But Mr. Musk had long been aware of fake accounts on Twitter -- he tweeted about it at least as far back as 2018 -- and Twitter&#39;s estimate hadn&#39;t changed in years. Mr. Musk said repeatedly that part of his goal as owner would be, as he put it in an April 21 tweet, to &#34;defeat the spam bots or die trying!&#34;</p><p>The May 13 bombshell kicked off weeks of public and private back and forth between Mr. Musk, Mr. Agrawal and lawyers and advisers for both sides, according to Friday&#39;s filing. After Mr. Agrawal on May 16 tweeted an explanation of the company&#39;s spam accounting, Mr. Musk responded with a poop emoji, then followed up with a question: &#34;So how do advertisers know what they&#39;re getting for their money? This is fundamental to the financial health of Twitter.&#34;</p><p>Asked on Twitter on May 26 about the prospects of a recession, Mr. Musk said he expected one that could last 12 to 18 months. On May 24, Tesla shares hit their lowest point since June 2021, down nearly 50% from their all-time high in November. The fall had knocked more than $100 billion off Mr. Musk&#39;s net worth, weakening a key asset he was using to help fund the Twitter deal.</p><p>As he was lining up financing, Mr. Musk sold $8.5 billion of Tesla stock over three days. Afterward, he said he planned to sell no further shares. He remains the auto maker&#39;s largest investor, with a stake of around 16%, and planned to borrow against his stake. His original financing plan for Twitter included $12.5 billion from margin loans backed by Tesla stock he owns. But Tesla&#39;s share price kept falling, effectively increasing the number of shares Mr. Musk would have to pledge as collateral.</p><p>About a month after the deal -- with Tesla shares now down 37% from when Mr. Musk agreed to buy Twitter -- Mr. Musk filed a revised funding plan that eliminated the margin loans. Instead, he pledged more equity financing. The funding details left questions about how Mr. Musk would come up with roughly $14 billion of his financing package that he still needed to secure himself or through outside investors.</p><h2>Twitter&#39;s troubles</h2><p>On April 21, Twitter rival <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. had spooked investors with disappointing earnings and a stark warning of trouble in the digital ad market. Twitter, soon after, withdrew all previously provided goals and outlooks with its first quarter earnings, and didn&#39;t provide any forward-looking guidance.</p><p>On May 12, Twitter&#39;s Mr. Agrawal told staff the company was imposing a hiring freeze and cutting back on spending.</p><p>While some Twitter employees expressed optimism that Mr. Musk might reinvigorate the company, many were bewildered about their futures and upset at Mr. Musk&#39;s incessant public hectoring, The Wall Street Journal has reported.</p><p>In the month after the deal was inked, executives held more than a dozen companywide or division-wide meetings to address employee questions. One senior Twitter executive, in a May internal note, called it a &#34;chaos tax.&#34;</p><p>When Mr. Musk on Friday said he was aiming to abandon the deal, a Twitter executive urged employees to refrain from commenting on the matter, citing planned legal action, according to a message viewed by the Journal. That message was shared with outsiders within an hour.<img src=\"https://static.tigerbbs.com/1ab4f1634fa3fac93ce340fd2f783880\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>Mr. Musk on Saturday addressed attendees at the annual Allen &amp; Co. gathering of media and tech leaders in Sun Valley, Idaho, mostly steering clear of Twitter. He focused his remarks on explaining how he forms his opinions and what goes into the conclusions he reaches.</p><p>At one point, he did ask his audience how many thought the number of fake accounts on Twitter was less than 5%, said an attendee, and people seemed hesitant to raise a hand.</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>Twitter Didn't Seek a Sale. Now Elon Musk Doesn't Want to Buy. Cue Strange Legal Drama</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\">\nTwitter Didn't Seek a Sale. Now Elon Musk Doesn't Want to Buy. Cue Strange Legal Drama\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-11 13:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/elon-musk-twitter-strange-legal-fight-11657488572?mod=Searchresults_pos1&page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk's showdown with Twitter Inc. has set the stage for what could become one of the most unusual courtroom battles in corporate-takeover history -- a spurned acquisition target that never sought...</p>\n\n<a href=\"https://www.wsj.com/articles/elon-musk-twitter-strange-legal-fight-11657488572?mod=Searchresults_pos1&page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/elon-musk-twitter-strange-legal-fight-11657488572?mod=Searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2250606606","content_text":"Elon Musk's showdown with Twitter Inc. has set the stage for what could become one of the most unusual courtroom battles in corporate-takeover history -- a spurned acquisition target that never sought to be bought potentially trying to force the buyer who soured on the deal to see it through.In just over three months, Mr. Musk aggressively pursued a takeover that Twitter first resisted, then he prevailed and reneged -- all the while using the very platform to ridicule Twitter and its leaders and drop hints about his shifting intentions.With Mr. Musk's attempt to terminate his $44 billion takeover, Twitter says it plans legal action. In a statement Friday, it indicated it will file a lawsuit in the Delaware Court of Chancery arguing Mr. Musk must close the agreed-upon deal.Friday evening, he filed papers saying he wanted out, taking aim at Twitter on several fronts and saying the company violated the merger agreement. He accused Twitter of withholding data from him to verify facts about the business and that its statements on the amount of spam on the platform represent material misstatements to regulators. He also argued the company was making critical changes to the ordinary running of the business without his consent, such as imposing a hiring freeze and layoffs.Corporate-law experts say Twitter appears to be on sounder legal footing than Mr. Musk. The filing didn't provide evidence to back up his assertion that the estimate was inaccurate or an alternate calculation. \"This isn't even in the ballpark,\" said Zohar Goshen, professor of transactional law at Columbia Law School, adding that the impact on a company's value needs to be so dramatic that its value would be halved, for example.Layoffs and hiring freezes at tech companies in recent weeks also have become commonplace. Facebook parent Meta Platforms Inc. has cut back on hiring and Mr. Musk's Tesla Inc. is trimming staff.The question remains whether it is really possible to force the eccentric billionaire -- known for eschewing norms even when it gets him in legal trouble -- to buy a company he doesn't want to own.\"What are they going to do if there is a judgment and he says, 'Well, I'm still not going to buy it'?\" said Mr. Goshen. \"They don't really have tools to force him to go through with it. You don't put people in jail because they don't buy something.\"There have been a few examples of buyers being forced to follow through with purchases under the \"specific-performance\" clause Mr. Musk agreed to, but most were small deals. Never has the concept of a court forcing a buyer to complete a deal been tested on such a large scale.Most legal clashes over soured deals end in settlements involving a price cut or one-time payment. Mr. Musk agreed to pay a $1 billion reverse termination fee to Twitter if the deal falls apart, triggered under certain scenarios including if his debt financing falls through or regulators try to block the deal. Neither has occurred.The clash pits multiple white-shoe law firms against each other. Twitter has recently retained Wachtell, Lipton, Rosen & Katz, people familiar with the matter said, while Mr. Musk is using Skadden, Arps, Slate, Meagher & Flom LLP. Twitter has already been working with Simpson Thacher & Bartlett LLP and Wilson Sonsini, while Mr. Musk's team also includes lawyers at Quinn Emanuel Urquhart & Sullivan.The agreement caps at $1 billion the amount Twitter could sue for damages, meaning its only options are to sue for specific performance to force him to follow through, or a maximum of $1 billion. A representative for Mr. Musk declined to comment.The standoff leaves Twitter in a precarious position, given that its prospects as a stand-alone company are daunting in part because of a digital-advertising market in upheaval. Twitter shares closed at $36.81 Friday, 32% below the $54.20-a-share price Mr. Musk agreed to pay.Facing broadsides from Mr. Musk and a softening ad market, Twitter CEO Parag Agrawal has been trying to prepare it for a difficult period ahead, whether under Mr. Musk's ownership or not. In May, he announced a hiring freeze and belt tightening, saying he was taking action during the takeover because economic conditions had worsened and Twitter couldn't assume the deal with Mr. Musk would close. This past week, he cut recruiting staff.Investors appear unnerved by the latest twist, sending Twitter's stock 4.81% lower in Friday after-hours trading following Mr. Musk's disclosure.Musk's rompMr. Musk's Twitter romp began with the unannounced purchase of $22.8 million of Twitter shares on Jan. 31. He kept buying in February and March, building a roughly 9% stake for $2.6 billion and becoming the largest individual investor.He took public jabs at Twitter, polling his followers on the site over whether it adheres to free-speech principles and publicly toying with the idea of started a rival. By the time his stake became public on April 4, Mr. Musk had been secretly talking to Twitter for nine days.He initially reached out to Jack Dorsey, the company's co-founder and a friend of Mr. Musk's, then spoke to director Egon Durban, co-CEO of private-equity firm Silver Lake, another acquaintance, according to a public filing on the deal.The discussions began congenially, with Mr. Musk saying he might want to join the board. Then on Apr. 9, hours before taking the board seat Twitter had agreed to give him, he withdrew. Four days later, he made an unsolicited takeover offer at $54.20 a share and made the offer public the subsequent day.Twitter initially seemed to turn up its nose but eventually relented -- in part because directors concluded that no one else was likely to have the interest or ability to buy the company at the price Mr. Musk was offering. The billionaire agreed to waive detailed due diligence of Twitter's business.Even as the transaction was coming together, Mr. Musk was voicing concerns about a darkening economic and business outlook. In late March, Tesla had to temporarily shut its auto plant in Shanghai, the company's largest, as China implemented pandemic restrictions, sending the stock steadily lower. And, on an April 20 earnings call, Mr. Musk talked about mounting inflationary pressures.On May 13, Mr. Musk shocked many people involved in the deal with a predawn tweet saying the deal was \"temporarily on hold.\" He later added he remained committed to seeing it through. He cited questions about Twitter's estimate that fewer than 5% of its monetizable daily average users are spam or fake accounts.Fake accounts are certainly a concern for social-media companies. But Mr. Musk had long been aware of fake accounts on Twitter -- he tweeted about it at least as far back as 2018 -- and Twitter's estimate hadn't changed in years. Mr. Musk said repeatedly that part of his goal as owner would be, as he put it in an April 21 tweet, to \"defeat the spam bots or die trying!\"The May 13 bombshell kicked off weeks of public and private back and forth between Mr. Musk, Mr. Agrawal and lawyers and advisers for both sides, according to Friday's filing. After Mr. Agrawal on May 16 tweeted an explanation of the company's spam accounting, Mr. Musk responded with a poop emoji, then followed up with a question: \"So how do advertisers know what they're getting for their money? This is fundamental to the financial health of Twitter.\"Asked on Twitter on May 26 about the prospects of a recession, Mr. Musk said he expected one that could last 12 to 18 months. On May 24, Tesla shares hit their lowest point since June 2021, down nearly 50% from their all-time high in November. The fall had knocked more than $100 billion off Mr. Musk's net worth, weakening a key asset he was using to help fund the Twitter deal.As he was lining up financing, Mr. Musk sold $8.5 billion of Tesla stock over three days. Afterward, he said he planned to sell no further shares. He remains the auto maker's largest investor, with a stake of around 16%, and planned to borrow against his stake. His original financing plan for Twitter included $12.5 billion from margin loans backed by Tesla stock he owns. But Tesla's share price kept falling, effectively increasing the number of shares Mr. Musk would have to pledge as collateral.About a month after the deal -- with Tesla shares now down 37% from when Mr. Musk agreed to buy Twitter -- Mr. Musk filed a revised funding plan that eliminated the margin loans. Instead, he pledged more equity financing. The funding details left questions about how Mr. Musk would come up with roughly $14 billion of his financing package that he still needed to secure himself or through outside investors.Twitter's troublesOn April 21, Twitter rival Snap Inc. had spooked investors with disappointing earnings and a stark warning of trouble in the digital ad market. Twitter, soon after, withdrew all previously provided goals and outlooks with its first quarter earnings, and didn't provide any forward-looking guidance.On May 12, Twitter's Mr. Agrawal told staff the company was imposing a hiring freeze and cutting back on spending.While some Twitter employees expressed optimism that Mr. Musk might reinvigorate the company, many were bewildered about their futures and upset at Mr. Musk's incessant public hectoring, The Wall Street Journal has reported.In the month after the deal was inked, executives held more than a dozen companywide or division-wide meetings to address employee questions. One senior Twitter executive, in a May internal note, called it a \"chaos tax.\"When Mr. Musk on Friday said he was aiming to abandon the deal, a Twitter executive urged employees to refrain from commenting on the matter, citing planned legal action, according to a message viewed by the Journal. That message was shared with outsiders within an hour.Mr. Musk on Saturday addressed attendees at the annual Allen & Co. gathering of media and tech leaders in Sun Valley, Idaho, mostly steering clear of Twitter. He focused his remarks on explaining how he forms his opinions and what goes into the conclusions he reaches.At one point, he did ask his audience how many thought the number of fake accounts on Twitter was less than 5%, said an attendee, and people seemed hesitant to raise a hand.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957132927,"gmtCreate":1677074113869,"gmtModify":1677074117326,"author":{"id":"4092995662740600","authorId":"4092995662740600","name":"skyblue8","avatar":"https://static.tigerbbs.com/47ce6f29ae4a66da5881dacedb8d4754","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092995662740600","authorIdStr":"4092995662740600"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$ </a>&nbsp;Time to buy?&nbsp;","listText":"<a href=\"https://ttm.financial/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$ </a>&nbsp;Time to buy?&nbsp;","text":"$Tencent Holding Ltd.(TCEHY)$ Time to buy?","images":[{"img":"https://community-static.tradeup.com/news/51cb9b5b3f794a3982f47438cee5cb07","width":"1212","height":"2290"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957132927","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}