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2022-08-14

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Apple and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation

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08:27","market":"us","language":"en","title":"Apple and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1180963465","media":"MarketWatch","summary":"The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings re","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4062ea999ad9a74269b4289fac8b8890\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/>The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more than $700 billion to close out last week.</p><p>Apple finished Friday’s trading session with a<b> $2.48 trillion valuation</b>, while Microsoft ended the week with a <b>$1.76 trillion valuation</b>. The $719.24 billion spread between those two market caps was the widest record and nearly as much as Tesla Inc.’s entire market cap of<b> $721.61 billion</b>, according to Dow Jones Market Data.</p><p>The spread has narrowed a bit with Monday morning’s trading action, as Apple shares are off 1.8% and Microsoft shares are down 1.5%. Apple’s market value is now $698.40 billion larger than Microsoft’s, with that spread again similar to Tesla’s  current valuation.</p><p>While Apple shares rallied 7.6% in Friday trading after the company posted a large revenue beat in its Mac segment and indicated that iPhone demand was strong despite supply challenges, Microsoft shares lost 7.7% Wednesday as the company’s most recent earnings report fueled concerns about cloud growth.</p><p>Combined, Apple’s and Microsoft’s market caps made up 42% of the market cap of all Dow Jones Industrial Average components as of Friday’s close.</p><p>Apple’s price-to-earnings ratio on a next-12-months basis is also higher than Microsoft’s in a somewhat rare occurrence. While the smartphone giant’s forward P/E has been higher than Microsoft’s during several days in September and October, it hadn’t been above Microsoft’s before those instances since January 2021, per Dow Jones Market Data, based on FactSet data.</p><p>Apple had a 24.48 P/E ahead of Monday’s open, while Microsoft’s was 23.25.</p><p>Shares of both names remain down on the year, however, with Microsoft’s stock off 31% over the course of 2022 and Apple’s off 14%. Together, Apple, Microsoft, Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. have shed $3 trillion in market value so far this year.</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>Apple and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation</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 and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-01 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AAPL":"苹果","TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180963465","content_text":"The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more than $700 billion to close out last week.Apple finished Friday’s trading session with a $2.48 trillion valuation, while Microsoft ended the week with a $1.76 trillion valuation. The $719.24 billion spread between those two market caps was the widest record and nearly as much as Tesla Inc.’s entire market cap of $721.61 billion, according to Dow Jones Market Data.The spread has narrowed a bit with Monday morning’s trading action, as Apple shares are off 1.8% and Microsoft shares are down 1.5%. Apple’s market value is now $698.40 billion larger than Microsoft’s, with that spread again similar to Tesla’s  current valuation.While Apple shares rallied 7.6% in Friday trading after the company posted a large revenue beat in its Mac segment and indicated that iPhone demand was strong despite supply challenges, Microsoft shares lost 7.7% Wednesday as the company’s most recent earnings report fueled concerns about cloud growth.Combined, Apple’s and Microsoft’s market caps made up 42% of the market cap of all Dow Jones Industrial Average components as of Friday’s close.Apple’s price-to-earnings ratio on a next-12-months basis is also higher than Microsoft’s in a somewhat rare occurrence. While the smartphone giant’s forward P/E has been higher than Microsoft’s during several days in September and October, it hadn’t been above Microsoft’s before those instances since January 2021, per Dow Jones Market Data, based on FactSet data.Apple had a 24.48 P/E ahead of Monday’s open, while Microsoft’s was 23.25.Shares of both names remain down on the year, however, with Microsoft’s stock off 31% over the course of 2022 and Apple’s off 14%. Together, Apple, Microsoft, Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. have shed $3 trillion in market value so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986442571,"gmtCreate":1667008310293,"gmtModify":1676537848614,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986442571","repostId":"1146218395","repostType":4,"repost":{"id":"1146218395","pubTimestamp":1667007399,"share":"https://ttm.financial/m/news/1146218395?lang=&edition=fundamental","pubTime":"2022-10-29 09:36","market":"us","language":"en","title":"Amazon's Market Cap Bloodbath: Value Of Netflix, Paypal Combined Vanishes In A Flash","url":"https://stock-news.laohu8.com/highlight/detail?id=1146218395","media":"Benzinga","summary":"ZINGER KEY POINTSFollowing its recent earnings report, Amazon's market cap is still down by around $","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Following its recent earnings report, Amazon&#39;s market cap is still down by around $104 billion.</li><li>To put the significant loss in perspective, here is a comparison of what $104 billion truly looks like.</li></ul><p><b>Amazon.com Inc</b> rebounded Friday, climbing to the $100 level — gaining back about $100 billion in market cap — after basically seeing shares fall off a cliff on the previous day.</p><p>The e-commerce giant reported third-quarter financial results after the market close Thursday, beating on the top but missing on the bottom line.</p><p>After the report, shares fell a staggering 20% in after hours trading, initially dropping its market cap by $233 billion. That&#39;s more than the combined value of <b>Netflix Inc.</b> and <b>PayPal Holdings Inc.</b>, or the value of five <b>Twitter Inc</b>. deals at <b>Elon Musk</b>&#39;s buyout price of $44 billion.</p><p><b>What Happened:</b> Amazon reported third-quarter revenues of $127.1 billion, up 15% from the same period last year. The sum fell short of a Street expectation of $127.84 billion.</p><p>In the third quarter, the <b>Jeff Bezos</b>-founded company posted:</p><ul><li>Earnings per share of 28 cents, exceeding the Street&#39;s prediction of 22 cents.</li><li>North American sector revenue increased by 20% from the previous year to $78.8 billion.</li><li>$27.7 billion, or 5% less than the prior year&#39;s third quarter, was the foreign segment&#39;s revenue.</li><li>If foreign currency rates were not taken into account, the international section would have increased by 12%.</li><li>Revenue for Amazon&#39;s AWS division reached $20.5 billion, up 27% over the previous year.</li></ul></body></html>","source":"lsy1606299360108","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>Amazon's Market Cap Bloodbath: Value Of Netflix, Paypal Combined Vanishes In A Flash</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\">\nAmazon's Market Cap Bloodbath: Value Of Netflix, Paypal Combined Vanishes In A Flash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-29 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/22/10/29462123/amazons-market-cap-bloodbath-value-of-netflix-paypal-combined-vanishes-in-a-flash><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSFollowing its recent earnings report, Amazon's market cap is still down by around $104 billion.To put the significant loss in perspective, here is a comparison of what $104 billion ...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/22/10/29462123/amazons-market-cap-bloodbath-value-of-netflix-paypal-combined-vanishes-in-a-flash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.benzinga.com/news/earnings/22/10/29462123/amazons-market-cap-bloodbath-value-of-netflix-paypal-combined-vanishes-in-a-flash","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146218395","content_text":"ZINGER KEY POINTSFollowing its recent earnings report, Amazon's market cap is still down by around $104 billion.To put the significant loss in perspective, here is a comparison of what $104 billion truly looks like.Amazon.com Inc rebounded Friday, climbing to the $100 level — gaining back about $100 billion in market cap — after basically seeing shares fall off a cliff on the previous day.The e-commerce giant reported third-quarter financial results after the market close Thursday, beating on the top but missing on the bottom line.After the report, shares fell a staggering 20% in after hours trading, initially dropping its market cap by $233 billion. That's more than the combined value of Netflix Inc. and PayPal Holdings Inc., or the value of five Twitter Inc. deals at Elon Musk's buyout price of $44 billion.What Happened: Amazon reported third-quarter revenues of $127.1 billion, up 15% from the same period last year. The sum fell short of a Street expectation of $127.84 billion.In the third quarter, the Jeff Bezos-founded company posted:Earnings per share of 28 cents, exceeding the Street's prediction of 22 cents.North American sector revenue increased by 20% from the previous year to $78.8 billion.$27.7 billion, or 5% less than the prior year's third quarter, was the foreign segment's revenue.If foreign currency rates were not taken into account, the international section would have increased by 12%.Revenue for Amazon's AWS division reached $20.5 billion, up 27% over the previous year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918491495,"gmtCreate":1664425445117,"gmtModify":1676537453057,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918491495","repostId":"2271737074","repostType":4,"repost":{"id":"2271737074","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":1664406595,"share":"https://ttm.financial/m/news/2271737074?lang=&edition=fundamental","pubTime":"2022-09-29 07:09","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2271737074","media":"Reuters","summary":"Apple drops on concerns about iPhone demandTreasury prices rebound after BoE decisionS&P 500 records largest one-day gain since Aug. 10Indexes: Dow +1.88%, S&P 500 +1.97%, Nasdaq +2.05%Sept 28 (Reuter","content":"<html><head></head><body><ul><li>Apple drops on concerns about iPhone demand</li><li>Treasury prices rebound after BoE decision</li><li>S&amp;P 500 records largest one-day gain since Aug. 10</li><li>Indexes: Dow +1.88%, S&amp;P 500 +1.97%, Nasdaq +2.05%</li></ul><p>Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.</p><p>The S&amp;P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.</p><p>Interest rate-sensitive megacaps Microsoft, Amazon and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.</p><p>Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.</p><p>&#34;The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we&#39;ve seen it go down for two days in a row, and that has given equities a breather,&#34; said Art Hogan, chief market strategist at B. Riley Wealth.</p><p>Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.</p><p>U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.</p><p>Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.</p><p>Apple has been a relative outperformer in 2022&#39;s stock market sell-off, down about 15% in the year to date, versus the S&amp;P 500&#39;s 22% loss.</p><p>All of the 11 S&amp;P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .</p><p>The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&amp;P 500 gained 1.97% to 3,719.04. It was the S&amp;P 500&#39;s largest one-day gain since Aug. 10.</p><p>The Nasdaq Composite jumped 2.05% to 11,051.64.</p><p>Biogen Inc surged 40% after saying its experimental Alzheimer&#39;s drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.</p><p>Eli Lilly &amp; Co, which is also developing an Alzheimer&#39;s drug, jumped 7.5%, and it was among the biggest boosts to the S&amp;P 500 index.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/da8e9a6ce881361e45c74a1b02609eaf\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-29 07:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Apple drops on concerns about iPhone demand</li><li>Treasury prices rebound after BoE decision</li><li>S&amp;P 500 records largest one-day gain since Aug. 10</li><li>Indexes: Dow +1.88%, S&amp;P 500 +1.97%, Nasdaq +2.05%</li></ul><p>Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.</p><p>The S&amp;P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.</p><p>Interest rate-sensitive megacaps Microsoft, Amazon and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.</p><p>Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.</p><p>&#34;The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we&#39;ve seen it go down for two days in a row, and that has given equities a breather,&#34; said Art Hogan, chief market strategist at B. Riley Wealth.</p><p>Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.</p><p>U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.</p><p>Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.</p><p>Apple has been a relative outperformer in 2022&#39;s stock market sell-off, down about 15% in the year to date, versus the S&amp;P 500&#39;s 22% loss.</p><p>All of the 11 S&amp;P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .</p><p>The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&amp;P 500 gained 1.97% to 3,719.04. It was the S&amp;P 500&#39;s largest one-day gain since Aug. 10.</p><p>The Nasdaq Composite jumped 2.05% to 11,051.64.</p><p>Biogen Inc surged 40% after saying its experimental Alzheimer&#39;s drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.</p><p>Eli Lilly &amp; Co, which is also developing an Alzheimer&#39;s drug, jumped 7.5%, and it was among the biggest boosts to the S&amp;P 500 index.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/da8e9a6ce881361e45c74a1b02609eaf\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2271737074","content_text":"Apple drops on concerns about iPhone demandTreasury prices rebound after BoE decisionS&P 500 records largest one-day gain since Aug. 10Indexes: Dow +1.88%, S&P 500 +1.97%, Nasdaq +2.05%Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.The S&P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.Interest rate-sensitive megacaps Microsoft, Amazon and Meta Platforms rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.\"The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we've seen it go down for two days in a row, and that has given equities a breather,\" said Art Hogan, chief market strategist at B. Riley Wealth.Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.Apple has been a relative outperformer in 2022's stock market sell-off, down about 15% in the year to date, versus the S&P 500's 22% loss.All of the 11 S&P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&P 500 gained 1.97% to 3,719.04. It was the S&P 500's largest one-day gain since Aug. 10.The Nasdaq Composite jumped 2.05% to 11,051.64.Biogen Inc surged 40% after saying its experimental Alzheimer's drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.Eli Lilly & Co, which is also developing an Alzheimer's drug, jumped 7.5%, and it was among the biggest boosts to the S&P 500 index.Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935050879,"gmtCreate":1663022705292,"gmtModify":1676537181938,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9935050879","repostId":"2266804526","repostType":4,"repost":{"id":"2266804526","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":1662983039,"share":"https://ttm.financial/m/news/2266804526?lang=&edition=fundamental","pubTime":"2022-09-12 19:43","market":"us","language":"en","title":"Biden Finalized His Plan to Rein in Big Tech. Big Tech Wasn't Invited","url":"https://stock-news.laohu8.com/highlight/detail?id=2266804526","media":"Dow Jones","summary":"President Joe Biden's administration issued a checklist of actions needed to reign in Big Tech on Th","content":"<html><head></head><body><p>President Joe Biden&#39;s administration issued a checklist of actions needed to reign in Big Tech on Thursday, after a roundtable &#34;listening session&#34; on issues within the technology industry.</p><p>But administration officials were not &#34;listening&#34; to the companies that are the targets of many of the desired actions -- Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL), Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>and Facebook parent company <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> The only representatives of the tech industry in attendance were the chief executives of Mozilla Corp. and Sonos Inc. <a href=\"https://laohu8.com/S/SONO\">$(SONO)$</a></p><p>&#34;The rise of tech platforms has introduced new and difficult challenges, from the tragic acts of violence linked to toxic online cultures, to deteriorating mental health and well-being, to basic rights of Americans and communities worldwide suffering from the rise of tech platforms big and small,&#34; the White House said in a statement after convening 16 experts -- most of them administration employees -- to discuss technology.</p><p><a href=\"https://laohu8.com/S/GGLS\">None</a> of the Big Tech companies replied to request for comment on the listening session, but people familiar with the thinking at two of the companies weren&#39;t entirely surprised. They noted increased actions by the administration to hold social-media companies and purveyors of large digital platforms more accountable with the chances of a Senate vote seemingly dwindling by the hour.</p><p>Industry analysts, however, expressed disappointment at an exclusive, private meeting that recommended punitive actions against the industry&#39;s biggest players without offering a seat at the table. The most controversial reform mentioned on the administration&#39;s list called for &#34;the removal of special protections for large tech platforms,&#34; including changing Section 230 of the Communications Decency Act. The section generally provides website platforms immunity from third-party content.</p><p>&#34;Section 230 provides critical protections for platforms of all sizes to moderate content and take down harmful posts, and our research confirms these protections are most important for smaller sites,&#34; Chamber of Progress CEO Adam Kovacevich said. The trade group is funded by Amazon, Meta, Google, Apple, Twitter Inc. (TWTR), Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and others.</p><p>Six broad goals listed by the White House mirror legislation slowly wending its way through Congress, the latest indication of a growing crackdown by the White House on high tech&#39;s influence while legislation wallows in the Senate and House. The Justice Department is expected to file antitrust lawsuits against Google for its online-ad business and Apple for its dominant App Store in coming weeks, according to reports in The Wall Street Journal, Politico and elsewhere.</p><p>Social media platforms -- in particular, Meta, Twitter, TikTok and YouTube -- have been identified as the scourge of politicians who are playing to popular sentiment for reining in digital-data collectors such as Meta and Amazon. Those two companies are prime targets of the Federal Trade Commission.</p><p>Congressional inaction was reflected earlier this week when a flustered Sen. Amy Klobuchar, a Minnesota Democrat who is author of a bill to tamp down the power of powerful digital platform landlords like Apple and Facebook, claimed an &#34;incredible onslaught of money&#34; has been an obstacle to passing the legislation.</p><p>&#34;What has slowed us down is the incredible onslaught of money, and that&#39;s what happens with monopolies,&#34; Klobuchar, author of the American Innovation and Choice Online Act, said Tuesday at the Code Conference in Los Angeles. &#34;The senators are talking about it, about the ads running in each state.&#34;</p><p>Organizations funded by the technology industry have plowed more than $200 million on political ads and other lobbying efforts since the beginning of 2021, according to ad-tracking service AdImpact and others.</p><p>Klobuchar, who has written a book on antitrust reform and chaired the Senate Judiciary Committee&#39;s hearings on anticompetitive business practices for more than a year, has furiously pushed for a full Senate vote on her landmark bill as time melts with each passing day in the current legislative session. [The White House said Thursday it was encouraged to see bipartisan interest in Congress to adopt antitrust legislation to address the power of major U.S. tech companies.]</p><p>But absent any of the major principal companies in attendance, reporters pressed White House spokeswoman Karine Jean-Pierreon the participation of Mozilla CEO Mitchell Baker and Sonos CEO Patrick Spence to represent the views of the tech industry.</p><p>Sonos and Google are locked in a series of lawsuits against one another over speaker technology since 2020. Sonos called two suits filed last month by Google an &#34;intimidation tactic&#34; intended to &#34;retaliate against Sonos for speaking out against Google&#39;s monopolistic practices&#34; of royalty payments.</p><p>Nonprofit Mozilla, whose Firefox web browser competes with the likes of Google, has repeatedly clashed with Big Tech. On Friday, the company&#39;s chief security officer, Marshall Erwin, urged federal regulators to crack down on internet giants and browser makers that don&#39;t protect users&#39; privacy.</p><p>&#34;Privacy online is a mess, consumers are stuck in this vicious cycle in which their data is collected, often without their understanding, and then used to manipulate them,&#34; Erwin said during an FTC forum on commercial surveillance and data security.</p><p>&#34;The way that we see the roundtable today, it is, again, the largest roundtable that we have seen from this administration to deal with tech,&#34; Jean-Pierresaid. &#34;What you should take out from today, or take away from today, is that, you know, the president&#39;s going to and has long called for fundamental legislative reforms to address real issues. And so we&#39;re going to continue to do that.&#34;</p><p>The elusive reply came a day before Biden met in Ohio with Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> CEO Pat Gelsinger at a groundbreaking ceremony for Intel&#39;s new $20 billion semiconductor manufacturing facility weeks after Congress passed the $280 billion Chips and Science Act in July.</p><p>&#34;The future of the chip industry is going to be made in America,&#34; Biden said at the event, a White House pre-midterms push to tout new funding for manufacturing and infrastructure. &#34;The industrial <a href=\"https://laohu8.com/S/MDWT\">Midwest</a> is back.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden Finalized His Plan to Rein in Big Tech. Big Tech Wasn't Invited</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\">\nBiden Finalized His Plan to Rein in Big Tech. Big Tech Wasn't Invited\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-12 19:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>President Joe Biden&#39;s administration issued a checklist of actions needed to reign in Big Tech on Thursday, after a roundtable &#34;listening session&#34; on issues within the technology industry.</p><p>But administration officials were not &#34;listening&#34; to the companies that are the targets of many of the desired actions -- Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL), Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>and Facebook parent company <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> The only representatives of the tech industry in attendance were the chief executives of Mozilla Corp. and Sonos Inc. <a href=\"https://laohu8.com/S/SONO\">$(SONO)$</a></p><p>&#34;The rise of tech platforms has introduced new and difficult challenges, from the tragic acts of violence linked to toxic online cultures, to deteriorating mental health and well-being, to basic rights of Americans and communities worldwide suffering from the rise of tech platforms big and small,&#34; the White House said in a statement after convening 16 experts -- most of them administration employees -- to discuss technology.</p><p><a href=\"https://laohu8.com/S/GGLS\">None</a> of the Big Tech companies replied to request for comment on the listening session, but people familiar with the thinking at two of the companies weren&#39;t entirely surprised. They noted increased actions by the administration to hold social-media companies and purveyors of large digital platforms more accountable with the chances of a Senate vote seemingly dwindling by the hour.</p><p>Industry analysts, however, expressed disappointment at an exclusive, private meeting that recommended punitive actions against the industry&#39;s biggest players without offering a seat at the table. The most controversial reform mentioned on the administration&#39;s list called for &#34;the removal of special protections for large tech platforms,&#34; including changing Section 230 of the Communications Decency Act. The section generally provides website platforms immunity from third-party content.</p><p>&#34;Section 230 provides critical protections for platforms of all sizes to moderate content and take down harmful posts, and our research confirms these protections are most important for smaller sites,&#34; Chamber of Progress CEO Adam Kovacevich said. The trade group is funded by Amazon, Meta, Google, Apple, Twitter Inc. (TWTR), Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and others.</p><p>Six broad goals listed by the White House mirror legislation slowly wending its way through Congress, the latest indication of a growing crackdown by the White House on high tech&#39;s influence while legislation wallows in the Senate and House. The Justice Department is expected to file antitrust lawsuits against Google for its online-ad business and Apple for its dominant App Store in coming weeks, according to reports in The Wall Street Journal, Politico and elsewhere.</p><p>Social media platforms -- in particular, Meta, Twitter, TikTok and YouTube -- have been identified as the scourge of politicians who are playing to popular sentiment for reining in digital-data collectors such as Meta and Amazon. Those two companies are prime targets of the Federal Trade Commission.</p><p>Congressional inaction was reflected earlier this week when a flustered Sen. Amy Klobuchar, a Minnesota Democrat who is author of a bill to tamp down the power of powerful digital platform landlords like Apple and Facebook, claimed an &#34;incredible onslaught of money&#34; has been an obstacle to passing the legislation.</p><p>&#34;What has slowed us down is the incredible onslaught of money, and that&#39;s what happens with monopolies,&#34; Klobuchar, author of the American Innovation and Choice Online Act, said Tuesday at the Code Conference in Los Angeles. &#34;The senators are talking about it, about the ads running in each state.&#34;</p><p>Organizations funded by the technology industry have plowed more than $200 million on political ads and other lobbying efforts since the beginning of 2021, according to ad-tracking service AdImpact and others.</p><p>Klobuchar, who has written a book on antitrust reform and chaired the Senate Judiciary Committee&#39;s hearings on anticompetitive business practices for more than a year, has furiously pushed for a full Senate vote on her landmark bill as time melts with each passing day in the current legislative session. [The White House said Thursday it was encouraged to see bipartisan interest in Congress to adopt antitrust legislation to address the power of major U.S. tech companies.]</p><p>But absent any of the major principal companies in attendance, reporters pressed White House spokeswoman Karine Jean-Pierreon the participation of Mozilla CEO Mitchell Baker and Sonos CEO Patrick Spence to represent the views of the tech industry.</p><p>Sonos and Google are locked in a series of lawsuits against one another over speaker technology since 2020. Sonos called two suits filed last month by Google an &#34;intimidation tactic&#34; intended to &#34;retaliate against Sonos for speaking out against Google&#39;s monopolistic practices&#34; of royalty payments.</p><p>Nonprofit Mozilla, whose Firefox web browser competes with the likes of Google, has repeatedly clashed with Big Tech. On Friday, the company&#39;s chief security officer, Marshall Erwin, urged federal regulators to crack down on internet giants and browser makers that don&#39;t protect users&#39; privacy.</p><p>&#34;Privacy online is a mess, consumers are stuck in this vicious cycle in which their data is collected, often without their understanding, and then used to manipulate them,&#34; Erwin said during an FTC forum on commercial surveillance and data security.</p><p>&#34;The way that we see the roundtable today, it is, again, the largest roundtable that we have seen from this administration to deal with tech,&#34; Jean-Pierresaid. &#34;What you should take out from today, or take away from today, is that, you know, the president&#39;s going to and has long called for fundamental legislative reforms to address real issues. And so we&#39;re going to continue to do that.&#34;</p><p>The elusive reply came a day before Biden met in Ohio with Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> CEO Pat Gelsinger at a groundbreaking ceremony for Intel&#39;s new $20 billion semiconductor manufacturing facility weeks after Congress passed the $280 billion Chips and Science Act in July.</p><p>&#34;The future of the chip industry is going to be made in America,&#34; Biden said at the event, a White House pre-midterms push to tout new funding for manufacturing and infrastructure. &#34;The industrial <a href=\"https://laohu8.com/S/MDWT\">Midwest</a> is back.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4516":"特朗普概念","BOLT":"Bolt Biotherapeutics, Inc.","BK4539":"次新股","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","BK4553":"喜马拉雅资本持仓","TWTR":"Twitter","BK4191":"家用电器","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4139":"生物科技","BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4525":"远程办公概念","BK4566":"资本集团","BK4575":"芯片概念","UBER":"优步","BK4536":"外卖概念","BK4524":"宅经济概念","BK4535":"淡马锡持仓","CRCT":"Cricut, Inc.","TERN":"Terns Pharmaceuticals, Inc.","BK4527":"明星科技股","BK4559":"巴菲特持仓","BK4501":"段永平概念","SONO":"搜诺思公司","BK4538":"云计算","BK4077":"互动媒体与服务","BK4550":"红杉资本持仓","AMZN":"亚马逊","BK4141":"半导体产品","INTC":"英特尔","GOOG":"谷歌","BK4122":"互联网与直销零售","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4574":"无人驾驶","BK4022":"陆运","BK4573":"虚拟现实","GOOGL":"谷歌A","BK4078":"消费电子产品","BK4512":"苹果概念","BK4548":"巴美列捷福持仓","BK4514":"搜索引擎","BK4170":"电脑硬件、储存设备及电脑周边","BK4529":"IDC概念","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266804526","content_text":"President Joe Biden's administration issued a checklist of actions needed to reign in Big Tech on Thursday, after a roundtable \"listening session\" on issues within the technology industry.But administration officials were not \"listening\" to the companies that are the targets of many of the desired actions -- Google parent Alphabet Inc. $(GOOGL)$(GOOGL), Amazon.com Inc. $(AMZN)$, Apple Inc. $(AAPL)$and Facebook parent company Meta Platforms Inc. $(META.UK)$ The only representatives of the tech industry in attendance were the chief executives of Mozilla Corp. and Sonos Inc. $(SONO)$\"The rise of tech platforms has introduced new and difficult challenges, from the tragic acts of violence linked to toxic online cultures, to deteriorating mental health and well-being, to basic rights of Americans and communities worldwide suffering from the rise of tech platforms big and small,\" the White House said in a statement after convening 16 experts -- most of them administration employees -- to discuss technology.None of the Big Tech companies replied to request for comment on the listening session, but people familiar with the thinking at two of the companies weren't entirely surprised. They noted increased actions by the administration to hold social-media companies and purveyors of large digital platforms more accountable with the chances of a Senate vote seemingly dwindling by the hour.Industry analysts, however, expressed disappointment at an exclusive, private meeting that recommended punitive actions against the industry's biggest players without offering a seat at the table. The most controversial reform mentioned on the administration's list called for \"the removal of special protections for large tech platforms,\" including changing Section 230 of the Communications Decency Act. The section generally provides website platforms immunity from third-party content.\"Section 230 provides critical protections for platforms of all sizes to moderate content and take down harmful posts, and our research confirms these protections are most important for smaller sites,\" Chamber of Progress CEO Adam Kovacevich said. The trade group is funded by Amazon, Meta, Google, Apple, Twitter Inc. (TWTR), Uber Technologies Inc. $(UBER)$ and others.Six broad goals listed by the White House mirror legislation slowly wending its way through Congress, the latest indication of a growing crackdown by the White House on high tech's influence while legislation wallows in the Senate and House. The Justice Department is expected to file antitrust lawsuits against Google for its online-ad business and Apple for its dominant App Store in coming weeks, according to reports in The Wall Street Journal, Politico and elsewhere.Social media platforms -- in particular, Meta, Twitter, TikTok and YouTube -- have been identified as the scourge of politicians who are playing to popular sentiment for reining in digital-data collectors such as Meta and Amazon. Those two companies are prime targets of the Federal Trade Commission.Congressional inaction was reflected earlier this week when a flustered Sen. Amy Klobuchar, a Minnesota Democrat who is author of a bill to tamp down the power of powerful digital platform landlords like Apple and Facebook, claimed an \"incredible onslaught of money\" has been an obstacle to passing the legislation.\"What has slowed us down is the incredible onslaught of money, and that's what happens with monopolies,\" Klobuchar, author of the American Innovation and Choice Online Act, said Tuesday at the Code Conference in Los Angeles. \"The senators are talking about it, about the ads running in each state.\"Organizations funded by the technology industry have plowed more than $200 million on political ads and other lobbying efforts since the beginning of 2021, according to ad-tracking service AdImpact and others.Klobuchar, who has written a book on antitrust reform and chaired the Senate Judiciary Committee's hearings on anticompetitive business practices for more than a year, has furiously pushed for a full Senate vote on her landmark bill as time melts with each passing day in the current legislative session. [The White House said Thursday it was encouraged to see bipartisan interest in Congress to adopt antitrust legislation to address the power of major U.S. tech companies.]But absent any of the major principal companies in attendance, reporters pressed White House spokeswoman Karine Jean-Pierreon the participation of Mozilla CEO Mitchell Baker and Sonos CEO Patrick Spence to represent the views of the tech industry.Sonos and Google are locked in a series of lawsuits against one another over speaker technology since 2020. Sonos called two suits filed last month by Google an \"intimidation tactic\" intended to \"retaliate against Sonos for speaking out against Google's monopolistic practices\" of royalty payments.Nonprofit Mozilla, whose Firefox web browser competes with the likes of Google, has repeatedly clashed with Big Tech. On Friday, the company's chief security officer, Marshall Erwin, urged federal regulators to crack down on internet giants and browser makers that don't protect users' privacy.\"Privacy online is a mess, consumers are stuck in this vicious cycle in which their data is collected, often without their understanding, and then used to manipulate them,\" Erwin said during an FTC forum on commercial surveillance and data security.\"The way that we see the roundtable today, it is, again, the largest roundtable that we have seen from this administration to deal with tech,\" Jean-Pierresaid. \"What you should take out from today, or take away from today, is that, you know, the president's going to and has long called for fundamental legislative reforms to address real issues. And so we're going to continue to do that.\"The elusive reply came a day before Biden met in Ohio with Intel Corp. $(INTC)$ CEO Pat Gelsinger at a groundbreaking ceremony for Intel's new $20 billion semiconductor manufacturing facility weeks after Congress passed the $280 billion Chips and Science Act in July.\"The future of the chip industry is going to be made in America,\" Biden said at the event, a White House pre-midterms push to tout new funding for manufacturing and infrastructure. \"The industrial Midwest is back.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932519812,"gmtCreate":1662954191536,"gmtModify":1676537170960,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932519812","repostId":"1197211003","repostType":4,"repost":{"id":"1197211003","pubTimestamp":1662953538,"share":"https://ttm.financial/m/news/1197211003?lang=&edition=fundamental","pubTime":"2022-09-12 11:32","market":"us","language":"en","title":"ARK Innovation ETF: The Plot Thins","url":"https://stock-news.laohu8.com/highlight/detail?id=1197211003","media":"Seeking Alpha","summary":"SummaryARKK isn't a conventional portfolio by any standard. It's a collection of high-risk stocks wi","content":"<html><head></head><body><h3>Summary</h3><ul><li>ARKK isn&#39;t a conventional portfolio by any standard. It&#39;s a collection of high-risk stocks with little or no profitability, and a stain on the thematic investing approach, in my opinion.</li><li>Cathie Wood&#39;s status as 2020&#39;s stock picker of the year looks less impressive after considering unprofitable stocks gained 80% that year.</li><li>This article demonstrates that non-profitable stocks have years like 2020 on a regular basis, approximately once ever 5-7 years. They also rarely outperform in consecutive years.</li><li>Investors are much better off with the highly profitable QQQ. 40 years of data suggests this approach is preferable even if your time horizon is only two years long.</li><li>Technical analysis isn&#39;t helpful with a high turnover ETF like ARKK either. Take any analysis that doesn&#39;t consider holdings changes over time with a grain of salt.</li></ul><h3>Investment Thesis</h3><p>Fearless investors love chasing huge returns, and there is no better example than Cathie Wood, CEO at ARK Invest. The outstanding performance of her flagship fund, the ARK Innovation ETF (NYSEARCA:ARKK), earned her the title of Bloomberg&#39;s Stock Picker of the Year in 2020. Unfortunately, ARKK&#39;s price has collapsed spectacularly, underperforming the SPDR S&amp;P 500 ETF (SPY) by 40% YTD, and now trades near March 2020 levels. While Wood continues to collect hefty management fees, I sincerely doubt shareholders enjoy paying them.</p><p>And so the plot thins.</p><p>I write this because it&#39;s not difficult to see what&#39;s happening. Most ARKK holdings share four features: high growth potential, high valuations, high volatility, and poor profitability. These speculative stocks have the odd outstanding year that 40 years of data confirms. However, until now, they weren&#39;t expertly wrapped up under the guise of thematic investing. I think ARKK eventually hit it big again, but that doesn&#39;t make it a good product. For me, the Invesco QQQ ETF (QQQ) is far superior, and I look forward to demonstrating why in this article.</p><h3>ARKK Snapshot</h3><p>To begin, I want to highlight the volatility, growth, and price returns for ARKK&#39;s top 25 holdings, which total 94.49%. I&#39;ve also included each company&#39;s Seeking Alpha Factor Grades and normalized them on a scale from 1-10.</p><p><img src=\"https://static.tigerbbs.com/b702d94a5c85e81e2408b75b16748560\" tg-width=\"640\" tg-height=\"483\" width=\"100%\" height=\"auto\"/>First, ARKK&#39;s holdings are typically much smaller. The weighted-average market capitalization is still $104 billion, but that&#39;s primarily due to Tesla (TSLA) and NVIDIA (NVDA). The median market capitalization is just $5.2 billion, so these are small-cap stocks for the most part.</p><p>ARKK&#39;s five-year beta is 1.50, meaning it&#39;s 50% more volatile than the broader market. However, several companies weren&#39;t trading five years ago, so this figure may be higher. ARKK and QQQ&#39;s two-year betas are 1.89 and 1.19, so generally, ARKK investors should prepare for nearly double the volatility.</p><p>Estimate sales growth over the next year is approximately double that of QQQ at 32.05%. To control for outliers like CRISPR Therapeutics (CRSP) and Beam Therapeutics (BEAM), I&#39;ve applied a 50% cap per security to arrive at the 32.05% figure. However, I don&#39;t think it matters much. ARKK holds fast-growing stocks in spades, and it&#39;s a question of valuation. The price returns over the last one and three years help illustrate how difficult that question is to answer. Constituents are down a weighted-average 58.11% over the previous year but are up 262.99% over the last three years. A closer look reveals Tesla drove most of these returns since the median three-year return for the remaining constituents is a loss of 21.25%.</p><p>Finally, Seeking Alpha&#39;s Factor Grades reveal ARKK is slightly better than QQQ on value and growth but comes up short on momentum and has a disastrous 5.76 / 10 Profitability Score. Among the over 800 U.S. Equity ETFs I track, this score places ARKK in the bottom 10%. Other ARK ETFs (ARKF, ARKW, IZRL, ARKQ, ARKX, ARKG) have Profitability Scores ranging from 4.64 to 6.21, which pale in comparison to QQQ&#39;s 9.70.</p><h3>Valuation: Where To Begin?</h3><p>You may have noticed that the earlier table didn&#39;t include any valuation metrics. The reason is that most holdings have negative earnings and, in many cases, negative operating cash flow. Instead, consider these statistics for ARKK&#39;s 34 holdings:</p><ul><li>19 have negative operational cash flow (44.37% total weight)</li><li>28 reported negative earnings per share last quarter (74.30% total weight)</li><li>27 have negative 1Y return on total capital margins (72.41% total weight)</li><li>11 missed analyst earnings per share estimates (29.40% total weight)</li><li>12 missed analyst sales per share estimates (37.08% total weight)</li></ul><p>These statistics mean the valuation metrics provided on sites like Morningstar aren&#39;t helpful. Excluded are stocks with negative earnings and cash flows, suggesting a cheaply-valued ETF. This isn&#39;t an issue with QQQ, as only two holdings (0.46% total weight) have negative operating cash flow, and ten have a negative return on total capital margin (2.34% total weight).</p><h3><img src=\"https://static.tigerbbs.com/e71d1bcbbdf6edb67b8280969e755a9a\" tg-width=\"616\" tg-height=\"411\" width=\"100%\" height=\"auto\"/>ARKK Performance</h3><p>ARKK has had two incredibly successful years since its October 2014 launch. In 2017, it gained 87.34% compared to 32.66% and 21.70% for QQQ and SPY, and in 2020, it outperformed these benchmarks by 104.42% and 134.45%. However, ARKK lagged QQQ by 50.80% and 30.63% in 2021 and 2022 YTD.</p><p><img src=\"https://static.tigerbbs.com/eb7c9a8477da916b53b4aa502f57de6d\" tg-width=\"640\" tg-height=\"336\" width=\"100%\" height=\"auto\"/>For long-term shareholders, annualized returns were still strong since inception (11.12%) but well behind QQQ&#39;s 15.65% per year gains with much higher volatility.</p><p><img src=\"https://static.tigerbbs.com/b723dac4786634dbc75fe0525c3d80f0\" tg-width=\"640\" tg-height=\"305\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/b723dac4786634dbc75fe0525c3d80f0\" tg-width=\"640\" tg-height=\"305\" width=\"100%\" height=\"auto\"/>This chart suggests that with ARKK, you have to know when to sell. While the ETF itself doesn&#39;t have much history to go by, the prudent move looks to be selling after a year of extraordinary gains.</p><h3>Non-Profitable vs. Profitable Stocks</h3><p>Based on the earlier metrics showing ARKK holding primarily non-profitable stocks, readers may find how these stocks performed historically helpful. Absent sufficient history for ARKK, we can turn to portfolio results formed by operating profitability from the Kenneth French Data Library. Here is how equal-weighted portfolios of non-profitable and profitable stocks performed alongside ARKK and QQQ from January 2015 to July 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/909a6801519d916730c18e0c7082d8cb\" tg-width=\"640\" tg-height=\"483\" width=\"100%\" height=\"auto\"/><span>Chart Source: The Sunday Investor; Data Source: Kenneth French Data Library, Portfolio Visualizer</span></p><p>In my view, ARKK has become a more extreme version of the non-profitable portfolio in recent years. The following chart illustrates this by comparing ARKK and QQQ&#39;s annual return differences with the non-profitable and profitable portfolio return differences.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/45e2db332e1aa10cd0b9bbd72ecd852b\" tg-width=\"640\" tg-height=\"481\" width=\"100%\" height=\"auto\"/><span>Chart Source: The Sunday Investor; Data Source: Kenneth French Data Library, Portfolio Visualizer</span></p><p>Except for 2018, ARKK outperformed whenever non-profitable stocks outperformed, and vice versa. 2017 was an anomaly, but that was a year when the price of Bitcoin jumped by 1,338%. The ETF&#39;s annual report noted how the portfolio benefited tremendously from its position in GBTC.</p><blockquote>The top contributor to the Fund’s performance was The Bitcoin Investment Trust (OTC:GBTC), an investment trust backed by bitcoin. The cryptocurrency market moved into an exponential growth phase starting in April 2017, as bitcoins acceptance improved across the globe with Japan’s approval of bitcoin as a legal form of payment.</blockquote><p>Here is a history of the two equal-weighted portfolios dating back to 1985. The non-profitable portfolio (blue bars) consistently underperforms after a year of extraordinary gains, and ARKK&#39;s performance in 2021-2022 follows this pattern well.</p><p><img src=\"https://static.tigerbbs.com/bd7f53ed2338b3b18cf53283b996d4af\" tg-width=\"640\" tg-height=\"481\" width=\"100%\" height=\"auto\"/></p><p>Here are some interesting statistics you may find interesting:</p><ul><li>The non-profitable portfolio did better on average (15.89% vs. 15.52%)</li><li>However, two-year rolling average returns lagged (12.12% vs. 13.78%)</li><li>Three-year rolling average returns lagged more (10.21% vs. 13.45%)</li><li>Five-year rolling average returns lagged even more (9.59% vs. 13.41%)</li></ul><p>These statistics support the importance of cashing out quickly after a year of significant gains. The odds of you coming out ahead of the much safer profitable portfolio, which QQQ is an excellent proxy for, are low.</p><h3>Can Technical Analysis Help?</h3><p>I don&#39;t think so, primarily because ARKK has a high portfolio turnover. From 2016-2021, turnover rates were 110%, 70%, 89%, 80%, 80%, and 71%, according to the last annual report. These figures indicate that each year, ARKK&#39;s holdings are very different. To use the previous example, why would an analyst consider ARKK&#39;s price chart from 2017 when Bitcoin was the primary reason the ETF outperformed? GBTC isn&#39;t held by ARKK anymore, nor are 80% of the holdings from that year.</p><p>ARKK derives its value from its underlying holdings. It benefits when stocks like Tesla gain, and the ETF doesn&#39;t trade at any significant premium or discount to NAV because of its structure. Analysts can still perform technical analysis on the current portfolio, assuming it remains relatively stable and appropriate rebalancing is applied. However, I&#39;ve yet to see that done with ARKK.</p><p>Technical analysis has merits, but analysts should apply it on individual stocks or passive Index ETFs with low portfolio turnover. SPY and QQQ are two good examples, with 2% and 9% turnover rates, respectively. With these ETFs, we have reasonable assurance that the holdings today are similar to what they were over the measurement periods. Therefore, analysts can make more accurate predictions about future price movements.</p><h3>Investment Recommendation</h3><p>ARKK&#39;s returns align with how non-profitable portfolios have performed for almost 40 years, possibly longer. The difference today is that Cathie Wood has expertly packaged these non-profitable, highly volatile stocks into an easy-to-trade product. Bitcoin drove its gains in 2017, pandemic stocks defined 2020, and had ARKK launched in 2009, when non-profitable stocks outperformed by 81%, Wood&#39;s flagship fund likely would have at least doubled in value.</p><p>It&#39;s only a matter of time before ARKK hits it big again. It could be this year or five years from now, and it won&#39;t make much sense to fundamental investors. However, a better strategy is to stick with highly profitable stocks in a low-cost ETF like QQQ. Historical data indicates that such an approach is preferable even for those with time horizons as short as two years.</p><p>Remember that extraordinary gains for non-profitable stocks are regular occurrences every 5-7 years. ARKK&#39;s rise and fall was bound to happen, and if you happen to hit it big, I suggest cashing out quickly. That&#39;s not my style, and since I don&#39;t yet see a catalyst for a huge risk-on environment, I&#39;m rating ARKK as a sell today. Thanks for reading, and I look forward to discussing further in the comments section below.</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>ARK Innovation ETF: The Plot Thins</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\">\nARK Innovation ETF: The Plot Thins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-12 11:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4540234-ark-innovation-etf-plot-thins><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryARKK isn't a conventional portfolio by any standard. It's a collection of high-risk stocks with little or no profitability, and a stain on the thematic investing approach, in my opinion.Cathie ...</p>\n\n<a href=\"https://seekingalpha.com/article/4540234-ark-innovation-etf-plot-thins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/article/4540234-ark-innovation-etf-plot-thins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197211003","content_text":"SummaryARKK isn't a conventional portfolio by any standard. It's a collection of high-risk stocks with little or no profitability, and a stain on the thematic investing approach, in my opinion.Cathie Wood's status as 2020's stock picker of the year looks less impressive after considering unprofitable stocks gained 80% that year.This article demonstrates that non-profitable stocks have years like 2020 on a regular basis, approximately once ever 5-7 years. They also rarely outperform in consecutive years.Investors are much better off with the highly profitable QQQ. 40 years of data suggests this approach is preferable even if your time horizon is only two years long.Technical analysis isn't helpful with a high turnover ETF like ARKK either. Take any analysis that doesn't consider holdings changes over time with a grain of salt.Investment ThesisFearless investors love chasing huge returns, and there is no better example than Cathie Wood, CEO at ARK Invest. The outstanding performance of her flagship fund, the ARK Innovation ETF (NYSEARCA:ARKK), earned her the title of Bloomberg's Stock Picker of the Year in 2020. Unfortunately, ARKK's price has collapsed spectacularly, underperforming the SPDR S&P 500 ETF (SPY) by 40% YTD, and now trades near March 2020 levels. While Wood continues to collect hefty management fees, I sincerely doubt shareholders enjoy paying them.And so the plot thins.I write this because it's not difficult to see what's happening. Most ARKK holdings share four features: high growth potential, high valuations, high volatility, and poor profitability. These speculative stocks have the odd outstanding year that 40 years of data confirms. However, until now, they weren't expertly wrapped up under the guise of thematic investing. I think ARKK eventually hit it big again, but that doesn't make it a good product. For me, the Invesco QQQ ETF (QQQ) is far superior, and I look forward to demonstrating why in this article.ARKK SnapshotTo begin, I want to highlight the volatility, growth, and price returns for ARKK's top 25 holdings, which total 94.49%. I've also included each company's Seeking Alpha Factor Grades and normalized them on a scale from 1-10.First, ARKK's holdings are typically much smaller. The weighted-average market capitalization is still $104 billion, but that's primarily due to Tesla (TSLA) and NVIDIA (NVDA). The median market capitalization is just $5.2 billion, so these are small-cap stocks for the most part.ARKK's five-year beta is 1.50, meaning it's 50% more volatile than the broader market. However, several companies weren't trading five years ago, so this figure may be higher. ARKK and QQQ's two-year betas are 1.89 and 1.19, so generally, ARKK investors should prepare for nearly double the volatility.Estimate sales growth over the next year is approximately double that of QQQ at 32.05%. To control for outliers like CRISPR Therapeutics (CRSP) and Beam Therapeutics (BEAM), I've applied a 50% cap per security to arrive at the 32.05% figure. However, I don't think it matters much. ARKK holds fast-growing stocks in spades, and it's a question of valuation. The price returns over the last one and three years help illustrate how difficult that question is to answer. Constituents are down a weighted-average 58.11% over the previous year but are up 262.99% over the last three years. A closer look reveals Tesla drove most of these returns since the median three-year return for the remaining constituents is a loss of 21.25%.Finally, Seeking Alpha's Factor Grades reveal ARKK is slightly better than QQQ on value and growth but comes up short on momentum and has a disastrous 5.76 / 10 Profitability Score. Among the over 800 U.S. Equity ETFs I track, this score places ARKK in the bottom 10%. Other ARK ETFs (ARKF, ARKW, IZRL, ARKQ, ARKX, ARKG) have Profitability Scores ranging from 4.64 to 6.21, which pale in comparison to QQQ's 9.70.Valuation: Where To Begin?You may have noticed that the earlier table didn't include any valuation metrics. The reason is that most holdings have negative earnings and, in many cases, negative operating cash flow. Instead, consider these statistics for ARKK's 34 holdings:19 have negative operational cash flow (44.37% total weight)28 reported negative earnings per share last quarter (74.30% total weight)27 have negative 1Y return on total capital margins (72.41% total weight)11 missed analyst earnings per share estimates (29.40% total weight)12 missed analyst sales per share estimates (37.08% total weight)These statistics mean the valuation metrics provided on sites like Morningstar aren't helpful. Excluded are stocks with negative earnings and cash flows, suggesting a cheaply-valued ETF. This isn't an issue with QQQ, as only two holdings (0.46% total weight) have negative operating cash flow, and ten have a negative return on total capital margin (2.34% total weight).ARKK PerformanceARKK has had two incredibly successful years since its October 2014 launch. In 2017, it gained 87.34% compared to 32.66% and 21.70% for QQQ and SPY, and in 2020, it outperformed these benchmarks by 104.42% and 134.45%. However, ARKK lagged QQQ by 50.80% and 30.63% in 2021 and 2022 YTD.For long-term shareholders, annualized returns were still strong since inception (11.12%) but well behind QQQ's 15.65% per year gains with much higher volatility.This chart suggests that with ARKK, you have to know when to sell. While the ETF itself doesn't have much history to go by, the prudent move looks to be selling after a year of extraordinary gains.Non-Profitable vs. Profitable StocksBased on the earlier metrics showing ARKK holding primarily non-profitable stocks, readers may find how these stocks performed historically helpful. Absent sufficient history for ARKK, we can turn to portfolio results formed by operating profitability from the Kenneth French Data Library. Here is how equal-weighted portfolios of non-profitable and profitable stocks performed alongside ARKK and QQQ from January 2015 to July 2022.Chart Source: The Sunday Investor; Data Source: Kenneth French Data Library, Portfolio VisualizerIn my view, ARKK has become a more extreme version of the non-profitable portfolio in recent years. The following chart illustrates this by comparing ARKK and QQQ's annual return differences with the non-profitable and profitable portfolio return differences.Chart Source: The Sunday Investor; Data Source: Kenneth French Data Library, Portfolio VisualizerExcept for 2018, ARKK outperformed whenever non-profitable stocks outperformed, and vice versa. 2017 was an anomaly, but that was a year when the price of Bitcoin jumped by 1,338%. The ETF's annual report noted how the portfolio benefited tremendously from its position in GBTC.The top contributor to the Fund’s performance was The Bitcoin Investment Trust (OTC:GBTC), an investment trust backed by bitcoin. The cryptocurrency market moved into an exponential growth phase starting in April 2017, as bitcoins acceptance improved across the globe with Japan’s approval of bitcoin as a legal form of payment.Here is a history of the two equal-weighted portfolios dating back to 1985. The non-profitable portfolio (blue bars) consistently underperforms after a year of extraordinary gains, and ARKK's performance in 2021-2022 follows this pattern well.Here are some interesting statistics you may find interesting:The non-profitable portfolio did better on average (15.89% vs. 15.52%)However, two-year rolling average returns lagged (12.12% vs. 13.78%)Three-year rolling average returns lagged more (10.21% vs. 13.45%)Five-year rolling average returns lagged even more (9.59% vs. 13.41%)These statistics support the importance of cashing out quickly after a year of significant gains. The odds of you coming out ahead of the much safer profitable portfolio, which QQQ is an excellent proxy for, are low.Can Technical Analysis Help?I don't think so, primarily because ARKK has a high portfolio turnover. From 2016-2021, turnover rates were 110%, 70%, 89%, 80%, 80%, and 71%, according to the last annual report. These figures indicate that each year, ARKK's holdings are very different. To use the previous example, why would an analyst consider ARKK's price chart from 2017 when Bitcoin was the primary reason the ETF outperformed? GBTC isn't held by ARKK anymore, nor are 80% of the holdings from that year.ARKK derives its value from its underlying holdings. It benefits when stocks like Tesla gain, and the ETF doesn't trade at any significant premium or discount to NAV because of its structure. Analysts can still perform technical analysis on the current portfolio, assuming it remains relatively stable and appropriate rebalancing is applied. However, I've yet to see that done with ARKK.Technical analysis has merits, but analysts should apply it on individual stocks or passive Index ETFs with low portfolio turnover. SPY and QQQ are two good examples, with 2% and 9% turnover rates, respectively. With these ETFs, we have reasonable assurance that the holdings today are similar to what they were over the measurement periods. Therefore, analysts can make more accurate predictions about future price movements.Investment RecommendationARKK's returns align with how non-profitable portfolios have performed for almost 40 years, possibly longer. The difference today is that Cathie Wood has expertly packaged these non-profitable, highly volatile stocks into an easy-to-trade product. Bitcoin drove its gains in 2017, pandemic stocks defined 2020, and had ARKK launched in 2009, when non-profitable stocks outperformed by 81%, Wood's flagship fund likely would have at least doubled in value.It's only a matter of time before ARKK hits it big again. It could be this year or five years from now, and it won't make much sense to fundamental investors. However, a better strategy is to stick with highly profitable stocks in a low-cost ETF like QQQ. Historical data indicates that such an approach is preferable even for those with time horizons as short as two years.Remember that extraordinary gains for non-profitable stocks are regular occurrences every 5-7 years. ARKK's rise and fall was bound to happen, and if you happen to hit it big, I suggest cashing out quickly. That's not my style, and since I don't yet see a catalyst for a huge risk-on environment, I'm rating ARKK as a sell today. Thanks for reading, and I look forward to discussing further in the comments section below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932391907,"gmtCreate":1662870446709,"gmtModify":1676537155218,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9932391907","repostId":"2266817381","repostType":4,"repost":{"id":"2266817381","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":1662861434,"share":"https://ttm.financial/m/news/2266817381?lang=&edition=fundamental","pubTime":"2022-09-11 09:57","market":"us","language":"en","title":"How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2266817381","media":"Dow Jones","summary":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"</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\">\nHow a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-11 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BK4581":"高盛持仓","OXY":"西方石油","BRK.B":"伯克希尔B","BK4201":"综合性石油与天然气企业","BK4534":"瑞士信贷持仓","BK4176":"多领域控股","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266817381","content_text":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.Two years later, the company has emerged as the top performer in the S&P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERSMs. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNALBut she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGESEvery day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERSAs the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.In 2020, she traveled to Omaha to discuss Occidental's long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company's goal to become a leader in carbon capture, this person said.Occidental says it has no plans to stop producing oil but also aims to be a leader in \"carbon management.\" It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.Then, in late February of this year, Russia invaded Ukraine.The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&P Capital IQ.The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.As Occidental's stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor's two representatives on Occidental's board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.Mr. Icahn said that Mr. Buffett's investment could be ill-timed. \"I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,\" he said. \"I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,\" he said.Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.Mr. Icahn's retort: \"She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936239893,"gmtCreate":1662772090113,"gmtModify":1676537136992,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936239893","repostId":"1135709598","repostType":4,"repost":{"id":"1135709598","pubTimestamp":1662767710,"share":"https://ttm.financial/m/news/1135709598?lang=&edition=fundamental","pubTime":"2022-09-10 07:55","market":"sg","language":"en","title":"SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1135709598","media":"smart investor","summary":"Welcome to the latest edition of top stock highlights where we write on the latest business news and","content":"<html><head></head><body><p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.</p><h2><b>Singapore bank deposit rates</b></h2><p>Along with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.</p><p>Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.</p><p>At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.</p><p><b>United Overseas Bank Ltd</b>(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.</p><p>However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.</p><p><b>OCBC Ltd</b>(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.</p><p><b>DBS Group</b>(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.</p><p>Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.</p><h2><b>Nio Inc (SGX: NIO)</b></h2><p>Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&amp;D centre located in Shanghai.</p><p>The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).</p><p>Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.</p><p>For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.</p><p>Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.</p><p>Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.</p><p>Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.</p><p>Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.</p><p>As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.</p><p>Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.</p><p>For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings</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{ 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#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\">\nSGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 07:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","STI.SI":"富时新加坡海峡指数","O39.SI":"华侨银行","D05.SI":"星展集团控股","U11.SI":"大华银行"},"source_url":"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135709598","content_text":"Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.United Overseas Bank Ltd(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.OCBC Ltd(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.DBS Group(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.Nio Inc (SGX: NIO)Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&D centre located in Shanghai.The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936230402,"gmtCreate":1662772030906,"gmtModify":1676537136975,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936230402","repostId":"1135709598","repostType":4,"repost":{"id":"1135709598","pubTimestamp":1662767710,"share":"https://ttm.financial/m/news/1135709598?lang=&edition=fundamental","pubTime":"2022-09-10 07:55","market":"sg","language":"en","title":"SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1135709598","media":"smart investor","summary":"Welcome to the latest edition of top stock highlights where we write on the latest business news and","content":"<html><head></head><body><p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.</p><h2><b>Singapore bank deposit rates</b></h2><p>Along with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.</p><p>Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.</p><p>At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.</p><p><b>United Overseas Bank Ltd</b>(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.</p><p>However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.</p><p><b>OCBC Ltd</b>(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.</p><p><b>DBS Group</b>(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.</p><p>Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.</p><h2><b>Nio Inc (SGX: NIO)</b></h2><p>Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&amp;D centre located in Shanghai.</p><p>The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).</p><p>Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.</p><p>For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.</p><p>Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.</p><p>Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.</p><p>Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.</p><p>Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.</p><p>As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.</p><p>Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.</p><p>For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings</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\">\nSGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 07:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","STI.SI":"富时新加坡海峡指数","O39.SI":"华侨银行","D05.SI":"星展集团控股","U11.SI":"大华银行"},"source_url":"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135709598","content_text":"Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.United Overseas Bank Ltd(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.OCBC Ltd(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.DBS Group(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.Nio Inc (SGX: NIO)Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&D centre located in Shanghai.The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936954661,"gmtCreate":1662695603953,"gmtModify":1676537121427,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936954661","repostId":"2266891182","repostType":4,"repost":{"id":"2266891182","pubTimestamp":1662694697,"share":"https://ttm.financial/m/news/2266891182?lang=&edition=fundamental","pubTime":"2022-09-09 11:38","market":"us","language":"en","title":"Can Lululemon Really Navigate Macro Headwinds?","url":"https://stock-news.laohu8.com/highlight/detail?id=2266891182","media":"Seeking Alpha","summary":"SummaryWell, well - another spectacular earnings report from LULU.Once again, LULU raises full-year ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Well, well - another spectacular earnings report from LULU.</li><li>Once again, LULU raises full-year guidance and gives investors more to look forward to.</li><li>Despite a challenging time for many retailers, LULU continues to impress.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2320640b2ca46b5b372d1c6c9c2ce456\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Robert Way</span></p><p>Once again, the athletic apparel company founded in Canada defies Wall Street&#39;s expectations and proves that macro headwinds aren&#39;t going to affect business. On September 1st, Lululemon (NASDAQ:LULU) reported second-quarter earnings and the stock soared ~6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b007b2f190b409a79d36440f63322723\" tg-width=\"1280\" tg-height=\"802\" width=\"100%\" height=\"auto\"/><span>LULU data by YCharts</span></p><p>It&#39;s safe to say LULU&#39;s results impressed the Street, and shareholders reaped the benefits.</p><p>In my first LULU article about a month ago, I placed a Strong Buy recommendation on the company for three core reasons.</p><ol><li>Power of Three Growth &amp; Established Business</li><li>Best-in-Class Financials &amp; Comp Sales</li><li>Share Buybacks</li></ol><p>Let&#39;s take a look at how LULU confirmed all three thesis points, and why I am reiterating my &#34;Strong Buy&#34; recommendation on this high-growth retailer.</p><p><b>Growth</b></p><p>To reiterate LULU&#39;s Power of Three X 2 growth strategy, the company expects to generate revenue of $12.5B by 2026, essentially doubling its business.</p><p>While that&#39;s all well and good, as the old saying goes:<i>talk is cheap</i>. Let&#39;s see if this target is actually realistic for LULU to achieve by 2026.</p><p>To put this into perspective, see LULU&#39;s historical revenue table below. Over the last 7 fiscal years, LULU has grown its revenue at a 20% CAGR.</p><p><img src=\"https://static.tigerbbs.com/4c90238258a7c0b3326aeb5baff43be0\" tg-width=\"901\" tg-height=\"217\" width=\"100%\" height=\"auto\"/></p><p>In the current fiscal year alone, LULU expects to generate $7.94B in revenue after adjusting its guidance from $7.71B. This implies an impressive 27% YoY growth rate. Thus, based on LULU&#39;s growth, the $12.5B revenue target is well within reach.</p><p>The reasoning behind this is that LULU would only need to grow revenue at 12% per year, assuming it hits its F&#39;22 revenue target of $7.97B. As a company in the early innings of growth that is rapidly expanding its international market share, LULU will likely hit its target by 2026, if not earlier.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63fd965151f53764356cd11612f5d52e\" tg-width=\"640\" tg-height=\"352\" width=\"100%\" height=\"auto\"/><span>Power of Three growth Strategy (Company Filings)</span></p><p>Focusing on three core categories to achieve this growth strategy, LULU&#39;s management team is confident the business will be able to generate robust growth despite macroeconomic challenges such as inflation, supply chain constraints, and tighter disposable incomes.</p><p>As depicted by the chart below, LULU continues to generate robust growth across all three pillars to achieve its aggressive growth target.</p><p><b>Three-Year CAGR Metrics</b></p><p><img src=\"https://static.tigerbbs.com/e1ab4c58c2cf78e3e444b673b7f7ff50\" tg-width=\"896\" tg-height=\"466\" width=\"100%\" height=\"auto\"/></p><p>LULU is also focused on growing its store count aggressively, specifically within international markets.</p><p>However, the company isn&#39;t solely reliant on new stores to generate top-line growth, with strong comparable sales metrics indicative of healthy product demand.</p><p>In the second quarter, LULU opened 21 net new stores, compared to 11 in Q1&#39;22 and 5 in Q2&#39;21. Further, they modestly increased total store count guidance from 70 to 75 for year-end.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/321d52450938ba0f3bf035a06d44fc6f\" tg-width=\"468\" tg-height=\"290\" width=\"100%\" height=\"auto\"/><span>Author Created (Company Filings)</span></p><p>CFO Meghan Frank commented on the 600 store count milestone:</p><blockquote>We ended the quarter with a total of<i>600 stores across the globe,</i>a milestone we are all extremely proud of. Square footage increased 19% versus last year, driven by the addition of 66 net new stores since Q2 of 2021. During the quarter, we opened 21 net new stores and completed six co-located optimizations.</blockquote><p>Additionally, LULU&#39;s revenue growth is attributed to both new guest acquisition<i>and</i>existing customers. This demonstrates LULU&#39;s brand loyalty and ability to increase its market share within the competitive apparel space.</p><blockquote>New guest acquisition remains strong with transactions by<i>first-time guests increasing over 20%</i>in quarter two. Transactions by existing guests increased in the high teens. Traffic across channels remains robust with store traffic up over 30% and e-commerce traffic increasing over 40%.</blockquote><p>Moving on to comparable sales (constant dollar basis), LULU continues to witness exceptional growth from its existing stores.</p><p><b>Lululemon Comparable Sales (last 4 Quarters)</b></p><p><img src=\"https://static.tigerbbs.com/d451205b7f71e5754b4235b2a56e8618\" tg-width=\"898\" tg-height=\"135\" width=\"100%\" height=\"auto\"/></p><p>Further, LULU&#39;s growth appears to be solely organic, without reliance on markdowns or promotional activities to increase foot traffic.</p><blockquote>And our markdown activity is in line with past penetrations 2019 pre-pandemic. And it really is -- our momentum is driven through the pillars of growth and innovation of our product. So the positioning around unique innovative products through our core is resonating with our guests and our markdown behavior has not changed with no plans to change and the quarter&#39;s results were driven by full price selling prices.</blockquote><p>Best-In-Class Financials</p><p>Ending the quarter with 57% gross margins and 16% net margins, LULU continues to dominate its financial benchmarks relative to its athletic apparel peers.</p><p>As mentioned in my first LULU piece, its peer group is identified as the following: NIKE (NKE), Under Armour (UAA), and Columbia Sportswear (COLM).</p><p><b>Lulu Compared to Peers (Second-Quarter)</b></p><p><img src=\"https://static.tigerbbs.com/f1ccf199a72e3ee58f874da670564a80\" tg-width=\"903\" tg-height=\"337\" width=\"100%\" height=\"auto\"/></p><p>The chart depicted above portrays LULU&#39;s dominant financial metrics relative to its peer group and ability to remain a top dog in spite of macro headwinds.</p><p>As a premium athletic apparel retailer, customers are keeping space in their wallets for LULU, proving high brand loyalty from customers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a63d3c0ff10c3e9978557131565c9bb0\" tg-width=\"1280\" tg-height=\"994\" width=\"100%\" height=\"auto\"/><span>LULU Revenue Growth Estimate for Current Fiscal Year data by YCharts</span></p><p>While the company does trade at a higher valuation than its peer group, its superior growth rates justify its higher multiple.</p><p>And lastly, as exceptional capital allocaters focused on accretion, LULU&#39;s buybacks will continue to bolster EPS and create further shareholder value.</p><p><b>Share Buybacks</b></p><p>LULU is committed to buying back shares as a form of capital allocation. In F&#39;21, LULU allocated over $800M to repurchases, buying back 2.2 million shares.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54981c66a46d141eb52cd69edabb0fa2\" tg-width=\"561\" tg-height=\"284\" width=\"100%\" height=\"auto\"/><span>Author Created (Total Share Count)</span></p><p>Over a longer-term horizon, it is clear LULU will continue buying back shares allowing existing investors to reap the rewards.</p><p>While there are controversies surrounding buybacks stating that companies don&#39;t have any reinvestment initiatives, this is not the case with LULU, which continues to reinvest into its product depth and core pillars.</p><p>LULU&#39;s EPS has been supercharged by the following two engines: reinvestment into growth and buybacks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/29e0f17e8f4478088df2251a5adfa26a\" tg-width=\"640\" tg-height=\"409\" width=\"100%\" height=\"auto\"/><span>Author Created (Company Filings)</span></p><p><b>Final Thoughts</b></p><p>All in all, I am reiterating my &#34;Strong Buy&#34; recommendation on LULU.</p><p>While one quarter is by no means sufficient enough to make an investment decision, I believe this quarter taught investors that LULU is here to stay and will be able to navigate macroeconomic challenges.</p><p>It is clear that LULU has cultivated a group of loyal customers within the athletic apparel industry that are willing to pay a premium. As it continues to expand its product depth and invest in its three core pillars, one can make the argument that despite its $42B market cap, there is plenty of growth ahead.</p><p>Thus, as one of my favorite retail stocks on the market, I believe shareholders will witness exceptional returns by owning LULU for the long term.</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>Can Lululemon Really Navigate Macro Headwinds?</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\">\nCan Lululemon Really Navigate Macro Headwinds?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-09 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4539701-can-lululemon-really-navigate-macro-headwinds><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWell, well - another spectacular earnings report from LULU.Once again, LULU raises full-year guidance and gives investors more to look forward to.Despite a challenging time for many retailers, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4539701-can-lululemon-really-navigate-macro-headwinds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica"},"source_url":"https://seekingalpha.com/article/4539701-can-lululemon-really-navigate-macro-headwinds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266891182","content_text":"SummaryWell, well - another spectacular earnings report from LULU.Once again, LULU raises full-year guidance and gives investors more to look forward to.Despite a challenging time for many retailers, LULU continues to impress.Robert WayOnce again, the athletic apparel company founded in Canada defies Wall Street's expectations and proves that macro headwinds aren't going to affect business. On September 1st, Lululemon (NASDAQ:LULU) reported second-quarter earnings and the stock soared ~6%.LULU data by YChartsIt's safe to say LULU's results impressed the Street, and shareholders reaped the benefits.In my first LULU article about a month ago, I placed a Strong Buy recommendation on the company for three core reasons.Power of Three Growth & Established BusinessBest-in-Class Financials & Comp SalesShare BuybacksLet's take a look at how LULU confirmed all three thesis points, and why I am reiterating my \"Strong Buy\" recommendation on this high-growth retailer.GrowthTo reiterate LULU's Power of Three X 2 growth strategy, the company expects to generate revenue of $12.5B by 2026, essentially doubling its business.While that's all well and good, as the old saying goes:talk is cheap. Let's see if this target is actually realistic for LULU to achieve by 2026.To put this into perspective, see LULU's historical revenue table below. Over the last 7 fiscal years, LULU has grown its revenue at a 20% CAGR.In the current fiscal year alone, LULU expects to generate $7.94B in revenue after adjusting its guidance from $7.71B. This implies an impressive 27% YoY growth rate. Thus, based on LULU's growth, the $12.5B revenue target is well within reach.The reasoning behind this is that LULU would only need to grow revenue at 12% per year, assuming it hits its F'22 revenue target of $7.97B. As a company in the early innings of growth that is rapidly expanding its international market share, LULU will likely hit its target by 2026, if not earlier.Power of Three growth Strategy (Company Filings)Focusing on three core categories to achieve this growth strategy, LULU's management team is confident the business will be able to generate robust growth despite macroeconomic challenges such as inflation, supply chain constraints, and tighter disposable incomes.As depicted by the chart below, LULU continues to generate robust growth across all three pillars to achieve its aggressive growth target.Three-Year CAGR MetricsLULU is also focused on growing its store count aggressively, specifically within international markets.However, the company isn't solely reliant on new stores to generate top-line growth, with strong comparable sales metrics indicative of healthy product demand.In the second quarter, LULU opened 21 net new stores, compared to 11 in Q1'22 and 5 in Q2'21. Further, they modestly increased total store count guidance from 70 to 75 for year-end.Author Created (Company Filings)CFO Meghan Frank commented on the 600 store count milestone:We ended the quarter with a total of600 stores across the globe,a milestone we are all extremely proud of. Square footage increased 19% versus last year, driven by the addition of 66 net new stores since Q2 of 2021. During the quarter, we opened 21 net new stores and completed six co-located optimizations.Additionally, LULU's revenue growth is attributed to both new guest acquisitionandexisting customers. This demonstrates LULU's brand loyalty and ability to increase its market share within the competitive apparel space.New guest acquisition remains strong with transactions byfirst-time guests increasing over 20%in quarter two. Transactions by existing guests increased in the high teens. Traffic across channels remains robust with store traffic up over 30% and e-commerce traffic increasing over 40%.Moving on to comparable sales (constant dollar basis), LULU continues to witness exceptional growth from its existing stores.Lululemon Comparable Sales (last 4 Quarters)Further, LULU's growth appears to be solely organic, without reliance on markdowns or promotional activities to increase foot traffic.And our markdown activity is in line with past penetrations 2019 pre-pandemic. And it really is -- our momentum is driven through the pillars of growth and innovation of our product. So the positioning around unique innovative products through our core is resonating with our guests and our markdown behavior has not changed with no plans to change and the quarter's results were driven by full price selling prices.Best-In-Class FinancialsEnding the quarter with 57% gross margins and 16% net margins, LULU continues to dominate its financial benchmarks relative to its athletic apparel peers.As mentioned in my first LULU piece, its peer group is identified as the following: NIKE (NKE), Under Armour (UAA), and Columbia Sportswear (COLM).Lulu Compared to Peers (Second-Quarter)The chart depicted above portrays LULU's dominant financial metrics relative to its peer group and ability to remain a top dog in spite of macro headwinds.As a premium athletic apparel retailer, customers are keeping space in their wallets for LULU, proving high brand loyalty from customers.LULU Revenue Growth Estimate for Current Fiscal Year data by YChartsWhile the company does trade at a higher valuation than its peer group, its superior growth rates justify its higher multiple.And lastly, as exceptional capital allocaters focused on accretion, LULU's buybacks will continue to bolster EPS and create further shareholder value.Share BuybacksLULU is committed to buying back shares as a form of capital allocation. In F'21, LULU allocated over $800M to repurchases, buying back 2.2 million shares.Author Created (Total Share Count)Over a longer-term horizon, it is clear LULU will continue buying back shares allowing existing investors to reap the rewards.While there are controversies surrounding buybacks stating that companies don't have any reinvestment initiatives, this is not the case with LULU, which continues to reinvest into its product depth and core pillars.LULU's EPS has been supercharged by the following two engines: reinvestment into growth and buybacks.Author Created (Company Filings)Final ThoughtsAll in all, I am reiterating my \"Strong Buy\" recommendation on LULU.While one quarter is by no means sufficient enough to make an investment decision, I believe this quarter taught investors that LULU is here to stay and will be able to navigate macroeconomic challenges.It is clear that LULU has cultivated a group of loyal customers within the athletic apparel industry that are willing to pay a premium. As it continues to expand its product depth and invest in its three core pillars, one can make the argument that despite its $42B market cap, there is plenty of growth ahead.Thus, as one of my favorite retail stocks on the market, I believe shareholders will witness exceptional returns by owning LULU for the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938604718,"gmtCreate":1662598370435,"gmtModify":1676537096609,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938604718","repostId":"1119363305","repostType":4,"repost":{"id":"1119363305","pubTimestamp":1662613739,"share":"https://ttm.financial/m/news/1119363305?lang=&edition=fundamental","pubTime":"2022-09-08 13:08","market":"us","language":"en","title":"Tim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once","url":"https://stock-news.laohu8.com/highlight/detail?id=1119363305","media":"MarketWatch","summary":"Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif.","content":"<html><head></head><body><p>Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphones</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/689ed65479a46375dcaf6fa32912c643\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Apple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif. GETTY IMAGES</span></p><p>Chief Executive Tim Cook didn’t show off “one more thing” on Wednesday, but he did have one new Apple Inc. offering to share: reasonable pricing.</p><p>Apple has long shown a willingness to charge premium prices for its iPhones, including breaking the $1,000 barrier a few years back with the iPhone X, and was expected to increase prices on the smartphones again with the iPhone 14 unveiling on Wednesday. Cook kept the price the same as the last two iPhone models, however, and even added in some other deals: Free satellite emergency service for two years, and an update to Apple Care+ to remove a limit on the number of repairs each year.</p><p>“It was a shock, I thought a $100 price increase was a foregone conclusion,” said Dan Ives, an analyst at Wedbush Securities. “Apple read the room and Cook didn’t want to raise prices.”</p><p>At the very least, analysts expected Apple to increase prices on its top-end smartphones, the iPhone Pro and Pro Max. Maribel Lopez, principal analyst at Lopez Research, said she had been hearing talk of price hikes of up to several hundred dollars that would “fork the line,” or allow greater separation between lower-priced and premium offerings.</p><p>“This was their opportunity, they were going to fork the line, and have very affordable and very flagship, and that was surprising that didn’t happen,” Lopez said. “I think that is the right move. It’s becoming difficult to get people to upgrade, they hold onto them longer, they are not inexpensive.”</p><p>The concern for investors from this move would be Apple’s profit margin. Record inflation has not just hit consumers — electronics manufacturers are seeing higher prices and uncertain supply of many components. The 15-year-old iPhone family is still Apple’s biggest revenue and profit generator, even as it is a mature product, so a margin decline would be felt acutely on the overall bottom line.</p><p>Lopez and Ives said the move should not be too much of a drag on Apple’s margins, however, thanks to strength with suppliers and a move toward using Apple’s own semiconductors.</p><p>“They have more control over their supply chain,” Ives said, adding that “the Apple silicon gives them flexibility.”</p><p>“Everything being an A or an M chip, that allows them a certain flexibility,” Lopez said. “It’s a classic vertical integration strategy.”</p><p>Apple unveiled some new offerings that were not price-related, mostly features targeted at increasingly specific audiences, such as the Apple Ultra Watch for serious fitness enthusiasts. But Cook again didn’t take the opportunity to use co-founder Steve Jobs’ product-launch catchphrase, “one more thing,” at the end of an unveiling to show off the next big product — even though Apple may have a big launch on the way.</p><p>Apple reportedly is working on three sets of augmented/virtual-reality glasses, with one expected to launch next year and compete with Meta Platforms Inc.’s Oculus offerings. It would be only the second major product category to launch under Cook’s leadership, beside the Apple Watch.</p><p>But Apple never shows off the next big thing without a fully formed product ready to roll. So instead, Cook is just trying to keep consumers happy with new iPhones — at flat prices with better cameras, longer battery life and new features — until its next foray is actually ready.</p><p>That doesn’t do much for investors, though. They are still wondering when they will get a glimpse at the next device they are betting on, and will have to worry about the possibility of declining margins while they wait.</p><p><b>Also Read: Apple Launching iPhone 14 and Other Products, a &#39;Major Feat&#39; Says Analyst</b>  Sources: StreetInsider</p><p>Apple (NASDAQ:AAPL) held its first in-person product launch event since before the pandemic Wednesday afternoon with the highly anticipated iPhone 14 launch.</p><p>While the iPhone 14 was front and center at the launch event, Apple also announced a raft of other products and updates, including the Apple Watch Series 8 and the enhanced AirPods Pro 2.</p><p>The iPhone 14 series includes the general model, the 14 Plus, the 14 Pro, and the 14 Pro Max.Apple said the 14 and 14 Plus models include the A15 Bionic chip with a 5-core GPU, while the 14 Pro and Pro Max are powered by A16 Bionic, the fastest chip ever in a smartphone.</p><p>Furthermore, Apple announced new satellite-enabled services for some of its products, with Globalstar, a satellite communications firm, managing the satellite-powered emergency SOS service.</p><p>Apple will pay 95% of the approved capital spending Globalstar makes in connection with the new satellites, according to a filing.It also states that they are expected to make the services available to customers during the fourth quarter of 2022.</p><p>Globalstar shares surged following the news earlier today but closed the session down 1.4%.</p><p>Reacting to the Apple announcements and event, Wedbush analyst Daniel Ives, who has an Outperform rating and a $220 price target on the stock, said, &#34;the Apple Watch and AirPods have transformed from a rounding error to a significant tangential product segment at Apple.&#34;</p><p>He added that it speaks to the monetization of a golden 1.8 billion iOS installed base that remains &#34;unmatched globally.&#34;</p><p>&#34;Taking a step back, launching 3 new core hardware products within the Apple ecosystem despite the biggest supply chain crisis seen in modern history is a major feat for Cook &amp; Co., especially with the zero Covid shutdowns in China seen in April/May,&#34; he added.</p><p>Commenting specifically on the iPhone 14 launch, Ives stated they believe the &#34;initial order for 90 million iPhone 14 units out of the gates with Asian suppliers has stayed firm&#34; based on recent checks and will be roughly flat with iPhone 13 despite the macro storm clouds building.&#34;</p><p>Apple shares gained just under 1% in Wednesday&#39;s session.</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>Tim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once</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\">\nTim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 13:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif....</p>\n\n<a href=\"https://www.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119363305","content_text":"Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif. GETTY IMAGESChief Executive Tim Cook didn’t show off “one more thing” on Wednesday, but he did have one new Apple Inc. offering to share: reasonable pricing.Apple has long shown a willingness to charge premium prices for its iPhones, including breaking the $1,000 barrier a few years back with the iPhone X, and was expected to increase prices on the smartphones again with the iPhone 14 unveiling on Wednesday. Cook kept the price the same as the last two iPhone models, however, and even added in some other deals: Free satellite emergency service for two years, and an update to Apple Care+ to remove a limit on the number of repairs each year.“It was a shock, I thought a $100 price increase was a foregone conclusion,” said Dan Ives, an analyst at Wedbush Securities. “Apple read the room and Cook didn’t want to raise prices.”At the very least, analysts expected Apple to increase prices on its top-end smartphones, the iPhone Pro and Pro Max. Maribel Lopez, principal analyst at Lopez Research, said she had been hearing talk of price hikes of up to several hundred dollars that would “fork the line,” or allow greater separation between lower-priced and premium offerings.“This was their opportunity, they were going to fork the line, and have very affordable and very flagship, and that was surprising that didn’t happen,” Lopez said. “I think that is the right move. It’s becoming difficult to get people to upgrade, they hold onto them longer, they are not inexpensive.”The concern for investors from this move would be Apple’s profit margin. Record inflation has not just hit consumers — electronics manufacturers are seeing higher prices and uncertain supply of many components. The 15-year-old iPhone family is still Apple’s biggest revenue and profit generator, even as it is a mature product, so a margin decline would be felt acutely on the overall bottom line.Lopez and Ives said the move should not be too much of a drag on Apple’s margins, however, thanks to strength with suppliers and a move toward using Apple’s own semiconductors.“They have more control over their supply chain,” Ives said, adding that “the Apple silicon gives them flexibility.”“Everything being an A or an M chip, that allows them a certain flexibility,” Lopez said. “It’s a classic vertical integration strategy.”Apple unveiled some new offerings that were not price-related, mostly features targeted at increasingly specific audiences, such as the Apple Ultra Watch for serious fitness enthusiasts. But Cook again didn’t take the opportunity to use co-founder Steve Jobs’ product-launch catchphrase, “one more thing,” at the end of an unveiling to show off the next big product — even though Apple may have a big launch on the way.Apple reportedly is working on three sets of augmented/virtual-reality glasses, with one expected to launch next year and compete with Meta Platforms Inc.’s Oculus offerings. It would be only the second major product category to launch under Cook’s leadership, beside the Apple Watch.But Apple never shows off the next big thing without a fully formed product ready to roll. So instead, Cook is just trying to keep consumers happy with new iPhones — at flat prices with better cameras, longer battery life and new features — until its next foray is actually ready.That doesn’t do much for investors, though. They are still wondering when they will get a glimpse at the next device they are betting on, and will have to worry about the possibility of declining margins while they wait.Also Read: Apple Launching iPhone 14 and Other Products, a 'Major Feat' Says Analyst  Sources: StreetInsiderApple (NASDAQ:AAPL) held its first in-person product launch event since before the pandemic Wednesday afternoon with the highly anticipated iPhone 14 launch.While the iPhone 14 was front and center at the launch event, Apple also announced a raft of other products and updates, including the Apple Watch Series 8 and the enhanced AirPods Pro 2.The iPhone 14 series includes the general model, the 14 Plus, the 14 Pro, and the 14 Pro Max.Apple said the 14 and 14 Plus models include the A15 Bionic chip with a 5-core GPU, while the 14 Pro and Pro Max are powered by A16 Bionic, the fastest chip ever in a smartphone.Furthermore, Apple announced new satellite-enabled services for some of its products, with Globalstar, a satellite communications firm, managing the satellite-powered emergency SOS service.Apple will pay 95% of the approved capital spending Globalstar makes in connection with the new satellites, according to a filing.It also states that they are expected to make the services available to customers during the fourth quarter of 2022.Globalstar shares surged following the news earlier today but closed the session down 1.4%.Reacting to the Apple announcements and event, Wedbush analyst Daniel Ives, who has an Outperform rating and a $220 price target on the stock, said, \"the Apple Watch and AirPods have transformed from a rounding error to a significant tangential product segment at Apple.\"He added that it speaks to the monetization of a golden 1.8 billion iOS installed base that remains \"unmatched globally.\"\"Taking a step back, launching 3 new core hardware products within the Apple ecosystem despite the biggest supply chain crisis seen in modern history is a major feat for Cook & Co., especially with the zero Covid shutdowns in China seen in April/May,\" he added.Commenting specifically on the iPhone 14 launch, Ives stated they believe the \"initial order for 90 million iPhone 14 units out of the gates with Asian suppliers has stayed firm\" based on recent checks and will be roughly flat with iPhone 13 despite the macro storm clouds building.\"Apple shares gained just under 1% in Wednesday's session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931766022,"gmtCreate":1662512499066,"gmtModify":1676537076688,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931766022","repostId":"2265403013","repostType":4,"repost":{"id":"2265403013","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":1662521565,"share":"https://ttm.financial/m/news/2265403013?lang=&edition=fundamental","pubTime":"2022-09-07 11:32","market":"us","language":"en","title":"What Is Expected at Apple's \"Far Out\" Fall Event?","url":"https://stock-news.laohu8.com/highlight/detail?id=2265403013","media":"Reuters","summary":"Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other prod","content":"<html><head></head><body><p>Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.</p><p>The event, &#34;Far Out&#34;, will begin at 1700 GMT at the Steve Jobs Theater in Apple&#39;s headquarters in Cupertino, California. It is the company&#39;s first indoor event since the pandemic.</p><p>Based on reports, here are some of the expected announcements:</p><p><b>IPHONE 14</b></p><p>Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.</p><p>The &#34;mini&#34; version of the iPhone may be discontinued, according to reports.</p><p>Pricing and bundling options for Apple&#39;s flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.</p><p>&#34;Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,&#34; BofA Securities analyst Wamsi Mohan said.</p><p><b>SATELLITE NETWORK CONNECTIVITY</b></p><p>Satellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple&#39;s product launches.</p><p>The possible feature would allow users to send emergency text messages in situations where they are without a network.</p><p><b>APPLE WATCH</b></p><p>The Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.</p><p>The company may also launch a Pro version of the Watch.</p><p><b>AIRPODS PRO 2</b></p><p>The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.</p><p>Some reports suggest the case could have a type-C port.</p><p><b>AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?</b></p><p>There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.</p><p>&#34;There could be some clues around a new AR/VR product although unlikely to be launched before 2023,&#34; BofA Securities&#39; Mohan said.</p><p>Here is a list of Apple launches at previous events:</p><table><tbody><tr><td>Past Events</td><td>Date</td><td>Products launched</td></tr><tr><td>Worldwide Developer&#39;s Conference</td><td>June 6, 2022</td><td>MacBooks with M2 chip</td></tr><tr><td>&#34;Peak Performance&#34;</td><td>March 8, 2022</td><td>iPhone SE, iPad Air, Mac Studio, Studio Display,</td></tr><tr><td>&#34;Unleashed&#34;</td><td>Oct. 18, 2021</td><td>MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen</td></tr><tr><td>&#34;California Streaming&#34;</td><td>Sept. 14, 2021</td><td>iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7</td></tr><tr><td>&#34;Spring Loaded&#34;</td><td>April 20, 2021</td><td>iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purple</td></tr></tbody></table><p><b>Also Read:</b> <b>Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?</b>  Source: MarketWatch</p><p>Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.</p><p>After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.</p><p>“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.</p><p>The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.</p><p>But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.</p><p>Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”</p><p>Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”</p><p>A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.</p><p>Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”</p><p>Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.</p><p>There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”</p><p>The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.</p><p>The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.</p><p>Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”</p><p>Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.</p><p>Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&amp;P 500 index has fallen 16.8%.</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>What Is Expected at Apple's \"Far Out\" Fall Event?</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\">\nWhat Is Expected at Apple's \"Far Out\" Fall Event?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-07 11:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.</p><p>The event, &#34;Far Out&#34;, will begin at 1700 GMT at the Steve Jobs Theater in Apple&#39;s headquarters in Cupertino, California. It is the company&#39;s first indoor event since the pandemic.</p><p>Based on reports, here are some of the expected announcements:</p><p><b>IPHONE 14</b></p><p>Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.</p><p>The &#34;mini&#34; version of the iPhone may be discontinued, according to reports.</p><p>Pricing and bundling options for Apple&#39;s flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.</p><p>&#34;Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,&#34; BofA Securities analyst Wamsi Mohan said.</p><p><b>SATELLITE NETWORK CONNECTIVITY</b></p><p>Satellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple&#39;s product launches.</p><p>The possible feature would allow users to send emergency text messages in situations where they are without a network.</p><p><b>APPLE WATCH</b></p><p>The Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.</p><p>The company may also launch a Pro version of the Watch.</p><p><b>AIRPODS PRO 2</b></p><p>The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.</p><p>Some reports suggest the case could have a type-C port.</p><p><b>AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?</b></p><p>There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.</p><p>&#34;There could be some clues around a new AR/VR product although unlikely to be launched before 2023,&#34; BofA Securities&#39; Mohan said.</p><p>Here is a list of Apple launches at previous events:</p><table><tbody><tr><td>Past Events</td><td>Date</td><td>Products launched</td></tr><tr><td>Worldwide Developer&#39;s Conference</td><td>June 6, 2022</td><td>MacBooks with M2 chip</td></tr><tr><td>&#34;Peak Performance&#34;</td><td>March 8, 2022</td><td>iPhone SE, iPad Air, Mac Studio, Studio Display,</td></tr><tr><td>&#34;Unleashed&#34;</td><td>Oct. 18, 2021</td><td>MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen</td></tr><tr><td>&#34;California Streaming&#34;</td><td>Sept. 14, 2021</td><td>iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7</td></tr><tr><td>&#34;Spring Loaded&#34;</td><td>April 20, 2021</td><td>iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purple</td></tr></tbody></table><p><b>Also Read:</b> <b>Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?</b>  Source: MarketWatch</p><p>Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.</p><p>After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.</p><p>“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.</p><p>The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.</p><p>But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.</p><p>Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”</p><p>Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”</p><p>A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.</p><p>Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”</p><p>Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.</p><p>There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”</p><p>The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.</p><p>The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.</p><p>Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”</p><p>Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.</p><p>Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&amp;P 500 index has fallen 16.8%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265403013","content_text":"Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.The event, \"Far Out\", will begin at 1700 GMT at the Steve Jobs Theater in Apple's headquarters in Cupertino, California. It is the company's first indoor event since the pandemic.Based on reports, here are some of the expected announcements:IPHONE 14Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.The \"mini\" version of the iPhone may be discontinued, according to reports.Pricing and bundling options for Apple's flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.\"Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,\" BofA Securities analyst Wamsi Mohan said.SATELLITE NETWORK CONNECTIVITYSatellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple's product launches.The possible feature would allow users to send emergency text messages in situations where they are without a network.APPLE WATCHThe Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.The company may also launch a Pro version of the Watch.AIRPODS PRO 2The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.Some reports suggest the case could have a type-C port.AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.\"There could be some clues around a new AR/VR product although unlikely to be launched before 2023,\" BofA Securities' Mohan said.Here is a list of Apple launches at previous events:Past EventsDateProducts launchedWorldwide Developer's ConferenceJune 6, 2022MacBooks with M2 chip\"Peak Performance\"March 8, 2022iPhone SE, iPad Air, Mac Studio, Studio Display,\"Unleashed\"Oct. 18, 2021MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen\"California Streaming\"Sept. 14, 2021iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7\"Spring Loaded\"April 20, 2021iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purpleAlso Read: Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?  Source: MarketWatchApple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&P 500 index has fallen 16.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931148247,"gmtCreate":1662425780089,"gmtModify":1676537056518,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931148247","repostId":"2264713810","repostType":4,"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931936499,"gmtCreate":1662379185211,"gmtModify":1676537048529,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931936499","repostId":"2264274049","repostType":4,"repost":{"id":"2264274049","pubTimestamp":1662364924,"share":"https://ttm.financial/m/news/2264274049?lang=&edition=fundamental","pubTime":"2022-09-05 16:02","market":"us","language":"en","title":"3 Stocks Cathie Wood Is Buying That Should Be on Your List Too","url":"https://stock-news.laohu8.com/highlight/detail?id=2264274049","media":"Motley Fool","summary":"The ARK ETFs have clicked the buy button on these growth stocks recently, and they still look ripe for the plucking.","content":"<html><head></head><body><p>Back-to-school supplies and updates to your autumn wardrobe are popular things on people&#39;s shopping lists these days. Noted investor and Ark Invest CEO Cathie Wood, meanwhile, has been scooping up shares of growth stocks for her various ARK exchange-traded funds (ETFs).</p><p>While I can&#39;t say that I agree with all of Wood&#39;s stock purchases over the past few months, there are some stocks that her funds have snatched up that would seem to fit well in other growth investors&#39; portfolios. They include <b>Ginkgo Bioworks</b>, <b>Monday.com</b>, and <b>Trimble</b>. Let&#39;s find out a bit more about these three Cathie Wood stocks that are worth more consideration.</p><h2>1. Ginkgo Bioworks</h2><p>A leader in the field of synthetic biology, or synbio, Ginkgo Bioworks specializes in providing its customers with improved molecules. Essentially, the company acts like an architect. Customers -- from a variety of industries, including food, pharmaceuticals, and cosmetics -- inform Ginkgo of their needs, and Ginkgo designs the blueprints for new and improved microbes. Often, Ginkgo will earn royalties or equity interests as a result of these partnerships, providing the company with good foresight into future cash flows.</p><p>Like many growth stocks this year, shares of Ginkgo have fallen steeply -- about 68.7% -- as investors shy away from investments that represent higher degrees of risk. However, the stock&#39;s plunge is not reflective of something inherently wrong with the company. This is something with which Wood seems to be familiar. Throughout August, the <b><a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a></b> has purchased more than 7.34 million shares of Ginkgo Bioworks.</p><p>The company doesn&#39;t project profitability on an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis until 2025. In the meantime, though, investors can monitor the company&#39;s ability to launch new programs -- 60 are forecasted in 2022 -- as a positive sign that the company&#39;s offerings are in consistently high demand.</p><h2>2. Monday.com</h2><p>Also appearing on Wood&#39;s shopping list is the open platform stock Monday.com. The <b><a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a></b> has been steadily increasing its position in Monday.com throughout 2022, adding 164,500 shares in February through May and 30,075 shares, most recently, in June.</p><p>The advantage of Monday.com&#39;s platform is that it allows customers to develop a customizable workflow experience -- selecting from the different apps available on its platform -- without the need for complex coding or adherence to a nonflexible infrastructure. Simply put, Monday.com&#39;s platform makes it easier for customers to work online. And with our lives becoming increasingly dependent on our ability to manage things online, Monday.com&#39;s ability to provide an easier solution is something that is highly attractive.</p><p>Monday.com has excelled at growing revenue over the past three years: Sales have soared at a compound annual growth rate of 99% from 2019 to 2021. The company recently announced a strong second-quarter 2022 performance, and management is bullish on the coming year regarding free cash flow generation.</p><p>On the company&#39;s Q2 2022 conference call, Eliran Glazer, the company&#39;s CFO, said that management expects &#34;to see a shift toward breakeven or some free cash flow positive&#34; in the second half of 2023.</p><h2>3. Trimble</h2><p>Occupying an increasingly larger position in two ETFs this summer, Trimble is a stock that first made an appearance in an ARK ETF in September 2020. Wood most recently picked up shares of Trimble in July, when the <b>ARK Space Exploration &amp; Innovation ETF</b> picked up 25,073 shares, and the <b>ARK</b> <b>Autonomous Technology &amp; Robotics ETF</b> added 93,392 shares.</p><p>Trimble is a leader in positioning systems. On both local and global scales, Trimble helps a diverse range of customers from industries including agriculture, construction, and transportation. With the data it collects from its positioning solutions, Trimble is also able to offer customers sophisticated modeling, analysis, and autonomous technology solutions.</p><p>Customers need to have accurate positioning data that are subsequently converted into modeling solutions and analytics, which is hardly something that will wane in the coming years. Instead, Trimble&#39;s offerings will likely grow in demand as customers&#39; positioning and data needs become more sophisticated. The high interest in Trimble&#39;s offerings, in fact, is already recognizable in the company&#39;s substantial backlog of approximately $1.6 billion as of the end of Q2 2022.</p><h2>A last look at Cathie Wood&#39;s shopping list</h2><p>On balance, growth investors are more comfortable taking on risk in their investments, but that&#39;s not to say that all growth stocks represent the same risk. Trimble, for example, has a long runway of growth ahead of it, yet the company already generates positive free cash flow, mitigating the amount of risk. For investors looking to take on more risk in pursuit of greater rewards, conversely, Ginkgo Bioworks and Monday.com are better options.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks Cathie Wood Is Buying That Should Be on Your List Too</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks Cathie Wood Is Buying That Should Be on Your List Too\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 16:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/02/stocks-cathie-wood-buying-that-should-be-on-list/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Back-to-school supplies and updates to your autumn wardrobe are popular things on people's shopping lists these days. Noted investor and Ark Invest CEO Cathie Wood, meanwhile, has been scooping up ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/02/stocks-cathie-wood-buying-that-should-be-on-list/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DNA":"Ginkgo Bioworks Holdings Inc.","TRMB":"天宝导航","MNDY":"Monday.com Ltd."},"source_url":"https://www.fool.com/investing/2022/09/02/stocks-cathie-wood-buying-that-should-be-on-list/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264274049","content_text":"Back-to-school supplies and updates to your autumn wardrobe are popular things on people's shopping lists these days. Noted investor and Ark Invest CEO Cathie Wood, meanwhile, has been scooping up shares of growth stocks for her various ARK exchange-traded funds (ETFs).While I can't say that I agree with all of Wood's stock purchases over the past few months, there are some stocks that her funds have snatched up that would seem to fit well in other growth investors' portfolios. They include Ginkgo Bioworks, Monday.com, and Trimble. Let's find out a bit more about these three Cathie Wood stocks that are worth more consideration.1. Ginkgo BioworksA leader in the field of synthetic biology, or synbio, Ginkgo Bioworks specializes in providing its customers with improved molecules. Essentially, the company acts like an architect. Customers -- from a variety of industries, including food, pharmaceuticals, and cosmetics -- inform Ginkgo of their needs, and Ginkgo designs the blueprints for new and improved microbes. Often, Ginkgo will earn royalties or equity interests as a result of these partnerships, providing the company with good foresight into future cash flows.Like many growth stocks this year, shares of Ginkgo have fallen steeply -- about 68.7% -- as investors shy away from investments that represent higher degrees of risk. However, the stock's plunge is not reflective of something inherently wrong with the company. This is something with which Wood seems to be familiar. Throughout August, the ARK Innovation ETF has purchased more than 7.34 million shares of Ginkgo Bioworks.The company doesn't project profitability on an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis until 2025. In the meantime, though, investors can monitor the company's ability to launch new programs -- 60 are forecasted in 2022 -- as a positive sign that the company's offerings are in consistently high demand.2. Monday.comAlso appearing on Wood's shopping list is the open platform stock Monday.com. The ARK Next Generation Internet ETF has been steadily increasing its position in Monday.com throughout 2022, adding 164,500 shares in February through May and 30,075 shares, most recently, in June.The advantage of Monday.com's platform is that it allows customers to develop a customizable workflow experience -- selecting from the different apps available on its platform -- without the need for complex coding or adherence to a nonflexible infrastructure. Simply put, Monday.com's platform makes it easier for customers to work online. And with our lives becoming increasingly dependent on our ability to manage things online, Monday.com's ability to provide an easier solution is something that is highly attractive.Monday.com has excelled at growing revenue over the past three years: Sales have soared at a compound annual growth rate of 99% from 2019 to 2021. The company recently announced a strong second-quarter 2022 performance, and management is bullish on the coming year regarding free cash flow generation.On the company's Q2 2022 conference call, Eliran Glazer, the company's CFO, said that management expects \"to see a shift toward breakeven or some free cash flow positive\" in the second half of 2023.3. TrimbleOccupying an increasingly larger position in two ETFs this summer, Trimble is a stock that first made an appearance in an ARK ETF in September 2020. Wood most recently picked up shares of Trimble in July, when the ARK Space Exploration & Innovation ETF picked up 25,073 shares, and the ARK Autonomous Technology & Robotics ETF added 93,392 shares.Trimble is a leader in positioning systems. On both local and global scales, Trimble helps a diverse range of customers from industries including agriculture, construction, and transportation. With the data it collects from its positioning solutions, Trimble is also able to offer customers sophisticated modeling, analysis, and autonomous technology solutions.Customers need to have accurate positioning data that are subsequently converted into modeling solutions and analytics, which is hardly something that will wane in the coming years. Instead, Trimble's offerings will likely grow in demand as customers' positioning and data needs become more sophisticated. The high interest in Trimble's offerings, in fact, is already recognizable in the company's substantial backlog of approximately $1.6 billion as of the end of Q2 2022.A last look at Cathie Wood's shopping listOn balance, growth investors are more comfortable taking on risk in their investments, but that's not to say that all growth stocks represent the same risk. Trimble, for example, has a long runway of growth ahead of it, yet the company already generates positive free cash flow, mitigating the amount of risk. For investors looking to take on more risk in pursuit of greater rewards, conversely, Ginkgo Bioworks and Monday.com are better options.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933007938,"gmtCreate":1662173810824,"gmtModify":1676537013163,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933007938","repostId":"1156330131","repostType":4,"repost":{"id":"1156330131","pubTimestamp":1662171655,"share":"https://ttm.financial/m/news/1156330131?lang=&edition=fundamental","pubTime":"2022-09-03 10:20","market":"us","language":"en","title":"5 Top Stocks Cathie Wood Sold This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1156330131","media":"InvestorPlace","summary":"ARK Innovation ETF(ARKK) experienced outflows of $803 million during August.August marked the larges","content":"<html><head></head><body><ul><li><b>ARK Innovation ETF</b>(<b><u>ARKK</u></b>) experienced outflows of $803 million during August.</li><li>August marked the largest monthly outflow for the ETF since September of last year.</li><li>Shares of ARKK are down more than 50% year-to-date.</li></ul><p>It was another down week for Cathie Wood’s flagship exchange-traded fund (ETF), the <b>ARK Innovation ETF</b>(NYSEARCA:<b><u>ARKK</u></b>). Shares of the ETF are finishing in the red today, marking the second straight week of declines. The drop was led by drawdowns in top holdings such as <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) and <b>Teladoc</b>(NYSE:<b><u>TDOC</u></b>).</p><p>On top of that, ARKK experienced outflows of$803 million during the month of August. This was the largest monthly outflow since September of last year. In addition, ARKK saw inflows in only six days of August, while the rest were outflows.</p><p><i>Bloomberg</i> reports some loyal retail investors are losing faith as well. An investor from the Bay Area stated, “When I entered it, I strongly believed in the vision. Currently, not so much, and since my initial reason for it did not still apply, I realized I should just let it go.”</p><p>With that in mind, let’s take a look at the top stocks Cathie Wood sold this week.</p><p><b>5 Stocks Cathie Wood Sold This Week</b></p><p><b>1. Tesla(TSLA)</b></p><p>Perhaps the most significant sale of the week, <b>Ark Invest</b> sold 150,529 shares of TSLA stock on Sept. 1. The shares were sold through three Ark ETFs and totaled about $41 million. After the sale, Ark still owns 1.44 million shares of the electric vehicle (EV) company.</p><p>Wood herself has a 2026 Teslaprice target of $1,533. With a target so high, why exactly is she selling shares? The answer may be to escape short term volatility in favor of relatively safer investments. Yesterday, Piper Sandler analyst Alexander Potterraised his price target to $360 from $344. However, Potter expects a price reduction in the short term. This is due to rising rates, geopolitical tensions, weakness in the Chinese market and shorter waiting times. The analyst also believes Tesla may lower prices for its EVs in the upcoming year.</p><p><b>2.</b> <b>Signify Health (SGFY)</b></p><p>Ark Invest has now sold shares of <b>Signify Health</b>(NYSE:<b><u>SGFY</u></b>) for four straight weeks. This week, Wood and company sold 1.08 million shares of the healthcare company. After the sales, Ark still owns 13.39 million shares.</p><p>In August, it was announced that four suitors were competing to acquire Signify. These suitors included <b>UnitedHealth</b> (NYSE:<b><u>UNH</u></b>) and <b>CVS</b> (NYSE:<b><u>CVS</u></b>). <i>Bloomberg</i> reported UnitedHealth had the highest offer of about $30 per share, which is equivalent to an $8 billion valuation. However, the final offers are expected to be disclosed by Sept. 6. As a result, it appears Wood isn’t waiting for offers and is instead choosing to take profits on a profitable investment. Cathie’s Ark reports that ARKK has a SGFY cost basis of $22.28, while the <b>ARK Genomic Revolution ETF</b>(BATS:<b><u>ARKG</u></b>) has a cost basis of $25.99.</p><p><b>3. Nano Dimension(NNDM)</b></p><p><b>Nano Dimension</b>(NASDAQ:<b><u>NNDM</u></b>) is an industrial 3D printing company that focuses in additive manufacturing. The company reported earnings on Sept. 1, with revenue coming at $11.1 million, up 1,268% year-over-year (YOY). However, Nano remains unprofitable, reporting a net loss of $40 million and adjusted earnings before interest, taxes, deductions and amortizations (EBITDA) of negative $21.3 million. Furthermore, the company has a healthy cash balance of $1.27 billion. That’s almost twice Nano’s market capitalization of about $670 million.</p><p>It seems Ark was not impressed with earnings, as two Ark ETFS sold off 674,537 shares on the same day that earnings were announced. After the sales, Ark now owns a total of 15.65 million shares.</p><p><b>4. Iridium Communications (IRDM)</b></p><p><b>Iridium Communications</b>(NASDAQ:<b><u>IRDM</u></b>) is a global satellite communications company. Its constellation architecture makes it the only network in the world that covers 100% of that planet. Each satellite in the constellation is cross-linked with four other satellites, providing increased reliability and resiliency. The cross-links also provide faster transmission speeds. Companies can tap into Iridium’s constellation by purchasing Iridium Connected devices, such as the Iridium 9555 and the Iridium 9575A, which is specified for U.S. government use. Shares of IRDM stock are up 7% year-to-date (YTD), compared to the <b>S&amp;P 500’s</b> decline of about 17%.</p><p>It seems Ark is taking profits on a successful investment. This week, two Ark ETFs sold a total of58,700 shares of IRDM. After the sales, Ark still owns 2.06 million shares.</p><p><b>5. Compugen (CGEN)</b></p><p><b>Compugen</b>(NASDAQ:<b><u>CGEN</u></b>) engages in the research, development and commercialization of cancer immunotherapies using a“predictive computational platform.” Currently, the company has four products in Phase 1 clinical trials. In addition, Compugen has filed more than 120granted or pending patents and has published at least 85 peer reviewed publications.</p><p>Compugen reported Q2 earnings on Aug. 4, and Ark has been selling shares ever since. For the quarter, the company reported a net loss of $9.1 million, down from $9.5 million a year ago. The net loss was equivalent to an earnings per share loss of 11 cents. Furthermore, Compugen expects to end the year with between $72 million and $74 million of cash on hand.</p><p>Between Aug. 29 and Sept. 1, ARKK and ARKG sold a combined 151,797 shares of CGEN. Ark now owns a total of 3.08 million shares.</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>5 Top Stocks Cathie Wood Sold This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Top Stocks Cathie Wood Sold This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-03 10:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-top-stocks-cathie-wood-sold-this-week/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ARK Innovation ETF(ARKK) experienced outflows of $803 million during August.August marked the largest monthly outflow for the ETF since September of last year.Shares of ARKK are down more than 50% ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-top-stocks-cathie-wood-sold-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SGFY":"Signify Health, Inc.","TSLA":"特斯拉"},"source_url":"https://investorplace.com/2022/09/5-top-stocks-cathie-wood-sold-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156330131","content_text":"ARK Innovation ETF(ARKK) experienced outflows of $803 million during August.August marked the largest monthly outflow for the ETF since September of last year.Shares of ARKK are down more than 50% year-to-date.It was another down week for Cathie Wood’s flagship exchange-traded fund (ETF), the ARK Innovation ETF(NYSEARCA:ARKK). Shares of the ETF are finishing in the red today, marking the second straight week of declines. The drop was led by drawdowns in top holdings such as Tesla(NASDAQ:TSLA) and Teladoc(NYSE:TDOC).On top of that, ARKK experienced outflows of$803 million during the month of August. This was the largest monthly outflow since September of last year. In addition, ARKK saw inflows in only six days of August, while the rest were outflows.Bloomberg reports some loyal retail investors are losing faith as well. An investor from the Bay Area stated, “When I entered it, I strongly believed in the vision. Currently, not so much, and since my initial reason for it did not still apply, I realized I should just let it go.”With that in mind, let’s take a look at the top stocks Cathie Wood sold this week.5 Stocks Cathie Wood Sold This Week1. Tesla(TSLA)Perhaps the most significant sale of the week, Ark Invest sold 150,529 shares of TSLA stock on Sept. 1. The shares were sold through three Ark ETFs and totaled about $41 million. After the sale, Ark still owns 1.44 million shares of the electric vehicle (EV) company.Wood herself has a 2026 Teslaprice target of $1,533. With a target so high, why exactly is she selling shares? The answer may be to escape short term volatility in favor of relatively safer investments. Yesterday, Piper Sandler analyst Alexander Potterraised his price target to $360 from $344. However, Potter expects a price reduction in the short term. This is due to rising rates, geopolitical tensions, weakness in the Chinese market and shorter waiting times. The analyst also believes Tesla may lower prices for its EVs in the upcoming year.2. Signify Health (SGFY)Ark Invest has now sold shares of Signify Health(NYSE:SGFY) for four straight weeks. This week, Wood and company sold 1.08 million shares of the healthcare company. After the sales, Ark still owns 13.39 million shares.In August, it was announced that four suitors were competing to acquire Signify. These suitors included UnitedHealth (NYSE:UNH) and CVS (NYSE:CVS). Bloomberg reported UnitedHealth had the highest offer of about $30 per share, which is equivalent to an $8 billion valuation. However, the final offers are expected to be disclosed by Sept. 6. As a result, it appears Wood isn’t waiting for offers and is instead choosing to take profits on a profitable investment. Cathie’s Ark reports that ARKK has a SGFY cost basis of $22.28, while the ARK Genomic Revolution ETF(BATS:ARKG) has a cost basis of $25.99.3. Nano Dimension(NNDM)Nano Dimension(NASDAQ:NNDM) is an industrial 3D printing company that focuses in additive manufacturing. The company reported earnings on Sept. 1, with revenue coming at $11.1 million, up 1,268% year-over-year (YOY). However, Nano remains unprofitable, reporting a net loss of $40 million and adjusted earnings before interest, taxes, deductions and amortizations (EBITDA) of negative $21.3 million. Furthermore, the company has a healthy cash balance of $1.27 billion. That’s almost twice Nano’s market capitalization of about $670 million.It seems Ark was not impressed with earnings, as two Ark ETFS sold off 674,537 shares on the same day that earnings were announced. After the sales, Ark now owns a total of 15.65 million shares.4. Iridium Communications (IRDM)Iridium Communications(NASDAQ:IRDM) is a global satellite communications company. Its constellation architecture makes it the only network in the world that covers 100% of that planet. Each satellite in the constellation is cross-linked with four other satellites, providing increased reliability and resiliency. The cross-links also provide faster transmission speeds. Companies can tap into Iridium’s constellation by purchasing Iridium Connected devices, such as the Iridium 9555 and the Iridium 9575A, which is specified for U.S. government use. Shares of IRDM stock are up 7% year-to-date (YTD), compared to the S&P 500’s decline of about 17%.It seems Ark is taking profits on a successful investment. This week, two Ark ETFs sold a total of58,700 shares of IRDM. After the sales, Ark still owns 2.06 million shares.5. Compugen (CGEN)Compugen(NASDAQ:CGEN) engages in the research, development and commercialization of cancer immunotherapies using a“predictive computational platform.” Currently, the company has four products in Phase 1 clinical trials. In addition, Compugen has filed more than 120granted or pending patents and has published at least 85 peer reviewed publications.Compugen reported Q2 earnings on Aug. 4, and Ark has been selling shares ever since. For the quarter, the company reported a net loss of $9.1 million, down from $9.5 million a year ago. The net loss was equivalent to an earnings per share loss of 11 cents. Furthermore, Compugen expects to end the year with between $72 million and $74 million of cash on hand.Between Aug. 29 and Sept. 1, ARKK and ARKG sold a combined 151,797 shares of CGEN. Ark now owns a total of 3.08 million shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939148921,"gmtCreate":1662079354266,"gmtModify":1676536801856,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939148921","repostId":"2264245550","repostType":4,"repost":{"id":"2264245550","pubTimestamp":1662073632,"share":"https://ttm.financial/m/news/2264245550?lang=&edition=fundamental","pubTime":"2022-09-02 07:07","market":"us","language":"en","title":"US STOCKS-S&P 500 Snaps Four-Session Losing Streak with Payrolls on Deck","url":"https://stock-news.laohu8.com/highlight/detail?id=2264245550","media":"Reuters","summary":"* U.S. manufacturing sector steady in August - ISM* All eyes on August nonfarm payrolls report on Fr","content":"<html><head></head><body><p>* U.S. manufacturing sector steady in August - ISM</p><p>* All eyes on August nonfarm payrolls report on Friday</p><p>* Nvidia, AMD fall after U.S. export ban on AI chips to China</p><p>* Dow up 0.46%, S&amp;P 500 up 0.30%, Nasdaq down 0.26%</p><p>A late rally helped the S&amp;P 500 snap a four-session losing skid on Thursday with investor focus turning to a key report on the labor market on Friday.</p><p>Stocks had been solidly lower for most of the session, after data showed weekly jobless claims fell more than expected to a two-month low last week and layoffs dropped in August, giving the Fed a cushion to continue raising rates to slow the labor market. Investors now await the monthly nonfarm payrolls report on Friday for more evidence on the labor market.</p><p>Economists polled by Reuters see a jobs increase of 300,000, while Wells Fargo economist Jay Bryson revised his forecast for nonfarm payrolls to 375,000 from 325,000 and <a href=\"https://laohu8.com/S/MSSXL\">Morgan Stanley</a> economist Ellen Zentner expects August payrolls of 350,000.</p><p>&#34;Today&#39;s market is about tomorrow morning. You&#39;ve got a market that is oversold ... and a catalyst for a rally or at least not to sell off would be a weaker employment report especially with regard to wages,&#34; said Quincy Krosby, chief global strategist for LPL Financial in Charlotte, North Carolina. &#34;The market is as data-dependent as the Fed. It&#39;s going to be on guard for every data release that could suggest when the Fed could be closer to finishing.&#34;</p><p>The S&amp;P managed to bounce in the latter stages of trading after hitting a low of 3,903.65, near what some analysts see as a strong support level for stocks at 3,900.</p><p>The Dow Jones Industrial Average rose 145.99 points, or 0.46%, to 31,656.42; the S&amp;P 500 gained 11.85 points, or 0.30%, to 3,966.85; and the Nasdaq Composite dropped 31.08 points, or 0.26%, to 11,785.13.</p><p>The benchmark S&amp;P index has stumbled nearly 6% over the prior four sessions, which began after Fed Chair Jerome Powell signaled on Friday the central bank will remain aggressive raising rates to fight inflation even after consecutive hikes of 75 basis points, a message echoed by other Fed officials in recent days.</p><p>Despite the gains, the tone was defensive, with healthcare up 1.65%, and utilities, which gained 1.42%, the leading sectors to the upside.</p><p>Weighing on the tech sector, down 0.48%, were chipmakers as the Philadelphia semiconductor index dropped 1.92%, led by a 7.67% tumble in shares of Nvidia as the biggest weight on the S&amp;P 500, and a 2.99% fall in Advanced Micro Devices after the United States imposed an export ban on some top AI chips to China.</p><p>Other economic data showed a further easing in price pressures, while manufacturing grew steadily in August, thanks to a rebound in employment and new orders.</p><p>Traders expect a 73.1% chance of a third straight 75 basis points increase in rates in September and expect it to peak around 3.993% in March 2023.</p><p>The expected path of Fed rate hikes has increased worry the central bank could potentially make a policy mistake and raise rates too high, tilting the economy into a recession, even if inflation shows signs of abating.</p><p>Investors have also become more concerned about corporate earnings in a rising rate environment that has also stoked a rally in the U.S. dollar. Hormel Foods Corp fell 6.56% after the packaged foods maker cut its full-year profit forecast.</p><p>Volume on U.S. exchanges was 11.19 billion shares, compared with the 10.51 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.82-to-1 ratio; on Nasdaq, a 1.96-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted one new 52-week high and 35 new lows; the Nasdaq Composite recorded 29 new highs and 356 new lows.</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>US STOCKS-S&P 500 Snaps Four-Session Losing Streak with Payrolls on Deck</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\">\nUS STOCKS-S&P 500 Snaps Four-Session Losing Streak with Payrolls on Deck\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 07:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-p-500-snaps-201740513.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* U.S. manufacturing sector steady in August - ISM* All eyes on August nonfarm payrolls report on Friday* Nvidia, AMD fall after U.S. export ban on AI chips to China* Dow up 0.46%, S&P 500 up 0.30%, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-p-500-snaps-201740513.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/us-stocks-p-500-snaps-201740513.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2264245550","content_text":"* U.S. manufacturing sector steady in August - ISM* All eyes on August nonfarm payrolls report on Friday* Nvidia, AMD fall after U.S. export ban on AI chips to China* Dow up 0.46%, S&P 500 up 0.30%, Nasdaq down 0.26%A late rally helped the S&P 500 snap a four-session losing skid on Thursday with investor focus turning to a key report on the labor market on Friday.Stocks had been solidly lower for most of the session, after data showed weekly jobless claims fell more than expected to a two-month low last week and layoffs dropped in August, giving the Fed a cushion to continue raising rates to slow the labor market. Investors now await the monthly nonfarm payrolls report on Friday for more evidence on the labor market.Economists polled by Reuters see a jobs increase of 300,000, while Wells Fargo economist Jay Bryson revised his forecast for nonfarm payrolls to 375,000 from 325,000 and Morgan Stanley economist Ellen Zentner expects August payrolls of 350,000.\"Today's market is about tomorrow morning. You've got a market that is oversold ... and a catalyst for a rally or at least not to sell off would be a weaker employment report especially with regard to wages,\" said Quincy Krosby, chief global strategist for LPL Financial in Charlotte, North Carolina. \"The market is as data-dependent as the Fed. It's going to be on guard for every data release that could suggest when the Fed could be closer to finishing.\"The S&P managed to bounce in the latter stages of trading after hitting a low of 3,903.65, near what some analysts see as a strong support level for stocks at 3,900.The Dow Jones Industrial Average rose 145.99 points, or 0.46%, to 31,656.42; the S&P 500 gained 11.85 points, or 0.30%, to 3,966.85; and the Nasdaq Composite dropped 31.08 points, or 0.26%, to 11,785.13.The benchmark S&P index has stumbled nearly 6% over the prior four sessions, which began after Fed Chair Jerome Powell signaled on Friday the central bank will remain aggressive raising rates to fight inflation even after consecutive hikes of 75 basis points, a message echoed by other Fed officials in recent days.Despite the gains, the tone was defensive, with healthcare up 1.65%, and utilities, which gained 1.42%, the leading sectors to the upside.Weighing on the tech sector, down 0.48%, were chipmakers as the Philadelphia semiconductor index dropped 1.92%, led by a 7.67% tumble in shares of Nvidia as the biggest weight on the S&P 500, and a 2.99% fall in Advanced Micro Devices after the United States imposed an export ban on some top AI chips to China.Other economic data showed a further easing in price pressures, while manufacturing grew steadily in August, thanks to a rebound in employment and new orders.Traders expect a 73.1% chance of a third straight 75 basis points increase in rates in September and expect it to peak around 3.993% in March 2023.The expected path of Fed rate hikes has increased worry the central bank could potentially make a policy mistake and raise rates too high, tilting the economy into a recession, even if inflation shows signs of abating.Investors have also become more concerned about corporate earnings in a rising rate environment that has also stoked a rally in the U.S. dollar. Hormel Foods Corp fell 6.56% after the packaged foods maker cut its full-year profit forecast.Volume on U.S. exchanges was 11.19 billion shares, compared with the 10.51 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 2.82-to-1 ratio; on Nasdaq, a 1.96-to-1 ratio favored decliners.The S&P 500 posted one new 52-week high and 35 new lows; the Nasdaq Composite recorded 29 new highs and 356 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930415787,"gmtCreate":1661992871751,"gmtModify":1676536619505,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930415787","repostId":"2264232068","repostType":4,"repost":{"id":"2264232068","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":1661990277,"share":"https://ttm.financial/m/news/2264232068?lang=&edition=fundamental","pubTime":"2022-09-01 07:57","market":"us","language":"en","title":"\"Prepare for an Epic Finale\": Jeremy Grantham Warns \"Tragedy\" Looms as \"Superbubble\" May Burst","url":"https://stock-news.laohu8.com/highlight/detail?id=2264232068","media":"Dow Jones","summary":"Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and fin","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e30283c0fa974f75392c6e017fc03beb\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and final act.</span></p><p>A &#34;superbubble&#34; appears dangerously near its &#34;final act&#34; after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential &#34;tragedy,&#34; according to Jeremy Grantham, the legendary co-founder of Boston-based investment firm GMO.</p><p>Grantham, who has repeatedly warned investors of a bubble in markets, said in a paper Wednesday that &#34;superbubbles are events unlike any others&#34; and share some common features.</p><p>&#34;One of those features is the bear-market rally after the initial derating stage of the decline but before the economy has clearly begun to deteriorate, as it always has when superbubbles burst,&#34; said Grantham. &#34;This, in all three previous cases, recovered over half the market&#39;s initial losses, luring unwary investors back just in time for the market to turn down again, only more viciously, and the economy to weaken. This summer&#39;s rally has so far perfectly fit the pattern.&#34;</p><p>The U.S. stock market tumbled during the first half of 2022 as investors anticipated soaring inflation would lead to a hawkish Federal Reserve. The S&amp;P 500 closed at a low this year of 3,666.77 on June 16, before surging over the summer along with other stock benchmarks amid investor optimism over signs that the highest inflation in decades was easing.</p><p>Fed Chair Jerome Powell recently ended that rally with his Aug. 26 speech at the Jackson Hole, Wyo., economic symposium, wiping out this month&#39;s gains as he reiterated that the central bank would keep tightening its monetary policy to tame soaring inflation. He warned that the Fed would battle inflation until the job was done, even as it may bring pain to households and businesses.</p><p>&#34;The U.S. stock market remains very expensive and an increase in inflation like the one this year has always hurt multiples, although more slowly than normal this time,&#34; Grantham said. &#34;But now the fundamentals have also started to deteriorate enormously and surprisingly: Between COVID in China, war in Europe, food and energy crises, record fiscal tightening, and more, the outlook is far grimmer than could have been foreseen in January.&#34;</p><p>Grantham had warned in a January paper that the U.S. was approaching the end of a &#34;superbubble&#34; spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID-19 pandemic.</p><p>In his paper Wednesday, Grantham said &#34;the current superbubble features an unprecedentedly dangerous mix of cross-asset overvaluation (with bonds, housing, and stocks all critically overpriced and now rapidly losing momentum), commodity shock, and Fed hawkishness.&#34;</p><p>The bursting of superbubbles has multiple stages, according to Grantham.</p><p>First the bubble forms and then a &#34;setback&#34; in valuations -- such as the one seen in the first half of 2022 -- occurs as investors come to realize &#34;perfection&#34; won&#39;t last, he said. &#34;Then there is what we have just seen -- the bear-market rally,&#34; before finally &#34;fundamentals deteriorate&#34; and the market drops to a low.</p><p>&#34;Bear-market rallies in superbubbles are easier and faster than any other rallies,&#34; he said. &#34;Investors surmise, this stock sold for $100 6 months ago, so now at $50, or $60, or $70, it must be cheap.&#34;</p><p>At the intraday peak on Aug. 16, the S&amp;P 500 had made back 58% of its losses since its June low, according to Grantham. That was &#34;eerily similar to these other historic superbubbles.&#34;</p><p>For example, &#34;from the November low in 1929 to the April 1930 high, the market rallied 46% -- a 55% recovery of the loss from the peak,&#34; he said.</p><p>He also highlighted  the &#34;speed and scale&#34; of other bear-market rallies.</p><p>&#34;In 1973, the summer rally after the initial decline recovered 59% of the S&amp;P 500&#39;s total loss from the high,&#34; he wrote. More recently, in 2000, Grantham wrote that &#34;the Nasdaq (which had been the main event of the tech bubble) recovered 60% of its initial losses in just 2 months.&#34;</p><p>U.S. stocks ended lower Wednesday, with all three major benchmarks booking a fourth straight day of declines on the final day of August. The Dow Jones Industrial Average  dropped 0.9%, while the S&amp;P 500  fell 0.8% and the technology-heavy Nasdaq Composite  slid 0.6%.</p><p>&#34;Economic data inevitably lags major turning points in the economy,&#34; said Grantham. &#34;To make matters worse, at the turn of events like 2000 and 2007, data series like corporate profits and employment can subsequently be massively revised downwards.&#34;</p><p>&#34;It is during this lag that the bear-market rally typically occurs,&#34; he said. And now the current superbubble appears to have &#34;paused between the third and final act,&#34; according to Grantham.</p><p>&#34;Prepare for an epic finale,&#34; he said. &#34;If history repeats, the play will once again be a Tragedy. We must hope this time for a minor one.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"Prepare for an Epic Finale\": Jeremy Grantham Warns \"Tragedy\" Looms as \"Superbubble\" May Burst</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\">\n\"Prepare for an Epic Finale\": Jeremy Grantham Warns \"Tragedy\" Looms as \"Superbubble\" May Burst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-01 07:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e30283c0fa974f75392c6e017fc03beb\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and final act.</span></p><p>A &#34;superbubble&#34; appears dangerously near its &#34;final act&#34; after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential &#34;tragedy,&#34; according to Jeremy Grantham, the legendary co-founder of Boston-based investment firm GMO.</p><p>Grantham, who has repeatedly warned investors of a bubble in markets, said in a paper Wednesday that &#34;superbubbles are events unlike any others&#34; and share some common features.</p><p>&#34;One of those features is the bear-market rally after the initial derating stage of the decline but before the economy has clearly begun to deteriorate, as it always has when superbubbles burst,&#34; said Grantham. &#34;This, in all three previous cases, recovered over half the market&#39;s initial losses, luring unwary investors back just in time for the market to turn down again, only more viciously, and the economy to weaken. This summer&#39;s rally has so far perfectly fit the pattern.&#34;</p><p>The U.S. stock market tumbled during the first half of 2022 as investors anticipated soaring inflation would lead to a hawkish Federal Reserve. The S&amp;P 500 closed at a low this year of 3,666.77 on June 16, before surging over the summer along with other stock benchmarks amid investor optimism over signs that the highest inflation in decades was easing.</p><p>Fed Chair Jerome Powell recently ended that rally with his Aug. 26 speech at the Jackson Hole, Wyo., economic symposium, wiping out this month&#39;s gains as he reiterated that the central bank would keep tightening its monetary policy to tame soaring inflation. He warned that the Fed would battle inflation until the job was done, even as it may bring pain to households and businesses.</p><p>&#34;The U.S. stock market remains very expensive and an increase in inflation like the one this year has always hurt multiples, although more slowly than normal this time,&#34; Grantham said. &#34;But now the fundamentals have also started to deteriorate enormously and surprisingly: Between COVID in China, war in Europe, food and energy crises, record fiscal tightening, and more, the outlook is far grimmer than could have been foreseen in January.&#34;</p><p>Grantham had warned in a January paper that the U.S. was approaching the end of a &#34;superbubble&#34; spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID-19 pandemic.</p><p>In his paper Wednesday, Grantham said &#34;the current superbubble features an unprecedentedly dangerous mix of cross-asset overvaluation (with bonds, housing, and stocks all critically overpriced and now rapidly losing momentum), commodity shock, and Fed hawkishness.&#34;</p><p>The bursting of superbubbles has multiple stages, according to Grantham.</p><p>First the bubble forms and then a &#34;setback&#34; in valuations -- such as the one seen in the first half of 2022 -- occurs as investors come to realize &#34;perfection&#34; won&#39;t last, he said. &#34;Then there is what we have just seen -- the bear-market rally,&#34; before finally &#34;fundamentals deteriorate&#34; and the market drops to a low.</p><p>&#34;Bear-market rallies in superbubbles are easier and faster than any other rallies,&#34; he said. &#34;Investors surmise, this stock sold for $100 6 months ago, so now at $50, or $60, or $70, it must be cheap.&#34;</p><p>At the intraday peak on Aug. 16, the S&amp;P 500 had made back 58% of its losses since its June low, according to Grantham. That was &#34;eerily similar to these other historic superbubbles.&#34;</p><p>For example, &#34;from the November low in 1929 to the April 1930 high, the market rallied 46% -- a 55% recovery of the loss from the peak,&#34; he said.</p><p>He also highlighted  the &#34;speed and scale&#34; of other bear-market rallies.</p><p>&#34;In 1973, the summer rally after the initial decline recovered 59% of the S&amp;P 500&#39;s total loss from the high,&#34; he wrote. More recently, in 2000, Grantham wrote that &#34;the Nasdaq (which had been the main event of the tech bubble) recovered 60% of its initial losses in just 2 months.&#34;</p><p>U.S. stocks ended lower Wednesday, with all three major benchmarks booking a fourth straight day of declines on the final day of August. The Dow Jones Industrial Average  dropped 0.9%, while the S&amp;P 500  fell 0.8% and the technology-heavy Nasdaq Composite  slid 0.6%.</p><p>&#34;Economic data inevitably lags major turning points in the economy,&#34; said Grantham. &#34;To make matters worse, at the turn of events like 2000 and 2007, data series like corporate profits and employment can subsequently be massively revised downwards.&#34;</p><p>&#34;It is during this lag that the bear-market rally typically occurs,&#34; he said. And now the current superbubble appears to have &#34;paused between the third and final act,&#34; according to Grantham.</p><p>&#34;Prepare for an epic finale,&#34; he said. &#34;If history repeats, the play will once again be a Tragedy. We must hope this time for a minor one.&#34;</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","UPRO":"三倍做多标普500ETF","BK4504":"桥水持仓","SPY":"标普500ETF","BK4550":"红杉资本持仓","OEX":"标普100","BK4559":"巴菲特持仓",".SPX":"S&P 500 Index","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","SSO":"两倍做多标普500ETF","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264232068","content_text":"Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and final act.A \"superbubble\" appears dangerously near its \"final act\" after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential \"tragedy,\" according to Jeremy Grantham, the legendary co-founder of Boston-based investment firm GMO.Grantham, who has repeatedly warned investors of a bubble in markets, said in a paper Wednesday that \"superbubbles are events unlike any others\" and share some common features.\"One of those features is the bear-market rally after the initial derating stage of the decline but before the economy has clearly begun to deteriorate, as it always has when superbubbles burst,\" said Grantham. \"This, in all three previous cases, recovered over half the market's initial losses, luring unwary investors back just in time for the market to turn down again, only more viciously, and the economy to weaken. This summer's rally has so far perfectly fit the pattern.\"The U.S. stock market tumbled during the first half of 2022 as investors anticipated soaring inflation would lead to a hawkish Federal Reserve. The S&P 500 closed at a low this year of 3,666.77 on June 16, before surging over the summer along with other stock benchmarks amid investor optimism over signs that the highest inflation in decades was easing.Fed Chair Jerome Powell recently ended that rally with his Aug. 26 speech at the Jackson Hole, Wyo., economic symposium, wiping out this month's gains as he reiterated that the central bank would keep tightening its monetary policy to tame soaring inflation. He warned that the Fed would battle inflation until the job was done, even as it may bring pain to households and businesses.\"The U.S. stock market remains very expensive and an increase in inflation like the one this year has always hurt multiples, although more slowly than normal this time,\" Grantham said. \"But now the fundamentals have also started to deteriorate enormously and surprisingly: Between COVID in China, war in Europe, food and energy crises, record fiscal tightening, and more, the outlook is far grimmer than could have been foreseen in January.\"Grantham had warned in a January paper that the U.S. was approaching the end of a \"superbubble\" spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID-19 pandemic.In his paper Wednesday, Grantham said \"the current superbubble features an unprecedentedly dangerous mix of cross-asset overvaluation (with bonds, housing, and stocks all critically overpriced and now rapidly losing momentum), commodity shock, and Fed hawkishness.\"The bursting of superbubbles has multiple stages, according to Grantham.First the bubble forms and then a \"setback\" in valuations -- such as the one seen in the first half of 2022 -- occurs as investors come to realize \"perfection\" won't last, he said. \"Then there is what we have just seen -- the bear-market rally,\" before finally \"fundamentals deteriorate\" and the market drops to a low.\"Bear-market rallies in superbubbles are easier and faster than any other rallies,\" he said. \"Investors surmise, this stock sold for $100 6 months ago, so now at $50, or $60, or $70, it must be cheap.\"At the intraday peak on Aug. 16, the S&P 500 had made back 58% of its losses since its June low, according to Grantham. That was \"eerily similar to these other historic superbubbles.\"For example, \"from the November low in 1929 to the April 1930 high, the market rallied 46% -- a 55% recovery of the loss from the peak,\" he said.He also highlighted  the \"speed and scale\" of other bear-market rallies.\"In 1973, the summer rally after the initial decline recovered 59% of the S&P 500's total loss from the high,\" he wrote. More recently, in 2000, Grantham wrote that \"the Nasdaq (which had been the main event of the tech bubble) recovered 60% of its initial losses in just 2 months.\"U.S. stocks ended lower Wednesday, with all three major benchmarks booking a fourth straight day of declines on the final day of August. The Dow Jones Industrial Average  dropped 0.9%, while the S&P 500  fell 0.8% and the technology-heavy Nasdaq Composite  slid 0.6%.\"Economic data inevitably lags major turning points in the economy,\" said Grantham. \"To make matters worse, at the turn of events like 2000 and 2007, data series like corporate profits and employment can subsequently be massively revised downwards.\"\"It is during this lag that the bear-market rally typically occurs,\" he said. And now the current superbubble appears to have \"paused between the third and final act,\" according to Grantham.\"Prepare for an epic finale,\" he said. \"If history repeats, the play will once again be a Tragedy. We must hope this time for a minor one.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930349483,"gmtCreate":1661907482344,"gmtModify":1676536601147,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930349483","repostId":"1113965751","repostType":4,"repost":{"id":"1113965751","pubTimestamp":1661903685,"share":"https://ttm.financial/m/news/1113965751?lang=&edition=fundamental","pubTime":"2022-08-31 07:54","market":"us","language":"en","title":"Fed Gets New Path to Go Big as Job Openings, Confidence Surprise","url":"https://stock-news.laohu8.com/highlight/detail?id=1113965751","media":"Bloomberg","summary":"Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tam","content":"<html><head></head><body><ul><li>Two indicators top forecasts, pointing to strength in demand</li><li>Strong data complicates Fed’s job to tamp down inflation</li></ul><p>US jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.</p><p>The Conference Board’s August index of sentiment rose to athree-month high, and the report also showed firmer buying plans for appliances and cars. Job vacancies, meanwhile, unexpectedly increased to11.2 millionin July, close to a record and underscoring persistent tightness in the labor market.</p><p>One job-market indicator scrutinized by Fed Chair Jerome Powell -- the number of jobs available per unemployed person in the country -- rose to about 2 in July.</p><p>Combined, the figures show rock-solid labor demand and resilient household demand even as US central bankers step harder on the monetary policy brakes. Without a commensurate slowdown in consumer spending and an easing of wage pressure, the Fed’s fight to bring inflation down from decades-high levels will be that much more difficult.</p><p>“The Fed’s efforts to temper demand for labor still have a long way to go,” Wells Fargo &amp; Co. economists Sarah House and Michael Pugliese said in a note. “The ratio of job openings per unemployed worker rebounded back up to 2.0 in another sign that the stark imbalances between the supply and demand for workers have yet to ease, let alone resolve.”</p><p><img src=\"https://static.tigerbbs.com/9304bb5e71fbdfaa54762661a5c72e95\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Powell said in a speech Friday at the Kansas City Fed’s annual policy forum in Jackson Hole, Wyoming, that bringing price pressures down toward the Fed’s 2% target was the central bank’s “overarching focus right now.”</p><p>Fed officials lifted rates by 75 basis points at each of their last two meetings and Powell has said that another unusually large increase of this size could be on the table when they next meet Sept. 20-21. Policy makers have said the decision will be determined by economic data, including the monthly jobs report due Friday and another update on consumer prices that will be released in two weeks.</p><p>The surprise strength in Tuesday’s indicators suggests that labor demand isn’t likely to abate soon, in spite of the rising interest rates. The consumer confidence gauge showed that Americans are growing more optimistic about the economy amid falling gasoline prices -- even as the costs of other essential items including food continue to rise at a quick pace.</p><p>“That lends itself to the narrative that if consumers are more confident, they’ll keep on spending, and maybe that means inflationary pressures that will keep the Fed on their tightening path,” said Derek Holt, an economist at Scotiabank who expects the Fed to raise rates by 75 basis points in September.</p><p>Following hawkish comments from Powell and other policy makers in Jackson Hole, investors are leaning toward a 75-basis-point hike, according to prices of futures contracts linked to the US central bank’s benchmark rate.</p><p>On the job-market front, vacancies have exceeded 11 million for eight-straight months and the unemployment rate remains historically low.</p><p>Some of the largest increases in vacancies were in retail trade, and transportation, warehousing and utilities. Arts, entertainment and recreation also posted more openings from the prior month, and so did federal government and state and local government education.</p><blockquote>“Demand for labor shows no sign of cooling despite the Fed’s efforts to slow it down. Job openings failed to decline in July and the ratio of job openings per unemployed -- one of the Fed’s preferred measures of labor-market tightness -- remained near a record high. That suggests the central bank needs to keep on an aggressive rate-hike course, tipping the scale toward a 75-basis-point increase at the September FOMC meeting.”</blockquote><blockquote>-- Eliza Winger, economist</blockquote><p>Some measures did indicate a slight tempering of wage growth down the road. The share of Americans quitting their private-sector jobseased last monthto the lowest level since May 2021.</p><p>In the Conference Board report, the share of consumers who said jobs were “plentiful” decreased slightly to 48%. However, six months from now, more respondents expected business conditions to improve. They said they are slightly more positive about their short-term financial prospects.</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>Fed Gets New Path to Go Big as Job Openings, Confidence Surprise</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Gets New Path to Go Big as Job Openings, Confidence Surprise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tamp down inflationUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113965751","content_text":"Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tamp down inflationUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.The Conference Board’s August index of sentiment rose to athree-month high, and the report also showed firmer buying plans for appliances and cars. Job vacancies, meanwhile, unexpectedly increased to11.2 millionin July, close to a record and underscoring persistent tightness in the labor market.One job-market indicator scrutinized by Fed Chair Jerome Powell -- the number of jobs available per unemployed person in the country -- rose to about 2 in July.Combined, the figures show rock-solid labor demand and resilient household demand even as US central bankers step harder on the monetary policy brakes. Without a commensurate slowdown in consumer spending and an easing of wage pressure, the Fed’s fight to bring inflation down from decades-high levels will be that much more difficult.“The Fed’s efforts to temper demand for labor still have a long way to go,” Wells Fargo & Co. economists Sarah House and Michael Pugliese said in a note. “The ratio of job openings per unemployed worker rebounded back up to 2.0 in another sign that the stark imbalances between the supply and demand for workers have yet to ease, let alone resolve.”Powell said in a speech Friday at the Kansas City Fed’s annual policy forum in Jackson Hole, Wyoming, that bringing price pressures down toward the Fed’s 2% target was the central bank’s “overarching focus right now.”Fed officials lifted rates by 75 basis points at each of their last two meetings and Powell has said that another unusually large increase of this size could be on the table when they next meet Sept. 20-21. Policy makers have said the decision will be determined by economic data, including the monthly jobs report due Friday and another update on consumer prices that will be released in two weeks.The surprise strength in Tuesday’s indicators suggests that labor demand isn’t likely to abate soon, in spite of the rising interest rates. The consumer confidence gauge showed that Americans are growing more optimistic about the economy amid falling gasoline prices -- even as the costs of other essential items including food continue to rise at a quick pace.“That lends itself to the narrative that if consumers are more confident, they’ll keep on spending, and maybe that means inflationary pressures that will keep the Fed on their tightening path,” said Derek Holt, an economist at Scotiabank who expects the Fed to raise rates by 75 basis points in September.Following hawkish comments from Powell and other policy makers in Jackson Hole, investors are leaning toward a 75-basis-point hike, according to prices of futures contracts linked to the US central bank’s benchmark rate.On the job-market front, vacancies have exceeded 11 million for eight-straight months and the unemployment rate remains historically low.Some of the largest increases in vacancies were in retail trade, and transportation, warehousing and utilities. Arts, entertainment and recreation also posted more openings from the prior month, and so did federal government and state and local government education.“Demand for labor shows no sign of cooling despite the Fed’s efforts to slow it down. Job openings failed to decline in July and the ratio of job openings per unemployed -- one of the Fed’s preferred measures of labor-market tightness -- remained near a record high. That suggests the central bank needs to keep on an aggressive rate-hike course, tipping the scale toward a 75-basis-point increase at the September FOMC meeting.”-- Eliza Winger, economistSome measures did indicate a slight tempering of wage growth down the road. The share of Americans quitting their private-sector jobseased last monthto the lowest level since May 2021.In the Conference Board report, the share of consumers who said jobs were “plentiful” decreased slightly to 48%. However, six months from now, more respondents expected business conditions to improve. They said they are slightly more positive about their short-term financial prospects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997593950,"gmtCreate":1661819910072,"gmtModify":1676536584617,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997593950","repostId":"2263109101","repostType":4,"repost":{"id":"2263109101","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":1661814937,"share":"https://ttm.financial/m/news/2263109101?lang=&edition=fundamental","pubTime":"2022-08-30 07:15","market":"us","language":"en","title":"Stocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2263109101","media":"Dow Jones","summary":"As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand ","content":"<html><head></head><body><p>As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&amp;P 500.</p><p>Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn&#39;t presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&amp;P 500  might be enough to change his mind.</p><p>&#34;At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,&#34; Krinsky said.</p><p><img src=\"https://static.tigerbbs.com/dce469daebbdb715f6ef8c9f67b0682c\" tg-width=\"700\" tg-height=\"459\" width=\"100%\" height=\"auto\"/></p><p>Krinsky is hardly alone in expecting more pain for stocks in the near term.</p><p>Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday&#39;s drawdown marked the seventh time this year that the S&amp;P 500 has fallen by 3% or more in a single session.</p><p>Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&amp;P 500 has been minus 0.4%.</p><p>&#34;The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday&#39;s rout. In fact, one could justify being quite cautious here,&#34; Colas said.</p><p>Krinsky also highlighted some discouraging trends in Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, one of the market&#39;s most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.</p><p>According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock&#39;s 50-day moving average by one of the largest margins seen over the past 7 years.</p><p>Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.</p><p><img src=\"https://static.tigerbbs.com/3fc468dc195080754276338746d44c6b\" tg-width=\"700\" tg-height=\"434\" width=\"100%\" height=\"auto\"/></p><p>Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical &#34;correction protection model&#34; has shifted to &#34;risk off&#34; territory, after spending a month in &#34;risk on.&#34;</p><p>As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.</p><p><img src=\"https://static.tigerbbs.com/a0f936b030d3c4a047fd0d3c9afe0015\" tg-width=\"700\" tg-height=\"606\" width=\"100%\" height=\"auto\"/></p><p>Since 2011, Asbury&#39;s defensive model has on average underperformed the S&amp;P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.</p><p>One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&amp;P 500 options, climbed above 26 on Monday.</p><p>&#34;Investors likely won&#39;t see an all-clear until the gauge tops 30,&#34; Colas said.</p><p>The main indexes were all in the red around midday on Monday, with the S&amp;P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .</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>Stocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say</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\">\nStocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-30 07:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&amp;P 500.</p><p>Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn&#39;t presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&amp;P 500  might be enough to change his mind.</p><p>&#34;At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,&#34; Krinsky said.</p><p><img src=\"https://static.tigerbbs.com/dce469daebbdb715f6ef8c9f67b0682c\" tg-width=\"700\" tg-height=\"459\" width=\"100%\" height=\"auto\"/></p><p>Krinsky is hardly alone in expecting more pain for stocks in the near term.</p><p>Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday&#39;s drawdown marked the seventh time this year that the S&amp;P 500 has fallen by 3% or more in a single session.</p><p>Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&amp;P 500 has been minus 0.4%.</p><p>&#34;The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday&#39;s rout. In fact, one could justify being quite cautious here,&#34; Colas said.</p><p>Krinsky also highlighted some discouraging trends in Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, one of the market&#39;s most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.</p><p>According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock&#39;s 50-day moving average by one of the largest margins seen over the past 7 years.</p><p>Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.</p><p><img src=\"https://static.tigerbbs.com/3fc468dc195080754276338746d44c6b\" tg-width=\"700\" tg-height=\"434\" width=\"100%\" height=\"auto\"/></p><p>Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical &#34;correction protection model&#34; has shifted to &#34;risk off&#34; territory, after spending a month in &#34;risk on.&#34;</p><p>As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.</p><p><img src=\"https://static.tigerbbs.com/a0f936b030d3c4a047fd0d3c9afe0015\" tg-width=\"700\" tg-height=\"606\" width=\"100%\" height=\"auto\"/></p><p>Since 2011, Asbury&#39;s defensive model has on average underperformed the S&amp;P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.</p><p>One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&amp;P 500 options, climbed above 26 on Monday.</p><p>&#34;Investors likely won&#39;t see an all-clear until the gauge tops 30,&#34; Colas said.</p><p>The main indexes were all in the red around midday on Monday, with the S&amp;P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .</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","UPRO":"三倍做多标普500ETF","BK4559":"巴菲特持仓","IVV":"标普500指数ETF","BK4550":"红杉资本持仓","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF","SPY":"标普500ETF",".SPX":"S&P 500 Index","BK4581":"高盛持仓","BK4504":"桥水持仓","SSO":"两倍做多标普500ETF","AMZN":"亚马逊","SDS":"两倍做空标普500ETF","AAPL":"苹果","SH":"标普500反向ETF","BK4534":"瑞士信贷持仓","OEX":"标普100"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2263109101","content_text":"As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&P 500.Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn't presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&P 500  might be enough to change his mind.\"At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,\" Krinsky said.Krinsky is hardly alone in expecting more pain for stocks in the near term.Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday's drawdown marked the seventh time this year that the S&P 500 has fallen by 3% or more in a single session.Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&P 500 has been minus 0.4%.\"The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday's rout. In fact, one could justify being quite cautious here,\" Colas said.Krinsky also highlighted some discouraging trends in Apple Inc. $(AAPL)$, one of the market's most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock's 50-day moving average by one of the largest margins seen over the past 7 years.Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical \"correction protection model\" has shifted to \"risk off\" territory, after spending a month in \"risk on.\"As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.Since 2011, Asbury's defensive model has on average underperformed the S&P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&P 500 options, climbed above 26 on Monday.\"Investors likely won't see an all-clear until the gauge tops 30,\" Colas said.The main indexes were all in the red around midday on Monday, with the S&P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997986008,"gmtCreate":1661733897307,"gmtModify":1676536568542,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997986008","repostId":"1132773438","repostType":4,"repost":{"id":"1132773438","pubTimestamp":1661732222,"share":"https://ttm.financial/m/news/1132773438?lang=&edition=fundamental","pubTime":"2022-08-29 08:17","language":"en","title":"ASX Opens 2% Lower, Led by a 3.8% Fall by the Technology Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=1132773438","media":"australian financial review","summary":"The S&P/ASX 200 dropped 2 per cent, or 140.7 points, to 6963.4 in the opening minutes of trade, foll","content":"<html><head></head><body><p>The S&amp;P/ASX 200 dropped 2 per cent, or 140.7 points, to 6963.4 in the opening minutes of trade, following the sell-off on Wall Street on Friday.</p><p>All 11 sharemarket sectors were lowed, led by a 3.8 per cent fall by the technology sector.</p><p>Fortescue declined 1 per cent to $19.68 despite announcing better-than-expected profits and dividends. Mineral Resources tumbled 3.6 per cent to $62.76 after reporting its results this morning.</p><p>Zip dropped 5.6 per cent to 85¢, Life360 fell 8.9 per cent to $4.80 and Block tumbled 6.7 per cent to $98.74. All four major banks were down between 1.6 per cent and 2 per cent.</p><p>A2 Milk jumped 7.1 per cent to $5.26 after announcing its plans to launch a $136 million buyback.</p><p></p></body></html>","source":"afr_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>ASX Opens 2% Lower, Led by a 3.8% Fall by the Technology Sector</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\">\nASX Opens 2% Lower, Led by a 3.8% Fall by the Technology Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-29 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-fall-wall-st-sinks-fortescue-to-report-20220829-p5bdgd><strong>australian financial review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P/ASX 200 dropped 2 per cent, or 140.7 points, to 6963.4 in the opening minutes of trade, following the sell-off on Wall Street on Friday.All 11 sharemarket sectors were lowed, led by a 3.8 per ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-fall-wall-st-sinks-fortescue-to-report-20220829-p5bdgd\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-fall-wall-st-sinks-fortescue-to-report-20220829-p5bdgd","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132773438","content_text":"The S&P/ASX 200 dropped 2 per cent, or 140.7 points, to 6963.4 in the opening minutes of trade, following the sell-off on Wall Street on Friday.All 11 sharemarket sectors were lowed, led by a 3.8 per cent fall by the technology sector.Fortescue declined 1 per cent to $19.68 despite announcing better-than-expected profits and dividends. Mineral Resources tumbled 3.6 per cent to $62.76 after reporting its results this morning.Zip dropped 5.6 per cent to 85¢, Life360 fell 8.9 per cent to $4.80 and Block tumbled 6.7 per cent to $98.74. All four major banks were down between 1.6 per cent and 2 per cent.A2 Milk jumped 7.1 per cent to $5.26 after announcing its plans to launch a $136 million buyback.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997988295,"gmtCreate":1661733879820,"gmtModify":1676536568533,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997988295","repostId":"1164924578","repostType":4,"repost":{"id":"1164924578","pubTimestamp":1661727544,"share":"https://ttm.financial/m/news/1164924578?lang=&edition=fundamental","pubTime":"2022-08-29 06:59","market":"us","language":"en","title":"Jobs in Focus after Hawkish Powell Speech: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1164924578","media":"Yahoo Finance","summary":"The latest monthly jobs report is this week’s main attraction as investors barrel into September.Aug","content":"<html><head></head><body><p>The latest monthly jobs report is this week’s main attraction as investors barrel into September.</p><p>August employment data from the Labor Department is set for release at 8:30 a.m. ET Friday morning, and is expected to show another strong month for the U.S. labor market. Economists expect nonfarm payrolls rose by 300,000 in August, according to data from Bloomberg.</p><p>The figure is likely to serve a key role in dictating the Federal Reserve’s next rate decision at its policy-setting meeting later this month. Investors will keep a close eye on jobs data after Fed Chair Jerome Powell asserted in ahawkish speech at the Jackson Hole symposium Fridayhe is willing to accept a softening labor market in exchange for mitigating inflation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/354281bbcc2edd592cdebfe0f8a5a9a9\" tg-width=\"705\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/><span>Jerome Powell, chair of the Federal Reserve walks in Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 26, 2022. REUTERS/Jim Urquhart</span></p><p>“If there is a conflict in the Fed’s two mandates as they work to slow inflation, Chair Powell ranks price stability head and shoulders above maximum employment,” Jeff Klingelhofer, co-head of investments at Thornburg Investment Management said in a note on Friday.</p><p>Powell’sremarks sent markets tumbling, with all three major averages settling at four-week lows on Friday.</p><p>The Nasdaq plunged 3.9%, and the S&amp;P 500 shed 3.3%, with both indexes logging their biggest one-day drops since June 13. The Dow Jones Industrial Average erased 1,000 points, or roughly 3% on Friday.</p><p>“There will very likely be some softening of labor market conditions,” Powell said in his speech.</p><p>“While higher interest rates, slower growth and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses,” Powell added. “These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain.”</p><p>Up until Friday, some market participants had expected the U.S. central bank may pivot in its monetary tightening plans, but Powell and other officials have pushed back on the possibility of notching down rate hikes this year.</p><p>Inflation has shown signs of moderating, but continues to run sharply higher than the Federal Reserve’s target of 2%. Data from the Bureau of Economic Analysis on Friday showed consumer prices fell slightly last month, with headline PCE falling 0.1% between June and July, driven primarily by a 4.8% decline in energy prices. On a year-over-year basis, headline PCE rose 6.3% in July.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f62c6fb463c5b5689ca97018d6f8a7f6\" tg-width=\"705\" tg-height=\"483\" referrerpolicy=\"no-referrer\"/><span>David Malpass, president of the World Bank Group, looks on next to a stuffed grizzly bear at Teton National Park, where financial leaders from around the world gathered for the Jackson Hole Economic Symposium, outside Jackson, Wyoming, U.S., August 26, 2022. REUTERS/Jim Urquhart</span></p><p>And core PCE, the Fed&#39;s preferred measure of inflation, rose 0.1% month-on-month in July and 4.6% from the prior year, marking the lowest annual increase since October 2021.</p><p>Still, Powell indicated another “unusually large” rate hike was possible in September after the central bank raised rates by 75 basis points inJuneandJuly.</p><p>&#34;Restoring price stability will likely require maintaining a restrictive policy stance for some time,&#34; Powell said. &#34;The historical record cautions strongly against prematurely loosening policy.”</p><p>Elsewhere in labor market data,ADP will resume its private payrolls reportwith new a methodology on Wednesday after a temporary pause in June and July. Economists surveyed by Bloomberg expect the release to show 300,000 private payrolls were added in August.</p><p>ADP&#39;s monthly private jobs report comes two days before the Labor Department releases its official jobs report. While the company’s print is an imperfect precursor to the government’s release, it offers a snapshot of job growth during the period.</p><p>The Job Openings and Labor Turnover Survey (JOLTS), Challenger Job Cuts, and initial weekly jobless claims are also on the docket of employment data set for release this week.</p><p>On the earnings front, the reporting season has largely wound down, but a few potentially market-moving results are still on tap. Traders will get figures from headliners including Best Buy (BBY), HP (HPQ), Big Lots (BIG), Chewy (CHWY), Lululemon Athletica (LULU), and Broadcom (AVGO).</p><p>—</p><h2>Economic Calendar</h2><p><b>Monday:Dallas Fed Manufacturing Activity</b>, August (-12.7 expected, -22.6 during prior month)</p><p><b>Tuesday: FHFA House Pricing Index</b>, month-over-month, June (0.8% expected, 1.4% during prior month);<b>House Price Purchasing Index</b>, quarter-over-quarter, Q2 (4.6% during prior quarter);<b>S&amp;P CoreLogic Case-Shiller 20-City Composite</b>, month-over-month, June (0.90% expected, 1.32% during prior month);<b>S&amp;P CoreLogic Case-Shiller 20-City Composite</b>, year-over-year, June (19.20% expected, 20.50% during prior month);<b>S&amp;P CoreLogic Case-Shiller U.S. National Home Price Index</b>, year-over-year, June (19.75% during prior month);<b>Conference Board Consumer Confidence</b>, August (97.7 expected, 95.7 during prior month);<b>JOLTS Job openings</b>, July (10.475 million expected, 10.698 million during prior month)</p><p><b>Wednesday: MBA Mortgage Applications</b>, week ended August 26 (-1.2% during prior week);<b>ADP Employment Change</b>, August (300,000 expected);<b>MNI Chicago PMI</b>, August (52.5 expected, 52.1 during prior month)</p><p><b>Thursday: Challenger Job Cuts</b>, year-over-year, August (36.3% during prior month);<b>Initial Jobless Claims</b>, week ended August 27 (249,000 expected, 243,000 during prior week);<b>Continuing Claims</b>, week ended August 20 (1.450 million expected, 1.415 million during prior week);<b>Nonfarm Productivity</b>, Q1 final (-7.5% expected, 7.5% during prior month);<b>S&amp;P Global U.S. Composite PMI</b>, August final (51.3 expected, 51.3 during prior month);<b>Construction Spending</b>, month-over-month, July (-0.1% expected, -1.1% during prior month);<b>ISM Manufacturing</b>, August (52.0 expected, 52.8 during prior month);<b>ISM Prices Paid</b>, March (60.0 during prior month);<b>ISM New Orders</b>, August (48.0 during prior month);<b>ISM Employment</b>, August (49.9 during prior month);<b>WARDS Total Vehicle Sales</b>, August (13.50 million expected, 13.35 million prior month)</p><p><b>Friday: Nonfarm Payrolls</b>, August (300,000 expected, 528,000 during prior month);<b>Unemployment Rate</b>, August (3.5% expected, 3.5% during prior month);<b>Average Hourly Earnings</b>, month-over-month, August (0.4% expected, 0.5% during prior month);<b>Average Hourly Earnings</b>, year-over-year, August (5.2% expected, 5.2% prior month);<b>Average Weekly Hours All Employees</b>, August (34.6 expected, 34.6 during prior month);<b>Labor Force Participation Rate</b>, August (62.2% expected, 62.1% during prior month);<b>Underemployment Rate</b>, August (6.7% during prior month);<b>Factory Orders</b>, July (0.2% expected, 2.0% during prior month);<b>Durable Goods Orders</b>, July final (0.0% expected, 0.0% during prior month);<b>Durables excluding transportation</b>, July final (0.3% expected, 0.3% during prior month);<b>Non-defense capital goods orders excluding aircraft</b>, July final (0.4% during prior month);<b>Non-defense capital goods shipments excluding aircraft</b>, July final (0.7% during prior month)</p><p>—</p><h2>Earnings Calendar:</h2><p><b>Monday: Catalent</b>(CTLT),<b>SelectQuote</b>(SLQT)</p><p><b>Tuesday: Best</b> <b>Buy</b>(BBY),<b>HP</b>(HPQ),<b>Ambarella</b>(AMBA),<b>Baidu</b>(BIDU),<b>Big</b> <b>Lots</b>(BIG),<b>Chewy</b>(CHWY)<b>Conn&#39;s</b>(CONN),<b>CrowdStrike</b>(CRWD),<b>Hewlett Packard Enterprise</b>(HPE),<b>Photronics</b>(PLAB)</p><p><b>Wednesday:Anaplan</b>(PLAN),<b>Cooper</b>(COO),<b>DesignerBrands</b>(DBI),<b>Donaldson</b>(DCI),<b>FiveBelow</b>(FIVE),<b>MongoDB</b>(MDB),<b>Okta</b>(OKTA),<b>PureStorage</b>(PSTG),<b>Semtech</b>(SMTC),<b>VeevaSystems</b>(VEEV),<b>Vera Bradley</b>(VRA)</p><p><b>Thursday: LululemonAthletica</b>(LULU),<b>Broadcom</b>(AVGO),<b>CampbellSoup</b>(CPB),<b>Ciena</b>(CIEN),<b>Genesco</b>(GCO),<b>Hormel</b> <b>Foods</b>(HRL),<b>JOANN</b>(JOAN),<b>Ollie’s Bargain Outlet</b>(OLLI),<b>SecureWorks</b>(SCWX),<b>Signet Jewelers</b>(SIG),<b>Sportsman&#39;s Warehouse</b>(SPWH),<b>Toro</b>(TTC),<b>Weibo</b>(WB)</p><p><b>Friday:</b><i>No notable reports scheduled for release.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jobs in Focus after Hawkish Powell Speech: What to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJobs in Focus after Hawkish Powell Speech: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-29 06:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-week-ahead-retail-preview-august-28-203253255.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The latest monthly jobs report is this week’s main attraction as investors barrel into September.August employment data from the Labor Department is set for release at 8:30 a.m. ET Friday morning, and...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-week-ahead-retail-preview-august-28-203253255.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/stock-market-week-ahead-retail-preview-august-28-203253255.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164924578","content_text":"The latest monthly jobs report is this week’s main attraction as investors barrel into September.August employment data from the Labor Department is set for release at 8:30 a.m. ET Friday morning, and is expected to show another strong month for the U.S. labor market. Economists expect nonfarm payrolls rose by 300,000 in August, according to data from Bloomberg.The figure is likely to serve a key role in dictating the Federal Reserve’s next rate decision at its policy-setting meeting later this month. Investors will keep a close eye on jobs data after Fed Chair Jerome Powell asserted in ahawkish speech at the Jackson Hole symposium Fridayhe is willing to accept a softening labor market in exchange for mitigating inflation.Jerome Powell, chair of the Federal Reserve walks in Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 26, 2022. REUTERS/Jim Urquhart“If there is a conflict in the Fed’s two mandates as they work to slow inflation, Chair Powell ranks price stability head and shoulders above maximum employment,” Jeff Klingelhofer, co-head of investments at Thornburg Investment Management said in a note on Friday.Powell’sremarks sent markets tumbling, with all three major averages settling at four-week lows on Friday.The Nasdaq plunged 3.9%, and the S&P 500 shed 3.3%, with both indexes logging their biggest one-day drops since June 13. The Dow Jones Industrial Average erased 1,000 points, or roughly 3% on Friday.“There will very likely be some softening of labor market conditions,” Powell said in his speech.“While higher interest rates, slower growth and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses,” Powell added. “These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain.”Up until Friday, some market participants had expected the U.S. central bank may pivot in its monetary tightening plans, but Powell and other officials have pushed back on the possibility of notching down rate hikes this year.Inflation has shown signs of moderating, but continues to run sharply higher than the Federal Reserve’s target of 2%. Data from the Bureau of Economic Analysis on Friday showed consumer prices fell slightly last month, with headline PCE falling 0.1% between June and July, driven primarily by a 4.8% decline in energy prices. On a year-over-year basis, headline PCE rose 6.3% in July.David Malpass, president of the World Bank Group, looks on next to a stuffed grizzly bear at Teton National Park, where financial leaders from around the world gathered for the Jackson Hole Economic Symposium, outside Jackson, Wyoming, U.S., August 26, 2022. REUTERS/Jim UrquhartAnd core PCE, the Fed's preferred measure of inflation, rose 0.1% month-on-month in July and 4.6% from the prior year, marking the lowest annual increase since October 2021.Still, Powell indicated another “unusually large” rate hike was possible in September after the central bank raised rates by 75 basis points inJuneandJuly.\"Restoring price stability will likely require maintaining a restrictive policy stance for some time,\" Powell said. \"The historical record cautions strongly against prematurely loosening policy.”Elsewhere in labor market data,ADP will resume its private payrolls reportwith new a methodology on Wednesday after a temporary pause in June and July. Economists surveyed by Bloomberg expect the release to show 300,000 private payrolls were added in August.ADP's monthly private jobs report comes two days before the Labor Department releases its official jobs report. While the company’s print is an imperfect precursor to the government’s release, it offers a snapshot of job growth during the period.The Job Openings and Labor Turnover Survey (JOLTS), Challenger Job Cuts, and initial weekly jobless claims are also on the docket of employment data set for release this week.On the earnings front, the reporting season has largely wound down, but a few potentially market-moving results are still on tap. Traders will get figures from headliners including Best Buy (BBY), HP (HPQ), Big Lots (BIG), Chewy (CHWY), Lululemon Athletica (LULU), and Broadcom (AVGO).—Economic CalendarMonday:Dallas Fed Manufacturing Activity, August (-12.7 expected, -22.6 during prior month)Tuesday: FHFA House Pricing Index, month-over-month, June (0.8% expected, 1.4% during prior month);House Price Purchasing Index, quarter-over-quarter, Q2 (4.6% during prior quarter);S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, June (0.90% expected, 1.32% during prior month);S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, June (19.20% expected, 20.50% during prior month);S&P CoreLogic Case-Shiller U.S. National Home Price Index, year-over-year, June (19.75% during prior month);Conference Board Consumer Confidence, August (97.7 expected, 95.7 during prior month);JOLTS Job openings, July (10.475 million expected, 10.698 million during prior month)Wednesday: MBA Mortgage Applications, week ended August 26 (-1.2% during prior week);ADP Employment Change, August (300,000 expected);MNI Chicago PMI, August (52.5 expected, 52.1 during prior month)Thursday: Challenger Job Cuts, year-over-year, August (36.3% during prior month);Initial Jobless Claims, week ended August 27 (249,000 expected, 243,000 during prior week);Continuing Claims, week ended August 20 (1.450 million expected, 1.415 million during prior week);Nonfarm Productivity, Q1 final (-7.5% expected, 7.5% during prior month);S&P Global U.S. Composite PMI, August final (51.3 expected, 51.3 during prior month);Construction Spending, month-over-month, July (-0.1% expected, -1.1% during prior month);ISM Manufacturing, August (52.0 expected, 52.8 during prior month);ISM Prices Paid, March (60.0 during prior month);ISM New Orders, August (48.0 during prior month);ISM Employment, August (49.9 during prior month);WARDS Total Vehicle Sales, August (13.50 million expected, 13.35 million prior month)Friday: Nonfarm Payrolls, August (300,000 expected, 528,000 during prior month);Unemployment Rate, August (3.5% expected, 3.5% during prior month);Average Hourly Earnings, month-over-month, August (0.4% expected, 0.5% during prior month);Average Hourly Earnings, year-over-year, August (5.2% expected, 5.2% prior month);Average Weekly Hours All Employees, August (34.6 expected, 34.6 during prior month);Labor Force Participation Rate, August (62.2% expected, 62.1% during prior month);Underemployment Rate, August (6.7% during prior month);Factory Orders, July (0.2% expected, 2.0% during prior month);Durable Goods Orders, July final (0.0% expected, 0.0% during prior month);Durables excluding transportation, July final (0.3% expected, 0.3% during prior month);Non-defense capital goods orders excluding aircraft, July final (0.4% during prior month);Non-defense capital goods shipments excluding aircraft, July final (0.7% during prior month)—Earnings Calendar:Monday: Catalent(CTLT),SelectQuote(SLQT)Tuesday: Best Buy(BBY),HP(HPQ),Ambarella(AMBA),Baidu(BIDU),Big Lots(BIG),Chewy(CHWY)Conn's(CONN),CrowdStrike(CRWD),Hewlett Packard Enterprise(HPE),Photronics(PLAB)Wednesday:Anaplan(PLAN),Cooper(COO),DesignerBrands(DBI),Donaldson(DCI),FiveBelow(FIVE),MongoDB(MDB),Okta(OKTA),PureStorage(PSTG),Semtech(SMTC),VeevaSystems(VEEV),Vera Bradley(VRA)Thursday: LululemonAthletica(LULU),Broadcom(AVGO),CampbellSoup(CPB),Ciena(CIEN),Genesco(GCO),Hormel Foods(HRL),JOANN(JOAN),Ollie’s Bargain Outlet(OLLI),SecureWorks(SCWX),Signet Jewelers(SIG),Sportsman's Warehouse(SPWH),Toro(TTC),Weibo(WB)Friday:No notable reports scheduled for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9999938173,"gmtCreate":1660447572594,"gmtModify":1676533472679,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999938173","repostId":"1110057750","repostType":4,"repost":{"id":"1110057750","pubTimestamp":1660446286,"share":"https://ttm.financial/m/news/1110057750?lang=&edition=fundamental","pubTime":"2022-08-14 11:04","market":"us","language":"en","title":"Alibaba Stock: Follow Masayoshi Son, Not Charlie Munger","url":"https://stock-news.laohu8.com/highlight/detail?id=1110057750","media":"seekingalpha","summary":"SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to fo","content":"<html><head></head><body><p>Summary</p><ul><li>I explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank&#39;s CEO, Masayoshi Son.</li><li>Mr. Son has decided to reduce his stake in Alibaba from 23.7% to 14.6% - in my opinion, this may create headwinds for BABA in the medium term.</li><li>Investors shouldn&#39;t be fooled by Alibaba&#39;s &#34;low multiples&#34; but to take a broader look at this company and consider all the risks involved.</li><li>Based on a fairly optimistic DCF model, there is a downside of 14% for Alibaba stock.</li><li>The desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.</li></ul><p>Introduction &amp; Thesis</p><p>On March 24, 2020, Bloomberg wrote about Softbank CEO Masayoshi Son&#39;s plans to sell $14 billion worth of Alibaba shares (NYSE:BABA) to shore up the bank&#39;s businesses, which had been battered by the coronavirus pandemic. This was not the first news of attempts by Masayoshi Son, who was one of the first investors in BABA in 2000, to get rid of the company&#39;s shares - according to a press release from the bank, derivative tradeshave been made since 2016. However, $14 billion in 2020 was quite a large amount, and in the medium term, BABA shares began to correct more than the main benchmarks:</p><p><img src=\"https://static.tigerbbs.com/96b0ceefb3d3bed3af27a07fdd9d3a81\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Now we see that Softbank faced the problem of deflating the bubble in high-growth companies after the Corona crisis, and will now further reduce its stake in Alibaba stock (from the current 23.7% to 14.6% after settling $34 billion in prepaid forward contracts).</p><p>As from the very beginning of my coverage of Alibaba stock here on Seeking Alpha, I still believe that investors should not follow on the heels of Charlie Munger - there are too many risks in buying this stock, both geopolitical (U.S.-China tensions, Taiwan) and economic (China&#39;s GDP growth slowdown and housing crisis). The pressure on BABA&#39;s quotes is likely to continue due to these two factors, and Softbank&#39;s sale of forward contracts for such a large amount may add to the headwinds for shareholders.</p><p>Masayoshi Son vs. Charlie Munger</p><p>One of the most frequently cited arguments for buying BABA after its phenomenal &gt;50% off high dip is the fact that one of the most famous Western investors, Charlie Munger, bought and held the stock. According to the 13-F filings by his Daily Journal Corp, the 98-year-old investor began buying BABA in the first quarter of 2021 and gradually increased his position throughout 2021 (from 165,320 shares in the first quarter to 602,060 shares in the fourth quarter) until he decided to sell half of the position in the first quarter of 2022 and has not touched BABA since (which is interpreted by some as a bullish sign).</p><p>In my subjective opinion, a 50% reduction of BABA&#39;s position in Daily Journal Corp. in the first quarter is already a sign of Mr. Munger&#39;s capitulation, as this act is not typical of his position in BofA (BAC) or Wells Fargo (WFC) - compare the position size as of the last reporting date [link above] with the portfolio at the end of 2013 to see for yourself.</p><p>Concerning the unchanged amount of BABA shares in the last reporting quarter, it should be noted that other positions have also remained unchanged - Munger has simply decided not to buy or sell anything. The great investor of the 20th century will likely continue to get rid of his position in Alibaba stock, in my view, if the risks in China escalate. Remember what he said about Russian stocks many years ago (emphasis added):</p><blockquote>When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK.A) (BRK.B), harrumphed: &#34;<i>We don’t invest in kleptocracies.</i>&#34; One investor famously declared after the market’s meltdown in 1998: &#34;I’d rather eat nuclear waste than invest in Russia.&#34;</blockquote><blockquote>[Source]</blockquote><p>If you have been buying BABA solely on Munger&#39;s moves, then I must warn you: if you look at the performance of his Daily Journal Corp [based on Fintel data from 13-Fs], he has not been able to boast of excessive returns for many years:</p><p><img src=\"https://static.tigerbbs.com/f172b8f0ac1e4673cf5741f21754470d\" tg-width=\"640\" tg-height=\"420\" referrerpolicy=\"no-referrer\"/><b>Important note:</b>the reported value (RV) above should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in accounts.However, RV depletion is also an important criterion to consider.</p><p>I think the risks of investing in the Chinese market are becoming more evident every year. While the country&#39;s GDP grew 6-10% annually from the early 1990s until the pandemic began, these risks were ignored by many Western investors. We saw it even more positively when the Chinese GDP began to recover sharply after the 2020 lockdowns. Now, however, the prospects for similar growth rates are vague, as the real estate market, which has largely allowed China to report huge GDP growth rates in the past, is highly leveraged and in crisis, and the country&#39;s overall population is likely to start shrinking due to the low birth rate (which largely precludes the growth of the economy extensively).</p><blockquote>As recently as 2019 the China Academy of Social Sciences expected the population to peak in 2029, at 1.44 billion. The 2019 United Nations Population Prospects report expected the peak later still, in 2031-32, at 1.46 billion.</blockquote><blockquote>The Shanghai Academy of Social Sciences team predicts an annual average decline of 1.1% after 2021, pushing China&#39;s population down to 587 million in 2100, less than half of what it is today.</blockquote><blockquote>[Source]</blockquote><p>The accumulated problems of the Chinese regime drive Xi to continue trying to expand his sole power, because at first glance it seems more reliable to keep everything in one hand. Given the level of corruption in the country, we are dealing with a kleptocratic state - the reason why Munger avoided investing in Russia after 1998.</p><p>Aside from Masayoshi Son being forced to sell his shares in Alibaba, I think Softbank would have dumped its high stake in the company anyway, feeling the pressure from the Communist Party.</p><p>Exactly one year ago, Nikkei Asia published an article citing Son as to how he sees the pressure on China&#39;s tech sector.</p><blockquote>&#34;I strongly believe that China&#39;s AI technology and business model will continue to innovate,&#34; Son said in a news conference. &#34;However, in investment activities, various new regulations have begun, so I want to wait and see what kind of regulations are implemented and what kind of impact they have on the stock market.&#34;</blockquote><blockquote>[Source]</blockquote><p>A year later, he waited, looked around, and decided to reduce his stake in Alibaba from 23.7% to 14.6%.</p><p>This is a smart move that is not about flooding the market with shares all at once - under the terms of the forward contract, Mr. Son will have the right to buy back his BABA shares. However, it is unlikely that he will do so - in any case, we have not seen this happen since 2016. So, in the coming months, there will be a greater supply of Alibaba shares on the market, which will put additional pressure on prices against the backdrop of geopolitical and macroeconomic risks specific to China.</p><p>The company&#39;s financial profile doesn&#39;t help</p><p>The low multiples that made BABA&#39;s stock seem undervalued compared to U.S. tech giants have gotten even lower over the past six months - in line with the stock price:</p><p><img src=\"https://static.tigerbbs.com/a100fa0a41ade258d26db19f27c2313b\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/>However, it turned out that this underestimation was evidence of the value trap - the slowdown in economic growth and regulatory problems were making themselves felt. Margins continued their downward trend, and the ratio of EBITDA to sales did not return to the level seen before COVID.</p><p><img src=\"https://static.tigerbbs.com/ceb0944814657934f262b18db7db4ec2\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"/>Sales and earnings growth did not improve as investors expected, so the denominators for most valuation metrics became smaller than the numerators - Seeking Alpha&#39;s factor grade system changed the valuation metric in a negative direction for the company:</p><p>Readers will rightly wonder why the &#34;Profitability&#34; criterion is still rated &#34;A+&#34; against a backdrop of declining business margins and less than stellar ROE / ROA / ROIC indicators. The answer to this question lies in the elements of this criterion - the company&#39;s cash flow from operations (CFO) is the only reason for this superiority over the rest of the sector:</p><p><img src=\"https://static.tigerbbs.com/9f0ad942e9b19cfbee3de08d1b1b2009\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p><img src=\"https://static.tigerbbs.com/98d0b575ede1cd3f09a1e124dd313777\" tg-width=\"360\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/>Indeed, in the Internet and direct marketing retail industry, of which Alibaba is a part, only 58.62% of companies have a positive CFO. Such companies have a CFO to TTM ratio of 7% (median), while BABA has a similar ratio of 17%, making it a true cash cow. However, for a cash cow, the margin of safety of BABA is highly controversial in terms of DCF modeling:</p><p><img src=\"https://static.tigerbbs.com/e33ef5864117b63096db2166e004e764\" tg-width=\"594\" tg-height=\"557\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Even with a fairly optimistic discount rate (10% is low given the risks for the Chinese tech giant) and a very generous assumption of a 15% growth rate over the next 10 years (which is already not the case), there is a downside of 14%, even when adding the tangible book value to the final share price.</p><p>Of course, I could be wrong and the listing of BABA&#39;s shares on the Hong Kong Stock Exchange will create additional demand from investors in mainland China, but it&#39;s not entirely clear what U.S. investors with their ADRs will actually get out of it.</p><p>From this, I conclude that investors shouldn&#39;t be fooled by Alibaba&#39;s &#34;low multiples&#34; but to take a broader look at this company and consider all the risks involved. Then, the desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.</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 Stock: Follow Masayoshi Son, Not Charlie Munger</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 Stock: Follow Masayoshi Son, Not Charlie Munger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-14 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank's CEO, Masayoshi Son.Mr. Son has decided to reduce his stake in Alibaba from 23.7% to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in\">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/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110057750","content_text":"SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank's CEO, Masayoshi Son.Mr. Son has decided to reduce his stake in Alibaba from 23.7% to 14.6% - in my opinion, this may create headwinds for BABA in the medium term.Investors shouldn't be fooled by Alibaba's \"low multiples\" but to take a broader look at this company and consider all the risks involved.Based on a fairly optimistic DCF model, there is a downside of 14% for Alibaba stock.The desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.Introduction & ThesisOn March 24, 2020, Bloomberg wrote about Softbank CEO Masayoshi Son's plans to sell $14 billion worth of Alibaba shares (NYSE:BABA) to shore up the bank's businesses, which had been battered by the coronavirus pandemic. This was not the first news of attempts by Masayoshi Son, who was one of the first investors in BABA in 2000, to get rid of the company's shares - according to a press release from the bank, derivative tradeshave been made since 2016. However, $14 billion in 2020 was quite a large amount, and in the medium term, BABA shares began to correct more than the main benchmarks:Now we see that Softbank faced the problem of deflating the bubble in high-growth companies after the Corona crisis, and will now further reduce its stake in Alibaba stock (from the current 23.7% to 14.6% after settling $34 billion in prepaid forward contracts).As from the very beginning of my coverage of Alibaba stock here on Seeking Alpha, I still believe that investors should not follow on the heels of Charlie Munger - there are too many risks in buying this stock, both geopolitical (U.S.-China tensions, Taiwan) and economic (China's GDP growth slowdown and housing crisis). The pressure on BABA's quotes is likely to continue due to these two factors, and Softbank's sale of forward contracts for such a large amount may add to the headwinds for shareholders.Masayoshi Son vs. Charlie MungerOne of the most frequently cited arguments for buying BABA after its phenomenal >50% off high dip is the fact that one of the most famous Western investors, Charlie Munger, bought and held the stock. According to the 13-F filings by his Daily Journal Corp, the 98-year-old investor began buying BABA in the first quarter of 2021 and gradually increased his position throughout 2021 (from 165,320 shares in the first quarter to 602,060 shares in the fourth quarter) until he decided to sell half of the position in the first quarter of 2022 and has not touched BABA since (which is interpreted by some as a bullish sign).In my subjective opinion, a 50% reduction of BABA's position in Daily Journal Corp. in the first quarter is already a sign of Mr. Munger's capitulation, as this act is not typical of his position in BofA (BAC) or Wells Fargo (WFC) - compare the position size as of the last reporting date [link above] with the portfolio at the end of 2013 to see for yourself.Concerning the unchanged amount of BABA shares in the last reporting quarter, it should be noted that other positions have also remained unchanged - Munger has simply decided not to buy or sell anything. The great investor of the 20th century will likely continue to get rid of his position in Alibaba stock, in my view, if the risks in China escalate. Remember what he said about Russian stocks many years ago (emphasis added):When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK.A) (BRK.B), harrumphed: \"We don’t invest in kleptocracies.\" One investor famously declared after the market’s meltdown in 1998: \"I’d rather eat nuclear waste than invest in Russia.\"[Source]If you have been buying BABA solely on Munger's moves, then I must warn you: if you look at the performance of his Daily Journal Corp [based on Fintel data from 13-Fs], he has not been able to boast of excessive returns for many years:Important note:the reported value (RV) above should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in accounts.However, RV depletion is also an important criterion to consider.I think the risks of investing in the Chinese market are becoming more evident every year. While the country's GDP grew 6-10% annually from the early 1990s until the pandemic began, these risks were ignored by many Western investors. We saw it even more positively when the Chinese GDP began to recover sharply after the 2020 lockdowns. Now, however, the prospects for similar growth rates are vague, as the real estate market, which has largely allowed China to report huge GDP growth rates in the past, is highly leveraged and in crisis, and the country's overall population is likely to start shrinking due to the low birth rate (which largely precludes the growth of the economy extensively).As recently as 2019 the China Academy of Social Sciences expected the population to peak in 2029, at 1.44 billion. The 2019 United Nations Population Prospects report expected the peak later still, in 2031-32, at 1.46 billion.The Shanghai Academy of Social Sciences team predicts an annual average decline of 1.1% after 2021, pushing China's population down to 587 million in 2100, less than half of what it is today.[Source]The accumulated problems of the Chinese regime drive Xi to continue trying to expand his sole power, because at first glance it seems more reliable to keep everything in one hand. Given the level of corruption in the country, we are dealing with a kleptocratic state - the reason why Munger avoided investing in Russia after 1998.Aside from Masayoshi Son being forced to sell his shares in Alibaba, I think Softbank would have dumped its high stake in the company anyway, feeling the pressure from the Communist Party.Exactly one year ago, Nikkei Asia published an article citing Son as to how he sees the pressure on China's tech sector.\"I strongly believe that China's AI technology and business model will continue to innovate,\" Son said in a news conference. \"However, in investment activities, various new regulations have begun, so I want to wait and see what kind of regulations are implemented and what kind of impact they have on the stock market.\"[Source]A year later, he waited, looked around, and decided to reduce his stake in Alibaba from 23.7% to 14.6%.This is a smart move that is not about flooding the market with shares all at once - under the terms of the forward contract, Mr. Son will have the right to buy back his BABA shares. However, it is unlikely that he will do so - in any case, we have not seen this happen since 2016. So, in the coming months, there will be a greater supply of Alibaba shares on the market, which will put additional pressure on prices against the backdrop of geopolitical and macroeconomic risks specific to China.The company's financial profile doesn't helpThe low multiples that made BABA's stock seem undervalued compared to U.S. tech giants have gotten even lower over the past six months - in line with the stock price:However, it turned out that this underestimation was evidence of the value trap - the slowdown in economic growth and regulatory problems were making themselves felt. Margins continued their downward trend, and the ratio of EBITDA to sales did not return to the level seen before COVID.Sales and earnings growth did not improve as investors expected, so the denominators for most valuation metrics became smaller than the numerators - Seeking Alpha's factor grade system changed the valuation metric in a negative direction for the company:Readers will rightly wonder why the \"Profitability\" criterion is still rated \"A+\" against a backdrop of declining business margins and less than stellar ROE / ROA / ROIC indicators. The answer to this question lies in the elements of this criterion - the company's cash flow from operations (CFO) is the only reason for this superiority over the rest of the sector:Indeed, in the Internet and direct marketing retail industry, of which Alibaba is a part, only 58.62% of companies have a positive CFO. Such companies have a CFO to TTM ratio of 7% (median), while BABA has a similar ratio of 17%, making it a true cash cow. However, for a cash cow, the margin of safety of BABA is highly controversial in terms of DCF modeling:Even with a fairly optimistic discount rate (10% is low given the risks for the Chinese tech giant) and a very generous assumption of a 15% growth rate over the next 10 years (which is already not the case), there is a downside of 14%, even when adding the tangible book value to the final share price.Of course, I could be wrong and the listing of BABA's shares on the Hong Kong Stock Exchange will create additional demand from investors in mainland China, but it's not entirely clear what U.S. investors with their ADRs will actually get out of it.From this, I conclude that investors shouldn't be fooled by Alibaba's \"low multiples\" but to take a broader look at this company and consider all the risks involved. Then, the desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046992280,"gmtCreate":1656288584240,"gmtModify":1676535798384,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046992280","repostId":"1184080362","repostType":4,"repost":{"id":"1184080362","pubTimestamp":1656283742,"share":"https://ttm.financial/m/news/1184080362?lang=&edition=fundamental","pubTime":"2022-06-27 06:49","market":"us","language":"en","title":"Stocks Pace Towards Worst Start since 1970: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184080362","media":"Yahoo Finance","summary":"The week ahead will bring to an end the second quarter and the first half of what has been a challen","content":"<html><head></head><body><p>The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.</p><p>Several key economic reports, including core PCE inflation – the Federal Reserve&#39;s preferred measure of consumer prices – are on tap, along with earnings from Nike (NKE), Jefferies (JEF), Micron Technology (MU), and Bed Bath &amp; Beyond (BBBY).</p><p>The S&amp;P 500 rose by more than 3% on Friday and gained over 6% for the week, its second-best week this year and its first weekly rise since late May.</p><p>The benchmark index still remains on pace for one its worst opening six months since 1970. Only five times since 1932 has the S&amp;P 500 lost 15% or more in the first six months of a year; through Friday&#39;s close, the benchmark index was down just under 18%.</p><p>“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.</p><p>And indeed, investors remain generally optimistic that a rebound is ahead despite this year’s downturn.</p><p>Although analysts have lowered their price targets on S&amp;P 500 companies in recent months — bringing the consensus bottom-up target price for the index below 5,000 for the first time since August 2021 — the estimate of 4,987.28 as of June 23 remains 31.4% above the closing price of the same day’s closing price of 3,795.73,according to data from FactSet.</p><p>This suggests analysts expect the index to rise by more than 30% in the next 12 months.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec36198085b4a3361002d2db9a792adf\" tg-width=\"960\" tg-height=\"556\" width=\"100%\" height=\"auto\"/><span>The S&amp;P 500 bottom-up target price. vs. closing price over the past 12 months.</span></p><p>J.P. Morgan strategist Marko Kolanovic indicated in a note to clients Friday that U.S. equities may climb as much as 7% next week as investors rebalance portfolios amid the end of the month, second quarter, and first half of the year.</p><p>“Next week’s rebalance is important since equity markets were down significantly over the past month, quarter and six-month time period,” Kolanovic said. &#34;On top of that, the market is in an oversold condition, cash balances are at record levels, and recent market shorting activity reached levels not seen since 2008.&#34;</p><p>On the economic calendar, personal consumption expenditures (PCE) data will be closely watched by traders this week. The Bureau of Economic Analysis will release its monthly PCE deflator on Thursday, giving investors the latest view on inflation across the U.S. economy as the Federal Reserve moves up its key benchmark interest rate to tame price increases.</p><p>Economists surveyed by Bloomberg expect PCE to rise 0.7% in May compared to 0.2% the prior month. On a year-over-year basis, the PCE deflator is expected to accelerate 6.4%, up from a climb of 6.3% in April.</p><p>The core PCE index, which strips out the cost of food and energy, is expected to hold steady from the prior month’s print. Economists are looking for a 5.1% increase in core PCE in May, compared to April’s 5.1% rise.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a3c816f919804bca939b29921c02462\" tg-width=\"960\" tg-height=\"644\" width=\"100%\" height=\"auto\"/><span>U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. REUTERS/Mary F. Calvert</span></p><p>The latest PCE data will come as the U.S. central bank’s fight against inflation looks increasingly more complex, with a growing number of economists and strategists on Wall Street suggesting that the Fed will not be able to rein in prices without tipping the economy into a recession.</p><p>“I do worry that the probability of a soft landing, which means you bring down inflation without unduly hurting growth and employment, has declined significantly because of a series of Federal Reserve mistakes,” economist Mohamed El-Erian told Yahoo Finance Live last week.</p><p>Elsewhere on the economic calendar, investors will keep a close eye on durable goods figures on Monday, the Conference Board’s consumer confidence reading out Tuesday, and several reports on manufacturing and housing throughout the week. Investors will also get a third and final read on first quarter GDP.</p><p>On the earnings side, reports from Nike (NKE), Bed Bath &amp; Beyond (BBBY), Jefferies (JEF), and Micron Technology (MU) will feature.</p><p>—</p><p><b>Economic calendar</b></p><p><b>Monday:</b><b><i>Durable Goods Orders</i></b>, May preliminary (0.2% expected, 0.5% during prior month); <b><i>Durables Excluding Transportation</i></b>, May preliminary (0.3% expected, 0.4% during prior month); <b><i>Pending Home Sales</i></b>, month-over-month, May (-3.9% expected, -3.9% during prior month);<b><i>Pending Home Sales NSA</i></b>, year-over-year, April (-11.5% during prior month); <b><i>Dallas Fed Manufacturing Activity</i></b>, June (-6.5 expected, -7.3 during prior month)</p><p><b>Tuesday:</b><b><i>Advance Goods Trade Balance</i></b>, May (-$105.4 billion expected, -$105.9 billion during prior month, revised to -$106.7 billion); <b><i>Wholesale Inventories</i></b>, month-over-month, May preliminary (2.2% expected, 2.2% during previous month); <b><i>Retail Inventories</i></b>, month-over-month, May (1.6 expected, 0.7% during prior month); <b><i>FHFA Housing Pricing Index</i></b>, April (1.6% expected, 1.5% during prior month); <b><i>S&amp;P CoreLogic Case-Shiller 20-City Composite</i></b>, month-over-month, April (1.85% expected, 2.42% during prior month); <b><i>S&amp;P CoreLogic Case-Shiller 20-City Composite</i></b>, year-over-year, April (21.20% expected, 21.17% during prior month); <b><i>S&amp;P CoreLogic Case-Shiller U.S. National Home Price Index</i></b>, year-over-year, April (20.55% during prior month); <b><i>Conference Board Consumer Confidence</i></b>, June (100 expected, 106.4 during prior month); <b><i>Richmond Fed Manufacturing Index</i></b>, June (-5 expected, -9 during prior month)</p><p><b>Wednesday:</b><b><i>MBA Mortgage Applications</i></b>, week ended June 24 (-4.2% during prior week); <b><i>GDP Annualized</i></b>, quarter-over-quarter, 1Q third (-1.5% expected, -1.5% prior); <b><i>Personal Consumption</i></b>, quarter-over-quarter, 1Q third (3.1% expected, 3.1% prior); <b><i>GDP Price Index</i></b>, quarter-over-quarter, 1Q third (8.1% expected, 8.1% prior); <b><i>Core PCE</i></b>, quarter-over-quarter, 1Q second (5.1% expected, 5.1% prior)</p><p><b>Thursday:</b><b><i>Personal Income</i></b>, month-over-month, May (0.5% expected, 0.4% during prior month); <b><i>Personal Spending</i></b>, month-over-month, May (0.4% expected, 0.9% during prior month); <b><i>Real Personal Spending</i></b>, month-over-month, May (-0.2% expected, 0.7% during prior month);<b><i>Initial Jobless Claims</i></b>, week ended June 25 (230,000 expected, 229,000 during prior week); <b><i>Continuing Claims</i></b>, week ended June 18 (1.310 million expected, 1.315 million during prior week);<b><i>PCE Deflator</i></b>, month-over-month, May (0.7% expected, 0.2% during prior month); <b><i>PCE Deflator</i></b>, year-over-year, May (6.4% expected, 6.3% during prior month); <b><i>PCE Core Deflator</i></b>, month-over-month, May (0.4% expected, 0.3% during prior month); <b><i>PCE Core Deflator</i></b>, year-over-year, May (4.8% expected, 4.9% during prior month); <b><i>MNI Chicago PMI</i></b>, June (58 expected, 60.3 during prior month)</p><p><b>Friday:</b><b><i>S&amp;P Global U.S. Manufacturing PMI</i></b>, June final (52.4 expected, 52.4 prior); <b><i>Construction Spending</i></b>, month-over-month, May (0.4% expected, 0.2% during prior month); <b><i>ISM Manufacturing</i></b>, June (54.7 expected, 56.1 during prior month); <b><i>ISM Prices Paid</i></b>, June (80.0 expected, 82.2 during prior month), ISM New Orders, June (55.1 during prior month); <b><i>ISM Employment,</i></b>June (49.6 during prior month); <b><i>Wards Total Vehicle Sales</i></b>, June (13.40 million, 12.68 during prior month)</p><p>—</p><p><b>Earnings calendar</b></p><p><b>Monday</b></p><p>Before market open:<i>No notable reports scheduled for release.</i></p><p>After market close:<b>Nike</b>(NKE), <b>Jefferies Financial Group</b>(JEF), <b>Trip.com Group</b>(TCOM)</p><p><b>Tuesday</b></p><p>Before market open:<i>No notable reports scheduled for release.</i></p><p>After market close: <b>AeroVironment</b>(AVAV)</p><p><b>Wednesday</b></p><p>Before market open: <b>Barnes &amp; Noble Education</b>(BNED), <b>Bed Bath &amp; Beyond</b>(BBBY), <b>General Mills</b>(GIS), <b>McCormick &amp; Co.</b>(MKC), <b>Paychex</b>(PAYX)</p><p>After market close: <b>MillerKnoll</b>(MLKN)</p><p><b>Thursday</b></p><p>Before market open: <b>Constellation Brands</b>(STZ)</p><p>After market close: <b>Micron Technology</b>(MU), <b>Walgreens Boots Alliance</b>(WBA)</p><p><b>Friday</b></p><p><i>No notable reports scheduled for release.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Pace Towards Worst Start since 1970: What to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Pace Towards Worst Start since 1970: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-27 06:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.Several key economic reports, including core PCE inflation – the Federal ...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKE":"耐克","WBA":"沃尔格林联合博姿",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BBBY":"3B家居",".DJI":"道琼斯","MU":"美光科技"},"source_url":"https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184080362","content_text":"The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.Several key economic reports, including core PCE inflation – the Federal Reserve's preferred measure of consumer prices – are on tap, along with earnings from Nike (NKE), Jefferies (JEF), Micron Technology (MU), and Bed Bath & Beyond (BBBY).The S&P 500 rose by more than 3% on Friday and gained over 6% for the week, its second-best week this year and its first weekly rise since late May.The benchmark index still remains on pace for one its worst opening six months since 1970. Only five times since 1932 has the S&P 500 lost 15% or more in the first six months of a year; through Friday's close, the benchmark index was down just under 18%.“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.And indeed, investors remain generally optimistic that a rebound is ahead despite this year’s downturn.Although analysts have lowered their price targets on S&P 500 companies in recent months — bringing the consensus bottom-up target price for the index below 5,000 for the first time since August 2021 — the estimate of 4,987.28 as of June 23 remains 31.4% above the closing price of the same day’s closing price of 3,795.73,according to data from FactSet.This suggests analysts expect the index to rise by more than 30% in the next 12 months.The S&P 500 bottom-up target price. vs. closing price over the past 12 months.J.P. Morgan strategist Marko Kolanovic indicated in a note to clients Friday that U.S. equities may climb as much as 7% next week as investors rebalance portfolios amid the end of the month, second quarter, and first half of the year.“Next week’s rebalance is important since equity markets were down significantly over the past month, quarter and six-month time period,” Kolanovic said. \"On top of that, the market is in an oversold condition, cash balances are at record levels, and recent market shorting activity reached levels not seen since 2008.\"On the economic calendar, personal consumption expenditures (PCE) data will be closely watched by traders this week. The Bureau of Economic Analysis will release its monthly PCE deflator on Thursday, giving investors the latest view on inflation across the U.S. economy as the Federal Reserve moves up its key benchmark interest rate to tame price increases.Economists surveyed by Bloomberg expect PCE to rise 0.7% in May compared to 0.2% the prior month. On a year-over-year basis, the PCE deflator is expected to accelerate 6.4%, up from a climb of 6.3% in April.The core PCE index, which strips out the cost of food and energy, is expected to hold steady from the prior month’s print. Economists are looking for a 5.1% increase in core PCE in May, compared to April’s 5.1% rise.U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. REUTERS/Mary F. CalvertThe latest PCE data will come as the U.S. central bank’s fight against inflation looks increasingly more complex, with a growing number of economists and strategists on Wall Street suggesting that the Fed will not be able to rein in prices without tipping the economy into a recession.“I do worry that the probability of a soft landing, which means you bring down inflation without unduly hurting growth and employment, has declined significantly because of a series of Federal Reserve mistakes,” economist Mohamed El-Erian told Yahoo Finance Live last week.Elsewhere on the economic calendar, investors will keep a close eye on durable goods figures on Monday, the Conference Board’s consumer confidence reading out Tuesday, and several reports on manufacturing and housing throughout the week. Investors will also get a third and final read on first quarter GDP.On the earnings side, reports from Nike (NKE), Bed Bath & Beyond (BBBY), Jefferies (JEF), and Micron Technology (MU) will feature.—Economic calendarMonday:Durable Goods Orders, May preliminary (0.2% expected, 0.5% during prior month); Durables Excluding Transportation, May preliminary (0.3% expected, 0.4% during prior month); Pending Home Sales, month-over-month, May (-3.9% expected, -3.9% during prior month);Pending Home Sales NSA, year-over-year, April (-11.5% during prior month); Dallas Fed Manufacturing Activity, June (-6.5 expected, -7.3 during prior month)Tuesday:Advance Goods Trade Balance, May (-$105.4 billion expected, -$105.9 billion during prior month, revised to -$106.7 billion); Wholesale Inventories, month-over-month, May preliminary (2.2% expected, 2.2% during previous month); Retail Inventories, month-over-month, May (1.6 expected, 0.7% during prior month); FHFA Housing Pricing Index, April (1.6% expected, 1.5% during prior month); S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, April (1.85% expected, 2.42% during prior month); S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, April (21.20% expected, 21.17% during prior month); S&P CoreLogic Case-Shiller U.S. National Home Price Index, year-over-year, April (20.55% during prior month); Conference Board Consumer Confidence, June (100 expected, 106.4 during prior month); Richmond Fed Manufacturing Index, June (-5 expected, -9 during prior month)Wednesday:MBA Mortgage Applications, week ended June 24 (-4.2% during prior week); GDP Annualized, quarter-over-quarter, 1Q third (-1.5% expected, -1.5% prior); Personal Consumption, quarter-over-quarter, 1Q third (3.1% expected, 3.1% prior); GDP Price Index, quarter-over-quarter, 1Q third (8.1% expected, 8.1% prior); Core PCE, quarter-over-quarter, 1Q second (5.1% expected, 5.1% prior)Thursday:Personal Income, month-over-month, May (0.5% expected, 0.4% during prior month); Personal Spending, month-over-month, May (0.4% expected, 0.9% during prior month); Real Personal Spending, month-over-month, May (-0.2% expected, 0.7% during prior month);Initial Jobless Claims, week ended June 25 (230,000 expected, 229,000 during prior week); Continuing Claims, week ended June 18 (1.310 million expected, 1.315 million during prior week);PCE Deflator, month-over-month, May (0.7% expected, 0.2% during prior month); PCE Deflator, year-over-year, May (6.4% expected, 6.3% during prior month); PCE Core Deflator, month-over-month, May (0.4% expected, 0.3% during prior month); PCE Core Deflator, year-over-year, May (4.8% expected, 4.9% during prior month); MNI Chicago PMI, June (58 expected, 60.3 during prior month)Friday:S&P Global U.S. Manufacturing PMI, June final (52.4 expected, 52.4 prior); Construction Spending, month-over-month, May (0.4% expected, 0.2% during prior month); ISM Manufacturing, June (54.7 expected, 56.1 during prior month); ISM Prices Paid, June (80.0 expected, 82.2 during prior month), ISM New Orders, June (55.1 during prior month); ISM Employment,June (49.6 during prior month); Wards Total Vehicle Sales, June (13.40 million, 12.68 during prior month)—Earnings calendarMondayBefore market open:No notable reports scheduled for release.After market close:Nike(NKE), Jefferies Financial Group(JEF), Trip.com Group(TCOM)TuesdayBefore market open:No notable reports scheduled for release.After market close: AeroVironment(AVAV)WednesdayBefore market open: Barnes & Noble Education(BNED), Bed Bath & Beyond(BBBY), General Mills(GIS), McCormick & Co.(MKC), Paychex(PAYX)After market close: MillerKnoll(MLKN)ThursdayBefore market open: Constellation Brands(STZ)After market close: Micron Technology(MU), Walgreens Boots Alliance(WBA)FridayNo notable reports scheduled for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026812276,"gmtCreate":1653353992395,"gmtModify":1676535266203,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026812276","repostId":"2237261368","repostType":4,"repost":{"id":"2237261368","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":1653337878,"share":"https://ttm.financial/m/news/2237261368?lang=&edition=fundamental","pubTime":"2022-05-24 04:31","market":"us","language":"en","title":"US STOCKS-Wall Street Rallies on Back of Big Tech, Banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2237261368","media":"Reuters","summary":"JPMorgan Chase upbeat interest income outlook boosts banksBroadcom shares fall on potential VMware buyoutIndexes up: Dow 1.98%, S&P 1.86%, Nasdaq 1.59%U.S. stocks ended higher on Monday as gains from ","content":"<html><head></head><body><ul><li>JPMorgan Chase upbeat interest income outlook boosts banks</li><li>Broadcom shares fall on potential VMware buyout</li><li>Indexes up: Dow 1.98%, S&amp;P 1.86%, Nasdaq 1.59%</li></ul><p>U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street&#39;s longest streak of weekly declines since the dotcom bust more than 20 years ago.</p><p>All three major U.S. stock indexes advanced between 1.6% and 2.0%, with the heftiest boost coming from rebounding megacap tech stocks Apple Inc and Microsoft Corp.</p><p>Interest rate-sensitive banks jumped 5.1% after the largest U.S. lender, JPMorgan Chase &amp; Co raised its current year interest income outlook.</p><p>JPMorgan Chase&#39;s stock surged 6.2%.</p><p>&#34;It feels like a relief rally more than a fundamental change in investor sentiments,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. &#34;Investors as a whole feel like there&#39;s another shoe to drop and they&#39;re probably right in the short term.&#34;</p><p>On Friday, the S&amp;P 500 closed 18.7% below its record closing high reached on Jan. 3. If the benchmark index closes 20% or more below that record, it will confirm it has been in a bear market since then.</p><p>Markets have been roiled in recent weeks by worries about persistently high inflation and aggressive attempts by the Federal Reserve to rein it in while the global economy copes with fallout from Russia&#39;s invasion of Ukraine.</p><p>&#34;Today it would appear the market is less fearful over the inflation factor and the Fed being able to orchestrate a soft landing so to speak,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p><p>But &#34;the bias is still to the downside,&#34; Carlson added.</p><p>The Dow Jones Industrial Average rose 618.34 points, or 1.98%, to 31,880.24, the S&amp;P 500 gained 72.39 points, or 1.86%, to 3,973.75 and the Nasdaq Composite added 180.66 points, or 1.59%, to 11,535.28.</p><p>The Fed will give investors a hint of its state of mind on Wednesday, when it releases minutes from its latest policy meeting.</p><p>Economic indicators this week might lend further support to the notion that inflation peaked in March, and show whether high prices have hurt consumer spending power.</p><p>All 11 major sectors of the S&amp;P 500 ended the session green, with financials enjoying the largest percentage gain, advancing 3.2%</p><p>First-quarter reporting season is nearly a wrap, with 474 of companies in the S&amp;P 500 having posted results. Of those, 78% beat expectations, according to Refinitiv.</p><p>Looking ahead, current quarter pre-announcements are generally pessimistic, with 59 negative projections and 32 positive, compared with the year-ago quarter&#39;s 37 negative and 52 positive, per Refinitiv.</p><p>Shares of VMWare Inc surged 24.8% following reports over the weekend that chipmaker Broadcom Inc was in talks to acquire the cloud service provider. Broadcom dropped 3.1%.</p><p>U.S.-listed shares of Chinese ride-hailing app Didi Global dropped 4.0% after shareholders voted in favor of de-listing from the New York Stock Exchange.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 27 new highs and 142 new lows.</p><p>Volume on U.S. exchanges was 10.93 billion shares, compared with the 13.36 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>US STOCKS-Wall Street Rallies on Back of Big Tech, Banks</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 STOCKS-Wall Street Rallies on Back of Big Tech, Banks\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\">2022-05-24 04:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>JPMorgan Chase upbeat interest income outlook boosts banks</li><li>Broadcom shares fall on potential VMware buyout</li><li>Indexes up: Dow 1.98%, S&amp;P 1.86%, Nasdaq 1.59%</li></ul><p>U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street&#39;s longest streak of weekly declines since the dotcom bust more than 20 years ago.</p><p>All three major U.S. stock indexes advanced between 1.6% and 2.0%, with the heftiest boost coming from rebounding megacap tech stocks Apple Inc and Microsoft Corp.</p><p>Interest rate-sensitive banks jumped 5.1% after the largest U.S. lender, JPMorgan Chase &amp; Co raised its current year interest income outlook.</p><p>JPMorgan Chase&#39;s stock surged 6.2%.</p><p>&#34;It feels like a relief rally more than a fundamental change in investor sentiments,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. &#34;Investors as a whole feel like there&#39;s another shoe to drop and they&#39;re probably right in the short term.&#34;</p><p>On Friday, the S&amp;P 500 closed 18.7% below its record closing high reached on Jan. 3. If the benchmark index closes 20% or more below that record, it will confirm it has been in a bear market since then.</p><p>Markets have been roiled in recent weeks by worries about persistently high inflation and aggressive attempts by the Federal Reserve to rein it in while the global economy copes with fallout from Russia&#39;s invasion of Ukraine.</p><p>&#34;Today it would appear the market is less fearful over the inflation factor and the Fed being able to orchestrate a soft landing so to speak,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p><p>But &#34;the bias is still to the downside,&#34; Carlson added.</p><p>The Dow Jones Industrial Average rose 618.34 points, or 1.98%, to 31,880.24, the S&amp;P 500 gained 72.39 points, or 1.86%, to 3,973.75 and the Nasdaq Composite added 180.66 points, or 1.59%, to 11,535.28.</p><p>The Fed will give investors a hint of its state of mind on Wednesday, when it releases minutes from its latest policy meeting.</p><p>Economic indicators this week might lend further support to the notion that inflation peaked in March, and show whether high prices have hurt consumer spending power.</p><p>All 11 major sectors of the S&amp;P 500 ended the session green, with financials enjoying the largest percentage gain, advancing 3.2%</p><p>First-quarter reporting season is nearly a wrap, with 474 of companies in the S&amp;P 500 having posted results. Of those, 78% beat expectations, according to Refinitiv.</p><p>Looking ahead, current quarter pre-announcements are generally pessimistic, with 59 negative projections and 32 positive, compared with the year-ago quarter&#39;s 37 negative and 52 positive, per Refinitiv.</p><p>Shares of VMWare Inc surged 24.8% following reports over the weekend that chipmaker Broadcom Inc was in talks to acquire the cloud service provider. Broadcom dropped 3.1%.</p><p>U.S.-listed shares of Chinese ride-hailing app Didi Global dropped 4.0% after shareholders voted in favor of de-listing from the New York Stock Exchange.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 27 new highs and 142 new lows.</p><p>Volume on U.S. exchanges was 10.93 billion shares, compared with the 13.36 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":{"BK4503":"景林资产持仓","BK4574":"无人驾驶","BK4207":"综合性银行","BK4551":"寇图资本持仓","BK4577":"网络游戏","AAPL":"苹果","BK4575":"芯片概念","DOG":"道指反向ETF","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","BK4576":"AR","BK4581":"高盛持仓","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","VMW":"威睿","BK4548":"巴美列捷福持仓","BK4515":"5G概念","DJX":"1/100道琼斯","MSFT":"微软","BK4528":"SaaS概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4141":"半导体产品","AVGO":"博通","BK4553":"喜马拉雅资本持仓","JPM":"摩根大通","BK4170":"电脑硬件、储存设备及电脑周边","QLD":"纳指两倍做多ETF","BK4507":"流媒体概念","DXD":"道指两倍做空ETF","BK4579":"人工智能","BK4534":"瑞士信贷持仓","PSQ":"纳指反向ETF","BK4533":"AQR资本管理(全球第二大对冲基金)","SDOW":"道指三倍做空ETF-ProShares","BK4566":"资本集团","BK4525":"远程办公概念","DDM":"道指两倍做多ETF","BK4535":"淡马锡持仓","BK4501":"段永平概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4550":"红杉资本持仓",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2237261368","content_text":"JPMorgan Chase upbeat interest income outlook boosts banksBroadcom shares fall on potential VMware buyoutIndexes up: Dow 1.98%, S&P 1.86%, Nasdaq 1.59%U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street's longest streak of weekly declines since the dotcom bust more than 20 years ago.All three major U.S. stock indexes advanced between 1.6% and 2.0%, with the heftiest boost coming from rebounding megacap tech stocks Apple Inc and Microsoft Corp.Interest rate-sensitive banks jumped 5.1% after the largest U.S. lender, JPMorgan Chase & Co raised its current year interest income outlook.JPMorgan Chase's stock surged 6.2%.\"It feels like a relief rally more than a fundamental change in investor sentiments,\" said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"Investors as a whole feel like there's another shoe to drop and they're probably right in the short term.\"On Friday, the S&P 500 closed 18.7% below its record closing high reached on Jan. 3. If the benchmark index closes 20% or more below that record, it will confirm it has been in a bear market since then.Markets have been roiled in recent weeks by worries about persistently high inflation and aggressive attempts by the Federal Reserve to rein it in while the global economy copes with fallout from Russia's invasion of Ukraine.\"Today it would appear the market is less fearful over the inflation factor and the Fed being able to orchestrate a soft landing so to speak,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.But \"the bias is still to the downside,\" Carlson added.The Dow Jones Industrial Average rose 618.34 points, or 1.98%, to 31,880.24, the S&P 500 gained 72.39 points, or 1.86%, to 3,973.75 and the Nasdaq Composite added 180.66 points, or 1.59%, to 11,535.28.The Fed will give investors a hint of its state of mind on Wednesday, when it releases minutes from its latest policy meeting.Economic indicators this week might lend further support to the notion that inflation peaked in March, and show whether high prices have hurt consumer spending power.All 11 major sectors of the S&P 500 ended the session green, with financials enjoying the largest percentage gain, advancing 3.2%First-quarter reporting season is nearly a wrap, with 474 of companies in the S&P 500 having posted results. Of those, 78% beat expectations, according to Refinitiv.Looking ahead, current quarter pre-announcements are generally pessimistic, with 59 negative projections and 32 positive, compared with the year-ago quarter's 37 negative and 52 positive, per Refinitiv.Shares of VMWare Inc surged 24.8% following reports over the weekend that chipmaker Broadcom Inc was in talks to acquire the cloud service provider. Broadcom dropped 3.1%.U.S.-listed shares of Chinese ride-hailing app Didi Global dropped 4.0% after shareholders voted in favor of de-listing from the New York Stock Exchange.Advancing issues outnumbered declining ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 27 new highs and 142 new lows.Volume on U.S. exchanges was 10.93 billion shares, compared with the 13.36 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997986008,"gmtCreate":1661733897307,"gmtModify":1676536568542,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997986008","repostId":"1132773438","repostType":4,"repost":{"id":"1132773438","pubTimestamp":1661732222,"share":"https://ttm.financial/m/news/1132773438?lang=&edition=fundamental","pubTime":"2022-08-29 08:17","language":"en","title":"ASX Opens 2% Lower, Led by a 3.8% Fall by the Technology Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=1132773438","media":"australian financial review","summary":"The S&P/ASX 200 dropped 2 per cent, or 140.7 points, to 6963.4 in the opening minutes of trade, foll","content":"<html><head></head><body><p>The S&amp;P/ASX 200 dropped 2 per cent, or 140.7 points, to 6963.4 in the opening minutes of trade, following the sell-off on Wall Street on Friday.</p><p>All 11 sharemarket sectors were lowed, led by a 3.8 per cent fall by the technology sector.</p><p>Fortescue declined 1 per cent to $19.68 despite announcing better-than-expected profits and dividends. Mineral Resources tumbled 3.6 per cent to $62.76 after reporting its results this morning.</p><p>Zip dropped 5.6 per cent to 85¢, Life360 fell 8.9 per cent to $4.80 and Block tumbled 6.7 per cent to $98.74. All four major banks were down between 1.6 per cent and 2 per cent.</p><p>A2 Milk jumped 7.1 per cent to $5.26 after announcing its plans to launch a $136 million buyback.</p><p></p></body></html>","source":"afr_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>ASX Opens 2% Lower, Led by a 3.8% Fall by the Technology Sector</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\">\nASX Opens 2% Lower, Led by a 3.8% Fall by the Technology Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-29 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-fall-wall-st-sinks-fortescue-to-report-20220829-p5bdgd><strong>australian financial review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P/ASX 200 dropped 2 per cent, or 140.7 points, to 6963.4 in the opening minutes of trade, following the sell-off on Wall Street on Friday.All 11 sharemarket sectors were lowed, led by a 3.8 per ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-fall-wall-st-sinks-fortescue-to-report-20220829-p5bdgd\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-fall-wall-st-sinks-fortescue-to-report-20220829-p5bdgd","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132773438","content_text":"The S&P/ASX 200 dropped 2 per cent, or 140.7 points, to 6963.4 in the opening minutes of trade, following the sell-off on Wall Street on Friday.All 11 sharemarket sectors were lowed, led by a 3.8 per cent fall by the technology sector.Fortescue declined 1 per cent to $19.68 despite announcing better-than-expected profits and dividends. Mineral Resources tumbled 3.6 per cent to $62.76 after reporting its results this morning.Zip dropped 5.6 per cent to 85¢, Life360 fell 8.9 per cent to $4.80 and Block tumbled 6.7 per cent to $98.74. All four major banks were down between 1.6 per cent and 2 per cent.A2 Milk jumped 7.1 per cent to $5.26 after announcing its plans to launch a $136 million buyback.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994224345,"gmtCreate":1661650777889,"gmtModify":1676536554307,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994224345","repostId":"1161837457","repostType":4,"repost":{"id":"1161837457","pubTimestamp":1661645647,"share":"https://ttm.financial/m/news/1161837457?lang=&edition=fundamental","pubTime":"2022-08-28 08:14","market":"us","language":"en","title":"Nvidia: Guidance Is A Game-Changer","url":"https://stock-news.laohu8.com/highlight/detail?id=1161837457","media":"Seeking Alpha","summary":"SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guida","content":"<html><head></head><body><p>Summary</p><ul><li>Massive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.</li><li>Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.</li><li>Nvidia’s FY 2023 revenue estimates are set for a major downward revision.</li></ul><p>Nvidia (NASDAQ:NVDA) finally released highly anticipated earnings for its second fiscal quarter of FY 2023. Part of the earnings report card was the outlook for Nvidia&#39;s third fiscal quarter, which was significantly worse than expected. Nvidia is seeing a massiveslowdown in its Gaming business due to weakening demand and pricing for graphics processing units which have supported the chip maker&#39;s results last year. Because of the size of the expected revenue drop-off in FQ3&#39;23, Nvidia&#39;s shares are likely set to correct further to the downside!</p><p><b>Nvidia&#39;s FQ2&#39;23 earnings card was as expected</b></p><p>Nvidia&#39;s second quarter results largely conformed with the release of preliminary results from the beginning of August. Nvidia guided for $6.7B in FQ2 revenues due to a 33% year-over-year top line decrease in the Gaming segment. Actual revenues for Nvidia&#39;s FQ2&#39;23 were indeed $6.7B, showing 3% growth year-over-year, but also a 19% drop-off compared to FQ1. Unfortunately, Nvidia&#39;s gross margins collapsed in the second fiscal quarter to 45.9%, showing a decrease of 21.1 PP quarter-over-quarter. The drop in revenues and gross margins was overwhelmingly caused by the Gaming segment which reported, as expected, a 44% quarter-over-quarter drop in revenues due toweakening demand for GPUs and declining pricing strengthfor Nvidia&#39;s graphic cards. Weakening pricing for GPUsalso affected AMDin the last quarter, but Nvidia is more reliant on GPU sales than AMD and therefore more affected than its rival by the slowdown in the industry.</p><p><img src=\"https://static.tigerbbs.com/9690c900cda9585b16d72361723e11ca\" tg-width=\"909\" tg-height=\"274\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Nvidia: Final FQ2&#39;23 Results</p><p>Nvidia&#39;s Data Center revenues soared 61% year-over-year to $3.8B in FQ2 due to growing customer uptake of Nvidia&#39;s computing platforms that support data analysis and allow for the managing and scaling of artificial intelligence applications. Nvidia&#39;s Data Center business, because of the slowdown in the GPU segment, pulled ahead of Nvidia&#39;s Gaming segment regarding revenue generation in FQ2.</p><p>While Nvidia&#39;s Gaming business saw the biggest slowdown, the firm&#39;s &#39;OEM and Other&#39; business -- which includes the sale of dedicated cryptocurrency mining processors/CMPs -- also slumped. Nvidia&#39;s CMPs are used by cryptocurrency miners to validate transactions for proof of work cryptocurrencies like Ethereum (ETH-USD).</p><p>Nvidia doesn&#39;t break out how much of its OEM revenues are related to CMP sales, but crashing cryptocurrency prices in 2022 have not been good for business, obviously. Nvidia generated just $140M of OEM and Other revenues in FQ2, showing a decline of 66% year-over-year, due chiefly to decelerating demand for dedicated cryptocurrency mining processors. For those reasons, I don&#39;t see Nvidia developing its CMP business into a multi-billion dollar revenue opportunity, aspredicted previously, in the near term.</p><p><img src=\"https://static.tigerbbs.com/021fa94ce8462c4eecb6cdfc173dd154\" tg-width=\"1058\" tg-height=\"578\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Nvidia: Segment Revenue Trends</p><p><b>Nightmarish guidance</b></p><p>The most important piece of new information in Nvidia&#39;s release was the outlook for FQ3. Nvidia expects revenues of $5.90B plus or minus $118M, which would mark another 12% quarter-over-quarter decrease in consolidated revenues, which comes on top of the 19% quarter-over-quarter drop in revenues in FQ2. On an annualized basis, FQ3 revenues are down 29% compared to the beginning of the year, which marks a massive slowdown in Nvidia&#39;s business. The revenue downgrade for FQ3 occurred as Nvidia expects the Gaming industry to adjust to lower GPU demand and work throughhigh inventory levels. Nvidia&#39;s revenue guidance of $5.9B for FQ3 compares to aconsensus FQ3 estimate of $6.9B, meaning actual guidance was a massive $1.0B below the most recent revenue prediction.</p><p>I expected a sequential down-turn in revenues, led by Gaming, and projected FQ3 revenues to be between $6.0B to $6.2B, which reflected a sequential decline of up to 10%. Apparently, the situation in the Gaming industry is even more serious for Nvidia than expected, and it will affect how the market generates revenue estimates and values the stock going forward.</p><h3>My expectations for Nvidia going forward</h3><p>I expect Nvidia to continue to expand its Data Center business as demand for cloud computing, AI applications and hyper-scale platforms is only going to grow. However, I expect growth in this segment to be overshadowed by continual declines and pricing weakness in the Gaming segment. Worldwide PC shipments are expected to decline 9.5% (according toGartner) in 2022, but I believe the drop could be even larger if a deeper US recession were to bite.</p><p>Since there is no short-term solution to getting rid of high inventories in the PC industry, I expect pricing weakness in the GPU market to weigh on Nvidia&#39;s revenue potential. I also expect the pricing trend for both NVIDIA&#39;s GeForce RTX 30 and AMD&#39;s Radeon RX 6000 to remain negative, with larger discounts to the manufacturer&#39;s suggested retail price possible. Nvidia&#39;s RTX 30 GPU was available at a 9% discount to MSRP in July. Given the high inventory levels in the PC market paired with a drop-off in GPU demand, I expect Nvidia&#39;s flagship graphics card to trade at even higher discount to the MSRP going forward.</p><p>Because of the headwinds in the Gaming business, I expect Nvidia to generate about $27B in full-year revenues in FY 2023 (down from $28B), which means the chip maker could see no year-over-year growth whatsoever this year.</p><p><img src=\"https://static.tigerbbs.com/297c23d10b4798c94de6cfa3ff793b91\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue (Quarterly YoY Growth) data by YCharts</p><p><b>Estimate and valuation risk</b></p><p>Nvidia&#39;s revenue estimates are now going to reset after the chip maker submitted a seriously bad guidance for its third fiscal quarter. As analysts incorporate Nvidia&#39;s FQ3&#39;23 revenue guidance into their projections, Nvidia is likely going to see a massive, broad-based reduction for its FY 2023 revenue predictions. Since lofty revenue expectations have been used to justify Nvidia&#39;s generous valuation, a reset of expectations has the potential to drive a downward revaluation of Nvidia&#39;s shares.</p><p>Nvidia&#39;s shares dropped 4.6% after regular trading yesterday and, I believe, the drop does not accurately reflect the seriousness of the sequential revenue downgrade. Nvidia currently has a P-S ratio of 12.2x, and if revenue estimates continue to fall, the valuation factor may even increase.</p><p><img src=\"https://static.tigerbbs.com/92263effbea15a27a9d0154ceff211d1\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue Estimates for Current Fiscal Yeardata by YCharts</p><p><b>Other risks/considerations with Nvidia</b></p><p>I see two big risks for Nvidia at this point in time. The first one is that the slowdown in the GPU market may last for quite some time, meaning Nvidia may have to deal with slowing Gaming segment revenues for more than just one more quarter. This is because thePC market is in a declinewhich affects the shipment of Nvidia&#39;s GPUs. Secondly, revenue and earnings estimates, especially after the nightmarish guidance for FQ3&#39;23, will reflect a reset of growth expectations which in itself could lead Nvidia&#39;s shares into a new down-leg.</p><p><b>Final thoughts</b></p><p>Shares of Nvidia dropped 4.6% after the market closed, but I believe the sharpness of the expected revenue decline in FQ3 is not accurately reflected in this drop. The guidance truly is a game-changer because Nvidia&#39;s period of hyper-growth is ending.</p><p>Nvidia&#39;s outlook for FQ3&#39;23 revenues was $1.0B below expectations and the company is going through a major post-pandemic reset in the GPU market… which could affect Nvidia&#39;s valuation much more severely going forward. As estimates correct to the downside, Nvidia&#39;s valuation is set to experience more pressure!</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>Nvidia: Guidance Is A Game-Changer</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\">\nNvidia: Guidance Is A Game-Changer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-28 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.Nvidia’s FY 2023 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer\">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://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161837457","content_text":"SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.Nvidia’s FY 2023 revenue estimates are set for a major downward revision.Nvidia (NASDAQ:NVDA) finally released highly anticipated earnings for its second fiscal quarter of FY 2023. Part of the earnings report card was the outlook for Nvidia's third fiscal quarter, which was significantly worse than expected. Nvidia is seeing a massiveslowdown in its Gaming business due to weakening demand and pricing for graphics processing units which have supported the chip maker's results last year. Because of the size of the expected revenue drop-off in FQ3'23, Nvidia's shares are likely set to correct further to the downside!Nvidia's FQ2'23 earnings card was as expectedNvidia's second quarter results largely conformed with the release of preliminary results from the beginning of August. Nvidia guided for $6.7B in FQ2 revenues due to a 33% year-over-year top line decrease in the Gaming segment. Actual revenues for Nvidia's FQ2'23 were indeed $6.7B, showing 3% growth year-over-year, but also a 19% drop-off compared to FQ1. Unfortunately, Nvidia's gross margins collapsed in the second fiscal quarter to 45.9%, showing a decrease of 21.1 PP quarter-over-quarter. The drop in revenues and gross margins was overwhelmingly caused by the Gaming segment which reported, as expected, a 44% quarter-over-quarter drop in revenues due toweakening demand for GPUs and declining pricing strengthfor Nvidia's graphic cards. Weakening pricing for GPUsalso affected AMDin the last quarter, but Nvidia is more reliant on GPU sales than AMD and therefore more affected than its rival by the slowdown in the industry.Nvidia: Final FQ2'23 ResultsNvidia's Data Center revenues soared 61% year-over-year to $3.8B in FQ2 due to growing customer uptake of Nvidia's computing platforms that support data analysis and allow for the managing and scaling of artificial intelligence applications. Nvidia's Data Center business, because of the slowdown in the GPU segment, pulled ahead of Nvidia's Gaming segment regarding revenue generation in FQ2.While Nvidia's Gaming business saw the biggest slowdown, the firm's 'OEM and Other' business -- which includes the sale of dedicated cryptocurrency mining processors/CMPs -- also slumped. Nvidia's CMPs are used by cryptocurrency miners to validate transactions for proof of work cryptocurrencies like Ethereum (ETH-USD).Nvidia doesn't break out how much of its OEM revenues are related to CMP sales, but crashing cryptocurrency prices in 2022 have not been good for business, obviously. Nvidia generated just $140M of OEM and Other revenues in FQ2, showing a decline of 66% year-over-year, due chiefly to decelerating demand for dedicated cryptocurrency mining processors. For those reasons, I don't see Nvidia developing its CMP business into a multi-billion dollar revenue opportunity, aspredicted previously, in the near term.Nvidia: Segment Revenue TrendsNightmarish guidanceThe most important piece of new information in Nvidia's release was the outlook for FQ3. Nvidia expects revenues of $5.90B plus or minus $118M, which would mark another 12% quarter-over-quarter decrease in consolidated revenues, which comes on top of the 19% quarter-over-quarter drop in revenues in FQ2. On an annualized basis, FQ3 revenues are down 29% compared to the beginning of the year, which marks a massive slowdown in Nvidia's business. The revenue downgrade for FQ3 occurred as Nvidia expects the Gaming industry to adjust to lower GPU demand and work throughhigh inventory levels. Nvidia's revenue guidance of $5.9B for FQ3 compares to aconsensus FQ3 estimate of $6.9B, meaning actual guidance was a massive $1.0B below the most recent revenue prediction.I expected a sequential down-turn in revenues, led by Gaming, and projected FQ3 revenues to be between $6.0B to $6.2B, which reflected a sequential decline of up to 10%. Apparently, the situation in the Gaming industry is even more serious for Nvidia than expected, and it will affect how the market generates revenue estimates and values the stock going forward.My expectations for Nvidia going forwardI expect Nvidia to continue to expand its Data Center business as demand for cloud computing, AI applications and hyper-scale platforms is only going to grow. However, I expect growth in this segment to be overshadowed by continual declines and pricing weakness in the Gaming segment. Worldwide PC shipments are expected to decline 9.5% (according toGartner) in 2022, but I believe the drop could be even larger if a deeper US recession were to bite.Since there is no short-term solution to getting rid of high inventories in the PC industry, I expect pricing weakness in the GPU market to weigh on Nvidia's revenue potential. I also expect the pricing trend for both NVIDIA's GeForce RTX 30 and AMD's Radeon RX 6000 to remain negative, with larger discounts to the manufacturer's suggested retail price possible. Nvidia's RTX 30 GPU was available at a 9% discount to MSRP in July. Given the high inventory levels in the PC market paired with a drop-off in GPU demand, I expect Nvidia's flagship graphics card to trade at even higher discount to the MSRP going forward.Because of the headwinds in the Gaming business, I expect Nvidia to generate about $27B in full-year revenues in FY 2023 (down from $28B), which means the chip maker could see no year-over-year growth whatsoever this year.NVDA Revenue (Quarterly YoY Growth) data by YChartsEstimate and valuation riskNvidia's revenue estimates are now going to reset after the chip maker submitted a seriously bad guidance for its third fiscal quarter. As analysts incorporate Nvidia's FQ3'23 revenue guidance into their projections, Nvidia is likely going to see a massive, broad-based reduction for its FY 2023 revenue predictions. Since lofty revenue expectations have been used to justify Nvidia's generous valuation, a reset of expectations has the potential to drive a downward revaluation of Nvidia's shares.Nvidia's shares dropped 4.6% after regular trading yesterday and, I believe, the drop does not accurately reflect the seriousness of the sequential revenue downgrade. Nvidia currently has a P-S ratio of 12.2x, and if revenue estimates continue to fall, the valuation factor may even increase.NVDA Revenue Estimates for Current Fiscal Yeardata by YChartsOther risks/considerations with NvidiaI see two big risks for Nvidia at this point in time. The first one is that the slowdown in the GPU market may last for quite some time, meaning Nvidia may have to deal with slowing Gaming segment revenues for more than just one more quarter. This is because thePC market is in a declinewhich affects the shipment of Nvidia's GPUs. Secondly, revenue and earnings estimates, especially after the nightmarish guidance for FQ3'23, will reflect a reset of growth expectations which in itself could lead Nvidia's shares into a new down-leg.Final thoughtsShares of Nvidia dropped 4.6% after the market closed, but I believe the sharpness of the expected revenue decline in FQ3 is not accurately reflected in this drop. The guidance truly is a game-changer because Nvidia's period of hyper-growth is ending.Nvidia's outlook for FQ3'23 revenues was $1.0B below expectations and the company is going through a major post-pandemic reset in the GPU market… which could affect Nvidia's valuation much more severely going forward. As estimates correct to the downside, Nvidia's valuation is set to experience more pressure!","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073689993,"gmtCreate":1657333879212,"gmtModify":1676535993678,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073689993","repostId":"2250694600","repostType":4,"repost":{"id":"2250694600","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":1657323106,"share":"https://ttm.financial/m/news/2250694600?lang=&edition=fundamental","pubTime":"2022-07-09 07:31","market":"us","language":"en","title":"US STOCKS-Wall Street Gyrates to Muted Close As Investors Weigh Jobs Data in Rate Debate","url":"https://stock-news.laohu8.com/highlight/detail?id=2250694600","media":"Reuters","summary":"* Monthly U.S. jobs growth stronger-than-expected* Nasdaq up for 5th straight session: best run sinc","content":"<html><head></head><body><p>* Monthly U.S. jobs growth stronger-than-expected</p><p>* Nasdaq up for 5th straight session: best run since Nov</p><p>* Indexes: Dow fell 0.15%, S&amp;P down 0.08%, Nasdaq rose 0.12%</p><p>* All three benchmarks end the week higher</p><p>Wall Street ended little changed on Friday after a volatile session in which investors tried to comprehend how a robust jobs report would influence the U.S. Federal Reserve and its plans to aggressively hike interest rates.</p><p>Despite the bumpy nature of the day though, the Nasdaq posted its fifth straight gain - its longest winning streak since the beginning of November - and all three benchmarks finished solidly up for the week shortened by the Independence Day holiday.</p><p>The Labor Department&#39;s closely awaited data showed nonfarm payrolls rose by 372,000 jobs in June, higher than the estimated rise of 268,000 jobs, according to a Reuters poll of economists.</p><p>The report also showed the jobless rate remained near pre-pandemic lows at 3.6% and average hourly earnings rose 0.3%, after gaining 0.4% in May.</p><p>After a brutal first half of the year, U.S. stock markets started July on a solid footing as investors took relief from easing commodity prices and the Fed hinting at a more tempered program of rate hikes amid concerns of a recession.</p><p>&#34;We think the market has right-sized itself, somewhat, and will continue to adjust around the edges as we see macro data and as we work our way through earnings season,&#34; said Mike Loukas, chief executive of TrueMark Investments.</p><p>&#34;Now it&#39;s a matter of people trying to figure out where the entry point is, and where the bottom is or if we are close to it.&#34;</p><p>Investors remain nervy though, sifting through each new piece of data and commentary from Fed governors to see how this might influence the U.S. central bank&#39;s plans to dramatically shift rates higher.</p><p>This resulted in see-saw trading on Friday, with all three main benchmarks experiencing periods in positive and negative territory.</p><p>&#34;The market suspects when you start to see truly strong signs of the Fed relaxing its path of rate increases and leading indicators picking up, we&#39;ll probably get a pretty good upward movement in the market, and no <a href=\"https://laohu8.com/S/AONE.U\">one</a> wants to miss that,&#34; said Derek Izuel, chief investment officer at Shelton Capital Management.</p><p>&#34;So we&#39;re going to have this volatility as we have all these false starts along the way.&#34;</p><p>With the earnings season around the corner, investors will focus on company forecasts as well as key inflation data expected next week to gauge the health of the economy.</p><p>Atlanta Fed President Raphael Bostic, until recently among the central bank&#39;s most dovish policymakers, said on Friday he &#34;fully&#34; supports another 75-basis-point rate rise later this month.</p><p>Speaking later on Friday, New York Federal Reserve President John Williams did not specify if he favors a half point or three-quarter point increase at the Fed&#39;s upcoming July meeting, but acknowledged rising interest rates were affecting the economy.</p><p>On Friday, the Dow Jones Industrial Average fell 46.4 points, or 0.15%, to 31,338.15, the S&amp;P 500 lost 3.24 points, or 0.08%, to 3,899.38 and the Nasdaq Composite added 13.96 points, or 0.12%, to 11,635.31.</p><p>For the week, the Nasdaq gained 4.5%, while the S&amp;P and Dow advanced 1.9% and 0.8%, respectively.</p><p>Volume on U.S. exchanges was 9.60 billion shares, compared with the 13.03 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted two new 52-week highs and 29 new lows; the Nasdaq Composite recorded 21 new highs and 52 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Gyrates to Muted Close As Investors Weigh Jobs Data in Rate Debate</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 STOCKS-Wall Street Gyrates to Muted Close As Investors Weigh Jobs Data in Rate Debate\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\">2022-07-09 07:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Monthly U.S. jobs growth stronger-than-expected</p><p>* Nasdaq up for 5th straight session: best run since Nov</p><p>* Indexes: Dow fell 0.15%, S&amp;P down 0.08%, Nasdaq rose 0.12%</p><p>* All three benchmarks end the week higher</p><p>Wall Street ended little changed on Friday after a volatile session in which investors tried to comprehend how a robust jobs report would influence the U.S. Federal Reserve and its plans to aggressively hike interest rates.</p><p>Despite the bumpy nature of the day though, the Nasdaq posted its fifth straight gain - its longest winning streak since the beginning of November - and all three benchmarks finished solidly up for the week shortened by the Independence Day holiday.</p><p>The Labor Department&#39;s closely awaited data showed nonfarm payrolls rose by 372,000 jobs in June, higher than the estimated rise of 268,000 jobs, according to a Reuters poll of economists.</p><p>The report also showed the jobless rate remained near pre-pandemic lows at 3.6% and average hourly earnings rose 0.3%, after gaining 0.4% in May.</p><p>After a brutal first half of the year, U.S. stock markets started July on a solid footing as investors took relief from easing commodity prices and the Fed hinting at a more tempered program of rate hikes amid concerns of a recession.</p><p>&#34;We think the market has right-sized itself, somewhat, and will continue to adjust around the edges as we see macro data and as we work our way through earnings season,&#34; said Mike Loukas, chief executive of TrueMark Investments.</p><p>&#34;Now it&#39;s a matter of people trying to figure out where the entry point is, and where the bottom is or if we are close to it.&#34;</p><p>Investors remain nervy though, sifting through each new piece of data and commentary from Fed governors to see how this might influence the U.S. central bank&#39;s plans to dramatically shift rates higher.</p><p>This resulted in see-saw trading on Friday, with all three main benchmarks experiencing periods in positive and negative territory.</p><p>&#34;The market suspects when you start to see truly strong signs of the Fed relaxing its path of rate increases and leading indicators picking up, we&#39;ll probably get a pretty good upward movement in the market, and no <a href=\"https://laohu8.com/S/AONE.U\">one</a> wants to miss that,&#34; said Derek Izuel, chief investment officer at Shelton Capital Management.</p><p>&#34;So we&#39;re going to have this volatility as we have all these false starts along the way.&#34;</p><p>With the earnings season around the corner, investors will focus on company forecasts as well as key inflation data expected next week to gauge the health of the economy.</p><p>Atlanta Fed President Raphael Bostic, until recently among the central bank&#39;s most dovish policymakers, said on Friday he &#34;fully&#34; supports another 75-basis-point rate rise later this month.</p><p>Speaking later on Friday, New York Federal Reserve President John Williams did not specify if he favors a half point or three-quarter point increase at the Fed&#39;s upcoming July meeting, but acknowledged rising interest rates were affecting the economy.</p><p>On Friday, the Dow Jones Industrial Average fell 46.4 points, or 0.15%, to 31,338.15, the S&amp;P 500 lost 3.24 points, or 0.08%, to 3,899.38 and the Nasdaq Composite added 13.96 points, or 0.12%, to 11,635.31.</p><p>For the week, the Nasdaq gained 4.5%, while the S&amp;P and Dow advanced 1.9% and 0.8%, respectively.</p><p>Volume on U.S. exchanges was 9.60 billion shares, compared with the 13.03 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted two new 52-week highs and 29 new lows; the Nasdaq Composite recorded 21 new highs and 52 new lows.</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":"2250694600","content_text":"* Monthly U.S. jobs growth stronger-than-expected* Nasdaq up for 5th straight session: best run since Nov* Indexes: Dow fell 0.15%, S&P down 0.08%, Nasdaq rose 0.12%* All three benchmarks end the week higherWall Street ended little changed on Friday after a volatile session in which investors tried to comprehend how a robust jobs report would influence the U.S. Federal Reserve and its plans to aggressively hike interest rates.Despite the bumpy nature of the day though, the Nasdaq posted its fifth straight gain - its longest winning streak since the beginning of November - and all three benchmarks finished solidly up for the week shortened by the Independence Day holiday.The Labor Department's closely awaited data showed nonfarm payrolls rose by 372,000 jobs in June, higher than the estimated rise of 268,000 jobs, according to a Reuters poll of economists.The report also showed the jobless rate remained near pre-pandemic lows at 3.6% and average hourly earnings rose 0.3%, after gaining 0.4% in May.After a brutal first half of the year, U.S. stock markets started July on a solid footing as investors took relief from easing commodity prices and the Fed hinting at a more tempered program of rate hikes amid concerns of a recession.\"We think the market has right-sized itself, somewhat, and will continue to adjust around the edges as we see macro data and as we work our way through earnings season,\" said Mike Loukas, chief executive of TrueMark Investments.\"Now it's a matter of people trying to figure out where the entry point is, and where the bottom is or if we are close to it.\"Investors remain nervy though, sifting through each new piece of data and commentary from Fed governors to see how this might influence the U.S. central bank's plans to dramatically shift rates higher.This resulted in see-saw trading on Friday, with all three main benchmarks experiencing periods in positive and negative territory.\"The market suspects when you start to see truly strong signs of the Fed relaxing its path of rate increases and leading indicators picking up, we'll probably get a pretty good upward movement in the market, and no one wants to miss that,\" said Derek Izuel, chief investment officer at Shelton Capital Management.\"So we're going to have this volatility as we have all these false starts along the way.\"With the earnings season around the corner, investors will focus on company forecasts as well as key inflation data expected next week to gauge the health of the economy.Atlanta Fed President Raphael Bostic, until recently among the central bank's most dovish policymakers, said on Friday he \"fully\" supports another 75-basis-point rate rise later this month.Speaking later on Friday, New York Federal Reserve President John Williams did not specify if he favors a half point or three-quarter point increase at the Fed's upcoming July meeting, but acknowledged rising interest rates were affecting the economy.On Friday, the Dow Jones Industrial Average fell 46.4 points, or 0.15%, to 31,338.15, the S&P 500 lost 3.24 points, or 0.08%, to 3,899.38 and the Nasdaq Composite added 13.96 points, or 0.12%, to 11,635.31.For the week, the Nasdaq gained 4.5%, while the S&P and Dow advanced 1.9% and 0.8%, respectively.Volume on U.S. exchanges was 9.60 billion shares, compared with the 13.03 billion average for the full session over the last 20 trading days.The S&P 500 posted two new 52-week highs and 29 new lows; the Nasdaq Composite recorded 21 new highs and 52 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9025929890,"gmtCreate":1653612936610,"gmtModify":1676535314264,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025929890","repostId":"2238908668","repostType":4,"repost":{"id":"2238908668","pubTimestamp":1653608035,"share":"https://ttm.financial/m/news/2238908668?lang=&edition=fundamental","pubTime":"2022-05-27 07:33","market":"us","language":"en","title":"Why Did Alibaba Shares Surge Almost 15% on Thursday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2238908668","media":"seekingalpha","summary":"Alibaba shares flexed their muscles all day, Thursday, closing with a gain of almost 15% after the C","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> shares flexed their muscles all day, Thursday, closing with a gain of almost 15% after the Chinese Internet kingpin reported better-than-expected fiscal fourth-quarter results.<img src=\"https://static.tigerbbs.com/526ccbeee78266cb110815fad6af13a2\" tg-width=\"875\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/></p><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> said that it earned the equivalent of $1.55 a share, on $32.2B in revenue for the quarter ended March 31. Wall Street analysts had forecast Alibaba to earn $1.07 a share, on $29.9B in revenue.</p><p>Demand for online services ranging from shopping to cloud-based products has skyrocketed in China as strict lockdowns prompt people to work, shop and keep themselves entertained from homes.</p><p>Revenue in the cloud computing division rose 12% to 18.97 billion yuan in the reported quarter. At the core commerce unit, its largest, revenue rose 8% to 140.33 billion yuan.</p><p>Reaction to Alibaba was roundly positive on Wall Street, as the company&#39;s shares ended the day at $94.39, their highest closing point in three weeks. Almost 44 million Alibaba shares traded hands during the day&#39;s market session. The company averages 33.7 million shares exchanged on a daily basis.</p><p>Alibaba CEO Daniel Zhang said in a press release that the company &#34;delivered on the goal of serving one billion annual active consumers in China this past quarter&#34; and that the company achieved a record gross merchandise volume (GMV) of $1.3 billion for the full year, despite &#34;macro challenges&#34; and supply chain issues.</p><p>Along with <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>, another Chinese Internet leader, <a href=\"https://laohu8.com/S/BIDU\">Baidu</a>, saw its shares rise almost 15% on Thursday following its strong first-quarter results.</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>Why Did Alibaba Shares Surge Almost 15% on Thursday?</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 Did Alibaba Shares Surge Almost 15% on Thursday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-27 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3843268-why-did-alibaba-shares-surge-almost-15-on-thursday-strong-results-during-chinas-covid-shutdowns><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba shares flexed their muscles all day, Thursday, closing with a gain of almost 15% after the Chinese Internet kingpin reported better-than-expected fiscal fourth-quarter results.Alibaba said ...</p>\n\n<a href=\"https://seekingalpha.com/news/3843268-why-did-alibaba-shares-surge-almost-15-on-thursday-strong-results-during-chinas-covid-shutdowns\">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"},"source_url":"https://seekingalpha.com/news/3843268-why-did-alibaba-shares-surge-almost-15-on-thursday-strong-results-during-chinas-covid-shutdowns","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2238908668","content_text":"Alibaba shares flexed their muscles all day, Thursday, closing with a gain of almost 15% after the Chinese Internet kingpin reported better-than-expected fiscal fourth-quarter results.Alibaba said that it earned the equivalent of $1.55 a share, on $32.2B in revenue for the quarter ended March 31. Wall Street analysts had forecast Alibaba to earn $1.07 a share, on $29.9B in revenue.Demand for online services ranging from shopping to cloud-based products has skyrocketed in China as strict lockdowns prompt people to work, shop and keep themselves entertained from homes.Revenue in the cloud computing division rose 12% to 18.97 billion yuan in the reported quarter. At the core commerce unit, its largest, revenue rose 8% to 140.33 billion yuan.Reaction to Alibaba was roundly positive on Wall Street, as the company's shares ended the day at $94.39, their highest closing point in three weeks. Almost 44 million Alibaba shares traded hands during the day's market session. The company averages 33.7 million shares exchanged on a daily basis.Alibaba CEO Daniel Zhang said in a press release that the company \"delivered on the goal of serving one billion annual active consumers in China this past quarter\" and that the company achieved a record gross merchandise volume (GMV) of $1.3 billion for the full year, despite \"macro challenges\" and supply chain issues.Along with Alibaba, another Chinese Internet leader, Baidu, saw its shares rise almost 15% on Thursday following its strong first-quarter results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9053978155,"gmtCreate":1654478161277,"gmtModify":1676535454040,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053978155","repostId":"2241438167","repostType":4,"repost":{"id":"2241438167","pubTimestamp":1654473879,"share":"https://ttm.financial/m/news/2241438167?lang=&edition=fundamental","pubTime":"2022-06-06 08:04","market":"us","language":"en","title":"3 Reasons Amazon Stock Could Soar After Its Split","url":"https://stock-news.laohu8.com/highlight/detail?id=2241438167","media":"Motley Fool","summary":"It's time to buy. Here's why.","content":"<html><head></head><body><p>Investors get excited about stock splits. It&#39;s certainly understandable; getting more shares of your favorite company can bring a smile to the faces of even the most stoic among us.</p><p>It&#39;s also true that companies that announce their intentions to split their stock tend to see their share prices run up as the split date approaches. Even though stock splits do not fundamentally alter the value of a business -- they simply create more slices of the same pie -- many people are happy to buy more shares at lower prices.</p><p>Professional traders know this, so they also tend to buy stocks that are about to split ahead of their split dates. All this buying can drive share prices up, bringing in more momentum traders and adding fuel to the fire.</p><p>Here&#39;s why the cloud-computing juggernaut&#39;s stock price is set to soar.</p><p><img src=\"https://static.tigerbbs.com/dd963c97f0f0f51fca7e69b7dc106ddd\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Getty images.</p><h2>1. AWS is a beast</h2><p>When most people think of Amazon, they understandably think of its massive e-commerce business. The online retail leader commands the lion&#39;s share of many global e-commerce markets. For example, roughly 57% of all online retail purchases in the U.S. are made on Amazon&#39;s platform, according to digital payments research company PYMNTS. So the company&#39;s e-commerce sites are how many people engage with its services every day.</p><p>Yet many businesses rely on Amazon for an entirely different reason. Amazon Web Services (AWS) is the dominant cloud computing platform. It&#39;s the infrastructure millions of organizations use to power their cloud-based applications. AWS makes it easy to access high-performance computing and storage, as well as an ever-growing array of cloud services. Cutting-edge technologies, such as machine learning and artificial intelligence, are also readily available.</p><p>With lower up-front costs, it&#39;s often more cost-effective for start-ups to use AWS than building out their own data centers. AWS also gives small businesses access to many of the same tools as their larger rivals. And large companies can use AWS to quickly scale operations while gaining additional security above what their own on-premise networks could provide.</p><p>For these and other reasons, AWS has become a huge and fast-growing business for Amazon, as well as its most important profit driver. The segment&#39;s revenue surged 37% year over year to $18.4 billion in the first quarter alone, while its operating income soared an even more impressive 57%, to $6.5 billion.</p><p>With the shift to the cloud still in its early innings, AWS&#39; growth should continue to fuel Amazon&#39;s expansion for many years to come.</p><h2>2. Advertising is booming</h2><p>Digital advertising is another often-overlooked profit driver for Amazon. With so many consumers beginning (and often ending) their online shopping searches on Amazon, the company&#39;s ad platform has become an indispensable marketing tool for countless third-party merchants.</p><p>Amazon offers what few other companies can: the ability to advertise to consumers when they are most ready to buy. People go to the platform for the express purpose of searching for and purchasing the items they need and want. Conversion rates on its ad network thus tend to be much higher than on general search engines or social media sites. Merchants know this, and they&#39;re willing to pay large sums to gain access to these customers.</p><p>Amazon&#39;s advertising business, in turn, is growing rapidly. Ad revenue jumped 23% to a whopping $7.9 billion in the first quarter. With more ad spending moving to digital channels every day, Amazon&#39;s burgeoning ad business is set to grow far larger in the years ahead.</p><h2>3. The stock is cheap</h2><p>The broad market sell-off has battered the prices of even the best businesses this year. That includes Amazon, which has seen its share price shed more than a quarter of its value since the beginning of the year.</p><p>The stock now trades for roughly 20 times its projected operating cash flow of $121 per share in 2022. That&#39;s at the bottom end of the range it&#39;s traded within over the past five years.</p><p><img src=\"https://static.tigerbbs.com/b00e82e906e2592a61ebf9ba4884afca\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/></p><p>AMZN price to CFO per share (TTM). Data by YCharts. TTM = trailing 12 months; CFO = cash flow from operations.</p><p>Amazon&#39;s valuation looks even more attractive when we use analysts&#39; estimates for 2023. Its shares can currently be had for less than 14 times its expected operating cash flow for next year of $176 per share.</p><p>Said differently, Amazon&#39;s stock is unlikely to be trading at its current price in the coming years. What&#39;s far more likely is that investors will bid up the shares as AWS and advertising sales drive its profits sharply higher.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Amazon Stock Could Soar After Its Split</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Amazon Stock Could Soar After Its Split\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-06 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/05/3-reasons-amazon-stock-can-soar-after-stock-split/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors get excited about stock splits. It's certainly understandable; getting more shares of your favorite company can bring a smile to the faces of even the most stoic among us.It's also true that...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/05/3-reasons-amazon-stock-can-soar-after-stock-split/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2022/06/05/3-reasons-amazon-stock-can-soar-after-stock-split/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2241438167","content_text":"Investors get excited about stock splits. It's certainly understandable; getting more shares of your favorite company can bring a smile to the faces of even the most stoic among us.It's also true that companies that announce their intentions to split their stock tend to see their share prices run up as the split date approaches. Even though stock splits do not fundamentally alter the value of a business -- they simply create more slices of the same pie -- many people are happy to buy more shares at lower prices.Professional traders know this, so they also tend to buy stocks that are about to split ahead of their split dates. All this buying can drive share prices up, bringing in more momentum traders and adding fuel to the fire.Here's why the cloud-computing juggernaut's stock price is set to soar.Image source: Getty images.1. AWS is a beastWhen most people think of Amazon, they understandably think of its massive e-commerce business. The online retail leader commands the lion's share of many global e-commerce markets. For example, roughly 57% of all online retail purchases in the U.S. are made on Amazon's platform, according to digital payments research company PYMNTS. So the company's e-commerce sites are how many people engage with its services every day.Yet many businesses rely on Amazon for an entirely different reason. Amazon Web Services (AWS) is the dominant cloud computing platform. It's the infrastructure millions of organizations use to power their cloud-based applications. AWS makes it easy to access high-performance computing and storage, as well as an ever-growing array of cloud services. Cutting-edge technologies, such as machine learning and artificial intelligence, are also readily available.With lower up-front costs, it's often more cost-effective for start-ups to use AWS than building out their own data centers. AWS also gives small businesses access to many of the same tools as their larger rivals. And large companies can use AWS to quickly scale operations while gaining additional security above what their own on-premise networks could provide.For these and other reasons, AWS has become a huge and fast-growing business for Amazon, as well as its most important profit driver. The segment's revenue surged 37% year over year to $18.4 billion in the first quarter alone, while its operating income soared an even more impressive 57%, to $6.5 billion.With the shift to the cloud still in its early innings, AWS' growth should continue to fuel Amazon's expansion for many years to come.2. Advertising is boomingDigital advertising is another often-overlooked profit driver for Amazon. With so many consumers beginning (and often ending) their online shopping searches on Amazon, the company's ad platform has become an indispensable marketing tool for countless third-party merchants.Amazon offers what few other companies can: the ability to advertise to consumers when they are most ready to buy. People go to the platform for the express purpose of searching for and purchasing the items they need and want. Conversion rates on its ad network thus tend to be much higher than on general search engines or social media sites. Merchants know this, and they're willing to pay large sums to gain access to these customers.Amazon's advertising business, in turn, is growing rapidly. Ad revenue jumped 23% to a whopping $7.9 billion in the first quarter. With more ad spending moving to digital channels every day, Amazon's burgeoning ad business is set to grow far larger in the years ahead.3. The stock is cheapThe broad market sell-off has battered the prices of even the best businesses this year. That includes Amazon, which has seen its share price shed more than a quarter of its value since the beginning of the year.The stock now trades for roughly 20 times its projected operating cash flow of $121 per share in 2022. That's at the bottom end of the range it's traded within over the past five years.AMZN price to CFO per share (TTM). Data by YCharts. TTM = trailing 12 months; CFO = cash flow from operations.Amazon's valuation looks even more attractive when we use analysts' estimates for 2023. Its shares can currently be had for less than 14 times its expected operating cash flow for next year of $176 per share.Said differently, Amazon's stock is unlikely to be trading at its current price in the coming years. What's far more likely is that investors will bid up the shares as AWS and advertising sales drive its profits sharply higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028487543,"gmtCreate":1653268007282,"gmtModify":1676535250244,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028487543","repostId":"1171500400","repostType":4,"repost":{"id":"1171500400","pubTimestamp":1653263894,"share":"https://ttm.financial/m/news/1171500400?lang=&edition=fundamental","pubTime":"2022-05-23 07:58","market":"sg","language":"en","title":"Singapore Stock Market Expected To Be Rangebound On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1171500400","media":"RTTNews","summary":"The Singapore stock market bounced higher again on Friday, one day after halting the three-day winni","content":"<html><head></head><body><p>The Singapore stock market bounced higher again on Friday, one day after halting the three-day winning streak in which it had improved more than 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,240-point plateau and it&#39;s likely to see little movement on Monday.</p><p>The global forecast for the Asian markets is flat to slightly higher, with support from oil stocks capped by weakness from tech shares. The European markets were slightly higher and the U.S. bourses were mixed and little changed and the Asian markets figure to split the difference.</p><p>The STI finished sharply higher on Friday following gains from the financial shares, property stocks and industrial issues.</p><p>For the day, the index spiked 49.87 points or 1.56 percent to finish at 3,240.58 after trading between 3,210.75 and 3,246.13. Volume was 1.81 billion shares worth 1.54 billion Singapore dollars. There were 340 gainers and 170 decliners.</p><p>Among the actives, Ascendas REIT added 0.74 percent, while CapitaLand Integrated Commercial Trust perked 0.45 percent, CapitaLand Investment accelerated 2.62 percent, City Developments strengthened 2.25 percent, Comfort DelGro rose 0.68 percent, DBS Group collected 1.00 percent, Genting Singapore rallied 2.60 percent, Hongkong Land jumped 2.34 percent, Keppel Corp increased 0.89 percent, Mapletree Industrial Trust was up 0.41 percent, Oversea-Chinese Banking Corporation gathered 1.03 percent, SATS soared 3.40 percent, SembCorp Industries improved 1.41 percent, Singapore Exchange climbed 2.07 percent, Singapore Technologies Engineering advanced 2.00 percent, Thai Beverage gained 0.71 percent, United Overseas Bank spiked 3.19 percent, Wilmar International surged 4.13 percent, Yangzijiang Financial skyrocketed 8.97 percent and Yangzijiang Shipbuilding, Mapletree Commercial Trust, Mapletree Logistics Trust, SingTel and Frasers Logistics were unchanged.</p><p>Wall Street offers little guidance as the major averages opened higher on Friday, quickly plummeted into the red before rallying to finish mixed and little changed.</p><p>The Dow added 8.77 points or 0.03 percent to finish at 31,261.90, while the NASDAQ fell 33.88 points or 0.30 percent to close at 11,354.62 and the S&amp;P 500 rose 0.57 points or 0.01 percent to end at 3,901.36.</p><p>For the week, the NASDAQ dove 3.8 percent, the S&amp;P sank 3 percent and the Dow lost 2.9 percent.</p><p>The extended volatility on Wall Street came as traders continued to debate when the markets will reach a bottom following recent weakness.</p><p>The S&amp;P 500 was down more than 20 percent from January&#39;s record closing high, which is seen as signaling a bear market.</p><p>Crude oil futures settled higher on Friday, lifted by the proposed ban on Russian oil by the EU and the relaxation of Covid lockdowns in China. West Texas Intermediate Crude oil futures for July added $0.39 or 0.4 percent at $110.28 a barrel.</p><p>Closer to home, Singapore will see April data for consumer prices later today; in March, overall inflation was up 1.2 percent on month and 5.4 percent on year, while core CPI rose an annual 2.9 percent.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market Expected To Be Rangebound On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market Expected To Be Rangebound On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-23 07:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3285836/singapore-stock-market-expected-to-be-rangebound-on-monday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market bounced higher again on Friday, one day after halting the three-day winning streak in which it had improved more than 60 points or 1.9 percent. The Straits Times Index now ...</p>\n\n<a href=\"https://www.rttnews.com/3285836/singapore-stock-market-expected-to-be-rangebound-on-monday.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3285836/singapore-stock-market-expected-to-be-rangebound-on-monday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171500400","content_text":"The Singapore stock market bounced higher again on Friday, one day after halting the three-day winning streak in which it had improved more than 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,240-point plateau and it's likely to see little movement on Monday.The global forecast for the Asian markets is flat to slightly higher, with support from oil stocks capped by weakness from tech shares. The European markets were slightly higher and the U.S. bourses were mixed and little changed and the Asian markets figure to split the difference.The STI finished sharply higher on Friday following gains from the financial shares, property stocks and industrial issues.For the day, the index spiked 49.87 points or 1.56 percent to finish at 3,240.58 after trading between 3,210.75 and 3,246.13. Volume was 1.81 billion shares worth 1.54 billion Singapore dollars. There were 340 gainers and 170 decliners.Among the actives, Ascendas REIT added 0.74 percent, while CapitaLand Integrated Commercial Trust perked 0.45 percent, CapitaLand Investment accelerated 2.62 percent, City Developments strengthened 2.25 percent, Comfort DelGro rose 0.68 percent, DBS Group collected 1.00 percent, Genting Singapore rallied 2.60 percent, Hongkong Land jumped 2.34 percent, Keppel Corp increased 0.89 percent, Mapletree Industrial Trust was up 0.41 percent, Oversea-Chinese Banking Corporation gathered 1.03 percent, SATS soared 3.40 percent, SembCorp Industries improved 1.41 percent, Singapore Exchange climbed 2.07 percent, Singapore Technologies Engineering advanced 2.00 percent, Thai Beverage gained 0.71 percent, United Overseas Bank spiked 3.19 percent, Wilmar International surged 4.13 percent, Yangzijiang Financial skyrocketed 8.97 percent and Yangzijiang Shipbuilding, Mapletree Commercial Trust, Mapletree Logistics Trust, SingTel and Frasers Logistics were unchanged.Wall Street offers little guidance as the major averages opened higher on Friday, quickly plummeted into the red before rallying to finish mixed and little changed.The Dow added 8.77 points or 0.03 percent to finish at 31,261.90, while the NASDAQ fell 33.88 points or 0.30 percent to close at 11,354.62 and the S&P 500 rose 0.57 points or 0.01 percent to end at 3,901.36.For the week, the NASDAQ dove 3.8 percent, the S&P sank 3 percent and the Dow lost 2.9 percent.The extended volatility on Wall Street came as traders continued to debate when the markets will reach a bottom following recent weakness.The S&P 500 was down more than 20 percent from January's record closing high, which is seen as signaling a bear market.Crude oil futures settled higher on Friday, lifted by the proposed ban on Russian oil by the EU and the relaxation of Covid lockdowns in China. West Texas Intermediate Crude oil futures for July added $0.39 or 0.4 percent at $110.28 a barrel.Closer to home, Singapore will see April data for consumer prices later today; in March, overall inflation was up 1.2 percent on month and 5.4 percent on year, while core CPI rose an annual 2.9 percent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930349483,"gmtCreate":1661907482344,"gmtModify":1676536601147,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930349483","repostId":"1113965751","repostType":4,"repost":{"id":"1113965751","pubTimestamp":1661903685,"share":"https://ttm.financial/m/news/1113965751?lang=&edition=fundamental","pubTime":"2022-08-31 07:54","market":"us","language":"en","title":"Fed Gets New Path to Go Big as Job Openings, Confidence Surprise","url":"https://stock-news.laohu8.com/highlight/detail?id=1113965751","media":"Bloomberg","summary":"Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tam","content":"<html><head></head><body><ul><li>Two indicators top forecasts, pointing to strength in demand</li><li>Strong data complicates Fed’s job to tamp down inflation</li></ul><p>US jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.</p><p>The Conference Board’s August index of sentiment rose to athree-month high, and the report also showed firmer buying plans for appliances and cars. Job vacancies, meanwhile, unexpectedly increased to11.2 millionin July, close to a record and underscoring persistent tightness in the labor market.</p><p>One job-market indicator scrutinized by Fed Chair Jerome Powell -- the number of jobs available per unemployed person in the country -- rose to about 2 in July.</p><p>Combined, the figures show rock-solid labor demand and resilient household demand even as US central bankers step harder on the monetary policy brakes. Without a commensurate slowdown in consumer spending and an easing of wage pressure, the Fed’s fight to bring inflation down from decades-high levels will be that much more difficult.</p><p>“The Fed’s efforts to temper demand for labor still have a long way to go,” Wells Fargo &amp; Co. economists Sarah House and Michael Pugliese said in a note. “The ratio of job openings per unemployed worker rebounded back up to 2.0 in another sign that the stark imbalances between the supply and demand for workers have yet to ease, let alone resolve.”</p><p><img src=\"https://static.tigerbbs.com/9304bb5e71fbdfaa54762661a5c72e95\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Powell said in a speech Friday at the Kansas City Fed’s annual policy forum in Jackson Hole, Wyoming, that bringing price pressures down toward the Fed’s 2% target was the central bank’s “overarching focus right now.”</p><p>Fed officials lifted rates by 75 basis points at each of their last two meetings and Powell has said that another unusually large increase of this size could be on the table when they next meet Sept. 20-21. Policy makers have said the decision will be determined by economic data, including the monthly jobs report due Friday and another update on consumer prices that will be released in two weeks.</p><p>The surprise strength in Tuesday’s indicators suggests that labor demand isn’t likely to abate soon, in spite of the rising interest rates. The consumer confidence gauge showed that Americans are growing more optimistic about the economy amid falling gasoline prices -- even as the costs of other essential items including food continue to rise at a quick pace.</p><p>“That lends itself to the narrative that if consumers are more confident, they’ll keep on spending, and maybe that means inflationary pressures that will keep the Fed on their tightening path,” said Derek Holt, an economist at Scotiabank who expects the Fed to raise rates by 75 basis points in September.</p><p>Following hawkish comments from Powell and other policy makers in Jackson Hole, investors are leaning toward a 75-basis-point hike, according to prices of futures contracts linked to the US central bank’s benchmark rate.</p><p>On the job-market front, vacancies have exceeded 11 million for eight-straight months and the unemployment rate remains historically low.</p><p>Some of the largest increases in vacancies were in retail trade, and transportation, warehousing and utilities. Arts, entertainment and recreation also posted more openings from the prior month, and so did federal government and state and local government education.</p><blockquote>“Demand for labor shows no sign of cooling despite the Fed’s efforts to slow it down. Job openings failed to decline in July and the ratio of job openings per unemployed -- one of the Fed’s preferred measures of labor-market tightness -- remained near a record high. That suggests the central bank needs to keep on an aggressive rate-hike course, tipping the scale toward a 75-basis-point increase at the September FOMC meeting.”</blockquote><blockquote>-- Eliza Winger, economist</blockquote><p>Some measures did indicate a slight tempering of wage growth down the road. The share of Americans quitting their private-sector jobseased last monthto the lowest level since May 2021.</p><p>In the Conference Board report, the share of consumers who said jobs were “plentiful” decreased slightly to 48%. However, six months from now, more respondents expected business conditions to improve. They said they are slightly more positive about their short-term financial prospects.</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>Fed Gets New Path to Go Big as Job Openings, Confidence Surprise</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Gets New Path to Go Big as Job Openings, Confidence Surprise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tamp down inflationUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113965751","content_text":"Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tamp down inflationUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.The Conference Board’s August index of sentiment rose to athree-month high, and the report also showed firmer buying plans for appliances and cars. Job vacancies, meanwhile, unexpectedly increased to11.2 millionin July, close to a record and underscoring persistent tightness in the labor market.One job-market indicator scrutinized by Fed Chair Jerome Powell -- the number of jobs available per unemployed person in the country -- rose to about 2 in July.Combined, the figures show rock-solid labor demand and resilient household demand even as US central bankers step harder on the monetary policy brakes. Without a commensurate slowdown in consumer spending and an easing of wage pressure, the Fed’s fight to bring inflation down from decades-high levels will be that much more difficult.“The Fed’s efforts to temper demand for labor still have a long way to go,” Wells Fargo & Co. economists Sarah House and Michael Pugliese said in a note. “The ratio of job openings per unemployed worker rebounded back up to 2.0 in another sign that the stark imbalances between the supply and demand for workers have yet to ease, let alone resolve.”Powell said in a speech Friday at the Kansas City Fed’s annual policy forum in Jackson Hole, Wyoming, that bringing price pressures down toward the Fed’s 2% target was the central bank’s “overarching focus right now.”Fed officials lifted rates by 75 basis points at each of their last two meetings and Powell has said that another unusually large increase of this size could be on the table when they next meet Sept. 20-21. Policy makers have said the decision will be determined by economic data, including the monthly jobs report due Friday and another update on consumer prices that will be released in two weeks.The surprise strength in Tuesday’s indicators suggests that labor demand isn’t likely to abate soon, in spite of the rising interest rates. The consumer confidence gauge showed that Americans are growing more optimistic about the economy amid falling gasoline prices -- even as the costs of other essential items including food continue to rise at a quick pace.“That lends itself to the narrative that if consumers are more confident, they’ll keep on spending, and maybe that means inflationary pressures that will keep the Fed on their tightening path,” said Derek Holt, an economist at Scotiabank who expects the Fed to raise rates by 75 basis points in September.Following hawkish comments from Powell and other policy makers in Jackson Hole, investors are leaning toward a 75-basis-point hike, according to prices of futures contracts linked to the US central bank’s benchmark rate.On the job-market front, vacancies have exceeded 11 million for eight-straight months and the unemployment rate remains historically low.Some of the largest increases in vacancies were in retail trade, and transportation, warehousing and utilities. Arts, entertainment and recreation also posted more openings from the prior month, and so did federal government and state and local government education.“Demand for labor shows no sign of cooling despite the Fed’s efforts to slow it down. Job openings failed to decline in July and the ratio of job openings per unemployed -- one of the Fed’s preferred measures of labor-market tightness -- remained near a record high. That suggests the central bank needs to keep on an aggressive rate-hike course, tipping the scale toward a 75-basis-point increase at the September FOMC meeting.”-- Eliza Winger, economistSome measures did indicate a slight tempering of wage growth down the road. The share of Americans quitting their private-sector jobseased last monthto the lowest level since May 2021.In the Conference Board report, the share of consumers who said jobs were “plentiful” decreased slightly to 48%. However, six months from now, more respondents expected business conditions to improve. They said they are slightly more positive about their short-term financial prospects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995246220,"gmtCreate":1661475968762,"gmtModify":1676536526446,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995246220","repostId":"1132528078","repostType":4,"repost":{"id":"1132528078","pubTimestamp":1661493232,"share":"https://ttm.financial/m/news/1132528078?lang=&edition=fundamental","pubTime":"2022-08-26 13:53","market":"us","language":"en","title":"The 3 Hot New Meme Stocks List for September 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1132528078","media":"InvestorPlace","summary":"Traders are keeping a close eye on hot, new meme stocks.Bed Bath & Beyond(BBBY): Its fundamentals do","content":"<html><head></head><body><ul><li>Traders are keeping a close eye on hot, new meme stocks.</li><li><b>Bed Bath &amp; Beyond</b>(<b>BBBY</b>): Its fundamentals don&#39;t seem to affect the short-term price movement of this meme stock.</li><li><b>Snap</b>(<b>SNAP</b>): The social media stock could rebound in the coming months.</li><li><b>Virgin Galactic</b> (<b>SPCE</b>): The space tourism company may appeal to long-term value investors due to its recent decline.</li></ul><p>Investors’ appetites for hot, new meme stocks with high potential appears to be gaining momentum these days. Providing evidence for that assertion,  the <b>VanEck Social Sentiment ETF</b> (NYSEARCA:<b>BUZZ</b>) has soared over 10% in the past month. Likewise, the<b> Roundhill Meme ETF</b> (NYSEARCA:<b>MEME</b>) is up about 9% since it touched a recent low on July 26. However, these exchange-traded funds (ETFs) have lost about 35% and 50%, respectively, of their value so far in 2022.</p><p>Meme-stock investors earned a great deal of money during the pandemic thanks to the social media hype of meme names and their cult-like following.  In 2020 and 2021, these factors caused meme stocks to rally. However, the poor fundamentals and frothy valuations of meme stocks usually make them volatile and speculative.</p><p>They usually overperform when the broader market moves up, but they also tend to underperform on the way down. As a result, hot, new meme stocks offer investors and traders compelling but risky trading opportunities and potential short squeezes.</p><p>Meanwhile, the SEC has released a video highlighting the risks of investing in meme stocks. The agency is also keeping a close eye on these companies in order to check if any of them has engaged in misconduct.</p><p>With that in mind, here are three meme stocks that could gain traction in the final months of the year:</p><p><b>Bed Bath &amp; Beyond (BBBY)</b></p><p>Home furnishings retailer <b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) operates around 1,000 stores across North America. The omnichannel chain sells a wide range of branded bed-and-bath accessories, kitchen textiles, and cooking supplies.</p><p>Bed Bath &amp; Beyond announced its first-quarter financial results in late June. Its revenue declined 25% year-over-year (YOY) to $1.46 billion, while its net loss, excluding certain items, soared to $2.83 per share, versus its earnings per share of 5 cents in the same quarter a year earlier.</p><p>BBBY ended the period with cash and equivalents of $107 million, leaving the retailer with enough funds to stay solvent for three quarters at its current cash-burn rate.</p><p>Yet the heavily shorted meme stock is up 100% over the past month, driven by a short squeeze and discussions about BBBY on Reddit forums. Over47%of the shares’ float is held by short sellers, making it an easy target for meme traders.</p><p>BBBY stock is down 33% so far in 2022. In the short-term, the direction of this meme stock will depend primarily on retail traders’ interest in it and how much of the stock remains shorted after its recent squeeze.</p><p>Shares are currently changing hands for just 0.1 times its trailing sales. Analysts’ 12-month median price forecast for BBBY stock stands at$3.25.</p><p><b>Snap (SNAP)</b></p><p><b>Snap</b> (NYSE:<b>SNAP</b>) is the parent company of the social media platform Snapchat. It boasts a young audience, with 60% of users between 13 and 24 years old. Snapchat generates almost all of its revenue from advertising.</p><p>The social media company reported itsQ2 results on July 22. Last quarter, Snap’s revenue grew by just 13% YOY to $1.1 billion. Its net loss, excluding certain items, came in at 2 cents per share, compared to EPS of 10 cents in Q2 of 2021. Snap has over $4.8 billion of cash, equivalents, and marketable securities.</p><p>In Q2, Snap’s daily active users increased 18% YOY to 347 million. The platform is attracting new users, but the demand for ads on the platform has dwindled. Besides macroeconomic challenges, competition from<b>TikTok</b>has also contributed to the slowing of Snap’s top-line growth. Management projects that Snapchat’s daily active users will increase 4% in Q3 versus Q3 to 360 million.</p><p>So far in 2022, SNAP is down 26%, and its shares are currently trading at just 3.9 times its trailing sales. Analysts’ 12-month median price forecast for SNAP is $14.</p><p><b>Virgin Galactic (SPCE)</b></p><p><b>Virgin Galactic</b> (NYSE:<b>SPCE</b>) hopes to become the first passenger spacecraft company and to make space tourism a robust commercial industry. This vertically integrated aerospace company is offering trips to space in an effort to provide wealthy consumers with a unique space experience.</p><p>The space tourism company released itsQ2 results on Aug. 4. Its net loss came in at 43 cents per share, up from a loss per share of  39 cents a year earlier. Its cash position of over $1.1 billion suggests that it may have adequate funding to provide many commercial space flights.</p><p>A series of testing delays have caused Virgin Galactic to postpone its commercial service launch date over the past two years. The company now anticipates starting to fly tourists into space by Q2 of 2023. It plans to launch around 400 flights per year and aims to sell the first 1,000 seats to passengers for $450,000 each.</p><p>Space tourism is forecast to grow at a compound annual growth rate (CAGR) of close to 12.5% between 2020 and 2025. Virgin Galactic expects to become profitable once the company commences its space flights in late 2023.</p><p>SPCE stock is down almost 53% in 2022. Wall Street’s 12-month median price forecast for SPCE stock stands at$7.</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>The 3 Hot New Meme Stocks List for September 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 3 Hot New Meme Stocks List for September 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 13:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/08/the-3-hot-new-meme-stocks-list-for-september-2022/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders are keeping a close eye on hot, new meme stocks.Bed Bath & Beyond(BBBY): Its fundamentals don't seem to affect the short-term price movement of this meme stock.Snap(SNAP): The social media ...</p>\n\n<a href=\"https://investorplace.com/2022/08/the-3-hot-new-meme-stocks-list-for-september-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","BBBY":"3B家居","SPCE":"维珍银河"},"source_url":"https://investorplace.com/2022/08/the-3-hot-new-meme-stocks-list-for-september-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132528078","content_text":"Traders are keeping a close eye on hot, new meme stocks.Bed Bath & Beyond(BBBY): Its fundamentals don't seem to affect the short-term price movement of this meme stock.Snap(SNAP): The social media stock could rebound in the coming months.Virgin Galactic (SPCE): The space tourism company may appeal to long-term value investors due to its recent decline.Investors’ appetites for hot, new meme stocks with high potential appears to be gaining momentum these days. Providing evidence for that assertion,  the VanEck Social Sentiment ETF (NYSEARCA:BUZZ) has soared over 10% in the past month. Likewise, the Roundhill Meme ETF (NYSEARCA:MEME) is up about 9% since it touched a recent low on July 26. However, these exchange-traded funds (ETFs) have lost about 35% and 50%, respectively, of their value so far in 2022.Meme-stock investors earned a great deal of money during the pandemic thanks to the social media hype of meme names and their cult-like following.  In 2020 and 2021, these factors caused meme stocks to rally. However, the poor fundamentals and frothy valuations of meme stocks usually make them volatile and speculative.They usually overperform when the broader market moves up, but they also tend to underperform on the way down. As a result, hot, new meme stocks offer investors and traders compelling but risky trading opportunities and potential short squeezes.Meanwhile, the SEC has released a video highlighting the risks of investing in meme stocks. The agency is also keeping a close eye on these companies in order to check if any of them has engaged in misconduct.With that in mind, here are three meme stocks that could gain traction in the final months of the year:Bed Bath & Beyond (BBBY)Home furnishings retailer Bed Bath & Beyond (NASDAQ:BBBY) operates around 1,000 stores across North America. The omnichannel chain sells a wide range of branded bed-and-bath accessories, kitchen textiles, and cooking supplies.Bed Bath & Beyond announced its first-quarter financial results in late June. Its revenue declined 25% year-over-year (YOY) to $1.46 billion, while its net loss, excluding certain items, soared to $2.83 per share, versus its earnings per share of 5 cents in the same quarter a year earlier.BBBY ended the period with cash and equivalents of $107 million, leaving the retailer with enough funds to stay solvent for three quarters at its current cash-burn rate.Yet the heavily shorted meme stock is up 100% over the past month, driven by a short squeeze and discussions about BBBY on Reddit forums. Over47%of the shares’ float is held by short sellers, making it an easy target for meme traders.BBBY stock is down 33% so far in 2022. In the short-term, the direction of this meme stock will depend primarily on retail traders’ interest in it and how much of the stock remains shorted after its recent squeeze.Shares are currently changing hands for just 0.1 times its trailing sales. Analysts’ 12-month median price forecast for BBBY stock stands at$3.25.Snap (SNAP)Snap (NYSE:SNAP) is the parent company of the social media platform Snapchat. It boasts a young audience, with 60% of users between 13 and 24 years old. Snapchat generates almost all of its revenue from advertising.The social media company reported itsQ2 results on July 22. Last quarter, Snap’s revenue grew by just 13% YOY to $1.1 billion. Its net loss, excluding certain items, came in at 2 cents per share, compared to EPS of 10 cents in Q2 of 2021. Snap has over $4.8 billion of cash, equivalents, and marketable securities.In Q2, Snap’s daily active users increased 18% YOY to 347 million. The platform is attracting new users, but the demand for ads on the platform has dwindled. Besides macroeconomic challenges, competition fromTikTokhas also contributed to the slowing of Snap’s top-line growth. Management projects that Snapchat’s daily active users will increase 4% in Q3 versus Q3 to 360 million.So far in 2022, SNAP is down 26%, and its shares are currently trading at just 3.9 times its trailing sales. Analysts’ 12-month median price forecast for SNAP is $14.Virgin Galactic (SPCE)Virgin Galactic (NYSE:SPCE) hopes to become the first passenger spacecraft company and to make space tourism a robust commercial industry. This vertically integrated aerospace company is offering trips to space in an effort to provide wealthy consumers with a unique space experience.The space tourism company released itsQ2 results on Aug. 4. Its net loss came in at 43 cents per share, up from a loss per share of  39 cents a year earlier. Its cash position of over $1.1 billion suggests that it may have adequate funding to provide many commercial space flights.A series of testing delays have caused Virgin Galactic to postpone its commercial service launch date over the past two years. The company now anticipates starting to fly tourists into space by Q2 of 2023. It plans to launch around 400 flights per year and aims to sell the first 1,000 seats to passengers for $450,000 each.Space tourism is forecast to grow at a compound annual growth rate (CAGR) of close to 12.5% between 2020 and 2025. Virgin Galactic expects to become profitable once the company commences its space flights in late 2023.SPCE stock is down almost 53% in 2022. Wall Street’s 12-month median price forecast for SPCE stock stands at$7.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048633223,"gmtCreate":1656202697562,"gmtModify":1676535782848,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048633223","repostId":"1191010488","repostType":4,"repost":{"id":"1191010488","pubTimestamp":1656202469,"share":"https://ttm.financial/m/news/1191010488?lang=&edition=fundamental","pubTime":"2022-06-26 08:14","market":"us","language":"en","title":"Warren Buffett's 4 Rules for Investing in a Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1191010488","media":"Motley Fool","summary":"Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as theS&P 500 was on its way to a 35% dipthat bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs,Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.So it m","content":"<html><head></head><body><p>Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&amp;P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he&#39;s managed through 12 more bear markets not including this one.</p><p>Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs, Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it&#39;s Buffett.</p><p>So it makes sense to lean on his expertise to get through this tough climate with your wealth intact, right? To get you started, here are four of Buffett&#39;s famous rules for investing in a bear market.</p><p>1. Buy quality merchandise on sale</p><blockquote><i>&#34;Whether we&#39;re talking about socks or stocks, I like buying quality merchandise when it is marked down.&#34;</i></blockquote><p>Buffett invests in high-quality businesses -- companies with a proven ability to create shareholder value through all economic climates. In his view, bear markets provide opportunities to buy these quality stocks at lower prices.</p><p>As an example, Buffett&#39;s response earlier this year to the tech stock sell-off was to buy more of his favorite technology company, Apple. Although Apple already comprised more than 40% of Berkshire Hathaway&#39;s portfolio, Buffett bought another 3.78 million shares.</p><p>You can mimic his strategy by identifying stocks you love for their long-term prospects. If your budget allows, increase your investing activity and pad your share counts while prices remain low.</p><p>2. Hold forever</p><blockquote><i>&#34;Our favorite holding period is forever.&#34;</i></blockquote><p>When you buy stocks you&#39;d like to hold forever, bear markets become far less stressful. Since your plan is to hold for the long run, you don&#39;t have to do anything when the market goes sideways. No reshuffling your portfolio and no guessing when share prices will bottom out. Your only job is to wait.</p><p>3. Stay calm</p><blockquote><i>&#34;The most important quality for an investor is temperament, not intellect.&#34;</i></blockquote><p>It&#39;s normal and useful to second-guess your &#34;hold forever&#34; plan when circumstances change. Certainly, there will be times when you should drop a stock you thought was a keeper.</p><p>The distinction you must make is whether circumstances have changed permanently or temporarily. And that&#39;s easier to do when you can analyze what&#39;s happening calmly and rationally. If you let your emotions take over, they can convince you to scrap your plan, cut your losses, or take some other dramatic action that&#39;s sure to dampen your long-term returns.</p><p>4. Keep your distance</p><p>Buffett said this when asked what advice he had for investors in tough markets:<i>&#34;I would tell them: Don&#39;t watch the market too closely.&#34;</i></p><p>Let&#39;s say you&#39;re confident that your &#34;hold forever&#34; stocks can withstand a temporary bear market. And for that reason, you&#39;re not going to react to falling share prices. In that scenario, what&#39;s the benefit of tracking every bump along the way? There isn&#39;t one.</p><p>It&#39;s OK to keep some distance from financial headlines when the market is going crazy. Consider it a survival strategy that helps you stay calm and stick to your investing plan.</p><p>Buy or do nothing</p><p>When a bear market sets in, you&#39;ll see Buffett mostly buy or hold. If you&#39;re questioning whether those are the right moves for your portfolio, remember this: Buffett is worth about $95 billion, and he has invested through more bear markets than almost anyone. His tactics can help you emerge from this bear market stronger and wealthier than ever.</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>Warren Buffett's 4 Rules for Investing in a Bear Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett's 4 Rules for Investing in a Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-26 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191010488","content_text":"Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs, Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.So it makes sense to lean on his expertise to get through this tough climate with your wealth intact, right? To get you started, here are four of Buffett's famous rules for investing in a bear market.1. Buy quality merchandise on sale\"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.\"Buffett invests in high-quality businesses -- companies with a proven ability to create shareholder value through all economic climates. In his view, bear markets provide opportunities to buy these quality stocks at lower prices.As an example, Buffett's response earlier this year to the tech stock sell-off was to buy more of his favorite technology company, Apple. Although Apple already comprised more than 40% of Berkshire Hathaway's portfolio, Buffett bought another 3.78 million shares.You can mimic his strategy by identifying stocks you love for their long-term prospects. If your budget allows, increase your investing activity and pad your share counts while prices remain low.2. Hold forever\"Our favorite holding period is forever.\"When you buy stocks you'd like to hold forever, bear markets become far less stressful. Since your plan is to hold for the long run, you don't have to do anything when the market goes sideways. No reshuffling your portfolio and no guessing when share prices will bottom out. Your only job is to wait.3. Stay calm\"The most important quality for an investor is temperament, not intellect.\"It's normal and useful to second-guess your \"hold forever\" plan when circumstances change. Certainly, there will be times when you should drop a stock you thought was a keeper.The distinction you must make is whether circumstances have changed permanently or temporarily. And that's easier to do when you can analyze what's happening calmly and rationally. If you let your emotions take over, they can convince you to scrap your plan, cut your losses, or take some other dramatic action that's sure to dampen your long-term returns.4. Keep your distanceBuffett said this when asked what advice he had for investors in tough markets:\"I would tell them: Don't watch the market too closely.\"Let's say you're confident that your \"hold forever\" stocks can withstand a temporary bear market. And for that reason, you're not going to react to falling share prices. In that scenario, what's the benefit of tracking every bump along the way? There isn't one.It's OK to keep some distance from financial headlines when the market is going crazy. Consider it a survival strategy that helps you stay calm and stick to your investing plan.Buy or do nothingWhen a bear market sets in, you'll see Buffett mostly buy or hold. If you're questioning whether those are the right moves for your portfolio, remember this: Buffett is worth about $95 billion, and he has invested through more bear markets than almost anyone. His tactics can help you emerge from this bear market stronger and wealthier than ever.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986442571,"gmtCreate":1667008310293,"gmtModify":1676537848614,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986442571","repostId":"1146218395","repostType":4,"repost":{"id":"1146218395","pubTimestamp":1667007399,"share":"https://ttm.financial/m/news/1146218395?lang=&edition=fundamental","pubTime":"2022-10-29 09:36","market":"us","language":"en","title":"Amazon's Market Cap Bloodbath: Value Of Netflix, Paypal Combined Vanishes In A Flash","url":"https://stock-news.laohu8.com/highlight/detail?id=1146218395","media":"Benzinga","summary":"ZINGER KEY POINTSFollowing its recent earnings report, Amazon's market cap is still down by around $","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Following its recent earnings report, Amazon&#39;s market cap is still down by around $104 billion.</li><li>To put the significant loss in perspective, here is a comparison of what $104 billion truly looks like.</li></ul><p><b>Amazon.com Inc</b> rebounded Friday, climbing to the $100 level — gaining back about $100 billion in market cap — after basically seeing shares fall off a cliff on the previous day.</p><p>The e-commerce giant reported third-quarter financial results after the market close Thursday, beating on the top but missing on the bottom line.</p><p>After the report, shares fell a staggering 20% in after hours trading, initially dropping its market cap by $233 billion. That&#39;s more than the combined value of <b>Netflix Inc.</b> and <b>PayPal Holdings Inc.</b>, or the value of five <b>Twitter Inc</b>. deals at <b>Elon Musk</b>&#39;s buyout price of $44 billion.</p><p><b>What Happened:</b> Amazon reported third-quarter revenues of $127.1 billion, up 15% from the same period last year. The sum fell short of a Street expectation of $127.84 billion.</p><p>In the third quarter, the <b>Jeff Bezos</b>-founded company posted:</p><ul><li>Earnings per share of 28 cents, exceeding the Street&#39;s prediction of 22 cents.</li><li>North American sector revenue increased by 20% from the previous year to $78.8 billion.</li><li>$27.7 billion, or 5% less than the prior year&#39;s third quarter, was the foreign segment&#39;s revenue.</li><li>If foreign currency rates were not taken into account, the international section would have increased by 12%.</li><li>Revenue for Amazon&#39;s AWS division reached $20.5 billion, up 27% over the previous year.</li></ul></body></html>","source":"lsy1606299360108","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>Amazon's Market Cap Bloodbath: Value Of Netflix, Paypal Combined Vanishes In A Flash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon's Market Cap Bloodbath: Value Of Netflix, Paypal Combined Vanishes In A Flash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-29 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/22/10/29462123/amazons-market-cap-bloodbath-value-of-netflix-paypal-combined-vanishes-in-a-flash><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSFollowing its recent earnings report, Amazon's market cap is still down by around $104 billion.To put the significant loss in perspective, here is a comparison of what $104 billion ...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/22/10/29462123/amazons-market-cap-bloodbath-value-of-netflix-paypal-combined-vanishes-in-a-flash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.benzinga.com/news/earnings/22/10/29462123/amazons-market-cap-bloodbath-value-of-netflix-paypal-combined-vanishes-in-a-flash","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146218395","content_text":"ZINGER KEY POINTSFollowing its recent earnings report, Amazon's market cap is still down by around $104 billion.To put the significant loss in perspective, here is a comparison of what $104 billion truly looks like.Amazon.com Inc rebounded Friday, climbing to the $100 level — gaining back about $100 billion in market cap — after basically seeing shares fall off a cliff on the previous day.The e-commerce giant reported third-quarter financial results after the market close Thursday, beating on the top but missing on the bottom line.After the report, shares fell a staggering 20% in after hours trading, initially dropping its market cap by $233 billion. That's more than the combined value of Netflix Inc. and PayPal Holdings Inc., or the value of five Twitter Inc. deals at Elon Musk's buyout price of $44 billion.What Happened: Amazon reported third-quarter revenues of $127.1 billion, up 15% from the same period last year. The sum fell short of a Street expectation of $127.84 billion.In the third quarter, the Jeff Bezos-founded company posted:Earnings per share of 28 cents, exceeding the Street's prediction of 22 cents.North American sector revenue increased by 20% from the previous year to $78.8 billion.$27.7 billion, or 5% less than the prior year's third quarter, was the foreign segment's revenue.If foreign currency rates were not taken into account, the international section would have increased by 12%.Revenue for Amazon's AWS division reached $20.5 billion, up 27% over the previous year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932391907,"gmtCreate":1662870446709,"gmtModify":1676537155218,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9932391907","repostId":"2266817381","repostType":4,"repost":{"id":"2266817381","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":1662861434,"share":"https://ttm.financial/m/news/2266817381?lang=&edition=fundamental","pubTime":"2022-09-11 09:57","market":"us","language":"en","title":"How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2266817381","media":"Dow Jones","summary":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"</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\">\nHow a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-11 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BK4581":"高盛持仓","OXY":"西方石油","BRK.B":"伯克希尔B","BK4201":"综合性石油与天然气企业","BK4534":"瑞士信贷持仓","BK4176":"多领域控股","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266817381","content_text":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.Two years later, the company has emerged as the top performer in the S&P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERSMs. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNALBut she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGESEvery day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERSAs the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.In 2020, she traveled to Omaha to discuss Occidental's long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company's goal to become a leader in carbon capture, this person said.Occidental says it has no plans to stop producing oil but also aims to be a leader in \"carbon management.\" It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.Then, in late February of this year, Russia invaded Ukraine.The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&P Capital IQ.The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.As Occidental's stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor's two representatives on Occidental's board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.Mr. Icahn said that Mr. Buffett's investment could be ill-timed. \"I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,\" he said. \"I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,\" he said.Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.Mr. Icahn's retort: \"She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904114229,"gmtCreate":1660009251264,"gmtModify":1703476869085,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904114229","repostId":"1106501795","repostType":4,"repost":{"id":"1106501795","pubTimestamp":1660127930,"share":"https://ttm.financial/m/news/1106501795?lang=&edition=fundamental","pubTime":"2022-08-10 18:38","market":"us","language":"en","title":"Meme-Stock Frenzy Returns, Baffling Wall Street’s \"Smart Guys\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1106501795","media":"Bloomberg","summary":"Bed Bath & Beyond nearly triples as retail traders pounceHeavily-shorted stocks, de-SPACs are part o","content":"<html><head></head><body><ul><li>Bed Bath &amp; Beyond nearly triples as retail traders pounce</li><li>Heavily-shorted stocks, de-SPACs are part of broader rebound</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0f5d78587bed61609cdb8fcbd7e2b2be\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>Photographer: Luke Sharrett/Bloomberg</span></p><p>Retail traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve as rallies for meme stocks like Bed Bath &amp; Beyond Inc. and AMC Entertainment Holdings Inc. show shades of last year’s mania.</p><p>The home-good retailer nearly tripled at one point during its nine-day winning streak while the movie-theater firm capped a 65% rally of its own as speculative pockets of the stock market surge. The pair have powered a basket of 37 meme stocks tracked by Bloomberg higher by 10% over the past week while the most-hated stocks tracked by a Goldman Sachs Group Inc. basket is up roughly 17% over the same period.</p><p>The resurgence of more speculative areas of the market is likely fueled in part by individual traders willingness to jump on riskier trades and bet against hedge funds. A rally in tech shares and other growth stocks at one point on Monday pushed the Nasdaq 100 Index up 20% from a June low amid alarms from some on Wall Street that the Federal Reserve is set on fighting inflation regardless of the pain for the stock market.</p><p>The “smart guys” are “confused, baffled and fighting short positions from a position of weakness in terms of momentum and firepower,” said Mark Taylor, a sales trader at Mirabaud Securities. “The lack of real understanding of why a sudden resurrection of the meme-entum bid could lead to some nefarious speculation about things being manipulated but what would be as much sour grapes speculation as anything real.”</p><p>Bed Bath &amp; Beyond’s taking of the meme stock baton resulted in a 40% rally Monday as a record 120.5 million shares changed hands with the stock being the second-most bought asset on Fidelity’s platform. AMC Entertainment was among the five most purchased stocks on the platform and saw trading volume triple what’s been normal over the past month. Both company tickers, along with GameStop Corp., were the most mentioned on Reddit’s WallStreetBets platform.</p><p><img src=\"https://static.tigerbbs.com/8be1d32c4a2b3964a2145e24b9606f37\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>A basket of meme stocks tracked by Bloomberg rose 3.7%, extending a six-day rally of its own. Among the group’s top performers were GameStop and Express Inc. Newly-public Magic Empire Global Ltd., a little-known Hong Kong-based financial services firm, extended a 2,825% two-day surge since going public, attracting some retail attention.</p><p>“These meme stock rallies that are emerging will only last if US stocks broadly continue to head higher,” said Ed Moya, senior market strategist at Oanda. “After AMTD Digital reminded the WallStreetBets crowd of the potential skyrocketing moves, many retail traders are scanning their favorite plays and are looking to get back in.”</p><p>The rapid rise and subsequent fall for AMTD Digital Inc. both puzzled and captivated the markets. The stock posted an eye-popping surge of more than 32,000% at one point before erasing a chunk of gains.</p><p>Heavily-shorted stocks like Wayfair Inc., Rent the Runway Inc., and those that went public via blank-check merger including 23andMe Holding Co. saw double-digit rallies at one point as investors braced for volatility.</p><p><b>Short Squeeze</b></p><p>Short covering from institutional investors may have boosted the recent surge, according to some on Wall Street. More than half of Bed Bath &amp; Beyond shares available for trading are currently sold short, according to data from analytics firm S3 Partners, while AMC Entertainment, GameStop and Wayfair short interest each sit around 20%.</p><p>An index tracking hedge funds’ high-conviction bets rose 1.8% last week, trailing those favored by retail investors by 2.7 percentage points, the most since March, data compiled by Goldman Sachs show. While still early into August, the firm’s basket of retail favorites is on track for the best month since Jan. 2021 relative to firms favored by hedge funds. The retail basket carries names including Delta Airlines Inc., which just clocked the longest streak of weekly gains since 2020.</p><p><img src=\"https://static.tigerbbs.com/81902ac79640beaa7527d5c253ad967b\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>“Retail traders have to move quickly, because one headline can change the entire trajectory of the stock market,” said Quincy Krosby, chief global strategist at LPL Financial. “Retail traders are daring the Fed and they’re daring some professional investors, and they’re doing well so far. It’s dicey because it can go in the other direction really fast.”</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>Meme-Stock Frenzy Returns, Baffling Wall Street’s \"Smart Guys\"</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\">\nMeme-Stock Frenzy Returns, Baffling Wall Street’s \"Smart Guys\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-10 18:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-08/bed-bath-beyond-jump-brings-some-meme-frenzy-to-broad-rally?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bed Bath & Beyond nearly triples as retail traders pounceHeavily-shorted stocks, de-SPACs are part of broader reboundPhotographer: Luke Sharrett/BloombergRetail traders who lurk in forums like Reddit’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-08/bed-bath-beyond-jump-brings-some-meme-frenzy-to-broad-rally?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":{"W":"Wayfair","BBBY":"3B家居",".SPX":"S&P 500 Index","GME":"游戏驿站",".DJI":"道琼斯","EXPR":"Express, Inc.","HKD":"尚乘数科","MEGL":"智富融资",".IXIC":"NASDAQ Composite","AMC":"AMC院线","AMTD":"Amtd Idea","RENT":"Rent the Runway, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-08-08/bed-bath-beyond-jump-brings-some-meme-frenzy-to-broad-rally?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106501795","content_text":"Bed Bath & Beyond nearly triples as retail traders pounceHeavily-shorted stocks, de-SPACs are part of broader reboundPhotographer: Luke Sharrett/BloombergRetail traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve as rallies for meme stocks like Bed Bath & Beyond Inc. and AMC Entertainment Holdings Inc. show shades of last year’s mania.The home-good retailer nearly tripled at one point during its nine-day winning streak while the movie-theater firm capped a 65% rally of its own as speculative pockets of the stock market surge. The pair have powered a basket of 37 meme stocks tracked by Bloomberg higher by 10% over the past week while the most-hated stocks tracked by a Goldman Sachs Group Inc. basket is up roughly 17% over the same period.The resurgence of more speculative areas of the market is likely fueled in part by individual traders willingness to jump on riskier trades and bet against hedge funds. A rally in tech shares and other growth stocks at one point on Monday pushed the Nasdaq 100 Index up 20% from a June low amid alarms from some on Wall Street that the Federal Reserve is set on fighting inflation regardless of the pain for the stock market.The “smart guys” are “confused, baffled and fighting short positions from a position of weakness in terms of momentum and firepower,” said Mark Taylor, a sales trader at Mirabaud Securities. “The lack of real understanding of why a sudden resurrection of the meme-entum bid could lead to some nefarious speculation about things being manipulated but what would be as much sour grapes speculation as anything real.”Bed Bath & Beyond’s taking of the meme stock baton resulted in a 40% rally Monday as a record 120.5 million shares changed hands with the stock being the second-most bought asset on Fidelity’s platform. AMC Entertainment was among the five most purchased stocks on the platform and saw trading volume triple what’s been normal over the past month. Both company tickers, along with GameStop Corp., were the most mentioned on Reddit’s WallStreetBets platform.A basket of meme stocks tracked by Bloomberg rose 3.7%, extending a six-day rally of its own. Among the group’s top performers were GameStop and Express Inc. Newly-public Magic Empire Global Ltd., a little-known Hong Kong-based financial services firm, extended a 2,825% two-day surge since going public, attracting some retail attention.“These meme stock rallies that are emerging will only last if US stocks broadly continue to head higher,” said Ed Moya, senior market strategist at Oanda. “After AMTD Digital reminded the WallStreetBets crowd of the potential skyrocketing moves, many retail traders are scanning their favorite plays and are looking to get back in.”The rapid rise and subsequent fall for AMTD Digital Inc. both puzzled and captivated the markets. The stock posted an eye-popping surge of more than 32,000% at one point before erasing a chunk of gains.Heavily-shorted stocks like Wayfair Inc., Rent the Runway Inc., and those that went public via blank-check merger including 23andMe Holding Co. saw double-digit rallies at one point as investors braced for volatility.Short SqueezeShort covering from institutional investors may have boosted the recent surge, according to some on Wall Street. More than half of Bed Bath & Beyond shares available for trading are currently sold short, according to data from analytics firm S3 Partners, while AMC Entertainment, GameStop and Wayfair short interest each sit around 20%.An index tracking hedge funds’ high-conviction bets rose 1.8% last week, trailing those favored by retail investors by 2.7 percentage points, the most since March, data compiled by Goldman Sachs show. While still early into August, the firm’s basket of retail favorites is on track for the best month since Jan. 2021 relative to firms favored by hedge funds. The retail basket carries names including Delta Airlines Inc., which just clocked the longest streak of weekly gains since 2020.“Retail traders have to move quickly, because one headline can change the entire trajectory of the stock market,” said Quincy Krosby, chief global strategist at LPL Financial. “Retail traders are daring the Fed and they’re daring some professional investors, and they’re doing well so far. It’s dicey because it can go in the other direction really fast.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072667983,"gmtCreate":1658026637742,"gmtModify":1676536095527,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072667983","repostId":"2251177266","repostType":4,"repost":{"id":"2251177266","pubTimestamp":1658017668,"share":"https://ttm.financial/m/news/2251177266?lang=&edition=fundamental","pubTime":"2022-07-17 08:27","market":"us","language":"en","title":"Eight Leveraged Single-Stock ETFs are Launched","url":"https://stock-news.laohu8.com/highlight/detail?id=2251177266","media":"Investopedia","summary":"A new type of risky Exchange Traded Fund (ETF) is available starting this week to U.S. investors as ","content":"<html><head></head><body><p>A new type of risky Exchange Traded Fund (ETF) is available starting this week to U.S. investors as the markets grow more volatile. These are very different from most ETFs, which typically invest in a large number stocks like a mutual fund. By contrast, single-stock ETFs now are being introduced to the market that take leveraged or inverse positions on a single stock. These leveraged single-stock ETFs are not intended for long-term investing. They mimic the performance of an ETF each day times a certain multiple, such as 2x or -2x the performance, for example.</p><h2>Key Takeaways</h2><ul><li>Leveraged single-stock ETFs are not meant for buy-and-hold investors, but for short-term positions.</li><li>The SEC has warned that these complex products are high-risk and volatile, but is divided in its support for them.</li><li>These assets should be used by people with a strong understanding of investing and a high-risk tolerance.</li><li>FINRA is calling for regulators to revamp their oversight and require a knowledge test for investors interested in using single-stock ETFs.</li></ul><h2>A Look at Eight New Leveraged Single-Stock ETFs</h2><p>AXS Investments this week is launching eight new leveraged single-stock ETFs focusing on companies including Tesla Inc. (TSLA), Nvidia Inc. (NVDA), <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Inc. (PYPL), Nike Inc. (NKE), and Pfizer (PFE).</p><p>Specifically, these funds are the: <a href=\"https://laohu8.com/S/TSLQ\">AXS TSLA Bear Daily ETF </a>; <a href=\"https://laohu8.com/S/NVDS\">AXS 1.25X NVDA Bear Daily ETF </a>; <a href=\"https://laohu8.com/S/PYPS\">AXS 1.5X PYPL Bear Daily ETF</a> ; <a href=\"https://laohu8.com/S/PYPT\">AXS 1.5X PYPL Bull Daily ETF</a> ; <a href=\"https://laohu8.com/S/NKEQ\">AXS 2X NKE Bear Daily ETF</a>; <a href=\"https://laohu8.com/S/NKEL\">AXS 2X NKE Bull Daily ETF</a>; <a href=\"https://laohu8.com/S/PFES\">AXS 2X PFE Bear Daily ETF </a>; and <a href=\"https://laohu8.com/S/PFEL\">AXS 2X PFE Bull Daily ETF </a>.</p><p>Europe was the first to launch leveraged and inverse single-stock ETFs in 2018. This is the first time the U.S. is entering the field of single-stock ETFs.</p><h2>Warnings of High Risk</h2><p>The introduction of these ETFs has sparked heated debate among regulators and investors about their risk.</p><p>FINRA, the nongovernmental regulatory authority, questions whether current regulations are enough to oversee leveraged singe-stock ETFs. FINRA is soliciting comment on several issues, including, “Whether the current regulatory framework, which was adopted at a time when the majority of individuals accessed financial products through financial professionals, rather than through self-directed platforms, is appropriately tailored to address current concerns raised by complex products and options.”</p><p>FINRA is also calling for retail customers to demonstrate their understanding of the risk associated with leveraged single-stock ETFs by passing a knowledge check. They recommend that if a customer fails to show proper understanding of the risk, they should be required to complete a course and assessment.</p><p>The Securities and Exchange Commission (SEC), which gave the green light to the new ETFs, appears to be divided on their benefits. Commissioner Caroline Crenshaw is calling for an update to the regulatory framework to better address the risks posed to investors and the markets. In a statement, she raised the question of &#34;whether these products are appropriate in the public interest and consistent with the protection of investors. I strongly encourage my colleagues to consider rulemaking in this case.”</p><p>Lori Schock, the SEC&#39;s Director of the Office of Investor Education and Advocacy, is more supportive, but she also issued a statement warning investors not to hold single-stock ETFs for multiple days. “Importantly, like many other complex exchange-traded products, levered and/or inverse single-stock ETFs aim to provide returns over extremely short time periods (in some cases even a single day). New risks may emerge for investors who hold these products for longer than that.”</p><h2>The Bottom Line</h2><p>Leveraged single-stock ETFs provide new opportunities for investors in a volatile market, but at greater risk. These complex products are not for new investors and should be treated as high-risk. People with a strong base of investing knowledge and a high-risk tolerance should not treat these as buy-and-hold opportunities. They are meant to be used for short-term bets and trading.</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>Eight Leveraged Single-Stock ETFs are Launched</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\">\nEight Leveraged Single-Stock ETFs are Launched\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-17 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/first-leveraged-single-stock-etfs-launch-5649193?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A new type of risky Exchange Traded Fund (ETF) is available starting this week to U.S. investors as the markets grow more volatile. These are very different from most ETFs, which typically invest in a...</p>\n\n<a href=\"https://www.investopedia.com/first-leveraged-single-stock-etfs-launch-5649193?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4539":"次新股","NVDS":"Tradr 1.5X Short NVDA Daily ETF","PFEL":"辉瑞二倍做多ETF-AXS","BK4529":"IDC概念","BK4548":"巴美列捷福持仓","BK4106":"数据处理与外包服务","PFES":"辉瑞二倍做空ETF-AXS","BK4099":"汽车制造商","NVDA":"英伟达","BK4549":"软银资本持仓","CRCT":"Cricut, Inc.","BK4191":"家用电器","HCTI":"Healthcare Triangle, Inc.","NKEQ":"耐克二倍做空ETF-AXS","BK4007":"制药","OLPX":"Olaplex Holdings, Inc.","BK4561":"索罗斯持仓","NKEL":"耐克二倍做多ETF-AXS","BK4551":"寇图资本持仓","BK4146":"鞋类","BK4167":"医疗保健技术","PYPS":"PayPal 1.5倍做空ETF-AXS","NKE":"耐克","BK4550":"红杉资本持仓","BK4568":"美国抗疫概念","PYPT":"PayPal 1.5倍做多ETF-AXS","BK4579":"人工智能","TSLA":"特斯拉","BK4527":"明星科技股","FWRG":"First Watch Restaurant Group, Inc.","BK4141":"半导体产品","BK4543":"AI","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4503":"景林资产持仓","PYPL":"PayPal","BK4574":"无人驾驶","BK4558":"双十一","TSLQ":"Tradr 2X Short TSLA Daily ETF","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","BK4566":"资本集团","BK4567":"ESG概念","BK4581":"高盛持仓","PFE":"辉瑞","BK4534":"瑞士信贷持仓","BK4511":"特斯拉概念","BK4183":"个人用品","BK4554":"元宇宙及AR概念"},"source_url":"https://www.investopedia.com/first-leveraged-single-stock-etfs-launch-5649193?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral&yptr=yahoo","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2251177266","content_text":"A new type of risky Exchange Traded Fund (ETF) is available starting this week to U.S. investors as the markets grow more volatile. These are very different from most ETFs, which typically invest in a large number stocks like a mutual fund. By contrast, single-stock ETFs now are being introduced to the market that take leveraged or inverse positions on a single stock. These leveraged single-stock ETFs are not intended for long-term investing. They mimic the performance of an ETF each day times a certain multiple, such as 2x or -2x the performance, for example.Key TakeawaysLeveraged single-stock ETFs are not meant for buy-and-hold investors, but for short-term positions.The SEC has warned that these complex products are high-risk and volatile, but is divided in its support for them.These assets should be used by people with a strong understanding of investing and a high-risk tolerance.FINRA is calling for regulators to revamp their oversight and require a knowledge test for investors interested in using single-stock ETFs.A Look at Eight New Leveraged Single-Stock ETFsAXS Investments this week is launching eight new leveraged single-stock ETFs focusing on companies including Tesla Inc. (TSLA), Nvidia Inc. (NVDA), PayPal Inc. (PYPL), Nike Inc. (NKE), and Pfizer (PFE).Specifically, these funds are the: AXS TSLA Bear Daily ETF ; AXS 1.25X NVDA Bear Daily ETF ; AXS 1.5X PYPL Bear Daily ETF ; AXS 1.5X PYPL Bull Daily ETF ; AXS 2X NKE Bear Daily ETF; AXS 2X NKE Bull Daily ETF; AXS 2X PFE Bear Daily ETF ; and AXS 2X PFE Bull Daily ETF .Europe was the first to launch leveraged and inverse single-stock ETFs in 2018. This is the first time the U.S. is entering the field of single-stock ETFs.Warnings of High RiskThe introduction of these ETFs has sparked heated debate among regulators and investors about their risk.FINRA, the nongovernmental regulatory authority, questions whether current regulations are enough to oversee leveraged singe-stock ETFs. FINRA is soliciting comment on several issues, including, “Whether the current regulatory framework, which was adopted at a time when the majority of individuals accessed financial products through financial professionals, rather than through self-directed platforms, is appropriately tailored to address current concerns raised by complex products and options.”FINRA is also calling for retail customers to demonstrate their understanding of the risk associated with leveraged single-stock ETFs by passing a knowledge check. They recommend that if a customer fails to show proper understanding of the risk, they should be required to complete a course and assessment.The Securities and Exchange Commission (SEC), which gave the green light to the new ETFs, appears to be divided on their benefits. Commissioner Caroline Crenshaw is calling for an update to the regulatory framework to better address the risks posed to investors and the markets. In a statement, she raised the question of \"whether these products are appropriate in the public interest and consistent with the protection of investors. I strongly encourage my colleagues to consider rulemaking in this case.”Lori Schock, the SEC's Director of the Office of Investor Education and Advocacy, is more supportive, but she also issued a statement warning investors not to hold single-stock ETFs for multiple days. “Importantly, like many other complex exchange-traded products, levered and/or inverse single-stock ETFs aim to provide returns over extremely short time periods (in some cases even a single day). New risks may emerge for investors who hold these products for longer than that.”The Bottom LineLeveraged single-stock ETFs provide new opportunities for investors in a volatile market, but at greater risk. These complex products are not for new investors and should be treated as high-risk. People with a strong base of investing knowledge and a high-risk tolerance should not treat these as buy-and-hold opportunities. They are meant to be used for short-term bets and trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125033354,"gmtCreate":1624636008978,"gmtModify":1703842488341,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125033354","repostId":"2146023165","repostType":4,"repost":{"id":"2146023165","pubTimestamp":1624614720,"share":"https://ttm.financial/m/news/2146023165?lang=&edition=fundamental","pubTime":"2021-06-25 17:52","market":"us","language":"en","title":"Microsoft sent a strong signal to developers that could hurt Apple and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023165","media":"Yahoo Finance","summary":"Microsoft  launched a broadside against rivals Apple  and Google  on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer","content":"<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.</p>\n<p>That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.</p>\n<p>“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Apple’s policies</b></h3>\n<p>This isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.</p>\n<p>Epic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.</p>","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>Microsoft sent a strong signal to developers that could hurt Apple and Google</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\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","MSFT":"微软","03086":"华夏纳指","GOOG":"谷歌","GOOGL":"谷歌A","AAPL":"苹果","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThat’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\n“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Apple’s policies\nThis isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.\nEpic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982774117,"gmtCreate":1667263351739,"gmtModify":1676537886852,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9982774117","repostId":"1180963465","repostType":4,"repost":{"id":"1180963465","pubTimestamp":1667262471,"share":"https://ttm.financial/m/news/1180963465?lang=&edition=fundamental","pubTime":"2022-11-01 08:27","market":"us","language":"en","title":"Apple and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1180963465","media":"MarketWatch","summary":"The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings re","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4062ea999ad9a74269b4289fac8b8890\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/>The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more than $700 billion to close out last week.</p><p>Apple finished Friday’s trading session with a<b> $2.48 trillion valuation</b>, while Microsoft ended the week with a <b>$1.76 trillion valuation</b>. The $719.24 billion spread between those two market caps was the widest record and nearly as much as Tesla Inc.’s entire market cap of<b> $721.61 billion</b>, according to Dow Jones Market Data.</p><p>The spread has narrowed a bit with Monday morning’s trading action, as Apple shares are off 1.8% and Microsoft shares are down 1.5%. Apple’s market value is now $698.40 billion larger than Microsoft’s, with that spread again similar to Tesla’s  current valuation.</p><p>While Apple shares rallied 7.6% in Friday trading after the company posted a large revenue beat in its Mac segment and indicated that iPhone demand was strong despite supply challenges, Microsoft shares lost 7.7% Wednesday as the company’s most recent earnings report fueled concerns about cloud growth.</p><p>Combined, Apple’s and Microsoft’s market caps made up 42% of the market cap of all Dow Jones Industrial Average components as of Friday’s close.</p><p>Apple’s price-to-earnings ratio on a next-12-months basis is also higher than Microsoft’s in a somewhat rare occurrence. While the smartphone giant’s forward P/E has been higher than Microsoft’s during several days in September and October, it hadn’t been above Microsoft’s before those instances since January 2021, per Dow Jones Market Data, based on FactSet data.</p><p>Apple had a 24.48 P/E ahead of Monday’s open, while Microsoft’s was 23.25.</p><p>Shares of both names remain down on the year, however, with Microsoft’s stock off 31% over the course of 2022 and Apple’s off 14%. Together, Apple, Microsoft, Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. have shed $3 trillion in market value so far this year.</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>Apple and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation</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 and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-01 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AAPL":"苹果","TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180963465","content_text":"The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more than $700 billion to close out last week.Apple finished Friday’s trading session with a $2.48 trillion valuation, while Microsoft ended the week with a $1.76 trillion valuation. The $719.24 billion spread between those two market caps was the widest record and nearly as much as Tesla Inc.’s entire market cap of $721.61 billion, according to Dow Jones Market Data.The spread has narrowed a bit with Monday morning’s trading action, as Apple shares are off 1.8% and Microsoft shares are down 1.5%. Apple’s market value is now $698.40 billion larger than Microsoft’s, with that spread again similar to Tesla’s  current valuation.While Apple shares rallied 7.6% in Friday trading after the company posted a large revenue beat in its Mac segment and indicated that iPhone demand was strong despite supply challenges, Microsoft shares lost 7.7% Wednesday as the company’s most recent earnings report fueled concerns about cloud growth.Combined, Apple’s and Microsoft’s market caps made up 42% of the market cap of all Dow Jones Industrial Average components as of Friday’s close.Apple’s price-to-earnings ratio on a next-12-months basis is also higher than Microsoft’s in a somewhat rare occurrence. While the smartphone giant’s forward P/E has been higher than Microsoft’s during several days in September and October, it hadn’t been above Microsoft’s before those instances since January 2021, per Dow Jones Market Data, based on FactSet data.Apple had a 24.48 P/E ahead of Monday’s open, while Microsoft’s was 23.25.Shares of both names remain down on the year, however, with Microsoft’s stock off 31% over the course of 2022 and Apple’s off 14%. Together, Apple, Microsoft, Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. have shed $3 trillion in market value so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}