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08-28

Sacrificing margins to compete with Alibaba just means that you are not on the same level. Still want to checkmate. Checkmate yourself

PDD Holdings' Chess Move: Sacrificing Margins To Checkmate Alibaba

2023-10-05

Please crash hard. Drop 30% minimum

Stock Market Crash Alert: Mark Your Calendars for Nov. 18

2023-09-29

Already pullback from $67, has already bounced off support at $51

Shopify: Bull Run Is Likely Over

2023-07-25

$Prime US ReitUSD(OXMU.SI)$ Wah how come up 10% today?

2023-05-26

$NVIDIA Corp(NVDA)$ Fly more so that I canshort it back down

2023-05-23

Everything also increase except salary

Singapore's April Core Inflation Rises 5%, Beating Forecast

2023-05-16

The price runaway liao lor. Jialat sia you guys

Notice: System Recovered (16 May)

2023-05-10

$Prime US ReitUSD(OXMU.SI)$ today's dump is because of poor earnings?

2023-04-07

There are little new users of iPhone every year. Ppl that buy new iPhone every year are existing users. Android users will stay as android users which is why the growth low

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2022-11-24

I still means a pivot will come sooner or laterand market is pricing in this

Markets Cheer as Fed Signals Rate Hike Slowdown. Why That’s the Wrong Takeaway

2022-11-24

6 months too short. Offer 5 years 4% per annum mah hahaha

Singapore’s Treasury Bills Are a Hot Asset With Record Yields

2022-11-04

Ok, believe you I set GTC at $150

Here Is The Price I'll Start Buying Microsoft

2022-10-28

Buy high, sell low

Another Cathie Wood Fund Exits Sea After $175 Billion Selloff

2022-09-30

Nice

Sorry, the original content has been removed

2022-07-15

Might as well say $800

Sorry, the original content has been removed

2022-07-05

Join now

@TigerEvents:Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out "T.I.G.E.R" during your journey for a chance to receive the limited edition 8th Anniversary Gi

2022-04-18

Play

@TigerEvents:🏆【GAME】Hunting Eggs for Extra Saving!

2022-04-09

Market manipulators at work again. "Hard evidence". Sure.

Sorry, the original content has been removed

2022-02-13

Join join!

@TigerEvents:Join Tiger Ski Championship, Win a Bonus of Up to USD 2022

2022-02-09

$STNE is just like $SE. Increasing user base and revenue year on year, but increasing losses year on year too.

Down 27% to 85%: 2 Buffett Stocks to Buy for 2022 and Beyond

Go to Tiger App to see more news

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be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Sacrificing margins to compete with Alibaba just means that you are not on the same level. Still want to checkmate. Checkmate yourself","listText":"Sacrificing margins to compete with Alibaba just means that you are not on the same level. Still want to checkmate. Checkmate yourself","text":"Sacrificing margins to compete with Alibaba just means that you are not on the same level. Still want to checkmate. Checkmate yourself","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343159657808080","repostId":"2462019382","repostType":2,"repost":{"id":"2462019382","pubTimestamp":1724812860,"share":"https://ttm.financial/m/news/2462019382?lang=&edition=fundamental","pubTime":"2024-08-28 10:41","market":"us","language":"en","title":"PDD Holdings' Chess Move: Sacrificing Margins To Checkmate Alibaba","url":"https://stock-news.laohu8.com/highlight/detail?id=2462019382","media":"seekingalpha","summary":"PDD's Q2 earnings report revealed a shift toward high-quality brands, leading to a 30% stock price drop due to long-term margin concerns and no share buybacks.Despite market confusion, PDD's non-GAAP ","content":"<html><head></head><body><ul style=\"\"><li><p>PDD&#39;s Q2 earnings report revealed a shift toward high-quality brands, leading to a 30% stock price drop due to long-term margin concerns and no share buybacks.</p></li><li><p>Despite market confusion, PDD&#39;s non-GAAP operating margin surpassed Alibaba&#39;s, suggesting a strategic move to challenge Alibaba&#39;s dominance soon.</p></li><li><p>Management&#39;s confidence in their strategy is evident from increased merchant participation and cash reserves, indicating readiness for competitive challenges.</p></li><li><p>Sensitivity analysis shows significant upside potential, with a 48%-129% return in the bull case, making the stock a strong buy despite current fears.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fb880a20de01c703a6291d1ef688ff42\" tg-width=\"750\" tg-height=\"500\"/></p><p>Yoshiyoshi Hirokawa/DigitalVision via Getty Images</p><p></p><h2 id=\"id_3386954823\">Introduction</h2><p>PDD Holdings&#39; (NASDAQ:PDD) negative comments about its long-term profitability forecast, the unpredictability of geopolitical conflict, and the absence of a shareholder buyout surprised the market when the company released its Q2 earnings today. As a result, after the earnings, the stock price fell by 30%.</p><p>We published an article titled &#34;PDD Holdings Challenge To Alibaba&#39;s Reign&#34; in November 2023. We think the moment is probably near after examining its finances, the dynamics of its competitors, and the management&#39;s remarks. We will explain it in the sections that follow, and look more closely at each of the aforementioned issues separately.</p><h2 id=\"id_336546728\">Change in Long-Term Profitability Outlook</h2><h3 id=\"id_2605617804\">Shift in Business Model</h3><p>As a result of its efforts to invest in the supply chain and reduce transaction fees for merchants who carry premium brands, management anticipates a long-term drop in the company&#39;s margin.</p><p>Some background information for investors:</p><ol start=\"1\" style=\"\"><li><p>large brands like Nike, Apple, and others are referred to as high-quality brand merchants;</p></li><li><p>PDD is well-known for offering affordable white-label products;</p></li><li><p>PDD&#39;s main source of income is the sale of advertising to these white-label brands.</p></li></ol><p>Therefore, PDD&#39;s decision to concentrate on high-quality brands indicates that it will lower its support for while-label brand merchants and concentrate on large brand merchants. This initiative could therefore suggest a total overhaul of the business paradigm as it creates a conflict of interest for its while-label brand merchants. As a result, there is a lot of uncertainty in the market regarding the timing and outcome of this transition.</p><h3 id=\"id_177266955\">Q2 Financial Performance</h3><p>PD reported an 86% increase in revenues and a 156% increase in operating profits in its Q2 financial report. The revenue growth rate from transaction services and online marketing services both decreased from the previous quarter. This probably reflects management&#39;s decision to forego the white-label brand in favor of investing in a high-quality brand. Therefore, the market is confused about where the company is going.</p><h3 id=\"id_1134731684\">Strategic Implications</h3><p>Investors should, nevertheless, use common sense and realize that if the business is riding high, there should be no reason to let it go.</p><p>When comparing PDD&#39;s success to that of Alibaba (BABA), the whole picture becomes more evident. Over the past few quarters, PDD has increased its margin while Alibaba has remained silent. Nonetheless, PDD&#39;s non-GAAP operating margin climbed to 36% (calculated from its earnings reports) in Q2 2024 from 32.8% in Q1, above the EBITDA margin of 31.6% (calculated from its earnings reports) for Alibaba&#39;s commerce group (Taobao, TMall, and International Digital Commerce Group only) in this quarter.</p><p>P.S. Due to its low amortization and depreciation costs, PDD&#39;s non-GAAP operating margin is comparable to Alibaba&#39;s EBITDA margin.</p><p>Because PDD currently has a larger margin than Alibaba, PDD now has a margin advantage to compete on price over Alibaba. Furthermore, PDD&#39;s advantage against Alibaba in terms of commerce revenues was further reduced. With revenues of just 68% of Alibaba&#39;s, it expanded at a rate of 86% year over year. PDD has a good performance when compared to Alibaba&#39;s commerce group growth, which is 4% year over year.</p><p>With its double investment in price, PDD has a good possibility of surpassing Alibaba in a few quarters if all goes according to plan. Thus, it makes sense to comprehend management&#39;s choice this quarter from these angles. Thus, we interpret the PDD management&#39;s statement as an aggressive attempt to go after Alibaba rather than changes in its business model.</p><h2 id=\"id_596810965\">Geopolitical Risk and Investment Strategy</h2><p>There is indeed some degree of geopolitical risk uncertainty since developing nations may impose higher taxes on cheap goods imported from China. Nonetheless, management chose to raise rather than decrease investment, citing their belief that present investment rewards outweigh overall risk factors.</p><h3 id=\"id_681780368\">Early Indicators of Success</h3><p>The management gave investors some very insightful numbers, albeit sparingly, stating that they had seen early indications of the strategies&#39; potential for success.</p><blockquote><p>The number of new merchants and new products support our platforms saw meaningful growth. In the first week of June 18, the number of merchants participating in the 10 Billion Program grew by over 90% year-on-year, and the number of agricultural merchants increased by 83% year-on-year. Our platform also attracted a great number of new merchants in categories such as electronics, home appliances and cosmetics.</p></blockquote><p>If they are successful in adding additional merchants to the platform, it appears to us that the business is expanding rather than experiencing significant challenges. And if the management is indeed confident in its actions, then holding back on buybacks now makes sense. Even though it is true that a lack of buybacks makes investing in PDD shares less appealing. While we are not happy with their investor communications, we would rather see management properly designated for long-term priorities.</p><h3 id=\"id_4203036130\">Financial Management and Cash Reserves</h3><p>We do believe that PDD used conservative financial management, based on its historical track records. PDD kept increasing its cash reserves. PDD was close to Alibaba&#39;s $61 billion in cash and cash equivalent, with $38 billion in cash and cash equivalent on hand and just $720 million in convertible debt. This indicates to us that PDD is prepared for battle.</p><h2 id=\"id_1006610899\">Valuation</h2><h3 id=\"id_2864969942\">Base Case</h3><p>We revise our DCF model in light of its most recent financial data.</p><p>PDD is currently a highly successful and competitive business. In the worst scenario, PDD has to return to concentrating on white-label merchants since it is unable to draw in enough high-caliber brands. We believe that PDD has enough time to swiftly modify its strategy if things don&#39;t go according to plan, especially considering the size of its current user base.</p><p>Despite that, we still believe the company should continue to grow and eventually challenge Alibaba long term. However, for conservative reasons, we assume that the company will only grow by 3% annually after 2024 and will eventually maintain a free cash flow margin of 32%. This indicates that if investors purchase at the current price, there is a 48% upside. (see below chart)</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bc367f09bc0f43756a746cddf4c7aeb3\" tg-width=\"610\" tg-height=\"108\"/></p><p>DCF valuation (LEL)</p><p></p><h3 id=\"id_668999533\">Bear Case</h3><p>To evaluate its valuation under various long-term free cash margin and terminal growth rate scenarios, we have performed a sensitivity analysis.</p><p>In the bear case, we assume that the company was subject to intense competition risk, failed to grow at a rate greater than 3% per year, and saw a decrease in its margin as a result.</p><p>It demonstrates that the stock return has a 14%-28% upside (see below chart) from the current price, even if the company faced a major obstacle and had to lower its free cash flow margin to a level of 20%-25%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c9d5ab4464139ecf8bd63f933ac1d8e3\" tg-width=\"640\" tg-height=\"128\"/></p><p>Sensitivity test (LEL)</p><p></p><h3 id=\"id_4063060221\">Bull Case</h3><p>For the bull case, we still believe the company should continue to grow and eventually challenge Alibaba long-term. Based on various terminal growth rate estimates, the stock return potential increases to 48%-129% (see below chart), as long as the company can maintain its present margin and sustain growth of more than 3% annually.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3ac7972bc43143ae957f3befda542472\" tg-width=\"640\" tg-height=\"125\"/></p><p>Sensitivity test (LEL)</p><p></p><p>As a result, it seems that the upside risk is greater than the downside risk in both scenarios. In our opinion, the stock was considerably oversold following today&#39;s earnings. We are a buyer at the current price.</p><h2 id=\"id_3404590141\">Risk Factors</h2><p>PDD has a track record of neither paying dividends nor buying back stock from shareholders. This strikes us as a lack of dedication to generating shareholder returns. Given that the majority of PDD&#39;s assets are located in China&#39;s main territory, there is a considerable regulatory risk that future dividend distribution to investors may be restricted. Consequently, stock price appreciation may be the only source of profit for investors. Furthermore, to us, PDD&#39;s business model paradigm shift risk is greater than geopolitical or regulatory risk. Alibaba&#39;s rapid expenditure in its overseas operations is indicative of its fierce response to the price war. Consequently, there&#39;s no assurance that PDD will be able to easily pass Alibaba in the next quarters.</p><h2 id=\"id_2987798804\">Conclusion</h2><p>Investors were undoubtedly alarmed by management&#39;s remarks about long-term margin shrinkage, business model changes, and the absence of share buybacks. But if we sit down with management, we should realize that PDD currently has a leading margin and momentum, and now is the moment when it could be able to overtake Alibaba. Our sensitivity test indicates that the upside reward more than offsets the downside risk. Consequently, we believe that fear has caused the stock to be oversold at this time. We maintain our strong buy rating as a consequence.</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>PDD Holdings' Chess Move: Sacrificing Margins To Checkmate Alibaba</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\">\nPDD Holdings' Chess Move: Sacrificing Margins To Checkmate Alibaba\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-28 10:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4717329-pdd-holdings-chess-move-sacrificing-margins-to-checkmate-alibaba><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PDD's Q2 earnings report revealed a shift toward high-quality brands, leading to a 30% stock price drop due to long-term margin concerns and no share buybacks.Despite market confusion, PDD's non-GAAP ...</p>\n\n<a href=\"https://seekingalpha.com/article/4717329-pdd-holdings-chess-move-sacrificing-margins-to-checkmate-alibaba\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","BK4538":"云计算","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","BK4526":"热门中概股","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0048597586.USD":"富达亚洲焦点A","LU0502904849.HKD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (HKD) ACC","LU0072913022.USD":"UBS (LUX) EQUITY FUND - 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EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","BK4553":"喜马拉雅资本持仓","BK4531":"中概回港概念","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","BK4534":"瑞士信贷持仓","09988":"阿里巴巴-W","LU0054237671.USD":"FIDELITY ASIAN SPECIAL SITUATIONS \"A\" INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","LU0293314216.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"A\" (USD) ACC","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4717329-pdd-holdings-chess-move-sacrificing-margins-to-checkmate-alibaba","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2462019382","content_text":"PDD's Q2 earnings report revealed a shift toward high-quality brands, leading to a 30% stock price drop due to long-term margin concerns and no share buybacks.Despite market confusion, PDD's non-GAAP operating margin surpassed Alibaba's, suggesting a strategic move to challenge Alibaba's dominance soon.Management's confidence in their strategy is evident from increased merchant participation and cash reserves, indicating readiness for competitive challenges.Sensitivity analysis shows significant upside potential, with a 48%-129% return in the bull case, making the stock a strong buy despite current fears.Yoshiyoshi Hirokawa/DigitalVision via Getty ImagesIntroductionPDD Holdings' (NASDAQ:PDD) negative comments about its long-term profitability forecast, the unpredictability of geopolitical conflict, and the absence of a shareholder buyout surprised the market when the company released its Q2 earnings today. As a result, after the earnings, the stock price fell by 30%.We published an article titled \"PDD Holdings Challenge To Alibaba's Reign\" in November 2023. We think the moment is probably near after examining its finances, the dynamics of its competitors, and the management's remarks. We will explain it in the sections that follow, and look more closely at each of the aforementioned issues separately.Change in Long-Term Profitability OutlookShift in Business ModelAs a result of its efforts to invest in the supply chain and reduce transaction fees for merchants who carry premium brands, management anticipates a long-term drop in the company's margin.Some background information for investors:large brands like Nike, Apple, and others are referred to as high-quality brand merchants;PDD is well-known for offering affordable white-label products;PDD's main source of income is the sale of advertising to these white-label brands.Therefore, PDD's decision to concentrate on high-quality brands indicates that it will lower its support for while-label brand merchants and concentrate on large brand merchants. This initiative could therefore suggest a total overhaul of the business paradigm as it creates a conflict of interest for its while-label brand merchants. As a result, there is a lot of uncertainty in the market regarding the timing and outcome of this transition.Q2 Financial PerformancePD reported an 86% increase in revenues and a 156% increase in operating profits in its Q2 financial report. The revenue growth rate from transaction services and online marketing services both decreased from the previous quarter. This probably reflects management's decision to forego the white-label brand in favor of investing in a high-quality brand. Therefore, the market is confused about where the company is going.Strategic ImplicationsInvestors should, nevertheless, use common sense and realize that if the business is riding high, there should be no reason to let it go.When comparing PDD's success to that of Alibaba (BABA), the whole picture becomes more evident. Over the past few quarters, PDD has increased its margin while Alibaba has remained silent. Nonetheless, PDD's non-GAAP operating margin climbed to 36% (calculated from its earnings reports) in Q2 2024 from 32.8% in Q1, above the EBITDA margin of 31.6% (calculated from its earnings reports) for Alibaba's commerce group (Taobao, TMall, and International Digital Commerce Group only) in this quarter.P.S. Due to its low amortization and depreciation costs, PDD's non-GAAP operating margin is comparable to Alibaba's EBITDA margin.Because PDD currently has a larger margin than Alibaba, PDD now has a margin advantage to compete on price over Alibaba. Furthermore, PDD's advantage against Alibaba in terms of commerce revenues was further reduced. With revenues of just 68% of Alibaba's, it expanded at a rate of 86% year over year. PDD has a good performance when compared to Alibaba's commerce group growth, which is 4% year over year.With its double investment in price, PDD has a good possibility of surpassing Alibaba in a few quarters if all goes according to plan. Thus, it makes sense to comprehend management's choice this quarter from these angles. Thus, we interpret the PDD management's statement as an aggressive attempt to go after Alibaba rather than changes in its business model.Geopolitical Risk and Investment StrategyThere is indeed some degree of geopolitical risk uncertainty since developing nations may impose higher taxes on cheap goods imported from China. Nonetheless, management chose to raise rather than decrease investment, citing their belief that present investment rewards outweigh overall risk factors.Early Indicators of SuccessThe management gave investors some very insightful numbers, albeit sparingly, stating that they had seen early indications of the strategies' potential for success.The number of new merchants and new products support our platforms saw meaningful growth. In the first week of June 18, the number of merchants participating in the 10 Billion Program grew by over 90% year-on-year, and the number of agricultural merchants increased by 83% year-on-year. Our platform also attracted a great number of new merchants in categories such as electronics, home appliances and cosmetics.If they are successful in adding additional merchants to the platform, it appears to us that the business is expanding rather than experiencing significant challenges. And if the management is indeed confident in its actions, then holding back on buybacks now makes sense. Even though it is true that a lack of buybacks makes investing in PDD shares less appealing. While we are not happy with their investor communications, we would rather see management properly designated for long-term priorities.Financial Management and Cash ReservesWe do believe that PDD used conservative financial management, based on its historical track records. PDD kept increasing its cash reserves. PDD was close to Alibaba's $61 billion in cash and cash equivalent, with $38 billion in cash and cash equivalent on hand and just $720 million in convertible debt. This indicates to us that PDD is prepared for battle.ValuationBase CaseWe revise our DCF model in light of its most recent financial data.PDD is currently a highly successful and competitive business. In the worst scenario, PDD has to return to concentrating on white-label merchants since it is unable to draw in enough high-caliber brands. We believe that PDD has enough time to swiftly modify its strategy if things don't go according to plan, especially considering the size of its current user base.Despite that, we still believe the company should continue to grow and eventually challenge Alibaba long term. However, for conservative reasons, we assume that the company will only grow by 3% annually after 2024 and will eventually maintain a free cash flow margin of 32%. This indicates that if investors purchase at the current price, there is a 48% upside. (see below chart)DCF valuation (LEL)Bear CaseTo evaluate its valuation under various long-term free cash margin and terminal growth rate scenarios, we have performed a sensitivity analysis.In the bear case, we assume that the company was subject to intense competition risk, failed to grow at a rate greater than 3% per year, and saw a decrease in its margin as a result.It demonstrates that the stock return has a 14%-28% upside (see below chart) from the current price, even if the company faced a major obstacle and had to lower its free cash flow margin to a level of 20%-25%.Sensitivity test (LEL)Bull CaseFor the bull case, we still believe the company should continue to grow and eventually challenge Alibaba long-term. Based on various terminal growth rate estimates, the stock return potential increases to 48%-129% (see below chart), as long as the company can maintain its present margin and sustain growth of more than 3% annually.Sensitivity test (LEL)As a result, it seems that the upside risk is greater than the downside risk in both scenarios. In our opinion, the stock was considerably oversold following today's earnings. We are a buyer at the current price.Risk FactorsPDD has a track record of neither paying dividends nor buying back stock from shareholders. This strikes us as a lack of dedication to generating shareholder returns. Given that the majority of PDD's assets are located in China's main territory, there is a considerable regulatory risk that future dividend distribution to investors may be restricted. Consequently, stock price appreciation may be the only source of profit for investors. Furthermore, to us, PDD's business model paradigm shift risk is greater than geopolitical or regulatory risk. Alibaba's rapid expenditure in its overseas operations is indicative of its fierce response to the price war. Consequently, there's no assurance that PDD will be able to easily pass Alibaba in the next quarters.ConclusionInvestors were undoubtedly alarmed by management's remarks about long-term margin shrinkage, business model changes, and the absence of share buybacks. But if we sit down with management, we should realize that PDD currently has a leading margin and momentum, and now is the moment when it could be able to overtake Alibaba. Our sensitivity test indicates that the upside reward more than offsets the downside risk. Consequently, we believe that fear has caused the stock to be oversold at this time. We maintain our strong buy rating as a consequence.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":227040724967480,"gmtCreate":1696494808090,"gmtModify":1696494812639,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Please crash hard. Drop 30% minimum","listText":"Please crash hard. Drop 30% minimum","text":"Please crash hard. Drop 30% minimum","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/227040724967480","repostId":"1110040591","repostType":2,"repost":{"id":"1110040591","pubTimestamp":1696494136,"share":"https://ttm.financial/m/news/1110040591?lang=&edition=fundamental","pubTime":"2023-10-05 16:22","market":"us","language":"en","title":"Stock Market Crash Alert: Mark Your Calendars for Nov. 18","url":"https://stock-news.laohu8.com/highlight/detail?id=1110040591","media":"InvestorPlace","summary":"The ouster of Kevin McCarthy as House Speaker has raised the likelihood of a government shutdown on Nov. 18.The uncertainty in Washington, D.C. has added to the wall of worries that the stock market i","content":"<html><head></head><body><ul style=\"\"><li><p>The ouster of Kevin McCarthy as House Speaker has raised the likelihood of a government shutdown on Nov. 18.</p></li><li><p>The uncertainty in Washington, D.C. has added to the wall of worries that the stock market is climbing.</p></li><li><p>A government shutdown at this point would no doubt send equities for a loop.</p></li></ul><p>With Congress in chaos following the ouster of House Speaker Kevin McCarthy, the odds of a government shutdown occurring in November just went up exponentially. It also increases the risks of a stock market crash.</p><p style=\"text-align: start;\">While a government shutdown was narrowly averted on Sept. 30, federal funding has only been secured through Nov. 17 by the stopgap legislation McCarthy managed to push through the House of Representatives and Senate. Without a new deal being brokered between Republicans and Democrats, a shutdown of the federal government could occur on Nov. 18, a situation that would likely throw already jittery markets for a loop.</p><h2 id=\"id_1565532178\" style=\"text-align: start;\">The Downfall of Kevin McCarthy</h2><p style=\"text-align: start;\">Kevin McCarthy has made history by becoming the first Speaker of the U.S. House of Representatives to be ousted from the job. The Republican Congressman’s fate was sealed when he brokered the passage of a stopgap spending bill to keep the U.S. government running with support from the rival Democratic Party. McCarthy’s cooperation with the Democrats angered a small group of hardline conservatives who quickly took steps to vote him out as Speaker.</p><p style=\"text-align: start;\">In a historic vote, eight Republicans joined with all Democrats in voting to remove McCarthy through a procedure called a “motion to vacate.” In the end, members of the House of Representatives voted 216 to 210 in favor of removing McCarthy as Speaker, with some members not present for the vote. McCarthy said he will not run for House Speaker again. Republican Congressman Patrick McHenry was chosen to preside temporarily over the lower chamber of Congress until a new permanent Speaker is chosen.</p><p>Getting agreement on long-term funding to keep the U.S. government afloat after Nov. 17 has now been complicated by the lack of a House Speaker. While Republican lawmakers fight amongst themselves, no negotiations are taking place with the Democrats. The next House Speaker is likely to face continued issues caused by Republican hardliners who continuously block their own party’s legislation and upend their political strategies.</p><h2 id=\"id_2032102705\" style=\"text-align: start;\">What It Means for Markets and a Potential Stock Market Crash</h2><p style=\"text-align: start;\">Stocks are already on edge and slumping due to a combination of worries that include bond yields that are at their highest level in more than 15 years, crude oil prices that are back above $85 a barrel, a rapid economic slowdown in China, and the prospect that interest rates could remain higher for much longer than previously anticipated. The stock market slump that began in August has accelerated, with the <strong>Dow Jones Industrial Average</strong> having now turned negative on the year.</p><p style=\"text-align: start;\">A leadership vacuum in the House of Representatives following McCarthy’s removal as speaker, coupled with the prospect of a government shutdown on Nov. 18, is only adding to the uncertainty that is pulling equities lower right now. Talk is growing online of a perfect storm developing that could lead to a market crash. Moody’s recently warned that Washington’s political polarization could result in a rating downgrade on U.S. debt as the turmoil negatively impacts America’s fiscal situation.</p><h2 id=\"id_3639174136\" style=\"text-align: start;\">What’s Next</h2><p style=\"text-align: start;\">While several names are being bandied about for the role of House Speaker, chief among them Louisiana Republican Steve Scalise, it is not yet clear who might take up the gavel in the coming weeks. It’s also not clear how Republicans and Democrats will find consensus on funding the federal government past Nov. 17. The political uncertainty is likely to intensify in the coming weeks and exert further downward pressure on stocks. Investors should prepare for more drama ahead.</p></body></html>","source":"investorplace_stock_picks","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>Stock Market Crash Alert: Mark Your Calendars for Nov. 18</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\">\nStock Market Crash Alert: Mark Your Calendars for Nov. 18\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-05 16:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/10/stock-market-crash-alert/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ouster of Kevin McCarthy as House Speaker has raised the likelihood of a government shutdown on Nov. 18.The uncertainty in Washington, D.C. has added to the wall of worries that the stock market ...</p>\n\n<a href=\"https://investorplace.com/2023/10/stock-market-crash-alert/\">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://investorplace.com/2023/10/stock-market-crash-alert/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110040591","content_text":"The ouster of Kevin McCarthy as House Speaker has raised the likelihood of a government shutdown on Nov. 18.The uncertainty in Washington, D.C. has added to the wall of worries that the stock market is climbing.A government shutdown at this point would no doubt send equities for a loop.With Congress in chaos following the ouster of House Speaker Kevin McCarthy, the odds of a government shutdown occurring in November just went up exponentially. It also increases the risks of a stock market crash.While a government shutdown was narrowly averted on Sept. 30, federal funding has only been secured through Nov. 17 by the stopgap legislation McCarthy managed to push through the House of Representatives and Senate. Without a new deal being brokered between Republicans and Democrats, a shutdown of the federal government could occur on Nov. 18, a situation that would likely throw already jittery markets for a loop.The Downfall of Kevin McCarthyKevin McCarthy has made history by becoming the first Speaker of the U.S. House of Representatives to be ousted from the job. The Republican Congressman’s fate was sealed when he brokered the passage of a stopgap spending bill to keep the U.S. government running with support from the rival Democratic Party. McCarthy’s cooperation with the Democrats angered a small group of hardline conservatives who quickly took steps to vote him out as Speaker.In a historic vote, eight Republicans joined with all Democrats in voting to remove McCarthy through a procedure called a “motion to vacate.” In the end, members of the House of Representatives voted 216 to 210 in favor of removing McCarthy as Speaker, with some members not present for the vote. McCarthy said he will not run for House Speaker again. Republican Congressman Patrick McHenry was chosen to preside temporarily over the lower chamber of Congress until a new permanent Speaker is chosen.Getting agreement on long-term funding to keep the U.S. government afloat after Nov. 17 has now been complicated by the lack of a House Speaker. While Republican lawmakers fight amongst themselves, no negotiations are taking place with the Democrats. The next House Speaker is likely to face continued issues caused by Republican hardliners who continuously block their own party’s legislation and upend their political strategies.What It Means for Markets and a Potential Stock Market CrashStocks are already on edge and slumping due to a combination of worries that include bond yields that are at their highest level in more than 15 years, crude oil prices that are back above $85 a barrel, a rapid economic slowdown in China, and the prospect that interest rates could remain higher for much longer than previously anticipated. The stock market slump that began in August has accelerated, with the Dow Jones Industrial Average having now turned negative on the year.A leadership vacuum in the House of Representatives following McCarthy’s removal as speaker, coupled with the prospect of a government shutdown on Nov. 18, is only adding to the uncertainty that is pulling equities lower right now. Talk is growing online of a perfect storm developing that could lead to a market crash. Moody’s recently warned that Washington’s political polarization could result in a rating downgrade on U.S. debt as the turmoil negatively impacts America’s fiscal situation.What’s NextWhile several names are being bandied about for the role of House Speaker, chief among them Louisiana Republican Steve Scalise, it is not yet clear who might take up the gavel in the coming weeks. It’s also not clear how Republicans and Democrats will find consensus on funding the federal government past Nov. 17. The political uncertainty is likely to intensify in the coming weeks and exert further downward pressure on stocks. Investors should prepare for more drama ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224827126296648,"gmtCreate":1695968218151,"gmtModify":1695968222997,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Already pullback from $67, has already bounced off support at $51","listText":"Already pullback from $67, has already bounced off support at $51","text":"Already pullback from $67, has already bounced off support at $51","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224827126296648","repostId":"2370966937","repostType":2,"repost":{"id":"2370966937","pubTimestamp":1695968100,"share":"https://ttm.financial/m/news/2370966937?lang=&edition=fundamental","pubTime":"2023-09-29 14:15","market":"us","language":"en","title":"Shopify: Bull Run Is Likely Over","url":"https://stock-news.laohu8.com/highlight/detail?id=2370966937","media":"Seeking Alpha","summary":"Shopify Inc. stock has experienced a bull run and outperformed the market over the last year.The partnership with Amazon could be a growth catalyst for Shopify.However, the current macro and valuation","content":"<html><head></head><body><ul style=\"\"><li><p><a href=\"https://laohu8.com/S/SHOP\">Shopify Inc</a>. stock has experienced a bull run and outperformed the market over the last year.</p></li><li><p>The partnership with Amazon could be a growth catalyst for Shopify.</p></li><li><p>However, the current macro and valuation headwinds suggest that the bull run is likely over, and it may be better to wait for a greater pullback before investing in Shopify.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/83d3ce299a98b30b880987fe985586f8\" alt=\"Sean Gallup\" title=\"Sean Gallup\" tg-width=\"750\" tg-height=\"485\"/><span>Sean Gallup</span></p><p><strong>Shopify Inc.</strong> (NYSE:SHOP) stock has greatly appreciated in recent quarters, but now there are questions about whether its shares have any upside left given the macro and valuation risks that are making the company less attractive to own. Even though it seems that Shopify’s business will continue to grow, there are reasons to believe that a short to near-term contraction of its share price is on the horizon.</p><h2 id=\"id_2356878080\">Shopify Continues To Exceed Expectations</h2><p>Let’s start with the good thing. Back in March, I wrote an article in which I explained that Shopify’s stock is likely going to experience a bull run due to several growth catalysts that could improve the underlying business and make the street more excited about the company’s prospects. That’s exactly what happened, and since that time Shopify’s shares appreciated by ~15% and outperformed the market.</p><p>What’s more, is that the Q2 numbers that were released last month showed that Shopify’s growth story is far from over. In Q2 its revenues increased by 31% Y/Y to $1.69 billion and were above the estimates by $70 million. At the same time, the non-GAAP EPS of $0.14 was above the estimates by $0.09 as well, while the gross merchandise volume was up 17% to $55 billion.</p><p>Another important development happened a few weeks ago when Shopify gave the ability to its U.S.-based merchants to add Amazon’s (AMZN) <em>Buy with Prime</em> feature to their stores. Previously, the company prohibited this feature and stated that those merchants who use it in their stores are in violation of Shopify’s terms and conditions. This is likely due to the fact that the company feared that it would lose a significant portion of its business as merchants would have the incentive to use Amazon’s payment system to access a greater number of customers. However, after setting aside their differences, it’s likely that by allowing its merchants to use the benefits of the Prime ecosystem once again, Shopify itself is going to benefit due to the potential increase in gross merchandise volume that could outweigh the competition risks.</p><p>Considering that the U.S. economy is expected to expand by 4.9% in Q3, it certainly looks like the partnership with Amazon could become another great growth catalyst for Shopify’s business in the end. Add to all of this the fact that the eCommerce market in the United States shows no signs of slowing down and is forecasted to grow at an aggressive double-digit rate and worth around $1.4 trillion by 2027, and it becomes obvious that Shopify has more than enough opportunities to generate meaningful returns. Even the street believes that Shopify growth story is far from over and expects the company to continue to increase its sales at a double-digit rate after making countless upward revisions in recent months.</p><p>However, despite all of this optimism, there are several things that could undermine the bullish thesis in the short-term and make Shopify’s stock an unattractive investment at the current price at this stage.</p><h2 id=\"id_3181531084\">Is The Bull Run About To End?</h2><p>While Shopify has plenty of growth catalysts, there’s a risk that the economy could underperform in the upcoming months, which could negatively affect the company’s growth prospects in the upcoming quarter. Considering that we’ve seen a surge in oil prices in recent months due to the Saudi-led oil production cuts, there’s a risk that inflation will once again rise and undermine consumer confidence. We already saw how the CPI has increased M/M in August after months of decline, and the potential rise of energy prices ahead of the winter season could certainly decrease the purchasing power of consumers.</p><p>In addition to the macro risks, there are also reasons to believe that Shopify’s stock is currently in overbought territory, and it would become much harder for it to appreciate further in the current environment, especially as the AI-led rally slowly loses momentum. Let’s not forget that the company trades at around 100 times its earnings and over 9 times its forward sales. While such an excessive valuation could’ve been ignored if the Federal Reserve had practiced a loose monetary policy, it’s hard to believe that the stock will trade at significantly higher multiples anytime soon if rates remain at the current levels for longer than expected. Even Amazon trades at lower multiples with a forward P/E of ~60x.</p><p>If the worsened economic conditions force the company to revise its growth expectations, then Shopify’s stock would likely lose a decent chance to significantly appreciate anytime soon. The company’s shares have already failed to break and remain above the $70 per share resistance level for a while. We’re also currently experiencing a change in sentiment, which made Shopify stock lose nearly all of its gains for September so far. If the overall market depreciates on weakness in the short to near term, then we could be almost certain that the same faith would await Shopify’s shares given the excessive multiples at which they currently trade.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b6d1dd63260b4b71d5099069de685be\" alt=\"Shopify&#39;s Stock Performance (Seeking Alpha)\" title=\"Shopify&#39;s Stock Performance (Seeking Alpha)\" tg-width=\"640\" tg-height=\"243\"/><span>Shopify&#39;s Stock Performance (Seeking Alpha)</span></p><h2 id=\"id_134479987\">The Bottom Line</h2><p>Overall, it’s safe to say that Shopify Inc. is a great company with a solid business model that is able to ensure aggressive growth over the long run. However, it would be also safe to assume that it would be significantly harder for Shopify’s shares to greatly appreciate in the coming months given the macro and valuation headwinds that the company faces. As such, I tend to believe that the bull run which I predicted earlier this year has likely come to an end, and it’s better to wait for a further pullback before accumulating a position in the company again.</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>Shopify: Bull Run Is Likely Over</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\">\nShopify: Bull Run Is Likely Over\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-29 14:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4637481-shopify-bull-run-is-likely-over><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shopify Inc. stock has experienced a bull run and outperformed the market over the last year.The partnership with Amazon could be a growth catalyst for Shopify.However, the current macro and valuation...</p>\n\n<a href=\"https://seekingalpha.com/article/4637481-shopify-bull-run-is-likely-over\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0528227936.USD":"富达环球人口趋势基金A-ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4220":"综合零售","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4524":"宅经济概念","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4535":"淡马锡持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4527":"明星科技股","LU0079474960.USD":"联博美国增长基金A","BK4588":"碎股","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4579":"人工智能","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4503":"景林资产持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","SHOP":"Shopify Inc","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0238689110.USD":"贝莱德环球动力股票基金","BK4548":"巴美列捷福持仓","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4592":"伊斯兰概念","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4534":"瑞士信贷持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC"},"source_url":"https://seekingalpha.com/article/4637481-shopify-bull-run-is-likely-over","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2370966937","content_text":"Shopify Inc. stock has experienced a bull run and outperformed the market over the last year.The partnership with Amazon could be a growth catalyst for Shopify.However, the current macro and valuation headwinds suggest that the bull run is likely over, and it may be better to wait for a greater pullback before investing in Shopify.Sean GallupShopify Inc. (NYSE:SHOP) stock has greatly appreciated in recent quarters, but now there are questions about whether its shares have any upside left given the macro and valuation risks that are making the company less attractive to own. Even though it seems that Shopify’s business will continue to grow, there are reasons to believe that a short to near-term contraction of its share price is on the horizon.Shopify Continues To Exceed ExpectationsLet’s start with the good thing. Back in March, I wrote an article in which I explained that Shopify’s stock is likely going to experience a bull run due to several growth catalysts that could improve the underlying business and make the street more excited about the company’s prospects. That’s exactly what happened, and since that time Shopify’s shares appreciated by ~15% and outperformed the market.What’s more, is that the Q2 numbers that were released last month showed that Shopify’s growth story is far from over. In Q2 its revenues increased by 31% Y/Y to $1.69 billion and were above the estimates by $70 million. At the same time, the non-GAAP EPS of $0.14 was above the estimates by $0.09 as well, while the gross merchandise volume was up 17% to $55 billion.Another important development happened a few weeks ago when Shopify gave the ability to its U.S.-based merchants to add Amazon’s (AMZN) Buy with Prime feature to their stores. Previously, the company prohibited this feature and stated that those merchants who use it in their stores are in violation of Shopify’s terms and conditions. This is likely due to the fact that the company feared that it would lose a significant portion of its business as merchants would have the incentive to use Amazon’s payment system to access a greater number of customers. However, after setting aside their differences, it’s likely that by allowing its merchants to use the benefits of the Prime ecosystem once again, Shopify itself is going to benefit due to the potential increase in gross merchandise volume that could outweigh the competition risks.Considering that the U.S. economy is expected to expand by 4.9% in Q3, it certainly looks like the partnership with Amazon could become another great growth catalyst for Shopify’s business in the end. Add to all of this the fact that the eCommerce market in the United States shows no signs of slowing down and is forecasted to grow at an aggressive double-digit rate and worth around $1.4 trillion by 2027, and it becomes obvious that Shopify has more than enough opportunities to generate meaningful returns. Even the street believes that Shopify growth story is far from over and expects the company to continue to increase its sales at a double-digit rate after making countless upward revisions in recent months.However, despite all of this optimism, there are several things that could undermine the bullish thesis in the short-term and make Shopify’s stock an unattractive investment at the current price at this stage.Is The Bull Run About To End?While Shopify has plenty of growth catalysts, there’s a risk that the economy could underperform in the upcoming months, which could negatively affect the company’s growth prospects in the upcoming quarter. Considering that we’ve seen a surge in oil prices in recent months due to the Saudi-led oil production cuts, there’s a risk that inflation will once again rise and undermine consumer confidence. We already saw how the CPI has increased M/M in August after months of decline, and the potential rise of energy prices ahead of the winter season could certainly decrease the purchasing power of consumers.In addition to the macro risks, there are also reasons to believe that Shopify’s stock is currently in overbought territory, and it would become much harder for it to appreciate further in the current environment, especially as the AI-led rally slowly loses momentum. Let’s not forget that the company trades at around 100 times its earnings and over 9 times its forward sales. While such an excessive valuation could’ve been ignored if the Federal Reserve had practiced a loose monetary policy, it’s hard to believe that the stock will trade at significantly higher multiples anytime soon if rates remain at the current levels for longer than expected. Even Amazon trades at lower multiples with a forward P/E of ~60x.If the worsened economic conditions force the company to revise its growth expectations, then Shopify’s stock would likely lose a decent chance to significantly appreciate anytime soon. The company’s shares have already failed to break and remain above the $70 per share resistance level for a while. We’re also currently experiencing a change in sentiment, which made Shopify stock lose nearly all of its gains for September so far. If the overall market depreciates on weakness in the short to near term, then we could be almost certain that the same faith would await Shopify’s shares given the excessive multiples at which they currently trade.Shopify's Stock Performance (Seeking Alpha)The Bottom LineOverall, it’s safe to say that Shopify Inc. is a great company with a solid business model that is able to ensure aggressive growth over the long run. However, it would be also safe to assume that it would be significantly harder for Shopify’s shares to greatly appreciate in the coming months given the macro and valuation headwinds that the company faces. As such, I tend to believe that the bull run which I predicted earlier this year has likely come to an end, and it’s better to wait for a further pullback before accumulating a position in the company again.","news_type":1},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201821454766216,"gmtCreate":1690281216897,"gmtModify":1690281220706,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/OXMU.SI\">$Prime US ReitUSD(OXMU.SI)$&nbsp;</a>Wah how come up 10% today?","listText":"<a href=\"https://ttm.financial/S/OXMU.SI\">$Prime US ReitUSD(OXMU.SI)$&nbsp;</a>Wah how come up 10% today?","text":"$Prime US ReitUSD(OXMU.SI)$ Wah how come up 10% today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/201821454766216","isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575026812405763","authorId":"3575026812405763","name":"khorsoo","avatar":"https://static.tigerbbs.com/b1eed93c63ec07eabff3f71d1a91125b","crmLevel":4,"crmLevelSwitch":1,"idStr":"3575026812405763","authorIdStr":"3575026812405763"},"content":"i buy every time it drop.. either this is gonna be a big gain or loss in the long run. considerably both Manulife and Keppel has also invested in A class office in US. but Keppel has a larger interest in its REIT and may pump in money to support the REIT.","text":"i buy every time it drop.. either this is gonna be a big gain or loss in the long run. considerably both Manulife and Keppel has also invested in A class office in US. but Keppel has a larger interest in its REIT and may pump in money to support the REIT.","html":"i buy every time it drop.. either this is gonna be a big gain or loss in the long run. considerably both Manulife and Keppel has also invested in A class office in US. but Keppel has a larger interest in its REIT and may pump in money to support the REIT."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979008971,"gmtCreate":1685086845894,"gmtModify":1685086848823,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>Fly more so that I canshort it back down","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>Fly more so that I canshort it back down","text":"$NVIDIA Corp(NVDA)$ Fly more so that I canshort it back down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9979008971","isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970483541,"gmtCreate":1684820566784,"gmtModify":1684820572233,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Everything also increase except salary","listText":"Everything also increase except salary","text":"Everything also increase except salary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970483541","repostId":"1180109517","repostType":2,"repost":{"id":"1180109517","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":1684818980,"share":"https://ttm.financial/m/news/1180109517?lang=&edition=fundamental","pubTime":"2023-05-23 13:16","market":"sg","language":"en","title":"Singapore's April Core Inflation Rises 5%, Beating Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=1180109517","media":"Reuters","summary":"SINGAPORE, May 23 (Reuters) - Singapore's key consumer price gauge rose 5% in April, higher than for","content":"<html><head></head><body><p>SINGAPORE, May 23 (Reuters) - Singapore&#39;s key consumer price gauge rose 5% in April, higher than forecast, official data showed on Tuesday.</p><p style=\"text-align: start;\">Core inflation - which excludes private road transport and accommodation costs - rose 5% year-on-year in April. A Reuters poll of economists had forecast a 4.7% increase.</p><p style=\"text-align: start;\">Lower inflation for electricity, gas, food, retail and other goods was offset by higher inflation for travel-related services, according to a joint statement by the Monetary Authority of Singapore (MAS) and the trade ministry.</p><p>&#34;Global supply chain frictions have eased, and consumer goods inflation in the advanced economies has moderated, even as overall core inflation is still high,&#34; they said.</p><p style=\"text-align: start;\">Headline inflation was up 5.7% year-on-year in April, compared with a forecast 5.5% increase in a Reuters poll.</p><p style=\"text-align: start;\">The central bank said core inflation was expected to average 3.5% to 4.5% while headline inflation was forecast at 5.5% to 6.5% this year.</p><p>MAS left its monetary policy settings unchanged last month, reflecting concerns about Singapore&#39;s growth outlook and surprising economists, who had expected another round of tightening due to elevated inflation.</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>Singapore's April Core Inflation Rises 5%, Beating Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's April Core Inflation Rises 5%, Beating Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-23 13:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, May 23 (Reuters) - Singapore&#39;s key consumer price gauge rose 5% in April, higher than forecast, official data showed on Tuesday.</p><p style=\"text-align: start;\">Core inflation - which excludes private road transport and accommodation costs - rose 5% year-on-year in April. A Reuters poll of economists had forecast a 4.7% increase.</p><p style=\"text-align: start;\">Lower inflation for electricity, gas, food, retail and other goods was offset by higher inflation for travel-related services, according to a joint statement by the Monetary Authority of Singapore (MAS) and the trade ministry.</p><p>&#34;Global supply chain frictions have eased, and consumer goods inflation in the advanced economies has moderated, even as overall core inflation is still high,&#34; they said.</p><p style=\"text-align: start;\">Headline inflation was up 5.7% year-on-year in April, compared with a forecast 5.5% increase in a Reuters poll.</p><p style=\"text-align: start;\">The central bank said core inflation was expected to average 3.5% to 4.5% while headline inflation was forecast at 5.5% to 6.5% this year.</p><p>MAS left its monetary policy settings unchanged last month, reflecting concerns about Singapore&#39;s growth outlook and surprising economists, who had expected another round of tightening due to elevated inflation.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180109517","content_text":"SINGAPORE, May 23 (Reuters) - Singapore's key consumer price gauge rose 5% in April, higher than forecast, official data showed on Tuesday.Core inflation - which excludes private road transport and accommodation costs - rose 5% year-on-year in April. A Reuters poll of economists had forecast a 4.7% increase.Lower inflation for electricity, gas, food, retail and other goods was offset by higher inflation for travel-related services, according to a joint statement by the Monetary Authority of Singapore (MAS) and the trade ministry.\"Global supply chain frictions have eased, and consumer goods inflation in the advanced economies has moderated, even as overall core inflation is still high,\" they said.Headline inflation was up 5.7% year-on-year in April, compared with a forecast 5.5% increase in a Reuters poll.The central bank said core inflation was expected to average 3.5% to 4.5% while headline inflation was forecast at 5.5% to 6.5% this year.MAS left its monetary policy settings unchanged last month, reflecting concerns about Singapore's growth outlook and surprising economists, who had expected another round of tightening due to elevated inflation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970142416,"gmtCreate":1684209316035,"gmtModify":1684209319794,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"The price runaway liao lor. Jialat sia you guys","listText":"The price runaway liao lor. Jialat sia you guys","text":"The price runaway liao lor. Jialat sia you guys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970142416","repostId":"1199811691","repostType":2,"repost":{"id":"1199811691","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1684204624,"share":"https://ttm.financial/m/news/1199811691?lang=&edition=fundamental","pubTime":"2023-05-16 10:37","market":"sg","language":"en","title":"Notice: System Recovered (16 May)","url":"https://stock-news.laohu8.com/highlight/detail?id=1199811691","media":"Tiger Newspress","summary":"Dear Client,Please be informed that the issue affecting SGX trades on the morning of 16 May 2023 has","content":"<p>Dear Client,</p><p>Please be informed that the issue affecting SGX trades on the morning of 16 May 2023 has been resolved and you may resume your regular trading activities. Thank you for your patience and do kindly note that previous orders submitted during the affected period were cancelled.</p><p>Kindly contact our <strong>Customer Service</strong>: Service@tigerbrokers.com.sg or call or <strong>WhatsApp Chat us at +65 6331 2277</strong> should you require further assistance.</p><p>We sincerely apologize for any inconvenience caused. Thank you.</p><p>-11:33,16 May</p><hr><p>Dear Client, </p><p>We have discovered an abnormality in our system that is affecting all SGX trades as of the morning of 16 May 2023. We take this matter seriously and are currently investigating the matter. If there are any updates, we will inform you as soon as possible. </p><p>Kindly contact our Customer Service: Service@tigerbrokers.com.sg or call or WhatsApp Chat us at +65 6331 2277 for further assistance. </p><p>We sincerely apologize for the inconvenience caused.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Notice: System Recovered (16 May)</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\">\nNotice: System Recovered (16 May)\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-16 10:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dear Client,</p><p>Please be informed that the issue affecting SGX trades on the morning of 16 May 2023 has been resolved and you may resume your regular trading activities. Thank you for your patience and do kindly note that previous orders submitted during the affected period were cancelled.</p><p>Kindly contact our <strong>Customer Service</strong>: Service@tigerbrokers.com.sg or call or <strong>WhatsApp Chat us at +65 6331 2277</strong> should you require further assistance.</p><p>We sincerely apologize for any inconvenience caused. Thank you.</p><p>-11:33,16 May</p><hr><p>Dear Client, </p><p>We have discovered an abnormality in our system that is affecting all SGX trades as of the morning of 16 May 2023. We take this matter seriously and are currently investigating the matter. If there are any updates, we will inform you as soon as possible. </p><p>Kindly contact our Customer Service: Service@tigerbrokers.com.sg or call or WhatsApp Chat us at +65 6331 2277 for further assistance. </p><p>We sincerely apologize for the inconvenience caused.</p>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199811691","content_text":"Dear Client,Please be informed that the issue affecting SGX trades on the morning of 16 May 2023 has been resolved and you may resume your regular trading activities. Thank you for your patience and do kindly note that previous orders submitted during the affected period were cancelled.Kindly contact our Customer Service: Service@tigerbrokers.com.sg or call or WhatsApp Chat us at +65 6331 2277 should you require further assistance.We sincerely apologize for any inconvenience caused. Thank you.-11:33,16 MayDear Client, We have discovered an abnormality in our system that is affecting all SGX trades as of the morning of 16 May 2023. We take this matter seriously and are currently investigating the matter. If there are any updates, we will inform you as soon as possible. Kindly contact our Customer Service: Service@tigerbrokers.com.sg or call or WhatsApp Chat us at +65 6331 2277 for further assistance. We sincerely apologize for the inconvenience caused.","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970019513,"gmtCreate":1683707669432,"gmtModify":1683707691675,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/OXMU.SI\">$Prime US ReitUSD(OXMU.SI)$&nbsp;</a>today's&nbsp;dump is because of poor earnings?","listText":"<a href=\"https://ttm.financial/S/OXMU.SI\">$Prime US ReitUSD(OXMU.SI)$&nbsp;</a>today's&nbsp;dump is because of poor earnings?","text":"$Prime US ReitUSD(OXMU.SI)$ today's dump is because of poor earnings?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9970019513","isVote":1,"tweetType":1,"viewCount":697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946356225,"gmtCreate":1680874469068,"gmtModify":1680874472772,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"There are little new users of iPhone every year. Ppl that buy new iPhone every year&nbsp;are&nbsp;existing users. Android users will stay as android users which is why the growth low","listText":"There are little new users of iPhone every year. Ppl that buy new iPhone every year&nbsp;are&nbsp;existing users. Android users will stay as android users which is why the growth low","text":"There are little new users of iPhone every year. Ppl that buy new iPhone every year are existing users. Android users will stay as android users which is why the growth low","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9946356225","repostId":"1126419402","repostType":2,"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968420664,"gmtCreate":1669297854159,"gmtModify":1676538180387,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"I still means a pivot will come sooner or laterand market is pricing in this","listText":"I still means a pivot will come sooner or laterand market is pricing in this","text":"I still means a pivot will come sooner or laterand market is pricing in this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968420664","repostId":"1115955346","repostType":4,"repost":{"id":"1115955346","pubTimestamp":1669295135,"share":"https://ttm.financial/m/news/1115955346?lang=&edition=fundamental","pubTime":"2022-11-24 21:05","market":"us","language":"en","title":"Markets Cheer as Fed Signals Rate Hike Slowdown. Why That’s the Wrong Takeaway","url":"https://stock-news.laohu8.com/highlight/detail?id=1115955346","media":"Barron's","summary":"The Federal Reserve gave the biggest indication yet that a slowdown in the pace of interest rate hik","content":"<html><head></head><body><p>The Federal Reserve gave the biggest indication yet that a slowdown in the pace of interest rate hikes is around the corner.</p><p>Minutes from the meeting that preceded Fed Chairman Jerome Powell’s hawkish press conference for November’s 0.75 percentage point hike, were always going to be crucial for markets. His focus on rates peaking higher than expected had been key.</p><p>U.S. stocks, which pulled back sharply after Powell’s Nov.2 comments, rallied into the Thanksgiving holiday in late trading Wednesday as markets opted to focus on a slower pace of hikes, hinted at in the minutes. The S&amp;P 500 closed 0.6% higher, while the Nasdaq Composite climbed 1%.</p><p>“A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate,” seems to be the line investors viewed as the most significant from Wednesday’s release.</p><p>A 0.5 percentage point hike at the Fed’s December meeting would certainly be a significant moment but in honing in on a slower pace of hikes, markets may be missing the point.</p><p>“Markets are hooked on the idea of a pause of a pivot and when that might be. This is the wrong way to look at it,” Market.com analyst Neil Wilson said in a note early Thursday. “We know the Fed is slowing, the issue at stake is how far it gets before it stops,” he added.</p><p>The minutes revealed uncertainty over the ultimate level of the federal-funds rate—currently at 3.75% to 4%—noting that it was data dependent. In fact, several officials now see the peak being higher than they previously expected.</p><p>Powell left November’s two-day discussion and felt compelled to press home that particular prospect. Investors, now privy to the same discussions, have taken an entirely different headline.</p></body></html>","source":"lsy1610680873436","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>Markets Cheer as Fed Signals Rate Hike Slowdown. Why That’s the Wrong Takeaway</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\">\nMarkets Cheer as Fed Signals Rate Hike Slowdown. Why That’s the Wrong Takeaway\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-24 21:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/markets-cheer-federal-reserve-rate-hike-slowdown-51669287673?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve gave the biggest indication yet that a slowdown in the pace of interest rate hikes is around the corner.Minutes from the meeting that preceded Fed Chairman Jerome Powell’s hawkish ...</p>\n\n<a href=\"https://www.barrons.com/articles/markets-cheer-federal-reserve-rate-hike-slowdown-51669287673?mod=hp_LATEST\">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",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/markets-cheer-federal-reserve-rate-hike-slowdown-51669287673?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115955346","content_text":"The Federal Reserve gave the biggest indication yet that a slowdown in the pace of interest rate hikes is around the corner.Minutes from the meeting that preceded Fed Chairman Jerome Powell’s hawkish press conference for November’s 0.75 percentage point hike, were always going to be crucial for markets. His focus on rates peaking higher than expected had been key.U.S. stocks, which pulled back sharply after Powell’s Nov.2 comments, rallied into the Thanksgiving holiday in late trading Wednesday as markets opted to focus on a slower pace of hikes, hinted at in the minutes. The S&P 500 closed 0.6% higher, while the Nasdaq Composite climbed 1%.“A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate,” seems to be the line investors viewed as the most significant from Wednesday’s release.A 0.5 percentage point hike at the Fed’s December meeting would certainly be a significant moment but in honing in on a slower pace of hikes, markets may be missing the point.“Markets are hooked on the idea of a pause of a pivot and when that might be. This is the wrong way to look at it,” Market.com analyst Neil Wilson said in a note early Thursday. “We know the Fed is slowing, the issue at stake is how far it gets before it stops,” he added.The minutes revealed uncertainty over the ultimate level of the federal-funds rate—currently at 3.75% to 4%—noting that it was data dependent. In fact, several officials now see the peak being higher than they previously expected.Powell left November’s two-day discussion and felt compelled to press home that particular prospect. Investors, now privy to the same discussions, have taken an entirely different headline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968404303,"gmtCreate":1669274410003,"gmtModify":1676538177632,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"6 months too short. Offer&nbsp;5 years 4% per annum mah hahaha","listText":"6 months too short. Offer&nbsp;5 years 4% per annum mah hahaha","text":"6 months too short. Offer 5 years 4% per annum mah hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9968404303","repostId":"1184488423","repostType":2,"repost":{"id":"1184488423","pubTimestamp":1669273228,"share":"https://ttm.financial/m/news/1184488423?lang=&edition=fundamental","pubTime":"2022-11-24 15:00","market":"sg","language":"en","title":"Singapore’s Treasury Bills Are a Hot Asset With Record Yields","url":"https://stock-news.laohu8.com/highlight/detail?id=1184488423","media":"Bloomberg","summary":"Yield on six-month T-bill is near a record high of 4.14%“Demand is likely strong again,” says OCBC’s","content":"<html><head></head><body><ul><li>Yield on six-month T-bill is near a record high of 4.14%</li><li>“Demand is likely strong again,” says OCBC’s Frances Cheung</li></ul><p>Singapore’s Treasury bills are seeing historically high demand, with an auction Thursday expected to see fierce bidding from money-market funds to retirees.</p><p>The city state will sell S$4.8 billion ($3.5 billion) of six-month T-bills after an offering two weeks ago drew a record S$14.2 billion worth of bids. The securities yielded 4.01% on Wednesday, near an all-time high of 4.14% reached on Nov. 10.</p><p>The demand reflects how soaring inflation is driving investors to look for ways to protect their capital, while other assets continue to come under pressure from higher rates. With growing expectations that central banks may be slowing hikes, funds are also looking to lock in higher yields.</p><p><img src=\"https://static.tigerbbs.com/9dc5d7f3e0e7c6086e3fad40afb649d1\" tg-width=\"953\" tg-height=\"551\" width=\"100%\" height=\"auto\"/></p><p>“Demand is likely strong again as investors try to lock in return, which may pressure down the yield compared to where the market is trading,” said Frances Cheung, a rates strategist at Oversea-Chinese Banking Corp. in Singapore.</p><p>T-bills are available both to retail and institutional investors, unlike short-term debt issued by the Monetary Authority of Singapore. Yields awarded on six-month bills jumped to 4.19% in October, from just over 2% in June.</p><p>Core inflation in the island state rose to 5.1% from a year ago last month, with the MAS having tightened five times through its exchange rate since last October.</p><p><img src=\"https://static.tigerbbs.com/68a346845f8f80fb72cc7e091d26f1af\" tg-width=\"960\" tg-height=\"572\" width=\"100%\" height=\"auto\"/></p><p>Demand for government debt from retail investors will be further tested when application for the nation’s so-called saving bonds closes on Friday. The Monetary Authority of Singapore issellingS$1 billion of 10-year notes, an instrument to bolster retirement savings, with a yield of at least 3.2%.</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>Singapore’s Treasury Bills Are a Hot Asset With Record Yields</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’s Treasury Bills Are a Hot Asset With Record Yields\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-24 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-24/singapore-s-treasury-bills-are-a-hot-asset-with-record-yields?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yield on six-month T-bill is near a record high of 4.14%“Demand is likely strong again,” says OCBC’s Frances CheungSingapore’s Treasury bills are seeing historically high demand, with an auction ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-24/singapore-s-treasury-bills-are-a-hot-asset-with-record-yields?srnd=premium-asia\">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.bloomberg.com/news/articles/2022-11-24/singapore-s-treasury-bills-are-a-hot-asset-with-record-yields?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184488423","content_text":"Yield on six-month T-bill is near a record high of 4.14%“Demand is likely strong again,” says OCBC’s Frances CheungSingapore’s Treasury bills are seeing historically high demand, with an auction Thursday expected to see fierce bidding from money-market funds to retirees.The city state will sell S$4.8 billion ($3.5 billion) of six-month T-bills after an offering two weeks ago drew a record S$14.2 billion worth of bids. The securities yielded 4.01% on Wednesday, near an all-time high of 4.14% reached on Nov. 10.The demand reflects how soaring inflation is driving investors to look for ways to protect their capital, while other assets continue to come under pressure from higher rates. With growing expectations that central banks may be slowing hikes, funds are also looking to lock in higher yields.“Demand is likely strong again as investors try to lock in return, which may pressure down the yield compared to where the market is trading,” said Frances Cheung, a rates strategist at Oversea-Chinese Banking Corp. in Singapore.T-bills are available both to retail and institutional investors, unlike short-term debt issued by the Monetary Authority of Singapore. Yields awarded on six-month bills jumped to 4.19% in October, from just over 2% in June.Core inflation in the island state rose to 5.1% from a year ago last month, with the MAS having tightened five times through its exchange rate since last October.Demand for government debt from retail investors will be further tested when application for the nation’s so-called saving bonds closes on Friday. The Monetary Authority of Singapore issellingS$1 billion of 10-year notes, an instrument to bolster retirement savings, with a yield of at least 3.2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565015621333908","authorId":"3565015621333908","name":"ShayneChew","avatar":"https://static.tigerbbs.com/3a07db91945ec3f2e528cbf73adcfce7","crmLevel":7,"crmLevelSwitch":0,"idStr":"3565015621333908","authorIdStr":"3565015621333908"},"content":"Then you dont invest lor","text":"Then you dont invest lor","html":"Then you dont invest lor"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984101125,"gmtCreate":1667551073467,"gmtModify":1676537936435,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Ok, believe you I set GTC at $150","listText":"Ok, believe you I set GTC at $150","text":"Ok, believe you I set GTC at $150","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9984101125","repostId":"1105116140","repostType":2,"repost":{"id":"1105116140","pubTimestamp":1667550709,"share":"https://ttm.financial/m/news/1105116140?lang=&edition=fundamental","pubTime":"2022-11-04 16:31","market":"us","language":"en","title":"Here Is The Price I'll Start Buying Microsoft","url":"https://stock-news.laohu8.com/highlight/detail?id=1105116140","media":"seekingalpha","summary":"SummaryMicrosoft stock has lost a third of its peak value and is now low enough to examine for poten","content":"<html><head></head><body><p>Summary</p><ul><li>Microsoft stock has lost a third of its peak value and is now low enough to examine for potential purchase.</li><li>In this article, I share my valuation process for Microsoft stock.</li><li>I also share my thoughts about how a recession could affect the stock price and the price range I would consider adding the stock to my portfolio.</li></ul><h3>My Valuation Method For Microsoft</h3><p>The valuation method I use for Microsoft first checks to see how cyclical earnings have been historically. Once it is determined that earnings aren&#39;t too cyclical, then I use a combination of earnings, earnings growth, and P/E mean reversion to estimate future returns based on previous earnings growth and sentiment patterns. I take those expectations and apply them 10 years into the future, and then convert the results into an expected CAGR percentage. If the expected return is really good, I will buy the stock, and if it&#39;s really low, I will often sell the stock. In this article, I will take readers through each step of this process.</p><p>Importantly, once it is established that a business has a long history of relatively stable and predictable earnings growth, it doesn&#39;t really matter to me what the business does. If it consistently makes more money over the course of each economic cycle, that&#39;s what I care about the most.</p><p><img src=\"https://static.tigerbbs.com/bd2616262154bcd955f95bc22536731d\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs</p><p>Over the past 20 years Microsoft has only experienced two years of EPS declines, once during the recession of 2009, when earnings fell -12% and once in 2013 when earnings fell a modest -7%. Every other year Microsoft has grown its earnings per share from one year to the next. I would categorize this as very low earnings cyclicality. Based on that, it is appropriate to use a fundamental analysis using earnings to value the stock, and that&#39;s what I&#39;ll do in this article. (If earnings had been more cyclical, I would use a different valuation technique.)</p><h3>Microsoft Stock -- Market Sentiment Return Expectations</h3><p>In order to estimate what sort of returns we might expect over the next 10 years, let&#39;s begin by examining what return we could expect 10 years from now if the P/E multiple were to revert to its mean from the previous economic cycle. For this, I&#39;m using a period that runs from 2015-2023.</p><p><img src=\"https://static.tigerbbs.com/d94dcdf085e19d4d955dded938282951\" tg-width=\"640\" tg-height=\"531\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs</p><p>Microsoft&#39;s average P/E from 2015 to the present has been about 24.49 (the blue number circled in gold near the bottom of the FAST Graph). Using 2023&#39;s forward earnings estimates of $9.51 Microsoft has a current P/E of 23.82. If that 23.82 P/E were to revert to the average P/E of 24.49 over the course of the next 10 years and everything else was held the same, MSFT&#39;s price would rise and it would produce a 10-Year CAGR of<i>+0.31%.</i>That&#39;s the annual return we can expect from sentiment mean reversion if it takes 10 years to revert. If it takes less time to revert, the return would be higher.</p><h3>Business Earnings Expectations</h3><p>We previously examined what would happen if market sentiment reverted to the mean. This is entirely determined by the mood of the market and is quite often disconnected, or only loosely connected, to the performance of the actual business. In this section, we will examine the actual earnings of the business. The goal here is simple: We want to know how much money we would earn (expressed in the form of a CAGR %) over the course of 10 years if we bought the business at today&#39;s prices and kept all of the earnings for ourselves.</p><p>There are two main components of this: the first is the earnings yield and the second is the rate at which the earnings can be expected to grow. Let&#39;s start with the earnings yield (which is an inverted P/E ratio, so the Earnings/Price ratio). The current earnings yield is about +4.20%. The way I like to think about this is, if I bought the company&#39;s whole business right now for $100, I would earn $4.20 per year on my investment if earnings remained the same for the next 10 years.</p><p>The next step is to estimate the company&#39;s earnings growth during this time period. I do that by figuring out at what rate earnings grew during the last cycle and applying that rate to the next 10 years. This involves calculating the historical EPS growth rate, taking into account each year&#39;s EPS growth or decline, and then backing out any share buybacks that occurred over that time period (because reducing shares will increase the EPS due to fewer shares).</p><p><img src=\"https://static.tigerbbs.com/dc823ca5b80a2b444fcb0e0937e9d710\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Microsoft has reduced its shares outstanding by about 9% over this time period. I will make adjustments for these buybacks when calculating their earnings growth. After doing so, I get an estimated earnings growth rate for Microsoft during this period of +14.07%, which is very good. Because of my buyback adjustments that number is a little more conservative than FAST Graph&#39;s +15.72%, but it&#39;s worth noting that we never really had a &#34;true&#34; recession from 2015 to 2022 either, so I actually view my current estimate as a little on the optimistic side since Microsoft&#39;s earnings will probably experience at least some decline if we experience a recession, even if the decline is not super deep.</p><p>Next, I&#39;ll apply that growth rate to current earnings, looking forward 10 years in order to get a final 10-year CAGR estimate. The way I think about this is, if I bought Microsoft&#39;s whole business for $100, it would pay me back $4.20 plus +14.07% growth the first year, and that amount would grow at +14.07% per year for 10 years after that. I want to know how much money I would have in total at the end of 10 years on my $100 investment, which I calculate to be about $193.40 including the original $100. When I plug that growth into a CAGR calculator, that translates to a<i>+6.82%</i>10-year CAGR estimate for the expected business earnings returns.</p><h3>10-Year, Full-Cycle CAGR Estimate</h3><p>Potential future returns can come from two main places: market sentiment returns or business earnings returns. If we assume that market sentiment reverts to the mean from the last cycle over the next 10 years for Microsoft, it will produce a +0.31% CAGR. If the earnings yield and growth are similar to the last cycle, the company should produce somewhere around a +6.82% 10-year CAGR. If we put the two together, we get an expected 10-year, full-cycle CAGR of<i>+7.13%</i>at today&#39;s price.</p><p>My Buy/Sell/Hold range for this category of stocks is: above a 12% CAGR is a Buy, below a 4% expected CAGR is a Sell, and in between 4% and 12% is a Hold. A +7.13% expected CAGR makes Microsoft stock a &#34;Hold&#34; using these assumptions and means it&#39;s roughly fairly valued here.</p><p>Assuming the estimates for 2023 earnings don&#39;t change (and they might) the price at which Microsoft stock would cross the 12% 10-year CAGR threshold and become a &#34;Buy&#34; is $165.80 per share, which is about -26% lower than where the stock trades today.</p><h3>Recession Considerations</h3><p>So far, I don&#39;t think Microsoft&#39;s earnings expectations contain realistic recession estimates, but they do look to be at least reasonably close if we avoid a recession and earnings stagnate a bit while digesting the end of economic stimulus.</p><p><img src=\"https://static.tigerbbs.com/eade0d6871674075784b02a78ba5afcf\" tg-width=\"640\" tg-height=\"327\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs</p><p>Currently, the market expects $9.51 of EPS for 2023. If the EPS growth trend of +13.87% leading into the pandemic stimulus would have continued without stimulus, we would have expected Microsoft to earn about $8.50 per share in 2023, which is a little bit lower than analysts expect right now, but at least in the same ballpark. What I expect to happen over the next three quarters is for analysts to lower their expectations from where they are now, down to something closer to $8.50. If that were to happen, it would lower my &#34;buy price&#34; down to about $148 per share, and this is probably my base case of what to expect in the first half of 2023. But since there is a pretty big distance between the current trading price and my current buy price, I probably have time to wait and see what the next earnings report looks like and get more information before making these adjustments to my buy price.</p><p>What I&#39;m not taking into account with that buy price are any earnings and stock price declines caused by an actual recession (rather than the stimulus earnings trend reverting to normal). A recession scenario<i>could</i>be a much more bearish scenario, so I feel obligated to share it.</p><p><img src=\"https://static.tigerbbs.com/a7883cb9bceb7a10ee04ca05dae0ae8e\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs</p><p>If we go back to the Great Recession in 2008/9, leading into that recession Microsoft had a peak P/E ratio of about 23, and from peak to trough, the stock price fell about -60% off its highs even though EPS only declined -12% at its worst. At one point Microsoft traded at a P/E under 10. The potentially concerning part about the current downturn is that Microsoft&#39;s peak P/E was about 40, nearly double the 2007 peak P/E. This leaves room for a lot more multiple compression and downside price movement.</p><p><img src=\"https://static.tigerbbs.com/1e65a177086d233dba667f7c9b6da760\" tg-width=\"640\" tg-height=\"309\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graph</p><p>In the forecasting graph above, I assumed a much more optimistic (and perhaps more reasonable) 15 P/E ratio for Microsoft in a recession and used the very generous EPS estimate of $9.51. This still resulted in a -50% drawdown from where the stock trades today. And, if earnings growth declines as I expect it to do, that would lower the expected price even more.</p><p>As I&#39;m sure many will point out, Microsoft is a different business than it was in 2007. And that&#39;s true. Additionally, even though I expect a recession in 2023, I don&#39;t yet expect it to be as bad as in 2008. But the assumptions above don&#39;t even assume an earnings decline and aren&#39;t nearly as pessimistic with the trough P/E as 2008 either. So, I just think it&#39;s important for Microsoft investors to know what is possible over the next year or two, and that because Microsoft was valued so richly going into this decline, the stock price could have a long way to fall and investors should be prepared for it. It&#39;s also worth noting that the current interest rate environment is much closer to that of 2008 than it is of 2020 as well.</p><h3>Conclusion</h3><p>Given what we know today about earnings expectations for 2023, my current buy price for Microsoft is $165.80, but I expect over the next several months for that buy price to fall down closer to $148.00 as earnings disappoint and the wider economy weakens in 2023. The $148.00 price has a relatively high chance of hitting, and I&#39;ll likely buy around there, but I will have no illusion that will necessarily be the bottom for the stock. If the recession is worse than expected the price could easily go lower, but with a business as high quality as Microsoft, I would hold through any additional downturn at that point because I have no doubt they will eventually recover.</p><p>An additional portfolio consideration is that I usually take 1% initial portfolio-weighted positions, and the last time I checked Microsoft was about a 5% weighting in the S&amp;P 500. If I bought at $148, and the price took a 2008-style dive deeper, I would feel comfortable adding a second 1% weighted Microsoft position even though it&#39;s not something I do very often. So, I view the $148 to $166 range of the next 3-4 months as having a very high probability of hitting and giving me a chance to add Microsoft to my portfolio at a decent price. But investors need to be aware the stock could go lower than that, and potentially be prepared to buy a second tranche if it does.</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>Here Is The Price I'll Start Buying Microsoft</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\">\nHere Is The Price I'll Start Buying Microsoft\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-04 16:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4552603-here-is-the-price-ill-start-buying-microsoft><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMicrosoft stock has lost a third of its peak value and is now low enough to examine for potential purchase.In this article, I share my valuation process for Microsoft stock.I also share my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4552603-here-is-the-price-ill-start-buying-microsoft\">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"},"source_url":"https://seekingalpha.com/article/4552603-here-is-the-price-ill-start-buying-microsoft","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1105116140","content_text":"SummaryMicrosoft stock has lost a third of its peak value and is now low enough to examine for potential purchase.In this article, I share my valuation process for Microsoft stock.I also share my thoughts about how a recession could affect the stock price and the price range I would consider adding the stock to my portfolio.My Valuation Method For MicrosoftThe valuation method I use for Microsoft first checks to see how cyclical earnings have been historically. Once it is determined that earnings aren't too cyclical, then I use a combination of earnings, earnings growth, and P/E mean reversion to estimate future returns based on previous earnings growth and sentiment patterns. I take those expectations and apply them 10 years into the future, and then convert the results into an expected CAGR percentage. If the expected return is really good, I will buy the stock, and if it's really low, I will often sell the stock. In this article, I will take readers through each step of this process.Importantly, once it is established that a business has a long history of relatively stable and predictable earnings growth, it doesn't really matter to me what the business does. If it consistently makes more money over the course of each economic cycle, that's what I care about the most.FAST GraphsOver the past 20 years Microsoft has only experienced two years of EPS declines, once during the recession of 2009, when earnings fell -12% and once in 2013 when earnings fell a modest -7%. Every other year Microsoft has grown its earnings per share from one year to the next. I would categorize this as very low earnings cyclicality. Based on that, it is appropriate to use a fundamental analysis using earnings to value the stock, and that's what I'll do in this article. (If earnings had been more cyclical, I would use a different valuation technique.)Microsoft Stock -- Market Sentiment Return ExpectationsIn order to estimate what sort of returns we might expect over the next 10 years, let's begin by examining what return we could expect 10 years from now if the P/E multiple were to revert to its mean from the previous economic cycle. For this, I'm using a period that runs from 2015-2023.FAST GraphsMicrosoft's average P/E from 2015 to the present has been about 24.49 (the blue number circled in gold near the bottom of the FAST Graph). Using 2023's forward earnings estimates of $9.51 Microsoft has a current P/E of 23.82. If that 23.82 P/E were to revert to the average P/E of 24.49 over the course of the next 10 years and everything else was held the same, MSFT's price would rise and it would produce a 10-Year CAGR of+0.31%.That's the annual return we can expect from sentiment mean reversion if it takes 10 years to revert. If it takes less time to revert, the return would be higher.Business Earnings ExpectationsWe previously examined what would happen if market sentiment reverted to the mean. This is entirely determined by the mood of the market and is quite often disconnected, or only loosely connected, to the performance of the actual business. In this section, we will examine the actual earnings of the business. The goal here is simple: We want to know how much money we would earn (expressed in the form of a CAGR %) over the course of 10 years if we bought the business at today's prices and kept all of the earnings for ourselves.There are two main components of this: the first is the earnings yield and the second is the rate at which the earnings can be expected to grow. Let's start with the earnings yield (which is an inverted P/E ratio, so the Earnings/Price ratio). The current earnings yield is about +4.20%. The way I like to think about this is, if I bought the company's whole business right now for $100, I would earn $4.20 per year on my investment if earnings remained the same for the next 10 years.The next step is to estimate the company's earnings growth during this time period. I do that by figuring out at what rate earnings grew during the last cycle and applying that rate to the next 10 years. This involves calculating the historical EPS growth rate, taking into account each year's EPS growth or decline, and then backing out any share buybacks that occurred over that time period (because reducing shares will increase the EPS due to fewer shares).Data by YChartsMicrosoft has reduced its shares outstanding by about 9% over this time period. I will make adjustments for these buybacks when calculating their earnings growth. After doing so, I get an estimated earnings growth rate for Microsoft during this period of +14.07%, which is very good. Because of my buyback adjustments that number is a little more conservative than FAST Graph's +15.72%, but it's worth noting that we never really had a \"true\" recession from 2015 to 2022 either, so I actually view my current estimate as a little on the optimistic side since Microsoft's earnings will probably experience at least some decline if we experience a recession, even if the decline is not super deep.Next, I'll apply that growth rate to current earnings, looking forward 10 years in order to get a final 10-year CAGR estimate. The way I think about this is, if I bought Microsoft's whole business for $100, it would pay me back $4.20 plus +14.07% growth the first year, and that amount would grow at +14.07% per year for 10 years after that. I want to know how much money I would have in total at the end of 10 years on my $100 investment, which I calculate to be about $193.40 including the original $100. When I plug that growth into a CAGR calculator, that translates to a+6.82%10-year CAGR estimate for the expected business earnings returns.10-Year, Full-Cycle CAGR EstimatePotential future returns can come from two main places: market sentiment returns or business earnings returns. If we assume that market sentiment reverts to the mean from the last cycle over the next 10 years for Microsoft, it will produce a +0.31% CAGR. If the earnings yield and growth are similar to the last cycle, the company should produce somewhere around a +6.82% 10-year CAGR. If we put the two together, we get an expected 10-year, full-cycle CAGR of+7.13%at today's price.My Buy/Sell/Hold range for this category of stocks is: above a 12% CAGR is a Buy, below a 4% expected CAGR is a Sell, and in between 4% and 12% is a Hold. A +7.13% expected CAGR makes Microsoft stock a \"Hold\" using these assumptions and means it's roughly fairly valued here.Assuming the estimates for 2023 earnings don't change (and they might) the price at which Microsoft stock would cross the 12% 10-year CAGR threshold and become a \"Buy\" is $165.80 per share, which is about -26% lower than where the stock trades today.Recession ConsiderationsSo far, I don't think Microsoft's earnings expectations contain realistic recession estimates, but they do look to be at least reasonably close if we avoid a recession and earnings stagnate a bit while digesting the end of economic stimulus.FAST GraphsCurrently, the market expects $9.51 of EPS for 2023. If the EPS growth trend of +13.87% leading into the pandemic stimulus would have continued without stimulus, we would have expected Microsoft to earn about $8.50 per share in 2023, which is a little bit lower than analysts expect right now, but at least in the same ballpark. What I expect to happen over the next three quarters is for analysts to lower their expectations from where they are now, down to something closer to $8.50. If that were to happen, it would lower my \"buy price\" down to about $148 per share, and this is probably my base case of what to expect in the first half of 2023. But since there is a pretty big distance between the current trading price and my current buy price, I probably have time to wait and see what the next earnings report looks like and get more information before making these adjustments to my buy price.What I'm not taking into account with that buy price are any earnings and stock price declines caused by an actual recession (rather than the stimulus earnings trend reverting to normal). A recession scenariocouldbe a much more bearish scenario, so I feel obligated to share it.FAST GraphsIf we go back to the Great Recession in 2008/9, leading into that recession Microsoft had a peak P/E ratio of about 23, and from peak to trough, the stock price fell about -60% off its highs even though EPS only declined -12% at its worst. At one point Microsoft traded at a P/E under 10. The potentially concerning part about the current downturn is that Microsoft's peak P/E was about 40, nearly double the 2007 peak P/E. This leaves room for a lot more multiple compression and downside price movement.FAST GraphIn the forecasting graph above, I assumed a much more optimistic (and perhaps more reasonable) 15 P/E ratio for Microsoft in a recession and used the very generous EPS estimate of $9.51. This still resulted in a -50% drawdown from where the stock trades today. And, if earnings growth declines as I expect it to do, that would lower the expected price even more.As I'm sure many will point out, Microsoft is a different business than it was in 2007. And that's true. Additionally, even though I expect a recession in 2023, I don't yet expect it to be as bad as in 2008. But the assumptions above don't even assume an earnings decline and aren't nearly as pessimistic with the trough P/E as 2008 either. So, I just think it's important for Microsoft investors to know what is possible over the next year or two, and that because Microsoft was valued so richly going into this decline, the stock price could have a long way to fall and investors should be prepared for it. It's also worth noting that the current interest rate environment is much closer to that of 2008 than it is of 2020 as well.ConclusionGiven what we know today about earnings expectations for 2023, my current buy price for Microsoft is $165.80, but I expect over the next several months for that buy price to fall down closer to $148.00 as earnings disappoint and the wider economy weakens in 2023. The $148.00 price has a relatively high chance of hitting, and I'll likely buy around there, but I will have no illusion that will necessarily be the bottom for the stock. If the recession is worse than expected the price could easily go lower, but with a business as high quality as Microsoft, I would hold through any additional downturn at that point because I have no doubt they will eventually recover.An additional portfolio consideration is that I usually take 1% initial portfolio-weighted positions, and the last time I checked Microsoft was about a 5% weighting in the S&P 500. If I bought at $148, and the price took a 2008-style dive deeper, I would feel comfortable adding a second 1% weighted Microsoft position even though it's not something I do very often. So, I view the $148 to $166 range of the next 3-4 months as having a very high probability of hitting and giving me a chance to add Microsoft to my portfolio at a decent price. But investors need to be aware the stock could go lower than that, and potentially be prepared to buy a second tranche if it does.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986659980,"gmtCreate":1666948396941,"gmtModify":1676537837336,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Buy high, sell low&nbsp;","listText":"Buy high, sell low&nbsp;","text":"Buy high, sell low","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986659980","repostId":"1104333657","repostType":2,"repost":{"id":"1104333657","pubTimestamp":1666948108,"share":"https://ttm.financial/m/news/1104333657?lang=&edition=fundamental","pubTime":"2022-10-28 17:08","market":"us","language":"en","title":"Another Cathie Wood Fund Exits Sea After $175 Billion Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=1104333657","media":"Bloomberg","summary":"Ark’s Internet ETF sold its last few shares on ThursdayWood’s ETFs have been selling shares in Sea s","content":"<html><head></head><body><ul><li>Ark’s Internet ETF sold its last few shares on Thursday</li><li>Wood’s ETFs have been selling shares in Sea since mid-May</li></ul><p>Funds managed by Cathie Wood are exiting the beleaguered Southeast Asian e-commerce giant Sea Ltd. one by one.</p><p>Ark Next Generation Internet ETF on Thursday sold its last few shares in Sea, almost a quarter after flagship Ark Innovation ETF exited from the company in June, according to Ark trading data compiled by Bloomberg.</p><p>Exchange traded funds backed by Wood’s firm Ark Investment Management LLC’s have been selling shares in Sea since mid-May. Ark Fintech Innovation ETF is now the only one holding shares in the Singapore-based company, according to Bloomberg data.</p><p>Ark’s selling has come in the backdrop of Sea losing about $175 billion of market value from its record high a year ago amid intensifying competition from Alibaba Group Holding Ltd. and concerns over its money-making prospects in an era of rising interest rates.</p><p>Stock has plunged nearly 80% this year and is now trading near its pre-pandemic levels, a far cry from once being the world’shottestlarge-cap in 2020.</p><p><img src=\"https://static.tigerbbs.com/b8cdb04b34df27dc80da85662e2e6ed5\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>The Tencent Holdings Ltd.-backed company’s top management has started forgoing salaries, tightening expense policies and firing staff as it tries to curb ballooning losses and woo investors again.</p><p>“Ark bailing out on Sea does not bode well for the ASEAN Tech giant,” said Nirgunan Tiruchelvam, head of consumer and Internet at Aletheia Capital. “Sea needs to convince investors that it can generate cash sooner rather than later.”</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>Another Cathie Wood Fund Exits Sea After $175 Billion Selloff</title>\n<style 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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\">\nAnother Cathie Wood Fund Exits Sea After $175 Billion Selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-28 17:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-28/another-cathie-wood-fund-kicks-tech-giant-sea-intensifying-rout?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark’s Internet ETF sold its last few shares on ThursdayWood’s ETFs have been selling shares in Sea since mid-MayFunds managed by Cathie Wood are exiting the beleaguered Southeast Asian e-commerce ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-28/another-cathie-wood-fund-kicks-tech-giant-sea-intensifying-rout?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-28/another-cathie-wood-fund-kicks-tech-giant-sea-intensifying-rout?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104333657","content_text":"Ark’s Internet ETF sold its last few shares on ThursdayWood’s ETFs have been selling shares in Sea since mid-MayFunds managed by Cathie Wood are exiting the beleaguered Southeast Asian e-commerce giant Sea Ltd. one by one.Ark Next Generation Internet ETF on Thursday sold its last few shares in Sea, almost a quarter after flagship Ark Innovation ETF exited from the company in June, according to Ark trading data compiled by Bloomberg.Exchange traded funds backed by Wood’s firm Ark Investment Management LLC’s have been selling shares in Sea since mid-May. Ark Fintech Innovation ETF is now the only one holding shares in the Singapore-based company, according to Bloomberg data.Ark’s selling has come in the backdrop of Sea losing about $175 billion of market value from its record high a year ago amid intensifying competition from Alibaba Group Holding Ltd. and concerns over its money-making prospects in an era of rising interest rates.Stock has plunged nearly 80% this year and is now trading near its pre-pandemic levels, a far cry from once being the world’shottestlarge-cap in 2020.The Tencent Holdings Ltd.-backed company’s top management has started forgoing salaries, tightening expense policies and firing staff as it tries to curb ballooning losses and woo investors again.“Ark bailing out on Sea does not bode well for the ASEAN Tech giant,” said Nirgunan Tiruchelvam, head of consumer and Internet at Aletheia Capital. “Sea needs to convince investors that it can generate cash sooner rather than later.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916365111,"gmtCreate":1664513167234,"gmtModify":1676537469598,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be 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well say $800","text":"Might as well say $800","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076551118","repostId":"1124443778","repostType":2,"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070079162,"gmtCreate":1656987983256,"gmtModify":1676535928083,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Join now","listText":"Join now","text":"Join now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070079162","repostId":"9022524674","repostType":1,"repost":{"id":9022524674,"gmtCreate":1653552819200,"gmtModify":1676535303082,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Time Travel with Tiger, Join the Memorabilia Adventure Now!!!","htmlText":"\n \n \n  Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081220252,"gmtCreate":1650246254362,"gmtModify":1676534677760,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Play","listText":"Play","text":"Play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081220252","repostId":"9016476123","repostType":1,"repost":{"id":9016476123,"gmtCreate":1649229403658,"gmtModify":1676534474180,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"🏆【GAME】Hunting Eggs for Extra Saving!","htmlText":"Tiger has prepared some Easter gifts for you, please&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/easter/\" target=\"_blank\">click&nbsp;here</a>&nbsp;to check them out!Easter can still be a bonus-boosting. Come and find the eggs in our Easter game to open the surprise! Each game contains 3 rounds, the more eggs you catch, the higher the points you can get. Game points can be redeemed for various rewards, including different value stock vouchers worth up to USD 1,000 are waiting for you! Moreover, catching special eggs can get extra points and chances to crack open for some wonderful Easter treats.There are too many hidden surprises to find, oops, the game attempts run out too fast. Don't worry, complete different tasks to earn more game attempts. Also, invite your frien","listText":"Tiger has prepared some Easter gifts for you, please&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/easter/\" target=\"_blank\">click&nbsp;here</a>&nbsp;to check them out!Easter can still be a bonus-boosting. Come and find the eggs in our Easter game to open the surprise! Each game contains 3 rounds, the more eggs you catch, the higher the points you can get. Game points can be redeemed for various rewards, including different value stock vouchers worth up to USD 1,000 are waiting for you! Moreover, catching special eggs can get extra points and chances to crack open for some wonderful Easter treats.There are too many hidden surprises to find, oops, the game attempts run out too fast. Don't worry, complete different tasks to earn more game attempts. Also, invite your frien","text":"Tiger has prepared some Easter gifts for you, please click here to check them out!Easter can still be a bonus-boosting. Come and find the eggs in our Easter game to open the surprise! Each game contains 3 rounds, the more eggs you catch, the higher the points you can get. Game points can be redeemed for various rewards, including different value stock vouchers worth up to USD 1,000 are waiting for you! Moreover, catching special eggs can get extra points and chances to crack open for some wonderful Easter treats.There are too many hidden surprises to find, oops, the game attempts run out too fast. Don't worry, complete different tasks to earn more game attempts. Also, invite your frien","images":[{"img":"https://community-static.tradeup.com/news/15b435c0d10e0e89ad3e06b7bbd04830","width":"2251","height":"1334"},{"img":"https://community-static.tradeup.com/news/ff9640a9df2f24446e07b7a9b658cb4b","width":"1200","height":"630"},{"img":"https://community-static.tradeup.com/news/795038848b7c7b1d7dda27d92b580946","width":"1656","height":"948"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016476123","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9015196417,"gmtCreate":1649435299785,"gmtModify":1676534512234,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Market manipulators at work again. \"Hard evidence\". Sure.","listText":"Market manipulators at work again. \"Hard evidence\". Sure.","text":"Market manipulators at work again. \"Hard evidence\". Sure.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015196417","repostId":"2226520585","repostType":2,"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3550998686387787","authorId":"3550998686387787","name":"Soyabean89","avatar":"https://community-static.tradeup.com/news/eb77581e98e9ecdbe378a1373a31b0e9","crmLevel":7,"crmLevelSwitch":0,"idStr":"3550998686387787","authorIdStr":"3550998686387787"},"content":"Stein noted that * it's not yet clear what the reasoning * is for the cuts, but it's important nonetheless Joker... What a joke if this is not fud and manipulation idk what is","text":"Stein noted that * it's not yet clear what the reasoning * is for the cuts, but it's important nonetheless Joker... What a joke if this is not fud and manipulation idk what is","html":"Stein noted that * it's not yet clear what the reasoning * is for the cuts, but it's important nonetheless Joker... What a joke if this is not fud and manipulation idk what is"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092712495,"gmtCreate":1644728275356,"gmtModify":1676533957371,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Join join!","listText":"Join join!","text":"Join join!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092712495","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096644877,"gmtCreate":1644382199942,"gmtModify":1676533919763,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"$STNE is just like $SE. Increasing user base and revenue year on year, but increasing losses year on year too.","listText":"$STNE is just like $SE. Increasing user base and revenue year on year, but increasing losses year on year too.","text":"$STNE is just like $SE. Increasing user base and revenue year on year, but increasing losses year on year too.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096644877","repostId":"2209583511","repostType":2,"repost":{"id":"2209583511","pubTimestamp":1644376649,"share":"https://ttm.financial/m/news/2209583511?lang=&edition=fundamental","pubTime":"2022-02-09 11:17","market":"us","language":"en","title":"Down 27% to 85%: 2 Buffett Stocks to Buy for 2022 and Beyond","url":"https://stock-news.laohu8.com/highlight/detail?id=2209583511","media":"Motley Fool","summary":"These two stocks could be among the most explosive in the Berkshire Hathaway portfolio.","content":"<html><head></head><body><p>Warren Buffett is best known as a value-investing guru, but the fact that <b>Apple</b> is by far the largest stock holding in the <b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) portfolio shows the famous investor doesn&#39;t maintain an overly strict dichotomy between &#34;value stocks&#34; and &#34;growth stocks.&#34;</p><p>Intelligent, long-term investing decisions have helped the investing conglomerate deliver returns of more than 5,200% over the last 30 years and go up more than 2,600,000% since Buffett took over the company in 1965. With that incredible performance in mind, read on for a look at two tech stocks in the Berkshire Hathaway portfolio that have what it takes to be huge winners.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/84932734b1592c7e2f9dae1a4f150489\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: The Motley Fool.</span></p><h2>1. <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></h2><p>Sporting a market capitalization of roughly $78.5 billion and trading at approximately 39 times this year&#39;s expected sales, <b>Snowflake</b> (NYSE:SNOW) has one of the more unusual valuation profiles in the Berkshire Hathaway portfolio. This is a growth stock through and through, and it&#39;s operating at the intersection of some powerful long-term trends that help put its valuation and support from the Berkshire team in context.</p><p>Snowflake provides data warehousing and analytics services, and it allows users to easily combine otherwise siloed information from <b>Amazon</b>&#39;s, <b>Microsoft</b>&#39;s, and <b>Alphabet</b>&#39;s respective cloud platforms. It also allows customers to share and monetize their data, and the business is on track to benefit from a powerful network effect as more clients take advantage of these services.</p><p>A recent market study found that 100% of surveyed Snowflake customers recommend the company&#39;s services, and the data specialist&#39;s highly regarded offerings are paving the way for rapid business growth. Existing customers increased their spending a whopping 73% year over year in the third quarter, and the company also grew its total customer count to 5,416 -- up roughly 52% year over year. The combination of increased client spending and new customer additions allowed the company to post 110% year-over-year sales growth in Q3, and there&#39;s still huge room for expansion over the long term.</p><p>With Snowflake&#39;s share price now down roughly 27% from its high, investors have an opportunity to build discounted positions in a company that&#39;s on track to play an influential role in the ongoing data analytics revolution.</p><h2>2. <a href=\"https://laohu8.com/S/STNE\">StoneCo</a></h2><p>The last year has been tough for fintech stocks. It&#39;s also generally been challenging for companies that primarily operate in the Latin American market. As such, it&#39;s not shocking that <b>StoneCo</b> (NASDAQ:STNE) stock has struggled across the stretch, but the extent of the sell-offs has been staggering.</p><p>StoneCo is a leading provider of payment processing and other fintech services in Brazil. Berkshire Hathaway made a significant investment in the company when StoneCo had its initial public offering in 2018. The investment conglomerate started out owning a roughly 11% stake in the company, but it trimmed its position after shares went on to post explosive gains. Berkshire&#39;s decision to reduce holdings in StoneCo stock has proven to be a wise one given recent trading, but there&#39;s big comeback potential here.</p><p>Amid waning investor appetite for risk, high inflation, and economic uncertainty in Latin America, StoneCo stock has gotten pummeled. Shares trade down a staggering 85% from the lifetime high they hit last February.</p><p>StoneCo&#39;s outlook has been dampened due to new credit regulations in Brazil that have disrupted one of the company&#39;s growth vehicles. On the other hand, the fintech actually posted a record net customer addition of 294,000 new merchant clients in the third quarter, and it also added more than 420,000 new digital banking accounts in the period.</p><p>The company ended the quarter with nearly 1.4 million active payment clients, and total revenue climbed roughly 57% year over year in the period. Meanwhile, total payment volume conducted through StoneCo&#39;s platform was up roughly 54% after backing out contributions from pandemic-related stimulus initiatives. The company&#39;s net income also slumped roughly 54% in the period, largely due to the collapse of its credit business, but there&#39;s still a core growth engine here that looks pretty strong.</p><p>The big sell-offs have pushed StoneCo&#39;s market capitalization down to roughly $4 billion, and the company is now valued at roughly 30.5 times this year&#39;s expected earnings and 2.7 times expected sales.I believe this is a situation in which can benefit from being &#34;greedy when others are fearful,&#34; as Buffett has famously said.</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>Down 27% to 85%: 2 Buffett Stocks to Buy for 2022 and Beyond</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\">\nDown 27% to 85%: 2 Buffett Stocks to Buy for 2022 and Beyond\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-09 11:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/08/down-27-to-85-2-buffett-stocks-to-buy-for-2022-and/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett is best known as a value-investing guru, but the fact that Apple is by far the largest stock holding in the Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) portfolio shows the famous ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/08/down-27-to-85-2-buffett-stocks-to-buy-for-2022-and/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","GOOG":"谷歌","SNOW":"Snowflake","BRK.B":"伯克希尔B","BK4553":"喜马拉雅资本持仓","BK4525":"远程办公概念","BK4514":"搜索引擎","BK4532":"文艺复兴科技持仓","BK4507":"流媒体概念","BK4505":"高瓴资本持仓","BK4503":"景林资产持仓","STNE":"StoneCo","BK4077":"互动媒体与服务","BK4116":"互联网服务与基础架构","BK4176":"多领域控股","BK4550":"红杉资本持仓","BK4566":"资本集团","BK4554":"元宇宙及AR概念"},"source_url":"https://www.fool.com/investing/2022/02/08/down-27-to-85-2-buffett-stocks-to-buy-for-2022-and/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2209583511","content_text":"Warren Buffett is best known as a value-investing guru, but the fact that Apple is by far the largest stock holding in the Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) portfolio shows the famous investor doesn't maintain an overly strict dichotomy between \"value stocks\" and \"growth stocks.\"Intelligent, long-term investing decisions have helped the investing conglomerate deliver returns of more than 5,200% over the last 30 years and go up more than 2,600,000% since Buffett took over the company in 1965. With that incredible performance in mind, read on for a look at two tech stocks in the Berkshire Hathaway portfolio that have what it takes to be huge winners.Image source: The Motley Fool.1. SnowflakeSporting a market capitalization of roughly $78.5 billion and trading at approximately 39 times this year's expected sales, Snowflake (NYSE:SNOW) has one of the more unusual valuation profiles in the Berkshire Hathaway portfolio. This is a growth stock through and through, and it's operating at the intersection of some powerful long-term trends that help put its valuation and support from the Berkshire team in context.Snowflake provides data warehousing and analytics services, and it allows users to easily combine otherwise siloed information from Amazon's, Microsoft's, and Alphabet's respective cloud platforms. It also allows customers to share and monetize their data, and the business is on track to benefit from a powerful network effect as more clients take advantage of these services.A recent market study found that 100% of surveyed Snowflake customers recommend the company's services, and the data specialist's highly regarded offerings are paving the way for rapid business growth. Existing customers increased their spending a whopping 73% year over year in the third quarter, and the company also grew its total customer count to 5,416 -- up roughly 52% year over year. The combination of increased client spending and new customer additions allowed the company to post 110% year-over-year sales growth in Q3, and there's still huge room for expansion over the long term.With Snowflake's share price now down roughly 27% from its high, investors have an opportunity to build discounted positions in a company that's on track to play an influential role in the ongoing data analytics revolution.2. StoneCoThe last year has been tough for fintech stocks. It's also generally been challenging for companies that primarily operate in the Latin American market. As such, it's not shocking that StoneCo (NASDAQ:STNE) stock has struggled across the stretch, but the extent of the sell-offs has been staggering.StoneCo is a leading provider of payment processing and other fintech services in Brazil. Berkshire Hathaway made a significant investment in the company when StoneCo had its initial public offering in 2018. The investment conglomerate started out owning a roughly 11% stake in the company, but it trimmed its position after shares went on to post explosive gains. Berkshire's decision to reduce holdings in StoneCo stock has proven to be a wise one given recent trading, but there's big comeback potential here.Amid waning investor appetite for risk, high inflation, and economic uncertainty in Latin America, StoneCo stock has gotten pummeled. Shares trade down a staggering 85% from the lifetime high they hit last February.StoneCo's outlook has been dampened due to new credit regulations in Brazil that have disrupted one of the company's growth vehicles. On the other hand, the fintech actually posted a record net customer addition of 294,000 new merchant clients in the third quarter, and it also added more than 420,000 new digital banking accounts in the period.The company ended the quarter with nearly 1.4 million active payment clients, and total revenue climbed roughly 57% year over year in the period. Meanwhile, total payment volume conducted through StoneCo's platform was up roughly 54% after backing out contributions from pandemic-related stimulus initiatives. The company's net income also slumped roughly 54% in the period, largely due to the collapse of its credit business, but there's still a core growth engine here that looks pretty strong.The big sell-offs have pushed StoneCo's market capitalization down to roughly $4 billion, and the company is now valued at roughly 30.5 times this year's expected earnings and 2.7 times expected sales.I believe this is a situation in which can benefit from being \"greedy when others are fearful,\" as Buffett has famously said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9946356225,"gmtCreate":1680874469068,"gmtModify":1680874472772,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"There are little new users of iPhone every year. Ppl that buy new iPhone every year&nbsp;are&nbsp;existing users. Android users will stay as android users which is why the growth low","listText":"There are little new users of iPhone every year. Ppl that buy new iPhone every year&nbsp;are&nbsp;existing users. Android users will stay as android users which is why the growth low","text":"There are little new users of iPhone every year. Ppl that buy new iPhone every year are existing users. Android users will stay as android users which is why the growth low","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9946356225","repostId":"1126419402","repostType":2,"repost":{"id":"1126419402","pubTimestamp":1680872930,"share":"https://ttm.financial/m/news/1126419402?lang=&edition=fundamental","pubTime":"2023-04-07 21:08","market":"us","language":"en","title":"Apple: Great Company But Likely Poor Investment For The Future","url":"https://stock-news.laohu8.com/highlight/detail?id=1126419402","media":"Seeking Alpha","summary":"SummaryGreat company but has low growth going forward.Strong market share in the US, but likely at i","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>Great company but has low growth going forward.</p></li><li><p>Strong market share in the US, but likely at its peak globally in a more cost-conscious market.</p></li><li><p>The iPhone is the most successful consumer product ever created in the entire universe. A successful encore is nearly impossible.</p></li><li><p>Valued like a double-digit grower, 4-6% growth is much more plausible.</p></li></ul><h2 style=\"text-align: left;\">Investment Thesis</h2><p style=\"text-align: left;\">Apple (NASDAQ: AAPL) is a tech giant, and the highest market capitalization stock traded on the stock market. The iPhone is the most successful consumer product ever created in the entire universe. A successful encore is nearly impossible. As the innovator of the smartphone, Apple has had unrivaled success and is a global powerhouse and dominant position the United States, especially with teenagers and young adults.</p><p style=\"text-align: left;\">Globally, around 1 billion people have an iPhone. Since the launch of the iPhone sales is estimated to have totaled $2 trillion. Apple is the most valuable company of all time, with a market cap of $2.6 Trillion.</p><p style=\"text-align: left;\">However, revenue and earnings growth has slowed to the 4-6% range. This slow growth is primarily a victim of &#34;The Law of Large Numbers&#34; and Apple&#39;s on success. Additionally, Apple has not been immune to COVID-19 supply chain chokepoints and a saturated smartphone market. Most of the developed world has a smartphone so business there is replacement only and few new features warrant an upgrade. In the developing world, fewer customers can afford the luxury of purchasing the status symbol of buying an iPhone.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a67b28942b0449f6ba64c60da551001a\" alt=\"SeekingAlpha Growth Metrics\" title=\"SeekingAlpha Growth Metrics\" tg-width=\"640\" tg-height=\"647\"/><span>SeekingAlpha Growth Metrics</span></p><p style=\"text-align: left;\"><strong>SeekingAlpha</strong></p><p style=\"text-align: left;\">Nonetheless, Apple is still priced as a growth stock with a 27.8 PE (Price to Earnings ratio). Given that AAPL had a 12 PE in 2013 when its 8.6% 10-year CAGR revenue was still in front of them, we would not be surprised to see the PE fall to this level which would be more appropriate given its low forward expected growth. Apple has been one of the greatest investments of all time. I hope you own it and are in a position to sell or trim. I believe the stock will underperform over the next 5-10 years and do not own any shares.</p><h2 style=\"text-align: left;\">Outlook</h2><p style=\"text-align: left;\">Consumer spending is expected to weaken in FY23. Apple&#39;s financial performance is heavily reliant on the success of their consumer products like the iPhone. Around 52% of revenue in FY22 came from iPhone sales, trailed by services which made up 20%. Additionally, iPhone sales have been flat in recent years, stagnating or declining since FY15. No other device Apple has produced has had the growth rate or sales of the iPhone. It is not even close as the iPhone is the most successful consumer product ever created in the entire universe.</p><p style=\"text-align: left;\">Apple&#39;s market share in the smartphone market ballooned to record highs in FY20, reaching 61% in the US. While investors had been hopeful of a similar trend in China with its emerging middle class, Apple has not been able to breach the 25% mark in market share since the iPhone launched in China in 2009. Additionally, despite iPhone sales stagnating, iPhone users have steadily grown. While this will increase the company&#39;s service revenue, it is clear that people are not as eager to buy brand-new iPhones every year as they have been in the past.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9786b02e391b0f3b4e3a78428a82ae44\" alt=\"iPhones Shipped Against iPhones in Use\" title=\"iPhones Shipped Against iPhones in Use\" tg-width=\"640\" tg-height=\"384\"/><span>iPhones Shipped Against iPhones in Use</span></p><p style=\"text-align: left;\"><strong>Building Benjamins, Apple, Business Of Apps</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/45410459102e898fa414de2902c350d2\" alt=\"iPhone Market Vendors in China\" title=\"iPhone Market Vendors in China\" tg-width=\"640\" tg-height=\"360\"/><span>iPhone Market Vendors in China</span></p><p style=\"text-align: left;\"><strong>Chinese Market Share (Statcounter)</strong></p><p style=\"text-align: left;\">There is room to grow in the service area, with AppleTV launching its subscription service. But the market is already saturated with everyone rolling out streaming services. Apple has only been able to breach just over 10% market share in this area.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40698693b37c439fec2a243739b21b16\" alt=\"Streaming Services in Homes\" title=\"Streaming Services in Homes\" tg-width=\"425\" tg-height=\"521\"/><span>Streaming Services in Homes</span></p><p style=\"text-align: left;\"><strong>S&amp;P Global Market Intelligence</strong></p><p style=\"text-align: left;\">Apple has made no friends in the advertising space, with its strict rules around advertising and user tracking making it an unattractive platform to advertise on. While this has been applauded as pro-privacy and pro-consumer, it dulled their own ability to carve out a revenue stream.</p><p style=\"text-align: left;\">Apple is under scrutiny in the United States and Europe for competitive iPhone and MacOS ecosystem practices. Since 2019 Apple has been under investigation in the US on whether or not it suppresses third party apps in favor of its own. In Europe meanwhile, the entire MacOS ecosystem has been declared as a &#34;threat to competition [utilizes] practices [that] effectively prevent them&#34;. Not only this, but the most downloaded app on iPhones today is TikTok, which has come under equally harsh scrutiny.</p><p style=\"text-align: left;\">It is not as though AAPL is not a financially healthy company, it has fantastic margins on every level and eyewatering levels of free cash flow yearly - nearly $100 billion. In 1Q23 AAPL repurchased $20 billion in stock but has been stingy on the dividend with only a 0.56% forward yield. We struggle to see why management would prioritize further repurchases instead of dividend expansion at these stock valuations. Our guess is the board is concerned a reasonable dividend would be like an announcement that Apple&#39;s growth days are behind it. Consistently spending $80 billion per year on repurchases and reducing outstanding share count by roughly 4% is not a sign of a company that believes that it has lots of opportunities to invest capital in areas that will match their existing business. That gets back to the core of the problem; no business is going to have the size and margins of Apple&#39;s hugely successful iPhone.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a1ba4aaf4a6f180e25c158300a43208\" alt=\"Chart\" title=\"Chart\" tg-width=\"635\" tg-height=\"433\"/><span>Chart</span></p><p>Data by YCharts</p><p style=\"text-align: left;\">While the financial robustness of Apple is hard to deny, we have growing concerns about the stagnation in earnings per share and revenue - especially in segments that used to be powerhouses. The company&#39;s market share has also not budged, and efforts to expand into streaming with AppleTV and Apple Music have faced steep competition. We no longer believe there is a likely long-term case for Apple from a growth investor&#39;s perspective and have removed it from our portfolio.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Great Company But Likely Poor Investment For The Future</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: Great Company But Likely Poor Investment For The Future\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-07 21:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4592810-apple-stock-great-company-but-likely-poor-investment-future><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGreat company but has low growth going forward.Strong market share in the US, but likely at its peak globally in a more cost-conscious market.The iPhone is the most successful consumer product ...</p>\n\n<a href=\"https://seekingalpha.com/article/4592810-apple-stock-great-company-but-likely-poor-investment-future\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4592810-apple-stock-great-company-but-likely-poor-investment-future","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1126419402","content_text":"SummaryGreat company but has low growth going forward.Strong market share in the US, but likely at its peak globally in a more cost-conscious market.The iPhone is the most successful consumer product ever created in the entire universe. A successful encore is nearly impossible.Valued like a double-digit grower, 4-6% growth is much more plausible.Investment ThesisApple (NASDAQ: AAPL) is a tech giant, and the highest market capitalization stock traded on the stock market. The iPhone is the most successful consumer product ever created in the entire universe. A successful encore is nearly impossible. As the innovator of the smartphone, Apple has had unrivaled success and is a global powerhouse and dominant position the United States, especially with teenagers and young adults.Globally, around 1 billion people have an iPhone. Since the launch of the iPhone sales is estimated to have totaled $2 trillion. Apple is the most valuable company of all time, with a market cap of $2.6 Trillion.However, revenue and earnings growth has slowed to the 4-6% range. This slow growth is primarily a victim of \"The Law of Large Numbers\" and Apple's on success. Additionally, Apple has not been immune to COVID-19 supply chain chokepoints and a saturated smartphone market. Most of the developed world has a smartphone so business there is replacement only and few new features warrant an upgrade. In the developing world, fewer customers can afford the luxury of purchasing the status symbol of buying an iPhone.SeekingAlpha Growth MetricsSeekingAlphaNonetheless, Apple is still priced as a growth stock with a 27.8 PE (Price to Earnings ratio). Given that AAPL had a 12 PE in 2013 when its 8.6% 10-year CAGR revenue was still in front of them, we would not be surprised to see the PE fall to this level which would be more appropriate given its low forward expected growth. Apple has been one of the greatest investments of all time. I hope you own it and are in a position to sell or trim. I believe the stock will underperform over the next 5-10 years and do not own any shares.OutlookConsumer spending is expected to weaken in FY23. Apple's financial performance is heavily reliant on the success of their consumer products like the iPhone. Around 52% of revenue in FY22 came from iPhone sales, trailed by services which made up 20%. Additionally, iPhone sales have been flat in recent years, stagnating or declining since FY15. No other device Apple has produced has had the growth rate or sales of the iPhone. It is not even close as the iPhone is the most successful consumer product ever created in the entire universe.Apple's market share in the smartphone market ballooned to record highs in FY20, reaching 61% in the US. While investors had been hopeful of a similar trend in China with its emerging middle class, Apple has not been able to breach the 25% mark in market share since the iPhone launched in China in 2009. Additionally, despite iPhone sales stagnating, iPhone users have steadily grown. While this will increase the company's service revenue, it is clear that people are not as eager to buy brand-new iPhones every year as they have been in the past.iPhones Shipped Against iPhones in UseBuilding Benjamins, Apple, Business Of AppsiPhone Market Vendors in ChinaChinese Market Share (Statcounter)There is room to grow in the service area, with AppleTV launching its subscription service. But the market is already saturated with everyone rolling out streaming services. Apple has only been able to breach just over 10% market share in this area.Streaming Services in HomesS&P Global Market IntelligenceApple has made no friends in the advertising space, with its strict rules around advertising and user tracking making it an unattractive platform to advertise on. While this has been applauded as pro-privacy and pro-consumer, it dulled their own ability to carve out a revenue stream.Apple is under scrutiny in the United States and Europe for competitive iPhone and MacOS ecosystem practices. Since 2019 Apple has been under investigation in the US on whether or not it suppresses third party apps in favor of its own. In Europe meanwhile, the entire MacOS ecosystem has been declared as a \"threat to competition [utilizes] practices [that] effectively prevent them\". Not only this, but the most downloaded app on iPhones today is TikTok, which has come under equally harsh scrutiny.It is not as though AAPL is not a financially healthy company, it has fantastic margins on every level and eyewatering levels of free cash flow yearly - nearly $100 billion. In 1Q23 AAPL repurchased $20 billion in stock but has been stingy on the dividend with only a 0.56% forward yield. We struggle to see why management would prioritize further repurchases instead of dividend expansion at these stock valuations. Our guess is the board is concerned a reasonable dividend would be like an announcement that Apple's growth days are behind it. Consistently spending $80 billion per year on repurchases and reducing outstanding share count by roughly 4% is not a sign of a company that believes that it has lots of opportunities to invest capital in areas that will match their existing business. That gets back to the core of the problem; no business is going to have the size and margins of Apple's hugely successful iPhone.ChartData by YChartsWhile the financial robustness of Apple is hard to deny, we have growing concerns about the stagnation in earnings per share and revenue - especially in segments that used to be powerhouses. The company's market share has also not budged, and efforts to expand into streaming with AppleTV and Apple Music have faced steep competition. We no longer believe there is a likely long-term case for Apple from a growth investor's perspective and have removed it from our portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133395476,"gmtCreate":1621694810895,"gmtModify":1704361541789,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/133395476","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","pubTimestamp":1621611396,"share":"https://ttm.financial/m/news/2137906121?lang=&edition=fundamental","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial&nbsp;</b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b>&nbsp;and&nbsp;<b>M&amp;T Bank</b>, in the fourth quarter of 2020.&nbsp;</p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021</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\">\nHere Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","SYF":"Synchrony Financial","BRK.B":"伯克希尔B","WFC":"富国银行","USB":"美国合众银行"},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375203021,"gmtCreate":1619340992763,"gmtModify":1704722672708,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/375203021","repostId":"1184404050","repostType":4,"repost":{"id":"1184404050","pubTimestamp":1619319329,"share":"https://ttm.financial/m/news/1184404050?lang=&edition=fundamental","pubTime":"2021-04-25 10:55","market":"us","language":"en","title":"What to watch in the markets this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184404050","media":"CNBC","summary":"The last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product a","content":"<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What to watch in the markets 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\">\nWhat to watch in the markets this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-25 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html\">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","GOOG":"谷歌",".DJI":"道琼斯","TSLA":"特斯拉","AAPL":"苹果",".IXIC":"NASDAQ Composite","GOOGL":"谷歌A",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184404050","content_text":"KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product and the Fed’s favorite inflation measure: the personal consumption expenditures deflator.The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news.Hot topics in markets will continue to be inflation and taxes.President Joe Biden is expected to detail his “American Families Plan” and the tax increases to pay for it, including a much higher capital gains tax for the wealthy.The plan is the second part of his Build Back Better agenda and will include new spending proposals aimed at helping families. The president addresses a joint session of Congress Wednesday evening.It’s a huge week for earnings with about a third of the S&P 500 reporting, including Big Tech names, such as Apple,Microsoft,Alphabet and Amazon.As many have already done, firms like Boeing, Ford,Caterpillar and McDonald’s, are likely to detail cost pressures they are facing from rising materials and transportation costs and supply chain disruptions.At the same time, the Fed is expected to defend its policy of letting inflation run hot, while assuring markets it sees the pick-up in prices as only temporary. The central bank meets on Tuesday and Wednesday.The central bank takes the main stage“I think the Fed would like not to be a feature next week, but the Fed will be forced from the background because of concerns about inflation,” said Diane Swonk, chief economist at Grant Thornton.The central bank is not expected to make any policy moves, but Fed Chairman Jerome Powell’s press briefing following the meeting Wednesday will be closely watched.So far, the barrage of earnings news has been positive, with 86% of companies reporting earnings beats. Corporate profits are expected to be up about 33.9% for the first quarter, based on estimates and actual reports, according to Refinitiv. Revenues are about 9.9% higher.There is important inflation data Friday when the Fed’s preferred inflation gauge is reported.The personal consumption expenditure report is expected to show a 1.8% rise in core inflation, still below the Fed’s target of 2%. Other data releases include the first-quarter gross domestic product on Thursday, which is expected to have grown by 6.5%, according to Dow Jones.“I think the Fed has no urgency to shift monetary policy at this point,” said Ian Lyngen, head of U.S. rates strategy at BMO. “The Fed needs to acknowledge that the data is improving. We had a strong first quarter.”“The Fed needs to acknowledge that but at the same time they’re keeping extremely accommodative policy in place, so they’ll have to make a note to the fact that the easy policy is warranted,” he said.Lyngen said the Fed will likely point to continued concerns about the pandemic globally as a potential risk to the economic recovery.Powell is also expected to once more explain that the Fed will let inflation rise above its 2% target for a period of time before it raises rates so that the economy can have more time to heal. “It’s going to be a challenge for the Fed,” said Swonk.The base effects for the next several months will make inflation appear to have jumped sharply because of the comparison to a weak period last year. The consumer price index for April could be above 3%, compared to 2.6% last month, Swonk added.“The Fed is trying to let a lot more people get out onto the dance floor before it calls ‘last call,’” she said. “Really what Powell has been saying since day one is if we take care of people on the margins and bring them back into the labor force, the rest will take care of itself.”Stocks were slightly lower in the past week, and Treasury yields held at lower levels. The 10-year yield,which moves opposite price, was at 1.55% Friday.The S&P 500was down 0.1%, ending the week at 4,180, while Nasdaq Composite was down nearly 0.3% at 14,016. The Dow was off just shy of 0.5% at 34,043.Tax hike prospectsStocks were hit hard on Thursday when after a news report said that Biden is expected to propose a capital gains tax rate of 39.6% for people earning more than $1 million a year.Combined with the 3.8% net investment income tax, the new levy would more than double the long term capital gains rate of 20% or the richest Americans.Strategists said Biden is expected to propose raising the income tax rate for those earning more than $400,000.“I think a lot of people are starting to price in the risk there going to be a significant increase in both corporate and capital gains taxes,” said Lyngen.So far, companies have not provided much in the way of commentary on the proposed hike in corporate taxes to 28% from 21% but they have been talking about other costs.David Bianco, chief investment strategist for the Americas at DWS, said he expects larger companies will do better dealing with supply chain constraints than smaller ones. Big Tech is also likely to fare better during the semiconductor shortage than auto makers, which have already announced production shutdowns, he said.“Next week is tech week. I think we’re going to get down on our knees and just be in awe of their business models and their ability to grow at a behemoth scale,” Bianco said.He said he’s not in favor of Wall Street’s popular trade into cyclicals and out of growth. He still favors growth.“We’re overweight equities really because we’re concerned about rising interest rates,” Bianco said. “I’m not bullish in that I expect the market to rise that much from here.”“We stuck with growth and dug deeper into bond substitutes, utilities, staples, real estate,” he said, adding he is underweight industrials, energy and materials. “Energy is doomed. It’s being nationalized via regulation. I do like industrials, they are well-run companies, but I do think infrastructure spending expectations for classic infrastructure are too high.”He also said industrials are good businesses, but the stocks have become overvalued.Bianco said he likes big box stores, but smaller retailers are facing big challenges that were already impacting them prior to Covid. He also finds small biotech firms attractive.“I like healthcare stocks. Those valuations are reasonable. People have been paranoid about politicians beating on them since 1992. They manage through it and lately they’ve been delivering,” he said.Week ahead calendarMondayEarnings:Tesla,Canadian National Railway, Canon,Check Point Software,Otis Worldwide, Vale,Ameriprise,NXP Semiconductor,Albertsons, Royal Phillips8:30 a.m. Durable goodsTuesdayFOMC begins two day meetingEarnings:Microsoft,Alphabet,Visa,Amgen,Advanced Micro Devices,3M,General Electric,Eli Lilly, Hasbro,United Parcel Service,BP,Novartis,JetBlue,Pultegroup,Archer Daniels Midland,Waste Management,Starbucks,Texas Instrument,Chubb,Mondelez,FireEye,Corning,Raytheon9:00 a.m. S&P/Case-Shiller9:00 a.m. FHFA home prices10:00 a.m. Consumer confidence10:00 a.m. Housing vacanciesWednesdayEarnings:Apple, Boeing,Facebook,Qualcomm,Ford,MGM Resorts,Humana,Norfolk Southern,General Dynamics,Boston Scientific, eBay, Samsung Electronics, GlaxoSmithKline,Yum Brands, SiriusXM, Aflac,Cheesecake Factory,Community Health System,CIT Group,Entergy,CME Group,Hess,Ryder System8:30 a.m. Advance economic indicators2:00 p.m. Fed statement2:30 p.m. Fed Chairman Jerome Powell briefingThursdayEarnings:Amazon,Caterpillar,McDonald’s,Twitter,Bristol-Myers Squibb,Comcast,Merck,Northrop Grumman, Airbus,Kraft Heinz,Intercontinental Exchange,Mastercard,Gilead Sciences,U.S. Steel, Cirrus Logic,Texas Roadhouse, Cabot Oil, PG&E,Royal Dutch Shell,Church & Dwight, Carlyle Group,Southern Co.8:30 a.m. Initial jobless claims8:30 a.m. Real GDP Q110:00 a.m. Pending home salesFridayEarnings:ExxonMobil,Chevron,Colgate-Palmolive,AstraZeneca,Clorox,Barclays, AbbVie, BNP Paribas,Weyerhaeuser,Illinois Tool Works, CBOE Global Markets, Lazard,Newell Brands,Aon,LyondellBasell,Pitney Bowes,Phillips 66,Charter Communications8:30 a.m. Personal income and spending8:30 a.m. Employment cost index Q19:45 a.m. Chicago PMI10:00 a.m. Consumer sentimentSaturdayEarnings:Berkshire Hathaway","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803456703,"gmtCreate":1627459581702,"gmtModify":1703490365861,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Buy back at $130","listText":"Buy back at $130","text":"Buy back at $130","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/803456703","repostId":"1195067283","repostType":4,"repost":{"id":"1195067283","pubTimestamp":1627459353,"share":"https://ttm.financial/m/news/1195067283?lang=&edition=fundamental","pubTime":"2021-07-28 16:02","market":"us","language":"en","title":"Apple’s blowout earnings didn’t help its stock, and here’s why","url":"https://stock-news.laohu8.com/highlight/detail?id=1195067283","media":"MarketWatch","summary":"CFO suggests that sales growth will slow overall and in the hot services sector, sending shares lower in after-hours trading despite stunning beat in earnings and iPhone sales. Apple racked up nearly $40 billion in iPhone sales last quarter. BLOOMBERG NEWS. Apple reported its strongest June quarter ever on Tuesday, with a near doubling of its profits and a whopping iPhone beat— iPhone revenue surpassed Wall Street’s expectations by a stunning $5 billion. But the celebration came to a crashing ha","content":"<p>Apple&nbsp;shares&nbsp;fell&nbsp;1.5%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/46b6dcdfd6c3341849a132b84908df8a\" tg-width=\"881\" tg-height=\"638\" referrerpolicy=\"no-referrer\"></p>\n<p>CFO suggests that sales growth will slow overall and in the hot services sector, sending shares lower in after-hours trading despite stunning beat in earnings and iPhone sales</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df758af59b72a37be435c6d3859ce151\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Apple racked up nearly $40 billion in iPhone sales last quarter. BLOOMBERG NEWS</span></p>\n<p>Apple Inc.’s whopping fiscal third quarter was overshadowed by the company’s forecast for slowing growth Tuesday, putting a damper on its record results and sending shares south.</p>\n<p>Apple&nbsp;reported its strongest June quarter ever on Tuesday, with a near doubling of its profits and a whopping iPhone beat— iPhone revenue surpassed Wall Street’s expectations by a stunning $5 billion. But the celebration came to a crashing halt when Apple Chief Financial Officer Luca Maestri said in a conference call that the company’s revenue growth would slow in the current quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.</p>\n<p>“We expect very strong double-digit year-over-year revenue growth during the September quarter,” Maestri said, while continuing to avoid exact revenue guidance due to uncertainty related to the COVID-19 pandemic. “We expect revenue growth to be lower than our June quarter year-over-year growth of 36%.”</p>\n<p>Apple’s shares had gained in after-hours trading to that point, but immediately fell back and ultimately ended the extended trading session with a 2% decline.</p>\n<p>Beyond overall revenue, Maestri also warned about one of Apple’s hottest businesses and declined to give any hints about prolonged declines in sales growth.</p>\n<p>“We expect our services growth rate to return to a more typical level,” Maestri said, referring to Apple’s services business, which reached record-high revenue in the quarter by growing 33% to $17.5 billion.</p>\n<p>That growth rate also benefited from a favorable comparison as certain services were significantly impacted by the very beginning of the COVID-19 lockdowns a year ago, he added.</p>\n<p>“We expect significant growth in services, but not to the level that we’ve seen in June,” he said in response to a question about the company’s guidance.</p>\n<p>When asked about the upcoming holiday period, and whether the semiconductor and component shortage would have an impact on what is typically Apple’s biggest quarter, Maestri said he only wanted to talk about one quarter at a time. Some analysts have already been wondering if the second half of this year is going to be as strong as the first half among tech companies, especially the tech giants, and Apple’s June quarter seemed to be reflective of those fears.</p>\n<p>While it seems ridiculous to see shares decline after reporting such a mind-blowing quarter — iPhone total revenue alone was nearly $40 billion and Chief Executive Tim Cook said that 5G penetration is still “very very low, and so we feel really good about the future of the iPhone” — concerns that we are at a peak for tech are valid. And as the delta variant continues to create uncertainty about the path of the COVID-19 pandemic, there is even more uncertainty ahead</p>\n<p>As Cook phrased it Tuesday, “the road to recovery will be a winding one.”</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s blowout earnings didn’t help its stock, and here’s why</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’s blowout earnings didn’t help its stock, and here’s why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 16:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/apples-blowout-earnings-didnt-help-its-stock-and-heres-why-11627430752?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple shares fell 1.5% in premarket trading.\n\nCFO suggests that sales growth will slow overall and in the hot services sector, sending shares lower in after-hours trading despite stunning beat in ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apples-blowout-earnings-didnt-help-its-stock-and-heres-why-11627430752?mod=home-page\">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/apples-blowout-earnings-didnt-help-its-stock-and-heres-why-11627430752?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195067283","content_text":"Apple shares fell 1.5% in premarket trading.\n\nCFO suggests that sales growth will slow overall and in the hot services sector, sending shares lower in after-hours trading despite stunning beat in earnings and iPhone sales\nApple racked up nearly $40 billion in iPhone sales last quarter. BLOOMBERG NEWS\nApple Inc.’s whopping fiscal third quarter was overshadowed by the company’s forecast for slowing growth Tuesday, putting a damper on its record results and sending shares south.\nApple reported its strongest June quarter ever on Tuesday, with a near doubling of its profits and a whopping iPhone beat— iPhone revenue surpassed Wall Street’s expectations by a stunning $5 billion. But the celebration came to a crashing halt when Apple Chief Financial Officer Luca Maestri said in a conference call that the company’s revenue growth would slow in the current quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.\n“We expect very strong double-digit year-over-year revenue growth during the September quarter,” Maestri said, while continuing to avoid exact revenue guidance due to uncertainty related to the COVID-19 pandemic. “We expect revenue growth to be lower than our June quarter year-over-year growth of 36%.”\nApple’s shares had gained in after-hours trading to that point, but immediately fell back and ultimately ended the extended trading session with a 2% decline.\nBeyond overall revenue, Maestri also warned about one of Apple’s hottest businesses and declined to give any hints about prolonged declines in sales growth.\n“We expect our services growth rate to return to a more typical level,” Maestri said, referring to Apple’s services business, which reached record-high revenue in the quarter by growing 33% to $17.5 billion.\nThat growth rate also benefited from a favorable comparison as certain services were significantly impacted by the very beginning of the COVID-19 lockdowns a year ago, he added.\n“We expect significant growth in services, but not to the level that we’ve seen in June,” he said in response to a question about the company’s guidance.\nWhen asked about the upcoming holiday period, and whether the semiconductor and component shortage would have an impact on what is typically Apple’s biggest quarter, Maestri said he only wanted to talk about one quarter at a time. Some analysts have already been wondering if the second half of this year is going to be as strong as the first half among tech companies, especially the tech giants, and Apple’s June quarter seemed to be reflective of those fears.\nWhile it seems ridiculous to see shares decline after reporting such a mind-blowing quarter — iPhone total revenue alone was nearly $40 billion and Chief Executive Tim Cook said that 5G penetration is still “very very low, and so we feel really good about the future of the iPhone” — concerns that we are at a peak for tech are valid. And as the delta variant continues to create uncertainty about the path of the COVID-19 pandemic, there is even more uncertainty ahead\nAs Cook phrased it Tuesday, “the road to recovery will be a winding one.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198444752,"gmtCreate":1620985662876,"gmtModify":1704351541171,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Miss earnings rocket, beat earnings sell off. This market is illogical.","listText":"Miss earnings rocket, beat earnings sell off. This market is illogical.","text":"Miss earnings rocket, beat earnings sell off. This market is illogical.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/198444752","repostId":"1138443656","repostType":4,"repost":{"id":"1138443656","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620985436,"share":"https://ttm.financial/m/news/1138443656?lang=&edition=fundamental","pubTime":"2021-05-14 17:43","market":"us","language":"en","title":"Coinbase rose more than 3% in pre-market trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1138443656","media":"Tiger Newspress","summary":"(May 14) Coinbase rose more than 3% in pre-market trading. Earlier, Coinbase posted earnings, showin","content":"<p>(May 14)&nbsp;Coinbase rose more than 3% in pre-market trading.&nbsp;Earlier,&nbsp;Coinbase posted&nbsp;earnings,&nbsp;showing&nbsp;that,&nbsp;EPS misses by $0.23, misses on revenue.</p><p><img src=\"https://static.tigerbbs.com/89f433623c51096b591108ee52df2989\" tg-width=\"769\" tg-height=\"564\" referrerpolicy=\"no-referrer\"></p><p>In its first quarterly earnings results since its IPO, Coinbase Global(NASDAQ:COIN)deliversQ1 earnings and revenue that trail theaverage analyst estimates.</p><p>Q1 EPS of $3.05 vs. consensus estimate of $3.20.</p><p>Q1 revenue of $1.60B misses the average analyst estimate of $1.82B; increases from $497M in Q4 2020 and $179M in Q1 2020.</p><p>Total operating expenses of $813.4M increased from $358.5M in Q4 and $151.8M in Q1 2020; as a percentage of revenue, operating expenses fell to 51% from 72% the prior quarter and 85% in the year-ago quarter.</p><p>Adjusted EBITDA of $1.12M matches the Visible Alpha consensus of $1.12B and increased from $288M in Q4 2020.</p><p>Monthly transacting users of 6.1M vs. Visible Alpha consensus of 6.1M and up from 2.8M in Q4.</p><p>Total trading volume of $335B jumped from $89B in the prior quarter; in the most recent quarter, trading $120B of trading volume was retail and $215B was institutional; 39% of the total was bitcoin and 21% was ethereum.</p><p>Coinbase had released somepreliminary Q1 metricson April 6.</p><p><b>Guidance:</b>&nbsp;COIN&nbsp;expects Q2 trading volume meeting or slightly exceeding Q1's results and expects monthly transacting users to exceed Q1 levels.</p><p>For the year, the company expects annual average net revenue per user to exceed its historical range of $34-$45 per month.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase rose more than 3% in pre-market trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase rose more than 3% in pre-market trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-14 17:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 14)&nbsp;Coinbase rose more than 3% in pre-market trading.&nbsp;Earlier,&nbsp;Coinbase posted&nbsp;earnings,&nbsp;showing&nbsp;that,&nbsp;EPS misses by $0.23, misses on revenue.</p><p><img src=\"https://static.tigerbbs.com/89f433623c51096b591108ee52df2989\" tg-width=\"769\" tg-height=\"564\" referrerpolicy=\"no-referrer\"></p><p>In its first quarterly earnings results since its IPO, Coinbase Global(NASDAQ:COIN)deliversQ1 earnings and revenue that trail theaverage analyst estimates.</p><p>Q1 EPS of $3.05 vs. consensus estimate of $3.20.</p><p>Q1 revenue of $1.60B misses the average analyst estimate of $1.82B; increases from $497M in Q4 2020 and $179M in Q1 2020.</p><p>Total operating expenses of $813.4M increased from $358.5M in Q4 and $151.8M in Q1 2020; as a percentage of revenue, operating expenses fell to 51% from 72% the prior quarter and 85% in the year-ago quarter.</p><p>Adjusted EBITDA of $1.12M matches the Visible Alpha consensus of $1.12B and increased from $288M in Q4 2020.</p><p>Monthly transacting users of 6.1M vs. Visible Alpha consensus of 6.1M and up from 2.8M in Q4.</p><p>Total trading volume of $335B jumped from $89B in the prior quarter; in the most recent quarter, trading $120B of trading volume was retail and $215B was institutional; 39% of the total was bitcoin and 21% was ethereum.</p><p>Coinbase had released somepreliminary Q1 metricson April 6.</p><p><b>Guidance:</b>&nbsp;COIN&nbsp;expects Q2 trading volume meeting or slightly exceeding Q1's results and expects monthly transacting users to exceed Q1 levels.</p><p>For the year, the company expects annual average net revenue per user to exceed its historical range of $34-$45 per month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138443656","content_text":"(May 14) Coinbase rose more than 3% in pre-market trading. Earlier, Coinbase posted earnings, showing that, EPS misses by $0.23, misses on revenue.In its first quarterly earnings results since its IPO, Coinbase Global(NASDAQ:COIN)deliversQ1 earnings and revenue that trail theaverage analyst estimates.Q1 EPS of $3.05 vs. consensus estimate of $3.20.Q1 revenue of $1.60B misses the average analyst estimate of $1.82B; increases from $497M in Q4 2020 and $179M in Q1 2020.Total operating expenses of $813.4M increased from $358.5M in Q4 and $151.8M in Q1 2020; as a percentage of revenue, operating expenses fell to 51% from 72% the prior quarter and 85% in the year-ago quarter.Adjusted EBITDA of $1.12M matches the Visible Alpha consensus of $1.12B and increased from $288M in Q4 2020.Monthly transacting users of 6.1M vs. Visible Alpha consensus of 6.1M and up from 2.8M in Q4.Total trading volume of $335B jumped from $89B in the prior quarter; in the most recent quarter, trading $120B of trading volume was retail and $215B was institutional; 39% of the total was bitcoin and 21% was ethereum.Coinbase had released somepreliminary Q1 metricson April 6.Guidance: COIN expects Q2 trading volume meeting or slightly exceeding Q1's results and expects monthly transacting users to exceed Q1 levels.For the year, the company expects annual average net revenue per user to exceed its historical range of $34-$45 per month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581494316592228","authorId":"3581494316592228","name":"Crappybara","avatar":"https://static.tigerbbs.com/0a085697d49b443650c5a80b0fa9a50f","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581494316592228","authorIdStr":"3581494316592228"},"content":"Crypto is illogical to begin with. 1 Tweet from Mr M can cause 15% movement. if this is not manipulation of market im not sure what is [Sigh]","text":"Crypto is illogical to begin with. 1 Tweet from Mr M can cause 15% movement. if this is not manipulation of market im not sure what is [Sigh]","html":"Crypto is illogical to begin with. 1 Tweet from Mr M can cause 15% movement. if this is not manipulation of market im not sure what is [Sigh]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108073160,"gmtCreate":1619968081250,"gmtModify":1704336860792,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Interesting read","listText":"Interesting read","text":"Interesting read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/108073160","repostId":"1103106179","repostType":4,"repost":{"id":"1103106179","pubTimestamp":1619917622,"share":"https://ttm.financial/m/news/1103106179?lang=&edition=fundamental","pubTime":"2021-05-02 09:07","market":"us","language":"en","title":"Berkshire Hathaway Annual Meeting 2021: Highlights and storylines","url":"https://stock-news.laohu8.com/highlight/detail?id=1103106179","media":"Tiger Newspress","summary":"Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world","content":"<p>Emily McCormick·ReporterSun, May 2, 2021, 5:03 AM</p><p>Warren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.</p><p><a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata={&quot;liveId&quot;:&quot;16196040827650&quot;}\" target=\"_blank\"><b>Playback Live Here！</b></a></p><p>In an hours-long event, the investing legend fielded questions on Berkshire's business and investment decisions,offered advice for first-time investorsand touted the strength of American corporations in a characteristically optimistic tone.Buffett nodded to the Federal Reserveand Congress for their swift response to the COVID-19 crisis, and underscored the rebound in the U.S. economy. And the Oracle of Omaha also addressed the recent rise in retail trading andonline brokerage firmslike Robinhood,the rally in bitcoinand the boom in SPAC mergers.</p><p>In many ways, this year's meeting looked different from those in the past. The annual event took placein a hotel conference room in Los Angelesrather than in an arena in Omaha, Nebraska, due to the ongoing pandemic.</p><p>Buffett's long-time business partner Charlie Munger also returned onstage this year to co-lead the event, after sitting out last year because of the pandemic. And in a new move, Buffett and Munger were joined by Berkshire's Vice Chairmen Gregory Abel and Ajit Jain,in a signal of potential succession plans at the company.</p><p>Here were some of the highlights from the event.</p><p>—</p><p>Buffett said Berkshire Hathaway is seeing signs of rising price pressures during the COVID-19 recovery, corroborating many market participants' concerns about increasing inflationary pressures.</p><p>\"We're seeing substantial inflation. We're raising prices, people are raising prices to us. And it's being accepted,\" Buffett said. \"We really do a lot of housing. The costs are just up, up, up. Steel costs. You know, just every day they're going up.\"</p><p>\"It's an economy – really, it's red hot. And we weren't expecting it,\" he added.</p><p>—</p><p>Buffett said trading apps like Robinhoodhave contributed to the \"casino aspect\" of the stock market as of late, exploiting individuals' inclinations to gamble.</p><p>“It’s become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year, year and a half,\" Buffett said of Robinhood. \"There’s nothing, you know, there’s nothing illegal about it, there’s nothing immoral. But I don’t think you’d build a society around people doing it.\"</p><p>\"I think the degree to which a very rich society can reward people who know how to take advantage, essentially, of the gambling instincts of the American public, the worldwide public – it’s not the most admirable part of the accomplishment,\" Buffett added. \"But I think what America has accomplished is pretty admirable overall. And I think actually American corporations have turned out to be a wonderful place for people to put their money and save. But they also make terrific gambling chips, and if you cater to those gambling chips when people have money in their pocket for the first time and you tell them take my 30 or 40 or 50 trades a day and you’re not charging commission ... I hope we don’t have more of it.”</p><p>—</p><p>Buffett explained that Berkshire's move to unload many of its bank shares last year was not due to a lack of confidence in the banking industry, but more a decision to re-balance the portfolio and avoid being too heavily tilted toward one area.</p><p>\"I like banks generally, I just didn't like the proportion compared to the possible risk,\" Buffett said. \"We were over 10% of Bank of America. It's a real pain in the neck, more to the banks than us.\"</p><p>Berkshire held 1,032,952,006 shares of Bank of America as of the end of 2020, after adding 85.1 million shares in the third quarter alone. This gave Berkshire Hathaway an ownership stake of 11.9%. Berkshire cut its holdings of Wells Fargo from 345.7 million shares at year-end 2019 to 52.4 million by year-end 2020, and completely exited its holdings in JPMorgan Chase (JPM) and M&amp;T Bank Corp (MTB).</p><p>\"The banking business is way better than it was in the United States 10 or 15 years ago,\" he added. \"The banking business around the world in various places might worry me, but our banks are in far, far better shape than 10 or 15 years ago.\"</p><p>—</p><p>A shareholder asked Jain, who leads Berkshire's insurance business, whether he would be hypothetically willing to write an insurance policy for SpaceX founder Elon Musk for his proposed colonization of Mars.</p><p>\"This is an easy one. No thank you, I’ll pass,\" Jain said.</p><p>“Well I would say it would depend on the premium,” Buffett interjected with a laugh. \"And I would say that I would probably have a somewhat different rate if Elon was on board or not on board. It makes a difference if someone is asking to insure something.”</p><p>—</p><p>Warren Buffett declined to directly offer an opinion in response to a question on bitcoin, an assethe previously likened to \"rat poison squared.\"</p><p>\"I knew there’d be a question on bitcoin or crypto and I thought to myself well, I watch these politicians dodge questions all the time … The truth is, I’m going to dodge that question,\" Buffett said. \"Because the truth is, we’ve probably got hundreds of thousands of people that are watching this that own bitcoin. And we’ve probably got two people that are short. So we’ve got a choice of making 400,000 people mad at us and unhappy, and making two people happy. And it’s just a dumb equation.\"</p><p>Munger, however, issued a more direct attack.</p><p>\"Those who know me well are just waving the red flag at the bull. Of course I hate the bitcoin success,\" he said. \"And I don’t welcome a currency that’s so useful kidnappers and extortionists and so forth. Nor do I like shoveling out a few extra billions and billions and billions of dollars to somebody who just invented a new financial product out of thin air. So I think I should say modestly that the whole damn development is disgusting and contrary to the interest of civilization.\"</p><p>—</p><p>Both Buffett and Munger issued strong words of support for share repurchases, especially after Berkshire reported repurchasing an additional $6.6 billion in stock in the first three months of 2021.</p><p>\"They're a way, essentially, of distributing the cash to the people that want the cash when other co-owners mostly want you to reinvest,\" Buffett said. \"It's a savings vehicle.\"</p><p>\"I find it almost impossible to believe some of the arguments that are made that it's terrible to repurchase shares from a partner if they want to get out of something, and you're able to do it at prices that are advantages to the people that are staying,\" Buffett said. \"And it helps slightly the person that wants out.\"</p><p>Munger offered a similar view.</p><p>\"You're repurchasing stock. Just a bullet higher, it's deeply immoral,\" Munger said. \"But if you're repurchasing stock because it's a fair thing to do in the interest of your existing shareholders, it's a highly moral act and the people who are criticizing it are bonkers.\"</p><p>—</p><p>Low interest rates have catalyzed a surge in valuations across equities, giving those who invest in the markets an opportunity to create wealth, Munger said during the Berkshire Hathaway question and answer segment.</p><p>\"I think one consequence of this present situation is, Bernie Sanders has basically won,\" Munger says. \"Because with everything boomed out so high and interest rates so low, what's going to happen is, the millennial generation is going to have a hell of a time getting rich compared to our generation ... He did it by accident, but he won.\"</p><p>\"And so the difference between the difference between the rich and the poor in the generation that's rising is going to be a lot less,\" he added. \"So Bernie has won.\"</p><p>—</p><p>Buffett received a question around special purpose acquisition companies, or blank-check companies, which have become a hugely popular means for firms to go public over the past year.</p><p>\"The SPACs generally have to spend their money in two years, as I understand it. If you have to buy a business in two years, you put a gun to my head and said you've got to buy a business in two years, I'd buy one but it wouldn't be much of one,\" Buffett.</p><p>\"If you're running money from somebody else and you get a fee and you get the upside and you don't have the downside, you're going to buy something,\" he added. \"And frankly we're not competitive with that.\"</p><p>\"It's an exaggerated version of what we've seen in kind of a gambling-type market,\" he added.</p><p>—</p><p>Buffett conceded that selling some of Apple's stock in 2020 was \"probably a mistake,\" with shares rising even further this year following the tech-led 2020 in the markets.</p><p>\"The brand and the product — it's an incredible product,\" Buffett said of Apple. \"It is indispensable to people.\"</p><p>\"I sold some stock last year, although our shareholders still saw their shares go up because we repurchased shares,\" he added. \"But that was probably a mistake.\"</p><p>Berkshire owned 907,559,761 shares of Appleas of the end of December for a total market value of $120.4 billion. By contrast, the firm spent just $31 billion accumulating this stake since late 2016.</p><p>—</p><p>A shareholder directed a question to Ajit Jain and Greg Abel asking about the relationship the two likely next leaders of Berkshire Hathaway have with one another, given how iconic the relationship between Warren Buffett and Charlie Munger has been over the course of the company's history.</p><p>\"There's no question the relationship Warren has with Charlie is unique,\" Jain said. \"It's not going to be duplicated, certainly not by me and Greg. I can't think of anybody that can duplicate it.\"</p><p>\"I certainly have a lot of respect, both at a professional level and personal level, in terms of what Greg's abilities are,\" Jain added. \"We do not interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective decision.\"</p><p>\"Even though the interaction may be different than say how Warren and Charlie do it ... we make sure we're always following up with each other but it goes beyond that,\" Abel said. \"Ajit has a great understanding of the Berkshire culture. I strongly believe I do too.\"</p><p>—</p><p>One shareholder asked Buffett about Berkshire's decision to invest in the oil and gas industry, and queried whether we might have \"build our own unrealistic consensus on the pace of change\" to clean energy solutions. Buffett defended the company's investment in the industry and in Chevron specifically, whichwas a relatively recent investment for the firm.</p><p>\"I would say that people are on the extremes of both sides are a little nuts. I would hate to have all the hydrocarbons banned in three years,\" Buffett said. \"You wouldn't want a world — it wouldn't work. And on the other hand, what's happening will be adapted to over time just as we've adapted to all kinds of things.\"</p><p>\"We have no problem owning Costco or Walmart and a substantial number of their stores. And they sell cigarettes, it's a big item,\" he added as an analogy. \"It's a very tough situation ... It's a very tough time to decide what companies benefit societies more than others.\"</p><p>\"I don't like making the moral judgments on stocks in terms of actually running the businesses, but there's something about every business that you knew that you wouldn't like,\" he added. \"If you expect perfection in your spouse or in your friends or in companies you're not going to find it.\"</p><p>\"Chevron is not an evil company in the least, and I have no compunction about owning it in the least, about owning Chevron,\" Buffett concluded. \"And if we owned the entire business I would not feel uncomfortable about being in that business.\"</p><p>Answering a subsequent question about the Berkshire board of directors' recommendation to voteagainst reporting climate-related risks, Munger added, \"I don't know we know the answer to all these questions about global warming.\"</p><p>\"The people who ask the questions think they know the answer. We're just more modest.\"</p><p>—</p><p>Most investors would benefit from simply purchasing an S&amp;P 500 index fund over the long run rather than picking individual stocks, even including Berkshire Hathaway, Buffett said during the question-and-answer session Saturday.</p><p>\"I recommend the S&amp;P 500 index fund … I’ve never recommended Berkshire to anybody because I don’t want people to buy it because they think I’m tipping them into something,\" he said. \"On my death there's a fund for my then-widow and 90% will go into an S&amp;P 500 index fund.\"</p><p>\"I do not think the average person can pick stocks,\" he added. \"We happen to have a large group of people that didn't pick stocks but they picked Charlie and me to manage money for them 50, 60 years ago. So we have a very unusual group of shareholders I think who look at Berkshire as a lifetime savings vehicle and one that they don’t have to think about and one that they'll, you know, they don't look at it again for 10 to 20 years.\"</p><p>Charlie Munger, on the other hand, had a different perspective.</p><p>\"I personally prefer holding Berkshire to holding the market,\" he said in response to the same question. \"I’m quite comfortable holding Berkshire. I think our businesses are better than the average in the market.\"</p><p>—</p><p>Buffett reiterated a staunchly supportive stance of U.S. corporations and capitalism in his opening remarks, highlighting that five of the six largest companies in the world by market capitalization currently comprise domestic companies. Those five companies are Apple, Microsoft, Amazon, Alphabet and Facebook, with only Saudi Aramco of Saudi Arabia coming in as a non-U.S. mega-cap company in the top six.</p><p>But only a couple hundred years ago, the U.S. looked like the underdog.</p><p>\"In 1790 we had one-half of 1% of the world's population,\" Buffett said. \"600,000 of them were slaves. Ireland had more people than the United States had. Russia had five times as many people. Ukraine had twice as many people.\"</p><p>\"But here we were. What did we have? We had a map for the future, an aspirational map that somehow now only 232 years later, leaves us with five of the top six companies in the world,\" he said. \"It's not an accident. And it's not because we were way smarter, way stronger or anything of the sort. We had good soil, decent climate, but so did some of the other countries I named. This system has worked very well.\"</p><p>—</p><p>In opening remarks at the start of Berkshire Hathaway's annual shareholder meeting, Buffett credited the U.S. economic recovery from the COVID-19 crisis toswift action by the Federal Reserve and Congress.</p><p>\"The economy went off a cliff in March. It was resurrected in an extraordinarily effective way by Federal Reserve action and later on the fiscal front by Congress,\" Buffett said in opening remarks at Berkshire's annual shareholder meeting.\"</p><p>He added that Berkshire Hathaway's own business has picked up tremendously alongside the broader economy, and suggested businesses like airlines were still among those most deeply affected by lingering effects from the pandemic.</p><p>\"Our businesses have done really quite well. This has been a very, very, very unusual recession in that it's been localized ... to an extraordinary extent. Right now business is really very good in a great many segments of the economy,\" he added. \"But there's still problems if you're in a few types of businesses that have been decimated such as international air travel or something of the sort.\"</p><p>—</p><p>The CEO of See's Candies, one of the longstanding companies owned by Berkshire Hathaway, told Yahoo Finance that the companyhas seen a strong rebound at the start of 2021. However, last year, business virtually ground to a halt.</p><p>\"This has been the longest decade of my life. We've been through a lot. Last year – it's a tale of a couple of different quarters. The first quarter was tremendous,\" See's Candies CEO Pat Egan said in an interview with Yahoo Finance's Julia La Roche ahead of the start of Berkshire's annual shareholder meeting. \"In the middle of March, when this [pandemic] really hit, we shut down all of our stores in a span of five days. So about 245 stores we closed in a matter of days. And then about a week and a half later, we closed our e-commerce fulfillment center down in Southern California. So for a period of time there, we essentially completely stopped.\"</p><p>\"We just said, we're not going to reopen stores or reopen plants until we can create a safe operating environment for our employees,\" he added. \"That took a while, and by the time we restored over the summer we saw customers coming back in. But for that period of time, it was pretty rough.\"</p><p>See's Candies just completed its \"best first quarter ever\" at the start of 2021, Egan added.</p><p>—</p><p>Berkshire Hathawayreported first-quarter results Saturday morning, underscoring arebound in profits across the firm's businesses amid the COVID-19 recovery. Berkshire also reported that it conducted another $6.6 billion of stock buybacks, extending its ramped-up share repurchase program from 2020.</p><p>Operating income during the first three months of the year increased to $7.02 billion, rising 19.5% compared to the $5.87 billion posted in the first quarter of 2020. Net earnings attributable to Berkshire shareholders swung back to a profit of $11.71 billion, compared to a loss of $49.75 billion in the same quarter last year.</p><p>Consolidated shareholders' equity rose by $4.8 billion to $448 billion by the end of March compared to the fourth quarter of 2020.</p><p><a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata={&quot;liveId&quot;:&quot;16196040827650&quot;}\" target=\"_blank\">If you want to watch the full live video, please click here.</a></p>","source":"yahoofinance_sg","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>Berkshire Hathaway Annual Meeting 2021: Highlights and storylines</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\">\nBerkshire Hathaway Annual Meeting 2021: Highlights and storylines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-02 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50><strong>Tiger Newspress</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.Playback Live Here！In an hours-...</p>\n\n<a href=\"https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔"},"source_url":"https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103106179","content_text":"Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.Playback Live Here！In an hours-long event, the investing legend fielded questions on Berkshire's business and investment decisions,offered advice for first-time investorsand touted the strength of American corporations in a characteristically optimistic tone.Buffett nodded to the Federal Reserveand Congress for their swift response to the COVID-19 crisis, and underscored the rebound in the U.S. economy. And the Oracle of Omaha also addressed the recent rise in retail trading andonline brokerage firmslike Robinhood,the rally in bitcoinand the boom in SPAC mergers.In many ways, this year's meeting looked different from those in the past. The annual event took placein a hotel conference room in Los Angelesrather than in an arena in Omaha, Nebraska, due to the ongoing pandemic.Buffett's long-time business partner Charlie Munger also returned onstage this year to co-lead the event, after sitting out last year because of the pandemic. And in a new move, Buffett and Munger were joined by Berkshire's Vice Chairmen Gregory Abel and Ajit Jain,in a signal of potential succession plans at the company.Here were some of the highlights from the event.—Buffett said Berkshire Hathaway is seeing signs of rising price pressures during the COVID-19 recovery, corroborating many market participants' concerns about increasing inflationary pressures.\"We're seeing substantial inflation. We're raising prices, people are raising prices to us. And it's being accepted,\" Buffett said. \"We really do a lot of housing. The costs are just up, up, up. Steel costs. You know, just every day they're going up.\"\"It's an economy – really, it's red hot. And we weren't expecting it,\" he added.—Buffett said trading apps like Robinhoodhave contributed to the \"casino aspect\" of the stock market as of late, exploiting individuals' inclinations to gamble.“It’s become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year, year and a half,\" Buffett said of Robinhood. \"There’s nothing, you know, there’s nothing illegal about it, there’s nothing immoral. But I don’t think you’d build a society around people doing it.\"\"I think the degree to which a very rich society can reward people who know how to take advantage, essentially, of the gambling instincts of the American public, the worldwide public – it’s not the most admirable part of the accomplishment,\" Buffett added. \"But I think what America has accomplished is pretty admirable overall. And I think actually American corporations have turned out to be a wonderful place for people to put their money and save. But they also make terrific gambling chips, and if you cater to those gambling chips when people have money in their pocket for the first time and you tell them take my 30 or 40 or 50 trades a day and you’re not charging commission ... I hope we don’t have more of it.”—Buffett explained that Berkshire's move to unload many of its bank shares last year was not due to a lack of confidence in the banking industry, but more a decision to re-balance the portfolio and avoid being too heavily tilted toward one area.\"I like banks generally, I just didn't like the proportion compared to the possible risk,\" Buffett said. \"We were over 10% of Bank of America. It's a real pain in the neck, more to the banks than us.\"Berkshire held 1,032,952,006 shares of Bank of America as of the end of 2020, after adding 85.1 million shares in the third quarter alone. This gave Berkshire Hathaway an ownership stake of 11.9%. Berkshire cut its holdings of Wells Fargo from 345.7 million shares at year-end 2019 to 52.4 million by year-end 2020, and completely exited its holdings in JPMorgan Chase (JPM) and M&T Bank Corp (MTB).\"The banking business is way better than it was in the United States 10 or 15 years ago,\" he added. \"The banking business around the world in various places might worry me, but our banks are in far, far better shape than 10 or 15 years ago.\"—A shareholder asked Jain, who leads Berkshire's insurance business, whether he would be hypothetically willing to write an insurance policy for SpaceX founder Elon Musk for his proposed colonization of Mars.\"This is an easy one. No thank you, I’ll pass,\" Jain said.“Well I would say it would depend on the premium,” Buffett interjected with a laugh. \"And I would say that I would probably have a somewhat different rate if Elon was on board or not on board. It makes a difference if someone is asking to insure something.”—Warren Buffett declined to directly offer an opinion in response to a question on bitcoin, an assethe previously likened to \"rat poison squared.\"\"I knew there’d be a question on bitcoin or crypto and I thought to myself well, I watch these politicians dodge questions all the time … The truth is, I’m going to dodge that question,\" Buffett said. \"Because the truth is, we’ve probably got hundreds of thousands of people that are watching this that own bitcoin. And we’ve probably got two people that are short. So we’ve got a choice of making 400,000 people mad at us and unhappy, and making two people happy. And it’s just a dumb equation.\"Munger, however, issued a more direct attack.\"Those who know me well are just waving the red flag at the bull. Of course I hate the bitcoin success,\" he said. \"And I don’t welcome a currency that’s so useful kidnappers and extortionists and so forth. Nor do I like shoveling out a few extra billions and billions and billions of dollars to somebody who just invented a new financial product out of thin air. So I think I should say modestly that the whole damn development is disgusting and contrary to the interest of civilization.\"—Both Buffett and Munger issued strong words of support for share repurchases, especially after Berkshire reported repurchasing an additional $6.6 billion in stock in the first three months of 2021.\"They're a way, essentially, of distributing the cash to the people that want the cash when other co-owners mostly want you to reinvest,\" Buffett said. \"It's a savings vehicle.\"\"I find it almost impossible to believe some of the arguments that are made that it's terrible to repurchase shares from a partner if they want to get out of something, and you're able to do it at prices that are advantages to the people that are staying,\" Buffett said. \"And it helps slightly the person that wants out.\"Munger offered a similar view.\"You're repurchasing stock. Just a bullet higher, it's deeply immoral,\" Munger said. \"But if you're repurchasing stock because it's a fair thing to do in the interest of your existing shareholders, it's a highly moral act and the people who are criticizing it are bonkers.\"—Low interest rates have catalyzed a surge in valuations across equities, giving those who invest in the markets an opportunity to create wealth, Munger said during the Berkshire Hathaway question and answer segment.\"I think one consequence of this present situation is, Bernie Sanders has basically won,\" Munger says. \"Because with everything boomed out so high and interest rates so low, what's going to happen is, the millennial generation is going to have a hell of a time getting rich compared to our generation ... He did it by accident, but he won.\"\"And so the difference between the difference between the rich and the poor in the generation that's rising is going to be a lot less,\" he added. \"So Bernie has won.\"—Buffett received a question around special purpose acquisition companies, or blank-check companies, which have become a hugely popular means for firms to go public over the past year.\"The SPACs generally have to spend their money in two years, as I understand it. If you have to buy a business in two years, you put a gun to my head and said you've got to buy a business in two years, I'd buy one but it wouldn't be much of one,\" Buffett.\"If you're running money from somebody else and you get a fee and you get the upside and you don't have the downside, you're going to buy something,\" he added. \"And frankly we're not competitive with that.\"\"It's an exaggerated version of what we've seen in kind of a gambling-type market,\" he added.—Buffett conceded that selling some of Apple's stock in 2020 was \"probably a mistake,\" with shares rising even further this year following the tech-led 2020 in the markets.\"The brand and the product — it's an incredible product,\" Buffett said of Apple. \"It is indispensable to people.\"\"I sold some stock last year, although our shareholders still saw their shares go up because we repurchased shares,\" he added. \"But that was probably a mistake.\"Berkshire owned 907,559,761 shares of Appleas of the end of December for a total market value of $120.4 billion. By contrast, the firm spent just $31 billion accumulating this stake since late 2016.—A shareholder directed a question to Ajit Jain and Greg Abel asking about the relationship the two likely next leaders of Berkshire Hathaway have with one another, given how iconic the relationship between Warren Buffett and Charlie Munger has been over the course of the company's history.\"There's no question the relationship Warren has with Charlie is unique,\" Jain said. \"It's not going to be duplicated, certainly not by me and Greg. I can't think of anybody that can duplicate it.\"\"I certainly have a lot of respect, both at a professional level and personal level, in terms of what Greg's abilities are,\" Jain added. \"We do not interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective decision.\"\"Even though the interaction may be different than say how Warren and Charlie do it ... we make sure we're always following up with each other but it goes beyond that,\" Abel said. \"Ajit has a great understanding of the Berkshire culture. I strongly believe I do too.\"—One shareholder asked Buffett about Berkshire's decision to invest in the oil and gas industry, and queried whether we might have \"build our own unrealistic consensus on the pace of change\" to clean energy solutions. Buffett defended the company's investment in the industry and in Chevron specifically, whichwas a relatively recent investment for the firm.\"I would say that people are on the extremes of both sides are a little nuts. I would hate to have all the hydrocarbons banned in three years,\" Buffett said. \"You wouldn't want a world — it wouldn't work. And on the other hand, what's happening will be adapted to over time just as we've adapted to all kinds of things.\"\"We have no problem owning Costco or Walmart and a substantial number of their stores. And they sell cigarettes, it's a big item,\" he added as an analogy. \"It's a very tough situation ... It's a very tough time to decide what companies benefit societies more than others.\"\"I don't like making the moral judgments on stocks in terms of actually running the businesses, but there's something about every business that you knew that you wouldn't like,\" he added. \"If you expect perfection in your spouse or in your friends or in companies you're not going to find it.\"\"Chevron is not an evil company in the least, and I have no compunction about owning it in the least, about owning Chevron,\" Buffett concluded. \"And if we owned the entire business I would not feel uncomfortable about being in that business.\"Answering a subsequent question about the Berkshire board of directors' recommendation to voteagainst reporting climate-related risks, Munger added, \"I don't know we know the answer to all these questions about global warming.\"\"The people who ask the questions think they know the answer. We're just more modest.\"—Most investors would benefit from simply purchasing an S&P 500 index fund over the long run rather than picking individual stocks, even including Berkshire Hathaway, Buffett said during the question-and-answer session Saturday.\"I recommend the S&P 500 index fund … I’ve never recommended Berkshire to anybody because I don’t want people to buy it because they think I’m tipping them into something,\" he said. \"On my death there's a fund for my then-widow and 90% will go into an S&P 500 index fund.\"\"I do not think the average person can pick stocks,\" he added. \"We happen to have a large group of people that didn't pick stocks but they picked Charlie and me to manage money for them 50, 60 years ago. So we have a very unusual group of shareholders I think who look at Berkshire as a lifetime savings vehicle and one that they don’t have to think about and one that they'll, you know, they don't look at it again for 10 to 20 years.\"Charlie Munger, on the other hand, had a different perspective.\"I personally prefer holding Berkshire to holding the market,\" he said in response to the same question. \"I’m quite comfortable holding Berkshire. I think our businesses are better than the average in the market.\"—Buffett reiterated a staunchly supportive stance of U.S. corporations and capitalism in his opening remarks, highlighting that five of the six largest companies in the world by market capitalization currently comprise domestic companies. Those five companies are Apple, Microsoft, Amazon, Alphabet and Facebook, with only Saudi Aramco of Saudi Arabia coming in as a non-U.S. mega-cap company in the top six.But only a couple hundred years ago, the U.S. looked like the underdog.\"In 1790 we had one-half of 1% of the world's population,\" Buffett said. \"600,000 of them were slaves. Ireland had more people than the United States had. Russia had five times as many people. Ukraine had twice as many people.\"\"But here we were. What did we have? We had a map for the future, an aspirational map that somehow now only 232 years later, leaves us with five of the top six companies in the world,\" he said. \"It's not an accident. And it's not because we were way smarter, way stronger or anything of the sort. We had good soil, decent climate, but so did some of the other countries I named. This system has worked very well.\"—In opening remarks at the start of Berkshire Hathaway's annual shareholder meeting, Buffett credited the U.S. economic recovery from the COVID-19 crisis toswift action by the Federal Reserve and Congress.\"The economy went off a cliff in March. It was resurrected in an extraordinarily effective way by Federal Reserve action and later on the fiscal front by Congress,\" Buffett said in opening remarks at Berkshire's annual shareholder meeting.\"He added that Berkshire Hathaway's own business has picked up tremendously alongside the broader economy, and suggested businesses like airlines were still among those most deeply affected by lingering effects from the pandemic.\"Our businesses have done really quite well. This has been a very, very, very unusual recession in that it's been localized ... to an extraordinary extent. Right now business is really very good in a great many segments of the economy,\" he added. \"But there's still problems if you're in a few types of businesses that have been decimated such as international air travel or something of the sort.\"—The CEO of See's Candies, one of the longstanding companies owned by Berkshire Hathaway, told Yahoo Finance that the companyhas seen a strong rebound at the start of 2021. However, last year, business virtually ground to a halt.\"This has been the longest decade of my life. We've been through a lot. Last year – it's a tale of a couple of different quarters. The first quarter was tremendous,\" See's Candies CEO Pat Egan said in an interview with Yahoo Finance's Julia La Roche ahead of the start of Berkshire's annual shareholder meeting. \"In the middle of March, when this [pandemic] really hit, we shut down all of our stores in a span of five days. So about 245 stores we closed in a matter of days. And then about a week and a half later, we closed our e-commerce fulfillment center down in Southern California. So for a period of time there, we essentially completely stopped.\"\"We just said, we're not going to reopen stores or reopen plants until we can create a safe operating environment for our employees,\" he added. \"That took a while, and by the time we restored over the summer we saw customers coming back in. But for that period of time, it was pretty rough.\"See's Candies just completed its \"best first quarter ever\" at the start of 2021, Egan added.—Berkshire Hathawayreported first-quarter results Saturday morning, underscoring arebound in profits across the firm's businesses amid the COVID-19 recovery. Berkshire also reported that it conducted another $6.6 billion of stock buybacks, extending its ramped-up share repurchase program from 2020.Operating income during the first three months of the year increased to $7.02 billion, rising 19.5% compared to the $5.87 billion posted in the first quarter of 2020. Net earnings attributable to Berkshire shareholders swung back to a profit of $11.71 billion, compared to a loss of $49.75 billion in the same quarter last year.Consolidated shareholders' equity rose by $4.8 billion to $448 billion by the end of March compared to the fourth quarter of 2020.If you want to watch the full live video, please click here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341427410,"gmtCreate":1617848758830,"gmtModify":1704703901735,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Let’s go stonks ??","listText":"Let’s go stonks ??","text":"Let’s go stonks ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/341427410","repostId":"2125726223","repostType":4,"repost":{"id":"2125726223","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":1617826841,"share":"https://ttm.financial/m/news/2125726223?lang=&edition=fundamental","pubTime":"2021-04-08 04:20","market":"us","language":"en","title":"US STOCKS-S&P closes slightly higher after Fed minutes feed stable rate view","url":"https://stock-news.laohu8.com/highlight/detail?id=2125726223","media":"Reuters","summary":"Prison operator GEO tumbles on dividend suspension\"Some time\" before substantial progress seen on go","content":"<ul><li>Prison operator GEO tumbles on dividend suspension</li><li>\"Some time\" before substantial progress seen on goals - Fed</li><li>Growth stocks outperform value</li><li>Dow up 0.05%, S&amp;P 500 up 0.15%, Nasdaq down 0.07%</li></ul><p>NEW YORK, April 7 (Reuters) - Major averages hovered near unchanged on Wednesday, with the S&amp;P 500 closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.</p><p>The major indexes held near unchanged for most of the day but the S&amp;P 500 briefly climbed to a session high after the minutes, in which Fed officials said it would likely take \"some time\" for substantial further progress on goals of maximum employment and stable prices.</p><p>The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike.</p><p>\"We thought we were going to get something new from the minutes of the Fed meeting, we were oddly mistaken on that <a href=\"https://laohu8.com/S/AONE\">one</a>,\" said Art Hogan, chief market strategist at National Securities in New York.</p><p>\"The Fed has been more transparent all of this year about where they stand and they really are not budging from that stance.\"</p><p>The yield on the benchmark 10-year U.S. Treasury note</p><p>moved higher late in the session, yet remained below a 14-month high of 1.776% hit on March 30. The recent pullback in yields has helped growth names and lifted technology</p><p>and communication services    stocks as the best performing sectors on the day.</p><p>The Dow Jones Industrial Average    rose 16.02 points, or 0.05%, to 33,446.26, the S&amp;P 500    gained 6.01 points, or 0.15%, to 4,079.95 and the Nasdaq Composite    dropped 9.54 points, or 0.07%, to 13,688.84.</p><p>Value stocks, which include economically sensitive sectors such as materials    and industrials   , maintain a strong lead this year over their growth counterparts, dominantly tech-related firms.</p><p>However, a resurgence in demand for tech stocks in recent sessions amid renewed restrictions in Canada and parts of Europe has raised questions over the longevity of the value trade.</p><p>Growth stocks, up 0.28%, outperformed value shares, which were down 0.16% during the session.</p><p>The upcoming earnings season and progress in a multitrillion-dollar infrastructure proposal could decide Wall Street's path forward.</p><p>Analysts have raised expectations for first-quarter S&amp;P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5.</p><p>But the sharp run up in earnings expectations could leave the market primed for disappointment.</p><p>JPMorgan Chase &amp; Co  Chief Executive Officer Jamie Dimon said the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.</p><p>Prison operator GEO Group    fell 20.38% after suspending quarterly dividend payments.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 63 new highs and 34 new lows.</p><p>Volume on U.S. exchanges was 9.41 billion shares, the third straight session marking the lowest daily volume of the year, compared with the 12.16 billion average for the full session over the last 20 trading days.</p><p>(Reporting by Chuck Mikolajczak; Editing by David Gregorio)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P closes slightly higher after Fed minutes feed stable rate view</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-S&P closes slightly higher after Fed minutes feed stable rate view\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\">2021-04-08 04:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Prison operator GEO tumbles on dividend suspension</li><li>\"Some time\" before substantial progress seen on goals - Fed</li><li>Growth stocks outperform value</li><li>Dow up 0.05%, S&amp;P 500 up 0.15%, Nasdaq down 0.07%</li></ul><p>NEW YORK, April 7 (Reuters) - Major averages hovered near unchanged on Wednesday, with the S&amp;P 500 closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.</p><p>The major indexes held near unchanged for most of the day but the S&amp;P 500 briefly climbed to a session high after the minutes, in which Fed officials said it would likely take \"some time\" for substantial further progress on goals of maximum employment and stable prices.</p><p>The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike.</p><p>\"We thought we were going to get something new from the minutes of the Fed meeting, we were oddly mistaken on that <a href=\"https://laohu8.com/S/AONE\">one</a>,\" said Art Hogan, chief market strategist at National Securities in New York.</p><p>\"The Fed has been more transparent all of this year about where they stand and they really are not budging from that stance.\"</p><p>The yield on the benchmark 10-year U.S. Treasury note</p><p>moved higher late in the session, yet remained below a 14-month high of 1.776% hit on March 30. The recent pullback in yields has helped growth names and lifted technology</p><p>and communication services    stocks as the best performing sectors on the day.</p><p>The Dow Jones Industrial Average    rose 16.02 points, or 0.05%, to 33,446.26, the S&amp;P 500    gained 6.01 points, or 0.15%, to 4,079.95 and the Nasdaq Composite    dropped 9.54 points, or 0.07%, to 13,688.84.</p><p>Value stocks, which include economically sensitive sectors such as materials    and industrials   , maintain a strong lead this year over their growth counterparts, dominantly tech-related firms.</p><p>However, a resurgence in demand for tech stocks in recent sessions amid renewed restrictions in Canada and parts of Europe has raised questions over the longevity of the value trade.</p><p>Growth stocks, up 0.28%, outperformed value shares, which were down 0.16% during the session.</p><p>The upcoming earnings season and progress in a multitrillion-dollar infrastructure proposal could decide Wall Street's path forward.</p><p>Analysts have raised expectations for first-quarter S&amp;P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5.</p><p>But the sharp run up in earnings expectations could leave the market primed for disappointment.</p><p>JPMorgan Chase &amp; Co  Chief Executive Officer Jamie Dimon said the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.</p><p>Prison operator GEO Group    fell 20.38% after suspending quarterly dividend payments.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 63 new highs and 34 new lows.</p><p>Volume on U.S. exchanges was 9.41 billion shares, the third straight session marking the lowest daily volume of the year, compared with the 12.16 billion average for the full session over the last 20 trading days.</p><p>(Reporting by Chuck Mikolajczak; Editing by David Gregorio)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","JPM":"摩根大通","DJX":"1/100道琼斯","SDS":"两倍做空标普500ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","QLD":"纳指两倍做多ETF","TQQQ":"纳指三倍做多ETF","DXD":"道指两倍做空ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","DDM":"道指两倍做多ETF","SPXU":"三倍做空标普500ETF","QID":"纳指两倍做空ETF","SQQQ":"纳指三倍做空ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","OEX":"标普100","SPY":"标普500ETF",".SPX":"S&P 500 Index","WIW":"Western Asset/Claymore Inf-Lkd O","GEO":"GEO惩教集团","QQQ":"纳指100ETF","SDOW":"道指三倍做空ETF-ProShares","OEF":"标普100指数ETF-iShares","PSQ":"纳指反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125726223","content_text":"Prison operator GEO tumbles on dividend suspension\"Some time\" before substantial progress seen on goals - FedGrowth stocks outperform valueDow up 0.05%, S&P 500 up 0.15%, Nasdaq down 0.07%NEW YORK, April 7 (Reuters) - Major averages hovered near unchanged on Wednesday, with the S&P 500 closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.The major indexes held near unchanged for most of the day but the S&P 500 briefly climbed to a session high after the minutes, in which Fed officials said it would likely take \"some time\" for substantial further progress on goals of maximum employment and stable prices.The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike.\"We thought we were going to get something new from the minutes of the Fed meeting, we were oddly mistaken on that one,\" said Art Hogan, chief market strategist at National Securities in New York.\"The Fed has been more transparent all of this year about where they stand and they really are not budging from that stance.\"The yield on the benchmark 10-year U.S. Treasury notemoved higher late in the session, yet remained below a 14-month high of 1.776% hit on March 30. The recent pullback in yields has helped growth names and lifted technologyand communication services    stocks as the best performing sectors on the day.The Dow Jones Industrial Average    rose 16.02 points, or 0.05%, to 33,446.26, the S&P 500    gained 6.01 points, or 0.15%, to 4,079.95 and the Nasdaq Composite    dropped 9.54 points, or 0.07%, to 13,688.84.Value stocks, which include economically sensitive sectors such as materials    and industrials   , maintain a strong lead this year over their growth counterparts, dominantly tech-related firms.However, a resurgence in demand for tech stocks in recent sessions amid renewed restrictions in Canada and parts of Europe has raised questions over the longevity of the value trade.Growth stocks, up 0.28%, outperformed value shares, which were down 0.16% during the session.The upcoming earnings season and progress in a multitrillion-dollar infrastructure proposal could decide Wall Street's path forward.Analysts have raised expectations for first-quarter S&P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5.But the sharp run up in earnings expectations could leave the market primed for disappointment.JPMorgan Chase & Co  Chief Executive Officer Jamie Dimon said the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.Prison operator GEO Group    fell 20.38% after suspending quarterly dividend payments.Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored decliners.The S&P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 63 new highs and 34 new lows.Volume on U.S. exchanges was 9.41 billion shares, the third straight session marking the lowest daily volume of the year, compared with the 12.16 billion average for the full session over the last 20 trading days.(Reporting by Chuck Mikolajczak; Editing by David Gregorio)","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340112427,"gmtCreate":1617354989069,"gmtModify":1704699124254,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Rocket rocket","listText":"Rocket rocket","text":"Rocket rocket","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/340112427","repostId":"1172466586","repostType":4,"repost":{"id":"1172466586","pubTimestamp":1617352475,"share":"https://ttm.financial/m/news/1172466586?lang=&edition=fundamental","pubTime":"2021-04-02 16:34","market":"us","language":"en","title":"UXIN Stock: Why Little-Known Uxin Is Skyrocketing","url":"https://stock-news.laohu8.com/highlight/detail?id=1172466586","media":"investorplace","summary":"The novel coronavirus is continuing to reveal to us industries that win out when consumers are stuck","content":"<p>The novel coronavirus is continuing to reveal to us industries that win out when consumers are stuck at home. Theonline used car sales industry is one of those winners. And, some recent news is elevating new industry player&nbsp;<b>Uxin</b>(NASDAQ:<b>UXIN</b>) stock to new heights.</p><p>Some skepticism has followed the used car market. Much of the car buying process has relied on buyer inspection. However, despite this skepticism, the industry has grown impressively. And with the coronavirus pandemic shutting in many car buyers, the turn to online options was obvious and natural. By the end of 2020, the industry was seeing millions of transactions.</p><p>Uxinis a Chinese-based company that provides an online platform for these used car transactions. Think of it as China’s<b>Carvana</b>(NYSE:<b>CVNA</b>). Unlike Carvana, however, Uxin is a more volatile option. The company’s market capitalization is extremely small under $600 million.</p><p>The volatile nature of this penny stock does worry investors. But, its Thursday announcement has been sending shares rocketing in value. The company has made publicits entry into a binding term sheet with two major Asian investment firms.</p><p>The names of the firms are not yet public. What we do know is that if a definitive agreement is reached between the firms and the company, Uxin is looking at a $300 million investment.</p><p>UXIN Stock Rockets After Announcement</p><p>The news has huge implications for Uxin. An investment of this magnitude can do a lot to bring the company out of its small-time mystique and into the spotlight.</p><p>The announcement has triggered immediate positive response for the company. UXIN stock has soared today, and shares are currently up by over 50%. Likewise, trading volume is up quite a bit, with 191 million shares traded compared to its average 5 million.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UXIN Stock: Why Little-Known Uxin Is Skyrocketing</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\">\nUXIN Stock: Why Little-Known Uxin Is Skyrocketing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 16:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/uxin-stock-why-little-known-uxin-is-skyrocketing-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The novel coronavirus is continuing to reveal to us industries that win out when consumers are stuck at home. Theonline used car sales industry is one of those winners. And, some recent news is ...</p>\n\n<a href=\"https://investorplace.com/2021/04/uxin-stock-why-little-known-uxin-is-skyrocketing-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UXIN":"优信"},"source_url":"https://investorplace.com/2021/04/uxin-stock-why-little-known-uxin-is-skyrocketing-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172466586","content_text":"The novel coronavirus is continuing to reveal to us industries that win out when consumers are stuck at home. Theonline used car sales industry is one of those winners. And, some recent news is elevating new industry player Uxin(NASDAQ:UXIN) stock to new heights.Some skepticism has followed the used car market. Much of the car buying process has relied on buyer inspection. However, despite this skepticism, the industry has grown impressively. And with the coronavirus pandemic shutting in many car buyers, the turn to online options was obvious and natural. By the end of 2020, the industry was seeing millions of transactions.Uxinis a Chinese-based company that provides an online platform for these used car transactions. Think of it as China’sCarvana(NYSE:CVNA). Unlike Carvana, however, Uxin is a more volatile option. The company’s market capitalization is extremely small under $600 million.The volatile nature of this penny stock does worry investors. But, its Thursday announcement has been sending shares rocketing in value. The company has made publicits entry into a binding term sheet with two major Asian investment firms.The names of the firms are not yet public. What we do know is that if a definitive agreement is reached between the firms and the company, Uxin is looking at a $300 million investment.UXIN Stock Rockets After AnnouncementThe news has huge implications for Uxin. An investment of this magnitude can do a lot to bring the company out of its small-time mystique and into the spotlight.The announcement has triggered immediate positive response for the company. UXIN stock has soared today, and shares are currently up by over 50%. Likewise, trading volume is up quite a bit, with 191 million shares traded compared to its average 5 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076551118,"gmtCreate":1657875000534,"gmtModify":1676536075999,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Might as well say $800","listText":"Might as well say $800","text":"Might as well say $800","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076551118","repostId":"1124443778","repostType":2,"repost":{"id":"1124443778","pubTimestamp":1657874217,"share":"https://ttm.financial/m/news/1124443778?lang=&edition=fundamental","pubTime":"2022-07-15 16:36","market":"us","language":"en","title":"META Stock Could Surge to $466, Says Tigress Financial","url":"https://stock-news.laohu8.com/highlight/detail?id=1124443778","media":"TipRanks","summary":"Story HighlightsKey metrics and qualitative theory support Tigress Financial’s bullish claim on Meta","content":"<div>\n<p>Story HighlightsKey metrics and qualitative theory support Tigress Financial’s bullish claim on Meta Platforms. If market efficiency holds, the stock could gain considerable value.Financial research ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/meta-stock-could-surge-to-466-says-tigress-financial/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>META Stock Could Surge to $466, Says Tigress Financial</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\">\nMETA Stock Could Surge to $466, Says Tigress Financial\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 16:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/meta-stock-could-surge-to-466-says-tigress-financial/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsKey metrics and qualitative theory support Tigress Financial’s bullish claim on Meta Platforms. If market efficiency holds, the stock could gain considerable value.Financial research ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/meta-stock-could-surge-to-466-says-tigress-financial/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.tipranks.com/news/article/meta-stock-could-surge-to-466-says-tigress-financial/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124443778","content_text":"Story HighlightsKey metrics and qualitative theory support Tigress Financial’s bullish claim on Meta Platforms. If market efficiency holds, the stock could gain considerable value.Financial research firm Tigress financial released a bombshell with its bullish analysis on Meta Platforms (META), stating that the stock might surge to $466, which implies an increase of 195%.According to Tigress, Meta “remains well-positioned to benefit from the evolution of social commerce, commercial aspects, and future monetization potential of the Metaverse.”Tigress’ analysis provides a valuable juxtaposition to Needham’s Laura Martin, who recently downgraded META stock from Outperform to Hold.According to Martin: “We lower our estimates because we believe cost growth will far exceed revenue growth for the next two years.” In addition, Martin pointed out that Meta’s moat is diminishing, causing much concern for its stock.Although Martin’s argument should be considered, I’m bullish and support Tigress Financial’s stance on Meta stock; here’s why.Meta in the Current MarketBlackRock’s (BLK) iShares MSCI USA Quality Factor ETF (QUAL) has Meta as one of its primary holdings, meaning that Meta is considered a high-quality stock with a robust balance sheet, a flying income statement, and dominant market share.High-quality stocks such as Meta could be rare performers if a recession or stagflation had to occur because risk-aversion will likely cause the market’s liquidity to gravitate towards high-quality assets.Furthermore, Meta is a “best-in-class” asset, as its presence in the technology market can’t be doubted. For example, the firm’s illustrious net income margin of 31.2% illustrates its pricing and bargaining power, which could sustain the company’s investors’ value accumulation.Meta Platforms’ Earnings Prospects are BrightMeta’s first-quarter results revealed a 7% year-over-year revenue increase as family app daily activity across its platforms rose 6%, and its ad impressions on its family apps surged 15% year-over-year.According to the firm’s CEO and founder, Mark Zuckerberg: “We made progress this quarter across a number of key company priorities, and we remain confident in the long-term opportunities and growth that our product roadmap will unlock.”Despite its maturity, Meta is still considered a secular growth company, which is conveyed by its five-year revenue CAGR (compound annual growth rate) of 31.6%. Secular growth stocks tend to brush off economic headwinds, making them exceptionally lucrative investments during uncertain times.There’s been much concern that an economic contraction would dent Facebook’s advertising revenue as enterprise spending wanes. However, investors must bear in mind that the online advertising industry is expected to grow at a CAGR of about 11% from 2021-2026, according to a report from technavio.This categorizes it as a high-growth domain. Moreover, Facebook is projected to own 24.1% of the ad-selling industry by 2023, which suggests that its segment earnings could be non-cyclical.Lastly, Meta’s Beneish M-Score of -3.11 means that the firm is on the back of a period of conservative accounting practices. As such, Meta could likely surprise to the upside with a few of its following earnings releases.Valuation Metrics Suggest Meta is UndervaluedRelative valuation metrics suggest that Meta stock is undervalued. The stock’s price-to-earnings ratio (12.4x) trades at a 55% discount to its five-year average, implying that Meta stock is trading below its cyclical peak.Additionally, with a PEG ratio of 0.94x, the market underscores the company’s earnings-per-share growth, which leaves an earnings-driven value gap in play.Another aspect that supports the claim that Meta is undervalued is the firm’s cash flow statement. Meta’s levered free cash flow has surged by 102% in the past year, and its price-to-cash-flow ratio is at a 58.3% discount to its five-year average, substantiating a theory that the market underscores Meta’s cash-flow-generating abilities.Lastly, out of most of the big technology stocks, Meta seems the most reasonably priced if judged on its price-to-earnings ratio. Thus, it’s valid to conclude that the stock stacks up impressively from a peer-analysis vantage point.Wall Street’s Take on Meta PlatformsTurning to Wall Street, Meta Platforms earns a Moderate Buy consensus rating based on 29 Buys, seven Holds, and two Sell ratings assigned in the past three months. The average META stock price target of $265.86 implies 68.2% upside potential.Concluding Thoughts – Tigress Financial May be RightMeta has lost more than half of its market value since the turn of the year. However, the firm’s fundamentals remain robust and quantitative metrics suggest that it’s an undervalued stock. As such, Tigress Financial could be correct in predicting that the stock might surge soon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9015196417,"gmtCreate":1649435299785,"gmtModify":1676534512234,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Market manipulators at work again. \"Hard evidence\". Sure.","listText":"Market manipulators at work again. \"Hard evidence\". Sure.","text":"Market manipulators at work again. \"Hard evidence\". Sure.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015196417","repostId":"2226520585","repostType":2,"repost":{"id":"2226520585","pubTimestamp":1649437555,"share":"https://ttm.financial/m/news/2226520585?lang=&edition=fundamental","pubTime":"2022-04-09 01:05","market":"us","language":"en","title":"Nvidia, AMD lead chip decline as Truist finds 'hard evidence of order cuts'","url":"https://stock-news.laohu8.com/highlight/detail?id=2226520585","media":"seekingalpha","summary":"Antonio Bordunovi/iStock Editorial via Getty Images  Nvidia (NASDAQ:NVDA), Advanced Micro Devices (A","content":"<html><body><p><figure> <picture> <img height=\"1017px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1141488945/image_1141488945.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture> <figcaption><p>Antonio Bordunovi/iStock Editorial via Getty Images</p></figcaption> </figure></p> <p>Nvidia (<span>NASDAQ:NVDA</span>), Advanced Micro Devices (<a href=\"https://laohu8.com/S/AMD\">AMD</a>) and Broadcom (AVGO<span>) led declines across the semiconductor industry, as investment firm Truist slashed price targets across the board, telling investors it has found \"hard evidence of order cuts.\"</span></p> <p>Analyst William Stein said that he learned of a \"sudden negative shift\" in demand for a number of manufacturers, including those for computing, consumer and communications to \"some\" of their semiconductor suppliers.</p> <p>While first-quarter results are likely to remain strong for the semiconductor industry, and perhaps even second-quarter guidance, cracks are starting to form for the second-half of the year and 2023.</p> <p>Stein added that two of his industry contacts are seeing order cuts, with both saying that the cuts are related to second-quarter production, but second-half demand is still \"robust.\"</p> <p>\"While a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-off quarter adjustment is possible, we stick to the adage we developed while selling components during the tech bubble: 'today's push-out is tomorrow's cancel,'\" Stein wrote in a note to clients.</p> <p>Stein lowered his price targets across the board, including cutting Nvidia to $298 from $347, lowering AMD to $111 from $144 and dropping Intel to $49 from $53, citing lower earnings multiples.</p> <p>Nvidia (NVDA) shares <span>fell more than 3.5% to $233.52</span>, while AMD (AMD), Broadcom (AVGO) <span>fell more than 2%</span>. Other chip companies, such as Intel (INTC) and Texas Instruments (TXN) <span>declined less than 1%</span>.</p> <p>Stein noted that it's not yet clear what the reasoning is for the cuts, but it's important nonetheless. It could be the cuts are due to incomplete kits and a simple desire to balance inventory, while another view is that although demand is still strong, a temporary delay is starting to cause the cuts.</p> <p>The most bearish view would be that there is demand destruction taking place and when coupled with additional supply is leading to a chip glut and traditional downturn.</p> <p>\"We remain constructive on the structural growers Nvidia and <a href=\"https://laohu8.com/S/MPWR\">Monolithic Power Systems</a> (MPWR), but recognize that near-term stock price effects may become more volatile given the elevated P/Es ascribed to these growth models,\" Stein explained.</p> <p>In February, Bank of America said Nvidia (NVDA) and AMD (AMD) were likely to continue reaping the benefits of the upgrade cycle in the graphics chip market, adding that the second-half of the year should see stronger growth, as supply and mix improve.</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>Nvidia, AMD lead chip decline as Truist finds 'hard evidence of order cuts'</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, AMD lead chip decline as Truist finds 'hard evidence of order cuts'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-09 01:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3822069-nvidia-amd-lead-chip-decline-as-truist-finds-hard-evidence-of-order-cuts><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Antonio Bordunovi/iStock Editorial via Getty Images  Nvidia (NASDAQ:NVDA), Advanced Micro Devices (AMD) and Broadcom (AVGO) led declines across the semiconductor industry, as investment firm Truist ...</p>\n\n<a href=\"https://seekingalpha.com/news/3822069-nvidia-amd-lead-chip-decline-as-truist-finds-hard-evidence-of-order-cuts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GFS":"GLOBALFOUNDRIES Inc.","BK4551":"寇图资本持仓","BK4573":"虚拟现实","BK4581":"高盛持仓","NVDA":"英伟达","BK4512":"苹果概念","BK4549":"软银资本持仓","BK4548":"巴美列捷福持仓","BK4529":"IDC概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4566":"资本集团","AMD":"美国超微公司","BK4543":"AI","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4141":"半导体产品","BK4503":"景林资产持仓"},"source_url":"https://seekingalpha.com/news/3822069-nvidia-amd-lead-chip-decline-as-truist-finds-hard-evidence-of-order-cuts","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2226520585","content_text":"Antonio Bordunovi/iStock Editorial via Getty Images  Nvidia (NASDAQ:NVDA), Advanced Micro Devices (AMD) and Broadcom (AVGO) led declines across the semiconductor industry, as investment firm Truist slashed price targets across the board, telling investors it has found \"hard evidence of order cuts.\" Analyst William Stein said that he learned of a \"sudden negative shift\" in demand for a number of manufacturers, including those for computing, consumer and communications to \"some\" of their semiconductor suppliers. While first-quarter results are likely to remain strong for the semiconductor industry, and perhaps even second-quarter guidance, cracks are starting to form for the second-half of the year and 2023. Stein added that two of his industry contacts are seeing order cuts, with both saying that the cuts are related to second-quarter production, but second-half demand is still \"robust.\" \"While a one-off quarter adjustment is possible, we stick to the adage we developed while selling components during the tech bubble: 'today's push-out is tomorrow's cancel,'\" Stein wrote in a note to clients. Stein lowered his price targets across the board, including cutting Nvidia to $298 from $347, lowering AMD to $111 from $144 and dropping Intel to $49 from $53, citing lower earnings multiples. Nvidia (NVDA) shares fell more than 3.5% to $233.52, while AMD (AMD), Broadcom (AVGO) fell more than 2%. Other chip companies, such as Intel (INTC) and Texas Instruments (TXN) declined less than 1%. Stein noted that it's not yet clear what the reasoning is for the cuts, but it's important nonetheless. It could be the cuts are due to incomplete kits and a simple desire to balance inventory, while another view is that although demand is still strong, a temporary delay is starting to cause the cuts. The most bearish view would be that there is demand destruction taking place and when coupled with additional supply is leading to a chip glut and traditional downturn. \"We remain constructive on the structural growers Nvidia and Monolithic Power Systems (MPWR), but recognize that near-term stock price effects may become more volatile given the elevated P/Es ascribed to these growth models,\" Stein explained. In February, Bank of America said Nvidia (NVDA) and AMD (AMD) were likely to continue reaping the benefits of the upgrade cycle in the graphics chip market, adding that the second-half of the year should see stronger growth, as supply and mix improve.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3550998686387787","authorId":"3550998686387787","name":"Soyabean89","avatar":"https://community-static.tradeup.com/news/eb77581e98e9ecdbe378a1373a31b0e9","crmLevel":7,"crmLevelSwitch":0,"idStr":"3550998686387787","authorIdStr":"3550998686387787"},"content":"Stein noted that * it's not yet clear what the reasoning * is for the cuts, but it's important nonetheless Joker... What a joke if this is not fud and manipulation idk what is","text":"Stein noted that * it's not yet clear what the reasoning * is for the cuts, but it's important nonetheless Joker... What a joke if this is not fud and manipulation idk what is","html":"Stein noted that * it's not yet clear what the reasoning * is for the cuts, but it's important nonetheless Joker... What a joke if this is not fud and manipulation idk what is"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190476687,"gmtCreate":1620649213249,"gmtModify":1704346077462,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/190476687","repostId":"1120120226","repostType":4,"repost":{"id":"1120120226","pubTimestamp":1620623863,"share":"https://ttm.financial/m/news/1120120226?lang=&edition=fundamental","pubTime":"2021-05-10 13:17","market":"us","language":"en","title":"US government declares emergency after cyberattack on major pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1120120226","media":"AFP","summary":"The US government declared a regional emergency Sunday as the largest fuel pipeline system in the Un","content":"<p>The US government declared a regional emergency Sunday as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected.</p><p>The Colonial Pipeline Company ships gasoline and jet fuel from the Gulf Coast of Texas to the populousEast Coastthrough 5,500 miles (8,850 kilometres) of pipeline, serving 50 million consumers.</p><p>The company said it was the victim of acybersecurity attackinvolving ransomware -- attacks that encrypt computer systems and seek to extract payments from operators.</p><p>\"This Declaration addresses the emergency conditions creating a need for immediate transportation of gasoline, diesel, jet fuel, and other refined petroleum products and provides necessary relief,\" the Department of Transportation said in a statement.</p><p>The emergency declaration allows for fuel to be transported by road to the affected states: Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, New Jersey,New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.</p><p>The declaration also provides regulatory relief to commercial motor vehicle operations that are part of the emergency support efforts.</p><p>Colonial said earlier Sunday that it had opened some smaller delivery lines, but the main system was not yet back up and running.</p><p>\"While our mainlines remain offline, some smaller lateral lines between terminals and delivery points are now operational,\" Colonial said in a statement, adding it would \"bring our full system back online only when we believe it is safe to do so.\"</p><p>\"We have remained in contact with law enforcement and other federal agencies, including the Department of Energy who is leading the Federal Government response,\" it added.</p><p>\"Maintaining the operational security of our pipeline, in addition to safely bringing our systems back online, remain our highest priorities.\"</p><p><b>Calls for improved oversight</b></p><p>Commerce Secretary Gina Raimondo told CBS on Sunday that authorities were working to prevent any disruption to supplies.</p><p>Colonial, based in the southern state of Georgia, is the largest pipeline operator in the United States by volume, normally transporting 2.5 million barrels of gasoline, diesel fuel, jet fuel and other refined petroleum products per day.</p><p>The attack prompted calls from cybersecurity experts for improved oversight of the industry to prepare for future threats.</p><p>\"This attack is unusual for the US. But the bottom line is that attacks targeting operational technology -- the industrial control systems on the production line or plant floor -- are becoming more frequent,\" Algirde Pipikaite, cyber strategy lead at the World Economic Forum's Centre for Cybersecurity, told AFP on Saturday.</p><p>\"Unless cybersecurity measures are embedded in a technology's development phase, we are likely to see more frequent attacks on industrial systems like oil and gas pipelines or water treatment plants.\"</p><p>Gas prices jumped in the United States on Sunday following the ransomware attack. Analysts warn that prices could climb even higher if the pipeline is not reopened soon. Oil prices rose more than one percent Monday.</p><p>The United States was rocked in recent months by news of two major cybersecurity breaches -- the SolarWinds hack that compromised thousands of US government and private sector computer networks and was officially blamed on Russia; and a potentially devastating penetration of Microsoft email servers.</p>","source":"lsy1620623854247","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 government declares emergency after cyberattack on major pipeline</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 government declares emergency after cyberattack on major pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 13:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.france24.com/en/americas/20210510-biden-declares-state-of-emergency-after-major-us-pipeline-shut-due-to-cyber-attack><strong>AFP</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The US government declared a regional emergency Sunday as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected.The ...</p>\n\n<a href=\"https://www.france24.com/en/americas/20210510-biden-declares-state-of-emergency-after-major-us-pipeline-shut-due-to-cyber-attack\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.france24.com/en/americas/20210510-biden-declares-state-of-emergency-after-major-us-pipeline-shut-due-to-cyber-attack","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120120226","content_text":"The US government declared a regional emergency Sunday as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected.The Colonial Pipeline Company ships gasoline and jet fuel from the Gulf Coast of Texas to the populousEast Coastthrough 5,500 miles (8,850 kilometres) of pipeline, serving 50 million consumers.The company said it was the victim of acybersecurity attackinvolving ransomware -- attacks that encrypt computer systems and seek to extract payments from operators.\"This Declaration addresses the emergency conditions creating a need for immediate transportation of gasoline, diesel, jet fuel, and other refined petroleum products and provides necessary relief,\" the Department of Transportation said in a statement.The emergency declaration allows for fuel to be transported by road to the affected states: Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, New Jersey,New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.The declaration also provides regulatory relief to commercial motor vehicle operations that are part of the emergency support efforts.Colonial said earlier Sunday that it had opened some smaller delivery lines, but the main system was not yet back up and running.\"While our mainlines remain offline, some smaller lateral lines between terminals and delivery points are now operational,\" Colonial said in a statement, adding it would \"bring our full system back online only when we believe it is safe to do so.\"\"We have remained in contact with law enforcement and other federal agencies, including the Department of Energy who is leading the Federal Government response,\" it added.\"Maintaining the operational security of our pipeline, in addition to safely bringing our systems back online, remain our highest priorities.\"Calls for improved oversightCommerce Secretary Gina Raimondo told CBS on Sunday that authorities were working to prevent any disruption to supplies.Colonial, based in the southern state of Georgia, is the largest pipeline operator in the United States by volume, normally transporting 2.5 million barrels of gasoline, diesel fuel, jet fuel and other refined petroleum products per day.The attack prompted calls from cybersecurity experts for improved oversight of the industry to prepare for future threats.\"This attack is unusual for the US. But the bottom line is that attacks targeting operational technology -- the industrial control systems on the production line or plant floor -- are becoming more frequent,\" Algirde Pipikaite, cyber strategy lead at the World Economic Forum's Centre for Cybersecurity, told AFP on Saturday.\"Unless cybersecurity measures are embedded in a technology's development phase, we are likely to see more frequent attacks on industrial systems like oil and gas pipelines or water treatment plants.\"Gas prices jumped in the United States on Sunday following the ransomware attack. Analysts warn that prices could climb even higher if the pipeline is not reopened soon. Oil prices rose more than one percent Monday.The United States was rocked in recent months by news of two major cybersecurity breaches -- the SolarWinds hack that compromised thousands of US government and private sector computer networks and was officially blamed on Russia; and a potentially devastating penetration of Microsoft email servers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379906392,"gmtCreate":1618647462116,"gmtModify":1704713805742,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Please like and comment ?","listText":"Please like and comment ?","text":"Please like and comment ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/379906392","repostId":"1175692875","repostType":4,"repost":{"id":"1175692875","pubTimestamp":1618582708,"share":"https://ttm.financial/m/news/1175692875?lang=&edition=fundamental","pubTime":"2021-04-16 22:18","market":"us","language":"en","title":"$544 Billion In Options Expire Today: Here's What Will Move","url":"https://stock-news.laohu8.com/highlight/detail?id=1175692875","media":"zerohedge","summary":"While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire","content":"<p>While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.</p><p><b>In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.</b>As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.</p><p>How to trade this?</p><p>As Goldman's Vishal Vivek writes, at major expirations, options traders track situations where<b>a large amount of open interest is set to expire.</b>In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.</p><p>What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.</p><p>So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"<i>expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"</i></p><p><img src=\"https://static.tigerbbs.com/0dac61cb87c2f2700d8a0e8e64324f81\" tg-width=\"500\" tg-height=\"638\" referrerpolicy=\"no-referrer\">Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"</p><p>According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).<b>These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX&nbsp; (i.e. implied volatility) reversed.</b></p><p><img src=\"https://static.tigerbbs.com/ae7a60d873792b825bdda669cafa0ed3\" tg-width=\"500\" tg-height=\"297\" referrerpolicy=\"no-referrer\">And one other curious observation from SpotGamma:</p><blockquote>When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. <b>We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.</b></blockquote><p>With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.&nbsp; Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.&nbsp; Additionally, gamma is higher when IV is lower so gamma flips may have more juice.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>$544 Billion In Options Expire Today: Here's What Will Move</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$544 Billion In Options Expire Today: Here's What Will Move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175692875","content_text":"While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.How to trade this?As Goldman's Vishal Vivek writes, at major expirations, options traders track situations wherea large amount of open interest is set to expire.In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX  (i.e. implied volatility) reversed.And one other curious observation from SpotGamma:When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.  Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.  Additionally, gamma is higher when IV is lower so gamma flips may have more juice.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807077071,"gmtCreate":1627993507693,"gmtModify":1703499245583,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Very good earnings even if revenue missed slightly as all these are just estimates. Overall still very strong growthpotential as seen by the 34% increase in revenue and number of users&nbsp;year on year. Cloud computing also see an increase in revenue which will be an impt factor as the world moves towards a digital age.","listText":"Very good earnings even if revenue missed slightly as all these are just estimates. Overall still very strong growthpotential as seen by the 34% increase in revenue and number of users&nbsp;year on year. Cloud computing also see an increase in revenue which will be an impt factor as the world moves towards a digital age.","text":"Very good earnings even if revenue missed slightly as all these are just estimates. Overall still very strong growthpotential as seen by the 34% increase in revenue and number of users year on year. Cloud computing also see an increase in revenue which will be an impt factor as the world moves towards a digital age.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807077071","repostId":"1169635195","repostType":4,"repost":{"id":"1169635195","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627988246,"share":"https://ttm.financial/m/news/1169635195?lang=&edition=fundamental","pubTime":"2021-08-03 18:57","market":"us","language":"en","title":"Alibaba EPS beats by RMB2.27, misses on revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1169635195","media":"Tiger Newspress","summary":" $Alibaba$ posted financial result in premarket, which showed that:. Alibaba Q1 revenue RMB205.74 bln vs. RMB153.75 bln a year ago; FactSet consensus RMB209.11 bln.Alibaba Q1 adj. EPS RMB16.60 vs. RMB14.82 a year ago; FactSet consensus RMB14.33.Revenue was RMB205,740 million , an increase of 34% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 22% year-over-year to RMB187,306 million .Annual active consumersof the Alibaba Ecosystem across the world reached app","content":"<p>(August 3)&nbsp;<a href=\"https://laohu8.com/S/BABA\">Alibaba</a> posted&nbsp;financial&nbsp;result&nbsp;in&nbsp;premarket,&nbsp;which&nbsp;showed&nbsp;that:</p>\n<p>Alibaba Q1 revenue RMB205.74 bln vs. RMB153.75 bln a year ago; FactSet consensus RMB209.11 bln.</p>\n<p>Alibaba Q1 adj. EPS RMB16.60 vs. RMB14.82 a year ago; FactSet consensus RMB14.33.</p>\n<p><b>BUSINESS HIGHLIGHTS</b></p>\n<p><b>In the quarter ended June 30, 2021:</b></p>\n<ul>\n <li><b>Revenue</b>&nbsp;was RMB205,740 million (US$31,865 million), an increase of 34% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 22% year-over-year to RMB187,306 million (US$29,010 million).</li>\n <li><b>Annual active consumers</b>of the Alibaba Ecosystem across the world reached approximately 1.18 billion for the twelve months ended June 30, 2021, an increase of 45 million from the twelve months ended March 31, 2021. This includes 912 million consumers in China1and 265 million consumers overseas served by Lazada, AliExpress, Trendyol and Daraz.</li>\n <li><b>Income from operations</b>&nbsp;was RMB30,847 million (US$4,778 million), a decrease of 11% year-over-year.<b>Adjusted EBITDA</b>, a non-GAAP measurement, decreased 5% year-over-year to RMB48,628 million (US$7,532 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, decreased 8% year-over-year to RMB41,731 million (US$6,463 million). The year-over-year decreases were primarily due to our investments in strategic areas to capture incremental opportunities, such as Community Marketplaces, Taobao Deals, Local Consumer Services and Lazada, as well as our increased spending on growth initiatives within China retail marketplaces, such as Idle Fish and Taobao Live, and our support to merchants.</li>\n <li><b>Net income attributable to ordinary shareholders</b>&nbsp;was RMB45,141 million (US$6,991 million),and<b>net income</b>was RMB42,835 million (US$6,634 million).<b>Non-GAAP net income</b>&nbsp;was RMB43,441 million (US$6,728 million), an increase of 10% year-over-year, mainly due to an increase in share of profit of equity method investees.</li>\n <li><b>Diluted earnings per ADS</b>&nbsp;was RMB16.38 (US$2.54) and<b>diluted earnings per share</b>was RMB2.05 (US$0.32 or HK$2.46).<b>Non-GAAP diluted earnings per ADS</b>was RMB16.60 (US$2.57), an increase of 12% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB2.08 (US$0.32 or HK$2.50), an increase of 12% year-over-year.</li>\n <li><b>Net cashprovided by operating activities</b>&nbsp;was RMB33,603 million (US$5,204 million).<b>Non-GAAP free cash flow</b>was RMB20,683 million (US$3,203 million), a decrease compared to RMB36,570 million in the same quarter of 2020, mainly due to the partial settlement in the amount of RMB9,114 million (US$1,412 million) of the RMB18,228 million fine levied earlier this year by China’s State Administration for Market Regulation pursuant to China’s Anti-monopoly Law (the “Anti-monopoly Fine”) and a decrease in profit as a result of our investments in key strategic areas.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/11aa08a1ccb4f80e6867c7e7631297c8\" tg-width=\"719\" tg-height=\"863\" referrerpolicy=\"no-referrer\"></p>\n<p><b>China Retail Marketplaces</b></p>\n<p>In June 2021, Alibaba's China retail marketplaces had 939 million mobile MAUs, representing a quarterly net increase of 14 million.</p>\n<p><b>Cloud Computing</b></p>\n<p>In the June 2021 quarter, our cloud computing revenue grew 29% year-over-year to RMB16,051 million (US$2,486 million), primarily driven by robust growth in revenue from customers in the Internet, financial services and retail industries.</p>\n<p><b>Cash Flow from Operating Activities and Free Cash Flow</b></p>\n<p>In the quarter ended June 30, 2021, net cash provided by operating activities was RMB33,603 million (US$5,204 million), a decrease compared to RMB50,099 million in the same quarter of 2020. Free cash flow, a non-GAAP measurement of liquidity, decreased to RMB20,683 million (US$3,203 million), from RMB36,570 million in the same quarter of 2020. The year-over-year decreases were mainly due to the partial settlement in the amount of RMB9,114 million (US$1,412 million) of the RMB18,228 million Anti-monopoly Fine and a decrease in profit as a result of our investments in key strategic areas. A reconciliation of net cash provided by operating activities to free cash flow is included at the end of this results announcement.</p>\n<p><b>Increasing Share Repurchases</b></p>\n<p>Since April 1, 2021 and through the publication of this results announcement, we repurchased approximately 18.1 million of our ADSs (the equivalent of approximately 144.5 million of our ordinary shares) for approximately US$3,680 million under our share repurchase program. In addition, on August 2, 2021, our board of directors authorized the Company to upsize our Company's share repurchase program from US$10 billion to US$15 billion. This share repurchase program will be effective through the end of 2022.</p>\n<p><img src=\"https://static.tigerbbs.com/58bf53593de78f5f6e4fa1096d7aae94\" tg-width=\"757\" tg-height=\"793\" referrerpolicy=\"no-referrer\"></p>\n<p>We are increasing our share repurchase program from US$10 billion to US$15 billion, the largest share repurchase program in the Company’s history, because we are confident of our long-term growth prospects. Our net cash position remains strong and we have repurchased approximately US$3.7 billion of our ADSs since April 1, 2021.”</p>\n<p>In June 2021, our China retail marketplaces had 939 million mobile MAUs, representing a quarterly net increase of 14 million. We continue to increase penetration in less-developed areas, reflecting our success in broadening product offerings to meet diverse consumer demand.</p>\n<p>“Alibaba started the new fiscal year by delivering a healthy quarter. For the June quarter, global annual active consumers across the Alibaba Ecosystem reached 1.18 billion, an increase of 45 million from the March quarter, which includes 912 million consumers in China. Over more than twenty years of growth, we have developed a company that spans across both consumer and industrial Internet, with multiple engines driving our long-term growth,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “We believe in the growth of the Chinese economy and long-term value creation of Alibaba, and we will continue to strengthen our technology advantage in improving the consumer experience and helping our enterprise customers to accomplish successful digital transformations.”</p>\n<p>“We delivered strong revenue growth of 34% year-over-year. As we said in last quarter's results announcement, we are investing our excess profits and additional capital to support our merchants and invest in strategic areas to better serve customers and penetrate into new addressable markets,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “We are increasing our share repurchase program from US$10 billion to US$15 billion, the largest share repurchase program in the Company’s history, because we are confident of our long-term growth prospects. Our net cash position remains strong and we have repurchased approximately US$3.7 billion of our ADSs since April 1, 2021.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba EPS beats by RMB2.27, misses on revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba EPS beats by RMB2.27, misses on revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-03 18:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(August 3)&nbsp;<a href=\"https://laohu8.com/S/BABA\">Alibaba</a> posted&nbsp;financial&nbsp;result&nbsp;in&nbsp;premarket,&nbsp;which&nbsp;showed&nbsp;that:</p>\n<p>Alibaba Q1 revenue RMB205.74 bln vs. RMB153.75 bln a year ago; FactSet consensus RMB209.11 bln.</p>\n<p>Alibaba Q1 adj. EPS RMB16.60 vs. RMB14.82 a year ago; FactSet consensus RMB14.33.</p>\n<p><b>BUSINESS HIGHLIGHTS</b></p>\n<p><b>In the quarter ended June 30, 2021:</b></p>\n<ul>\n <li><b>Revenue</b>&nbsp;was RMB205,740 million (US$31,865 million), an increase of 34% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 22% year-over-year to RMB187,306 million (US$29,010 million).</li>\n <li><b>Annual active consumers</b>of the Alibaba Ecosystem across the world reached approximately 1.18 billion for the twelve months ended June 30, 2021, an increase of 45 million from the twelve months ended March 31, 2021. This includes 912 million consumers in China1and 265 million consumers overseas served by Lazada, AliExpress, Trendyol and Daraz.</li>\n <li><b>Income from operations</b>&nbsp;was RMB30,847 million (US$4,778 million), a decrease of 11% year-over-year.<b>Adjusted EBITDA</b>, a non-GAAP measurement, decreased 5% year-over-year to RMB48,628 million (US$7,532 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, decreased 8% year-over-year to RMB41,731 million (US$6,463 million). The year-over-year decreases were primarily due to our investments in strategic areas to capture incremental opportunities, such as Community Marketplaces, Taobao Deals, Local Consumer Services and Lazada, as well as our increased spending on growth initiatives within China retail marketplaces, such as Idle Fish and Taobao Live, and our support to merchants.</li>\n <li><b>Net income attributable to ordinary shareholders</b>&nbsp;was RMB45,141 million (US$6,991 million),and<b>net income</b>was RMB42,835 million (US$6,634 million).<b>Non-GAAP net income</b>&nbsp;was RMB43,441 million (US$6,728 million), an increase of 10% year-over-year, mainly due to an increase in share of profit of equity method investees.</li>\n <li><b>Diluted earnings per ADS</b>&nbsp;was RMB16.38 (US$2.54) and<b>diluted earnings per share</b>was RMB2.05 (US$0.32 or HK$2.46).<b>Non-GAAP diluted earnings per ADS</b>was RMB16.60 (US$2.57), an increase of 12% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB2.08 (US$0.32 or HK$2.50), an increase of 12% year-over-year.</li>\n <li><b>Net cashprovided by operating activities</b>&nbsp;was RMB33,603 million (US$5,204 million).<b>Non-GAAP free cash flow</b>was RMB20,683 million (US$3,203 million), a decrease compared to RMB36,570 million in the same quarter of 2020, mainly due to the partial settlement in the amount of RMB9,114 million (US$1,412 million) of the RMB18,228 million fine levied earlier this year by China’s State Administration for Market Regulation pursuant to China’s Anti-monopoly Law (the “Anti-monopoly Fine”) and a decrease in profit as a result of our investments in key strategic areas.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/11aa08a1ccb4f80e6867c7e7631297c8\" tg-width=\"719\" tg-height=\"863\" referrerpolicy=\"no-referrer\"></p>\n<p><b>China Retail Marketplaces</b></p>\n<p>In June 2021, Alibaba's China retail marketplaces had 939 million mobile MAUs, representing a quarterly net increase of 14 million.</p>\n<p><b>Cloud Computing</b></p>\n<p>In the June 2021 quarter, our cloud computing revenue grew 29% year-over-year to RMB16,051 million (US$2,486 million), primarily driven by robust growth in revenue from customers in the Internet, financial services and retail industries.</p>\n<p><b>Cash Flow from Operating Activities and Free Cash Flow</b></p>\n<p>In the quarter ended June 30, 2021, net cash provided by operating activities was RMB33,603 million (US$5,204 million), a decrease compared to RMB50,099 million in the same quarter of 2020. Free cash flow, a non-GAAP measurement of liquidity, decreased to RMB20,683 million (US$3,203 million), from RMB36,570 million in the same quarter of 2020. The year-over-year decreases were mainly due to the partial settlement in the amount of RMB9,114 million (US$1,412 million) of the RMB18,228 million Anti-monopoly Fine and a decrease in profit as a result of our investments in key strategic areas. A reconciliation of net cash provided by operating activities to free cash flow is included at the end of this results announcement.</p>\n<p><b>Increasing Share Repurchases</b></p>\n<p>Since April 1, 2021 and through the publication of this results announcement, we repurchased approximately 18.1 million of our ADSs (the equivalent of approximately 144.5 million of our ordinary shares) for approximately US$3,680 million under our share repurchase program. In addition, on August 2, 2021, our board of directors authorized the Company to upsize our Company's share repurchase program from US$10 billion to US$15 billion. This share repurchase program will be effective through the end of 2022.</p>\n<p><img src=\"https://static.tigerbbs.com/58bf53593de78f5f6e4fa1096d7aae94\" tg-width=\"757\" tg-height=\"793\" referrerpolicy=\"no-referrer\"></p>\n<p>We are increasing our share repurchase program from US$10 billion to US$15 billion, the largest share repurchase program in the Company’s history, because we are confident of our long-term growth prospects. Our net cash position remains strong and we have repurchased approximately US$3.7 billion of our ADSs since April 1, 2021.”</p>\n<p>In June 2021, our China retail marketplaces had 939 million mobile MAUs, representing a quarterly net increase of 14 million. We continue to increase penetration in less-developed areas, reflecting our success in broadening product offerings to meet diverse consumer demand.</p>\n<p>“Alibaba started the new fiscal year by delivering a healthy quarter. For the June quarter, global annual active consumers across the Alibaba Ecosystem reached 1.18 billion, an increase of 45 million from the March quarter, which includes 912 million consumers in China. Over more than twenty years of growth, we have developed a company that spans across both consumer and industrial Internet, with multiple engines driving our long-term growth,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “We believe in the growth of the Chinese economy and long-term value creation of Alibaba, and we will continue to strengthen our technology advantage in improving the consumer experience and helping our enterprise customers to accomplish successful digital transformations.”</p>\n<p>“We delivered strong revenue growth of 34% year-over-year. As we said in last quarter's results announcement, we are investing our excess profits and additional capital to support our merchants and invest in strategic areas to better serve customers and penetrate into new addressable markets,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “We are increasing our share repurchase program from US$10 billion to US$15 billion, the largest share repurchase program in the Company’s history, because we are confident of our long-term growth prospects. Our net cash position remains strong and we have repurchased approximately US$3.7 billion of our ADSs since April 1, 2021.”</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169635195","content_text":"(August 3) Alibaba posted financial result in premarket, which showed that:\nAlibaba Q1 revenue RMB205.74 bln vs. RMB153.75 bln a year ago; FactSet consensus RMB209.11 bln.\nAlibaba Q1 adj. EPS RMB16.60 vs. RMB14.82 a year ago; FactSet consensus RMB14.33.\nBUSINESS HIGHLIGHTS\nIn the quarter ended June 30, 2021:\n\nRevenue was RMB205,740 million (US$31,865 million), an increase of 34% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 22% year-over-year to RMB187,306 million (US$29,010 million).\nAnnual active consumersof the Alibaba Ecosystem across the world reached approximately 1.18 billion for the twelve months ended June 30, 2021, an increase of 45 million from the twelve months ended March 31, 2021. This includes 912 million consumers in China1and 265 million consumers overseas served by Lazada, AliExpress, Trendyol and Daraz.\nIncome from operations was RMB30,847 million (US$4,778 million), a decrease of 11% year-over-year.Adjusted EBITDA, a non-GAAP measurement, decreased 5% year-over-year to RMB48,628 million (US$7,532 million).Adjusted EBITA, a non-GAAP measurement, decreased 8% year-over-year to RMB41,731 million (US$6,463 million). The year-over-year decreases were primarily due to our investments in strategic areas to capture incremental opportunities, such as Community Marketplaces, Taobao Deals, Local Consumer Services and Lazada, as well as our increased spending on growth initiatives within China retail marketplaces, such as Idle Fish and Taobao Live, and our support to merchants.\nNet income attributable to ordinary shareholders was RMB45,141 million (US$6,991 million),andnet incomewas RMB42,835 million (US$6,634 million).Non-GAAP net income was RMB43,441 million (US$6,728 million), an increase of 10% year-over-year, mainly due to an increase in share of profit of equity method investees.\nDiluted earnings per ADS was RMB16.38 (US$2.54) anddiluted earnings per sharewas RMB2.05 (US$0.32 or HK$2.46).Non-GAAP diluted earnings per ADSwas RMB16.60 (US$2.57), an increase of 12% year-over-year andnon-GAAP diluted earnings per sharewas RMB2.08 (US$0.32 or HK$2.50), an increase of 12% year-over-year.\nNet cashprovided by operating activities was RMB33,603 million (US$5,204 million).Non-GAAP free cash flowwas RMB20,683 million (US$3,203 million), a decrease compared to RMB36,570 million in the same quarter of 2020, mainly due to the partial settlement in the amount of RMB9,114 million (US$1,412 million) of the RMB18,228 million fine levied earlier this year by China’s State Administration for Market Regulation pursuant to China’s Anti-monopoly Law (the “Anti-monopoly Fine”) and a decrease in profit as a result of our investments in key strategic areas.\n\n\nChina Retail Marketplaces\nIn June 2021, Alibaba's China retail marketplaces had 939 million mobile MAUs, representing a quarterly net increase of 14 million.\nCloud Computing\nIn the June 2021 quarter, our cloud computing revenue grew 29% year-over-year to RMB16,051 million (US$2,486 million), primarily driven by robust growth in revenue from customers in the Internet, financial services and retail industries.\nCash Flow from Operating Activities and Free Cash Flow\nIn the quarter ended June 30, 2021, net cash provided by operating activities was RMB33,603 million (US$5,204 million), a decrease compared to RMB50,099 million in the same quarter of 2020. Free cash flow, a non-GAAP measurement of liquidity, decreased to RMB20,683 million (US$3,203 million), from RMB36,570 million in the same quarter of 2020. The year-over-year decreases were mainly due to the partial settlement in the amount of RMB9,114 million (US$1,412 million) of the RMB18,228 million Anti-monopoly Fine and a decrease in profit as a result of our investments in key strategic areas. A reconciliation of net cash provided by operating activities to free cash flow is included at the end of this results announcement.\nIncreasing Share Repurchases\nSince April 1, 2021 and through the publication of this results announcement, we repurchased approximately 18.1 million of our ADSs (the equivalent of approximately 144.5 million of our ordinary shares) for approximately US$3,680 million under our share repurchase program. In addition, on August 2, 2021, our board of directors authorized the Company to upsize our Company's share repurchase program from US$10 billion to US$15 billion. This share repurchase program will be effective through the end of 2022.\n\nWe are increasing our share repurchase program from US$10 billion to US$15 billion, the largest share repurchase program in the Company’s history, because we are confident of our long-term growth prospects. Our net cash position remains strong and we have repurchased approximately US$3.7 billion of our ADSs since April 1, 2021.”\nIn June 2021, our China retail marketplaces had 939 million mobile MAUs, representing a quarterly net increase of 14 million. We continue to increase penetration in less-developed areas, reflecting our success in broadening product offerings to meet diverse consumer demand.\n“Alibaba started the new fiscal year by delivering a healthy quarter. For the June quarter, global annual active consumers across the Alibaba Ecosystem reached 1.18 billion, an increase of 45 million from the March quarter, which includes 912 million consumers in China. Over more than twenty years of growth, we have developed a company that spans across both consumer and industrial Internet, with multiple engines driving our long-term growth,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “We believe in the growth of the Chinese economy and long-term value creation of Alibaba, and we will continue to strengthen our technology advantage in improving the consumer experience and helping our enterprise customers to accomplish successful digital transformations.”\n“We delivered strong revenue growth of 34% year-over-year. As we said in last quarter's results announcement, we are investing our excess profits and additional capital to support our merchants and invest in strategic areas to better serve customers and penetrate into new addressable markets,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “We are increasing our share repurchase program from US$10 billion to US$15 billion, the largest share repurchase program in the Company’s history, because we are confident of our long-term growth prospects. Our net cash position remains strong and we have repurchased approximately US$3.7 billion of our ADSs since April 1, 2021.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192822800,"gmtCreate":1621180248000,"gmtModify":1704353675426,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Rocket ?&nbsp;","listText":"Rocket ?&nbsp;","text":"Rocket ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/192822800","repostId":"1103478451","repostType":4,"repost":{"id":"1103478451","pubTimestamp":1621002589,"share":"https://ttm.financial/m/news/1103478451?lang=&edition=fundamental","pubTime":"2021-05-14 22:29","market":"us","language":"en","title":"Snowflake stock pops after Goldman upgrade on 'generational shift'","url":"https://stock-news.laohu8.com/highlight/detail?id=1103478451","media":"seekingalpha","summary":"With the valuation improved and the company \"well positioned to capitalize on a generational shift,\"","content":"<p>With the valuation improved and the company \"well positioned to capitalize on a generational shift,\"&nbsp;Goldman Sachs upgrades Snowflake(NYSE:SNOW)&nbsp;from Neutralto Buy and raises the price target from $270 to $275.</p>\n<p>The firm sees Snowflake well positioned for the \"shift of data and analytics to the cloud\" with \"strong secular tailwinds including cloud adoption, big data, AI/ML, and secure data sharing.\"</p>\n<p>Goldman expects the tailwinds to \"drive durable growth for the foreseeable future.\"</p>\n<p>The upgrade comes as part of Goldman's software coverage expansion, which also initiated MongoDB(NASDAQ:MDB)&nbsp;at Buy and a $310 price target. SolarWinds(NYSE:SWI)and Dropbox(NASDAQ:DBX)&nbsp;were both started at Sell with price targets of $16 and $26, respectively.</p>\n<p>Snowflake shares are&nbsp;up 7.25%&nbsp;to $201.88.</p>\n<p><img src=\"https://static.tigerbbs.com/31526cb2a7f0f0d5132b98680a5c0a05\" tg-width=\"769\" tg-height=\"564\"></p>\n<p>In March, Snowflake received a bullish start from Evercore on itslong-term growth prospects.</p>","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>Snowflake stock pops after Goldman upgrade on 'generational shift'</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\">\nSnowflake stock pops after Goldman upgrade on 'generational shift'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 22:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3696629-snowflake-stock-pops-after-goldman-upgrade-on-generational-shift><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the valuation improved and the company \"well positioned to capitalize on a generational shift,\" Goldman Sachs upgrades Snowflake(NYSE:SNOW) from Neutralto Buy and raises the price target from $...</p>\n\n<a href=\"https://seekingalpha.com/news/3696629-snowflake-stock-pops-after-goldman-upgrade-on-generational-shift\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://seekingalpha.com/news/3696629-snowflake-stock-pops-after-goldman-upgrade-on-generational-shift","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1103478451","content_text":"With the valuation improved and the company \"well positioned to capitalize on a generational shift,\" Goldman Sachs upgrades Snowflake(NYSE:SNOW) from Neutralto Buy and raises the price target from $270 to $275.\nThe firm sees Snowflake well positioned for the \"shift of data and analytics to the cloud\" with \"strong secular tailwinds including cloud adoption, big data, AI/ML, and secure data sharing.\"\nGoldman expects the tailwinds to \"drive durable growth for the foreseeable future.\"\nThe upgrade comes as part of Goldman's software coverage expansion, which also initiated MongoDB(NASDAQ:MDB) at Buy and a $310 price target. SolarWinds(NYSE:SWI)and Dropbox(NASDAQ:DBX) were both started at Sell with price targets of $16 and $26, respectively.\nSnowflake shares are up 7.25% to $201.88.\n\nIn March, Snowflake received a bullish start from Evercore on itslong-term growth prospects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109181975,"gmtCreate":1619672883197,"gmtModify":1704727791232,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Time for aapl to break ATH","listText":"Time for aapl to break ATH","text":"Time for aapl to break ATH","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/109181975","repostId":"1137964402","repostType":4,"repost":{"id":"1137964402","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619651546,"share":"https://ttm.financial/m/news/1137964402?lang=&edition=fundamental","pubTime":"2021-04-29 07:12","market":"us","language":"en","title":"Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks","url":"https://stock-news.laohu8.com/highlight/detail?id=1137964402","media":"Tiger Newspress","summary":"Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65","content":"<p><b>KEY POINTS</b></p><ul><li>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and&nbsp;significantly stronger profits than Wall Street expected.</li><li>Apple did not issue official guidance for what it expects in the quarter ending in June.</li><li>Apple authorized $90 billion in share buybacks.</li></ul><p>Apple&nbsp;reported&nbsp;a blowout quarter&nbsp;on Wednesday, announcing companywide sales up 54% higher than last year, and&nbsp;significantly stronger profits than Wall Street expected.</p><p>Apple stock rose over 4% at one point in extended trading.</p><p><img src=\"https://static.tigerbbs.com/4e791f63f460807906f1793c2d58933e\" tg-width=\"1302\" tg-height=\"833\"></p><p>Apple reported double-digit growth in every single one of its product categories, and its&nbsp;most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales&nbsp;did&nbsp;better, with its computers up 70.1% and iPad&nbsp;sales&nbsp;growing nearly 79% on an annual basis.</p><p>Apple said it would increase its dividend by 7%&nbsp;to $0.22 per share&nbsp;and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay&nbsp;and 2019′s $75 billion.</p><p>Here’s how Apple did versus Refinitiv estimates:</p><ul><li><b>EPS</b>:&nbsp;$1.40&nbsp;vs. $0.99 estimated</li><li><b>Revenue</b>:&nbsp;$89.58&nbsp;billion&nbsp;vs. $77.36&nbsp;billion&nbsp;estimated, up 53.7% year-over-year</li><li><b>iPhone revenue</b>:&nbsp;$47.94 billion&nbsp;vs. $41.43&nbsp;billion&nbsp;estimated, up&nbsp;65.5% year-over-year</li><li><b>Services revenue</b>:&nbsp;$16.90 billion&nbsp;vs. $15.57&nbsp;billion&nbsp;estimated, up 26.7% year over&nbsp;year</li><li><b>Other Products revenue</b>:&nbsp;$7.83&nbsp;billion&nbsp;vs. $7.79&nbsp;billion&nbsp;estimated,&nbsp;up 24%&nbsp;year-over-year</li><li><b>Mac revenue</b>:&nbsp;$9.10&nbsp;billion&nbsp;vs. $6.86&nbsp;billion&nbsp;estimated, up 70.1% year-over-year</li><li><b>iPad revenue</b>:&nbsp;$7.80 billion&nbsp;vs. $5.58&nbsp;billion&nbsp;estimated, up 78.9% year-over-year</li><li><b>Gross margin</b>:&nbsp;42.5% vs. 39.8%&nbsp;estimated</li></ul><p>Apple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue&nbsp;guidance since the start of the pandemic, citing uncertainty.&nbsp;This is Apple’s second quarter in a row with double-digit growth in all product categories.&nbsp;Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.</p><p>Apple has said in the past months that its business has been boosted by the pandemic as consumers&nbsp;and businesses&nbsp;bought&nbsp;computers&nbsp;to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies&nbsp;open up.</p><p>Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this&nbsp;moment in their own lives, as well as the optimism consumers seem to feel about better days&nbsp;ahead for all of us.”</p><p>Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac&nbsp;laptops&nbsp;that used its own M1 chips&nbsp;for longer battery life, instead of processors sold by&nbsp;Intel.&nbsp;iPad sales were up&nbsp;nearly 79% year-over-year.</p><p>Neither of those&nbsp;results&nbsp;include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.</p><p>“We’re seeing strong first-time buyers on the Mac&nbsp;…&nbsp;it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that&nbsp;…&nbsp;it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”</p><p>Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.</p><p>In greater China, which includes the mainland, Hong Kong, and Taiwan,&nbsp;Apple’s revenue increased over&nbsp;87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic.&nbsp;Every other geographical category, including the Americas and Europe, were also up on an annual basis.</p><p><img src=\"https://static.tigerbbs.com/37a8b45c92174e3c9ab224d9a85f5e2d\" tg-width=\"1910\" tg-height=\"1114\" referrerpolicy=\"no-referrer\"></p><p>Apple’s&nbsp;high-margin&nbsp;services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.</p><p>One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.</p><p>“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.</p><p>However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.</p><p>“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.</p><p>Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks</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 reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-29 07:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p><ul><li>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and&nbsp;significantly stronger profits than Wall Street expected.</li><li>Apple did not issue official guidance for what it expects in the quarter ending in June.</li><li>Apple authorized $90 billion in share buybacks.</li></ul><p>Apple&nbsp;reported&nbsp;a blowout quarter&nbsp;on Wednesday, announcing companywide sales up 54% higher than last year, and&nbsp;significantly stronger profits than Wall Street expected.</p><p>Apple stock rose over 4% at one point in extended trading.</p><p><img src=\"https://static.tigerbbs.com/4e791f63f460807906f1793c2d58933e\" tg-width=\"1302\" tg-height=\"833\"></p><p>Apple reported double-digit growth in every single one of its product categories, and its&nbsp;most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales&nbsp;did&nbsp;better, with its computers up 70.1% and iPad&nbsp;sales&nbsp;growing nearly 79% on an annual basis.</p><p>Apple said it would increase its dividend by 7%&nbsp;to $0.22 per share&nbsp;and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay&nbsp;and 2019′s $75 billion.</p><p>Here’s how Apple did versus Refinitiv estimates:</p><ul><li><b>EPS</b>:&nbsp;$1.40&nbsp;vs. $0.99 estimated</li><li><b>Revenue</b>:&nbsp;$89.58&nbsp;billion&nbsp;vs. $77.36&nbsp;billion&nbsp;estimated, up 53.7% year-over-year</li><li><b>iPhone revenue</b>:&nbsp;$47.94 billion&nbsp;vs. $41.43&nbsp;billion&nbsp;estimated, up&nbsp;65.5% year-over-year</li><li><b>Services revenue</b>:&nbsp;$16.90 billion&nbsp;vs. $15.57&nbsp;billion&nbsp;estimated, up 26.7% year over&nbsp;year</li><li><b>Other Products revenue</b>:&nbsp;$7.83&nbsp;billion&nbsp;vs. $7.79&nbsp;billion&nbsp;estimated,&nbsp;up 24%&nbsp;year-over-year</li><li><b>Mac revenue</b>:&nbsp;$9.10&nbsp;billion&nbsp;vs. $6.86&nbsp;billion&nbsp;estimated, up 70.1% year-over-year</li><li><b>iPad revenue</b>:&nbsp;$7.80 billion&nbsp;vs. $5.58&nbsp;billion&nbsp;estimated, up 78.9% year-over-year</li><li><b>Gross margin</b>:&nbsp;42.5% vs. 39.8%&nbsp;estimated</li></ul><p>Apple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue&nbsp;guidance since the start of the pandemic, citing uncertainty.&nbsp;This is Apple’s second quarter in a row with double-digit growth in all product categories.&nbsp;Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.</p><p>Apple has said in the past months that its business has been boosted by the pandemic as consumers&nbsp;and businesses&nbsp;bought&nbsp;computers&nbsp;to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies&nbsp;open up.</p><p>Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this&nbsp;moment in their own lives, as well as the optimism consumers seem to feel about better days&nbsp;ahead for all of us.”</p><p>Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac&nbsp;laptops&nbsp;that used its own M1 chips&nbsp;for longer battery life, instead of processors sold by&nbsp;Intel.&nbsp;iPad sales were up&nbsp;nearly 79% year-over-year.</p><p>Neither of those&nbsp;results&nbsp;include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.</p><p>“We’re seeing strong first-time buyers on the Mac&nbsp;…&nbsp;it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that&nbsp;…&nbsp;it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”</p><p>Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.</p><p>In greater China, which includes the mainland, Hong Kong, and Taiwan,&nbsp;Apple’s revenue increased over&nbsp;87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic.&nbsp;Every other geographical category, including the Americas and Europe, were also up on an annual basis.</p><p><img src=\"https://static.tigerbbs.com/37a8b45c92174e3c9ab224d9a85f5e2d\" tg-width=\"1910\" tg-height=\"1114\" referrerpolicy=\"no-referrer\"></p><p>Apple’s&nbsp;high-margin&nbsp;services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.</p><p>One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.</p><p>“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.</p><p>However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.</p><p>“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.</p><p>Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137964402","content_text":"KEY POINTSApple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales did better, with its computers up 70.1% and iPad sales growing nearly 79% on an annual basis.Apple said it would increase its dividend by 7% to $0.22 per share and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay and 2019′s $75 billion.Here’s how Apple did versus Refinitiv estimates:EPS: $1.40 vs. $0.99 estimatedRevenue: $89.58 billion vs. $77.36 billion estimated, up 53.7% year-over-yeariPhone revenue: $47.94 billion vs. $41.43 billion estimated, up 65.5% year-over-yearServices revenue: $16.90 billion vs. $15.57 billion estimated, up 26.7% year over yearOther Products revenue: $7.83 billion vs. $7.79 billion estimated, up 24% year-over-yearMac revenue: $9.10 billion vs. $6.86 billion estimated, up 70.1% year-over-yeariPad revenue: $7.80 billion vs. $5.58 billion estimated, up 78.9% year-over-yearGross margin: 42.5% vs. 39.8% estimatedApple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue guidance since the start of the pandemic, citing uncertainty. This is Apple’s second quarter in a row with double-digit growth in all product categories. Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.Apple has said in the past months that its business has been boosted by the pandemic as consumers and businesses bought computers to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies open up.Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us.”Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac laptops that used its own M1 chips for longer battery life, instead of processors sold by Intel. iPad sales were up nearly 79% year-over-year.Neither of those results include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.“We’re seeing strong first-time buyers on the Mac … it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that … it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.In greater China, which includes the mainland, Hong Kong, and Taiwan, Apple’s revenue increased over 87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic. Every other geographical category, including the Americas and Europe, were also up on an annual basis.Apple’s high-margin services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375062303,"gmtCreate":1619260880702,"gmtModify":1704721932775,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Please comment&nbsp;","listText":"Please comment&nbsp;","text":"Please comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/375062303","repostId":"1101099559","repostType":4,"repost":{"id":"1101099559","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619191663,"share":"https://ttm.financial/m/news/1101099559?lang=&edition=fundamental","pubTime":"2021-04-23 23:27","market":"us","language":"en","title":"Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1101099559","media":"Tiger Newspress","summary":"U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White ","content":"<p>U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.</p><p>The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&amp;P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”</p><p>Week to date, the three major averages are all down about 1%.</p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Snap shares, meanwhile, jumped 9% after it said&nbsp;it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow rebounds 200 points led by banks and tech as market shrugs off higher tax fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-23 23:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.</p><p>The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&amp;P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”</p><p>Week to date, the three major averages are all down about 1%.</p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Snap shares, meanwhile, jumped 9% after it said&nbsp;it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SNAP":"Snap Inc",".SPX":"S&P 500 Index","INTC":"英特尔",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101099559","content_text":"U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”Week to date, the three major averages are all down about 1%.Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.Snap shares, meanwhile, jumped 9% after it said it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968404303,"gmtCreate":1669274410003,"gmtModify":1676538177632,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"6 months too short. Offer&nbsp;5 years 4% per annum mah hahaha","listText":"6 months too short. Offer&nbsp;5 years 4% per annum mah hahaha","text":"6 months too short. Offer 5 years 4% per annum mah hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9968404303","repostId":"1184488423","repostType":2,"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565015621333908","authorId":"3565015621333908","name":"ShayneChew","avatar":"https://static.tigerbbs.com/3a07db91945ec3f2e528cbf73adcfce7","crmLevel":7,"crmLevelSwitch":0,"idStr":"3565015621333908","authorIdStr":"3565015621333908"},"content":"Then you dont invest lor","text":"Then you dont invest lor","html":"Then you dont invest lor"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809248487,"gmtCreate":1627374738349,"gmtModify":1703488660351,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Will accept just say will accept. Don’tyes then no. Fickle minded.","listText":"Will accept just say will accept. Don’tyes then no. Fickle minded.","text":"Will accept just say will accept. Don’tyes then no. Fickle minded.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809248487","repostId":"1140105060","repostType":4,"repost":{"id":"1140105060","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627374061,"share":"https://ttm.financial/m/news/1140105060?lang=&edition=fundamental","pubTime":"2021-07-27 16:21","market":"us","language":"en","title":"Crypto Stocks tumbled in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1140105060","media":"Tiger Newspress","summary":"Crypto Stocks tumbled in premarket trading on Amazon denimg report of accepting bitcoin as payment.B","content":"<p>Crypto Stocks tumbled in premarket trading&nbsp;on&nbsp;Amazon denimg report of accepting bitcoin as payment.Bit Digital,The9,SOS Ltd,Canaan,Ebang&nbsp;international,Marathon Digital Holdings,Riot Blockchain,Coinbase Global&nbsp;and&nbsp;Square&nbsp;plunged between 1% and 19%.</p>\n<p><img src=\"https://static.tigerbbs.com/e53c1ef7ac57d4219f6590506a3f3800\" tg-width=\"352\" tg-height=\"546\" width=\"100%\" height=\"auto\"></p>\n<p>Bitcoin fell after briefly rallying past $40,000, as&nbsp;Amazon.com Inc.&nbsp;pushed back against speculation it will accept the token for payments this year, offering investors another reminder of the coin’s volatility.</p>\n<p>The largest digital currency dropped as much as 3.5% and was trading at about $37,100 as of 1:44 p.m. in Hong Kong, extending a late reversal in U.S. trading. Rival coins including Ether and Litecoin also retreated.</p>\n<p>Bitcoin’s latest roller-coaster ride accelerated Monday as traders digested an Amazon executive&nbsp;job posting&nbsp;linked to crypto, sending prices soaring. The rally quickly ran out of steam hours later, after a company spokesperson denied the token will be accepted for payments this year.</p>\n<p>Investors rushing to cover bearish bets helped propel Bitcoin’s earlier advance to a peak of $40,545, its highest since June 15. More than $950 million of crypto shorts were liquidated on Monday, the most since May 19, according to data&nbsp;from Bybt.com.</p>\n<p>“Shorts were piling up as we were moving down, assuming we were looking at a minimum of $25,000, which was expected across the board,” said Vijay Ayyar, head of crypto exchange Luno’s Asia Pacific business. “But then there was heavy accumulation in the $29,000 to $30,000 region, which caught a lot of those shorts unaware and hence led to the spring upwards.”</p>\n<p>Bitcoin’s price volatility is part of a wider, multi-wave correction since a record high was reached in April, Ayyar said. The price could rebound as high as $45,000 in the near term before another potential drop, he said.</p>\n<p>“We’re still seeing the correction play out,” he added.</p>\n<p>The latest gyrations came amid concerns about a chill in the crypto industry after Bitcoin’s hot run to a record of almost $65,000 &nbsp;faded amid rising regulatory and environmental concerns. There are plenty of factors traders can point to for this week’s moves, as proponents look for the next catalyst to break the coin out of its tight trading range of $30,000 to $40,000 in recent months.</p>\n<p>“Bitcoin‘s biggest risk this week could be a hawkish surprise from the Fed, which might explain why prices have not yet been able to clear the psychological $40,000 level,” said Edward Moya, senior market analyst with Oanda Corp. The Federal Reserve will announce its next rate decision Wednesday.</p>\n<p>Bloomberg News earlier&nbsp;reported a U.S. probe&nbsp;into Tether is homing in on whether executives behind the token committed bank fraud.</p>\n<p><img src=\"https://static.tigerbbs.com/a9b821fcdf8396e5d3fdc1f9e3ead006\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Ether was down as much as 5%, reversing Monday’s earlier advance ahead of an&nbsp;upgrade&nbsp;due on Aug. 4 that will reduce the amount of outstanding tokens by destroying some of them every time it’s used to fuel transactions on the world’s most-used blockchain.</p>\n<p>On Binance, the largest crypto exchange, Bitcoin perpetual contracts jumped as much as 30% over an hour in early New York trading, a sign of extreme volatility in one of the coin’s most liquid derivatives.</p>\n<p>Sentiment also got a bit of a boost last week after Tesla Inc.’s Elon Musk said his firm was likely to eventually&nbsp;accept&nbsp;Bitcoin again and that his space exploration company SpaceX owns the digital token. Bitcoin bounced back above the 50-day moving average for the first time since May on the weekend.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Stocks tumbled in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Stocks tumbled in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-27 16:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto Stocks tumbled in premarket trading&nbsp;on&nbsp;Amazon denimg report of accepting bitcoin as payment.Bit Digital,The9,SOS Ltd,Canaan,Ebang&nbsp;international,Marathon Digital Holdings,Riot Blockchain,Coinbase Global&nbsp;and&nbsp;Square&nbsp;plunged between 1% and 19%.</p>\n<p><img src=\"https://static.tigerbbs.com/e53c1ef7ac57d4219f6590506a3f3800\" tg-width=\"352\" tg-height=\"546\" width=\"100%\" height=\"auto\"></p>\n<p>Bitcoin fell after briefly rallying past $40,000, as&nbsp;Amazon.com Inc.&nbsp;pushed back against speculation it will accept the token for payments this year, offering investors another reminder of the coin’s volatility.</p>\n<p>The largest digital currency dropped as much as 3.5% and was trading at about $37,100 as of 1:44 p.m. in Hong Kong, extending a late reversal in U.S. trading. Rival coins including Ether and Litecoin also retreated.</p>\n<p>Bitcoin’s latest roller-coaster ride accelerated Monday as traders digested an Amazon executive&nbsp;job posting&nbsp;linked to crypto, sending prices soaring. The rally quickly ran out of steam hours later, after a company spokesperson denied the token will be accepted for payments this year.</p>\n<p>Investors rushing to cover bearish bets helped propel Bitcoin’s earlier advance to a peak of $40,545, its highest since June 15. More than $950 million of crypto shorts were liquidated on Monday, the most since May 19, according to data&nbsp;from Bybt.com.</p>\n<p>“Shorts were piling up as we were moving down, assuming we were looking at a minimum of $25,000, which was expected across the board,” said Vijay Ayyar, head of crypto exchange Luno’s Asia Pacific business. “But then there was heavy accumulation in the $29,000 to $30,000 region, which caught a lot of those shorts unaware and hence led to the spring upwards.”</p>\n<p>Bitcoin’s price volatility is part of a wider, multi-wave correction since a record high was reached in April, Ayyar said. The price could rebound as high as $45,000 in the near term before another potential drop, he said.</p>\n<p>“We’re still seeing the correction play out,” he added.</p>\n<p>The latest gyrations came amid concerns about a chill in the crypto industry after Bitcoin’s hot run to a record of almost $65,000 &nbsp;faded amid rising regulatory and environmental concerns. There are plenty of factors traders can point to for this week’s moves, as proponents look for the next catalyst to break the coin out of its tight trading range of $30,000 to $40,000 in recent months.</p>\n<p>“Bitcoin‘s biggest risk this week could be a hawkish surprise from the Fed, which might explain why prices have not yet been able to clear the psychological $40,000 level,” said Edward Moya, senior market analyst with Oanda Corp. The Federal Reserve will announce its next rate decision Wednesday.</p>\n<p>Bloomberg News earlier&nbsp;reported a U.S. probe&nbsp;into Tether is homing in on whether executives behind the token committed bank fraud.</p>\n<p><img src=\"https://static.tigerbbs.com/a9b821fcdf8396e5d3fdc1f9e3ead006\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Ether was down as much as 5%, reversing Monday’s earlier advance ahead of an&nbsp;upgrade&nbsp;due on Aug. 4 that will reduce the amount of outstanding tokens by destroying some of them every time it’s used to fuel transactions on the world’s most-used blockchain.</p>\n<p>On Binance, the largest crypto exchange, Bitcoin perpetual contracts jumped as much as 30% over an hour in early New York trading, a sign of extreme volatility in one of the coin’s most liquid derivatives.</p>\n<p>Sentiment also got a bit of a boost last week after Tesla Inc.’s Elon Musk said his firm was likely to eventually&nbsp;accept&nbsp;Bitcoin again and that his space exploration company SpaceX owns the digital token. Bitcoin bounced back above the 50-day moving average for the first time since May on the weekend.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc.","BTBT":"Bit Digital, Inc.","SOS":"SOS Limited","NCTY":"第九城市","MARA":"Marathon Digital Holdings Inc","EBON":"亿邦国际","CAN":"嘉楠科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140105060","content_text":"Crypto Stocks tumbled in premarket trading on Amazon denimg report of accepting bitcoin as payment.Bit Digital,The9,SOS Ltd,Canaan,Ebang international,Marathon Digital Holdings,Riot Blockchain,Coinbase Global and Square plunged between 1% and 19%.\n\nBitcoin fell after briefly rallying past $40,000, as Amazon.com Inc. pushed back against speculation it will accept the token for payments this year, offering investors another reminder of the coin’s volatility.\nThe largest digital currency dropped as much as 3.5% and was trading at about $37,100 as of 1:44 p.m. in Hong Kong, extending a late reversal in U.S. trading. Rival coins including Ether and Litecoin also retreated.\nBitcoin’s latest roller-coaster ride accelerated Monday as traders digested an Amazon executive job posting linked to crypto, sending prices soaring. The rally quickly ran out of steam hours later, after a company spokesperson denied the token will be accepted for payments this year.\nInvestors rushing to cover bearish bets helped propel Bitcoin’s earlier advance to a peak of $40,545, its highest since June 15. More than $950 million of crypto shorts were liquidated on Monday, the most since May 19, according to data from Bybt.com.\n“Shorts were piling up as we were moving down, assuming we were looking at a minimum of $25,000, which was expected across the board,” said Vijay Ayyar, head of crypto exchange Luno’s Asia Pacific business. “But then there was heavy accumulation in the $29,000 to $30,000 region, which caught a lot of those shorts unaware and hence led to the spring upwards.”\nBitcoin’s price volatility is part of a wider, multi-wave correction since a record high was reached in April, Ayyar said. The price could rebound as high as $45,000 in the near term before another potential drop, he said.\n“We’re still seeing the correction play out,” he added.\nThe latest gyrations came amid concerns about a chill in the crypto industry after Bitcoin’s hot run to a record of almost $65,000  faded amid rising regulatory and environmental concerns. There are plenty of factors traders can point to for this week’s moves, as proponents look for the next catalyst to break the coin out of its tight trading range of $30,000 to $40,000 in recent months.\n“Bitcoin‘s biggest risk this week could be a hawkish surprise from the Fed, which might explain why prices have not yet been able to clear the psychological $40,000 level,” said Edward Moya, senior market analyst with Oanda Corp. The Federal Reserve will announce its next rate decision Wednesday.\nBloomberg News earlier reported a U.S. probe into Tether is homing in on whether executives behind the token committed bank fraud.\n\nEther was down as much as 5%, reversing Monday’s earlier advance ahead of an upgrade due on Aug. 4 that will reduce the amount of outstanding tokens by destroying some of them every time it’s used to fuel transactions on the world’s most-used blockchain.\nOn Binance, the largest crypto exchange, Bitcoin perpetual contracts jumped as much as 30% over an hour in early New York trading, a sign of extreme volatility in one of the coin’s most liquid derivatives.\nSentiment also got a bit of a boost last week after Tesla Inc.’s Elon Musk said his firm was likely to eventually accept Bitcoin again and that his space exploration company SpaceX owns the digital token. Bitcoin bounced back above the 50-day moving average for the first time since May on the weekend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178811024,"gmtCreate":1626796432768,"gmtModify":1703765456419,"author":{"id":"3559700461523213","authorId":"3559700461523213","name":"Dont be weak","avatar":"https://static.tigerbbs.com/06b3e51be6a54224a834dd01de25f3cc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559700461523213","authorIdStr":"3559700461523213"},"themes":[],"htmlText":"Rocket","listText":"Rocket","text":"Rocket","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/178811024","repostId":"2152657163","repostType":4,"repost":{"id":"2152657163","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":1626795120,"share":"https://ttm.financial/m/news/2152657163?lang=&edition=fundamental","pubTime":"2021-07-20 23:32","market":"hk","language":"en","title":"AMC to reopen two of the top-grossing movie theaters in Los Angeles","url":"https://stock-news.laohu8.com/highlight/detail?id=2152657163","media":"Dow Jones","summary":"Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n\nAMC jumped ","content":"<blockquote>\n Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n</blockquote>\n<p><b>AMC</b><b>&nbsp;jumped&nbsp;nearly&nbsp;9%&nbsp;in&nbsp;morning&nbsp;trading.</b></p>\n<p><img src=\"https://static.tigerbbs.com/39be46abc677a91e48d845a873557c43\" tg-width=\"824\" tg-height=\"609\" width=\"100%\" height=\"auto\"></p>\n<p>AMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.</p>\n<p>AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.</p>\n<p>The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.</p>\n<p>AMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.</p>\n<p>In 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.</p>\n<p>AMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"</p>\n<p>\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"</p>\n<p>AMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC to reopen two of the top-grossing movie theaters in Los Angeles</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\">\nAMC to reopen two of the top-grossing movie theaters in Los Angeles\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\">2021-07-20 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n</blockquote>\n<p><b>AMC</b><b>&nbsp;jumped&nbsp;nearly&nbsp;9%&nbsp;in&nbsp;morning&nbsp;trading.</b></p>\n<p><img src=\"https://static.tigerbbs.com/39be46abc677a91e48d845a873557c43\" tg-width=\"824\" tg-height=\"609\" width=\"100%\" height=\"auto\"></p>\n<p>AMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.</p>\n<p>AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.</p>\n<p>The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.</p>\n<p>AMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.</p>\n<p>In 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.</p>\n<p>AMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"</p>\n<p>\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"</p>\n<p>AMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152657163","content_text":"Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n\nAMC jumped nearly 9% in morning trading.\n\nAMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.\nAMC $(AMC)$ said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.\nThe two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.\nAMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.\nIn 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.\nAMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"\n\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"\nAMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}