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aaffsmcjje

aaffsmcjje

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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

US-Listed China Stocks See $100 Billion Wipeout in Jittery Month

2023-03-23

$Luokung Technology Corp(LKCO)$ now is the right time to buy!

2023-04-17

Whats this game even about

Roblox Shares Fall 10% After Releasing March Metrics

2023-05-29

The next biggest catalyst is when biden thrown off next election

Bear Market Looms for China Stocks in Hong Kong as Losses Mount

2023-05-18

Buy more

Alibaba Misses Revenue Estimates, Approves Cloud Unit Spinoff

2023-08-02

That's actually a good thing for society

Chinese tech stocks dip after draft rules by China to curb internet use by minors

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

2022-02-05

$Sphere 3D(ANY)$ppl laugh when i told them this is buy below $2. Look at it. One to hold long

2022-12-22

Theres always a first time for almost everything

Is a 2023 Stock-Market Rebound in Store After 2022 Selloff?

2022-10-21

Go buy. No on3 stopping. This is a trap. Go buy now

Dow Rises 300 Points As Short-Term Yields Fall on Potential for Fed to Slow Rate Hikes

2023-02-08

Lol solana

Sorry, the original content has been removed

2022-10-27

Look at NVDA b4 pandemic levels. Still way too high now at these levels

2 Growth Stocks Down 60% From Their Highs That Could Be Future Steals

2021-06-02

$Luokung Technology Corp(LKCO)$ buy buy

2021-07-16

Gg

Expect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record

2021-07-08

Buyyyy

Why Is Cathie Wood Buying Netflix and Selling Roku?

2021-07-13

$DarkPulse, Inc.(DPLS)$ that drop. Wonderwho became them bagholders

2022-10-18

Will drop more

Oversold Conditions Grant a Mega Buying Opportunity

2022-07-02

Solid rebound? Lol

Wall Street Ends First Day of Third Quarter With Solid Rebound

2022-02-14

Go shopee pee pee pee

Sea Shares Fell 13% in Morning Trading

2022-02-04

Goo to BTFD!

Ford Slid Over 5% in Premarket Trading though It showed a Bullish 2022 Outlook

Go to Tiger App to see more news

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Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2486260040","media":"Dow Jones","summary":"0818 GMT - Hong Kong shares closed flat, as gains in some tech and consumer stocks offset losses in the auto and semiconductor sectors. 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Meanwhile, Li Auto and BYD fell 0.9% and 1.0%, respectively. Semiconductor Manufacturing International Corp. dropped 1.9%. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 26, 2024 03:18 ET (08:18 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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>Hong Kong Shares End Flat as Trump Threatens Higher Tariffs on China Products -- Market Talk</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\">\nHong Kong Shares End Flat as Trump Threatens Higher Tariffs on China Products -- Market Talk\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\">2024-11-26 16:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0818 GMT - Hong Kong shares closed flat, as gains in some tech and consumer stocks offset losses in the auto and semiconductor sectors. The benchmark Hang Seng Index was flat at 19159.20 and the Hang Seng Tech Index fell 0.3%. Investors are digesting Trump's pledge to impose an additional 10% tariff on Chinese products. Baidu led gains on the HSI, up 4.2%. JD.com and Alibaba Group advanced 1.9% and 1.7%, respectively. Budweiser Brewing rose 2.1%. Meanwhile, Li Auto and BYD fell 0.9% and 1.0%, respectively. Semiconductor Manufacturing International Corp. dropped 1.9%. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 26, 2024 03:18 ET (08:18 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4220":"综合零售","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4535":"淡马锡持仓","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4524":"宅经济概念","BK4527":"明星科技股","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4538":"云计算","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4579":"人工智能","BK4588":"碎股","BK4526":"热门中概股","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","BABA":"阿里巴巴","BK4503":"景林资产持仓","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4122":"互联网与直销零售","BK4502":"阿里概念","BK4505":"高瓴资本持仓","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4581":"高盛持仓","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","09988":"阿里巴巴-W","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4548":"巴美列捷福持仓","LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4565":"NFT概念","LU1688375341.USD":"贝莱德中国灵活股票基金","LU1152091168.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" INC","LU1008478684.HKD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (HKD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4575":"芯片概念","BK4554":"元宇宙及AR概念","BK4531":"中概回港概念","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0918141887.USD":"安联亚洲实际收益股票基金","BK4585":"ETF&股票定投概念","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK4558":"双十一"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2486260040","content_text":"0818 GMT - Hong Kong shares closed flat, as gains in some tech and consumer stocks offset losses in the auto and semiconductor sectors. The benchmark Hang Seng Index was flat at 19159.20 and the Hang Seng Tech Index fell 0.3%. Investors are digesting Trump's pledge to impose an additional 10% tariff on Chinese products. Baidu led gains on the HSI, up 4.2%. JD.com and Alibaba Group advanced 1.9% and 1.7%, respectively. Budweiser Brewing rose 2.1%. Meanwhile, Li Auto and BYD fell 0.9% and 1.0%, respectively. Semiconductor Manufacturing International Corp. dropped 1.9%. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 26, 2024 03:18 ET (08:18 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373352779067504,"gmtCreate":1732179959539,"gmtModify":1732179963668,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"Its normal","listText":"Its normal","text":"Its normal","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373352779067504","repostId":"373240002535880","repostType":1,"repost":{"id":373240002535880,"gmtCreate":1732168537281,"gmtModify":1732168540537,"author":{"id":"3562484784257058","authorId":"3562484784257058","name":"Semangkaka","avatar":"https://static.tigerbbs.com/f90131e92acdf55a1c46162e05bd5cd1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562484784257058","authorIdStr":"3562484784257058"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$&nbsp;</a> Yesterday was brutal! From 30c drop back and almost lost all the gains! Still no news??","listText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$&nbsp;</a> Yesterday was brutal! From 30c drop back and almost lost all the gains! Still no news??","text":"$Tonix Pharmaceuticals(TNXP)$ Yesterday was brutal! From 30c drop back and almost lost all the gains! Still no news??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373240002535880","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372456634282184,"gmtCreate":1731940993634,"gmtModify":1731940997407,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$&nbsp;</a> woohoooo","listText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$&nbsp;</a> woohoooo","text":"$Tonix Pharmaceuticals(TNXP)$ woohoooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372456634282184","isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348319584469136,"gmtCreate":1726045003219,"gmtModify":1726045007335,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"The stock offering keeps coming. Just gonna get diluted further unless something concrete appears","listText":"The stock offering keeps coming. Just gonna get diluted further unless something concrete appears","text":"The stock offering keeps coming. Just gonna get diluted further unless something concrete appears","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348319584469136","repostId":"347917125730624","repostType":1,"repost":{"id":347917125730624,"gmtCreate":1725964237119,"gmtModify":1725968311471,"author":{"id":"4186961749712122","authorId":"4186961749712122","name":"Stoid","avatar":"https://community-static.tradeup.com/news/94980b869909f41553426a72d85376a1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4186961749712122","authorIdStr":"4186961749712122"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$</a>&nbsp; Can somebody please educate me on this stocks flight path - it's got hot off the press fast track approval for it's Monkey Pox vaccine, additional funding has been raised successfully, it's got other promising big pharma projects in Phase 3 trials, highly reputable shareholders with stakes in it and it was trading at ~19 cents pre- market after getting a flurry up to ~ 24 cents and now all it wants to do in pre-market trading is go down??? Sorry, but I just can't see what I'm missing on this shitta - can you? 😳😭😷","listText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$</a>&nbsp; Can somebody please educate me on this stocks flight path - it's got hot off the press fast track approval for it's Monkey Pox vaccine, additional funding has been raised successfully, it's got other promising big pharma projects in Phase 3 trials, highly reputable shareholders with stakes in it and it was trading at ~19 cents pre- market after getting a flurry up to ~ 24 cents and now all it wants to do in pre-market trading is go down??? Sorry, but I just can't see what I'm missing on this shitta - can you? 😳😭😷","text":"$Tonix Pharmaceuticals(TNXP)$ Can somebody please educate me on this stocks flight path - it's got hot off the press fast track approval for it's Monkey Pox vaccine, additional funding has been raised successfully, it's got other promising big pharma projects in Phase 3 trials, highly reputable shareholders with stakes in it and it was trading at ~19 cents pre- market after getting a flurry up to ~ 24 cents and now all it wants to do in pre-market trading is go down??? Sorry, but I just can't see what I'm missing on this shitta - can you? 😳😭😷","images":[{"img":"https://community-static.tradeup.com/news/d6c06a02e9c22091af6b440aebfe2249","width":"1125","height":"2664"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347917125730624","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345419103543328,"gmtCreate":1725359537137,"gmtModify":1725359541164,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$ </a> more offerings! $150 million! 😂","listText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$ </a> more offerings! $150 million! 😂","text":"$Tonix Pharmaceuticals(TNXP)$ more offerings! $150 million! 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/345419103543328","isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3562484784257058","authorId":"3562484784257058","name":"Semangkaka","avatar":"https://static.tigerbbs.com/f90131e92acdf55a1c46162e05bd5cd1","crmLevel":4,"crmLevelSwitch":0,"idStr":"3562484784257058","authorIdStr":"3562484784257058"},"content":"Correct! Its gane over. Might as well hold all the way","text":"Correct! Its gane over. Might as well hold all the way","html":"Correct! Its gane over. Might as well hold all the way"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303290847682872,"gmtCreate":1715065965873,"gmtModify":1715065969759,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HSTECH\">$HSTECH(HSTECH)$&nbsp;</a><v-v data-views=\"1\"></v-v> must buy","listText":"<a href=\"https://ttm.financial/S/HSTECH\">$HSTECH(HSTECH)$&nbsp;</a><v-v data-views=\"1\"></v-v> must buy","text":"$HSTECH(HSTECH)$ must buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303290847682872","isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":244526526730392,"gmtCreate":1700722770079,"gmtModify":1700722774215,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"highlight","pubTimestamp":1700720100,"share":"https://ttm.financial/m/news/2385003745?lang=&edition=fundamental","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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\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":{"LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","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","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4527":"明星科技股","BK4550":"红杉资本持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4551":"寇图资本持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4581":"高盛持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","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","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","RIVN":"Rivian Automotive, Inc.","BK4548":"巴美列捷福持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC"},"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":457,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"repost":{"id":"2384589323","kind":"highlight","pubTimestamp":1700488117,"share":"https://ttm.financial/m/news/2384589323?lang=&edition=fundamental","pubTime":"2023-11-20 21:48","market":"us","language":"en","title":"Alibaba: Don't Fall For This Trap","url":"https://stock-news.laohu8.com/highlight/detail?id=2384589323","media":"seekingalpha","summary":"Let's figure it out. Alibaba's Q2 Results Weren't That Bad Alibaba Group experienced a 9% stock drop after reporting its second-quarter results, which included revenue of RMB224.79 billion , growing 8.5% year-over-year but falling short of analysts' expectations. But non-GAAP earnings per American depositary share  increased by 21% to RMB15.63 , surpassing estimates. Seeking Alpha News Segment-wise, revenue for Taobao and Tmall Group reached RMB97.7 billion, up 4%, with adjusted EBITDA increasing by 3% to RMB47.1 billion. Alibaba International Digital Commerce Group reported revenue of RMB24.5 billion, a 53% increase, while Cainiao's total revenue grew by 25% to RMB22.8 billion. Local Services Group revenue rose by 16% to RMB15.6 billion. Cloud Intelligence Group generated revenue of RMB27.6 billion, a 2% increase, while its adjusted EBITDA increased by 44% to RMB1.4 billion. The Digital Media Entertainment group reported revenue of RMB5.8 billion, marking an 11% increase, with an impr","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba&#39;s Q2 results fell short of expectations, but non-GAAP earnings per ADS surpassed estimates.</p></li><li><p>The bullish catalyst, which was supposed to facilitate BABA’s business processes and enable the individual companies to grow faster under conditions of relative independence, has not materialized.</p></li><li><p>Alibaba&#39;s low valuation is mainly due to a lack of growth, making it less attractive compared to other companies in the same industry.</p></li><li><p>I still don&#39;t see the point of buying the Chinese giant for 7.57x FY2029 P/E to get a 6-year EPS CAGR of 4.1% when I can buy <a href=\"https://laohu8.com/S/EBAY\">eBay</a> for 6.64x and get a CAGR of 6.6%.</p></li><li><p>I do not recommend investors buy BABA shares, no matter how cheap and promising they may seem at first glance.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f805543ab3786cb8cb1d7d9034e0368\" tg-width=\"750\" tg-height=\"500\"/></p><p>Robert Way</p><h2 id=\"id_3023641657\">Introduction</h2><p>I&#39;ve been covering <strong>Alibaba Group Holding Limited</strong> (NYSE:BABA) here on Seeking Alpha since September 2021. I started with a &#39;Sell&#39; rating when Alibaba was trading at $150 per share and upgraded the stock to &#39;Hold&#39; in December 2021 when the shares started trading at $113. Since then, I&#39;ve not changed my rating, although BABA kept falling lower.</p><p>The last time I published my &#39;Hold&#39; article was at the end of August 2023: At that time, I noted that BABA&#39;s attractiveness for Western investors wasn&#39;t really changing from a fundamental perspective, despite the obvious undervaluation. As time has shown, that thesis was correct, as the already cheap Chinese tech giant became even cheaper.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b2f2064f6a0cfcde1d0e9ba1c35b075\" tg-width=\"640\" tg-height=\"323\"/></p><p>Seeking Alpha, author&#39;s notes</p><p>On November 16, 2023, Alibaba published its reports for Q2 FY2024, which had a strong negative impact not only on its own shares but also on the entire tech sector in China. What happened and is it really that bad? Maybe BABA has now become a &#39;bargain&#39;? Let&#39;s figure it out.</p><h2 id=\"id_2364546700\">Alibaba&#39;s Q2 Results Weren&#39;t That Bad</h2><p>Alibaba Group experienced a 9% stock drop after reporting its second-quarter results, which included revenue of RMB224.79 billion ($30.81 billion), growing 8.5% year-over-year but falling short of analysts&#39; expectations. But non-GAAP earnings per American depositary share (ADS) increased by 21% to RMB15.63 ($2.14), surpassing estimates.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abe690de6ca639b19d15e44fb7751e43\" tg-width=\"640\" tg-height=\"375\"/></p><p>Seeking Alpha News</p><p>Segment-wise, revenue for Taobao and Tmall Group reached RMB97.7 billion, up 4%, with adjusted EBITDA increasing by 3% to RMB47.1 billion. Alibaba International Digital Commerce Group reported revenue of RMB24.5 billion, a 53% increase, while Cainiao&#39;s total revenue grew by 25% to RMB22.8 billion. Local Services Group revenue rose by 16% to RMB15.6 billion.</p><p>Cloud Intelligence Group generated revenue of RMB27.6 billion, a 2% increase, while its adjusted EBITDA increased by 44% to RMB1.4 billion. The Digital Media Entertainment group reported revenue of RMB5.8 billion, marking an 11% increase, with an improved adjusted EBITDA loss of RMB201 million compared to RMB362 million. The All Other segment, including DingTalk and Intelligent Information Platform, reported stable revenue at RMB48.1 billion and an adjusted EBITDA loss of RMB1.4 billion compared to RMB2.9 billion in the same quarter last year, primarily due to improved operating results from various businesses within the segment.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f079d95db1bcd6936771edae5f66ad82\" tg-width=\"640\" tg-height=\"343\"/></p><p>BABA&#39;s IR materials [November 2023]</p><p>Cost trends, excluding share-based compensation (SBC), revealed a decrease in the cost of revenue ratio to 62%, stability in product development expenses (5%), sales and marketing expenses (11%), and a 1% decrease in general and administrative expenses (3%).</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/801092f739134e38068d82e084028aa1\" tg-width=\"640\" tg-height=\"330\"/></p><p>BABA&#39;s IR materials [November 2023]</p><p>The company repurchased ~$3 billion worth of shares from July 1 to November 15, accounting for 1.3% of total shares outstanding [~18.6 million ADSs]. Free cash flow for the quarter was RMB45.2 billion or $6.2 billion, reflecting a massive 27% increase YoY.</p><p>During the latest earnings call, the management emphasized 3 priorities for cash deployment in the upcoming quarter: innovation for growth, reducing total shares outstanding through accretive stock repurchases, and rewarding long-term investors via dividends. In addition to the existing $40 billion share repurchase program, Alibaba&#39;s board approved an annual cash dividend of US$0.125 per ordinary share or US$1.00 per ADS for fiscal year 2023, totaling ~$2.5 billion, with a payment date expected around January 11, 2024, for ordinary shareholders and January 18, 2024, for ADS holders.</p><p>As of September 30, 2023, Alibaba maintained a strong net cash position of RMB457.8 billion or $62.7 billion. At the same time, the company&#39;s current ratio is 1.94 and the debt-to-equity ratio is only 0.16, which is very low. So BABA&#39;s financial strength looks solid with such a low level of debt and good liquidity.</p><h2 id=\"id_1338785005\">But A New Catalyst Is Already A Thing Of The Past</h2><p>I remember a few months ago when the Alibaba bulls were trying to assess the positive impact of the proposed split of the company into different companies. At the time, many thought that BABA would unlock tremendous value for its shareholders if it split into 6 separate companies that would not interfere with each other&#39;s potential growth rate.</p><p>As time has shown, this catalyst was not to prove true: During the earnings call, management announced that Alibaba had decided not to pursue a full spin-off of the Cloud Intelligence Group due to uncertainties caused by US export restrictions on advanced computer chips. That was a surprise to the market - I think this is why the stock fell so sharply after the announcement.</p><p>The emphasis now is on investing in the core businesses, including Taobao and Tmall Group, for sustainable growth. Alibaba wants to increase its ROIC to double digits in the next few years, focusing on core businesses and ensuring non-core businesses become profitable, potentially monetizing certain investments to increase cash flow.</p><p>In my subjective opinion, BABA’s problem for a long time was precisely the lack of appropriate growth in the cloud segment. While Google (GOOG), Microsoft (MSFT), and Amazon (AMZN), to which BABA is often compared, continue to grow revenue in their cloud business segments at solid double-digit rates, Alibaba&#39;s Cloud is stagnating and losing more and more global market share. AI technologies are an excellent growth driver for this niche, but for some reason, BABA&#39;s cloud still refuses to grow even though we keep hearing about AI constantly.</p><p>From the last earnings call, I realized that <strong>Alibaba&#39;s future growth will be closely linked to &#39;Value&#39; segments whose growth will heavily depend on the macroeconomic conditions in China</strong> after the post-COVID low-base effect disappears, which has not yet fully materialized.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b5ae8faa3881acff6c7b9e92ede4f2ed\" tg-width=\"640\" tg-height=\"455\"/></p><p>YCharts, author&#39;s notes</p><p>Goldman Sach notes in its October report [proprietary source], that slower growth, coupled with policy uncertainty and geopolitical risks, is lowering China&#39;s equity market fair value. However, the report suggests that while these factors are already priced in, investment opportunities lie more in alpha themes than broad market beta.</p><p>China&#39;s GDP will most likely stop growing as before. I assume that Alibaba&#39;s already high market penetration in various Chinese markets makes the company&#39;s growth more variable, which could justify its current low valuation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddee6c1ca09cb057d9f22c78e80fb06a\" tg-width=\"640\" tg-height=\"511\"/></p><p>Goldman Sachs [October 2023] - proprietary source</p><p>Yes, it is hard to believe that the current valuation of the company may be fair: BABA looks extremely undervalued with a P/E ratio for next year of ~8.8x and an EV/EBITDA of ~6.7x.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb157da684786f7e6ee0470b55d84105\" tg-width=\"635\" tg-height=\"467\"/></p><p>Data by YCharts</p><p>I think we could easily see price increases of 10-20-30% against this backdrop. But most likely these potential &#39;rips&#39; will be used by hedge funds to exit their positions, as has happened many times before. But even now that there are no &#34;rips&#34; in the Chinese market, hedge funds continue to exit their positions.</p><blockquote><p>US and European fund managers have sold a net $1.6 billion of Chinese shares so far this month, following $3.5 billion of outflows in September, data from EPFR Global and Morgan Stanley show.</p><p>Source: Bloomberg [October 19, 2023]</p></blockquote><p>I suggest we return to the burning issue - Alibaba&#39;s low valuation. Let&#39;s think for a moment about what might explain BABA&#39;s current cheapness. You might think that BABA&#39;s P/E ratio is probably below 10x due to geopolitics and market overreaction. I will answer you that this is true to some extent, but mainly BABA is cheap because there is no growth (almost). If we take the long-term consensus estimates for earnings per share and the implied P/E ratios, we see that BABA is actually valued slightly higher than eBay (EBAY) today:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7e2b3f55b77b3e323cd6e5ec8f19e32\" tg-width=\"640\" tg-height=\"385\"/></p><p>Author&#39;s calculations, Seeking Alpha data</p><p>By overpaying just 2x to BABA&#39;s long-term P/E ratio of BABA, you can buy <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> (MELI), whose EPS is estimated to grow more than 8 times faster over the same period (6 years). <em>Could anyone find &#39;fairness&#39; in the valuation of the two companies?</em></p><h2 id=\"id_4226314352\">The Bottom Line</h2><p>I understand that when comparing BABA with MELI, I&#39;m doing a little wrong by comparing companies with different business cycles. But I still don&#39;t see the point of buying the Chinese giant for 7.57x FY2029 P/E to get a 6-year EPS CAGR of 4.1% when I can buy eBay for 6.64x and get a CAGR of 6.6% (these 2 companies are roughly in the same business cycle).</p><p>The bullish catalyst, which was supposed to facilitate BABA’s business processes and enable the individual companies to grow faster under conditions of relative independence, has not materialized. Now I expect Alibaba to constrain itself and have relatively modest growth rates for which it makes no sense to overpay and take a big country risk when there are cheaper analogs in the U.S. (and even more so in emerging markets like Brazil).</p><p>Yes, Alibaba&#39;s financial position is very solid as the company continues to recover operationally and continues to buy shares from the market in large quantities. Therefore, I wouldn&#39;t be surprised if the company&#39;s shares suddenly rebound strongly. However, this potential recovery in stock price will likely provide an opportunity for the remaining investors to get out.</p><p>Based on the above, I do not recommend investors buy BABA shares, no matter how cheap and promising they may seem at first glance.</p><p><em>Thanks for reading!</em></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>Alibaba: Don't Fall For This Trap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Don't Fall For This Trap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-20 21:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4653008-alibaba-dont-fall-for-this-trap><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba's Q2 results fell short of expectations, but non-GAAP earnings per ADS surpassed estimates.The bullish catalyst, which was supposed to facilitate BABA’s business processes and enable the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4653008-alibaba-dont-fall-for-this-trap\">Web Link</a>\n\n</div>\n\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-W"},"source_url":"https://seekingalpha.com/article/4653008-alibaba-dont-fall-for-this-trap","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2384589323","content_text":"Alibaba's Q2 results fell short of expectations, but non-GAAP earnings per ADS surpassed estimates.The bullish catalyst, which was supposed to facilitate BABA’s business processes and enable the individual companies to grow faster under conditions of relative independence, has not materialized.Alibaba's low valuation is mainly due to a lack of growth, making it less attractive compared to other companies in the same industry.I still don't see the point of buying the Chinese giant for 7.57x FY2029 P/E to get a 6-year EPS CAGR of 4.1% when I can buy eBay for 6.64x and get a CAGR of 6.6%.I do not recommend investors buy BABA shares, no matter how cheap and promising they may seem at first glance.Robert WayIntroductionI've been covering Alibaba Group Holding Limited (NYSE:BABA) here on Seeking Alpha since September 2021. I started with a 'Sell' rating when Alibaba was trading at $150 per share and upgraded the stock to 'Hold' in December 2021 when the shares started trading at $113. Since then, I've not changed my rating, although BABA kept falling lower.The last time I published my 'Hold' article was at the end of August 2023: At that time, I noted that BABA's attractiveness for Western investors wasn't really changing from a fundamental perspective, despite the obvious undervaluation. As time has shown, that thesis was correct, as the already cheap Chinese tech giant became even cheaper.Seeking Alpha, author's notesOn November 16, 2023, Alibaba published its reports for Q2 FY2024, which had a strong negative impact not only on its own shares but also on the entire tech sector in China. What happened and is it really that bad? Maybe BABA has now become a 'bargain'? Let's figure it out.Alibaba's Q2 Results Weren't That BadAlibaba Group experienced a 9% stock drop after reporting its second-quarter results, which included revenue of RMB224.79 billion ($30.81 billion), growing 8.5% year-over-year but falling short of analysts' expectations. But non-GAAP earnings per American depositary share (ADS) increased by 21% to RMB15.63 ($2.14), surpassing estimates.Seeking Alpha NewsSegment-wise, revenue for Taobao and Tmall Group reached RMB97.7 billion, up 4%, with adjusted EBITDA increasing by 3% to RMB47.1 billion. Alibaba International Digital Commerce Group reported revenue of RMB24.5 billion, a 53% increase, while Cainiao's total revenue grew by 25% to RMB22.8 billion. Local Services Group revenue rose by 16% to RMB15.6 billion.Cloud Intelligence Group generated revenue of RMB27.6 billion, a 2% increase, while its adjusted EBITDA increased by 44% to RMB1.4 billion. The Digital Media Entertainment group reported revenue of RMB5.8 billion, marking an 11% increase, with an improved adjusted EBITDA loss of RMB201 million compared to RMB362 million. The All Other segment, including DingTalk and Intelligent Information Platform, reported stable revenue at RMB48.1 billion and an adjusted EBITDA loss of RMB1.4 billion compared to RMB2.9 billion in the same quarter last year, primarily due to improved operating results from various businesses within the segment.BABA's IR materials [November 2023]Cost trends, excluding share-based compensation (SBC), revealed a decrease in the cost of revenue ratio to 62%, stability in product development expenses (5%), sales and marketing expenses (11%), and a 1% decrease in general and administrative expenses (3%).BABA's IR materials [November 2023]The company repurchased ~$3 billion worth of shares from July 1 to November 15, accounting for 1.3% of total shares outstanding [~18.6 million ADSs]. Free cash flow for the quarter was RMB45.2 billion or $6.2 billion, reflecting a massive 27% increase YoY.During the latest earnings call, the management emphasized 3 priorities for cash deployment in the upcoming quarter: innovation for growth, reducing total shares outstanding through accretive stock repurchases, and rewarding long-term investors via dividends. In addition to the existing $40 billion share repurchase program, Alibaba's board approved an annual cash dividend of US$0.125 per ordinary share or US$1.00 per ADS for fiscal year 2023, totaling ~$2.5 billion, with a payment date expected around January 11, 2024, for ordinary shareholders and January 18, 2024, for ADS holders.As of September 30, 2023, Alibaba maintained a strong net cash position of RMB457.8 billion or $62.7 billion. At the same time, the company's current ratio is 1.94 and the debt-to-equity ratio is only 0.16, which is very low. So BABA's financial strength looks solid with such a low level of debt and good liquidity.But A New Catalyst Is Already A Thing Of The PastI remember a few months ago when the Alibaba bulls were trying to assess the positive impact of the proposed split of the company into different companies. At the time, many thought that BABA would unlock tremendous value for its shareholders if it split into 6 separate companies that would not interfere with each other's potential growth rate.As time has shown, this catalyst was not to prove true: During the earnings call, management announced that Alibaba had decided not to pursue a full spin-off of the Cloud Intelligence Group due to uncertainties caused by US export restrictions on advanced computer chips. That was a surprise to the market - I think this is why the stock fell so sharply after the announcement.The emphasis now is on investing in the core businesses, including Taobao and Tmall Group, for sustainable growth. Alibaba wants to increase its ROIC to double digits in the next few years, focusing on core businesses and ensuring non-core businesses become profitable, potentially monetizing certain investments to increase cash flow.In my subjective opinion, BABA’s problem for a long time was precisely the lack of appropriate growth in the cloud segment. While Google (GOOG), Microsoft (MSFT), and Amazon (AMZN), to which BABA is often compared, continue to grow revenue in their cloud business segments at solid double-digit rates, Alibaba's Cloud is stagnating and losing more and more global market share. AI technologies are an excellent growth driver for this niche, but for some reason, BABA's cloud still refuses to grow even though we keep hearing about AI constantly.From the last earnings call, I realized that Alibaba's future growth will be closely linked to 'Value' segments whose growth will heavily depend on the macroeconomic conditions in China after the post-COVID low-base effect disappears, which has not yet fully materialized.YCharts, author's notesGoldman Sach notes in its October report [proprietary source], that slower growth, coupled with policy uncertainty and geopolitical risks, is lowering China's equity market fair value. However, the report suggests that while these factors are already priced in, investment opportunities lie more in alpha themes than broad market beta.China's GDP will most likely stop growing as before. I assume that Alibaba's already high market penetration in various Chinese markets makes the company's growth more variable, which could justify its current low valuation.Goldman Sachs [October 2023] - proprietary sourceYes, it is hard to believe that the current valuation of the company may be fair: BABA looks extremely undervalued with a P/E ratio for next year of ~8.8x and an EV/EBITDA of ~6.7x.Data by YChartsI think we could easily see price increases of 10-20-30% against this backdrop. But most likely these potential 'rips' will be used by hedge funds to exit their positions, as has happened many times before. But even now that there are no \"rips\" in the Chinese market, hedge funds continue to exit their positions.US and European fund managers have sold a net $1.6 billion of Chinese shares so far this month, following $3.5 billion of outflows in September, data from EPFR Global and Morgan Stanley show.Source: Bloomberg [October 19, 2023]I suggest we return to the burning issue - Alibaba's low valuation. Let's think for a moment about what might explain BABA's current cheapness. You might think that BABA's P/E ratio is probably below 10x due to geopolitics and market overreaction. I will answer you that this is true to some extent, but mainly BABA is cheap because there is no growth (almost). If we take the long-term consensus estimates for earnings per share and the implied P/E ratios, we see that BABA is actually valued slightly higher than eBay (EBAY) today:Author's calculations, Seeking Alpha dataBy overpaying just 2x to BABA's long-term P/E ratio of BABA, you can buy MercadoLibre (MELI), whose EPS is estimated to grow more than 8 times faster over the same period (6 years). Could anyone find 'fairness' in the valuation of the two companies?The Bottom LineI understand that when comparing BABA with MELI, I'm doing a little wrong by comparing companies with different business cycles. But I still don't see the point of buying the Chinese giant for 7.57x FY2029 P/E to get a 6-year EPS CAGR of 4.1% when I can buy eBay for 6.64x and get a CAGR of 6.6% (these 2 companies are roughly in the same business cycle).The bullish catalyst, which was supposed to facilitate BABA’s business processes and enable the individual companies to grow faster under conditions of relative independence, has not materialized. Now I expect Alibaba to constrain itself and have relatively modest growth rates for which it makes no sense to overpay and take a big country risk when there are cheaper analogs in the U.S. (and even more so in emerging markets like Brazil).Yes, Alibaba's financial position is very solid as the company continues to recover operationally and continues to buy shares from the market in large quantities. Therefore, I wouldn't be surprised if the company's shares suddenly rebound strongly. However, this potential recovery in stock price will likely provide an opportunity for the remaining investors to get out.Based on the above, I do not recommend investors buy BABA shares, no matter how cheap and promising they may seem at first glance.Thanks for reading!","news_type":1},"isVote":1,"tweetType":1,"viewCount":347,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"repost":{"id":"1104026944","kind":"news","pubTimestamp":1700263010,"share":"https://ttm.financial/m/news/1104026944?lang=&edition=fundamental","pubTime":"2023-11-18 07:16","market":"us","language":"en","title":"Backlash Spreads Over Musk’s Endorsement of Antisemitic Post","url":"https://stock-news.laohu8.com/highlight/detail?id=1104026944","media":"Bloomberg","summary":"Apple, IBM , others pull ads on X, citing hate speechTesla investors criticize CEO; White House issues rebukeOutcry over unchecked antisemitic content and commentary on social media site X, some of it","content":"<html><head></head><body><ul style=\"\"><li><p>Apple, IBM , others pull ads on X, citing hate speech</p></li><li><p>Tesla investors criticize CEO; White House issues rebuke</p></li></ul><p>Outcry over unchecked antisemitic content and commentary on social media site X, some of it endorsed by the platform’s owner Elon Musk, reached a tipping point on Friday, with large advertisers such as Apple Inc. pulling ads and the White House chastising the billionaire.</p><p style=\"text-align: start;\">Musk, who regularly engages with antisemitic users on X, agreed with a post that said Jewish people hold a “dialectical hatred” of white people. “You have said the actual truth,” Musk responded.</p><p>The White House called Musk’s reply an “unacceptable” act that endangers Jewish communities. Meanwhile, several Tesla Inc. shareholders also spoke out against Musk, who is the chief executive officer of the electric car maker, with some saying he should be suspended from his post.</p><p>Americans have “an obligation to speak out against anyone who attacks the dignity of their fellow Americans and compromises the safety of our communities,” White House spokesman Andrew Bates said in a statement on Friday. Musk’s companies, including Space Exploration Technologies Corp., hold several government contracts.</p><p>Musk’s remarks added to backlash sparked by a report released Thursday from Media Matters showing ads for Apple, International Business Machines Corp., Oracle Corp., Comcast Corp.’s Xfinity brand and the Bravo television network running on X next to pro-Nazi content. IBM said it will stop advertising on X until the situation is resolved. The European Commission and Lions Gate Entertainment Corp. also said they would pull ads on X.</p><p style=\"text-align: start;\">Apple, one of the biggest advertisers on X, said it’s taking a pause in showing ads on the site. The two companies already had a precarious relationship. After Musk took over the social network last year — unleashing a torrent of job cuts and policy changes — Apple also suspended advertising for a while. Musk escalated tensions by implying that he might break Apple’s App Store rules in order to stop paying fees.</p><p style=\"text-align: start;\">But he and Apple Chief Executive Officer Tim Cook met at the iPhone maker’s headquarters late last year and patched up the relationship. Musk said in December that Apple had “fully resumed” advertising on what was then called Twitter.</p><p style=\"text-align: start;\">Cook has previously called X an “important property” but said he disagrees with the antisemitic discourse that has allegedly increased since Musk took over. He has said that the Cupertino, California-based company “constantly” asks itself if it should continue advertising.</p><p style=\"text-align: start;\">Axios earlier on Friday reported that Apple is pausing ads on X.</p><p>“X has also been extremely clear about our efforts to combat antisemitism and discrimination,” Chief Executive Officer Linda Yaccarino said on the platform Thursday. “There’s no place for it anywhere in the world — it’s ugly and wrong. Full stop.”</p><p>Musk didn’t respond to a request for comment.</p><p style=\"text-align: start;\">The latest remarks from Musk, who is the world’s richest person, come at a time of rising antisemitism and Islamophobia around the world amid the Israel-Hamas war. The Anti-Defamation League found antisemitism on X increased by more than 900% in the week following the initial Oct. 7 attack by Hamas compared to the previous week.</p><p style=\"text-align: start;\">Last year, the American Jewish Committee, an advocacy organization, called on Musk to apologize after he deleted a controversial tweet that made a satirical comparison between Canadian Prime Minister Justin Trudeau and Adolf Hitler.</p><p style=\"text-align: start;\">“I’ve just never had this with any company I’ve ever invested in, ever in my life, where the CEO of the company himself does so many detrimental things,” Ross Gerber, co-founder and chief executive officer of wealth-management firm Gerber Kawasaki Inc., said on CNBC on Thursday. “It’s destroying the brand.”</p><p>Musk has accused the ADL, a Jewish civil rights group, of undermining X’s advertising revenue by highlighting a rise in extremist content that has caused advertisers to flee. Ad sales on X are down 60% “primarily due to pressure on advertisers” mounted by the ADL, Musk said in September, after the organization said reports of harassment and extremist content spiked since he took over the company.</p><p>In September, Musk met with Israeli Prime Minster Benjamin Netanyahu at Tesla’s offices in Fremont, California, for a broadcast discussion and said, “obviously I’m against antisemitism. I’m against anti-anything that promotes hate and conflict.”</p><p>At the end of the long and wide-ranging conversation, Musk shared that he had attended a Jewish school while growing up in South Africa and could even sing “a great ‘Hava Nagila,’” a Jewish folk song.</p><p style=\"text-align: start;\">Kristin Hull, founder and chief executive officer of Nia Impact Capital, said she was “appalled” by Musk’s new posts. The social-impact fund owned about $282,200 of Tesla stock as of midyear and has waged pressure campaigns against the company for years, including via shareholder resolutions.</p><p style=\"text-align: start;\">“The impact of erratic, racist, and antisemitic speech from a CEO directly affects Tesla’s brand and bottom line in significant ways,” Hull wrote in an email Thursday. She said an appropriate response to Musk’s actions may include censure by Tesla’s board, demotion, re-assignment, suspension or removal.</p><p style=\"text-align: start;\">The European Commission advised staff to stop advertising on X due to “an alarming increase in disinformation and hate speech,” it said in a statement on Friday, which didn’t specifically cite Musk’s posts. The move was initially reported by Politico.</p><p>“The European Commission has only advertised about $5,000 so far this year, but is still organically posting across all its X handles,” Joe Benarroch, head of business operations for X, said in a message to Bloomberg.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aced32d2ef7e6998ee578b953f2f712\" tg-width=\"828\" tg-height=\"516\"/></p><p>Comcast is looking into the matter, a spokesperson said. Apple and Oracle didn’t respond to requests for comment. IBM’s decision was reported earlier by the Financial Times.</p><p style=\"text-align: start;\">X did a sweep on the accounts that Media Matters found associated with the offensive content and they will no longer be monetizable, Benarroch, said. The specific posts will be labeled “Sensitive Media.”</p><p style=\"text-align: start;\">The X system is not intentionally placing a brand actively next to this type of content, nor is a brand actively trying to support this type of content with an ad placement, Benarroch said.</p><p style=\"text-align: start;\">Facebook co-founder Dustin Moskovitz, also head of project-management software maker Asana Inc., said Yaccarino should ask Musk, who owns X and serves as the company’s chief technology officer, to resign.</p><p style=\"text-align: start;\">“Yaccarino faces her biggest test yet as she decides whether to terminate her antisemitic CTO or risk losing even more advertisers,” he wrote on Threads, another social media site. “How will she handle this tricky, yet morally unambiguous situation?”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Backlash Spreads Over Musk’s Endorsement of Antisemitic Post</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBacklash Spreads Over Musk’s Endorsement of Antisemitic Post\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-18 07:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-11-16/tesla-investor-sees-risk-to-brand-from-musk-s-antisemitic-post?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple, IBM , others pull ads on X, citing hate speechTesla investors criticize CEO; White House issues rebukeOutcry over unchecked antisemitic content and commentary on social media site X, some of it...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-11-16/tesla-investor-sees-risk-to-brand-from-musk-s-antisemitic-post?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2023-11-16/tesla-investor-sees-risk-to-brand-from-musk-s-antisemitic-post?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104026944","content_text":"Apple, IBM , others pull ads on X, citing hate speechTesla investors criticize CEO; White House issues rebukeOutcry over unchecked antisemitic content and commentary on social media site X, some of it endorsed by the platform’s owner Elon Musk, reached a tipping point on Friday, with large advertisers such as Apple Inc. pulling ads and the White House chastising the billionaire.Musk, who regularly engages with antisemitic users on X, agreed with a post that said Jewish people hold a “dialectical hatred” of white people. “You have said the actual truth,” Musk responded.The White House called Musk’s reply an “unacceptable” act that endangers Jewish communities. Meanwhile, several Tesla Inc. shareholders also spoke out against Musk, who is the chief executive officer of the electric car maker, with some saying he should be suspended from his post.Americans have “an obligation to speak out against anyone who attacks the dignity of their fellow Americans and compromises the safety of our communities,” White House spokesman Andrew Bates said in a statement on Friday. Musk’s companies, including Space Exploration Technologies Corp., hold several government contracts.Musk’s remarks added to backlash sparked by a report released Thursday from Media Matters showing ads for Apple, International Business Machines Corp., Oracle Corp., Comcast Corp.’s Xfinity brand and the Bravo television network running on X next to pro-Nazi content. IBM said it will stop advertising on X until the situation is resolved. The European Commission and Lions Gate Entertainment Corp. also said they would pull ads on X.Apple, one of the biggest advertisers on X, said it’s taking a pause in showing ads on the site. The two companies already had a precarious relationship. After Musk took over the social network last year — unleashing a torrent of job cuts and policy changes — Apple also suspended advertising for a while. Musk escalated tensions by implying that he might break Apple’s App Store rules in order to stop paying fees.But he and Apple Chief Executive Officer Tim Cook met at the iPhone maker’s headquarters late last year and patched up the relationship. Musk said in December that Apple had “fully resumed” advertising on what was then called Twitter.Cook has previously called X an “important property” but said he disagrees with the antisemitic discourse that has allegedly increased since Musk took over. He has said that the Cupertino, California-based company “constantly” asks itself if it should continue advertising.Axios earlier on Friday reported that Apple is pausing ads on X.“X has also been extremely clear about our efforts to combat antisemitism and discrimination,” Chief Executive Officer Linda Yaccarino said on the platform Thursday. “There’s no place for it anywhere in the world — it’s ugly and wrong. Full stop.”Musk didn’t respond to a request for comment.The latest remarks from Musk, who is the world’s richest person, come at a time of rising antisemitism and Islamophobia around the world amid the Israel-Hamas war. The Anti-Defamation League found antisemitism on X increased by more than 900% in the week following the initial Oct. 7 attack by Hamas compared to the previous week.Last year, the American Jewish Committee, an advocacy organization, called on Musk to apologize after he deleted a controversial tweet that made a satirical comparison between Canadian Prime Minister Justin Trudeau and Adolf Hitler.“I’ve just never had this with any company I’ve ever invested in, ever in my life, where the CEO of the company himself does so many detrimental things,” Ross Gerber, co-founder and chief executive officer of wealth-management firm Gerber Kawasaki Inc., said on CNBC on Thursday. “It’s destroying the brand.”Musk has accused the ADL, a Jewish civil rights group, of undermining X’s advertising revenue by highlighting a rise in extremist content that has caused advertisers to flee. Ad sales on X are down 60% “primarily due to pressure on advertisers” mounted by the ADL, Musk said in September, after the organization said reports of harassment and extremist content spiked since he took over the company.In September, Musk met with Israeli Prime Minster Benjamin Netanyahu at Tesla’s offices in Fremont, California, for a broadcast discussion and said, “obviously I’m against antisemitism. I’m against anti-anything that promotes hate and conflict.”At the end of the long and wide-ranging conversation, Musk shared that he had attended a Jewish school while growing up in South Africa and could even sing “a great ‘Hava Nagila,’” a Jewish folk song.Kristin Hull, founder and chief executive officer of Nia Impact Capital, said she was “appalled” by Musk’s new posts. The social-impact fund owned about $282,200 of Tesla stock as of midyear and has waged pressure campaigns against the company for years, including via shareholder resolutions.“The impact of erratic, racist, and antisemitic speech from a CEO directly affects Tesla’s brand and bottom line in significant ways,” Hull wrote in an email Thursday. She said an appropriate response to Musk’s actions may include censure by Tesla’s board, demotion, re-assignment, suspension or removal.The European Commission advised staff to stop advertising on X due to “an alarming increase in disinformation and hate speech,” it said in a statement on Friday, which didn’t specifically cite Musk’s posts. The move was initially reported by Politico.“The European Commission has only advertised about $5,000 so far this year, but is still organically posting across all its X handles,” Joe Benarroch, head of business operations for X, said in a message to Bloomberg.Comcast is looking into the matter, a spokesperson said. Apple and Oracle didn’t respond to requests for comment. IBM’s decision was reported earlier by the Financial Times.X did a sweep on the accounts that Media Matters found associated with the offensive content and they will no longer be monetizable, Benarroch, said. The specific posts will be labeled “Sensitive Media.”The X system is not intentionally placing a brand actively next to this type of content, nor is a brand actively trying to support this type of content with an ad placement, Benarroch said.Facebook co-founder Dustin Moskovitz, also head of project-management software maker Asana Inc., said Yaccarino should ask Musk, who owns X and serves as the company’s chief technology officer, to resign.“Yaccarino faces her biggest test yet as she decides whether to terminate her antisemitic CTO or risk losing even more advertisers,” he wrote on Threads, another social media site. “How will she handle this tricky, yet morally unambiguous situation?”","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":242071121314040,"gmtCreate":1700136599361,"gmtModify":1700136602841,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$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":464,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"highlight","pubTimestamp":1698065698,"share":"https://ttm.financial/m/news/2377790581?lang=&edition=fundamental","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":186,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1697789233,"share":"https://ttm.financial/m/news/1175302760?lang=&edition=fundamental","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 $920 million.SolarEdge also forecasts significantly lower revenue in the fourth quarter as inventory destocking continues.Lando said the adjusted guidance is unrelated to the Israel-Hamas war. He added that while there's been some impact on daily routines at headquarters, offices and facilities around the world, including those in Israel, are open. The company is manufacturing and providing customer support without interruption.","news_type":1},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":231869984928000,"gmtCreate":1697638942318,"gmtModify":1697640351857,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$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":429,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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":310,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"repost":{"id":"2369111568","kind":"highlight","pubTimestamp":1695226673,"share":"https://ttm.financial/m/news/2369111568?lang=&edition=fundamental","pubTime":"2023-09-21 00:17","market":"us","language":"en","title":"Why Chinese Tech Stocks Are Falling","url":"https://stock-news.laohu8.com/highlight/detail?id=2369111568","media":"Insider Monkey","summary":"In this article, we discuss why the Chinese tech stocks are falling. If you want to skip our detailed discussion on the Chinese stock market and technology sector, head directly to Top 5 Falling Chinese Tech Stocks.Don't Miss: Goldman Sachs China Stocks: Top 10 Stock Picks. These difficulties aren't confined to a single industry – they reflect a broader trend of divergence in standards between China and Western economies. Eswar Prasad, a trade policy professor at Cornell and a former head of the I.M.F.'s China division, highlighted that China's openness","content":"<html><body><p><span>In this article, we discuss why the Chinese tech stocks are falling. If you want to skip our detailed discussion on the Chinese stock market and technology sector, head directly to <strong>Top 5 Falling Chinese Tech Stocks</strong>.</span></p>\n<p><span>The landscape of doing business in China is becoming progressively more arduous, as the Biden administration on August 9, 2023 announced limitations on investments in the region, especially in the technology sector. While these new restrictions compound the challenges that the world's second-largest economy is already facing due to a post-pandemic slowdown, they also highlight the mounting difficulties encountered by global companies operating within China. </span><span>CNBC </span><span>reported</span><span> that the focal point of these new regulations are the high-tech sectors, as the executive order from President Biden is meant to prohibit private equity and venture capital firms from investing in Chinese industries like quantum computing, artificial intelligence, and advanced semiconductors. These sectors are of significant importance to China's technological ambitions, and the restrictions could potentially impede their economic and military progress. China's economic challenges have been further underscored by recent official data revealing that the country has slipped into deflation. Additionally, trade figures released by Beijing indicate a substantial decline, marking the largest drop since the onset of the pandemic. These economic setbacks are placing businesses that heavily rely on the Chinese market in a precarious position.</span></p>\n<strong><em>Don't Miss: Goldman Sachs China Stocks: Top 10 Stock Picks</em></strong>\n<p><span>One prominent example, as mentioned by</span> <span>Reuters</span><span>, is Dentons, the largest Western law firm in China in terms of staff, which recently announced its separation from Dacheng, its Chinese unit. The two firms had merged in 2015, with Dentons even incorporating Chinese characters into its logo to symbolize its commitment to the country. However, the new counterespionage law enacted by China has created more hurdles for foreign companies operating there. The law prohibits the transfer of information related to national security without clearly defining what constitutes such information. Furthermore, it grants authorities the power to access data, electronic devices, personal property, and even to prevent individuals from leaving the country. These provisions have made it difficult for companies to adhere to established industry standards and best practices. For instance, the requirement for Chinese firms to keep the names of clients and employees confidential from foreign entities has posed challenges for American lawyers, who must ensure there are no conflicts with existing clients before taking on new ones.</span></p>\n<p><span>These difficulties aren't confined to a single industry – they reflect a broader trend of divergence in standards between China and Western economies. Eswar Prasad, a trade policy professor at Cornell and a former head of the I.M.F.'s China division, </span><span>highlighted</span><span> that China's openness to foreign business has waned over time, resulting in these discrepancies.</span></p>\n<p><span>In recent months, Chinese authorities have conducted raids on offices of consulting firms with Western ties. Furthermore, Sequoia, a prominent venture capital firm, </span><span>severed</span><span> ties with its Chinese unit in June. Reports have also emerged of employees at financial firms operating in China being required to attend lessons on President Xi Jinping's ideology. These actions indicate a heightened regulatory environment and political scrutiny that foreign companies must navigate.</span></p>\n<strong><em>Also Read: Ray Dalio’s China Stocks</em></strong>\n<p><span>However, the immense size of the Chinese market remains an undeniable allure for many businesses. Consumer companies see vast potential in the Chinese market, while foreign financial institutions eye significant returns by managing the substantial household wealth present in the country. The allure of the Chinese market is weighed against regulatory and political uncertainties, posing a tough proposition for businesses seeking to capitalize on its potential.</span></p>\n<p><span>Foreign companies operating in China are encountering additional hurdles due to new laws and regulations, including the counterespionage law, which makes compliance with industry standards challenging. While tech stocks like Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU), and JD.com, Inc. (NASDAQ:JD) often catch the interest of investors, we discuss the worst performing Chinese tech names in this article. </span></p>\n<p><b><i>Our Methodology</i></b></p>\n<p><span>We extracted the two-year performance of Chinese tech stocks by calculating the change in share price manually, then selected the worst performing stocks as of August 30. We have also assessed the hedge fund sentiment from Insider Monkey’s database of 910 elite hedge funds tracked as of the end of the second quarter of 2023. The list is arranged in descending order of the share price performance for the past two years for each firm.</span></p>\n<img height=\"517\" src=\"https://s.yimg.com/uu/api/res/1.2/1_f4HS7UsHlHNi1u_zDKFQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/c705400d8c8f6afd1dd3859f343698ba\" width=\"750\"/> andre-benz-MsMISAIe8Qw-unsplash \n<h2><b>Why Are Chinese Tech Stocks Falling</b></h2>\n<h3><b>12. Zepp Health Corporation (NYSE:ZEPP)                      </b></h3>\n<p><b><i>Share price performance for the past 2 years: </i></b><b>-90.2%</b></p>\n<p><b><i>Number of Hedge Fund holders: 3</i></b></p>\n<p><span>Zepp Health Corporation (NYSE:ZEPP) develops, manufactures, and sells smart wearable technological gadgets in the People's Republic of China. The company's operations are divided into two main sections – Self-Branded Products and Others, along with Xiaomi Wearable Products.</span></p>\n<p><span>In 2020, Xiaomi contributed to almost 70% of the firm’s revenue. The following year, Xiaomi’s contribution saw a sharp decline due to challenges in its wearable technology sector, including a scarcity of chips and a notable decrease in local demand caused by the lockdown measures in China. Zepp Health Corporation (NYSE:ZEPP)’s operating costs also increased due to the higher responsibility of developing new products and successfully introducing them to the market to overcome that loss.</span></p>\n<p><span>According to Insider Monkey’s second quarter database, 3 hedge funds were bullish on Zepp Health Corporation (NYSE:ZEPP), same as the previous quarter. Ken Griffin’s </span><span>Citadel Investment Group</span><span> is the biggest stakeholder of the company. </span></p>\n<p><span>Unlike Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU), and JD.com, Inc. (NASDAQ:JD), Zepp Health Corporation (NYSE:ZEPP) is one of the Chinese stocks that is falling.</span></p>\n<h3><b>11. Ebang International Holdings Inc. (NASDAQ:EBON)                        </b></h3>\n<p><b><i>Share price performance for the past 2 years: </i></b><b>-90.4%</b></p>\n<p><b><i>Number of Hedge Fund holders: 1</i></b></p>\n<p><span>Ebang International Holdings Inc. (NASDAQ:EBON) researches, designs, and develops application-specific integrated circuit chips and manufactures Bitcoin mining machines under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. The firm's business is cryptocurrency-based and hence very volatile. How it performs in the stock market largely depends on bitcoin price. If the price of Bitcoin drops, Ebang International Holdings Inc. (NASDAQ:EBON)’s business performance will also be negatively impacted. Furthermore, the concentration of buyers and sellers and the credit risks makes the business quite unpredictable and vulnerable.</span></p>\n<p><span>According to Insider Monkey’s second quarter database, Jim Simons’</span> <span>Renaissance Technologies</span><span> held 43,013 shares of the company worth $297,000.</span></p>\n<h3><strong>10. </strong><strong>Aurora Mobile Limited (NASDAQ:JG)             </strong></h3>\n<p><b><i>Share price performance for the past 2 years: </i></b><b>-90.5%</b></p>\n<p><b><i>Number of Hedge Fund holders:</i></b></p>\n<p><span>Aurora Mobile Limited (NASDAQ:JG) delivers a variety of developer-oriented solutions and services in China through its affiliated companies. These include push notifications, real-time messaging, data analysis, content sharing, short message services, simplified verification processes, and additional offerings. </span></p>\n<p><span>The company’s recent performance has been lackluster, with its decreasing revenue setting it apart unfavorably from its competitors that have generally experienced revenue growth. This can be attributed to a low price-to-sales ratio, suggesting that investors are skeptical about the likelihood of substantial revenue expansion in the foreseeable future.</span></p>\n<p><span>According to Insider Monkey’s second quarter database, 1 hedge fund was bullish on Aurora Mobile Limited (NASDAQ:JG). Jim Simons’</span> <span>Renaissance Technologies</span><span> held 114,506 shares of the company worth $32,000.</span></p>\n<h3><b>9. Agora, Inc. (NASDAQ:API)                     </b></h3>\n<p><b><i>Share price performance for the past 2 years: </i></b><b>-90.6%</b></p>\n<p><b><i>Number of Hedge Fund holders: 12</i></b></p>\n<p><span>Agora, Inc. (NASDAQ:API) offers a real-time engagement platform-as-a-service (RTE-PaaS) in multiple regions including China, the United States, and internationally. The RTE-PaaS provided by the company equips developers with software resources to integrate real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence features into their applications. </span></p>\n<p><span>Over the trailing twelve months (TTM), operating expenses for Agora, Inc. (NASDAQ:API) have risen as revenue slightly decreased. Share-based compensation has increased both in absolute terms and as a percentage of revenue. Agora, Inc. (NASDAQ:API) is expected to encounter ongoing challenges in revenue growth due to tough macroeconomic conditions in China, the US, and the Eurozone.</span></p>\n<p><span>According to Insider Monkey’s second quarter database, 12 hedge funds were bullish on Agora, Inc. (NASDAQ:API), same as the last quarter. Philippe Laffont’s</span> <span>Coatue Management</span><span> is the biggest stakeholder of the company, with 896,956 shares worth $2.8 million.</span></p>\n<p><span>Here is what Tao Value has to say about Agora, Inc. in its Q3 2021</span> <span>investor letter</span><span>:</span></p>\n<blockquote>\n<p><span>“As witnessed in the past quarter, the government intervention in the Chinese private sector is elevated to an unprecedented level. Given this background, I thoroughly reviewed all our Chinese holdings and made a few changes. We exited Agora (ticker:API) as we estimated that it has 25+% of evaporating revenue tied to online education use cases, but the management seemed to be evasive about the potential impact.”</span></p>\n</blockquote>\n<h3><b>8. OneConnect Financial Technology Co., Ltd. (NYSE:OCFT)              </b></h3>\n<p><b><i>Share price performance for the past 2 years: </i></b><b>-92.4%</b></p>\n<p><b><i>Number of Hedge Fund holders: 3</i></b></p>\n<p><span>OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) provides fintech solutions, online information, and operational support services to financial institutions in China through a cloud-based platform. The company announced a 14% decrease in its revenue during the second quarter of 2023. While there was increased business from new clients, this growth couldn't compensate for a substantial drop in demand from its existing customer base. Due to the downturns, the company has introduced measures to manage costs and has embraced a more comprehensive approach of prioritizing larger clients with higher profit margins over smaller, less lucrative ones. This merits OneConnect Financial Technology Co., Ltd. (NYSE:OCFT)’s inclusion in our list of the falling Chinese stocks. </span></p>\n<p><span>According to Insider Monkey’s second quarter database, 3 hedge funds were bullish on OneConnect Financial Technology Co., Ltd. (NYSE:OCFT), one down from the previous quarter. Israel Englander’s </span><span>Millennium Management</span><span> is a prominent position holder in the company. </span></p>\n<h3><b>7. </b><b>Taoping Inc. (NASDAQ:TAOP)</b></h3>\n<p><b><i>Share price performance for the past 2 years: </i></b><b>-92.8%</b></p>\n<p><b><i>Number of Hedge Fund holders: 1</i></b></p>\n<p><span>Taoping Inc. (NASDAQ:TAOP) delivers cloud-oriented systems, resource distribution, and significant data answers to different sectors in China, including Chinese new media, education, management of residential communities, and the Internet of Things (IoT) in the elevator domain.</span></p>\n<p><span>The firm has a high ratio of current liabilities to total assets (approximately 67%), which indicates that a significant portion of the company's operations is financed by suppliers or short-term creditors, elevating risk levels exponentially. The stock has experienced a significant decline of roughly 93% over the past two years, implying the presence of other aspects within the company that might be negatively affecting its future outlook.</span></p>\n<p><span>The company recently</span> <span>declared</span><span> in a ‘Safe Harbor Statement’ to its investors that their potential challenges in attaining or maintaining profitability or accurately forecasting future outcomes is due to their limited history in offering smart cloud services, the impacts of the global COVID-19 pandemic, the emergence of competing technologies, alterations in both domestic and foreign laws, regulations, and taxes, uncertainties pertaining to China's legal framework and economic, political, and societal occurrences in China, the instability of the securities markets, and other risks. </span></p>\n<h3><b>6. 9F Inc. (NASDAQ:JFU)                </b></h3>\n<p><b><i>Share price performance for the past 2 years: </i></b><b>-93.3%</b></p>\n<p><b><i>Number of Hedge Fund holders: N/A</i></b></p>\n<p><span>9F Inc. (NASDAQ:JFU) operates an online securities service platform in the People's Republic of China. The firm functions through three segments – Services for Technological Empowerment, E-commerce activities, and Wealth Management.</span></p>\n<p><span>9F Inc. (NASDAQ:JFU) has communicated that its operations continue to be notably influenced by the COVID-19 pandemic and the increasingly stringent regulatory norms in China. In June, the company revealed its involvement in a legal conflict with PICC Property and Casualty Company, asserting that PICC had violated a contractual commitment to compensate service fees linked to 9F's direct lending initiative. Concurrently, shareholders have initiated multiple class action lawsuits accusing the company of deceiving investors by omitting information about this dispute.</span></p>\n<p><span>All of this has resulted in the firm’s stock to crash a whopping 93.3% in the past 2 years. While the stocks may seem like a good purchase option due to lowered price, the revenue performance isn’t expected to improve substantially in the foreseeable future.</span></p>\n<p><span>9F Inc. (NASDAQ:JFU) is one of the falling Chinese tech stocks, unlike thriving companies in the sector like Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU), and JD.com, Inc. (NASDAQ:JD). </span></p>     \n<p><strong>Click to continue reading and see Top 5 Falling Chinese Tech Stocks. </strong></p>   Suggested articles: \n<ul>\n<li><span>11 Tech Stocks to Sell Now According to Cathie Wood</span></li>\n<li><span>12 Best Asia ETFs to Buy</span></li>\n<li><span>11 Best Performing ETFs of the Last 10 Years</span></li>\n</ul>   \n<p>Disclosure: None. <strong>Why Chinese Tech Stocks Are Falling </strong>is originally published on Insider Monkey.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Chinese Tech Stocks Are 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\">\nWhy Chinese Tech Stocks Are Falling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-21 00:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-chinese-tech-stocks-falling-161753202.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this article, we discuss why the Chinese tech stocks are falling. If you want to skip our detailed discussion on the Chinese stock market and technology sector, head directly to Top 5 Falling ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-chinese-tech-stocks-falling-161753202.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/Y985Qn7onrYt_3MElUrtBg--~B/aD01MTc7dz03NTA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/insidermonkey.com/c705400d8c8f6afd1dd3859f343698ba","relate_stocks":{"BK4523":"印度概念","BK4585":"ETF&股票定投概念","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","EBON":"亿邦国际","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","BK4587":"ChatGPT概念","BK4575":"芯片概念","IE0008368742.USD":"首域中国增长基金I Acc","BK4509":"腾讯概念","OCFT":"金融壹账通",".IXIC":"NASDAQ Composite","API":"声网","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4077":"互动媒体与服务","TTM":"塔塔汽车","ZEPP":"华米科技","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4579":"人工智能","BK4588":"碎股","BABA":"阿里巴巴","BK4552":"Archegos爆仓风波概念","JD":"京东","BK4122":"互联网与直销零售","JFU":"玖富","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","SQQQ":"纳指三倍做空ETF","LU1688375341.USD":"贝莱德中国灵活股票基金","09618":"京东集团-SW","09988":"阿里巴巴-W","TAOP":"淘屏","JG":"极光","QQQ":"纳指100ETF","BK4099":"汽车制造商","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4514":"搜索引擎","QID":"纳指两倍做空ETF","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","BK4023":"应用软件","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","TQQQ":"纳指三倍做多ETF","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BIDU":"百度"},"source_url":"https://finance.yahoo.com/news/why-chinese-tech-stocks-falling-161753202.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2369111568","content_text":"In this article, we discuss why the Chinese tech stocks are falling. If you want to skip our detailed discussion on the Chinese stock market and technology sector, head directly to Top 5 Falling Chinese Tech Stocks.\nThe landscape of doing business in China is becoming progressively more arduous, as the Biden administration on August 9, 2023 announced limitations on investments in the region, especially in the technology sector. While these new restrictions compound the challenges that the world's second-largest economy is already facing due to a post-pandemic slowdown, they also highlight the mounting difficulties encountered by global companies operating within China. CNBC reported that the focal point of these new regulations are the high-tech sectors, as the executive order from President Biden is meant to prohibit private equity and venture capital firms from investing in Chinese industries like quantum computing, artificial intelligence, and advanced semiconductors. These sectors are of significant importance to China's technological ambitions, and the restrictions could potentially impede their economic and military progress. China's economic challenges have been further underscored by recent official data revealing that the country has slipped into deflation. Additionally, trade figures released by Beijing indicate a substantial decline, marking the largest drop since the onset of the pandemic. These economic setbacks are placing businesses that heavily rely on the Chinese market in a precarious position.\nDon't Miss: Goldman Sachs China Stocks: Top 10 Stock Picks\nOne prominent example, as mentioned by Reuters, is Dentons, the largest Western law firm in China in terms of staff, which recently announced its separation from Dacheng, its Chinese unit. The two firms had merged in 2015, with Dentons even incorporating Chinese characters into its logo to symbolize its commitment to the country. However, the new counterespionage law enacted by China has created more hurdles for foreign companies operating there. The law prohibits the transfer of information related to national security without clearly defining what constitutes such information. Furthermore, it grants authorities the power to access data, electronic devices, personal property, and even to prevent individuals from leaving the country. These provisions have made it difficult for companies to adhere to established industry standards and best practices. For instance, the requirement for Chinese firms to keep the names of clients and employees confidential from foreign entities has posed challenges for American lawyers, who must ensure there are no conflicts with existing clients before taking on new ones.\nThese difficulties aren't confined to a single industry – they reflect a broader trend of divergence in standards between China and Western economies. Eswar Prasad, a trade policy professor at Cornell and a former head of the I.M.F.'s China division, highlighted that China's openness to foreign business has waned over time, resulting in these discrepancies.\nIn recent months, Chinese authorities have conducted raids on offices of consulting firms with Western ties. Furthermore, Sequoia, a prominent venture capital firm, severed ties with its Chinese unit in June. Reports have also emerged of employees at financial firms operating in China being required to attend lessons on President Xi Jinping's ideology. These actions indicate a heightened regulatory environment and political scrutiny that foreign companies must navigate.\nAlso Read: Ray Dalio’s China Stocks\nHowever, the immense size of the Chinese market remains an undeniable allure for many businesses. Consumer companies see vast potential in the Chinese market, while foreign financial institutions eye significant returns by managing the substantial household wealth present in the country. The allure of the Chinese market is weighed against regulatory and political uncertainties, posing a tough proposition for businesses seeking to capitalize on its potential.\nForeign companies operating in China are encountering additional hurdles due to new laws and regulations, including the counterespionage law, which makes compliance with industry standards challenging. While tech stocks like Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU), and JD.com, Inc. (NASDAQ:JD) often catch the interest of investors, we discuss the worst performing Chinese tech names in this article. \nOur Methodology\nWe extracted the two-year performance of Chinese tech stocks by calculating the change in share price manually, then selected the worst performing stocks as of August 30. We have also assessed the hedge fund sentiment from Insider Monkey’s database of 910 elite hedge funds tracked as of the end of the second quarter of 2023. The list is arranged in descending order of the share price performance for the past two years for each firm.\n andre-benz-MsMISAIe8Qw-unsplash \nWhy Are Chinese Tech Stocks Falling\n12. Zepp Health Corporation (NYSE:ZEPP)                      \nShare price performance for the past 2 years: -90.2%\nNumber of Hedge Fund holders: 3\nZepp Health Corporation (NYSE:ZEPP) develops, manufactures, and sells smart wearable technological gadgets in the People's Republic of China. The company's operations are divided into two main sections – Self-Branded Products and Others, along with Xiaomi Wearable Products.\nIn 2020, Xiaomi contributed to almost 70% of the firm’s revenue. The following year, Xiaomi’s contribution saw a sharp decline due to challenges in its wearable technology sector, including a scarcity of chips and a notable decrease in local demand caused by the lockdown measures in China. Zepp Health Corporation (NYSE:ZEPP)’s operating costs also increased due to the higher responsibility of developing new products and successfully introducing them to the market to overcome that loss.\nAccording to Insider Monkey’s second quarter database, 3 hedge funds were bullish on Zepp Health Corporation (NYSE:ZEPP), same as the previous quarter. Ken Griffin’s Citadel Investment Group is the biggest stakeholder of the company. \nUnlike Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU), and JD.com, Inc. (NASDAQ:JD), Zepp Health Corporation (NYSE:ZEPP) is one of the Chinese stocks that is falling.\n11. Ebang International Holdings Inc. (NASDAQ:EBON)                        \nShare price performance for the past 2 years: -90.4%\nNumber of Hedge Fund holders: 1\nEbang International Holdings Inc. (NASDAQ:EBON) researches, designs, and develops application-specific integrated circuit chips and manufactures Bitcoin mining machines under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. The firm's business is cryptocurrency-based and hence very volatile. How it performs in the stock market largely depends on bitcoin price. If the price of Bitcoin drops, Ebang International Holdings Inc. (NASDAQ:EBON)’s business performance will also be negatively impacted. Furthermore, the concentration of buyers and sellers and the credit risks makes the business quite unpredictable and vulnerable.\nAccording to Insider Monkey’s second quarter database, Jim Simons’ Renaissance Technologies held 43,013 shares of the company worth $297,000.\n10. Aurora Mobile Limited (NASDAQ:JG)             \nShare price performance for the past 2 years: -90.5%\nNumber of Hedge Fund holders:\nAurora Mobile Limited (NASDAQ:JG) delivers a variety of developer-oriented solutions and services in China through its affiliated companies. These include push notifications, real-time messaging, data analysis, content sharing, short message services, simplified verification processes, and additional offerings. \nThe company’s recent performance has been lackluster, with its decreasing revenue setting it apart unfavorably from its competitors that have generally experienced revenue growth. This can be attributed to a low price-to-sales ratio, suggesting that investors are skeptical about the likelihood of substantial revenue expansion in the foreseeable future.\nAccording to Insider Monkey’s second quarter database, 1 hedge fund was bullish on Aurora Mobile Limited (NASDAQ:JG). Jim Simons’ Renaissance Technologies held 114,506 shares of the company worth $32,000.\n9. Agora, Inc. (NASDAQ:API)                     \nShare price performance for the past 2 years: -90.6%\nNumber of Hedge Fund holders: 12\nAgora, Inc. (NASDAQ:API) offers a real-time engagement platform-as-a-service (RTE-PaaS) in multiple regions including China, the United States, and internationally. The RTE-PaaS provided by the company equips developers with software resources to integrate real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence features into their applications. \nOver the trailing twelve months (TTM), operating expenses for Agora, Inc. (NASDAQ:API) have risen as revenue slightly decreased. Share-based compensation has increased both in absolute terms and as a percentage of revenue. Agora, Inc. (NASDAQ:API) is expected to encounter ongoing challenges in revenue growth due to tough macroeconomic conditions in China, the US, and the Eurozone.\nAccording to Insider Monkey’s second quarter database, 12 hedge funds were bullish on Agora, Inc. (NASDAQ:API), same as the last quarter. Philippe Laffont’s Coatue Management is the biggest stakeholder of the company, with 896,956 shares worth $2.8 million.\nHere is what Tao Value has to say about Agora, Inc. in its Q3 2021 investor letter:\n\n“As witnessed in the past quarter, the government intervention in the Chinese private sector is elevated to an unprecedented level. Given this background, I thoroughly reviewed all our Chinese holdings and made a few changes. We exited Agora (ticker:API) as we estimated that it has 25+% of evaporating revenue tied to online education use cases, but the management seemed to be evasive about the potential impact.”\n\n8. OneConnect Financial Technology Co., Ltd. (NYSE:OCFT)              \nShare price performance for the past 2 years: -92.4%\nNumber of Hedge Fund holders: 3\nOneConnect Financial Technology Co., Ltd. (NYSE:OCFT) provides fintech solutions, online information, and operational support services to financial institutions in China through a cloud-based platform. The company announced a 14% decrease in its revenue during the second quarter of 2023. While there was increased business from new clients, this growth couldn't compensate for a substantial drop in demand from its existing customer base. Due to the downturns, the company has introduced measures to manage costs and has embraced a more comprehensive approach of prioritizing larger clients with higher profit margins over smaller, less lucrative ones. This merits OneConnect Financial Technology Co., Ltd. (NYSE:OCFT)’s inclusion in our list of the falling Chinese stocks. \nAccording to Insider Monkey’s second quarter database, 3 hedge funds were bullish on OneConnect Financial Technology Co., Ltd. (NYSE:OCFT), one down from the previous quarter. Israel Englander’s Millennium Management is a prominent position holder in the company. \n7. Taoping Inc. (NASDAQ:TAOP)\nShare price performance for the past 2 years: -92.8%\nNumber of Hedge Fund holders: 1\nTaoping Inc. (NASDAQ:TAOP) delivers cloud-oriented systems, resource distribution, and significant data answers to different sectors in China, including Chinese new media, education, management of residential communities, and the Internet of Things (IoT) in the elevator domain.\nThe firm has a high ratio of current liabilities to total assets (approximately 67%), which indicates that a significant portion of the company's operations is financed by suppliers or short-term creditors, elevating risk levels exponentially. The stock has experienced a significant decline of roughly 93% over the past two years, implying the presence of other aspects within the company that might be negatively affecting its future outlook.\nThe company recently declared in a ‘Safe Harbor Statement’ to its investors that their potential challenges in attaining or maintaining profitability or accurately forecasting future outcomes is due to their limited history in offering smart cloud services, the impacts of the global COVID-19 pandemic, the emergence of competing technologies, alterations in both domestic and foreign laws, regulations, and taxes, uncertainties pertaining to China's legal framework and economic, political, and societal occurrences in China, the instability of the securities markets, and other risks. \n6. 9F Inc. (NASDAQ:JFU)                \nShare price performance for the past 2 years: -93.3%\nNumber of Hedge Fund holders: N/A\n9F Inc. (NASDAQ:JFU) operates an online securities service platform in the People's Republic of China. The firm functions through three segments – Services for Technological Empowerment, E-commerce activities, and Wealth Management.\n9F Inc. (NASDAQ:JFU) has communicated that its operations continue to be notably influenced by the COVID-19 pandemic and the increasingly stringent regulatory norms in China. In June, the company revealed its involvement in a legal conflict with PICC Property and Casualty Company, asserting that PICC had violated a contractual commitment to compensate service fees linked to 9F's direct lending initiative. Concurrently, shareholders have initiated multiple class action lawsuits accusing the company of deceiving investors by omitting information about this dispute.\nAll of this has resulted in the firm’s stock to crash a whopping 93.3% in the past 2 years. While the stocks may seem like a good purchase option due to lowered price, the revenue performance isn’t expected to improve substantially in the foreseeable future.\n9F Inc. (NASDAQ:JFU) is one of the falling Chinese tech stocks, unlike thriving companies in the sector like Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU), and JD.com, Inc. (NASDAQ:JD).      \nClick to continue reading and see Top 5 Falling Chinese Tech Stocks.    Suggested articles: \n\n11 Tech Stocks to Sell Now According to Cathie Wood\n12 Best Asia ETFs to Buy\n11 Best Performing ETFs of the Last 10 Years\n   \nDisclosure: None. Why Chinese Tech Stocks Are Falling is originally published on Insider Monkey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":288,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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":267,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"highlight","pubTimestamp":1694675362,"share":"https://ttm.financial/m/news/2367754489?lang=&edition=fundamental","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":{".SPX":"S&P 500 Index","SPY":"标普500ETF"},"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":277,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"highlight","pubTimestamp":1694618092,"share":"https://ttm.financial/m/news/2367854806?lang=&edition=fundamental","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":300,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"highlight","pubTimestamp":1692934288,"share":"https://ttm.financial/m/news/2362399814?lang=&edition=fundamental","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":254,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"repost":{"id":"2361939428","kind":"highlight","pubTimestamp":1692863158,"share":"https://ttm.financial/m/news/2361939428?lang=&edition=fundamental","pubTime":"2023-08-24 15:45","market":"us","language":"en","title":"Alibaba: Don't Waste Your Time And Money (Strong Sell)","url":"https://stock-news.laohu8.com/highlight/detail?id=2361939428","media":"seekingalpha","summary":"Alibaba stock appears to be attractively valued and is the subject of dozens of bullish articles on SA, with only one sell rating given to the company this year.This comes as tensions between the US a","content":"<html><body><ul><li>Alibaba stock appears to be attractively valued and is the subject of dozens of bullish articles on SA, with only one sell rating given to the company this year.</li><li>This comes as tensions between the US and China continue to escalate.</li><li>We believe that US-China relations will continue to deteriorate, making the VIE structure ripe for enforcement.</li><li>Even if the VIE structure is safe, the growth and profitability of Alibaba and other Chinese large-cap tech will likely be hampered by government actions.</li><li>The risk/reward does not look favorable and investors would be better off spending their capital and time elsewhere.</li></ul><figure><picture> <img height=\"1025px\" loading=\"lazy\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture><figcaption> <p>Nikada</p></figcaption></figure><h2>Thesis</h2> <p>The risks surrounding Alibaba (<span>NYSE:BABA</span>) are too great to justify foreigners making an investment. The sheer volume of strong buy, buy, and hold ratings given to Alibaba on Seeking Alpha appears to be an example of investors looking purely at stated<span> financials and ignoring or downplaying risk factors. While an investment in Alibaba may end up being profitable, it seems difficult to justify assuming so much risk when there are so many other investment opportunities available in both the United States and globally.</span></p> <h2>Drumbeat of Positivity</h2> <p>There appears to be an unstoppable deluge of strong buy, buy, and hold ratings given to Alibaba on Seeking Alpha. There has been only 1 sell rating this entire year and 0 strong sells. This lack of skepticism is somewhat puzzling to me, especially when the stock has underperformed for so long and the geopolitical risks and investment<span> structure is not favorable for foreign investors. In my mind the drumbeat of optimism can be attributed to the (allegedly) attractive financials serving as catnip for value investors. Another culprit is likely the bias to underweight risk factors that an investor personally does not want to happen. Everyone would like for US-China and China-Taiwan tensions to cool down so they view it as being the most likely outcome, when in reality these tensions are likely to only ramp up, much to the detriment of foreigners investing in China and Taiwan, as well as those investing heavily in companies that depend on China and Taiwan for their supply chain or derive a high amount of revenue from those countries.</span></p> <h2>Common Prosperity and VIEs</h2> <p>One thing investors appear to overlook: the CCP's stated goal of common prosperity does not include foreigners. Foreigners have no legitimate claim to ownership of assets in China. For this reason many US investors invest in Chinese companies such as Alibaba through a Variable Interest Entity (VIE). In the past there have been concerns about VIEs (especially around 2011), but in recent years there haven't been too many horror stories surrounding these structures. This has caused complacency to take hold yet again. At the end of the day these structures are used as a \"loophole\" to avoid the Chinese government's ban on foreign investment into certain sectors of the economy. The VIE structure goes far beyond public markets and is extremely prevalent in Chinese tech startup investments made by US-based VC/PE firms. At the end of the day it's foolish to view VIEs as a true loophole, they are a tool by design. From the CCP's perspective VIEs allow Chinese companies to gain foreign capital without actually giving up anything in return, because the CCP can pull the plug on a company's VIE at any given time. VIEs will be tolerated by the CCP until they no longer serve a useful purpose. As foreign investment leaves China, the VIE structure will lose its usefulness and be ripe for the CCP to take action and close this \"loophole\". This is ultimately a matter of when not if, so why bother taking the risk. In the event that nothing materializes you still don't actually own anything and there are plenty of opportunities elsewhere.</p> <p>For investors who are bullish on US-China relations check out China's updated laws surrounding espionage and see if you still feel bullish. It takes two hands to clap, and this year the US has been very aggressive in banning China's access to cutting edge technology and investments in certain tech focused Chinese companies. In addition to this, according to CNBC China’s exports to the U.S. plunged by 23.1% year-on-year in July, while those to the European Union fell by 20.6%. This does not bode well for the narrative that the United States and China are too economically intertwined for either country to take hostile action against the other.</p> <p>All of these factors give China even more of an incentive to either hurt US investors (which could take the form of crushing the VIE investment structure) or make a move on Taiwan. Of course, there will be investors who point out that any CCP action against Taiwan would crush US equity markets. To this I would ask what would a US-based investor rather own in this scenario, a loophole VIE tied to Alibaba or equity in Microsoft (MSFT)? The argument that everything will get hit so why bother thinking about the risk is akin to saying that there is no difference between being at the center of an explosion or 200 feet away because you will still get hurt. When something hits zero it doesn't come back, as would be the case if the CCP took enforcement action against the VIE structure. Who will investors sue to get their money back? Chinese VIEs will be allowed to exist until they are no longer viewed by the CCP as being a useful tool for attracting capital flows. As a foreigner, investing into a \"loophole\" investment structure that is allowed to exist by an authoritarian government is like willingly stepping into a bear trap and being surprised when it closes on your foot.</p> <p>If the CCP is harassed enough by the United States they will take actions that will negatively impact US investors. Whether these actions regard VIEs is ultimately irrelevant.</p> <p>To be candid, investors who are still bullish on US-China relations are either naive or irrationally hopeful. All the data and rhetoric points to further economic and political divergence between the two countries, much to the detriment of investors who are positioned otherwise.</p> <h2>Pressure on Large Tech Companies</h2> <p>Large Chinese firms such as Alibaba will likely see their growth outlook and profitability dampened by anti big business policy and actions taken by the CCP. Some people get caught up on the philosophical aspects of this. In the end, it doesn't really matter how you, I, or anyone else thinks about the CCPs view on big business. The result of their stance is a decreased ability of large Chinese firms to grow even larger and more dominant, resulting in lower equity valuations. From the perspective of an investor this is what matters.</p> <p>Investing in Alibaba is investing into Chinese large-cap tech, the area of the economy where the government has demonstrated their desire to curtail the dominance of these companies. As an investor, this government attitude severely limits the growth potential of large-cap companies such as Alibaba. For this reason we believe that even if the VIE structure remains safe and US-China tensions cool down, Alibaba will continue to underperform US equity markets while also having a higher risk profile.</p> <h2>Price Action and Valuation</h2> <p>The multi-year price action of Alibaba has been horrendous, even more so when compared to US equity markets. While past performance alone is not indicative of future performance, given all of the other facts surrounding Alibaba we believe it is highly likely that the company will continue to underperform US equity markets, even if the VIE structure does not get crushed.</p> <figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/8/22/saupload_d0d8032f236391541862c5424255d4c4.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure> <p>In the chart below we can see an example of catnip for value investors. Alibaba appears to be trading cheaply relative to their stated fundamentals. I say \"stated\" because US audit firms have difficulty verifying the financials of Chinese companies and usually just use the information that is given to them by management rather than dig deep (investigate and verify accuracy). This is partially out of fear of breaking national security laws, and partially because they need the blessing of the CCP to conduct business in the country and as a result avoid taking actions that could bite the hand that feeds them.</p> <p>Given the numerous risks present to foreign investors, the fundamentals serve as catnip and nothing more. As alluring as it may seem for a value/contrarian investor to make an investment into Alibaba, in our opinion the risk/reward doesn't justify it.</p> <figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/8/22/saupload_594ed7ee57de09fa76a5a940d16c7bf7.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure> <h2>Risks</h2> <p>The biggest risk to this bearish thesis is that none of the risks could materialize and everything could go swimmingly. While this is certainly possible, it doesn't appear probable. Investors should ask themselves whether they are being adequately compensated for the risk. Given the CCP's outlook on large-cap tech companies the growth and profitability potential for Alibaba is lower than it would be if they let the company conduct business as they had pre 2020. With so many other investment options out there it is difficult to justify taking the risk here given the relative lack of potential rewards.</p> <h2>Key Takeaway</h2> <p>Firstly, for those that would accuse us of being biased against China, if the shoe was on the other foot and there was a VIE of Microsoft we would view it as equally foolish for a Chinese national to invest into it. The primary issue at play here is that an escalation in tensions between the two countries could lead to retaliatory actions intended to damage investors who have invested into the other country through loophole investment structures. After all, this article covers the Alibaba investment vehicle that trades on the NYSE and not the direct equity that trades in China.</p> <p>Secondly, we do not short stocks and do not view shorting as being a viable strategy. When we assign a rating of sell or strong sell the rating should be viewed as an <strong>\"avoid\" </strong>because we believe the stock will underperform the S&amp;P 500 going forward.</p> <div></div> <p>At the end of the day, foreign investors are not getting enough compensation for the risk of investing into Alibaba. US-China relations are worsening by the day and the VIE structure is ripe for getting crushed. Even in an optimistic scenario the government's attitude towards large-cap tech likely means that the growth and profitability of Alibaba is limited. There are far too many investment opportunities out there to waste time with this one.</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>Alibaba: Don't Waste Your Time And Money (Strong Sell)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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NikadaThesis The risks surrounding Alibaba (NYSE:BABA) are too great to justify foreigners making an investment. The sheer volume of strong buy, buy, and hold ratings given to Alibaba on Seeking Alpha appears to be an example of investors looking purely at stated financials and ignoring or downplaying risk factors. While an investment in Alibaba may end up being profitable, it seems difficult to justify assuming so much risk when there are so many other investment opportunities available in both the United States and globally. Drumbeat of Positivity There appears to be an unstoppable deluge of strong buy, buy, and hold ratings given to Alibaba on Seeking Alpha. There has been only 1 sell rating this entire year and 0 strong sells. This lack of skepticism is somewhat puzzling to me, especially when the stock has underperformed for so long and the geopolitical risks and investment structure is not favorable for foreign investors. In my mind the drumbeat of optimism can be attributed to the (allegedly) attractive financials serving as catnip for value investors. Another culprit is likely the bias to underweight risk factors that an investor personally does not want to happen. Everyone would like for US-China and China-Taiwan tensions to cool down so they view it as being the most likely outcome, when in reality these tensions are likely to only ramp up, much to the detriment of foreigners investing in China and Taiwan, as well as those investing heavily in companies that depend on China and Taiwan for their supply chain or derive a high amount of revenue from those countries. Common Prosperity and VIEs One thing investors appear to overlook: the CCP's stated goal of common prosperity does not include foreigners. Foreigners have no legitimate claim to ownership of assets in China. For this reason many US investors invest in Chinese companies such as Alibaba through a Variable Interest Entity (VIE). In the past there have been concerns about VIEs (especially around 2011), but in recent years there haven't been too many horror stories surrounding these structures. This has caused complacency to take hold yet again. At the end of the day these structures are used as a \"loophole\" to avoid the Chinese government's ban on foreign investment into certain sectors of the economy. The VIE structure goes far beyond public markets and is extremely prevalent in Chinese tech startup investments made by US-based VC/PE firms. At the end of the day it's foolish to view VIEs as a true loophole, they are a tool by design. From the CCP's perspective VIEs allow Chinese companies to gain foreign capital without actually giving up anything in return, because the CCP can pull the plug on a company's VIE at any given time. VIEs will be tolerated by the CCP until they no longer serve a useful purpose. As foreign investment leaves China, the VIE structure will lose its usefulness and be ripe for the CCP to take action and close this \"loophole\". This is ultimately a matter of when not if, so why bother taking the risk. In the event that nothing materializes you still don't actually own anything and there are plenty of opportunities elsewhere. For investors who are bullish on US-China relations check out China's updated laws surrounding espionage and see if you still feel bullish. It takes two hands to clap, and this year the US has been very aggressive in banning China's access to cutting edge technology and investments in certain tech focused Chinese companies. In addition to this, according to CNBC China’s exports to the U.S. plunged by 23.1% year-on-year in July, while those to the European Union fell by 20.6%. This does not bode well for the narrative that the United States and China are too economically intertwined for either country to take hostile action against the other. All of these factors give China even more of an incentive to either hurt US investors (which could take the form of crushing the VIE investment structure) or make a move on Taiwan. Of course, there will be investors who point out that any CCP action against Taiwan would crush US equity markets. To this I would ask what would a US-based investor rather own in this scenario, a loophole VIE tied to Alibaba or equity in Microsoft (MSFT)? The argument that everything will get hit so why bother thinking about the risk is akin to saying that there is no difference between being at the center of an explosion or 200 feet away because you will still get hurt. When something hits zero it doesn't come back, as would be the case if the CCP took enforcement action against the VIE structure. Who will investors sue to get their money back? Chinese VIEs will be allowed to exist until they are no longer viewed by the CCP as being a useful tool for attracting capital flows. As a foreigner, investing into a \"loophole\" investment structure that is allowed to exist by an authoritarian government is like willingly stepping into a bear trap and being surprised when it closes on your foot. If the CCP is harassed enough by the United States they will take actions that will negatively impact US investors. Whether these actions regard VIEs is ultimately irrelevant. To be candid, investors who are still bullish on US-China relations are either naive or irrationally hopeful. All the data and rhetoric points to further economic and political divergence between the two countries, much to the detriment of investors who are positioned otherwise. Pressure on Large Tech Companies Large Chinese firms such as Alibaba will likely see their growth outlook and profitability dampened by anti big business policy and actions taken by the CCP. Some people get caught up on the philosophical aspects of this. In the end, it doesn't really matter how you, I, or anyone else thinks about the CCPs view on big business. The result of their stance is a decreased ability of large Chinese firms to grow even larger and more dominant, resulting in lower equity valuations. From the perspective of an investor this is what matters. Investing in Alibaba is investing into Chinese large-cap tech, the area of the economy where the government has demonstrated their desire to curtail the dominance of these companies. As an investor, this government attitude severely limits the growth potential of large-cap companies such as Alibaba. For this reason we believe that even if the VIE structure remains safe and US-China tensions cool down, Alibaba will continue to underperform US equity markets while also having a higher risk profile. Price Action and Valuation The multi-year price action of Alibaba has been horrendous, even more so when compared to US equity markets. While past performance alone is not indicative of future performance, given all of the other facts surrounding Alibaba we believe it is highly likely that the company will continue to underperform US equity markets, even if the VIE structure does not get crushed. Data by YCharts In the chart below we can see an example of catnip for value investors. Alibaba appears to be trading cheaply relative to their stated fundamentals. I say \"stated\" because US audit firms have difficulty verifying the financials of Chinese companies and usually just use the information that is given to them by management rather than dig deep (investigate and verify accuracy). This is partially out of fear of breaking national security laws, and partially because they need the blessing of the CCP to conduct business in the country and as a result avoid taking actions that could bite the hand that feeds them. Given the numerous risks present to foreign investors, the fundamentals serve as catnip and nothing more. As alluring as it may seem for a value/contrarian investor to make an investment into Alibaba, in our opinion the risk/reward doesn't justify it. Data by YCharts Risks The biggest risk to this bearish thesis is that none of the risks could materialize and everything could go swimmingly. While this is certainly possible, it doesn't appear probable. Investors should ask themselves whether they are being adequately compensated for the risk. Given the CCP's outlook on large-cap tech companies the growth and profitability potential for Alibaba is lower than it would be if they let the company conduct business as they had pre 2020. With so many other investment options out there it is difficult to justify taking the risk here given the relative lack of potential rewards. Key Takeaway Firstly, for those that would accuse us of being biased against China, if the shoe was on the other foot and there was a VIE of Microsoft we would view it as equally foolish for a Chinese national to invest into it. The primary issue at play here is that an escalation in tensions between the two countries could lead to retaliatory actions intended to damage investors who have invested into the other country through loophole investment structures. After all, this article covers the Alibaba investment vehicle that trades on the NYSE and not the direct equity that trades in China. Secondly, we do not short stocks and do not view shorting as being a viable strategy. When we assign a rating of sell or strong sell the rating should be viewed as an \"avoid\" because we believe the stock will underperform the S&P 500 going forward.  At the end of the day, foreign investors are not getting enough compensation for the risk of investing into Alibaba. US-China relations are worsening by the day and the VIE structure is ripe for getting crushed. Even in an optimistic scenario the government's attitude towards large-cap tech likely means that the growth and profitability of Alibaba is limited. There are far too many investment opportunities out there to waste time with this one.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"repost":{"id":"1165112651","kind":"news","pubTimestamp":1682432676,"share":"https://ttm.financial/m/news/1165112651?lang=&edition=fundamental","pubTime":"2023-04-25 22:24","market":"us","language":"en","title":"US-Listed China Stocks See $100 Billion Wipeout in Jittery Month","url":"https://stock-news.laohu8.com/highlight/detail?id=1165112651","media":"Bloomberg","summary":"Nasdaq Golden Dragon China Index down over 10% in AprilTraders cut bets on Chinese stocks amid heigh","content":"<html><head></head><body><ul><li><p>Nasdaq Golden Dragon China Index down over 10% in April</p></li><li><p>Traders cut bets on Chinese stocks amid heightened US tensions</p></li></ul><p>US-listed Chinese stocks have lost over $100 billion in market value in April as concerns over geopolitical tensions eclipse optimism about the Asian giant’s economy.</p><p style=\"text-align: start;\">American depositary receipts of internet giants from Alibaba Group Holding Ltd. to JD.com Inc. are down Tuesday and on track to send the Nasdaq Golden Dragon China Index lower for a sixth straight session, which would be the benchmark’s longest streak of losses in more than a year. Following a plunge of over 10% since the end of March, the gauge is heading toward its worst month since October.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/844e7bb3459ffa496f87ed3342c6e35d\" alt=\"\" title=\"\" tg-width=\"698\" tg-height=\"392\"/></p><p style=\"text-align: start;\">As the initial euphoria over the Covid reopening faded, investors have quickly trimmed their bets on China’s stocks at a time when the country clashes with the US on issues from Taiwan to TikTok and semiconductor chips. President Joe Biden aims to sign an executive order in the coming weeks that will limit investment in key parts of the Asian nation’s economy by American businesses, people familiar with the internal deliberations have recently said.</p><p style=\"text-align: start;\">US-based long-only fund managers have been the dominant sellers of Chinese ADRs this month, according to Morgan Stanley strategists led by Gilbert Wong. As a result, the gap between their holdings and the benchmarks that their funds have set against has only widened, Wong said.</p><p style=\"text-align: start;\">Some investors have already given up their positive stance on Chinese stocks, even though a consumption rebound is leading a faster-than-expected recovery in economic activities. Union Bancaire Privee cut Chinese stocks to neutral from overweight this week, citing geopolitical risks. Meantime, the Ontario Teachers’ Pension Plan on Tuesday said it’s winding down its Asia equity investment team in Hong Kong.</p><p>It’s not just the stocks listed in New York that are seeing heavy losses. </p><p style=\"text-align: start;\">The Hang Seng China Enterprises Index, a gauge tracking Chinese stocks in Hong Kong, ranks as the third-worst performer in the past three months among 92 stock benchmarks tracked by Bloomberg. The mainland CSI 300 Index just suffered its worst five-day run since October.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US-Listed China Stocks See $100 Billion Wipeout in Jittery Month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS-Listed China Stocks See $100 Billion Wipeout in Jittery Month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-25 22:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-04-25/us-listed-china-stocks-see-100-billion-wipeout-in-jittery-month?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nasdaq Golden Dragon China Index down over 10% in AprilTraders cut bets on Chinese stocks amid heightened US tensionsUS-listed Chinese stocks have lost over $100 billion in market value in April as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-04-25/us-listed-china-stocks-see-100-billion-wipeout-in-jittery-month?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","NIO":"蔚来","BIDU":"百度","PDD":"拼多多"},"source_url":"https://www.bloomberg.com/news/articles/2023-04-25/us-listed-china-stocks-see-100-billion-wipeout-in-jittery-month?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165112651","content_text":"Nasdaq Golden Dragon China Index down over 10% in AprilTraders cut bets on Chinese stocks amid heightened US tensionsUS-listed Chinese stocks have lost over $100 billion in market value in April as concerns over geopolitical tensions eclipse optimism about the Asian giant’s economy.American depositary receipts of internet giants from Alibaba Group Holding Ltd. to JD.com Inc. are down Tuesday and on track to send the Nasdaq Golden Dragon China Index lower for a sixth straight session, which would be the benchmark’s longest streak of losses in more than a year. Following a plunge of over 10% since the end of March, the gauge is heading toward its worst month since October.As the initial euphoria over the Covid reopening faded, investors have quickly trimmed their bets on China’s stocks at a time when the country clashes with the US on issues from Taiwan to TikTok and semiconductor chips. President Joe Biden aims to sign an executive order in the coming weeks that will limit investment in key parts of the Asian nation’s economy by American businesses, people familiar with the internal deliberations have recently said.US-based long-only fund managers have been the dominant sellers of Chinese ADRs this month, according to Morgan Stanley strategists led by Gilbert Wong. As a result, the gap between their holdings and the benchmarks that their funds have set against has only widened, Wong said.Some investors have already given up their positive stance on Chinese stocks, even though a consumption rebound is leading a faster-than-expected recovery in economic activities. Union Bancaire Privee cut Chinese stocks to neutral from overweight this week, citing geopolitical risks. Meantime, the Ontario Teachers’ Pension Plan on Tuesday said it’s winding down its Asia equity investment team in Hong Kong.It’s not just the stocks listed in New York that are seeing heavy losses. The Hang Seng China Enterprises Index, a gauge tracking Chinese stocks in Hong Kong, ranks as the third-worst performer in the past three months among 92 stock benchmarks tracked by Bloomberg. The mainland CSI 300 Index just suffered its worst five-day run since October.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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":298,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1681738572,"share":"https://ttm.financial/m/news/2328409613?lang=&edition=fundamental","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":{"BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4547":"WSB热门概念","RBLX":"Roblox Corporation","BK4565":"NFT概念","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4085":"互动家庭娱乐","BK4554":"元宇宙及AR概念","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC"},"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":317,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"repost":{"id":"1150733972","kind":"news","pubTimestamp":1685336955,"share":"https://ttm.financial/m/news/1150733972?lang=&edition=fundamental","pubTime":"2023-05-29 13:09","market":"hk","language":"en","title":"Bear Market Looms for China Stocks in Hong Kong as Losses Mount","url":"https://stock-news.laohu8.com/highlight/detail?id=1150733972","media":"Bloomberg","summary":"Chinese equities underperform in Asia once again on MondaySlow recovery, geopolitical tensions are a","content":"<html><head></head><body><ul><li><p>Chinese equities underperform in Asia once again on Monday</p></li><li><p>Slow recovery, geopolitical tensions are among top concerns</p></li></ul><p>A gauge of Chinese shares traded in Hong Kong inched closer to bear-market territory as a wobbling economic recovery, intensifying geopolitical tensions and a weaker yuan keep investors away.</p><p style=\"text-align: start;\">The Hang Seng China Enterprises Index slumped as much as 0.8% in a volatile morning session on Monday, taking its losses from a Jan. 27 peak to more than 19%. Meituan was the biggest drag amid concerns that increased competition will dent the e-commerce firm’s profitability. </p><p style=\"text-align: start;\">The grim milestone comes as China’s post-Covid recovery loses momentum and earnings fall short of high expectations. Investors say the market lacks catalysts for a rebound as frictions with the US on issues from technology to Taiwan keep sentiment in check. The HSCEI gauge has erased about half of the gains seen during a three-month reopening rally through January. Down about 6% this year, it is among the worst performers in Asia.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b83be8821bb629e3d4b3b7a001ccdf11\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Profits at industrial firms in China kept falling in the first four months of the year, underlining cooling demand and deepening factory-gate deflation in the world’s second-largest economy. Industrial profits fell 20.6% in the January-April period from the same time frame in 2022, data published Saturday by the National Bureau of Statistics showed.</p><p style=\"text-align: start;\">“China’s domestic recovery just hasn’t been as strong as expected, and not enough to offset worries of a global slowdown,” said Marvin Chen, an analyst with Bloomberg Intelligence. “Markets may be getting fatigued waiting on catalysts such as monetary easing or thawing in US tensions, and are looking elsewhere for growth.”</p><p style=\"text-align: start;\">China’s onshore CSI 300 Index fell as much as 0.8% on Monday, after having erased all its gains for 2023 last week amid a weaker yuan and developers’ debt woes. Meanwhile, the MSCI Asia Pacific Index of regional climbed as sentiment improved following a deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling.</p><p>As losses deepen, Chinese equities are losing their bullish strategist calls. Citigroup Inc.’s global allocation team cut its overweight rating on China to neutral on Friday, while Jefferies Financial Group Inc. strategist Christopher Wood reduced his overweight allocation on the market for the second time in under two weeks in the Asia Pacific ex-Japan model portfolio.</p><p style=\"text-align: start;\">Meituan tumbled as much as 7.7% to its lowest level since October. That more than offset a rally in NetEase Inc. and Baidu Inc., and caused the Hang Sang Tech Index to reverse an early advance.</p><p style=\"text-align: start;\">“Investors will only return in a meaningful way when concerns about geopolitics and broader economic recovery are allayed,” said Vey-Sern Ling, managing director at Union Bancaire Privee.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bear Market Looms for China Stocks in Hong Kong as Losses Mount</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\">\nBear Market Looms for China Stocks in Hong Kong as Losses Mount\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-29 13:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-29/chinese-stocks-in-hong-kong-extend-slump-approach-bear-market?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese equities underperform in Asia once again on MondaySlow recovery, geopolitical tensions are among top concernsA gauge of Chinese shares traded in Hong Kong inched closer to bear-market ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-29/chinese-stocks-in-hong-kong-extend-slump-approach-bear-market?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSI":"恒生指数","HSTECH":"恒生科技指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-29/chinese-stocks-in-hong-kong-extend-slump-approach-bear-market?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150733972","content_text":"Chinese equities underperform in Asia once again on MondaySlow recovery, geopolitical tensions are among top concernsA gauge of Chinese shares traded in Hong Kong inched closer to bear-market territory as a wobbling economic recovery, intensifying geopolitical tensions and a weaker yuan keep investors away.The Hang Seng China Enterprises Index slumped as much as 0.8% in a volatile morning session on Monday, taking its losses from a Jan. 27 peak to more than 19%. Meituan was the biggest drag amid concerns that increased competition will dent the e-commerce firm’s profitability. The grim milestone comes as China’s post-Covid recovery loses momentum and earnings fall short of high expectations. Investors say the market lacks catalysts for a rebound as frictions with the US on issues from technology to Taiwan keep sentiment in check. The HSCEI gauge has erased about half of the gains seen during a three-month reopening rally through January. Down about 6% this year, it is among the worst performers in Asia.Profits at industrial firms in China kept falling in the first four months of the year, underlining cooling demand and deepening factory-gate deflation in the world’s second-largest economy. Industrial profits fell 20.6% in the January-April period from the same time frame in 2022, data published Saturday by the National Bureau of Statistics showed.“China’s domestic recovery just hasn’t been as strong as expected, and not enough to offset worries of a global slowdown,” said Marvin Chen, an analyst with Bloomberg Intelligence. “Markets may be getting fatigued waiting on catalysts such as monetary easing or thawing in US tensions, and are looking elsewhere for growth.”China’s onshore CSI 300 Index fell as much as 0.8% on Monday, after having erased all its gains for 2023 last week amid a weaker yuan and developers’ debt woes. Meanwhile, the MSCI Asia Pacific Index of regional climbed as sentiment improved following a deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling.As losses deepen, Chinese equities are losing their bullish strategist calls. Citigroup Inc.’s global allocation team cut its overweight rating on China to neutral on Friday, while Jefferies Financial Group Inc. strategist Christopher Wood reduced his overweight allocation on the market for the second time in under two weeks in the Asia Pacific ex-Japan model portfolio.Meituan tumbled as much as 7.7% to its lowest level since October. That more than offset a rally in NetEase Inc. and Baidu Inc., and caused the Hang Sang Tech Index to reverse an early advance.“Investors will only return in a meaningful way when concerns about geopolitics and broader economic recovery are allayed,” said Vey-Sern Ling, managing director at Union Bancaire Privee.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"news","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://ttm.financial/m/news/1173091959?lang=&edition=fundamental","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-W"},"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":188,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"repost":{"id":"2356328571","kind":"highlight","pubTimestamp":1690985198,"share":"https://ttm.financial/m/news/2356328571?lang=&edition=fundamental","pubTime":"2023-08-02 22:06","market":"us","language":"en","title":"Chinese tech stocks dip after draft rules by China to curb internet use by minors","url":"https://stock-news.laohu8.com/highlight/detail?id=2356328571","media":"seekingalpha","summary":"The Cyberspace Administration of China (CAC) has drafted guidelines for preventing minors from spending too much time on their smartphones, dealing a potential blow to social media providers. Chinese ","content":"<html><body><p>The Cyberspace Administration of China (CAC) has drafted guidelines for preventing minors from spending too much time on their smartphones, dealing a potential blow to social media providers.</p> <p>Chinese tech shares fell on Tuesday following the announcement. Short video service provider Kuaishou Technology (OTCPK:KUASF<span>) (</span>OTCPK:KSHTY<span>) saw its stock dip </span><span>~4%</span><span>, Weibo (</span>WB<span>) was down </span><span>~5%</span><span>, Baidu (</span><span>NASDAQ:BIDU</span><span>) closed </span><span>~4%</span><span> down and Tencent (</span>OTCPK:TCEHY<span>) (</span>OTCPK:TCTZF<span>) fell </span><span>~3%</span><span> on the Hong Kong exchange. The Chinese companies' stocks on U.S. exchanges are also trading lower - Alibaba (</span>BABA<span>) </span><span>~3%</span><span> and Bilibili (</span><span>NASDAQ:BILI</span><span>) </span><span>~4%</span><span>, to name a few.</span></p> <p>Among the moves — which are aimed at curbing internet addiction — the agency noted that smart mobile terminals should provide different usage time management services for minor users based on different age groups. When the daily use time limit is exceeded, the mobile smart terminal should automatically close other apps except for specific ones and those exempted by parent.</p> <p>Those under the age of 8 will be limited to use internet up to 40 minutes per day; no more than 1 hour for those between 8 to under 16 years of age; and a default total use time of no more than 2 hours for those between 16 to under 18 years of age. The draft provides parents with exemption operations.</p> <p>The CAC added that mobile smart terminals are prohibited from providing services to minors from 10 p.m. to 6 a.m.</p> <p>For compliance, the CAC noted that smart mobile terminals, apps, distribution platforms should cooperate with the inspection carried out by relevant management departments, and provide necessary technical and data support and assistance.</p> <p>The mobile internet information service providers should provide services as per rules and should not collect user data beyond the scope, the CAC added.</p> <p>The parties should also set up necessary emergency response mechanisms to ensure that emergency services for safety of minors are not blocked.</p> <p>The CAC said that the deadline for comments and feedback is Sept. 2.</p> <h2>More on Chinese stocks</h2> <ul> <li>Alibaba: Easier Comps Can Deliver Earnings Surprise</li> <li>Tencent: Still At Least 20% Undervalued</li> </ul></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>Chinese tech stocks dip after draft rules by China to curb internet use by minors</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\">\nChinese tech stocks dip after draft rules by China to curb internet use by minors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-02 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3995215-chinese-tech-stocks-dip-after-draft-rules-by-china-to-curb-internet-use-by-minors><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Cyberspace Administration of China (CAC) has drafted guidelines for preventing minors from spending too much time on their smartphones, dealing a potential blow to social media providers. Chinese ...</p>\n\n<a href=\"https://seekingalpha.com/news/3995215-chinese-tech-stocks-dip-after-draft-rules-by-china-to-curb-internet-use-by-minors\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/944179026/image_944179026.jpg","relate_stocks":{"BK4211":"区域性银行","BK4509":"腾讯概念","BK4535":"淡马锡持仓","BK4558":"双十一","BK4220":"综合零售","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4508":"社交媒体","BK4527":"明星科技股","BK4538":"云计算","BK4077":"互动媒体与服务","BK4588":"碎股","BK4579":"人工智能","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4552":"Archegos爆仓风波概念","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD","BK4574":"无人驾驶","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0173614495.USD":"富达中国焦点A","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4502":"阿里概念","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0359201612.USD":"贝莱德中国基金A2","BK4505":"高瓴资本持仓","BK4510":"在线教育","BK4581":"高盛持仓","BK4575":"芯片概念","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","BK4085":"互动家庭娱乐","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK4504":"桥水持仓","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BIDU":"百度","WB":"微博","BK4548":"巴美列捷福持仓","CAC":"卡姆登国家银行","BK4514":"搜索引擎","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4513":"直播概念","BK4566":"资本集团","BK4531":"中概回港概念","09988":"阿里巴巴-W","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BABA":"阿里巴巴","BK4533":"AQR资本管理(全球第二大对冲基金)","BILI":"哔哩哔哩","BK4587":"ChatGPT概念"},"source_url":"https://seekingalpha.com/news/3995215-chinese-tech-stocks-dip-after-draft-rules-by-china-to-curb-internet-use-by-minors","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2356328571","content_text":"The Cyberspace Administration of China (CAC) has drafted guidelines for preventing minors from spending too much time on their smartphones, dealing a potential blow to social media providers. Chinese tech shares fell on Tuesday following the announcement. Short video service provider Kuaishou Technology (OTCPK:KUASF) (OTCPK:KSHTY) saw its stock dip ~4%, Weibo (WB) was down ~5%, Baidu (NASDAQ:BIDU) closed ~4% down and Tencent (OTCPK:TCEHY) (OTCPK:TCTZF) fell ~3% on the Hong Kong exchange. The Chinese companies' stocks on U.S. exchanges are also trading lower - Alibaba (BABA) ~3% and Bilibili (NASDAQ:BILI) ~4%, to name a few. Among the moves — which are aimed at curbing internet addiction — the agency noted that smart mobile terminals should provide different usage time management services for minor users based on different age groups. When the daily use time limit is exceeded, the mobile smart terminal should automatically close other apps except for specific ones and those exempted by parent. Those under the age of 8 will be limited to use internet up to 40 minutes per day; no more than 1 hour for those between 8 to under 16 years of age; and a default total use time of no more than 2 hours for those between 16 to under 18 years of age. The draft provides parents with exemption operations. The CAC added that mobile smart terminals are prohibited from providing services to minors from 10 p.m. to 6 a.m. For compliance, the CAC noted that smart mobile terminals, apps, distribution platforms should cooperate with the inspection carried out by relevant management departments, and provide necessary technical and data support and assistance. The mobile internet information service providers should provide services as per rules and should not collect user data beyond the scope, the CAC added. The parties should also set up necessary emergency response mechanisms to ensure that emergency services for safety of minors are not blocked. The CAC said that the deadline for comments and feedback is Sept. 2. More on Chinese stocks  Alibaba: Easier Comps Can Deliver Earnings Surprise Tencent: Still At Least 20% Undervalued","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"highlight","pubTimestamp":1683031674,"share":"https://ttm.financial/m/news/2332959553?lang=&edition=fundamental","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 $12.9 billion.Shares were down 5% in premarket trading Tuesday. S&P 500 and Dow Jones Industrial Average futures fell 0.4% and 0.1%, respectively.Sales in the company’s electronics and industrial-related businesses dropped 16% year over year, pressuring profit margins. Sales in DuPont’s water-related business grew about 1%.“We delivered earnings in line with our expectations for the first quarter of 2023 which reflects our team’s continued strong execution despite a lower volume environment in electronics and construction-related end markets,” said CEO Ed Breen in a news release. “Our businesses are well-equipped to leverage leading market positions and accelerate growth when consumer-driven, short-cycle electronics end markets recover.”Investors would like to know when the recovery in those markets will take place.Along with earnings, DuPont also announced a deal to acquire Spectrum Plastics, which sells primarily into medical end markets. Terms of the deal weren’t included in the earnings news release.Management hosts a conference call at 8 a.m. Eastern time to discuss results. Analysts will want to hear more about a recovery in the electronic business and the state of the overall economy.Coming into Tuesday trading, DuPont shares haver risen about 1% and have gained about 5% over the past 12 months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098987502,"gmtCreate":1644008027877,"gmtModify":1676533880364,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ANY\">$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":865,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"news","pubTimestamp":1671722826,"share":"https://ttm.financial/m/news/1102116872?lang=&edition=fundamental","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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"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":127,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1666360940,"share":"https://ttm.financial/m/news/1112344644?lang=&edition=fundamental","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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"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":179,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"isVote":1,"tweetType":1,"viewCount":285,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"highlight","pubTimestamp":1666842854,"share":"https://ttm.financial/m/news/2278777723?lang=&edition=fundamental","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":{"NVDA":"英伟达","TDOC":"Teladoc Health Inc."},"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 $346.47. Even if it doesn't get back to those levels anytime soon, the stock can still be a terrific buy for the long haul.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113338186,"gmtCreate":1622593530845,"gmtModify":1704186874258,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$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":829,"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,"idStr":"3559117231741218","authorIdStr":"3559117231741218"},"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"news","pubTimestamp":1626387247,"share":"https://ttm.financial/m/news/1165176874?lang=&edition=fundamental","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":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"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":121,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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,"repost":{"id":"2149313255","kind":"highlight","pubTimestamp":1625715068,"share":"https://ttm.financial/m/news/2149313255?lang=&edition=fundamental","pubTime":"2021-07-08 11:31","market":"us","language":"en","title":"Why Is Cathie Wood Buying Netflix and Selling Roku?","url":"https://stock-news.laohu8.com/highlight/detail?id=2149313255","media":"Motley Fool","summary":"The ace stock picker buys shares of one streaming leader while selling shares of another.","content":"<p>ARK Invest's Cathie Wood is curling up on the couch to binge invest in <b>Netflix</b>&nbsp;(NASDAQ:NFLX) this week. She's also lightening up on her stake in fellow streaming wunderkind <b>Roku</b> (NASDAQ:ROKU).</p>\n<p>For many investors, Netflix and Roku seem to be joined at the hip in the streaming video revolution. Netflix is the top dog among premium services with 207.6 million paying subscribers by the end of March. Roku is the streaming gateway of choice for 53.6 million homes across the country.</p>\n<p>Why did Wood buy shares of Netflix on Tuesday? Why did she also sell shares of Roku on Tuesday? We don't have official responses. ARK Invest's transparency ends at its daily transaction reports. However, let's try to make sense of the two seemingly contradictory moves.<img src=\"https://static.tigerbbs.com/60222a7db1df84428e1d82605a38b7ab\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Channel surfing</h2>\n<p>It's important to remember that Netflix and Roku aren't necessarily passing ships in Wood's eyes. She routinely trims and adds to some of her largest positions. Just a couple of weeks ago we were wondering why she was selling shares of Netflix, as she had lightened her position in the streaming service pioneer four times over the five previous weeks. The stocks that she's selling today Wood may be buying right back tomorrow. ARK Invest made four different purchases of Roku through the first half of May, even if Tuesday's transaction is the third time that she has sold shares of the fast-growing streaming hub since its springtime shopping spree.</p>\n<p>Roku investors don't have to start getting nervous here. ARK Invest still owns more than $1.5 billion worth of Roku stock, making it the second largest holding across all of its funds.</p>\n<p>It's hard to argue with Wood's success after the monster run that the ARK Invest ETFs had in 2020. If you're a Roku investor you can hope that she's simply pruning back her Roku position to raise capital to buy some recent IPOs that she's been eyeing lately.</p>\n<p>Netflix and Roku will be just fine. They have both secured what I like to call invisible moats. Netflix competes with streaming services put out by giant media stocks, but as the runaway revenue leader no <a href=\"https://laohu8.com/S/AONE\">one</a> can invest as much in new content as Netflix can out of its cash flow. Roku also competes against some heavyweights. Three of the country's four most valuable companies by market cap operate rival streaming hubs. Roku's independence -- as well as its agnosticism and first-mover status -- have helped it prevail as the operating system of choice for smart TV manufacturers.</p>\n<p>It's OK to cheer that ARK Invest is buying back into Netflix again after seemingly easing up on the cable and TV industry disruptor last month. This doesn't mean that you have to read too much into some light trimming of Roku. The two companies rocked during the pandemic when consumers had to hunker down in their homes, but they're stronger now even with folks heading out again. They packed years of growth into a handful of quarters, but that finds them with much larger audiences to serve right now. The success of Wood's ETFs continues to be tied to positive outcomes at both Netflix and Roku.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Cathie Wood Buying Netflix and Selling Roku?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Cathie Wood Buying Netflix and Selling Roku?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 11:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/07/why-is-cathie-wood-buying-netflix-and-selling-roku/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ARK Invest's Cathie Wood is curling up on the couch to binge invest in Netflix (NASDAQ:NFLX) this week. She's also lightening up on her stake in fellow streaming wunderkind Roku (NASDAQ:ROKU).\nFor ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/07/why-is-cathie-wood-buying-netflix-and-selling-roku/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2021/07/07/why-is-cathie-wood-buying-netflix-and-selling-roku/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149313255","content_text":"ARK Invest's Cathie Wood is curling up on the couch to binge invest in Netflix (NASDAQ:NFLX) this week. She's also lightening up on her stake in fellow streaming wunderkind Roku (NASDAQ:ROKU).\nFor many investors, Netflix and Roku seem to be joined at the hip in the streaming video revolution. Netflix is the top dog among premium services with 207.6 million paying subscribers by the end of March. Roku is the streaming gateway of choice for 53.6 million homes across the country.\nWhy did Wood buy shares of Netflix on Tuesday? Why did she also sell shares of Roku on Tuesday? We don't have official responses. ARK Invest's transparency ends at its daily transaction reports. However, let's try to make sense of the two seemingly contradictory moves.\nImage source: Getty Images.\nChannel surfing\nIt's important to remember that Netflix and Roku aren't necessarily passing ships in Wood's eyes. She routinely trims and adds to some of her largest positions. Just a couple of weeks ago we were wondering why she was selling shares of Netflix, as she had lightened her position in the streaming service pioneer four times over the five previous weeks. The stocks that she's selling today Wood may be buying right back tomorrow. ARK Invest made four different purchases of Roku through the first half of May, even if Tuesday's transaction is the third time that she has sold shares of the fast-growing streaming hub since its springtime shopping spree.\nRoku investors don't have to start getting nervous here. ARK Invest still owns more than $1.5 billion worth of Roku stock, making it the second largest holding across all of its funds.\nIt's hard to argue with Wood's success after the monster run that the ARK Invest ETFs had in 2020. If you're a Roku investor you can hope that she's simply pruning back her Roku position to raise capital to buy some recent IPOs that she's been eyeing lately.\nNetflix and Roku will be just fine. They have both secured what I like to call invisible moats. Netflix competes with streaming services put out by giant media stocks, but as the runaway revenue leader no one can invest as much in new content as Netflix can out of its cash flow. Roku also competes against some heavyweights. Three of the country's four most valuable companies by market cap operate rival streaming hubs. Roku's independence -- as well as its agnosticism and first-mover status -- have helped it prevail as the operating system of choice for smart TV manufacturers.\nIt's OK to cheer that ARK Invest is buying back into Netflix again after seemingly easing up on the cable and TV industry disruptor last month. This doesn't mean that you have to read too much into some light trimming of Roku. The two companies rocked during the pandemic when consumers had to hunker down in their homes, but they're stronger now even with folks heading out again. They packed years of growth into a handful of quarters, but that finds them with much larger audiences to serve right now. The success of Wood's ETFs continues to be tied to positive outcomes at both Netflix and Roku.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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":950,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"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":9989441963,"gmtCreate":1666068609253,"gmtModify":1676537700657,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"Will drop more&nbsp;","listText":"Will drop more&nbsp;","text":"Will drop more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9989441963","repostId":"2276154612","repostType":2,"repost":{"id":"2276154612","kind":"highlight","pubTimestamp":1666062815,"share":"https://ttm.financial/m/news/2276154612?lang=&edition=fundamental","pubTime":"2022-10-18 11:13","market":"us","language":"en","title":"Oversold Conditions Grant a Mega Buying Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=2276154612","media":"InvestorPlace","summary":"The S&P 500’s weekly RSI has been oversold during only 46 weeks over the past 50 years -- and we're ","content":"<html><head></head><body><ul><li>The S&amp;P 500’s weekly RSI has been oversold during only 46 weeks over the past 50 years -- and we&#39;re oversold today.</li><li>This technical indicator successfully predicted the ending of the COVID-19, 2008 financial crisis, and dot-com crashes.</li><li>Whenever the market does become oversold on a weekly basis, it tends to be working through a bottoming process after a terrible crash.</li></ul><p>Stocks don’t rise forever. They also don’t fall forever. </p><p>While everything you read on Twitter and see on CNBC these days will likely make you feel like this stock market crash will never end, you need to know that at some point, it will. And when it does, <b>we’re going to get a generational buying opportunity</b>. </p><p>One closely watched technical indicator suggests the stock market crash could end quite soon. </p><p>This indicator has flashed twice recently. It also flashed at the stock market bottoms of March 2020, March 2009, and November 2002. </p><p>That’s right. This technical indicator successfully predicted the ending of the COVID-19, 2008 financial crisis, and dot-com crashes. Now, <b>it’s predicting the end of the 2022 market crash.</b> </p><p>If right again, this indicator could be your “<b><i>golden ticket</i></b>” to market fortunes over the next year. </p><p>Here’s a deeper look. </p><h2>Current Oversold Conditions</h2><p>The indicator we’re talking about is the <b>weekly Relative Strength Index </b>for the <b>S&amp;P 500</b>. </p><p>This metric gauges the weekly buying pressure in the stock market. And it tells us how overbought or oversold stocks are in any given week using a reading from 0 to 100. Overbought conditions are typically quantified by levels over 70. Oversold conditions are typically quantified by levels less than 30. </p><p><b>We’re oversold today.</b> Not at this exact moment – but back at the summer lows, the weekly RSI on the S&amp;P 500 dropped to 30 for the first time since March 2020. </p><p>That’s noteworthy because the stock market rarely spends time as oversold. The S&amp;P 500’s weekly RSI has been oversold during only 46 weeks over the past 50 years. That means the market has been oversold on a weekly basis only 1.5% of the time. </p><p>Weekly oversold conditions in the market are incredibly rare. <b><i>They’re also incredibly bullish.</i></b></p><p>Whenever the market does become oversold on a weekly basis, it tends to be working through a bottoming process after a terrible crash. Indeed, 90% of the time, stocks are higher 12 months later – and not by a little. The average gain in the 12 months following a weekly oversold reading is about 24%! </p><p><img src=\"https://static.tigerbbs.com/11c721368d5b636be0142d8ea2614b63\" tg-width=\"624\" tg-height=\"281\" width=\"100%\" height=\"auto\"/>Source: Bloomberg</p><p>The only exceptions? Late 1973 and early 2001. But back in 1973, the market was dealing with 10%-plus inflation that was rising rapidly. In 2001, the market was still trading at a very rich valuation multiple of 21X forward earnings. Today, inflation rates are at 8% and falling, while the forward earnings multiple is just 16X – below its 5-, 10-, 20-, and 30-year averages. </p><p>In other words, <b>history says we’re either at or very close to a stock market bottom.</b> It would be unprecedented for stocks to be this oversold and undervalued and keep falling… unless a so-called “black swan” risk emerges. </p><p>And we don’t foresee any of those risks on the horizon. As such, we think that a bottom is close. And so is a <b>generational turning point</b>. </p><h2>The Final Word</h2><p>Bear markets are weird. </p><p>In good times, investors are always telling themselves: “Yeah, when that next stock market crash happens, I’m going to buy the dip and make so much money.” </p><p>Yet, when that next stock market crash does come, that usually doesn’t happen. <b>Instead, we get scared. </b></p><p>And I get it. Bear markets are scary. When stocks are crashing, it seems like there must be a sinister reason for it. Investors fear the worst – as if the economy is about to blow up.</p><p>Of course, it never actually blows up. The economy, the markets, and stocks all take a couple hits and then bounce back. </p><p>The investors who make money during bear markets are the ones who realize this and don’t panic. They are the ones who buy, hold, and wait for better times. </p><p>As it turns out, <b>waiting is actually the most valuable thing you can do in the stock market</b>, especially during bear markets! </p><p>The great Charlie Munger – Warren Buffett’s right-hand man – once said that the big money in the stock market isn’t made in the buying or the selling but in the waiting. </p><p>So, here’s my two cents on this market crash. Buy high-quality growth stocks at huge discounts today… then, wait. </p><p>Sounds simple, I know. But sometimes, the simple answer is the best one. </p><p>That’s certainly true in this situation. </p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oversold Conditions Grant a Mega Buying Opportunity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOversold Conditions Grant a Mega Buying Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2022/10/oversold-conditions-grant-a-mega-buying-opportunity/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500’s weekly RSI has been oversold during only 46 weeks over the past 50 years -- and we're oversold today.This technical indicator successfully predicted the ending of the COVID-19, 2008 ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2022/10/oversold-conditions-grant-a-mega-buying-opportunity/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://investorplace.com/hypergrowthinvesting/2022/10/oversold-conditions-grant-a-mega-buying-opportunity/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276154612","content_text":"The S&P 500’s weekly RSI has been oversold during only 46 weeks over the past 50 years -- and we're oversold today.This technical indicator successfully predicted the ending of the COVID-19, 2008 financial crisis, and dot-com crashes.Whenever the market does become oversold on a weekly basis, it tends to be working through a bottoming process after a terrible crash.Stocks don’t rise forever. They also don’t fall forever. While everything you read on Twitter and see on CNBC these days will likely make you feel like this stock market crash will never end, you need to know that at some point, it will. And when it does, we’re going to get a generational buying opportunity. One closely watched technical indicator suggests the stock market crash could end quite soon. This indicator has flashed twice recently. It also flashed at the stock market bottoms of March 2020, March 2009, and November 2002. That’s right. This technical indicator successfully predicted the ending of the COVID-19, 2008 financial crisis, and dot-com crashes. Now, it’s predicting the end of the 2022 market crash. If right again, this indicator could be your “golden ticket” to market fortunes over the next year. Here’s a deeper look. Current Oversold ConditionsThe indicator we’re talking about is the weekly Relative Strength Index for the S&P 500. This metric gauges the weekly buying pressure in the stock market. And it tells us how overbought or oversold stocks are in any given week using a reading from 0 to 100. Overbought conditions are typically quantified by levels over 70. Oversold conditions are typically quantified by levels less than 30. We’re oversold today. Not at this exact moment – but back at the summer lows, the weekly RSI on the S&P 500 dropped to 30 for the first time since March 2020. That’s noteworthy because the stock market rarely spends time as oversold. The S&P 500’s weekly RSI has been oversold during only 46 weeks over the past 50 years. That means the market has been oversold on a weekly basis only 1.5% of the time. Weekly oversold conditions in the market are incredibly rare. They’re also incredibly bullish.Whenever the market does become oversold on a weekly basis, it tends to be working through a bottoming process after a terrible crash. Indeed, 90% of the time, stocks are higher 12 months later – and not by a little. The average gain in the 12 months following a weekly oversold reading is about 24%! Source: BloombergThe only exceptions? Late 1973 and early 2001. But back in 1973, the market was dealing with 10%-plus inflation that was rising rapidly. In 2001, the market was still trading at a very rich valuation multiple of 21X forward earnings. Today, inflation rates are at 8% and falling, while the forward earnings multiple is just 16X – below its 5-, 10-, 20-, and 30-year averages. In other words, history says we’re either at or very close to a stock market bottom. It would be unprecedented for stocks to be this oversold and undervalued and keep falling… unless a so-called “black swan” risk emerges. And we don’t foresee any of those risks on the horizon. As such, we think that a bottom is close. And so is a generational turning point. The Final WordBear markets are weird. In good times, investors are always telling themselves: “Yeah, when that next stock market crash happens, I’m going to buy the dip and make so much money.” Yet, when that next stock market crash does come, that usually doesn’t happen. Instead, we get scared. And I get it. Bear markets are scary. When stocks are crashing, it seems like there must be a sinister reason for it. Investors fear the worst – as if the economy is about to blow up.Of course, it never actually blows up. The economy, the markets, and stocks all take a couple hits and then bounce back. The investors who make money during bear markets are the ones who realize this and don’t panic. They are the ones who buy, hold, and wait for better times. As it turns out, waiting is actually the most valuable thing you can do in the stock market, especially during bear markets! The great Charlie Munger – Warren Buffett’s right-hand man – once said that the big money in the stock market isn’t made in the buying or the selling but in the waiting. So, here’s my two cents on this market crash. Buy high-quality growth stocks at huge discounts today… then, wait. Sounds simple, I know. But sometimes, the simple answer is the best one. That’s certainly true in this situation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044380769,"gmtCreate":1656716431651,"gmtModify":1676535880506,"author":{"id":"3557887424829909","authorId":"3557887424829909","name":"aaffsmcjje","avatar":"https://static.tigerbbs.com/0fcb01cf792998a6ce47337ae22c20b9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"themes":[],"htmlText":"Solid rebound? Lol","listText":"Solid rebound? Lol","text":"Solid rebound? Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044380769","repostId":"2248842277","repostType":2,"repost":{"id":"2248842277","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1656716056,"share":"https://ttm.financial/m/news/2248842277?lang=&edition=fundamental","pubTime":"2022-07-02 06:54","market":"us","language":"en","title":"Wall Street Ends First Day of Third Quarter With Solid Rebound","url":"https://stock-news.laohu8.com/highlight/detail?id=2248842277","media":"Reuters","summary":"* U.S. factory activity decelerates more than expected in June* Micron's downbeat forecast prompts c","content":"<html><head></head><body><p>* U.S. factory activity decelerates more than expected in June</p><p>* Micron&#39;s downbeat forecast prompts chip sell-off</p><p>* Kohl&#39;s tumbles after calling off sale to Franchise Group</p><p>* Indexes up: Dow 1.05%, S&amp;P 1.06%, Nasdaq 0.90%</p><p>NEW YORK, July 1 (Reuters) - Wall Street bounced back to a sharply higher close in light trading on Friday as investors embarked on the second half of the year ahead of the long holiday weekend.</p><p>All three major U.S. stock indexes reversed early losses to end in well into positive territory in the wake of the stock market&#39;s worst first half in decades.</p><p>Still, all three indexes posted losses for the week.</p><p>&#34;We&#39;re headed into the holiday weekend and having a late-day relief rally,&#34; said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. &#34;But we’ll likely have to wait until investors return from the holiday weekend to see if it’s sustainable at the start of the new quarter.&#34;</p><p>Market participants now look to the second-quarter earnings season, the Labor Department&#39;s June employment report, and the Federal Reserve&#39;s monetary policy meeting expected later in July.</p><p>The microchip sector dropped sharply after Micron Technology Inc warned of cooling demand.</p><p>Micron&#39;s shares slid 2.9%, pulling the Philadelphia SE Semiconductor index down 3.8%.</p><p>Worries over waning demand in the face of decades-high inflation were reflected in the Institute for Supply Management&#39;s (ISM) purchasing managers&#39; index, which showed a deceleration in both new orders input prices.</p><p>ISM&#39;s report seemed to back the view that the economy is cooling and inflation appears to be past its peak. This has raised the possibility that the Fed might have wiggle room for a dovish pivot after its second straight 75 basis point interest rate hike expected in July.</p><p>&#34;The Fed is going to need to see a lot more evidence to change its mind about further continued interest rate hikes,&#34; said Tim Ghriskey, senior portfolio strategist Ingalls &amp; Snyder in New York. &#34;There’s still a lot of uncertainty about the economy and inflation despite early signs that inflation may have peaked.&#34;</p><p>The Dow Jones Industrial Average rose 321.83 points, or 1.05%, to 31,097.26, the S&amp;P 500 gained 39.95 points, or 1.06%, to 3,825.33 and the Nasdaq Composite added 99.11 points, or 0.90%, to 11,127.85.</p><p>All 11 major sectors of the S&amp;P 500 ended the session green, with utilities enjoying the largest percentage gain.</p><p>Second-quarter reporting season begins in several weeks, and 130 of the companies in the S&amp;P 500 have pre-announced. Of those, 45 have been positive and 77 have been negative, a weaker negative/positive ratio than a year ago, according to Refinitiv data.</p><p>The prospect of profit margins taking a hit from bruising inflation and waning consumer demand will have market participants listening closely to forward guidance.</p><p>Analysts now expect aggregate second-quarter S&amp;P 500 earnings growth of 5.6%, down from the 6.8% projected at the beginning of the quarter, per Refinitiv.</p><p>Department store chain Kohl&#39;s Corp shares    tumbled 19.6% following its decision to halt talks of a possible sale to Franchise Group   .</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.77-to-1 ratio; on Nasdaq, a 1.57-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 48 new lows; the Nasdaq Composite recorded 12 new highs and 219 new lows.</p><p>Volume on U.S. exchanges was 11.01 billion shares, compared with the 12.88 billion average over the last 20 trading days.</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>Wall Street Ends First Day of Third Quarter With Solid Rebound</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Ends First Day of Third Quarter With Solid Rebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-02 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. factory activity decelerates more than expected in June</p><p>* Micron&#39;s downbeat forecast prompts chip sell-off</p><p>* Kohl&#39;s tumbles after calling off sale to Franchise Group</p><p>* Indexes up: Dow 1.05%, S&amp;P 1.06%, Nasdaq 0.90%</p><p>NEW YORK, July 1 (Reuters) - Wall Street bounced back to a sharply higher close in light trading on Friday as investors embarked on the second half of the year ahead of the long holiday weekend.</p><p>All three major U.S. stock indexes reversed early losses to end in well into positive territory in the wake of the stock market&#39;s worst first half in decades.</p><p>Still, all three indexes posted losses for the week.</p><p>&#34;We&#39;re headed into the holiday weekend and having a late-day relief rally,&#34; said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. &#34;But we’ll likely have to wait until investors return from the holiday weekend to see if it’s sustainable at the start of the new quarter.&#34;</p><p>Market participants now look to the second-quarter earnings season, the Labor Department&#39;s June employment report, and the Federal Reserve&#39;s monetary policy meeting expected later in July.</p><p>The microchip sector dropped sharply after Micron Technology Inc warned of cooling demand.</p><p>Micron&#39;s shares slid 2.9%, pulling the Philadelphia SE Semiconductor index down 3.8%.</p><p>Worries over waning demand in the face of decades-high inflation were reflected in the Institute for Supply Management&#39;s (ISM) purchasing managers&#39; index, which showed a deceleration in both new orders input prices.</p><p>ISM&#39;s report seemed to back the view that the economy is cooling and inflation appears to be past its peak. This has raised the possibility that the Fed might have wiggle room for a dovish pivot after its second straight 75 basis point interest rate hike expected in July.</p><p>&#34;The Fed is going to need to see a lot more evidence to change its mind about further continued interest rate hikes,&#34; said Tim Ghriskey, senior portfolio strategist Ingalls &amp; Snyder in New York. &#34;There’s still a lot of uncertainty about the economy and inflation despite early signs that inflation may have peaked.&#34;</p><p>The Dow Jones Industrial Average rose 321.83 points, or 1.05%, to 31,097.26, the S&amp;P 500 gained 39.95 points, or 1.06%, to 3,825.33 and the Nasdaq Composite added 99.11 points, or 0.90%, to 11,127.85.</p><p>All 11 major sectors of the S&amp;P 500 ended the session green, with utilities enjoying the largest percentage gain.</p><p>Second-quarter reporting season begins in several weeks, and 130 of the companies in the S&amp;P 500 have pre-announced. Of those, 45 have been positive and 77 have been negative, a weaker negative/positive ratio than a year ago, according to Refinitiv data.</p><p>The prospect of profit margins taking a hit from bruising inflation and waning consumer demand will have market participants listening closely to forward guidance.</p><p>Analysts now expect aggregate second-quarter S&amp;P 500 earnings growth of 5.6%, down from the 6.8% projected at the beginning of the quarter, per Refinitiv.</p><p>Department store chain Kohl&#39;s Corp shares    tumbled 19.6% following its decision to halt talks of a possible sale to Franchise Group   .</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.77-to-1 ratio; on Nasdaq, a 1.57-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 48 new lows; the Nasdaq Composite recorded 12 new highs and 219 new lows.</p><p>Volume on U.S. exchanges was 11.01 billion shares, compared with the 12.88 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SQQQ":"纳指三倍做空ETF","UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares","KSS":"柯尔百货","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","DJX":"1/100道琼斯","SPXU":"三倍做空标普500ETF","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","DXD":"道指两倍做空ETF","SSO":"两倍做多标普500ETF","BK4553":"喜马拉雅资本持仓","BK4534":"瑞士信贷持仓","QID":"纳指两倍做空ETF","TQQQ":"纳指三倍做多ETF","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4566":"资本集团","BK4114":"综合货品商店","DDM":"道指两倍做多ETF","MU":"美光科技","BK4559":"巴菲特持仓","SH":"标普500反向ETF","BK4527":"明星科技股","IVV":"标普500指数ETF","BK4550":"红杉资本持仓","DOG":"道指反向ETF","BK4579":"人工智能","FRG":"Franchise Group Inc","BK4141":"半导体产品",".DJI":"道琼斯","QQQ":"纳指100ETF","UDOW":"道指三倍做多ETF-ProShares","SPY":"标普500ETF","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","BK4504":"桥水持仓","OEX":"标普100",".SPX":"S&P 500 Index","BK4581":"高盛持仓","BK4103":"百货商店","BK4512":"苹果概念","SDOW":"道指三倍做空ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2248842277","content_text":"* U.S. factory activity decelerates more than expected in June* Micron's downbeat forecast prompts chip sell-off* Kohl's tumbles after calling off sale to Franchise Group* Indexes up: Dow 1.05%, S&P 1.06%, Nasdaq 0.90%NEW YORK, July 1 (Reuters) - Wall Street bounced back to a sharply higher close in light trading on Friday as investors embarked on the second half of the year ahead of the long holiday weekend.All three major U.S. stock indexes reversed early losses to end in well into positive territory in the wake of the stock market's worst first half in decades.Still, all three indexes posted losses for the week.\"We're headed into the holiday weekend and having a late-day relief rally,\" said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. \"But we’ll likely have to wait until investors return from the holiday weekend to see if it’s sustainable at the start of the new quarter.\"Market participants now look to the second-quarter earnings season, the Labor Department's June employment report, and the Federal Reserve's monetary policy meeting expected later in July.The microchip sector dropped sharply after Micron Technology Inc warned of cooling demand.Micron's shares slid 2.9%, pulling the Philadelphia SE Semiconductor index down 3.8%.Worries over waning demand in the face of decades-high inflation were reflected in the Institute for Supply Management's (ISM) purchasing managers' index, which showed a deceleration in both new orders input prices.ISM's report seemed to back the view that the economy is cooling and inflation appears to be past its peak. This has raised the possibility that the Fed might have wiggle room for a dovish pivot after its second straight 75 basis point interest rate hike expected in July.\"The Fed is going to need to see a lot more evidence to change its mind about further continued interest rate hikes,\" said Tim Ghriskey, senior portfolio strategist Ingalls & Snyder in New York. \"There’s still a lot of uncertainty about the economy and inflation despite early signs that inflation may have peaked.\"The Dow Jones Industrial Average rose 321.83 points, or 1.05%, to 31,097.26, the S&P 500 gained 39.95 points, or 1.06%, to 3,825.33 and the Nasdaq Composite added 99.11 points, or 0.90%, to 11,127.85.All 11 major sectors of the S&P 500 ended the session green, with utilities enjoying the largest percentage gain.Second-quarter reporting season begins in several weeks, and 130 of the companies in the S&P 500 have pre-announced. Of those, 45 have been positive and 77 have been negative, a weaker negative/positive ratio than a year ago, according to Refinitiv data.The prospect of profit margins taking a hit from bruising inflation and waning consumer demand will have market participants listening closely to forward guidance.Analysts now expect aggregate second-quarter S&P 500 earnings growth of 5.6%, down from the 6.8% projected at the beginning of the quarter, per Refinitiv.Department store chain Kohl's Corp shares    tumbled 19.6% following its decision to halt talks of a possible sale to Franchise Group   .Advancing issues outnumbered declining ones on the NYSE by a 2.77-to-1 ratio; on Nasdaq, a 1.57-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 48 new lows; the Nasdaq Composite recorded 12 new highs and 219 new lows.Volume on U.S. exchanges was 11.01 billion shares, compared with the 12.88 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4092376851552610","authorId":"4092376851552610","name":"Tall Guy","avatar":"https://community-static.tradeup.com/news/5e11acf97134ffdcfb93cea9aabffca0","crmLevel":3,"crmLevelSwitch":0,"idStr":"4092376851552610","authorIdStr":"4092376851552610"},"content":"for the past mths it's one solid day of rebound and few days of bleeding.","text":"for the past mths it's one solid day of rebound and few days of bleeding.","html":"for the past mths it's one solid day of rebound and few days of bleeding."}],"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644849356,"share":"https://ttm.financial/m/news/1198659303?lang=&edition=fundamental","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":1120,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4102601568648950","authorId":"4102601568648950","name":"LHC0511","avatar":"https://static.tigerbbs.com/36137ecfd83799ae98abc1275df51d30","crmLevel":3,"crmLevelSwitch":0,"idStr":"4102601568648950","authorIdStr":"4102601568648950"},"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,"followedFlag":false,"idStr":"3557887424829909","authorIdStr":"3557887424829909"},"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","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1643966370,"share":"https://ttm.financial/m/news/1198796246?lang=&edition=fundamental","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":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}