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2021-08-13

like pls

Office-sharing startup WeWork posts smaller second-quarter loss

2021-08-03

Pls give likey [Smile]

NYC Orders Restaurants And Gyms To Demand Proof Of Vaccination From All Customers

2021-07-08

$Exela Technologies, Inc.(XELA)$Flying

2021-08-16

$Exela Technologies, Inc.(XELA)$Pls climb

2021-08-10

Please give a ??

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2021-08-08

$Exela Technologies, Inc.(XELA)$[Sad]

2021-07-22

Pls likey thanks

Startup Claims Breakthrough in Long-Duration Batteries

2021-08-30

$Exela Technologies, Inc.(XELA)$Pls go up

2021-07-23

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Wall Street ekes out gains, led by tech, growth stocks

2021-07-20

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Is Now The Time To Buy Into Nvidia, AMC, Or GameStop?

2021-07-17

Pls like [Salute]

Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal

2021-07-24

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What will Apple say about the next iPhone at earnings time? Maybe more than usual

2021-07-21

Pls like thankssss

Netflix Slides After Subscriber Guidance Misses Estimates

2021-07-18

[Smile]

Is This Apple Supplier a Buy Before Its Next Earnings Report?

2021-08-21

Ok

Buy the pullback in chip stocks — and focus on these 6 companies for the long haul

2021-08-12

$Palantir Technologies Inc.(PLTR)$Pls continue to fly

2021-03-19

$Palantir Technologies Inc.(PLTR)$upppp

2021-08-23

Like thanks

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2021-08-19

$Palantir Technologies Inc.(PLTR)$Good job & pls continue

2021-08-15

$Palantir Technologies Inc.(PLTR)$Flyy

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days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.06.01","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>[Smile]&nbsp;","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>[Smile]&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$[Smile]","images":[{"img":"https://static.tigerbbs.com/ce7183d1afd385348891435ff3d1bf1b","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815252176","isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":811254367,"gmtCreate":1630329487559,"gmtModify":1676530270481,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Pls go up","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Pls go up","text":"$Exela Technologies, Inc.(XELA)$Pls go up","images":[{"img":"https://static.tigerbbs.com/c776be37a2ece87d916949f913fd11e7","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811254367","isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":819556666,"gmtCreate":1630079420555,"gmtModify":1676530220400,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>[Miser]&nbsp;","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>[Miser]&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$[Miser]","images":[{"img":"https://static.tigerbbs.com/1ab8c72653127313ae76d2f81b34fa7f","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819556666","isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":835112141,"gmtCreate":1629693050383,"gmtModify":1676530101884,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Like thanks&nbsp;","listText":"Like thanks&nbsp;","text":"Like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835112141","repostId":"2161742695","repostType":4,"repost":{"id":"2161742695","pubTimestamp":1629690480,"share":"https://ttm.financial/m/news/2161742695?lang=&edition=fundamental","pubTime":"2021-08-23 11:48","market":"us","language":"en","title":"5 Top Stocks That Can Turn $200,000 Into $1 Million (or More) by 2035","url":"https://stock-news.laohu8.com/highlight/detail?id=2161742695","media":"Motley Fool","summary":"These surefire stocks can make patient investors a whole lot richer.","content":"<p>Time and again, Wall Street has demonstrated that it handsomely rewards patient investors. Despite the benchmark <b>S&amp;P 500</b> losing 34% of its value in a mere 33 calendar days during the first quarter of 2020, the index took less than 17 months to double in value following its bear-market bottom. In other words, buying great companies and allowing your investment thesis to play out over time continues to be a successful wealth-building strategy.</p>\n<p>Even with the market a stone's throw from an all-time high, the following five top stocks can all be purchased right now and offer the potential to turn $200,000 into $1 million (or more) by 2035.</p>\n<h2>Sea Limited</h2>\n<p>The first top stock that could make patient investors a lot richer by 2035 is Singapore-based <b>Sea Limited</b> (NYSE:SE). Despite having a $162 billion market cap (as of Aug. 17), it could well be on its way to a $1 trillion valuation.</p>\n<p>Sea's secret to success (say that three times fast) is the company's three rapidly growing operating segments. The gaming division is currently its most successful, in terms of generating positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Sea ended June with roughly 725 million active gamers, 92.2 million of whom were paying to play. Having 12.7% of its active gamers paying is a substantially higher conversion rate than the industry average.</p>\n<p>But as I've previously noted, it's the company's e-commerce platform Shopee that is the real long-term growth driver. Shopee has consistently been the most-downloaded shopping app in Southeast Asia, and it's gaining ground in Brazil. With a focus on emerging markets, Shopee handled 1.4 billion gross orders in the second quarter and saw $15 billion in gross merchandise value (GMV) traverse its platform. That's nearly 50% more GMV than it generated in all of 2018.</p>\n<p>Lastly, Sea's relatively new mobile wallet services handled more than $4.1 billion in payments in the second quarter, representing an almost 150% year-over-year increase. Since Sea's are targeting emerging markets that are, in many instances, underbanked, mobile wallets can be a powerful solution for the middle class.</p>\n<h2>PubMatic</h2>\n<p>Keep in mind that top stocks don't have to sport megacap valuations. Cloud-based advertising technology company <b>PubMatic</b> (NASDAQ:PUBM) is the perfect example of a fast-growing small-cap company taking advantage of increasingly digitized content.</p>\n<p>PubMatic is a sell-side platform in the programmatic ad industry, which means it works with publishers to help them sell their display space to advertisers. The beauty of this cloud-based ad-tech infrastructure is that it completely handles the buying, selling, and optimization of ads, while also allowing its clients to set parameters, such as the lowest price they'd accept for selling their display space. This ensures that publishers stay happy, while maximizing the experience for users.</p>\n<p>If PubMatic's latest quarterly report is any indication of how things are going, it has a bright future. Based on its net-dollar-based retention rate of 150%, existing publishers spent 50% more on the platform than they did in the second quarter of last year. While some of this increase likely had to do with the uncertainties tied to the pandemic in 2020, PubMatic has been consistently growing its top line by 30% annually.</p>\n<p>There aren't too many profitable small-cap stocks with sustainable double-digit growth potential, but PubMatic fits the bill.</p>\n<h2>Berkshire Hathaway</h2>\n<p>Another top stock that's consistently delivered for its shareholders and can turn a $200,000 investment into $1 million or more by 2035, is conglomerate <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B).</p>\n<p>You might be scratching your head at the idea of Warren Buffett's company turning its $655 billion market cap into $3.3 trillion by 2035, but it's a lot saner than you probably realize. You see, Berkshire Hathaway has averaged...<i>averaged</i>...an annual return of 20% between 1965 and 2020. For Berkshire to reach a $3.3 trillion valuation, it would simply need to average a return of a little over 12% a year. That's quite doable given Berkshire's cyclical portfolio and its mammoth dividend income.</p>\n<p>While there are a number of reasons Warren Buffett is a great investor, his love for cyclical companies stands out. Buffett is well aware that, while recessions are inevitable, periods of economic expansion last significantly longer than recessions. He's playing a simple numbers game that favors the patient.</p>\n<p>The Oracle of Omaha's company is also set to receive more than $5 billion in dividend income this year, which works out to a nearly 5% yield on cost. Since dividend stocks are typically profitable and time-tested, they're ideal for an investor like Buffett, who takes a long-term view.</p>\n<h2>Planet 13 Holdings</h2>\n<p>Just in case I wasn't clear with PubMatic, small-cap stocks can be top stocks, too. Within the U.S. cannabis space, <b>Planet 13 Holdings</b> (OTC:PLNH.F) has a good shot at delivering a 400% return or greater for growth investors.</p>\n<p>While you might be of the opinion that marijuana stocks are a dime a dozen, Planet 13 is a completely different beast. It only has two operating dispensaries, but they're nothing like any other marijuana retail store in the United States. The company's Las Vegas SuperStore spans 112,000 square feet and features a restaurant, events center, and consumer-facing processing center, to name a few features. Meanwhile, the <a href=\"https://laohu8.com/S/ORAN\">Orange</a> County SuperStore in Santa Ana, Calif., will span 55,000 square feet, when completely built out, and offers 16,500 square feet of selling space. These dispensaries are go-to experiences for cannabis enthusiasts, which is going to allow Planet 13 to stand out in a crowded industry.</p>\n<p>Additionally, whereas the pandemic was devastating for a number of businesses, it was ultimately a positive for Planet 13. It forced the company to market to residents in and around Las Vegas, which broadened its horizons beyond just tourists. With a strong local following, Planet 13 appears ready to make the turn to recurring profitability.</p>\n<p>Assuming its Las Vegas blueprint works in other major cities, Planet 13 could easily help patient investors become millionaires.</p>\n<h2>Square</h2>\n<p>A fifth and final top stock that has the ability to turn a $200,000 investment into a life-altering amount of money is fintech <b>Square</b> (NYSE:SQ).</p>\n<p>For more than a decade, Square's foundational operating segment has been its seller ecosystem. This is the division that provides point-of-sale devices, loans, and analytics to merchants to help them grow their business. For some context, Square's gross payment volume (GPV) has grown from $6.5 billion in 2012 to what might be north of $140 billion in 2021. And take note, the seller ecosystem isn't just for small businesses any longer. In Square's second-quarter results, 65% of total GPV came from merchants with at least $125,000 in annualized GPV.</p>\n<p>However, Square's bigger long-term growth driver is the Cash App. In just three years (end of 2017 to the end of 2020), its monthly active users skyrocketed from 7 million to 36 million, with Cash App becoming the most-downloaded payments app in the United States. It's also bringing in $55 in gross profit per user, while spending only around $5 to attract each new user. Those are margins that'll make patient investors rich.</p>\n<p>The icing on the cake for Square is that it's acquiring Australian buy now, pay later platform <b>Afterpay </b>(OTC:AFTP.Y) for $29 billion in an all-stock deal. While pricey, this deal will tie its seller ecosystem and Cash App together, creating a closed ecosystem that could really allow Square to thrive.</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>5 Top Stocks That Can Turn $200,000 Into $1 Million (or More) by 2035</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Top Stocks That Can Turn $200,000 Into $1 Million (or More) by 2035\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/22/5-top-stocks-can-turn-200000-to-1-million-by-2035/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Time and again, Wall Street has demonstrated that it handsomely rewards patient investors. Despite the benchmark S&P 500 losing 34% of its value in a mere 33 calendar days during the first quarter of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/22/5-top-stocks-can-turn-200000-to-1-million-by-2035/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","SE":"Sea Ltd","PUBM":"PubMatic, Inc.","BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.fool.com/investing/2021/08/22/5-top-stocks-can-turn-200000-to-1-million-by-2035/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161742695","content_text":"Time and again, Wall Street has demonstrated that it handsomely rewards patient investors. Despite the benchmark S&P 500 losing 34% of its value in a mere 33 calendar days during the first quarter of 2020, the index took less than 17 months to double in value following its bear-market bottom. In other words, buying great companies and allowing your investment thesis to play out over time continues to be a successful wealth-building strategy.\nEven with the market a stone's throw from an all-time high, the following five top stocks can all be purchased right now and offer the potential to turn $200,000 into $1 million (or more) by 2035.\nSea Limited\nThe first top stock that could make patient investors a lot richer by 2035 is Singapore-based Sea Limited (NYSE:SE). Despite having a $162 billion market cap (as of Aug. 17), it could well be on its way to a $1 trillion valuation.\nSea's secret to success (say that three times fast) is the company's three rapidly growing operating segments. The gaming division is currently its most successful, in terms of generating positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Sea ended June with roughly 725 million active gamers, 92.2 million of whom were paying to play. Having 12.7% of its active gamers paying is a substantially higher conversion rate than the industry average.\nBut as I've previously noted, it's the company's e-commerce platform Shopee that is the real long-term growth driver. Shopee has consistently been the most-downloaded shopping app in Southeast Asia, and it's gaining ground in Brazil. With a focus on emerging markets, Shopee handled 1.4 billion gross orders in the second quarter and saw $15 billion in gross merchandise value (GMV) traverse its platform. That's nearly 50% more GMV than it generated in all of 2018.\nLastly, Sea's relatively new mobile wallet services handled more than $4.1 billion in payments in the second quarter, representing an almost 150% year-over-year increase. Since Sea's are targeting emerging markets that are, in many instances, underbanked, mobile wallets can be a powerful solution for the middle class.\nPubMatic\nKeep in mind that top stocks don't have to sport megacap valuations. Cloud-based advertising technology company PubMatic (NASDAQ:PUBM) is the perfect example of a fast-growing small-cap company taking advantage of increasingly digitized content.\nPubMatic is a sell-side platform in the programmatic ad industry, which means it works with publishers to help them sell their display space to advertisers. The beauty of this cloud-based ad-tech infrastructure is that it completely handles the buying, selling, and optimization of ads, while also allowing its clients to set parameters, such as the lowest price they'd accept for selling their display space. This ensures that publishers stay happy, while maximizing the experience for users.\nIf PubMatic's latest quarterly report is any indication of how things are going, it has a bright future. Based on its net-dollar-based retention rate of 150%, existing publishers spent 50% more on the platform than they did in the second quarter of last year. While some of this increase likely had to do with the uncertainties tied to the pandemic in 2020, PubMatic has been consistently growing its top line by 30% annually.\nThere aren't too many profitable small-cap stocks with sustainable double-digit growth potential, but PubMatic fits the bill.\nBerkshire Hathaway\nAnother top stock that's consistently delivered for its shareholders and can turn a $200,000 investment into $1 million or more by 2035, is conglomerate Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B).\nYou might be scratching your head at the idea of Warren Buffett's company turning its $655 billion market cap into $3.3 trillion by 2035, but it's a lot saner than you probably realize. You see, Berkshire Hathaway has averaged...averaged...an annual return of 20% between 1965 and 2020. For Berkshire to reach a $3.3 trillion valuation, it would simply need to average a return of a little over 12% a year. That's quite doable given Berkshire's cyclical portfolio and its mammoth dividend income.\nWhile there are a number of reasons Warren Buffett is a great investor, his love for cyclical companies stands out. Buffett is well aware that, while recessions are inevitable, periods of economic expansion last significantly longer than recessions. He's playing a simple numbers game that favors the patient.\nThe Oracle of Omaha's company is also set to receive more than $5 billion in dividend income this year, which works out to a nearly 5% yield on cost. Since dividend stocks are typically profitable and time-tested, they're ideal for an investor like Buffett, who takes a long-term view.\nPlanet 13 Holdings\nJust in case I wasn't clear with PubMatic, small-cap stocks can be top stocks, too. Within the U.S. cannabis space, Planet 13 Holdings (OTC:PLNH.F) has a good shot at delivering a 400% return or greater for growth investors.\nWhile you might be of the opinion that marijuana stocks are a dime a dozen, Planet 13 is a completely different beast. It only has two operating dispensaries, but they're nothing like any other marijuana retail store in the United States. The company's Las Vegas SuperStore spans 112,000 square feet and features a restaurant, events center, and consumer-facing processing center, to name a few features. Meanwhile, the Orange County SuperStore in Santa Ana, Calif., will span 55,000 square feet, when completely built out, and offers 16,500 square feet of selling space. These dispensaries are go-to experiences for cannabis enthusiasts, which is going to allow Planet 13 to stand out in a crowded industry.\nAdditionally, whereas the pandemic was devastating for a number of businesses, it was ultimately a positive for Planet 13. It forced the company to market to residents in and around Las Vegas, which broadened its horizons beyond just tourists. With a strong local following, Planet 13 appears ready to make the turn to recurring profitability.\nAssuming its Las Vegas blueprint works in other major cities, Planet 13 could easily help patient investors become millionaires.\nSquare\nA fifth and final top stock that has the ability to turn a $200,000 investment into a life-altering amount of money is fintech Square (NYSE:SQ).\nFor more than a decade, Square's foundational operating segment has been its seller ecosystem. This is the division that provides point-of-sale devices, loans, and analytics to merchants to help them grow their business. For some context, Square's gross payment volume (GPV) has grown from $6.5 billion in 2012 to what might be north of $140 billion in 2021. And take note, the seller ecosystem isn't just for small businesses any longer. In Square's second-quarter results, 65% of total GPV came from merchants with at least $125,000 in annualized GPV.\nHowever, Square's bigger long-term growth driver is the Cash App. In just three years (end of 2017 to the end of 2020), its monthly active users skyrocketed from 7 million to 36 million, with Cash App becoming the most-downloaded payments app in the United States. It's also bringing in $55 in gross profit per user, while spending only around $5 to attract each new user. Those are margins that'll make patient investors rich.\nThe icing on the cake for Square is that it's acquiring Australian buy now, pay later platform Afterpay (OTC:AFTP.Y) for $29 billion in an all-stock deal. While pricey, this deal will tie its seller ecosystem and Cash App together, creating a closed ecosystem that could really allow Square to thrive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832657598,"gmtCreate":1629626800714,"gmtModify":1676530082061,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>[What]&nbsp;","listText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>[What]&nbsp;","text":"$Coinbase Global, Inc.(COIN)$[What]","images":[{"img":"https://static.tigerbbs.com/6ed43e847e9bbd7c6f035cd44a49ed9a","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832657598","isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":832087477,"gmtCreate":1629542598499,"gmtModify":1676530068411,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832087477","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","pubTimestamp":1629728324,"share":"https://ttm.financial/m/news/1151608193?lang=&edition=fundamental","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</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>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</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\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?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":{"ASML":"阿斯麦","AAPL":"苹果","TSM":"台积电","QCOM":"高通","AMZN":"亚马逊","GOOG":"谷歌","ON":"安森美半导体","SSNLF":"三星电子","SNPS":"新思科技","GOOGL":"谷歌A","NVDA":"英伟达","SOXX":"iShares费城交易所半导体ETF","CDNS":"铿腾电子"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838117257,"gmtCreate":1629380755779,"gmtModify":1676530022035,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Pls like thanks","listText":"Pls like thanks","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838117257","repostId":"1187370917","repostType":4,"repost":{"id":"1187370917","pubTimestamp":1629376609,"share":"https://ttm.financial/m/news/1187370917?lang=&edition=fundamental","pubTime":"2021-08-19 20:36","market":"us","language":"en","title":"Stocks Plunge, Commodities Tumble, Dollar Soars On Global Risk-Off Wave","url":"https://stock-news.laohu8.com/highlight/detail?id=1187370917","media":"zerohedge","summary":"In a perfect storm of adverse developments suddenly sweeping the complacent and calm sea of manipula","content":"<p>In a perfect storm of adverse developments suddenly sweeping the complacent and calm sea of manipulated global markets, overnight futures plunged, global stocks slumped, commodities tumbled, as investors rushed to the safety of Treasurys, sending yields sharply lower and pushing the dollar to the highest level since November,&nbsp; amid concern the Federal Reserve may start tapering stimulus this year even as the delta virus variant undermines global growth. At 730 a.m. ET, Dow e-minis were down 0.92%, S&amp;P 500 e-minis lower by 0.80% and Nasdaq 100 e-minis off 0.63%.</p>\n<p><img src=\"https://static.tigerbbs.com/9c9a6727a7f339d523ef916a23ebf439\" tg-width=\"1280\" tg-height=\"741\" referrerpolicy=\"no-referrer\">Suddenly dismal investor sentiment echoed in premarket trading where China-linked stocks including Alibaba Group plunged, sliding to a record low in Hong Kong trading. Luxury shares in Europe fell as China seemed to put its wealthiest on notice in favor of a “common prosperity.” Emerging-market equities plunged to this year’s low. All that meant a gauge of&nbsp;world stocks&nbsp;was poised for the worst week since February.&nbsp; US equity futures took a sharp leg lower after the Nikkei reported that Toyota was set to slash output by 40% as a result of the escalating chip shortage...</p>\n<p><img src=\"https://static.tigerbbs.com/2aad234bbd06291014bc40463d4363b5\" tg-width=\"1256\" tg-height=\"644\" referrerpolicy=\"no-referrer\">... while dragged the Nikkei225 to the lowest level since January.</p>\n<p><img src=\"https://static.tigerbbs.com/74a87979826f768a4759aeecea6ab4b8\" tg-width=\"1260\" tg-height=\"646\" referrerpolicy=\"no-referrer\">Rising stagflation concerns, culminating withGoldman cutting its GDP forecast while hiking its inflation projections, sent energy stocks sliding as oil prices plunged to their lowest level in about three months. Chevron and Exxon Mobil fell 1.6% as oil sank to its lowest since May 21, pressured partly by a stronger U.S. dollar and a surprise increase in U.S. gasoline inventories.</p>\n<p><img src=\"https://static.tigerbbs.com/10a67b750a653765aeeaa6eb1735fbe4\" tg-width=\"1259\" tg-height=\"648\" referrerpolicy=\"no-referrer\">Robinhood shares tumbled 12% after the owner of the retail frontrunning app warned the trading frenzy among small-time investors that boosted its second-quarter revenue would slow down in the coming months; the company also revealed that there is barely any growth in its core options and stocks business and the only revenue bump was due to a Dogecoin trading frenzy.</p>\n<p><img src=\"https://static.tigerbbs.com/8eca8fb8a4d2bb08a78ae20fe3e1f6be\" tg-width=\"882\" tg-height=\"464\" referrerpolicy=\"no-referrer\">Elsewhere, travel-related stocks including cruiseliners and airlines fell nearly 3% on fears the spread of the Delta variant of the coronavirus could spark more travel restrictions.&nbsp; Here are some of the other notable pre-movers today:</p>\n<ul>\n <li>Chinese stocks listed in the U.S. slump following a selloff of Chinese technology giants in Asia after Beijing hit the industry with a fresh round of regulations. Alibaba (BABA) falls 3%.</li>\n <li>Eros STX (ESGC) jumps 19% in second day of gains after a report Wednesday saying the television content firm entered an output pact with Amazon Prime Video in South Africa.</li>\n <li>Macy’s (M) gains 3% as its forecast for full-year net sales beat the average analyst estimate.</li>\n <li>Joyy (YY) shares dip about 5% after the China-based video-social media company reported second-quarter results and gave an outlook that disappointed.</li>\n <li>PharmaCyte Biotech (PMCB) drops 58% after announcing a registered direct offering via HC Wainwright.</li>\n <li>Protagenic Therapeutics (PTIX) rises 7% and is poised to extend gains for a third session after providing an update on therapies to treat stress-related neurologic disorders earlier in the week.</li>\n <li>Shares of U.S. banks tumble as the 10-year Treasury yield retreats back below 1.23% amid concerns that the delta variant of the coronavirus could threaten the global economic recovery. Bank of America (BAC) falls 1.7%.</li>\n <li>Victoria’s Secret (VSCO) falls 8.6% after the lingerie maker disappointed Wall Street with second-quarter sales and forecasts for third- quarter EPS and sales that missed estimates.</li>\n <li>Vipshop Holdings ADRs (VIPS) drop 3% after the company was downgraded to neutral at Credit Suisse, which cites a challenging outlook for the online retailer amid slower e-commerce growth.</li>\n</ul>\n<p>Sentiment deteriorated rapidly at the close of trading on Wednesday when the FOMC's latest minutes showed officials felt the employment benchmark for decreasing support for the economy<b>“could be reached this year”,</b>sending the S&amp;P 500 sliding 1% in its worst day in a month.</p>\n<p><b>“I don’t think anybody will be surprised if tapering starts at the end of this year,”</b>Dana D’Auria, Envestnet co-chief investment officer, said on Bloomberg Television. She added that the pace of reopenings is a concern for investors amid the spread of the delta strain.</p>\n<p>Concerns about the sudden tapering at a time when macroeconomic data was signaling a slowdown in U.S. economic growth have knocked Wall Street’s main indexes off record highs this week. Overnight, Goldman slashed its Q3 GDP forecast from 8.5% to 5.5% while hiking its inflation forecast, effectively warning of stagflation.</p>\n<p><img src=\"https://static.tigerbbs.com/cac3d7e08c01e3117276cba4e98c1719\" tg-width=\"826\" tg-height=\"487\" referrerpolicy=\"no-referrer\">European stocks slid the most in a month, with the Stoxx 600 Index falling 1.8%, as luxury stocks slumped again, among the worst performers in Europe’s Stoxx 600 Index, after Chinese state media this week said President Xi Jinping offered an outline for “common prosperity” that includes income regulation and redistribution, putting China’s wealthiest citizens on notice. Notable movers included Richemont -6.6%, Kering -7.8%, LVMH -5.6%, Swatch -5.1%, Burberry -4.2%, and Hermes -3.8%.</p>\n<p><img src=\"https://static.tigerbbs.com/a1f74f231194751d8197dd84f6a91b56\" tg-width=\"1258\" tg-height=\"647\" referrerpolicy=\"no-referrer\">The Stoxx 600 Basic Resources index extends its fall, down as much as 5%, with miners under pressure from slumping metal prices. Iron ore plunges and copper hits four-month low amid worries about Chinese steel production levels, risks to global growth and the prospect of reduced U.S. stimulus. Here are some of the biggest European movers today:</p>\n<ul>\n <li>Nibe shares rise as much as 10% in their steepest intraday advance since May after 2Q operating profit beat the highest analyst estimate.</li>\n <li>Coloplast gains as much as 3.9%, the most since June 30 and enough to erase Wednesday’s 2.7% drop that followed 3Q earnings.</li>\n <li>Adyen rises as much as 3.8% to a record high, after results which Jefferies says were better than expected.</li>\n <li>GN Store Nord slumps as much as 11% after 2Q results that Handelsbanken (buy) says showed the first disappointment for its audio business, which had until now been the key positive for the stock.</li>\n <li>Nel falls as much as 11% after 2Q earnings.</li>\n <li>Siegfried slides as much as 10%, the steepest intraday drop since March 2015, after 1H sales missed estimates. Vontobel notes “high” expectations in the market that aren’t being met.</li>\n</ul>\n<p>Earlier in the session, Asian stocks slumped, led by tech and commodity names, after minutes of the Federal Reserve’s latest meeting signaled that it could start paring stimulus from later this year.<b>The MSCI Asia Pacific Index slid as much as 1.8%, with Alibaba, Taiwan Semiconductor and BHP Group among the biggest drags</b>. Copper and iron ore prices slipped while oil dropped to the lowest level since May. Equity benchmarks in Taiwan, Hong Kong and Indonesia were the biggest losers in Asia as the dollar rose to its strongest level in nearly five months. “Stock investors are probably worried that easy monetary policies will likely become less easy soon as specter of reduced bond purchases is upon us,” said Chetan Seth, Asia-Pacific equity strategist at Nomura Holdings. Ongoing concerns around China growth slowdown/regulatory crackdown and the delta variant are other reasons for the selloff, he said. Asia’s stock benchmark has lost more than 3% this week, widening its underperformance versus global peers in 2021, as the spread of the delta variant casts a pall on the outlook for growth. A deepening selloff in Chinese tech shares amid Beijing’s regulatory onslaught is making matters worse for Asia.</p>\n<p><b>Japanese equities fell, pushing the Nikkei 225 Stock Average to its lowest close in seven months,</b>weighed down by heavyweight Toyota, which slid 4.4%. The automaker is cutting its global production for September by 40% from initial plans, the Nikkei reported without attribution. Stocks opened the day lower after the Fed’s meeting minutes signaled that a decision on a reduction of its bond-buying program could happen in 2021. Declines gained momentum in late afternoon trading following a Nikkei report that semiconductor shortages will force Toyota to cut global output for September by 40% from its initial plans. Toyota was the single biggest drag on the Topix, which closed 1.4% lower. Electronics and auto makers weighed the most among industry groups. Chip equipment makers Tokyo Electron Ltd and Advantest Corp. were the largest contributors to a 1.1% loss in the Nikkei 225</p>\n<p>Taiwan’s benchmark slumped the most in more than three months, dragged down by losses in chipmakers. Gauges in Hong Kong, South Korea and Indonesia lost about 2% each. “The bottom fishing across Asia we saw yesterday has vanished today,” Jeffrey Halley, senior market analyst for Asia Pacific at Oanda Asia Pacific Pte, wrote in a note. “Next week’s Jackson Hole Symposium may give markets more visibility on the Fed’s current thinking, and if not, the September FOMC meeting certainly will.”</p>\n<p>In Australia, the S&amp;P/ASX 200 index closed 0.5% lower at 7,464.60, falling for a fourth straight day. The benchmark finished at its lowest since July 30. Miners were the biggest drag as a rout in iron ore accelerated as China pushed forward with a pledge to curb steel production. Sentiment took a hit as Australia suffered its worst day since the start of the Covid-19 pandemic, with total daily cases surpassing the previous record posted more than a year ago. Australia’s labor market softened in July.&nbsp; Redbubble was the best performer after reporting earnings. Codan was the biggest laggard after flagging Covid-19 uncertainties around its supply chain. In New Zealand, the S&amp;P/NZX 50 index rose 1.9% to 12,956.98.</p>\n<p>In FX, the dollar rose to its strongest level since November after Federal Reserve minutes signaled policy normalization will likely start this year and investors sought safe havens amid risk instability. The Bloomberg Dollar Spot Index advanced with the greenback higher against its Group-of-10 peers except the franc and yen.</p>\n<p><img src=\"https://static.tigerbbs.com/3293c826027b051644d4ff1fa96708da\" tg-width=\"1260\" tg-height=\"648\" referrerpolicy=\"no-referrer\">“Although yesterday’s Fed minutes did not provide any more strong hawkish signals, the dollar’s role as the ultimate safe haven is continuing to underpin its strong momentum amid more risk instability,” said ING analysts including Francesco Pesole.</p>\n<p>Norway’s krone touched almost a one-month low versus the dollar, even after Norges Bank reiterated that the policy rate will most likely be raised in September; oil prices slumped. The Australian and New Zealand dollars fell a fourth straight day against the greenback. The Aussie dipped under 72 U.S. cents for the first time since November as investors ignored the strong headline beats in July employment data and focused instead on the stronger U.S. dollar and a fresh record in Covid-19 numbers in New South Wales. RBNZ Governor Adrian Orr said it was “highly likely” the policy committee would have raised rates yesterday if it were not for the local lockdown.</p>\n<p>China's yuan advanced to its highest level since 2016 against a basket of currencies by China’s trading partners. Bonds gain for a third day as traders await the unveiling of China’s benchmark loan rates on Friday. USD/CNY rose above its 200-DMA for the first time since July 2020, up 0.2% to 6.495</p>\n<p>In rates, treasuries were higher in early U.S. trading led by the 30-year, whose yield dipped as much as 4.7bp to the lowest level since Aug. 5 amid broad declines for stocks and commodities. The 10Y yield traded sharply lower at 1.225%m while 30-year yield was down ~4.4bp at 1.854%, flattening 5s30s toward 110bp, the low end of its range over the past year; According to Bloomberg, gains for long end appear to have been aided by a block trade in bond futures during Asia session. Japanese bonds traded in a narrow range, with investors scooping up super-long maturities after yields rose on a weak auction</p>\n<p>A selloff in commodities deepened, Iron ore plunged more than 10% and copper sank to a four- month low as worries over Chinese steel production, global growth risks and the prospect of reduced U.S. stimulus roiled metals markets. Oil headed for the longest slump since the early days of the pandemic.</p>\n<p>Bitcoin, too, succumbed to the risk-off shift and fell for a fourth day, trading around $44,400 apiece.</p>\n<p>Focus on Thursday will be on the Labor Department’s weekly jobless claims report, before turning to the Fed’s annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank’s next steps. Many analysts expect the Fed to announce its plan to taper asset purchases as early as the Sept. 21-22 policy meeting. Minutes from the central bank’s&nbsp;July meetingshowed that most policy makers agreed the tapering could start later this year.</p>\n<p><b>Market Snapshot</b></p>\n<ul>\n <li>S&amp;P 500 futures down 0.9% to 4,353.75</li>\n <li>STOXX Europe 600 down 2.0% to 465.06</li>\n <li>MXAP down 1.7% to 193.21</li>\n <li>MXAPJ down 1.9% to 632.58</li>\n <li>Nikkei down 1.1% to 27,281.17</li>\n <li>Topix down 1.4% to 1,897.19</li>\n <li>Hang Seng Index down 2.1% to 25,316.33</li>\n <li>Shanghai Composite down 0.6% to 3,465.56</li>\n <li>Sensex down 0.3% to 55,629.49</li>\n <li>Australia S&amp;P/ASX 200 down 0.5% to 7,464.64</li>\n <li>Kospi down 1.9% to 3,097.83</li>\n <li>Brent Futures down 2.8% to $66.32/bbl</li>\n <li>Gold spot down 0.5% to $1,779.65</li>\n <li>U.S. Dollar Index up 0.22% to 93.34</li>\n <li>German 10Y yield down 1.3 bps to -0.494%</li>\n <li>Euro down 0.1% to $1.1694</li>\n</ul>\n<p><b>Top Overnight News from Bloomberg</b></p>\n<ul>\n <li>The European Central Bank’s recent revamp of plans for interest rates is only a first step in implementing the institution’s new strategy, according to chief economist Philip Lane</li>\n <li>U.S. corporate bonds haven’t looked this attractive for European and Japanese investors since April, which could keep foreign demand for the securities high in the coming weeks</li>\n <li>Covid-19 vaccines are less effective against the delta variant, according to results in the U.K. from one of the largest real-world studies into the efficacy of the shots</li>\n <li>Most Federal Reserve officials agreed last month they could start slowing the pace of bond purchases later this year, judging that enough progress had been made toward their inflation goal, while gains had been made toward their employment objective</li>\n <li>Australia’s unemployment rate unexpectedly fell further as a decline in hours worked and fewer people seeking jobs cushioned the blow from Sydney’s lockdown in response to an outbreak of the delta variant of coronavirus.</li>\n <li>Australia suffered its worst day since the start of the Covid-19 pandemic, with cases surpassing the record posted more than a year ago as an outbreak of the delta variant spreads. In the U.S., President Joe Biden’s administration will start offering booster shots in late September. The president said authorities need to ensure children wear masks in schools and criticized governors who are fighting mandates on face coverings.</li>\n <li>New Zealand Prime Minister Jacinda Ardern reported positive developments in efforts to contain the country’s Covid-19 outbreak, saying officials are confident they have discovered how the delta strain of the virus entered the country.</li>\n <li>Government-backed investors will recapitalize China Huarong Asset Management Co. after the bad-debt manager posted a record $15.9 billion loss, ending months of speculation over whether Beijing would deem the troubled financial giant too big to fail.</li>\n <li>Oil slumped below $65 a barrel as the U.S. Federal Reserve signaled that it was set to start tapering asset purchases within months, hurting commodities and supporting the dollar.</li>\n <li>The International Monetary Fund said that the new government in Afghanistan is cut off from using fund reserve assets days before the nation was set to receive almost $500 million, depriving the Taliban of key resources.</li>\n</ul>\n<p><i>A more detailed look at global markets courtesy of Newsquawk</i></p>\n<p><b>Stocks across Asia succumbed to the weakness seen across US peers with global risk sentiment pressured after the dust settled from the FOMC Minutes release which despite being perceived as dovish</b>, noted that most participants judged it could be appropriate to start tapering this year, with the losses heading into the Wall St close also exacerbated as the DJIA broke below 35k and the S&amp;P 500 breached its 20DMA to test the 4,400 level to the downside. ASX 200 (-0.5%) was dragged lower by underperformance in the mining and energy sectors after continued losses in underlying commodity prices and with Australia suffering from its worst day of COVID-19 cases since the pandemic began, while better-than-expected employment data was dismissed after ABS attributed the surprise decline in unemployment to people dropping out of the labour force. Nikkei 225 (-1.1%) failed to benefit from the headway made in USD/JPY as the index was pressured due to the broad risk aversion with Japan also including rare earths to its restrictions for foreign investment and the KOSPI (-2.0%) declined as North Korea effectively put the region on alert for a potential future missile launch. Hang Seng (-2.1%) and Shanghai Comp. (-0.6%) suffered from a collapse in Chinese commodity prices and ongoing regulatory concerns after China's MIIT found 43 apps that violated data transfer rules and ordered the companies involved to make changes or face punishment. The mood was also not helped by the Hang Seng Tech Index declining to its lowest since its launch last year and Alibaba’s Hong Kong shares falling to record lows, as well as the tit-for-tat passenger capacity restrictions imposed on US and Chinese airlines. Finally, 10yr JGBs were flat were subdued after failing to benefit from the negative risk appetite and the BoJ announcement to purchase corporate bonds with 3yr-5yr remaining maturities, while the enhanced liquidity auction results for longer-dated JGBs were relatively inline with the prior.</p>\n<p><i>Top Asian News</i></p>\n<ul>\n <li>Luxury Stocks Emerge as Pain Point for China Fears: Markets Live</li>\n <li>China’s Yuan Survives Dollar Strength to March to Five-Year High</li>\n <li>China to Halt Metal Sales From State Reserve in August: SHMET</li>\n <li>Great Wall to Buy Daimler’s Iracemapolis Plant in Brazil</li>\n</ul>\n<p><b>European equities (Stoxx 600 -1.6%) have seen a notably softer start to the session following on from the weak Wall St. finish and downside in Asia-Pac stocks. In terms of drivers for the downside, the selling in the US appeared to be of a more technical nature, and seemingly unrelated to the FOMC minutes which were deemed dovish if anything</b>. Nonetheless, sentiment has remained subdued with focus during the overnight session on the Hang Seng Tech Index which declined to its lowest level since its launch last year whilst Alibaba’s Hong Kong shares falling to record lows. Other bearish impulses include the recent Oxford study on vaccine efficacy, geopolitical concerns surrounding Afghanistan and North Korea and concerns over the passage process for the US’ spending plans. That said, it is questionable how much of a direct effect, if any these factors are having on today’s price action. Futures in the US are weaker with the RTY (-1.2%) lagging the ES (-0.5%). Sectors in Europe are particularly weak with the “best performing” sector (Real Estate) lower to the tune of 1.1%. Basic Resources (-3.4%) names sit at the bottom of the pile, in-fitting with price action in the metals complex and following earnings from Antofagasta (-4.1%) who subsequently lowered their copper output guidance for the year. Luxury names are getting hit particularly hard with losses seen in the likes of Kering (-7.2%), Richemont (-4.3%), LVMH (-5.0%), Christian Dior (-4.2%) and Burberry (-4.1%). Some have ascribed the softness to concerns surrounding wealth redistribution plans in China. These reports were initially noted during yesterday’s hours, however, a further circulation today has led some to connect today’s losses with these concerns as participants digest what the impact could be on the Chinese luxury market. The latest Swiss watch export metrics were released in the pre-market but it’s hard to ascribe the magnitude of the losses to this with watch exports +7.6% on 2019 levels. Auto names have been pressured in the wake of reports in the Nikkei stating that Toyota Motors will reduce its global production for September by 40% from its initial plans amid the chip shortage. Elsewhere, Oil &amp; Gas names are also suffering amid developments in the crude complex with WTI now sub-USD 63/bbl</p>\n<p><i>Top European News</i></p>\n<ul>\n <li>Norway’s First Rate Hike Since Crisis Is Flagged for September</li>\n <li>Nel Plunges 11%; DNB Says Soft Report on Downside</li>\n <li>Lloyds Targets U.K. Rental Market With Goal to Buy 50,000 Homes</li>\n <li>Citi Recommends Taking Profit on Peripheral Spread Tighteners</li>\n</ul>\n<p><b>In FX,</b>the broader Dollar and index have extended on its post-FOMC gains during the APAC session, whereby it eclipsed the 93.500 mark (vs 93.214 intraday low) before waning off best levels. The index remains underpinned during early European trade as risk aversion further solidifies. The FOMC minutes were perceived as dovish by market participants, but it is worth noting that the release was from the July meeting – before the blockbuster jobs report, which provided additional fuel to the taper fire and prompted a string of hawkish Fed commentary since. From a Fed standpoint, participants also look ahead to the Fed’s Jackson Hole symposium – with US July PCE overlapping the event on the Friday. Meanwhile, today’s docket sees the US Philly Fed Index for August alongside the weekly jobless claims.</p>\n<ul>\n <li>AUD, NZD - The high-beta antipodeans are dealt a double-whammy from the firmer Buck and the downfall in base metals, with the Aussie bearing the brunt of slumping copper and iron ore prices. The Aussie also saw its labour force report overnight, which at first glance seems supportive. However, the Aussie Bureau of Statistics poured cold water on the optimism by suggesting that fall in the national unemployment rate in July should not necessarily be viewed as strengthening of the labour market, while it noted that it is an indication of the extent of reduced capacity for people to be active in the labour market and that unemployed people are dropping out of the labour force due to limited ability to look for work. AUD/USD resides just north of 0.7150 at the time of writing vs its 0.7243 intraday best – with the next potential support point at 0.7143 (5th Nov 2020 low). The Kiwi, meanwhile, is lower to a lesser extent as the AUD/NZD cross dips back below 1.0500, whilst Governor Orr’s commentary failed to spur the Kiwi at the time. NZD/USD resides around 0.6825 at the time of writing (vs high 0.6896), with 0.6808 the next potential point of support (13th Nov 2020 low)</li>\n <li>CAD, NOK - The Petro-G10s meanwhile remain under the influence of the slide in crude prices. USD/CAD has topped 1.2700 from a 1.2648 base to a current peak at 1.2741. In terms of upside levels, the pair eyes the 20th July high at 1.2748 ahead of the 19th July peak at 1.2807. The NOK was unfazed by the uneventful Norges Bank decision – which kept the rate unchanged and reiterated its forward guidance. EUR/NOK hit a current high of 10.5226 vs a 10.4150 base – with potential resistance seen at 10.5240 (10th Aug high)</li>\n <li>JPY, CHF - Conversely to all the others, the traditional safe havens have gained due to haven demand. USD/JPY declined from its 110.22 peak through its 50 DMA (110.17), 21 DMA (109.85) and 100 DMA (109.65) before finding some support at 109.50. USD/CHF dipped below 0.9150 (vs 0.9206 high) as it eyes its 21 DMA (0.9138) and 100 DMA (0.9124) for near-term support.</li>\n <li>EUR, GBP - The EUR and GBP initially moved at the whim of the Buck, but losses in GBP picked up after GBP/USD dipped below recent support at 1.3724 (18th/17th Aug lows), and as EUR/GBP topped its 21 DMA (0.8513) as it looks forward to its 50 DMA (0.8548) and 100 DMA (0.8590) ahead of the psychological 0.8600. Meanwhile, EUR/USD was unreactive to commentary from ECB’s lane, who provided little in the way of new substance, whilst a widening in the EZ current account balance was also shrugged off. EUR/USD trades around the middle of its current 1.1667-1.1715 band ahead of 1.1650 and 1.1603 (4th Nov 2020 low).</li>\n</ul>\n<p><b>In commodities,</b>WTI and Brent front month futures plumb the depths in early European trade as risk sentiment, a firmer Buck, COVID fears and peak growth concerns all take their toll on prices. One possible (and notable) source of the downside could be emanating from the Oxford study which showed AstraZeneca and the Pfizer/BioNTech vaccines efficacy dropping in 90 days compared to two weeks after a 2nd dose with the AstraZeneca vaccine efficacy at 61% and Pfizer vaccine at 75% at 90 days after 2nd dose – intimating a rising threat from the Delta variant. In terms of the supply side – Iranian nuclear talks remain in the balance whilst OPEC members have also been somewhat quiet in the run-up to the decision-making confab at the start of next month. As a reminder, producers agreed to bring back 400k BPD into the market per month – with higher baseline levels seen after April 2022, contingent on the developments that will be reviewed by the JTC/JMMC beforehand. WTI Oct’21 briefly declined to levels sub-63/bbl, while its Brent counterpart lost its USD 66/bbl status from a USD 70/bbl+ high during yesterday’s session. Meanwhile, spot gold remains buoyed amid its inverse relationship with real yields, whilst haven flows also support the yellow metal and negate the opposing Dollar force. Elsewhere, base metals have been under the spotlight with hefty losses seen across the board. LME copper tumbled under USD 9,000/t for the first time since mid-April to a current low of USD 8,738/t (vs high 9,057/t) as peak growth concerns materialise. Elsewhere, iron ore contracts slumped across Asia with Shanghai and Dalian posting losses over some 7% at one point amid China’s continued crackdown on base metals due to the follow-through from factory-gate prices to consumer prices as flagged by State Media and backed by the Caixin reports. China's Iron and Steel Association (CISA) called on steel companies to correctly understand policies and jointly maintain export order in a self-discipline proposal, via a notice on CISA. Note, last week, China cut its steel output target which some have been suggesting is a vehicle to lower iron ore prices, with some traders noting steel producers re-selling iron ore bought under longer-term contracts to miners after China cut its steel output target.</p>\n<p><b>US Event Calendar</b></p>\n<ul>\n <li>8:30am: Aug. Initial Jobless Claims, est. 364,000, prior 375,000; Aug. Continuing Claims, est. 2.8m, prior 2.87m</li>\n <li>8:30am: Aug. Philadelphia Fed Business Outl, est. 23.1, prior 21.9</li>\n</ul>\n<p><b>DB's Jim Reid concludes the overnight wrap</b></p>\n<p>I can’t tell if it’s supply-chain disruption or just the way things are, but my apartment move last month made me realise just how long it can take for new sofas to get delivered. We fortunately managed to get one for the living room to arrive on move-in day, but the new study currently just has a desk and chair in it for now as we await the arrival of another sofa bed. So it was music to my ears to discover yesterday that it’s finally getting delivered next week. Some may think it’s for guests to stay over, but given the get-up time to send this out, I really think it could work wonders as a post-EMR crash pad. If Jim’s reading this, I will of course be available via email.</p>\n<p>It wasn’t quite a crash for financial markets yesterday, but lingering concerns about the delta variant meant that the risk-off tone continued, with investors contemplating a sharp rise in cases across a number of key economies that’s increasingly clouding the outlook for the rest of the year. By the close of trade, the S&amp;P 500 (-1.07%) had posted its largest one day loss in nearly a month after the July FOMC minutes showed that most officials were in favour of tapering bond purchases by the end of 2021. Fed Chair Powell’s speech next week at Jackson Hole will now be all the more in focus, as investors await fresh clues on a potential strategy for tapering.</p>\n<p>Prior to the release of the Fed minutes, markets had been in a holding pattern with the S&amp;P 500 down just over -0.1% whilst 10yr Treasury yields were +3bps higher. However the minutes from the July FOMC meeting changed that, stating that most FOMC participants thought “that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year.” The committee also discussed the method by which to taper asset purchases, with most participants wanting to “taper Treasuries and MBS proportionally and end them at the same time.” Outside of the taper talk, the minutes showed members wanted to emphasise the decision between tapering and rate hiking would be separate and not dependent on each other. This dovetailed with comments earlier in the day, when we heard from St Louis Fed President Bullard, who said that he preferred that tapering were finished by Q1 2022, and that Q4 2022 was a “logical place” for rate hikes to commence.</p>\n<p>Looking at the moves in more depth, the selloff in equities was a pretty broad-based one, with 450 members of the S&amp;P 500 ending the day lower. Cyclicals and growth shares fell in equal measures, with energy (-2.40%), tech hardware (-2.19%) and biotech (-1.57%) all among the worst performers. Treasury yields also dropped after the release, going from a +3bp increase to ending trading just under unchanged (-0.3bps). Separately, the dollar strengthened against other currencies for much of the US trading session, and that strength in turn saw the euro trading beneath $1.17 yesterday for the first time since November last year. However a late selloff following the FOMC minutes and then a bounce back rally left the dollar index just better than unchanged (+0.01%) to close at its highest level since March.</p>\n<p>Echoing the decline in risk appetite elsewhere, commodities struggled yet again, with industrial metals such as copper (-2.04%) underperforming in particular in light of the growth in concerns about the delta variant. And in spite of hopes earlier in the session that they’d finally break their run of declines, oil prices couldn’t sustain their morning gains after an EIA report showed US gasoline stockpiles were up +696k barrels in the week ending August 13, marking the first rise in over a month. In response and in accordance with the drop in risk assets, both Brent Crude (-1.16%) and WTI (-1.70%) lost ground for a 5th successive session, which leaves WTI prices down by -14.2% since their closing high just over a month ago.</p>\n<p>Overnight Asian markets are following Wall Street’s lead with the Nikkei (-0.73%), Hang Seng (-1.71%), Shanghai Comp (-0.71%) and Kospi (-1.69%) all lower this morning. Outside of Asia, futures on the S&amp;P 500 are also pointing a touch lower at -0.07%. Indeed a number of this week’s patterns are continuing to assert themselves this morning, with Brent crude prices down a further -1.04% overnight, and WTI down -1.34% to trade beneath $65/bbl. Finally, the dollar index (+0.32%) has taken another leg up to move above its closing high for the year back in March, and as it stands is on track to close at its highest level since November 2020.</p>\n<p>Turning to the latest on the pandemic, New Zealand reported 11 more cases in the community overnight, which brings the total confirmed in this current outbreak to 21, though Prime Minister Ardern said that they’d identified the source of the cases and believed it came from a person returning from Sydney. Meanwhile in Australia, a further 754 cases were reported yesterday, which is the highest of the entire pandemic so far, with 681 of those in New South Wales. The New Zealand Dollar has suffered significantly in response, and was down -0.47% against the US Dollar yesterday as it became the worst-performing G10 currency for a second day running, and is down a further -0.49% this morning as it’s on track to be the worst performer for a third day.</p>\n<p>Staying on the pandemic, we got confirmation yesterday from US public health officials that booster shots would commence from next month, with a plan to begin offering them from the week of September 20, subject to an FDA evaluation and a CDC recommendation. Those who had the Pfizer and Moderna vaccines would get a third dose, and the statement also said that booster shots would likely be needed for those who’d received the J&amp;J shot, but administration of that vaccine didn’t begin until March, and they expected more data in the “next few weeks”. The move to rollout booster shots come amidst growing concern that vaccine efficacy could be waning over time, and in their joint statement, the US health officials acknowledged that the available data indicated that protection against infection “begins to decrease over time following the initial doses of vaccination”. President Biden also announced that his administration would be requiring nursing homes to fully vaccinate their staffs in order to receive federal funds. With schools either already opened or set to open shortly, President Biden said authorities should ensure that kids wear masks in school where able in order to protect those ineligible for vaccines.</p>\n<p>Back in Europe, the newsflow was fairly subdued yesterday as the STOXX 600 (+0.14%) managed to post a modest gain. Defensive sectors led the gains, but there were once again serious divergences by country, with France’s CAC 40 down -0.73%, whereas Spain’s IBEX 35 rose +1.18%. Sovereign bonds told a more consistent story however, with yields on 10yr bunds (-1.0bps), OATs (-1.1bps) and BTPs (-2.2bps) all falling back.</p>\n<p>One European story that will increasingly come into focus over the next month is the German federal election on September 26, which has the potential to have a big impact on Europe’s leadership and economic policy in the coming years, particularly with Chancellor Merkel standing down. In recent days the race has shown signs of tightening up again, with another poll released from Forsa yesterday showing that the centre-left SPD had edged ahead of the Greens into second place. That specific poll put Chancellor Merkel’s CDU/CSU bloc on 23%, ahead of the SPD on 21% and the Greens on 19%, which just demonstrates how small shifts in public opinion could have a major impact on the party’s relative positions in the next Bundestag, as well as in any coalition negotiations.</p>\n<p>Looking at yesterday’s data, US housing starts hit a 3-month low in July as they fell to an annualised rate of 1.534m (vs. 1.6m expected). However, though building permits rose after 3 successive declines to an annualised 1.635m (vs. 1.61m expected). On the inflation front, we got a downside surprise here in the UK from the July CPI reading, which came in beneath every forecast on Bloomberg at +2.0% (vs. +2.3% expected), and also a tenth beneath the BoE’s staff projection in their August monetary policy report. Core CPI similarly underwhelmed with a +1.8% reading (vs. +2.0% expected), though one area of buoyancy were house prices, which advanced +13.2% year-on-year in June, their fastest annual rise since 2004. Meanwhile in Canada, the July CPI release surprised on the upside, coming in at +3.7% (vs. +3.4% expected), which is the fastest in over a decade.</p>\n<p>To the day ahead now, and the data highlights include the weekly initial jobless claims from the US, the Philadelphia Fed’s business outlook for August and the Conference Board’s leading index for July. There’ll also be monetary policy decisions from the Norges Bank and Bank Indonesia, whilst earnings releases include Applied Materials, Estee Lauder and Ross Stores.</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>Stocks Plunge, Commodities Tumble, Dollar Soars On Global Risk-Off Wave</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Plunge, Commodities Tumble, Dollar Soars On Global Risk-Off Wave\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-19 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/stocks-plunge-commodities-tumble-dollar-soars-global-risk-wave><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a perfect storm of adverse developments suddenly sweeping the complacent and calm sea of manipulated global markets, overnight futures plunged, global stocks slumped, commodities tumbled, as ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/stocks-plunge-commodities-tumble-dollar-soars-global-risk-wave\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/stocks-plunge-commodities-tumble-dollar-soars-global-risk-wave","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187370917","content_text":"In a perfect storm of adverse developments suddenly sweeping the complacent and calm sea of manipulated global markets, overnight futures plunged, global stocks slumped, commodities tumbled, as investors rushed to the safety of Treasurys, sending yields sharply lower and pushing the dollar to the highest level since November,  amid concern the Federal Reserve may start tapering stimulus this year even as the delta virus variant undermines global growth. At 730 a.m. ET, Dow e-minis were down 0.92%, S&P 500 e-minis lower by 0.80% and Nasdaq 100 e-minis off 0.63%.\nSuddenly dismal investor sentiment echoed in premarket trading where China-linked stocks including Alibaba Group plunged, sliding to a record low in Hong Kong trading. Luxury shares in Europe fell as China seemed to put its wealthiest on notice in favor of a “common prosperity.” Emerging-market equities plunged to this year’s low. All that meant a gauge of world stocks was poised for the worst week since February.  US equity futures took a sharp leg lower after the Nikkei reported that Toyota was set to slash output by 40% as a result of the escalating chip shortage...\n... while dragged the Nikkei225 to the lowest level since January.\nRising stagflation concerns, culminating withGoldman cutting its GDP forecast while hiking its inflation projections, sent energy stocks sliding as oil prices plunged to their lowest level in about three months. Chevron and Exxon Mobil fell 1.6% as oil sank to its lowest since May 21, pressured partly by a stronger U.S. dollar and a surprise increase in U.S. gasoline inventories.\nRobinhood shares tumbled 12% after the owner of the retail frontrunning app warned the trading frenzy among small-time investors that boosted its second-quarter revenue would slow down in the coming months; the company also revealed that there is barely any growth in its core options and stocks business and the only revenue bump was due to a Dogecoin trading frenzy.\nElsewhere, travel-related stocks including cruiseliners and airlines fell nearly 3% on fears the spread of the Delta variant of the coronavirus could spark more travel restrictions.  Here are some of the other notable pre-movers today:\n\nChinese stocks listed in the U.S. slump following a selloff of Chinese technology giants in Asia after Beijing hit the industry with a fresh round of regulations. Alibaba (BABA) falls 3%.\nEros STX (ESGC) jumps 19% in second day of gains after a report Wednesday saying the television content firm entered an output pact with Amazon Prime Video in South Africa.\nMacy’s (M) gains 3% as its forecast for full-year net sales beat the average analyst estimate.\nJoyy (YY) shares dip about 5% after the China-based video-social media company reported second-quarter results and gave an outlook that disappointed.\nPharmaCyte Biotech (PMCB) drops 58% after announcing a registered direct offering via HC Wainwright.\nProtagenic Therapeutics (PTIX) rises 7% and is poised to extend gains for a third session after providing an update on therapies to treat stress-related neurologic disorders earlier in the week.\nShares of U.S. banks tumble as the 10-year Treasury yield retreats back below 1.23% amid concerns that the delta variant of the coronavirus could threaten the global economic recovery. Bank of America (BAC) falls 1.7%.\nVictoria’s Secret (VSCO) falls 8.6% after the lingerie maker disappointed Wall Street with second-quarter sales and forecasts for third- quarter EPS and sales that missed estimates.\nVipshop Holdings ADRs (VIPS) drop 3% after the company was downgraded to neutral at Credit Suisse, which cites a challenging outlook for the online retailer amid slower e-commerce growth.\n\nSentiment deteriorated rapidly at the close of trading on Wednesday when the FOMC's latest minutes showed officials felt the employment benchmark for decreasing support for the economy“could be reached this year”,sending the S&P 500 sliding 1% in its worst day in a month.\n“I don’t think anybody will be surprised if tapering starts at the end of this year,”Dana D’Auria, Envestnet co-chief investment officer, said on Bloomberg Television. She added that the pace of reopenings is a concern for investors amid the spread of the delta strain.\nConcerns about the sudden tapering at a time when macroeconomic data was signaling a slowdown in U.S. economic growth have knocked Wall Street’s main indexes off record highs this week. Overnight, Goldman slashed its Q3 GDP forecast from 8.5% to 5.5% while hiking its inflation forecast, effectively warning of stagflation.\nEuropean stocks slid the most in a month, with the Stoxx 600 Index falling 1.8%, as luxury stocks slumped again, among the worst performers in Europe’s Stoxx 600 Index, after Chinese state media this week said President Xi Jinping offered an outline for “common prosperity” that includes income regulation and redistribution, putting China’s wealthiest citizens on notice. Notable movers included Richemont -6.6%, Kering -7.8%, LVMH -5.6%, Swatch -5.1%, Burberry -4.2%, and Hermes -3.8%.\nThe Stoxx 600 Basic Resources index extends its fall, down as much as 5%, with miners under pressure from slumping metal prices. Iron ore plunges and copper hits four-month low amid worries about Chinese steel production levels, risks to global growth and the prospect of reduced U.S. stimulus. Here are some of the biggest European movers today:\n\nNibe shares rise as much as 10% in their steepest intraday advance since May after 2Q operating profit beat the highest analyst estimate.\nColoplast gains as much as 3.9%, the most since June 30 and enough to erase Wednesday’s 2.7% drop that followed 3Q earnings.\nAdyen rises as much as 3.8% to a record high, after results which Jefferies says were better than expected.\nGN Store Nord slumps as much as 11% after 2Q results that Handelsbanken (buy) says showed the first disappointment for its audio business, which had until now been the key positive for the stock.\nNel falls as much as 11% after 2Q earnings.\nSiegfried slides as much as 10%, the steepest intraday drop since March 2015, after 1H sales missed estimates. Vontobel notes “high” expectations in the market that aren’t being met.\n\nEarlier in the session, Asian stocks slumped, led by tech and commodity names, after minutes of the Federal Reserve’s latest meeting signaled that it could start paring stimulus from later this year.The MSCI Asia Pacific Index slid as much as 1.8%, with Alibaba, Taiwan Semiconductor and BHP Group among the biggest drags. Copper and iron ore prices slipped while oil dropped to the lowest level since May. Equity benchmarks in Taiwan, Hong Kong and Indonesia were the biggest losers in Asia as the dollar rose to its strongest level in nearly five months. “Stock investors are probably worried that easy monetary policies will likely become less easy soon as specter of reduced bond purchases is upon us,” said Chetan Seth, Asia-Pacific equity strategist at Nomura Holdings. Ongoing concerns around China growth slowdown/regulatory crackdown and the delta variant are other reasons for the selloff, he said. Asia’s stock benchmark has lost more than 3% this week, widening its underperformance versus global peers in 2021, as the spread of the delta variant casts a pall on the outlook for growth. A deepening selloff in Chinese tech shares amid Beijing’s regulatory onslaught is making matters worse for Asia.\nJapanese equities fell, pushing the Nikkei 225 Stock Average to its lowest close in seven months,weighed down by heavyweight Toyota, which slid 4.4%. The automaker is cutting its global production for September by 40% from initial plans, the Nikkei reported without attribution. Stocks opened the day lower after the Fed’s meeting minutes signaled that a decision on a reduction of its bond-buying program could happen in 2021. Declines gained momentum in late afternoon trading following a Nikkei report that semiconductor shortages will force Toyota to cut global output for September by 40% from its initial plans. Toyota was the single biggest drag on the Topix, which closed 1.4% lower. Electronics and auto makers weighed the most among industry groups. Chip equipment makers Tokyo Electron Ltd and Advantest Corp. were the largest contributors to a 1.1% loss in the Nikkei 225\nTaiwan’s benchmark slumped the most in more than three months, dragged down by losses in chipmakers. Gauges in Hong Kong, South Korea and Indonesia lost about 2% each. “The bottom fishing across Asia we saw yesterday has vanished today,” Jeffrey Halley, senior market analyst for Asia Pacific at Oanda Asia Pacific Pte, wrote in a note. “Next week’s Jackson Hole Symposium may give markets more visibility on the Fed’s current thinking, and if not, the September FOMC meeting certainly will.”\nIn Australia, the S&P/ASX 200 index closed 0.5% lower at 7,464.60, falling for a fourth straight day. The benchmark finished at its lowest since July 30. Miners were the biggest drag as a rout in iron ore accelerated as China pushed forward with a pledge to curb steel production. Sentiment took a hit as Australia suffered its worst day since the start of the Covid-19 pandemic, with total daily cases surpassing the previous record posted more than a year ago. Australia’s labor market softened in July.  Redbubble was the best performer after reporting earnings. Codan was the biggest laggard after flagging Covid-19 uncertainties around its supply chain. In New Zealand, the S&P/NZX 50 index rose 1.9% to 12,956.98.\nIn FX, the dollar rose to its strongest level since November after Federal Reserve minutes signaled policy normalization will likely start this year and investors sought safe havens amid risk instability. The Bloomberg Dollar Spot Index advanced with the greenback higher against its Group-of-10 peers except the franc and yen.\n“Although yesterday’s Fed minutes did not provide any more strong hawkish signals, the dollar’s role as the ultimate safe haven is continuing to underpin its strong momentum amid more risk instability,” said ING analysts including Francesco Pesole.\nNorway’s krone touched almost a one-month low versus the dollar, even after Norges Bank reiterated that the policy rate will most likely be raised in September; oil prices slumped. The Australian and New Zealand dollars fell a fourth straight day against the greenback. The Aussie dipped under 72 U.S. cents for the first time since November as investors ignored the strong headline beats in July employment data and focused instead on the stronger U.S. dollar and a fresh record in Covid-19 numbers in New South Wales. RBNZ Governor Adrian Orr said it was “highly likely” the policy committee would have raised rates yesterday if it were not for the local lockdown.\nChina's yuan advanced to its highest level since 2016 against a basket of currencies by China’s trading partners. Bonds gain for a third day as traders await the unveiling of China’s benchmark loan rates on Friday. USD/CNY rose above its 200-DMA for the first time since July 2020, up 0.2% to 6.495\nIn rates, treasuries were higher in early U.S. trading led by the 30-year, whose yield dipped as much as 4.7bp to the lowest level since Aug. 5 amid broad declines for stocks and commodities. The 10Y yield traded sharply lower at 1.225%m while 30-year yield was down ~4.4bp at 1.854%, flattening 5s30s toward 110bp, the low end of its range over the past year; According to Bloomberg, gains for long end appear to have been aided by a block trade in bond futures during Asia session. Japanese bonds traded in a narrow range, with investors scooping up super-long maturities after yields rose on a weak auction\nA selloff in commodities deepened, Iron ore plunged more than 10% and copper sank to a four- month low as worries over Chinese steel production, global growth risks and the prospect of reduced U.S. stimulus roiled metals markets. Oil headed for the longest slump since the early days of the pandemic.\nBitcoin, too, succumbed to the risk-off shift and fell for a fourth day, trading around $44,400 apiece.\nFocus on Thursday will be on the Labor Department’s weekly jobless claims report, before turning to the Fed’s annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank’s next steps. Many analysts expect the Fed to announce its plan to taper asset purchases as early as the Sept. 21-22 policy meeting. Minutes from the central bank’s July meetingshowed that most policy makers agreed the tapering could start later this year.\nMarket Snapshot\n\nS&P 500 futures down 0.9% to 4,353.75\nSTOXX Europe 600 down 2.0% to 465.06\nMXAP down 1.7% to 193.21\nMXAPJ down 1.9% to 632.58\nNikkei down 1.1% to 27,281.17\nTopix down 1.4% to 1,897.19\nHang Seng Index down 2.1% to 25,316.33\nShanghai Composite down 0.6% to 3,465.56\nSensex down 0.3% to 55,629.49\nAustralia S&P/ASX 200 down 0.5% to 7,464.64\nKospi down 1.9% to 3,097.83\nBrent Futures down 2.8% to $66.32/bbl\nGold spot down 0.5% to $1,779.65\nU.S. Dollar Index up 0.22% to 93.34\nGerman 10Y yield down 1.3 bps to -0.494%\nEuro down 0.1% to $1.1694\n\nTop Overnight News from Bloomberg\n\nThe European Central Bank’s recent revamp of plans for interest rates is only a first step in implementing the institution’s new strategy, according to chief economist Philip Lane\nU.S. corporate bonds haven’t looked this attractive for European and Japanese investors since April, which could keep foreign demand for the securities high in the coming weeks\nCovid-19 vaccines are less effective against the delta variant, according to results in the U.K. from one of the largest real-world studies into the efficacy of the shots\nMost Federal Reserve officials agreed last month they could start slowing the pace of bond purchases later this year, judging that enough progress had been made toward their inflation goal, while gains had been made toward their employment objective\nAustralia’s unemployment rate unexpectedly fell further as a decline in hours worked and fewer people seeking jobs cushioned the blow from Sydney’s lockdown in response to an outbreak of the delta variant of coronavirus.\nAustralia suffered its worst day since the start of the Covid-19 pandemic, with cases surpassing the record posted more than a year ago as an outbreak of the delta variant spreads. In the U.S., President Joe Biden’s administration will start offering booster shots in late September. The president said authorities need to ensure children wear masks in schools and criticized governors who are fighting mandates on face coverings.\nNew Zealand Prime Minister Jacinda Ardern reported positive developments in efforts to contain the country’s Covid-19 outbreak, saying officials are confident they have discovered how the delta strain of the virus entered the country.\nGovernment-backed investors will recapitalize China Huarong Asset Management Co. after the bad-debt manager posted a record $15.9 billion loss, ending months of speculation over whether Beijing would deem the troubled financial giant too big to fail.\nOil slumped below $65 a barrel as the U.S. Federal Reserve signaled that it was set to start tapering asset purchases within months, hurting commodities and supporting the dollar.\nThe International Monetary Fund said that the new government in Afghanistan is cut off from using fund reserve assets days before the nation was set to receive almost $500 million, depriving the Taliban of key resources.\n\nA more detailed look at global markets courtesy of Newsquawk\nStocks across Asia succumbed to the weakness seen across US peers with global risk sentiment pressured after the dust settled from the FOMC Minutes release which despite being perceived as dovish, noted that most participants judged it could be appropriate to start tapering this year, with the losses heading into the Wall St close also exacerbated as the DJIA broke below 35k and the S&P 500 breached its 20DMA to test the 4,400 level to the downside. ASX 200 (-0.5%) was dragged lower by underperformance in the mining and energy sectors after continued losses in underlying commodity prices and with Australia suffering from its worst day of COVID-19 cases since the pandemic began, while better-than-expected employment data was dismissed after ABS attributed the surprise decline in unemployment to people dropping out of the labour force. Nikkei 225 (-1.1%) failed to benefit from the headway made in USD/JPY as the index was pressured due to the broad risk aversion with Japan also including rare earths to its restrictions for foreign investment and the KOSPI (-2.0%) declined as North Korea effectively put the region on alert for a potential future missile launch. Hang Seng (-2.1%) and Shanghai Comp. (-0.6%) suffered from a collapse in Chinese commodity prices and ongoing regulatory concerns after China's MIIT found 43 apps that violated data transfer rules and ordered the companies involved to make changes or face punishment. The mood was also not helped by the Hang Seng Tech Index declining to its lowest since its launch last year and Alibaba’s Hong Kong shares falling to record lows, as well as the tit-for-tat passenger capacity restrictions imposed on US and Chinese airlines. Finally, 10yr JGBs were flat were subdued after failing to benefit from the negative risk appetite and the BoJ announcement to purchase corporate bonds with 3yr-5yr remaining maturities, while the enhanced liquidity auction results for longer-dated JGBs were relatively inline with the prior.\nTop Asian News\n\nLuxury Stocks Emerge as Pain Point for China Fears: Markets Live\nChina’s Yuan Survives Dollar Strength to March to Five-Year High\nChina to Halt Metal Sales From State Reserve in August: SHMET\nGreat Wall to Buy Daimler’s Iracemapolis Plant in Brazil\n\nEuropean equities (Stoxx 600 -1.6%) have seen a notably softer start to the session following on from the weak Wall St. finish and downside in Asia-Pac stocks. In terms of drivers for the downside, the selling in the US appeared to be of a more technical nature, and seemingly unrelated to the FOMC minutes which were deemed dovish if anything. Nonetheless, sentiment has remained subdued with focus during the overnight session on the Hang Seng Tech Index which declined to its lowest level since its launch last year whilst Alibaba’s Hong Kong shares falling to record lows. Other bearish impulses include the recent Oxford study on vaccine efficacy, geopolitical concerns surrounding Afghanistan and North Korea and concerns over the passage process for the US’ spending plans. That said, it is questionable how much of a direct effect, if any these factors are having on today’s price action. Futures in the US are weaker with the RTY (-1.2%) lagging the ES (-0.5%). Sectors in Europe are particularly weak with the “best performing” sector (Real Estate) lower to the tune of 1.1%. Basic Resources (-3.4%) names sit at the bottom of the pile, in-fitting with price action in the metals complex and following earnings from Antofagasta (-4.1%) who subsequently lowered their copper output guidance for the year. Luxury names are getting hit particularly hard with losses seen in the likes of Kering (-7.2%), Richemont (-4.3%), LVMH (-5.0%), Christian Dior (-4.2%) and Burberry (-4.1%). Some have ascribed the softness to concerns surrounding wealth redistribution plans in China. These reports were initially noted during yesterday’s hours, however, a further circulation today has led some to connect today’s losses with these concerns as participants digest what the impact could be on the Chinese luxury market. The latest Swiss watch export metrics were released in the pre-market but it’s hard to ascribe the magnitude of the losses to this with watch exports +7.6% on 2019 levels. Auto names have been pressured in the wake of reports in the Nikkei stating that Toyota Motors will reduce its global production for September by 40% from its initial plans amid the chip shortage. Elsewhere, Oil & Gas names are also suffering amid developments in the crude complex with WTI now sub-USD 63/bbl\nTop European News\n\nNorway’s First Rate Hike Since Crisis Is Flagged for September\nNel Plunges 11%; DNB Says Soft Report on Downside\nLloyds Targets U.K. Rental Market With Goal to Buy 50,000 Homes\nCiti Recommends Taking Profit on Peripheral Spread Tighteners\n\nIn FX,the broader Dollar and index have extended on its post-FOMC gains during the APAC session, whereby it eclipsed the 93.500 mark (vs 93.214 intraday low) before waning off best levels. The index remains underpinned during early European trade as risk aversion further solidifies. The FOMC minutes were perceived as dovish by market participants, but it is worth noting that the release was from the July meeting – before the blockbuster jobs report, which provided additional fuel to the taper fire and prompted a string of hawkish Fed commentary since. From a Fed standpoint, participants also look ahead to the Fed’s Jackson Hole symposium – with US July PCE overlapping the event on the Friday. Meanwhile, today’s docket sees the US Philly Fed Index for August alongside the weekly jobless claims.\n\nAUD, NZD - The high-beta antipodeans are dealt a double-whammy from the firmer Buck and the downfall in base metals, with the Aussie bearing the brunt of slumping copper and iron ore prices. The Aussie also saw its labour force report overnight, which at first glance seems supportive. However, the Aussie Bureau of Statistics poured cold water on the optimism by suggesting that fall in the national unemployment rate in July should not necessarily be viewed as strengthening of the labour market, while it noted that it is an indication of the extent of reduced capacity for people to be active in the labour market and that unemployed people are dropping out of the labour force due to limited ability to look for work. AUD/USD resides just north of 0.7150 at the time of writing vs its 0.7243 intraday best – with the next potential support point at 0.7143 (5th Nov 2020 low). The Kiwi, meanwhile, is lower to a lesser extent as the AUD/NZD cross dips back below 1.0500, whilst Governor Orr’s commentary failed to spur the Kiwi at the time. NZD/USD resides around 0.6825 at the time of writing (vs high 0.6896), with 0.6808 the next potential point of support (13th Nov 2020 low)\nCAD, NOK - The Petro-G10s meanwhile remain under the influence of the slide in crude prices. USD/CAD has topped 1.2700 from a 1.2648 base to a current peak at 1.2741. In terms of upside levels, the pair eyes the 20th July high at 1.2748 ahead of the 19th July peak at 1.2807. The NOK was unfazed by the uneventful Norges Bank decision – which kept the rate unchanged and reiterated its forward guidance. EUR/NOK hit a current high of 10.5226 vs a 10.4150 base – with potential resistance seen at 10.5240 (10th Aug high)\nJPY, CHF - Conversely to all the others, the traditional safe havens have gained due to haven demand. USD/JPY declined from its 110.22 peak through its 50 DMA (110.17), 21 DMA (109.85) and 100 DMA (109.65) before finding some support at 109.50. USD/CHF dipped below 0.9150 (vs 0.9206 high) as it eyes its 21 DMA (0.9138) and 100 DMA (0.9124) for near-term support.\nEUR, GBP - The EUR and GBP initially moved at the whim of the Buck, but losses in GBP picked up after GBP/USD dipped below recent support at 1.3724 (18th/17th Aug lows), and as EUR/GBP topped its 21 DMA (0.8513) as it looks forward to its 50 DMA (0.8548) and 100 DMA (0.8590) ahead of the psychological 0.8600. Meanwhile, EUR/USD was unreactive to commentary from ECB’s lane, who provided little in the way of new substance, whilst a widening in the EZ current account balance was also shrugged off. EUR/USD trades around the middle of its current 1.1667-1.1715 band ahead of 1.1650 and 1.1603 (4th Nov 2020 low).\n\nIn commodities,WTI and Brent front month futures plumb the depths in early European trade as risk sentiment, a firmer Buck, COVID fears and peak growth concerns all take their toll on prices. One possible (and notable) source of the downside could be emanating from the Oxford study which showed AstraZeneca and the Pfizer/BioNTech vaccines efficacy dropping in 90 days compared to two weeks after a 2nd dose with the AstraZeneca vaccine efficacy at 61% and Pfizer vaccine at 75% at 90 days after 2nd dose – intimating a rising threat from the Delta variant. In terms of the supply side – Iranian nuclear talks remain in the balance whilst OPEC members have also been somewhat quiet in the run-up to the decision-making confab at the start of next month. As a reminder, producers agreed to bring back 400k BPD into the market per month – with higher baseline levels seen after April 2022, contingent on the developments that will be reviewed by the JTC/JMMC beforehand. WTI Oct’21 briefly declined to levels sub-63/bbl, while its Brent counterpart lost its USD 66/bbl status from a USD 70/bbl+ high during yesterday’s session. Meanwhile, spot gold remains buoyed amid its inverse relationship with real yields, whilst haven flows also support the yellow metal and negate the opposing Dollar force. Elsewhere, base metals have been under the spotlight with hefty losses seen across the board. LME copper tumbled under USD 9,000/t for the first time since mid-April to a current low of USD 8,738/t (vs high 9,057/t) as peak growth concerns materialise. Elsewhere, iron ore contracts slumped across Asia with Shanghai and Dalian posting losses over some 7% at one point amid China’s continued crackdown on base metals due to the follow-through from factory-gate prices to consumer prices as flagged by State Media and backed by the Caixin reports. China's Iron and Steel Association (CISA) called on steel companies to correctly understand policies and jointly maintain export order in a self-discipline proposal, via a notice on CISA. Note, last week, China cut its steel output target which some have been suggesting is a vehicle to lower iron ore prices, with some traders noting steel producers re-selling iron ore bought under longer-term contracts to miners after China cut its steel output target.\nUS Event Calendar\n\n8:30am: Aug. Initial Jobless Claims, est. 364,000, prior 375,000; Aug. Continuing Claims, est. 2.8m, prior 2.87m\n8:30am: Aug. Philadelphia Fed Business Outl, est. 23.1, prior 21.9\n\nDB's Jim Reid concludes the overnight wrap\nI can’t tell if it’s supply-chain disruption or just the way things are, but my apartment move last month made me realise just how long it can take for new sofas to get delivered. We fortunately managed to get one for the living room to arrive on move-in day, but the new study currently just has a desk and chair in it for now as we await the arrival of another sofa bed. So it was music to my ears to discover yesterday that it’s finally getting delivered next week. Some may think it’s for guests to stay over, but given the get-up time to send this out, I really think it could work wonders as a post-EMR crash pad. If Jim’s reading this, I will of course be available via email.\nIt wasn’t quite a crash for financial markets yesterday, but lingering concerns about the delta variant meant that the risk-off tone continued, with investors contemplating a sharp rise in cases across a number of key economies that’s increasingly clouding the outlook for the rest of the year. By the close of trade, the S&P 500 (-1.07%) had posted its largest one day loss in nearly a month after the July FOMC minutes showed that most officials were in favour of tapering bond purchases by the end of 2021. Fed Chair Powell’s speech next week at Jackson Hole will now be all the more in focus, as investors await fresh clues on a potential strategy for tapering.\nPrior to the release of the Fed minutes, markets had been in a holding pattern with the S&P 500 down just over -0.1% whilst 10yr Treasury yields were +3bps higher. However the minutes from the July FOMC meeting changed that, stating that most FOMC participants thought “that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year.” The committee also discussed the method by which to taper asset purchases, with most participants wanting to “taper Treasuries and MBS proportionally and end them at the same time.” Outside of the taper talk, the minutes showed members wanted to emphasise the decision between tapering and rate hiking would be separate and not dependent on each other. This dovetailed with comments earlier in the day, when we heard from St Louis Fed President Bullard, who said that he preferred that tapering were finished by Q1 2022, and that Q4 2022 was a “logical place” for rate hikes to commence.\nLooking at the moves in more depth, the selloff in equities was a pretty broad-based one, with 450 members of the S&P 500 ending the day lower. Cyclicals and growth shares fell in equal measures, with energy (-2.40%), tech hardware (-2.19%) and biotech (-1.57%) all among the worst performers. Treasury yields also dropped after the release, going from a +3bp increase to ending trading just under unchanged (-0.3bps). Separately, the dollar strengthened against other currencies for much of the US trading session, and that strength in turn saw the euro trading beneath $1.17 yesterday for the first time since November last year. However a late selloff following the FOMC minutes and then a bounce back rally left the dollar index just better than unchanged (+0.01%) to close at its highest level since March.\nEchoing the decline in risk appetite elsewhere, commodities struggled yet again, with industrial metals such as copper (-2.04%) underperforming in particular in light of the growth in concerns about the delta variant. And in spite of hopes earlier in the session that they’d finally break their run of declines, oil prices couldn’t sustain their morning gains after an EIA report showed US gasoline stockpiles were up +696k barrels in the week ending August 13, marking the first rise in over a month. In response and in accordance with the drop in risk assets, both Brent Crude (-1.16%) and WTI (-1.70%) lost ground for a 5th successive session, which leaves WTI prices down by -14.2% since their closing high just over a month ago.\nOvernight Asian markets are following Wall Street’s lead with the Nikkei (-0.73%), Hang Seng (-1.71%), Shanghai Comp (-0.71%) and Kospi (-1.69%) all lower this morning. Outside of Asia, futures on the S&P 500 are also pointing a touch lower at -0.07%. Indeed a number of this week’s patterns are continuing to assert themselves this morning, with Brent crude prices down a further -1.04% overnight, and WTI down -1.34% to trade beneath $65/bbl. Finally, the dollar index (+0.32%) has taken another leg up to move above its closing high for the year back in March, and as it stands is on track to close at its highest level since November 2020.\nTurning to the latest on the pandemic, New Zealand reported 11 more cases in the community overnight, which brings the total confirmed in this current outbreak to 21, though Prime Minister Ardern said that they’d identified the source of the cases and believed it came from a person returning from Sydney. Meanwhile in Australia, a further 754 cases were reported yesterday, which is the highest of the entire pandemic so far, with 681 of those in New South Wales. The New Zealand Dollar has suffered significantly in response, and was down -0.47% against the US Dollar yesterday as it became the worst-performing G10 currency for a second day running, and is down a further -0.49% this morning as it’s on track to be the worst performer for a third day.\nStaying on the pandemic, we got confirmation yesterday from US public health officials that booster shots would commence from next month, with a plan to begin offering them from the week of September 20, subject to an FDA evaluation and a CDC recommendation. Those who had the Pfizer and Moderna vaccines would get a third dose, and the statement also said that booster shots would likely be needed for those who’d received the J&J shot, but administration of that vaccine didn’t begin until March, and they expected more data in the “next few weeks”. The move to rollout booster shots come amidst growing concern that vaccine efficacy could be waning over time, and in their joint statement, the US health officials acknowledged that the available data indicated that protection against infection “begins to decrease over time following the initial doses of vaccination”. President Biden also announced that his administration would be requiring nursing homes to fully vaccinate their staffs in order to receive federal funds. With schools either already opened or set to open shortly, President Biden said authorities should ensure that kids wear masks in school where able in order to protect those ineligible for vaccines.\nBack in Europe, the newsflow was fairly subdued yesterday as the STOXX 600 (+0.14%) managed to post a modest gain. Defensive sectors led the gains, but there were once again serious divergences by country, with France’s CAC 40 down -0.73%, whereas Spain’s IBEX 35 rose +1.18%. Sovereign bonds told a more consistent story however, with yields on 10yr bunds (-1.0bps), OATs (-1.1bps) and BTPs (-2.2bps) all falling back.\nOne European story that will increasingly come into focus over the next month is the German federal election on September 26, which has the potential to have a big impact on Europe’s leadership and economic policy in the coming years, particularly with Chancellor Merkel standing down. In recent days the race has shown signs of tightening up again, with another poll released from Forsa yesterday showing that the centre-left SPD had edged ahead of the Greens into second place. That specific poll put Chancellor Merkel’s CDU/CSU bloc on 23%, ahead of the SPD on 21% and the Greens on 19%, which just demonstrates how small shifts in public opinion could have a major impact on the party’s relative positions in the next Bundestag, as well as in any coalition negotiations.\nLooking at yesterday’s data, US housing starts hit a 3-month low in July as they fell to an annualised rate of 1.534m (vs. 1.6m expected). However, though building permits rose after 3 successive declines to an annualised 1.635m (vs. 1.61m expected). On the inflation front, we got a downside surprise here in the UK from the July CPI reading, which came in beneath every forecast on Bloomberg at +2.0% (vs. +2.3% expected), and also a tenth beneath the BoE’s staff projection in their August monetary policy report. Core CPI similarly underwhelmed with a +1.8% reading (vs. +2.0% expected), though one area of buoyancy were house prices, which advanced +13.2% year-on-year in June, their fastest annual rise since 2004. Meanwhile in Canada, the July CPI release surprised on the upside, coming in at +3.7% (vs. +3.4% expected), which is the fastest in over a decade.\nTo the day ahead now, and the data highlights include the weekly initial jobless claims from the US, the Philadelphia Fed’s business outlook for August and the Conference Board’s leading index for July. There’ll also be monetary policy decisions from the Norges Bank and Bank Indonesia, whilst earnings releases include Applied Materials, Estee Lauder and Ross Stores.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838114178,"gmtCreate":1629380727694,"gmtModify":1676530022001,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>[Sad]&nbsp;","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>[Sad]&nbsp;","text":"$ARK Innovation 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continue&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$Good job & pls continue","images":[{"img":"https://static.tigerbbs.com/3ab639962e0faa51e68369f4b50d60c2","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/831858293","isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":839770635,"gmtCreate":1629185888427,"gmtModify":1676529958183,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>[Facepalm]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>[Facepalm]&nbsp;","text":"$Taiwan Semiconductor Manufacturing(TSM)$[Facepalm]","images":[{"img":"https://static.tigerbbs.com/0788ccc56a99dab4f5485c5ccc340f21","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839770635","isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":839312985,"gmtCreate":1629122123047,"gmtModify":1676529937596,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Pls climb&nbsp;","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Pls climb&nbsp;","text":"$Exela Technologies, Inc.(XELA)$Pls climb","images":[{"img":"https://static.tigerbbs.com/22818ce63b37329a6745ee83d12d4279","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839312985","isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":830956032,"gmtCreate":1629003596126,"gmtModify":1676529909009,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Flyy","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Flyy","text":"$Palantir Technologies Inc.(PLTR)$Flyy","images":[{"img":"https://static.tigerbbs.com/f7218a97d58e142a577c1a2a8fcdaea1","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/830956032","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":897575060,"gmtCreate":1628951343150,"gmtModify":1676529898911,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>.","listText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>.","text":"$Taiwan Semiconductor Manufacturing(TSM)$.","images":[{"img":"https://static.tigerbbs.com/f92a1af4d1774d79e0e9d9523684aa38","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897575060","isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":894751318,"gmtCreate":1628859496734,"gmtModify":1676529877129,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894751318","repostId":"2159529206","repostType":4,"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895769338,"gmtCreate":1628774227324,"gmtModify":1676529849670,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Pls continue to fly","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Pls continue to fly","text":"$Palantir Technologies Inc.(PLTR)$Pls continue to fly","images":[{"img":"https://static.tigerbbs.com/9addccfcd3c68161aa18508401facc00","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895769338","isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":895760720,"gmtCreate":1628774187260,"gmtModify":1676529849662,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Give me a likey. Thanks&nbsp;","listText":"Give me a likey. Thanks&nbsp;","text":"Give me a likey. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895760720","repostId":"1129865099","repostType":4,"repost":{"id":"1129865099","pubTimestamp":1628771235,"share":"https://ttm.financial/m/news/1129865099?lang=&edition=fundamental","pubTime":"2021-08-12 20:27","market":"us","language":"en","title":"Elon Musk Calls Renesas and Bosch’s Chip Supply ‘Problematic’","url":"https://stock-news.laohu8.com/highlight/detail?id=1129865099","media":"Bloomberg","summary":"Tesla Inc.’s Elon Musk griped that two of the world’s biggest auto-chip suppliers are inhibiting the","content":"<p>Tesla Inc.’s Elon Musk griped that two of the world’s biggest auto-chip suppliers are inhibiting the electric-car maker’s production.</p>\n<p>“We are operating under extreme supply chain limitations regarding certain ‘standard’ automotive chips,” Tesla’s chief executive officer wrote in a tweet Thursday, responding to a tweet from Ark Investment Management CEO Cathie Wood. “Most problematic by far are Renesas &amp; Bosch.”</p>\n<p>Musk isn’t the first in the auto industry to point fingers at Japan’sRenesas Electronics Corp.and Germany’sRobert Bosch GmbHfor holding up vehicle output. Ford Motor Co.called outthefireat a Renesas factory north of Tokyo as a major risk to its production schedules earlier this year.Volkswagen AGheld talks with major suppliers including Bosch about possibly claiming damages related to the semiconductor shortage, a spokesperson told Reutersin January.</p>\n<p>Renesas said inearly Junethat its chip plant in Naka would resume full production by mid-month. Representatives for the company didn’t immediately respond to a request for comment.</p>\n<p>Bosch, which opened a 1 billion-euro ($1.2 billion)factorynear the city of Dresden in June, can’t escape the general shortage of semiconductor components caused by various factors, spokesperson Annett Fischer said.</p>\n<p>“In this tense situation, we are doing everything in our power to support our customers and are working flat out to keep up deliveries as much as possible,” Fischer wrote in an email. “Together with our customers and our suppliers, we have been working in task forces around the clock for weeks.”</p>\n<p>Musk was responding to a tweet from Ark Investment’s Wood, who was parsing Tesla’ssignificant dropin local deliveries of China-built vehicles in July. Wood, a long-time Tesla bull, wrote that China would like “local champions” to dominate EV sales in the country, but is pleased Tesla is exporting to Europe.</p>\n<p>“Tesla makes cars for export in first half of quarter &amp; for local market in second half,” Musk replied.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Calls Renesas and Bosch’s Chip Supply ‘Problematic’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Calls Renesas and Bosch’s Chip Supply ‘Problematic’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-12 20:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-12/tesla-s-musk-calls-renesas-and-bosch-s-chip-supply-problematic><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc.’s Elon Musk griped that two of the world’s biggest auto-chip suppliers are inhibiting the electric-car maker’s production.\n“We are operating under extreme supply chain limitations regarding...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-12/tesla-s-musk-calls-renesas-and-bosch-s-chip-supply-problematic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-12/tesla-s-musk-calls-renesas-and-bosch-s-chip-supply-problematic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129865099","content_text":"Tesla Inc.’s Elon Musk griped that two of the world’s biggest auto-chip suppliers are inhibiting the electric-car maker’s production.\n“We are operating under extreme supply chain limitations regarding certain ‘standard’ automotive chips,” Tesla’s chief executive officer wrote in a tweet Thursday, responding to a tweet from Ark Investment Management CEO Cathie Wood. “Most problematic by far are Renesas & Bosch.”\nMusk isn’t the first in the auto industry to point fingers at Japan’sRenesas Electronics Corp.and Germany’sRobert Bosch GmbHfor holding up vehicle output. Ford Motor Co.called outthefireat a Renesas factory north of Tokyo as a major risk to its production schedules earlier this year.Volkswagen AGheld talks with major suppliers including Bosch about possibly claiming damages related to the semiconductor shortage, a spokesperson told Reutersin January.\nRenesas said inearly Junethat its chip plant in Naka would resume full production by mid-month. Representatives for the company didn’t immediately respond to a request for comment.\nBosch, which opened a 1 billion-euro ($1.2 billion)factorynear the city of Dresden in June, can’t escape the general shortage of semiconductor components caused by various factors, spokesperson Annett Fischer said.\n“In this tense situation, we are doing everything in our power to support our customers and are working flat out to keep up deliveries as much as possible,” Fischer wrote in an email. “Together with our customers and our suppliers, we have been working in task forces around the clock for weeks.”\nMusk was responding to a tweet from Ark Investment’s Wood, who was parsing Tesla’ssignificant dropin local deliveries of China-built vehicles in July. Wood, a long-time Tesla bull, wrote that China would like “local champions” to dominate EV sales in the country, but is pleased Tesla is exporting to Europe.\n“Tesla makes cars for export in first half of quarter & for local market in second half,” Musk replied.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892522469,"gmtCreate":1628674708951,"gmtModify":1676529817406,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>.","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>.","text":"$Palantir Technologies Inc.(PLTR)$.","images":[{"img":"https://static.tigerbbs.com/e56241d6ddcf779d5f38f923e6941e2b","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892522469","isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896452625,"gmtCreate":1628602873267,"gmtModify":1676529793547,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>??","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>??","text":"$Palantir Technologies Inc.(PLTR)$??","images":[{"img":"https://static.tigerbbs.com/0d3a822bef56afbda1c0744129a7a21d","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896452625","isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896458420,"gmtCreate":1628602815360,"gmtModify":1676529793509,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Please give a ??","listText":"Please give a ??","text":"Please give a ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896458420","repostId":"1139214891","repostType":4,"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898643005,"gmtCreate":1628496250707,"gmtModify":1703507055677,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>hold&nbsp;","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>hold&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$hold","images":[{"img":"https://static.tigerbbs.com/62a93b5929ec8a215cdc12169a273f25","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898643005","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":894751318,"gmtCreate":1628859496734,"gmtModify":1676529877129,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894751318","repostId":"2159529206","repostType":4,"repost":{"id":"2159529206","pubTimestamp":1628858520,"share":"https://ttm.financial/m/news/2159529206?lang=&edition=fundamental","pubTime":"2021-08-13 20:42","market":"us","language":"en","title":"Office-sharing startup WeWork posts smaller second-quarter loss","url":"https://stock-news.laohu8.com/highlight/detail?id=2159529206","media":"StreetInsider","summary":"(Reuters) - Office-sharing startup WeWork reported on Friday a smaller net loss for the second quart","content":"<p>(Reuters) - Office-sharing startup <a href=\"https://laohu8.com/S/WE\">WeWork</a> reported on Friday a smaller net loss for the second quarter as companies increasingly turned to hybrid work strategies.</p>\n<p>Net loss narrowed to $922.51 million in the quarter ended June 30 from $1.11 billion a year ago.</p>","source":"highlight_streetinsider","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>Office-sharing startup WeWork posts smaller second-quarter loss</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\">\nOffice-sharing startup WeWork posts smaller second-quarter loss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 20:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18814198><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Office-sharing startup WeWork reported on Friday a smaller net loss for the second quarter as companies increasingly turned to hybrid work strategies.\nNet loss narrowed to $922.51 million ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18814198\">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.streetinsider.com/dr/news.php?id=18814198","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159529206","content_text":"(Reuters) - Office-sharing startup WeWork reported on Friday a smaller net loss for the second quarter as companies increasingly turned to hybrid work strategies.\nNet loss narrowed to $922.51 million in the quarter ended June 30 from $1.11 billion a year ago.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807181618,"gmtCreate":1628006113034,"gmtModify":1703499587031,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Pls give likey [Smile]&nbsp;","listText":"Pls give likey [Smile]&nbsp;","text":"Pls give likey [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/807181618","repostId":"1140857457","repostType":4,"repost":{"id":"1140857457","pubTimestamp":1628004417,"share":"https://ttm.financial/m/news/1140857457?lang=&edition=fundamental","pubTime":"2021-08-03 23:26","market":"us","language":"en","title":"NYC Orders Restaurants And Gyms To Demand Proof Of Vaccination From All Customers","url":"https://stock-news.laohu8.com/highlight/detail?id=1140857457","media":"zerohedge","summary":"Maybe it was the rarelaudatory op-ed in the thoroughly anti-de Blasio New York Postthat inspired the","content":"<p>Maybe it was the rarelaudatory op-ed in the thoroughly anti-de Blasio New York Postthat inspired the mayor to impose even more restrictive COVID measures, but after being criticized for his refusal to order mandatory masking in NYC, Mayor Bill de Blasio is reportedly planning new measures that double-down on his \"vaccine-focused\" approach to combating the delta variant.</p>\n<p>Afterthe Bay Area and Louisianaeach adopted mandatory mask rules, it appears Mayor De Blasio is doubling-down on his vaccine-focused approach, ordering even more restrictive policies. According tothe NYT,the mayor plans to announced that NYC will require proof of vaccination for people participating in a range of indoor activities, from indoor dining to going to the gyms and performances on Broadway and elsewhere. The mayor's plan is \"his latest attempt to spur more vaccinations\", the NYT said, as the city's adult vaccination rate hovers at just 66%.</p>\n<p>To facilitate this, NYC will be creating its own vaccine passport. Notably, the unvaccinated will still be allowed to dine outdoors.</p>\n<blockquote>\n As part of the new program, New York City will create a health pass called the “Key to NYC Pass” to provide proof of vaccination required for workers and customers at indoor dining, gyms, entertainment and performances.\n</blockquote>\n<p>This measure is similar to a policy imposed in France by President Emmanuel Macron his health advisors. The NYT said the policy allegedly inspired millions in France to book vaccination appointments.</p>\n<blockquote>\n In France, people will soon have to show a health pass — providing proof of vaccination or a recent negative test — to visit indoor bars, restaurants and gyms. It has already been implemented at amusement parks, theaters and venues hosting more than 50 people. In New York City, proof of vaccination will be required and there will be no testing option.The restrictions in France&nbsp;prompted millions of people to book vaccine appointments&nbsp;and also sparked a&nbsp;series of protests&nbsp;among people who said it infringed on their personal liberties.\n</blockquote>\n<p>The program will start later this month after a transition period, will take full effect in mid-September when schools are expected to reopen and more workers could start returning to offices. So, anybody who wants to work out in NYC gyms will need to be vaccinated. Notably, Equinox and SoulCycle, two of the more popular upscale gym chains operating in the city, said earlier this week that they would require proof of vaccination.</p>\n<p>Per the NYT, \"the policy is similar to mandates issued in France and Italy last month and is believed to be the first of its kind in the United States.\"</p>\n<p>Some critics, including Donald Trump Jr., slammed the policy as creating a two-tiered society.</p>\n<blockquote>\n Democrats and the media want a two-tiered society where millions of law-abiding Americans are segregated and discriminated against.\n</blockquote>\n<blockquote>\n This is what actual fascism looks like!!!https://t.co/lhAst4sGtW— Donald Trump Jr. (@DonaldJTrumpJr)August 3, 2021\n</blockquote>\n<p>We wonder how differently this effort would be perceived if the headline was<i><b>\"De Blasio Orders Restaurants to Deny Access To 1 In 7 Black New Yorkers\"</b></i></p>\n<p><img src=\"https://static.tigerbbs.com/cfeebc676150e2a825314b7b11287fdf\" tg-width=\"1009\" tg-height=\"754\" width=\"100%\" height=\"auto\"></p>\n<p>Mayor de Blasio has been reluctant to reinstate mandatory masking despite the criticism, though he did \"encourage\" New Yorkers to wear masks. It looks like this decision to \"double down\" on the vaccine first approach is an attempt to one-up the mayor's critics. And as the NY Post points out, the mayor might be on to something: As the NYP explains, \"requiring even the vaxxed to mask up eliminates a major incentive to get jabbed in the first place, and increasing vax rates is the best way to keep COVID from doing deeper damage.\"</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>NYC Orders Restaurants And Gyms To Demand Proof Of Vaccination From All Customers</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\">\nNYC Orders Restaurants And Gyms To Demand Proof Of Vaccination From All Customers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/covid-19/nyc-orders-restaurants-and-gyms-demand-proof-vaccination-all-customers?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>Maybe it was the rarelaudatory op-ed in the thoroughly anti-de Blasio New York Postthat inspired the mayor to impose even more restrictive COVID measures, but after being criticized for his refusal to...</p>\n\n<a href=\"https://www.zerohedge.com/covid-19/nyc-orders-restaurants-and-gyms-demand-proof-vaccination-all-customers?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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/covid-19/nyc-orders-restaurants-and-gyms-demand-proof-vaccination-all-customers?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":"1140857457","content_text":"Maybe it was the rarelaudatory op-ed in the thoroughly anti-de Blasio New York Postthat inspired the mayor to impose even more restrictive COVID measures, but after being criticized for his refusal to order mandatory masking in NYC, Mayor Bill de Blasio is reportedly planning new measures that double-down on his \"vaccine-focused\" approach to combating the delta variant.\nAfterthe Bay Area and Louisianaeach adopted mandatory mask rules, it appears Mayor De Blasio is doubling-down on his vaccine-focused approach, ordering even more restrictive policies. According tothe NYT,the mayor plans to announced that NYC will require proof of vaccination for people participating in a range of indoor activities, from indoor dining to going to the gyms and performances on Broadway and elsewhere. The mayor's plan is \"his latest attempt to spur more vaccinations\", the NYT said, as the city's adult vaccination rate hovers at just 66%.\nTo facilitate this, NYC will be creating its own vaccine passport. Notably, the unvaccinated will still be allowed to dine outdoors.\n\n As part of the new program, New York City will create a health pass called the “Key to NYC Pass” to provide proof of vaccination required for workers and customers at indoor dining, gyms, entertainment and performances.\n\nThis measure is similar to a policy imposed in France by President Emmanuel Macron his health advisors. The NYT said the policy allegedly inspired millions in France to book vaccination appointments.\n\n In France, people will soon have to show a health pass — providing proof of vaccination or a recent negative test — to visit indoor bars, restaurants and gyms. It has already been implemented at amusement parks, theaters and venues hosting more than 50 people. In New York City, proof of vaccination will be required and there will be no testing option.The restrictions in France prompted millions of people to book vaccine appointments and also sparked a series of protests among people who said it infringed on their personal liberties.\n\nThe program will start later this month after a transition period, will take full effect in mid-September when schools are expected to reopen and more workers could start returning to offices. So, anybody who wants to work out in NYC gyms will need to be vaccinated. Notably, Equinox and SoulCycle, two of the more popular upscale gym chains operating in the city, said earlier this week that they would require proof of vaccination.\nPer the NYT, \"the policy is similar to mandates issued in France and Italy last month and is believed to be the first of its kind in the United States.\"\nSome critics, including Donald Trump Jr., slammed the policy as creating a two-tiered society.\n\n Democrats and the media want a two-tiered society where millions of law-abiding Americans are segregated and discriminated against.\n\n\n This is what actual fascism looks like!!!https://t.co/lhAst4sGtW— Donald Trump Jr. (@DonaldJTrumpJr)August 3, 2021\n\nWe wonder how differently this effort would be perceived if the headline was\"De Blasio Orders Restaurants to Deny Access To 1 In 7 Black New Yorkers\"\n\nMayor de Blasio has been reluctant to reinstate mandatory masking despite the criticism, though he did \"encourage\" New Yorkers to wear masks. It looks like this decision to \"double down\" on the vaccine first approach is an attempt to one-up the mayor's critics. And as the NY Post points out, the mayor might be on to something: As the NYP explains, \"requiring even the vaxxed to mask up eliminates a major incentive to get jabbed in the first place, and increasing vax rates is the best way to keep COVID from doing deeper damage.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140726980,"gmtCreate":1625675031640,"gmtModify":1703746295370,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Flying&nbsp;","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Flying&nbsp;","text":"$Exela Technologies, Inc.(XELA)$Flying","images":[{"img":"https://static.tigerbbs.com/428cdd7f9335136af1f41b884815e4b4","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140726980","isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":839312985,"gmtCreate":1629122123047,"gmtModify":1676529937596,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Pls climb&nbsp;","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Pls climb&nbsp;","text":"$Exela Technologies, Inc.(XELA)$Pls climb","images":[{"img":"https://static.tigerbbs.com/22818ce63b37329a6745ee83d12d4279","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839312985","isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896458420,"gmtCreate":1628602815360,"gmtModify":1676529793509,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Please give a ??","listText":"Please give a ??","text":"Please give a ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896458420","repostId":"1139214891","repostType":4,"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891717742,"gmtCreate":1628428904986,"gmtModify":1703506152647,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>[Sad]&nbsp;","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>[Sad]&nbsp;","text":"$Exela Technologies, Inc.(XELA)$[Sad]","images":[{"img":"https://static.tigerbbs.com/8b012c0cee7bbd41c6d8045e5f7eb0dc","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/891717742","isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":172270811,"gmtCreate":1626964158833,"gmtModify":1703481535692,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Pls likey thanks&nbsp;","listText":"Pls likey thanks&nbsp;","text":"Pls likey thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/172270811","repostId":"1110204064","repostType":4,"repost":{"id":"1110204064","pubTimestamp":1626960065,"share":"https://ttm.financial/m/news/1110204064?lang=&edition=fundamental","pubTime":"2021-07-22 21:21","market":"us","language":"en","title":"Startup Claims Breakthrough in Long-Duration Batteries","url":"https://stock-news.laohu8.com/highlight/detail?id=1110204064","media":"The Wall Street Journal","summary":"Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power g","content":"<blockquote>\n <b>Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power grid.</b>\n</blockquote>\n<p>A four-year-old startup says it has built an inexpensive battery that can discharge power for days using one of the most common elements on Earth: iron.</p>\n<p>Form Energy Inc.’s batteries are far too heavy for electric cars. But it says they will be capable of solving one of the most elusive problems facing renewable energy: cheaply storing large amounts of electricity to power grids when the sun isn’t shining and wind isn’t blowing.</p>\n<p>The work of the Somerville, Mass., company has long been shrouded in secrecy and nondisclosure agreements. It recently shared its progress with The Wall Street Journal, saying it wants to make regulators and utilities aware that if all continues to go according to plan, its iron-air batteries will be capable of affordable, long-duration power storage by 2025.</p>\n<p>Its backers include Breakthrough Energy Ventures, a climate investment fund whose investors include Microsoft Corp. co-founder Bill Gates and Amazon.com Inc. founderJeff Bezos. Form recently initiated a $200 million funding round, led by a strategic investment from steelmaking giantArcelorMittalSA,MT4.27%one of the world’s leading iron-ore producers.</p>\n<p>Form is preparing to soon be in production of the “kind of battery you need to fully retire thermal assets like coal andnatural gas” power plants, said the company’s chief executive, Mateo Jaramillo, who developed Tesla Inc.’s Powerwall battery and worked on some of its earliest automotive powertrains.</p>\n<p>On a recent tour of Form’s windowless laboratory, Mr. Jaramillo gestured to barrels filled with low-cost iron pellets as its key advantage in therapidly evolving battery space. Its prototype battery, nicknamed Big Jim, is filled with 18,000 pebble-size gray pieces of iron, an abundant, nontoxic and nonflammable mineral.</p>\n<p>For alithium-ion battery cell, the workhorse of electric vehicles and today’s grid-scale batteries, the nickel, cobalt, lithium and manganese minerals used currently cost between $50 and $80 per kilowatt-hour of storage, according to analysts.</p>\n<p>Using iron, Form believes it will spend less than $6 per kilowatt-hour of storage on materials for each cell. Packaging the cells together into a full battery system will raise the price to less than $20 per kilowatt-hour, a level at which academics have said renewables plus storage could fully replace traditional fossil-fuel-burning power plants.</p>\n<p>A battery capable of cheaply discharging power for days has been a holy grail in the energy industry, due to the problem that it solves and the potential market it creates.</p>\n<p>Regulators and power companies are under growing pressure to deliver affordable, reliable and carbon-free electricity, as countries world-wide seek to reduce the greenhouse-gas emissions linked to climate change. Most electricity generation delivers two out of three. A long-duration battery could enable renewable energy—wind and solar—to deliver all three.</p>\n<p>The Biden administration is pushing for a carbon-free power grid in the U.S. by 2035, and several states and electric utilities have similar pledges. There is widespread agreement that a combination of wind, solar, geothermal and nuclear power mixed with short-duration lithium-ion batteries can generate 80% of electricity. The final 20% will require some type of multiday storage.</p>\n<p>“That first 80% we know the technology pathway, and it is already cost competitive,” said Jeremiah Baumann, deputy chief of staff at the Energy Department. “We have a good sense of the technology for the final piece. The real question is which technology is going to get its cost down and get into the marketplace.”</p>\n<p>Form’s battery will compete with numerous other approaches in what is becoming a crowded space, as an array of startups race to develop more advanced, cost-effective energy-storage techniques.</p>\n<p>Several companies are heading to market with different battery configurations, such as solid-state designs. Some think pumped water storage or compressed air can be used more widely to bank energy. The European Union is pushing the use of hydrogen to store and generate power.</p>\n<p>Others, meanwhile, are focusing on carbon-capture technology to make gas- and coal-fired power plants emission-free, which would reduce the need for storing energy.</p>\n<p>Form Energy’s iron-air battery breathes in oxygen and converts iron to rust, then turns the rust back into iron and breathes out oxygen, discharging and charging the battery in the process.</p>\n<p>“There is a Cambrian explosion of new storage technologies and in a Darwinian sense, they are not all going to survive. But the prize is huge both for investors and for society,” says Ramez Naam, a clean-energy investor who isn’t involved with Form Energy.</p>\n<p>Previous high-profile effortsto develop better batterieshave arced from hope and hype to bankruptcy. But since Form was created in 2017, it has attracted speculation and intrigue within the industry due to the track records of its founders. They include Mr. Jaramillo and Yet-Ming Chiang, a professor at the Massachusetts Institute of Technology who co-founded A123 Systems Inc., a lithium-battery pioneer.</p>\n<p>Mr. Jaramillo earned degrees in economics and a master’s degree from the Yale Divinity School before switching to a career developing new batteries. After more than seven years at Tesla, he left in 2016 to pursue what he called “The Next Thing” on his LinkedIn page. He didn’t provide any details, but he wanted to build an inexpensive battery for the grid. He was close to signing a funding sheet for a new company when Mr. Chiang called him.</p>\n<p>Mr. Chiang arrived at MIT as an undergraduate and joined the faculty less than a decade later. He started working on a long-duration battery in 2012 as part of a Energy Department collaboration. In 2017, he was also working on long-duration batteries and he and Mr. Jaramillo decided to together create Form Energy.</p>\n<p>They recruited other battery-industry veterans. “The founding team has 100 years of battery experience,” says Mr. Chiang. “We’re the alumni of a generation of failed battery companies who all came back for more.”</p>\n<p>In early 2018, they began small-scale tests, the Ph.D. material scientist’s version of a middle-school science fair’s potato battery, using small pieces of metal wrapped in hardware-store hose clamps at the bottom of translucent measuring cups. Form tested different configurations: sulfur-iron, sulfur-air, sulfur-manganese and iron-air. By the end of the year, iron-air looked the most promising.</p>\n<p>In 2020, as work was moving quickly, Form caught a break. It needed a critical battery component called a cathode that was impermeable to water but breathed oxygen, like a Gore-Tex jacket. An Arizona battery company, NantEnergy Inc., had spent a decade building such a membrane for a zinc-air battery. Owner Patrick Soon-Shiong, a billionaire biotechnology entrepreneur who owns the Los Angeles Times, wound down operations last year to focus on other investments.</p>\n<p>Form bought its patents as well as its inventory of thousands of cathodes, which sit in cardboard boxes in a corner of the company’s building. “Having this piece nailed down allowed us to hit the accelerator,” said Mr. Jaramillo.</p>\n<p>Late last summer, Form built a one-meter-tall (roughly 3.3-foot-tall) battery it called Slim Jim because it had the dimensions of a trash can of the same name. Earlier this year, it built Big Jim, a full-scale one-meter-by-one-meter battery cell. If it works as expected, 20 of these cells will be grouped in a battery. Thousands of these batteries will be strung together, filling entire warehouses and storing weeks’ worth of electricity. It could take days to fully charge these battery systems, but the batteries can discharge electricity for 150 hours at a stretch.</p>\n<p>In 2023, Form plans to deploy a one-megawatt battery capable of discharging continuously for more than six days and says it is in talks with several utilities about battery deployments.</p>\n<p>Mr. Chiang, who is the company’s chief science officer, said the challenge was to figure out how to make a battery using iron, air and a water-based electrolyte.</p>\n<p>“Chefs will tell you it is harder to make an excellent dish with common ingredients,” he said.</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>Startup Claims Breakthrough in Long-Duration Batteries</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\">\nStartup Claims Breakthrough in Long-Duration Batteries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 21:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/startup-claims-breakthrough-in-long-duration-batteries-11626946330?mod=hp_lead_pos7><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power grid.\n\nA four-year-old startup says it has built an inexpensive battery that can discharge power for ...</p>\n\n<a href=\"https://www.wsj.com/articles/startup-claims-breakthrough-in-long-duration-batteries-11626946330?mod=hp_lead_pos7\">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.wsj.com/articles/startup-claims-breakthrough-in-long-duration-batteries-11626946330?mod=hp_lead_pos7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110204064","content_text":"Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power grid.\n\nA four-year-old startup says it has built an inexpensive battery that can discharge power for days using one of the most common elements on Earth: iron.\nForm Energy Inc.’s batteries are far too heavy for electric cars. But it says they will be capable of solving one of the most elusive problems facing renewable energy: cheaply storing large amounts of electricity to power grids when the sun isn’t shining and wind isn’t blowing.\nThe work of the Somerville, Mass., company has long been shrouded in secrecy and nondisclosure agreements. It recently shared its progress with The Wall Street Journal, saying it wants to make regulators and utilities aware that if all continues to go according to plan, its iron-air batteries will be capable of affordable, long-duration power storage by 2025.\nIts backers include Breakthrough Energy Ventures, a climate investment fund whose investors include Microsoft Corp. co-founder Bill Gates and Amazon.com Inc. founderJeff Bezos. Form recently initiated a $200 million funding round, led by a strategic investment from steelmaking giantArcelorMittalSA,MT4.27%one of the world’s leading iron-ore producers.\nForm is preparing to soon be in production of the “kind of battery you need to fully retire thermal assets like coal andnatural gas” power plants, said the company’s chief executive, Mateo Jaramillo, who developed Tesla Inc.’s Powerwall battery and worked on some of its earliest automotive powertrains.\nOn a recent tour of Form’s windowless laboratory, Mr. Jaramillo gestured to barrels filled with low-cost iron pellets as its key advantage in therapidly evolving battery space. Its prototype battery, nicknamed Big Jim, is filled with 18,000 pebble-size gray pieces of iron, an abundant, nontoxic and nonflammable mineral.\nFor alithium-ion battery cell, the workhorse of electric vehicles and today’s grid-scale batteries, the nickel, cobalt, lithium and manganese minerals used currently cost between $50 and $80 per kilowatt-hour of storage, according to analysts.\nUsing iron, Form believes it will spend less than $6 per kilowatt-hour of storage on materials for each cell. Packaging the cells together into a full battery system will raise the price to less than $20 per kilowatt-hour, a level at which academics have said renewables plus storage could fully replace traditional fossil-fuel-burning power plants.\nA battery capable of cheaply discharging power for days has been a holy grail in the energy industry, due to the problem that it solves and the potential market it creates.\nRegulators and power companies are under growing pressure to deliver affordable, reliable and carbon-free electricity, as countries world-wide seek to reduce the greenhouse-gas emissions linked to climate change. Most electricity generation delivers two out of three. A long-duration battery could enable renewable energy—wind and solar—to deliver all three.\nThe Biden administration is pushing for a carbon-free power grid in the U.S. by 2035, and several states and electric utilities have similar pledges. There is widespread agreement that a combination of wind, solar, geothermal and nuclear power mixed with short-duration lithium-ion batteries can generate 80% of electricity. The final 20% will require some type of multiday storage.\n“That first 80% we know the technology pathway, and it is already cost competitive,” said Jeremiah Baumann, deputy chief of staff at the Energy Department. “We have a good sense of the technology for the final piece. The real question is which technology is going to get its cost down and get into the marketplace.”\nForm’s battery will compete with numerous other approaches in what is becoming a crowded space, as an array of startups race to develop more advanced, cost-effective energy-storage techniques.\nSeveral companies are heading to market with different battery configurations, such as solid-state designs. Some think pumped water storage or compressed air can be used more widely to bank energy. The European Union is pushing the use of hydrogen to store and generate power.\nOthers, meanwhile, are focusing on carbon-capture technology to make gas- and coal-fired power plants emission-free, which would reduce the need for storing energy.\nForm Energy’s iron-air battery breathes in oxygen and converts iron to rust, then turns the rust back into iron and breathes out oxygen, discharging and charging the battery in the process.\n“There is a Cambrian explosion of new storage technologies and in a Darwinian sense, they are not all going to survive. But the prize is huge both for investors and for society,” says Ramez Naam, a clean-energy investor who isn’t involved with Form Energy.\nPrevious high-profile effortsto develop better batterieshave arced from hope and hype to bankruptcy. But since Form was created in 2017, it has attracted speculation and intrigue within the industry due to the track records of its founders. They include Mr. Jaramillo and Yet-Ming Chiang, a professor at the Massachusetts Institute of Technology who co-founded A123 Systems Inc., a lithium-battery pioneer.\nMr. Jaramillo earned degrees in economics and a master’s degree from the Yale Divinity School before switching to a career developing new batteries. After more than seven years at Tesla, he left in 2016 to pursue what he called “The Next Thing” on his LinkedIn page. He didn’t provide any details, but he wanted to build an inexpensive battery for the grid. He was close to signing a funding sheet for a new company when Mr. Chiang called him.\nMr. Chiang arrived at MIT as an undergraduate and joined the faculty less than a decade later. He started working on a long-duration battery in 2012 as part of a Energy Department collaboration. In 2017, he was also working on long-duration batteries and he and Mr. Jaramillo decided to together create Form Energy.\nThey recruited other battery-industry veterans. “The founding team has 100 years of battery experience,” says Mr. Chiang. “We’re the alumni of a generation of failed battery companies who all came back for more.”\nIn early 2018, they began small-scale tests, the Ph.D. material scientist’s version of a middle-school science fair’s potato battery, using small pieces of metal wrapped in hardware-store hose clamps at the bottom of translucent measuring cups. Form tested different configurations: sulfur-iron, sulfur-air, sulfur-manganese and iron-air. By the end of the year, iron-air looked the most promising.\nIn 2020, as work was moving quickly, Form caught a break. It needed a critical battery component called a cathode that was impermeable to water but breathed oxygen, like a Gore-Tex jacket. An Arizona battery company, NantEnergy Inc., had spent a decade building such a membrane for a zinc-air battery. Owner Patrick Soon-Shiong, a billionaire biotechnology entrepreneur who owns the Los Angeles Times, wound down operations last year to focus on other investments.\nForm bought its patents as well as its inventory of thousands of cathodes, which sit in cardboard boxes in a corner of the company’s building. “Having this piece nailed down allowed us to hit the accelerator,” said Mr. Jaramillo.\nLate last summer, Form built a one-meter-tall (roughly 3.3-foot-tall) battery it called Slim Jim because it had the dimensions of a trash can of the same name. Earlier this year, it built Big Jim, a full-scale one-meter-by-one-meter battery cell. If it works as expected, 20 of these cells will be grouped in a battery. Thousands of these batteries will be strung together, filling entire warehouses and storing weeks’ worth of electricity. It could take days to fully charge these battery systems, but the batteries can discharge electricity for 150 hours at a stretch.\nIn 2023, Form plans to deploy a one-megawatt battery capable of discharging continuously for more than six days and says it is in talks with several utilities about battery deployments.\nMr. Chiang, who is the company’s chief science officer, said the challenge was to figure out how to make a battery using iron, air and a water-based electrolyte.\n“Chefs will tell you it is harder to make an excellent dish with common ingredients,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811254367,"gmtCreate":1630329487559,"gmtModify":1676530270481,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Pls go up","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>Pls go up","text":"$Exela Technologies, Inc.(XELA)$Pls go up","images":[{"img":"https://static.tigerbbs.com/c776be37a2ece87d916949f913fd11e7","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811254367","isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":175515881,"gmtCreate":1627041215943,"gmtModify":1703483033315,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Pls like thanks&nbsp;","listText":"Pls like thanks&nbsp;","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/175515881","repostId":"1164478982","repostType":4,"repost":{"id":"1164478982","pubTimestamp":1626995319,"share":"https://ttm.financial/m/news/1164478982?lang=&edition=fundamental","pubTime":"2021-07-23 07:08","market":"us","language":"en","title":"Wall Street ekes out gains, led by tech, growth stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1164478982","media":"Reuters","summary":"NEW YORK  - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.A pull-back in economically sensitive cyclicals kept the S&P 500’s and the blue-chip Dow’s gains muted, while small-caps underperformed their larger rivals.“The market is flip-flopping between the view that economic growth has almost peaked so you need to buy stocks that manufacture thei","content":"<p>NEW YORK (Reuters) - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.</p>\n<p>A pull-back in economically sensitive cyclicals kept the S&amp;P 500’s and the blue-chip Dow’s gains muted, while small-caps underperformed their larger rivals.</p>\n<p>But megacap tech and tech-adjacent stocks, such as Microsoft Corp, Amazon.com, Apple Inc, <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc, rose ahead of their quarterly results next week, putting the Nasdaq out front.</p>\n<p>All three major U.S. stock indexes ended the session within 1% of their record closing highs.</p>\n<p>Growth stocks, which outperformed throughout the health crisis, were back in favor, gaining 0.8%, while the value index slipped by 0.5%.</p>\n<p>“The market is flip-flopping between the view that economic growth has almost peaked so you need to buy stocks that manufacture their own growth like tech names, versus the view that economic growth will continue and you want to own cyclicals and value names,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York.</p>\n<p>The number of U.S. workers filing first-time applications for unemployment benefits spiked unexpectedly to 419,000 last week, a two-month high, according to the Labor Department.</p>\n<p>Market participants are closely watching labor market indicators for hints as to when the Federal Reserve, expected to convene next week for its two-day monetary policy meeting, will begin discussions about hiking key interest rates from near zero.</p>\n<p>“The jobless data today didn’t have a meaningful impact on markets or the economic outlook,” Carter added. “It’s now all about how much longer the Fed will tolerate low rates. The Fed seems to be favoring its full employment mandate more than its price stability mandate.”</p>\n<p>“Accordingly, the upcoming Fed meeting could be impactful,” Carter said.</p>\n<p>Benchmark Treasury yields eased after the bid at the largest-ever TIPS auction touched a record low, pressuring rate sensitive banks.</p>\n<p>The Dow Jones Industrial Average rose 25.35 points, or 0.07%, to 34,823.35, the S&amp;P 500 gained 8.79 points, or 0.20%, to 4,367.48 and the Nasdaq Composite added 52.64 points, or 0.36%, to 14,684.60.</p>\n<p>Of the 11 major sectors of the S&amp;P 500, tech was shining brightest, gaining 0.7%. Energy stocks suffered the largest percentage drop.</p>\n<p>The second-quarter reporting season barreled ahead at full-throttle, with 104 of the companies in the S&amp;P 500 having reported. Of those, 88% have beaten consensus estimates, according to Refinitiv.</p>\n<p>Drugmaker Biogen Inc gained 1.1% after hiking its full-year revenue guidance, while Domino’s Pizza Inc surged 14.6% to an all-time high on the heels of its quarterly report.</p>\n<p>Southwest Airlines Co posted a bigger-than-expected quarterly loss, sending its stock down 3.5%, and American Airlines Group Inc dipped 1.1% even after reporting a quarterly profit.</p>\n<p>The S&amp;P 1500 Airlines index ended the session off 1.7%.</p>\n<p>Shares of Texas Instruments Inc slid 5.3% after its current-quarter revenue forecast cast concerns as to whether the company will be able to meet spiking demand in the face of a global semiconductor shortage.</p>\n<p>The Philadelphia SE Semiconductor index ended the session down 0.9%.</p>\n<p>Chipmaker Intel Corp slipped more than 1% in extended trading after the chipmaker posted results and raised its annual revenue forecast.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.82-to-1 ratio; on Nasdaq, a 1.90-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 54 new lows.</p>\n<p>Volume on U.S. exchanges was 8.25 billion shares, compared with the 10.12 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ekes out gains, led by tech, growth stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ekes out gains, led by tech, growth stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-wall-street-ekes-out-gains-led-by-tech-growth-stocks-idUSL1N2OY2HH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-wall-street-ekes-out-gains-led-by-tech-growth-stocks-idUSL1N2OY2HH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-wall-street-ekes-out-gains-led-by-tech-growth-stocks-idUSL1N2OY2HH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164478982","content_text":"NEW YORK (Reuters) - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.\nA pull-back in economically sensitive cyclicals kept the S&P 500’s and the blue-chip Dow’s gains muted, while small-caps underperformed their larger rivals.\nBut megacap tech and tech-adjacent stocks, such as Microsoft Corp, Amazon.com, Apple Inc, Facebook Inc and Alphabet Inc, rose ahead of their quarterly results next week, putting the Nasdaq out front.\nAll three major U.S. stock indexes ended the session within 1% of their record closing highs.\nGrowth stocks, which outperformed throughout the health crisis, were back in favor, gaining 0.8%, while the value index slipped by 0.5%.\n“The market is flip-flopping between the view that economic growth has almost peaked so you need to buy stocks that manufacture their own growth like tech names, versus the view that economic growth will continue and you want to own cyclicals and value names,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York.\nThe number of U.S. workers filing first-time applications for unemployment benefits spiked unexpectedly to 419,000 last week, a two-month high, according to the Labor Department.\nMarket participants are closely watching labor market indicators for hints as to when the Federal Reserve, expected to convene next week for its two-day monetary policy meeting, will begin discussions about hiking key interest rates from near zero.\n“The jobless data today didn’t have a meaningful impact on markets or the economic outlook,” Carter added. “It’s now all about how much longer the Fed will tolerate low rates. The Fed seems to be favoring its full employment mandate more than its price stability mandate.”\n“Accordingly, the upcoming Fed meeting could be impactful,” Carter said.\nBenchmark Treasury yields eased after the bid at the largest-ever TIPS auction touched a record low, pressuring rate sensitive banks.\nThe Dow Jones Industrial Average rose 25.35 points, or 0.07%, to 34,823.35, the S&P 500 gained 8.79 points, or 0.20%, to 4,367.48 and the Nasdaq Composite added 52.64 points, or 0.36%, to 14,684.60.\nOf the 11 major sectors of the S&P 500, tech was shining brightest, gaining 0.7%. Energy stocks suffered the largest percentage drop.\nThe second-quarter reporting season barreled ahead at full-throttle, with 104 of the companies in the S&P 500 having reported. Of those, 88% have beaten consensus estimates, according to Refinitiv.\nDrugmaker Biogen Inc gained 1.1% after hiking its full-year revenue guidance, while Domino’s Pizza Inc surged 14.6% to an all-time high on the heels of its quarterly report.\nSouthwest Airlines Co posted a bigger-than-expected quarterly loss, sending its stock down 3.5%, and American Airlines Group Inc dipped 1.1% even after reporting a quarterly profit.\nThe S&P 1500 Airlines index ended the session off 1.7%.\nShares of Texas Instruments Inc slid 5.3% after its current-quarter revenue forecast cast concerns as to whether the company will be able to meet spiking demand in the face of a global semiconductor shortage.\nThe Philadelphia SE Semiconductor index ended the session down 0.9%.\nChipmaker Intel Corp slipped more than 1% in extended trading after the chipmaker posted results and raised its annual revenue forecast.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.82-to-1 ratio; on Nasdaq, a 1.90-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 54 new lows.\nVolume on U.S. exchanges was 8.25 billion shares, compared with the 10.12 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178998039,"gmtCreate":1626778992621,"gmtModify":1703765004231,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Pls like thanks&nbsp;","listText":"Pls like thanks&nbsp;","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178998039","repostId":"1167258014","repostType":4,"repost":{"id":"1167258014","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626773582,"share":"https://ttm.financial/m/news/1167258014?lang=&edition=fundamental","pubTime":"2021-07-20 17:33","market":"us","language":"en","title":"Is Now The Time To Buy Into Nvidia, AMC, Or GameStop?","url":"https://stock-news.laohu8.com/highlight/detail?id=1167258014","media":"Benzinga","summary":"These stocks are seeing high retail investor interest on social media at press time early Tuesday.\nN","content":"<p>These stocks are seeing high retail investor interest on social media at press time early Tuesday.</p>\n<p><b>NVIDIA Corporation</b>(NASDAQ:NVDA): The technology multinational known for graphics processing units trended as thetop name on r/WallStreetBetsor WSB at press time.</p>\n<p>The company’s shares will be split 4-for-1 on Tuesday morning. David Green, a veteran trader, said he wants to“be long NVIDIA”on Monday.</p>\n<p>“We will get a lot of action once we have earnings coming out,” said Green.</p>\n<p>The company’s next quarterly numbers release is scheduled for August 18. As per the first-quarter numbers released in May, NVIDIA recorded earnings per share of $3.66 which beat the estimated EPS of $3.28.</p>\n<p>NVIDIA shares have appreciated 43.9% since the year began. On Monday, the company’s shares closed 3.41% higher in the regular session at $751.19 and rose another 1.17% in the after-hours trading to $760.</p>\n<p><b>AMC Entertainment Holdings Inc</b>(NYSE:AMC): The theater chain’s shares saw high interest from retail traders.On Monday, AMC announced that it hadreached an agreementwith real estate firm Caruso to reopen The Grove Theatre and The Americana at Brand Theatre— two of the top-grossing movie theaters in Los Angeles.</p>\n<p>This month, AMC decidednot to vote ona previously announced$25 million share offering, which would have allowed it to raise cash as it reels under the impact of COVID-19.</p>\n<p>AMC shares have spiked 1,533% since the year began. On Friday, AMC shares closed 0.97% lower at $34.62 in the regular session and rose nearly 0.9% in the after-hours trading.</p>\n<p><b>GameStop Corporation</b>(NYSE:GME): The video game retailer trended among retail investors on Monday as it outperformed the wider market. On Monday key U.S. indices such as the S&amp;P 500 and NASDAQ ended in the red by 1.59% and 1.06% respectively.</p>\n<p>On the same day, GameStop shares traded 2.63% higher at $173.49 in the regular session. The shares declined nearly 0.3% in the after-hours trading.</p>\n<p>The primary reason for the market's fall was mounting worries aboutrising in COVID-19 cases— particularly due to the Delta variant and its impact on global economic recovery.</p>\n<p>At the same time, video games are increasingly popular with NewZooestimatespointing to a CAGR of 8.7% between 2019 to 2024. NewZoo estimates gaming will cross the $200 billion mark in 2023.</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>Is Now The Time To Buy Into Nvidia, AMC, Or GameStop?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Now The Time To Buy Into Nvidia, AMC, Or GameStop?\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-20 17:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>These stocks are seeing high retail investor interest on social media at press time early Tuesday.</p>\n<p><b>NVIDIA Corporation</b>(NASDAQ:NVDA): The technology multinational known for graphics processing units trended as thetop name on r/WallStreetBetsor WSB at press time.</p>\n<p>The company’s shares will be split 4-for-1 on Tuesday morning. David Green, a veteran trader, said he wants to“be long NVIDIA”on Monday.</p>\n<p>“We will get a lot of action once we have earnings coming out,” said Green.</p>\n<p>The company’s next quarterly numbers release is scheduled for August 18. As per the first-quarter numbers released in May, NVIDIA recorded earnings per share of $3.66 which beat the estimated EPS of $3.28.</p>\n<p>NVIDIA shares have appreciated 43.9% since the year began. On Monday, the company’s shares closed 3.41% higher in the regular session at $751.19 and rose another 1.17% in the after-hours trading to $760.</p>\n<p><b>AMC Entertainment Holdings Inc</b>(NYSE:AMC): The theater chain’s shares saw high interest from retail traders.On Monday, AMC announced that it hadreached an agreementwith real estate firm Caruso to reopen The Grove Theatre and The Americana at Brand Theatre— two of the top-grossing movie theaters in Los Angeles.</p>\n<p>This month, AMC decidednot to vote ona previously announced$25 million share offering, which would have allowed it to raise cash as it reels under the impact of COVID-19.</p>\n<p>AMC shares have spiked 1,533% since the year began. On Friday, AMC shares closed 0.97% lower at $34.62 in the regular session and rose nearly 0.9% in the after-hours trading.</p>\n<p><b>GameStop Corporation</b>(NYSE:GME): The video game retailer trended among retail investors on Monday as it outperformed the wider market. On Monday key U.S. indices such as the S&amp;P 500 and NASDAQ ended in the red by 1.59% and 1.06% respectively.</p>\n<p>On the same day, GameStop shares traded 2.63% higher at $173.49 in the regular session. The shares declined nearly 0.3% in the after-hours trading.</p>\n<p>The primary reason for the market's fall was mounting worries aboutrising in COVID-19 cases— particularly due to the Delta variant and its impact on global economic recovery.</p>\n<p>At the same time, video games are increasingly popular with NewZooestimatespointing to a CAGR of 8.7% between 2019 to 2024. NewZoo estimates gaming will cross the $200 billion mark in 2023.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIME":"Clockwise Core Equity & Innovation ETF","GME":"游戏驿站","NVDA":"英伟达","AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167258014","content_text":"These stocks are seeing high retail investor interest on social media at press time early Tuesday.\nNVIDIA Corporation(NASDAQ:NVDA): The technology multinational known for graphics processing units trended as thetop name on r/WallStreetBetsor WSB at press time.\nThe company’s shares will be split 4-for-1 on Tuesday morning. David Green, a veteran trader, said he wants to“be long NVIDIA”on Monday.\n“We will get a lot of action once we have earnings coming out,” said Green.\nThe company’s next quarterly numbers release is scheduled for August 18. As per the first-quarter numbers released in May, NVIDIA recorded earnings per share of $3.66 which beat the estimated EPS of $3.28.\nNVIDIA shares have appreciated 43.9% since the year began. On Monday, the company’s shares closed 3.41% higher in the regular session at $751.19 and rose another 1.17% in the after-hours trading to $760.\nAMC Entertainment Holdings Inc(NYSE:AMC): The theater chain’s shares saw high interest from retail traders.On Monday, AMC announced that it hadreached an agreementwith real estate firm Caruso to reopen The Grove Theatre and The Americana at Brand Theatre— two of the top-grossing movie theaters in Los Angeles.\nThis month, AMC decidednot to vote ona previously announced$25 million share offering, which would have allowed it to raise cash as it reels under the impact of COVID-19.\nAMC shares have spiked 1,533% since the year began. On Friday, AMC shares closed 0.97% lower at $34.62 in the regular session and rose nearly 0.9% in the after-hours trading.\nGameStop Corporation(NYSE:GME): The video game retailer trended among retail investors on Monday as it outperformed the wider market. On Monday key U.S. indices such as the S&P 500 and NASDAQ ended in the red by 1.59% and 1.06% respectively.\nOn the same day, GameStop shares traded 2.63% higher at $173.49 in the regular session. The shares declined nearly 0.3% in the after-hours trading.\nThe primary reason for the market's fall was mounting worries aboutrising in COVID-19 cases— particularly due to the Delta variant and its impact on global economic recovery.\nAt the same time, video games are increasingly popular with NewZooestimatespointing to a CAGR of 8.7% between 2019 to 2024. NewZoo estimates gaming will cross the $200 billion mark in 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":6,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179262768,"gmtCreate":1626535563454,"gmtModify":1703761546803,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Pls like [Salute]&nbsp;","listText":"Pls like [Salute]&nbsp;","text":"Pls like [Salute]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179262768","repostId":"2152686879","repostType":4,"repost":{"id":"2152686879","pubTimestamp":1626487020,"share":"https://ttm.financial/m/news/2152686879?lang=&edition=fundamental","pubTime":"2021-07-17 09:57","market":"us","language":"en","title":"Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2152686879","media":"StreetInsider","summary":"No Action Needs to be Taken by Monmouth Shareholders at This Time\nHOLMDEL, N.J., July 16, 2021 (GLOB","content":"<p><i>No Action Needs to be Taken by Monmouth Shareholders at This Time</i></p>\n<p><b>HOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) -- </b><a href=\"https://laohu8.com/S/MNR\">Monmouth Real Estate Investment</a> Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that it received an amendment to the unsolicited acquisition proposal it previously received on July 8, 2021 from a certain large private investment firm. The amendment to the proposal reflects an increase of $0.18 per share in the consideration that would be paid for each share of Monmouth Common Stock, resulting in a net cash consideration of $18.88 per share, reflecting a stated purchase price of $19.51 per share reduced by the termination fee of approximately $62.2 million, or $0.63 per share, if Monmouth terminates the merger agreement it previously entered into with <a href=\"https://laohu8.com/S/EQCN\">Equity Commonwealth</a> (“EQC”) in accordance with its terms to accept the amended proposal. The increase results from the investment firm’s decision that the purchase price would no longer be reduced by the $0.18 per share dividend on Monmouth’s common stock previously declared by Monmouth’s Board on July 1, 2021 and payable on or about September 15, 2021. On July 16, 2021, Monmouth’s common shares closed at $19.23 per share.</p>\n<p>As previously announced, on May 4, 2021, Monmouth entered into a definitive merger agreement with EQC pursuant to which EQC agreed to acquire Monmouth in an all-stock transaction valued at approximately $3.4 billion, including the assumption of debt. The combined company is expected to have a pro forma equity market capitalization of approximately $5.5 billion.</p>\n<p>Consistent with its statutory duties and in consultation with its financial and legal advisors, Monmouth’s Board is now evaluating the amended proposal and has not made any determination as to what action to take in response to the proposal. The Company’s Board intends to respond to the proposal in due course and remains committed to acting in the best interests of the Company and its shareholders.</p>\n<p>J.P. Morgan Securities LLC and CS Capital Advisors, LLC are acting as financial advisors and Stroock &amp; Stroock &amp; Lavan LLP is serving as legal advisor to Monmouth.</p>\n<p><b>About Monmouth</b></p>\n<p>Monmouth Real Estate Investment Corporation, founded in 1968, is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the oldest public equity REITs in the world. The Company specializes in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment grade tenants. Monmouth Real Estate Investment Corporation is a fully integrated and self-managed real estate company, whose property portfolio consists of 120 properties containing a total of approximately 24.5 million rentable square feet, geographically diversified across 31 states. The Company’s occupancy rate as of this date is 99.7%.</p>","source":"highlight_streetinsider","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>Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal</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\">\nMonmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18688854><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No Action Needs to be Taken by Monmouth Shareholders at This Time\nHOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18688854\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MNR":"Mach Natural Resources L.P."},"source_url":"https://www.streetinsider.com/dr/news.php?id=18688854","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152686879","content_text":"No Action Needs to be Taken by Monmouth Shareholders at This Time\nHOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that it received an amendment to the unsolicited acquisition proposal it previously received on July 8, 2021 from a certain large private investment firm. The amendment to the proposal reflects an increase of $0.18 per share in the consideration that would be paid for each share of Monmouth Common Stock, resulting in a net cash consideration of $18.88 per share, reflecting a stated purchase price of $19.51 per share reduced by the termination fee of approximately $62.2 million, or $0.63 per share, if Monmouth terminates the merger agreement it previously entered into with Equity Commonwealth (“EQC”) in accordance with its terms to accept the amended proposal. The increase results from the investment firm’s decision that the purchase price would no longer be reduced by the $0.18 per share dividend on Monmouth’s common stock previously declared by Monmouth’s Board on July 1, 2021 and payable on or about September 15, 2021. On July 16, 2021, Monmouth’s common shares closed at $19.23 per share.\nAs previously announced, on May 4, 2021, Monmouth entered into a definitive merger agreement with EQC pursuant to which EQC agreed to acquire Monmouth in an all-stock transaction valued at approximately $3.4 billion, including the assumption of debt. The combined company is expected to have a pro forma equity market capitalization of approximately $5.5 billion.\nConsistent with its statutory duties and in consultation with its financial and legal advisors, Monmouth’s Board is now evaluating the amended proposal and has not made any determination as to what action to take in response to the proposal. The Company’s Board intends to respond to the proposal in due course and remains committed to acting in the best interests of the Company and its shareholders.\nJ.P. Morgan Securities LLC and CS Capital Advisors, LLC are acting as financial advisors and Stroock & Stroock & Lavan LLP is serving as legal advisor to Monmouth.\nAbout Monmouth\nMonmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. The Company specializes in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment grade tenants. Monmouth Real Estate Investment Corporation is a fully integrated and self-managed real estate company, whose property portfolio consists of 120 properties containing a total of approximately 24.5 million rentable square feet, geographically diversified across 31 states. The Company’s occupancy rate as of this date is 99.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174454606,"gmtCreate":1627131493005,"gmtModify":1703484640445,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Pls like thanks&nbsp;","listText":"Pls like thanks&nbsp;","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/174454606","repostId":"2153938547","repostType":4,"repost":{"id":"2153938547","pubTimestamp":1627085070,"share":"https://ttm.financial/m/news/2153938547?lang=&edition=fundamental","pubTime":"2021-07-24 08:04","market":"us","language":"en","title":"What will Apple say about the next iPhone at earnings time? Maybe more than usual","url":"https://stock-news.laohu8.com/highlight/detail?id=2153938547","media":"MarketWatch","summary":"Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few mo","content":"<p>Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1694f71fa4dec194ef63e28ffc75776f\" tg-width=\"700\" tg-height=\"495\" width=\"100%\" height=\"auto\"><span>Heavy promotions in the wireless industry likely benefited Apple's business during the June quarter.</span></p>\n<p>The pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.'s June-quarter conference call.</p>\n<p>Typically the most important tidbit coming out of fiscal third-quarter earnings, which Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> is scheduled to report Tuesday afternoon, is the company's outlook and commentary around its September-quarter revenue, which can hold clues as to what the company expects in the early days of its next smartphone launch. A strong forecast may imply that the company intends to make its new lineup available during the waning days of its fiscal year, while weaker guidance could suggest the launch will be pushed in to the calendar fourth quarter.</p>\n<p>The problem this time around is that Apple has held off on issuing a formal outlook for more than a year amid the pandemic, and it remains unclear when or if the company will resume the practice. Apple has instead been offering \"directional insights\" to offer some indication of how its results could stack up to those of prior quarters, but it has been notoriously tight-lipped about plans for iPhone launches.</p>\n<p>\"We expect the timing of iPhone 13 availability will ultimately prove to be the swing factor in [the fiscal fourth quarter], thus we anticipate the company will provide more granular directional commentary,\" wrote Monness, Crespi, Hardt &amp; Co. analyst Brian White.</p>\n<p>The coming launch is of keen interest given that the current lineup has performed well. \"The iPhone 12 cycle has been strong but we believe the next two cycles may prove challenging with units potentially down [year over year] in FY22 and FY23,\" wrote Barclays analyst Tim Long.</p>\n<p>The June quarter that Apple will report Tuesday is traditionally a slower <a href=\"https://laohu8.com/S/AONE.U\">one</a>, as consumers wait for the next iPhone launch, but the company is still expected to deliver big growth in its smartphone business. Not only does the company have the benefit of easy comparisons to the early days of the pandemic, but it should also be reaping the rewards of an unusually promotional wireless industry.</p>\n<p><b>What to watch for</b></p>\n<p><b>Earnings:</b> Analysts tracked by FactSet expect Apple to post $1.01 in earnings per share, up from 65 cents a year earlier. According to Estimize, which crowdsources projections from hedge funds, academics, and others, the average expectation is for $1.16 a share in EPS.</p>\n<p><b>Revenue: </b>The FactSet consensus calls for $73.26 billion in overall revenue, up from $59.69 billion a year prior. On Estimize, the average estimate is for $77.38 billion.</p>\n<p>On a segment level, analysts surveyed by FactSet project $34.19 billion in iPhone revenue, $7.17 billion in iPad revenue, $7.86 billion in Mac revenue, $16.26 billion in services revenue, and $7.83 billion in revenue for the wearables, home, and accessories category.</p>\n<p><b>Stock movement: </b>Apple shares have fallen after four of the past five earnings reports, though the stock is up 60% over the past 12 months as the Dow Jones Industrial Average has increased 32%.</p>\n<p>Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, nine have hold ratings and two have sell ratings, with an average price target of $157.88.</p>\n<p><b>What else to watch for</b></p>\n<p>Apple's iPhone business is set up for its second-largest rate of growth in at least three years, behind only what was seen in the previous quarter. Analysts tracked by FactSet are calling for $34.2 billion in iPhone revenue, up 29.4% from a year earlier.</p>\n<p>Some encouraging signals came from Verizon Communications Inc. <a href=\"https://laohu8.com/S/VZ\">$(VZ)$</a>, which recently ran a big iPhone promotion as it sought to match discounts at rival AT&amp;T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a></p>\n<p>\"Momentum built throughout the quarter, and we timed our promotions to take full advantage of the economic recovery and increased customer activity,\" Verizon Chief Financial Officer Matthew Ellis said on his company's earnings call. About 20% of Verizon's consumer base is now using 5G-enabled phones .</p>\n<p>Raymond James analyst Chris Caso noted that the quantity of upgrades might not even be the most important factor, as his analysis of iPhone carrier deals from last year found that they can be helpful in driving a greater \"mix\" of more expensive devices.</p>\n<p>\"Consumers appear to have been willing to pay the few dollars per month to upgrade to higher-end models, if the base model was offered for free,\" he wrote, based on analyzing last year's subsidies.</p>\n<p>UBS analyst David Vogt is also feeling upbeat about the business heading into the fiscal third-quarter report, pointing to positive signs in the telecommunications industry like the \"aggressive promotions\" and improving retail traffic at wireless stores.</p>\n<p>But he notes that demand may not be the big issue for Apple, as the company's overall upside is \"gated\" due to supply constraints plaguing the broader electronics industry and beyond. Apple addressed these issues on its earnings call, projecting a $3 billion to $4 billion negative revenue impact in the June quarter that was mainly expected to affect the Mac and iPad businesses.</p>\n<p>Another key narrative is how those two segments held up more generally given a return to more normalized activities outside the home. Apple's Macs and iPads were popular purchases among those needing new hardware to power remote working and schooling, but analysts will be looking to see whether the personal-computer boom is sustainable.</p>\n<p>\"While Apple will have to contend with lapping very difficult pandemic comparisons in the [June quarter] and for several quarters thereafter, we see several near-term tailwinds from both categories,\" wrote CFRA analyst Angelo Zino. \"We see corporate upgrades on the enterprise level becoming a bigger contributor to demand as the economy fully reopens across the globe.\"</p>\n<p>The coming results will also be the first gauge on demand for Apple's new colorful iMac lineup and powerful iPad Pro , both of which rolled out in the spring and feature the company's custom M1 chip.</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>What will Apple say about the next iPhone at earnings time? Maybe more than usual</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 will Apple say about the next iPhone at earnings time? Maybe more than usual\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon\nHeavy promotions in...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?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/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153938547","content_text":"Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon\nHeavy promotions in the wireless industry likely benefited Apple's business during the June quarter.\nThe pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.'s June-quarter conference call.\nTypically the most important tidbit coming out of fiscal third-quarter earnings, which Apple $(AAPL)$ is scheduled to report Tuesday afternoon, is the company's outlook and commentary around its September-quarter revenue, which can hold clues as to what the company expects in the early days of its next smartphone launch. A strong forecast may imply that the company intends to make its new lineup available during the waning days of its fiscal year, while weaker guidance could suggest the launch will be pushed in to the calendar fourth quarter.\nThe problem this time around is that Apple has held off on issuing a formal outlook for more than a year amid the pandemic, and it remains unclear when or if the company will resume the practice. Apple has instead been offering \"directional insights\" to offer some indication of how its results could stack up to those of prior quarters, but it has been notoriously tight-lipped about plans for iPhone launches.\n\"We expect the timing of iPhone 13 availability will ultimately prove to be the swing factor in [the fiscal fourth quarter], thus we anticipate the company will provide more granular directional commentary,\" wrote Monness, Crespi, Hardt & Co. analyst Brian White.\nThe coming launch is of keen interest given that the current lineup has performed well. \"The iPhone 12 cycle has been strong but we believe the next two cycles may prove challenging with units potentially down [year over year] in FY22 and FY23,\" wrote Barclays analyst Tim Long.\nThe June quarter that Apple will report Tuesday is traditionally a slower one, as consumers wait for the next iPhone launch, but the company is still expected to deliver big growth in its smartphone business. Not only does the company have the benefit of easy comparisons to the early days of the pandemic, but it should also be reaping the rewards of an unusually promotional wireless industry.\nWhat to watch for\nEarnings: Analysts tracked by FactSet expect Apple to post $1.01 in earnings per share, up from 65 cents a year earlier. According to Estimize, which crowdsources projections from hedge funds, academics, and others, the average expectation is for $1.16 a share in EPS.\nRevenue: The FactSet consensus calls for $73.26 billion in overall revenue, up from $59.69 billion a year prior. On Estimize, the average estimate is for $77.38 billion.\nOn a segment level, analysts surveyed by FactSet project $34.19 billion in iPhone revenue, $7.17 billion in iPad revenue, $7.86 billion in Mac revenue, $16.26 billion in services revenue, and $7.83 billion in revenue for the wearables, home, and accessories category.\nStock movement: Apple shares have fallen after four of the past five earnings reports, though the stock is up 60% over the past 12 months as the Dow Jones Industrial Average has increased 32%.\nOf the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, nine have hold ratings and two have sell ratings, with an average price target of $157.88.\nWhat else to watch for\nApple's iPhone business is set up for its second-largest rate of growth in at least three years, behind only what was seen in the previous quarter. Analysts tracked by FactSet are calling for $34.2 billion in iPhone revenue, up 29.4% from a year earlier.\nSome encouraging signals came from Verizon Communications Inc. $(VZ)$, which recently ran a big iPhone promotion as it sought to match discounts at rival AT&T Inc. $(T)$\n\"Momentum built throughout the quarter, and we timed our promotions to take full advantage of the economic recovery and increased customer activity,\" Verizon Chief Financial Officer Matthew Ellis said on his company's earnings call. About 20% of Verizon's consumer base is now using 5G-enabled phones .\nRaymond James analyst Chris Caso noted that the quantity of upgrades might not even be the most important factor, as his analysis of iPhone carrier deals from last year found that they can be helpful in driving a greater \"mix\" of more expensive devices.\n\"Consumers appear to have been willing to pay the few dollars per month to upgrade to higher-end models, if the base model was offered for free,\" he wrote, based on analyzing last year's subsidies.\nUBS analyst David Vogt is also feeling upbeat about the business heading into the fiscal third-quarter report, pointing to positive signs in the telecommunications industry like the \"aggressive promotions\" and improving retail traffic at wireless stores.\nBut he notes that demand may not be the big issue for Apple, as the company's overall upside is \"gated\" due to supply constraints plaguing the broader electronics industry and beyond. Apple addressed these issues on its earnings call, projecting a $3 billion to $4 billion negative revenue impact in the June quarter that was mainly expected to affect the Mac and iPad businesses.\nAnother key narrative is how those two segments held up more generally given a return to more normalized activities outside the home. Apple's Macs and iPads were popular purchases among those needing new hardware to power remote working and schooling, but analysts will be looking to see whether the personal-computer boom is sustainable.\n\"While Apple will have to contend with lapping very difficult pandemic comparisons in the [June quarter] and for several quarters thereafter, we see several near-term tailwinds from both categories,\" wrote CFRA analyst Angelo Zino. \"We see corporate upgrades on the enterprise level becoming a bigger contributor to demand as the economy fully reopens across the globe.\"\nThe coming results will also be the first gauge on demand for Apple's new colorful iMac lineup and powerful iPad Pro , both of which rolled out in the spring and feature the company's custom M1 chip.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176989966,"gmtCreate":1626854446155,"gmtModify":1703479325233,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Pls like thankssss&nbsp;","listText":"Pls like thankssss&nbsp;","text":"Pls like thankssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176989966","repostId":"1183563723","repostType":4,"repost":{"id":"1183563723","pubTimestamp":1626853969,"share":"https://ttm.financial/m/news/1183563723?lang=&edition=fundamental","pubTime":"2021-07-21 15:52","market":"us","language":"en","title":"Netflix Slides After Subscriber Guidance Misses Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1183563723","media":"zerohedge","summary":"Recent earnings reports from streaming giant $Netflix$ have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that\"growth is slowing\",before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo qu","content":"<p>Recent earnings reports from streaming giant <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that<i>\"growth is slowing\",</i>before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo quarters agowhen Netflix reported a blowout subscriber beat and projected it would soon be cash flow positive, sending its stock soaring to an all time high - if only briefly before again reversing and then tumblinglast quarterwhen Netflix again disappointed when it reported a huge subscriber miss and giving dismal guidance.</p>\n<p><img src=\"https://static.tigerbbs.com/04fe65be48d8a2ae27f38c5f2f476d77\" tg-width=\"1223\" tg-height=\"670\" referrerpolicy=\"no-referrer\">Which brings us to today, when investors are on edge today to find out not whether the company would beat or miss expectations, but rather if the slowdown CEO Reed Hastings warned about is for real and has pulled forward even more subscribers due to covid? After all, Netflix has been warning for months that growth would slow in 2021 compared to the phenomenal signup rate at the start of the pandemic lockdown last year. And yes, brace for a huge base effect hit:<i>in the second quarter of 2020, the service added 10 million new customers, second only to the 15.77 million it added in the record first quarter of 2020.</i></p>\n<p>To be sure, despite a series of hit or miss earnings, the company has been riding a wave of optimism, its stock soaring in early 2021. Still, after hitting to a record high in January, the stock has traded rangbeound, unable to break out to a new high, for the past seven months. And while there’s no doubt that viewership has surged during the Covid-19 lockdowns in the U.S. and much of the world, there are complications: the virus has brought TV and film production to a halt, a situation that may only get more dire for Netflix as the months wear on. But the biggest question remains<b>how many future subs has covid brought to the present, and tied to that - will the panic over the Delta strain lead to another mini burst in subscribers in the coming quater(s)?</b></p>\n<p>Indicatively, consensus expects just 1.12 million new subscribers to be added in the second quarter, just above the company's own projection of 1 million new subs. Revenue are expected to come in at $7.32 billion, up from $7.16 billion last quarter, and resulting in EPS of $3.36, down slightly from last quarter's $3.75. This, as streaming video remains on a hot streak since the pandemic struck.</p>\n<p>Previewing the quarterly result, Bloomberg Intelligence analysts Geetha Ranganathan and Amine Bensaid cautioned that Netflix’s massive 2020 is leading to more muted subscriber gains this year: \"Netflix will continue to feel the aftereffects of a super-charged 1H20, with a massive pull-forward of demand prompting tempered expectations for 1 million additions in 2Q, its lowest quarterly level since 4Q11. The pull-forward may have also been amplified by price increases and pent-up demand for outdoor entertainment leading to uncertainty in 3Q guidance, though the return of several high-profile titles (‘Witcher,’ ‘Cobra Kai,’ ‘You’ and ‘Money Heist’) will be a clear catalyst for normalizing subscriber gains from 4Q and into 2022.\"</p>\n<p>LightShed Partners media analyst Rich Greenfield published what he sees as the key questions Netflix investors should ask management after its earnings report. Among them are when Netflix’s subscriber growth will normalize, whether India can be a meaningful driver of profitability, and where the company sees opportunities in video games. Greenfield asks: “Is the goal to leverage IP you create for TV/film or create original video game IP that can be leveraged into TV/film production?”</p>\n<p>Another thing to watch out for is how a slowdown in production last year is affecting the service. The filming of new shows and movies basically came to a standstill in early 2020, which curbed output in the following months.</p>\n<p>* * *</p>\n<p><b>So with all that in mind, was <a href=\"https://laohu8.com/S/QTWO\">Q2</a> the quarter that would finally unleash another repricing higher for Netflix stock?</b>Alas, it would again not be this time because despite beating on the top line, and adding more subscribers than expected, the company missed on EPS and<i>again</i>reported another dismal quarterly guidance which came in well below expectations (full letter to shareholders).</p>\n<p><a href=\"https://laohu8.com/S/FBNC\">First</a>, the good news:</p>\n<ul>\n <li>Q2 revenue $7.34B,<i><b>beating</b></i>Est. $7.32B</li>\n <li>Q2 Streaming Paid Net Change +1.54M,<i><b>beating</b></i>Est. +1.12M</li>\n <li>Operating margin of 25.2% came in on top of estiamtes of 25.2%</li>\n</ul>\n<p>And then the bad news:</p>\n<ul>\n <li><b>Q2 EPS $2.97 missing consensus Est. $3.14</b></li>\n <li><b>Company sees Q3 Streaming Paid Net Change +3.50M, far below the Wall Street estimate of +5.86M</b></li>\n</ul>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> as bad,<b>the company reported its first decline in US/Canada paid subscribers, which shrank by 430K to 73.95MM. This was the first time NFLX lost customers domestically since 2019.</b></p>\n<p>In other words, while q2 revenue rose 19% and operating income rose 36%,<b>shares tumbled after its third-quarter subscriber forecast missed estimates.</b></p>\n<p>Here is the full breakdown of Q2 subs which saw a drop in US/Canada paid subs:</p>\n<ul>\n <li><b>UCAN streaming paid net change -430,000, estimate +52,190</b></li>\n <li>EMEA streaming paid net change +190,000, estimate +429,335</li>\n <li>LATAM streaming paid net change +760,000, estimate +128,719</li>\n <li>APAC streaming paid net change +1.02 million, estimate +524,900</li>\n <li><a href=\"https://laohu8.com/S/TSS\">Total</a> Streaming paid net change +1.54 million, estimate +1.12 million (Bloomberg Consensus)</li>\n</ul>\n<p>And visually:</p>\n<p><img src=\"https://static.tigerbbs.com/85f0ab057ffe490df75bde4db70226d4\" tg-width=\"863\" tg-height=\"842\" referrerpolicy=\"no-referrer\">Commenting on the Q2 results, NFLX said that revenue growth was driven by an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership (ARM). “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through.”</p>\n<p>A more detailed breakdown of why the company continues to see \"choppiness\" in its earnings:</p>\n<blockquote>\n <i>\"The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID. In Q2’21, our engagement per member household was, as expected, down vs. those unprecedented levels but was still up 17% compared with a more comparable Q2’19. Similarly, retention continues to be strong and better than pre-COVID Q2’19 levels, even as average revenue per membership has grown 8% over this two-year period, demonstrating how much our members value Netflix and that as we improve our service we can charge a bit more. \"</i>\n</blockquote>\n<p>NFLX also said that it added 1.5m paid memberships in Q2, \"slightly ahead of our 1.0m guidance forecast\"<b>with the APAC region representing about two-thirds of global paid net adds in the quarter</b>. Meanwhile, as noted above,<b>Q2 paid memberships in the UCAN region were down sequentially (-0.4m paid net adds):</b>\"<i>We believe our large membership base in UCAN coupled with a seasonally smaller quarter for acquisition is the main reason for this dynamic. This is similar to what we experienced in Q2’19 when our UCAN paid net adds were -0.1m; since then we’ve added nearly 7.5m paid net adds in UCAN\"</i></p>\n<p>This means that the covid pandemic in 2020 pulled forward so many subs that 2021 is shaping up to be the wirst year since at least 2016.</p>\n<p><img src=\"https://static.tigerbbs.com/b1a78edf8126b85753fd3218713aba96\" tg-width=\"820\" tg-height=\"413\" referrerpolicy=\"no-referrer\">Understandably, now that companies are comping to 2019 not to 2020 (for the dismal base effect), Netflix is urging investors to compare this year to 2019 and not to the same quarter a year ago (when the pandemic boosted subscriber growth). Oddly the company had no problem comparing 2020 to 2019 when the numbers were in its favor, but we digress... The company points out that user engagement per member household was down in the second quarter compared with “those unprecedented levels” of 2020, but it was up 17% “compared with a more comparable Q2’19.”</p>\n<p>Perhaps in an attempt to divert attention from (lack of) subscriber growth, Netflix said it was making good on its promise back in 2016 to steadily grow its operating margin. The streaming giant is targeting a 20% operating margin for 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/6f26d1f9fee9dc38cc58bff5bdc43c73\" tg-width=\"663\" tg-height=\"399\" referrerpolicy=\"no-referrer\">Some more details here:</p>\n<blockquote>\n <i><b>“Assuming we achieve our margin target this year, we will have quintupled our operating margin in the last five years and are tracking ahead of this average annual three percentage point pace..</b></i> \n <i>.. With revenue and margin both increasing, our operating profit dollars have risen dramatically as well (even as we have been investing heavily), from about $100 million per quarter in 2016 to nearly $2 billion per quarter so far in 2021.</i>\n</blockquote>\n<p>But while shareholders may excuse the decline in US subs, they were not happy with the company's overall guidance,<b>where it now sees just 3.5 million new subs in Q3, far below the 5.86 million expected.</b></p>\n<p><img src=\"https://static.tigerbbs.com/23205a0bb2f7fde61b3ef2da7b7a56bb\" tg-width=\"856\" tg-height=\"399\" referrerpolicy=\"no-referrer\">* * *</p>\n<p>Looking at its content slate, Netflix said it would be light in the first half due to Covid. The company is now playing catch-up, with spending on new TV shows and movies up 41% to $8 billion in the first half. The company is targeting $12 billion in content spending for the year, a 12% bump, to wit:</p>\n<blockquote>\n <i><b>Through the first half of 2021 we’ve already spent $8 billion in cash on content (up 41% yr-over-yr and 1.4x our content amortization)</b></i> \n <i>and we expect content amortization to be around $12 billion for the full year (+12% year over year). Our Q3 slate will include new seasons of fan favorites La Casa de Papel (aka Money Heist), Sex Education, Virgin River and Never Have I Ever as well as live action films including Sweet Girl (starring Jason Momoa), Kissing Booth 3, and Kate (starring Mary Elizabeth Winstead) and the animated feature film Vivo, featuring all-new songs from Lin-Manuel Miranda.</i>\n</blockquote>\n<p>Netflix offers shared some more details on its upcoming entrance into the gaming arena:</p>\n<blockquote>\n <i>“We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (e.g., Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV.</i> \n <i><b>Games will be included in members’ Netflix subscription at no additional cost, similar to films and series</b></i> \n <i>. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games.”</i>\n</blockquote>\n<p>In its cursory overview of the competitive landscape, Netflix pointed out mergers like WarnerMedia/<a href=\"https://laohu8.com/S/DISCA\">Discovery</a>, saying they “don’t believe this consolidation has affected our growth much, if at all.” The company also noted that while it’s always evaluating merger opportunities: “We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon.”</p>\n<p>There was more bad news in NFLX cash flow, which after last quarter's surge reversed again, and dropped by $175 million, vs a positive cash flow of $899 million a year ago. NFLX notes that it is \"still expecting full year 2021 free cash flow to be approximately break even.\" The company also believes it no longer needs to raise external financing to fund our day-to-day operations. We'll see if at least that promise pans out.</p>\n<p><img src=\"https://static.tigerbbs.com/4ceb3aed0130e94558eb4acfb4ed6369\" tg-width=\"1022\" tg-height=\"676\" referrerpolicy=\"no-referrer\">In other news, during Q2, NFLX increased its revolving credit facility (which remains undrawn) to $1 billion from $750 million and extended the maturity from 2024 to 2026. The company also repurchased 1 million shares for $500 million (at an average per share price of about $500) under our $5 billion share authorization: the company said its \"main priority is to invest in the organic growth of our business while maintaining strong liquidity and retaining financial flexibility for strategic investments.\"</p>\n<p>After all that, the market was unimpressed but it could have been worse: after initially plunging below $500 briefly, the stock has since stabilized down 2% around $515. Among stocks that are down in sympathy, video-streaming platform Roku falls 1.4%.</p>\n<p><img src=\"https://static.tigerbbs.com/cd7e85e2830bd58f17652f92dedb29b4\" tg-width=\"1280\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Netflix Slides&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/304dae8666ce15371c9686fbd96d32bb\" tg-width=\"704\" tg-height=\"486\" width=\"100%\" height=\"auto\"></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>Netflix Slides After Subscriber Guidance Misses Estimates</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\">\nNetflix Slides After Subscriber Guidance Misses Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 15:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/netflix-slides-after-subscriber-guidance-misses-estimates><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Recent earnings reports from streaming giant Netflix have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/netflix-slides-after-subscriber-guidance-misses-estimates\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞"},"source_url":"https://www.zerohedge.com/markets/netflix-slides-after-subscriber-guidance-misses-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183563723","content_text":"Recent earnings reports from streaming giant Netflix have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that\"growth is slowing\",before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo quarters agowhen Netflix reported a blowout subscriber beat and projected it would soon be cash flow positive, sending its stock soaring to an all time high - if only briefly before again reversing and then tumblinglast quarterwhen Netflix again disappointed when it reported a huge subscriber miss and giving dismal guidance.\nWhich brings us to today, when investors are on edge today to find out not whether the company would beat or miss expectations, but rather if the slowdown CEO Reed Hastings warned about is for real and has pulled forward even more subscribers due to covid? After all, Netflix has been warning for months that growth would slow in 2021 compared to the phenomenal signup rate at the start of the pandemic lockdown last year. And yes, brace for a huge base effect hit:in the second quarter of 2020, the service added 10 million new customers, second only to the 15.77 million it added in the record first quarter of 2020.\nTo be sure, despite a series of hit or miss earnings, the company has been riding a wave of optimism, its stock soaring in early 2021. Still, after hitting to a record high in January, the stock has traded rangbeound, unable to break out to a new high, for the past seven months. And while there’s no doubt that viewership has surged during the Covid-19 lockdowns in the U.S. and much of the world, there are complications: the virus has brought TV and film production to a halt, a situation that may only get more dire for Netflix as the months wear on. But the biggest question remainshow many future subs has covid brought to the present, and tied to that - will the panic over the Delta strain lead to another mini burst in subscribers in the coming quater(s)?\nIndicatively, consensus expects just 1.12 million new subscribers to be added in the second quarter, just above the company's own projection of 1 million new subs. Revenue are expected to come in at $7.32 billion, up from $7.16 billion last quarter, and resulting in EPS of $3.36, down slightly from last quarter's $3.75. This, as streaming video remains on a hot streak since the pandemic struck.\nPreviewing the quarterly result, Bloomberg Intelligence analysts Geetha Ranganathan and Amine Bensaid cautioned that Netflix’s massive 2020 is leading to more muted subscriber gains this year: \"Netflix will continue to feel the aftereffects of a super-charged 1H20, with a massive pull-forward of demand prompting tempered expectations for 1 million additions in 2Q, its lowest quarterly level since 4Q11. The pull-forward may have also been amplified by price increases and pent-up demand for outdoor entertainment leading to uncertainty in 3Q guidance, though the return of several high-profile titles (‘Witcher,’ ‘Cobra Kai,’ ‘You’ and ‘Money Heist’) will be a clear catalyst for normalizing subscriber gains from 4Q and into 2022.\"\nLightShed Partners media analyst Rich Greenfield published what he sees as the key questions Netflix investors should ask management after its earnings report. Among them are when Netflix’s subscriber growth will normalize, whether India can be a meaningful driver of profitability, and where the company sees opportunities in video games. Greenfield asks: “Is the goal to leverage IP you create for TV/film or create original video game IP that can be leveraged into TV/film production?”\nAnother thing to watch out for is how a slowdown in production last year is affecting the service. The filming of new shows and movies basically came to a standstill in early 2020, which curbed output in the following months.\n* * *\nSo with all that in mind, was Q2 the quarter that would finally unleash another repricing higher for Netflix stock?Alas, it would again not be this time because despite beating on the top line, and adding more subscribers than expected, the company missed on EPS andagainreported another dismal quarterly guidance which came in well below expectations (full letter to shareholders).\nFirst, the good news:\n\nQ2 revenue $7.34B,beatingEst. $7.32B\nQ2 Streaming Paid Net Change +1.54M,beatingEst. +1.12M\nOperating margin of 25.2% came in on top of estiamtes of 25.2%\n\nAnd then the bad news:\n\nQ2 EPS $2.97 missing consensus Est. $3.14\nCompany sees Q3 Streaming Paid Net Change +3.50M, far below the Wall Street estimate of +5.86M\n\nJust as bad,the company reported its first decline in US/Canada paid subscribers, which shrank by 430K to 73.95MM. This was the first time NFLX lost customers domestically since 2019.\nIn other words, while q2 revenue rose 19% and operating income rose 36%,shares tumbled after its third-quarter subscriber forecast missed estimates.\nHere is the full breakdown of Q2 subs which saw a drop in US/Canada paid subs:\n\nUCAN streaming paid net change -430,000, estimate +52,190\nEMEA streaming paid net change +190,000, estimate +429,335\nLATAM streaming paid net change +760,000, estimate +128,719\nAPAC streaming paid net change +1.02 million, estimate +524,900\nTotal Streaming paid net change +1.54 million, estimate +1.12 million (Bloomberg Consensus)\n\nAnd visually:\nCommenting on the Q2 results, NFLX said that revenue growth was driven by an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership (ARM). “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through.”\nA more detailed breakdown of why the company continues to see \"choppiness\" in its earnings:\n\n\"The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID. In Q2’21, our engagement per member household was, as expected, down vs. those unprecedented levels but was still up 17% compared with a more comparable Q2’19. Similarly, retention continues to be strong and better than pre-COVID Q2’19 levels, even as average revenue per membership has grown 8% over this two-year period, demonstrating how much our members value Netflix and that as we improve our service we can charge a bit more. \"\n\nNFLX also said that it added 1.5m paid memberships in Q2, \"slightly ahead of our 1.0m guidance forecast\"with the APAC region representing about two-thirds of global paid net adds in the quarter. Meanwhile, as noted above,Q2 paid memberships in the UCAN region were down sequentially (-0.4m paid net adds):\"We believe our large membership base in UCAN coupled with a seasonally smaller quarter for acquisition is the main reason for this dynamic. This is similar to what we experienced in Q2’19 when our UCAN paid net adds were -0.1m; since then we’ve added nearly 7.5m paid net adds in UCAN\"\nThis means that the covid pandemic in 2020 pulled forward so many subs that 2021 is shaping up to be the wirst year since at least 2016.\nUnderstandably, now that companies are comping to 2019 not to 2020 (for the dismal base effect), Netflix is urging investors to compare this year to 2019 and not to the same quarter a year ago (when the pandemic boosted subscriber growth). Oddly the company had no problem comparing 2020 to 2019 when the numbers were in its favor, but we digress... The company points out that user engagement per member household was down in the second quarter compared with “those unprecedented levels” of 2020, but it was up 17% “compared with a more comparable Q2’19.”\nPerhaps in an attempt to divert attention from (lack of) subscriber growth, Netflix said it was making good on its promise back in 2016 to steadily grow its operating margin. The streaming giant is targeting a 20% operating margin for 2021.\nSome more details here:\n\n“Assuming we achieve our margin target this year, we will have quintupled our operating margin in the last five years and are tracking ahead of this average annual three percentage point pace..\n.. With revenue and margin both increasing, our operating profit dollars have risen dramatically as well (even as we have been investing heavily), from about $100 million per quarter in 2016 to nearly $2 billion per quarter so far in 2021.\n\nBut while shareholders may excuse the decline in US subs, they were not happy with the company's overall guidance,where it now sees just 3.5 million new subs in Q3, far below the 5.86 million expected.\n* * *\nLooking at its content slate, Netflix said it would be light in the first half due to Covid. The company is now playing catch-up, with spending on new TV shows and movies up 41% to $8 billion in the first half. The company is targeting $12 billion in content spending for the year, a 12% bump, to wit:\n\nThrough the first half of 2021 we’ve already spent $8 billion in cash on content (up 41% yr-over-yr and 1.4x our content amortization)\nand we expect content amortization to be around $12 billion for the full year (+12% year over year). Our Q3 slate will include new seasons of fan favorites La Casa de Papel (aka Money Heist), Sex Education, Virgin River and Never Have I Ever as well as live action films including Sweet Girl (starring Jason Momoa), Kissing Booth 3, and Kate (starring Mary Elizabeth Winstead) and the animated feature film Vivo, featuring all-new songs from Lin-Manuel Miranda.\n\nNetflix offers shared some more details on its upcoming entrance into the gaming arena:\n\n“We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (e.g., Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV.\nGames will be included in members’ Netflix subscription at no additional cost, similar to films and series\n. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games.”\n\nIn its cursory overview of the competitive landscape, Netflix pointed out mergers like WarnerMedia/Discovery, saying they “don’t believe this consolidation has affected our growth much, if at all.” The company also noted that while it’s always evaluating merger opportunities: “We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon.”\nThere was more bad news in NFLX cash flow, which after last quarter's surge reversed again, and dropped by $175 million, vs a positive cash flow of $899 million a year ago. NFLX notes that it is \"still expecting full year 2021 free cash flow to be approximately break even.\" The company also believes it no longer needs to raise external financing to fund our day-to-day operations. We'll see if at least that promise pans out.\nIn other news, during Q2, NFLX increased its revolving credit facility (which remains undrawn) to $1 billion from $750 million and extended the maturity from 2024 to 2026. The company also repurchased 1 million shares for $500 million (at an average per share price of about $500) under our $5 billion share authorization: the company said its \"main priority is to invest in the organic growth of our business while maintaining strong liquidity and retaining financial flexibility for strategic investments.\"\nAfter all that, the market was unimpressed but it could have been worse: after initially plunging below $500 briefly, the stock has since stabilized down 2% around $515. Among stocks that are down in sympathy, video-streaming platform Roku falls 1.4%.\nNetflix Slides in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179754411,"gmtCreate":1626580374133,"gmtModify":1703761991870,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179754411","repostId":"2152689797","repostType":4,"repost":{"id":"2152689797","pubTimestamp":1626525420,"share":"https://ttm.financial/m/news/2152689797?lang=&edition=fundamental","pubTime":"2021-07-17 20:37","market":"us","language":"en","title":"Is This Apple Supplier a Buy Before Its Next Earnings Report?","url":"https://stock-news.laohu8.com/highlight/detail?id=2152689797","media":"Motley Fool","summary":"An attractive valuation and solid prospects make this chipmaker an enticing bet right now.","content":"<p><b>Skyworks Solutions</b> (NASDAQ:SWKS) didn't get much love from investors at the end of April despite delivering a solid set of earnings results that cleared Wall Street's expectations. Share prices of the chipmaker fell substantially after its Q2 earnings report nearly three months ago, but they have regained their mojo since then.</p>\n<p>Thanks to the recent surge, Skyworks stock price finished the first half of 2021 with respectable gains of 26%. The company will release its fiscal third-quarter results on July&nbsp;29, which could act as a catalyst for the stock and send it even higher in the second half of the year and beyond. Let's see what's expected of Skyworks and why it may be a good idea to buy the stock before its upcoming earnings report.</p>\n<p><img src=\"https://static.tigerbbs.com/dab7e954283ee07bd99cb9210cdf6a91\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<h2>Skyworks Solutions' stellar growth should continue in Q3</h2>\n<p>Skyworks Solutions' revenue shot up 61% year over year in the first six months of fiscal 2021 to $2.68 billion, while non-GAAP net income increased 84% over the prior-year period to $955.7 million. For the third quarter, the chipmaker expects year-over-year revenue growth of 49% to $1.1 billion at the midpoint of its guidance range. Adjusted earnings are forecast to jump 70% year over year to $2.13 per share.</p>\n<p>Skyworks' impressive Q3 guidance was based on the robust demand trends in mobile and the broader wireless connectivity market. The mobile business, which made up two-thirds of Skyworks' Q2 revenue, has been supercharged by the arrival of 5G smartphones. The chipmaker's relationship with <b>Apple</b> (NASDAQ:AAPL) has played a key role in this regard, as the iPhone maker accounted for 56%&nbsp;of Skyworks' total revenue in fiscal 2020.</p>\n<p>Skyworks is a key supplier of wireless components&nbsp;for the iPhone 12. Each unit of the device reportedly contains as many as eight chips from Skyworks, according to a teardown of the phone. Not surprisingly, the success of Apple's latest 5G smartphones has rubbed off on the chipmaker.</p>\n<p>Apple's iPhone 12 builds in the June quarter, which coincides with Skyworks' fiscal Q3, are expected to increase 26% over the prior-year period to 44 million units, according to Cowen. It is worth noting that Cowen's estimate of 57 million iPhone units shipping in the first quarter of 2021 was pretty accurate. Although Apple has stopped officially reporting the total, outsider estimates suggest the estimate was spot on.</p>\n<p>Volume growth at Skyworks' largest customer should ensure that it meets the ambitious revenue and earnings growth targets for Q3, especially considering that 5G devices are carrying more wireless content than their 4G predecessors.</p>\n<p>Additionally, Skyworks' broad markets portfolio, which relies on the Internet of Things (IoT) market for growth, has secured design wins across various verticals. Broad markets revenue had shot up 67% year over year in Q2 to $385 million as demand for wireless connectivity beyond smartphones increased.</p>\n<p>So Skyworks is sitting on two impressive growth drivers that could ensure the continuation of its momentum. The good news is that its catalysts could get better in the second half of the year and beyond.</p>\n<h2>Better times lie ahead as 5G gains momentum</h2>\n<p>End-market developments indicate that Skyworks' guidance could be much better than Wall Street estimates. Analysts expect&nbsp;the chipmaker's revenue to increase 27.6% year over year to $1.22 billion in the fiscal fourth quarter. But explosive smartphone demand for Apple's iPhone could help Skyworks easily clear those expectations.</p>\n<p>According to supply chain estimates, Apple is expected to increase&nbsp;the initial production of this year's rumored iPhone 13 models to 90 million units, up from the iPhone 12's 75 million units. With the launch of this year's iPhones just a couple of months&nbsp;away, production is reportedly in full swing, and probably ahead of schedule (as supply chain gossip suggests).</p>\n<p>Even better, Apple seems set for multiyear growth in the 5G era, as more than 80% of its installed base is running non-5G iPhones. All told, the bright prospects of Skyworks' biggest customer bode well for the chipmaker both in the short and in the long run.</p>\n<p>More importantly, Skyworks' 5G opportunity isn't restricted to just Apple. It counts&nbsp;the likes of Samsung, Oppo, Vivo, and <b>Xiaomi</b> as customers, which means that the top five 5G smartphone vendors (including Apple) use Skyworks' chips in their devices. This is great news for Skyworks investors, as the global 5G smartphone market is anticipated to clock 124% annual growth through 2025, according to third-party estimates. The market's secular growth should pave the way for tremendous growth in the company's mobile business.</p>\n<p>Given these tailwinds, it is not surprising to see analysts expecting&nbsp;Skyworks' earnings to grow at an annual rate of nearly 17% for the next five years, up from the single-digit growth it has recorded in the past five. Additionally, the stock is trading at just 26 times trailing earnings versus the <b>Nasdaq 100</b>'s price-to-earnings ratio of&nbsp;38.25 (of which Skyworks is a part).</p>\n<p>So investors looking to add a 5G stock to their portfolios should keep Skyworks Solutions within their sights because it offers a mix of value and growth. But it may not be available for cheap for long, as a strong earnings report could send the stock higher.</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>Is This Apple Supplier a Buy Before Its Next Earnings Report?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs This Apple Supplier a Buy Before Its Next Earnings Report?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/17/apple-supplier-buy-before-next-earnings-skyworks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Skyworks Solutions (NASDAQ:SWKS) didn't get much love from investors at the end of April despite delivering a solid set of earnings results that cleared Wall Street's expectations. Share prices of the...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/17/apple-supplier-buy-before-next-earnings-skyworks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/07/17/apple-supplier-buy-before-next-earnings-skyworks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152689797","content_text":"Skyworks Solutions (NASDAQ:SWKS) didn't get much love from investors at the end of April despite delivering a solid set of earnings results that cleared Wall Street's expectations. Share prices of the chipmaker fell substantially after its Q2 earnings report nearly three months ago, but they have regained their mojo since then.\nThanks to the recent surge, Skyworks stock price finished the first half of 2021 with respectable gains of 26%. The company will release its fiscal third-quarter results on July 29, which could act as a catalyst for the stock and send it even higher in the second half of the year and beyond. Let's see what's expected of Skyworks and why it may be a good idea to buy the stock before its upcoming earnings report.\n\nSkyworks Solutions' stellar growth should continue in Q3\nSkyworks Solutions' revenue shot up 61% year over year in the first six months of fiscal 2021 to $2.68 billion, while non-GAAP net income increased 84% over the prior-year period to $955.7 million. For the third quarter, the chipmaker expects year-over-year revenue growth of 49% to $1.1 billion at the midpoint of its guidance range. Adjusted earnings are forecast to jump 70% year over year to $2.13 per share.\nSkyworks' impressive Q3 guidance was based on the robust demand trends in mobile and the broader wireless connectivity market. The mobile business, which made up two-thirds of Skyworks' Q2 revenue, has been supercharged by the arrival of 5G smartphones. The chipmaker's relationship with Apple (NASDAQ:AAPL) has played a key role in this regard, as the iPhone maker accounted for 56% of Skyworks' total revenue in fiscal 2020.\nSkyworks is a key supplier of wireless components for the iPhone 12. Each unit of the device reportedly contains as many as eight chips from Skyworks, according to a teardown of the phone. Not surprisingly, the success of Apple's latest 5G smartphones has rubbed off on the chipmaker.\nApple's iPhone 12 builds in the June quarter, which coincides with Skyworks' fiscal Q3, are expected to increase 26% over the prior-year period to 44 million units, according to Cowen. It is worth noting that Cowen's estimate of 57 million iPhone units shipping in the first quarter of 2021 was pretty accurate. Although Apple has stopped officially reporting the total, outsider estimates suggest the estimate was spot on.\nVolume growth at Skyworks' largest customer should ensure that it meets the ambitious revenue and earnings growth targets for Q3, especially considering that 5G devices are carrying more wireless content than their 4G predecessors.\nAdditionally, Skyworks' broad markets portfolio, which relies on the Internet of Things (IoT) market for growth, has secured design wins across various verticals. Broad markets revenue had shot up 67% year over year in Q2 to $385 million as demand for wireless connectivity beyond smartphones increased.\nSo Skyworks is sitting on two impressive growth drivers that could ensure the continuation of its momentum. The good news is that its catalysts could get better in the second half of the year and beyond.\nBetter times lie ahead as 5G gains momentum\nEnd-market developments indicate that Skyworks' guidance could be much better than Wall Street estimates. Analysts expect the chipmaker's revenue to increase 27.6% year over year to $1.22 billion in the fiscal fourth quarter. But explosive smartphone demand for Apple's iPhone could help Skyworks easily clear those expectations.\nAccording to supply chain estimates, Apple is expected to increase the initial production of this year's rumored iPhone 13 models to 90 million units, up from the iPhone 12's 75 million units. With the launch of this year's iPhones just a couple of months away, production is reportedly in full swing, and probably ahead of schedule (as supply chain gossip suggests).\nEven better, Apple seems set for multiyear growth in the 5G era, as more than 80% of its installed base is running non-5G iPhones. All told, the bright prospects of Skyworks' biggest customer bode well for the chipmaker both in the short and in the long run.\nMore importantly, Skyworks' 5G opportunity isn't restricted to just Apple. It counts the likes of Samsung, Oppo, Vivo, and Xiaomi as customers, which means that the top five 5G smartphone vendors (including Apple) use Skyworks' chips in their devices. This is great news for Skyworks investors, as the global 5G smartphone market is anticipated to clock 124% annual growth through 2025, according to third-party estimates. The market's secular growth should pave the way for tremendous growth in the company's mobile business.\nGiven these tailwinds, it is not surprising to see analysts expecting Skyworks' earnings to grow at an annual rate of nearly 17% for the next five years, up from the single-digit growth it has recorded in the past five. Additionally, the stock is trading at just 26 times trailing earnings versus the Nasdaq 100's price-to-earnings ratio of 38.25 (of which Skyworks is a part).\nSo investors looking to add a 5G stock to their portfolios should keep Skyworks Solutions within their sights because it offers a mix of value and growth. But it may not be available for cheap for long, as a strong earnings report could send the stock higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832087477,"gmtCreate":1629542598499,"gmtModify":1676530068411,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832087477","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","pubTimestamp":1629728324,"share":"https://ttm.financial/m/news/1151608193?lang=&edition=fundamental","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</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>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</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\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?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":{"ASML":"阿斯麦","AAPL":"苹果","TSM":"台积电","QCOM":"高通","AMZN":"亚马逊","GOOG":"谷歌","ON":"安森美半导体","SSNLF":"三星电子","SNPS":"新思科技","GOOGL":"谷歌A","NVDA":"英伟达","SOXX":"iShares费城交易所半导体ETF","CDNS":"铿腾电子"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895769338,"gmtCreate":1628774227324,"gmtModify":1676529849670,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Pls continue to fly","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Pls continue to fly","text":"$Palantir Technologies Inc.(PLTR)$Pls continue to fly","images":[{"img":"https://static.tigerbbs.com/9addccfcd3c68161aa18508401facc00","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895769338","isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":350151577,"gmtCreate":1616168668199,"gmtModify":1704791868722,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>upppp","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>upppp","text":"$Palantir Technologies Inc.(PLTR)$upppp","images":[{"img":"https://static.tigerbbs.com/cada7dc6eaacfa416d69641b3fb136a2","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/350151577","isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":835112141,"gmtCreate":1629693050383,"gmtModify":1676530101884,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"Like thanks&nbsp;","listText":"Like thanks&nbsp;","text":"Like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835112141","repostId":"2161742695","repostType":4,"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831858293,"gmtCreate":1629302659612,"gmtModify":1676529998304,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Good job &amp; pls continue&nbsp;","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Good job &amp; pls continue&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$Good job & pls continue","images":[{"img":"https://static.tigerbbs.com/3ab639962e0faa51e68369f4b50d60c2","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/831858293","isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":830956032,"gmtCreate":1629003596126,"gmtModify":1676529909009,"author":{"id":"3562062601910364","authorId":"3562062601910364","authorIdStr":"3562062601910364","name":"TMK1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562062601910364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Flyy","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Flyy","text":"$Palantir Technologies Inc.(PLTR)$Flyy","images":[{"img":"https://static.tigerbbs.com/f7218a97d58e142a577c1a2a8fcdaea1","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/830956032","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}