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2023-06-20

Light up your investing everyone!

2023-06-08

Great event

@TigerEvents:Light up your investing with Tiger, play and win prizes worth up to USD 999

2023-01-04

Not good

Google, Meta’s Dominance in Ads Fades

2023-01-01

Great move. Time to load

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2022-11-01

Should be the way

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2022-10-12

Proud owner of class b

Does It Matter What Share Class of Berkshire Hathaway Stock You Buy? Maybe

2022-10-12

Nice target

Tesla Q3: Watch Out For $175 Entry Opportunity

2022-10-12

Sure

JPMorgan Says Too-Hot CPI Would Put Stocks at Risk of 5% Tumble

2022-10-11

Love

Google: The Market Has Lost Its Mind

2022-09-07

Ocbc?

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2022-08-29

Milk is good

China Helps A2 Milk Beat Expectations

2022-08-28

Looks promising

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2022-08-27

Nice

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2022-08-27

Right

Did the Fed Kill the Bear Market Rally?

2022-08-26

Ok

Marvell Stock Drops As Persistent Supply Constraints Weaken Data-Center Forecast

2022-08-24

Does this make sense?

Apple Sees This Business Reaching $10 Billion Soon

2021-06-28

Like and comment s

US IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week

2021-06-28

Like and comment pls

June jobs report, Consumer confidence: What to know this week

2021-06-28

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2021-06-22

Pls like and comment

Brent Oil Edges Above $75 as Investors Assess Tightening Market

Go to Tiger App to see more news

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Their combined U.S. market share hadn’t been under 50% since 2014, said Insider Intelligence, which expects that number to drop to 44.9% this year.</p><p>The ad businesses of Google and Meta are still growing, but Insider’s data suggest the pace is slower than the rest of the U.S. digital-advertising market. Insider forecasting analyst Zachary Goldner said the erosion of their combined market share was the result of brands having access to more advertising formats.</p><p>“All marketers want more options,” Mr. Goldner said.</p><p>Google and Meta each faced headwinds in 2022, as people spent less time online than in the early days of the pandemic; marketers concerned about a possible economic downturn reined in ad spending; Amazon AMZN 2.17%increase; green up pointing triangle.com Inc. and ByteDance Ltd.’s TikTok continued their emergence as a force in digital advertising; and more streaming services started to embrace advertising.</p><p>Meta and other social-media companies including Snap Inc. also suffered from Apple Inc.’s 2021 decision to require apps on its devices to ask users if they wanted to be tracked. The majority of iPhone users opted not to be, hitting the heart of Meta’s business: its ability to target ads at users with precision and prove to marketers that the ads generate sales.</p><p>Google wasn’t as affected by Apple’s move, because its flagship search-ad business relies on customer intent—users’ search terms immediately reveal what they are interested in—rather than data collected from app and web tracking. Its U.S. digital-advertising market share slightly rose to 28.8% in 2022, Insider Intelligence said, but is expected to fall to 26.5% this year.</p><p>Google didn’t respond to a request for comment. On the company’s most recent earnings call in October, executives talked about how search-based advertising tends to do well during challenging economic times.</p><p>Meta had no comment. In its most recent earnings call, Meta said the tracking restriction continued to affect its ad business but noted the effect had diminished.</p><p>Apple’s tracking restriction had an impact for emerging e-commerce companies, which are important to Meta’s ad business. Supergut Chief Executive Marc Washington said the maker of gut-health products used to spend about 80% of its ad budget on Meta’s Facebook and Instagram platforms, with the rest going to Google. In early 2022, he noticed that the cost of bringing in new customers through advertising on Meta’s platforms was twice as high as it was before Apple’s privacy changes. Supergut shifted about half of what it spent on Meta to TikTok, a short-form video platform popular with younger audiences.</p><p>Mr. Washington said Meta remained Supergut’s most efficient advertising platform, but said there are early indications of “TikTok ads performing as well and in some cases better than some of our Meta campaigns.”</p><p>TikTok’s command of the U.S. digital-ad market more than doubled in 2022, Insider Intelligence said, thanks to its nearly 100 million U.S. monthly active users, the virality of the platform and its hold over Gen Z, millennials and influencers. Still, its overall share remains small, accounting for 2% of U.S. digital-ad spending, according to Insider Intelligence, which expects that number to grow to 2.5% this year.</p><p>The gains came as TikTok has received increased scrutiny from Washington, D.C., over national-security concerns U.S. officials say the Chinese-owned app poses—accusations that TikTok has disputed. The company also faces competition from Google’s YouTube and Meta’s Instagram, which have launched offerings that mimic its short-form video-recommendation format.</p><p>One already large digital-advertising player that gained market share in the U.S. last year was Amazon, whose ad business is powered by its ability to target users by their purchase and browsing history. The e-commerce giant accounted for 11.7% of U.S. digital-ad spending last year and is poised to grow to 12.4% in 2023, Insider said.</p><p>“Our advertising is at the point where consumers are ready to spend,” Amazon Chief Financial Officer Brian Olsavsky said on the company’s October conference call.</p><p>Sam Bloom, chief executive of digital-ad agency Camelot Strategic Marketing and Media, said some of its clients that had withheld selling on Amazon started doing so last year, using Amazon ads to promote their products on the platform.</p><p>Other retailers have followed in Amazon’s footsteps by building digital-ad businesses based on their consumer data, known as retail media networks. Combined, Walmart Inc., eBay Inc., Etsy Inc. and Instacart took in about 1.4% of digital-ad dollars spent in the U.S. last year, according to Insider.</p><p>Edwin Fu, chief executive of Placements.io Inc., a tech company that works with digital- publishers and online retailers on billing systems for their ad inventory, described the rise of retail media networks as a “massive race to do what Amazon did.”</p><p>Streaming services also are commanding a larger slice of the digital-advertising pie. Mr. Bloom said many of its clients are shifting their spending away from traditional television and toward video platforms in an effort to reach younger viewers.</p><p>Insider said Roku Inc., Walt Disney Co.’s Hulu, Paramount Global’s Pluto TV and Paramount+, Fox Corp.’s Tubi and Comcast Corp.’s Peacock accounted for about 3.6% of U.S. digital-ad spending last year. The trend is expected to accelerate now that the streaming industry’s two-largest players, Netflix Inc. and Disney+, have launched ad-supported versions.</p><p>Vincent Létang, executive vice president of global market research at Magna, a media- investment firm that is part of Interpublic Group of Cos.‘ Mediabrands, called Netflix and Disney’s entry into the market “a game-changing moment” for ad-supported streaming. “They bring a potentially huge number of viewers,” he said, and a wealth of premium video content.</p><p>Given the emergence of new digital-advertising alternatives, Google and Meta’s declining market share is hardly surprising, said digital ad consultant Ratko Vidakovic. The surprise was actually their 2021 performance, an aberration that he said was caused by the pandemic.</p><p>U.S. digital-ad spending grew by a whopping 41% in 2021, according to media and data giant GroupM, part of WPP PLC. That growth number dipped to 10.7% last year and is expected to slip to 9.2% this year. GroupM expects overall ad spending in the U.S.—excluding political advertising—to grow by 5.5% this year.</p><p>Despite the expectations of slowing growth, digital-advertising platforms will take in an ever-larger share of ad dollars this year, GroupM said: Nearly two-thirds of total U.S. ad spending is expected to go to digital advertising in 2023, compared with less than half in 2019, the last year before the pandemic.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google, Meta’s Dominance in Ads Fades</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\">\nGoogle, Meta’s Dominance in Ads Fades\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/google-and-metas-advertising-dominance-fades-as-tiktok-netflix-emerge-11672711107?mod=hp_lead_pos13><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For the first time in nearly a decade, the two largest players in online advertising are no longer raking in the majority of U.S. digital-ad dollars, a decline that industry insiders expect to ...</p>\n\n<a href=\"https://www.wsj.com/articles/google-and-metas-advertising-dominance-fades-as-tiktok-netflix-emerge-11672711107?mod=hp_lead_pos13\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","META":"Meta Platforms","GOOGL":"谷歌A"},"source_url":"https://www.wsj.com/articles/google-and-metas-advertising-dominance-fades-as-tiktok-netflix-emerge-11672711107?mod=hp_lead_pos13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117185213","content_text":"For the first time in nearly a decade, the two largest players in online advertising are no longer raking in the majority of U.S. digital-ad dollars, a decline that industry insiders expect to continue in years to come.Alphabet Inc.’s Google and Facebook parent Meta Platforms Inc. accounted for a combined 48.4% of U.S. digital-ad spending in 2022, according to estimates from research firm Insider Intelligence Inc. Their combined U.S. market share hadn’t been under 50% since 2014, said Insider Intelligence, which expects that number to drop to 44.9% this year.The ad businesses of Google and Meta are still growing, but Insider’s data suggest the pace is slower than the rest of the U.S. digital-advertising market. Insider forecasting analyst Zachary Goldner said the erosion of their combined market share was the result of brands having access to more advertising formats.“All marketers want more options,” Mr. Goldner said.Google and Meta each faced headwinds in 2022, as people spent less time online than in the early days of the pandemic; marketers concerned about a possible economic downturn reined in ad spending; Amazon AMZN 2.17%increase; green up pointing triangle.com Inc. and ByteDance Ltd.’s TikTok continued their emergence as a force in digital advertising; and more streaming services started to embrace advertising.Meta and other social-media companies including Snap Inc. also suffered from Apple Inc.’s 2021 decision to require apps on its devices to ask users if they wanted to be tracked. The majority of iPhone users opted not to be, hitting the heart of Meta’s business: its ability to target ads at users with precision and prove to marketers that the ads generate sales.Google wasn’t as affected by Apple’s move, because its flagship search-ad business relies on customer intent—users’ search terms immediately reveal what they are interested in—rather than data collected from app and web tracking. Its U.S. digital-advertising market share slightly rose to 28.8% in 2022, Insider Intelligence said, but is expected to fall to 26.5% this year.Google didn’t respond to a request for comment. On the company’s most recent earnings call in October, executives talked about how search-based advertising tends to do well during challenging economic times.Meta had no comment. In its most recent earnings call, Meta said the tracking restriction continued to affect its ad business but noted the effect had diminished.Apple’s tracking restriction had an impact for emerging e-commerce companies, which are important to Meta’s ad business. Supergut Chief Executive Marc Washington said the maker of gut-health products used to spend about 80% of its ad budget on Meta’s Facebook and Instagram platforms, with the rest going to Google. In early 2022, he noticed that the cost of bringing in new customers through advertising on Meta’s platforms was twice as high as it was before Apple’s privacy changes. Supergut shifted about half of what it spent on Meta to TikTok, a short-form video platform popular with younger audiences.Mr. Washington said Meta remained Supergut’s most efficient advertising platform, but said there are early indications of “TikTok ads performing as well and in some cases better than some of our Meta campaigns.”TikTok’s command of the U.S. digital-ad market more than doubled in 2022, Insider Intelligence said, thanks to its nearly 100 million U.S. monthly active users, the virality of the platform and its hold over Gen Z, millennials and influencers. Still, its overall share remains small, accounting for 2% of U.S. digital-ad spending, according to Insider Intelligence, which expects that number to grow to 2.5% this year.The gains came as TikTok has received increased scrutiny from Washington, D.C., over national-security concerns U.S. officials say the Chinese-owned app poses—accusations that TikTok has disputed. The company also faces competition from Google’s YouTube and Meta’s Instagram, which have launched offerings that mimic its short-form video-recommendation format.One already large digital-advertising player that gained market share in the U.S. last year was Amazon, whose ad business is powered by its ability to target users by their purchase and browsing history. The e-commerce giant accounted for 11.7% of U.S. digital-ad spending last year and is poised to grow to 12.4% in 2023, Insider said.“Our advertising is at the point where consumers are ready to spend,” Amazon Chief Financial Officer Brian Olsavsky said on the company’s October conference call.Sam Bloom, chief executive of digital-ad agency Camelot Strategic Marketing and Media, said some of its clients that had withheld selling on Amazon started doing so last year, using Amazon ads to promote their products on the platform.Other retailers have followed in Amazon’s footsteps by building digital-ad businesses based on their consumer data, known as retail media networks. Combined, Walmart Inc., eBay Inc., Etsy Inc. and Instacart took in about 1.4% of digital-ad dollars spent in the U.S. last year, according to Insider.Edwin Fu, chief executive of Placements.io Inc., a tech company that works with digital- publishers and online retailers on billing systems for their ad inventory, described the rise of retail media networks as a “massive race to do what Amazon did.”Streaming services also are commanding a larger slice of the digital-advertising pie. Mr. Bloom said many of its clients are shifting their spending away from traditional television and toward video platforms in an effort to reach younger viewers.Insider said Roku Inc., Walt Disney Co.’s Hulu, Paramount Global’s Pluto TV and Paramount+, Fox Corp.’s Tubi and Comcast Corp.’s Peacock accounted for about 3.6% of U.S. digital-ad spending last year. The trend is expected to accelerate now that the streaming industry’s two-largest players, Netflix Inc. and Disney+, have launched ad-supported versions.Vincent Létang, executive vice president of global market research at Magna, a media- investment firm that is part of Interpublic Group of Cos.‘ Mediabrands, called Netflix and Disney’s entry into the market “a game-changing moment” for ad-supported streaming. “They bring a potentially huge number of viewers,” he said, and a wealth of premium video content.Given the emergence of new digital-advertising alternatives, Google and Meta’s declining market share is hardly surprising, said digital ad consultant Ratko Vidakovic. The surprise was actually their 2021 performance, an aberration that he said was caused by the pandemic.U.S. digital-ad spending grew by a whopping 41% in 2021, according to media and data giant GroupM, part of WPP PLC. That growth number dipped to 10.7% last year and is expected to slip to 9.2% this year. GroupM expects overall ad spending in the U.S.—excluding political advertising—to grow by 5.5% this year.Despite the expectations of slowing growth, digital-advertising platforms will take in an ever-larger share of ad dollars this year, GroupM said: Nearly two-thirds of total U.S. ad spending is expected to go to digital advertising in 2023, compared with less than half in 2019, the last year before the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927423931,"gmtCreate":1672566052423,"gmtModify":1676538705945,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great move. Time to load","listText":"Great move. Time to load","text":"Great move. Time to load","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927423931","repostId":"1192361274","repostType":4,"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982450009,"gmtCreate":1667238170802,"gmtModify":1676537882748,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Should be the way","listText":"Should be the way","text":"Should be the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9982450009","repostId":"1111108157","repostType":2,"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917408844,"gmtCreate":1665552152288,"gmtModify":1676537626327,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Proud owner of class b","listText":"Proud owner of class b","text":"Proud owner of class b","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917408844","repostId":"2274576336","repostType":2,"repost":{"id":"2274576336","pubTimestamp":1665538743,"share":"https://www.laohu8.com/m/news/2274576336?lang=&edition=full","pubTime":"2022-10-12 09:39","market":"us","language":"en","title":"Does It Matter What Share Class of Berkshire Hathaway Stock You Buy? Maybe","url":"https://stock-news.laohu8.com/highlight/detail?id=2274576336","media":"Motley Fool","summary":"Investors can decide to purchase Class A or Class B shares of Berkshire. But which has better performance?","content":"<html><head></head><body><p>If you follow Warren Buffett and his conglomerate <b>Berkshire Hathaway</b>, then what I&#39;m about to tell you is probably obvious. But if you are new to this stock, it may surprise you to learn that there are two different types of Berkshire Hathaway stock: Class A and Class B.</p><p>Class A shares refer to the original Berkshire stock, which has been publicly traded since 1965 and is much more expensive than Class B shares. Berkshire issued Class B shares in 1996 to make Berkshire&#39;s stock more accessible to smaller investors.</p><p>Both classes of shares attract different shareholders for different reasons. But these days you can purchase either, given the power of technology and how it has made purchasing fractional shares much easier. Does it matter which Berkshire shares you purchase? Let&#39;s take a look.</p><h2>Class A versus class B</h2><p>Class A shares widely outperformed the broader market between 1965 and 2021, generating a compound annual gain of 20.1% over that time compared to a compound annual gain of 10.5% for the <b>S&amp;P 500</b> (including dividends), which is a broader benchmark for the market.</p><p>With such a long history of extraordinary performance, Class A shares now trade at more than $403,000 each. Meanwhile, Class B shares currently trade at roughly $266. Back in the day, it was a lot harder to get and trade fractional shares, which is why Buffett and Berkshire saw more of a need.</p><p>One big difference between the two classes of shares today is that Class A shares have much more voting power. Class B shares only carry 1/10,000th of the voting rights of Class A.</p><p>Furthermore, Buffett declared that Class A shareholders will never have to go through any kind of stock split. Meanwhile, Class B shareholders can endure stock splits and did a 50-for-1 stock split in 2010 to make the shares even cheaper. Another difference is that Class A shareholders can convert their shares into an equivalent amount of Class B shares. However, Class B shareholders cannot do the same and would need to sell their shares and then purchase Class A.</p><p>In terms of performance, let&#39;s go back to the introduction of Class B shares on May 6, 1996, and see how they stack up to Class A since that time. The calculation for Class A is fairly straightforward because there was no stock split and Class A shares made total gains of 1,090% since 1996.</p><p>Class B shares of Berkshire opened at about $1,020 per share and rose to about $3,353 prior to the stock split, which dropped shares to about $70.</p><p>But after accounting for the stock split and with shares at $266 now, Class B shares made total gains of about 1,050%, slightly underperforming Class A shares.</p><h2>Does it matter which class you own?</h2><p>While Class A shares outperformed, I do not see a huge difference in which class you decide to invest in -- remember, you are investing in the same company with the same business model and fundamentals.</p><p>Deciding between the two depends more on who you are as an investor and what you are looking for. Smaller investors who may be more passive or newer to investing will likely opt for the Class B shares, as it will generally make buying and selling the stock easier.</p><p>Shareholders who follow Berkshire&#39;s every move a bit more closely might be more interested in purchasing Class A shares for the enhanced voting power, as well as the visibility of knowing there will never be a stock split. Either way, I don&#39;t really think you can go wrong when investing in as strong a company as Berkshire Hathaway.</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>Does It Matter What Share Class of Berkshire Hathaway Stock You Buy? Maybe</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\">\nDoes It Matter What Share Class of Berkshire Hathaway Stock You Buy? Maybe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-12 09:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/11/does-it-matter-share-class-berkshire-hathaway/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you follow Warren Buffett and his conglomerate Berkshire Hathaway, then what I'm about to tell you is probably obvious. But if you are new to this stock, it may surprise you to learn that there are...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/11/does-it-matter-share-class-berkshire-hathaway/\">Web Link</a>\n\n</div>\n\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":"https://www.fool.com/investing/2022/10/11/does-it-matter-share-class-berkshire-hathaway/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274576336","content_text":"If you follow Warren Buffett and his conglomerate Berkshire Hathaway, then what I'm about to tell you is probably obvious. But if you are new to this stock, it may surprise you to learn that there are two different types of Berkshire Hathaway stock: Class A and Class B.Class A shares refer to the original Berkshire stock, which has been publicly traded since 1965 and is much more expensive than Class B shares. Berkshire issued Class B shares in 1996 to make Berkshire's stock more accessible to smaller investors.Both classes of shares attract different shareholders for different reasons. But these days you can purchase either, given the power of technology and how it has made purchasing fractional shares much easier. Does it matter which Berkshire shares you purchase? Let's take a look.Class A versus class BClass A shares widely outperformed the broader market between 1965 and 2021, generating a compound annual gain of 20.1% over that time compared to a compound annual gain of 10.5% for the S&P 500 (including dividends), which is a broader benchmark for the market.With such a long history of extraordinary performance, Class A shares now trade at more than $403,000 each. Meanwhile, Class B shares currently trade at roughly $266. Back in the day, it was a lot harder to get and trade fractional shares, which is why Buffett and Berkshire saw more of a need.One big difference between the two classes of shares today is that Class A shares have much more voting power. Class B shares only carry 1/10,000th of the voting rights of Class A.Furthermore, Buffett declared that Class A shareholders will never have to go through any kind of stock split. Meanwhile, Class B shareholders can endure stock splits and did a 50-for-1 stock split in 2010 to make the shares even cheaper. Another difference is that Class A shareholders can convert their shares into an equivalent amount of Class B shares. However, Class B shareholders cannot do the same and would need to sell their shares and then purchase Class A.In terms of performance, let's go back to the introduction of Class B shares on May 6, 1996, and see how they stack up to Class A since that time. The calculation for Class A is fairly straightforward because there was no stock split and Class A shares made total gains of 1,090% since 1996.Class B shares of Berkshire opened at about $1,020 per share and rose to about $3,353 prior to the stock split, which dropped shares to about $70.But after accounting for the stock split and with shares at $266 now, Class B shares made total gains of about 1,050%, slightly underperforming Class A shares.Does it matter which class you own?While Class A shares outperformed, I do not see a huge difference in which class you decide to invest in -- remember, you are investing in the same company with the same business model and fundamentals.Deciding between the two depends more on who you are as an investor and what you are looking for. Smaller investors who may be more passive or newer to investing will likely opt for the Class B shares, as it will generally make buying and selling the stock easier.Shareholders who follow Berkshire's every move a bit more closely might be more interested in purchasing Class A shares for the enhanced voting power, as well as the visibility of knowing there will never be a stock split. Either way, I don't really think you can go wrong when investing in as strong a company as Berkshire Hathaway.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917501689,"gmtCreate":1665535882641,"gmtModify":1676537622350,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice target","listText":"Nice target","text":"Nice target","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9917501689","repostId":"2274509950","repostType":4,"repost":{"id":"2274509950","pubTimestamp":1665527328,"share":"https://www.laohu8.com/m/news/2274509950?lang=&edition=full","pubTime":"2022-10-12 06:28","market":"us","language":"en","title":"Tesla Q3: Watch Out For $175 Entry Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=2274509950","media":"Seeking Alpha","summary":"SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my an","content":"<html><head></head><body><h2>Summary</h2><ul><li>Based on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).</li><li>This article will detail my analysis of these trigger points so investors can better prepare for its incoming Q3 earnings report.</li><li>I see more downside than upside in the near term.</li><li>Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f30162e5d01c89f44270126190415d5e\" tg-width=\"1080\" tg-height=\"810\" referrerpolicy=\"no-referrer\"/><span>peerapong muangjan/iStock via Getty Images</span></p><h2>Thesis</h2><p>Tesla (NASDAQ:TSLA) experienced its largest one-day selloff recently after the company reported Q3 deliveries that missed consensus expectations. Given the magnitude of such price movements, my view is that the market has already fully bakedits incoming Q3 earnings report (scheduled on Oct. 19, 2022) into the current prices. And as such, I foresee the stock to be range bound between $175 and $250 in the near future. I do not see major catalysts to break this range till its Q4 delivery report.</p><p>This article will detail my analysis of these trigger points so investors can better prepare. Overall, I see more downside (about 22%) than upside (about 12%) in the near term. Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.</p><p>For swing traders, fundamental valuation metrics may be misleading for extremely volatile stocks like TSLA. It is a well-known fact, for such stocks, bottom valuation can occur at the bottom of their near-term cycle and vice versa. Hence, swing traders might find the first chart below more helpful. The stock is currently 46.6% off its recent high. And in the past since 2017, the stock has suffered corrections as large as this current only 3 times: in 2019, 2020, and most recently in 2022. As you can see, in each case, the stock staged a rapid rebound shortly afterward. And the $175 price, if reached due to jitter caused by its Q3 earnings report, would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID fire sale.</p><p>The remainder of this article is more oriented toward long-term holders. A price of $175 would translate into an FW EV/EBITDA of 26.4x, and next, you will see why such an entry valuation creates favorable returns potential in the long term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5603adba6f02bb330db601263275278\" tg-width=\"640\" tg-height=\"373\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9369ffd7a8e33867fdda6d2103c79cb0\" tg-width=\"640\" tg-height=\"278\" referrerpolicy=\"no-referrer\"/><span>Author based on Yahoo data</span></p><h2>Long-term growth potential intact</h2><p>I view the Q3 delivery miss only as a short-term speed bump. To wit, Tesla produced 365,923 vehicles in Q3 and delivered 343,830. These numbers still represent remarkable growth (in the range of 40-50% YOY growth and the range of 30-40% QoQ). However, these numbers missed consensus estimates for deliveries by about 4%.</p><p>First, TSLA still enjoys capital allocation flexibility and is still investing aggressively toward growth. The following chart provides a summary of TSLA maintenance and growth capital spending in the recent past since Jan 2020. Its total depreciation and amortization (&#34;TDA&#34;) are $3.4B. Its CAPEX expenditures are at $7.15B, exceeding its total TDA by $3.75B. In relative terms, its CAPEX expenditures are more than 2x of its TDA.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d6622bf64ea483a455c02f54048b2d6\" tg-width=\"640\" tg-height=\"402\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p>And hence, a large part of its CAPEX spending is toward growth CAPEX. If we approximate its maintenance CAPEX by the TDA, then it has been on average $2.57B since 2020 as seen from the top panel above. And its total CAPEX has been on average $4.76B. The difference of $2.19B can then be used to approximate the amount of growth CAPEX it has been reinvesting. In other words, the growth CAPEX is on average about 46% of the total CAPEX spending in recent years. As a result, its owners&#39; earnings (&#34;OE&#34;) are much higher than its accounting EPS because the growth CAPEX should be added back to its owners&#39; earnings, as shown in the chart below.</p><p>The chart below shows TSLA&#39;s true economic earnings compared to its accounting EPS using Greenwald&#39;s method as detailed in my earlier article or his book entitled Value Investing. As seen, TSLA&#39;s OE has systematically exceeded its accounting EPS and also its FCF (free cash flow) since 2018. As of 2021, its OE is about $9 per share compared to an accounting EPS of only ~$2 per share.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f59bb85704ef18293970f72f967ebe74\" tg-width=\"640\" tg-height=\"402\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>Non-linear growth drivers down the road</h2><p>Looking further out, there are longer-term growth drivers that are highly nonlinear. Currently, TSLA is still a &#34;car&#34; company that derives the bulk of its income from manufacturing and selling cars (84.7% of its total revenue as seen in the chart below).</p><p>However, its other segments, the non-manufacturing segments, are growing rapidly. As a notable example, its automotive services now represent 7.06% of its total revenue. With its FSD potential, such services can break all the limitations of hardware manufacturing. It could become totally scalable just like a software platform, and as a result, enjoys higher-order nonlinear growth. As detailed in my earlier article, a few key factors to consider:</p><blockquote><ol><li><i>FSD can lead to more miles driven. For example, researchers at the</i> <i>Institute of Transportationat the University of California began to show that automated or semi-automated vehicles like those TSLA makes, when there are enough of them in operation, can lead to increased vehicle miles traveled (&#34;VMT&#34;).</i></li><li><i>The FSD technology becomes more valuable when more people use it. In the 2022 Annual</i> <i>Meeting of Stockholders</i> <i>(Thursday, August 4, 2022), Musk believes that Tesla&#39;s cumulative production of vehicles will reach 100 million. Meanwhile, its autonomous driving technology is maturing and scaling up rapidly. As of Q2-2022, over 100,000 Tesla drivers in North America had access to Full Self-Driving Beta. And the accumulated miles driven by Full Self-Driving had been expanding exponentially and reached 35 million miles so far.</i></li></ol></blockquote><p>The factors create new strategies for TSLA to monetize in areas like service sales (service income will be proportional to VMT), insurance income (which would be also proportional to VMT but in a different paradigm with large-scale FSD deployment), and also autonomous driving functions and software.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/11e8ebcb6136fb0b69bfd3b8abd66973\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\"/><span>BofA data and TSLA presentation</span></p><h2>The near-term headwinds</h2><p>Although in the near term, there is no shortage of headwinds to keep the stock price range bound as mentioned above. And the Q3 delivery miss is a symptom of these ongoing headwinds. These headwinds include limited production and shutdowns at its factory in Shanghai for a large part of 1H 2022 and potential disruptions for the rest of the year also. The company still faces challenges associated with ongoing supply-chain disruptions and labor shortages. At the same, other traditional automakers are investing aggressively in their EV development too and competing fiercely for market share. Also, EV adoption is currently driven primarily by government regulations and subsidies, and these regulations and subsidies could change with short notice.</p><p>These uncertainties are encapsulated in the large variance in the consensus estimates. A total of 31 analysts provided earnings revisions for the last 3 months. And the revisions are close to a perfect split between Up Revisions and Down Revisions. A total of 18 analysts submitted an up revision and 13 a down revision. The revised estimates vary widely too. Even for 2022, the lower end of the consensus EPS is $3.75 and the high end is $6.53, a variance of 74%. And the variance widens further to 112% for 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/333c69cc288ac721e338af33d85b6baf\" tg-width=\"640\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>The $175-250 trading range again</h2><p>At its current price level, its valuation is still elevated despite the recent correction. To wit, it is currently valued at around 10.2x EV/sales ratio and 47.8x EV/EBITDA. On an FW basis, the multiples are a bit lower but it is at around 8.3x EV/sales ratio and 33.6x EV/EBITDA. It is expensive both in relative terms and absolute terms in my mind. As a reference point, the overall market is valued at about 3.5x EV/sales and 16x EV/EBITDA. On an absolute scale, leading institutions like BofA Global Research model its near-term valuation around 13x EV/Sales and 55x EV/EBITDA. I think these multiples are way too optimistic given the near-term headwinds and the historical volatility.</p><p>My target valuations are provided in the second chart below. As seen, I am essentially assuming ½ of the valuation provided by BofA in the near term. The lower bound of my price range corresponds to 6.5x FW EV/sales ratio and 26.4x EV/EBITDA. The estimates were made using financial data provided by SA as summarized in the lower part of the table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9cbaf099431a293b3dc5d811169c254\" tg-width=\"640\" tg-height=\"405\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0decb276cfc925bb3c6b0efa8745e5c5\" tg-width=\"640\" tg-height=\"195\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>Risks and final thoughts</h2><p>To reiterate, I see Tesla stock price oscillating in a relatively narrow range of $175-$250 trading range till the Q4 delivery report. With the recent large price movements, the market has baked in the Q3 earnings report already. Overall, I see more downside in the near term than upside due to the near-term headwinds. Its Q3 delivery miss is a symptom of these headwinds, including the lingering effects from its Shanghai factor shutdown, ongoing supply-chain disruptions, labor shortages, et al.</p><p>While there might be some interesting opportunities for both swing traders and long-term investors, the $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding. A price of $175 would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID firesale. For long-term-oriented investors, a price of $175 would translate into a 26.4x EV/EBITDA, leaving a large margin of safety. It is about ½ of the multiples used by leading institutes such as BofA (55x) and close to its multi-year bottom of 23.6x observed in early 2020. Such a margin of safety shortens the timeframe for its nonlinear growth potential such as production ramp-up and FSD to catch up with its current valuations.</p><p><i>This article is written by Envision Research for reference only. Please note the risks.</i></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>Tesla Q3: Watch Out For $175 Entry Opportunity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q3: Watch Out For $175 Entry Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-12 06:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274509950","content_text":"SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my analysis of these trigger points so investors can better prepare for its incoming Q3 earnings report.I see more downside than upside in the near term.Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.peerapong muangjan/iStock via Getty ImagesThesisTesla (NASDAQ:TSLA) experienced its largest one-day selloff recently after the company reported Q3 deliveries that missed consensus expectations. Given the magnitude of such price movements, my view is that the market has already fully bakedits incoming Q3 earnings report (scheduled on Oct. 19, 2022) into the current prices. And as such, I foresee the stock to be range bound between $175 and $250 in the near future. I do not see major catalysts to break this range till its Q4 delivery report.This article will detail my analysis of these trigger points so investors can better prepare. Overall, I see more downside (about 22%) than upside (about 12%) in the near term. Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.For swing traders, fundamental valuation metrics may be misleading for extremely volatile stocks like TSLA. It is a well-known fact, for such stocks, bottom valuation can occur at the bottom of their near-term cycle and vice versa. Hence, swing traders might find the first chart below more helpful. The stock is currently 46.6% off its recent high. And in the past since 2017, the stock has suffered corrections as large as this current only 3 times: in 2019, 2020, and most recently in 2022. As you can see, in each case, the stock staged a rapid rebound shortly afterward. And the $175 price, if reached due to jitter caused by its Q3 earnings report, would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID fire sale.The remainder of this article is more oriented toward long-term holders. A price of $175 would translate into an FW EV/EBITDA of 26.4x, and next, you will see why such an entry valuation creates favorable returns potential in the long term.Seeking Alpha dataAuthor based on Yahoo dataLong-term growth potential intactI view the Q3 delivery miss only as a short-term speed bump. To wit, Tesla produced 365,923 vehicles in Q3 and delivered 343,830. These numbers still represent remarkable growth (in the range of 40-50% YOY growth and the range of 30-40% QoQ). However, these numbers missed consensus estimates for deliveries by about 4%.First, TSLA still enjoys capital allocation flexibility and is still investing aggressively toward growth. The following chart provides a summary of TSLA maintenance and growth capital spending in the recent past since Jan 2020. Its total depreciation and amortization (\"TDA\") are $3.4B. Its CAPEX expenditures are at $7.15B, exceeding its total TDA by $3.75B. In relative terms, its CAPEX expenditures are more than 2x of its TDA.Seeking Alpha dataAnd hence, a large part of its CAPEX spending is toward growth CAPEX. If we approximate its maintenance CAPEX by the TDA, then it has been on average $2.57B since 2020 as seen from the top panel above. And its total CAPEX has been on average $4.76B. The difference of $2.19B can then be used to approximate the amount of growth CAPEX it has been reinvesting. In other words, the growth CAPEX is on average about 46% of the total CAPEX spending in recent years. As a result, its owners' earnings (\"OE\") are much higher than its accounting EPS because the growth CAPEX should be added back to its owners' earnings, as shown in the chart below.The chart below shows TSLA's true economic earnings compared to its accounting EPS using Greenwald's method as detailed in my earlier article or his book entitled Value Investing. As seen, TSLA's OE has systematically exceeded its accounting EPS and also its FCF (free cash flow) since 2018. As of 2021, its OE is about $9 per share compared to an accounting EPS of only ~$2 per share.Author based on Seeking Alpha dataNon-linear growth drivers down the roadLooking further out, there are longer-term growth drivers that are highly nonlinear. Currently, TSLA is still a \"car\" company that derives the bulk of its income from manufacturing and selling cars (84.7% of its total revenue as seen in the chart below).However, its other segments, the non-manufacturing segments, are growing rapidly. As a notable example, its automotive services now represent 7.06% of its total revenue. With its FSD potential, such services can break all the limitations of hardware manufacturing. It could become totally scalable just like a software platform, and as a result, enjoys higher-order nonlinear growth. As detailed in my earlier article, a few key factors to consider:FSD can lead to more miles driven. For example, researchers at the Institute of Transportationat the University of California began to show that automated or semi-automated vehicles like those TSLA makes, when there are enough of them in operation, can lead to increased vehicle miles traveled (\"VMT\").The FSD technology becomes more valuable when more people use it. In the 2022 Annual Meeting of Stockholders (Thursday, August 4, 2022), Musk believes that Tesla's cumulative production of vehicles will reach 100 million. Meanwhile, its autonomous driving technology is maturing and scaling up rapidly. As of Q2-2022, over 100,000 Tesla drivers in North America had access to Full Self-Driving Beta. And the accumulated miles driven by Full Self-Driving had been expanding exponentially and reached 35 million miles so far.The factors create new strategies for TSLA to monetize in areas like service sales (service income will be proportional to VMT), insurance income (which would be also proportional to VMT but in a different paradigm with large-scale FSD deployment), and also autonomous driving functions and software.BofA data and TSLA presentationThe near-term headwindsAlthough in the near term, there is no shortage of headwinds to keep the stock price range bound as mentioned above. And the Q3 delivery miss is a symptom of these ongoing headwinds. These headwinds include limited production and shutdowns at its factory in Shanghai for a large part of 1H 2022 and potential disruptions for the rest of the year also. The company still faces challenges associated with ongoing supply-chain disruptions and labor shortages. At the same, other traditional automakers are investing aggressively in their EV development too and competing fiercely for market share. Also, EV adoption is currently driven primarily by government regulations and subsidies, and these regulations and subsidies could change with short notice.These uncertainties are encapsulated in the large variance in the consensus estimates. A total of 31 analysts provided earnings revisions for the last 3 months. And the revisions are close to a perfect split between Up Revisions and Down Revisions. A total of 18 analysts submitted an up revision and 13 a down revision. The revised estimates vary widely too. Even for 2022, the lower end of the consensus EPS is $3.75 and the high end is $6.53, a variance of 74%. And the variance widens further to 112% for 2023.Author based on Seeking Alpha dataThe $175-250 trading range againAt its current price level, its valuation is still elevated despite the recent correction. To wit, it is currently valued at around 10.2x EV/sales ratio and 47.8x EV/EBITDA. On an FW basis, the multiples are a bit lower but it is at around 8.3x EV/sales ratio and 33.6x EV/EBITDA. It is expensive both in relative terms and absolute terms in my mind. As a reference point, the overall market is valued at about 3.5x EV/sales and 16x EV/EBITDA. On an absolute scale, leading institutions like BofA Global Research model its near-term valuation around 13x EV/Sales and 55x EV/EBITDA. I think these multiples are way too optimistic given the near-term headwinds and the historical volatility.My target valuations are provided in the second chart below. As seen, I am essentially assuming ½ of the valuation provided by BofA in the near term. The lower bound of my price range corresponds to 6.5x FW EV/sales ratio and 26.4x EV/EBITDA. The estimates were made using financial data provided by SA as summarized in the lower part of the table.Seeking Alpha dataAuthor based on Seeking Alpha dataRisks and final thoughtsTo reiterate, I see Tesla stock price oscillating in a relatively narrow range of $175-$250 trading range till the Q4 delivery report. With the recent large price movements, the market has baked in the Q3 earnings report already. Overall, I see more downside in the near term than upside due to the near-term headwinds. Its Q3 delivery miss is a symptom of these headwinds, including the lingering effects from its Shanghai factor shutdown, ongoing supply-chain disruptions, labor shortages, et al.While there might be some interesting opportunities for both swing traders and long-term investors, the $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding. A price of $175 would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID firesale. For long-term-oriented investors, a price of $175 would translate into a 26.4x EV/EBITDA, leaving a large margin of safety. It is about ½ of the multiples used by leading institutes such as BofA (55x) and close to its multi-year bottom of 23.6x observed in early 2020. Such a margin of safety shortens the timeframe for its nonlinear growth potential such as production ramp-up and FSD to catch up with its current valuations.This article is written by Envision Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917503588,"gmtCreate":1665535820745,"gmtModify":1676537622328,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sure","listText":"Sure","text":"Sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9917503588","repostId":"2274522423","repostType":2,"repost":{"id":"2274522423","pubTimestamp":1665533805,"share":"https://www.laohu8.com/m/news/2274522423?lang=&edition=full","pubTime":"2022-10-12 08:16","market":"us","language":"en","title":"JPMorgan Says Too-Hot CPI Would Put Stocks at Risk of 5% Tumble","url":"https://stock-news.laohu8.com/highlight/detail?id=2274522423","media":"Bloomberg","summary":"Inflation below 7.9% seen lifting equity gauge by at least 2%Economic data have never been this nega","content":"<html><head></head><body><ul><li>Inflation below 7.9% seen lifting equity gauge by at least 2%</li><li>Economic data have never been this negatively linked to stocks</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41d0c63bb004493cbf39b762371bd983\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>The Federal Reserve in Washington D.C.Photographer: Graeme Sloan/Bloomberg</span></p><p>With a dovish Federal Reserve pivot seemingly off the table after last week’s employment report, risks for speculators are running high before Thursday’s release of the consumer price index. Anything above the prior reading of 8.3% would be big trouble for the stock market, according to JPMorgan Chase &amp; Co.’s trading desk.</p><p>“This feels like another -5% day,” the team led by Andrew Tyler wrote in a note Monday, noting that the S&amp;P 500 dropped 4.3% on Sept. 13, when August’s inflation reading came in hotter than expected. The scenario is the worst case laid out as a rough guide for clients seeking to navigate the heightened market volatility around economic data.</p><p>JPMorgan economists led by Mike Feroli expect September’s CPI to decline to 8.1%, in line with the median forecast in a Bloomberg survey. Should the data arrive in a range between 8.1% and 8.3%, the bank’s sales trading team see a potential “buyer’s strike” where the S&amp;P 500 slides 1.5% to 2%.</p><p>Unsurprisingly, data on inflation are exerting a huge influence on the stock market. Plotting the S&amp;P 500 performance against top 10 economic indicators such as monthly payrolls and quarterly gross domestic product, Barclays Plc strategists including Anshul Gupta and Stefano Pascale found that, over the past decade, never have stocks been so negatively reactive to an economic indicator as they are now to CPI.</p><p><img src=\"https://static.tigerbbs.com/20c361871043201f1f029c192b35904b\" tg-width=\"800\" tg-height=\"776\" width=\"100%\" height=\"auto\"/></p><p>With the exception of the CPI report for the month of July, the S&amp;P 500 has fallen every time the data was released as consumer prices came in mostly hotter than expected.</p><p>The upcoming data is likely to set the future path of Fed tightening after recent market jitters. The S&amp;P 500 last week scored its best two-day really since April 2020 after weakening manufacturing stoked speculation for a less hawkish central bank, only to slump as a solid jobs report validated those who say thoughts of a Fed pivot are wishful.</p><p>“This week’s CPI will be the most important catalyst into the November 2 Fed meeting; 75bps feels like a foregone conclusion but the following two meetings lack a consensus,” JPMorgan’s Tyler wrote, adding stronger inflation will prompt the bond market repricing to increase the probability of another jumbo rate hike in December.</p><p>On the flip side, the team said, any softening inflation may spark an equity rally, where the S&amp;P 500 is “most likely” to jump 2% to 3% if CPI print comes in below 7.9%. The positive reaction can be more pronounced if CPI pulls back by an amount that exceeds the 60 basis points experienced in July.</p><p>“Then calls for a Fed pause/pivot may become deafening,” the team wrote.</p><p><img src=\"https://static.tigerbbs.com/f3eef4d6bd70768fd11e39d730b25b66\" tg-width=\"877\" tg-height=\"793\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Says Too-Hot CPI Would Put Stocks at Risk of 5% Tumble</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\">\nJPMorgan Says Too-Hot CPI Would Put Stocks at Risk of 5% Tumble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-12 08:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-11/jpmorgan-says-too-hot-cpi-would-put-stocks-at-risk-of-5-tumble><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation below 7.9% seen lifting equity gauge by at least 2%Economic data have never been this negatively linked to stocksThe Federal Reserve in Washington D.C.Photographer: Graeme Sloan/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-11/jpmorgan-says-too-hot-cpi-would-put-stocks-at-risk-of-5-tumble\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-11/jpmorgan-says-too-hot-cpi-would-put-stocks-at-risk-of-5-tumble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274522423","content_text":"Inflation below 7.9% seen lifting equity gauge by at least 2%Economic data have never been this negatively linked to stocksThe Federal Reserve in Washington D.C.Photographer: Graeme Sloan/BloombergWith a dovish Federal Reserve pivot seemingly off the table after last week’s employment report, risks for speculators are running high before Thursday’s release of the consumer price index. Anything above the prior reading of 8.3% would be big trouble for the stock market, according to JPMorgan Chase & Co.’s trading desk.“This feels like another -5% day,” the team led by Andrew Tyler wrote in a note Monday, noting that the S&P 500 dropped 4.3% on Sept. 13, when August’s inflation reading came in hotter than expected. The scenario is the worst case laid out as a rough guide for clients seeking to navigate the heightened market volatility around economic data.JPMorgan economists led by Mike Feroli expect September’s CPI to decline to 8.1%, in line with the median forecast in a Bloomberg survey. Should the data arrive in a range between 8.1% and 8.3%, the bank’s sales trading team see a potential “buyer’s strike” where the S&P 500 slides 1.5% to 2%.Unsurprisingly, data on inflation are exerting a huge influence on the stock market. Plotting the S&P 500 performance against top 10 economic indicators such as monthly payrolls and quarterly gross domestic product, Barclays Plc strategists including Anshul Gupta and Stefano Pascale found that, over the past decade, never have stocks been so negatively reactive to an economic indicator as they are now to CPI.With the exception of the CPI report for the month of July, the S&P 500 has fallen every time the data was released as consumer prices came in mostly hotter than expected.The upcoming data is likely to set the future path of Fed tightening after recent market jitters. The S&P 500 last week scored its best two-day really since April 2020 after weakening manufacturing stoked speculation for a less hawkish central bank, only to slump as a solid jobs report validated those who say thoughts of a Fed pivot are wishful.“This week’s CPI will be the most important catalyst into the November 2 Fed meeting; 75bps feels like a foregone conclusion but the following two meetings lack a consensus,” JPMorgan’s Tyler wrote, adding stronger inflation will prompt the bond market repricing to increase the probability of another jumbo rate hike in December.On the flip side, the team said, any softening inflation may spark an equity rally, where the S&P 500 is “most likely” to jump 2% to 3% if CPI print comes in below 7.9%. The positive reaction can be more pronounced if CPI pulls back by an amount that exceeds the 60 basis points experienced in July.“Then calls for a Fed pause/pivot may become deafening,” the team wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917880931,"gmtCreate":1665472023723,"gmtModify":1676537612553,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Love","listText":"Love","text":"Love","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917880931","repostId":"1153750551","repostType":2,"repost":{"id":"1153750551","pubTimestamp":1665466819,"share":"https://www.laohu8.com/m/news/1153750551?lang=&edition=full","pubTime":"2022-10-11 13:40","market":"us","language":"en","title":"Google: The Market Has Lost Its Mind","url":"https://stock-news.laohu8.com/highlight/detail?id=1153750551","media":"Seeking Alpha","summary":"SummaryDespite the latest depreciation in its stock price, Google’s dominant position in the digital","content":"<html><head></head><body><h2>Summary</h2><ul><li>Despite the latest depreciation in its stock price, Google’s dominant position in the digital ads market should help the company to successfully weather the current uncertain economic environment.</li><li>In addition, the expansion into new mediums could help the business to thrive in a new global regulatory framework.</li><li>This article highlights the potential catalysts that could help Google’s stock to appreciate in the foreseeable future.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4dd37b553ffb10c6fe59a1d889775718\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>400tmax/iStock Unreleased via Getty Images</span></p><p>Currently, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is one of the most resilient businesses in the world. Despite the macroeconomic uncertainty, the company has all the chances to continue to have a dominant position in the digitalads market, it has more than enough resources to weather a major crisis, and its latest initiatives could help it to continue to expand its business more even in the current turbulent environment.</p><p>While there&#39;s a high chance that the regulators from both sides of the Atlantic would be looking for ways to break the company&#39;s digital monopoly, there&#39;s a small possibility that major regulatory risks will materialize in the short to near-term. As a result, it&#39;s safe to assume that the market underestimates Google&#39;s ability to create shareholder value in the foreseeable future, since at the current levels the company&#39;s shares trade at a discount to fair value of as much as ~40% in the base-case scenario, creating an opportunity to profit from for investors.</p><h2>Cyclical Decline Creates New Opportunities</h2><p>It&#39;s safe to say that the digital advertising industry is currently in a cyclical decline due to the turbulent macroeconomic environment. After relatively weak performances in recent quarters, digital advertisers such as Meta Platforms(META) and Snap(SNAP) already publicly announced that they&#39;ll start laying off their people. At the same time, there&#39;s a risk that the current cyclical decline in the industry would be prolonged into 2023 due to geopolitical uncertainty and a more hawkish Fed policy, which in the end will likely result in a global recession. The latest forecasts already show that while digital advertising spending would continue to increase, the overall spending growth rate in the U.S. would decelerate in the second half of 2022 and 2023.</p><p>However, the good news is that despite all of this, it&#39;s safe to say that Google would be able to navigate through this turbulent period with relative ease thanks to its significant war chest and greater competitive advantages against others. The company wasn&#39;t affected as much by Apple&#39;s (AAPL) privacy policy change that is forecasted tocostMeta alone ~$10 billion in lost revenues, and in Q2 it performed mostly better against its peers as it only barely missed its expectations. On top of that, the company&#39;s search and video business continue to grow at an impressive rate, as the revenues for Google Search and YouTube in Q2 were up 13.5% Y/Y and 7.34% Y/Y to $40.7 billion and $7.34 billion, respectively.</p><p>As the company is about to report its Q3 earnings results later this month, there&#39;s an indication that despite all the troubles that the industry is currently experiencing, Google would be able to continue to expand its competitive edge along with its market share in the foreseeable future. In addition to the pledge to invest $690 billion in Japan by 2024 to improve its products and services, Google is also about to begin monetizing YouTube Shorts in order to gain additional market share in the short video format field.</p><p>As a digital advertiser myself, I believe that it makes sense for the company to explore new opportunities in the short video format for several reasons. First of all, thanks to the rise in popularity of ByteDance&#39;s (BDNCE) TikTok app in recent years, we know that a short video format is an engaging way for users to interact with each other. According to different reports, TikTok&#39;s revenue is about to surpass the revenues of Twitter (TWTR) and Snapchat combined later this year, which is a sign that there&#39;s an opportunity for monetization in the short video format, especially for a company like Google that already has a significant presence in video thanks to YouTube.</p><p>What&#39;s also important to mention is that despite significant growth in recent years, TikTok has a major problem that makes it exposed to competition. That problem is the lack of incentives for content creators to continue to create short-form videos, as they don&#39;t generate a lot of revenue from ads and instead rely almost entirely on sponsorship deals from which the app doesn&#39;t make any profits. While earlier this year TikTok announced a 50% ad revenue share program, that program is covering only a small portion of content creators.</p><p>Considering this, there&#39;s a high probability that the short format video creators at the very least would be interested in exploring what Google has them to offer with YouTube Shorts. From what we already know, Google plans to pay 45% of the ad revenue to those YouTube Shorts creators, who have over 1000 subscribers and 4000 watched hours, which could be considered a relatively low entry requirement. At the same time, the company&#39;s management in the latest Q2 earnings call said that the initial results of the YouTube Shorts monetization program were encouraging and that the program itself will be launched at the beginning of 2023. If Google manages to successfully launch the program and lure in a large portion of TikTok content creators, then the company would have new opportunities to accelerate the growth of its video advertising business, which should result in the creation of additional shareholder value in years to come.</p><p>In addition to all of this, while the advertising spending growth rate in comparison to the growth rate of recent years is expected to depreciate in the following quarters, there will come a time when this cyclical decline will reverse, and by that time, Google would have additional tools that should help it to benefit the most from this change. Some reports suggest that by 2027 the ad spending in the digital advertising market would reach over $1 trillion, with search and video advertising leading in the amount of spending in comparison to other segments.</p><p>Considering that it&#39;s unlikely that Google would lose its dominant position in the search segment due to the competitive edge that it built over the last couple of decades, it makes sense for the company to focus on the video segment, which has the potential to continue to grow at an aggressive rate in the following decade. If the company manages to successfully launch the YouTube Shorts monetization program and actively attract major content creators, then it&#39;ll likely be able to capture a significant portion of the video segment in years to come.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c14607b2c95dfc6a1c595c6c7df7046b\" tg-width=\"866\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Ad Spending by Segment Forecast (Statista)</span></p><p>Considering all of this, it appears that the latest depreciation of Google&#39;s shares is nothing more than a market overreaction due to the worsening macroeconomic environment. Even when it becomes obvious that it&#39;s likely that we&#39;ll enter a global recession in the following quarters, the latest estimates still suggest that Google would be able to continue to grow its top-line at a double-digit growth rate, which is a sign that its business is as resilient as ever.</p><p>To figure out how much upside Google&#39;s shares offer at the current levels, I have recently updated my DCF model where the top-line growth is almost in-line with the street forecast, while all the other major metrics are either averages of recent years or close to the latest reported period. The WACC in the model is 7% while the terminal growth rate is 3%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2448ec9d68b1c73897a9666d8666e993\" tg-width=\"913\" tg-height=\"456\" width=\"100%\" height=\"auto\"/><span>Google&#39;s DCF Model (Historical Data: Seeking Alpha, Assumptions: Author)</span></p><p>My model shows that Google&#39;s fair value is $142.44 per share, which implies an upside of as much as 40% from the current levels. My price target is also close to the street consensus price target of $139.42 per share.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/50a3965ae6ea66e236eb248b2077aa1f\" tg-width=\"716\" tg-height=\"156\" width=\"100%\" height=\"auto\"/><span>Google&#39;s DCF Model (Historical Data: Seeking Alpha, Assumptions: Author)</span></p><p>Considering all of this, it makes sense to say that the market lost its mind when it punished Google&#39;s shares to the levels at which it trades today. However, the good news is that thanks to such an irrational depreciation, investors now have an opportunity to profit, as there&#39;s every reason to believe that the company would be able to successfully navigate through the current turbulent environment and even increase its presence in the video segment at the same time.</p><h2>Risks</h2><p>In the short to near-term, the only major risk to the company is a prolonged global recession. The latest decision of OPEC to cut its oil production along with the Fed&#39;s decision to continue to execute its hawkish policy and engage in quantitative tightening to tame inflation have already severely rocked the markets and there&#39;s a risk that most stocks will continue to depreciate in the foreseeable future. As a result, there&#39;s a possibility that Google&#39;s stock would continue to decline and trade at even more irrational levels until the macroeconomic situation, over which the company has no control, improves over time.</p><p>As for the long-term risks, I believe that a change in the regulatory environment and the constant prosecution from the antitrust watchdogs is the only major thing that can disrupt Google&#39;s business model in the following years. Back in June, I already wrote an article that explained how the regulators from both sides of the Atlantic are looking for ways to level the playing field, which includes stripping Google and its peers their monopoly status in the digital advertising space. In recent months, several major developments have occurred, which could potentially force Google to make some unpleasant changes to its business and lead to lower returns in years to come. However, those developments don&#39;t pose a major threat to the company in the short to the near term, as they&#39;re unlikely to materialize anytime soon, but I plan to write a separate article about this and highlight what Google investors should expect from the upcoming changes on the regulatory front.</p><h2>The Bottom Line</h2><p>While there are certain regulatory risks regarding Google, those risks are unlikely to severely affect the company&#39;s position in the digital ads market anytime soon. At the same time, with a nearly 40% upside, it appears that the company&#39;s stock is oversold and could be considered a bargain at the current levels.</p><p>Let&#39;s not forget that Google has more than enough resources to weather turbulent times, and at the same time, it has more than enough capabilities to continue to launch new products and services, which are able to create new monetization opportunities for the business and help it to further expand.</p><p>Considering this and the fact that there&#39;s an indication that the company will continue to generate double-digit returns despite the macroeconomic concerns, it appears that Google continues to be a solid stock to own for investors, especially at the current levels.</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>Google: The Market Has Lost Its Mind</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle: The Market Has Lost Its Mind\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-11 13:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545439-google-market-lost-mind-potential-upside><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryDespite the latest depreciation in its stock price, Google’s dominant position in the digital ads market should help the company to successfully weather the current uncertain economic ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545439-google-market-lost-mind-potential-upside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://seekingalpha.com/article/4545439-google-market-lost-mind-potential-upside","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153750551","content_text":"SummaryDespite the latest depreciation in its stock price, Google’s dominant position in the digital ads market should help the company to successfully weather the current uncertain economic environment.In addition, the expansion into new mediums could help the business to thrive in a new global regulatory framework.This article highlights the potential catalysts that could help Google’s stock to appreciate in the foreseeable future.400tmax/iStock Unreleased via Getty ImagesCurrently, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is one of the most resilient businesses in the world. Despite the macroeconomic uncertainty, the company has all the chances to continue to have a dominant position in the digitalads market, it has more than enough resources to weather a major crisis, and its latest initiatives could help it to continue to expand its business more even in the current turbulent environment.While there's a high chance that the regulators from both sides of the Atlantic would be looking for ways to break the company's digital monopoly, there's a small possibility that major regulatory risks will materialize in the short to near-term. As a result, it's safe to assume that the market underestimates Google's ability to create shareholder value in the foreseeable future, since at the current levels the company's shares trade at a discount to fair value of as much as ~40% in the base-case scenario, creating an opportunity to profit from for investors.Cyclical Decline Creates New OpportunitiesIt's safe to say that the digital advertising industry is currently in a cyclical decline due to the turbulent macroeconomic environment. After relatively weak performances in recent quarters, digital advertisers such as Meta Platforms(META) and Snap(SNAP) already publicly announced that they'll start laying off their people. At the same time, there's a risk that the current cyclical decline in the industry would be prolonged into 2023 due to geopolitical uncertainty and a more hawkish Fed policy, which in the end will likely result in a global recession. The latest forecasts already show that while digital advertising spending would continue to increase, the overall spending growth rate in the U.S. would decelerate in the second half of 2022 and 2023.However, the good news is that despite all of this, it's safe to say that Google would be able to navigate through this turbulent period with relative ease thanks to its significant war chest and greater competitive advantages against others. The company wasn't affected as much by Apple's (AAPL) privacy policy change that is forecasted tocostMeta alone ~$10 billion in lost revenues, and in Q2 it performed mostly better against its peers as it only barely missed its expectations. On top of that, the company's search and video business continue to grow at an impressive rate, as the revenues for Google Search and YouTube in Q2 were up 13.5% Y/Y and 7.34% Y/Y to $40.7 billion and $7.34 billion, respectively.As the company is about to report its Q3 earnings results later this month, there's an indication that despite all the troubles that the industry is currently experiencing, Google would be able to continue to expand its competitive edge along with its market share in the foreseeable future. In addition to the pledge to invest $690 billion in Japan by 2024 to improve its products and services, Google is also about to begin monetizing YouTube Shorts in order to gain additional market share in the short video format field.As a digital advertiser myself, I believe that it makes sense for the company to explore new opportunities in the short video format for several reasons. First of all, thanks to the rise in popularity of ByteDance's (BDNCE) TikTok app in recent years, we know that a short video format is an engaging way for users to interact with each other. According to different reports, TikTok's revenue is about to surpass the revenues of Twitter (TWTR) and Snapchat combined later this year, which is a sign that there's an opportunity for monetization in the short video format, especially for a company like Google that already has a significant presence in video thanks to YouTube.What's also important to mention is that despite significant growth in recent years, TikTok has a major problem that makes it exposed to competition. That problem is the lack of incentives for content creators to continue to create short-form videos, as they don't generate a lot of revenue from ads and instead rely almost entirely on sponsorship deals from which the app doesn't make any profits. While earlier this year TikTok announced a 50% ad revenue share program, that program is covering only a small portion of content creators.Considering this, there's a high probability that the short format video creators at the very least would be interested in exploring what Google has them to offer with YouTube Shorts. From what we already know, Google plans to pay 45% of the ad revenue to those YouTube Shorts creators, who have over 1000 subscribers and 4000 watched hours, which could be considered a relatively low entry requirement. At the same time, the company's management in the latest Q2 earnings call said that the initial results of the YouTube Shorts monetization program were encouraging and that the program itself will be launched at the beginning of 2023. If Google manages to successfully launch the program and lure in a large portion of TikTok content creators, then the company would have new opportunities to accelerate the growth of its video advertising business, which should result in the creation of additional shareholder value in years to come.In addition to all of this, while the advertising spending growth rate in comparison to the growth rate of recent years is expected to depreciate in the following quarters, there will come a time when this cyclical decline will reverse, and by that time, Google would have additional tools that should help it to benefit the most from this change. Some reports suggest that by 2027 the ad spending in the digital advertising market would reach over $1 trillion, with search and video advertising leading in the amount of spending in comparison to other segments.Considering that it's unlikely that Google would lose its dominant position in the search segment due to the competitive edge that it built over the last couple of decades, it makes sense for the company to focus on the video segment, which has the potential to continue to grow at an aggressive rate in the following decade. If the company manages to successfully launch the YouTube Shorts monetization program and actively attract major content creators, then it'll likely be able to capture a significant portion of the video segment in years to come.Ad Spending by Segment Forecast (Statista)Considering all of this, it appears that the latest depreciation of Google's shares is nothing more than a market overreaction due to the worsening macroeconomic environment. Even when it becomes obvious that it's likely that we'll enter a global recession in the following quarters, the latest estimates still suggest that Google would be able to continue to grow its top-line at a double-digit growth rate, which is a sign that its business is as resilient as ever.To figure out how much upside Google's shares offer at the current levels, I have recently updated my DCF model where the top-line growth is almost in-line with the street forecast, while all the other major metrics are either averages of recent years or close to the latest reported period. The WACC in the model is 7% while the terminal growth rate is 3%.Google's DCF Model (Historical Data: Seeking Alpha, Assumptions: Author)My model shows that Google's fair value is $142.44 per share, which implies an upside of as much as 40% from the current levels. My price target is also close to the street consensus price target of $139.42 per share.Google's DCF Model (Historical Data: Seeking Alpha, Assumptions: Author)Considering all of this, it makes sense to say that the market lost its mind when it punished Google's shares to the levels at which it trades today. However, the good news is that thanks to such an irrational depreciation, investors now have an opportunity to profit, as there's every reason to believe that the company would be able to successfully navigate through the current turbulent environment and even increase its presence in the video segment at the same time.RisksIn the short to near-term, the only major risk to the company is a prolonged global recession. The latest decision of OPEC to cut its oil production along with the Fed's decision to continue to execute its hawkish policy and engage in quantitative tightening to tame inflation have already severely rocked the markets and there's a risk that most stocks will continue to depreciate in the foreseeable future. As a result, there's a possibility that Google's stock would continue to decline and trade at even more irrational levels until the macroeconomic situation, over which the company has no control, improves over time.As for the long-term risks, I believe that a change in the regulatory environment and the constant prosecution from the antitrust watchdogs is the only major thing that can disrupt Google's business model in the following years. Back in June, I already wrote an article that explained how the regulators from both sides of the Atlantic are looking for ways to level the playing field, which includes stripping Google and its peers their monopoly status in the digital advertising space. In recent months, several major developments have occurred, which could potentially force Google to make some unpleasant changes to its business and lead to lower returns in years to come. However, those developments don't pose a major threat to the company in the short to the near term, as they're unlikely to materialize anytime soon, but I plan to write a separate article about this and highlight what Google investors should expect from the upcoming changes on the regulatory front.The Bottom LineWhile there are certain regulatory risks regarding Google, those risks are unlikely to severely affect the company's position in the digital ads market anytime soon. At the same time, with a nearly 40% upside, it appears that the company's stock is oversold and could be considered a bargain at the current levels.Let's not forget that Google has more than enough resources to weather turbulent times, and at the same time, it has more than enough capabilities to continue to launch new products and services, which are able to create new monetization opportunities for the business and help it to further expand.Considering this and the fact that there's an indication that the company will continue to generate double-digit returns despite the macroeconomic concerns, it appears that Google continues to be a solid stock to own for investors, especially at the current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938049335,"gmtCreate":1662529752928,"gmtModify":1676537081401,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ocbc?","listText":"Ocbc?","text":"Ocbc?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938049335","repostId":"1101386534","repostType":2,"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997339090,"gmtCreate":1661740042413,"gmtModify":1676536570771,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Milk is good","listText":"Milk is good","text":"Milk is good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997339090","repostId":"1180475662","repostType":4,"repost":{"id":"1180475662","pubTimestamp":1661739077,"share":"https://www.laohu8.com/m/news/1180475662?lang=&edition=full","pubTime":"2022-08-29 10:11","market":"nz","language":"en","title":"China Helps A2 Milk Beat Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1180475662","media":"AFR","summary":"A better-than-expected result in China is making The a2 Milk Company a rare bright spot on the marke","content":"<html><head></head><body><p>A better-than-expected result in China is making The a2 Milk Company a rare bright spot on the market thanks to double-digit growth in earnings and sales as well as plans for a $NZ150 million ($133.6 million) buyback.</p><p>Investors liked the news from the dual-listed company, piling into a2 Milk and sending the stock up 8.4 percent to $5.32 each. It was one of only three S&amp;P/ASX 200 Index companies to be in the black as of mid-morning on Monday.</p><p><img src=\"https://static.tigerbbs.com/17ef608301719f635626838d8b7ec368\" tg-width=\"642\" tg-height=\"291\" referrerpolicy=\"no-referrer\"/>Chief executive David Bortolussi said the inventory management actions taken last calendar year to reduce excess milk formula were effective and now at target levels. He said product freshness is now among the best in the industry and market pricing has improved.</p><p>A year ago, a2 Milk took more than $NZ100 million in stock write-downs of aged inventory.</p><p>“Those difficult decisions we made last year around different inventory have worked and set the foundation for the result this year,” he told investors on a call.</p><p>“We’ve made the right calls in relation to that, and the focus on the channels to market and our execution of all those initiatives is really starting to make good early progress.”</p><p>Mr Bortolussi said a2 Milk is on track to meet its medium-term ambition to grow sales to $NZ2 billion or more and improve margins over time.</p><p>He expects high single-digit revenue growth in fiscal 2023 after posting a 19.8 percent jump to $NZ1.446.2 billion in sales over the 2022 year. This was underpinned by Chinese and English label sales rising 12.2 percent and 11.6 percent, respectively.</p><p>Gross margin percentage this financial year was expected to be broadly in line with 2022 – consensus is sitting at 14.3 percent this year – with cost pressures to be offset by price increases, mix benefits and cost mitigation initiatives.</p><p>Australia New Zealand and USA liquid milk sales gained 1.8 percent and 30.2 percent respectively over the 2022 year.</p><p>Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 59 percent to $NZ196.2 million. The EBITDA to sales margin increased to 13.6 percent compared with 10.2 percent a year ago.</p><p>Net profit after tax gained 52 percent to $NZ122.6 million. NPAT was slightly lower at $114.2 million when considering its partial holding milk and nutritional powders maker Mataura Valley Milk, which posted a loss.</p><p>The on-market buyback will kick off towards the end of September and may run for up to a year. The program will not exceed 5 percent of the issued capital.</p><p><b>China is better than expected</b></p><p>Analysts were highly complimentary of the results and turnaround.</p><p>Bank of American analyst David Errington said on a call it appears Mr Bortolussi has better control of the operations now. Citi analyst Sam Teeger said in a note that the full-year results were driven primarily by a better-than-expected China performance.</p><p>A2 Milk’s most critical business development focus was to ensure it delivered its full potential in China, the biggest formula market in the world valued in the region at $26 billion.</p><p>A2 Milk continued to grow its market share in China – despite sales to daigou falling. <i>The Australian Financial Review</i> recently revealed that a2 milk’s biggest daigou customer had not been buying any tins since March.</p><p>Mr Bortolussi said the Shanghai lockdowns actually helped sales, inducing some panic buying from March/April onwards. But he expects some of that consumer demand to unwind this half. A2 Milk is putting up prices to counter the rising costs of doing business like freight.</p><p>The number of births in China fell by 11.5 percent in 2022, and the birthrate is expected to slide further, presenting problems for the entire infant formula sector.</p><p><b>Well-known brand</b></p><p>This decline was partially offset by more households buying formula. But in volume terms, the overall market in China fell by 4.3 percent in fiscal 2022, with several years of declining newborns having an impact on sales of formula tins Stages 2 and 3. This was partially offset with growth in Stage 4 tins – aimed at toddlers.</p><p>Mr Bortolussi told analysts that it was easy to get caught up in the falling China birthrate headline but when looking at the segments in which a2 Milk plays, the premiumisation trend continues higher.</p><p>“It’s easy to get caught up in that birth rate impact, but overall, we only have a 4 or 5 percent share of the market, our brand is one of the most well known from a consumer point of view,” he said.</p><p>Mr Bortolussi said the ultra-premium segment is still growing and so is the a2 protein category, which puts a2 Milk in a good position as the pioneer in this category.</p><p>China label infant formula sales are expected to rise this year with significant growth in sales this half while the second half sales growth is expected to be impacted by the transition to the company’s pending new GB registration.</p><p>Mr Bortoulssi warned that while its registration process to China’s State Administration for Market Regulation for its China label IMF product was processing with its partner NZ’s Synlait, the timing for any approval was uncertain.</p><p>He noted that he does expect to get an extension to its current licence in September.</p><p>Mr Bortolussi said despite the recent setback by the key US regulator to defer its entry into the US market, the outlook for the business this year was positive with continued revenue and earnings growth expected.</p><p>The company is on track to deliver on its medium-term financial and non-financial ambitions to achieve $NZ2 billion in annual sales over the medium term which was flagged at the investor day last October.</p><p>The company also announced today the appointment of David Wang as a non-executive director, while deputy chairman, Julia Hoare, plans to step down after 2023 interim results in February.</p></body></html>","source":"lsy1647389686240","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nChina Helps A2 Milk Beat Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-29 10:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/companies/manufacturing/a2-milk-to-launch-136m-buyback-20220829-p5bdgn><strong>AFR</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A better-than-expected result in China is making The a2 Milk Company a rare bright spot on the market thanks to double-digit growth in earnings and sales as well as plans for a $NZ150 million ($133.6 ...</p>\n\n<a href=\"https://www.afr.com/companies/manufacturing/a2-milk-to-launch-136m-buyback-20220829-p5bdgn\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACOPF":"A2 Milk Co Ltd.","A2M.AU":"A2 MILK CO LTD"},"source_url":"https://www.afr.com/companies/manufacturing/a2-milk-to-launch-136m-buyback-20220829-p5bdgn","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180475662","content_text":"A better-than-expected result in China is making The a2 Milk Company a rare bright spot on the market thanks to double-digit growth in earnings and sales as well as plans for a $NZ150 million ($133.6 million) buyback.Investors liked the news from the dual-listed company, piling into a2 Milk and sending the stock up 8.4 percent to $5.32 each. It was one of only three S&P/ASX 200 Index companies to be in the black as of mid-morning on Monday.Chief executive David Bortolussi said the inventory management actions taken last calendar year to reduce excess milk formula were effective and now at target levels. He said product freshness is now among the best in the industry and market pricing has improved.A year ago, a2 Milk took more than $NZ100 million in stock write-downs of aged inventory.“Those difficult decisions we made last year around different inventory have worked and set the foundation for the result this year,” he told investors on a call.“We’ve made the right calls in relation to that, and the focus on the channels to market and our execution of all those initiatives is really starting to make good early progress.”Mr Bortolussi said a2 Milk is on track to meet its medium-term ambition to grow sales to $NZ2 billion or more and improve margins over time.He expects high single-digit revenue growth in fiscal 2023 after posting a 19.8 percent jump to $NZ1.446.2 billion in sales over the 2022 year. This was underpinned by Chinese and English label sales rising 12.2 percent and 11.6 percent, respectively.Gross margin percentage this financial year was expected to be broadly in line with 2022 – consensus is sitting at 14.3 percent this year – with cost pressures to be offset by price increases, mix benefits and cost mitigation initiatives.Australia New Zealand and USA liquid milk sales gained 1.8 percent and 30.2 percent respectively over the 2022 year.Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 59 percent to $NZ196.2 million. The EBITDA to sales margin increased to 13.6 percent compared with 10.2 percent a year ago.Net profit after tax gained 52 percent to $NZ122.6 million. NPAT was slightly lower at $114.2 million when considering its partial holding milk and nutritional powders maker Mataura Valley Milk, which posted a loss.The on-market buyback will kick off towards the end of September and may run for up to a year. The program will not exceed 5 percent of the issued capital.China is better than expectedAnalysts were highly complimentary of the results and turnaround.Bank of American analyst David Errington said on a call it appears Mr Bortolussi has better control of the operations now. Citi analyst Sam Teeger said in a note that the full-year results were driven primarily by a better-than-expected China performance.A2 Milk’s most critical business development focus was to ensure it delivered its full potential in China, the biggest formula market in the world valued in the region at $26 billion.A2 Milk continued to grow its market share in China – despite sales to daigou falling. The Australian Financial Review recently revealed that a2 milk’s biggest daigou customer had not been buying any tins since March.Mr Bortolussi said the Shanghai lockdowns actually helped sales, inducing some panic buying from March/April onwards. But he expects some of that consumer demand to unwind this half. A2 Milk is putting up prices to counter the rising costs of doing business like freight.The number of births in China fell by 11.5 percent in 2022, and the birthrate is expected to slide further, presenting problems for the entire infant formula sector.Well-known brandThis decline was partially offset by more households buying formula. But in volume terms, the overall market in China fell by 4.3 percent in fiscal 2022, with several years of declining newborns having an impact on sales of formula tins Stages 2 and 3. This was partially offset with growth in Stage 4 tins – aimed at toddlers.Mr Bortolussi told analysts that it was easy to get caught up in the falling China birthrate headline but when looking at the segments in which a2 Milk plays, the premiumisation trend continues higher.“It’s easy to get caught up in that birth rate impact, but overall, we only have a 4 or 5 percent share of the market, our brand is one of the most well known from a consumer point of view,” he said.Mr Bortolussi said the ultra-premium segment is still growing and so is the a2 protein category, which puts a2 Milk in a good position as the pioneer in this category.China label infant formula sales are expected to rise this year with significant growth in sales this half while the second half sales growth is expected to be impacted by the transition to the company’s pending new GB registration.Mr Bortoulssi warned that while its registration process to China’s State Administration for Market Regulation for its China label IMF product was processing with its partner NZ’s Synlait, the timing for any approval was uncertain.He noted that he does expect to get an extension to its current licence in September.Mr Bortolussi said despite the recent setback by the key US regulator to defer its entry into the US market, the outlook for the business this year was positive with continued revenue and earnings growth expected.The company is on track to deliver on its medium-term financial and non-financial ambitions to achieve $NZ2 billion in annual sales over the medium term which was flagged at the investor day last October.The company also announced today the appointment of David Wang as a non-executive director, while deputy chairman, Julia Hoare, plans to step down after 2023 interim results in February.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994410166,"gmtCreate":1661668888958,"gmtModify":1676536558981,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Looks promising&nbsp;","listText":"Looks promising&nbsp;","text":"Looks promising","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994410166","repostId":"2262135482","repostType":2,"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994119361,"gmtCreate":1661572979655,"gmtModify":1676536544983,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994119361","repostId":"1175815664","repostType":4,"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994134475,"gmtCreate":1661572639399,"gmtModify":1676536544920,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Right&nbsp;","listText":"Right&nbsp;","text":"Right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994134475","repostId":"2262901563","repostType":4,"repost":{"id":"2262901563","pubTimestamp":1661571503,"share":"https://www.laohu8.com/m/news/2262901563?lang=&edition=full","pubTime":"2022-08-27 11:38","market":"us","language":"en","title":"Did the Fed Kill the Bear Market Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262901563","media":"Motley Fool","summary":"A big drop sent the Dow down more than a thousand points.","content":"<html><head></head><body><p>Market participants have been concerned for weeks about what Federal Reserve Chair Jerome Powell might say at the central bank&#39;s annual symposium in Jackson Hole. Apparently, they were quite discouraged by what they heard, as Powell restated the Fed&#39;s determination to push interest rates as high as they needed to go in order to ensure that inflationary pressures don&#39;t become permanently entrenched in the U.S. economy. For those who had hoped for a more dovish response, that was bad news, and the <b>Dow Jones Industrial Average </b>ended the day down more than a thousand points. Percentage drops for the <b>S&amp;P 500</b> and <b>Nasdaq Composite</b> were also in the 3% to 4% range.</p><p>Among large-cap stocks, there were only a handful of gainers as most share prices followed the broader market lower. Some now fear that the rebound that the market saw from mid-June to about a week ago may well prove to have been only a bear market rally, with today&#39;s downward move reestablishing a bearish trend that could take market indexes far lower.</p><table><thead><tr></tr></thead></table><p>There&#39;s no way to predict short-term price movements in the stock market. However, efforts to fight inflation, if successful, should result in better long-term results for investors than if the Fed simply backed off and allowed higher price trends to become a permanent feature of the U.S. economy.</p><h2>Stubborn inflation</h2><p>The big question still facing investors is whether inflation has peaked. Many of those watching economic data were pleased to see the upward moves in the Consumer Price Index (CPI) and the Personal Consumption Expenditures Price Index (PCE) start to moderate recently. However, just because inflation has stopped accelerating doesn&#39;t mean that it&#39;s under control.</p><p>The latest numbers from the Bureau of Economic Analysis on the PCE tell  the story well. The headline number that most people emphasized was that the price index fell 0.1% in July, with goods prices falling 0.4%.</p><p>However, looking more closely at what goes into the PCE price index gives a more complete picture. Much of the downward pressure on the index came from a 7.7% drop in the sub-index for gasoline and other energy goods. That by itself was enough to send nondurable goods prices down half a percent, even as food and beverage prices jumped 1.3% month over month.</p><p>Some other key components showed continued rises. Housing and utility costs were up 0.6% for the month, extending their gain over the past 12 months to 7%.</p><p>Perhaps most importantly, even larger declines in a single month wouldn&#39;t by themselves reverse adverse trends. Energy costs are still more than 45% higher than they were this time last year. Food and beverages are up nearly 12% year over year, and even when you exclude food and energy, core PCE prices are up 4.6% since July 2021 -- more than double the 2% target that the Fed pursues.</p><h2>Is a recession worth long-term prosperity?</h2><p>Investors worry that a prolonged set of interest-rate increases from the Fed will push the economy into recession and restrain business activity. If that view from the Fed was unexpectedly hawkish, then it could leave stock market participants facing downward revisions on earnings estimates that could send stock prices lower once again.</p><p>In the long run, though, the impact of inflation on stock prices historically has been more difficult to overcome than short-term business cycle fluctuations. When you look back at recent bouts of inflation in the 1970s and early 1980s, for instance, you&#39;ll notice significant volatility in stock markets that led to subpar returns. Only when inflationary pressures were resolved did solid bull markets result, and the long bull markets of the 1990s, mid-2000s, and 2010s all came in economic environments with little or no inflation.</p><p>It&#39;s indeed possible that a central bank with tight monetary policy might bring short-term pain to the stock market and an end to what might materialize as a bear market rally. However, I believe investors will be happier with this outcome in the long run than they would be with sustained inflation and the complications that come with it.</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>Did the Fed Kill the Bear Market Rally?</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\">\nDid the Fed Kill the Bear Market Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/26/did-the-fed-just-kill-the-bear-market-rally/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market participants have been concerned for weeks about what Federal Reserve Chair Jerome Powell might say at the central bank's annual symposium in Jackson Hole. Apparently, they were quite ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/26/did-the-fed-just-kill-the-bear-market-rally/\">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",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2022/08/26/did-the-fed-just-kill-the-bear-market-rally/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262901563","content_text":"Market participants have been concerned for weeks about what Federal Reserve Chair Jerome Powell might say at the central bank's annual symposium in Jackson Hole. Apparently, they were quite discouraged by what they heard, as Powell restated the Fed's determination to push interest rates as high as they needed to go in order to ensure that inflationary pressures don't become permanently entrenched in the U.S. economy. For those who had hoped for a more dovish response, that was bad news, and the Dow Jones Industrial Average ended the day down more than a thousand points. Percentage drops for the S&P 500 and Nasdaq Composite were also in the 3% to 4% range.Among large-cap stocks, there were only a handful of gainers as most share prices followed the broader market lower. Some now fear that the rebound that the market saw from mid-June to about a week ago may well prove to have been only a bear market rally, with today's downward move reestablishing a bearish trend that could take market indexes far lower.There's no way to predict short-term price movements in the stock market. However, efforts to fight inflation, if successful, should result in better long-term results for investors than if the Fed simply backed off and allowed higher price trends to become a permanent feature of the U.S. economy.Stubborn inflationThe big question still facing investors is whether inflation has peaked. Many of those watching economic data were pleased to see the upward moves in the Consumer Price Index (CPI) and the Personal Consumption Expenditures Price Index (PCE) start to moderate recently. However, just because inflation has stopped accelerating doesn't mean that it's under control.The latest numbers from the Bureau of Economic Analysis on the PCE tell  the story well. The headline number that most people emphasized was that the price index fell 0.1% in July, with goods prices falling 0.4%.However, looking more closely at what goes into the PCE price index gives a more complete picture. Much of the downward pressure on the index came from a 7.7% drop in the sub-index for gasoline and other energy goods. That by itself was enough to send nondurable goods prices down half a percent, even as food and beverage prices jumped 1.3% month over month.Some other key components showed continued rises. Housing and utility costs were up 0.6% for the month, extending their gain over the past 12 months to 7%.Perhaps most importantly, even larger declines in a single month wouldn't by themselves reverse adverse trends. Energy costs are still more than 45% higher than they were this time last year. Food and beverages are up nearly 12% year over year, and even when you exclude food and energy, core PCE prices are up 4.6% since July 2021 -- more than double the 2% target that the Fed pursues.Is a recession worth long-term prosperity?Investors worry that a prolonged set of interest-rate increases from the Fed will push the economy into recession and restrain business activity. If that view from the Fed was unexpectedly hawkish, then it could leave stock market participants facing downward revisions on earnings estimates that could send stock prices lower once again.In the long run, though, the impact of inflation on stock prices historically has been more difficult to overcome than short-term business cycle fluctuations. When you look back at recent bouts of inflation in the 1970s and early 1980s, for instance, you'll notice significant volatility in stock markets that led to subpar returns. Only when inflationary pressures were resolved did solid bull markets result, and the long bull markets of the 1990s, mid-2000s, and 2010s all came in economic environments with little or no inflation.It's indeed possible that a central bank with tight monetary policy might bring short-term pain to the stock market and an end to what might materialize as a bear market rally. However, I believe investors will be happier with this outcome in the long run than they would be with sustained inflation and the complications that come with it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995525945,"gmtCreate":1661484432189,"gmtModify":1676536528722,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995525945","repostId":"2262993888","repostType":4,"repost":{"id":"2262993888","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":1661472561,"share":"https://www.laohu8.com/m/news/2262993888?lang=&edition=full","pubTime":"2022-08-26 08:09","market":"us","language":"en","title":"Marvell Stock Drops As Persistent Supply Constraints Weaken Data-Center Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2262993888","media":"Dow Jones","summary":"CEO expects sequential revenue growth to accelerate in the fourth quarter as constraints begin to ea","content":"<html><head></head><body><p>CEO expects sequential revenue growth to accelerate in the fourth quarter as constraints begin to ease</p><p>Marvell Technology Inc. shares fell in the extended session Thursday after the chip maker forecast data-center sales for the third quarter that fell well short of Wall Street&#39;s expectations due to supply constraints that aren&#39;t expected to ease until the fourth quarter.</p><p>Marvell <a href=\"https://laohu8.com/S/MRVL\">$(MRVL)$</a> shares fell 5% after hours, following a 5.5% climb in the regular session to close at $55.09. Shares are down 37% year to date, compared with a 25% fall by the PHLX Semiconductor Index and a 12% decline by the S&amp;P 500 index.</p><p>Marvell forecast adjusted earnings of 56 cents to 62 cents a share on revenue of $1.51 billion to $1.61 billion for the third quarter. Analysts had estimated earnings of 61 cents a share on revenue of $1.58 billion for the third quarter.</p><p>&#34;We continue to see healthy demand for our products, with the exception of consumer HDD, and our overall demand is outpacing supply,&#34; Matt Murphy, Marvell&#39;s chief executive, told analysts on a conference call. Murphy said he expects sequential revenue growth to accelerate in the fourth quarter as supply constraints begin to ease.</p><p>&#34;In data center, year-over-year, we are expecting revenue growth of over 20%, driven by our cloud end market,&#34; Murphy said on the call. &#34;Due to the complex nature of products for this end market, we expect supply challenges in the third quarter to impact our ability to fully meet the demand on a sequential basis.&#34;</p><p>That&#39;s right on the heels of chip giant Nvidia Corp. <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> forecasting late Wednesday that third-quarter sales would likely fall about $1 billion short of Wall Street&#39;s expectations Nvidia also took a $1.22 billion inventory charge ahead of the release of its next-generation chip architecture, &#34;Lovelace,&#34; and analysts speculated on whether this was the bottom or whether data-center sales would weaken also.</p><p>&#34;We expect our data-center revenue in the fourth quarter to increase on a sequential basis, anticipating an improvement in supply and new product ramps in cloud,&#34; Murphy said. The company also forecast that data-center sales would decline sequentially in the mid-single digits on a percentage basis from second-quarter sales of $643.4 million, or a gain of 48% from a year ago. Data center has made up more than 40% of Marvell&#39;s revenue over the past five quarters.</p><p>Analysts expect $695.2 million in data center, or a 8% increase.</p><p>Marvell expects third-quarter cloud sales to be flat sequentially and on-premise revenue to decline. Marvell reported that carrier infrastructure sales rose 45% to $285.2 million from the year-ago period, and that enterprise-network sales surged 53% to $340.3 million. Analysts expect a decline of 2% to $279.3 million in carrier infrastructure sales, and a 2% decline to $334.1 million in enterprise networking sales.</p><p>&#34;We have increased our inventory by $78 million to better address demand from our customers in a very tight supply-chain environment and to help ensure a smooth ramp for a number of new design wins that we expect to start shipping in the next few quarters,&#34; Jean Hu, Marvell&#39;s chief financial officer, told analysts.</p><p>&#34;Majority of this increase was in raw materials, and looking longer-term, as the supply chain starts to show improvement, we expect our [days of inventory] will start to decline,&#34; Hu told analysts.</p><p>&#34;Consistent with our strategy to secure longer-term supply, we have increased our long-term purchase commitment for capacity to support the number of high-volume of design wins,&#34; Hu said.</p><p>Marvell reported second-quarter net income of $4.3 million, or a penny a share, versus a loss of $276.4 million, or 34 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were 57 cents a share, compared with 34 cents a share in the year-ago period.</p><p>Revenue rose to $1.52 billion from $1.08 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast 56 cents a share on revenue of $1.52 billion, based on the company&#39;s forecast of 53 cents to 59 cents a share on revenue of $1.47 billion to $1.56 billion.</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>Marvell Stock Drops As Persistent Supply Constraints Weaken Data-Center Forecast</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\">\nMarvell Stock Drops As Persistent Supply Constraints Weaken Data-Center Forecast\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\">2022-08-26 08:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>CEO expects sequential revenue growth to accelerate in the fourth quarter as constraints begin to ease</p><p>Marvell Technology Inc. shares fell in the extended session Thursday after the chip maker forecast data-center sales for the third quarter that fell well short of Wall Street&#39;s expectations due to supply constraints that aren&#39;t expected to ease until the fourth quarter.</p><p>Marvell <a href=\"https://laohu8.com/S/MRVL\">$(MRVL)$</a> shares fell 5% after hours, following a 5.5% climb in the regular session to close at $55.09. Shares are down 37% year to date, compared with a 25% fall by the PHLX Semiconductor Index and a 12% decline by the S&amp;P 500 index.</p><p>Marvell forecast adjusted earnings of 56 cents to 62 cents a share on revenue of $1.51 billion to $1.61 billion for the third quarter. Analysts had estimated earnings of 61 cents a share on revenue of $1.58 billion for the third quarter.</p><p>&#34;We continue to see healthy demand for our products, with the exception of consumer HDD, and our overall demand is outpacing supply,&#34; Matt Murphy, Marvell&#39;s chief executive, told analysts on a conference call. Murphy said he expects sequential revenue growth to accelerate in the fourth quarter as supply constraints begin to ease.</p><p>&#34;In data center, year-over-year, we are expecting revenue growth of over 20%, driven by our cloud end market,&#34; Murphy said on the call. &#34;Due to the complex nature of products for this end market, we expect supply challenges in the third quarter to impact our ability to fully meet the demand on a sequential basis.&#34;</p><p>That&#39;s right on the heels of chip giant Nvidia Corp. <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> forecasting late Wednesday that third-quarter sales would likely fall about $1 billion short of Wall Street&#39;s expectations Nvidia also took a $1.22 billion inventory charge ahead of the release of its next-generation chip architecture, &#34;Lovelace,&#34; and analysts speculated on whether this was the bottom or whether data-center sales would weaken also.</p><p>&#34;We expect our data-center revenue in the fourth quarter to increase on a sequential basis, anticipating an improvement in supply and new product ramps in cloud,&#34; Murphy said. The company also forecast that data-center sales would decline sequentially in the mid-single digits on a percentage basis from second-quarter sales of $643.4 million, or a gain of 48% from a year ago. Data center has made up more than 40% of Marvell&#39;s revenue over the past five quarters.</p><p>Analysts expect $695.2 million in data center, or a 8% increase.</p><p>Marvell expects third-quarter cloud sales to be flat sequentially and on-premise revenue to decline. Marvell reported that carrier infrastructure sales rose 45% to $285.2 million from the year-ago period, and that enterprise-network sales surged 53% to $340.3 million. Analysts expect a decline of 2% to $279.3 million in carrier infrastructure sales, and a 2% decline to $334.1 million in enterprise networking sales.</p><p>&#34;We have increased our inventory by $78 million to better address demand from our customers in a very tight supply-chain environment and to help ensure a smooth ramp for a number of new design wins that we expect to start shipping in the next few quarters,&#34; Jean Hu, Marvell&#39;s chief financial officer, told analysts.</p><p>&#34;Majority of this increase was in raw materials, and looking longer-term, as the supply chain starts to show improvement, we expect our [days of inventory] will start to decline,&#34; Hu told analysts.</p><p>&#34;Consistent with our strategy to secure longer-term supply, we have increased our long-term purchase commitment for capacity to support the number of high-volume of design wins,&#34; Hu said.</p><p>Marvell reported second-quarter net income of $4.3 million, or a penny a share, versus a loss of $276.4 million, or 34 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were 57 cents a share, compared with 34 cents a share in the year-ago period.</p><p>Revenue rose to $1.52 billion from $1.08 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast 56 cents a share on revenue of $1.52 billion, based on the company&#39;s forecast of 53 cents to 59 cents a share on revenue of $1.47 billion to $1.56 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRVL":"迈威尔科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262993888","content_text":"CEO expects sequential revenue growth to accelerate in the fourth quarter as constraints begin to easeMarvell Technology Inc. shares fell in the extended session Thursday after the chip maker forecast data-center sales for the third quarter that fell well short of Wall Street's expectations due to supply constraints that aren't expected to ease until the fourth quarter.Marvell $(MRVL)$ shares fell 5% after hours, following a 5.5% climb in the regular session to close at $55.09. Shares are down 37% year to date, compared with a 25% fall by the PHLX Semiconductor Index and a 12% decline by the S&P 500 index.Marvell forecast adjusted earnings of 56 cents to 62 cents a share on revenue of $1.51 billion to $1.61 billion for the third quarter. Analysts had estimated earnings of 61 cents a share on revenue of $1.58 billion for the third quarter.\"We continue to see healthy demand for our products, with the exception of consumer HDD, and our overall demand is outpacing supply,\" Matt Murphy, Marvell's chief executive, told analysts on a conference call. Murphy said he expects sequential revenue growth to accelerate in the fourth quarter as supply constraints begin to ease.\"In data center, year-over-year, we are expecting revenue growth of over 20%, driven by our cloud end market,\" Murphy said on the call. \"Due to the complex nature of products for this end market, we expect supply challenges in the third quarter to impact our ability to fully meet the demand on a sequential basis.\"That's right on the heels of chip giant Nvidia Corp. $(NVDA)$ forecasting late Wednesday that third-quarter sales would likely fall about $1 billion short of Wall Street's expectations Nvidia also took a $1.22 billion inventory charge ahead of the release of its next-generation chip architecture, \"Lovelace,\" and analysts speculated on whether this was the bottom or whether data-center sales would weaken also.\"We expect our data-center revenue in the fourth quarter to increase on a sequential basis, anticipating an improvement in supply and new product ramps in cloud,\" Murphy said. The company also forecast that data-center sales would decline sequentially in the mid-single digits on a percentage basis from second-quarter sales of $643.4 million, or a gain of 48% from a year ago. Data center has made up more than 40% of Marvell's revenue over the past five quarters.Analysts expect $695.2 million in data center, or a 8% increase.Marvell expects third-quarter cloud sales to be flat sequentially and on-premise revenue to decline. Marvell reported that carrier infrastructure sales rose 45% to $285.2 million from the year-ago period, and that enterprise-network sales surged 53% to $340.3 million. Analysts expect a decline of 2% to $279.3 million in carrier infrastructure sales, and a 2% decline to $334.1 million in enterprise networking sales.\"We have increased our inventory by $78 million to better address demand from our customers in a very tight supply-chain environment and to help ensure a smooth ramp for a number of new design wins that we expect to start shipping in the next few quarters,\" Jean Hu, Marvell's chief financial officer, told analysts.\"Majority of this increase was in raw materials, and looking longer-term, as the supply chain starts to show improvement, we expect our [days of inventory] will start to decline,\" Hu told analysts.\"Consistent with our strategy to secure longer-term supply, we have increased our long-term purchase commitment for capacity to support the number of high-volume of design wins,\" Hu said.Marvell reported second-quarter net income of $4.3 million, or a penny a share, versus a loss of $276.4 million, or 34 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were 57 cents a share, compared with 34 cents a share in the year-ago period.Revenue rose to $1.52 billion from $1.08 billion in the year-ago quarter.Analysts surveyed by FactSet had forecast 56 cents a share on revenue of $1.52 billion, based on the company's forecast of 53 cents to 59 cents a share on revenue of $1.47 billion to $1.56 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992200026,"gmtCreate":1661311417567,"gmtModify":1676536495329,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Does this make sense?","listText":"Does this make sense?","text":"Does this make sense?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992200026","repostId":"2261653796","repostType":4,"repost":{"id":"2261653796","pubTimestamp":1661311232,"share":"https://www.laohu8.com/m/news/2261653796?lang=&edition=full","pubTime":"2022-08-24 11:20","market":"us","language":"en","title":"Apple Sees This Business Reaching $10 Billion Soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2261653796","media":"Motley Fool","summary":"And it's still very early days for this high-margin service.","content":"<html><head></head><body><p>About three months ago, <b>Apple</b> made a small but notable change to its corporate structure. Its <a href=\"https://laohu8.com/S/VP..UK\">VP</a> of advertising, Todd Teresi, started reporting directly to Eddy Cue, who oversees all of Apple&#39;s Services business.</p><p>That&#39;s apparently just the start of a big push for the advertising business. Since then, Apple&#39;s made more moves to grow the business, and Teresi said his goal is to grow the business to more than $10 billion in annual revenue.</p><h2>Two recent changes</h2><p>Apple&#39;s advertising business is relatively small for a company with an installed base of over 1.8 billion devices. The company currently generates about $4 billion in annual revenue, which pales in comparison to advertising giants like <b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b>, <b>Alphabet</b>, or even <b>Amazon</b>. The smallest of that group, Amazon, has an advertising business nearly an order of magnitude larger than Apple.</p><p>Apple currently advertises in the App Store, News, and Stocks apps. But the success of its big-tech companions in advertising suggests it can build a much bigger ad business.</p><p>That will start with Apple&#39;s plans to expand advertising inventory within the App Store. Apple currently shows display ads when someone clicks the Search tab on the App Store, and it has promoted listings in the search results.</p><p>Soon, it&#39;ll show display ads on the Today tab, which provides personalized suggestions for new apps to download. It&#39;ll also start showing display ads within third-party app pages, which means apps will be able to advertise their product on their competitor&#39;s product page.</p><p>The second big change in the app business is a new job listing spotted by Digiday. The company is looking to build a demand-side platform, also known as a DSP. A DSP would allow marketers to automate ad purchases across Apple&#39;s inventory, which can lead to greater ad spending. It could also attract advertisers with smaller budgets, increasing competition for each ad spot, leading to higher average ad prices. Owning its own advertising technology can also lead to higher operating margins for the ad business.</p><h2>Where does Apple go from here?</h2><p>Apple has a lot of opportunities to insert more advertising into the apps and services iPhone users interact with most often.</p><p>It&#39;s reportedly already explored the potential for advertisements within Maps. That could include sponsored search listings as well as highlighting locations along a route or an area of focus.</p><p>Other potential areas for advertising, as <i>Bloomberg</i>&#39;s Mark Gurman points out, include Podcasts and Books. Both have search and discovery features, which could lend themselves well to straightforward display and keyword advertisements.</p><p>Expanding the ad business could also lead to things like a podcast advertising network or video ads on Apple TV+. In fact, Apple&#39;s already responsible for selling a small amount of commercials during its Friday night baseball broadcasts on Apple TV+. Apple could expand that to more ad-supported video content in the service in the future.</p><p>Another interesting long-term opportunity is building an internet search engine a la Google. While Apple has a lucrative contract with Google today, the search giant could face regulatory pressure in the future, ending such deals.</p><p>Teresi&#39;s goal of reaching $10 billion in ad revenue shouldn&#39;t be too difficult. And with the high margins of digital advertising, it could play a significant role in growing Apple&#39;s bottom line over the next few years.</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>Apple Sees This Business Reaching $10 Billion Soon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Sees This Business Reaching $10 Billion Soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/23/apple-sees-this-business-reaching-10-billion-soon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>About three months ago, Apple made a small but notable change to its corporate structure. Its VP of advertising, Todd Teresi, started reporting directly to Eddy Cue, who oversees all of Apple's ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/23/apple-sees-this-business-reaching-10-billion-soon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/08/23/apple-sees-this-business-reaching-10-billion-soon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261653796","content_text":"About three months ago, Apple made a small but notable change to its corporate structure. Its VP of advertising, Todd Teresi, started reporting directly to Eddy Cue, who oversees all of Apple's Services business.That's apparently just the start of a big push for the advertising business. Since then, Apple's made more moves to grow the business, and Teresi said his goal is to grow the business to more than $10 billion in annual revenue.Two recent changesApple's advertising business is relatively small for a company with an installed base of over 1.8 billion devices. The company currently generates about $4 billion in annual revenue, which pales in comparison to advertising giants like Meta Platforms, Alphabet, or even Amazon. The smallest of that group, Amazon, has an advertising business nearly an order of magnitude larger than Apple.Apple currently advertises in the App Store, News, and Stocks apps. But the success of its big-tech companions in advertising suggests it can build a much bigger ad business.That will start with Apple's plans to expand advertising inventory within the App Store. Apple currently shows display ads when someone clicks the Search tab on the App Store, and it has promoted listings in the search results.Soon, it'll show display ads on the Today tab, which provides personalized suggestions for new apps to download. It'll also start showing display ads within third-party app pages, which means apps will be able to advertise their product on their competitor's product page.The second big change in the app business is a new job listing spotted by Digiday. The company is looking to build a demand-side platform, also known as a DSP. A DSP would allow marketers to automate ad purchases across Apple's inventory, which can lead to greater ad spending. It could also attract advertisers with smaller budgets, increasing competition for each ad spot, leading to higher average ad prices. Owning its own advertising technology can also lead to higher operating margins for the ad business.Where does Apple go from here?Apple has a lot of opportunities to insert more advertising into the apps and services iPhone users interact with most often.It's reportedly already explored the potential for advertisements within Maps. That could include sponsored search listings as well as highlighting locations along a route or an area of focus.Other potential areas for advertising, as Bloomberg's Mark Gurman points out, include Podcasts and Books. Both have search and discovery features, which could lend themselves well to straightforward display and keyword advertisements.Expanding the ad business could also lead to things like a podcast advertising network or video ads on Apple TV+. In fact, Apple's already responsible for selling a small amount of commercials during its Friday night baseball broadcasts on Apple TV+. Apple could expand that to more ad-supported video content in the service in the future.Another interesting long-term opportunity is building an internet search engine a la Google. While Apple has a lucrative contract with Google today, the search giant could face regulatory pressure in the future, ending such deals.Teresi's goal of reaching $10 billion in ad revenue shouldn't be too difficult. And with the high margins of digital advertising, it could play a significant role in growing Apple's bottom line over the next few years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578997581123464","authorId":"3578997581123464","name":"Yao84","avatar":"https://static.tigerbbs.com/5e30432f9f4a2555514d757fdb9c4f0d","crmLevel":3,"crmLevelSwitch":1},"content":"If can makw money then yes. Hehw","text":"If can makw money then yes. Hehw","html":"If can makw money then yes. Hehw"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150913926,"gmtCreate":1624881477965,"gmtModify":1703846896405,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment s","listText":"Like and comment s","text":"Like and comment s","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150913926","repostId":"1150095060","repostType":4,"repost":{"id":"1150095060","pubTimestamp":1624874134,"share":"https://www.laohu8.com/m/news/1150095060?lang=&edition=full","pubTime":"2021-06-28 17:55","market":"us","language":"en","title":"US IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1150095060","media":"Renaissance Capital","summary":"17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant $DiDi Global Inc.$.DiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.Cybersecurity platform $SentinelOne, Inc$","content":"<p>17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant<b>&nbsp;<a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a>.</b></p>\n<p><b>DiDi</b>&nbsp;plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.</p>\n<p>Cybersecurity platform&nbsp;<b><a href=\"https://laohu8.com/S/S\">SentinelOne, Inc</a></b> plans to raise $880 million at an $8.2 billion market cap. SentinelOne's Singularity Platform is an AI-powered extended detection and response platform that ingests, correlates and queries petabytes of structured and unstructured data to provide autonomous cybersecurity defense. Fast growing and unprofitable, the company had over 4,700 customers as of 4/30/21, up from 2,700 a year prior.</p>\n<p>Turkish e-commerce platform&nbsp;<b>D-MARKET Electronic Services &amp; Trading</b>(HEPS) plans to raise $681 million at a $3.9 billion market cap. Operating under the name Hepsiburada, the company connected 33 million members, 9 million Active Customers, and a base of approximately 45 thousand Active Merchants in 2020. The company is fast growing but EBITDA swung negative in the 1Q21.</p>\n<p>Doughnut brand&nbsp;<a href=\"https://laohu8.com/S/DNUT\"><b>Krispy Kreme, Inc.</a> </b>plans to raise $600 million at a $3.8 billion market cap. Krispy Kreme is an omni-channel business operating through a network of doughnut shops, partnerships with retailers, and an e-Commerce and delivery business. The company has a long track record and strong brand awareness, though its growth strategy is unproven.</p>\n<p>Legal solutions provider&nbsp;<b><a href=\"https://laohu8.com/S/LZ\">LegalZoom.com, Inc</a> </b>plans to raise $488 million at a $5.3 billion market cap. LegalZoom states that it is a leading online platform for legal and compliance solutions, claiming that 10% of new LLCs and 5% of new corporations in the US were formed via LegalZoom in 2020. Profitable on an EBITDA basis in the 1Q21, the company operates across all 50 states and over 3,000 counties in the US.</p>\n<p>Identity verification platform&nbsp;<b><a href=\"https://laohu8.com/S/YOU\">Clear Secure, Inc.</a></b> plans to raise $376 million at a $4.1 billion market cap. Clear Secure's secure identity platform uses to automate the identity verification process, with main offerings including CLEAR Plus, a consumer aviation subscription service, and two mobile apps. As of 5/31/21, Clear Secure's network included 38 airports, 26 sports and entertainment partners, and 67 Health Pass-enabled partners.</p>\n<p>Chinese grocery delivery platform&nbsp;<b><a href=\"https://laohu8.com/S/DDL\">Dingdong (Cayman) Limited</a> </b>plans to raise $343 million at a $6.0 billion market cap. With fresh groceries as its core product categories, Dingdong states that it is the fastest growing on-demand e-commerce company in China. Unprofitable with explosive growth, the company had a 10% share of the on-demand e-commerce market by GMV in 2020.</p>\n<p>SaaS solutions provider&nbsp;<b><a href=\"https://laohu8.com/S/EVCM\">EverCommerce Inc.</a></b> plans to raise $325 million at a $3.4 billion market cap. EverCommerce is a leading provider of integrated, vertically-tailored SaaS solutions for service-based SMBs. The company serves over 500,000 customers across three core verticals: Home Services, Health Services, and Fitness &amp; Wellness Services.</p>\n<p>Software provider&nbsp;<b><a href=\"https://laohu8.com/S/INTA\">Intapp, Inc.</a> </b>plans to raise $278 million at a $1.9 billion market cap. Intapp provides industry-specific, cloud-based software solutions for the professional and financial services industry globally. The company had over 1,600 clients as of March 31, 2021, and it currently has more than 20 clients with contracts greater than $1 million of ARR.</p>\n<p>Online manufacturing marketplace&nbsp;<b><a href=\"https://laohu8.com/S/XMTR\">Xometry, Inc.</a></b> plans to raise $275 million at a $1.9 billion market cap. Xometry states that it is a leading AI-enabled marketplace for on-demand manufacturing. Its buyers include businesses ranging from self-funded start-ups to Fortune 100 companies. Since its inception, over 6.0 million parts have been manufactured through Xometry's platform.</p>\n<p><b><a href=\"https://laohu8.com/S/IAS\">Integral Ad Science Holding LLC</a> </b>plans to raise $240 million at a $2.5 billion market cap. The company’s technology provides metrics designed to verify that digital ads are served to a real person, viewable on-screen, and appear in a brand-safe and suitable environment in the correct geography. Profitable on an EBIT basis, Integral Ad Science served over 2,000 customers as of 3/31/21.</p>\n<p>Plus-sized women’s apparel brand&nbsp;<b><a href=\"https://laohu8.com/S/CURV\">Torrid Holdings</a> </b>plans to raise $156 million at a $2.1 billion market cap. Torrid is the largest direct-to-consumer brand of women's plus-size apparel and intimates in North America by net sales. The profitable company markets directly to consumers via physical stores and its e-commerce platform, which represented a majority of sales in the 12 months ended 5/1/21.</p>\n<p>Alzheimer’s biotech&nbsp;<b><a href=\"https://laohu8.com/S/ABOS\">Acumen Pharmaceuticals, Inc.</a></b> plans to raise $125 million at a $607 million market cap. The company's lead candidate, ACU193, is a humanized monoclonal antibody that selectively targets amyloid-beta oligomers. ACU193 entered a Phase 1 trial in patients with mild dementia or cognitive impairment due to AD in the 2Q21, with data expected by year end 2022.</p>\n<p>Digital financial services provider&nbsp;<b>AMTD Digital</b>(<a href=\"https://laohu8.com/S/HKD\">$(HKD)$</a>) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.</p>\n<p>Drug formulation developer&nbsp;<b>Aerovate Therapeutics</b>(<a href=\"https://laohu8.com/S/AVTE\">$(AVTE)$</a>) plans to raise $100 million at a $325 million market cap. Aerovate's initial focus is on advancing AV-101, a dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension (PAH). The company has completed a Phase 1 study in healthy volunteers and expects to begin a Phase 2b/3 trial in PAH patients in the 2H21.</p>\n<p>Neuromodulation device provider<b>&nbsp;<a href=\"https://laohu8.com/S/CVRX\">CVRx Inc</a> </b>plans to raise $100 million at a $333 million market cap. CVRx manufactures and markets its minimally invasive neuromodulation solutions on its proprietary BAROSTIM platform. The company's states that its BAROSTEM NEO product is the first and only commercially available neuromodulation device indicated to improve symptoms for patients with heart failure with reduced ejection fraction.</p>\n<p>Belgium-listed&nbsp;<b>Nyxoah</b>(<a href=\"https://laohu8.com/S/NYXH\">$(NYXH)$</a>) plans to raise $87 million at an $803 million market cap. Nyxoah's lead product is the Genio system, a CE-marked, minimally-invasive hypoglossal neurostimulation therapy for obstructive sleep apnea. The company began generating revenue from Genio in Europe in July 2020 and is currently conducting a pivotal trial designed to support marketing authorization in the US.</p>\n<p><img src=\"https://static.tigerbbs.com/58f28d5f7f3b8e686c0bd006c2968b99\" tg-width=\"1131\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/508f1118f1d92b2b76391bc3610bd6c4\" tg-width=\"1131\" tg-height=\"657\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ed04cd42fa30b460fcf67e07efa6ddc7\" tg-width=\"1130\" tg-height=\"166\" referrerpolicy=\"no-referrer\"></p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/24/21, the Renaissance IPO Index was up 2.7% year-to-date, while the S&amp;P 500 was up 13.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 1.5% year-to-date, while the ACWX was up 10.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 17:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/83318/US-IPO-Week-Ahead-DiDi-makes-its-billion-dollar-debut-in-a-17-IPO-week><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant DiDi Global Inc..\nDiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/83318/US-IPO-Week-Ahead-DiDi-makes-its-billion-dollar-debut-in-a-17-IPO-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTA":"Intapp, Inc.","CVRX":"CVRx, Inc.","S":"SentinelOne, Inc","DNUT":"Krispy Kreme, Inc.","LZ":"LegalZoom.com, Inc","EVCM":"EverCommerce Inc.","DDL":"叮咚买菜","XMTR":"Xometry, Inc.","DIDI":"滴滴(已退市)","YOU":"Clear Secure, Inc.","CURV":"Torrid Holdings","HEPS":"D-MARKET Electronic Services & Trading","ABOS":"Acumen Pharmaceuticals, Inc.","IAS":"Integral Ad Science Holding"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/83318/US-IPO-Week-Ahead-DiDi-makes-its-billion-dollar-debut-in-a-17-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150095060","content_text":"17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant DiDi Global Inc..\nDiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.\nCybersecurity platform SentinelOne, Inc plans to raise $880 million at an $8.2 billion market cap. SentinelOne's Singularity Platform is an AI-powered extended detection and response platform that ingests, correlates and queries petabytes of structured and unstructured data to provide autonomous cybersecurity defense. Fast growing and unprofitable, the company had over 4,700 customers as of 4/30/21, up from 2,700 a year prior.\nTurkish e-commerce platform D-MARKET Electronic Services & Trading(HEPS) plans to raise $681 million at a $3.9 billion market cap. Operating under the name Hepsiburada, the company connected 33 million members, 9 million Active Customers, and a base of approximately 45 thousand Active Merchants in 2020. The company is fast growing but EBITDA swung negative in the 1Q21.\nDoughnut brand Krispy Kreme, Inc. plans to raise $600 million at a $3.8 billion market cap. Krispy Kreme is an omni-channel business operating through a network of doughnut shops, partnerships with retailers, and an e-Commerce and delivery business. The company has a long track record and strong brand awareness, though its growth strategy is unproven.\nLegal solutions provider LegalZoom.com, Inc plans to raise $488 million at a $5.3 billion market cap. LegalZoom states that it is a leading online platform for legal and compliance solutions, claiming that 10% of new LLCs and 5% of new corporations in the US were formed via LegalZoom in 2020. Profitable on an EBITDA basis in the 1Q21, the company operates across all 50 states and over 3,000 counties in the US.\nIdentity verification platform Clear Secure, Inc. plans to raise $376 million at a $4.1 billion market cap. Clear Secure's secure identity platform uses to automate the identity verification process, with main offerings including CLEAR Plus, a consumer aviation subscription service, and two mobile apps. As of 5/31/21, Clear Secure's network included 38 airports, 26 sports and entertainment partners, and 67 Health Pass-enabled partners.\nChinese grocery delivery platform Dingdong (Cayman) Limited plans to raise $343 million at a $6.0 billion market cap. With fresh groceries as its core product categories, Dingdong states that it is the fastest growing on-demand e-commerce company in China. Unprofitable with explosive growth, the company had a 10% share of the on-demand e-commerce market by GMV in 2020.\nSaaS solutions provider EverCommerce Inc. plans to raise $325 million at a $3.4 billion market cap. EverCommerce is a leading provider of integrated, vertically-tailored SaaS solutions for service-based SMBs. The company serves over 500,000 customers across three core verticals: Home Services, Health Services, and Fitness & Wellness Services.\nSoftware provider Intapp, Inc. plans to raise $278 million at a $1.9 billion market cap. Intapp provides industry-specific, cloud-based software solutions for the professional and financial services industry globally. The company had over 1,600 clients as of March 31, 2021, and it currently has more than 20 clients with contracts greater than $1 million of ARR.\nOnline manufacturing marketplace Xometry, Inc. plans to raise $275 million at a $1.9 billion market cap. Xometry states that it is a leading AI-enabled marketplace for on-demand manufacturing. Its buyers include businesses ranging from self-funded start-ups to Fortune 100 companies. Since its inception, over 6.0 million parts have been manufactured through Xometry's platform.\nIntegral Ad Science Holding LLC plans to raise $240 million at a $2.5 billion market cap. The company’s technology provides metrics designed to verify that digital ads are served to a real person, viewable on-screen, and appear in a brand-safe and suitable environment in the correct geography. Profitable on an EBIT basis, Integral Ad Science served over 2,000 customers as of 3/31/21.\nPlus-sized women’s apparel brand Torrid Holdings plans to raise $156 million at a $2.1 billion market cap. Torrid is the largest direct-to-consumer brand of women's plus-size apparel and intimates in North America by net sales. The profitable company markets directly to consumers via physical stores and its e-commerce platform, which represented a majority of sales in the 12 months ended 5/1/21.\nAlzheimer’s biotech Acumen Pharmaceuticals, Inc. plans to raise $125 million at a $607 million market cap. The company's lead candidate, ACU193, is a humanized monoclonal antibody that selectively targets amyloid-beta oligomers. ACU193 entered a Phase 1 trial in patients with mild dementia or cognitive impairment due to AD in the 2Q21, with data expected by year end 2022.\nDigital financial services provider AMTD Digital($(HKD)$) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.\nDrug formulation developer Aerovate Therapeutics($(AVTE)$) plans to raise $100 million at a $325 million market cap. Aerovate's initial focus is on advancing AV-101, a dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension (PAH). The company has completed a Phase 1 study in healthy volunteers and expects to begin a Phase 2b/3 trial in PAH patients in the 2H21.\nNeuromodulation device provider CVRx Inc plans to raise $100 million at a $333 million market cap. CVRx manufactures and markets its minimally invasive neuromodulation solutions on its proprietary BAROSTIM platform. The company's states that its BAROSTEM NEO product is the first and only commercially available neuromodulation device indicated to improve symptoms for patients with heart failure with reduced ejection fraction.\nBelgium-listed Nyxoah($(NYXH)$) plans to raise $87 million at an $803 million market cap. Nyxoah's lead product is the Genio system, a CE-marked, minimally-invasive hypoglossal neurostimulation therapy for obstructive sleep apnea. The company began generating revenue from Genio in Europe in July 2020 and is currently conducting a pivotal trial designed to support marketing authorization in the US.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/24/21, the Renaissance IPO Index was up 2.7% year-to-date, while the S&P 500 was up 13.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 1.5% year-to-date, while the ACWX was up 10.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150919079,"gmtCreate":1624881410691,"gmtModify":1703846894774,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150919079","repostId":"2146007118","repostType":4,"repost":{"id":"2146007118","pubTimestamp":1624826996,"share":"https://www.laohu8.com/m/news/2146007118?lang=&edition=full","pubTime":"2021-06-28 04:49","market":"us","language":"en","title":"June jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2146007118","media":"Yahoo Finance","summary":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.However, a confluence of ","content":"<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.</p>\n<p>On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.</p>\n<p>Non-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.</p>\n<p>\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"</p>\n<p>Even with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.</p>\n<p>But both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b881fe96eccc72cff61bf35b0dfa72fa\" tg-width=\"5210\" tg-height=\"3404\" referrerpolicy=\"no-referrer\"><span>SAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</span></p>\n<p>\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"</p>\n<p>However, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.</p>\n<p>\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"</p>\n<p>\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"</p>\n<h2>Consumer confidence</h2>\n<h2></h2>\n<p>Another closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.</p>\n<p>The headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.</p>\n<p>Like investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.</p>\n<p>Not only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.</p>\n<p>\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"</p>\n<p>Still, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.</p>\n<h2>Economic Calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&amp;P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)</p></li>\n</ul>\n<h2>Earnings Calendar</h2>\n<ul>\n <li><p><b>Monday:</b> N/A</p></li>\n <li><p><b>Tuesday: </b>N/A</p></li>\n <li><p><b>Wednesday: </b>Constellation Brands (STZ), Bed Bath &amp; Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close</p></li>\n <li><p><b>Thursday: </b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) before market open</p></li>\n <li><p><b>Friday:</b> N/A</p></li>\n</ul>","source":"yahoofinance_au","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>June jobs report, Consumer confidence: What to know this week</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\">\nJune jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 04:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146007118","content_text":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.\nOn Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.\nNon-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.\n\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"\nEven with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.\nBut both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.\nSAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\n\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"\nHowever, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.\n\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"\n\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"\nConsumer confidence\n\nAnother closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.\nThe headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.\nLike investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.\nNot only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.\n\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"\nStill, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.\nEconomic Calendar\n\nMonday: Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)\nTuesday: FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&P CoreLogic Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)\nWednesday: MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);\nThursday: Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); Markit US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)\nFriday: Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)\n\nEarnings Calendar\n\nMonday: N/A\nTuesday: N/A\nWednesday: Constellation Brands (STZ), Bed Bath & Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close\nThursday: Walgreens Boots Alliance (WBA) before market open\nFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150934058,"gmtCreate":1624881159074,"gmtModify":1703846891339,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150934058","repostId":"1105521679","repostType":4,"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120764862,"gmtCreate":1624338223056,"gmtModify":1703833900075,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120764862","repostId":"1184835150","repostType":4,"repost":{"id":"1184835150","pubTimestamp":1624331221,"share":"https://www.laohu8.com/m/news/1184835150?lang=&edition=full","pubTime":"2021-06-22 11:07","market":"fut","language":"en","title":"Brent Oil Edges Above $75 as Investors Assess Tightening Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1184835150","media":"Bloomberg","summary":"Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tighten","content":"<p>Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.</p>\n<p>Futures in London edged above that mark in early Asian trading after rising 1.9% in the previous session, the most in four weeks. The market continues to firm in a bullish structure, with one timespread for West Texas Intermediate expanding to thewidestbackwardation in seven years. Genscape Inc. reported stockpiles at the key American storage hub of Cushing fell again last week from the lowest level since March 2020, according to people familiar.</p>\n<p><img src=\"https://static.tigerbbs.com/a18ab840ab7ec2290e6d5470cb1883fc\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Brent oil has rallied more than 40% this year as a strong rebound from the pandemic in the U.S., China and Europe underpins increasing fuel consumption, although a virus comeback in parts of Asia is a reminder that the recovery will be uneven. The global crude benchmark may even advance to$100 a barrelnext year as travel demand rebounds, according to Bank of America Corp.</p>\n<p>“Demand optimism is now well established and a tightening of the market is very much in the spotlight,” said Vandana Hari, the founder of Vanda Insights. “If there is a pause in this rally, it will likely come from the supply side.”</p>\n<p>One bit of bearish news amid all the optimism is China’scrackdownon the nation’s private refiners. Asecond batchof 2021 crude import quotas allocated to the independents was about 35% less than last year, which will crimp flows into a sector that accounts for around a quarter of Chinese processing capacity.</p>\n<table>\n <tbody>\n  <tr>\n   <th>PRICES</th>\n  </tr>\n  <tr>\n   <td>\n    <ul>\n     <li>Brent for August settlement rose as much as 0.3% to $75.15 on the ICE Futures Europe exchange, the highest intraday level since April 2019, before easing to $75.09 at 9:50 a.m. in Singapore.</li>\n     <li>The prompt timespread for Brent was 86 cents in backwardation, compared with 57 cents at the start of last week.</li>\n     <li>WTI for July delivery, which expires Tuesday, gained 0.1% to $73.75 a barrel on the New York Mercantile Exchange.</li>\n    </ul></td>\n  </tr>\n </tbody>\n</table>\n<p>The premium traders are placing on WTI for September delivery over October contracts touched $1.12 a barrel on Monday. Before this, the gap between the third- and fourth-closest contracts had only traded above $1 over two periods in the past 13 years -- in 2008 and from mid-2013 to mid-2014.</p>\n<p>U.S. crude stockpiles, meanwhile, dropped by 3.5 million barrels last week, according to the median estimate in a Bloomberg survey. If confirmed by government data on Wednesday, it would be a fifth weekly decline.</p>\n<p>The increasingly bullish outlook for oil is adding pressure on the OPEC+ alliance led by Saudi Arabia and Russia, which meets next week to consider reviving more of the production it curbed during the pandemic.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Brent Oil Edges Above $75 as Investors Assess Tightening Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBrent Oil Edges Above $75 as Investors Assess Tightening Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 11:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.\nFutures in London edged above that mark in early Asian trading after rising 1.9% in the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184835150","content_text":"Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.\nFutures in London edged above that mark in early Asian trading after rising 1.9% in the previous session, the most in four weeks. The market continues to firm in a bullish structure, with one timespread for West Texas Intermediate expanding to thewidestbackwardation in seven years. Genscape Inc. reported stockpiles at the key American storage hub of Cushing fell again last week from the lowest level since March 2020, according to people familiar.\n\nBrent oil has rallied more than 40% this year as a strong rebound from the pandemic in the U.S., China and Europe underpins increasing fuel consumption, although a virus comeback in parts of Asia is a reminder that the recovery will be uneven. The global crude benchmark may even advance to$100 a barrelnext year as travel demand rebounds, according to Bank of America Corp.\n“Demand optimism is now well established and a tightening of the market is very much in the spotlight,” said Vandana Hari, the founder of Vanda Insights. “If there is a pause in this rally, it will likely come from the supply side.”\nOne bit of bearish news amid all the optimism is China’scrackdownon the nation’s private refiners. Asecond batchof 2021 crude import quotas allocated to the independents was about 35% less than last year, which will crimp flows into a sector that accounts for around a quarter of Chinese processing capacity.\n\n\n\nPRICES\n\n\n\n\nBrent for August settlement rose as much as 0.3% to $75.15 on the ICE Futures Europe exchange, the highest intraday level since April 2019, before easing to $75.09 at 9:50 a.m. in Singapore.\nThe prompt timespread for Brent was 86 cents in backwardation, compared with 57 cents at the start of last week.\nWTI for July delivery, which expires Tuesday, gained 0.1% to $73.75 a barrel on the New York Mercantile Exchange.\n\n\n\n\nThe premium traders are placing on WTI for September delivery over October contracts touched $1.12 a barrel on Monday. Before this, the gap between the third- and fourth-closest contracts had only traded above $1 over two periods in the past 13 years -- in 2008 and from mid-2013 to mid-2014.\nU.S. crude stockpiles, meanwhile, dropped by 3.5 million barrels last week, according to the median estimate in a Bloomberg survey. If confirmed by government data on Wednesday, it would be a fifth weekly decline.\nThe increasingly bullish outlook for oil is adding pressure on the OPEC+ alliance led by Saudi Arabia and Russia, which meets next week to consider reviving more of the production it curbed during the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9917501689,"gmtCreate":1665535882641,"gmtModify":1676537622350,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice target","listText":"Nice target","text":"Nice target","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9917501689","repostId":"2274509950","repostType":4,"repost":{"id":"2274509950","pubTimestamp":1665527328,"share":"https://www.laohu8.com/m/news/2274509950?lang=&edition=full","pubTime":"2022-10-12 06:28","market":"us","language":"en","title":"Tesla Q3: Watch Out For $175 Entry Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=2274509950","media":"Seeking Alpha","summary":"SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my an","content":"<html><head></head><body><h2>Summary</h2><ul><li>Based on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).</li><li>This article will detail my analysis of these trigger points so investors can better prepare for its incoming Q3 earnings report.</li><li>I see more downside than upside in the near term.</li><li>Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f30162e5d01c89f44270126190415d5e\" tg-width=\"1080\" tg-height=\"810\" referrerpolicy=\"no-referrer\"/><span>peerapong muangjan/iStock via Getty Images</span></p><h2>Thesis</h2><p>Tesla (NASDAQ:TSLA) experienced its largest one-day selloff recently after the company reported Q3 deliveries that missed consensus expectations. Given the magnitude of such price movements, my view is that the market has already fully bakedits incoming Q3 earnings report (scheduled on Oct. 19, 2022) into the current prices. And as such, I foresee the stock to be range bound between $175 and $250 in the near future. I do not see major catalysts to break this range till its Q4 delivery report.</p><p>This article will detail my analysis of these trigger points so investors can better prepare. Overall, I see more downside (about 22%) than upside (about 12%) in the near term. Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.</p><p>For swing traders, fundamental valuation metrics may be misleading for extremely volatile stocks like TSLA. It is a well-known fact, for such stocks, bottom valuation can occur at the bottom of their near-term cycle and vice versa. Hence, swing traders might find the first chart below more helpful. The stock is currently 46.6% off its recent high. And in the past since 2017, the stock has suffered corrections as large as this current only 3 times: in 2019, 2020, and most recently in 2022. As you can see, in each case, the stock staged a rapid rebound shortly afterward. And the $175 price, if reached due to jitter caused by its Q3 earnings report, would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID fire sale.</p><p>The remainder of this article is more oriented toward long-term holders. A price of $175 would translate into an FW EV/EBITDA of 26.4x, and next, you will see why such an entry valuation creates favorable returns potential in the long term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5603adba6f02bb330db601263275278\" tg-width=\"640\" tg-height=\"373\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9369ffd7a8e33867fdda6d2103c79cb0\" tg-width=\"640\" tg-height=\"278\" referrerpolicy=\"no-referrer\"/><span>Author based on Yahoo data</span></p><h2>Long-term growth potential intact</h2><p>I view the Q3 delivery miss only as a short-term speed bump. To wit, Tesla produced 365,923 vehicles in Q3 and delivered 343,830. These numbers still represent remarkable growth (in the range of 40-50% YOY growth and the range of 30-40% QoQ). However, these numbers missed consensus estimates for deliveries by about 4%.</p><p>First, TSLA still enjoys capital allocation flexibility and is still investing aggressively toward growth. The following chart provides a summary of TSLA maintenance and growth capital spending in the recent past since Jan 2020. Its total depreciation and amortization (&#34;TDA&#34;) are $3.4B. Its CAPEX expenditures are at $7.15B, exceeding its total TDA by $3.75B. In relative terms, its CAPEX expenditures are more than 2x of its TDA.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d6622bf64ea483a455c02f54048b2d6\" tg-width=\"640\" tg-height=\"402\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p>And hence, a large part of its CAPEX spending is toward growth CAPEX. If we approximate its maintenance CAPEX by the TDA, then it has been on average $2.57B since 2020 as seen from the top panel above. And its total CAPEX has been on average $4.76B. The difference of $2.19B can then be used to approximate the amount of growth CAPEX it has been reinvesting. In other words, the growth CAPEX is on average about 46% of the total CAPEX spending in recent years. As a result, its owners&#39; earnings (&#34;OE&#34;) are much higher than its accounting EPS because the growth CAPEX should be added back to its owners&#39; earnings, as shown in the chart below.</p><p>The chart below shows TSLA&#39;s true economic earnings compared to its accounting EPS using Greenwald&#39;s method as detailed in my earlier article or his book entitled Value Investing. As seen, TSLA&#39;s OE has systematically exceeded its accounting EPS and also its FCF (free cash flow) since 2018. As of 2021, its OE is about $9 per share compared to an accounting EPS of only ~$2 per share.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f59bb85704ef18293970f72f967ebe74\" tg-width=\"640\" tg-height=\"402\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>Non-linear growth drivers down the road</h2><p>Looking further out, there are longer-term growth drivers that are highly nonlinear. Currently, TSLA is still a &#34;car&#34; company that derives the bulk of its income from manufacturing and selling cars (84.7% of its total revenue as seen in the chart below).</p><p>However, its other segments, the non-manufacturing segments, are growing rapidly. As a notable example, its automotive services now represent 7.06% of its total revenue. With its FSD potential, such services can break all the limitations of hardware manufacturing. It could become totally scalable just like a software platform, and as a result, enjoys higher-order nonlinear growth. As detailed in my earlier article, a few key factors to consider:</p><blockquote><ol><li><i>FSD can lead to more miles driven. For example, researchers at the</i> <i>Institute of Transportationat the University of California began to show that automated or semi-automated vehicles like those TSLA makes, when there are enough of them in operation, can lead to increased vehicle miles traveled (&#34;VMT&#34;).</i></li><li><i>The FSD technology becomes more valuable when more people use it. In the 2022 Annual</i> <i>Meeting of Stockholders</i> <i>(Thursday, August 4, 2022), Musk believes that Tesla&#39;s cumulative production of vehicles will reach 100 million. Meanwhile, its autonomous driving technology is maturing and scaling up rapidly. As of Q2-2022, over 100,000 Tesla drivers in North America had access to Full Self-Driving Beta. And the accumulated miles driven by Full Self-Driving had been expanding exponentially and reached 35 million miles so far.</i></li></ol></blockquote><p>The factors create new strategies for TSLA to monetize in areas like service sales (service income will be proportional to VMT), insurance income (which would be also proportional to VMT but in a different paradigm with large-scale FSD deployment), and also autonomous driving functions and software.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/11e8ebcb6136fb0b69bfd3b8abd66973\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\"/><span>BofA data and TSLA presentation</span></p><h2>The near-term headwinds</h2><p>Although in the near term, there is no shortage of headwinds to keep the stock price range bound as mentioned above. And the Q3 delivery miss is a symptom of these ongoing headwinds. These headwinds include limited production and shutdowns at its factory in Shanghai for a large part of 1H 2022 and potential disruptions for the rest of the year also. The company still faces challenges associated with ongoing supply-chain disruptions and labor shortages. At the same, other traditional automakers are investing aggressively in their EV development too and competing fiercely for market share. Also, EV adoption is currently driven primarily by government regulations and subsidies, and these regulations and subsidies could change with short notice.</p><p>These uncertainties are encapsulated in the large variance in the consensus estimates. A total of 31 analysts provided earnings revisions for the last 3 months. And the revisions are close to a perfect split between Up Revisions and Down Revisions. A total of 18 analysts submitted an up revision and 13 a down revision. The revised estimates vary widely too. Even for 2022, the lower end of the consensus EPS is $3.75 and the high end is $6.53, a variance of 74%. And the variance widens further to 112% for 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/333c69cc288ac721e338af33d85b6baf\" tg-width=\"640\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>The $175-250 trading range again</h2><p>At its current price level, its valuation is still elevated despite the recent correction. To wit, it is currently valued at around 10.2x EV/sales ratio and 47.8x EV/EBITDA. On an FW basis, the multiples are a bit lower but it is at around 8.3x EV/sales ratio and 33.6x EV/EBITDA. It is expensive both in relative terms and absolute terms in my mind. As a reference point, the overall market is valued at about 3.5x EV/sales and 16x EV/EBITDA. On an absolute scale, leading institutions like BofA Global Research model its near-term valuation around 13x EV/Sales and 55x EV/EBITDA. I think these multiples are way too optimistic given the near-term headwinds and the historical volatility.</p><p>My target valuations are provided in the second chart below. As seen, I am essentially assuming ½ of the valuation provided by BofA in the near term. The lower bound of my price range corresponds to 6.5x FW EV/sales ratio and 26.4x EV/EBITDA. The estimates were made using financial data provided by SA as summarized in the lower part of the table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9cbaf099431a293b3dc5d811169c254\" tg-width=\"640\" tg-height=\"405\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0decb276cfc925bb3c6b0efa8745e5c5\" tg-width=\"640\" tg-height=\"195\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>Risks and final thoughts</h2><p>To reiterate, I see Tesla stock price oscillating in a relatively narrow range of $175-$250 trading range till the Q4 delivery report. With the recent large price movements, the market has baked in the Q3 earnings report already. Overall, I see more downside in the near term than upside due to the near-term headwinds. Its Q3 delivery miss is a symptom of these headwinds, including the lingering effects from its Shanghai factor shutdown, ongoing supply-chain disruptions, labor shortages, et al.</p><p>While there might be some interesting opportunities for both swing traders and long-term investors, the $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding. A price of $175 would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID firesale. For long-term-oriented investors, a price of $175 would translate into a 26.4x EV/EBITDA, leaving a large margin of safety. It is about ½ of the multiples used by leading institutes such as BofA (55x) and close to its multi-year bottom of 23.6x observed in early 2020. Such a margin of safety shortens the timeframe for its nonlinear growth potential such as production ramp-up and FSD to catch up with its current valuations.</p><p><i>This article is written by Envision Research for reference only. Please note the risks.</i></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>Tesla Q3: Watch Out For $175 Entry Opportunity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q3: Watch Out For $175 Entry Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-12 06:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274509950","content_text":"SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my analysis of these trigger points so investors can better prepare for its incoming Q3 earnings report.I see more downside than upside in the near term.Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.peerapong muangjan/iStock via Getty ImagesThesisTesla (NASDAQ:TSLA) experienced its largest one-day selloff recently after the company reported Q3 deliveries that missed consensus expectations. Given the magnitude of such price movements, my view is that the market has already fully bakedits incoming Q3 earnings report (scheduled on Oct. 19, 2022) into the current prices. And as such, I foresee the stock to be range bound between $175 and $250 in the near future. I do not see major catalysts to break this range till its Q4 delivery report.This article will detail my analysis of these trigger points so investors can better prepare. Overall, I see more downside (about 22%) than upside (about 12%) in the near term. Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.For swing traders, fundamental valuation metrics may be misleading for extremely volatile stocks like TSLA. It is a well-known fact, for such stocks, bottom valuation can occur at the bottom of their near-term cycle and vice versa. Hence, swing traders might find the first chart below more helpful. The stock is currently 46.6% off its recent high. And in the past since 2017, the stock has suffered corrections as large as this current only 3 times: in 2019, 2020, and most recently in 2022. As you can see, in each case, the stock staged a rapid rebound shortly afterward. And the $175 price, if reached due to jitter caused by its Q3 earnings report, would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID fire sale.The remainder of this article is more oriented toward long-term holders. A price of $175 would translate into an FW EV/EBITDA of 26.4x, and next, you will see why such an entry valuation creates favorable returns potential in the long term.Seeking Alpha dataAuthor based on Yahoo dataLong-term growth potential intactI view the Q3 delivery miss only as a short-term speed bump. To wit, Tesla produced 365,923 vehicles in Q3 and delivered 343,830. These numbers still represent remarkable growth (in the range of 40-50% YOY growth and the range of 30-40% QoQ). However, these numbers missed consensus estimates for deliveries by about 4%.First, TSLA still enjoys capital allocation flexibility and is still investing aggressively toward growth. The following chart provides a summary of TSLA maintenance and growth capital spending in the recent past since Jan 2020. Its total depreciation and amortization (\"TDA\") are $3.4B. Its CAPEX expenditures are at $7.15B, exceeding its total TDA by $3.75B. In relative terms, its CAPEX expenditures are more than 2x of its TDA.Seeking Alpha dataAnd hence, a large part of its CAPEX spending is toward growth CAPEX. If we approximate its maintenance CAPEX by the TDA, then it has been on average $2.57B since 2020 as seen from the top panel above. And its total CAPEX has been on average $4.76B. The difference of $2.19B can then be used to approximate the amount of growth CAPEX it has been reinvesting. In other words, the growth CAPEX is on average about 46% of the total CAPEX spending in recent years. As a result, its owners' earnings (\"OE\") are much higher than its accounting EPS because the growth CAPEX should be added back to its owners' earnings, as shown in the chart below.The chart below shows TSLA's true economic earnings compared to its accounting EPS using Greenwald's method as detailed in my earlier article or his book entitled Value Investing. As seen, TSLA's OE has systematically exceeded its accounting EPS and also its FCF (free cash flow) since 2018. As of 2021, its OE is about $9 per share compared to an accounting EPS of only ~$2 per share.Author based on Seeking Alpha dataNon-linear growth drivers down the roadLooking further out, there are longer-term growth drivers that are highly nonlinear. Currently, TSLA is still a \"car\" company that derives the bulk of its income from manufacturing and selling cars (84.7% of its total revenue as seen in the chart below).However, its other segments, the non-manufacturing segments, are growing rapidly. As a notable example, its automotive services now represent 7.06% of its total revenue. With its FSD potential, such services can break all the limitations of hardware manufacturing. It could become totally scalable just like a software platform, and as a result, enjoys higher-order nonlinear growth. As detailed in my earlier article, a few key factors to consider:FSD can lead to more miles driven. For example, researchers at the Institute of Transportationat the University of California began to show that automated or semi-automated vehicles like those TSLA makes, when there are enough of them in operation, can lead to increased vehicle miles traveled (\"VMT\").The FSD technology becomes more valuable when more people use it. In the 2022 Annual Meeting of Stockholders (Thursday, August 4, 2022), Musk believes that Tesla's cumulative production of vehicles will reach 100 million. Meanwhile, its autonomous driving technology is maturing and scaling up rapidly. As of Q2-2022, over 100,000 Tesla drivers in North America had access to Full Self-Driving Beta. And the accumulated miles driven by Full Self-Driving had been expanding exponentially and reached 35 million miles so far.The factors create new strategies for TSLA to monetize in areas like service sales (service income will be proportional to VMT), insurance income (which would be also proportional to VMT but in a different paradigm with large-scale FSD deployment), and also autonomous driving functions and software.BofA data and TSLA presentationThe near-term headwindsAlthough in the near term, there is no shortage of headwinds to keep the stock price range bound as mentioned above. And the Q3 delivery miss is a symptom of these ongoing headwinds. These headwinds include limited production and shutdowns at its factory in Shanghai for a large part of 1H 2022 and potential disruptions for the rest of the year also. The company still faces challenges associated with ongoing supply-chain disruptions and labor shortages. At the same, other traditional automakers are investing aggressively in their EV development too and competing fiercely for market share. Also, EV adoption is currently driven primarily by government regulations and subsidies, and these regulations and subsidies could change with short notice.These uncertainties are encapsulated in the large variance in the consensus estimates. A total of 31 analysts provided earnings revisions for the last 3 months. And the revisions are close to a perfect split between Up Revisions and Down Revisions. A total of 18 analysts submitted an up revision and 13 a down revision. The revised estimates vary widely too. Even for 2022, the lower end of the consensus EPS is $3.75 and the high end is $6.53, a variance of 74%. And the variance widens further to 112% for 2023.Author based on Seeking Alpha dataThe $175-250 trading range againAt its current price level, its valuation is still elevated despite the recent correction. To wit, it is currently valued at around 10.2x EV/sales ratio and 47.8x EV/EBITDA. On an FW basis, the multiples are a bit lower but it is at around 8.3x EV/sales ratio and 33.6x EV/EBITDA. It is expensive both in relative terms and absolute terms in my mind. As a reference point, the overall market is valued at about 3.5x EV/sales and 16x EV/EBITDA. On an absolute scale, leading institutions like BofA Global Research model its near-term valuation around 13x EV/Sales and 55x EV/EBITDA. I think these multiples are way too optimistic given the near-term headwinds and the historical volatility.My target valuations are provided in the second chart below. As seen, I am essentially assuming ½ of the valuation provided by BofA in the near term. The lower bound of my price range corresponds to 6.5x FW EV/sales ratio and 26.4x EV/EBITDA. The estimates were made using financial data provided by SA as summarized in the lower part of the table.Seeking Alpha dataAuthor based on Seeking Alpha dataRisks and final thoughtsTo reiterate, I see Tesla stock price oscillating in a relatively narrow range of $175-$250 trading range till the Q4 delivery report. With the recent large price movements, the market has baked in the Q3 earnings report already. Overall, I see more downside in the near term than upside due to the near-term headwinds. Its Q3 delivery miss is a symptom of these headwinds, including the lingering effects from its Shanghai factor shutdown, ongoing supply-chain disruptions, labor shortages, et al.While there might be some interesting opportunities for both swing traders and long-term investors, the $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding. A price of $175 would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID firesale. For long-term-oriented investors, a price of $175 would translate into a 26.4x EV/EBITDA, leaving a large margin of safety. It is about ½ of the multiples used by leading institutes such as BofA (55x) and close to its multi-year bottom of 23.6x observed in early 2020. Such a margin of safety shortens the timeframe for its nonlinear growth potential such as production ramp-up and FSD to catch up with its current valuations.This article is written by Envision Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992200026,"gmtCreate":1661311417567,"gmtModify":1676536495329,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Does this make sense?","listText":"Does this make sense?","text":"Does this make sense?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992200026","repostId":"2261653796","repostType":4,"repost":{"id":"2261653796","pubTimestamp":1661311232,"share":"https://www.laohu8.com/m/news/2261653796?lang=&edition=full","pubTime":"2022-08-24 11:20","market":"us","language":"en","title":"Apple Sees This Business Reaching $10 Billion Soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2261653796","media":"Motley Fool","summary":"And it's still very early days for this high-margin service.","content":"<html><head></head><body><p>About three months ago, <b>Apple</b> made a small but notable change to its corporate structure. Its <a href=\"https://laohu8.com/S/VP..UK\">VP</a> of advertising, Todd Teresi, started reporting directly to Eddy Cue, who oversees all of Apple&#39;s Services business.</p><p>That&#39;s apparently just the start of a big push for the advertising business. Since then, Apple&#39;s made more moves to grow the business, and Teresi said his goal is to grow the business to more than $10 billion in annual revenue.</p><h2>Two recent changes</h2><p>Apple&#39;s advertising business is relatively small for a company with an installed base of over 1.8 billion devices. The company currently generates about $4 billion in annual revenue, which pales in comparison to advertising giants like <b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b>, <b>Alphabet</b>, or even <b>Amazon</b>. The smallest of that group, Amazon, has an advertising business nearly an order of magnitude larger than Apple.</p><p>Apple currently advertises in the App Store, News, and Stocks apps. But the success of its big-tech companions in advertising suggests it can build a much bigger ad business.</p><p>That will start with Apple&#39;s plans to expand advertising inventory within the App Store. Apple currently shows display ads when someone clicks the Search tab on the App Store, and it has promoted listings in the search results.</p><p>Soon, it&#39;ll show display ads on the Today tab, which provides personalized suggestions for new apps to download. It&#39;ll also start showing display ads within third-party app pages, which means apps will be able to advertise their product on their competitor&#39;s product page.</p><p>The second big change in the app business is a new job listing spotted by Digiday. The company is looking to build a demand-side platform, also known as a DSP. A DSP would allow marketers to automate ad purchases across Apple&#39;s inventory, which can lead to greater ad spending. It could also attract advertisers with smaller budgets, increasing competition for each ad spot, leading to higher average ad prices. Owning its own advertising technology can also lead to higher operating margins for the ad business.</p><h2>Where does Apple go from here?</h2><p>Apple has a lot of opportunities to insert more advertising into the apps and services iPhone users interact with most often.</p><p>It&#39;s reportedly already explored the potential for advertisements within Maps. That could include sponsored search listings as well as highlighting locations along a route or an area of focus.</p><p>Other potential areas for advertising, as <i>Bloomberg</i>&#39;s Mark Gurman points out, include Podcasts and Books. Both have search and discovery features, which could lend themselves well to straightforward display and keyword advertisements.</p><p>Expanding the ad business could also lead to things like a podcast advertising network or video ads on Apple TV+. In fact, Apple&#39;s already responsible for selling a small amount of commercials during its Friday night baseball broadcasts on Apple TV+. Apple could expand that to more ad-supported video content in the service in the future.</p><p>Another interesting long-term opportunity is building an internet search engine a la Google. While Apple has a lucrative contract with Google today, the search giant could face regulatory pressure in the future, ending such deals.</p><p>Teresi&#39;s goal of reaching $10 billion in ad revenue shouldn&#39;t be too difficult. And with the high margins of digital advertising, it could play a significant role in growing Apple&#39;s bottom line over the next few years.</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>Apple Sees This Business Reaching $10 Billion Soon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Sees This Business Reaching $10 Billion Soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/23/apple-sees-this-business-reaching-10-billion-soon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>About three months ago, Apple made a small but notable change to its corporate structure. Its VP of advertising, Todd Teresi, started reporting directly to Eddy Cue, who oversees all of Apple's ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/23/apple-sees-this-business-reaching-10-billion-soon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/08/23/apple-sees-this-business-reaching-10-billion-soon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261653796","content_text":"About three months ago, Apple made a small but notable change to its corporate structure. Its VP of advertising, Todd Teresi, started reporting directly to Eddy Cue, who oversees all of Apple's Services business.That's apparently just the start of a big push for the advertising business. Since then, Apple's made more moves to grow the business, and Teresi said his goal is to grow the business to more than $10 billion in annual revenue.Two recent changesApple's advertising business is relatively small for a company with an installed base of over 1.8 billion devices. The company currently generates about $4 billion in annual revenue, which pales in comparison to advertising giants like Meta Platforms, Alphabet, or even Amazon. The smallest of that group, Amazon, has an advertising business nearly an order of magnitude larger than Apple.Apple currently advertises in the App Store, News, and Stocks apps. But the success of its big-tech companions in advertising suggests it can build a much bigger ad business.That will start with Apple's plans to expand advertising inventory within the App Store. Apple currently shows display ads when someone clicks the Search tab on the App Store, and it has promoted listings in the search results.Soon, it'll show display ads on the Today tab, which provides personalized suggestions for new apps to download. It'll also start showing display ads within third-party app pages, which means apps will be able to advertise their product on their competitor's product page.The second big change in the app business is a new job listing spotted by Digiday. The company is looking to build a demand-side platform, also known as a DSP. A DSP would allow marketers to automate ad purchases across Apple's inventory, which can lead to greater ad spending. It could also attract advertisers with smaller budgets, increasing competition for each ad spot, leading to higher average ad prices. Owning its own advertising technology can also lead to higher operating margins for the ad business.Where does Apple go from here?Apple has a lot of opportunities to insert more advertising into the apps and services iPhone users interact with most often.It's reportedly already explored the potential for advertisements within Maps. That could include sponsored search listings as well as highlighting locations along a route or an area of focus.Other potential areas for advertising, as Bloomberg's Mark Gurman points out, include Podcasts and Books. Both have search and discovery features, which could lend themselves well to straightforward display and keyword advertisements.Expanding the ad business could also lead to things like a podcast advertising network or video ads on Apple TV+. In fact, Apple's already responsible for selling a small amount of commercials during its Friday night baseball broadcasts on Apple TV+. Apple could expand that to more ad-supported video content in the service in the future.Another interesting long-term opportunity is building an internet search engine a la Google. While Apple has a lucrative contract with Google today, the search giant could face regulatory pressure in the future, ending such deals.Teresi's goal of reaching $10 billion in ad revenue shouldn't be too difficult. And with the high margins of digital advertising, it could play a significant role in growing Apple's bottom line over the next few years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578997581123464","authorId":"3578997581123464","name":"Yao84","avatar":"https://static.tigerbbs.com/5e30432f9f4a2555514d757fdb9c4f0d","crmLevel":3,"crmLevelSwitch":1},"content":"If can makw money then yes. Hehw","text":"If can makw money then yes. Hehw","html":"If can makw money then yes. Hehw"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150913926,"gmtCreate":1624881477965,"gmtModify":1703846896405,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment s","listText":"Like and comment s","text":"Like and comment s","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150913926","repostId":"1150095060","repostType":4,"repost":{"id":"1150095060","pubTimestamp":1624874134,"share":"https://www.laohu8.com/m/news/1150095060?lang=&edition=full","pubTime":"2021-06-28 17:55","market":"us","language":"en","title":"US IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1150095060","media":"Renaissance Capital","summary":"17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant $DiDi Global Inc.$.DiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.Cybersecurity platform $SentinelOne, Inc$","content":"<p>17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant<b>&nbsp;<a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a>.</b></p>\n<p><b>DiDi</b>&nbsp;plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.</p>\n<p>Cybersecurity platform&nbsp;<b><a href=\"https://laohu8.com/S/S\">SentinelOne, Inc</a></b> plans to raise $880 million at an $8.2 billion market cap. SentinelOne's Singularity Platform is an AI-powered extended detection and response platform that ingests, correlates and queries petabytes of structured and unstructured data to provide autonomous cybersecurity defense. Fast growing and unprofitable, the company had over 4,700 customers as of 4/30/21, up from 2,700 a year prior.</p>\n<p>Turkish e-commerce platform&nbsp;<b>D-MARKET Electronic Services &amp; Trading</b>(HEPS) plans to raise $681 million at a $3.9 billion market cap. Operating under the name Hepsiburada, the company connected 33 million members, 9 million Active Customers, and a base of approximately 45 thousand Active Merchants in 2020. The company is fast growing but EBITDA swung negative in the 1Q21.</p>\n<p>Doughnut brand&nbsp;<a href=\"https://laohu8.com/S/DNUT\"><b>Krispy Kreme, Inc.</a> </b>plans to raise $600 million at a $3.8 billion market cap. Krispy Kreme is an omni-channel business operating through a network of doughnut shops, partnerships with retailers, and an e-Commerce and delivery business. The company has a long track record and strong brand awareness, though its growth strategy is unproven.</p>\n<p>Legal solutions provider&nbsp;<b><a href=\"https://laohu8.com/S/LZ\">LegalZoom.com, Inc</a> </b>plans to raise $488 million at a $5.3 billion market cap. LegalZoom states that it is a leading online platform for legal and compliance solutions, claiming that 10% of new LLCs and 5% of new corporations in the US were formed via LegalZoom in 2020. Profitable on an EBITDA basis in the 1Q21, the company operates across all 50 states and over 3,000 counties in the US.</p>\n<p>Identity verification platform&nbsp;<b><a href=\"https://laohu8.com/S/YOU\">Clear Secure, Inc.</a></b> plans to raise $376 million at a $4.1 billion market cap. Clear Secure's secure identity platform uses to automate the identity verification process, with main offerings including CLEAR Plus, a consumer aviation subscription service, and two mobile apps. As of 5/31/21, Clear Secure's network included 38 airports, 26 sports and entertainment partners, and 67 Health Pass-enabled partners.</p>\n<p>Chinese grocery delivery platform&nbsp;<b><a href=\"https://laohu8.com/S/DDL\">Dingdong (Cayman) Limited</a> </b>plans to raise $343 million at a $6.0 billion market cap. With fresh groceries as its core product categories, Dingdong states that it is the fastest growing on-demand e-commerce company in China. Unprofitable with explosive growth, the company had a 10% share of the on-demand e-commerce market by GMV in 2020.</p>\n<p>SaaS solutions provider&nbsp;<b><a href=\"https://laohu8.com/S/EVCM\">EverCommerce Inc.</a></b> plans to raise $325 million at a $3.4 billion market cap. EverCommerce is a leading provider of integrated, vertically-tailored SaaS solutions for service-based SMBs. The company serves over 500,000 customers across three core verticals: Home Services, Health Services, and Fitness &amp; Wellness Services.</p>\n<p>Software provider&nbsp;<b><a href=\"https://laohu8.com/S/INTA\">Intapp, Inc.</a> </b>plans to raise $278 million at a $1.9 billion market cap. Intapp provides industry-specific, cloud-based software solutions for the professional and financial services industry globally. The company had over 1,600 clients as of March 31, 2021, and it currently has more than 20 clients with contracts greater than $1 million of ARR.</p>\n<p>Online manufacturing marketplace&nbsp;<b><a href=\"https://laohu8.com/S/XMTR\">Xometry, Inc.</a></b> plans to raise $275 million at a $1.9 billion market cap. Xometry states that it is a leading AI-enabled marketplace for on-demand manufacturing. Its buyers include businesses ranging from self-funded start-ups to Fortune 100 companies. Since its inception, over 6.0 million parts have been manufactured through Xometry's platform.</p>\n<p><b><a href=\"https://laohu8.com/S/IAS\">Integral Ad Science Holding LLC</a> </b>plans to raise $240 million at a $2.5 billion market cap. The company’s technology provides metrics designed to verify that digital ads are served to a real person, viewable on-screen, and appear in a brand-safe and suitable environment in the correct geography. Profitable on an EBIT basis, Integral Ad Science served over 2,000 customers as of 3/31/21.</p>\n<p>Plus-sized women’s apparel brand&nbsp;<b><a href=\"https://laohu8.com/S/CURV\">Torrid Holdings</a> </b>plans to raise $156 million at a $2.1 billion market cap. Torrid is the largest direct-to-consumer brand of women's plus-size apparel and intimates in North America by net sales. The profitable company markets directly to consumers via physical stores and its e-commerce platform, which represented a majority of sales in the 12 months ended 5/1/21.</p>\n<p>Alzheimer’s biotech&nbsp;<b><a href=\"https://laohu8.com/S/ABOS\">Acumen Pharmaceuticals, Inc.</a></b> plans to raise $125 million at a $607 million market cap. The company's lead candidate, ACU193, is a humanized monoclonal antibody that selectively targets amyloid-beta oligomers. ACU193 entered a Phase 1 trial in patients with mild dementia or cognitive impairment due to AD in the 2Q21, with data expected by year end 2022.</p>\n<p>Digital financial services provider&nbsp;<b>AMTD Digital</b>(<a href=\"https://laohu8.com/S/HKD\">$(HKD)$</a>) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.</p>\n<p>Drug formulation developer&nbsp;<b>Aerovate Therapeutics</b>(<a href=\"https://laohu8.com/S/AVTE\">$(AVTE)$</a>) plans to raise $100 million at a $325 million market cap. Aerovate's initial focus is on advancing AV-101, a dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension (PAH). The company has completed a Phase 1 study in healthy volunteers and expects to begin a Phase 2b/3 trial in PAH patients in the 2H21.</p>\n<p>Neuromodulation device provider<b>&nbsp;<a href=\"https://laohu8.com/S/CVRX\">CVRx Inc</a> </b>plans to raise $100 million at a $333 million market cap. CVRx manufactures and markets its minimally invasive neuromodulation solutions on its proprietary BAROSTIM platform. The company's states that its BAROSTEM NEO product is the first and only commercially available neuromodulation device indicated to improve symptoms for patients with heart failure with reduced ejection fraction.</p>\n<p>Belgium-listed&nbsp;<b>Nyxoah</b>(<a href=\"https://laohu8.com/S/NYXH\">$(NYXH)$</a>) plans to raise $87 million at an $803 million market cap. Nyxoah's lead product is the Genio system, a CE-marked, minimally-invasive hypoglossal neurostimulation therapy for obstructive sleep apnea. The company began generating revenue from Genio in Europe in July 2020 and is currently conducting a pivotal trial designed to support marketing authorization in the US.</p>\n<p><img src=\"https://static.tigerbbs.com/58f28d5f7f3b8e686c0bd006c2968b99\" tg-width=\"1131\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/508f1118f1d92b2b76391bc3610bd6c4\" tg-width=\"1131\" tg-height=\"657\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ed04cd42fa30b460fcf67e07efa6ddc7\" tg-width=\"1130\" tg-height=\"166\" referrerpolicy=\"no-referrer\"></p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/24/21, the Renaissance IPO Index was up 2.7% year-to-date, while the S&amp;P 500 was up 13.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 1.5% year-to-date, while the ACWX was up 10.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 17:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/83318/US-IPO-Week-Ahead-DiDi-makes-its-billion-dollar-debut-in-a-17-IPO-week><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant DiDi Global Inc..\nDiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/83318/US-IPO-Week-Ahead-DiDi-makes-its-billion-dollar-debut-in-a-17-IPO-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTA":"Intapp, Inc.","CVRX":"CVRx, Inc.","S":"SentinelOne, Inc","DNUT":"Krispy Kreme, Inc.","LZ":"LegalZoom.com, Inc","EVCM":"EverCommerce Inc.","DDL":"叮咚买菜","XMTR":"Xometry, Inc.","DIDI":"滴滴(已退市)","YOU":"Clear Secure, Inc.","CURV":"Torrid Holdings","HEPS":"D-MARKET Electronic Services & Trading","ABOS":"Acumen Pharmaceuticals, Inc.","IAS":"Integral Ad Science Holding"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/83318/US-IPO-Week-Ahead-DiDi-makes-its-billion-dollar-debut-in-a-17-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150095060","content_text":"17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant DiDi Global Inc..\nDiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.\nCybersecurity platform SentinelOne, Inc plans to raise $880 million at an $8.2 billion market cap. SentinelOne's Singularity Platform is an AI-powered extended detection and response platform that ingests, correlates and queries petabytes of structured and unstructured data to provide autonomous cybersecurity defense. Fast growing and unprofitable, the company had over 4,700 customers as of 4/30/21, up from 2,700 a year prior.\nTurkish e-commerce platform D-MARKET Electronic Services & Trading(HEPS) plans to raise $681 million at a $3.9 billion market cap. Operating under the name Hepsiburada, the company connected 33 million members, 9 million Active Customers, and a base of approximately 45 thousand Active Merchants in 2020. The company is fast growing but EBITDA swung negative in the 1Q21.\nDoughnut brand Krispy Kreme, Inc. plans to raise $600 million at a $3.8 billion market cap. Krispy Kreme is an omni-channel business operating through a network of doughnut shops, partnerships with retailers, and an e-Commerce and delivery business. The company has a long track record and strong brand awareness, though its growth strategy is unproven.\nLegal solutions provider LegalZoom.com, Inc plans to raise $488 million at a $5.3 billion market cap. LegalZoom states that it is a leading online platform for legal and compliance solutions, claiming that 10% of new LLCs and 5% of new corporations in the US were formed via LegalZoom in 2020. Profitable on an EBITDA basis in the 1Q21, the company operates across all 50 states and over 3,000 counties in the US.\nIdentity verification platform Clear Secure, Inc. plans to raise $376 million at a $4.1 billion market cap. Clear Secure's secure identity platform uses to automate the identity verification process, with main offerings including CLEAR Plus, a consumer aviation subscription service, and two mobile apps. As of 5/31/21, Clear Secure's network included 38 airports, 26 sports and entertainment partners, and 67 Health Pass-enabled partners.\nChinese grocery delivery platform Dingdong (Cayman) Limited plans to raise $343 million at a $6.0 billion market cap. With fresh groceries as its core product categories, Dingdong states that it is the fastest growing on-demand e-commerce company in China. Unprofitable with explosive growth, the company had a 10% share of the on-demand e-commerce market by GMV in 2020.\nSaaS solutions provider EverCommerce Inc. plans to raise $325 million at a $3.4 billion market cap. EverCommerce is a leading provider of integrated, vertically-tailored SaaS solutions for service-based SMBs. The company serves over 500,000 customers across three core verticals: Home Services, Health Services, and Fitness & Wellness Services.\nSoftware provider Intapp, Inc. plans to raise $278 million at a $1.9 billion market cap. Intapp provides industry-specific, cloud-based software solutions for the professional and financial services industry globally. The company had over 1,600 clients as of March 31, 2021, and it currently has more than 20 clients with contracts greater than $1 million of ARR.\nOnline manufacturing marketplace Xometry, Inc. plans to raise $275 million at a $1.9 billion market cap. Xometry states that it is a leading AI-enabled marketplace for on-demand manufacturing. Its buyers include businesses ranging from self-funded start-ups to Fortune 100 companies. Since its inception, over 6.0 million parts have been manufactured through Xometry's platform.\nIntegral Ad Science Holding LLC plans to raise $240 million at a $2.5 billion market cap. The company’s technology provides metrics designed to verify that digital ads are served to a real person, viewable on-screen, and appear in a brand-safe and suitable environment in the correct geography. Profitable on an EBIT basis, Integral Ad Science served over 2,000 customers as of 3/31/21.\nPlus-sized women’s apparel brand Torrid Holdings plans to raise $156 million at a $2.1 billion market cap. Torrid is the largest direct-to-consumer brand of women's plus-size apparel and intimates in North America by net sales. The profitable company markets directly to consumers via physical stores and its e-commerce platform, which represented a majority of sales in the 12 months ended 5/1/21.\nAlzheimer’s biotech Acumen Pharmaceuticals, Inc. plans to raise $125 million at a $607 million market cap. The company's lead candidate, ACU193, is a humanized monoclonal antibody that selectively targets amyloid-beta oligomers. ACU193 entered a Phase 1 trial in patients with mild dementia or cognitive impairment due to AD in the 2Q21, with data expected by year end 2022.\nDigital financial services provider AMTD Digital($(HKD)$) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.\nDrug formulation developer Aerovate Therapeutics($(AVTE)$) plans to raise $100 million at a $325 million market cap. Aerovate's initial focus is on advancing AV-101, a dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension (PAH). The company has completed a Phase 1 study in healthy volunteers and expects to begin a Phase 2b/3 trial in PAH patients in the 2H21.\nNeuromodulation device provider CVRx Inc plans to raise $100 million at a $333 million market cap. CVRx manufactures and markets its minimally invasive neuromodulation solutions on its proprietary BAROSTIM platform. The company's states that its BAROSTEM NEO product is the first and only commercially available neuromodulation device indicated to improve symptoms for patients with heart failure with reduced ejection fraction.\nBelgium-listed Nyxoah($(NYXH)$) plans to raise $87 million at an $803 million market cap. Nyxoah's lead product is the Genio system, a CE-marked, minimally-invasive hypoglossal neurostimulation therapy for obstructive sleep apnea. The company began generating revenue from Genio in Europe in July 2020 and is currently conducting a pivotal trial designed to support marketing authorization in the US.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/24/21, the Renaissance IPO Index was up 2.7% year-to-date, while the S&P 500 was up 13.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 1.5% year-to-date, while the ACWX was up 10.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169082943,"gmtCreate":1623809217882,"gmtModify":1703820120956,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls help comment","listText":"Pls help comment","text":"Pls help comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/169082943","repostId":"1144333499","repostType":4,"repost":{"id":"1144333499","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":1623806562,"share":"https://www.laohu8.com/m/news/1144333499?lang=&edition=full","pubTime":"2021-06-16 09:22","market":"us","language":"en","title":"Angelalign Technology spikes 131% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1144333499","media":"Tiger Newspress","summary":"Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong de","content":"<p>Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.<img src=\"https://static.tigerbbs.com/18ea5712cc84ecd364dd1a11f6cfce82\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.</p>\n<p>Angelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.</p>\n<p>Mom-and-pop buyers put in orders for&nbsp;2,079 times&nbsp;the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.</p>\n<p>Hong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.</p>\n<p>Just eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Angelalign Technology spikes 131% on its first day of trading</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\">\nAngelalign Technology spikes 131% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-16 09:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.<img src=\"https://static.tigerbbs.com/18ea5712cc84ecd364dd1a11f6cfce82\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.</p>\n<p>Angelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.</p>\n<p>Mom-and-pop buyers put in orders for&nbsp;2,079 times&nbsp;the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.</p>\n<p>Hong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.</p>\n<p>Just eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06699":"时代天使"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144333499","content_text":"Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.\nAngelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.\nMom-and-pop buyers put in orders for 2,079 times the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.\nHong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.\nJust eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917503588,"gmtCreate":1665535820745,"gmtModify":1676537622328,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sure","listText":"Sure","text":"Sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9917503588","repostId":"2274522423","repostType":2,"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938049335,"gmtCreate":1662529752928,"gmtModify":1676537081401,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ocbc?","listText":"Ocbc?","text":"Ocbc?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938049335","repostId":"1101386534","repostType":2,"repost":{"id":"1101386534","pubTimestamp":1662528307,"share":"https://www.laohu8.com/m/news/1101386534?lang=&edition=full","pubTime":"2022-09-07 13:25","market":"sg","language":"en","title":"5 Blue Chip Winners in Singapore Corporate Awards","url":"https://stock-news.laohu8.com/highlight/detail?id=1101386534","media":"smart investor","summary":"It is Singapore’s Oscar night, but for corporations.The Singapore Corporate Awards (SCA) is similar ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/e3aecdaf908e15edeeb4f18e4179b866\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>It is Singapore’s Oscar night, but for corporations.</p><p>The Singapore Corporate Awards (SCA) is similar to the Oscars in that it recognises and promotes excellence in corporate governance among listed companies.</p><p>Launched back in September 2005, SCA is now into its 17thconsecutive year and hands out awards to deserving companies in seven areas.</p><p>They are – best managed board, best CEO, best CFO, best investor relations (IR), best annual report and best risk management.</p><p>We feature fiveblue-chip companiesthat clinched awards in the most recent SCA ceremony.</p><h2><b>DBS Group (SGX: D05)</b></h2><p>DBS is Singapore’s largest bank and the lender bagged a total of three awards at the SCA.</p><p>The group won gold awards for best managed board and best risk management, and a silver award for best annual report.</p><p>The bank has no doubt done an excellent job in steering its way through the turbulence faced in the last two years.</p><p>For fiscal 2021 (FY2021), DBSchalked upa record S$6.8 billion in net profit as it wrote back allowances and generated higher fee income.</p><p>The strong performance has carried on into the first half of 2022 (1H2022) with the bankreportingits second-highest quarterly profit on record.</p><p>DBS’ annual report, which can be foundhere, provides detailed financial highlights along with a section on sustainability and creating social good.</p><h2><b>United Overseas Bank Ltd (SGX: U11)</b></h2><p>Not to be outdone, United Overseas Bank Ltd, or UOB, has also clinched three awards in the SCA.</p><p>Despite being the smallest of Singapore’s Big Three banks, UOB still managed to rake up a net profit of S$2 billion for its1H2022 earnings.</p><p>UOB’s CEO, Wee Ee Cheong, snagged the best CEO award and the bank also bagged the gold award for best risk management.</p><p>In addition, the lender also cliched a silver award for best IR.</p><p>UOB has consistently kept its shareholders updated on all its corporate announcements and business development activities.</p><p>The bank releases a presentation periodically showing investors its progress on digitalisation, the market potential for its franchise to expand, and also provides a detailed macroeconomic outlook.</p><p>UOB even periodically releases a mandarin version of its presentation for its customers who are more familiar with the language.</p><h2><b>Singtel (SGX: Z74)</b></h2><p>Singtel is Singapore’s largest telco and the group won a silver award for best IR and a bronze award for best annual report.</p><p>The telco has provided detailed updates on thestrategic reviewthat was announced in May last year.</p><p>Subsequently, itsannual reportthat year provided useful details on how it planned to realign the business and set it on a growth path again.</p><p>These efforts have paid off – Singtel’s most recentbusiness updatesaw the telco report a higher underlying net profit with the group also hinting that dividends may be raised.</p><p>There could be more good news to come as Singtel’s recentInvestor Dayhighlighted several growth initiatives that could benefit the telco in the months to come.</p><h2><b>CapitaLand Investment Limited (SGX: 9CI)</b></h2><p>CapitaLand Investment Limited, or CLI, is a global real estate investment manager with S$125 billion of real estate assets under management and S$86 billion of real estate funds under management as of 30 June 2022.</p><p>Not only did CLI clinch the “Best CFO” award for group CFO Andrew Lim, but threeREITsthat it manages also walked away with awards.</p><p><b>Ascott Residence Trust</b>(SGX: HMN) won a gold award for best IR, <b>CapitaLand Integrated Commercial Trust</b>(SGX: C38U) clinched the gold award for best annual report, and <b>Ascendas REIT</b>(SGX: A17U) won a silver award for best annual report.</p><h2><b>Frasers Logistics &amp; Commercial Trust (SGX: BUOU)</b></h2><p>Frasers Logistics &amp; Commercial Trust, or FLCT, owns a total of 105 properties worth S$6.5 billion as of 30 June 2022.</p><p>Its portfolio is spread out across Singapore, Australia, the Netherlands, Germany and the UK and enjoys a high occupancy rate of 96.5%.</p><p>The industrial and commercial REIT clinched the silver award for best IR in the “REITs and Business Trusts” category.</p><p>FLCT has grown its asset base more than four-fold from S$1.6 billion in 2016 to the current S$6.5 billion.</p><p>The REIT’s aggregate leverage stood at 29.2% with a low cost of borrowing at 1.6%, opening the REIT up for more accretive acquisitions by tapping on its borrowings.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Blue Chip Winners in Singapore Corporate Awards</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\">\n5 Blue Chip Winners in Singapore Corporate Awards\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 13:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/5-blue-chip-winners-in-singapore-corporate-awards/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is Singapore’s Oscar night, but for corporations.The Singapore Corporate Awards (SCA) is similar to the Oscars in that it recognises and promotes excellence in corporate governance among listed ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-blue-chip-winners-in-singapore-corporate-awards/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BUOU.SI":"星狮物流工业信托","Z74.SI":"新电信","9CI.SI":"凯德投资","U11.SI":"大华银行","D05.SI":"星展集团控股"},"source_url":"https://thesmartinvestor.com.sg/5-blue-chip-winners-in-singapore-corporate-awards/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101386534","content_text":"It is Singapore’s Oscar night, but for corporations.The Singapore Corporate Awards (SCA) is similar to the Oscars in that it recognises and promotes excellence in corporate governance among listed companies.Launched back in September 2005, SCA is now into its 17thconsecutive year and hands out awards to deserving companies in seven areas.They are – best managed board, best CEO, best CFO, best investor relations (IR), best annual report and best risk management.We feature fiveblue-chip companiesthat clinched awards in the most recent SCA ceremony.DBS Group (SGX: D05)DBS is Singapore’s largest bank and the lender bagged a total of three awards at the SCA.The group won gold awards for best managed board and best risk management, and a silver award for best annual report.The bank has no doubt done an excellent job in steering its way through the turbulence faced in the last two years.For fiscal 2021 (FY2021), DBSchalked upa record S$6.8 billion in net profit as it wrote back allowances and generated higher fee income.The strong performance has carried on into the first half of 2022 (1H2022) with the bankreportingits second-highest quarterly profit on record.DBS’ annual report, which can be foundhere, provides detailed financial highlights along with a section on sustainability and creating social good.United Overseas Bank Ltd (SGX: U11)Not to be outdone, United Overseas Bank Ltd, or UOB, has also clinched three awards in the SCA.Despite being the smallest of Singapore’s Big Three banks, UOB still managed to rake up a net profit of S$2 billion for its1H2022 earnings.UOB’s CEO, Wee Ee Cheong, snagged the best CEO award and the bank also bagged the gold award for best risk management.In addition, the lender also cliched a silver award for best IR.UOB has consistently kept its shareholders updated on all its corporate announcements and business development activities.The bank releases a presentation periodically showing investors its progress on digitalisation, the market potential for its franchise to expand, and also provides a detailed macroeconomic outlook.UOB even periodically releases a mandarin version of its presentation for its customers who are more familiar with the language.Singtel (SGX: Z74)Singtel is Singapore’s largest telco and the group won a silver award for best IR and a bronze award for best annual report.The telco has provided detailed updates on thestrategic reviewthat was announced in May last year.Subsequently, itsannual reportthat year provided useful details on how it planned to realign the business and set it on a growth path again.These efforts have paid off – Singtel’s most recentbusiness updatesaw the telco report a higher underlying net profit with the group also hinting that dividends may be raised.There could be more good news to come as Singtel’s recentInvestor Dayhighlighted several growth initiatives that could benefit the telco in the months to come.CapitaLand Investment Limited (SGX: 9CI)CapitaLand Investment Limited, or CLI, is a global real estate investment manager with S$125 billion of real estate assets under management and S$86 billion of real estate funds under management as of 30 June 2022.Not only did CLI clinch the “Best CFO” award for group CFO Andrew Lim, but threeREITsthat it manages also walked away with awards.Ascott Residence Trust(SGX: HMN) won a gold award for best IR, CapitaLand Integrated Commercial Trust(SGX: C38U) clinched the gold award for best annual report, and Ascendas REIT(SGX: A17U) won a silver award for best annual report.Frasers Logistics & Commercial Trust (SGX: BUOU)Frasers Logistics & Commercial Trust, or FLCT, owns a total of 105 properties worth S$6.5 billion as of 30 June 2022.Its portfolio is spread out across Singapore, Australia, the Netherlands, Germany and the UK and enjoys a high occupancy rate of 96.5%.The industrial and commercial REIT clinched the silver award for best IR in the “REITs and Business Trusts” category.FLCT has grown its asset base more than four-fold from S$1.6 billion in 2016 to the current S$6.5 billion.The REIT’s aggregate leverage stood at 29.2% with a low cost of borrowing at 1.6%, opening the REIT up for more accretive acquisitions by tapping on its borrowings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120764862,"gmtCreate":1624338223056,"gmtModify":1703833900075,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120764862","repostId":"1184835150","repostType":4,"repost":{"id":"1184835150","pubTimestamp":1624331221,"share":"https://www.laohu8.com/m/news/1184835150?lang=&edition=full","pubTime":"2021-06-22 11:07","market":"fut","language":"en","title":"Brent Oil Edges Above $75 as Investors Assess Tightening Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1184835150","media":"Bloomberg","summary":"Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tighten","content":"<p>Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.</p>\n<p>Futures in London edged above that mark in early Asian trading after rising 1.9% in the previous session, the most in four weeks. The market continues to firm in a bullish structure, with one timespread for West Texas Intermediate expanding to thewidestbackwardation in seven years. Genscape Inc. reported stockpiles at the key American storage hub of Cushing fell again last week from the lowest level since March 2020, according to people familiar.</p>\n<p><img src=\"https://static.tigerbbs.com/a18ab840ab7ec2290e6d5470cb1883fc\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Brent oil has rallied more than 40% this year as a strong rebound from the pandemic in the U.S., China and Europe underpins increasing fuel consumption, although a virus comeback in parts of Asia is a reminder that the recovery will be uneven. The global crude benchmark may even advance to$100 a barrelnext year as travel demand rebounds, according to Bank of America Corp.</p>\n<p>“Demand optimism is now well established and a tightening of the market is very much in the spotlight,” said Vandana Hari, the founder of Vanda Insights. “If there is a pause in this rally, it will likely come from the supply side.”</p>\n<p>One bit of bearish news amid all the optimism is China’scrackdownon the nation’s private refiners. Asecond batchof 2021 crude import quotas allocated to the independents was about 35% less than last year, which will crimp flows into a sector that accounts for around a quarter of Chinese processing capacity.</p>\n<table>\n <tbody>\n  <tr>\n   <th>PRICES</th>\n  </tr>\n  <tr>\n   <td>\n    <ul>\n     <li>Brent for August settlement rose as much as 0.3% to $75.15 on the ICE Futures Europe exchange, the highest intraday level since April 2019, before easing to $75.09 at 9:50 a.m. in Singapore.</li>\n     <li>The prompt timespread for Brent was 86 cents in backwardation, compared with 57 cents at the start of last week.</li>\n     <li>WTI for July delivery, which expires Tuesday, gained 0.1% to $73.75 a barrel on the New York Mercantile Exchange.</li>\n    </ul></td>\n  </tr>\n </tbody>\n</table>\n<p>The premium traders are placing on WTI for September delivery over October contracts touched $1.12 a barrel on Monday. Before this, the gap between the third- and fourth-closest contracts had only traded above $1 over two periods in the past 13 years -- in 2008 and from mid-2013 to mid-2014.</p>\n<p>U.S. crude stockpiles, meanwhile, dropped by 3.5 million barrels last week, according to the median estimate in a Bloomberg survey. If confirmed by government data on Wednesday, it would be a fifth weekly decline.</p>\n<p>The increasingly bullish outlook for oil is adding pressure on the OPEC+ alliance led by Saudi Arabia and Russia, which meets next week to consider reviving more of the production it curbed during the pandemic.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Brent Oil Edges Above $75 as Investors Assess Tightening Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBrent Oil Edges Above $75 as Investors Assess Tightening Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 11:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.\nFutures in London edged above that mark in early Asian trading after rising 1.9% in the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184835150","content_text":"Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.\nFutures in London edged above that mark in early Asian trading after rising 1.9% in the previous session, the most in four weeks. The market continues to firm in a bullish structure, with one timespread for West Texas Intermediate expanding to thewidestbackwardation in seven years. Genscape Inc. reported stockpiles at the key American storage hub of Cushing fell again last week from the lowest level since March 2020, according to people familiar.\n\nBrent oil has rallied more than 40% this year as a strong rebound from the pandemic in the U.S., China and Europe underpins increasing fuel consumption, although a virus comeback in parts of Asia is a reminder that the recovery will be uneven. The global crude benchmark may even advance to$100 a barrelnext year as travel demand rebounds, according to Bank of America Corp.\n“Demand optimism is now well established and a tightening of the market is very much in the spotlight,” said Vandana Hari, the founder of Vanda Insights. “If there is a pause in this rally, it will likely come from the supply side.”\nOne bit of bearish news amid all the optimism is China’scrackdownon the nation’s private refiners. Asecond batchof 2021 crude import quotas allocated to the independents was about 35% less than last year, which will crimp flows into a sector that accounts for around a quarter of Chinese processing capacity.\n\n\n\nPRICES\n\n\n\n\nBrent for August settlement rose as much as 0.3% to $75.15 on the ICE Futures Europe exchange, the highest intraday level since April 2019, before easing to $75.09 at 9:50 a.m. in Singapore.\nThe prompt timespread for Brent was 86 cents in backwardation, compared with 57 cents at the start of last week.\nWTI for July delivery, which expires Tuesday, gained 0.1% to $73.75 a barrel on the New York Mercantile Exchange.\n\n\n\n\nThe premium traders are placing on WTI for September delivery over October contracts touched $1.12 a barrel on Monday. Before this, the gap between the third- and fourth-closest contracts had only traded above $1 over two periods in the past 13 years -- in 2008 and from mid-2013 to mid-2014.\nU.S. crude stockpiles, meanwhile, dropped by 3.5 million barrels last week, according to the median estimate in a Bloomberg survey. If confirmed by government data on Wednesday, it would be a fifth weekly decline.\nThe increasingly bullish outlook for oil is adding pressure on the OPEC+ alliance led by Saudi Arabia and Russia, which meets next week to consider reviving more of the production it curbed during the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917880931,"gmtCreate":1665472023723,"gmtModify":1676537612553,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Love","listText":"Love","text":"Love","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917880931","repostId":"1153750551","repostType":2,"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150919079,"gmtCreate":1624881410691,"gmtModify":1703846894774,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150919079","repostId":"2146007118","repostType":4,"repost":{"id":"2146007118","pubTimestamp":1624826996,"share":"https://www.laohu8.com/m/news/2146007118?lang=&edition=full","pubTime":"2021-06-28 04:49","market":"us","language":"en","title":"June jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2146007118","media":"Yahoo Finance","summary":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.However, a confluence of ","content":"<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.</p>\n<p>On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.</p>\n<p>Non-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.</p>\n<p>\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"</p>\n<p>Even with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.</p>\n<p>But both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b881fe96eccc72cff61bf35b0dfa72fa\" tg-width=\"5210\" tg-height=\"3404\" referrerpolicy=\"no-referrer\"><span>SAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</span></p>\n<p>\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"</p>\n<p>However, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.</p>\n<p>\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"</p>\n<p>\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"</p>\n<h2>Consumer confidence</h2>\n<h2></h2>\n<p>Another closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.</p>\n<p>The headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.</p>\n<p>Like investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.</p>\n<p>Not only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.</p>\n<p>\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"</p>\n<p>Still, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.</p>\n<h2>Economic Calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&amp;P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)</p></li>\n</ul>\n<h2>Earnings Calendar</h2>\n<ul>\n <li><p><b>Monday:</b> N/A</p></li>\n <li><p><b>Tuesday: </b>N/A</p></li>\n <li><p><b>Wednesday: </b>Constellation Brands (STZ), Bed Bath &amp; Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close</p></li>\n <li><p><b>Thursday: </b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) before market open</p></li>\n <li><p><b>Friday:</b> N/A</p></li>\n</ul>","source":"yahoofinance_au","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>June jobs report, Consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJune jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 04:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146007118","content_text":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.\nOn Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.\nNon-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.\n\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"\nEven with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.\nBut both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.\nSAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\n\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"\nHowever, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.\n\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"\n\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"\nConsumer confidence\n\nAnother closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.\nThe headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.\nLike investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.\nNot only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.\n\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"\nStill, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.\nEconomic Calendar\n\nMonday: Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)\nTuesday: FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&P CoreLogic Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)\nWednesday: MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);\nThursday: Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); Markit US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)\nFriday: Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)\n\nEarnings Calendar\n\nMonday: N/A\nTuesday: N/A\nWednesday: Constellation Brands (STZ), Bed Bath & Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close\nThursday: Walgreens Boots Alliance (WBA) before market open\nFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927423931,"gmtCreate":1672566052423,"gmtModify":1676538705945,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great move. Time to load","listText":"Great move. Time to load","text":"Great move. Time to load","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927423931","repostId":"1192361274","repostType":4,"repost":{"id":"1192361274","pubTimestamp":1672537784,"share":"https://www.laohu8.com/m/news/1192361274?lang=&edition=full","pubTime":"2023-01-01 09:49","market":"us","language":"en","title":"Elon Musk Becomes First Person Ever to Lose $200 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1192361274","media":"Bloomberg","summary":"Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breachin","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/09d49d6f7c039ed735e53fb31c85f212\" tg-width=\"1000\" tg-height=\"695\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months afterJeff Bezos.</p><p>The Tesla Inc. chief executive officer has now achieved a first of his own: becoming the only person in history to erase $200 billion from their net worth.</p><p>Musk, 51, has seen his wealth plummet to $137 billion after Tesla shares tumbled in recent weeks, including an 11% drop on Tuesday, according to theBloomberg Billionaires Index. His fortune peaked at $340 billion on Nov. 4, 2021, and he remained the world’s richest person until he wasovertakenthis month by Bernard Arnault, the French tycoon behind luxury-goods powerhouse LVMH.</p><p>The round-number milestone reflects just how high Musk soared during the run-up in asset prices during the easy-money pandemic era. Tesla exceeded a$1 trillion market capitalizationfor the first time in October 2021, joining the likes of ubiquitous technology companies Apple Inc., Microsoft Corp., Amazon.com Inc. and Google parent Alphabet Inc., even though its electric vehicles represented only a sliver of the overall auto market.</p><p><img src=\"https://static.tigerbbs.com/66feb146a45dd9795f6c2a82ec5ac78f\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Elon MuskPhotographer: Samuel Corum/Bloomberg</p><p>Now Tesla’s dominance in electric cars, the foundation of its lofty valuation, is in jeopardy as competitors catch up. It’s offering US consumers a rare $7,500 discountto take delivery of its two highest-volume models before year-end, while also reportedlyreducing productionat its Shanghai plant.</p><p>Meanwhile, with pressure on Tesla intensifying, Musk has been preoccupied with Twitter, which he acquired for $44 billion in late October. He’s applied a move-fast-and-break-things approach such as firing staff then asking them tocome back and applying content policies haphazardly to justifybanning the accountsof some prominent journalists who cover him.</p><p>The decline in Tesla shares has been so steep — the shares fell 65% in 2022 — and Musk hassold so muchthis year to help cover his Twitter purchase, that they’re no longer his biggest asset, according to Bloomberg’s wealth index. Musk’s stake in his closely held Space Exploration Technologies Corp., at $44.8 billion, exceeds his approximately $44 billion position in Tesla stock (he still has options worth an estimated $27.8 billion). Musk now owns 42.2% of SpaceX, according to a recent filing.</p><p>Musk, for his part, has dismissed concerns about Tesla and has repeatedly taken to Twitter to criticize the Federal Reserve for raising interest rates at the fastest pace in a generation.</p><p>“Tesla is executing better than ever!” Musktweeted on Dec. 16. “We don’t control the Federal Reserve. That is the real problem here.”</p><p>The billionaire, who has previously borrowed extensively against his stake in Tesla, has though also recently warned against the dangers of borrowed money in panicky markets.</p><p>“I would really advise people not to have margin debt in a volatile stock market and you know, from a cash standpoint, keep powder dry,” Musk said in the <i>All-In</i> podcast released this month. “You can get some pretty extreme things happening in a down market.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Becomes First Person Ever to Lose $200 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Becomes First Person Ever to Lose $200 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-01 09:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-30/elon-musk-becomes-first-person-ever-to-lose-200-billion?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months afterJeff Bezos.The Tesla Inc. chief executive officer has ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-30/elon-musk-becomes-first-person-ever-to-lose-200-billion?srnd=premium\">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.bloomberg.com/news/articles/2022-12-30/elon-musk-becomes-first-person-ever-to-lose-200-billion?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192361274","content_text":"Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months afterJeff Bezos.The Tesla Inc. chief executive officer has now achieved a first of his own: becoming the only person in history to erase $200 billion from their net worth.Musk, 51, has seen his wealth plummet to $137 billion after Tesla shares tumbled in recent weeks, including an 11% drop on Tuesday, according to theBloomberg Billionaires Index. His fortune peaked at $340 billion on Nov. 4, 2021, and he remained the world’s richest person until he wasovertakenthis month by Bernard Arnault, the French tycoon behind luxury-goods powerhouse LVMH.The round-number milestone reflects just how high Musk soared during the run-up in asset prices during the easy-money pandemic era. Tesla exceeded a$1 trillion market capitalizationfor the first time in October 2021, joining the likes of ubiquitous technology companies Apple Inc., Microsoft Corp., Amazon.com Inc. and Google parent Alphabet Inc., even though its electric vehicles represented only a sliver of the overall auto market.Elon MuskPhotographer: Samuel Corum/BloombergNow Tesla’s dominance in electric cars, the foundation of its lofty valuation, is in jeopardy as competitors catch up. It’s offering US consumers a rare $7,500 discountto take delivery of its two highest-volume models before year-end, while also reportedlyreducing productionat its Shanghai plant.Meanwhile, with pressure on Tesla intensifying, Musk has been preoccupied with Twitter, which he acquired for $44 billion in late October. He’s applied a move-fast-and-break-things approach such as firing staff then asking them tocome back and applying content policies haphazardly to justifybanning the accountsof some prominent journalists who cover him.The decline in Tesla shares has been so steep — the shares fell 65% in 2022 — and Musk hassold so muchthis year to help cover his Twitter purchase, that they’re no longer his biggest asset, according to Bloomberg’s wealth index. Musk’s stake in his closely held Space Exploration Technologies Corp., at $44.8 billion, exceeds his approximately $44 billion position in Tesla stock (he still has options worth an estimated $27.8 billion). Musk now owns 42.2% of SpaceX, according to a recent filing.Musk, for his part, has dismissed concerns about Tesla and has repeatedly taken to Twitter to criticize the Federal Reserve for raising interest rates at the fastest pace in a generation.“Tesla is executing better than ever!” Musktweeted on Dec. 16. “We don’t control the Federal Reserve. That is the real problem here.”The billionaire, who has previously borrowed extensively against his stake in Tesla, has though also recently warned against the dangers of borrowed money in panicky markets.“I would really advise people not to have margin debt in a volatile stock market and you know, from a cash standpoint, keep powder dry,” Musk said in the All-In podcast released this month. “You can get some pretty extreme things happening in a down market.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982450009,"gmtCreate":1667238170802,"gmtModify":1676537882748,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Should be the way","listText":"Should be the way","text":"Should be the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9982450009","repostId":"1111108157","repostType":2,"repost":{"id":"1111108157","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":1667227145,"share":"https://www.laohu8.com/m/news/1111108157?lang=&edition=full","pubTime":"2022-10-31 22:39","market":"us","language":"en","title":"Elon Musk Reached Out to EU Industry Chief to Pledge Content Policing Compliance","url":"https://stock-news.laohu8.com/highlight/detail?id=1111108157","media":"Reuters","summary":"(Reuters) - Elon Musk has assured the European Commission that Twitter will abide by tough European ","content":"<html><head></head><body><p>(Reuters) - Elon Musk has assured the European Commission that Twitter will abide by tough European rules on illegal online content policing now that the social network has passed under his ownership, European Union sources said on Monday.</p><p>In a previously unreported exchange last week, Musk told Thierry Breton, the EU&#39;s industry chief, that he planned to comply with the region&#39;s Digital Services Act, which levies hefty fines on companies if they do not control illegal content.</p><p>The self-described free speech absolutist agreed to hold a meeting with Breton, a former French finance minister, in the coming weeks, two EU officials familiar with the discussions told Reuters.</p><p>The exchange came after Breton took to Twitter to warn Musk about the new European legislation on Friday.</p><p>&#34;In Europe, the bird will fly by our EU rules,&#34; Breton tweeted on Friday.</p><p>EU lawmakers approved the landmark rules to rein in tech giants over the summer, which will require online platforms to do more to police the internet for illegal content, with big platforms required to have more moderators than small ones.</p><p>Companies will face fines of up to 6% of annual global turnover for breaches of Digital Services Act.</p><p>The assurances from Musk appeared to suggest a pragmatic attitude from the CEO of electric car maker Tesla Inc (TSLA.O), who has previously expressed his desire to see Twitter with fewer limits on content.</p><p>Musk has so far offered little details on how he will run the company after his $44 billion buyout.</p><p>He has said he plans to cut jobs, leaving Twitter&#39;s 7,500 employees fretting about their future. He also said on Thursday he did not buy Twitter to make more money but &#34;to try to help humanity, whom I love.&#34;</p><p>Breton and Musk had met in May, and the two had signalled at the time agreement on complying with EU regulation.</p><p>In a video posted on Twitter by Breton after their May meeting, the EU official says he explained the Digital Services Act to Musk. &#34;It fits pretty well with what you think we should do,&#34; Breton said. &#34;I think it&#39;s exactly aligned with my thinking,&#34; Musk responded in the May video.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Reached Out to EU Industry Chief to Pledge Content Policing Compliance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Reached Out to EU Industry Chief to Pledge Content Policing Compliance\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\">2022-10-31 22:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Elon Musk has assured the European Commission that Twitter will abide by tough European rules on illegal online content policing now that the social network has passed under his ownership, European Union sources said on Monday.</p><p>In a previously unreported exchange last week, Musk told Thierry Breton, the EU&#39;s industry chief, that he planned to comply with the region&#39;s Digital Services Act, which levies hefty fines on companies if they do not control illegal content.</p><p>The self-described free speech absolutist agreed to hold a meeting with Breton, a former French finance minister, in the coming weeks, two EU officials familiar with the discussions told Reuters.</p><p>The exchange came after Breton took to Twitter to warn Musk about the new European legislation on Friday.</p><p>&#34;In Europe, the bird will fly by our EU rules,&#34; Breton tweeted on Friday.</p><p>EU lawmakers approved the landmark rules to rein in tech giants over the summer, which will require online platforms to do more to police the internet for illegal content, with big platforms required to have more moderators than small ones.</p><p>Companies will face fines of up to 6% of annual global turnover for breaches of Digital Services Act.</p><p>The assurances from Musk appeared to suggest a pragmatic attitude from the CEO of electric car maker Tesla Inc (TSLA.O), who has previously expressed his desire to see Twitter with fewer limits on content.</p><p>Musk has so far offered little details on how he will run the company after his $44 billion buyout.</p><p>He has said he plans to cut jobs, leaving Twitter&#39;s 7,500 employees fretting about their future. He also said on Thursday he did not buy Twitter to make more money but &#34;to try to help humanity, whom I love.&#34;</p><p>Breton and Musk had met in May, and the two had signalled at the time agreement on complying with EU regulation.</p><p>In a video posted on Twitter by Breton after their May meeting, the EU official says he explained the Digital Services Act to Musk. &#34;It fits pretty well with what you think we should do,&#34; Breton said. &#34;I think it&#39;s exactly aligned with my thinking,&#34; Musk responded in the May video.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111108157","content_text":"(Reuters) - Elon Musk has assured the European Commission that Twitter will abide by tough European rules on illegal online content policing now that the social network has passed under his ownership, European Union sources said on Monday.In a previously unreported exchange last week, Musk told Thierry Breton, the EU's industry chief, that he planned to comply with the region's Digital Services Act, which levies hefty fines on companies if they do not control illegal content.The self-described free speech absolutist agreed to hold a meeting with Breton, a former French finance minister, in the coming weeks, two EU officials familiar with the discussions told Reuters.The exchange came after Breton took to Twitter to warn Musk about the new European legislation on Friday.\"In Europe, the bird will fly by our EU rules,\" Breton tweeted on Friday.EU lawmakers approved the landmark rules to rein in tech giants over the summer, which will require online platforms to do more to police the internet for illegal content, with big platforms required to have more moderators than small ones.Companies will face fines of up to 6% of annual global turnover for breaches of Digital Services Act.The assurances from Musk appeared to suggest a pragmatic attitude from the CEO of electric car maker Tesla Inc (TSLA.O), who has previously expressed his desire to see Twitter with fewer limits on content.Musk has so far offered little details on how he will run the company after his $44 billion buyout.He has said he plans to cut jobs, leaving Twitter's 7,500 employees fretting about their future. He also said on Thursday he did not buy Twitter to make more money but \"to try to help humanity, whom I love.\"Breton and Musk had met in May, and the two had signalled at the time agreement on complying with EU regulation.In a video posted on Twitter by Breton after their May meeting, the EU official says he explained the Digital Services Act to Musk. \"It fits pretty well with what you think we should do,\" Breton said. \"I think it's exactly aligned with my thinking,\" Musk responded in the May video.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994119361,"gmtCreate":1661572979655,"gmtModify":1676536544983,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994119361","repostId":"1175815664","repostType":4,"repost":{"id":"1175815664","pubTimestamp":1661557341,"share":"https://www.laohu8.com/m/news/1175815664?lang=&edition=full","pubTime":"2022-08-27 07:42","market":"us","language":"en","title":"CEO Patrick Gelsinger Just Bought Intel Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1175815664","media":"InvestorPlace","summary":"CEO Pat Gelsinger purchased 14,800 shares of Intel.The shares were purchased at an average price of ","content":"<html><head></head><body><ul><li>CEO Pat Gelsinger purchased 14,800 shares of <a href=\"https://laohu8.com/S/INTC\">Intel</a>.</li><li>The shares were purchased at an average price of $33.86.</li><li>Shares of INTC stock are down over 35% year to date.</li></ul><p><a href=\"https://laohu8.com/S/INTC\">Intel </a> stock is in focus following a half-a-million-dollar insider purchase by CEO Patrick Gelsinger. The purchase came just one day after Intel announced a $30 billion collaboration with Brookfield Asset Management (NYSE:BAM) to expand its chip-making facilities in Arizona.</p><p>The collaboration will see Brookfield invest up to $15 billion in return for a 49% stake in the expansion project. Intel will own the remaining stake and oversee operating control of its two facilities in Arizona. Profits from the facilities will be evenly split between the two parties.</p><p>In addition, Intel finance chief David Zinsner disclosed that Intel will pay Brookfield interest between 4.4% and 8.5% for its investment. He added that the collaboration “builds on the momentum from the recent passage of the CHIPS Act in the U.S.”</p><p>With that in mind, let’s get into the details of Gelsinger’s INTC stock purchase.</p><h3>INTC Stock: CEO Pat Gelsinger Purchases 14,800 Shares</h3><p>On Aug. 24, Gelsinger purchased14,800 sharesat an average price of $33.86 per share. After the purchase, he directly owns 77,216 shares, while his trust owns 266,530 shares. The CEO’s purchase seems to be a stamp of approval for Intel’s recent investment.</p><p>In addition, Gelsinger, along with other industry officials, expects annual semiconductor sales to almost double by 2030 to over $1 trillion. Semiconductors are used in a multitude of everyday products, ranging from cell phones to vehicles.</p><p>The recently approved CHIPS Act also marks a positive catalyst for Intel. The act will provide $52.7 billion of subsidies for U.S. semiconductor research and development.</p><p>Let’s take a look at other investors betting on Intel’s success.</p><h3>Who Else Is Betting Big on Intel?</h3><p>Trackinginstitutional ownershipis important, as these large investors provide liquidity and price support for stocks. During Q2, an impressive 2,562 funds owned a stake in the chip company, down from 2,774 funds in the prior quarter. Meanwhile, the institutional put/call ratio sits at 0.97. This means that investors own about the same number of call options against the company as put options. So, who are Intel’s top five shareholders?</p><ol><li><b>Vanguard</b>: 357.8 million shares.</li><li><b>BlackRock</b>: 347.95 million shares.</li><li><b>State Street</b>: 176.15 million shares.</li><li><b>Capital International Investors</b>: 87.67 million shares.</li><li><b>Geode Capital Management</b>: 79.98 million shares.</li></ol></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>CEO Patrick Gelsinger Just Bought Intel Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCEO Patrick Gelsinger Just Bought Intel Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 07:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/08/ceo-patrick-gelsinger-just-bought-intel-intc-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CEO Pat Gelsinger purchased 14,800 shares of Intel.The shares were purchased at an average price of $33.86.Shares of INTC stock are down over 35% year to date.Intel  stock is in focus following a half...</p>\n\n<a href=\"https://investorplace.com/2022/08/ceo-patrick-gelsinger-just-bought-intel-intc-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://investorplace.com/2022/08/ceo-patrick-gelsinger-just-bought-intel-intc-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175815664","content_text":"CEO Pat Gelsinger purchased 14,800 shares of Intel.The shares were purchased at an average price of $33.86.Shares of INTC stock are down over 35% year to date.Intel  stock is in focus following a half-a-million-dollar insider purchase by CEO Patrick Gelsinger. The purchase came just one day after Intel announced a $30 billion collaboration with Brookfield Asset Management (NYSE:BAM) to expand its chip-making facilities in Arizona.The collaboration will see Brookfield invest up to $15 billion in return for a 49% stake in the expansion project. Intel will own the remaining stake and oversee operating control of its two facilities in Arizona. Profits from the facilities will be evenly split between the two parties.In addition, Intel finance chief David Zinsner disclosed that Intel will pay Brookfield interest between 4.4% and 8.5% for its investment. He added that the collaboration “builds on the momentum from the recent passage of the CHIPS Act in the U.S.”With that in mind, let’s get into the details of Gelsinger’s INTC stock purchase.INTC Stock: CEO Pat Gelsinger Purchases 14,800 SharesOn Aug. 24, Gelsinger purchased14,800 sharesat an average price of $33.86 per share. After the purchase, he directly owns 77,216 shares, while his trust owns 266,530 shares. The CEO’s purchase seems to be a stamp of approval for Intel’s recent investment.In addition, Gelsinger, along with other industry officials, expects annual semiconductor sales to almost double by 2030 to over $1 trillion. Semiconductors are used in a multitude of everyday products, ranging from cell phones to vehicles.The recently approved CHIPS Act also marks a positive catalyst for Intel. The act will provide $52.7 billion of subsidies for U.S. semiconductor research and development.Let’s take a look at other investors betting on Intel’s success.Who Else Is Betting Big on Intel?Trackinginstitutional ownershipis important, as these large investors provide liquidity and price support for stocks. During Q2, an impressive 2,562 funds owned a stake in the chip company, down from 2,774 funds in the prior quarter. Meanwhile, the institutional put/call ratio sits at 0.97. This means that investors own about the same number of call options against the company as put options. So, who are Intel’s top five shareholders?Vanguard: 357.8 million shares.BlackRock: 347.95 million shares.State Street: 176.15 million shares.Capital International Investors: 87.67 million shares.Geode Capital Management: 79.98 million shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950792006,"gmtCreate":1672831305406,"gmtModify":1676538743939,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Not good","listText":"Not good","text":"Not good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950792006","repostId":"1117185213","repostType":2,"repost":{"id":"1117185213","pubTimestamp":1672815327,"share":"https://www.laohu8.com/m/news/1117185213?lang=&edition=full","pubTime":"2023-01-04 14:55","market":"us","language":"en","title":"Google, Meta’s Dominance in Ads Fades","url":"https://stock-news.laohu8.com/highlight/detail?id=1117185213","media":"The Wall Street Journal","summary":"For the first time in nearly a decade, the two largest players in online advertising are no longer r","content":"<html><head></head><body><p>For the first time in nearly a decade, the two largest players in online advertising are no longer raking in the majority of U.S. digital-ad dollars, a decline that industry insiders expect to continue in years to come.</p><p>Alphabet Inc.’s Google and Facebook parent Meta Platforms Inc. accounted for a combined 48.4% of U.S. digital-ad spending in 2022, according to estimates from research firm Insider Intelligence Inc. Their combined U.S. market share hadn’t been under 50% since 2014, said Insider Intelligence, which expects that number to drop to 44.9% this year.</p><p>The ad businesses of Google and Meta are still growing, but Insider’s data suggest the pace is slower than the rest of the U.S. digital-advertising market. Insider forecasting analyst Zachary Goldner said the erosion of their combined market share was the result of brands having access to more advertising formats.</p><p>“All marketers want more options,” Mr. Goldner said.</p><p>Google and Meta each faced headwinds in 2022, as people spent less time online than in the early days of the pandemic; marketers concerned about a possible economic downturn reined in ad spending; Amazon AMZN 2.17%increase; green up pointing triangle.com Inc. and ByteDance Ltd.’s TikTok continued their emergence as a force in digital advertising; and more streaming services started to embrace advertising.</p><p>Meta and other social-media companies including Snap Inc. also suffered from Apple Inc.’s 2021 decision to require apps on its devices to ask users if they wanted to be tracked. The majority of iPhone users opted not to be, hitting the heart of Meta’s business: its ability to target ads at users with precision and prove to marketers that the ads generate sales.</p><p>Google wasn’t as affected by Apple’s move, because its flagship search-ad business relies on customer intent—users’ search terms immediately reveal what they are interested in—rather than data collected from app and web tracking. Its U.S. digital-advertising market share slightly rose to 28.8% in 2022, Insider Intelligence said, but is expected to fall to 26.5% this year.</p><p>Google didn’t respond to a request for comment. On the company’s most recent earnings call in October, executives talked about how search-based advertising tends to do well during challenging economic times.</p><p>Meta had no comment. In its most recent earnings call, Meta said the tracking restriction continued to affect its ad business but noted the effect had diminished.</p><p>Apple’s tracking restriction had an impact for emerging e-commerce companies, which are important to Meta’s ad business. Supergut Chief Executive Marc Washington said the maker of gut-health products used to spend about 80% of its ad budget on Meta’s Facebook and Instagram platforms, with the rest going to Google. In early 2022, he noticed that the cost of bringing in new customers through advertising on Meta’s platforms was twice as high as it was before Apple’s privacy changes. Supergut shifted about half of what it spent on Meta to TikTok, a short-form video platform popular with younger audiences.</p><p>Mr. Washington said Meta remained Supergut’s most efficient advertising platform, but said there are early indications of “TikTok ads performing as well and in some cases better than some of our Meta campaigns.”</p><p>TikTok’s command of the U.S. digital-ad market more than doubled in 2022, Insider Intelligence said, thanks to its nearly 100 million U.S. monthly active users, the virality of the platform and its hold over Gen Z, millennials and influencers. Still, its overall share remains small, accounting for 2% of U.S. digital-ad spending, according to Insider Intelligence, which expects that number to grow to 2.5% this year.</p><p>The gains came as TikTok has received increased scrutiny from Washington, D.C., over national-security concerns U.S. officials say the Chinese-owned app poses—accusations that TikTok has disputed. The company also faces competition from Google’s YouTube and Meta’s Instagram, which have launched offerings that mimic its short-form video-recommendation format.</p><p>One already large digital-advertising player that gained market share in the U.S. last year was Amazon, whose ad business is powered by its ability to target users by their purchase and browsing history. The e-commerce giant accounted for 11.7% of U.S. digital-ad spending last year and is poised to grow to 12.4% in 2023, Insider said.</p><p>“Our advertising is at the point where consumers are ready to spend,” Amazon Chief Financial Officer Brian Olsavsky said on the company’s October conference call.</p><p>Sam Bloom, chief executive of digital-ad agency Camelot Strategic Marketing and Media, said some of its clients that had withheld selling on Amazon started doing so last year, using Amazon ads to promote their products on the platform.</p><p>Other retailers have followed in Amazon’s footsteps by building digital-ad businesses based on their consumer data, known as retail media networks. Combined, Walmart Inc., eBay Inc., Etsy Inc. and Instacart took in about 1.4% of digital-ad dollars spent in the U.S. last year, according to Insider.</p><p>Edwin Fu, chief executive of Placements.io Inc., a tech company that works with digital- publishers and online retailers on billing systems for their ad inventory, described the rise of retail media networks as a “massive race to do what Amazon did.”</p><p>Streaming services also are commanding a larger slice of the digital-advertising pie. Mr. Bloom said many of its clients are shifting their spending away from traditional television and toward video platforms in an effort to reach younger viewers.</p><p>Insider said Roku Inc., Walt Disney Co.’s Hulu, Paramount Global’s Pluto TV and Paramount+, Fox Corp.’s Tubi and Comcast Corp.’s Peacock accounted for about 3.6% of U.S. digital-ad spending last year. The trend is expected to accelerate now that the streaming industry’s two-largest players, Netflix Inc. and Disney+, have launched ad-supported versions.</p><p>Vincent Létang, executive vice president of global market research at Magna, a media- investment firm that is part of Interpublic Group of Cos.‘ Mediabrands, called Netflix and Disney’s entry into the market “a game-changing moment” for ad-supported streaming. “They bring a potentially huge number of viewers,” he said, and a wealth of premium video content.</p><p>Given the emergence of new digital-advertising alternatives, Google and Meta’s declining market share is hardly surprising, said digital ad consultant Ratko Vidakovic. The surprise was actually their 2021 performance, an aberration that he said was caused by the pandemic.</p><p>U.S. digital-ad spending grew by a whopping 41% in 2021, according to media and data giant GroupM, part of WPP PLC. That growth number dipped to 10.7% last year and is expected to slip to 9.2% this year. GroupM expects overall ad spending in the U.S.—excluding political advertising—to grow by 5.5% this year.</p><p>Despite the expectations of slowing growth, digital-advertising platforms will take in an ever-larger share of ad dollars this year, GroupM said: Nearly two-thirds of total U.S. ad spending is expected to go to digital advertising in 2023, compared with less than half in 2019, the last year before the pandemic.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google, Meta’s Dominance in Ads Fades</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\">\nGoogle, Meta’s Dominance in Ads Fades\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/google-and-metas-advertising-dominance-fades-as-tiktok-netflix-emerge-11672711107?mod=hp_lead_pos13><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For the first time in nearly a decade, the two largest players in online advertising are no longer raking in the majority of U.S. digital-ad dollars, a decline that industry insiders expect to ...</p>\n\n<a href=\"https://www.wsj.com/articles/google-and-metas-advertising-dominance-fades-as-tiktok-netflix-emerge-11672711107?mod=hp_lead_pos13\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","META":"Meta Platforms","GOOGL":"谷歌A"},"source_url":"https://www.wsj.com/articles/google-and-metas-advertising-dominance-fades-as-tiktok-netflix-emerge-11672711107?mod=hp_lead_pos13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117185213","content_text":"For the first time in nearly a decade, the two largest players in online advertising are no longer raking in the majority of U.S. digital-ad dollars, a decline that industry insiders expect to continue in years to come.Alphabet Inc.’s Google and Facebook parent Meta Platforms Inc. accounted for a combined 48.4% of U.S. digital-ad spending in 2022, according to estimates from research firm Insider Intelligence Inc. Their combined U.S. market share hadn’t been under 50% since 2014, said Insider Intelligence, which expects that number to drop to 44.9% this year.The ad businesses of Google and Meta are still growing, but Insider’s data suggest the pace is slower than the rest of the U.S. digital-advertising market. Insider forecasting analyst Zachary Goldner said the erosion of their combined market share was the result of brands having access to more advertising formats.“All marketers want more options,” Mr. Goldner said.Google and Meta each faced headwinds in 2022, as people spent less time online than in the early days of the pandemic; marketers concerned about a possible economic downturn reined in ad spending; Amazon AMZN 2.17%increase; green up pointing triangle.com Inc. and ByteDance Ltd.’s TikTok continued their emergence as a force in digital advertising; and more streaming services started to embrace advertising.Meta and other social-media companies including Snap Inc. also suffered from Apple Inc.’s 2021 decision to require apps on its devices to ask users if they wanted to be tracked. The majority of iPhone users opted not to be, hitting the heart of Meta’s business: its ability to target ads at users with precision and prove to marketers that the ads generate sales.Google wasn’t as affected by Apple’s move, because its flagship search-ad business relies on customer intent—users’ search terms immediately reveal what they are interested in—rather than data collected from app and web tracking. Its U.S. digital-advertising market share slightly rose to 28.8% in 2022, Insider Intelligence said, but is expected to fall to 26.5% this year.Google didn’t respond to a request for comment. On the company’s most recent earnings call in October, executives talked about how search-based advertising tends to do well during challenging economic times.Meta had no comment. In its most recent earnings call, Meta said the tracking restriction continued to affect its ad business but noted the effect had diminished.Apple’s tracking restriction had an impact for emerging e-commerce companies, which are important to Meta’s ad business. Supergut Chief Executive Marc Washington said the maker of gut-health products used to spend about 80% of its ad budget on Meta’s Facebook and Instagram platforms, with the rest going to Google. In early 2022, he noticed that the cost of bringing in new customers through advertising on Meta’s platforms was twice as high as it was before Apple’s privacy changes. Supergut shifted about half of what it spent on Meta to TikTok, a short-form video platform popular with younger audiences.Mr. Washington said Meta remained Supergut’s most efficient advertising platform, but said there are early indications of “TikTok ads performing as well and in some cases better than some of our Meta campaigns.”TikTok’s command of the U.S. digital-ad market more than doubled in 2022, Insider Intelligence said, thanks to its nearly 100 million U.S. monthly active users, the virality of the platform and its hold over Gen Z, millennials and influencers. Still, its overall share remains small, accounting for 2% of U.S. digital-ad spending, according to Insider Intelligence, which expects that number to grow to 2.5% this year.The gains came as TikTok has received increased scrutiny from Washington, D.C., over national-security concerns U.S. officials say the Chinese-owned app poses—accusations that TikTok has disputed. The company also faces competition from Google’s YouTube and Meta’s Instagram, which have launched offerings that mimic its short-form video-recommendation format.One already large digital-advertising player that gained market share in the U.S. last year was Amazon, whose ad business is powered by its ability to target users by their purchase and browsing history. The e-commerce giant accounted for 11.7% of U.S. digital-ad spending last year and is poised to grow to 12.4% in 2023, Insider said.“Our advertising is at the point where consumers are ready to spend,” Amazon Chief Financial Officer Brian Olsavsky said on the company’s October conference call.Sam Bloom, chief executive of digital-ad agency Camelot Strategic Marketing and Media, said some of its clients that had withheld selling on Amazon started doing so last year, using Amazon ads to promote their products on the platform.Other retailers have followed in Amazon’s footsteps by building digital-ad businesses based on their consumer data, known as retail media networks. Combined, Walmart Inc., eBay Inc., Etsy Inc. and Instacart took in about 1.4% of digital-ad dollars spent in the U.S. last year, according to Insider.Edwin Fu, chief executive of Placements.io Inc., a tech company that works with digital- publishers and online retailers on billing systems for their ad inventory, described the rise of retail media networks as a “massive race to do what Amazon did.”Streaming services also are commanding a larger slice of the digital-advertising pie. Mr. Bloom said many of its clients are shifting their spending away from traditional television and toward video platforms in an effort to reach younger viewers.Insider said Roku Inc., Walt Disney Co.’s Hulu, Paramount Global’s Pluto TV and Paramount+, Fox Corp.’s Tubi and Comcast Corp.’s Peacock accounted for about 3.6% of U.S. digital-ad spending last year. The trend is expected to accelerate now that the streaming industry’s two-largest players, Netflix Inc. and Disney+, have launched ad-supported versions.Vincent Létang, executive vice president of global market research at Magna, a media- investment firm that is part of Interpublic Group of Cos.‘ Mediabrands, called Netflix and Disney’s entry into the market “a game-changing moment” for ad-supported streaming. “They bring a potentially huge number of viewers,” he said, and a wealth of premium video content.Given the emergence of new digital-advertising alternatives, Google and Meta’s declining market share is hardly surprising, said digital ad consultant Ratko Vidakovic. The surprise was actually their 2021 performance, an aberration that he said was caused by the pandemic.U.S. digital-ad spending grew by a whopping 41% in 2021, according to media and data giant GroupM, part of WPP PLC. That growth number dipped to 10.7% last year and is expected to slip to 9.2% this year. GroupM expects overall ad spending in the U.S.—excluding political advertising—to grow by 5.5% this year.Despite the expectations of slowing growth, digital-advertising platforms will take in an ever-larger share of ad dollars this year, GroupM said: Nearly two-thirds of total U.S. ad spending is expected to go to digital advertising in 2023, compared with less than half in 2019, the last year before the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994134475,"gmtCreate":1661572639399,"gmtModify":1676536544920,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Right&nbsp;","listText":"Right&nbsp;","text":"Right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994134475","repostId":"2262901563","repostType":4,"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169081902,"gmtCreate":1623809086206,"gmtModify":1703820117243,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169081902","repostId":"1144333499","repostType":4,"repost":{"id":"1144333499","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":1623806562,"share":"https://www.laohu8.com/m/news/1144333499?lang=&edition=full","pubTime":"2021-06-16 09:22","market":"us","language":"en","title":"Angelalign Technology spikes 131% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1144333499","media":"Tiger Newspress","summary":"Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong de","content":"<p>Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.<img src=\"https://static.tigerbbs.com/18ea5712cc84ecd364dd1a11f6cfce82\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.</p>\n<p>Angelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.</p>\n<p>Mom-and-pop buyers put in orders for&nbsp;2,079 times&nbsp;the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.</p>\n<p>Hong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.</p>\n<p>Just eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Angelalign Technology spikes 131% on its first day of trading</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\">\nAngelalign Technology spikes 131% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-16 09:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.<img src=\"https://static.tigerbbs.com/18ea5712cc84ecd364dd1a11f6cfce82\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.</p>\n<p>Angelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.</p>\n<p>Mom-and-pop buyers put in orders for&nbsp;2,079 times&nbsp;the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.</p>\n<p>Hong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.</p>\n<p>Just eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06699":"时代天使"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144333499","content_text":"Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.\nAngelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.\nMom-and-pop buyers put in orders for 2,079 times the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.\nHong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.\nJust eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189295430213640,"gmtCreate":1687240225266,"gmtModify":1687240229128,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Light up your investing everyone!","listText":"Light up your investing everyone!","text":"Light up your investing everyone!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189295430213640","isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184924284379168,"gmtCreate":1686186805741,"gmtModify":1686186809215,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great event","listText":"Great event","text":"Great event","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184924284379168","repostId":"9970552986","repostType":1,"repost":{"id":9970552986,"gmtCreate":1684749089245,"gmtModify":1686052573124,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Light up your investing with Tiger, play and win prizes worth up to USD 999","htmlText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","listText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","text":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&Cs apply.👉 Click here to start play","images":[{"img":"https://community-static.tradeup.com/news/0b6e3d13593eac0f4cc3fdb8b6bf8056","width":"1200","height":"675"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970552986","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917408844,"gmtCreate":1665552152288,"gmtModify":1676537626327,"author":{"id":"3550529948801840","authorId":"3550529948801840","name":"JKZP","avatar":"https://static.tigerbbs.com/9d8e2b18a0889327e7c8463f9d83a512","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Proud owner of class b","listText":"Proud owner of class b","text":"Proud owner of class b","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917408844","repostId":"2274576336","repostType":2,"repost":{"id":"2274576336","pubTimestamp":1665538743,"share":"https://www.laohu8.com/m/news/2274576336?lang=&edition=full","pubTime":"2022-10-12 09:39","market":"us","language":"en","title":"Does It Matter What Share Class of Berkshire Hathaway Stock You Buy? Maybe","url":"https://stock-news.laohu8.com/highlight/detail?id=2274576336","media":"Motley Fool","summary":"Investors can decide to purchase Class A or Class B shares of Berkshire. But which has better performance?","content":"<html><head></head><body><p>If you follow Warren Buffett and his conglomerate <b>Berkshire Hathaway</b>, then what I&#39;m about to tell you is probably obvious. But if you are new to this stock, it may surprise you to learn that there are two different types of Berkshire Hathaway stock: Class A and Class B.</p><p>Class A shares refer to the original Berkshire stock, which has been publicly traded since 1965 and is much more expensive than Class B shares. Berkshire issued Class B shares in 1996 to make Berkshire&#39;s stock more accessible to smaller investors.</p><p>Both classes of shares attract different shareholders for different reasons. But these days you can purchase either, given the power of technology and how it has made purchasing fractional shares much easier. Does it matter which Berkshire shares you purchase? Let&#39;s take a look.</p><h2>Class A versus class B</h2><p>Class A shares widely outperformed the broader market between 1965 and 2021, generating a compound annual gain of 20.1% over that time compared to a compound annual gain of 10.5% for the <b>S&amp;P 500</b> (including dividends), which is a broader benchmark for the market.</p><p>With such a long history of extraordinary performance, Class A shares now trade at more than $403,000 each. Meanwhile, Class B shares currently trade at roughly $266. Back in the day, it was a lot harder to get and trade fractional shares, which is why Buffett and Berkshire saw more of a need.</p><p>One big difference between the two classes of shares today is that Class A shares have much more voting power. Class B shares only carry 1/10,000th of the voting rights of Class A.</p><p>Furthermore, Buffett declared that Class A shareholders will never have to go through any kind of stock split. Meanwhile, Class B shareholders can endure stock splits and did a 50-for-1 stock split in 2010 to make the shares even cheaper. Another difference is that Class A shareholders can convert their shares into an equivalent amount of Class B shares. However, Class B shareholders cannot do the same and would need to sell their shares and then purchase Class A.</p><p>In terms of performance, let&#39;s go back to the introduction of Class B shares on May 6, 1996, and see how they stack up to Class A since that time. The calculation for Class A is fairly straightforward because there was no stock split and Class A shares made total gains of 1,090% since 1996.</p><p>Class B shares of Berkshire opened at about $1,020 per share and rose to about $3,353 prior to the stock split, which dropped shares to about $70.</p><p>But after accounting for the stock split and with shares at $266 now, Class B shares made total gains of about 1,050%, slightly underperforming Class A shares.</p><h2>Does it matter which class you own?</h2><p>While Class A shares outperformed, I do not see a huge difference in which class you decide to invest in -- remember, you are investing in the same company with the same business model and fundamentals.</p><p>Deciding between the two depends more on who you are as an investor and what you are looking for. Smaller investors who may be more passive or newer to investing will likely opt for the Class B shares, as it will generally make buying and selling the stock easier.</p><p>Shareholders who follow Berkshire&#39;s every move a bit more closely might be more interested in purchasing Class A shares for the enhanced voting power, as well as the visibility of knowing there will never be a stock split. Either way, I don&#39;t really think you can go wrong when investing in as strong a company as Berkshire Hathaway.</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>Does It Matter What Share Class of Berkshire Hathaway Stock You Buy? Maybe</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\">\nDoes It Matter What Share Class of Berkshire Hathaway Stock You Buy? Maybe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-12 09:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/11/does-it-matter-share-class-berkshire-hathaway/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you follow Warren Buffett and his conglomerate Berkshire Hathaway, then what I'm about to tell you is probably obvious. But if you are new to this stock, it may surprise you to learn that there are...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/11/does-it-matter-share-class-berkshire-hathaway/\">Web Link</a>\n\n</div>\n\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":"https://www.fool.com/investing/2022/10/11/does-it-matter-share-class-berkshire-hathaway/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274576336","content_text":"If you follow Warren Buffett and his conglomerate Berkshire Hathaway, then what I'm about to tell you is probably obvious. But if you are new to this stock, it may surprise you to learn that there are two different types of Berkshire Hathaway stock: Class A and Class B.Class A shares refer to the original Berkshire stock, which has been publicly traded since 1965 and is much more expensive than Class B shares. Berkshire issued Class B shares in 1996 to make Berkshire's stock more accessible to smaller investors.Both classes of shares attract different shareholders for different reasons. But these days you can purchase either, given the power of technology and how it has made purchasing fractional shares much easier. Does it matter which Berkshire shares you purchase? Let's take a look.Class A versus class BClass A shares widely outperformed the broader market between 1965 and 2021, generating a compound annual gain of 20.1% over that time compared to a compound annual gain of 10.5% for the S&P 500 (including dividends), which is a broader benchmark for the market.With such a long history of extraordinary performance, Class A shares now trade at more than $403,000 each. Meanwhile, Class B shares currently trade at roughly $266. Back in the day, it was a lot harder to get and trade fractional shares, which is why Buffett and Berkshire saw more of a need.One big difference between the two classes of shares today is that Class A shares have much more voting power. Class B shares only carry 1/10,000th of the voting rights of Class A.Furthermore, Buffett declared that Class A shareholders will never have to go through any kind of stock split. Meanwhile, Class B shareholders can endure stock splits and did a 50-for-1 stock split in 2010 to make the shares even cheaper. Another difference is that Class A shareholders can convert their shares into an equivalent amount of Class B shares. However, Class B shareholders cannot do the same and would need to sell their shares and then purchase Class A.In terms of performance, let's go back to the introduction of Class B shares on May 6, 1996, and see how they stack up to Class A since that time. The calculation for Class A is fairly straightforward because there was no stock split and Class A shares made total gains of 1,090% since 1996.Class B shares of Berkshire opened at about $1,020 per share and rose to about $3,353 prior to the stock split, which dropped shares to about $70.But after accounting for the stock split and with shares at $266 now, Class B shares made total gains of about 1,050%, slightly underperforming Class A shares.Does it matter which class you own?While Class A shares outperformed, I do not see a huge difference in which class you decide to invest in -- remember, you are investing in the same company with the same business model and fundamentals.Deciding between the two depends more on who you are as an investor and what you are looking for. Smaller investors who may be more passive or newer to investing will likely opt for the Class B shares, as it will generally make buying and selling the stock easier.Shareholders who follow Berkshire's every move a bit more closely might be more interested in purchasing Class A shares for the enhanced voting power, as well as the visibility of knowing there will never be a stock split. Either way, I don't really think you can go wrong when investing in as strong a company as Berkshire Hathaway.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}