Ragz personal page - To The Moon

Ragz

Ragz

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10-14

By the end of the year, I hope to be well versed in the art of options trading.

10-10

It has been a bullish season for most stocks

09-07

Ragz is my shortened form of the word Ragamuffin, a person who may be dressed in rags but has freedom, ragga-styled. @Vince1965 @Leo Di Leo @Taputurangi @k_ristovski @Barcode @BotakGuy

08-04

I love the iconic Eiffel Tower, a truly unique and magnificent structure.

07-04

Interesting interview with wise advice in trading & to minimise loss @Vince1965 @XianLi

@TigerClub:[Trade Feed] @ZEROHERO: From 1000% Returns on SPACs to the Power of Compounding

06-29

Great event, Tiger Brokers 🎉🎂🎊

06-22

With EVs gradually replacing petrol vehicles, oil prices will decrease. It sounds prudent to sell if oil prices reach $95.

05-28

Are there any plans to expand FFIE operations to Europe in the near future?

05-15

The whales are out to play. Follow the trend to know when they dump.

05-11

Times of Your Lives - Paul Anka Nostalgic song to recollect old times, good and bad. For memories are times that you borrow, to spend when you get to tomorrow.

05-05

The Path of the Masters by Julian Johnson, a spiritual classic

05-05

Property. Buy property 👍🏽

05-04

Looking at the present bullish market streak, it looks like a buy season in May

05-04

Mr Buffett, what do you consider to be the secret of your longevity?

05-01

Coinbase has earned Zacks highest evaluation of #1, meaning a Strong Buy. The earnings report should boost its stock value.

04-27

I like your style of specialising and concentrating in just a few shares. @k_ristovski @Leo Di Leo @Vince1965

@TigerClub:[Trade Feed] @Optionspuppy: Generating $500~1K Monthly Income through Premiums & Dividends

04-27

As Adam Khoo says, don't listen to anyone...

03-31

1. Marina Bay Sands Hotel 2. Opera House, Sydney 3. Temple of Heaven, Beijing 4. Sky Tower, Auckland 5. Victoria Park viewpoint 6. Apple Park, Cupertino

03-30

January was bad, February better, March good. Overall my RoR has been 4.86%, which is still below Nasdaq. The rest of the year should be bullish.

02-21

This dragon has eyes that shoot out fire to symbolise an aggressive outlook for this year

Go to Tiger App to see more news

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been a bullish season for most stocks","text":"It has been a bullish season for most stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358340676714856","isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346591911518336,"gmtCreate":1725646592559,"gmtModify":1725646597569,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Ragz is my shortened form of the word Ragamuffin, a person who may be dressed in rags but has freedom, ragga-styled. <a href=\"https://ttm.financial/U/3579739630554436\"> @Vince1965 </a><a href=\"https://ttm.financial/U/4112139361872422\"> @Leo Di Leo </a><a href=\"https://ttm.financial/U/4145363458410462\"> @Taputurangi </a><a href=\"https://ttm.financial/U/4112018890778272\"> @k_ristovski </a><a href=\"https://ttm.financial/U/4171900329979952\"> @Barcode </a><a href=\"https://ttm.financial/U/3557831813182222\"> @BotakGuy </a>","listText":"Ragz is my shortened form of the word Ragamuffin, a person who may be dressed in rags but has freedom, ragga-styled. <a href=\"https://ttm.financial/U/3579739630554436\"> @Vince1965 </a><a href=\"https://ttm.financial/U/4112139361872422\"> @Leo Di Leo </a><a href=\"https://ttm.financial/U/4145363458410462\"> @Taputurangi </a><a href=\"https://ttm.financial/U/4112018890778272\"> @k_ristovski </a><a href=\"https://ttm.financial/U/4171900329979952\"> @Barcode </a><a href=\"https://ttm.financial/U/3557831813182222\"> @BotakGuy </a>","text":"Ragz is my shortened form of the word Ragamuffin, a person who may be dressed in rags but has freedom, ragga-styled. @Vince1965 @Leo Di Leo @Taputurangi @k_ristovski @Barcode @BotakGuy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":1,"link":"https://ttm.financial/post/346591911518336","isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"content":"@Ragz Ragz, your “Ragamuffin” vibe is spot-on! I love it❣️You may feel like you’re rocking rags, but freedom and style are your real assets. Guess what? Some of the richest billionaires out there are following your lead! It’s not about flashy designer suits anymore~it’s about efficiency, focus, and keeping things simple. Take Steve Jobs and his black turtleneck, jeans, and sneakers were practically as iconic as the $Apple(AAPL)$ iPhone! 🍎🍏 He understood that simplicity equals focus, and focus builds empires. Mark Zuckerberg $Meta Platforms, Inc.(META)$ ? Same playbook: grey T-shirt and jeans, daily. Why? Less time picking clothes, more time scaling Meta to billions. And let’s not forget Warren Buffett $Berkshire Hathaway(BRK.A)$ , dressing like your everyday neighbour on a weekend yard sale hunt~while managing billions. Talk about efficiency over fashion! Here’s the kicker: you really can’t judge a book~or a billionaire~by their cover! Minimalist living, decision-making efficiency, and cutting out distractions are key ingredients to their success. When you’re not stressing over the wardrobe, you’re laser-focused on making that serious cash flow. Success doesn’t always wear a suit~it can look like your favourite T-shirt and jeans. Ragz, you’re already ahead of the curve! Happy trading ahead. Cheers, BC 🍀","text":"@Ragz Ragz, your “Ragamuffin” vibe is spot-on! I love it❣️You may feel like you’re rocking rags, but freedom and style are your real assets. Guess what? Some of the richest billionaires out there are following your lead! It’s not about flashy designer suits anymore~it’s about efficiency, focus, and keeping things simple. Take Steve Jobs and his black turtleneck, jeans, and sneakers were practically as iconic as the $Apple(AAPL)$ iPhone! 🍎🍏 He understood that simplicity equals focus, and focus builds empires. Mark Zuckerberg $Meta Platforms, Inc.(META)$ ? Same playbook: grey T-shirt and jeans, daily. Why? Less time picking clothes, more time scaling Meta to billions. And let’s not forget Warren Buffett $Berkshire Hathaway(BRK.A)$ , dressing like your everyday neighbour on a weekend yard sale hunt~while managing billions. Talk about efficiency over fashion! Here’s the kicker: you really can’t judge a book~or a billionaire~by their cover! Minimalist living, decision-making efficiency, and cutting out distractions are key ingredients to their success. When you’re not stressing over the wardrobe, you’re laser-focused on making that serious cash flow. Success doesn’t always wear a suit~it can look like your favourite T-shirt and jeans. Ragz, you’re already ahead of the curve! Happy trading ahead. Cheers, BC 🍀","html":"@Ragz Ragz, your “Ragamuffin” vibe is spot-on! I love it❣️You may feel like you’re rocking rags, but freedom and style are your real assets. Guess what? Some of the richest billionaires out there are following your lead! It’s not about flashy designer suits anymore~it’s about efficiency, focus, and keeping things simple. Take Steve Jobs and his black turtleneck, jeans, and sneakers were practically as iconic as the $Apple(AAPL)$ iPhone! 🍎🍏 He understood that simplicity equals focus, and focus builds empires. Mark Zuckerberg $Meta Platforms, Inc.(META)$ ? Same playbook: grey T-shirt and jeans, daily. Why? Less time picking clothes, more time scaling Meta to billions. And let’s not forget Warren Buffett $Berkshire Hathaway(BRK.A)$ , dressing like your everyday neighbour on a weekend yard sale hunt~while managing billions. Talk about efficiency over fashion! Here’s the kicker: you really can’t judge a book~or a billionaire~by their cover! Minimalist living, decision-making efficiency, and cutting out distractions are key ingredients to their success. When you’re not stressing over the wardrobe, you’re laser-focused on making that serious cash flow. Success doesn’t always wear a suit~it can look like your favourite T-shirt and jeans. Ragz, you’re already ahead of the curve! Happy trading ahead. Cheers, BC 🍀"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":334512125186184,"gmtCreate":1722701297081,"gmtModify":1722701301029,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"I love the iconic Eiffel Tower, a truly unique and magnificent structure.","listText":"I love the iconic Eiffel Tower, a truly unique and magnificent structure.","text":"I love the iconic Eiffel Tower, a truly unique and magnificent structure.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/334512125186184","isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323706760626296,"gmtCreate":1720055449652,"gmtModify":1720055453464,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Interesting interview with wise advice in trading &amp; to minimise loss <a href=\"https://ttm.financial/U/3579739630554436\"> @Vince1965 </a><a href=\"https://ttm.financial/U/3479274726989542\"> @XianLi </a>","listText":"Interesting interview with wise advice in trading &amp; to minimise loss <a href=\"https://ttm.financial/U/3579739630554436\"> @Vince1965 </a><a href=\"https://ttm.financial/U/3479274726989542\"> @XianLi </a>","text":"Interesting interview with wise advice in trading & to minimise loss @Vince1965 @XianLi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323706760626296","repostId":"323118701363440","repostType":1,"repost":{"id":323118701363440,"gmtCreate":1719910734680,"gmtModify":1719926402132,"author":{"id":"3527667671414981","authorId":"3527667671414981","name":"TigerClub","avatar":"https://static.tigerbbs.com/c0f6fba0673df1de1c5c31bb2b4f6d4e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667671414981","authorIdStr":"3527667671414981"},"themes":[],"title":"[Trade Feed] @ZEROHERO: From 1000% Returns on SPACs to the Power of Compounding","htmlText":"<a href=\"https://ttm.financial/U/3566532164444643\">@ZEROHERO</a> is a skilled investor and trader with a strong background in art education and remarkable financial market acumen. His adaptable strategies have yielded significant returns, especially in SPACs, options trading and day trading. ZEROHERO's insights into market dynamics help him profit steadily even in volatile conditions.Whether you're new to investing or a seasoned trader, ZEROHERO's experience can elevate your trading skills. Follow his steps to learn how to start small, build big dreams, and uncover the true value of trading. Join us in witnessing and participating in ZEROHERO's journey towards wealth growth and personal development.Want to know his real-time trading?","listText":"<a href=\"https://ttm.financial/U/3566532164444643\">@ZEROHERO</a> is a skilled investor and trader with a strong background in art education and remarkable financial market acumen. His adaptable strategies have yielded significant returns, especially in SPACs, options trading and day trading. ZEROHERO's insights into market dynamics help him profit steadily even in volatile conditions.Whether you're new to investing or a seasoned trader, ZEROHERO's experience can elevate your trading skills. Follow his steps to learn how to start small, build big dreams, and uncover the true value of trading. Join us in witnessing and participating in ZEROHERO's journey towards wealth growth and personal development.Want to know his real-time trading?","text":"@ZEROHERO is a skilled investor and trader with a strong background in art education and remarkable financial market acumen. His adaptable strategies have yielded significant returns, especially in SPACs, options trading and day trading. ZEROHERO's insights into market dynamics help him profit steadily even in volatile conditions.Whether you're new to investing or a seasoned trader, ZEROHERO's experience can elevate your trading skills. Follow his steps to learn how to start small, build big dreams, and uncover the true value of trading. Join us in witnessing and participating in ZEROHERO's journey towards wealth growth and personal development.Want to know his real-time trading?","images":[{"img":"https://community-static.tradeup.com/news/7be90bcab8bc32601b1058de613d3030","width":"1080","height":"1080"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323118701363440","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":9,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321882120499392,"gmtCreate":1719614868755,"gmtModify":1719614873224,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Great event, Tiger Brokers 🎉🎂🎊","listText":"Great event, Tiger Brokers 🎉🎂🎊","text":"Great event, Tiger Brokers 🎉🎂🎊","images":[{"img":"https://community-static.tradeup.com/news/d2b692181284cc5d7a845029a99960b5"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321882120499392","isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":319397733658848,"gmtCreate":1719007166917,"gmtModify":1719007170916,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"With EVs gradually replacing petrol vehicles, oil prices will decrease. It sounds prudent to sell if oil prices reach $95.","listText":"With EVs gradually replacing petrol vehicles, oil prices will decrease. It sounds prudent to sell if oil prices reach $95.","text":"With EVs gradually replacing petrol vehicles, oil prices will decrease. It sounds prudent to sell if oil prices reach $95.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319397733658848","isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310744111648808,"gmtCreate":1716870818917,"gmtModify":1716870822920,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Are there any plans to expand FFIE operations to Europe in the near future?","listText":"Are there any plans to expand FFIE operations to Europe in the near future?","text":"Are there any plans to expand FFIE operations to Europe in the near future?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310744111648808","isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":305848310202432,"gmtCreate":1715705250462,"gmtModify":1715705254280,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"The whales are out to play.&nbsp; Follow the trend to&nbsp;know when they dump.&nbsp;","listText":"The whales are out to play.&nbsp; Follow the trend to&nbsp;know when they dump.&nbsp;","text":"The whales are out to play. Follow the trend to know when they dump.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/305848310202432","isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":304517707546928,"gmtCreate":1715379644168,"gmtModify":1715379648746,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Times of Your Lives - Paul Anka Nostalgic song to recollect old times, good and bad. For memories are times that you borrow, to spend when you get to tomorrow.","listText":"Times of Your Lives - Paul Anka Nostalgic song to recollect old times, good and bad. For memories are times that you borrow, to spend when you get to tomorrow.","text":"Times of Your Lives - Paul Anka Nostalgic song to recollect old times, good and bad. For memories are times that you borrow, to spend when you get to tomorrow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/304517707546928","isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":302478175481888,"gmtCreate":1714863232385,"gmtModify":1714863236972,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"The Path of the Masters by Julian Johnson, a spiritual classic","listText":"The Path of the Masters by Julian Johnson, a spiritual classic","text":"The Path of the Masters by Julian Johnson, a spiritual classic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/302478175481888","isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":302460827250848,"gmtCreate":1714862399068,"gmtModify":1714862403097,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Property. Buy property 👍🏽","listText":"Property. Buy property 👍🏽","text":"Property. Buy property 👍🏽","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/302460827250848","isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":302093457051808,"gmtCreate":1714772709078,"gmtModify":1714772712709,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Looking at the present bullish market streak, it looks like&nbsp;a buy season in May","listText":"Looking at the present bullish market streak, it looks like&nbsp;a buy season in May","text":"Looking at the present bullish market streak, it looks like a buy season in May","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/302093457051808","isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":302092549767264,"gmtCreate":1714772484155,"gmtModify":1714772487894,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Mr Buffett, what do you consider to be the secret of your longevity?","listText":"Mr Buffett, what do you consider to be the secret of your longevity?","text":"Mr Buffett, what do you consider to be the secret of your longevity?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/302092549767264","isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301037313175584,"gmtCreate":1714511459361,"gmtModify":1714511649280,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Coinbase has earned Zacks highest evaluation of #1, meaning a Strong Buy. The earnings report should boost its stock value.","listText":"Coinbase has earned Zacks highest evaluation of #1, meaning a Strong Buy. The earnings report should boost its stock value.","text":"Coinbase has earned Zacks highest evaluation of #1, meaning a Strong Buy. The earnings report should boost its stock value.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301037313175584","isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299658940645400,"gmtCreate":1714178339973,"gmtModify":1714178343751,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"I like your style of specialising and concentrating in just a few shares. <a href=\"https://ttm.financial/U/4112018890778272\"> @k_ristovski </a><a href=\"https://ttm.financial/U/4112139361872422\"> @Leo Di Leo </a><a href=\"https://ttm.financial/U/3579739630554436\"> @Vince1965 </a>","listText":"I like your style of specialising and concentrating in just a few shares. <a href=\"https://ttm.financial/U/4112018890778272\"> @k_ristovski </a><a href=\"https://ttm.financial/U/4112139361872422\"> @Leo Di Leo </a><a href=\"https://ttm.financial/U/3579739630554436\"> @Vince1965 </a>","text":"I like your style of specialising and concentrating in just a few shares. @k_ristovski @Leo Di Leo @Vince1965","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299658940645400","repostId":"299426115092480","repostType":1,"repost":{"id":299426115092480,"gmtCreate":1714107835444,"gmtModify":1714114802174,"author":{"id":"3527667671414981","authorId":"3527667671414981","name":"TigerClub","avatar":"https://static.tigerbbs.com/c0f6fba0673df1de1c5c31bb2b4f6d4e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667671414981","authorIdStr":"3527667671414981"},"themes":[],"title":"[Trade Feed] @Optionspuppy: Generating $500~1K Monthly Income through Premiums & Dividends","htmlText":"<a href=\"https://ttm.financial/U/4089501973615070\">@Optionspuppy</a> has long been a Star Contributor in the Tiger Community, consistently providing valuable content. In trading, he primarily focuses on <a href=\"https://ttm.financial/S/QQQM\">$Invesco NASDAQ 100 ETF(QQQM)$</a> , <a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> , <a href=\"https://ttm.financial/S/MFC\">$Manulife(MFC)$</a> , <a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> , and <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> , and often utilizes the strangle option strategy for dividend stocks to generate income.He exercises caution in position management by keeping half of his available cash in Tiger vault to safeguard against market crashes. Currently, he has achieved a year-t","listText":"<a href=\"https://ttm.financial/U/4089501973615070\">@Optionspuppy</a> has long been a Star Contributor in the Tiger Community, consistently providing valuable content. In trading, he primarily focuses on <a href=\"https://ttm.financial/S/QQQM\">$Invesco NASDAQ 100 ETF(QQQM)$</a> , <a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> , <a href=\"https://ttm.financial/S/MFC\">$Manulife(MFC)$</a> , <a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> , and <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> , and often utilizes the strangle option strategy for dividend stocks to generate income.He exercises caution in position management by keeping half of his available cash in Tiger vault to safeguard against market crashes. Currently, he has achieved a year-t","text":"@Optionspuppy has long been a Star Contributor in the Tiger Community, consistently providing valuable content. In trading, he primarily focuses on $Invesco NASDAQ 100 ETF(QQQM)$ , $Palantir Technologies Inc.(PLTR)$ , $Manulife(MFC)$ , $Alphabet(GOOG)$ , and $Apple(AAPL)$ , and often utilizes the strangle option strategy for dividend stocks to generate income.He exercises caution in position management by keeping half of his available cash in Tiger vault to safeguard against market crashes. Currently, he has achieved a year-t","images":[{"img":"https://community-static.tradeup.com/news/8040b9cc7850ea745c3a2b2ad8ce5c0f","width":"1080","height":"1080"},{"img":"https://community-static.tradeup.com/news/b76a921f0e6ac025eda3f5c79a6be33c","width":"794","height":"1280"},{"img":"https://community-static.tradeup.com/news/3e5a73ebf27b97bab8fcf17cf094ac6f","width":"854","height":"1280"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299426115092480","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299613001900120,"gmtCreate":1714167125523,"gmtModify":1714167130666,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"As Adam Khoo says, don't listen to anyone...","listText":"As Adam Khoo says, don't listen to anyone...","text":"As Adam Khoo says, don't listen to anyone...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299613001900120","isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":290185584935160,"gmtCreate":1711852735440,"gmtModify":1711852741301,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"1. Marina Bay Sands Hotel 2. Opera House, Sydney 3. Temple of Heaven, Beijing 4. Sky Tower, Auckland 5. Victoria Park viewpoint 6. Apple Park, Cupertino","listText":"1. Marina Bay Sands Hotel 2. Opera House, Sydney 3. Temple of Heaven, Beijing 4. Sky Tower, Auckland 5. Victoria Park viewpoint 6. Apple Park, Cupertino","text":"1. Marina Bay Sands Hotel 2. Opera House, Sydney 3. Temple of Heaven, Beijing 4. Sky Tower, Auckland 5. Victoria Park viewpoint 6. Apple Park, Cupertino","images":[{"img":"https://community-static.tradeup.com/news/7eb5384cc7d72d3f7829d297b2fc6067"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/290185584935160","isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":289692151091216,"gmtCreate":1711732192686,"gmtModify":1711732196368,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"January was bad, February better, March good. Overall my RoR has been 4.86%, which is still below Nasdaq. The rest of the year should be bullish.","listText":"January was bad, February better, March good. Overall my RoR has been 4.86%, which is still below Nasdaq. The rest of the year should be bullish.","text":"January was bad, February better, March good. Overall my RoR has been 4.86%, which is still below Nasdaq. The rest of the year should be bullish.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289692151091216","isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":276230909395120,"gmtCreate":1708469350020,"gmtModify":1708469355093,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"This dragon has eyes that shoot out fire to symbolise an aggressive outlook for this year","listText":"This dragon has eyes that shoot out fire to symbolise an aggressive outlook for this year","text":"This dragon has eyes that shoot out fire to symbolise an aggressive outlook for this year","images":[{"img":"https://community-static.tradeup.com/news/ae7c2d82423ad627042a96795ab90bbf"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/276230909395120","isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9056961550,"gmtCreate":1654922931570,"gmtModify":1676535535607,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Time to take a break//<a href=\"https://laohu8.com/U/3572923586954779\">@LimLS</a>:Looks like the previous talk of inflation had peaked is no longer valid. Chances of 0.5 hike in Sept will be high. In fact, if a 0.75 hike is being propose for June, I will not be surprised. But let's hope this will not happen for 15th June FOMC. Because if this really happens, the market will fall even further. Fed is now stuck in a tough position. They cannot slow down in their hike/QT to take care of the falling market. They cannot increase too fast because this might cause the economy to suffer due to rising rates. Most likely Fed will persist on hike as they have already warned about incoming \"pain\" and they also have the trust issue. They cannot flip flop on their hike decision else people will no longer","listText":"Time to take a break//<a href=\"https://laohu8.com/U/3572923586954779\">@LimLS</a>:Looks like the previous talk of inflation had peaked is no longer valid. Chances of 0.5 hike in Sept will be high. In fact, if a 0.75 hike is being propose for June, I will not be surprised. But let's hope this will not happen for 15th June FOMC. Because if this really happens, the market will fall even further. Fed is now stuck in a tough position. They cannot slow down in their hike/QT to take care of the falling market. They cannot increase too fast because this might cause the economy to suffer due to rising rates. Most likely Fed will persist on hike as they have already warned about incoming \"pain\" and they also have the trust issue. They cannot flip flop on their hike decision else people will no longer","text":"Time to take a break//@LimLS:Looks like the previous talk of inflation had peaked is no longer valid. Chances of 0.5 hike in Sept will be high. In fact, if a 0.75 hike is being propose for June, I will not be surprised. But let's hope this will not happen for 15th June FOMC. Because if this really happens, the market will fall even further. Fed is now stuck in a tough position. They cannot slow down in their hike/QT to take care of the falling market. They cannot increase too fast because this might cause the economy to suffer due to rising rates. Most likely Fed will persist on hike as they have already warned about incoming \"pain\" and they also have the trust issue. They cannot flip flop on their hike decision else people will no longer","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":24,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9056961550","repostId":"1108712122","repostType":4,"repost":{"id":"1108712122","pubTimestamp":1654902743,"share":"https://ttm.financial/m/news/1108712122?lang=&edition=fundamental","pubTime":"2022-06-11 07:12","market":"us","language":"en","title":"Wall Street Suffers Biggest Weekly Loss Since January After Hot CPI Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1108712122","media":"StreetInsider","summary":"U.S. stocks posted their biggest weekly percentage declines since January and ended sharply lower on","content":"<html><head></head><body><p>U.S. stocks posted their biggest weekly percentage declines since January and ended sharply lower on the day Friday as a steeper-than-expected rise in U.S. consumer prices in May fueled fears of more aggressive interest rate hikes by the Federal Reserve.</p><p>Tech and growth stocks, whose valuations rely more heavily on future cash flows, led the decline. Microsoft Corp, Amazon.com Inc and Apple Inc drove losses in the S&amp;P 500.</p><p>Following the inflation report, two-year Treasury yields, which are highly sensitive to rate hikes, spiked to 3.057%, the highest since June 2008. Benchmark 10-year yields reached 3.178%, the highest since May 9.</p><p>The U.S. Labor Department&#39;s report showed the consumer price index (CPI) increased 1.0% last month after gaining 0.3% in April. Economists polled by Reuters had forecast the monthly CPI picking up 0.7%.</p><p>Year-on-year, CPI surged 8.6%, its biggest gain since 1981 and following an 8.3% jump in May.</p><p>Stocks have been volatile this year, and recent selling has largely been tied to worries over inflation, rising interest rates and the likelihood of a recession.</p><p>&#34;Today&#39;s report should extinguish any pretense that a &#39;pause&#39; in rate hikes will likely be appropriate by the end of summer, as the Fed is clearly still behind the eight ball on bringing inflation under control,&#34; said Jason Pride, chief investment officer for private wealth at Glenmede in Philadelphia.</p><p>The Dow Jones Industrial Average fell 880 points, or 2.73%, to 31,392.79; the S&amp;P 500 lost 116.96 points, or 2.91%, to 3,900.86; and the Nasdaq Composite dropped 414.20 points, or 3.52%, to 11,340.02.</p><p>The major indexes registered their biggest weekly percentage drops since the week ended Jan. 21, with the Dow down 4.58%, the S&amp;P 500 down 5.06% and the Nasdaq down 5.60% for the week.</p><p>The S&amp;P 500 is now down 18.2% for the year so far.</p><p>On Friday, the S&amp;P 500 growth index took a 3.7% hit, while the value index fell 2.2%.</p><p>The inflation report was published ahead of an anticipated second 50 basis points rate hike from the Fed on Wednesday. A further half-percentage-point is priced in for July, with a strong chance of a similar move in September.</p><p>One worry is that an aggressive push higher on rates by the Fed could send the economy into recession.</p><p>Among the day&#39;s losers, Netflix Inc slid 5.1% after Goldman downgraded the streaming video giant&#39;s stock to &#34;sell&#34; from &#34;neutral&#34; due to a possibly weaker macro environment.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 5.70-to-1 ratio; on Nasdaq, a 4.05-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted one new 52-week high and 44 new lows; the Nasdaq Composite recorded 17 new highs and 326 new lows.</p><p>Volume on U.S. exchanges was 12.62 billion shares, compared with the 11.88 billion average for the full session over the last 20 trading days.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Suffers Biggest Weekly Loss Since January After Hot CPI Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Suffers Biggest Weekly Loss Since January After Hot CPI Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-11 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/ETFs/Wall+Street+suffers+biggest+weekly+loss+since+January+after+hot+CPI+data/20199959.html><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks posted their biggest weekly percentage declines since January and ended sharply lower on the day Friday as a steeper-than-expected rise in U.S. consumer prices in May fueled fears of more ...</p>\n\n<a href=\"https://www.streetinsider.com/ETFs/Wall+Street+suffers+biggest+weekly+loss+since+January+after+hot+CPI+data/20199959.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.streetinsider.com/ETFs/Wall+Street+suffers+biggest+weekly+loss+since+January+after+hot+CPI+data/20199959.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108712122","content_text":"U.S. stocks posted their biggest weekly percentage declines since January and ended sharply lower on the day Friday as a steeper-than-expected rise in U.S. consumer prices in May fueled fears of more aggressive interest rate hikes by the Federal Reserve.Tech and growth stocks, whose valuations rely more heavily on future cash flows, led the decline. Microsoft Corp, Amazon.com Inc and Apple Inc drove losses in the S&P 500.Following the inflation report, two-year Treasury yields, which are highly sensitive to rate hikes, spiked to 3.057%, the highest since June 2008. Benchmark 10-year yields reached 3.178%, the highest since May 9.The U.S. Labor Department's report showed the consumer price index (CPI) increased 1.0% last month after gaining 0.3% in April. Economists polled by Reuters had forecast the monthly CPI picking up 0.7%.Year-on-year, CPI surged 8.6%, its biggest gain since 1981 and following an 8.3% jump in May.Stocks have been volatile this year, and recent selling has largely been tied to worries over inflation, rising interest rates and the likelihood of a recession.\"Today's report should extinguish any pretense that a 'pause' in rate hikes will likely be appropriate by the end of summer, as the Fed is clearly still behind the eight ball on bringing inflation under control,\" said Jason Pride, chief investment officer for private wealth at Glenmede in Philadelphia.The Dow Jones Industrial Average fell 880 points, or 2.73%, to 31,392.79; the S&P 500 lost 116.96 points, or 2.91%, to 3,900.86; and the Nasdaq Composite dropped 414.20 points, or 3.52%, to 11,340.02.The major indexes registered their biggest weekly percentage drops since the week ended Jan. 21, with the Dow down 4.58%, the S&P 500 down 5.06% and the Nasdaq down 5.60% for the week.The S&P 500 is now down 18.2% for the year so far.On Friday, the S&P 500 growth index took a 3.7% hit, while the value index fell 2.2%.The inflation report was published ahead of an anticipated second 50 basis points rate hike from the Fed on Wednesday. A further half-percentage-point is priced in for July, with a strong chance of a similar move in September.One worry is that an aggressive push higher on rates by the Fed could send the economy into recession.Among the day's losers, Netflix Inc slid 5.1% after Goldman downgraded the streaming video giant's stock to \"sell\" from \"neutral\" due to a possibly weaker macro environment.Declining issues outnumbered advancing ones on the NYSE by a 5.70-to-1 ratio; on Nasdaq, a 4.05-to-1 ratio favored decliners.The S&P 500 posted one new 52-week high and 44 new lows; the Nasdaq Composite recorded 17 new highs and 326 new lows.Volume on U.S. exchanges was 12.62 billion shares, compared with the 11.88 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3586655119950414","authorId":"3586655119950414","name":"Doge2theMoon","avatar":"https://static.tigerbbs.com/cd1b564f8bed71eac62bc987f04bbce0","crmLevel":2,"crmLevelSwitch":1,"idStr":"3586655119950414","authorIdStr":"3586655119950414"},"content":"The Fed can solve inflation. It is the cost that we all have to bear. Demand destruction.","text":"The Fed can solve inflation. It is the cost that we all have to bear. Demand destruction.","html":"The Fed can solve inflation. It is the cost that we all have to bear. Demand destruction."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346591911518336,"gmtCreate":1725646592559,"gmtModify":1725646597569,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Ragz is my shortened form of the word Ragamuffin, a person who may be dressed in rags but has freedom, ragga-styled. <a href=\"https://ttm.financial/U/3579739630554436\"> @Vince1965 </a><a href=\"https://ttm.financial/U/4112139361872422\"> @Leo Di Leo </a><a href=\"https://ttm.financial/U/4145363458410462\"> @Taputurangi </a><a href=\"https://ttm.financial/U/4112018890778272\"> @k_ristovski </a><a href=\"https://ttm.financial/U/4171900329979952\"> @Barcode </a><a href=\"https://ttm.financial/U/3557831813182222\"> @BotakGuy </a>","listText":"Ragz is my shortened form of the word Ragamuffin, a person who may be dressed in rags but has freedom, ragga-styled. <a href=\"https://ttm.financial/U/3579739630554436\"> @Vince1965 </a><a href=\"https://ttm.financial/U/4112139361872422\"> @Leo Di Leo </a><a href=\"https://ttm.financial/U/4145363458410462\"> @Taputurangi </a><a href=\"https://ttm.financial/U/4112018890778272\"> @k_ristovski </a><a href=\"https://ttm.financial/U/4171900329979952\"> @Barcode </a><a href=\"https://ttm.financial/U/3557831813182222\"> @BotakGuy </a>","text":"Ragz is my shortened form of the word Ragamuffin, a person who may be dressed in rags but has freedom, ragga-styled. @Vince1965 @Leo Di Leo @Taputurangi @k_ristovski @Barcode @BotakGuy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":1,"link":"https://ttm.financial/post/346591911518336","isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"content":"@Ragz Ragz, your “Ragamuffin” vibe is spot-on! I love it❣️You may feel like you’re rocking rags, but freedom and style are your real assets. Guess what? Some of the richest billionaires out there are following your lead! It’s not about flashy designer suits anymore~it’s about efficiency, focus, and keeping things simple. Take Steve Jobs and his black turtleneck, jeans, and sneakers were practically as iconic as the $Apple(AAPL)$ iPhone! 🍎🍏 He understood that simplicity equals focus, and focus builds empires. Mark Zuckerberg $Meta Platforms, Inc.(META)$ ? Same playbook: grey T-shirt and jeans, daily. Why? Less time picking clothes, more time scaling Meta to billions. And let’s not forget Warren Buffett $Berkshire Hathaway(BRK.A)$ , dressing like your everyday neighbour on a weekend yard sale hunt~while managing billions. Talk about efficiency over fashion! Here’s the kicker: you really can’t judge a book~or a billionaire~by their cover! Minimalist living, decision-making efficiency, and cutting out distractions are key ingredients to their success. When you’re not stressing over the wardrobe, you’re laser-focused on making that serious cash flow. Success doesn’t always wear a suit~it can look like your favourite T-shirt and jeans. Ragz, you’re already ahead of the curve! Happy trading ahead. Cheers, BC 🍀","text":"@Ragz Ragz, your “Ragamuffin” vibe is spot-on! I love it❣️You may feel like you’re rocking rags, but freedom and style are your real assets. Guess what? Some of the richest billionaires out there are following your lead! It’s not about flashy designer suits anymore~it’s about efficiency, focus, and keeping things simple. Take Steve Jobs and his black turtleneck, jeans, and sneakers were practically as iconic as the $Apple(AAPL)$ iPhone! 🍎🍏 He understood that simplicity equals focus, and focus builds empires. Mark Zuckerberg $Meta Platforms, Inc.(META)$ ? Same playbook: grey T-shirt and jeans, daily. Why? Less time picking clothes, more time scaling Meta to billions. And let’s not forget Warren Buffett $Berkshire Hathaway(BRK.A)$ , dressing like your everyday neighbour on a weekend yard sale hunt~while managing billions. Talk about efficiency over fashion! Here’s the kicker: you really can’t judge a book~or a billionaire~by their cover! Minimalist living, decision-making efficiency, and cutting out distractions are key ingredients to their success. When you’re not stressing over the wardrobe, you’re laser-focused on making that serious cash flow. Success doesn’t always wear a suit~it can look like your favourite T-shirt and jeans. Ragz, you’re already ahead of the curve! Happy trading ahead. Cheers, BC 🍀","html":"@Ragz Ragz, your “Ragamuffin” vibe is spot-on! I love it❣️You may feel like you’re rocking rags, but freedom and style are your real assets. Guess what? Some of the richest billionaires out there are following your lead! It’s not about flashy designer suits anymore~it’s about efficiency, focus, and keeping things simple. Take Steve Jobs and his black turtleneck, jeans, and sneakers were practically as iconic as the $Apple(AAPL)$ iPhone! 🍎🍏 He understood that simplicity equals focus, and focus builds empires. Mark Zuckerberg $Meta Platforms, Inc.(META)$ ? Same playbook: grey T-shirt and jeans, daily. Why? Less time picking clothes, more time scaling Meta to billions. And let’s not forget Warren Buffett $Berkshire Hathaway(BRK.A)$ , dressing like your everyday neighbour on a weekend yard sale hunt~while managing billions. Talk about efficiency over fashion! Here’s the kicker: you really can’t judge a book~or a billionaire~by their cover! Minimalist living, decision-making efficiency, and cutting out distractions are key ingredients to their success. When you’re not stressing over the wardrobe, you’re laser-focused on making that serious cash flow. Success doesn’t always wear a suit~it can look like your favourite T-shirt and jeans. Ragz, you’re already ahead of the curve! Happy trading ahead. Cheers, BC 🍀"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":252553022402680,"gmtCreate":1702669150386,"gmtModify":1702669153586,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v> As long as Tesla continues to invest in innovative products and keep improving their designs, the value of the company will keep increasing. Keep the faith!&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v> As long as Tesla continues to invest in innovative products and keep improving their designs, the value of the company will keep increasing. Keep the faith!&nbsp;","text":"$Tesla Motors(TSLA)$ As long as Tesla continues to invest in innovative products and keep improving their designs, the value of the company will keep increasing. Keep the faith!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":23,"commentSize":0,"repostSize":5,"link":"https://ttm.financial/post/252553022402680","isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957270491,"gmtCreate":1677336592313,"gmtModify":1677336595086,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Great article.","listText":"Great article.","text":"Great article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":39,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957270491","repostId":"1117520516","repostType":4,"repost":{"id":"1117520516","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":1677334099,"share":"https://ttm.financial/m/news/1117520516?lang=&edition=fundamental","pubTime":"2023-02-25 22:08","market":"us","language":"en","title":"Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills","url":"https://stock-news.laohu8.com/highlight/detail?id=1117520516","media":"Tiger Newspress","summary":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks rais","content":"<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</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>Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills</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\">\nBuffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-02-25 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117520516","content_text":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.Berkshire also released its results for 2022 on Saturday.The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.Total revenue rose 9.4% to $302.1 billion.Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.Read the full letter here:To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.Who wouldn’t enjoy working for shareholders like ours?What We DoCharlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.* * * * * * * * * * * *At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.The Secret SauceIn August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.The Past Year in BriefBerkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.* * * * * * * * * * * *A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.And that is a promise we can make.* * * * * * * * * * * *Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.58 Years – and a Few FiguresIn 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&P 500 Index, an elite collection of large and well-known American companies.In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.At Berkshire, there will be no finish line.Some Surprising Facts About Federal TaxesDuring the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.* * * * * * * * * * * *Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”* * * * * * * * * * * *At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.Nothing Beats Having a Great PartnerCharlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.Here are a few of his thoughts, many lifted from a very recent podcast:- The world is full of foolish gamblers, and they will not do as well as the patient investor.- If you don’t see the world the way it is, it’s like judging something through a distorted lens.- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.- You can learn a lot from dead people. Read of the deceased you admire and detest.- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.- A great company keeps working after you are not; a mediocre company won’t do that.- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.- You don’t, however, need to own a lot of things in order to get rich.- You have to keep learning if you want to become a great investor. When the world changes, you must change.- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.* * * * * * * * * * * *I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.A Family Gathering in OmahaCharlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?I know you can’t wait to hear the specifics of last year’s hustle.On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.* * * * * * * * * * * *Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.February 25, 2023 Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915365062,"gmtCreate":1664962346956,"gmtModify":1676537536301,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a><v-v data-views=\"1\"></v-v>timeBullishBullishtimeBullish Is it the&nbsp;time to buy in? The chart seems to be turning around and trending upwards. Has the bottom being reached? Probably it may&nbsp;just turn out to be a technical rebound and may fall further, but it seems to be a good time to earn some money&nbsp;out of the volatility. The stock price will need a close watch to get some profit, even then it is already considered undervalued and can hold for the long run.&nbsp;","listText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a><v-v data-views=\"1\"></v-v>timeBullishBullishtimeBullish Is it the&nbsp;time to buy in? The chart seems to be turning around and trending upwards. Has the bottom being reached? Probably it may&nbsp;just turn out to be a technical rebound and may fall further, but it seems to be a good time to earn some money&nbsp;out of the volatility. The stock price will need a close watch to get some profit, even then it is already considered undervalued and can hold for the long run.&nbsp;","text":"$Intel(INTC)$timeBullishBullishtimeBullish Is it the time to buy in? The chart seems to be turning around and trending upwards. Has the bottom being reached? Probably it may just turn out to be a technical rebound and may fall further, but it seems to be a good time to earn some money out of the volatility. The stock price will need a close watch to get some profit, even then it is already considered undervalued and can hold for the long run.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/9915365062","isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":319397733658848,"gmtCreate":1719007166917,"gmtModify":1719007170916,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"With EVs gradually replacing petrol vehicles, oil prices will decrease. It sounds prudent to sell if oil prices reach $95.","listText":"With EVs gradually replacing petrol vehicles, oil prices will decrease. It sounds prudent to sell if oil prices reach $95.","text":"With EVs gradually replacing petrol vehicles, oil prices will decrease. It sounds prudent to sell if oil prices reach $95.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319397733658848","isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021537988,"gmtCreate":1653084871944,"gmtModify":1676535218945,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Every time I buy, it dips[Mybad]&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Every time I buy, it dips[Mybad]&nbsp;","text":"$Tesla Motors(TSLA)$Every time I buy, it dips[Mybad]","images":[{"img":"https://community-static.tradeup.com/news/9e959117b41fe8cd2aa2cf9096e41101","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9021537988","isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3586239565205948","authorId":"3586239565205948","name":"小可爱0958","avatar":"https://community-static.tradeup.com/news/0b23a224c6451f227f187f04e04dffa9","crmLevel":5,"crmLevelSwitch":1,"idStr":"3586239565205948","authorIdStr":"3586239565205948"},"content":"Better than me I'm 973 [in tears] [in tears]","text":"Better than me I'm 973 [in tears] [in tears]","html":"Better than me I'm 973 [in tears] [in tears]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":302093457051808,"gmtCreate":1714772709078,"gmtModify":1714772712709,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Looking at the present bullish market streak, it looks like&nbsp;a buy season in May","listText":"Looking at the present bullish market streak, it looks like&nbsp;a buy season in May","text":"Looking at the present bullish market streak, it looks like a buy season in May","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/302093457051808","isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9024047050,"gmtCreate":1653784888170,"gmtModify":1676535339953,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a>&nbsp;seems a good stock to consider&nbsp;","listText":"<a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a>&nbsp;seems a good stock to consider&nbsp;","text":"$Salesforce.com(CRM)$ seems a good stock to consider","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024047050","repostId":"1150561243","repostType":4,"repost":{"id":"1150561243","pubTimestamp":1653782159,"share":"https://ttm.financial/m/news/1150561243?lang=&edition=fundamental","pubTime":"2022-05-29 07:55","market":"us","language":"en","title":"7 Growth Stocks to Buy Before They Make a Big Comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1150561243","media":"InvestorPlace","summary":"Although growth stocks have faced significant setbacks, these seven robust shares should rebound in ","content":"<html><head></head><body><p>Although growth stocks have faced significant setbacks, these seven robust shares should rebound in the coming months.</p><ul><li><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a>: Investors are looking forward to the stock split on July 15.</li><li><a href=\"https://laohu8.com/S/AMAT\">Applied Materials</a>: Given its robust balance sheet and revenue generations, AMAT stock has the potential for a strong comeback.</li><li><a href=\"https://laohu8.com/S/CMG\">Chipotle Mexican Grill</a>: A new investment venture could provide long-term revenue growth and technological innovation</li><li><a href=\"https://laohu8.com/S/FTXL\">First Trust Nasdaq Semiconductor ETF</a>: The fund invests in leading semiconductor companies that will continue play a prominent role in technological developments.</li><li><a href=\"https://laohu8.com/S/SPGP\">Invesco S&amp;P 500 GARP ETF</a>: This ETF invests in equities that have been identified as high growth with attractive valuation levels.</li><li><a href=\"https://laohu8.com/S/LULU\">Lululemon</a>: The apparel retailer’s newly outlined 5-year growth plan intends to double revenue by 2026.</li><li><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>: Recently announced software development platform could provide a new source of revenue from a rapidly growing industry.</li></ul><p>Growth stocks faced significant challenges in the second quarter of 2022. Investors have hit the ‘sell’ button as profits could face serious headwinds while the Federal Reserve increases rates.</p><p>Effects ofinterest rate hikeson the marketsare further compounded by ever-rising inflation and signs of a looming recession.As a result,theS&amp;P 500 Growth Indexhas fallenmore than 28% since the beginning of the year.Moreover, the <b>Vanguard S&amp;P 500 Growth ETF</b> (<b>VOOG</b>) has dropped27.8% over the same period.</p><p>It is also possible to compare theS&amp;P 500 Growth IndexandS&amp;P 500 Indexindices over various time spans. Then, we note that volatility of returns in growth shares is higher as growth stocks typically have betas (β) of well over 1.</p><p>Most of our readers would know that beta shows stock’s volatility relative to the broader market, such as the S&amp;P 500 Index whose beta is accepted as 1. For instance if a stock’s beta is 1.30, it is assumed to be 30% more volatile the S&amp;P 500.</p><p>Although current declines in share prices aresignificant in percentage terms, these headwinds are likely transitory. History shows us that bear markets come to an end and robust shares end up making new highs. When a new bull leg begins, growth stocks could potentially outperform theoverallmarket.</p><p>With that information, here are the seven best growth stocks to buy in June:</p><p><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> (GOOGL, GOOG)<img src=\"https://static.tigerbbs.com/9f5f5c46c1809eb2738f15e11711ea07\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: IgorGolovniov / Shutterstock.com</p><p><b>52-week range:</b>$2,109.76 – $2,174.98</p><p>Our first growth stock is the cloud services giant <b>Alphabet</b>, the parent company of Google and YouTube.  Alphabet has numerous subsidiaries in different sectors.</p><p>The tech giant announced first-quarter results on April 26. Revenue was $68.01 billion, up 23% year-over-year (YOY) growth. Diluted earnings per share (EPS) was $24.62. Free cash flow (FCF) for the period resulted in $15.32 billion.</p><p>Management expressed its intention to keep investing in growth opportunities worldwide.The board also approved to re-purchase $70 billion of stock.</p><p>Now, many investors look forward to the upcoming 20-for-1 stock split that should take place on July 15. If today’s price holds, GOOGL should at the time trade around $100.</p><p>Like many of its peers, GOOGL stock has been caught in the tech swoon and is down by 25% year-to-date (YTD). It recently hit a 52-week low.</p><p>The stock is trading at 19.3 times forward earnings and 5.45 times sales. For now, the 12 month priceforecaststands at $3,200. However, after July 15, the price will change to reflect the stock split.</p><p><a href=\"https://laohu8.com/S/AMAT\">Applied Materials</a><img src=\"https://static.tigerbbs.com/459356abc4bf8a4158403f81d8e608b7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: michelmond / Shutterstock.com</p><p><b>52-week range:</b>$101.33 – $167.06</p><p><a href=\"https://laohu8.com/S/AMAT\">Applied Materials</a> is known for its tools used in chip manufacturing. Like many other semiconductor names, it has been benefiting from recent technological developments and digitalization efforts worldwide.</p><p>AMAT releasedQ2results on May 19. Revenue was $6.25 billion, up 12% YOY. Adjusted EPS was $1.85, up 13%. Cash from operations stood at $2.66 billion of cash, while $2.02 billion was returned to shareholders through stock repurchase and dividends.</p><p>Management highlighted that Applied Materials has been able to deliver results despite significant supply chain challenges. In addition, the manufacturer is likely to benefit from increased spending in wafer fab equipment.</p><p>However, AMAT shares have lost over a third of their value this year and just hit a 52-week low. Meanwhile, the current price supports a dividend yield of 0.92%.</p><p>This stock is changing hands at 13.12 time forward earnings and 4.02 times sales. Finally, the 12 month priceforecastfor AMAT is $140.</p><p><a href=\"https://laohu8.com/S/CMG\">Chipotle Mexican Grill</a><img src=\"https://static.tigerbbs.com/d4cab18b0d8457c8bbf961104a80ab55\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: Northfoto / Shutterstock.com</p><p><b>52-week range:</b>$1,230.91 – $1,958.55</p><p>Our next stock pick for today is the restaurant chain <b>Chipotle Mexican Grill</b>(NYSE:CMG). The popular Tex-Mex chain has around 3,000 restaurants stateside.</p><p>In late April, Chipotle reportedQ1metrics. Revenue increased 16% YOY to $2 billion. Adjusted diluted EPS came in at $5.70, up from $5.36 in the previous year. Cash and equivalents stood at $646.7 million.</p><p>Management recentlyannouncedthe formation ofCultivate Next, a venture fund for investing in companies that strategically align with Chipotle’s mission. Investments in innovations can possibly lead to reduced costs and improved efficiency in Chipotle’s own restaurants.</p><p>CMG stock has lost almost 23% YTD and is flirting with 52-week lows. Shares are trading at39.53times forward earnings and4.7times sales. The12-month medianpriceforecast isat$1900.</p><p><a href=\"https://laohu8.com/S/FTXL\">First Trust Nasdaq Semiconductor ETF</a><img src=\"https://static.tigerbbs.com/56447832a6e96e7551c0a82dbfed7b34\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: shutterstock.com/bangoland</p><p><b>52-week range:</b> $56.80 – $83.10</p><p><b>Expense ratio:</b> 0.60% per year</p><p>Our next discussion centers around an exchange-traded fund (ETF), namely the <a href=\"https://laohu8.com/S/FTXL\">First Trust Nasdaq Semiconductor ETF</a>, which provides exposure to U.S. chip stocks.The fund started trading in September 2016.</p><p>FTXL tracks the Nasdaq US Smart Semiconductor Index and currently has 30 holdings. With regards to sub-sectors, we see Semiconductors (78.78%) and Production Technology Equipment (21.22%).</p><p>Meanwhile, the top 10 stocks in the portfolio account for close to 55% of $94 million in net assets. <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/INTC\">Intel</a>; <a href=\"https://laohu8.com/S/TXN\">Texas Instruments</a>, <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> are among the most prominent holdings.</p><p>FTXL is down roughly 30% this year, trading near 52-week lows. Trailing price-to-earnings (P/E) and price-to-book (P/B) ratios are 18.01x and 4.04x, respectively.</p><p>Despite the recent declines in prices of chip shares, the outlook for the global semiconductor industry remains healthy. Therefore, many of the names in a fund like FTXL should start to recover in the near future.</p><p><a href=\"https://laohu8.com/S/SPGP\">Invesco S&amp;P 500 GARP ETF</a><img src=\"https://static.tigerbbs.com/1b6e05358cd1981ab5a5d52bf7ebad26\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: Eviart / Shutterstock.com</p><p><b>52-week range:</b> $80.44 – $97.90</p><p><b>Expense ratio:</b> 0.36% per year</p><p>Our secondfund,the <a href=\"https://laohu8.com/S/SPGP\">Invesco S&amp;P 500 GARP ETF</a>, invests in securities that the fund managers have determined to be high growth names with attractive valuation levels.The fund, which started trading in June 2011, is rebalanced and reconstituted semi-annually.</p><p>SPGP currently has 77 holdings. Health care shares lead at 31.15%. Then come information technology (18.96%) and financials (19%).</p><p>The top 10 stocks in the portfolio account for almost a fifth of net assets of $829.9 million.Among them are the biotech name <a href=\"https://laohu8.com/S/VRTX\">Vertex Pharmaceuticals</a>; insurance providers <a href=\"https://laohu8.com/S/CI\">Cigna</a> and <a href=\"https://laohu8.com/S/PGR\">Progressive</a>; and automated cybersecurity solutions company <a href=\"https://laohu8.com/S/FTNT\">Fortinet</a>.</p><p>SPGP has declined more than 12% YTD. As a result, the fund is trading at 15.84 times trailing earnings and 3.71 times book value. If you are looking for above-average growth businesses that are reasonably priced, SPGP deserves to be on your radar screen.</p><p><a href=\"https://laohu8.com/S/LULU\">Lululemon</a><img src=\"https://static.tigerbbs.com/6d033bbc33ff6e77bdeb0ae8a3cb4a5c\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: lentamart / Shutterstock</p><p><b>52-week range:</b>$251.51 – $485.83</p><p><a href=\"https://laohu8.com/S/LULU\">Lululemon</a>, our next growth stock, is a Canadian athletic apparel and fitness equipment group known for high-end yoga pants. Its reach has expanded toover 570 stores across 17 countries.</p><p>In late March, Lululemon announcedQ4 FY21earnings. Revenue was $2.1 billion, representing a 23% increase YOY. Adjusted dilutedEPSincreased from $2.58 in Q4 FY20 to $3.37.</p><p>Recently, management has provideddetailson a new 5-year growth plan, which calls for doubling annual revenue to $12.5 billion by 2026. The focus will be on growingthemen’s apparelsegmentto increase current revenue and also quadrupling international revenuewithinfive years.</p><p>LULU stockhas dropped 28% YTDto trade at 52-week lows. Forward P/E and P/S numbers are29and5.68, respectively. The 12-month medianpriceforecast stands at$435.</p><p><a href=\"https://laohu8.com/S/CRM\">Salesforce</a><img src=\"https://static.tigerbbs.com/0dcf93b50bcf2e1a1530f0a5cca22c06\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: Bjorn Bakstad / Shutterstock.com</p><p><b>52-week range:</b>$154.55 – $311.75</p><p><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>, a member of the <b>Dow Jones Industrial Average (DJIA)</b>, istheleading provider of customer relationship management (CRM) software. More than 150,000 companies around the world rely on the Salesforce platform.</p><p>In early March, the CRM company reportedQ4 FY21financials. Revenue increased 26% YOY to $7.3 billion. Diluted EPS was 84 cents. Cash and equivalents totaled $5.5 billion.</p><p>Salesforce recentlyannouncedthe release of the Anypoint Code Builder, an integrated development environment (IDE). This new IDE, released by Salesforce subsidiary MuleSoft, is a platform designed to improve efficiency and lower development times for new software.</p><p>CRM stockhas declined 36% YTDand has hit 52-week lows. Shares are trading at33.67times forward earnings and5.78times sales. At present, the12-month medianpriceforecastisat$354.</p></body></html>","source":"lsy1606302653667","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>7 Growth Stocks to Buy Before They Make a Big Comeback</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\">\n7 Growth Stocks to Buy Before They Make a Big Comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-29 07:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/7-growth-stocks-to-buy-before-they-make-a-big-comeback/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Although growth stocks have faced significant setbacks, these seven robust shares should rebound in the coming months.Alphabet: Investors are looking forward to the stock split on July 15.Applied ...</p>\n\n<a href=\"https://investorplace.com/2022/05/7-growth-stocks-to-buy-before-they-make-a-big-comeback/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FTXL":"First Trust Nasdaq Semiconductor ETF","SPGP":"Invesco S&P 500 GARP ETF"},"source_url":"https://investorplace.com/2022/05/7-growth-stocks-to-buy-before-they-make-a-big-comeback/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150561243","content_text":"Although growth stocks have faced significant setbacks, these seven robust shares should rebound in the coming months.Alphabet: Investors are looking forward to the stock split on July 15.Applied Materials: Given its robust balance sheet and revenue generations, AMAT stock has the potential for a strong comeback.Chipotle Mexican Grill: A new investment venture could provide long-term revenue growth and technological innovationFirst Trust Nasdaq Semiconductor ETF: The fund invests in leading semiconductor companies that will continue play a prominent role in technological developments.Invesco S&P 500 GARP ETF: This ETF invests in equities that have been identified as high growth with attractive valuation levels.Lululemon: The apparel retailer’s newly outlined 5-year growth plan intends to double revenue by 2026.Salesforce: Recently announced software development platform could provide a new source of revenue from a rapidly growing industry.Growth stocks faced significant challenges in the second quarter of 2022. Investors have hit the ‘sell’ button as profits could face serious headwinds while the Federal Reserve increases rates.Effects ofinterest rate hikeson the marketsare further compounded by ever-rising inflation and signs of a looming recession.As a result,theS&P 500 Growth Indexhas fallenmore than 28% since the beginning of the year.Moreover, the Vanguard S&P 500 Growth ETF (VOOG) has dropped27.8% over the same period.It is also possible to compare theS&P 500 Growth IndexandS&P 500 Indexindices over various time spans. Then, we note that volatility of returns in growth shares is higher as growth stocks typically have betas (β) of well over 1.Most of our readers would know that beta shows stock’s volatility relative to the broader market, such as the S&P 500 Index whose beta is accepted as 1. For instance if a stock’s beta is 1.30, it is assumed to be 30% more volatile the S&P 500.Although current declines in share prices aresignificant in percentage terms, these headwinds are likely transitory. History shows us that bear markets come to an end and robust shares end up making new highs. When a new bull leg begins, growth stocks could potentially outperform theoverallmarket.With that information, here are the seven best growth stocks to buy in June:Alphabet (GOOGL, GOOG)Source: IgorGolovniov / Shutterstock.com52-week range:$2,109.76 – $2,174.98Our first growth stock is the cloud services giant Alphabet, the parent company of Google and YouTube.  Alphabet has numerous subsidiaries in different sectors.The tech giant announced first-quarter results on April 26. Revenue was $68.01 billion, up 23% year-over-year (YOY) growth. Diluted earnings per share (EPS) was $24.62. Free cash flow (FCF) for the period resulted in $15.32 billion.Management expressed its intention to keep investing in growth opportunities worldwide.The board also approved to re-purchase $70 billion of stock.Now, many investors look forward to the upcoming 20-for-1 stock split that should take place on July 15. If today’s price holds, GOOGL should at the time trade around $100.Like many of its peers, GOOGL stock has been caught in the tech swoon and is down by 25% year-to-date (YTD). It recently hit a 52-week low.The stock is trading at 19.3 times forward earnings and 5.45 times sales. For now, the 12 month priceforecaststands at $3,200. However, after July 15, the price will change to reflect the stock split.Applied MaterialsSource: michelmond / Shutterstock.com52-week range:$101.33 – $167.06Applied Materials is known for its tools used in chip manufacturing. Like many other semiconductor names, it has been benefiting from recent technological developments and digitalization efforts worldwide.AMAT releasedQ2results on May 19. Revenue was $6.25 billion, up 12% YOY. Adjusted EPS was $1.85, up 13%. Cash from operations stood at $2.66 billion of cash, while $2.02 billion was returned to shareholders through stock repurchase and dividends.Management highlighted that Applied Materials has been able to deliver results despite significant supply chain challenges. In addition, the manufacturer is likely to benefit from increased spending in wafer fab equipment.However, AMAT shares have lost over a third of their value this year and just hit a 52-week low. Meanwhile, the current price supports a dividend yield of 0.92%.This stock is changing hands at 13.12 time forward earnings and 4.02 times sales. Finally, the 12 month priceforecastfor AMAT is $140.Chipotle Mexican GrillSource: Northfoto / Shutterstock.com52-week range:$1,230.91 – $1,958.55Our next stock pick for today is the restaurant chain Chipotle Mexican Grill(NYSE:CMG). The popular Tex-Mex chain has around 3,000 restaurants stateside.In late April, Chipotle reportedQ1metrics. Revenue increased 16% YOY to $2 billion. Adjusted diluted EPS came in at $5.70, up from $5.36 in the previous year. Cash and equivalents stood at $646.7 million.Management recentlyannouncedthe formation ofCultivate Next, a venture fund for investing in companies that strategically align with Chipotle’s mission. Investments in innovations can possibly lead to reduced costs and improved efficiency in Chipotle’s own restaurants.CMG stock has lost almost 23% YTD and is flirting with 52-week lows. Shares are trading at39.53times forward earnings and4.7times sales. The12-month medianpriceforecast isat$1900.First Trust Nasdaq Semiconductor ETFSource: shutterstock.com/bangoland52-week range: $56.80 – $83.10Expense ratio: 0.60% per yearOur next discussion centers around an exchange-traded fund (ETF), namely the First Trust Nasdaq Semiconductor ETF, which provides exposure to U.S. chip stocks.The fund started trading in September 2016.FTXL tracks the Nasdaq US Smart Semiconductor Index and currently has 30 holdings. With regards to sub-sectors, we see Semiconductors (78.78%) and Production Technology Equipment (21.22%).Meanwhile, the top 10 stocks in the portfolio account for close to 55% of $94 million in net assets. Broadcom, Intel; Texas Instruments, Micron Technology are among the most prominent holdings.FTXL is down roughly 30% this year, trading near 52-week lows. Trailing price-to-earnings (P/E) and price-to-book (P/B) ratios are 18.01x and 4.04x, respectively.Despite the recent declines in prices of chip shares, the outlook for the global semiconductor industry remains healthy. Therefore, many of the names in a fund like FTXL should start to recover in the near future.Invesco S&P 500 GARP ETFSource: Eviart / Shutterstock.com52-week range: $80.44 – $97.90Expense ratio: 0.36% per yearOur secondfund,the Invesco S&P 500 GARP ETF, invests in securities that the fund managers have determined to be high growth names with attractive valuation levels.The fund, which started trading in June 2011, is rebalanced and reconstituted semi-annually.SPGP currently has 77 holdings. Health care shares lead at 31.15%. Then come information technology (18.96%) and financials (19%).The top 10 stocks in the portfolio account for almost a fifth of net assets of $829.9 million.Among them are the biotech name Vertex Pharmaceuticals; insurance providers Cigna and Progressive; and automated cybersecurity solutions company Fortinet.SPGP has declined more than 12% YTD. As a result, the fund is trading at 15.84 times trailing earnings and 3.71 times book value. If you are looking for above-average growth businesses that are reasonably priced, SPGP deserves to be on your radar screen.LululemonSource: lentamart / Shutterstock52-week range:$251.51 – $485.83Lululemon, our next growth stock, is a Canadian athletic apparel and fitness equipment group known for high-end yoga pants. Its reach has expanded toover 570 stores across 17 countries.In late March, Lululemon announcedQ4 FY21earnings. Revenue was $2.1 billion, representing a 23% increase YOY. Adjusted dilutedEPSincreased from $2.58 in Q4 FY20 to $3.37.Recently, management has provideddetailson a new 5-year growth plan, which calls for doubling annual revenue to $12.5 billion by 2026. The focus will be on growingthemen’s apparelsegmentto increase current revenue and also quadrupling international revenuewithinfive years.LULU stockhas dropped 28% YTDto trade at 52-week lows. Forward P/E and P/S numbers are29and5.68, respectively. The 12-month medianpriceforecast stands at$435.SalesforceSource: Bjorn Bakstad / Shutterstock.com52-week range:$154.55 – $311.75Salesforce, a member of the Dow Jones Industrial Average (DJIA), istheleading provider of customer relationship management (CRM) software. More than 150,000 companies around the world rely on the Salesforce platform.In early March, the CRM company reportedQ4 FY21financials. Revenue increased 26% YOY to $7.3 billion. Diluted EPS was 84 cents. Cash and equivalents totaled $5.5 billion.Salesforce recentlyannouncedthe release of the Anypoint Code Builder, an integrated development environment (IDE). This new IDE, released by Salesforce subsidiary MuleSoft, is a platform designed to improve efficiency and lower development times for new software.CRM stockhas declined 36% YTDand has hit 52-week lows. Shares are trading at33.67times forward earnings and5.78times sales. At present, the12-month medianpriceforecastisat$354.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4092376851552610","authorId":"4092376851552610","name":"Tall Guy","avatar":"https://community-static.tradeup.com/news/5e11acf97134ffdcfb93cea9aabffca0","crmLevel":3,"crmLevelSwitch":0,"idStr":"4092376851552610","authorIdStr":"4092376851552610"},"content":"u reckon it's a gd buy?","text":"u reckon it's a gd buy?","html":"u reckon it's a gd buy?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928406718,"gmtCreate":1671333397934,"gmtModify":1676538525597,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Pessimistic&nbsp;","listText":"Pessimistic&nbsp;","text":"Pessimistic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928406718","repostId":"2292831501","repostType":2,"repost":{"id":"2292831501","pubTimestamp":1671321913,"share":"https://ttm.financial/m/news/2292831501?lang=&edition=fundamental","pubTime":"2022-12-18 08:05","market":"us","language":"en","title":"Will Tesla Ever Be a Trillion-Dollar Stock Again?","url":"https://stock-news.laohu8.com/highlight/detail?id=2292831501","media":"Motley Fool","summary":"The electric car maker has a long road ahead to make it back to that elite club.","content":"<html><head></head><body><p>It wasn&#39;t all that long ago that <b>Tesla</b> had a trillion-dollar valuation. As recently as April, it was part of a tiny but exclusive club of companies that had broken through the threshold. Today that club has just three members: <b>Apple</b>, <b>Microsoft</b>, and <b>Alphabet</b>.</p><p>Since then, Tesla&#39;s stock has fallen hard, losing nearly 60% of its value, and some are actively rooting for it to fail.</p><p>While Tesla has its fans who seemingly wear rose-colored glasses about any of its flaws, the critics don green eyeshades tinted a few shades too dark that blind them to the EV maker&#39;s enduring potential.</p><p>Somewhere between those extremes lies the truth about Tesla, so let&#39;s see if there is any hope the premier EV stock can be a $1 trillion company again.</p><h2>First off the line</h2><p>There&#39;s no doubt Elon Musk and Tesla brought electric vehicles into the mainstream. While there were other EVs before Tesla (they&#39;ve actually existed for almost 200 years), it was the Roadster that changed the auto industry due to the range of its battery, speed, acceleration, and price that made it comparable to gas-powered cars.</p><p>That first-mover status boosted Tesla to the forefront of the electric car industry, a place it remains in with a 64% market share, as of the end of the third quarter. While that&#39;s down from the 75% it held back in the first quarter, it&#39;s also a natural consequence of so many competitors entering the market.</p><p>The Model Y and Model 3 have sold a combined 347,000 vehicles so far this year, far ahead of <b>Ford</b>&#39;s No. 2 Mustang Mach-E at 28,000. In fact, Tesla owns four of the top six slots (<b>General Motors&#39;</b> Chevy Bolt is fourth with 22,000 vehicles sold).</p><p>However, <b>Bank of America</b> recently issued a report indicating its analysts expect both Ford and GM to surpass Tesla&#39;s market share, which is forecast to fall to just 11% in North America by 2025.</p><p>Tesla is currently the big fish in a small pond. In just a few years time, however, EVs will equal 10% of the entire auto market and the two big automakers&#39; EVs are cheaper than Tesla&#39;s and appeal to a different car buyer.</p><h2>Built on a shaky foundation</h2><p>Despite the expected growth in demand for EVs, Tesla and other manufacturers have a number of hurdles they&#39;re going to need to surmount that could make achieving their goals feasible.</p><p>First, demand is propped up by tax credits, and should they go away; sales could falter. The so-called Inflation Reduction Act passed in August created a new array of incentives for the next few years, but it may not be fiscally responsible to keep them going indefinitely.</p><p>Second, the electric grid will be severely stressed from all the electric cars plugging in to charge and will need to be overhauled. That may not be feasible or cheap to accomplish as it will result in large costs for generating, transmitting, and storing power. Even as California was announcing a ban on fossil fuel-powered vehicles by 2035 this past summer, it was also asking EV owners not to charge their cars to help conserve energy.</p><p>Third, EV makers face soaring costs for finite resources, particularly for the batteries needed to power their vehicles. Lithium, for example, a key component of EV batteries, currently costs around $80,000 a tonne, or 1,000% more than it did two years ago.</p><p>EVs also require substantial amounts of graphite, cobalt, rare earth metals, and nickel, and the total global production of these metals cannot match demand for them.</p><h2>A long road ahead</h2><p>While there is a search happening for alternatives to using different materials to power EVs and to upgrading and overhauling the electric grid, car manufacturers may face difficulty in seeing the growth they forecast.</p><p>Tesla itself is having a tough time selling cars in China. Although sales in November were up 90% year over year, it was a result of cutting prices and providing greater incentives to buyers. The 100,000 vehicles sold was also half of what Chinese rival BYD sold. Competition in Europe will be fierce, too.</p><p>Musk has also been selling Tesla stock, selling 19.5 million shares in November and another 20 million or so in December, likely to help finance his acquisition of Twitter.</p><p>Over the long haul, though, Tesla doesn&#39;t seem like it&#39;s going to run off the road and still has plenty of opportunity for growth. Yet it would require a near tripling in value for its stock to hit a $1 trillion valuation. It seems plausible, but investors may need the patience to wait for a number of years for that to happen.</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>Will Tesla Ever Be a Trillion-Dollar Stock Again?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill Tesla Ever Be a Trillion-Dollar Stock Again?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-18 08:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/17/will-tesla-ever-be-a-trillion-dollar-stock-again/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It wasn't all that long ago that Tesla had a trillion-dollar valuation. As recently as April, it was part of a tiny but exclusive club of companies that had broken through the threshold. Today that ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/17/will-tesla-ever-be-a-trillion-dollar-stock-again/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2022/12/17/will-tesla-ever-be-a-trillion-dollar-stock-again/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292831501","content_text":"It wasn't all that long ago that Tesla had a trillion-dollar valuation. As recently as April, it was part of a tiny but exclusive club of companies that had broken through the threshold. Today that club has just three members: Apple, Microsoft, and Alphabet.Since then, Tesla's stock has fallen hard, losing nearly 60% of its value, and some are actively rooting for it to fail.While Tesla has its fans who seemingly wear rose-colored glasses about any of its flaws, the critics don green eyeshades tinted a few shades too dark that blind them to the EV maker's enduring potential.Somewhere between those extremes lies the truth about Tesla, so let's see if there is any hope the premier EV stock can be a $1 trillion company again.First off the lineThere's no doubt Elon Musk and Tesla brought electric vehicles into the mainstream. While there were other EVs before Tesla (they've actually existed for almost 200 years), it was the Roadster that changed the auto industry due to the range of its battery, speed, acceleration, and price that made it comparable to gas-powered cars.That first-mover status boosted Tesla to the forefront of the electric car industry, a place it remains in with a 64% market share, as of the end of the third quarter. While that's down from the 75% it held back in the first quarter, it's also a natural consequence of so many competitors entering the market.The Model Y and Model 3 have sold a combined 347,000 vehicles so far this year, far ahead of Ford's No. 2 Mustang Mach-E at 28,000. In fact, Tesla owns four of the top six slots (General Motors' Chevy Bolt is fourth with 22,000 vehicles sold).However, Bank of America recently issued a report indicating its analysts expect both Ford and GM to surpass Tesla's market share, which is forecast to fall to just 11% in North America by 2025.Tesla is currently the big fish in a small pond. In just a few years time, however, EVs will equal 10% of the entire auto market and the two big automakers' EVs are cheaper than Tesla's and appeal to a different car buyer.Built on a shaky foundationDespite the expected growth in demand for EVs, Tesla and other manufacturers have a number of hurdles they're going to need to surmount that could make achieving their goals feasible.First, demand is propped up by tax credits, and should they go away; sales could falter. The so-called Inflation Reduction Act passed in August created a new array of incentives for the next few years, but it may not be fiscally responsible to keep them going indefinitely.Second, the electric grid will be severely stressed from all the electric cars plugging in to charge and will need to be overhauled. That may not be feasible or cheap to accomplish as it will result in large costs for generating, transmitting, and storing power. Even as California was announcing a ban on fossil fuel-powered vehicles by 2035 this past summer, it was also asking EV owners not to charge their cars to help conserve energy.Third, EV makers face soaring costs for finite resources, particularly for the batteries needed to power their vehicles. Lithium, for example, a key component of EV batteries, currently costs around $80,000 a tonne, or 1,000% more than it did two years ago.EVs also require substantial amounts of graphite, cobalt, rare earth metals, and nickel, and the total global production of these metals cannot match demand for them.A long road aheadWhile there is a search happening for alternatives to using different materials to power EVs and to upgrading and overhauling the electric grid, car manufacturers may face difficulty in seeing the growth they forecast.Tesla itself is having a tough time selling cars in China. Although sales in November were up 90% year over year, it was a result of cutting prices and providing greater incentives to buyers. The 100,000 vehicles sold was also half of what Chinese rival BYD sold. Competition in Europe will be fierce, too.Musk has also been selling Tesla stock, selling 19.5 million shares in November and another 20 million or so in December, likely to help finance his acquisition of Twitter.Over the long haul, though, Tesla doesn't seem like it's going to run off the road and still has plenty of opportunity for growth. Yet it would require a near tripling in value for its stock to hit a $1 trillion valuation. It seems plausible, but investors may need the patience to wait for a number of years for that to happen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987368283,"gmtCreate":1667826444043,"gmtModify":1676537969734,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Rallying up","listText":"Rallying up","text":"Rallying up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9987368283","repostId":"1156767289","repostType":4,"repost":{"id":"1156767289","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":1667825314,"share":"https://ttm.financial/m/news/1156767289?lang=&edition=fundamental","pubTime":"2022-11-07 20:48","market":"other","language":"en","title":"Pre-Bell｜Dow Futures Jumped Over 150 Points; This Trump Stock Surged Over 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1156767289","media":"Tiger Newspress","summary":"U.S. stock futures rose Monday as a packed week kicked off, with congressional midterm elections and","content":"<html><head></head><body><p>U.S. stock futures rose Monday as a packed week kicked off, with congressional midterm elections and key inflation data on deck over the next few days.</p><p><b>Market Snapshot</b></p><p>At 7:45 a.m. ET, Dow e-minis were up 165 points, or 0.51%, S&amp;P 500 e-minis were up 18.25 points, or 0.48%, and Nasdaq 100 e-minis were up 49 points, or 0.45%.</p><p><img src=\"https://static.tigerbbs.com/3be0bfa36c8499daa59344f201fdfb11\" tg-width=\"261\" tg-height=\"137\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a></b> – The drugmaker’s shares slid 3.4% in the premarket despite reporting better-than-expected quarterly profit and revenue. Results were down sharply from a year ago, with both profit and revenue off more than 40% from 2021′s third quarter.</p><p><b><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></b> – Berkshire Hathaway gained 1.5% in premarket trading after Warren Buffett’s firm reported better-than-expected earnings, with revenue also topping Street forecasts. Berkshire reported an overall loss, however, as a falling stock market ate into the value of its investment portfolio.</p><p><b><a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a></b> – Meta added 2.6% in the premarket after The Wall Street Journal reported that the Facebook parent was preparing to announce large-scale layoffs this week.</p><p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> – Apple shares slid 1.8% in the premarket after it said Covid-19 restrictions are hindering iPhone production at the Foxconn factory in China. That factory is the world’s biggest iPhone production site.</p><p><b><a href=\"https://laohu8.com/S/AUY\">Yamana</a></b> – Yamana Gold lost 2.7% in the premarket after Gold Fields(GFI) said it would not change the terms of its takeover deal with Yamana. Agnico Eagle Mines(AEM) and Pan American Silver(PAAS) submitted a rival offer Friday, but Gold Fields maintains that its bid is superior.</p><p><b><a href=\"https://laohu8.com/S/OUST\">Ouster Inc.</a></b> – The maker of lidar sensors will combine with rivalVelodyne(VLDR) in a merger of equals, with Ouster and Velodyne shareholders each owning 50% of the combined company. Ouster jumped 5.1% in premarket action while Velodyne rallied 5.6%.</p><p><b><a href=\"https://laohu8.com/S/RYAAY\">Ryanair Holdings PLC</a></b> – The airline’s stock gained 6.2% in premarket trading after it reported the largest-ever profit for the first half of the year.</p><p><b><a href=\"https://laohu8.com/S/DASH\">DoorDash, Inc.</a></b> – The delivery service’s shares were upgraded to “outperform” from “perform” at Oppenheimer, which pointed to improving margins at U.S. restaurants among other factors. DoorDash gained 2.7% in premarket trading.</p><p><b><a href=\"https://laohu8.com/S/OKTA\">Okta Inc.</a></b> – The maker of identity management software jumped 3.9% in the premarket after Guggenheim upgraded the stock to “buy” from “neutral.” It called the stock’s current valuation “too compelling to ignore.”</p><p><b><a href=\"https://laohu8.com/S/DWAC\">Digital World Acquisition Corp</a> </b>– It rose 20.48% in premarket trading. Trump is planning to announce his candidacy for the upcoming 2024 presidential election on Nov. 14, according to Axios, which spoke to sources familiar with the situation.</p><p><b>Market News</b></p><p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> on Sunday said it expects even lower iPhone 14 Pro and iPhone Pro Max shipments than it previously anticipated as COVID-19 restrictions temporarily impact an assembly facility in Zhengzhou, China.</p><p><b><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></b> on Saturday posted a third-quarter loss, the net loss was $2.69 billion, operating profit rose 20% to $7.76 billion, it also repurchased $1.05 billion of its own stock in the quarter, and has repurchased $5.25 billion this year.</p><p><b><a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a></b> is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be the largest round in a recent spate of tech job cuts after the industry’s rapid growth during the pandemic.</p><p><b><a href=\"https://laohu8.com/S/XOM\">Exxon Mobil</a></b> will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>, after laying off roughly half the company on Friday following Elon Musk’s $44 billion acquisition, is now reaching out to dozens of employees who lost their jobs and asking them to return.</p><p>A unit of <b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a></b> is nearing a deal to combine with a big owner of medical practices and urgent-care centers in a transaction worth roughly $9 billion including debt, according to people familiar with the matter, the latest in a string of acquisitions by big consumer-focused companies aiming to delve deeper into medical care.</p><p><b><a href=\"https://laohu8.com/S/PM\">Philip Morris</a></b> said on Monday it was going ahead with its $16 billion plan to buy Swedish Match despite winning acceptance from owners with no more than 82.59% of shares in the Swedish peer.</p><p>The chief executive of China&#39;s <b><a href=\"https://laohu8.com/S/BILI\">Bilibili Inc.</a></b> has taken over direct supervision of the company&#39;s gaming department, according to an internal email, as the Alibaba-backed company looks to boost revenue growth.</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>Pre-Bell｜Dow Futures Jumped Over 150 Points; This Trump Stock Surged Over 20%</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; 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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\">\nPre-Bell｜Dow Futures Jumped Over 150 Points; This Trump Stock Surged Over 20%\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\">2022-11-07 20:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures rose Monday as a packed week kicked off, with congressional midterm elections and key inflation data on deck over the next few days.</p><p><b>Market Snapshot</b></p><p>At 7:45 a.m. ET, Dow e-minis were up 165 points, or 0.51%, S&amp;P 500 e-minis were up 18.25 points, or 0.48%, and Nasdaq 100 e-minis were up 49 points, or 0.45%.</p><p><img src=\"https://static.tigerbbs.com/3be0bfa36c8499daa59344f201fdfb11\" tg-width=\"261\" tg-height=\"137\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a></b> – The drugmaker’s shares slid 3.4% in the premarket despite reporting better-than-expected quarterly profit and revenue. Results were down sharply from a year ago, with both profit and revenue off more than 40% from 2021′s third quarter.</p><p><b><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></b> – Berkshire Hathaway gained 1.5% in premarket trading after Warren Buffett’s firm reported better-than-expected earnings, with revenue also topping Street forecasts. Berkshire reported an overall loss, however, as a falling stock market ate into the value of its investment portfolio.</p><p><b><a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a></b> – Meta added 2.6% in the premarket after The Wall Street Journal reported that the Facebook parent was preparing to announce large-scale layoffs this week.</p><p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> – Apple shares slid 1.8% in the premarket after it said Covid-19 restrictions are hindering iPhone production at the Foxconn factory in China. That factory is the world’s biggest iPhone production site.</p><p><b><a href=\"https://laohu8.com/S/AUY\">Yamana</a></b> – Yamana Gold lost 2.7% in the premarket after Gold Fields(GFI) said it would not change the terms of its takeover deal with Yamana. Agnico Eagle Mines(AEM) and Pan American Silver(PAAS) submitted a rival offer Friday, but Gold Fields maintains that its bid is superior.</p><p><b><a href=\"https://laohu8.com/S/OUST\">Ouster Inc.</a></b> – The maker of lidar sensors will combine with rivalVelodyne(VLDR) in a merger of equals, with Ouster and Velodyne shareholders each owning 50% of the combined company. Ouster jumped 5.1% in premarket action while Velodyne rallied 5.6%.</p><p><b><a href=\"https://laohu8.com/S/RYAAY\">Ryanair Holdings PLC</a></b> – The airline’s stock gained 6.2% in premarket trading after it reported the largest-ever profit for the first half of the year.</p><p><b><a href=\"https://laohu8.com/S/DASH\">DoorDash, Inc.</a></b> – The delivery service’s shares were upgraded to “outperform” from “perform” at Oppenheimer, which pointed to improving margins at U.S. restaurants among other factors. DoorDash gained 2.7% in premarket trading.</p><p><b><a href=\"https://laohu8.com/S/OKTA\">Okta Inc.</a></b> – The maker of identity management software jumped 3.9% in the premarket after Guggenheim upgraded the stock to “buy” from “neutral.” It called the stock’s current valuation “too compelling to ignore.”</p><p><b><a href=\"https://laohu8.com/S/DWAC\">Digital World Acquisition Corp</a> </b>– It rose 20.48% in premarket trading. Trump is planning to announce his candidacy for the upcoming 2024 presidential election on Nov. 14, according to Axios, which spoke to sources familiar with the situation.</p><p><b>Market News</b></p><p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> on Sunday said it expects even lower iPhone 14 Pro and iPhone Pro Max shipments than it previously anticipated as COVID-19 restrictions temporarily impact an assembly facility in Zhengzhou, China.</p><p><b><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></b> on Saturday posted a third-quarter loss, the net loss was $2.69 billion, operating profit rose 20% to $7.76 billion, it also repurchased $1.05 billion of its own stock in the quarter, and has repurchased $5.25 billion this year.</p><p><b><a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a></b> is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be the largest round in a recent spate of tech job cuts after the industry’s rapid growth during the pandemic.</p><p><b><a href=\"https://laohu8.com/S/XOM\">Exxon Mobil</a></b> will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>, after laying off roughly half the company on Friday following Elon Musk’s $44 billion acquisition, is now reaching out to dozens of employees who lost their jobs and asking them to return.</p><p>A unit of <b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a></b> is nearing a deal to combine with a big owner of medical practices and urgent-care centers in a transaction worth roughly $9 billion including debt, according to people familiar with the matter, the latest in a string of acquisitions by big consumer-focused companies aiming to delve deeper into medical care.</p><p><b><a href=\"https://laohu8.com/S/PM\">Philip Morris</a></b> said on Monday it was going ahead with its $16 billion plan to buy Swedish Match despite winning acceptance from owners with no more than 82.59% of shares in the Swedish peer.</p><p>The chief executive of China&#39;s <b><a href=\"https://laohu8.com/S/BILI\">Bilibili Inc.</a></b> has taken over direct supervision of the company&#39;s gaming department, according to an internal email, as the Alibaba-backed company looks to boost revenue growth.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156767289","content_text":"U.S. stock futures rose Monday as a packed week kicked off, with congressional midterm elections and key inflation data on deck over the next few days.Market SnapshotAt 7:45 a.m. ET, Dow e-minis were up 165 points, or 0.51%, S&P 500 e-minis were up 18.25 points, or 0.48%, and Nasdaq 100 e-minis were up 49 points, or 0.45%.Pre-Market MoversBioNTech SE – The drugmaker’s shares slid 3.4% in the premarket despite reporting better-than-expected quarterly profit and revenue. Results were down sharply from a year ago, with both profit and revenue off more than 40% from 2021′s third quarter.Berkshire Hathaway – Berkshire Hathaway gained 1.5% in premarket trading after Warren Buffett’s firm reported better-than-expected earnings, with revenue also topping Street forecasts. Berkshire reported an overall loss, however, as a falling stock market ate into the value of its investment portfolio.Meta Platforms, Inc. – Meta added 2.6% in the premarket after The Wall Street Journal reported that the Facebook parent was preparing to announce large-scale layoffs this week.Apple – Apple shares slid 1.8% in the premarket after it said Covid-19 restrictions are hindering iPhone production at the Foxconn factory in China. That factory is the world’s biggest iPhone production site.Yamana – Yamana Gold lost 2.7% in the premarket after Gold Fields(GFI) said it would not change the terms of its takeover deal with Yamana. Agnico Eagle Mines(AEM) and Pan American Silver(PAAS) submitted a rival offer Friday, but Gold Fields maintains that its bid is superior.Ouster Inc. – The maker of lidar sensors will combine with rivalVelodyne(VLDR) in a merger of equals, with Ouster and Velodyne shareholders each owning 50% of the combined company. Ouster jumped 5.1% in premarket action while Velodyne rallied 5.6%.Ryanair Holdings PLC – The airline’s stock gained 6.2% in premarket trading after it reported the largest-ever profit for the first half of the year.DoorDash, Inc. – The delivery service’s shares were upgraded to “outperform” from “perform” at Oppenheimer, which pointed to improving margins at U.S. restaurants among other factors. DoorDash gained 2.7% in premarket trading.Okta Inc. – The maker of identity management software jumped 3.9% in the premarket after Guggenheim upgraded the stock to “buy” from “neutral.” It called the stock’s current valuation “too compelling to ignore.”Digital World Acquisition Corp – It rose 20.48% in premarket trading. Trump is planning to announce his candidacy for the upcoming 2024 presidential election on Nov. 14, according to Axios, which spoke to sources familiar with the situation.Market NewsApple on Sunday said it expects even lower iPhone 14 Pro and iPhone Pro Max shipments than it previously anticipated as COVID-19 restrictions temporarily impact an assembly facility in Zhengzhou, China.Berkshire Hathaway on Saturday posted a third-quarter loss, the net loss was $2.69 billion, operating profit rose 20% to $7.76 billion, it also repurchased $1.05 billion of its own stock in the quarter, and has repurchased $5.25 billion this year.Meta Platforms, Inc. is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be the largest round in a recent spate of tech job cuts after the industry’s rapid growth during the pandemic.Exxon Mobil will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill.Twitter, after laying off roughly half the company on Friday following Elon Musk’s $44 billion acquisition, is now reaching out to dozens of employees who lost their jobs and asking them to return.A unit of Walgreens Boots Alliance is nearing a deal to combine with a big owner of medical practices and urgent-care centers in a transaction worth roughly $9 billion including debt, according to people familiar with the matter, the latest in a string of acquisitions by big consumer-focused companies aiming to delve deeper into medical care.Philip Morris said on Monday it was going ahead with its $16 billion plan to buy Swedish Match despite winning acceptance from owners with no more than 82.59% of shares in the Swedish peer.The chief executive of China's Bilibili Inc. has taken over direct supervision of the company's gaming department, according to an internal email, as the Alibaba-backed company looks to boost revenue growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917950542,"gmtCreate":1665415897386,"gmtModify":1676537602875,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a><v-v data-views=\"1\"></v-v>Bullish timeBullish time to rise?&nbsp;","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$</a><v-v data-views=\"1\"></v-v>Bullish timeBullish time to rise?&nbsp;","text":"$Sea Ltd(SE)$Bullish timeBullish time to rise?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/9917950542","isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072708813,"gmtCreate":1658100956432,"gmtModify":1676536103880,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Good stocks, but has the bottom been reached?&nbsp;","listText":"Good stocks, but has the bottom been reached?&nbsp;","text":"Good stocks, but has the bottom been reached?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072708813","repostId":"2251341847","repostType":4,"repost":{"id":"2251341847","pubTimestamp":1658023335,"share":"https://ttm.financial/m/news/2251341847?lang=&edition=fundamental","pubTime":"2022-07-17 10:02","market":"us","language":"en","title":"3 Butchered Tech Stocks to Buy and Hold","url":"https://stock-news.laohu8.com/highlight/detail?id=2251341847","media":"InvestorPlace","summary":"These three butchered tech stocks to buy offer huge upside for investors that can wisely look past t","content":"<html><head></head><body><ul><li>These three butchered tech stocks to buy offer huge upside for investors that can wisely look past threats of a recession.</li><li><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>) offers deeply discounted, high-growth tech stock opportunities.</li><li><b>Unity Software</b> (<b><u>U</u></b>) is a market leader in gaming with positive cash flow. It&#39;s also poised to get even bigger.</li><li><b>Shopify</b> (<b><u>SHOP</u></b>) is a cash flush e-commerce giant that can be shopped at an extreme historical discount.</li></ul><p><img src=\"https://static.tigerbbs.com/1ea3418a33602b1076105d7d86ee89c0\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Peshkova / Shutterstock</p><p>Government data continues to dole out bearish sound bites for financial pundits in need of gripping stories to weaken investor confidence. But other evidence suggests it’s time to shop for bargains on Wall Street. Right now there’s no better spot than in three butchered tech stocks to buy and hold for the long haul.</p><p>This week’s pair of monthly readings on the state of prices indicate that red hot inflation in 2022 hasn’t cooled down yet. The back-to-back reports came in higher-than-forecast and good for all sorts of “worst since” pronouncements from the media.</p><p>To be sure, it all sounds horrible. And at this rate, investors can brace themselves for at least a 75 basis point rate hike by the Federal Reserve, as well as headlines reading “Recession” by month’s end when the Q2 GDP data is announced.</p><p>The good news is that as a forward-looking pricing mechanism, the worst is likely baked into this year’s bear market led by all those sickly looking technology companies. Both Norman Fosback’s Recession Buy Indicator and a contested, but sneaky confirmed market rally hint at better days ahead. And that stands to be especially true for investors purchasing the following three butchered tech stocks to buy and hold today.</p><table border=\"1\"><tbody><tr><td><b>Ticker</b></td><td><b>Company</b></td><td><b>Recent Price</b></td></tr><tr><td><b><u>ARKK</u></b></td><td><a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a></td><td>$43.34</td></tr><tr><td><b><u>U</u></b></td><td>Unity Software</td><td>$32.86</td></tr><tr><td><b><u>SHOP</u></b></td><td>Shopify</td><td>$30.98</td></tr></tbody></table><h2>Ark Innovation ETF (ARKK)</h2><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/956110fbcf48e6468f4b4cf4072409f4\" tg-width=\"1005\" tg-height=\"487\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Source: Charts by TradingView</p><p>If you have more than just a passing interest in the stock market, chances are you know about <b>ARK Innovation ETF</b> (NYSEARCA:<b><u>ARKK</u></b>). The exchange-traded fund is part of fund manager Ark Invest’s notorious high-octane growth and actively managed portfolios include names like <b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>), <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video</b> (NASDAQ:<b><u>ZM</u></b>) and <b>Grayscale Bitcoin Trust</b> (OTCMKTS:<b><u>GBTC</u></b>).</p><p>The tech stock to buy and hold made a name for itself as it rocketed higher in 2020 only to crater lower as a decided bearish shift in sentiment toward higher multiple stocks was exacerbated by inflation and the conflict in Ukraine.</p><p>But while the round turn in fortunes has turned the fund’s brash and outspoken CEO Cathie Wood into the market’s meme stock queen and many would like to completely forget about ARKK, I’m upbeat that Ark’s expert insights and aggressive investing style will make a comeback in a big way.</p><p>There’s a bit of sneaky price action to start that process today. Within the broader market’s somewhat shakier confirmed rally, ARKK is actually showing signs of a healthier uptrend emerging off its bear market low.</p><p>This past week, a slightly stronger higher high pattern was formed in this tech stock, which compares favorably to the larger-cap, tech-heavy <b>Nasdaq</b>. Combined with ARKK’s much deeper Covid-19 bear market, some climatic volume and a neutralized stochastics, the opportunity to purchase deeply discounted growth stock leadership beckons.</p><h2>Unity Software (U)</h2><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/c25b3f1939df92a706c935d19432d046\" tg-width=\"998\" tg-height=\"491\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Source: Charts by TradingView</p><p><b>Unity Software</b> (NYSE:<b><u>U</u></b>) is a top software applications outfit that operates an interactive real-time content platform. Unity is best known within the gaming market with a roughly 60% to 70% market share of the mobile gaming market due to the platform’s ease of use, features and functionalities for content developers.</p><p>And if that success is any indication, moves into e-commerce and the metaverse, as well as architecture, design and engineering should continue to bolster the company’s positive free cash flow, and help put U stock on a path toward long-term profitability. All of this should result in a smart return for investors.</p><p>With a correction of about 85% since November, Unity’s “smallish,” large-cap valuation of just $13.40 billion and shares consolidating tightly near all-time-lows over the past several weeks with bullish indications from volume and stochastics, this battered tech stock to buy and hold is an even more attractive purchase today.</p><h2>Shopify (SHOP)</h2><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/e4d03afd7c692552f9916717fe674d11\" tg-width=\"1000\" tg-height=\"492\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Source: Charts by TradingView</p><p><b>Shopify’s</b> (NYSE:<b><u>SHOP</u></b>) shares have been victimized by inflation, interest rate hikes, at-risk consumers and supply chain bottlenecks. Year-to-date, SHOP has shed 77%. Since last November’s split-adjusted peak of $176.29, it has lost nearly 83% of its value.</p><p>Despite the obvious bearish commitment from investors, Shopify not only commands a $38.5 billion valuation, but SHOP also remains the market’s undisputed leader in this e-commerce space. Ultimately, this tech stock isn’t some fly-by-night, one-trick pony operation.</p><p>Right now, shares can be shopped at their Covid-19 low. Investors can tap into this low all while the company enjoys a historically cheap sales multiple, solid free cashflow and a strong secular trend for digital-based retail growth, despite the pending “Recession!” headlines.</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>3 Butchered Tech Stocks to Buy and Hold</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Butchered Tech Stocks to Buy and Hold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-17 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/3-butchered-tech-stocks-to-buy-and-hold/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These three butchered tech stocks to buy offer huge upside for investors that can wisely look past threats of a recession.ARK Innovation Pacer Swan SOS Fund of Funds ETF|ETF (ARKK) offers deeply ...</p>\n\n<a href=\"https://investorplace.com/2022/07/3-butchered-tech-stocks-to-buy-and-hold/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4524":"宅经济概念","BK4535":"淡马锡持仓","TSLA":"特斯拉","BK4527":"明星科技股","ZM":"Zoom","BK4550":"红杉资本持仓","BK4116":"互联网服务与基础架构","BK4525":"远程办公概念","BK4544":"ARK ETF合集","BK4551":"寇图资本持仓","BK4574":"无人驾驶","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","GBTC":"Grayscale Bitcoin Trust","ARKG":"ARK Genomic Revolution ETF","BK4099":"汽车制造商","BK4511":"特斯拉概念","ARKK":"ARK Innovation ETF","BK4548":"巴美列捷福持仓","SHOP":"Shopify Inc","BK4528":"SaaS概念","BK4023":"应用软件","BK4532":"文艺复兴科技持仓","U":"Unity Software Inc.","BK4554":"元宇宙及AR概念","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团"},"source_url":"https://investorplace.com/2022/07/3-butchered-tech-stocks-to-buy-and-hold/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251341847","content_text":"These three butchered tech stocks to buy offer huge upside for investors that can wisely look past threats of a recession.ARK Innovation Pacer Swan SOS Fund of Funds ETF|ETF (ARKK) offers deeply discounted, high-growth tech stock opportunities.Unity Software (U) is a market leader in gaming with positive cash flow. It's also poised to get even bigger.Shopify (SHOP) is a cash flush e-commerce giant that can be shopped at an extreme historical discount.Source: Peshkova / ShutterstockGovernment data continues to dole out bearish sound bites for financial pundits in need of gripping stories to weaken investor confidence. But other evidence suggests it’s time to shop for bargains on Wall Street. Right now there’s no better spot than in three butchered tech stocks to buy and hold for the long haul.This week’s pair of monthly readings on the state of prices indicate that red hot inflation in 2022 hasn’t cooled down yet. The back-to-back reports came in higher-than-forecast and good for all sorts of “worst since” pronouncements from the media.To be sure, it all sounds horrible. And at this rate, investors can brace themselves for at least a 75 basis point rate hike by the Federal Reserve, as well as headlines reading “Recession” by month’s end when the Q2 GDP data is announced.The good news is that as a forward-looking pricing mechanism, the worst is likely baked into this year’s bear market led by all those sickly looking technology companies. Both Norman Fosback’s Recession Buy Indicator and a contested, but sneaky confirmed market rally hint at better days ahead. And that stands to be especially true for investors purchasing the following three butchered tech stocks to buy and hold today.TickerCompanyRecent PriceARKKARK Innovation ETF$43.34UUnity Software$32.86SHOPShopify$30.98Ark Innovation ETF (ARKK)Source: Charts by TradingViewIf you have more than just a passing interest in the stock market, chances are you know about ARK Innovation ETF (NYSEARCA:ARKK). The exchange-traded fund is part of fund manager Ark Invest’s notorious high-octane growth and actively managed portfolios include names like Tesla (NASDAQ:TSLA), Zoom Video (NASDAQ:ZM) and Grayscale Bitcoin Trust (OTCMKTS:GBTC).The tech stock to buy and hold made a name for itself as it rocketed higher in 2020 only to crater lower as a decided bearish shift in sentiment toward higher multiple stocks was exacerbated by inflation and the conflict in Ukraine.But while the round turn in fortunes has turned the fund’s brash and outspoken CEO Cathie Wood into the market’s meme stock queen and many would like to completely forget about ARKK, I’m upbeat that Ark’s expert insights and aggressive investing style will make a comeback in a big way.There’s a bit of sneaky price action to start that process today. Within the broader market’s somewhat shakier confirmed rally, ARKK is actually showing signs of a healthier uptrend emerging off its bear market low.This past week, a slightly stronger higher high pattern was formed in this tech stock, which compares favorably to the larger-cap, tech-heavy Nasdaq. Combined with ARKK’s much deeper Covid-19 bear market, some climatic volume and a neutralized stochastics, the opportunity to purchase deeply discounted growth stock leadership beckons.Unity Software (U)Source: Charts by TradingViewUnity Software (NYSE:U) is a top software applications outfit that operates an interactive real-time content platform. Unity is best known within the gaming market with a roughly 60% to 70% market share of the mobile gaming market due to the platform’s ease of use, features and functionalities for content developers.And if that success is any indication, moves into e-commerce and the metaverse, as well as architecture, design and engineering should continue to bolster the company’s positive free cash flow, and help put U stock on a path toward long-term profitability. All of this should result in a smart return for investors.With a correction of about 85% since November, Unity’s “smallish,” large-cap valuation of just $13.40 billion and shares consolidating tightly near all-time-lows over the past several weeks with bullish indications from volume and stochastics, this battered tech stock to buy and hold is an even more attractive purchase today.Shopify (SHOP)Source: Charts by TradingViewShopify’s (NYSE:SHOP) shares have been victimized by inflation, interest rate hikes, at-risk consumers and supply chain bottlenecks. Year-to-date, SHOP has shed 77%. Since last November’s split-adjusted peak of $176.29, it has lost nearly 83% of its value.Despite the obvious bearish commitment from investors, Shopify not only commands a $38.5 billion valuation, but SHOP also remains the market’s undisputed leader in this e-commerce space. Ultimately, this tech stock isn’t some fly-by-night, one-trick pony operation.Right now, shares can be shopped at their Covid-19 low. Investors can tap into this low all while the company enjoys a historically cheap sales multiple, solid free cashflow and a strong secular trend for digital-based retail growth, despite the pending “Recession!” headlines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"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":"missing the bottom hurts more or FOMOing the top 🙃","text":"missing the bottom hurts more or FOMOing the top 🙃","html":"missing the bottom hurts more or FOMOing the top 🙃"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9058430546,"gmtCreate":1654874196685,"gmtModify":1676535526770,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"All falling&nbsp;","listText":"All falling&nbsp;","text":"All falling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058430546","repostId":"1134995108","repostType":4,"repost":{"id":"1134995108","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1654872804,"share":"https://ttm.financial/m/news/1134995108?lang=&edition=fundamental","pubTime":"2022-06-10 22:53","market":"us","language":"en","title":"Price Target Changes｜Netflix Lowered to $186 by GS; Adobe Reduced to $530 by Mizuho","url":"https://stock-news.laohu8.com/highlight/detail?id=1134995108","media":"Benzinga","summary":"Mizuho cut Adobe Inc. price target from $600 to $530.Evercore ISI Group lowered Stitch Fix, Inc. pri","content":"<html><head></head><body><ul><li>Mizuho cut <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> price target from $600 to $530.</li><li>Evercore ISI Group lowered <a href=\"https://laohu8.com/S/SFIX\">Stitch Fix, Inc.</a> price target from $13 to $10.</li><li>Credit Suisse reduced the price target for <a href=\"https://laohu8.com/S/RENT\">Rent the Runway, Inc.</a> from $11 to $7.</li><li>UBS cut <a href=\"https://laohu8.com/S/SIG\">Signet Jewelers Limited</a> price target from $138 to $120.</li><li>JMP Securities lowered the price target on <a href=\"https://laohu8.com/S/DOCU\">DocuSign, Inc.</a> from $180 to $151.</li></ul><ul><li>Barclays raised <a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> price target from $325 to $370.</li><li>Needham boosted price target for <a href=\"https://laohu8.com/S/MDB\">MongoDB, Inc.</a> from $310 to $350.</li><li>Morgan Stanley cut <a href=\"https://laohu8.com/S/LAMR\">Lamar Advertising Company</a> price target from $135 to $103.</li><li>Goldman Sachs cut the price target on <a href=\"https://laohu8.com/S/NFLX\">Netflix, Inc.</a> from $265 to $186.</li><li>JP Morgan raised the price target on <a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines, Inc.</a> from $24 to $30.</li></ul></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>Price Target Changes｜Netflix Lowered to $186 by GS; Adobe Reduced to $530 by Mizuho</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; 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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\">\nPrice Target Changes｜Netflix Lowered to $186 by GS; Adobe Reduced to $530 by Mizuho\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-06-10 22:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Mizuho cut <a href=\"https://laohu8.com/S/ADBE\">Adobe Inc.</a> price target from $600 to $530.</li><li>Evercore ISI Group lowered <a href=\"https://laohu8.com/S/SFIX\">Stitch Fix, Inc.</a> price target from $13 to $10.</li><li>Credit Suisse reduced the price target for <a href=\"https://laohu8.com/S/RENT\">Rent the Runway, Inc.</a> from $11 to $7.</li><li>UBS cut <a href=\"https://laohu8.com/S/SIG\">Signet Jewelers Limited</a> price target from $138 to $120.</li><li>JMP Securities lowered the price target on <a href=\"https://laohu8.com/S/DOCU\">DocuSign, Inc.</a> from $180 to $151.</li></ul><ul><li>Barclays raised <a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> price target from $325 to $370.</li><li>Needham boosted price target for <a href=\"https://laohu8.com/S/MDB\">MongoDB, Inc.</a> from $310 to $350.</li><li>Morgan Stanley cut <a href=\"https://laohu8.com/S/LAMR\">Lamar Advertising Company</a> price target from $135 to $103.</li><li>Goldman Sachs cut the price target on <a href=\"https://laohu8.com/S/NFLX\">Netflix, Inc.</a> from $265 to $186.</li><li>JP Morgan raised the price target on <a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines, Inc.</a> from $24 to $30.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOCU":"Docusign","ADBE":"Adobe","LAMR":"拉马尔户外广告","SAVE":"Spirit Airlines","NFLX":"奈飞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134995108","content_text":"Mizuho cut Adobe Inc. price target from $600 to $530.Evercore ISI Group lowered Stitch Fix, Inc. price target from $13 to $10.Credit Suisse reduced the price target for Rent the Runway, Inc. from $11 to $7.UBS cut Signet Jewelers Limited price target from $138 to $120.JMP Securities lowered the price target on DocuSign, Inc. from $180 to $151.Barclays raised Tesla, Inc. price target from $325 to $370.Needham boosted price target for MongoDB, Inc. from $310 to $350.Morgan Stanley cut Lamar Advertising Company price target from $135 to $103.Goldman Sachs cut the price target on Netflix, Inc. from $265 to $186.JP Morgan raised the price target on Spirit Airlines, Inc. from $24 to $30.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9061209656,"gmtCreate":1651625053348,"gmtModify":1676534937845,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Elon is a daring visionary with pragmatic research to convert his ideas into successful ventures. These ideas have started bearing fruits, &amp; will enrich him even more.&nbsp;","listText":"Elon is a daring visionary with pragmatic research to convert his ideas into successful ventures. These ideas have started bearing fruits, &amp; will enrich him even more.&nbsp;","text":"Elon is a daring visionary with pragmatic research to convert his ideas into successful ventures. These ideas have started bearing fruits, & will enrich him even more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9061209656","isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000466","authorId":"9000000000000466","name":"MR_Wu","avatar":"https://static.tigerbbs.com/67592890bebcf079461acc4e4e6ba6f6","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000466","authorIdStr":"9000000000000466"},"content":"He was always able to turn his dreams into reality.","text":"He was always able to turn his dreams into reality.","html":"He was always able to turn his dreams into reality."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983310471,"gmtCreate":1666149046593,"gmtModify":1676537714235,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>WithBullishWith the Twitter acquisition, Elon will have more firepower to speak his mind &amp; this influence the volatile market. However, TSLA may drop in the long term,&nbsp;following the general downtrend of the recession&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>WithBullishWith the Twitter acquisition, Elon will have more firepower to speak his mind &amp; this influence the volatile market. However, TSLA may drop in the long term,&nbsp;following the general downtrend of the recession&nbsp;","text":"$Tesla Motors(TSLA)$WithBullishWith the Twitter acquisition, Elon will have more firepower to speak his mind & this influence the volatile market. However, TSLA may drop in the long term, following the general downtrend of the recession","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9983310471","isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070847872,"gmtCreate":1657059027697,"gmtModify":1676535938606,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"This new development will boost AAPL&nbsp;","listText":"This new development will boost AAPL&nbsp;","text":"This new development will boost AAPL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070847872","repostId":"2249586909","repostType":4,"repost":{"id":"2249586909","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":1657032240,"share":"https://ttm.financial/m/news/2249586909?lang=&edition=fundamental","pubTime":"2022-07-05 22:44","market":"us","language":"en","title":"Why Apple's BNPL Efforts Could Mark a \"Tipping Point\" in Lending","url":"https://stock-news.laohu8.com/highlight/detail?id=2249586909","media":"Dow Jones","summary":"Apple is taking on lending functions via an in-house finance arm.Apple Inc.'s expansion into buy-now","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> is taking on lending functions via an in-house finance arm.</p><p>Apple Inc.&#39;s expansion into buy-now pay-later financing could be just the beginning of an attempt to shake up the traditional payments system.</p><p>The consumer-electronics giant has made other ventures into financial services before, including through its Apple Pay payment technology and a co-branded credit card done with Goldman Sachs Group Inc. <a href=\"https://laohu8.com/S/GS\">$(GS)$</a>. However, Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> BNPL launch, announced in June at its WWDC developer event, is notable because the company has decided to take on lending functions itself through a new in-house finance arm.</p><p>The endeavor suggests Apple may have greater financial ambitions down the line and could be looking to disrupt not just the BNPL market that encompasses players like Affirm Holdings Inc. <a href=\"https://laohu8.com/S/AFRM\">$(AFRM)$</a> and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. (PYPL), but also the broader banking and financial-technology landscape.</p><p>&#34;It could be very much a tipping point in consumer lending,&#34; said Tom Noyes, the managing partner of the Starpoint LLP advisory business and a Citibank veteran.</p><p>For Pay Later, Apple is leveraging Mastercard Installments, a program by the card giant that lets lenders make installment offers to customers, and Apple&#39;s new finance arm will maintain state lending licenses. Goldman will be the issuing bank, but &#34;in name only,&#34; according to Noyes, since the smartphone giant is creating a new Apple Financing LLC lending entity that will make credit decisions.</p><p>The establishment of an Apple lending unit is &#34;really big news,&#34; Noyes continued, but also a bit of &#34;back to the future.&#34;</p><p>Before <a href=\"https://laohu8.com/S/V\">Visa</a> Inc. (V) and Mastercard Inc. <a href=\"https://laohu8.com/S/MA\">$(MA)$</a> came about and created open-loop cards that could be used nearly anywhere, stores would offer their own credit to customers in a closed-loop model, Noyes said. Now, Apple could be moving to get the best of both worlds: Its forthcoming, open-loop Apple Pay Later product will let consumers split purchases into interest-free chunks at any retailer that accepts Apple Pay, but the company may also see its expansion into lending as a way to help customers better finance the purchase of iPhones and other Apple devices.</p><p>By enabling consumers to more easily afford devices, Apple could boost its sales, expand its ecosystem, and offer a type of financing in BNPL that is gaining steam, especially among younger consumers, despite some concerns that it may cause shoppers to spend beyond their means.</p><p>Apple is also reportedly exploring the creation of in-house payment-processing technology and infrastructure, Bloomberg has said. And longer term, through lending and other endeavors, the company might look for chances to eat away at the traditional banking system given the economics of card transactions.</p><p>When consumers make credit-card purchases at any merchant, that retailer will pay its bank a discount rate, meaning that the retailer doesn&#39;t receive the full price of the item purchased. Then the merchant&#39;s bank divvies up that discount fee into an interchange fee paid to the card-issuing bank, cuts for Mastercard or Visa, and an amount for itself.</p><p>Because Apple is a massive retailer, its card fees add up, and the company may see opportunities to reduce what it pays by getting more involved in the transactional process itself.</p><p>&#34;The reason banks exist is as someone to vouch for you and take on risk in transactions,&#34; Noyes said. &#34;Today Apple, Google, and Amazon know you better than any bank does, and they&#39;re all looking for ways to improve how the financial services that you need are delivered.&#34;</p><p>Instead of paying card fees while its customers also rack up credit-card interest, Apple may be looking at the current financial system and realizing that it &#34;could build this business just from expense savings alone,&#34; Noyes added.</p><p>He noted that emerging markets such as India and Brazil feature payment systems without the fee models that people in the U.S. are used to. &#34;In the U.S., we need to start preparing for days where interchange is going to zero,&#34; Noyes said.</p><p>Even if such a move were to bring success for Apple, it&#39;s an open question whether other retailers could realistically follow the company&#39;s lead in financial services and lending.</p><p>&#34;It takes a fairly big organization to pull this off,&#34; Noyes said. He highlighted that Target Corp. <a href=\"https://laohu8.com/S/TGT\">$(TGT)$</a> has seen strong adoption of its RedCard, though he sees that happening more so on the debit side.</p><p>Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> and Alphabet Inc.&#39;s Google <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) have shown growing ambitions in fintech, but they seem less likely to build their own internal lending businesses.</p><p>As it stands, Amazon has its Amazon Pay digital wallet and works with Affirm to offer installment-payment options. And installments would seem to be &#34;a natural evolution of Google Wallet,&#34; but perhaps in cohort with an existing player, said Jordan McKee, a principal research analyst at 451 Research, which is part of S&amp;P Global Market Intelligence.</p><p>&#34;I think Apple will be somewhat unique...in terms of offering this kind of service fully in-house and lending off its own balance sheet,&#34; McKee said. &#34;I expect others to partner with existing providers and traditional financial institutions.&#34;</p><p>Some banks, for their part, have tried to get ahead of the BNPL threat by offering some variation on the trend themselves. Citi, Chase, and American Express Co. <a href=\"https://laohu8.com/S/AXP\">$(AXP)$</a> have options for consumers looking to break certain purchases into installments.</p><p>Financial institutions &#34;have been watching BNPL closely because they realize that while it may not be a threat to the credit-card side of the business today because the primary users are younger, debit-centric consumers, there&#39;s a real possibility that as those younger consumers that grew up on BNPL get older, they may never graduate,&#34; McKee said.</p><p>A younger consumer whose first credit experience is Apple Pay Later might ultimately move to an Apple Card rather than a credit card from Citi or <a href=\"https://laohu8.com/S/BACXL\">Bank of America Corp.</a> <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a>, he offered.</p><p>McKee is also focused on the broader implications for the BNPL market, which has fallen upon challenging times amid rising interest rates, growing credit risk, and shrinking margins. Affirm, which offers both interest-free and interest-bearing installment products, has seen its shares drop nearly 80% so far this year.</p><p>While Affirm, privately held Klarna, <a href=\"https://laohu8.com/S/SQ2.AU\">Block Inc</a>.&#39;s (SQ) Afterpay, and PayPal are among the big names in the industry, there are a host of smaller players as well. For <a href=\"https://laohu8.com/S/SQ\">Block</a> and PayPal, BNPL is just one part of the overall business, and Affirm and Klarna have expanded into adjacent areas like content discovery and bank-like products featuring debit cards.</p><p>&#34;The BNPL provider that only does BNPL is getting squeezed,&#34; McKee said. There&#39;s a &#34;ramping need for consolidation&#34; or a move into adjacent areas in hopes that a more diversified business &#34;could fend off newcomers into the space like Apple.&#34;</p><p>BNPL services make money in various ways. The typical interest-free offering is merchant funded, meaning that retailers will give BNPL companies some cut of the transaction value in exchange for making consumers more willing to go through with a purchase. Interest-bearing BNPL options are more similar to traditional loans in that consumers are ponying up for the right to pay over time.</p><p>Apple itself doesn&#39;t charge fees to merchants for Apple Pay Later. A Mastercard spokesperson said that &#34;fees related to the program are value-based, and shared by lenders, acquirers, and the network.&#34;</p><p>Apple&#39;s interest-free BNPL offering thus comes at an interesting time for the industry, because merchant fees have been coming down amid growing competition, making it so traditional providers have to find new revenue streams, according to Francisco Alvarez-Evangelista, an advisor at Aite-Novarica Group.</p><p>His research indicates that consumers generally prefer interest-free offerings. But BNPL companies increasingly may be motivated to do more interest-bearing loans for economic reasons.</p><p>Unlike established players, Apple isn&#39;t necessarily looking to make Pay Later a big revenue driver. More likely, the company sees opportunities within lending to reinforce the stickiness of its business and keep consumers locked into the ecosystem, Alvarez-Evangelista said.</p><p>&#34;A big player like Apple can come in and disrupt the space and say, we know competitors are shifting toward interest-bearing, but let&#39;s take a step back and go toward interest-free,&#34; he said.</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>Why Apple's BNPL Efforts Could Mark a \"Tipping Point\" in Lending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Apple's BNPL Efforts Could Mark a \"Tipping Point\" in Lending\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\">2022-07-05 22:44</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/AAPL\">Apple</a> is taking on lending functions via an in-house finance arm.</p><p>Apple Inc.&#39;s expansion into buy-now pay-later financing could be just the beginning of an attempt to shake up the traditional payments system.</p><p>The consumer-electronics giant has made other ventures into financial services before, including through its Apple Pay payment technology and a co-branded credit card done with Goldman Sachs Group Inc. <a href=\"https://laohu8.com/S/GS\">$(GS)$</a>. However, Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> BNPL launch, announced in June at its WWDC developer event, is notable because the company has decided to take on lending functions itself through a new in-house finance arm.</p><p>The endeavor suggests Apple may have greater financial ambitions down the line and could be looking to disrupt not just the BNPL market that encompasses players like Affirm Holdings Inc. <a href=\"https://laohu8.com/S/AFRM\">$(AFRM)$</a> and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. (PYPL), but also the broader banking and financial-technology landscape.</p><p>&#34;It could be very much a tipping point in consumer lending,&#34; said Tom Noyes, the managing partner of the Starpoint LLP advisory business and a Citibank veteran.</p><p>For Pay Later, Apple is leveraging Mastercard Installments, a program by the card giant that lets lenders make installment offers to customers, and Apple&#39;s new finance arm will maintain state lending licenses. Goldman will be the issuing bank, but &#34;in name only,&#34; according to Noyes, since the smartphone giant is creating a new Apple Financing LLC lending entity that will make credit decisions.</p><p>The establishment of an Apple lending unit is &#34;really big news,&#34; Noyes continued, but also a bit of &#34;back to the future.&#34;</p><p>Before <a href=\"https://laohu8.com/S/V\">Visa</a> Inc. (V) and Mastercard Inc. <a href=\"https://laohu8.com/S/MA\">$(MA)$</a> came about and created open-loop cards that could be used nearly anywhere, stores would offer their own credit to customers in a closed-loop model, Noyes said. Now, Apple could be moving to get the best of both worlds: Its forthcoming, open-loop Apple Pay Later product will let consumers split purchases into interest-free chunks at any retailer that accepts Apple Pay, but the company may also see its expansion into lending as a way to help customers better finance the purchase of iPhones and other Apple devices.</p><p>By enabling consumers to more easily afford devices, Apple could boost its sales, expand its ecosystem, and offer a type of financing in BNPL that is gaining steam, especially among younger consumers, despite some concerns that it may cause shoppers to spend beyond their means.</p><p>Apple is also reportedly exploring the creation of in-house payment-processing technology and infrastructure, Bloomberg has said. And longer term, through lending and other endeavors, the company might look for chances to eat away at the traditional banking system given the economics of card transactions.</p><p>When consumers make credit-card purchases at any merchant, that retailer will pay its bank a discount rate, meaning that the retailer doesn&#39;t receive the full price of the item purchased. Then the merchant&#39;s bank divvies up that discount fee into an interchange fee paid to the card-issuing bank, cuts for Mastercard or Visa, and an amount for itself.</p><p>Because Apple is a massive retailer, its card fees add up, and the company may see opportunities to reduce what it pays by getting more involved in the transactional process itself.</p><p>&#34;The reason banks exist is as someone to vouch for you and take on risk in transactions,&#34; Noyes said. &#34;Today Apple, Google, and Amazon know you better than any bank does, and they&#39;re all looking for ways to improve how the financial services that you need are delivered.&#34;</p><p>Instead of paying card fees while its customers also rack up credit-card interest, Apple may be looking at the current financial system and realizing that it &#34;could build this business just from expense savings alone,&#34; Noyes added.</p><p>He noted that emerging markets such as India and Brazil feature payment systems without the fee models that people in the U.S. are used to. &#34;In the U.S., we need to start preparing for days where interchange is going to zero,&#34; Noyes said.</p><p>Even if such a move were to bring success for Apple, it&#39;s an open question whether other retailers could realistically follow the company&#39;s lead in financial services and lending.</p><p>&#34;It takes a fairly big organization to pull this off,&#34; Noyes said. He highlighted that Target Corp. <a href=\"https://laohu8.com/S/TGT\">$(TGT)$</a> has seen strong adoption of its RedCard, though he sees that happening more so on the debit side.</p><p>Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> and Alphabet Inc.&#39;s Google <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) have shown growing ambitions in fintech, but they seem less likely to build their own internal lending businesses.</p><p>As it stands, Amazon has its Amazon Pay digital wallet and works with Affirm to offer installment-payment options. And installments would seem to be &#34;a natural evolution of Google Wallet,&#34; but perhaps in cohort with an existing player, said Jordan McKee, a principal research analyst at 451 Research, which is part of S&amp;P Global Market Intelligence.</p><p>&#34;I think Apple will be somewhat unique...in terms of offering this kind of service fully in-house and lending off its own balance sheet,&#34; McKee said. &#34;I expect others to partner with existing providers and traditional financial institutions.&#34;</p><p>Some banks, for their part, have tried to get ahead of the BNPL threat by offering some variation on the trend themselves. Citi, Chase, and American Express Co. <a href=\"https://laohu8.com/S/AXP\">$(AXP)$</a> have options for consumers looking to break certain purchases into installments.</p><p>Financial institutions &#34;have been watching BNPL closely because they realize that while it may not be a threat to the credit-card side of the business today because the primary users are younger, debit-centric consumers, there&#39;s a real possibility that as those younger consumers that grew up on BNPL get older, they may never graduate,&#34; McKee said.</p><p>A younger consumer whose first credit experience is Apple Pay Later might ultimately move to an Apple Card rather than a credit card from Citi or <a href=\"https://laohu8.com/S/BACXL\">Bank of America Corp.</a> <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a>, he offered.</p><p>McKee is also focused on the broader implications for the BNPL market, which has fallen upon challenging times amid rising interest rates, growing credit risk, and shrinking margins. Affirm, which offers both interest-free and interest-bearing installment products, has seen its shares drop nearly 80% so far this year.</p><p>While Affirm, privately held Klarna, <a href=\"https://laohu8.com/S/SQ2.AU\">Block Inc</a>.&#39;s (SQ) Afterpay, and PayPal are among the big names in the industry, there are a host of smaller players as well. For <a href=\"https://laohu8.com/S/SQ\">Block</a> and PayPal, BNPL is just one part of the overall business, and Affirm and Klarna have expanded into adjacent areas like content discovery and bank-like products featuring debit cards.</p><p>&#34;The BNPL provider that only does BNPL is getting squeezed,&#34; McKee said. There&#39;s a &#34;ramping need for consolidation&#34; or a move into adjacent areas in hopes that a more diversified business &#34;could fend off newcomers into the space like Apple.&#34;</p><p>BNPL services make money in various ways. The typical interest-free offering is merchant funded, meaning that retailers will give BNPL companies some cut of the transaction value in exchange for making consumers more willing to go through with a purchase. Interest-bearing BNPL options are more similar to traditional loans in that consumers are ponying up for the right to pay over time.</p><p>Apple itself doesn&#39;t charge fees to merchants for Apple Pay Later. A Mastercard spokesperson said that &#34;fees related to the program are value-based, and shared by lenders, acquirers, and the network.&#34;</p><p>Apple&#39;s interest-free BNPL offering thus comes at an interesting time for the industry, because merchant fees have been coming down amid growing competition, making it so traditional providers have to find new revenue streams, according to Francisco Alvarez-Evangelista, an advisor at Aite-Novarica Group.</p><p>His research indicates that consumers generally prefer interest-free offerings. But BNPL companies increasingly may be motivated to do more interest-bearing loans for economic reasons.</p><p>Unlike established players, Apple isn&#39;t necessarily looking to make Pay Later a big revenue driver. More likely, the company sees opportunities within lending to reinforce the stickiness of its business and keep consumers locked into the ecosystem, Alvarez-Evangelista said.</p><p>&#34;A big player like Apple can come in and disrupt the space and say, we know competitors are shifting toward interest-bearing, but let&#39;s take a step back and go toward interest-free,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MA":"万事达","BK4170":"电脑硬件、储存设备及电脑周边","AMZN":"亚马逊","BK4554":"元宇宙及AR概念","GS":"高盛","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","GOOGL":"谷歌A","PYPL":"PayPal","BK4571":"数字音乐概念","GOOG":"谷歌","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4566":"资本集团","AAPL":"苹果","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4501":"段永平概念","BK4579":"人工智能","BK4550":"红杉资本持仓","AFRM":"Affirm Holdings, Inc.","BK4574":"无人驾驶","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4512":"苹果概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249586909","content_text":"Apple is taking on lending functions via an in-house finance arm.Apple Inc.'s expansion into buy-now pay-later financing could be just the beginning of an attempt to shake up the traditional payments system.The consumer-electronics giant has made other ventures into financial services before, including through its Apple Pay payment technology and a co-branded credit card done with Goldman Sachs Group Inc. $(GS)$. However, Apple's $(AAPL)$ BNPL launch, announced in June at its WWDC developer event, is notable because the company has decided to take on lending functions itself through a new in-house finance arm.The endeavor suggests Apple may have greater financial ambitions down the line and could be looking to disrupt not just the BNPL market that encompasses players like Affirm Holdings Inc. $(AFRM)$ and PayPal Holdings Inc. (PYPL), but also the broader banking and financial-technology landscape.\"It could be very much a tipping point in consumer lending,\" said Tom Noyes, the managing partner of the Starpoint LLP advisory business and a Citibank veteran.For Pay Later, Apple is leveraging Mastercard Installments, a program by the card giant that lets lenders make installment offers to customers, and Apple's new finance arm will maintain state lending licenses. Goldman will be the issuing bank, but \"in name only,\" according to Noyes, since the smartphone giant is creating a new Apple Financing LLC lending entity that will make credit decisions.The establishment of an Apple lending unit is \"really big news,\" Noyes continued, but also a bit of \"back to the future.\"Before Visa Inc. (V) and Mastercard Inc. $(MA)$ came about and created open-loop cards that could be used nearly anywhere, stores would offer their own credit to customers in a closed-loop model, Noyes said. Now, Apple could be moving to get the best of both worlds: Its forthcoming, open-loop Apple Pay Later product will let consumers split purchases into interest-free chunks at any retailer that accepts Apple Pay, but the company may also see its expansion into lending as a way to help customers better finance the purchase of iPhones and other Apple devices.By enabling consumers to more easily afford devices, Apple could boost its sales, expand its ecosystem, and offer a type of financing in BNPL that is gaining steam, especially among younger consumers, despite some concerns that it may cause shoppers to spend beyond their means.Apple is also reportedly exploring the creation of in-house payment-processing technology and infrastructure, Bloomberg has said. And longer term, through lending and other endeavors, the company might look for chances to eat away at the traditional banking system given the economics of card transactions.When consumers make credit-card purchases at any merchant, that retailer will pay its bank a discount rate, meaning that the retailer doesn't receive the full price of the item purchased. Then the merchant's bank divvies up that discount fee into an interchange fee paid to the card-issuing bank, cuts for Mastercard or Visa, and an amount for itself.Because Apple is a massive retailer, its card fees add up, and the company may see opportunities to reduce what it pays by getting more involved in the transactional process itself.\"The reason banks exist is as someone to vouch for you and take on risk in transactions,\" Noyes said. \"Today Apple, Google, and Amazon know you better than any bank does, and they're all looking for ways to improve how the financial services that you need are delivered.\"Instead of paying card fees while its customers also rack up credit-card interest, Apple may be looking at the current financial system and realizing that it \"could build this business just from expense savings alone,\" Noyes added.He noted that emerging markets such as India and Brazil feature payment systems without the fee models that people in the U.S. are used to. \"In the U.S., we need to start preparing for days where interchange is going to zero,\" Noyes said.Even if such a move were to bring success for Apple, it's an open question whether other retailers could realistically follow the company's lead in financial services and lending.\"It takes a fairly big organization to pull this off,\" Noyes said. He highlighted that Target Corp. $(TGT)$ has seen strong adoption of its RedCard, though he sees that happening more so on the debit side.Amazon.com Inc. $(AMZN)$ and Alphabet Inc.'s Google $(GOOGL)$(GOOGL) have shown growing ambitions in fintech, but they seem less likely to build their own internal lending businesses.As it stands, Amazon has its Amazon Pay digital wallet and works with Affirm to offer installment-payment options. And installments would seem to be \"a natural evolution of Google Wallet,\" but perhaps in cohort with an existing player, said Jordan McKee, a principal research analyst at 451 Research, which is part of S&P Global Market Intelligence.\"I think Apple will be somewhat unique...in terms of offering this kind of service fully in-house and lending off its own balance sheet,\" McKee said. \"I expect others to partner with existing providers and traditional financial institutions.\"Some banks, for their part, have tried to get ahead of the BNPL threat by offering some variation on the trend themselves. Citi, Chase, and American Express Co. $(AXP)$ have options for consumers looking to break certain purchases into installments.Financial institutions \"have been watching BNPL closely because they realize that while it may not be a threat to the credit-card side of the business today because the primary users are younger, debit-centric consumers, there's a real possibility that as those younger consumers that grew up on BNPL get older, they may never graduate,\" McKee said.A younger consumer whose first credit experience is Apple Pay Later might ultimately move to an Apple Card rather than a credit card from Citi or Bank of America Corp. $(BAC)$, he offered.McKee is also focused on the broader implications for the BNPL market, which has fallen upon challenging times amid rising interest rates, growing credit risk, and shrinking margins. Affirm, which offers both interest-free and interest-bearing installment products, has seen its shares drop nearly 80% so far this year.While Affirm, privately held Klarna, Block Inc.'s (SQ) Afterpay, and PayPal are among the big names in the industry, there are a host of smaller players as well. For Block and PayPal, BNPL is just one part of the overall business, and Affirm and Klarna have expanded into adjacent areas like content discovery and bank-like products featuring debit cards.\"The BNPL provider that only does BNPL is getting squeezed,\" McKee said. There's a \"ramping need for consolidation\" or a move into adjacent areas in hopes that a more diversified business \"could fend off newcomers into the space like Apple.\"BNPL services make money in various ways. The typical interest-free offering is merchant funded, meaning that retailers will give BNPL companies some cut of the transaction value in exchange for making consumers more willing to go through with a purchase. Interest-bearing BNPL options are more similar to traditional loans in that consumers are ponying up for the right to pay over time.Apple itself doesn't charge fees to merchants for Apple Pay Later. A Mastercard spokesperson said that \"fees related to the program are value-based, and shared by lenders, acquirers, and the network.\"Apple's interest-free BNPL offering thus comes at an interesting time for the industry, because merchant fees have been coming down amid growing competition, making it so traditional providers have to find new revenue streams, according to Francisco Alvarez-Evangelista, an advisor at Aite-Novarica Group.His research indicates that consumers generally prefer interest-free offerings. But BNPL companies increasingly may be motivated to do more interest-bearing loans for economic reasons.Unlike established players, Apple isn't necessarily looking to make Pay Later a big revenue driver. More likely, the company sees opportunities within lending to reinforce the stickiness of its business and keep consumers locked into the ecosystem, Alvarez-Evangelista said.\"A big player like Apple can come in and disrupt the space and say, we know competitors are shifting toward interest-bearing, but let's take a step back and go toward interest-free,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963060234,"gmtCreate":1668555474528,"gmtModify":1676538074095,"author":{"id":"4114498221568562","authorId":"4114498221568562","name":"Ragz","avatar":"https://community-static.tradeup.com/news/b4ff9d535326b2e5c1e196c2eaee90d6","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4114498221568562","authorIdStr":"4114498221568562"},"themes":[],"htmlText":"Digitisation&nbsp;","listText":"Digitisation&nbsp;","text":"Digitisation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9963060234","repostId":"2283970692","repostType":2,"repost":{"id":"2283970692","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":1668555088,"share":"https://ttm.financial/m/news/2283970692?lang=&edition=fundamental","pubTime":"2022-11-16 07:31","market":"us","language":"en","title":"Banking Giants and New York Fed Start 12-Week Digital Dollar Pilot","url":"https://stock-news.laohu8.com/highlight/detail?id=2283970692","media":"Reuters","summary":"(Reuters) - Global banking giants are starting a 12-week digital dollar pilot with the Federal Reser","content":"<html><head></head><body><p>(Reuters) - Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.</p><p>Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo &amp; Co are among the financial companies participating in the experiment alongside the New York Fed&#39;s innovation center, they said in a statement. The project, which is called the regulated liability network, will be conducted in a test environment and use simulated data, the New York Fed said.</p><p>The pilot will test how banks using digital dollar tokens in a common database can help speed up payments.</p><p>Earlier this month, Michelle Neal, head of the New York Fed&#39;s market&#39;s group, said it sees promise in using a central bank digital dollar to speed up settlement time in currency markets.</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>Banking Giants and New York Fed Start 12-Week Digital Dollar Pilot</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\">\nBanking Giants and New York Fed Start 12-Week Digital Dollar Pilot\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-16 07:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.</p><p>Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo &amp; Co are among the financial companies participating in the experiment alongside the New York Fed&#39;s innovation center, they said in a statement. The project, which is called the regulated liability network, will be conducted in a test environment and use simulated data, the New York Fed said.</p><p>The pilot will test how banks using digital dollar tokens in a common database can help speed up payments.</p><p>Earlier this month, Michelle Neal, head of the New York Fed&#39;s market&#39;s group, said it sees promise in using a central bank digital dollar to speed up settlement time in currency markets.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行","C":"花旗"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283970692","content_text":"(Reuters) - Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo & Co are among the financial companies participating in the experiment alongside the New York Fed's innovation center, they said in a statement. The project, which is called the regulated liability network, will be conducted in a test environment and use simulated data, the New York Fed said.The pilot will test how banks using digital dollar tokens in a common database can help speed up payments.Earlier this month, Michelle Neal, head of the New York Fed's market's group, said it sees promise in using a central bank digital dollar to speed up settlement time in currency markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}