aaffsmcjje personal page - To The Moon

aaffsmcjje

aaffsmcjje

No personal profile

66Follow

23Followers

0Topic

0Badge

2023-11-23

Id say yes

Should You Buy Rivian Stock Instead of Tesla?

2023-11-20

More like racist white people

Sorry, the original content has been removed

2023-11-18

Lol.joke Amerixa

Sorry, the original content has been removed

2023-11-16

$Sea Ltd(SE)$ unteres

2023-10-23

Go to 100 then we'll talk

Apple Stock: Not Attractive At Current Earnings Multiple, Possible Q4 Earnings Miss

2023-10-20

Its Biden

SolarEdge Shares Dive 23% on Lower Expected 3Q Revenue, 4Q Outlook

2023-10-18

$NVIDIA Corp(NVDA)$ screw screw biden n America

2023-09-29

$HSI(HSI)$ chineseBullishchinese don't like prc. Lol

2023-09-21

Easy say is Biden doing. But people is forgetting Biden manifesto during election was to work together with China n i quote : I will do what Trump couldn't. Which us able to work hand in hand with China. Throw Biden or vindicate him

Sorry, the original content has been removed

2023-09-15

$ARM Holdings Ltd(ARM)$ sustaining upwards? Doubt it

2023-09-14

There will be one. Anytime can happen. Big dogs will decide when only

S&P 500: Everything Leads To A Recession, But Not Anytime Soon

2023-09-14

Terminator coming soon

1 Chip Stock to Buy and Hold for the Next Decade

2023-08-25

Yeap. Just short it

VinFast: Significantly Overvalued

2023-08-24

Nonsense

Sorry, the original content has been removed

2023-08-13

Buying as it dips! When is bull for china stocks? When Biden is overthrown in upcoming election//@koolgal:🌟🌟🌟$Alibaba(BABA)$ Alibaba's restructuring of its business from 1 into 6 is paying off for the conglomerate. Alibaba has reported solid growth in revenue and profit in Q2 2023 with improvements in all business segments, strong momentum and a laser focus on operating efficiency. Alibaba has unleashed new Energy across all its businesses with this reorganisation. For the quarter ended June 30, Alibaba said that net income climbed an impressive 63% to RMB 33 billion from RMB 20.3 billion last year, beating Wall Street forecast of RMB 28.6

@koolgal:Is Alibaba A Buy? Q2 2023 Earnings Report

2023-08-02

That's actually a good thing for society

Sorry, the original content has been removed

2023-05-29

The next biggest catalyst is when biden thrown off next election

Sorry, the original content has been removed

2023-05-18

Buy more

Alibaba Misses Revenue Estimates, Approves Cloud Unit Spinoff

2023-05-02

If u know who owns dupont, u wouldn't let go of this stock

DuPont Beats Earnings Estimates. Why the Stock Is Falling

2023-04-25

Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly

Sorry, the original content has been removed

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":3557887424829909,"uuid":"3557887424829909","gmtCreate":1594793404245,"gmtModify":1610710040351,"name":"aaffsmcjje","pinyin":"aaffsmcjje","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":23,"headSize":66,"tweetSize":210,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.99%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.04.12","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.67%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":244526526730392,"gmtCreate":1700722770079,"gmtModify":1700722774215,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Id say yes","listText":"Id say yes","text":"Id say yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244526526730392","repostId":"2385003745","repostType":2,"repost":{"id":"2385003745","pubTimestamp":1700720100,"share":"https://www.laohu8.com/m/news/2385003745?lang=&edition=full","pubTime":"2023-11-23 14:15","market":"us","language":"en","title":"Should You Buy Rivian Stock Instead of Tesla?","url":"https://stock-news.laohu8.com/highlight/detail?id=2385003745","media":"MotleyFool","summary":"This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. With its shares down by almost 90% since it went public in November 2022, Rivian  has been a hugely disappointing investment for those who bought shares early, especially compared to alternatives like Tesla, which is up by around 27% over that one-year timeframe. The upstart electric vehicle  maker has had to raise capital as its cash burn has continued.  But now that those issues have been priced into the previously overvalued stock, could it be time to buy?","content":"<html><head></head><body><h2 id=\"id_1049947870\" style=\"text-align: start;\">KEY POINTS</h2><ul style=\"\"><li><p>Rivian&#39;s stock price has fallen sharply since the electric vehicle maker went public.</p></li><li><p>Revenue is soaring and losses are narrowing; however, profitability still looks far off.</p></li></ul><p>With its shares down by almost 90% since it went public in November 2022, <strong>Rivian</strong> has been a hugely disappointing investment for those who bought shares early, especially compared to alternatives like <strong>Tesla, </strong>which is up by around 27% over that one-year timeframe. The upstart electric vehicle (EV) maker has had to raise capital as its cash burn has continued.</p><p>But now that those issues have been priced into the previously overvalued stock, could it be time to buy?</p><h2 id=\"id_447019289\">What went wrong for Rivian?</h2><p>Rivian&#39;s story over the past year illustrates some of the dangers of investing in initial public offerings (IPOs) -- a dynamic where retail investors can often end up holding the bag for a start-up&#39;s powerful early-stage backers. In Rivian&#39;s case, these included giants like <strong>Amazon</strong> and <strong>Ford Motor Company</strong>, both of which had business partnerships with Rivian prior to its IPO. These deals were votes of confidence in the automaker, and likely contributed to its lofty initial valuation of $85.9 billion -- more than Ford and <strong>General Motors</strong> combined.</p><p>The problem is that Rivian&#39;s fundamentals didn&#39;t support such a high price tag. In 2022, the company generated just $1.66 billion in revenue and a whopping $6.86 billion in operational losses.</p><p>To be fair, it is normal for early-stage companies to post small amounts of revenue and big losses as they pour resources into scaling up their businesses. But Rivian&#39;s valuation was far out of touch with reality. Its current market capitalization of around $16 billion makes more sense considering the uncertainty around its future in its competitive industry, as well as macroeconomic challenges like higher interest rates and inflation.</p><p>Rivian stock now trades at a price-to-sales multiple of 4.1, which is a sharp discount to its rival Tesla, which trades for 8.5 times sales. Its valuation makes more sense now, and positions the company as a relatively affordable way to bet on the EV opportunity. That said, valuation isn&#39;t the only factor a potential investor needs to consider.</p><h2 id=\"id_3396551906\">What about its operational performance?</h2><p>Rivian&#39;s operational performance has been mixed. In the third quarter, revenue jumped by an impressive 149% year over year to $1.33 billion. And despite the challenging macroeconomic environment, the company has thus far avoided getting caught up in the EV industry&#39;s price war. Indeed, it has actually increased its average sales price per vehicle thanks to strong demand for its models, according to CEO RJ Scaringe. This trend suggests customers see standout value in its unique, outdoorsy EV brand.</p><p>Management is also optimistic about the future. The company has raised its full-year production guidance to 54,000 vehicles for 2023 (up from 52,000 previously).</p><p>That said, Rivian&#39;s bottom line still leaves much to be desired. The company generated an operating loss of $1.44 billion in Q3. While this was an improvement from the $1.77 billion it lost in the prior-year period, Rivian is still draining its cash reserves, which stood at just $7.9 billion as of the end of the quarter. Investors should expect this company to eventually issue more debt or sell more shares (with the resulting equity dilution) -- or both -- to fund operations as it runs low on liquidity.</p><p>Management has said it expects Rivian&#39;s gross margin will turn positive in 2024. But this simply means that the selling prices of its vehicles will at that point be higher than their direct production costs -- gross margin doesn&#39;t factor in substantial overhead expenses like office salaries, marketing, or research and development.</p><h2 id=\"id_4240554583\">Is Rivian a better buy than Tesla?</h2><p>For investors, Rivian has two things that make it attractive compared to Tesla. Firstly, it is a smaller company with possibly more expansion potential. And secondly, it has a lower valuation. However, investors should be careful about betting on less mature companies because their challenges can quickly spiral out of control, particularly if macroeconomic conditions worsen.</p><p>Ultimately, Rivian looks like an appealing long-term buy. But investors may want to wait for a few more quarters of upbeat data before purchasing the stock. </p></body></html>","source":"motleyfoolau_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Buy Rivian Stock Instead of Tesla?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould You Buy Rivian Stock Instead of Tesla?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-23 14:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2023/11/22/should-you-buy-rivian-stock-instead-of-tesla-usfeed/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSRivian's stock price has fallen sharply since the electric vehicle maker went public.Revenue is soaring and losses are narrowing; however, profitability still looks far off.With its shares ...</p>\n\n<a href=\"https://www.fool.com.au/2023/11/22/should-you-buy-rivian-stock-instead-of-tesla-usfeed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","BK4099":"汽车制造商","BK4511":"特斯拉概念","RIVN":"Rivian Automotive, Inc.","BK4548":"巴美列捷福持仓","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0823414478.USD":"法巴经典能源转换基金","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4585":"ETF&股票定投概念","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","BK4534":"瑞士信贷持仓","BK4555":"新能源车","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4527":"明星科技股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4550":"红杉资本持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4551":"寇图资本持仓","LU0234572021.USD":"高盛美国核心股票组合Acc"},"source_url":"https://www.fool.com.au/2023/11/22/should-you-buy-rivian-stock-instead-of-tesla-usfeed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385003745","content_text":"KEY POINTSRivian's stock price has fallen sharply since the electric vehicle maker went public.Revenue is soaring and losses are narrowing; however, profitability still looks far off.With its shares down by almost 90% since it went public in November 2022, Rivian has been a hugely disappointing investment for those who bought shares early, especially compared to alternatives like Tesla, which is up by around 27% over that one-year timeframe. The upstart electric vehicle (EV) maker has had to raise capital as its cash burn has continued.But now that those issues have been priced into the previously overvalued stock, could it be time to buy?What went wrong for Rivian?Rivian's story over the past year illustrates some of the dangers of investing in initial public offerings (IPOs) -- a dynamic where retail investors can often end up holding the bag for a start-up's powerful early-stage backers. In Rivian's case, these included giants like Amazon and Ford Motor Company, both of which had business partnerships with Rivian prior to its IPO. These deals were votes of confidence in the automaker, and likely contributed to its lofty initial valuation of $85.9 billion -- more than Ford and General Motors combined.The problem is that Rivian's fundamentals didn't support such a high price tag. In 2022, the company generated just $1.66 billion in revenue and a whopping $6.86 billion in operational losses.To be fair, it is normal for early-stage companies to post small amounts of revenue and big losses as they pour resources into scaling up their businesses. But Rivian's valuation was far out of touch with reality. Its current market capitalization of around $16 billion makes more sense considering the uncertainty around its future in its competitive industry, as well as macroeconomic challenges like higher interest rates and inflation.Rivian stock now trades at a price-to-sales multiple of 4.1, which is a sharp discount to its rival Tesla, which trades for 8.5 times sales. Its valuation makes more sense now, and positions the company as a relatively affordable way to bet on the EV opportunity. That said, valuation isn't the only factor a potential investor needs to consider.What about its operational performance?Rivian's operational performance has been mixed. In the third quarter, revenue jumped by an impressive 149% year over year to $1.33 billion. And despite the challenging macroeconomic environment, the company has thus far avoided getting caught up in the EV industry's price war. Indeed, it has actually increased its average sales price per vehicle thanks to strong demand for its models, according to CEO RJ Scaringe. This trend suggests customers see standout value in its unique, outdoorsy EV brand.Management is also optimistic about the future. The company has raised its full-year production guidance to 54,000 vehicles for 2023 (up from 52,000 previously).That said, Rivian's bottom line still leaves much to be desired. The company generated an operating loss of $1.44 billion in Q3. While this was an improvement from the $1.77 billion it lost in the prior-year period, Rivian is still draining its cash reserves, which stood at just $7.9 billion as of the end of the quarter. Investors should expect this company to eventually issue more debt or sell more shares (with the resulting equity dilution) -- or both -- to fund operations as it runs low on liquidity.Management has said it expects Rivian's gross margin will turn positive in 2024. But this simply means that the selling prices of its vehicles will at that point be higher than their direct production costs -- gross margin doesn't factor in substantial overhead expenses like office salaries, marketing, or research and development.Is Rivian a better buy than Tesla?For investors, Rivian has two things that make it attractive compared to Tesla. Firstly, it is a smaller company with possibly more expansion potential. And secondly, it has a lower valuation. However, investors should be careful about betting on less mature companies because their challenges can quickly spiral out of control, particularly if macroeconomic conditions worsen.Ultimately, Rivian looks like an appealing long-term buy. But investors may want to wait for a few more quarters of upbeat data before purchasing the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":243517342048440,"gmtCreate":1700489499780,"gmtModify":1700489907677,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"More like racist white people&nbsp;","listText":"More like racist white people&nbsp;","text":"More like racist white people","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/243517342048440","repostId":"2384589323","repostType":2,"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":242592491114744,"gmtCreate":1700263886911,"gmtModify":1700263890975,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Lol.joke Amerixa","listText":"Lol.joke Amerixa","text":"Lol.joke Amerixa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/242592491114744","repostId":"1104026944","repostType":2,"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":242071121314040,"gmtCreate":1700136599361,"gmtModify":1700136602841,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$&nbsp;</a>unteres","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$&nbsp;</a>unteres","text":"$Sea Ltd(SE)$ unteres","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/242071121314040","isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":233623936176416,"gmtCreate":1698066176070,"gmtModify":1698066181109,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Go to 100 then we'll talk","listText":"Go to 100 then we'll talk","text":"Go to 100 then we'll talk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/233623936176416","repostId":"2377790581","repostType":2,"repost":{"id":"2377790581","pubTimestamp":1698065698,"share":"https://www.laohu8.com/m/news/2377790581?lang=&edition=full","pubTime":"2023-10-23 20:54","market":"us","language":"en","title":"Apple Stock: Not Attractive At Current Earnings Multiple, Possible Q4 Earnings Miss","url":"https://stock-news.laohu8.com/highlight/detail?id=2377790581","media":"Seekingalpha","summary":"Back in 2015 to 2017, Apple stock enjoyed a low multiple and an ability to repurchase shares economically to boost EPS growth.Six to seven years on and the multiple for Apple stock is far above historical average and difficult to justify based on earnings outlook reflected in analysts' EPS estimates.The factors that indicated a buying opportunity in the 2015 to 2017 period have reversed in 2023 and Apple stock is downgraded from Buy to Sell.Justin Sullivan/Getty Images News Investment Thesis: I have written before about Apple Inc. , all four times with a Buy rating. My first article was in Sep. 2015, \"Apple Watch: 'Apple Inside'\" with share price at $29.15 . SA Premium shows the share price has since increased by 493.17% with a total return of 553.48%. I then had a break of a couple of years before publishing three articles between March and June 2017, \"S&P 500 Doubles, Earnings Flat, Selloff Inevitable: Is This True Of Apple?","content":"<html><head></head><body><ul style=\"\"><li><p>Back in 2015 to 2017, Apple stock enjoyed a low multiple and an ability to repurchase shares economically to boost EPS growth.</p></li><li><p>Six to seven years on and the multiple for Apple stock is far above historical average and difficult to justify based on earnings outlook reflected in analysts&#39; EPS estimates.</p></li><li><p>The factors that indicated a buying opportunity in the 2015 to 2017 period have reversed in 2023 and Apple stock is downgraded from Buy to Sell.</p></li></ul><h2 id=\"id_82845676\">Investment Thesis:</h2><p>I have written before about Apple Inc. (NASDAQ: AAPL), all four times with a Buy rating. My first article was in Sep. 2015, &#34;Apple Watch: &#39;Apple Inside&#39;&#34; with share price at $29.15 (split adjusted). SA Premium shows the share price has since increased by 493.17% with a total return of 553.48%. I then had a break of a couple of years before publishing three articles between March and June 2017, &#34;S&amp;P 500 Doubles, Earnings Flat, Selloff Inevitable: Is This True Of Apple?&#34;, &#34;Buffett&#39;s Apple Buy A No-Brainer&#34; which earned an Editor&#39;s Pick, and &#34;Apple For Beginners&#34;. Earnings multiples at the time of these articles were in the 16 to 17 range. SA Premium shows total returns of over 400% in respect of those three articles. Did I expect those levels of returns when I wrote those articles? To be honest, no I did not have expectations of returns at those levels. My expectations on share price growth were based on an expectation of both EPS growth and multiple expansion. I felt Apple deserved a higher multiple than its 16 to 17 range at that time. When the market realized that and was prepared to pay a higher multiple, that would lead to share price increase, independent of earnings growth. My second consideration was Apple&#39;s large cash balance which was doing nothing for the share price. Continuing to use surplus cash to repurchase shares at what I considered a cheap price would reduce share count and increase EPS, regardless of earnings growth. An increase in EPS coupled with an increase in multiple could drive share price increases regardless of net income growth. As regards net income growth, I think it would be fair to say at the time there was uncertainty how Apple could grow net income indefinitely. As it turned out, Apple&#39;s net income growth was moderate between the time of my articles in 2015, 2017, and 2020, as per Table 1 below.</p><p><strong>Table 1</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40c01188a9fabe29a5f0b09b82329d8d\" tg-width=\"640\" tg-height=\"716\"/></p><p>SA Premium &amp; SEC filings</p><p><strong>Comments on contents of Table 1:</strong></p><p><em>Periods 2015 to 2019 and 2015 to 2020:</em></p><p>Table 1 shows Net income grew by a mere 0.9% average per year over the four years 2015 to 2019, However, an average 5.4% yearly reduction in share count through share repurchases resulted in average yearly EPS growth of 6.6%. This 6.6% EPS growth rate was further leveraged by P/E ratio average yearly growth rate of 12.0%, resulting in an average yearly share price growth of 19.4% over the four-year period 2015 to 2019. This average yearly return of 19.4% from share price growth was further enhanced by the dividend yield. Due to increases to the quarterly dividend per share, the dividend yield on cost of 1.84% at Sep. 2015 had grown to 2.76% by Sep. 2019. The story is similar for buying in 2015 and holding through 2020 - average yearly Net income growth of just 1.5% results in share price increase of 33.2% per year, due to leverage from share repurchases and multiple expansion.</p><p><em>Periods 2015 to 2022 and 2015 to 2023:</em></p><p>Net income grew by 9.3% average per year over the seven years 2015 to 2022, An average 4.9% yearly reduction in share count through share repurchases resulted in average yearly EPS growth of 14.9%. This 14.9% EPS growth rate was further leveraged by P/E ratio average yearly growth rate of 9.5%, resulting in an average yearly share price growth of 25.9% over the four-year period 2015 to 2019. This average yearly return of 25.9% from share price growth was further enhanced by the dividend yield. This period benefitted from the explosive 64.9% growth in Net income between 2020 and 2021. Growth has subsequently moderated with minimal growth expected in Net income for 2023 versus 2021. The effect of duration on investment returns is seen, with Net Income average yearly growth for the eight years to 2023 quickly falling to 7.5% from 9.3% for the seven years to 2022.</p><p><em>Quant Rating:</em></p><p>Seeking Alpha Quant rating has alternated between Strong Buy and Hold (with no Buy or Sell ratings) from the initial rating as a Strong Buy on Aug. 21, 2019. The stock was last rated as a Strong Buy on Sep. 29, 2021 and has been rated as a Hold by SA Quant since that date to the present. Figure 1 below shows components of the current Quant Hold rating.</p><p><strong>Figure 1</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e158a86d3060bedbff13d0e845e4bb1\" tg-width=\"640\" tg-height=\"387\"/></p><p>SA Premium</p><p>It is interesting that even with an F rating for Value and a D rating for Growth, the Quant system maintained a Hold rating and did not default to Sell. I believe it is likely only the fact Apple has beaten Analysts&#39; EPS estimates for 19 of the last 20 quarters that has prevented Quant rating flipping from Hold to Sell.</p><p><em>Outlook and Conclusions:</em></p><p>Clearly, Apple has shown the ability to realize strong Net income growth over the longer term through intermittent significant advances in product technology that have great appeal to the buying public. The period 2015 to 2017 provided a favorable buy opportunity, with an attractive relatively low share price, and potential for reduction in share count through share repurchases at these low share prices, coupled with multiple expansion. Table 1 shows double-digit returns over 20% were possible, even without the significant increase in Net income in 2021. Today, the shares appear more than fully priced, making buybacks less attractive, although using surplus cash to reduce share count will still have an impact on EPS. The present multiple appears to have far more potential to contract than expand, limiting or eliminating the opportunity for share price growth. My analyses further below indicate, based on SA Premium analysts&#39; consensus EPS estimates, and a continuation of Apple&#39;s P/E ratio at the present level of 29.06, total return of 12.3% per year is possible, buying now and holding through the end of 2024. But analysts&#39; EPS estimates also reflect a great deal of uncertainty, with indicative returns ranging from a low of 1.8% to a high of 20.7%. Also, if the P/E ratio fell from the present 29.06 to 24.0, the positive return of 12.3% based on consensus EPS estimate would change to 3.5% negative. My conclusion is, unlike the 2015 to 2017 period, now is not an opportune time to buy Apple shares. The P/E multiple is more likely to contract than expand, share price does not make share buybacks attractive, and we could be experiencing a flat period in Apple&#39;s earnings growth cycle. At best, the stock is a Hold for existing long-term holders. For those with a short-term investment time frame there is the possibility of a sale and buyback on any dip in the share price. For those considering a buy, there is likely a possibility of entry at a price below current levels, if prepared to wait. Various Seeking Alpha analysts have discussed pressure on Apple&#39;s earnings, bringing the possibility of an earnings miss for Apple&#39;s final quarter, estimated due for release Nov.02. These concerns are added to by the following excerpts from SA News Editor, Chris Ciaccia, Oct. 16, news item:</p><blockquote><p>Jefferies analysts said iPhone sales have dropped by double-digit percentage compared to the iPhone 14 Pro in China, due in part to the release of Huawei&#39;s new Mate 60 Pro, released in August... In September, Bank of America said that strong sales of the new smartphone from Huawei, which incorporates an in-house chip that looks to perform at 5G speeds, could impact sales of the iPhone in China... Counterpoint estimated that Huawei could sell as many as 5M to 6M units of the Mate 60 Pro this year and perhaps at least 10M next year, the news outlet added.</p></blockquote><p>A high P/E ratio implies an expectation of continuing high EPS growth, and if Apple&#39;s fourth quarter EPS misses analysts&#39; consensus estimate, as appears very possible, that would likely put a dint in expectations, causing negative sentiment, with a consequential fall in the share price. Furthermore, if this were to eventuate, and it does appear a strong possibility, I believe it would likely tip the Seeking Alpha Quant rating for Apple from the present Hold, to Sell. Reluctantly, my overall rating for Apple stock has to be a downgrade from Buy to Sell. A more detailed financial analysis follows in support of this conclusion.</p><h2 id=\"id_878560756\">Financial Analysis and Comment</h2><h3 id=\"id_2001867919\">Looking for market mispricing of stocks:</h3><p>What I&#39;m primarily looking for here are instances of market mispricing of stocks due to distortions to many of the usual statistics used for screening stocks for buy/hold/sell decisions. I believe the answer is to compare projections, based on analysts&#39; estimates out to the end of 2024 or later, to past performance. Summarized in Tables 2 and 3 below are the results of compiling and analyzing the data on this basis.</p><p><strong>Table 2 - Detailed financial history and projections</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0686bb2d947d707ec4304b64e6c0544c\" tg-width=\"640\" tg-height=\"926\"/></p><p>SA Premium &amp; SEC filings</p><p>Table 2 documents historical data from 2016 to 2022, including share prices, P/E ratios, EPS and DPS, and EPS and DPS growth rates. The table shows EPS grew at an average rate of 18.75% per year, between 2016 and 2022, while the share price grew at a far higher rate of 28.43% per year over the same period. The table also includes estimates out to 2026 for share prices, P/E ratios, EPS and DPS, and EPS and DPS growth rates. (Note - while estimates are shown for analysts&#39; EPS estimates out to 2023 to 2026 where available, estimates do tend to become less reliable, the further out the estimates go. These estimates are only considered sufficiently reliable if there are at least three analysts&#39; contributing estimates for the year in question). Based on analysts&#39; consensus EPS estimates, EPS is projected to continue to grow at mid to high single-digit percentages through the end of 2024. Table 1 allows modeling for target total rates of return. In the case shown above, the target set for total rate of return is 7.5% per year through the end of 2024 (see line 12), based on buying at the Oct. 20, 2023, closing share price level. As noted above, estimates become less reliable in the later years. I decided to input a target return based on the 2024 year, which has EPS estimates from 23 analysts because it allows for the impact of the projected EPS growth rates to be taken into account in the assessment of the value of Apple shares. The table shows to achieve the 7.5% return, the required average yearly share price growth rate from Oct 20, 2023 through Dec. 31, 2024, is 6.90% (line 51). Dividends and dividend growth account for the balance of the target 7.5% total return.</p><h3 id=\"id_3601505578\">Apple&#39;s projected returns based on selected historical P/E ratios through the end of 2024</h3><p>Table 3 below provides scenarios projecting potential returns based on select historical P/E ratios and analysts&#39; consensus, low, and high EPS estimates per Seeking Alpha Premium through the end of 2024.</p><p><strong>Table 3 - Summary of relevant projections Apple</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/01acb5453506e92f6cd41920ab7721bb\" tg-width=\"640\" tg-height=\"571\"/></p><p>SA Premium &amp; SEC filings</p><p>Table 3 provides comparative data for buying at the closing share price on October 20, 2023, and holding through the end of years 2023 through 2026. There&#39;s a total of twelve valuation scenarios for each year, comprised of three EPS estimates (SA Premium analysts&#39; consensus, low and high) across three different P/E ratio estimates, based on historical data, plus a fourth P/E ratio selected to provide an alternative scenario. Apple&#39;s P/E ratio is presently 29.06, which is well above the historical average P/E ratio of 22.34. Table 3 shows potential returns from an investment in shares of the company across the range of P/E ratios This analysis, from hereon, assumes an investor buying Apple shares today would be prepared to hold through 2024, if necessary, to achieve their return objectives. Comments on the contents of Table 3, for the period to 2024 column follow.</p><h3 id=\"id_3901598354\">Consensus, low and high EPS estimates</h3><p>All EPS estimates are based on analysts&#39; consensus, low and high estimates per SA Premium. This is designed to provide a range of valuation estimates - from low to most likely to high - based on analysts&#39; assessments. I could generate my own estimates, but these would likely fall within the same range and would not add to the value of the exercise. This is particularly so in respect of well-established businesses such as Apple. I believe the &#34;low&#34; estimates should be considered important. It&#39;s prudent to manage risk by knowing the potential worst-case scenarios from whatever cause.</p><h3 id=\"id_3341510641\">Alternative P/E ratios utilized in scenarios</h3><ol start=\"1\" style=\"\"><li><p>The actual P/E ratios at the share buy date are based on actual non-GAAP EPS for Q2-2023 TTM.</p></li><li><p>A modified average P/E ratio based on 29 quarter-end P/E ratios from Q4 2016 to Q3 2023 and current P/E ratio in Q4 2023. The Q3 and Q4 2023 P/E ratios are based on share price at the end of Q3 2023 and the current share price in Q4 divided by TTM EPS for latest reported earnings through the end of Q2 2023. The average of these P/E ratios has been modified to exclude the three highest and three lowest to remove outliers that might otherwise distort the result.</p></li><li><p>A modified low P/E ratio was calculated using the same data set used for calculating the modified average P/E ratio, and calculated on a similar basis, with the three highest and lowest P/E ratios excluded.</p></li><li><p>A median P/E ratio is calculated using the same data set used for calculating the modified average P/E ratio. Of course, the median is the same whether or not the three highest and lowest P/E ratios are excluded. In the case of Apple, I have chosen to use an assumed P/E ratio of 26.0 in place of the historical median of 22.56 (similar to the average). I have done this to provide an idea of the impact on returns of the multiple decreasing to around halfway between the present level and the historical average.</p></li></ol><h3 id=\"id_366652020\">Reliability of EPS estimates (line 18)</h3><p>Line 18 shows the range between high and low EPS estimates. The wider the range, the greater disagreement there is between the most optimistic and the most pessimistic analysts, which tends to suggest greater uncertainty in the estimates. There are 23 analysts covering Apple through the end of 2024. In my experience, a range of 11.4 percentage points difference in EPS growth estimates among analysts is relatively high and suggests a degree of uncertainty, and thus decreased reliability of the estimates.</p><h3 id=\"id_2866295023\">Projected Returns (lines 19 to 45)</h3><p>Lines 25, 35, and 45 show T a range of historical P/E ratio levels, Apple is conservatively indicated to return between negative 36.1% and negative 24.2% average per year through the end of 2024. The negative 36.1% return is based on analysts&#39; low EPS estimates and the negative 24.2% on their high EPS estimates, with a negative 29.5% return based on consensus estimates. Those are the lowest of the returns under the consensus, low, and high EPS scenarios and assume a P/E multiple at Apple&#39;s historical low multiple of 16.20. If the multiple were to remain at the present 29.06 at the end of 2024, indicative returns range from 1.8% to 20.6%, with a consensus of 12.3%. At Apple&#39;s historical average P/E multiple of 22.34, the indicative returns range from negative 17.4% to negative 2.2%, with consensus of negative 8.9%. However, I believe the more likely outcome is a multiple somewhere between the historical average of 22.34 and the present level of 29.06. At a selected multiple of 26.0, the indicative returns range from negative 6.8% to positive 10.4%, with consensus of positive 2.8%.</p><h2 id=\"id_3062852626\">Checking Apple&#39;s &#34;Equity Bucket&#34;</h2><p><strong>Table 4.1 Apple&#39;s balance sheet - summary format</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a6ec5d854b4e96e709dc8bf16b00381\" tg-width=\"640\" tg-height=\"391\"/></p><p>SA Premium &amp; SEC filings</p><p>Over the 6.75 years from the end of September 2016 to the end of Q2 2023, Apple&#39;s shareholders&#39; equity decreased by $67.975 billion. This $67.975 billion decrease, is reflected in a decrease of $41.054 billion decrease in Net Assets Used In Operations and an increase of $26.921 billion increase in debt net of cash. Net debt as a percentage of net debt plus equity increased from 13.4% at the end of September 2016 to 43.7% at the end of Q2 2023. Outstanding shares decreased by 5.697 billion from 21.345 billion to 15.648 billion, over the period, due to share repurchases offset in part by shares issued for employee stock compensation. The $67.975 billion decrease in common stock shareholders&#39; equity over the last 6.75 years is analyzed in Table 4.2 below.</p><p><strong>Table 4.2 Apple&#39;s balance sheet - equity section</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f15f10040ced6d9d93b002a29acf9654\" tg-width=\"640\" tg-height=\"597\"/></p><p>SA Premium &amp; SEC filings</p><p>I often find companies report earnings that should flow into and increase shareholders&#39; equity. But often the increase in shareholders&#39; equity does not materialize. Also, there can be distributions out of equity that do not benefit shareholders. Hence, the term &#34;leaky equity bucket.&#34; I look for evidence of this in my analysis of changes in shareholders&#39; equity.</p><h3 id=\"id_2619620096\"><em>Explanatory comments on Table 4.2 for the period end FY-2016 to end Q2-2023</em></h3><ul style=\"\"><li><p>Reported net income (GAAP) over the 6.75-year period totals $489.071 billion, equivalent to diluted net income per share of $27.91.</p></li><li><p>Other comprehensive income includes such things as foreign exchange translation adjustments with respect to buildings, plant, and other facilities located overseas and changes in the valuation of assets in the pension fund - these are not passed through net income as they fluctuate without affecting operations and can easily reverse in a following period. Nevertheless, they do impact the value of shareholders&#39; equity at any point in time. For Apple, these items were negative, decreasing equity by $9.792 billion over the 6.75-year period. This was primarily due to recording a loss due to a change in fair value of marketable debt securities in FY 2022.</p></li><li><p>There were share issues to employees, and these were a significant expense items. The amounts recorded in the income statement and in shareholders&#39; equity, for equity awards to staff totaled $25.661 billion ($1.43 EPS effect) over the 6.75 year period. However, the market value of these shares is estimated to be $71.334 billion ($4.11 EPS effect). The understatement of expense by ~$45 billion is material in the context of GAAP earnings total of ~$489 billion over the 6.75-year period and is concerning from a &#34;leaky equity bucket&#34; aspect.</p></li><li><p>By the time we take the above-mentioned items into account, we find, over the 6.75-year period, the reported non-GAAP EPS of $127.91 ($489.071 billion) has decreased to $124.65 ($433.606 billion), added to funds from operations available for distribution to shareholders.</p></li><li><p>Distributions totaled $501.581 billion, comprised of dividends of $95.185 billion and share repurchases, net of issues to staff, of $406.396 billion. These distributions of $501.581 billion exceeded the $433.606 billion of funds available from operations, resulting in the $67.975 billion reduction in Shareholders&#39; equity per Table 4.1 above. The inescapable conclusion is Apple has gone beyond using surplus cash for share repurchases and are borrowing funds for this purpose.</p></li></ul><h2 id=\"id_3965197708\">Summary and Conclusions</h2><p>Apple&#39;s share price is supported by a multiple of 29.06 and it is believed the greater likelihood is this multiple will move back towards the lower historical average of 22.34. Even at a multiple of 26.0 indicative returns through the end of 2024 based on analysts&#39; consensus EPS estimates is a low 2.8% per year. The wide range of analysts&#39; EPS estimates suggests a high degree of uncertainty in relation to future earnings. While continuing share repurchases could continue to boost EPS the current share price does not make share repurchases as attractive as in the past, particularly where funded by increases in net debt. Taking all of the foregoing into account, Apple is downgraded from Buy to Sell.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: Not Attractive At Current Earnings Multiple, Possible Q4 Earnings Miss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Not Attractive At Current Earnings Multiple, Possible Q4 Earnings Miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-23 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4642513-apple-stock-not-attractive-current-earnings-multiple-possible-q4-earnings-miss-downgrade-sell><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Back in 2015 to 2017, Apple stock enjoyed a low multiple and an ability to repurchase shares economically to boost EPS growth.Six to seven years on and the multiple for Apple stock is far above ...</p>\n\n<a href=\"https://seekingalpha.com/article/4642513-apple-stock-not-attractive-current-earnings-multiple-possible-q4-earnings-miss-downgrade-sell\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4642513-apple-stock-not-attractive-current-earnings-multiple-possible-q4-earnings-miss-downgrade-sell","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2377790581","content_text":"Back in 2015 to 2017, Apple stock enjoyed a low multiple and an ability to repurchase shares economically to boost EPS growth.Six to seven years on and the multiple for Apple stock is far above historical average and difficult to justify based on earnings outlook reflected in analysts' EPS estimates.The factors that indicated a buying opportunity in the 2015 to 2017 period have reversed in 2023 and Apple stock is downgraded from Buy to Sell.Investment Thesis:I have written before about Apple Inc. (NASDAQ: AAPL), all four times with a Buy rating. My first article was in Sep. 2015, \"Apple Watch: 'Apple Inside'\" with share price at $29.15 (split adjusted). SA Premium shows the share price has since increased by 493.17% with a total return of 553.48%. I then had a break of a couple of years before publishing three articles between March and June 2017, \"S&P 500 Doubles, Earnings Flat, Selloff Inevitable: Is This True Of Apple?\", \"Buffett's Apple Buy A No-Brainer\" which earned an Editor's Pick, and \"Apple For Beginners\". Earnings multiples at the time of these articles were in the 16 to 17 range. SA Premium shows total returns of over 400% in respect of those three articles. Did I expect those levels of returns when I wrote those articles? To be honest, no I did not have expectations of returns at those levels. My expectations on share price growth were based on an expectation of both EPS growth and multiple expansion. I felt Apple deserved a higher multiple than its 16 to 17 range at that time. When the market realized that and was prepared to pay a higher multiple, that would lead to share price increase, independent of earnings growth. My second consideration was Apple's large cash balance which was doing nothing for the share price. Continuing to use surplus cash to repurchase shares at what I considered a cheap price would reduce share count and increase EPS, regardless of earnings growth. An increase in EPS coupled with an increase in multiple could drive share price increases regardless of net income growth. As regards net income growth, I think it would be fair to say at the time there was uncertainty how Apple could grow net income indefinitely. As it turned out, Apple's net income growth was moderate between the time of my articles in 2015, 2017, and 2020, as per Table 1 below.Table 1SA Premium & SEC filingsComments on contents of Table 1:Periods 2015 to 2019 and 2015 to 2020:Table 1 shows Net income grew by a mere 0.9% average per year over the four years 2015 to 2019, However, an average 5.4% yearly reduction in share count through share repurchases resulted in average yearly EPS growth of 6.6%. This 6.6% EPS growth rate was further leveraged by P/E ratio average yearly growth rate of 12.0%, resulting in an average yearly share price growth of 19.4% over the four-year period 2015 to 2019. This average yearly return of 19.4% from share price growth was further enhanced by the dividend yield. Due to increases to the quarterly dividend per share, the dividend yield on cost of 1.84% at Sep. 2015 had grown to 2.76% by Sep. 2019. The story is similar for buying in 2015 and holding through 2020 - average yearly Net income growth of just 1.5% results in share price increase of 33.2% per year, due to leverage from share repurchases and multiple expansion.Periods 2015 to 2022 and 2015 to 2023:Net income grew by 9.3% average per year over the seven years 2015 to 2022, An average 4.9% yearly reduction in share count through share repurchases resulted in average yearly EPS growth of 14.9%. This 14.9% EPS growth rate was further leveraged by P/E ratio average yearly growth rate of 9.5%, resulting in an average yearly share price growth of 25.9% over the four-year period 2015 to 2019. This average yearly return of 25.9% from share price growth was further enhanced by the dividend yield. This period benefitted from the explosive 64.9% growth in Net income between 2020 and 2021. Growth has subsequently moderated with minimal growth expected in Net income for 2023 versus 2021. The effect of duration on investment returns is seen, with Net Income average yearly growth for the eight years to 2023 quickly falling to 7.5% from 9.3% for the seven years to 2022.Quant Rating:Seeking Alpha Quant rating has alternated between Strong Buy and Hold (with no Buy or Sell ratings) from the initial rating as a Strong Buy on Aug. 21, 2019. The stock was last rated as a Strong Buy on Sep. 29, 2021 and has been rated as a Hold by SA Quant since that date to the present. Figure 1 below shows components of the current Quant Hold rating.Figure 1SA PremiumIt is interesting that even with an F rating for Value and a D rating for Growth, the Quant system maintained a Hold rating and did not default to Sell. I believe it is likely only the fact Apple has beaten Analysts' EPS estimates for 19 of the last 20 quarters that has prevented Quant rating flipping from Hold to Sell.Outlook and Conclusions:Clearly, Apple has shown the ability to realize strong Net income growth over the longer term through intermittent significant advances in product technology that have great appeal to the buying public. The period 2015 to 2017 provided a favorable buy opportunity, with an attractive relatively low share price, and potential for reduction in share count through share repurchases at these low share prices, coupled with multiple expansion. Table 1 shows double-digit returns over 20% were possible, even without the significant increase in Net income in 2021. Today, the shares appear more than fully priced, making buybacks less attractive, although using surplus cash to reduce share count will still have an impact on EPS. The present multiple appears to have far more potential to contract than expand, limiting or eliminating the opportunity for share price growth. My analyses further below indicate, based on SA Premium analysts' consensus EPS estimates, and a continuation of Apple's P/E ratio at the present level of 29.06, total return of 12.3% per year is possible, buying now and holding through the end of 2024. But analysts' EPS estimates also reflect a great deal of uncertainty, with indicative returns ranging from a low of 1.8% to a high of 20.7%. Also, if the P/E ratio fell from the present 29.06 to 24.0, the positive return of 12.3% based on consensus EPS estimate would change to 3.5% negative. My conclusion is, unlike the 2015 to 2017 period, now is not an opportune time to buy Apple shares. The P/E multiple is more likely to contract than expand, share price does not make share buybacks attractive, and we could be experiencing a flat period in Apple's earnings growth cycle. At best, the stock is a Hold for existing long-term holders. For those with a short-term investment time frame there is the possibility of a sale and buyback on any dip in the share price. For those considering a buy, there is likely a possibility of entry at a price below current levels, if prepared to wait. Various Seeking Alpha analysts have discussed pressure on Apple's earnings, bringing the possibility of an earnings miss for Apple's final quarter, estimated due for release Nov.02. These concerns are added to by the following excerpts from SA News Editor, Chris Ciaccia, Oct. 16, news item:Jefferies analysts said iPhone sales have dropped by double-digit percentage compared to the iPhone 14 Pro in China, due in part to the release of Huawei's new Mate 60 Pro, released in August... In September, Bank of America said that strong sales of the new smartphone from Huawei, which incorporates an in-house chip that looks to perform at 5G speeds, could impact sales of the iPhone in China... Counterpoint estimated that Huawei could sell as many as 5M to 6M units of the Mate 60 Pro this year and perhaps at least 10M next year, the news outlet added.A high P/E ratio implies an expectation of continuing high EPS growth, and if Apple's fourth quarter EPS misses analysts' consensus estimate, as appears very possible, that would likely put a dint in expectations, causing negative sentiment, with a consequential fall in the share price. Furthermore, if this were to eventuate, and it does appear a strong possibility, I believe it would likely tip the Seeking Alpha Quant rating for Apple from the present Hold, to Sell. Reluctantly, my overall rating for Apple stock has to be a downgrade from Buy to Sell. A more detailed financial analysis follows in support of this conclusion.Financial Analysis and CommentLooking for market mispricing of stocks:What I'm primarily looking for here are instances of market mispricing of stocks due to distortions to many of the usual statistics used for screening stocks for buy/hold/sell decisions. I believe the answer is to compare projections, based on analysts' estimates out to the end of 2024 or later, to past performance. Summarized in Tables 2 and 3 below are the results of compiling and analyzing the data on this basis.Table 2 - Detailed financial history and projectionsSA Premium & SEC filingsTable 2 documents historical data from 2016 to 2022, including share prices, P/E ratios, EPS and DPS, and EPS and DPS growth rates. The table shows EPS grew at an average rate of 18.75% per year, between 2016 and 2022, while the share price grew at a far higher rate of 28.43% per year over the same period. The table also includes estimates out to 2026 for share prices, P/E ratios, EPS and DPS, and EPS and DPS growth rates. (Note - while estimates are shown for analysts' EPS estimates out to 2023 to 2026 where available, estimates do tend to become less reliable, the further out the estimates go. These estimates are only considered sufficiently reliable if there are at least three analysts' contributing estimates for the year in question). Based on analysts' consensus EPS estimates, EPS is projected to continue to grow at mid to high single-digit percentages through the end of 2024. Table 1 allows modeling for target total rates of return. In the case shown above, the target set for total rate of return is 7.5% per year through the end of 2024 (see line 12), based on buying at the Oct. 20, 2023, closing share price level. As noted above, estimates become less reliable in the later years. I decided to input a target return based on the 2024 year, which has EPS estimates from 23 analysts because it allows for the impact of the projected EPS growth rates to be taken into account in the assessment of the value of Apple shares. The table shows to achieve the 7.5% return, the required average yearly share price growth rate from Oct 20, 2023 through Dec. 31, 2024, is 6.90% (line 51). Dividends and dividend growth account for the balance of the target 7.5% total return.Apple's projected returns based on selected historical P/E ratios through the end of 2024Table 3 below provides scenarios projecting potential returns based on select historical P/E ratios and analysts' consensus, low, and high EPS estimates per Seeking Alpha Premium through the end of 2024.Table 3 - Summary of relevant projections AppleSA Premium & SEC filingsTable 3 provides comparative data for buying at the closing share price on October 20, 2023, and holding through the end of years 2023 through 2026. There's a total of twelve valuation scenarios for each year, comprised of three EPS estimates (SA Premium analysts' consensus, low and high) across three different P/E ratio estimates, based on historical data, plus a fourth P/E ratio selected to provide an alternative scenario. Apple's P/E ratio is presently 29.06, which is well above the historical average P/E ratio of 22.34. Table 3 shows potential returns from an investment in shares of the company across the range of P/E ratios This analysis, from hereon, assumes an investor buying Apple shares today would be prepared to hold through 2024, if necessary, to achieve their return objectives. Comments on the contents of Table 3, for the period to 2024 column follow.Consensus, low and high EPS estimatesAll EPS estimates are based on analysts' consensus, low and high estimates per SA Premium. This is designed to provide a range of valuation estimates - from low to most likely to high - based on analysts' assessments. I could generate my own estimates, but these would likely fall within the same range and would not add to the value of the exercise. This is particularly so in respect of well-established businesses such as Apple. I believe the \"low\" estimates should be considered important. It's prudent to manage risk by knowing the potential worst-case scenarios from whatever cause.Alternative P/E ratios utilized in scenariosThe actual P/E ratios at the share buy date are based on actual non-GAAP EPS for Q2-2023 TTM.A modified average P/E ratio based on 29 quarter-end P/E ratios from Q4 2016 to Q3 2023 and current P/E ratio in Q4 2023. The Q3 and Q4 2023 P/E ratios are based on share price at the end of Q3 2023 and the current share price in Q4 divided by TTM EPS for latest reported earnings through the end of Q2 2023. The average of these P/E ratios has been modified to exclude the three highest and three lowest to remove outliers that might otherwise distort the result.A modified low P/E ratio was calculated using the same data set used for calculating the modified average P/E ratio, and calculated on a similar basis, with the three highest and lowest P/E ratios excluded.A median P/E ratio is calculated using the same data set used for calculating the modified average P/E ratio. Of course, the median is the same whether or not the three highest and lowest P/E ratios are excluded. In the case of Apple, I have chosen to use an assumed P/E ratio of 26.0 in place of the historical median of 22.56 (similar to the average). I have done this to provide an idea of the impact on returns of the multiple decreasing to around halfway between the present level and the historical average.Reliability of EPS estimates (line 18)Line 18 shows the range between high and low EPS estimates. The wider the range, the greater disagreement there is between the most optimistic and the most pessimistic analysts, which tends to suggest greater uncertainty in the estimates. There are 23 analysts covering Apple through the end of 2024. In my experience, a range of 11.4 percentage points difference in EPS growth estimates among analysts is relatively high and suggests a degree of uncertainty, and thus decreased reliability of the estimates.Projected Returns (lines 19 to 45)Lines 25, 35, and 45 show T a range of historical P/E ratio levels, Apple is conservatively indicated to return between negative 36.1% and negative 24.2% average per year through the end of 2024. The negative 36.1% return is based on analysts' low EPS estimates and the negative 24.2% on their high EPS estimates, with a negative 29.5% return based on consensus estimates. Those are the lowest of the returns under the consensus, low, and high EPS scenarios and assume a P/E multiple at Apple's historical low multiple of 16.20. If the multiple were to remain at the present 29.06 at the end of 2024, indicative returns range from 1.8% to 20.6%, with a consensus of 12.3%. At Apple's historical average P/E multiple of 22.34, the indicative returns range from negative 17.4% to negative 2.2%, with consensus of negative 8.9%. However, I believe the more likely outcome is a multiple somewhere between the historical average of 22.34 and the present level of 29.06. At a selected multiple of 26.0, the indicative returns range from negative 6.8% to positive 10.4%, with consensus of positive 2.8%.Checking Apple's \"Equity Bucket\"Table 4.1 Apple's balance sheet - summary formatSA Premium & SEC filingsOver the 6.75 years from the end of September 2016 to the end of Q2 2023, Apple's shareholders' equity decreased by $67.975 billion. This $67.975 billion decrease, is reflected in a decrease of $41.054 billion decrease in Net Assets Used In Operations and an increase of $26.921 billion increase in debt net of cash. Net debt as a percentage of net debt plus equity increased from 13.4% at the end of September 2016 to 43.7% at the end of Q2 2023. Outstanding shares decreased by 5.697 billion from 21.345 billion to 15.648 billion, over the period, due to share repurchases offset in part by shares issued for employee stock compensation. The $67.975 billion decrease in common stock shareholders' equity over the last 6.75 years is analyzed in Table 4.2 below.Table 4.2 Apple's balance sheet - equity sectionSA Premium & SEC filingsI often find companies report earnings that should flow into and increase shareholders' equity. But often the increase in shareholders' equity does not materialize. Also, there can be distributions out of equity that do not benefit shareholders. Hence, the term \"leaky equity bucket.\" I look for evidence of this in my analysis of changes in shareholders' equity.Explanatory comments on Table 4.2 for the period end FY-2016 to end Q2-2023Reported net income (GAAP) over the 6.75-year period totals $489.071 billion, equivalent to diluted net income per share of $27.91.Other comprehensive income includes such things as foreign exchange translation adjustments with respect to buildings, plant, and other facilities located overseas and changes in the valuation of assets in the pension fund - these are not passed through net income as they fluctuate without affecting operations and can easily reverse in a following period. Nevertheless, they do impact the value of shareholders' equity at any point in time. For Apple, these items were negative, decreasing equity by $9.792 billion over the 6.75-year period. This was primarily due to recording a loss due to a change in fair value of marketable debt securities in FY 2022.There were share issues to employees, and these were a significant expense items. The amounts recorded in the income statement and in shareholders' equity, for equity awards to staff totaled $25.661 billion ($1.43 EPS effect) over the 6.75 year period. However, the market value of these shares is estimated to be $71.334 billion ($4.11 EPS effect). The understatement of expense by ~$45 billion is material in the context of GAAP earnings total of ~$489 billion over the 6.75-year period and is concerning from a \"leaky equity bucket\" aspect.By the time we take the above-mentioned items into account, we find, over the 6.75-year period, the reported non-GAAP EPS of $127.91 ($489.071 billion) has decreased to $124.65 ($433.606 billion), added to funds from operations available for distribution to shareholders.Distributions totaled $501.581 billion, comprised of dividends of $95.185 billion and share repurchases, net of issues to staff, of $406.396 billion. These distributions of $501.581 billion exceeded the $433.606 billion of funds available from operations, resulting in the $67.975 billion reduction in Shareholders' equity per Table 4.1 above. The inescapable conclusion is Apple has gone beyond using surplus cash for share repurchases and are borrowing funds for this purpose.Summary and ConclusionsApple's share price is supported by a multiple of 29.06 and it is believed the greater likelihood is this multiple will move back towards the lower historical average of 22.34. Even at a multiple of 26.0 indicative returns through the end of 2024 based on analysts' consensus EPS estimates is a low 2.8% per year. The wide range of analysts' EPS estimates suggests a high degree of uncertainty in relation to future earnings. While continuing share repurchases could continue to boost EPS the current share price does not make share repurchases as attractive as in the past, particularly where funded by increases in net debt. Taking all of the foregoing into account, Apple is downgraded from Buy to Sell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232514820059248,"gmtCreate":1697789847155,"gmtModify":1697789851291,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Its Biden","listText":"Its Biden","text":"Its Biden","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232514820059248","repostId":"1175302760","repostType":2,"repost":{"id":"1175302760","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":1697789233,"share":"https://www.laohu8.com/m/news/1175302760?lang=&edition=full","pubTime":"2023-10-20 16:07","market":"us","language":"en","title":"SolarEdge Shares Dive 23% on Lower Expected 3Q Revenue, 4Q Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1175302760","media":"Tiger Newspress","summary":"SolarEdge Technologies shares dropped 23.67% to $87 in premarket trading on Friday after preliminary third quarter revenue came in below prior guidance, with further pressure on revenue expected in the fourth quarter.The smart energy technology company said it experienced substantial unexpected cancellations and pushouts of existing backlog from its European distributors during the second part of the third quarter. It attributed the cancellations and pushouts to higher-than-expected inventory in","content":"<html><head></head><body><p>SolarEdge Technologies shares dropped 23.67% to $87 in premarket trading on Friday after preliminary third quarter revenue came in below prior guidance, with further pressure on revenue expected in the fourth quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21bbf4cc86d7db31b6e99ddb1561943d\" tg-width=\"800\" tg-height=\"834\"/></p><p>The smart energy technology company said it experienced substantial unexpected cancellations and pushouts of existing backlog from its European distributors during the second part of the third quarter. It attributed the cancellations and pushouts to higher-than-expected inventory in the channels, and slower-than-expected installation rates.</p><p>&#34;In particular, installation rates for the third quarter were much slower at the end of the summer and in September where traditionally there is a rise in installation rates,&#34; Chief Executive Zvi Lando said.</p><p>Third-quarter revenue is now expected to range between $720 million and $730 million, down from prior guidance set between $880 million and $920 million.</p><p>SolarEdge also forecasts significantly lower revenue in the fourth quarter as inventory destocking continues.</p><p>Lando said the adjusted guidance is unrelated to the Israel-Hamas war. He added that while there&#39;s been some impact on daily routines at headquarters, offices and facilities around the world, including those in Israel, are open. The company is manufacturing and providing customer support without interruption.</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>SolarEdge Shares Dive 23% on Lower Expected 3Q Revenue, 4Q Outlook</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\">\nSolarEdge Shares Dive 23% on Lower Expected 3Q Revenue, 4Q Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-10-20 16:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SolarEdge Technologies shares dropped 23.67% to $87 in premarket trading on Friday after preliminary third quarter revenue came in below prior guidance, with further pressure on revenue expected in the fourth quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21bbf4cc86d7db31b6e99ddb1561943d\" tg-width=\"800\" tg-height=\"834\"/></p><p>The smart energy technology company said it experienced substantial unexpected cancellations and pushouts of existing backlog from its European distributors during the second part of the third quarter. It attributed the cancellations and pushouts to higher-than-expected inventory in the channels, and slower-than-expected installation rates.</p><p>&#34;In particular, installation rates for the third quarter were much slower at the end of the summer and in September where traditionally there is a rise in installation rates,&#34; Chief Executive Zvi Lando said.</p><p>Third-quarter revenue is now expected to range between $720 million and $730 million, down from prior guidance set between $880 million and $920 million.</p><p>SolarEdge also forecasts significantly lower revenue in the fourth quarter as inventory destocking continues.</p><p>Lando said the adjusted guidance is unrelated to the Israel-Hamas war. He added that while there&#39;s been some impact on daily routines at headquarters, offices and facilities around the world, including those in Israel, are open. The company is manufacturing and providing customer support without interruption.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SEDG":"SolarEdge Technologies, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175302760","content_text":"SolarEdge Technologies shares dropped 23.67% to $87 in premarket trading on Friday after preliminary third quarter revenue came in below prior guidance, with further pressure on revenue expected in the fourth quarter.The smart energy technology company said it experienced substantial unexpected cancellations and pushouts of existing backlog from its European distributors during the second part of the third quarter. It attributed the cancellations and pushouts to higher-than-expected inventory in the channels, and slower-than-expected installation rates.\"In particular, installation rates for the third quarter were much slower at the end of the summer and in September where traditionally there is a rise in installation rates,\" Chief Executive Zvi Lando said.Third-quarter revenue is now expected to range between $720 million and $730 million, down from prior guidance set between $880 million and $920 million.SolarEdge also forecasts significantly lower revenue in the fourth quarter as inventory destocking continues.Lando said the adjusted guidance is unrelated to the Israel-Hamas war. He added that while there's been some impact on daily routines at headquarters, offices and facilities around the world, including those in Israel, are open. The company is manufacturing and providing customer support without interruption.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":231869984928000,"gmtCreate":1697638942318,"gmtModify":1697640351857,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>screw screw biden n America&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>screw screw biden n America&nbsp;","text":"$NVIDIA Corp(NVDA)$ screw screw biden n America","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/231869984928000","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":225054453317752,"gmtCreate":1695954024372,"gmtModify":1695954920576,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$&nbsp;</a><v-v data-views=\"1\"></v-v>chineseBullishchinese don't like prc. Lol","listText":"<a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$&nbsp;</a><v-v data-views=\"1\"></v-v>chineseBullishchinese don't like prc. Lol","text":"$HSI(HSI)$ chineseBullishchinese don't like prc. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/225054453317752","isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222028678398016,"gmtCreate":1695233393872,"gmtModify":1695233398306,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Easy say is Biden doing. But people is forgetting Biden manifesto during election was to work together with China n i quote : I will do what Trump couldn't. Which us able to work hand in hand with China. Throw Biden or vindicate him&nbsp;","listText":"Easy say is Biden doing. But people is forgetting Biden manifesto during election was to work together with China n i quote : I will do what Trump couldn't. Which us able to work hand in hand with China. Throw Biden or vindicate him&nbsp;","text":"Easy say is Biden doing. But people is forgetting Biden manifesto during election was to work together with China n i quote : I will do what Trump couldn't. Which us able to work hand in hand with China. Throw Biden or vindicate him","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222028678398016","repostId":"2369111568","repostType":2,"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":220200303960088,"gmtCreate":1694781076198,"gmtModify":1694781079065,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ARM\">$ARM Holdings Ltd(ARM)$ </a>&nbsp;sustaining upwards? Doubt it","listText":"<a href=\"https://ttm.financial/S/ARM\">$ARM Holdings Ltd(ARM)$ </a>&nbsp;sustaining upwards? Doubt it","text":"$ARM Holdings Ltd(ARM)$ sustaining upwards? Doubt it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/220200303960088","isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":219806595514480,"gmtCreate":1694693816539,"gmtModify":1694693820946,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"There will be one. Anytime can happen. Big dogs will decide when only","listText":"There will be one. Anytime can happen. Big dogs will decide when only","text":"There will be one. Anytime can happen. Big dogs will decide when only","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219806595514480","repostId":"2367754489","repostType":2,"repost":{"id":"2367754489","pubTimestamp":1694675362,"share":"https://www.laohu8.com/m/news/2367754489?lang=&edition=full","pubTime":"2023-09-14 15:09","market":"us","language":"en","title":"S&P 500: Everything Leads To A Recession, But Not Anytime Soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2367754489","media":"Seekingalpha","summary":"Recent developments in artificial intelligence have brought back euphoria in the financial markets, with the S&P 500 achieving a year-to-date performance of 17%.Key macroeconomic indicators suggest a ","content":"<html><head></head><body><ul style=\"\"><li><p>Recent developments in artificial intelligence have brought back euphoria in the financial markets, with the S&amp;P 500 achieving a year-to-date performance of 17%.</p></li><li><p>Key macroeconomic indicators suggest a potential recession, including refinancing risks, tightening monetary policy, and a correlation between unemployment rate and the S&amp;P 500.</p></li><li><p>However, I believe that a recession is unlikely to occur soon, citing factors such as the need for the yield curve to turn positive again.</p></li><li><p>In the second half of 2022 analysts were almost certain that there would be a recession in 2023; even the Fed thought so. Indeed, with the failure of SVB earlier in the year - that sent us through a bad start, as of today all this negativity seems to be behind us. Recent developments regarding artificial intelligence have brought the euphoria back up in the financial markets, and the S&amp;P 500 (SPY) has achieved a year-to-date performance of 17%.</p></li></ul><p>The labor market is resilient, the stock market is rising, a recession is no longer expected, and inflation is falling. In short, everything seems to be heading in the right direction and the future looks bright. But is this really the case?</p><p>Granted that I do not possess a crystal ball, my thesis is that the market is discounting an overly optimistic scenario, which leads me to doubt the future performance of the S&amp;P 500 (SP500). Key macroeconomic indicators are far from positive, but the market does not seem to care for the time being.</p><h2 id=\"id_1661163399\">First aspect: Refinancing risk</h2><p>When the Fed started raising interest rates in March 2022, we could not have predicted that we would reach the current level.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/692fa3c11041b1e80fdce06fdeff916a\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve Bank of St. Louis</p><p>After years of expansionary monetary policy, in only a year and a half the Fed Funds Rate reached the 2007 level and the cost of borrowing definitely shot up. This was one of the fastest restrictive monetary policy moves in history, and there was not enough time to realize the effects of such a large move. Back then, the market reacted negatively and lost more than 20%, but the bear market was short lived and today we are back in the bubble of euphoria.</p><p>Inflation is coming down and it would seem that the impacts of monetary policy have not affected businesses and households too much, but this is a misperception, in my opinion. Monetary policy never has an immediate effect on the economy; rather, it often has a lag of several months if not years.</p><p>To support this claim I show you a study published recently by the Federal Reserve Bank of Boston.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4264e5d92a1ebf3a8ea6c6361d31473a\" tg-width=\"640\" tg-height=\"360\"/></p><p>Federal Reserve Bank of Boston</p><p>This graph shows how long the Fed Funds Rate increase takes before it&#39;s fully discounted in the corporate interest expense ratio. The moment when the effects are maximized is five quarters after the increase, or one year and three months later. Based on this study, the implications of this in the current macroeconomic environment are staggering.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a2da1b696f242e4e92fb41f53aa41be2\" tg-width=\"640\" tg-height=\"234\"/></p><p>Federal Reserve Bank of St. Louis</p><p>In other words, the fully discounted hikes in the corporate interest expense ratio are only those until June 2022, or 150 bps out of the total 525 bps. Thus, the effects of monetary policy are still in their earliest stages and the most acute period is yet to come. But why does this lag exist?</p><ul style=\"\"><li><p>The first reason is that even if the cost of borrowing increases, firms do not always need to take on debt immediately. It may take months if not years before the debt matures and then needs to be refinanced. Before borrowing at high rates, companies could take advantage of their liquid reserves.</p></li><li><p>The second reason is that we come from a decade of unprecedented expansionary monetary policy. Markets have been doped with liquidity, and before these resources are fully depleted, time is needed.</p></li></ul><p>A rate cut could facilitate the soft-landing scenario, but for now the chances of that happening anytime soon are very low. Inflation is still an issue and the market is discounting the pivot in May 2024. Keeping the Fed Funds Rate high until that point would maximize the effects of tightening monetary policy.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78cc56d90026bb9a2e0cf1b7e02d0624\" tg-width=\"640\" tg-height=\"360\"/></p><p>Federal Reserve Bank of Boston</p><p>Typically, the corporate interest expense ratio has almost always been higher than the Fed Funds Rate. Since rates will remain high for a long time, I expect the current divergence to represent only a temporary situation. In fact, the interest expense ratio already has seen a potential start of an upward trend beginning in mid-2023. By mid-2024, I would not be surprised if it surpasses the Fed Funds Rate.</p><p>Having observed the effects of monetary policy on businesses, let us now see what&#39;s happening to households. They too are having quite a few problems.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5013f2454c1b2b9d855834115d75542\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve Bank of St. Louis</p><p>It had not been since 2000 that a 30-year fixed-rate mortgage cost so much, or just over 7%. Only two years ago it was possible to get it for even less than 3%.</p><p>This increase obviously discourages any investment in the housing market and makes it difficult for a family to buy a new home. The difference between a 30-year mortgage at 3% is abysmal compared to 7%. Assuming a mortgage worth $300k, in the former case the monthly payment is $1,264, in the latter it is $1,995. But the Fed Funds Rate increase does not only affect housing.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d98ba93b8b51b00992ba1e34f468b913\" tg-width=\"640\" tg-height=\"294\"/></p><p>www.forbes.com</p><p>The average credit card interest rate has skyrocketed, reporting figures near 30%. No such level has been reached since the Fed has been monitoring this data (1994). The all-time high was around 16% in the 2000s.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6bbc03d1d6007cfbd2fffd91f223b2ce\" tg-width=\"640\" tg-height=\"160\"/></p><p>www.forbes.com</p><p>Just as with the mortgage, such an increase has a significant impact on household finances. There&#39;s much more interest to be paid, and this reduces disposable income and savings.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/015b3efa2bd1c9eb56a2c67ff4cd2601\" tg-width=\"640\" tg-height=\"218\"/></p><p>Federal Reserve Bank of St. Louis</p><p>The constant monetary stimulus combined with lockdowns had made 2020 and 2021 ideal years for saving money. Indeed, this was the case as we can see from this chart. However, this period was very short lived and now it will be much more complex with such high interest rates.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ff7b6bd6ba3159b2cc6a4c1e9c969c3f\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve Bank of St. Louis</p><p>Finally, I would like to conclude this paragraph with this image. Delinquency rates on credit card loans remain low compared to the historical average and especially to 2008. This is certainly positive, but in recent months this figure has gotten much worse. Debtors are beginning to feel the burden of interest, and since the effects of monetary policy have yet to fully manifest themselves, I doubt there will be any improvement in the coming months. One thing is certain: If this ratio ever rises too much, the stock market cannot ignore it.</p><h2 id=\"id_2601151594\">Second aspect: Tightening does not please the markets</h2><p>As anticipated earlier, the stock market has been accustomed over the past decade to continuous quantitative easing that has resulted in one of the most bullish periods ever. However, sooner or later the consequences must be faced.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f5e2600a2bb3f8cfa8ee7e6b47f6c29\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve Bank of St. Louis</p><p>Both during the great financial crisis and during the pandemic, the injection of liquidity into the system was unprecedented in history, but today we are in a totally different context. Inflation is high, so it&#39;s necessary to keep the Fed Funds Rate high, and the liquidity injected in previous years will be gradually drained. This process is called quantitative tightening and is applied simply by not rolling over maturing assets within the Fed&#39;s balance sheet.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0af0b6a0add0c4e5a18e5a2dbe23efc0\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve Bank of St. Louis</p><p>Of course, not all the liquidity injected will be drained, only part of it. This process began in April 2022 and has drained $864 billion so far.</p><p>By relating the M2 monetary aggregate and the S&amp;P 500, their correlation is obvious. So, if the former is gradually falling, it&#39;s unlikely that the latter will not be affected.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d3cb3a56ee1e6ed588e81e5a27d6be7\" tg-width=\"640\" tg-height=\"343\"/></p><p>TradingView</p><p>Typically, the monetary aggregate M2 tends to rise over the long run, as does the S&amp;P 500, but there are times in the short run when the correlation is more or less pronounced. In the case of the pandemic, the market began its ascent at the time when monetary stimulus increased M2. Today, however, the correlation is less pronounced. M2 is gradually falling but the S&amp;P 500 is challenging all-time highs. In my view this divergence is not sustainable. Since I doubt that the Fed will increase M2 in the short to medium term, I expect S&amp;P 500 to converge downward reestablishing the correlation.</p><p>Finally, keeping with the tightening theme, commercial banks are adjusting their standards for commercial and industrial loans.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/11d40ab140ec70269d8037613e2bb0ce\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve Bank of St. Louis</p><p>Historically, when banks tend to ask for more collateral before lending it&#39;s because the macroeconomic environment is fragile. Since 1998, when this figure exceeded 60% there has always been a recession. Today we&#39;re at 50.80% and the trend is upward. With interest rates set to be high for the next few months, I don&#39;t see how this dilemma can be solved.</p><h2 id=\"id_511782348\">Third aspect: Correlation between unemployment rate and S&amp;P 500</h2><p>One of the main factors underpinning bullish theses on the S&amp;P 500 is based on the resilience of the labor market. The unemployment rate has remained at historic lows despite the sharp rise in the Fed Funds Rate, a signal that the economy has not experienced a major contraction.</p><p>In this respect I agree, in fact all of this is a positive sign. However, as I have already said at length, I believe that the full effects of monetary policy have yet to manifest themselves. At that point, the unemployment rate could rise quickly.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2669e71f3b7993d896501e0b4df78eb5\" tg-width=\"640\" tg-height=\"353\"/></p><p>Game of Trades</p><p>As we can see from this picture, recessions always are accompanied by a rising unemployment rate, and the bottom always comes before the highest level is reached.</p><p>We&#39;re currently at 3.80%, the highest level since February 2022. For August 2023, analysts expected a lower value of 30 bps. For now, employment remains the strength of the U.S. economy, but then again, that&#39;s always the case before a recession.</p><p>If we wanted to reason about the right timing for investing, we should buy the S&amp;P 500 when the unemployment rate is high not when it&#39;s at historic lows as it is now. In general, when employment is that high, it&#39;s much more likely to get worse than to get even better.</p><h2 id=\"id_904099168\">Fourth aspect: LEI index and yield curve</h2><p>The last two aspects I want to cover in this article are the study of the yield curve and the LEI index. Both are very accurate indicators when it comes to predicting a recession. Let&#39;s start with the former.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/665d741ba1c9677cddd9ead9d882e215\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve Bank of St. Louis</p><p>Subtracting the 3-month Treasury yield from the 10-year Treasury we get the figure shown above. As we can see, since the 1980s, when the spread fell below 0%, a recession followed in the following months/years. When the yield curve is inverted, financial intermediaries are unable to operate in the usual market conditions, and this leads to an economic slowdown/recession. In fact, banks used to borrow money in the short term in order to employ it in the long term, but if short-term rates are higher than long term rates, the mechanism stalls. The inverted yield curve is synonymous with an economy in trouble, and we&#39;re in that phase today.</p><p>Having said that, I would like to clarify one last point that is often misunderstood: Recession does not occur at the moment when the yield curve inverts, but at the moment when the spread becomes positive again. This is a crucial aspect that would explain why there has been no recession so far. For it to happen, it&#39;s necessary for the Fed to start cutting interest rates, but this is not expected before May 2024.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ebd64778986ed32e0217c95becf58f1\" tg-width=\"640\" tg-height=\"398\"/></p><p>The Conference Board</p><p>As for the LEI index, the argument is similar: We&#39;re well below the signal that indicates the risk of a recession. In the past this indicator has also been 100% accurate (at least from 2000 onward).</p><p>Economics is not as certain a science as mathematics, so we cannot be sure of predicting a recession through these two indicators. Anyway, assuming that there will be no recession means going against a statistic that has so far experienced the maximum accuracy.</p><h2 id=\"id_3314809821\">My point of view regarding the recession</h2><p>Key macroeconomic indicators are signaling that we are at the dawn of a new recession, however, I do not think it is appropriate to create alarmism.</p><p>First of all, recessions should not be seen as only a negative event but as an opportunity to buy great companies at a discount.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e1ba79a7667298430f992b2cc10fb09\" tg-width=\"640\" tg-height=\"279\"/></p><p>St. Louis Fred &amp; Morningstar</p><p>The S&amp;P 500 has overcome all kinds of difficulties over the long term, including wars, world pandemics, and terrorist attacks. Most of the time this index performs positively, and it&#39;s inevitable that there also are downturns. Moreover, the average length of a recession is not even high, between 2 months and 18 months: Typically the market bottom comes even before the end. In short, the term recession should not be scary for those who keep their nerves in check and have a portfolio composed of solid companies with a competitive advantage. What we&#39;re experiencing today will have minimal impact for those who invest for the long term.</p><p>Second, this recession is unlikely to occur anytime soon. There are mainly four reasons for this:</p><ul style=\"\"><li><p>The first is that based on the study of the yield curve, before the recession occurs it is required that the 10yrs-3month differential turns positive again. For this to happen, the Fed would have to cut rates and it&#39;s unlikely before May 2024. As long as the spread remains negative, the evidence leads us to assume that there will be no recession. We are currently well below the 0% threshold.</p></li><li><p>The second is that the huge liquidity injection of the last decade is postponing the recession. There&#39;s still a lot of liquidity available and not all companies have already refinanced their debt at higher rates. It&#39;s a process that takes time as we saw earlier in the study published by the Federal Reserve Bank of Boston. We need at least another 5-6 months to maximize the effects of restrictive monetary policy.</p></li><li><p>The third is that, relying on statistics one more time, the performance of the last 4 months of 2023 is likely to be positive.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/976fda7c35dae4ca0557f404c4ca5311\" tg-width=\"640\" tg-height=\"420\"/></p><p>BMO capital Markets Investment Strategy Group, FactSet</p><p>When the return of the S&amp;P 500 between January and August exceeds 15%, typically the next four months show a positive performance. The only exceptions were in 1986 and 1987. However, in the case of 1987 we&#39;re talking about an atypical situation dictated by the famous Black Monday in which there was a collapse of more than 20% in a single trading day. The odds of that event were 1 in 1 trillion, which is why I consider it an outlier in this list. Based on this statistic, the return of the S&amp;P 500 will be 87% positive between September and December 2023, probably around 4.30%. Of course, it could happen that we are in the 13% range, but I personally always prefer to stand in favor of the statistic.</p><ul style=\"\"><li><p>The fourth is that there&#39;s still too much hype in the financial markets, and we can see this in the price per share of companies like Nvidia (NVDA) and Tesla (TSLA). The artificial intelligence bubble triggered the recovery of the S&amp;P 500 and I doubt it&#39;s about to burst in these months.</p></li></ul><p>For all these reasons I believe that at least in 2023 there will be no recession; a different matter for mid-2024. By that time I believe the Fed already has started cutting rates, the unemployment rate has risen, and the banks will be at the peak of stress. I hope that at least the inflation problem will be solved, otherwise the Fed Funds Rate reduction may be slower than expected.</p><p>I would like to make it clear that this represents only my opinion and I could be wrong even though statistics seem to be on my side. I do not claim to predict with certainty the performance of the S&amp;P 500 in the coming months, and frankly I do not feel the need to do so either. Doing market timing most of the time is a fallacious strategy at the end of the day given the unpredictability of the future. Sometimes it is better not to overcomplicate things and simplify them as much as possible.</p><p>Recession or not, my strategy will continue to be the same: Buy solid companies when they are at a discount. I welcome the recession, so I will have more investment opportunities since they are scarce today. There&#39;s still too much hype about the stock market, and perhaps it&#39;s time to focus more on bonds. The latter may be the subject of a future article.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500: Everything Leads To A Recession, But Not Anytime 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\">\nS&P 500: Everything Leads To A Recession, But Not Anytime Soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-14 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4634957-s-and-p-500-everything-leads-to-a-recession-but-not-anytime-soon><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Recent developments in artificial intelligence have brought back euphoria in the financial markets, with the S&P 500 achieving a year-to-date performance of 17%.Key macroeconomic indicators suggest a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4634957-s-and-p-500-everything-leads-to-a-recession-but-not-anytime-soon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4634957-s-and-p-500-everything-leads-to-a-recession-but-not-anytime-soon","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2367754489","content_text":"Recent developments in artificial intelligence have brought back euphoria in the financial markets, with the S&P 500 achieving a year-to-date performance of 17%.Key macroeconomic indicators suggest a potential recession, including refinancing risks, tightening monetary policy, and a correlation between unemployment rate and the S&P 500.However, I believe that a recession is unlikely to occur soon, citing factors such as the need for the yield curve to turn positive again.In the second half of 2022 analysts were almost certain that there would be a recession in 2023; even the Fed thought so. Indeed, with the failure of SVB earlier in the year - that sent us through a bad start, as of today all this negativity seems to be behind us. Recent developments regarding artificial intelligence have brought the euphoria back up in the financial markets, and the S&P 500 (SPY) has achieved a year-to-date performance of 17%.The labor market is resilient, the stock market is rising, a recession is no longer expected, and inflation is falling. In short, everything seems to be heading in the right direction and the future looks bright. But is this really the case?Granted that I do not possess a crystal ball, my thesis is that the market is discounting an overly optimistic scenario, which leads me to doubt the future performance of the S&P 500 (SP500). Key macroeconomic indicators are far from positive, but the market does not seem to care for the time being.First aspect: Refinancing riskWhen the Fed started raising interest rates in March 2022, we could not have predicted that we would reach the current level.Federal Reserve Bank of St. LouisAfter years of expansionary monetary policy, in only a year and a half the Fed Funds Rate reached the 2007 level and the cost of borrowing definitely shot up. This was one of the fastest restrictive monetary policy moves in history, and there was not enough time to realize the effects of such a large move. Back then, the market reacted negatively and lost more than 20%, but the bear market was short lived and today we are back in the bubble of euphoria.Inflation is coming down and it would seem that the impacts of monetary policy have not affected businesses and households too much, but this is a misperception, in my opinion. Monetary policy never has an immediate effect on the economy; rather, it often has a lag of several months if not years.To support this claim I show you a study published recently by the Federal Reserve Bank of Boston.Federal Reserve Bank of BostonThis graph shows how long the Fed Funds Rate increase takes before it's fully discounted in the corporate interest expense ratio. The moment when the effects are maximized is five quarters after the increase, or one year and three months later. Based on this study, the implications of this in the current macroeconomic environment are staggering.Federal Reserve Bank of St. LouisIn other words, the fully discounted hikes in the corporate interest expense ratio are only those until June 2022, or 150 bps out of the total 525 bps. Thus, the effects of monetary policy are still in their earliest stages and the most acute period is yet to come. But why does this lag exist?The first reason is that even if the cost of borrowing increases, firms do not always need to take on debt immediately. It may take months if not years before the debt matures and then needs to be refinanced. Before borrowing at high rates, companies could take advantage of their liquid reserves.The second reason is that we come from a decade of unprecedented expansionary monetary policy. Markets have been doped with liquidity, and before these resources are fully depleted, time is needed.A rate cut could facilitate the soft-landing scenario, but for now the chances of that happening anytime soon are very low. Inflation is still an issue and the market is discounting the pivot in May 2024. Keeping the Fed Funds Rate high until that point would maximize the effects of tightening monetary policy.Federal Reserve Bank of BostonTypically, the corporate interest expense ratio has almost always been higher than the Fed Funds Rate. Since rates will remain high for a long time, I expect the current divergence to represent only a temporary situation. In fact, the interest expense ratio already has seen a potential start of an upward trend beginning in mid-2023. By mid-2024, I would not be surprised if it surpasses the Fed Funds Rate.Having observed the effects of monetary policy on businesses, let us now see what's happening to households. They too are having quite a few problems.Federal Reserve Bank of St. LouisIt had not been since 2000 that a 30-year fixed-rate mortgage cost so much, or just over 7%. Only two years ago it was possible to get it for even less than 3%.This increase obviously discourages any investment in the housing market and makes it difficult for a family to buy a new home. The difference between a 30-year mortgage at 3% is abysmal compared to 7%. Assuming a mortgage worth $300k, in the former case the monthly payment is $1,264, in the latter it is $1,995. But the Fed Funds Rate increase does not only affect housing.www.forbes.comThe average credit card interest rate has skyrocketed, reporting figures near 30%. No such level has been reached since the Fed has been monitoring this data (1994). The all-time high was around 16% in the 2000s.www.forbes.comJust as with the mortgage, such an increase has a significant impact on household finances. There's much more interest to be paid, and this reduces disposable income and savings.Federal Reserve Bank of St. LouisThe constant monetary stimulus combined with lockdowns had made 2020 and 2021 ideal years for saving money. Indeed, this was the case as we can see from this chart. However, this period was very short lived and now it will be much more complex with such high interest rates.Federal Reserve Bank of St. LouisFinally, I would like to conclude this paragraph with this image. Delinquency rates on credit card loans remain low compared to the historical average and especially to 2008. This is certainly positive, but in recent months this figure has gotten much worse. Debtors are beginning to feel the burden of interest, and since the effects of monetary policy have yet to fully manifest themselves, I doubt there will be any improvement in the coming months. One thing is certain: If this ratio ever rises too much, the stock market cannot ignore it.Second aspect: Tightening does not please the marketsAs anticipated earlier, the stock market has been accustomed over the past decade to continuous quantitative easing that has resulted in one of the most bullish periods ever. However, sooner or later the consequences must be faced.Federal Reserve Bank of St. LouisBoth during the great financial crisis and during the pandemic, the injection of liquidity into the system was unprecedented in history, but today we are in a totally different context. Inflation is high, so it's necessary to keep the Fed Funds Rate high, and the liquidity injected in previous years will be gradually drained. This process is called quantitative tightening and is applied simply by not rolling over maturing assets within the Fed's balance sheet.Federal Reserve Bank of St. LouisOf course, not all the liquidity injected will be drained, only part of it. This process began in April 2022 and has drained $864 billion so far.By relating the M2 monetary aggregate and the S&P 500, their correlation is obvious. So, if the former is gradually falling, it's unlikely that the latter will not be affected.TradingViewTypically, the monetary aggregate M2 tends to rise over the long run, as does the S&P 500, but there are times in the short run when the correlation is more or less pronounced. In the case of the pandemic, the market began its ascent at the time when monetary stimulus increased M2. Today, however, the correlation is less pronounced. M2 is gradually falling but the S&P 500 is challenging all-time highs. In my view this divergence is not sustainable. Since I doubt that the Fed will increase M2 in the short to medium term, I expect S&P 500 to converge downward reestablishing the correlation.Finally, keeping with the tightening theme, commercial banks are adjusting their standards for commercial and industrial loans.Federal Reserve Bank of St. LouisHistorically, when banks tend to ask for more collateral before lending it's because the macroeconomic environment is fragile. Since 1998, when this figure exceeded 60% there has always been a recession. Today we're at 50.80% and the trend is upward. With interest rates set to be high for the next few months, I don't see how this dilemma can be solved.Third aspect: Correlation between unemployment rate and S&P 500One of the main factors underpinning bullish theses on the S&P 500 is based on the resilience of the labor market. The unemployment rate has remained at historic lows despite the sharp rise in the Fed Funds Rate, a signal that the economy has not experienced a major contraction.In this respect I agree, in fact all of this is a positive sign. However, as I have already said at length, I believe that the full effects of monetary policy have yet to manifest themselves. At that point, the unemployment rate could rise quickly.Game of TradesAs we can see from this picture, recessions always are accompanied by a rising unemployment rate, and the bottom always comes before the highest level is reached.We're currently at 3.80%, the highest level since February 2022. For August 2023, analysts expected a lower value of 30 bps. For now, employment remains the strength of the U.S. economy, but then again, that's always the case before a recession.If we wanted to reason about the right timing for investing, we should buy the S&P 500 when the unemployment rate is high not when it's at historic lows as it is now. In general, when employment is that high, it's much more likely to get worse than to get even better.Fourth aspect: LEI index and yield curveThe last two aspects I want to cover in this article are the study of the yield curve and the LEI index. Both are very accurate indicators when it comes to predicting a recession. Let's start with the former.Federal Reserve Bank of St. LouisSubtracting the 3-month Treasury yield from the 10-year Treasury we get the figure shown above. As we can see, since the 1980s, when the spread fell below 0%, a recession followed in the following months/years. When the yield curve is inverted, financial intermediaries are unable to operate in the usual market conditions, and this leads to an economic slowdown/recession. In fact, banks used to borrow money in the short term in order to employ it in the long term, but if short-term rates are higher than long term rates, the mechanism stalls. The inverted yield curve is synonymous with an economy in trouble, and we're in that phase today.Having said that, I would like to clarify one last point that is often misunderstood: Recession does not occur at the moment when the yield curve inverts, but at the moment when the spread becomes positive again. This is a crucial aspect that would explain why there has been no recession so far. For it to happen, it's necessary for the Fed to start cutting interest rates, but this is not expected before May 2024.The Conference BoardAs for the LEI index, the argument is similar: We're well below the signal that indicates the risk of a recession. In the past this indicator has also been 100% accurate (at least from 2000 onward).Economics is not as certain a science as mathematics, so we cannot be sure of predicting a recession through these two indicators. Anyway, assuming that there will be no recession means going against a statistic that has so far experienced the maximum accuracy.My point of view regarding the recessionKey macroeconomic indicators are signaling that we are at the dawn of a new recession, however, I do not think it is appropriate to create alarmism.First of all, recessions should not be seen as only a negative event but as an opportunity to buy great companies at a discount.St. Louis Fred & MorningstarThe S&P 500 has overcome all kinds of difficulties over the long term, including wars, world pandemics, and terrorist attacks. Most of the time this index performs positively, and it's inevitable that there also are downturns. Moreover, the average length of a recession is not even high, between 2 months and 18 months: Typically the market bottom comes even before the end. In short, the term recession should not be scary for those who keep their nerves in check and have a portfolio composed of solid companies with a competitive advantage. What we're experiencing today will have minimal impact for those who invest for the long term.Second, this recession is unlikely to occur anytime soon. There are mainly four reasons for this:The first is that based on the study of the yield curve, before the recession occurs it is required that the 10yrs-3month differential turns positive again. For this to happen, the Fed would have to cut rates and it's unlikely before May 2024. As long as the spread remains negative, the evidence leads us to assume that there will be no recession. We are currently well below the 0% threshold.The second is that the huge liquidity injection of the last decade is postponing the recession. There's still a lot of liquidity available and not all companies have already refinanced their debt at higher rates. It's a process that takes time as we saw earlier in the study published by the Federal Reserve Bank of Boston. We need at least another 5-6 months to maximize the effects of restrictive monetary policy.The third is that, relying on statistics one more time, the performance of the last 4 months of 2023 is likely to be positive.BMO capital Markets Investment Strategy Group, FactSetWhen the return of the S&P 500 between January and August exceeds 15%, typically the next four months show a positive performance. The only exceptions were in 1986 and 1987. However, in the case of 1987 we're talking about an atypical situation dictated by the famous Black Monday in which there was a collapse of more than 20% in a single trading day. The odds of that event were 1 in 1 trillion, which is why I consider it an outlier in this list. Based on this statistic, the return of the S&P 500 will be 87% positive between September and December 2023, probably around 4.30%. Of course, it could happen that we are in the 13% range, but I personally always prefer to stand in favor of the statistic.The fourth is that there's still too much hype in the financial markets, and we can see this in the price per share of companies like Nvidia (NVDA) and Tesla (TSLA). The artificial intelligence bubble triggered the recovery of the S&P 500 and I doubt it's about to burst in these months.For all these reasons I believe that at least in 2023 there will be no recession; a different matter for mid-2024. By that time I believe the Fed already has started cutting rates, the unemployment rate has risen, and the banks will be at the peak of stress. I hope that at least the inflation problem will be solved, otherwise the Fed Funds Rate reduction may be slower than expected.I would like to make it clear that this represents only my opinion and I could be wrong even though statistics seem to be on my side. I do not claim to predict with certainty the performance of the S&P 500 in the coming months, and frankly I do not feel the need to do so either. Doing market timing most of the time is a fallacious strategy at the end of the day given the unpredictability of the future. Sometimes it is better not to overcomplicate things and simplify them as much as possible.Recession or not, my strategy will continue to be the same: Buy solid companies when they are at a discount. I welcome the recession, so I will have more investment opportunities since they are scarce today. There's still too much hype about the stock market, and perhaps it's time to focus more on bonds. The latter may be the subject of a future article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":219669426610200,"gmtCreate":1694649458279,"gmtModify":1694649462839,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Terminator coming soon","listText":"Terminator coming soon","text":"Terminator coming soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219669426610200","repostId":"2367854806","repostType":2,"repost":{"id":"2367854806","pubTimestamp":1694618092,"share":"https://www.laohu8.com/m/news/2367854806?lang=&edition=full","pubTime":"2023-09-13 23:14","market":"us","language":"en","title":"1 Chip Stock to Buy and Hold for the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2367854806","media":"Motley Fool","summary":"Nvidia's operating results are getting better and better. Despite its rich valuation, long-term investors may want to begin scooping up shares of this AI chip leader.","content":"<html><head></head><body><p>Whether it&#39;s speculation over a company&#39;s advancements in artificial intelligence (AI) or a return to growth for formerly high-flying software stocks, odds are you&#39;ve been jumping for joy so far this year if you&#39;re a technology investor. The tech-heavy Nasdaq Composite index is up over 30% year to date, and it could be heading even higher.</p><p>One stock in particular comes to my mind when I think of this strong rally: semiconductor and AI specialist <a href=\"https://laohu8.com/S/NVDA\">Nvidia </a>. In fact, it&#39;s so far ahead of the pack that it could be making history right before our eyes.</p><p>After Nvidia joined the trillion-dollar market cap club earlier this year, it was natural for some to believe the hype was more about the narrative of its AI roadmap and less about its underlying fundamentals. However, the company followed up its stellar fiscal Q1 earnings report with an even bigger blowout in Q2. </p><p>Up over 200% year to date, Nvidia is indeed expensive, even for a growth stock. Nonetheless, after understanding its latest results, you&#39;ll see now is still a good opportunity to initiate a long-term position. </p><h2 id=\"id_2699977936\">The poster child of AI</h2><p>For its fiscal 2024 Q1 (ended April 30), Nvidia reported total revenue of $7.2 billion. While this was good for 19% growth from the prior quarter, it represented a year-over-year decline of 13%. Yet, since the company published those results in late May, Nvidia stock is up almost 50%. Why?</p><p>Well, when analyzing the segment operating results, investors learned that Nvidia achieved record revenue in its data center business during the quarter. Although this was encouraging to see, management&#39;s outlook for the next quarter was what really took investors by surprise.</p><p>During the earnings call, management guided for fiscal Q2 (ended July 30) revenue to surge 64% year over year to $11.0 billion. Even more impressive, the company ended up blowing past its own expectations and clocked in with $13.5 billion in revenue for the quarter. Nvidia set another record in its data center business, which accounted for roughly three-quarters of the top line.</p><p>It&#39;s pretty obvious that Nvidia&#39;s AI product suite is in high demand. But given the staggering results highlighted above, it&#39;s hard to imagine how much better things can get. Right? Not so fast.</p><h2 id=\"id_590103908\">What&#39;s next?</h2><p>If the financial picture above is not enough to raise your eyebrows, consider Nvidia&#39;s fiscal Q3 guidance, which calls for revenue to climb 170% to $16.0 billion. And to make things even better, Nvidia is financing all of this growth profitably. So far this year, the company has generated $8.7 billion of free cash flow, quadrupling its tally from the year-ago period.</p><p>But Nvidia faces two challenges. The first is waning demand. Over the last year, many companies, particularly in the tech sector, resorted to layoffs to reduce expenses. Because interest rates remain high (raising the cost of borrowing) and because inflation lingers above the Federal Reserve&#39;s 2% target, I suspect that companies across all industry sectors will be watching their expenses and cash flow carefully. Nvidia&#39;s premium AI products may have to compete with cheaper alternatives.</p><p>Nvidia also faces a challenge from the U.S. government. Because of concerns about national security, the government has become cautious about making advanced semiconductor chips available to some nations, including China and Russia.</p><p>These could eventually become serious challenges, but it&#39;s too early to tell what the long-run implications will be for Nvidia. So far, the affected regions have not affected the momentum Nvidia is seeing with its global demand, and management doesn&#39;t seem overly concerned about this threat to the company&#39;s growth, at least in the near term.</p><h2 id=\"id_2945270871\">Should you buy the stock?</h2><p>Following Nvidia&#39;s fiscal Q2 results, Wall Street analysts did not hold back with their price targets. <strong>Citigroup</strong> and <strong>Morgan Stanley</strong> both have a $630 price target for the stock, which implies roughly 40% upside from current trading levels. <strong>Bank of America</strong> and <strong>Truist</strong> are slightly more optimistic with respective price targets of $650 and $668. However, Rosenblatt Securities takes the crown with its $1,100 price target.</p><p>Although it&#39;s nice to see broad optimism on the Street, the company&#39;s valuation is raising eyebrows too.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a39cf585ff2171ca4e5f80217142bf34\" tg-width=\"720\" tg-height=\"565\"/></p><p>Data by YCharts.</p><p>Nvidia&#39;s price-to-sales and price-to-free-cash-flow multiples sit far above those for peer companies like <strong>AMD</strong>, <strong>Qualcomm</strong>, and <strong>Taiwan Semiconductor</strong>. But the graphs also show that these multiples have dropped considerably recently as its data center growth plays catch up.</p><p>The best chance for an investor to average down in price is a material miss in earnings or a considerable market pullback. However, neither of these things is guaranteed. For this reason, initiating a small position in Nvidia at its current level is still a good call for long-term investors looking for exposure to a best-in-class AI opportunity. </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>1 Chip Stock to Buy and Hold for the Next Decade</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\">\n1 Chip Stock to Buy and Hold for the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-13 23:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/09/13/1-chip-stock-to-buy-and-hold-for-the-next-decade/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Whether it's speculation over a company's advancements in artificial intelligence (AI) or a return to growth for formerly high-flying software stocks, odds are you've been jumping for joy so far this ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/09/13/1-chip-stock-to-buy-and-hold-for-the-next-decade/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2023/09/13/1-chip-stock-to-buy-and-hold-for-the-next-decade/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2367854806","content_text":"Whether it's speculation over a company's advancements in artificial intelligence (AI) or a return to growth for formerly high-flying software stocks, odds are you've been jumping for joy so far this year if you're a technology investor. The tech-heavy Nasdaq Composite index is up over 30% year to date, and it could be heading even higher.One stock in particular comes to my mind when I think of this strong rally: semiconductor and AI specialist Nvidia . In fact, it's so far ahead of the pack that it could be making history right before our eyes.After Nvidia joined the trillion-dollar market cap club earlier this year, it was natural for some to believe the hype was more about the narrative of its AI roadmap and less about its underlying fundamentals. However, the company followed up its stellar fiscal Q1 earnings report with an even bigger blowout in Q2. Up over 200% year to date, Nvidia is indeed expensive, even for a growth stock. Nonetheless, after understanding its latest results, you'll see now is still a good opportunity to initiate a long-term position. The poster child of AIFor its fiscal 2024 Q1 (ended April 30), Nvidia reported total revenue of $7.2 billion. While this was good for 19% growth from the prior quarter, it represented a year-over-year decline of 13%. Yet, since the company published those results in late May, Nvidia stock is up almost 50%. Why?Well, when analyzing the segment operating results, investors learned that Nvidia achieved record revenue in its data center business during the quarter. Although this was encouraging to see, management's outlook for the next quarter was what really took investors by surprise.During the earnings call, management guided for fiscal Q2 (ended July 30) revenue to surge 64% year over year to $11.0 billion. Even more impressive, the company ended up blowing past its own expectations and clocked in with $13.5 billion in revenue for the quarter. Nvidia set another record in its data center business, which accounted for roughly three-quarters of the top line.It's pretty obvious that Nvidia's AI product suite is in high demand. But given the staggering results highlighted above, it's hard to imagine how much better things can get. Right? Not so fast.What's next?If the financial picture above is not enough to raise your eyebrows, consider Nvidia's fiscal Q3 guidance, which calls for revenue to climb 170% to $16.0 billion. And to make things even better, Nvidia is financing all of this growth profitably. So far this year, the company has generated $8.7 billion of free cash flow, quadrupling its tally from the year-ago period.But Nvidia faces two challenges. The first is waning demand. Over the last year, many companies, particularly in the tech sector, resorted to layoffs to reduce expenses. Because interest rates remain high (raising the cost of borrowing) and because inflation lingers above the Federal Reserve's 2% target, I suspect that companies across all industry sectors will be watching their expenses and cash flow carefully. Nvidia's premium AI products may have to compete with cheaper alternatives.Nvidia also faces a challenge from the U.S. government. Because of concerns about national security, the government has become cautious about making advanced semiconductor chips available to some nations, including China and Russia.These could eventually become serious challenges, but it's too early to tell what the long-run implications will be for Nvidia. So far, the affected regions have not affected the momentum Nvidia is seeing with its global demand, and management doesn't seem overly concerned about this threat to the company's growth, at least in the near term.Should you buy the stock?Following Nvidia's fiscal Q2 results, Wall Street analysts did not hold back with their price targets. Citigroup and Morgan Stanley both have a $630 price target for the stock, which implies roughly 40% upside from current trading levels. Bank of America and Truist are slightly more optimistic with respective price targets of $650 and $668. However, Rosenblatt Securities takes the crown with its $1,100 price target.Although it's nice to see broad optimism on the Street, the company's valuation is raising eyebrows too.Data by YCharts.Nvidia's price-to-sales and price-to-free-cash-flow multiples sit far above those for peer companies like AMD, Qualcomm, and Taiwan Semiconductor. But the graphs also show that these multiples have dropped considerably recently as its data center growth plays catch up.The best chance for an investor to average down in price is a material miss in earnings or a considerable market pullback. However, neither of these things is guaranteed. For this reason, initiating a small position in Nvidia at its current level is still a good call for long-term investors looking for exposure to a best-in-class AI opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":212559955759224,"gmtCreate":1692934454515,"gmtModify":1692934459037,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Yeap. Just short it","listText":"Yeap. Just short it","text":"Yeap. Just short it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/212559955759224","repostId":"2362399814","repostType":2,"repost":{"id":"2362399814","pubTimestamp":1692934288,"share":"https://www.laohu8.com/m/news/2362399814?lang=&edition=full","pubTime":"2023-08-25 11:31","market":"us","language":"en","title":"VinFast: Significantly Overvalued","url":"https://stock-news.laohu8.com/highlight/detail?id=2362399814","media":"Seeking Alpha","summary":"VinFast's market cap of over $85 billion is likely the result of a small float.The company's financials are abysmal, with low revenue, deeply negative gross margins, a large debt load, and a negative ","content":"<html><head></head><body><ul><li><p>VinFast&#39;s market cap of over $85 billion is likely the result of a small float.</p></li><li><p>The company&#39;s financials are abysmal, with low revenue, deeply negative gross margins, a large debt load, and a negative book value.</p></li><li><p>The competitive nature of the EV market and the need for capex funding further add to the risks of investing in VinFast.</p></li><li><p>We believe the company is extremely overvalued and that investors should stay far away.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5dfb2ba49a2e609c3afec44582aa4200\" alt=\"Alex Wong\" title=\"Alex Wong\" tg-width=\"750\" tg-height=\"500\"/><span>Alex Wong</span></p><h2 id=\"id_311020855\">Thesis</h2><p>After their post-IPO surge, VinFast (NASDAQ:VFS) now has a market cap of over $85 billion. This appears to be an overly optimistic valuation and is likely the result of a small float which will eventually get much larger. The company is in a terrible financial position and future dilution is likely. Even in a highly optimistic scenario the company will have difficulty growing into their current valuation. In our opinion, the company is overvalued and investors should stay far away from this stock.</p><h2 id=\"id_1754247175\">Meteoric Rise</h2><p>For those of you unfamiliar with the company, VinFast is a Vietnamese EV startup founded in 2017 that is seeking to expand into North America as well as continue to sell in Southeast Asia. The company currently has a limited lineup of EV models and is seeking to expand their offerings over the coming years. Their goal of expanding in both geographies served and available models will require a significant amount of capex.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/83ba4be717c840ef853ca71aabff487d\" alt=\"VinFast Company Presentation August 2023\" title=\"VinFast Company Presentation August 2023\" tg-width=\"640\" tg-height=\"318\"/><span>VinFast Company Presentation August 2023</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5352fca158f8ca4979e305004bd5bf3d\" alt=\"VinFast Company Presentation August 2023\" title=\"VinFast Company Presentation August 2023\" tg-width=\"640\" tg-height=\"304\"/><span>VinFast Company Presentation August 2023</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5789a6f5ccd37449b514d5d01c3f771c\" alt=\"VinFast Company Presentation August 2023\" title=\"VinFast Company Presentation August 2023\" tg-width=\"640\" tg-height=\"255\"/><span>VinFast Company Presentation August 2023</span></p><p>VinFast went public via a SPAC merger on August 14. Since then, the stock has rocketed up from the roughly $10 a share SPAC price to over $36. This puts their current market cap at over $85 billion, a value which is well above many of their EV startup peers as well as legacy auto. On the surface, this is an impressive feat for a startup competing in a highly competitive market. Unfortunately for investors, what&#39;s under the hood is ugly.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/25156316ffebd1645e1131a3e8e3f701\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"417\"/><span>Data by YCharts</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b14cc49bd8e71032a4be7b46b83f18cd\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"501\"/><span>Data by YCharts</span></p><h2 id=\"id_3190688647\">House of Cards</h2><p>Many investors are probably wondering why VinFast is valued so highly. In our opinion, the major reason is likely due to a low float. According to Forbes, &#34;<em>Pham Nhat Vuong, chairman of VinFast’s parent company in Vietnam, controlled at a minimum 99.1% of the company’s shares before it merged with Black Spade. The company declined to say what exact percentage of shares outstanding are currently publicly traded</em>&#34;. On top of this, shareholders of Black Spade Acquisition redeemed over 80% of the shares in the SPAC vehicle before the merger took place. The end result of these factors is an insanely small float available for trade, and a stock that is highly volatile and easy to move.</p><p>This would be fine if the company was an established business that could justify their valuation with fundamentals, however, this is not the case. In the quarter ended March 31, 2023 the company had revenue of just $83 million, gross margins of -193%, and a net loss of $597 million. The company is drowning in both hard debt (short and long term conventional debt) and soft debt (payables, etc). As of March 31 they had a book value of -$2.1 billion. On top of weak fundamentals and an unproven business, the company will likely need to dilute shareholders to fund capex.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7efd667094293535407e2add4e464553\" alt=\"Income Statement (VinFast Form 20-F)\" title=\"Income Statement (VinFast Form 20-F)\" tg-width=\"640\" tg-height=\"502\"/><span>Income Statement (VinFast Form 20-F)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa532431ca6af8f9201c3f02aece6908\" alt=\"Balance Sheet (VinFast Form 20-F)\" title=\"Balance Sheet (VinFast Form 20-F)\" tg-width=\"640\" tg-height=\"502\"/><span>Balance Sheet (VinFast Form 20-F)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b1b843b8e5129dd07818f397884ee3c9\" alt=\"Balance Sheet (VinFast Form 20-F)\" title=\"Balance Sheet (VinFast Form 20-F)\" tg-width=\"640\" tg-height=\"546\"/><span>Balance Sheet (VinFast Form 20-F)</span></p><p>On a PS basis, the company is currently trading at an eye watering multiple of over 256 (extrapolating their March quarter forward). The company will likely grow so this PS is overstated, however the main issue is that they are still wildly overvalued with poor financials and an impaired ability to spend money on capex and expand. Their PE and BV ratios are both negative. Their debt load far exceeds their available liquidity.</p><p>Estimating a fair value for the company is difficult in this case. Given the company&#39;s challenged financials (specifically their high debt load relative to liquidity and negative book value) we don&#39;t view any price as being worth paying at this time. The operations have negative gross margins and the company has a negative book value, so both their operations and financial assets currently hold a negative value. In every respect, this remains a bottomless money pit until proven otherwise. We certainly don&#39;t think the company is worth nothing, however this is to say that the value of the company has a lot to do with the unavoidable dilution that is coming and how much money the company can raise rather than their current fundamentals.</p><p>While VinFast may very well end up being a successful company, the current valuation is a house of cards that is not supported by the fundamentals. Dilution of some form is likely on the way as the company is already burdened with a large debt load relative to their asset base and would have difficulty securing additional debt financing.</p><p>Of importance is the sheer amount of EV startups entering the ring. VinFast is one of many. If they are unable to both fund the necessary capex and produce high quality vehicles, the company will undoubtably see their valuation incinerated in due time. Even with flawless execution, it appears unlikely that VinFast can sustain their current valuation given the fundamentals at play as well as the competitiveness of the market they are in.</p><h2 id=\"id_1989168447\">Risks</h2><p>The main risk to this bearish view on VinFast is the potential for them to raise large amounts of equity capital thanks to their elevated valuation, essentially becoming a self-fulfilling prophecy. This is certainly possible, and the company could get funding from Vingroup themselves. In such a scenario, we still believe that this dilution would cause the share price to decline, as the valuation is simply too extreme at these levels.</p><p>Another risk to this bearish view is the potential for VinFast to produce cars that outcompete the alternatives and rapidly gain market share and notoriety. While this is possible, the sheer amount of competition in the auto market makes this a difficult proposition. This is especially true for an EV startup, of which there are many.</p><p>We view the current risk/reward to be atrocious and wouldn&#39;t consider touching this stock until they fix their seriously damaged financials and the valuation falls substantially.</p><h2 id=\"id_26140562\">Key Takeaway</h2><p>VinFast is a stock that investors should stay far away from. The company is unproven and their financials are abysmal. The market they are entering is exceedingly competitive. The company is vastly overvalued at these levels. Don&#39;t be lured in by short-term share price moves that are facilitated by a very low float.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>VinFast: Significantly Overvalued</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVinFast: Significantly Overvalued\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-25 11:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4630929-vinfast-significantly-overvalued><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>VinFast's market cap of over $85 billion is likely the result of a small float.The company's financials are abysmal, with low revenue, deeply negative gross margins, a large debt load, and a negative ...</p>\n\n<a href=\"https://seekingalpha.com/article/4630929-vinfast-significantly-overvalued\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VFS":"VinFast Auto"},"source_url":"https://seekingalpha.com/article/4630929-vinfast-significantly-overvalued","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2362399814","content_text":"VinFast's market cap of over $85 billion is likely the result of a small float.The company's financials are abysmal, with low revenue, deeply negative gross margins, a large debt load, and a negative book value.The competitive nature of the EV market and the need for capex funding further add to the risks of investing in VinFast.We believe the company is extremely overvalued and that investors should stay far away.Alex WongThesisAfter their post-IPO surge, VinFast (NASDAQ:VFS) now has a market cap of over $85 billion. This appears to be an overly optimistic valuation and is likely the result of a small float which will eventually get much larger. The company is in a terrible financial position and future dilution is likely. Even in a highly optimistic scenario the company will have difficulty growing into their current valuation. In our opinion, the company is overvalued and investors should stay far away from this stock.Meteoric RiseFor those of you unfamiliar with the company, VinFast is a Vietnamese EV startup founded in 2017 that is seeking to expand into North America as well as continue to sell in Southeast Asia. The company currently has a limited lineup of EV models and is seeking to expand their offerings over the coming years. Their goal of expanding in both geographies served and available models will require a significant amount of capex.VinFast Company Presentation August 2023VinFast Company Presentation August 2023VinFast Company Presentation August 2023VinFast went public via a SPAC merger on August 14. Since then, the stock has rocketed up from the roughly $10 a share SPAC price to over $36. This puts their current market cap at over $85 billion, a value which is well above many of their EV startup peers as well as legacy auto. On the surface, this is an impressive feat for a startup competing in a highly competitive market. Unfortunately for investors, what's under the hood is ugly.Data by YChartsData by YChartsHouse of CardsMany investors are probably wondering why VinFast is valued so highly. In our opinion, the major reason is likely due to a low float. According to Forbes, \"Pham Nhat Vuong, chairman of VinFast’s parent company in Vietnam, controlled at a minimum 99.1% of the company’s shares before it merged with Black Spade. The company declined to say what exact percentage of shares outstanding are currently publicly traded\". On top of this, shareholders of Black Spade Acquisition redeemed over 80% of the shares in the SPAC vehicle before the merger took place. The end result of these factors is an insanely small float available for trade, and a stock that is highly volatile and easy to move.This would be fine if the company was an established business that could justify their valuation with fundamentals, however, this is not the case. In the quarter ended March 31, 2023 the company had revenue of just $83 million, gross margins of -193%, and a net loss of $597 million. The company is drowning in both hard debt (short and long term conventional debt) and soft debt (payables, etc). As of March 31 they had a book value of -$2.1 billion. On top of weak fundamentals and an unproven business, the company will likely need to dilute shareholders to fund capex.Income Statement (VinFast Form 20-F)Balance Sheet (VinFast Form 20-F)Balance Sheet (VinFast Form 20-F)On a PS basis, the company is currently trading at an eye watering multiple of over 256 (extrapolating their March quarter forward). The company will likely grow so this PS is overstated, however the main issue is that they are still wildly overvalued with poor financials and an impaired ability to spend money on capex and expand. Their PE and BV ratios are both negative. Their debt load far exceeds their available liquidity.Estimating a fair value for the company is difficult in this case. Given the company's challenged financials (specifically their high debt load relative to liquidity and negative book value) we don't view any price as being worth paying at this time. The operations have negative gross margins and the company has a negative book value, so both their operations and financial assets currently hold a negative value. In every respect, this remains a bottomless money pit until proven otherwise. We certainly don't think the company is worth nothing, however this is to say that the value of the company has a lot to do with the unavoidable dilution that is coming and how much money the company can raise rather than their current fundamentals.While VinFast may very well end up being a successful company, the current valuation is a house of cards that is not supported by the fundamentals. Dilution of some form is likely on the way as the company is already burdened with a large debt load relative to their asset base and would have difficulty securing additional debt financing.Of importance is the sheer amount of EV startups entering the ring. VinFast is one of many. If they are unable to both fund the necessary capex and produce high quality vehicles, the company will undoubtably see their valuation incinerated in due time. Even with flawless execution, it appears unlikely that VinFast can sustain their current valuation given the fundamentals at play as well as the competitiveness of the market they are in.RisksThe main risk to this bearish view on VinFast is the potential for them to raise large amounts of equity capital thanks to their elevated valuation, essentially becoming a self-fulfilling prophecy. This is certainly possible, and the company could get funding from Vingroup themselves. In such a scenario, we still believe that this dilution would cause the share price to decline, as the valuation is simply too extreme at these levels.Another risk to this bearish view is the potential for VinFast to produce cars that outcompete the alternatives and rapidly gain market share and notoriety. While this is possible, the sheer amount of competition in the auto market makes this a difficult proposition. This is especially true for an EV startup, of which there are many.We view the current risk/reward to be atrocious and wouldn't consider touching this stock until they fix their seriously damaged financials and the valuation falls substantially.Key TakeawayVinFast is a stock that investors should stay far away from. The company is unproven and their financials are abysmal. The market they are entering is exceedingly competitive. The company is vastly overvalued at these levels. Don't be lured in by short-term share price moves that are facilitated by a very low float.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":212308960882712,"gmtCreate":1692864114081,"gmtModify":1692864118376,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Nonsense&nbsp;","listText":"Nonsense&nbsp;","text":"Nonsense","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/212308960882712","repostId":"2361939428","repostType":2,"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":208356820586656,"gmtCreate":1691892287906,"gmtModify":1691892429976,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Buying as it dips! When is bull for china stocks? When Biden is overthrown in upcoming election//<a href=\"https://ttm.financial/U/3559581955535845\">@koolgal</a>:🌟🌟🌟<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> Alibaba's restructuring of its business from 1 into 6 is paying off for the conglomerate.&nbsp; Alibaba has reported solid growth in revenue and profit in&nbsp;Q2 2023 with improvements in all business segments, strong momentum and a laser focus on operating efficiency.&nbsp; &nbsp;Alibaba has unleashed new Energy across all its businesses with this reorganisation. For the quarter ended June 30, Alibaba said that net income climbed an impressive 63% to RMB 33 billion from RMB 20.3 billion last year, beating Wall Street forecast of RMB 28.6","listText":"Buying as it dips! When is bull for china stocks? When Biden is overthrown in upcoming election//<a href=\"https://ttm.financial/U/3559581955535845\">@koolgal</a>:🌟🌟🌟<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> Alibaba's restructuring of its business from 1 into 6 is paying off for the conglomerate.&nbsp; Alibaba has reported solid growth in revenue and profit in&nbsp;Q2 2023 with improvements in all business segments, strong momentum and a laser focus on operating efficiency.&nbsp; &nbsp;Alibaba has unleashed new Energy across all its businesses with this reorganisation. For the quarter ended June 30, Alibaba said that net income climbed an impressive 63% to RMB 33 billion from RMB 20.3 billion last year, beating Wall Street forecast of RMB 28.6","text":"Buying as it dips! When is bull for china stocks? When Biden is overthrown in upcoming election//@koolgal:🌟🌟🌟$Alibaba(BABA)$ Alibaba's restructuring of its business from 1 into 6 is paying off for the conglomerate. Alibaba has reported solid growth in revenue and profit in Q2 2023 with improvements in all business segments, strong momentum and a laser focus on operating efficiency. Alibaba has unleashed new Energy across all its businesses with this reorganisation. For the quarter ended June 30, Alibaba said that net income climbed an impressive 63% to RMB 33 billion from RMB 20.3 billion last year, beating Wall Street forecast of RMB 28.6","images":[{"img":"https://community-static.tradeup.com/news/39cf0bc0833b2f7d713115a2819be0fa","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/be2772d010e2898f037798f599d481a9","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/002885f05320e2406f4f6f29ce8e2fed","width":"1080","height":"2340"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/208356820586656","repostId":"208300988985400","repostType":1,"repost":{"id":208300988985400,"gmtCreate":1691878740789,"gmtModify":1691891207317,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1},"themes":[],"title":"Is Alibaba A Buy? Q2 2023 Earnings Report","htmlText":"🌟🌟🌟<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> Alibaba's restructuring of its business from 1 into 6 is paying off for the conglomerate.&nbsp; Alibaba has reported solid growth in revenue and profit in&nbsp;Q2 2023 with improvements in all business segments, strong momentum and a laser focus on operating efficiency.&nbsp; &nbsp;Alibaba has unleashed new Energy across all its businesses with this reorganisation. For the quarter ended June 30, Alibaba said that net income climbed an impressive 63% to RMB 33 billion from RMB 20.3 billion last year, beating Wall Street forecast of RMB 28.66 billion. Diluted earnings per share rose 56% to RMB 1.66 from RMB 1.06 while revenue jumped 14% to RMB 234.16 from RMB 205.56 billion, ahead of forecasts of RM","listText":"🌟🌟🌟<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> Alibaba's restructuring of its business from 1 into 6 is paying off for the conglomerate.&nbsp; Alibaba has reported solid growth in revenue and profit in&nbsp;Q2 2023 with improvements in all business segments, strong momentum and a laser focus on operating efficiency.&nbsp; &nbsp;Alibaba has unleashed new Energy across all its businesses with this reorganisation. For the quarter ended June 30, Alibaba said that net income climbed an impressive 63% to RMB 33 billion from RMB 20.3 billion last year, beating Wall Street forecast of RMB 28.66 billion. Diluted earnings per share rose 56% to RMB 1.66 from RMB 1.06 while revenue jumped 14% to RMB 234.16 from RMB 205.56 billion, ahead of forecasts of RM","text":"🌟🌟🌟$Alibaba(BABA)$ Alibaba's restructuring of its business from 1 into 6 is paying off for the conglomerate. Alibaba has reported solid growth in revenue and profit in Q2 2023 with improvements in all business segments, strong momentum and a laser focus on operating efficiency. Alibaba has unleashed new Energy across all its businesses with this reorganisation. For the quarter ended June 30, Alibaba said that net income climbed an impressive 63% to RMB 33 billion from RMB 20.3 billion last year, beating Wall Street forecast of RMB 28.66 billion. Diluted earnings per share rose 56% to RMB 1.66 from RMB 1.06 while revenue jumped 14% to RMB 234.16 from RMB 205.56 billion, ahead of forecasts of RM","images":[{"img":"https://community-static.tradeup.com/news/39cf0bc0833b2f7d713115a2819be0fa","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/be2772d010e2898f037798f599d481a9","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/002885f05320e2406f4f6f29ce8e2fed","width":"1080","height":"2340"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208300988985400","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},{"id":204628165087384,"gmtCreate":1690991403136,"gmtModify":1690991406558,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"That's actually a good thing for society&nbsp;","listText":"That's actually a good thing for society&nbsp;","text":"That's actually a good thing for society","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204628165087384","repostId":"2356328571","repostType":2,"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979049305,"gmtCreate":1685337405108,"gmtModify":1685338312387,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"The next biggest catalyst is when biden thrown off next election&nbsp;","listText":"The next biggest catalyst is when biden thrown off next election&nbsp;","text":"The next biggest catalyst is when biden thrown off next election","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979049305","repostId":"1150733972","repostType":2,"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970624428,"gmtCreate":1684409204865,"gmtModify":1684409208003,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Buy more","listText":"Buy more","text":"Buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970624428","repostId":"1173091959","repostType":2,"repost":{"id":"1173091959","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":1684408103,"share":"https://www.laohu8.com/m/news/1173091959?lang=&edition=full","pubTime":"2023-05-18 19:08","market":"hk","language":"en","title":"Alibaba Misses Revenue Estimates, Approves Cloud Unit Spinoff","url":"https://stock-news.laohu8.com/highlight/detail?id=1173091959","media":"Reuters","summary":"May 18 (Reuters) - China's Alibaba Group Holding Ltd, posted a 2% rise in quarterly revenue that mis","content":"<html><head></head><body><p>May 18 (Reuters) - China&#39;s Alibaba Group Holding Ltd, posted a 2% rise in quarterly revenue that missed expectations and said its board has approved a spinoff of its cloud-computing business.</p><p>Alibaba shares waved in premarket trading after its quarterly results.</p><p style=\"text-align: start;\">The company logged revenue of 208.20 billion yuan ($30.12 billion) for the three months ended in March, compared with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts.</p><p style=\"text-align: start;\">Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but it still remains relatively muted amid a wobbly economic recovery.</p><p>Earlier this year, Alibaba announced plans to restructure into six units, a move that followed a two-year regulatory crackdown on China&#39;s tech sector. It expects all of its units except for its China-facing e-commerce division to seek outside funding and go public.</p><p style=\"text-align: start;\">Alibaba on Thursday approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders. It aims to complete the spinoff in the next 12 months.</p><p style=\"text-align: start;\">Finance chief Toby Xu also said Alibaba&#39;s board has approved the process to start external financing for Alibaba International Digital Commerce Business Group and initial public offering (IPO) explorations for Cainiao Smart Logistics Group and the execution of the IPO for Freshippo.</p><p>Earlier this month, Reuters reported that the company&#39;s logistics arm aims to raise $2 billion via a listing in Hong Kong that will likely take place early next year.</p><p style=\"text-align: start;\">Net income attributable to ordinary shareholders was 23.52 billion yuan, compared with a loss of 16.24 billion yuan.</p><p style=\"text-align: start;\">Alibaba has also been struggling to attract new users as China&#39;s e-commerce sector matures and it grapples with inroads made by new competitors such as PDD Holdings and Douyin, the Chinese version of TikTok that is also owned by ByteDance.</p><p style=\"text-align: start;\">Revenue for the full year climbed 2% to 868.69 billion yuan, marking its slowest rate of growth since the company went public in 2014.</p><p style=\"text-align: start;\">($1 = 6.9121 Chinese yuan renminbi)</p><p><strong>Also Read:</strong></p><p><strong><a href=\"https://ttm.financial/NW/1168666281\" title=\"Alibaba Plans Unit IPOs After Sales Disappoint in Shaky Economy\" target=\"_blank\" class=\"\">Alibaba Plans Unit IPOs After Sales Disappoint in Shaky Economy</a></strong></p><p><strong><a href=\"https://ttm.financial/NW/1197096715\" title=\"Alibaba Breaks Up Investment Team, Dispatches Staff to Units\" target=\"_blank\" class=\"\">Alibaba Breaks Up Investment Team, Dispatches Staff to Units</a></strong></p><p><strong><a href=\"https://ttm.financial/NW/1118741926\" title=\"Jack Ma-Backed Ant Profit Falls 56% Amid Overhaul\" target=\"_blank\" class=\"\">Jack Ma-Backed Ant Profit Falls 56% Amid Overhaul</a></strong></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>Alibaba Misses Revenue Estimates, Approves Cloud Unit Spinoff</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\">\nAlibaba Misses Revenue Estimates, Approves Cloud Unit Spinoff\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-18 19:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 18 (Reuters) - China&#39;s Alibaba Group Holding Ltd, posted a 2% rise in quarterly revenue that missed expectations and said its board has approved a spinoff of its cloud-computing business.</p><p>Alibaba shares waved in premarket trading after its quarterly results.</p><p style=\"text-align: start;\">The company logged revenue of 208.20 billion yuan ($30.12 billion) for the three months ended in March, compared with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts.</p><p style=\"text-align: start;\">Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but it still remains relatively muted amid a wobbly economic recovery.</p><p>Earlier this year, Alibaba announced plans to restructure into six units, a move that followed a two-year regulatory crackdown on China&#39;s tech sector. It expects all of its units except for its China-facing e-commerce division to seek outside funding and go public.</p><p style=\"text-align: start;\">Alibaba on Thursday approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders. It aims to complete the spinoff in the next 12 months.</p><p style=\"text-align: start;\">Finance chief Toby Xu also said Alibaba&#39;s board has approved the process to start external financing for Alibaba International Digital Commerce Business Group and initial public offering (IPO) explorations for Cainiao Smart Logistics Group and the execution of the IPO for Freshippo.</p><p>Earlier this month, Reuters reported that the company&#39;s logistics arm aims to raise $2 billion via a listing in Hong Kong that will likely take place early next year.</p><p style=\"text-align: start;\">Net income attributable to ordinary shareholders was 23.52 billion yuan, compared with a loss of 16.24 billion yuan.</p><p style=\"text-align: start;\">Alibaba has also been struggling to attract new users as China&#39;s e-commerce sector matures and it grapples with inroads made by new competitors such as PDD Holdings and Douyin, the Chinese version of TikTok that is also owned by ByteDance.</p><p style=\"text-align: start;\">Revenue for the full year climbed 2% to 868.69 billion yuan, marking its slowest rate of growth since the company went public in 2014.</p><p style=\"text-align: start;\">($1 = 6.9121 Chinese yuan renminbi)</p><p><strong>Also Read:</strong></p><p><strong><a href=\"https://ttm.financial/NW/1168666281\" title=\"Alibaba Plans Unit IPOs After Sales Disappoint in Shaky Economy\" target=\"_blank\" class=\"\">Alibaba Plans Unit IPOs After Sales Disappoint in Shaky Economy</a></strong></p><p><strong><a href=\"https://ttm.financial/NW/1197096715\" title=\"Alibaba Breaks Up Investment Team, Dispatches Staff to Units\" target=\"_blank\" class=\"\">Alibaba Breaks Up Investment Team, Dispatches Staff to Units</a></strong></p><p><strong><a href=\"https://ttm.financial/NW/1118741926\" title=\"Jack Ma-Backed Ant Profit Falls 56% Amid Overhaul\" target=\"_blank\" class=\"\">Jack Ma-Backed Ant Profit Falls 56% Amid Overhaul</a></strong></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173091959","content_text":"May 18 (Reuters) - China's Alibaba Group Holding Ltd, posted a 2% rise in quarterly revenue that missed expectations and said its board has approved a spinoff of its cloud-computing business.Alibaba shares waved in premarket trading after its quarterly results.The company logged revenue of 208.20 billion yuan ($30.12 billion) for the three months ended in March, compared with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts.Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but it still remains relatively muted amid a wobbly economic recovery.Earlier this year, Alibaba announced plans to restructure into six units, a move that followed a two-year regulatory crackdown on China's tech sector. It expects all of its units except for its China-facing e-commerce division to seek outside funding and go public.Alibaba on Thursday approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders. It aims to complete the spinoff in the next 12 months.Finance chief Toby Xu also said Alibaba's board has approved the process to start external financing for Alibaba International Digital Commerce Business Group and initial public offering (IPO) explorations for Cainiao Smart Logistics Group and the execution of the IPO for Freshippo.Earlier this month, Reuters reported that the company's logistics arm aims to raise $2 billion via a listing in Hong Kong that will likely take place early next year.Net income attributable to ordinary shareholders was 23.52 billion yuan, compared with a loss of 16.24 billion yuan.Alibaba has also been struggling to attract new users as China's e-commerce sector matures and it grapples with inroads made by new competitors such as PDD Holdings and Douyin, the Chinese version of TikTok that is also owned by ByteDance.Revenue for the full year climbed 2% to 868.69 billion yuan, marking its slowest rate of growth since the company went public in 2014.($1 = 6.9121 Chinese yuan renminbi)Also Read:Alibaba Plans Unit IPOs After Sales Disappoint in Shaky EconomyAlibaba Breaks Up Investment Team, Dispatches Staff to UnitsJack Ma-Backed Ant Profit Falls 56% Amid Overhaul","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947697569,"gmtCreate":1683032997352,"gmtModify":1683033001508,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"If u know who owns dupont, u wouldn't let go of this stock","listText":"If u know who owns dupont, u wouldn't let go of this stock","text":"If u know who owns dupont, u wouldn't let go of this stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947697569","repostId":"2332959553","repostType":2,"repost":{"id":"2332959553","pubTimestamp":1683031674,"share":"https://www.laohu8.com/m/news/2332959553?lang=&edition=full","pubTime":"2023-05-02 20:47","market":"us","language":"en","title":"DuPont Beats Earnings Estimates. Why the Stock Is Falling","url":"https://stock-news.laohu8.com/highlight/detail?id=2332959553","media":"marketwatch","summary":"Materials giant DuPont managed to beat Wall Street’s first-quarter earnings estimates. Still, the st","content":"<html><head></head><body><p>Materials giant DuPont managed to beat Wall Street’s first-quarter earnings estimates. Still, the stock was down. There is just too much weakness in the company’s electronics and industrial businesses for investors to feel comfortable.</p><p>DuPont (ticker: DD) reported first-quarter adjusted earnings on Tuesday of 84 cents a share from $3 billion in sales. Wall Street was looking for 80 cents and $2.9 billion, respectively.</p><p>In the second quarter, DuPont expect to earn 84 cents a share from $3 billion in sales. Wall Street had been forecasting profit of 88 cents on sales of $3.1 billion, respectively.</p><p>Second-quarter guidance was a little light. DuPont also reduced its full-year financial guidance. The company now expects to earn between $3.55 and $3.70 a share for the year on sales of between $12.3 billion and $12.5 billion. In February, management expected earnings per share of between $3.50 and $4 and sales of $12.3 billion to $12.9 billion.</p><p>Shares were down 5% in premarket trading Tuesday. S&amp;P 500 and Dow Jones Industrial Average futures fell 0.4% and 0.1%, respectively.</p><p>Sales in the company’s electronics and industrial-related businesses dropped 16% year over year, pressuring profit margins. Sales in DuPont’s water-related business grew about 1%.</p><p>“We delivered earnings in line with our expectations for the first quarter of 2023 which reflects our team’s continued strong execution despite a lower volume environment in electronics and construction-related end markets,” said CEO Ed Breen in a news release. “Our businesses are well-equipped to leverage leading market positions and accelerate growth when consumer-driven, short-cycle electronics end markets recover.”</p><p>Investors would like to know when the recovery in those markets will take place.</p><p>Along with earnings, DuPont also announced a deal to acquire Spectrum Plastics, which sells primarily into medical end markets. Terms of the deal weren’t included in the earnings news release.</p><p>Management hosts a conference call at 8 a.m. Eastern time to discuss results. Analysts will want to hear more about a recovery in the electronic business and the state of the overall economy.</p><p>Coming into Tuesday trading, DuPont shares haver risen about 1% and have gained about 5% over the past 12 months.</p></body></html>","source":"mwatch_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>DuPont Beats Earnings Estimates. Why the Stock Is Falling</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\">\nDuPont Beats Earnings Estimates. Why the Stock Is Falling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-02 20:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/dupont-stock-earnings-76b7b53c?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Materials giant DuPont managed to beat Wall Street’s first-quarter earnings estimates. Still, the stock was down. There is just too much weakness in the company’s electronics and industrial businesses...</p>\n\n<a href=\"https://www.marketwatch.com/articles/dupont-stock-earnings-76b7b53c?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DD":"杜邦"},"source_url":"https://www.marketwatch.com/articles/dupont-stock-earnings-76b7b53c?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2332959553","content_text":"Materials giant DuPont managed to beat Wall Street’s first-quarter earnings estimates. Still, the stock was down. There is just too much weakness in the company’s electronics and industrial businesses for investors to feel comfortable.DuPont (ticker: DD) reported first-quarter adjusted earnings on Tuesday of 84 cents a share from $3 billion in sales. Wall Street was looking for 80 cents and $2.9 billion, respectively.In the second quarter, DuPont expect to earn 84 cents a share from $3 billion in sales. Wall Street had been forecasting profit of 88 cents on sales of $3.1 billion, respectively.Second-quarter guidance was a little light. DuPont also reduced its full-year financial guidance. The company now expects to earn between $3.55 and $3.70 a share for the year on sales of between $12.3 billion and $12.5 billion. In February, management expected earnings per share of between $3.50 and $4 and sales of $12.3 billion to $12.9 billion.Shares were down 5% in premarket trading Tuesday. S&P 500 and Dow Jones Industrial Average futures fell 0.4% and 0.1%, respectively.Sales in the company’s electronics and industrial-related businesses dropped 16% year over year, pressuring profit margins. Sales in DuPont’s water-related business grew about 1%.“We delivered earnings in line with our expectations for the first quarter of 2023 which reflects our team’s continued strong execution despite a lower volume environment in electronics and construction-related end markets,” said CEO Ed Breen in a news release. “Our businesses are well-equipped to leverage leading market positions and accelerate growth when consumer-driven, short-cycle electronics end markets recover.”Investors would like to know when the recovery in those markets will take place.Along with earnings, DuPont also announced a deal to acquire Spectrum Plastics, which sells primarily into medical end markets. Terms of the deal weren’t included in the earnings news release.Management hosts a conference call at 8 a.m. Eastern time to discuss results. Analysts will want to hear more about a recovery in the electronic business and the state of the overall economy.Coming into Tuesday trading, DuPont shares haver risen about 1% and have gained about 5% over the past 12 months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947938375,"gmtCreate":1682434020197,"gmtModify":1682434025513,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","listText":"Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","text":"Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947938375","repostId":"1165112651","repostType":2,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9947938375,"gmtCreate":1682434020197,"gmtModify":1682434025513,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","listText":"Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","text":"Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947938375","repostId":"1165112651","repostType":2,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943529347,"gmtCreate":1679572479290,"gmtModify":1679572482128,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/LKCO\">$Luokung Technology Corp(LKCO)$ </a>&nbsp;now is the right time to buy!&nbsp;","listText":"<a href=\"https://ttm.financial/S/LKCO\">$Luokung Technology Corp(LKCO)$ </a>&nbsp;now is the right time to buy!&nbsp;","text":"$Luokung Technology Corp(LKCO)$ now is the right time to buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943529347","isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944136630,"gmtCreate":1681738703420,"gmtModify":1681738707464,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Whats this game even about&nbsp;","listText":"Whats this game even about&nbsp;","text":"Whats this game even about","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944136630","repostId":"2328409613","repostType":2,"repost":{"id":"2328409613","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":1681738572,"share":"https://www.laohu8.com/m/news/2328409613?lang=&edition=full","pubTime":"2023-04-17 21:36","market":"us","language":"en","title":"Roblox Shares Fall 10% After Releasing March Metrics","url":"https://stock-news.laohu8.com/highlight/detail?id=2328409613","media":"Dow Jones","summary":"Shares of Roblox Corp. fell more than 10% after the video-game company disclosed some key metrics fo","content":"<html><head></head><body><p>Shares of Roblox Corp. fell more than 10% after the video-game company disclosed some key metrics for March that showed a potential drop in average bookings per daily active user.</p><p>The stock dropped 10.4% to $40.95. Over the past 12 months, shares were up almost 8% through Friday&#39;s close.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/90c9b6c13da9af3c7731b07e20710bb8\" tg-width=\"825\" tg-height=\"619\"/></p><p>The company said estimated average bookings per daily active user for March were between $3.73 and $3.85, a range that indicates a year-over-year drop of 2% to a gain of 1%. On a constant-currency basis, estimated average bookings per daily active user in March would have fallen between 1% and 3%.</p><p>Roblox, which operates a metaverse-like realm, or a virtual place where people play and make transactions, also said daily active users during the month were 66.2 million, up 26% from a year earlier.</p><p>Hours engaged rose 26% to 4.8 billion, and estimated revenue rose between 15% and 21% to a range of $212 million to $223 million. Estimated bookings were between $247 million and $255 million, up 23% to 27% from a year earlier.</p><p>Roblox said it will no longer release monthly metrics and instead only report figures on a quarterly basis. As previously announced, the March release is the company&#39;s last monthly update.</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>Roblox Shares Fall 10% After Releasing March Metrics</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\">\nRoblox Shares Fall 10% After Releasing March Metrics\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-04-17 21:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of Roblox Corp. fell more than 10% after the video-game company disclosed some key metrics for March that showed a potential drop in average bookings per daily active user.</p><p>The stock dropped 10.4% to $40.95. Over the past 12 months, shares were up almost 8% through Friday&#39;s close.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/90c9b6c13da9af3c7731b07e20710bb8\" tg-width=\"825\" tg-height=\"619\"/></p><p>The company said estimated average bookings per daily active user for March were between $3.73 and $3.85, a range that indicates a year-over-year drop of 2% to a gain of 1%. On a constant-currency basis, estimated average bookings per daily active user in March would have fallen between 1% and 3%.</p><p>Roblox, which operates a metaverse-like realm, or a virtual place where people play and make transactions, also said daily active users during the month were 66.2 million, up 26% from a year earlier.</p><p>Hours engaged rose 26% to 4.8 billion, and estimated revenue rose between 15% and 21% to a range of $212 million to $223 million. Estimated bookings were between $247 million and $255 million, up 23% to 27% from a year earlier.</p><p>Roblox said it will no longer release monthly metrics and instead only report figures on a quarterly basis. As previously announced, the March release is the company&#39;s last monthly update.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation","BK4565":"NFT概念","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4085":"互动家庭娱乐","BK4554":"元宇宙及AR概念","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4547":"WSB热门概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2328409613","content_text":"Shares of Roblox Corp. fell more than 10% after the video-game company disclosed some key metrics for March that showed a potential drop in average bookings per daily active user.The stock dropped 10.4% to $40.95. Over the past 12 months, shares were up almost 8% through Friday's close.The company said estimated average bookings per daily active user for March were between $3.73 and $3.85, a range that indicates a year-over-year drop of 2% to a gain of 1%. On a constant-currency basis, estimated average bookings per daily active user in March would have fallen between 1% and 3%.Roblox, which operates a metaverse-like realm, or a virtual place where people play and make transactions, also said daily active users during the month were 66.2 million, up 26% from a year earlier.Hours engaged rose 26% to 4.8 billion, and estimated revenue rose between 15% and 21% to a range of $212 million to $223 million. Estimated bookings were between $247 million and $255 million, up 23% to 27% from a year earlier.Roblox said it will no longer release monthly metrics and instead only report figures on a quarterly basis. As previously announced, the March release is the company's last monthly update.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979049305,"gmtCreate":1685337405108,"gmtModify":1685338312387,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"The next biggest catalyst is when biden thrown off next election&nbsp;","listText":"The next biggest catalyst is when biden thrown off next election&nbsp;","text":"The next biggest catalyst is when biden thrown off next election","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979049305","repostId":"1150733972","repostType":2,"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970624428,"gmtCreate":1684409204865,"gmtModify":1684409208003,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Buy more","listText":"Buy more","text":"Buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970624428","repostId":"1173091959","repostType":2,"repost":{"id":"1173091959","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":1684408103,"share":"https://www.laohu8.com/m/news/1173091959?lang=&edition=full","pubTime":"2023-05-18 19:08","market":"hk","language":"en","title":"Alibaba Misses Revenue Estimates, Approves Cloud Unit Spinoff","url":"https://stock-news.laohu8.com/highlight/detail?id=1173091959","media":"Reuters","summary":"May 18 (Reuters) - China's Alibaba Group Holding Ltd, posted a 2% rise in quarterly revenue that mis","content":"<html><head></head><body><p>May 18 (Reuters) - China&#39;s Alibaba Group Holding Ltd, posted a 2% rise in quarterly revenue that missed expectations and said its board has approved a spinoff of its cloud-computing business.</p><p>Alibaba shares waved in premarket trading after its quarterly results.</p><p style=\"text-align: start;\">The company logged revenue of 208.20 billion yuan ($30.12 billion) for the three months ended in March, compared with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts.</p><p style=\"text-align: start;\">Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but it still remains relatively muted amid a wobbly economic recovery.</p><p>Earlier this year, Alibaba announced plans to restructure into six units, a move that followed a two-year regulatory crackdown on China&#39;s tech sector. It expects all of its units except for its China-facing e-commerce division to seek outside funding and go public.</p><p style=\"text-align: start;\">Alibaba on Thursday approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders. It aims to complete the spinoff in the next 12 months.</p><p style=\"text-align: start;\">Finance chief Toby Xu also said Alibaba&#39;s board has approved the process to start external financing for Alibaba International Digital Commerce Business Group and initial public offering (IPO) explorations for Cainiao Smart Logistics Group and the execution of the IPO for Freshippo.</p><p>Earlier this month, Reuters reported that the company&#39;s logistics arm aims to raise $2 billion via a listing in Hong Kong that will likely take place early next year.</p><p style=\"text-align: start;\">Net income attributable to ordinary shareholders was 23.52 billion yuan, compared with a loss of 16.24 billion yuan.</p><p style=\"text-align: start;\">Alibaba has also been struggling to attract new users as China&#39;s e-commerce sector matures and it grapples with inroads made by new competitors such as PDD Holdings and Douyin, the Chinese version of TikTok that is also owned by ByteDance.</p><p style=\"text-align: start;\">Revenue for the full year climbed 2% to 868.69 billion yuan, marking its slowest rate of growth since the company went public in 2014.</p><p style=\"text-align: start;\">($1 = 6.9121 Chinese yuan renminbi)</p><p><strong>Also Read:</strong></p><p><strong><a href=\"https://ttm.financial/NW/1168666281\" title=\"Alibaba Plans Unit IPOs After Sales Disappoint in Shaky Economy\" target=\"_blank\" class=\"\">Alibaba Plans Unit IPOs After Sales Disappoint in Shaky Economy</a></strong></p><p><strong><a href=\"https://ttm.financial/NW/1197096715\" title=\"Alibaba Breaks Up Investment Team, Dispatches Staff to Units\" target=\"_blank\" class=\"\">Alibaba Breaks Up Investment Team, Dispatches Staff to Units</a></strong></p><p><strong><a href=\"https://ttm.financial/NW/1118741926\" title=\"Jack Ma-Backed Ant Profit Falls 56% Amid Overhaul\" target=\"_blank\" class=\"\">Jack Ma-Backed Ant Profit Falls 56% Amid Overhaul</a></strong></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>Alibaba Misses Revenue Estimates, Approves Cloud Unit Spinoff</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\">\nAlibaba Misses Revenue Estimates, Approves Cloud Unit Spinoff\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-18 19:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 18 (Reuters) - China&#39;s Alibaba Group Holding Ltd, posted a 2% rise in quarterly revenue that missed expectations and said its board has approved a spinoff of its cloud-computing business.</p><p>Alibaba shares waved in premarket trading after its quarterly results.</p><p style=\"text-align: start;\">The company logged revenue of 208.20 billion yuan ($30.12 billion) for the three months ended in March, compared with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts.</p><p style=\"text-align: start;\">Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but it still remains relatively muted amid a wobbly economic recovery.</p><p>Earlier this year, Alibaba announced plans to restructure into six units, a move that followed a two-year regulatory crackdown on China&#39;s tech sector. It expects all of its units except for its China-facing e-commerce division to seek outside funding and go public.</p><p style=\"text-align: start;\">Alibaba on Thursday approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders. It aims to complete the spinoff in the next 12 months.</p><p style=\"text-align: start;\">Finance chief Toby Xu also said Alibaba&#39;s board has approved the process to start external financing for Alibaba International Digital Commerce Business Group and initial public offering (IPO) explorations for Cainiao Smart Logistics Group and the execution of the IPO for Freshippo.</p><p>Earlier this month, Reuters reported that the company&#39;s logistics arm aims to raise $2 billion via a listing in Hong Kong that will likely take place early next year.</p><p style=\"text-align: start;\">Net income attributable to ordinary shareholders was 23.52 billion yuan, compared with a loss of 16.24 billion yuan.</p><p style=\"text-align: start;\">Alibaba has also been struggling to attract new users as China&#39;s e-commerce sector matures and it grapples with inroads made by new competitors such as PDD Holdings and Douyin, the Chinese version of TikTok that is also owned by ByteDance.</p><p style=\"text-align: start;\">Revenue for the full year climbed 2% to 868.69 billion yuan, marking its slowest rate of growth since the company went public in 2014.</p><p style=\"text-align: start;\">($1 = 6.9121 Chinese yuan renminbi)</p><p><strong>Also Read:</strong></p><p><strong><a href=\"https://ttm.financial/NW/1168666281\" title=\"Alibaba Plans Unit IPOs After Sales Disappoint in Shaky Economy\" target=\"_blank\" class=\"\">Alibaba Plans Unit IPOs After Sales Disappoint in Shaky Economy</a></strong></p><p><strong><a href=\"https://ttm.financial/NW/1197096715\" title=\"Alibaba Breaks Up Investment Team, Dispatches Staff to Units\" target=\"_blank\" class=\"\">Alibaba Breaks Up Investment Team, Dispatches Staff to Units</a></strong></p><p><strong><a href=\"https://ttm.financial/NW/1118741926\" title=\"Jack Ma-Backed Ant Profit Falls 56% Amid Overhaul\" target=\"_blank\" class=\"\">Jack Ma-Backed Ant Profit Falls 56% Amid Overhaul</a></strong></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173091959","content_text":"May 18 (Reuters) - China's Alibaba Group Holding Ltd, posted a 2% rise in quarterly revenue that missed expectations and said its board has approved a spinoff of its cloud-computing business.Alibaba shares waved in premarket trading after its quarterly results.The company logged revenue of 208.20 billion yuan ($30.12 billion) for the three months ended in March, compared with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts.Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but it still remains relatively muted amid a wobbly economic recovery.Earlier this year, Alibaba announced plans to restructure into six units, a move that followed a two-year regulatory crackdown on China's tech sector. It expects all of its units except for its China-facing e-commerce division to seek outside funding and go public.Alibaba on Thursday approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders. It aims to complete the spinoff in the next 12 months.Finance chief Toby Xu also said Alibaba's board has approved the process to start external financing for Alibaba International Digital Commerce Business Group and initial public offering (IPO) explorations for Cainiao Smart Logistics Group and the execution of the IPO for Freshippo.Earlier this month, Reuters reported that the company's logistics arm aims to raise $2 billion via a listing in Hong Kong that will likely take place early next year.Net income attributable to ordinary shareholders was 23.52 billion yuan, compared with a loss of 16.24 billion yuan.Alibaba has also been struggling to attract new users as China's e-commerce sector matures and it grapples with inroads made by new competitors such as PDD Holdings and Douyin, the Chinese version of TikTok that is also owned by ByteDance.Revenue for the full year climbed 2% to 868.69 billion yuan, marking its slowest rate of growth since the company went public in 2014.($1 = 6.9121 Chinese yuan renminbi)Also Read:Alibaba Plans Unit IPOs After Sales Disappoint in Shaky EconomyAlibaba Breaks Up Investment Team, Dispatches Staff to UnitsJack Ma-Backed Ant Profit Falls 56% Amid Overhaul","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":204628165087384,"gmtCreate":1690991403136,"gmtModify":1690991406558,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"That's actually a good thing for society&nbsp;","listText":"That's actually a good thing for society&nbsp;","text":"That's actually a good thing for society","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204628165087384","repostId":"2356328571","repostType":2,"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947697569,"gmtCreate":1683032997352,"gmtModify":1683033001508,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"If u know who owns dupont, u wouldn't let go of this stock","listText":"If u know who owns dupont, u wouldn't let go of this stock","text":"If u know who owns dupont, u wouldn't let go of this stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947697569","repostId":"2332959553","repostType":2,"repost":{"id":"2332959553","pubTimestamp":1683031674,"share":"https://www.laohu8.com/m/news/2332959553?lang=&edition=full","pubTime":"2023-05-02 20:47","market":"us","language":"en","title":"DuPont Beats Earnings Estimates. Why the Stock Is Falling","url":"https://stock-news.laohu8.com/highlight/detail?id=2332959553","media":"marketwatch","summary":"Materials giant DuPont managed to beat Wall Street’s first-quarter earnings estimates. Still, the st","content":"<html><head></head><body><p>Materials giant DuPont managed to beat Wall Street’s first-quarter earnings estimates. Still, the stock was down. There is just too much weakness in the company’s electronics and industrial businesses for investors to feel comfortable.</p><p>DuPont (ticker: DD) reported first-quarter adjusted earnings on Tuesday of 84 cents a share from $3 billion in sales. Wall Street was looking for 80 cents and $2.9 billion, respectively.</p><p>In the second quarter, DuPont expect to earn 84 cents a share from $3 billion in sales. Wall Street had been forecasting profit of 88 cents on sales of $3.1 billion, respectively.</p><p>Second-quarter guidance was a little light. DuPont also reduced its full-year financial guidance. The company now expects to earn between $3.55 and $3.70 a share for the year on sales of between $12.3 billion and $12.5 billion. In February, management expected earnings per share of between $3.50 and $4 and sales of $12.3 billion to $12.9 billion.</p><p>Shares were down 5% in premarket trading Tuesday. S&amp;P 500 and Dow Jones Industrial Average futures fell 0.4% and 0.1%, respectively.</p><p>Sales in the company’s electronics and industrial-related businesses dropped 16% year over year, pressuring profit margins. Sales in DuPont’s water-related business grew about 1%.</p><p>“We delivered earnings in line with our expectations for the first quarter of 2023 which reflects our team’s continued strong execution despite a lower volume environment in electronics and construction-related end markets,” said CEO Ed Breen in a news release. “Our businesses are well-equipped to leverage leading market positions and accelerate growth when consumer-driven, short-cycle electronics end markets recover.”</p><p>Investors would like to know when the recovery in those markets will take place.</p><p>Along with earnings, DuPont also announced a deal to acquire Spectrum Plastics, which sells primarily into medical end markets. Terms of the deal weren’t included in the earnings news release.</p><p>Management hosts a conference call at 8 a.m. Eastern time to discuss results. Analysts will want to hear more about a recovery in the electronic business and the state of the overall economy.</p><p>Coming into Tuesday trading, DuPont shares haver risen about 1% and have gained about 5% over the past 12 months.</p></body></html>","source":"mwatch_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>DuPont Beats Earnings Estimates. Why the Stock Is Falling</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\">\nDuPont Beats Earnings Estimates. Why the Stock Is Falling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-02 20:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/dupont-stock-earnings-76b7b53c?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Materials giant DuPont managed to beat Wall Street’s first-quarter earnings estimates. Still, the stock was down. There is just too much weakness in the company’s electronics and industrial businesses...</p>\n\n<a href=\"https://www.marketwatch.com/articles/dupont-stock-earnings-76b7b53c?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DD":"杜邦"},"source_url":"https://www.marketwatch.com/articles/dupont-stock-earnings-76b7b53c?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2332959553","content_text":"Materials giant DuPont managed to beat Wall Street’s first-quarter earnings estimates. Still, the stock was down. There is just too much weakness in the company’s electronics and industrial businesses for investors to feel comfortable.DuPont (ticker: DD) reported first-quarter adjusted earnings on Tuesday of 84 cents a share from $3 billion in sales. Wall Street was looking for 80 cents and $2.9 billion, respectively.In the second quarter, DuPont expect to earn 84 cents a share from $3 billion in sales. Wall Street had been forecasting profit of 88 cents on sales of $3.1 billion, respectively.Second-quarter guidance was a little light. DuPont also reduced its full-year financial guidance. The company now expects to earn between $3.55 and $3.70 a share for the year on sales of between $12.3 billion and $12.5 billion. In February, management expected earnings per share of between $3.50 and $4 and sales of $12.3 billion to $12.9 billion.Shares were down 5% in premarket trading Tuesday. S&P 500 and Dow Jones Industrial Average futures fell 0.4% and 0.1%, respectively.Sales in the company’s electronics and industrial-related businesses dropped 16% year over year, pressuring profit margins. Sales in DuPont’s water-related business grew about 1%.“We delivered earnings in line with our expectations for the first quarter of 2023 which reflects our team’s continued strong execution despite a lower volume environment in electronics and construction-related end markets,” said CEO Ed Breen in a news release. “Our businesses are well-equipped to leverage leading market positions and accelerate growth when consumer-driven, short-cycle electronics end markets recover.”Investors would like to know when the recovery in those markets will take place.Along with earnings, DuPont also announced a deal to acquire Spectrum Plastics, which sells primarily into medical end markets. Terms of the deal weren’t included in the earnings news release.Management hosts a conference call at 8 a.m. Eastern time to discuss results. Analysts will want to hear more about a recovery in the electronic business and the state of the overall economy.Coming into Tuesday trading, DuPont shares haver risen about 1% and have gained about 5% over the past 12 months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098987502,"gmtCreate":1644008027877,"gmtModify":1676533880364,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ANY\">$Sphere 3D(ANY)$</a>ppl laugh when i told them this is buy below $2. Look at it. One to hold long","listText":"<a href=\"https://ttm.financial/S/ANY\">$Sphere 3D(ANY)$</a>ppl laugh when i told them this is buy below $2. Look at it. One to hold long","text":"$Sphere 3D(ANY)$ppl laugh when i told them this is buy below $2. Look at it. One to hold long","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098987502","isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922328597,"gmtCreate":1671698281320,"gmtModify":1676538578023,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Theres always a first time for almost everything&nbsp;","listText":"Theres always a first time for almost everything&nbsp;","text":"Theres always a first time for almost everything","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9922328597","repostId":"1102116872","repostType":2,"repost":{"id":"1102116872","pubTimestamp":1671722826,"share":"https://www.laohu8.com/m/news/1102116872?lang=&edition=full","pubTime":"2022-12-22 23:27","market":"us","language":"en","title":"Is a 2023 Stock-Market Rebound in Store After 2022 Selloff? ","url":"https://stock-news.laohu8.com/highlight/detail?id=1102116872","media":"MarketWatch","summary":"History shows back-to-back losing years for the stocks are rare — but the size of the market’s drop ","content":"<html><head></head><body><p>History shows back-to-back losing years for the stocks are rare — but the size of the market’s drop in 2022 with no sign the Federal Reserve is ready to ride to the rescue means investors should beware, analysts warned.</p><p>With just a handful of trading days left in what is shaping up to be the worst year for the U.S. stock market in over a decade, the S&amp;P 500 index is on track to close out the year down more than 18.5%.</p><p>That is the large-cap index’s first double-digit percentage loss since 2008, when it slid 36.6% during the global financial crisis, according to Dow Jones Market Data.</p><p>However, it is extremely rare for the S&amp;P 500 to post back-to-back down years. The S&amp;P has fallen for two straight years less than 10% of the time from 1928 to 2021. In the year after a negative total annual return for the S&amp;P, the index is up by 12.6% on average and is positive 17 out of 25 years, according to data compiled by DataTrek Research.</p><p>But the market’s performance after posting a double-digit percentage drop has been less straightforward.</p><p>“The S&amp;P 500 has a much better win rate (79% vs 55%) and average performance (up 17.5% vs. 6.4%) in the 12 months following a down calendar year of less than 10% than one that does worse than that, and 2022 is shaping up to be in the latter camp,” said Jessica Rabe, co-founder of DataTrek Research, in a Tuesday note.</p><p>Rabe, however, noted that in the few instances when the S&amp;P 500 has dropped consecutive calendar years, it’s been due to a major economic event, such as the Great Depression between 1929 and 1939, or a geopolitical shock, such as the World War II and the oil crisis in 1972, or both, in the case of the early 2000s when there was the bursting of the dot-com bubble, the Sept. 11, 2001, terror attacks and the subsequent U.S. invasion of Iraq.</p><p>She argued that there would likely need to be another major economic or geopolitical crisis for the S&amp;P 500 to fall for a second consecutive year in 2023. However, help from the Federal Reserve in the form of lowering interest rates or a rise in federal government spending would be crucial for a bounce in the U.S. equities after a hard year.</p><p>“The Financial Crisis is a useful example to show that when times get truly difficult, fiscal and monetary policy stimulus can help the S&amp;P rebound after a horrible year,” Rabe wrote.</p><p>The S&amp;P 500 booked an annual loss of over 36% in 2008 after Lehman Brothers went bankrupt under the weight of $619 billion in debt due to investments in subprime mortgages. The index was up 25.9% in the following year after the Federal Open Market Committee decided to increase the size of the Fed’s balance sheet by purchasing additional government-sponsored agency mortgage-backed securities, in response to the severity of the economic contraction.</p><p>However, Wall Street strategists warned stock-market investors that they should not expect any form of “Fed put” next year.</p><p>Investors have talked of a figurative Fed put since at least the October 1987 stock-market crash prompted the Alan Greenspan-led central bank to lower interest rates. An actual put option is a financial derivative that gives the holder the right but not the obligation to sell the underlying asset at a set level, known as the strike price, serving as an insurance policy against a market decline.</p><p>Victoria Fernandez, chief market strategist at Crossmark Global Investments, thinks the Fed is going to let the market work through the “shallow recession” in 2023 and not immediately jump in and cut rates.</p><p>“Historically we assumed and knew that we would have a ‘Fed put’, that immediately Fed steps in and handles it for us. But what Powell is trying to make markets understand is, hey, we are not going to be doing this,” Fernandez told MarketWatch on Tuesday.</p><p>“They’re just willy-nilly trying to drive us over the cliff,” she added.</p><p>“That’s why U.S. equities are so volatile just now, as no one knows when the Fed will pivot to being more accommodative. Chair Powell is solely focused on bringing down inflation to the Fed’s 2% target and he has the latitude to do so given the strength of the U.S. labor market,” said Rabe at DataTrek.</p><p>U.S. stocks rallied on Wednesday after snapping four-day losing streak in the previous session. The Dow Jones Industrial Average ended 1.6% higher, but was on pace to book an annual loss of 8.2%. The Nasdaq Composite climbed 1.5%, but has decreased by 31.5% year-to-date. The S&amp;P 500 gained 56.82 points, or 1.5%, finishing at 3,878.44.</p><p>David Wagner, portfolio manager for Aptus Capital Advisors in Cincinnati, told MarketWatch that he expects the stock market to experience less pain and less price volatility next year, but that doesn’t mean investors will see positive market returns.</p><p>“We believe that a policy error has already been committed by the Fed. The real and long-lasting policy error would be if inflation were to become unanchored, thus the emphasis on the market focusing on price stability, specifically wage inflation, in the near-term,” Wagner said.</p><p>“History shows us that markets are a sprint lower and a marathon higher. With the potential for slowing global growth and a less accommodative Fed, this marathon may include more hills than plains, which could create constant volatility in the market,” he said.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is a 2023 Stock-Market Rebound in Store After 2022 Selloff? </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs a 2023 Stock-Market Rebound in Store After 2022 Selloff? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-22 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/is-a-2023-stock-market-rebound-in-store-after-2022-selloff-what-history-says-about-back-to-back-losing-years-11671650574?mod=hp_LATEST&adobe_mc=MCMID%3D03250748340802259633376614514522268876%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1671693265><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>History shows back-to-back losing years for the stocks are rare — but the size of the market’s drop in 2022 with no sign the Federal Reserve is ready to ride to the rescue means investors should ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-a-2023-stock-market-rebound-in-store-after-2022-selloff-what-history-says-about-back-to-back-losing-years-11671650574?mod=hp_LATEST&adobe_mc=MCMID%3D03250748340802259633376614514522268876%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1671693265\">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://www.marketwatch.com/story/is-a-2023-stock-market-rebound-in-store-after-2022-selloff-what-history-says-about-back-to-back-losing-years-11671650574?mod=hp_LATEST&adobe_mc=MCMID%3D03250748340802259633376614514522268876%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1671693265","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102116872","content_text":"History shows back-to-back losing years for the stocks are rare — but the size of the market’s drop in 2022 with no sign the Federal Reserve is ready to ride to the rescue means investors should beware, analysts warned.With just a handful of trading days left in what is shaping up to be the worst year for the U.S. stock market in over a decade, the S&P 500 index is on track to close out the year down more than 18.5%.That is the large-cap index’s first double-digit percentage loss since 2008, when it slid 36.6% during the global financial crisis, according to Dow Jones Market Data.However, it is extremely rare for the S&P 500 to post back-to-back down years. The S&P has fallen for two straight years less than 10% of the time from 1928 to 2021. In the year after a negative total annual return for the S&P, the index is up by 12.6% on average and is positive 17 out of 25 years, according to data compiled by DataTrek Research.But the market’s performance after posting a double-digit percentage drop has been less straightforward.“The S&P 500 has a much better win rate (79% vs 55%) and average performance (up 17.5% vs. 6.4%) in the 12 months following a down calendar year of less than 10% than one that does worse than that, and 2022 is shaping up to be in the latter camp,” said Jessica Rabe, co-founder of DataTrek Research, in a Tuesday note.Rabe, however, noted that in the few instances when the S&P 500 has dropped consecutive calendar years, it’s been due to a major economic event, such as the Great Depression between 1929 and 1939, or a geopolitical shock, such as the World War II and the oil crisis in 1972, or both, in the case of the early 2000s when there was the bursting of the dot-com bubble, the Sept. 11, 2001, terror attacks and the subsequent U.S. invasion of Iraq.She argued that there would likely need to be another major economic or geopolitical crisis for the S&P 500 to fall for a second consecutive year in 2023. However, help from the Federal Reserve in the form of lowering interest rates or a rise in federal government spending would be crucial for a bounce in the U.S. equities after a hard year.“The Financial Crisis is a useful example to show that when times get truly difficult, fiscal and monetary policy stimulus can help the S&P rebound after a horrible year,” Rabe wrote.The S&P 500 booked an annual loss of over 36% in 2008 after Lehman Brothers went bankrupt under the weight of $619 billion in debt due to investments in subprime mortgages. The index was up 25.9% in the following year after the Federal Open Market Committee decided to increase the size of the Fed’s balance sheet by purchasing additional government-sponsored agency mortgage-backed securities, in response to the severity of the economic contraction.However, Wall Street strategists warned stock-market investors that they should not expect any form of “Fed put” next year.Investors have talked of a figurative Fed put since at least the October 1987 stock-market crash prompted the Alan Greenspan-led central bank to lower interest rates. An actual put option is a financial derivative that gives the holder the right but not the obligation to sell the underlying asset at a set level, known as the strike price, serving as an insurance policy against a market decline.Victoria Fernandez, chief market strategist at Crossmark Global Investments, thinks the Fed is going to let the market work through the “shallow recession” in 2023 and not immediately jump in and cut rates.“Historically we assumed and knew that we would have a ‘Fed put’, that immediately Fed steps in and handles it for us. But what Powell is trying to make markets understand is, hey, we are not going to be doing this,” Fernandez told MarketWatch on Tuesday.“They’re just willy-nilly trying to drive us over the cliff,” she added.“That’s why U.S. equities are so volatile just now, as no one knows when the Fed will pivot to being more accommodative. Chair Powell is solely focused on bringing down inflation to the Fed’s 2% target and he has the latitude to do so given the strength of the U.S. labor market,” said Rabe at DataTrek.U.S. stocks rallied on Wednesday after snapping four-day losing streak in the previous session. The Dow Jones Industrial Average ended 1.6% higher, but was on pace to book an annual loss of 8.2%. The Nasdaq Composite climbed 1.5%, but has decreased by 31.5% year-to-date. The S&P 500 gained 56.82 points, or 1.5%, finishing at 3,878.44.David Wagner, portfolio manager for Aptus Capital Advisors in Cincinnati, told MarketWatch that he expects the stock market to experience less pain and less price volatility next year, but that doesn’t mean investors will see positive market returns.“We believe that a policy error has already been committed by the Fed. The real and long-lasting policy error would be if inflation were to become unanchored, thus the emphasis on the market focusing on price stability, specifically wage inflation, in the near-term,” Wagner said.“History shows us that markets are a sprint lower and a marathon higher. With the potential for slowing global growth and a less accommodative Fed, this marathon may include more hills than plains, which could create constant volatility in the market,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981990716,"gmtCreate":1666362959035,"gmtModify":1676537747330,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Go buy. No on3 stopping. This is a trap. Go buy now&nbsp;","listText":"Go buy. No on3 stopping. This is a trap. Go buy now&nbsp;","text":"Go buy. No on3 stopping. This is a trap. Go buy now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9981990716","repostId":"1112344644","repostType":2,"repost":{"id":"1112344644","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":1666360940,"share":"https://www.laohu8.com/m/news/1112344644?lang=&edition=full","pubTime":"2022-10-21 22:02","market":"us","language":"en","title":"Dow Rises 300 Points As Short-Term Yields Fall on Potential for Fed to Slow Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1112344644","media":"Tiger Newspress","summary":"Stocks rose on Friday as investors assessed more corporate earnings reports and the outlook for Fede","content":"<html><head></head><body><p>Stocks rose on Friday as investors assessed more corporate earnings reports and the outlook for Federal Reserve rate hikes.</p><p>The Dow Jones Industrial Average gained 343 points, or 1.1%. The S&amp;P 500 rose 1%. The Nasdaq Composite was up by 0.5%.</p><p>Treasury yields fell from their highs on Friday morning after areport from the Wall Street Journalthat some Fed officials are concerned about overtightening with large rate hikes. That report appeared to limit losses for stocks at the open.</p><p>Earnings reports weighed on the market. Dow components American Express and Verizon fell more than 4% after their quarterly reports.</p><p>In tech, social media company Snap reported a quarterly revenue of $1.13 billion, below expectations. That revenuerepresents year-over-year growth of just 6%. Average revenue per user, a key metric for the company, fell 11% to $3.11.</p><p>“The mindset is quite gloomy w/stocks for sale pretty much everywhere. The culprit behind the negativity is earnings w/a slew of disappointments around the world,” wrote Adam Crisafulli of Vital Knowledge.</p><p>Stocks are on a two-day losing streak, with rising bond yields appearing to pressure equities. The 10-year Treasury yield is trading at levels not seen since 2008. On Friday, it traded around 4.29%.</p><p>The major averages are still on track for a winning week, with each up more than 2%.</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>Dow Rises 300 Points As Short-Term Yields Fall on Potential for Fed to Slow Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Rises 300 Points As Short-Term Yields Fall on Potential for Fed to Slow Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-10-21 22:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks rose on Friday as investors assessed more corporate earnings reports and the outlook for Federal Reserve rate hikes.</p><p>The Dow Jones Industrial Average gained 343 points, or 1.1%. The S&amp;P 500 rose 1%. The Nasdaq Composite was up by 0.5%.</p><p>Treasury yields fell from their highs on Friday morning after areport from the Wall Street Journalthat some Fed officials are concerned about overtightening with large rate hikes. That report appeared to limit losses for stocks at the open.</p><p>Earnings reports weighed on the market. Dow components American Express and Verizon fell more than 4% after their quarterly reports.</p><p>In tech, social media company Snap reported a quarterly revenue of $1.13 billion, below expectations. That revenuerepresents year-over-year growth of just 6%. Average revenue per user, a key metric for the company, fell 11% to $3.11.</p><p>“The mindset is quite gloomy w/stocks for sale pretty much everywhere. The culprit behind the negativity is earnings w/a slew of disappointments around the world,” wrote Adam Crisafulli of Vital Knowledge.</p><p>Stocks are on a two-day losing streak, with rising bond yields appearing to pressure equities. The 10-year Treasury yield is trading at levels not seen since 2008. On Friday, it traded around 4.29%.</p><p>The major averages are still on track for a winning week, with each up more than 2%.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112344644","content_text":"Stocks rose on Friday as investors assessed more corporate earnings reports and the outlook for Federal Reserve rate hikes.The Dow Jones Industrial Average gained 343 points, or 1.1%. The S&P 500 rose 1%. The Nasdaq Composite was up by 0.5%.Treasury yields fell from their highs on Friday morning after areport from the Wall Street Journalthat some Fed officials are concerned about overtightening with large rate hikes. That report appeared to limit losses for stocks at the open.Earnings reports weighed on the market. Dow components American Express and Verizon fell more than 4% after their quarterly reports.In tech, social media company Snap reported a quarterly revenue of $1.13 billion, below expectations. That revenuerepresents year-over-year growth of just 6%. Average revenue per user, a key metric for the company, fell 11% to $3.11.“The mindset is quite gloomy w/stocks for sale pretty much everywhere. The culprit behind the negativity is earnings w/a slew of disappointments around the world,” wrote Adam Crisafulli of Vital Knowledge.Stocks are on a two-day losing streak, with rising bond yields appearing to pressure equities. The 10-year Treasury yield is trading at levels not seen since 2008. On Friday, it traded around 4.29%.The major averages are still on track for a winning week, with each up more than 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954049601,"gmtCreate":1675868633404,"gmtModify":1675868637154,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Lol solana","listText":"Lol solana","text":"Lol solana","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954049601","repostId":"2309302814","repostType":2,"repost":{"id":"2309302814","pubTimestamp":1675870169,"share":"https://www.laohu8.com/m/news/2309302814?lang=&edition=full","pubTime":"2023-02-08 23:29","market":"other","language":"en","title":"3 High-Growth Coins That Could Be Worth $1 Trillion by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2309302814","media":"Motley Fool","summary":"Are Bitcoin, Ethereum, and Solana on the path to trillion-dollar valuations in the next bull market rally?","content":"<html><head></head><body><p>In the cryptocurrency market, only one coin has ever attained a trillion-dollar market capitalization: <b>Bitcoin</b>. But a growing number of analysts and investors now think the next crypto bull market will result in multiple coins attaining a trillion-dollar valuation.</p><p>Just how likely is that scenario? After all, the highest-ever market capitalization of all cryptocurrency combined -- which encompasses thousands of different coins -- was $3 trillion. So, unless the size of the crypto market expands dramatically, the path to a trillion-dollar valuation for any coin is difficult at best. Here&#39;s a closer look at three high-growth coins that might get there.</p><h2>1. Bitcoin</h2><p>The case for Bitcoin attaining a $1 trillion valuation in the next bull market is more reasonable than it might sound, given that it topped out at $1.28 trillion in the last bull market. At a current market cap of $458 billion, Bitcoin needs to slightly more than double in value to reach the trillion-dollar mark. Given its current price of $23,785, that would imply a future price near $50,000 -- well below Bitcoin&#39;s all-time high of $68,789.63.</p><p>There are other, more sophisticated ways to think about a trillion-dollar valuation for the token. For example, prominent Bitcoin bull Michael Saylor has focused on the world&#39;s physical gold supply.</p><p>If you buy into the notion that Bitcoin is &#34;digital gold,&#34; then at some point, the value of Bitcoin and the value of the world&#39;s physical gold supply should start to converge. Right now, the value of the world&#39;s physical gold supply is estimated to be between $10 trillion and $15 trillion, so Bitcoin&#39;s maximum possible valuation could also rise to that level.</p><p>That logic might sound far-fetched, but Wall Street bank <b>Goldman Sachs</b> has applied a similar reasoning process, arriving at a $100,000 price target for Bitcoin in January 2022.</p><h2>2. Ethereum</h2><p>The case for a trillion-dollar valuation is harder to make for <b>Ethereum</b>, which currently has a nearly $200 billion market cap. It would need to increase in value fivefold to hit $1 trillion.</p><p>Even at its all-time peak, the digital coin only reached a market cap of $571.67 billion, so there&#39;s clearly work to do. Slow, incremental growth is not the path to a trillion-dollar valuation for Ethereum.</p><p>One approach to valuing Ethereum is to separately value all of its business lines -- e.g. non-fungible tokens (NFTs), gaming, decentralized finance (DeFi), and the metaverse. You would then need to make a growth projection for each of these business lines.</p><p>But are any of Ethereum&#39;s core business lines capable of growing at a 5X rate? Take, for example, the NFT market, which was worth $25 billion in both 2021 and 2022. Assuming that Ethereum currently controls close to 75% of the NFT market, that&#39;s roughly $20 billion in annual sales. A 5X scaling factor would imply $100 billion in annual NFT sales for Ethereum.</p><p>That&#39;s possible over a long-enough time horizon, but most likely we would need to look elsewhere for a huge 5X impact. That&#39;s why many analysts are focused on sectors like the metaverse, where growth could be truly exponential.</p><p>Analysts have suggested that the metaverse could be a trillion-dollar market opportunity, so even if Ethereum claims just a 10% market share, that&#39;s still $100 billion, more than enough to make up for any sluggishness in the NFT market.</p><h2>3. Solana</h2><p>Lastly, there&#39;s <b>Solana</b>, which had been a crypto market darling before the events of 2022 unfolded. Solana is up more than 100% in 2023, so things are looking sunnier for the crypto. Even with that rapid rise, its market cap is still less than $10 billion, so a trillion-dollar valuation would imply a more than 100X gain in value.</p><p>This presents enormous challenges from a financial modeling perspective. Is there anything Solana can do that will lead to 100X returns? Most likely, it would require several high-risk, high-reward strategies and a lot of good luck.</p><p>The good news is that it is making a big bet on mobile crypto with its new Solana Mobile initiative. And its expanding network of retail stores (which Solana prefers to call &#34;embassies&#34;) could be one way to supercharge growth with retail investors.</p><p>Solana is also going big on its global expansion strategy, investing in new initiatives across Europe, Asia, and the Middle East.</p><h2>A long-term view of crypto</h2><p>There&#39;s a good reason why venture capitalists like to refer to start-up companies that attain a billion-dollar valuation as &#34;unicorns.&#34; They are extremely rare. And rarer still are companies that obtain a trillion-dollar valuation. Right now, only a handful of publicly traded companies have ever topped that figure.</p><p>That&#39;s why I think it might take nearly a decade before we see multiple cryptos obtain a trillion-dollar valuation. For now, I&#39;m pinning my long-term investment hopes on Bitcoin and Ethereum, which are both capable of reaching that peak without dramatic changes to their overall growth plans. If you are looking for cryptos to buy and hold for the long haul, Bitcoin and Ethereum are potential options.</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>3 High-Growth Coins That Could Be Worth $1 Trillion by 2030</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 High-Growth Coins That Could Be Worth $1 Trillion by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-08 23:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/02/07/high-growth-coins-could-be-worth-1-trillion/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the cryptocurrency market, only one coin has ever attained a trillion-dollar market capitalization: Bitcoin. But a growing number of analysts and investors now think the next crypto bull market ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/02/07/high-growth-coins-could-be-worth-1-trillion/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2023/02/07/high-growth-coins-could-be-worth-1-trillion/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2309302814","content_text":"In the cryptocurrency market, only one coin has ever attained a trillion-dollar market capitalization: Bitcoin. But a growing number of analysts and investors now think the next crypto bull market will result in multiple coins attaining a trillion-dollar valuation.Just how likely is that scenario? After all, the highest-ever market capitalization of all cryptocurrency combined -- which encompasses thousands of different coins -- was $3 trillion. So, unless the size of the crypto market expands dramatically, the path to a trillion-dollar valuation for any coin is difficult at best. Here's a closer look at three high-growth coins that might get there.1. BitcoinThe case for Bitcoin attaining a $1 trillion valuation in the next bull market is more reasonable than it might sound, given that it topped out at $1.28 trillion in the last bull market. At a current market cap of $458 billion, Bitcoin needs to slightly more than double in value to reach the trillion-dollar mark. Given its current price of $23,785, that would imply a future price near $50,000 -- well below Bitcoin's all-time high of $68,789.63.There are other, more sophisticated ways to think about a trillion-dollar valuation for the token. For example, prominent Bitcoin bull Michael Saylor has focused on the world's physical gold supply.If you buy into the notion that Bitcoin is \"digital gold,\" then at some point, the value of Bitcoin and the value of the world's physical gold supply should start to converge. Right now, the value of the world's physical gold supply is estimated to be between $10 trillion and $15 trillion, so Bitcoin's maximum possible valuation could also rise to that level.That logic might sound far-fetched, but Wall Street bank Goldman Sachs has applied a similar reasoning process, arriving at a $100,000 price target for Bitcoin in January 2022.2. EthereumThe case for a trillion-dollar valuation is harder to make for Ethereum, which currently has a nearly $200 billion market cap. It would need to increase in value fivefold to hit $1 trillion.Even at its all-time peak, the digital coin only reached a market cap of $571.67 billion, so there's clearly work to do. Slow, incremental growth is not the path to a trillion-dollar valuation for Ethereum.One approach to valuing Ethereum is to separately value all of its business lines -- e.g. non-fungible tokens (NFTs), gaming, decentralized finance (DeFi), and the metaverse. You would then need to make a growth projection for each of these business lines.But are any of Ethereum's core business lines capable of growing at a 5X rate? Take, for example, the NFT market, which was worth $25 billion in both 2021 and 2022. Assuming that Ethereum currently controls close to 75% of the NFT market, that's roughly $20 billion in annual sales. A 5X scaling factor would imply $100 billion in annual NFT sales for Ethereum.That's possible over a long-enough time horizon, but most likely we would need to look elsewhere for a huge 5X impact. That's why many analysts are focused on sectors like the metaverse, where growth could be truly exponential.Analysts have suggested that the metaverse could be a trillion-dollar market opportunity, so even if Ethereum claims just a 10% market share, that's still $100 billion, more than enough to make up for any sluggishness in the NFT market.3. SolanaLastly, there's Solana, which had been a crypto market darling before the events of 2022 unfolded. Solana is up more than 100% in 2023, so things are looking sunnier for the crypto. Even with that rapid rise, its market cap is still less than $10 billion, so a trillion-dollar valuation would imply a more than 100X gain in value.This presents enormous challenges from a financial modeling perspective. Is there anything Solana can do that will lead to 100X returns? Most likely, it would require several high-risk, high-reward strategies and a lot of good luck.The good news is that it is making a big bet on mobile crypto with its new Solana Mobile initiative. And its expanding network of retail stores (which Solana prefers to call \"embassies\") could be one way to supercharge growth with retail investors.Solana is also going big on its global expansion strategy, investing in new initiatives across Europe, Asia, and the Middle East.A long-term view of cryptoThere's a good reason why venture capitalists like to refer to start-up companies that attain a billion-dollar valuation as \"unicorns.\" They are extremely rare. And rarer still are companies that obtain a trillion-dollar valuation. Right now, only a handful of publicly traded companies have ever topped that figure.That's why I think it might take nearly a decade before we see multiple cryptos obtain a trillion-dollar valuation. For now, I'm pinning my long-term investment hopes on Bitcoin and Ethereum, which are both capable of reaching that peak without dramatic changes to their overall growth plans. If you are looking for cryptos to buy and hold for the long haul, Bitcoin and Ethereum are potential options.","news_type":1},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986032820,"gmtCreate":1666846501060,"gmtModify":1676537816388,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Look at NVDA b4 pandemic levels. Still way too high now at these levels","listText":"Look at NVDA b4 pandemic levels. Still way too high now at these levels","text":"Look at NVDA b4 pandemic levels. Still way too high now at these levels","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9986032820","repostId":"2278777723","repostType":2,"repost":{"id":"2278777723","pubTimestamp":1666842854,"share":"https://www.laohu8.com/m/news/2278777723?lang=&edition=full","pubTime":"2022-10-27 11:54","market":"us","language":"en","title":"2 Growth Stocks Down 60% From Their Highs That Could Be Future Steals","url":"https://stock-news.laohu8.com/highlight/detail?id=2278777723","media":"Motley Fool","summary":"Both of these stocks have seen their valuations get cut in half this year.","content":"<html><head></head><body><p>The buying decisions that investors make right now could pay off in droves in even a few years. Beaten-down stocks that look hopeless today may not appear that way in the future when the economy stabilizes -- because it will, eventually. History has taught investors that from every downturn and crash, there is always a recovery to follow. Warren Buffett always warns investors, &#34;Never bet against America.&#34;</p><p>Investors can bet on the future and buy some deeply discounted stocks right now in <b>Teladoc Health</b> and <b>Nvidia</b>. Although these look like they are destined to sink lower, here&#39;s why in the future, you could be thanking yourself for buying these stocks at their current prices.</p><h2>1. Teladoc Health</h2><p>Teladoc Health was a hot buy during the early stages of the pandemic, but amid a return to normal, it&#39;s been a complete reversal of fortunes for this promising healthcare stock.</p><p>Teladoc helps connect patients and doctors through their screens and has the potential to be a disruptor in the healthcare industry by adding efficiency in the way of cutting down on in-person visits to the doctor&#39;s office. The telehealth company also makes it easier to have quick check-ins and stay on top of chronic conditions like diabetes.</p><p>In a growing and more digitized healthcare industry, Teladoc and other telehealth providers have tremendous long-term potential.</p><p>However, this year, investors have seemingly forgotten about that potential, with shares of Teladoc crashing a whopping 73%. That is far worse than the <b>S&amp;P 500</b> has performed, with the broad index down 20% over the same period. The stock is also nowhere near its 52-week high of $156.82, down close to 85% from that peak.</p><p>But investors should keep their eyes on the prize: the long-term potential for Teladoc, as there&#39;s tons of it. For instance, top health insurance company <b>UnitedHealth Group </b>is utilizing telehealth as a way to add efficiency to its business and cut costs and wasteful spending. In some situations, patients will first need to have a virtual visit before they can make an in-person trip to the doctor&#39;s office.</p><p>Teladoc&#39;s primary care service, Primary360, also makes it easier for patients to receive a personalized care plan to stay on top of their needs. That service is still in its early stages, with Teladoc only rolling it out a year ago.</p><p>This year, the company doesn&#39;t expect to make a profit, but it is projecting revenue of up to $2.5 billion and total virtual visits of up to 19.3 million. That&#39;s already significant growth from the $1.1 billion in revenue it generated in 2020 and the 10.6 million virtual visits it recorded back then. And this is a stock that&#39;s still in the early innings of its growth story. In a few years, today&#39;s price could look like a bargain.</p><h2>2. Nvidia</h2><p>There&#39;s a huge chip shortage in the world, and one company that is in a great position to profit from that is Nvidia. But as with Teladoc, investors have been focusing on the near-term concerns rather than the long-term opportunities.</p><p>While demand for personal computers is down and the U.S. government is blocking the sales of some of the company&#39;s chips to Russia and China, the long-term potential remains strong for Nvidia. As more devices become connected to the Internet and dependent on chips, the greater the potential for a market leader like Nvidia there will be in the long run.</p><p>The company estimates that there is a $1 trillion market opportunity for it to tap into, with chips and systems as just one piece of that potentially worth $300 billion. There&#39;s another $300 billion opportunity in the automotive industry, plus $150 billion in the omniverse (i.e., the metaverse for engineers), $150 billion in enterprise software for artificial intelligence, and another $100 billion in gaming. For a company that has generated close to $30 billion in revenue over the trailing 12 months, Nvidia is only scratching the surface of what it can achieve in the long run.</p><p>Nvidia&#39;s near-term headwinds are just short-term problems for the company and are not something that should detract investors from what&#39;s still a solid business that generates impressive profit margins of 26%, and that&#39;s likely to get a whole lot bigger in the future.</p><p>Trading at around $126 on Monday, the stock is down 64% from its 52-week high of $346.47. Even if it doesn&#39;t get back to those levels anytime soon, the stock can still be a terrific buy for the long haul.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Growth Stocks Down 60% From Their Highs That Could Be Future Steals</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Growth Stocks Down 60% From Their Highs That Could Be Future Steals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-27 11:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/26/2-growth-stocks-down-60-from-their-highs-that-coul/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The buying decisions that investors make right now could pay off in droves in even a few years. Beaten-down stocks that look hopeless today may not appear that way in the future when the economy ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/26/2-growth-stocks-down-60-from-their-highs-that-coul/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TDOC":"Teladoc Health Inc.","NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2022/10/26/2-growth-stocks-down-60-from-their-highs-that-coul/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2278777723","content_text":"The buying decisions that investors make right now could pay off in droves in even a few years. Beaten-down stocks that look hopeless today may not appear that way in the future when the economy stabilizes -- because it will, eventually. History has taught investors that from every downturn and crash, there is always a recovery to follow. Warren Buffett always warns investors, \"Never bet against America.\"Investors can bet on the future and buy some deeply discounted stocks right now in Teladoc Health and Nvidia. Although these look like they are destined to sink lower, here's why in the future, you could be thanking yourself for buying these stocks at their current prices.1. Teladoc HealthTeladoc Health was a hot buy during the early stages of the pandemic, but amid a return to normal, it's been a complete reversal of fortunes for this promising healthcare stock.Teladoc helps connect patients and doctors through their screens and has the potential to be a disruptor in the healthcare industry by adding efficiency in the way of cutting down on in-person visits to the doctor's office. The telehealth company also makes it easier to have quick check-ins and stay on top of chronic conditions like diabetes.In a growing and more digitized healthcare industry, Teladoc and other telehealth providers have tremendous long-term potential.However, this year, investors have seemingly forgotten about that potential, with shares of Teladoc crashing a whopping 73%. That is far worse than the S&P 500 has performed, with the broad index down 20% over the same period. The stock is also nowhere near its 52-week high of $156.82, down close to 85% from that peak.But investors should keep their eyes on the prize: the long-term potential for Teladoc, as there's tons of it. For instance, top health insurance company UnitedHealth Group is utilizing telehealth as a way to add efficiency to its business and cut costs and wasteful spending. In some situations, patients will first need to have a virtual visit before they can make an in-person trip to the doctor's office.Teladoc's primary care service, Primary360, also makes it easier for patients to receive a personalized care plan to stay on top of their needs. That service is still in its early stages, with Teladoc only rolling it out a year ago.This year, the company doesn't expect to make a profit, but it is projecting revenue of up to $2.5 billion and total virtual visits of up to 19.3 million. That's already significant growth from the $1.1 billion in revenue it generated in 2020 and the 10.6 million virtual visits it recorded back then. And this is a stock that's still in the early innings of its growth story. In a few years, today's price could look like a bargain.2. NvidiaThere's a huge chip shortage in the world, and one company that is in a great position to profit from that is Nvidia. But as with Teladoc, investors have been focusing on the near-term concerns rather than the long-term opportunities.While demand for personal computers is down and the U.S. government is blocking the sales of some of the company's chips to Russia and China, the long-term potential remains strong for Nvidia. As more devices become connected to the Internet and dependent on chips, the greater the potential for a market leader like Nvidia there will be in the long run.The company estimates that there is a $1 trillion market opportunity for it to tap into, with chips and systems as just one piece of that potentially worth $300 billion. There's another $300 billion opportunity in the automotive industry, plus $150 billion in the omniverse (i.e., the metaverse for engineers), $150 billion in enterprise software for artificial intelligence, and another $100 billion in gaming. For a company that has generated close to $30 billion in revenue over the trailing 12 months, Nvidia is only scratching the surface of what it can achieve in the long run.Nvidia's near-term headwinds are just short-term problems for the company and are not something that should detract investors from what's still a solid business that generates impressive profit margins of 26%, and that's likely to get a whole lot bigger in the future.Trading at around $126 on Monday, the stock is down 64% from its 52-week high of $346.47. Even if it doesn't get back to those levels anytime soon, the stock can still be a terrific buy for the long haul.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113338186,"gmtCreate":1622593530845,"gmtModify":1704186874258,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>&nbsp;buy buy","listText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>&nbsp;buy buy","text":"$Luokung Technology Corp(LKCO)$ buy buy","images":[{"img":"https://static.tigerbbs.com/642f258739b550099bd9f40db0e91efe","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/113338186","isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559117231741218","authorId":"3559117231741218","name":"思维决定未来7","avatar":"https://static.tigerbbs.com/38e3c126e0967695053b12c7f0099193","crmLevel":1,"crmLevelSwitch":0},"content":"Continue to wait for a breakthrough","text":"Continue to wait for a breakthrough","html":"Continue to wait for a breakthrough"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147446297,"gmtCreate":1626388416319,"gmtModify":1703759017986,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147446297","repostId":"1165176874","repostType":4,"repost":{"id":"1165176874","pubTimestamp":1626387247,"share":"https://www.laohu8.com/m/news/1165176874?lang=&edition=full","pubTime":"2021-07-16 06:14","market":"us","language":"en","title":"Expect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record","url":"https://stock-news.laohu8.com/highlight/detail?id=1165176874","media":"MarketWatch","summary":"Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.Get ready for the most severe correction since the bull market began in March 2020.To be sure, predictions are a dime a dozen on Wall Street. But this one comes from Hayes Martin, president of investment advisory firmMarket Extremes. I was introduced to Martin’s work several years ago and since then I’ve found his predictions of market turning points to be impressive. . I devoted two columns to Martin’s f","content":"<blockquote>\n Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.\n</blockquote>\n<p>Get ready for the most severe correction since the bull market began in March 2020.</p>\n<p>To be sure, predictions are a dime a dozen on Wall Street. But this one comes from Hayes Martin, president of investment advisory firmMarket Extremes. I was introduced to Martin’s work several years ago and since then I’ve found his predictions of market turning points to be impressive. (For the record: Martin does not have an investment newsletter; my newsletter-tracking firm does not audit his investment performance.)</p>\n<p>I devoted two columns to Martin’s forecasts over the past year, and both proved prescient. In May 2020, I concluded that “the stock market… is stronger than even the most bullish investors believe.” In January of this year, I wrote that the market was still “firing on all cylinders.”</p>\n<p>In an interview on July 14, Martin said the U.S. stock market today is most definitely not firing on all cylinders. In fact, he said, the market’s internal health is now worse than at any time since October 2018. That was the beginning of a 20% decline in the S&amp;P 500SPX,-0.33%and a 26% decline in the small-cap Russell 2000 IndexRUT,-0.55%.(Martin anticipated that decline as well; seemy Oct. 4, 2018, column.)</p>\n<p>Martin hastened to add that the market’s internal health is not as bad today as it was in 2018. This time around, he is forecasting a decline of 10% or more for the leading U.S. stock indexes. As for timing, he says that the decline could begin at any time, but he anticipates that it will begin no later than mid-August.</p>\n<p><b>The source of the market’s ill-health</b></p>\n<p>Martin bases his sobering forecast on the increasing divergences within the U.S. market, as indicated by fewer and fewer stocks participating in the headline-grabbing strength of the leading indices. One indicator of these divergences is the growing number of stocks hitting new lows, for example. On Wednesday of this week, for example, even as the Nasdaq 100NDX,-0.71%and the S&amp;P 100OEX,-0.37%indexes were hitting new highs, many sectors were registering a plurality of new lows.</p>\n<p>This was particularly evident in the small- and mid-cap sectors, as represented by the Russell 2000 index. On July 13 there were more new lows than new highs within that index for the second consecutive day. In Martin’s data for the Russell 2000’s new highs and new lows, which extends back to June 2000, what happened this week has happened only three other times — in September 2014, July 2015 and October 2018. In all three cases, three months later both the S&amp;P 500 and Russell 2000 were at least 10% lower.</p>\n<p>Martin reports that the only area of the market not showing dangerous divergences right now is the large-cap dominated S&amp;P 500. Except for that sector, he says that the “stock market’s current internals are some of the worst I’ve seen in decades.”</p>\n<p>Martin added that these severe divergences are occurring as equities are severely overvalued — with some stocks in bubble territory. This means that, when the market does decline, it’s likely to fall more than it would otherwise.</p>\n<p>Adding fuel to the fire, he continued, is the too-bullish investor sentiment that prevails right now. As contrarians remind us, such sentiment extremes mean that the path of least resistance for the market is down.</p>\n<p>To be sure, Martin concluded, stocks have been overvalued for some time now, and bullish sentiment has been at or close to extremes. The missing piece was market divergences. That piece is now in place.</p>","source":"lsy1603348471595","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>Expect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record</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\">\nExpect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 06:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/expect-a-10-correction-in-u-s-stocks-by-mid-august-says-this-forecaster-with-a-proven-track-record-11626380633?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.\n\nGet ready for the most severe correction since the bull market began in March 2020.\nTo be sure, ...</p>\n\n<a href=\"https://www.marketwatch.com/story/expect-a-10-correction-in-u-s-stocks-by-mid-august-says-this-forecaster-with-a-proven-track-record-11626380633?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/expect-a-10-correction-in-u-s-stocks-by-mid-august-says-this-forecaster-with-a-proven-track-record-11626380633?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165176874","content_text":"Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.\n\nGet ready for the most severe correction since the bull market began in March 2020.\nTo be sure, predictions are a dime a dozen on Wall Street. But this one comes from Hayes Martin, president of investment advisory firmMarket Extremes. I was introduced to Martin’s work several years ago and since then I’ve found his predictions of market turning points to be impressive. (For the record: Martin does not have an investment newsletter; my newsletter-tracking firm does not audit his investment performance.)\nI devoted two columns to Martin’s forecasts over the past year, and both proved prescient. In May 2020, I concluded that “the stock market… is stronger than even the most bullish investors believe.” In January of this year, I wrote that the market was still “firing on all cylinders.”\nIn an interview on July 14, Martin said the U.S. stock market today is most definitely not firing on all cylinders. In fact, he said, the market’s internal health is now worse than at any time since October 2018. That was the beginning of a 20% decline in the S&P 500SPX,-0.33%and a 26% decline in the small-cap Russell 2000 IndexRUT,-0.55%.(Martin anticipated that decline as well; seemy Oct. 4, 2018, column.)\nMartin hastened to add that the market’s internal health is not as bad today as it was in 2018. This time around, he is forecasting a decline of 10% or more for the leading U.S. stock indexes. As for timing, he says that the decline could begin at any time, but he anticipates that it will begin no later than mid-August.\nThe source of the market’s ill-health\nMartin bases his sobering forecast on the increasing divergences within the U.S. market, as indicated by fewer and fewer stocks participating in the headline-grabbing strength of the leading indices. One indicator of these divergences is the growing number of stocks hitting new lows, for example. On Wednesday of this week, for example, even as the Nasdaq 100NDX,-0.71%and the S&P 100OEX,-0.37%indexes were hitting new highs, many sectors were registering a plurality of new lows.\nThis was particularly evident in the small- and mid-cap sectors, as represented by the Russell 2000 index. On July 13 there were more new lows than new highs within that index for the second consecutive day. In Martin’s data for the Russell 2000’s new highs and new lows, which extends back to June 2000, what happened this week has happened only three other times — in September 2014, July 2015 and October 2018. In all three cases, three months later both the S&P 500 and Russell 2000 were at least 10% lower.\nMartin reports that the only area of the market not showing dangerous divergences right now is the large-cap dominated S&P 500. Except for that sector, he says that the “stock market’s current internals are some of the worst I’ve seen in decades.”\nMartin added that these severe divergences are occurring as equities are severely overvalued — with some stocks in bubble territory. This means that, when the market does decline, it’s likely to fall more than it would otherwise.\nAdding fuel to the fire, he continued, is the too-bullish investor sentiment that prevails right now. As contrarians remind us, such sentiment extremes mean that the path of least resistance for the market is down.\nTo be sure, Martin concluded, stocks have been overvalued for some time now, and bullish sentiment has been at or close to extremes. The missing piece was market divergences. That piece is now in place.","news_type":1},"isVote":1,"tweetType":1,"viewCount":5,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149286856,"gmtCreate":1625730409575,"gmtModify":1703747281814,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Buyyyy","listText":"Buyyyy","text":"Buyyyy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149286856","repostId":"2149313255","repostType":4,"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145919491,"gmtCreate":1626185808713,"gmtModify":1703755110082,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DPLS\">$DarkPulse, Inc.(DPLS)$</a>&nbsp;that drop. Wonderwho became them bagholders","listText":"<a href=\"https://laohu8.com/S/DPLS\">$DarkPulse, Inc.(DPLS)$</a>&nbsp;that drop. Wonderwho became them bagholders","text":"$DarkPulse, Inc.(DPLS)$ that drop. Wonderwho became them bagholders","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/145919491","isVote":1,"tweetType":1,"viewCount":914,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"content":"me ?. just bought it today","text":"me ?. just bought it today","html":"me ?. just bought it today"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095113176,"gmtCreate":1644849969419,"gmtModify":1676533967723,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Go shopee pee pee pee","listText":"Go shopee pee pee pee","text":"Go shopee pee pee pee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095113176","repostId":"1198659303","repostType":2,"repost":{"id":"1198659303","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":1644849356,"share":"https://www.laohu8.com/m/news/1198659303?lang=&edition=full","pubTime":"2022-02-14 22:35","market":"us","language":"en","title":"Sea Shares Fell 13% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1198659303","media":"Tiger Newspress","summary":"Sea shares fell 13% in morning trading.The government of India banned its Garena Free Fire game for ","content":"<html><head></head><body><p>Sea shares fell 13% in morning trading.</p><p><img src=\"https://static.tigerbbs.com/eb4fcfb6538e7f372c7801454eb08ef9\" tg-width=\"711\" tg-height=\"598\" referrerpolicy=\"no-referrer\"/>The government of India banned its Garena Free Fire game for download owing to security concerns of the game&#39;s code. Free Fire accounts for some 10% of Sea&#39;s gaming revenue according to some estimates, but gaming in general - and the optimistic assumptions built into its further growth - have been a key part of Sea&#39;s valuation.</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>Sea Shares Fell 13% in Morning 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\">\nSea Shares Fell 13% in Morning 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\">2022-02-14 22:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea shares fell 13% in morning trading.</p><p><img src=\"https://static.tigerbbs.com/eb4fcfb6538e7f372c7801454eb08ef9\" tg-width=\"711\" tg-height=\"598\" referrerpolicy=\"no-referrer\"/>The government of India banned its Garena Free Fire game for download owing to security concerns of the game&#39;s code. Free Fire accounts for some 10% of Sea&#39;s gaming revenue according to some estimates, but gaming in general - and the optimistic assumptions built into its further growth - have been a key part of Sea&#39;s valuation.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198659303","content_text":"Sea shares fell 13% in morning trading.The government of India banned its Garena Free Fire game for download owing to security concerns of the game's code. Free Fire accounts for some 10% of Sea's gaming revenue according to some estimates, but gaming in general - and the optimistic assumptions built into its further growth - have been a key part of Sea's valuation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":570,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4102601568648950","authorId":"4102601568648950","name":"LHC0511","avatar":"https://static.tigerbbs.com/36137ecfd83799ae98abc1275df51d30","crmLevel":3,"crmLevelSwitch":0},"content":"sounds like music in toilet","text":"sounds like music in toilet","html":"sounds like music in toilet"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098016843,"gmtCreate":1643967469995,"gmtModify":1676533877200,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Goo to BTFD!&nbsp;","listText":"Goo to BTFD!&nbsp;","text":"Goo to BTFD!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098016843","repostId":"1198796246","repostType":2,"repost":{"id":"1198796246","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":1643966370,"share":"https://www.laohu8.com/m/news/1198796246?lang=&edition=full","pubTime":"2022-02-04 17:19","market":"us","language":"en","title":"Ford Slid Over 5% in Premarket Trading though It showed a Bullish 2022 Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1198796246","media":"Tiger Newspress","summary":"Ford slid over 5% in premarket trading though it showed a bullish 2022 outlook. It earned $12.3 bill","content":"<html><head></head><body><p>Ford slid over 5% in premarket trading though it showed a bullish 2022 outlook.</p><p><img src=\"https://static.tigerbbs.com/05fc2e6141b6d97ebebdefb2b687a2c5\" tg-width=\"767\" tg-height=\"562\" width=\"100%\" height=\"auto\"/> </p><p>It earned $12.3 billion, or $3.03 a share, in the fourth quarter, swinging from a loss of $2.8 billion, or 70 cents a share, in the year-ago quarter. Adjusted for one-time items, Ford said it earned 26 cents a share.</p><p>Ford sales rose 5% to $37.7 billion. Analysts polled by FactSet expected the auto maker to report adjusted earnings of 45 cents a share on sales of $41.2 billion.</p><p>Chief Financial Officer John Lawler said during a call with reporters that Ford expects 2022 earnings before interest and taxes to grow by 15% to 25%, outpacing the predicted 10-15% increase in vehicle production. Ford should hit an 8% pretax profit margin this year, a year ahead of schedule, he said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford Slid Over 5% in Premarket Trading though It showed a Bullish 2022 Outlook</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\">\nFord Slid Over 5% in Premarket Trading though It showed a Bullish 2022 Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-04 17:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Ford slid over 5% in premarket trading though it showed a bullish 2022 outlook.</p><p><img src=\"https://static.tigerbbs.com/05fc2e6141b6d97ebebdefb2b687a2c5\" tg-width=\"767\" tg-height=\"562\" width=\"100%\" height=\"auto\"/> </p><p>It earned $12.3 billion, or $3.03 a share, in the fourth quarter, swinging from a loss of $2.8 billion, or 70 cents a share, in the year-ago quarter. Adjusted for one-time items, Ford said it earned 26 cents a share.</p><p>Ford sales rose 5% to $37.7 billion. Analysts polled by FactSet expected the auto maker to report adjusted earnings of 45 cents a share on sales of $41.2 billion.</p><p>Chief Financial Officer John Lawler said during a call with reporters that Ford expects 2022 earnings before interest and taxes to grow by 15% to 25%, outpacing the predicted 10-15% increase in vehicle production. Ford should hit an 8% pretax profit margin this year, a year ahead of schedule, he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198796246","content_text":"Ford slid over 5% in premarket trading though it showed a bullish 2022 outlook. It earned $12.3 billion, or $3.03 a share, in the fourth quarter, swinging from a loss of $2.8 billion, or 70 cents a share, in the year-ago quarter. Adjusted for one-time items, Ford said it earned 26 cents a share.Ford sales rose 5% to $37.7 billion. Analysts polled by FactSet expected the auto maker to report adjusted earnings of 45 cents a share on sales of $41.2 billion.Chief Financial Officer John Lawler said during a call with reporters that Ford expects 2022 earnings before interest and taxes to grow by 15% to 25%, outpacing the predicted 10-15% increase in vehicle production. Ford should hit an 8% pretax profit margin this year, a year ahead of schedule, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}