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2021-09-23

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BlackBerry jumped over 6% in premarket trading

2021-09-23

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2021-09-23

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2021-09-23

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2021-09-22

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Why Morgan Stanley is starting to see ‘fire and ice’ and a bear-market drop as ‘more likely’ for stock-market investors

2021-09-22

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2021-09-22

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2021-09-21

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GE Expected To Ink $2B Deal With Vietnam's Bamboo Airways For Dreamliner Engines Today

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2021-09-21

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What Are They Hiding? Institutions Are Trading A Ton Of AMC Entertainment Stock On The Dark Pool

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Bitcoin Drops Below $45,000. Evergrande Contagion Fears Hit Cryptocurrencies

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2021-09-19

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2021-09-17

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Sea Limited: It's All About Expectations And Discount Rate

2021-09-15

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2021-09-14

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2021-09-14

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2021-09-13

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Qell Acquisition Shareholders Approve Lilium SPAC Merger

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Funds Go Green, but Sometimes in Name Only

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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632384397,"share":"https://ttm.financial/m/news/1145961201?lang=&edition=fundamental","pubTime":"2021-09-23 16:06","market":"us","language":"en","title":"BlackBerry jumped over 6% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1145961201","media":"Tiger Newspress","summary":"(Sept 23) BlackBerry jumped over 6% in premarket trading. BlackBerry EPS beats by $0.01, beats on re","content":"<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/BB\">BlackBerry</a> jumped over 6% in premarket trading.&nbsp;<a href=\"https://laohu8.com/S/BB\">BlackBerry</a> EPS beats by $0.01, beats on revenue.</p>\n<p><img src=\"https://static.tigerbbs.com/d28b69e5d1b1519e607d1a6677c5fa40\" tg-width=\"960\" tg-height=\"570\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>BlackBerry: Q2 Non-GAAP EPS of -$0.06beats by $0.01; GAAP EPS of -$0.25misses by $0.12.</li>\n <li>Revenue of $175M (-32.4% Y/Y)beats by $10.72M.</li>\n <li>Non-GAAP gross margin was&nbsp;64.6% vs. 77.2% Y/Y, consensus of&nbsp;&nbsp;64.8%.</li>\n <li><a href=\"https://laohu8.com/S/TSS\">Total</a> cash, cash equivalents, short-term and long-term investments were $772 million.</li>\n <li>\"Revenue for all businesses beat expectations this quarter.&nbsp; The Cyber Security business unit delivered robust sequential billings and revenue growth and the IoT business unit performed well in the face of global chip shortage pressures,\" said&nbsp;John Chen, Executive Chairman &amp; CEO.</li>\n</ul>\n<p><b>Outlook:</b>BlackBerry will provide fiscal year 2022 outlook in connection with the quarterly earnings announcement on its earningsconference call.</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>BlackBerry jumped over 6% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackBerry jumped over 6% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-23 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/BB\">BlackBerry</a> jumped over 6% in premarket trading.&nbsp;<a href=\"https://laohu8.com/S/BB\">BlackBerry</a> EPS beats by $0.01, beats on revenue.</p>\n<p><img src=\"https://static.tigerbbs.com/d28b69e5d1b1519e607d1a6677c5fa40\" tg-width=\"960\" tg-height=\"570\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>BlackBerry: Q2 Non-GAAP EPS of -$0.06beats by $0.01; GAAP EPS of -$0.25misses by $0.12.</li>\n <li>Revenue of $175M (-32.4% Y/Y)beats by $10.72M.</li>\n <li>Non-GAAP gross margin was&nbsp;64.6% vs. 77.2% Y/Y, consensus of&nbsp;&nbsp;64.8%.</li>\n <li><a href=\"https://laohu8.com/S/TSS\">Total</a> cash, cash equivalents, short-term and long-term investments were $772 million.</li>\n <li>\"Revenue for all businesses beat expectations this quarter.&nbsp; The Cyber Security business unit delivered robust sequential billings and revenue growth and the IoT business unit performed well in the face of global chip shortage pressures,\" said&nbsp;John Chen, Executive Chairman &amp; CEO.</li>\n</ul>\n<p><b>Outlook:</b>BlackBerry will provide fiscal year 2022 outlook in connection with the quarterly earnings announcement on its earningsconference call.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145961201","content_text":"(Sept 23) BlackBerry jumped over 6% in premarket trading. BlackBerry EPS beats by $0.01, beats on revenue.\n\n\nBlackBerry: Q2 Non-GAAP EPS of -$0.06beats by $0.01; GAAP EPS of -$0.25misses by $0.12.\nRevenue of $175M (-32.4% Y/Y)beats by $10.72M.\nNon-GAAP gross margin was 64.6% vs. 77.2% Y/Y, consensus of  64.8%.\nTotal cash, cash equivalents, short-term and long-term investments were $772 million.\n\"Revenue for all businesses beat expectations this quarter.  The Cyber Security business unit delivered robust sequential billings and revenue growth and the IoT business unit performed well in the face of global chip shortage pressures,\" said John Chen, Executive Chairman & CEO.\n\nOutlook:BlackBerry will provide fiscal year 2022 outlook in connection with the quarterly earnings announcement on its earningsconference call.","news_type":1,"symbols_score_info":{"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":2969,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863676083,"gmtCreate":1632391472042,"gmtModify":1676530770782,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863676083","repostId":"2169661565","repostType":4,"isVote":1,"tweetType":1,"viewCount":1911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863678236,"gmtCreate":1632391416025,"gmtModify":1676530770773,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863678236","repostId":"2169566661","repostType":4,"isVote":1,"tweetType":1,"viewCount":2353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863678372,"gmtCreate":1632391379096,"gmtModify":1676530770757,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????????","listText":"????????","text":"????????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863678372","repostId":"2169666103","repostType":4,"isVote":1,"tweetType":1,"viewCount":2934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869585787,"gmtCreate":1632304159049,"gmtModify":1676530747661,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869585787","repostId":"1118101852","repostType":4,"repost":{"id":"1118101852","kind":"news","pubTimestamp":1632302285,"share":"https://ttm.financial/m/news/1118101852?lang=&edition=fundamental","pubTime":"2021-09-22 17:18","market":"us","language":"en","title":"Why Morgan Stanley is starting to see ‘fire and ice’ and a bear-market drop as ‘more likely’ for stock-market investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1118101852","media":"MarketWatch","summary":"Morgan Stanley’s Michael Wilson sees the bull market ending in fire, though it could end in ice.\nInv","content":"<p>Morgan Stanley’s Michael Wilson sees the bull market ending in fire, though it could end in ice.</p>\n<p>Invoking the imagery from the Robert Frost poem “Fire &amp; Ice,” the Morgan Stanley strategist said that he sees earnings revisions from American corporations “and higher frequency macro data” pointing to a decelerating economy, “amid demand pull forward, supply chain issues and margin pressure,” which he forecasts could lead to a 20% drop, a near-term outcome that he describes as “ice” for investors, in a research note dated Sept. 20.</p>\n<p>Wilson wrote that he is starting to see a 20% fall as a “more likely” outcome for equity markets. However, during an interview on CNBC on Tuesday, the strategist maintained that 10% is still his “base case” scenario and held his forecast for the S&amp;P 500 index to end the year around 4,000.</p>\n<p>A fall of at least 20% from a recent peak is a widely accepted definition of a bear market, while a drop of 10% defines a correction.</p>\n<p>His “fire” scenario, which he speculates would lead to a 10% slide for the market, would be precipitated by the Federal Reserve initiating its efforts to “remove monetary accommodation in response to an overheating economy.”</p>\n<p>The Fed will conclude its September meeting on Wednesday, and release an updated policy statement and a new set of projections for interest rates, including 2024 for the first time.</p>\n<p>The equity market already has been under selling pressure for several sessions before Monday’s slump which was partially attributed to concerns about possible global systemic risk resulting from a potential debt default by one of China’s biggest property developers: Evergrande 3333, -0.44%.</p>\n<p>On Monday, the S&amp;P 500 SPX, -0.08% and the Nasdaq Composite COMP, +0.22% notched the worst daily declines since May 12 and the Dow Jones Industrial Average DJIA, -0.15% registered the sharpest one-day fall since July 19.</p>\n<p>The S&amp;P 500 hasn’t seen a 5% pullback from its peak in about 220 sessions, the longest run since 2016, when the market went 404 sessions without falling by at least 5% peak to trough, according to Dow Jones Market Data.</p>\n<p>Monday’s fall has the index about 4% from its Sept. 2 record close, while the Dow is off 4.65% from its Aug. 16 record and the Nasdaq Composite is down 4.3% from its Sept. 7 recent peak.</p>\n<p>Wilson said that the break of the S&amp;P 500 below its 50-day moving average, which occurred on Friday and then deepened on Monday, represents a change of trend for investors.</p>\n<p>“Well, I think the trend broke, so we did eventually” take out “the 50-day moving average…and it broke violently yesterday … and I think you gotta pay attention to that, Wilson said in his CNBC interview.</p>\n<p>“I respect the market and I would suggest other people respect the market… and what that’s saying is that that trend was challenged,” Wilson said.</p>\n<p>“I’m comfortable with our call,” he said, pooh-poohing criticism that investors have consistently bought the dip in this euphoric, pandemic-recovery cycle.</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>Why Morgan Stanley is starting to see ‘fire and ice’ and a bear-market drop as ‘more likely’ for stock-market investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Morgan Stanley is starting to see ‘fire and ice’ and a bear-market drop as ‘more likely’ for stock-market investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-22 17:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-morgan-stanleys-is-starting-to-see-fire-and-ice-and-a-bear-market-drop-as-more-likely-for-stock-market-investors-11632249935?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Morgan Stanley’s Michael Wilson sees the bull market ending in fire, though it could end in ice.\nInvoking the imagery from the Robert Frost poem “Fire & Ice,” the Morgan Stanley strategist said that ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-morgan-stanleys-is-starting-to-see-fire-and-ice-and-a-bear-market-drop-as-more-likely-for-stock-market-investors-11632249935?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":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/why-morgan-stanleys-is-starting-to-see-fire-and-ice-and-a-bear-market-drop-as-more-likely-for-stock-market-investors-11632249935?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118101852","content_text":"Morgan Stanley’s Michael Wilson sees the bull market ending in fire, though it could end in ice.\nInvoking the imagery from the Robert Frost poem “Fire & Ice,” the Morgan Stanley strategist said that he sees earnings revisions from American corporations “and higher frequency macro data” pointing to a decelerating economy, “amid demand pull forward, supply chain issues and margin pressure,” which he forecasts could lead to a 20% drop, a near-term outcome that he describes as “ice” for investors, in a research note dated Sept. 20.\nWilson wrote that he is starting to see a 20% fall as a “more likely” outcome for equity markets. However, during an interview on CNBC on Tuesday, the strategist maintained that 10% is still his “base case” scenario and held his forecast for the S&P 500 index to end the year around 4,000.\nA fall of at least 20% from a recent peak is a widely accepted definition of a bear market, while a drop of 10% defines a correction.\nHis “fire” scenario, which he speculates would lead to a 10% slide for the market, would be precipitated by the Federal Reserve initiating its efforts to “remove monetary accommodation in response to an overheating economy.”\nThe Fed will conclude its September meeting on Wednesday, and release an updated policy statement and a new set of projections for interest rates, including 2024 for the first time.\nThe equity market already has been under selling pressure for several sessions before Monday’s slump which was partially attributed to concerns about possible global systemic risk resulting from a potential debt default by one of China’s biggest property developers: Evergrande 3333, -0.44%.\nOn Monday, the S&P 500 SPX, -0.08% and the Nasdaq Composite COMP, +0.22% notched the worst daily declines since May 12 and the Dow Jones Industrial Average DJIA, -0.15% registered the sharpest one-day fall since July 19.\nThe S&P 500 hasn’t seen a 5% pullback from its peak in about 220 sessions, the longest run since 2016, when the market went 404 sessions without falling by at least 5% peak to trough, according to Dow Jones Market Data.\nMonday’s fall has the index about 4% from its Sept. 2 record close, while the Dow is off 4.65% from its Aug. 16 record and the Nasdaq Composite is down 4.3% from its Sept. 7 recent peak.\nWilson said that the break of the S&P 500 below its 50-day moving average, which occurred on Friday and then deepened on Monday, represents a change of trend for investors.\n“Well, I think the trend broke, so we did eventually” take out “the 50-day moving average…and it broke violently yesterday … and I think you gotta pay attention to that, Wilson said in his CNBC interview.\n“I respect the market and I would suggest other people respect the market… and what that’s saying is that that trend was challenged,” Wilson said.\n“I’m comfortable with our call,” he said, pooh-poohing criticism that investors have consistently bought the dip in this euphoric, pandemic-recovery cycle.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869585588,"gmtCreate":1632304141744,"gmtModify":1676530747660,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????????","listText":"????????","text":"????????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869585588","repostId":"1193827174","repostType":4,"isVote":1,"tweetType":1,"viewCount":1417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869585298,"gmtCreate":1632304123914,"gmtModify":1676530747653,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??????","listText":"??????","text":"??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869585298","repostId":"1146187405","repostType":4,"isVote":1,"tweetType":1,"viewCount":1856,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860742159,"gmtCreate":1632220127771,"gmtModify":1676530727538,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860742159","repostId":"1143662141","repostType":4,"repost":{"id":"1143662141","kind":"news","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":1632215135,"share":"https://ttm.financial/m/news/1143662141?lang=&edition=fundamental","pubTime":"2021-09-21 17:05","market":"us","language":"en","title":"GE Expected To Ink $2B Deal With Vietnam's Bamboo Airways For Dreamliner Engines Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1143662141","media":"Benzinga","summary":"General Electric Co and Vietnam’s leisure airline BambooAirways are set to sign a $2 billion deal on","content":"<p><b><a href=\"https://laohu8.com/S/GE\">General Electric Co</a></b> and Vietnam’s leisure airline&nbsp;<b>BambooAirways</b>&nbsp;are set&nbsp;to sign a $2 billion deal on Tuesday, Reuters&nbsp;reported&nbsp;citing the airline.</p>\n<p><b>What Happened:</b>&nbsp;As part of the deal, the Vietnamese airline would buy GEnx engines to power the&nbsp;<b><a href=\"https://laohu8.com/S/BA\">Boeing</a> Co’s</b>&nbsp;787-9 Dreamliner aircraft.</p>\n<p>The GEnx engines would be delivered in 2022 and used on the airline's wide-body Dreamliner fleet, under the terms of the deal, Reuters reported. The airline plans to fly the fleet non-stop between Vietnam and the <a href=\"https://laohu8.com/S/UBNK\">United</a> States.</p>\n<p>The deal will be signed in the <a href=\"https://laohu8.com/S/UBCP\">United</a> States later on Tuesday in the presence of Vietnam President&nbsp;<b>Nguyễn Xuân Phúc</b>, the report noted.</p>\n<p><b>Why It Matters:</b>&nbsp;The deal will help improve Vietnam's connectivity to mid and long-range markets, Bamboo Airways said in a statement.</p>\n<p>The development follows Boeing’s decision to open its first office in Hanoi earlier this year, indicating the growing importance of the region to the planemaker.</p>\n<p>As per the report, Bamboo Airways will open a representative office in the United States.</p>\n<p><b>Price Action:</b>&nbsp;Boeing shares closed 1.81% lower at $209.50 on Monday.</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>GE Expected To Ink $2B Deal With Vietnam's Bamboo Airways For Dreamliner Engines Today</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\">\nGE Expected To Ink $2B Deal With Vietnam's Bamboo Airways For Dreamliner Engines Today\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\">2021-09-21 17:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/GE\">General Electric Co</a></b> and Vietnam’s leisure airline&nbsp;<b>BambooAirways</b>&nbsp;are set&nbsp;to sign a $2 billion deal on Tuesday, Reuters&nbsp;reported&nbsp;citing the airline.</p>\n<p><b>What Happened:</b>&nbsp;As part of the deal, the Vietnamese airline would buy GEnx engines to power the&nbsp;<b><a href=\"https://laohu8.com/S/BA\">Boeing</a> Co’s</b>&nbsp;787-9 Dreamliner aircraft.</p>\n<p>The GEnx engines would be delivered in 2022 and used on the airline's wide-body Dreamliner fleet, under the terms of the deal, Reuters reported. The airline plans to fly the fleet non-stop between Vietnam and the <a href=\"https://laohu8.com/S/UBNK\">United</a> States.</p>\n<p>The deal will be signed in the <a href=\"https://laohu8.com/S/UBCP\">United</a> States later on Tuesday in the presence of Vietnam President&nbsp;<b>Nguyễn Xuân Phúc</b>, the report noted.</p>\n<p><b>Why It Matters:</b>&nbsp;The deal will help improve Vietnam's connectivity to mid and long-range markets, Bamboo Airways said in a statement.</p>\n<p>The development follows Boeing’s decision to open its first office in Hanoi earlier this year, indicating the growing importance of the region to the planemaker.</p>\n<p>As per the report, Bamboo Airways will open a representative office in the United States.</p>\n<p><b>Price Action:</b>&nbsp;Boeing shares closed 1.81% lower at $209.50 on Monday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBCP":"联合合众银行","BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143662141","content_text":"General Electric Co and Vietnam’s leisure airline BambooAirways are set to sign a $2 billion deal on Tuesday, Reuters reported citing the airline.\nWhat Happened: As part of the deal, the Vietnamese airline would buy GEnx engines to power the Boeing Co’s 787-9 Dreamliner aircraft.\nThe GEnx engines would be delivered in 2022 and used on the airline's wide-body Dreamliner fleet, under the terms of the deal, Reuters reported. The airline plans to fly the fleet non-stop between Vietnam and the United States.\nThe deal will be signed in the United States later on Tuesday in the presence of Vietnam President Nguyễn Xuân Phúc, the report noted.\nWhy It Matters: The deal will help improve Vietnam's connectivity to mid and long-range markets, Bamboo Airways said in a statement.\nThe development follows Boeing’s decision to open its first office in Hanoi earlier this year, indicating the growing importance of the region to the planemaker.\nAs per the report, Bamboo Airways will open a representative office in the United States.\nPrice Action: Boeing shares closed 1.81% lower at $209.50 on Monday.","news_type":1,"symbols_score_info":{"UBNK":0.9,"BA":0.9,"UBCP":0.9}},"isVote":1,"tweetType":1,"viewCount":3447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860746754,"gmtCreate":1632220101578,"gmtModify":1676530727523,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/860746754","repostId":"1178869256","repostType":4,"isVote":1,"tweetType":1,"viewCount":3025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860746261,"gmtCreate":1632220083653,"gmtModify":1676530727530,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860746261","repostId":"1193539787","repostType":4,"repost":{"id":"1193539787","kind":"news","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":1632216266,"share":"https://ttm.financial/m/news/1193539787?lang=&edition=fundamental","pubTime":"2021-09-21 17:24","market":"us","language":"en","title":"What Are They Hiding? Institutions Are Trading A Ton Of AMC Entertainment Stock On The Dark Pool","url":"https://stock-news.laohu8.com/highlight/detail?id=1193539787","media":"Benzinga","summary":"AMC continue falling, it tumbled 6% in morning trading.$AMC Entertainment$ Holdings Inc shares are trading lower Monday amid overall market weakness as stocks across sectors fall on COVID-19 pandemic concerns and issues in $China$.$Investors$ might be interested in the fact that about 60% of the volume for the last 30 days has been traded by institutions over the dark pool, compared to 40% on lit markets, and with only 8% of that 40% being traded on the NYSE. According to Finviz.com, the percent","content":"<p><i><b>(Update: Sept 21, 2021 at 11:06 a.m. ET)</b></i></p>\n<p>AMC continue falling, it tumbled 6% in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e5a4735e4fb38452536fcc77fc95ccc1\" tg-width=\"1185\" tg-height=\"582\" width=\"100%\" height=\"auto\"></p>\n<p><b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc</b>&nbsp;shares are trading lower Monday amid overall market weakness as stocks across sectors fall on COVID-19 pandemic&nbsp;concerns and issues in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> might be interested in the fact that about 60% of the volume for the last 30 days has been&nbsp;traded&nbsp;by institutions over the dark pool, compared to 40% on lit markets, and with only 8% of that 40% being traded on the NYSE.&nbsp;According to Finviz.com, the percentage of shorts still in the stock is more than&nbsp;20%, with a float of 448 million putting the amount of shorted shares at over 90 million.</p>\n<p>AMC was down 8.85% at $40.29&nbsp;on Monday at market close.</p>\n<p><b>AMC Daily Chart</b>&nbsp;<b>Analysis</b></p>\n<ul>\n <li>The stock looks to be attempting to bounce off support in what technical traders call a pennant pattern.</li>\n <li>The stock saw a push higher and now is consolidating between narrowing highs and lows. It may continue to trade within the pattern of support and resistance until the stock sees an above-average volume day and can break out.</li>\n <li>The stock trades above both the 50-day moving average (green)&nbsp;and the 200-day moving average (blue), indicating the stock is likely facing a period of bullish sentiment.</li>\n <li>Each of these moving averages may hold as a potential area of support in the future.</li>\n <li>The Relative Strength Index (RSI) saw a slight dip Monday and now sits at 43. This means that the stock has seen slightly more selling pressure than buying pressure in the past few days.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/ff4aeb17dad5c5178c43581dc110f258\" tg-width=\"2058\" tg-height=\"1312\" referrerpolicy=\"no-referrer\"></p>\n<p><b>What’s Next For AMC?</b></p>\n<p>Bulls (or should I say apes) are looking to see the stock bounce off pattern support and continue to trade above it. If support can hold the stock may continue to rise to where bulls would like to see the stock break above pattern resistance and shoot higher. If shorts begin to cover their shares, the stock could see a short squeeze and a large bullish run.</p>\n<p>Bears are looking to see the stock fall below pattern support in the next few days. If this pattern support is broken, there is always a chance the stock could see a further push downward.</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>What Are They Hiding? Institutions Are Trading A Ton Of AMC Entertainment Stock On The Dark Pool</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 Are They Hiding? Institutions Are Trading A Ton Of AMC Entertainment Stock On The Dark Pool\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\">2021-09-21 17:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><i><b>(Update: Sept 21, 2021 at 11:06 a.m. ET)</b></i></p>\n<p>AMC continue falling, it tumbled 6% in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e5a4735e4fb38452536fcc77fc95ccc1\" tg-width=\"1185\" tg-height=\"582\" width=\"100%\" height=\"auto\"></p>\n<p><b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc</b>&nbsp;shares are trading lower Monday amid overall market weakness as stocks across sectors fall on COVID-19 pandemic&nbsp;concerns and issues in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> might be interested in the fact that about 60% of the volume for the last 30 days has been&nbsp;traded&nbsp;by institutions over the dark pool, compared to 40% on lit markets, and with only 8% of that 40% being traded on the NYSE.&nbsp;According to Finviz.com, the percentage of shorts still in the stock is more than&nbsp;20%, with a float of 448 million putting the amount of shorted shares at over 90 million.</p>\n<p>AMC was down 8.85% at $40.29&nbsp;on Monday at market close.</p>\n<p><b>AMC Daily Chart</b>&nbsp;<b>Analysis</b></p>\n<ul>\n <li>The stock looks to be attempting to bounce off support in what technical traders call a pennant pattern.</li>\n <li>The stock saw a push higher and now is consolidating between narrowing highs and lows. It may continue to trade within the pattern of support and resistance until the stock sees an above-average volume day and can break out.</li>\n <li>The stock trades above both the 50-day moving average (green)&nbsp;and the 200-day moving average (blue), indicating the stock is likely facing a period of bullish sentiment.</li>\n <li>Each of these moving averages may hold as a potential area of support in the future.</li>\n <li>The Relative Strength Index (RSI) saw a slight dip Monday and now sits at 43. This means that the stock has seen slightly more selling pressure than buying pressure in the past few days.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/ff4aeb17dad5c5178c43581dc110f258\" tg-width=\"2058\" tg-height=\"1312\" referrerpolicy=\"no-referrer\"></p>\n<p><b>What’s Next For AMC?</b></p>\n<p>Bulls (or should I say apes) are looking to see the stock bounce off pattern support and continue to trade above it. If support can hold the stock may continue to rise to where bulls would like to see the stock break above pattern resistance and shoot higher. If shorts begin to cover their shares, the stock could see a short squeeze and a large bullish run.</p>\n<p>Bears are looking to see the stock fall below pattern support in the next few days. If this pattern support is broken, there is always a chance the stock could see a further push downward.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"POOL":"Pool Corporation","AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193539787","content_text":"(Update: Sept 21, 2021 at 11:06 a.m. ET)\nAMC continue falling, it tumbled 6% in morning trading.\n\nAMC Entertainment Holdings Inc shares are trading lower Monday amid overall market weakness as stocks across sectors fall on COVID-19 pandemic concerns and issues in China.\nInvestors might be interested in the fact that about 60% of the volume for the last 30 days has been traded by institutions over the dark pool, compared to 40% on lit markets, and with only 8% of that 40% being traded on the NYSE. According to Finviz.com, the percentage of shorts still in the stock is more than 20%, with a float of 448 million putting the amount of shorted shares at over 90 million.\nAMC was down 8.85% at $40.29 on Monday at market close.\nAMC Daily Chart Analysis\n\nThe stock looks to be attempting to bounce off support in what technical traders call a pennant pattern.\nThe stock saw a push higher and now is consolidating between narrowing highs and lows. It may continue to trade within the pattern of support and resistance until the stock sees an above-average volume day and can break out.\nThe stock trades above both the 50-day moving average (green) and the 200-day moving average (blue), indicating the stock is likely facing a period of bullish sentiment.\nEach of these moving averages may hold as a potential area of support in the future.\nThe Relative Strength Index (RSI) saw a slight dip Monday and now sits at 43. This means that the stock has seen slightly more selling pressure than buying pressure in the past few days.\n\n\nWhat’s Next For AMC?\nBulls (or should I say apes) are looking to see the stock bounce off pattern support and continue to trade above it. If support can hold the stock may continue to rise to where bulls would like to see the stock break above pattern resistance and shoot higher. If shorts begin to cover their shares, the stock could see a short squeeze and a large bullish run.\nBears are looking to see the stock fall below pattern support in the next few days. If this pattern support is broken, there is always a chance the stock could see a further push downward.","news_type":1,"symbols_score_info":{"POOL":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":3371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860319229,"gmtCreate":1632134151561,"gmtModify":1676530707380,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860319229","repostId":"1112144590","repostType":4,"repost":{"id":"1112144590","kind":"news","pubTimestamp":1632132479,"share":"https://ttm.financial/m/news/1112144590?lang=&edition=fundamental","pubTime":"2021-09-20 18:07","market":"us","language":"en","title":"Bitcoin Drops Below $45,000. Evergrande Contagion Fears Hit Cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1112144590","media":"Barron's","summary":"Bitcoin and other cryptocurrencies slumped Monday as assets of all shapes and sizes were caught up i","content":"<p>Bitcoin and other cryptocurrencies slumped Monday as assets of all shapes and sizes were caught up in a wave of selling brought on by contagion fears from the mounting problems at embattled property giantChina Evergrande Group.</p>\n<p>Bitcoin, the world’s largest cryptocurrency, dropped 6.63% to $44,979. It dropped to as low as $44,523 over the past 24 hours. Despite Monday’s slump, Bitcoin has risen more than 55% so far in 2021.</p>\n<p>Ethereum, the second-largest cryptocurrency, was down 8.14% at $3,146.</p>\n<p>Evergrande, the world’s most indebted developer, owes more than $300 billion but Chinese authorities have warned banks the company &nbsp;won’t be able to pay debt obligations due Monday, according to reports. Evergrande said Sunday it has begun repaying investors in its wealth management products with real estate.</p>\n<p>Futures contracts linked to theDow Jones Industrial Averagefell 535 points, or 1.55%. The blue-chip index fell 166 points on Friday to close at 34,585.</p>\n<p>S&amp;P 500futures dropped 1.3% andNasdaqfutures slumped 1.06%.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Drops Below $45,000. Evergrande Contagion Fears Hit Cryptocurrencies</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\">\nBitcoin Drops Below $45,000. Evergrande Contagion Fears Hit Cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 18:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/step-up-in-basis-repeal-win-win-tax-reform-democrats-51631821032><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin and other cryptocurrencies slumped Monday as assets of all shapes and sizes were caught up in a wave of selling brought on by contagion fears from the mounting problems at embattled property ...</p>\n\n<a href=\"https://www.barrons.com/articles/step-up-in-basis-repeal-win-win-tax-reform-democrats-51631821032\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.barrons.com/articles/step-up-in-basis-repeal-win-win-tax-reform-democrats-51631821032","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112144590","content_text":"Bitcoin and other cryptocurrencies slumped Monday as assets of all shapes and sizes were caught up in a wave of selling brought on by contagion fears from the mounting problems at embattled property giantChina Evergrande Group.\nBitcoin, the world’s largest cryptocurrency, dropped 6.63% to $44,979. It dropped to as low as $44,523 over the past 24 hours. Despite Monday’s slump, Bitcoin has risen more than 55% so far in 2021.\nEthereum, the second-largest cryptocurrency, was down 8.14% at $3,146.\nEvergrande, the world’s most indebted developer, owes more than $300 billion but Chinese authorities have warned banks the company  won’t be able to pay debt obligations due Monday, according to reports. Evergrande said Sunday it has begun repaying investors in its wealth management products with real estate.\nFutures contracts linked to theDow Jones Industrial Averagefell 535 points, or 1.55%. The blue-chip index fell 166 points on Friday to close at 34,585.\nS&P 500futures dropped 1.3% andNasdaqfutures slumped 1.06%.","news_type":1,"symbols_score_info":{"COIN":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860319811,"gmtCreate":1632134116733,"gmtModify":1676530707372,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??????","listText":"??????","text":"??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860319811","repostId":"2168502037","repostType":4,"isVote":1,"tweetType":1,"viewCount":1146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887618121,"gmtCreate":1632025568463,"gmtModify":1676530689284,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887618121","repostId":"2168508928","repostType":4,"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884868443,"gmtCreate":1631879808082,"gmtModify":1676530659802,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/884868443","repostId":"1102595384","repostType":4,"repost":{"id":"1102595384","kind":"news","pubTimestamp":1631879657,"share":"https://ttm.financial/m/news/1102595384?lang=&edition=fundamental","pubTime":"2021-09-17 19:54","market":"us","language":"en","title":"Sea Limited: It's All About Expectations And Discount Rate","url":"https://stock-news.laohu8.com/highlight/detail?id=1102595384","media":"Seeking Alpha","summary":"Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Since our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.</li>\n <li>Our approach now is similar but instead of stretching consensus, we rely on it and check what is the implied discount rate which delivers the current share price.</li>\n <li>We have tried to assess the most appropriate discount rate and we believe there is enough evidence of a current mismatch between current valuation and the appropriate discount rate.</li>\n <li>The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace which might lead to new taxes in SE markets.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/573f2b1b0d40da30f023491c4ab630f4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Astragal/iStock via Getty Images</span></p>\n<p><b>Investment thesis</b></p>\n<p>When we first looked at Sea Limited (SE)&nbsp;in April 2021, the stock was trading at USD 274 per share, and we considered the stock almost fairly valued in the best of all possible scenarios. Since then, the stock has raised a further 20% and is trading at more than USD 330 per share. We are now reviewing our valuation approach, which in April was based on stressing consensus to check to which extent it should have been stretched to match the market cap at that time. Our approach now is similar, but instead of stretching consensus, we rely on it and check the implied discount rate that delivers the current share price. Instead of working on estimates, we are working on the discount rate.</p>\n<p>We have tried to assess the most appropriate discount rate, and we believe there is enough evidence of a current mismatch between the current valuation and the appropriate discount rate. In our view, the discount rate which justifies the current share price is far lower than the most appropriate one. The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace, which might lead to new taxes in SE markets.</p>\n<p><b>Revenue guidance for 2021 was raised after Q2.</b></p>\n<p>In Q1, management guided Garena’s revenues between USD 4.3 bln and USD 4.5 bln (38% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to USD 4.5 bln and USD 4.7 bln (44% YoY growth assuming guidance midpoint).</p>\n<p>Shopee revenues in Q1 were guided between $4.5 bln and $4.7 bln (112% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to $4.7 bln and $4.9 bln (121% YoY growth assuming guidance midpoint).</p>\n<p>It is worth noting in the table below that, while consensus has fairly factored higher FY21 revenues guidance on both Garena and Shopee, EBITDA compared to April 2021 has been downward revised at a consolidated level not only in 2021. EBITDA has been cut from 2021 to 2026.</p>\n<p>In other words, revenue growth leads to lower operating margins over the next five years, but the equity value is growing. EBITDA from 2026 onward is higher than previously expected (USD 866 mln in 2030), and thus Terminal Value is driving equity value higher.</p>\n<p>Basically, the consensus is shifting towards terminal value, which carries higher risk, but market valuation is increasing.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1e95c9ddadd6d8ff7bd0ebb8b595bdf\" tg-width=\"640\" tg-height=\"105\" width=\"100%\" height=\"auto\"><span>Source: Bloomberg data as of September 13, 2021</span></p>\n<p><b>Valuation approach (Sea – USD 330 per share as of September 13, 2021)Trying to assess the discount rate</b></p>\n<p>The key issue behind SE valuation is trying to assess an appropriate discount rate. Since the company's net financial position is cash positive (total financial debt – cash and cash equivalent), the WACC is equal to the Cost of Equity.</p>\n<p>Relying on CAPM (Capital Asset Pricing Model) to estimate the cost of equity raises some concerns. According to CAPM, Ke = Risk-free + Beta x Market Risk Premium.</p>\n<p>Here the main concerns are:</p>\n<p><b>1. What is the beta for SE?</b></p>\n<p>We have tried to assess SE beta and checked SE correlation to the market (table 2, 3, 4, and 5). The highest correlation is toward S&amp;P500, but linear Beta, Beta +/-, and non-parametric all show an R^2 around 0.4, which indicates that SE is decorrelated from the S&amp;P 500 Index (a similar story for other indexes). Beta is thus not useful to the extent of our analysis.</p>\n<p>Source: Moat Investing elaboration on Bloomberg data</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c592c8312acabe90c741a507a038bf8b\" tg-width=\"640\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/704203388ec2befc8cd12672b1cee669\" tg-width=\"640\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8144b2df488ed4dad74084b63cece566\" tg-width=\"605\" tg-height=\"236\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p><b>2. What is the Market Risk Premium?</b></p>\n<p>This is the most controversial element in the CAPM. The risk premium should reflect the “premium” required by equity holders on top of the risk-free.</p>\n<p>We must keep present that SE's key market is South Asia. Thus, in our view, we should add a country risk adjustment to consider it. If we were using US Market Risk Premium, we would underestimate the risk related to the geographical areas where SE operates.</p>\n<p>We have thus adjusted the Market Risk Premium factoring in Country Risk Premium calculated by considering the spread between Indonesian and US treasuries at 10y.</p>\n<p>Adjusting for country premium, the appropriate cost of equity for SE would be 15.3% (see chart 6). Assuming an appropriate Beta would be even higher.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33df371ce03f740a6a6b0ffcaa5b8680\" tg-width=\"640\" tg-height=\"129\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p><b>3. What is the appropriate terminal growth rate?</b></p>\n<p>We estimate the terminal growth by calculating the reinvestment rate (% of FCFF reinvested as CAPEX) and the sustainable ROI. We believe our 3.5% terminal growth is rather sustainable as the company is reinvesting over 20% of its free cash flows and has a sustainable ROI of around 20%.</p>\n<p><b>DCF valuation and sensitivity analysis</b></p>\n<p>We have run a DCF totally based on consensus estimates from 2021 to 2030. The idea behind this analysis is to check the discount rate (Ke = WACC), which delivers an equity value in line with the current market cap.</p>\n<p>Factoring a 3.5% terminal growth rate and the fully diluted number of shares, the discount rate, which delivers around USD 180 bn market cap, is 7.7%!</p>\n<p><b>DCF</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eca0d9f0aea2257f2693e119fff4d735\" tg-width=\"640\" tg-height=\"321\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing</span></p>\n<p>We have thus run a sensitivity analysis by simply changing the discount rate as we believe that the cost of equity for SE should be adjusted for a country's risk premium.</p>\n<p>What happens if we increase the discount rate to around 15%? SE equity would be worth around USD 40 bn, some 70% less than the current value.</p>\n<p><b>Sensitivity</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e6789c9d7c55fcf1c2cceb6a8a66446\" tg-width=\"640\" tg-height=\"253\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing</span></p>\n<p>The fallacy of valuation through multiples and peer analysis</p>\n<p>We have seen some sell-side equity researches where the target price is calculated as a sum of the parts of the three businesses (Garena, Shopee, and Sea Money) where:</p>\n<ol>\n <li>Garena is valued using a P/E of 20x its foreseeable earnings in 2023.</li>\n <li>Shopee is valued using a DCF with a discount rate of around 8% and a terminal growth rate above 3.5%.</li>\n <li>Sea Money is valued using a totally invented multiple on its future GTV of 0.20x, where the correlation between GTV and equity value is questionable.</li>\n</ol>\n<p>Some analysts compare Garena to<i>Tencent</i>(OTCPK:TCEHY)(OTCPK:TCTZF), Sea Money to<i>Visa</i>(NYSE:V)<i>, Mastercard</i>(NYSE:MA)<i>and Adyen</i>, Shopee to<i>Amazon</i>(NASDAQ:AMZN)<i>, and Alibaba</i>(NYSE:BABA)(OTCPK:BABAF).</p>\n<p>We believe this valuation approach does not work and, in most cases, leads to misleading results. Garena is a rather new player, and comparing it to an over USD 500 bn market cap company with stable business sounds like nonsense. The same story for Sea Money compared to players who have a completely different business model.</p>\n<p>What could drive value creation for SEUpward revision of current estimates led by new acquisitions</p>\n<p>SE has recently announced it intends to raise USD 6.8 bn funds through an equity offering (some USD 3.9 bn) and convertible note issuance (some USD 2.9 bn). After the fundraising, SE would rely upon around USD 12.8 bn to support further Shopee expansion in Europe and India.</p>\n<p>Leverage of the balance sheet</p>\n<p>SE might decide to leverage the balance sheet by injecting debt which would lower the overall cost of capital. We believe this would be a viable strategy, although it might not come before 3 to 5 years when the company's cash flows would be robust enough to support massive leverage.</p>\n<p><b>Main risks</b></p>\n<p>We believe the main risks for the SE equity case are:</p>\n<ol>\n <li>The expectations around Garena and its embedded valuation. Garena is valued at around USD 60bn. Its value would drop significantly if it is unable to launch new successful games like Free Fire, and/or its margins would be lower as a result of a shift from in-house game development to third parties licensed games.</li>\n <li>The regulatory risks on its marketplace, which might lead to new taxes in SE markets.</li>\n</ol>\n<p><b>Conclusion</b></p>\n<p>At this stage, investors have these viable options:</p>\n<ol>\n <li>Believe that market estimates will be upward revised in the future as SE would continue to deliver significant growth.</li>\n <li>Believe that in the future as SE would command a more balanced D/E structure.</li>\n <li>Investing in SE assuming 7.7% potential return if 1) and/or 2) (or a mix of) would not happen.</li>\n</ol>\n<p>We think there is enough evidence to believe that the SE market cap has gone too far despite its solid business model. Factoring into current estimates, the appropriate hurdle rate might lead to far lower valuation evidence.</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>Sea Limited: It's All About Expectations And Discount Rate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: It's All About Expectations And Discount Rate\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 19:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.\nOur approach now is similar but ...</p>\n\n<a href=\"https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102595384","content_text":"Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.\nOur approach now is similar but instead of stretching consensus, we rely on it and check what is the implied discount rate which delivers the current share price.\nWe have tried to assess the most appropriate discount rate and we believe there is enough evidence of a current mismatch between current valuation and the appropriate discount rate.\nThe main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace which might lead to new taxes in SE markets.\n\nAstragal/iStock via Getty Images\nInvestment thesis\nWhen we first looked at Sea Limited (SE) in April 2021, the stock was trading at USD 274 per share, and we considered the stock almost fairly valued in the best of all possible scenarios. Since then, the stock has raised a further 20% and is trading at more than USD 330 per share. We are now reviewing our valuation approach, which in April was based on stressing consensus to check to which extent it should have been stretched to match the market cap at that time. Our approach now is similar, but instead of stretching consensus, we rely on it and check the implied discount rate that delivers the current share price. Instead of working on estimates, we are working on the discount rate.\nWe have tried to assess the most appropriate discount rate, and we believe there is enough evidence of a current mismatch between the current valuation and the appropriate discount rate. In our view, the discount rate which justifies the current share price is far lower than the most appropriate one. The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace, which might lead to new taxes in SE markets.\nRevenue guidance for 2021 was raised after Q2.\nIn Q1, management guided Garena’s revenues between USD 4.3 bln and USD 4.5 bln (38% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to USD 4.5 bln and USD 4.7 bln (44% YoY growth assuming guidance midpoint).\nShopee revenues in Q1 were guided between $4.5 bln and $4.7 bln (112% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to $4.7 bln and $4.9 bln (121% YoY growth assuming guidance midpoint).\nIt is worth noting in the table below that, while consensus has fairly factored higher FY21 revenues guidance on both Garena and Shopee, EBITDA compared to April 2021 has been downward revised at a consolidated level not only in 2021. EBITDA has been cut from 2021 to 2026.\nIn other words, revenue growth leads to lower operating margins over the next five years, but the equity value is growing. EBITDA from 2026 onward is higher than previously expected (USD 866 mln in 2030), and thus Terminal Value is driving equity value higher.\nBasically, the consensus is shifting towards terminal value, which carries higher risk, but market valuation is increasing.\nSource: Bloomberg data as of September 13, 2021\nValuation approach (Sea – USD 330 per share as of September 13, 2021)Trying to assess the discount rate\nThe key issue behind SE valuation is trying to assess an appropriate discount rate. Since the company's net financial position is cash positive (total financial debt – cash and cash equivalent), the WACC is equal to the Cost of Equity.\nRelying on CAPM (Capital Asset Pricing Model) to estimate the cost of equity raises some concerns. According to CAPM, Ke = Risk-free + Beta x Market Risk Premium.\nHere the main concerns are:\n1. What is the beta for SE?\nWe have tried to assess SE beta and checked SE correlation to the market (table 2, 3, 4, and 5). The highest correlation is toward S&P500, but linear Beta, Beta +/-, and non-parametric all show an R^2 around 0.4, which indicates that SE is decorrelated from the S&P 500 Index (a similar story for other indexes). Beta is thus not useful to the extent of our analysis.\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\n2. What is the Market Risk Premium?\nThis is the most controversial element in the CAPM. The risk premium should reflect the “premium” required by equity holders on top of the risk-free.\nWe must keep present that SE's key market is South Asia. Thus, in our view, we should add a country risk adjustment to consider it. If we were using US Market Risk Premium, we would underestimate the risk related to the geographical areas where SE operates.\nWe have thus adjusted the Market Risk Premium factoring in Country Risk Premium calculated by considering the spread between Indonesian and US treasuries at 10y.\nAdjusting for country premium, the appropriate cost of equity for SE would be 15.3% (see chart 6). Assuming an appropriate Beta would be even higher.\nSource: Moat Investing elaboration on Bloomberg data\n3. What is the appropriate terminal growth rate?\nWe estimate the terminal growth by calculating the reinvestment rate (% of FCFF reinvested as CAPEX) and the sustainable ROI. We believe our 3.5% terminal growth is rather sustainable as the company is reinvesting over 20% of its free cash flows and has a sustainable ROI of around 20%.\nDCF valuation and sensitivity analysis\nWe have run a DCF totally based on consensus estimates from 2021 to 2030. The idea behind this analysis is to check the discount rate (Ke = WACC), which delivers an equity value in line with the current market cap.\nFactoring a 3.5% terminal growth rate and the fully diluted number of shares, the discount rate, which delivers around USD 180 bn market cap, is 7.7%!\nDCF\nSource: Moat Investing\nWe have thus run a sensitivity analysis by simply changing the discount rate as we believe that the cost of equity for SE should be adjusted for a country's risk premium.\nWhat happens if we increase the discount rate to around 15%? SE equity would be worth around USD 40 bn, some 70% less than the current value.\nSensitivity\nSource: Moat Investing\nThe fallacy of valuation through multiples and peer analysis\nWe have seen some sell-side equity researches where the target price is calculated as a sum of the parts of the three businesses (Garena, Shopee, and Sea Money) where:\n\nGarena is valued using a P/E of 20x its foreseeable earnings in 2023.\nShopee is valued using a DCF with a discount rate of around 8% and a terminal growth rate above 3.5%.\nSea Money is valued using a totally invented multiple on its future GTV of 0.20x, where the correlation between GTV and equity value is questionable.\n\nSome analysts compare Garena toTencent(OTCPK:TCEHY)(OTCPK:TCTZF), Sea Money toVisa(NYSE:V), Mastercard(NYSE:MA)and Adyen, Shopee toAmazon(NASDAQ:AMZN), and Alibaba(NYSE:BABA)(OTCPK:BABAF).\nWe believe this valuation approach does not work and, in most cases, leads to misleading results. Garena is a rather new player, and comparing it to an over USD 500 bn market cap company with stable business sounds like nonsense. The same story for Sea Money compared to players who have a completely different business model.\nWhat could drive value creation for SEUpward revision of current estimates led by new acquisitions\nSE has recently announced it intends to raise USD 6.8 bn funds through an equity offering (some USD 3.9 bn) and convertible note issuance (some USD 2.9 bn). After the fundraising, SE would rely upon around USD 12.8 bn to support further Shopee expansion in Europe and India.\nLeverage of the balance sheet\nSE might decide to leverage the balance sheet by injecting debt which would lower the overall cost of capital. We believe this would be a viable strategy, although it might not come before 3 to 5 years when the company's cash flows would be robust enough to support massive leverage.\nMain risks\nWe believe the main risks for the SE equity case are:\n\nThe expectations around Garena and its embedded valuation. Garena is valued at around USD 60bn. Its value would drop significantly if it is unable to launch new successful games like Free Fire, and/or its margins would be lower as a result of a shift from in-house game development to third parties licensed games.\nThe regulatory risks on its marketplace, which might lead to new taxes in SE markets.\n\nConclusion\nAt this stage, investors have these viable options:\n\nBelieve that market estimates will be upward revised in the future as SE would continue to deliver significant growth.\nBelieve that in the future as SE would command a more balanced D/E structure.\nInvesting in SE assuming 7.7% potential return if 1) and/or 2) (or a mix of) would not happen.\n\nWe think there is enough evidence to believe that the SE market cap has gone too far despite its solid business model. Factoring into current estimates, the appropriate hurdle rate might lead to far lower valuation evidence.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882416570,"gmtCreate":1631714416090,"gmtModify":1676530616288,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882416570","repostId":"1154841213","repostType":4,"isVote":1,"tweetType":1,"viewCount":960,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886428130,"gmtCreate":1631618720020,"gmtModify":1676530591116,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??????","listText":"??????","text":"??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/886428130","repostId":"2167553576","repostType":4,"isVote":1,"tweetType":1,"viewCount":901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886428902,"gmtCreate":1631618684706,"gmtModify":1676530591100,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????????","listText":"????????","text":"????????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886428902","repostId":"1100780889","repostType":4,"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888565081,"gmtCreate":1631508982843,"gmtModify":1676530561477,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888565081","repostId":"1177208574","repostType":4,"repost":{"id":"1177208574","kind":"news","pubTimestamp":1631502415,"share":"https://ttm.financial/m/news/1177208574?lang=&edition=fundamental","pubTime":"2021-09-13 11:06","market":"us","language":"en","title":"Qell Acquisition Shareholders Approve Lilium SPAC Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=1177208574","media":"Thestreet","summary":"Shareholders of special purpose acquisition company Qell Acquisition (QELL) overwhelmingly voted to ","content":"<p>Shareholders of special purpose acquisition company Qell Acquisition (QELL) overwhelmingly voted to approve a SPAC merger with electric air transportation developer Lilium GmbH.</p>\n<p>More than 98% of Qell shareholders at an extraordinary general meeting on Friday voted in favor of the business combination with Lilium, which the companies proposed in March.</p>\n<p>The SPAC merger is expected to close Tuesday, subject to the satisfaction or waiver of customary closing conditions, according to a Qell statement. The combined company's Class A common stock will be listed on Nasdaq under the ticker symbol LILM and is expected to begin trading Wednesday.</p>\n<p>The transaction values the combined company at a $3.3 billion pro forma equity value based on the $10 a share PIPE price.</p>\n<p>\"We are thrilled that Qell shareholders have chosen to support our vision to accelerate the decarbonization of air travel and will join Lilium on the next phase of our journey,\" Lilium co-founder and CEO Daniel Wiegand said in a statement. \"Today's vote brings us one step closer to our planned commercial launch in 2024, delivering sustainable high-speed regional transportation with the all-electric 7-Seater Lilium Jet.\"</p>\n<p>Munich-based Lilium is developing its sustainable, high-speed 7-Seater Lilium Jet, which will feature low-noise, high-performance electric vertical take-off and landing. It expects to launch commercial operations in 2024.</p>\n<p>Founded in 2015, the company employs over 650 workers, including about 400 aerospace engineers.</p>\n<p>San Francisco-based Qell, which focuses on next generation mobility, transportation and sustainable industrial technologies, is led by its founder Barry Engle, former president of General Motors North America.</p>\n<p>Shares of Qell on Friday were down 1.9% to $9.80 in after-hours trading. The stock closed down 1.5% to $9.99 in the regular session.</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>Qell Acquisition Shareholders Approve Lilium SPAC Merger</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\">\nQell Acquisition Shareholders Approve Lilium SPAC Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/qell-acquisition-shareholders-approve-lilium-spac-merger><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shareholders of special purpose acquisition company Qell Acquisition (QELL) overwhelmingly voted to approve a SPAC merger with electric air transportation developer Lilium GmbH.\nMore than 98% of Qell ...</p>\n\n<a href=\"https://www.thestreet.com/investing/qell-acquisition-shareholders-approve-lilium-spac-merger\">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.thestreet.com/investing/qell-acquisition-shareholders-approve-lilium-spac-merger","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177208574","content_text":"Shareholders of special purpose acquisition company Qell Acquisition (QELL) overwhelmingly voted to approve a SPAC merger with electric air transportation developer Lilium GmbH.\nMore than 98% of Qell shareholders at an extraordinary general meeting on Friday voted in favor of the business combination with Lilium, which the companies proposed in March.\nThe SPAC merger is expected to close Tuesday, subject to the satisfaction or waiver of customary closing conditions, according to a Qell statement. The combined company's Class A common stock will be listed on Nasdaq under the ticker symbol LILM and is expected to begin trading Wednesday.\nThe transaction values the combined company at a $3.3 billion pro forma equity value based on the $10 a share PIPE price.\n\"We are thrilled that Qell shareholders have chosen to support our vision to accelerate the decarbonization of air travel and will join Lilium on the next phase of our journey,\" Lilium co-founder and CEO Daniel Wiegand said in a statement. \"Today's vote brings us one step closer to our planned commercial launch in 2024, delivering sustainable high-speed regional transportation with the all-electric 7-Seater Lilium Jet.\"\nMunich-based Lilium is developing its sustainable, high-speed 7-Seater Lilium Jet, which will feature low-noise, high-performance electric vertical take-off and landing. It expects to launch commercial operations in 2024.\nFounded in 2015, the company employs over 650 workers, including about 400 aerospace engineers.\nSan Francisco-based Qell, which focuses on next generation mobility, transportation and sustainable industrial technologies, is led by its founder Barry Engle, former president of General Motors North America.\nShares of Qell on Friday were down 1.9% to $9.80 in after-hours trading. The stock closed down 1.5% to $9.99 in the regular session.","news_type":1,"symbols_score_info":{"QELL":0.9,"LILM":0.9}},"isVote":1,"tweetType":1,"viewCount":1008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883064108,"gmtCreate":1631190809904,"gmtModify":1676530491721,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883064108","repostId":"1117582991","repostType":4,"repost":{"id":"1117582991","kind":"news","pubTimestamp":1631190269,"share":"https://ttm.financial/m/news/1117582991?lang=&edition=fundamental","pubTime":"2021-09-09 20:24","market":"us","language":"en","title":"Funds Go Green, but Sometimes in Name Only","url":"https://stock-news.laohu8.com/highlight/detail?id=1117582991","media":"The Wall Street Journal","summary":"Companies are turning their struggling funds green to capture the flood of cash into sustainable inv","content":"<blockquote>\n <b>Companies are turning their struggling funds green to capture the flood of cash into sustainable investments.</b>\n</blockquote>\n<p>Fund companies are rebranding their out-of-fashion investment offerings as green, hoping to grab a portion of the cash pouring into sustainable products. In some cases, the rebranding has been in name only.</p>\n<p>Last year, companies that manage mutual funds and exchange-traded funds rebranded a record 25 funds as sustainable, according to Morningstar. They say these funds have adopted investment strategies that utilize data on companies’ environmental, social and governance performance to pick stocks. Since 2013, fund companies have rebranded 64 funds, which had $35 billion in assets as of June.</p>\n<p>The American Century Fundamental Equity Fund is now theSustainable Equity Fund, the USAA World Growth Fund is theUSAA Sustainable World Fundand the Putnam Multi-Cap Growth Fund is now thePutnam Sustainable Leaders Fund. Assets for all three are up since the rebrandings.</p>\n<p>Many of these funds are actively managed and were experiencing chronic outflows prior to rebranding, said Morningstar Head of Sustainability Research Jon Hale. “You have big fund companies with an inventory of funds, a lot of which aren’t really attracting assets anymore, saying ‘OK, here’s this new investment trend happening; what do we do?’” Mr. Hale said.</p>\n<p><img src=\"https://static.tigerbbs.com/0deca5624c07ced40f8886918a46f2ff\" tg-width=\"763\" tg-height=\"517\" width=\"100%\" height=\"auto\">The shift is akin to a car company freshening up a tired model. Actively managed funds, which are run by stock pickers, have been losing investor cash for years. Similar funds with a sustainable label have been raking in money, according to Morningstar.</p>\n<p>Of the 64 rebranded funds, 35 were suffering from investor withdrawals in the three years before they went green, according to a Wall Street Journal analysis of Morningstar data. At 13 of the funds, investors began putting in cash again. At 45, new cash plus the rising stock market have boosted overall assets.</p>\n<p><img src=\"https://static.tigerbbs.com/b07f0afeb7e76ae9503bbb0f58f57345\" tg-width=\"747\" tg-height=\"525\" width=\"100%\" height=\"auto\">The $1.5 billion USAA Sustainable World Fund holds nearly $100 million in shares of 47 fossil-fuel companies, according to data from shareholder advocacy group As You Sow, the most of any repurposed fund. Last year, Victory Capital Management Inc. changed the fund’s name from USAA World Growth Fund.</p>\n<p>A disclosure was added to the fund’s prospectus noting ESG ratings are considered but fund managers may disagree with a raters’ conclusion. The Sustainable World Fund continued to hold shares of companies such as mining firmRio TintoPLC and purchased shares in oil-and-gas companies after rebranding.</p>\n<p>“We believe incorporating ESG considerations into a portfolio should be an input under a larger mosaic of considerations any manager evaluates to achieve a well-balanced, diversified portfolio,” said Mannik S. Dhillon, president of VictoryShares &amp; Solutions, an investment adviser for USAA.</p>\n<p><img src=\"https://static.tigerbbs.com/b0dbd18a17b1632df436a855a968ed74\" tg-width=\"750\" tg-height=\"536\" width=\"100%\" height=\"auto\">Investors had been pulling cash out of American Century Investment’s Fundamental Equity Fund for years before its 2016 rebranding. Three years later and under a new name, the Sustainable Equity Fund brought in a net $1.7 billion.</p>\n<p>“To us, that was an affirmation that we made the right changes,” said American Century Vice President Joe Reiland. “The performance was getting better, the investment community was more interested in investing sustainably and it made us more marketable to clients.”</p>\n<p>The fund beat the S&amp;P 500 over the past five years and boasts its portfolio companies emit 67% fewer greenhouse gases than the index, according to the fund’s sustainability report. The fund dumped shares of 12 firms during the transition includingExxon MobilCorp.while adding electric-vehicle makerTeslaInc.</p>\n<p>It keptConocoPhillips,even though it is a big greenhouse-gas emitter, because it was shifting more toward sustainability, Mr. Reiland said. “After analyzing the two, ConocoPhillips was demonstrating the ability to become an ESG leader over Exxon,” Mr. Reiland said.</p>\n<p>Other companies frequently dumped by rebranded funds were oil-and-gas producerDevon EnergyCorp., tobacco firmPhilip Morris InternationalInc.and aerospace companiesGeneral DynamicsCorp.andBoeingCo., according to a Journal analysis of constituents of 43 funds with historical data.</p>\n<p>Rebranded funds typically bought tech companies such as chip makerTexas InstrumentsInc.and software makerCadence Design SystemsInc.One reason sustainable funds have done well is because technology companies have trounced energy stocks in the past few years. Nearly 70% of 286 sustainable funds ranked in the top half of their performance category last year, according to Morningstar.</p>\n<p><img src=\"https://static.tigerbbs.com/d72cd6458ddd8969b6e5d5eaa8001530\" tg-width=\"743\" tg-height=\"524\" width=\"100%\" height=\"auto\">Assets in Putnam Investments’ Putnam Multi-Cap Growth and Multi-Cap Value funds were hovering near their lowest point since the early 2000s when the company rebranded both funds.</p>\n<p>Assets of the rechristened Putnam Sustainable Leaders Fund rose by 66% to $6.5 billion as of this June. ThePutnam Sustainable Future Fundgrew its assets by 93% to $649 million, according to the Journal’s analysis. Both funds have outperformed their benchmarks and the S&amp;P 500 in the past three years after periods of mixed performance prior to rebranding.</p>\n<p>The Sustainable Future Fund underwent the most dramatic change, shifting 75% of its portfolio to focus on sustainable firms, according to Putnam’s head of sustainable investing, Katherine Collins. “There are a wide range of approaches that folks are taking in developing sustainable funds, and for Putnam it was pretty far into the heavy-lift side of things.”</p>\n<p>Stocks in energy firms like ConocoPhillips were dropped, and renewable-resource firms were added such as solar-panel makerSunrunInc.,which was a top contributor to the fund’s 2020 performance.</p>\n<p>“We’re happy not just with the numbers but with how those numbers have been generated,” Ms. Collins 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>Funds Go Green, but Sometimes in Name Only</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\">\nFunds Go Green, but Sometimes in Name Only\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 20:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/funds-go-green-but-sometimes-in-name-only-11631179801?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Companies are turning their struggling funds green to capture the flood of cash into sustainable investments.\n\nFund companies are rebranding their out-of-fashion investment offerings as green, hoping ...</p>\n\n<a href=\"https://www.wsj.com/articles/funds-go-green-but-sometimes-in-name-only-11631179801?mod=markets_lead_pos5\">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/funds-go-green-but-sometimes-in-name-only-11631179801?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117582991","content_text":"Companies are turning their struggling funds green to capture the flood of cash into sustainable investments.\n\nFund companies are rebranding their out-of-fashion investment offerings as green, hoping to grab a portion of the cash pouring into sustainable products. In some cases, the rebranding has been in name only.\nLast year, companies that manage mutual funds and exchange-traded funds rebranded a record 25 funds as sustainable, according to Morningstar. They say these funds have adopted investment strategies that utilize data on companies’ environmental, social and governance performance to pick stocks. Since 2013, fund companies have rebranded 64 funds, which had $35 billion in assets as of June.\nThe American Century Fundamental Equity Fund is now theSustainable Equity Fund, the USAA World Growth Fund is theUSAA Sustainable World Fundand the Putnam Multi-Cap Growth Fund is now thePutnam Sustainable Leaders Fund. Assets for all three are up since the rebrandings.\nMany of these funds are actively managed and were experiencing chronic outflows prior to rebranding, said Morningstar Head of Sustainability Research Jon Hale. “You have big fund companies with an inventory of funds, a lot of which aren’t really attracting assets anymore, saying ‘OK, here’s this new investment trend happening; what do we do?’” Mr. Hale said.\nThe shift is akin to a car company freshening up a tired model. Actively managed funds, which are run by stock pickers, have been losing investor cash for years. Similar funds with a sustainable label have been raking in money, according to Morningstar.\nOf the 64 rebranded funds, 35 were suffering from investor withdrawals in the three years before they went green, according to a Wall Street Journal analysis of Morningstar data. At 13 of the funds, investors began putting in cash again. At 45, new cash plus the rising stock market have boosted overall assets.\nThe $1.5 billion USAA Sustainable World Fund holds nearly $100 million in shares of 47 fossil-fuel companies, according to data from shareholder advocacy group As You Sow, the most of any repurposed fund. Last year, Victory Capital Management Inc. changed the fund’s name from USAA World Growth Fund.\nA disclosure was added to the fund’s prospectus noting ESG ratings are considered but fund managers may disagree with a raters’ conclusion. The Sustainable World Fund continued to hold shares of companies such as mining firmRio TintoPLC and purchased shares in oil-and-gas companies after rebranding.\n“We believe incorporating ESG considerations into a portfolio should be an input under a larger mosaic of considerations any manager evaluates to achieve a well-balanced, diversified portfolio,” said Mannik S. Dhillon, president of VictoryShares & Solutions, an investment adviser for USAA.\nInvestors had been pulling cash out of American Century Investment’s Fundamental Equity Fund for years before its 2016 rebranding. Three years later and under a new name, the Sustainable Equity Fund brought in a net $1.7 billion.\n“To us, that was an affirmation that we made the right changes,” said American Century Vice President Joe Reiland. “The performance was getting better, the investment community was more interested in investing sustainably and it made us more marketable to clients.”\nThe fund beat the S&P 500 over the past five years and boasts its portfolio companies emit 67% fewer greenhouse gases than the index, according to the fund’s sustainability report. The fund dumped shares of 12 firms during the transition includingExxon MobilCorp.while adding electric-vehicle makerTeslaInc.\nIt keptConocoPhillips,even though it is a big greenhouse-gas emitter, because it was shifting more toward sustainability, Mr. Reiland said. “After analyzing the two, ConocoPhillips was demonstrating the ability to become an ESG leader over Exxon,” Mr. Reiland said.\nOther companies frequently dumped by rebranded funds were oil-and-gas producerDevon EnergyCorp., tobacco firmPhilip Morris InternationalInc.and aerospace companiesGeneral DynamicsCorp.andBoeingCo., according to a Journal analysis of constituents of 43 funds with historical data.\nRebranded funds typically bought tech companies such as chip makerTexas InstrumentsInc.and software makerCadence Design SystemsInc.One reason sustainable funds have done well is because technology companies have trounced energy stocks in the past few years. Nearly 70% of 286 sustainable funds ranked in the top half of their performance category last year, according to Morningstar.\nAssets in Putnam Investments’ Putnam Multi-Cap Growth and Multi-Cap Value funds were hovering near their lowest point since the early 2000s when the company rebranded both funds.\nAssets of the rechristened Putnam Sustainable Leaders Fund rose by 66% to $6.5 billion as of this June. ThePutnam Sustainable Future Fundgrew its assets by 93% to $649 million, according to the Journal’s analysis. Both funds have outperformed their benchmarks and the S&P 500 in the past three years after periods of mixed performance prior to rebranding.\nThe Sustainable Future Fund underwent the most dramatic change, shifting 75% of its portfolio to focus on sustainable firms, according to Putnam’s head of sustainable investing, Katherine Collins. “There are a wide range of approaches that folks are taking in developing sustainable funds, and for Putnam it was pretty far into the heavy-lift side of things.”\nStocks in energy firms like ConocoPhillips were dropped, and renewable-resource firms were added such as solar-panel makerSunrunInc.,which was a top contributor to the fund’s 2020 performance.\n“We’re happy not just with the numbers but with how those numbers have been generated,” Ms. Collins said.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889023432,"gmtCreate":1631093581726,"gmtModify":1676530465752,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889023432","repostId":"1175171654","repostType":4,"repost":{"id":"1175171654","kind":"news","pubTimestamp":1631093315,"share":"https://ttm.financial/m/news/1175171654?lang=&edition=fundamental","pubTime":"2021-09-08 17:28","market":"us","language":"en","title":"5 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1175171654","media":"Barron's","summary":"Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than j","content":"<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-trick, or one-stock, pony.</p>\n<p>He has other picks for growth investors as well as a new actively managed ETF: The Future Fund (ticker: FFND), designed to capitalized on 10 megatrends he sees changing the world.</p>\n<p>That fund is only a couple of weeks old. Black has been at the investing game for about 30 years, starting as a research analyst at Bernstein in 1992.</p>\n<p>After Bernstein, Black moved to the buy-side with stints at <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> Asset Management, Janus and Aegon, among others. After a brief respite following Aegon, Black jumped into the world of actively managed ETFs.</p>\n<p>He sat down with Barron’s to talk about his new fund, his approach to investing and some of the stocks he’s invested in. An edited version of the conversation follows.</p>\n<p><b>Barron’s: </b>We probably have to start with Tesla (TSLA). How do you value Tesla stock?</p>\n<p><b>Black:</b> I take where I think global [car sales are] going to be in about five years, and I take the EV adoption–it will get to 25% by 2025. This is the big investment controversy on Tesla: As competitors enter the market, can it keep its roughly 25% EV share? If it can, I get about $32 or so of earnings in 2025. And if I even put a 50 multiple on it, which is pretty low given projected 55% average annual earnings growth. I get a $1,600 price. And that’s worth about $1,100 today.</p>\n<p><b>Market share is the big controversy? What about self-driving cars?</b></p>\n<p>Stop saying Tesla has valuation equal to $1,000 a share because of the EV business. And then another $1,000 because of robotaxis.</p>\n<p><b>Tesla robotaxis like Waymo won’t be a thing?</b></p>\n<p>I think you’re going to have commercial robotaxi. And you’re going to have consumer robotaxi.</p>\n<p>Tesla has a head start, but competitors, especially those from <a href=\"https://laohu8.com/S/CAAS\">China</a>, are offering more expensive systems with vision, lidar, radar and HD mapping allowing them to close the gap. Everyone will get there eventually–which Elon has said. Tesla’s features will still let Tesla sell more Teslas.</p>\n<p><b>Why did you start the Future Fund ETF?</b></p>\n<p>Secular growth [is] its cornerstone. We’re looking to capitalize on 10 secular megatrends that are changing the world.</p>\n<p><b>What are they?</b></p>\n<p>They are: [1] 24/7 information and entertainment, [2] social networking, [3] mobility–working from anywhere–[4] e-commerce, [5] fintech innovation, [6] big data and security, [7] people living longer, [8] lifestyle betterment, [9] automation and [10] sustainability. Those are the 10.</p>\n<p>And so what we try to do is find companies that [have] the megatrends as tailwinds. No. 1, we’re looking for high growth, 20% revenue growth. We’re looking for unlevered brands, meaning, brands that are very successful in, say, one segment, and they bring them into other segments, or brands that are successful in one geography, and can go global.</p>\n<p>No. 2, we’re looking for investment controversy. We’re looking for something where there is a fight, and where investors don’t agree. And that’s what creates opportunity.</p>\n<p><b>What’s your research process like?</b></p>\n<p>We go out, and I talk. We talk to a lot of competitors. When I was an analyst, I used to do focus groups. For 2,000 bucks, you could get 10 people in a room, and ask them why they don’t like about Beyond Meat [BYND] versus Impossible [Foods]. We can usually find information that gives me a research edge to answer the controversy.</p>\n<p><b>And how do you build your portfolio?</b></p>\n<p>We want a portfolio that’s high conviction, meaning no more than about 40 names. The top 10 names are about 40% of the portfolio. So that’s high conviction to me.</p>\n<p>We think we have very strong buy and sell discipline. When we put something in the portfolio, we want it to have at least 2:1 risk-adjusted upside versus downside.</p>\n<p><b>What else do you like, besides Tesla?</b></p>\n<p>We have Google [parent <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> ], which is changing the world. Google is a mega cap stock just like Tesla is. But we think You Tube is 24/7 information and entertainment. YouTube is way undervalued. They’re still monetizing [search]. It has good 15% to 20% revenue growth. At 22 times projected earnings, it’s still [an attractive] price to us.</p>\n<p>Another name we have is <a href=\"https://laohu8.com/S/CMG\">Chipotle Mexican Grill</a> [CMG]. It fits with this megatrend of eating healthy, staying fit. We call it lifestyle betterment. Their product innovation has been superb–they launched these rolled quesadillas, which are going to have monster 15% same-store sales comps for them in the third quarter. It’s a great stock for us. Not cheap. But it has high growth.</p>\n<p><b>How about a couple more?</b></p>\n<p>One of the names that’s controversial we own is Tencent [TCEHY]. It’s one of the largest Internet companies in the world. It has 1.2 billion WeChat users. We believe that Chinese regulatory fears are overdone. Tencent is now trading at about 25 times next year’s earnings. We view it as having probably 20% revenue growth for at least the next few years.</p>\n<p><a href=\"https://laohu8.com/S/GNRC\">Generac</a> [GNRC] is another one. We’ll call it a climate change stock. Because climate change is happening, you have a lot of wildfires. You have a lot of weather patterns that aren’t normal. And in new homes today, one of the most common features that people are putting is a generator.</p>\n<p><b>Can Generac sales be disrupted by battery storage in homes?</b></p>\n<p>Battery and solar powered walls and roofs are still expensive–$40,000. A Generac system starts at $2,000.</p>\n<p><b>One more?</b></p>\n<p>Snap [SNAP] is another name. If you have kids, Snap is one of the [apps] everybody’s using. The ARPU [or average revenue per user] is $13 annually, up about 30% over a year ago. Active users will be up about 20% this year. Do you use Tik Tok?</p>\n<p><b>No.</b></p>\n<p>The biggest risk to Snap is something else comes along that the 18 to 25-year-old crowd wants to use that’s better. And Tik Tok is a disrupter to Snap. But I have kids in this age group, three of them, and they all use Snap.</p>\n<p>The monetization has just begun. The global expansion has just begun. I think you have got at least three or four years of [growth].</p>\n<p>Thanks, Gary.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000</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 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 17:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a one-trick, or one-stock, pony.\nHe has other picks for growth investors as well as a new ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","FFND":"One Global ETF","SNAP":"Snap Inc","TCEHY":"腾讯控股ADR","GNRC":"Generac控股"},"source_url":"https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175171654","content_text":"Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a one-trick, or one-stock, pony.\nHe has other picks for growth investors as well as a new actively managed ETF: The Future Fund (ticker: FFND), designed to capitalized on 10 megatrends he sees changing the world.\nThat fund is only a couple of weeks old. Black has been at the investing game for about 30 years, starting as a research analyst at Bernstein in 1992.\nAfter Bernstein, Black moved to the buy-side with stints at Goldman Sachs Asset Management, Janus and Aegon, among others. After a brief respite following Aegon, Black jumped into the world of actively managed ETFs.\nHe sat down with Barron’s to talk about his new fund, his approach to investing and some of the stocks he’s invested in. An edited version of the conversation follows.\nBarron’s: We probably have to start with Tesla (TSLA). How do you value Tesla stock?\nBlack: I take where I think global [car sales are] going to be in about five years, and I take the EV adoption–it will get to 25% by 2025. This is the big investment controversy on Tesla: As competitors enter the market, can it keep its roughly 25% EV share? If it can, I get about $32 or so of earnings in 2025. And if I even put a 50 multiple on it, which is pretty low given projected 55% average annual earnings growth. I get a $1,600 price. And that’s worth about $1,100 today.\nMarket share is the big controversy? What about self-driving cars?\nStop saying Tesla has valuation equal to $1,000 a share because of the EV business. And then another $1,000 because of robotaxis.\nTesla robotaxis like Waymo won’t be a thing?\nI think you’re going to have commercial robotaxi. And you’re going to have consumer robotaxi.\nTesla has a head start, but competitors, especially those from China, are offering more expensive systems with vision, lidar, radar and HD mapping allowing them to close the gap. Everyone will get there eventually–which Elon has said. Tesla’s features will still let Tesla sell more Teslas.\nWhy did you start the Future Fund ETF?\nSecular growth [is] its cornerstone. We’re looking to capitalize on 10 secular megatrends that are changing the world.\nWhat are they?\nThey are: [1] 24/7 information and entertainment, [2] social networking, [3] mobility–working from anywhere–[4] e-commerce, [5] fintech innovation, [6] big data and security, [7] people living longer, [8] lifestyle betterment, [9] automation and [10] sustainability. Those are the 10.\nAnd so what we try to do is find companies that [have] the megatrends as tailwinds. No. 1, we’re looking for high growth, 20% revenue growth. We’re looking for unlevered brands, meaning, brands that are very successful in, say, one segment, and they bring them into other segments, or brands that are successful in one geography, and can go global.\nNo. 2, we’re looking for investment controversy. We’re looking for something where there is a fight, and where investors don’t agree. And that’s what creates opportunity.\nWhat’s your research process like?\nWe go out, and I talk. We talk to a lot of competitors. When I was an analyst, I used to do focus groups. For 2,000 bucks, you could get 10 people in a room, and ask them why they don’t like about Beyond Meat [BYND] versus Impossible [Foods]. We can usually find information that gives me a research edge to answer the controversy.\nAnd how do you build your portfolio?\nWe want a portfolio that’s high conviction, meaning no more than about 40 names. The top 10 names are about 40% of the portfolio. So that’s high conviction to me.\nWe think we have very strong buy and sell discipline. When we put something in the portfolio, we want it to have at least 2:1 risk-adjusted upside versus downside.\nWhat else do you like, besides Tesla?\nWe have Google [parent Alphabet ], which is changing the world. Google is a mega cap stock just like Tesla is. But we think You Tube is 24/7 information and entertainment. YouTube is way undervalued. They’re still monetizing [search]. It has good 15% to 20% revenue growth. At 22 times projected earnings, it’s still [an attractive] price to us.\nAnother name we have is Chipotle Mexican Grill [CMG]. It fits with this megatrend of eating healthy, staying fit. We call it lifestyle betterment. Their product innovation has been superb–they launched these rolled quesadillas, which are going to have monster 15% same-store sales comps for them in the third quarter. It’s a great stock for us. Not cheap. But it has high growth.\nHow about a couple more?\nOne of the names that’s controversial we own is Tencent [TCEHY]. It’s one of the largest Internet companies in the world. It has 1.2 billion WeChat users. We believe that Chinese regulatory fears are overdone. Tencent is now trading at about 25 times next year’s earnings. We view it as having probably 20% revenue growth for at least the next few years.\nGenerac [GNRC] is another one. We’ll call it a climate change stock. Because climate change is happening, you have a lot of wildfires. You have a lot of weather patterns that aren’t normal. And in new homes today, one of the most common features that people are putting is a generator.\nCan Generac sales be disrupted by battery storage in homes?\nBattery and solar powered walls and roofs are still expensive–$40,000. A Generac system starts at $2,000.\nOne more?\nSnap [SNAP] is another name. If you have kids, Snap is one of the [apps] everybody’s using. The ARPU [or average revenue per user] is $13 annually, up about 30% over a year ago. Active users will be up about 20% this year. Do you use Tik Tok?\nNo.\nThe biggest risk to Snap is something else comes along that the 18 to 25-year-old crowd wants to use that’s better. And Tik Tok is a disrupter to Snap. But I have kids in this age group, three of them, and they all use Snap.\nThe monetization has just begun. The global expansion has just begun. I think you have got at least three or four years of [growth].\nThanks, Gary.","news_type":1,"symbols_score_info":{"SNAP":0.9,"TSLA":0.9,"TCEHY":0.9,"FFND":0.9,"GNRC":0.9}},"isVote":1,"tweetType":1,"viewCount":909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":127466427,"gmtCreate":1624864443569,"gmtModify":1703846499286,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Spce?????","listText":"Spce?????","text":"Spce?????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127466427","repostId":"1123098396","repostType":4,"repost":{"id":"1123098396","kind":"news","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":1624864383,"share":"https://ttm.financial/m/news/1123098396?lang=&edition=fundamental","pubTime":"2021-06-28 15:13","market":"us","language":"en","title":"3 Stocks That Are On The Retail-Investor Radar Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1123098396","media":"Benzinga","summary":"The following three stocks are seeing high interest from retail investors on social media early Mond","content":"<p>The following three stocks are seeing high interest from retail investors on social media early Monday.</p>\n<p><b>GameStop Corp</b>(NYSE:GME):The video game retailer was the original short squeeze target of WallStreetBets in January&nbsp;and is seeing renewed interest. This year, the&nbsp;board of GameStop saw a rehaul&nbsp;after&nbsp;<b>Chewy Inc</b>(NYSE:CHWY) Ryan Cohen, who owns a 13% stake in the company,pushed for changes.</p>\n<p>At press time, GameStop topped the charts of the&nbsp;most discussed stonks&nbsp;on WSB with 170 mentions, ahead of&nbsp;<b>Clover Health Investments Corp</b>(NASDAQ:CLOV) and&nbsp;<b>AMC Entertainment Holdings Inc</b>(NYSE:AMC), respectively.</p>\n<p>GameStop shares closed 1.32% lower in Friday’s regular trading at $209.51. Its&nbsp;shares have soared 1,012% since the year began.</p>\n<p>Over the weekend, a trending post on WSB speculated that another GameStop run was on the horizon. The poster u/kamthegreatest wrote, “I think we're going to see another massive GME run again very soon.”</p>\n<p>The&nbsp;post&nbsp;was centered on “technical analysis” of the GameStop chart, which according to u/kamthegreatest is making an “apparent falling wedge.”</p>\n<p><b>Virgin Galactic Holdings Inc</b>(NYSE:SPCE):The Richard Branson-founded company is in the business of developing spacecraft that will take tourists into space. The company’s suborbital spacecraft is launched from a carrier airplane.</p>\n<p>Canaccord Genuity analyst Ken Herbert said Friday that the firm believes Virgin Galactic could push for&nbsp;Branson to be on the next crewed flight&nbsp;in early July.</p>\n<p>Virgin received a mega boost on the same day after it&nbsp;received the nod&nbsp;from the U.S. Federal Aviation Administration to fly passengers to space.</p>\n<p>Virgin Galactic shares soared 38.87% to $55.91&nbsp;on Friday in the regular session. The company’s shares have returned 135.6% on a year-to-date basis.</p>\n<p><b>Paysafe Ltd</b>(NYSE:PSFE)<b>:</b>The&nbsp;company offers payments services under the “Paysafe” and brands such as Skrill. Paysafe offers products like digital wallets, online payments, direct debit, point of sale and others. In the&nbsp;first quarter, it reported a 5% revenue increase year-over-year at $377.4 million. This missed an analyst consensus of $366.4 million. Net loss amounted to $49.1 million with EPS of negative $0.07 missing analyst estimates of minus $0.02.</p>\n<p>Paysafe is on the radar of the WSB crowd — with&nbsp;$12 as a&nbsp;key level to watch&nbsp;out for,&nbsp;according to Benzinga’s Tyler Bundy.</p>\n<p>On Friday, Paysafe shares closed 9.9% higher at $12.21 in the regular session and gained another 1.56% to $12.40 in the after-hours trading. On a YTD basis, Paysafe stock has declined 19.1%.</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>3 Stocks That Are On The Retail-Investor Radar Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks That Are On The Retail-Investor Radar Today\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\">2021-06-28 15:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The following three stocks are seeing high interest from retail investors on social media early Monday.</p>\n<p><b>GameStop Corp</b>(NYSE:GME):The video game retailer was the original short squeeze target of WallStreetBets in January&nbsp;and is seeing renewed interest. This year, the&nbsp;board of GameStop saw a rehaul&nbsp;after&nbsp;<b>Chewy Inc</b>(NYSE:CHWY) Ryan Cohen, who owns a 13% stake in the company,pushed for changes.</p>\n<p>At press time, GameStop topped the charts of the&nbsp;most discussed stonks&nbsp;on WSB with 170 mentions, ahead of&nbsp;<b>Clover Health Investments Corp</b>(NASDAQ:CLOV) and&nbsp;<b>AMC Entertainment Holdings Inc</b>(NYSE:AMC), respectively.</p>\n<p>GameStop shares closed 1.32% lower in Friday’s regular trading at $209.51. Its&nbsp;shares have soared 1,012% since the year began.</p>\n<p>Over the weekend, a trending post on WSB speculated that another GameStop run was on the horizon. The poster u/kamthegreatest wrote, “I think we're going to see another massive GME run again very soon.”</p>\n<p>The&nbsp;post&nbsp;was centered on “technical analysis” of the GameStop chart, which according to u/kamthegreatest is making an “apparent falling wedge.”</p>\n<p><b>Virgin Galactic Holdings Inc</b>(NYSE:SPCE):The Richard Branson-founded company is in the business of developing spacecraft that will take tourists into space. The company’s suborbital spacecraft is launched from a carrier airplane.</p>\n<p>Canaccord Genuity analyst Ken Herbert said Friday that the firm believes Virgin Galactic could push for&nbsp;Branson to be on the next crewed flight&nbsp;in early July.</p>\n<p>Virgin received a mega boost on the same day after it&nbsp;received the nod&nbsp;from the U.S. Federal Aviation Administration to fly passengers to space.</p>\n<p>Virgin Galactic shares soared 38.87% to $55.91&nbsp;on Friday in the regular session. The company’s shares have returned 135.6% on a year-to-date basis.</p>\n<p><b>Paysafe Ltd</b>(NYSE:PSFE)<b>:</b>The&nbsp;company offers payments services under the “Paysafe” and brands such as Skrill. Paysafe offers products like digital wallets, online payments, direct debit, point of sale and others. In the&nbsp;first quarter, it reported a 5% revenue increase year-over-year at $377.4 million. This missed an analyst consensus of $366.4 million. Net loss amounted to $49.1 million with EPS of negative $0.07 missing analyst estimates of minus $0.02.</p>\n<p>Paysafe is on the radar of the WSB crowd — with&nbsp;$12 as a&nbsp;key level to watch&nbsp;out for,&nbsp;according to Benzinga’s Tyler Bundy.</p>\n<p>On Friday, Paysafe shares closed 9.9% higher at $12.21 in the regular session and gained another 1.56% to $12.40 in the after-hours trading. On a YTD basis, Paysafe stock has declined 19.1%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","AMC":"AMC院线","SPCE":"维珍银河","PSFE":"Paysafe Ltd","CHWY":"Chewy, Inc.","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123098396","content_text":"The following three stocks are seeing high interest from retail investors on social media early Monday.\nGameStop Corp(NYSE:GME):The video game retailer was the original short squeeze target of WallStreetBets in January and is seeing renewed interest. This year, the board of GameStop saw a rehaul after Chewy Inc(NYSE:CHWY) Ryan Cohen, who owns a 13% stake in the company,pushed for changes.\nAt press time, GameStop topped the charts of the most discussed stonks on WSB with 170 mentions, ahead of Clover Health Investments Corp(NASDAQ:CLOV) and AMC Entertainment Holdings Inc(NYSE:AMC), respectively.\nGameStop shares closed 1.32% lower in Friday’s regular trading at $209.51. Its shares have soared 1,012% since the year began.\nOver the weekend, a trending post on WSB speculated that another GameStop run was on the horizon. The poster u/kamthegreatest wrote, “I think we're going to see another massive GME run again very soon.”\nThe post was centered on “technical analysis” of the GameStop chart, which according to u/kamthegreatest is making an “apparent falling wedge.”\nVirgin Galactic Holdings Inc(NYSE:SPCE):The Richard Branson-founded company is in the business of developing spacecraft that will take tourists into space. The company’s suborbital spacecraft is launched from a carrier airplane.\nCanaccord Genuity analyst Ken Herbert said Friday that the firm believes Virgin Galactic could push for Branson to be on the next crewed flight in early July.\nVirgin received a mega boost on the same day after it received the nod from the U.S. Federal Aviation Administration to fly passengers to space.\nVirgin Galactic shares soared 38.87% to $55.91 on Friday in the regular session. The company’s shares have returned 135.6% on a year-to-date basis.\nPaysafe Ltd(NYSE:PSFE):The company offers payments services under the “Paysafe” and brands such as Skrill. Paysafe offers products like digital wallets, online payments, direct debit, point of sale and others. In the first quarter, it reported a 5% revenue increase year-over-year at $377.4 million. This missed an analyst consensus of $366.4 million. Net loss amounted to $49.1 million with EPS of negative $0.07 missing analyst estimates of minus $0.02.\nPaysafe is on the radar of the WSB crowd — with $12 as a key level to watch out for, according to Benzinga’s Tyler Bundy.\nOn Friday, Paysafe shares closed 9.9% higher at $12.21 in the regular session and gained another 1.56% to $12.40 in the after-hours trading. On a YTD basis, Paysafe stock has declined 19.1%.","news_type":1,"symbols_score_info":{"PSFE":0.9,"SPCE":0.9,"AMC":0.9,"CHWY":0.9,"GME":0.9,"CLOV":0.9}},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884868443,"gmtCreate":1631879808082,"gmtModify":1676530659802,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/884868443","repostId":"1102595384","repostType":4,"repost":{"id":"1102595384","kind":"news","pubTimestamp":1631879657,"share":"https://ttm.financial/m/news/1102595384?lang=&edition=fundamental","pubTime":"2021-09-17 19:54","market":"us","language":"en","title":"Sea Limited: It's All About Expectations And Discount Rate","url":"https://stock-news.laohu8.com/highlight/detail?id=1102595384","media":"Seeking Alpha","summary":"Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Since our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.</li>\n <li>Our approach now is similar but instead of stretching consensus, we rely on it and check what is the implied discount rate which delivers the current share price.</li>\n <li>We have tried to assess the most appropriate discount rate and we believe there is enough evidence of a current mismatch between current valuation and the appropriate discount rate.</li>\n <li>The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace which might lead to new taxes in SE markets.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/573f2b1b0d40da30f023491c4ab630f4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Astragal/iStock via Getty Images</span></p>\n<p><b>Investment thesis</b></p>\n<p>When we first looked at Sea Limited (SE)&nbsp;in April 2021, the stock was trading at USD 274 per share, and we considered the stock almost fairly valued in the best of all possible scenarios. Since then, the stock has raised a further 20% and is trading at more than USD 330 per share. We are now reviewing our valuation approach, which in April was based on stressing consensus to check to which extent it should have been stretched to match the market cap at that time. Our approach now is similar, but instead of stretching consensus, we rely on it and check the implied discount rate that delivers the current share price. Instead of working on estimates, we are working on the discount rate.</p>\n<p>We have tried to assess the most appropriate discount rate, and we believe there is enough evidence of a current mismatch between the current valuation and the appropriate discount rate. In our view, the discount rate which justifies the current share price is far lower than the most appropriate one. The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace, which might lead to new taxes in SE markets.</p>\n<p><b>Revenue guidance for 2021 was raised after Q2.</b></p>\n<p>In Q1, management guided Garena’s revenues between USD 4.3 bln and USD 4.5 bln (38% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to USD 4.5 bln and USD 4.7 bln (44% YoY growth assuming guidance midpoint).</p>\n<p>Shopee revenues in Q1 were guided between $4.5 bln and $4.7 bln (112% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to $4.7 bln and $4.9 bln (121% YoY growth assuming guidance midpoint).</p>\n<p>It is worth noting in the table below that, while consensus has fairly factored higher FY21 revenues guidance on both Garena and Shopee, EBITDA compared to April 2021 has been downward revised at a consolidated level not only in 2021. EBITDA has been cut from 2021 to 2026.</p>\n<p>In other words, revenue growth leads to lower operating margins over the next five years, but the equity value is growing. EBITDA from 2026 onward is higher than previously expected (USD 866 mln in 2030), and thus Terminal Value is driving equity value higher.</p>\n<p>Basically, the consensus is shifting towards terminal value, which carries higher risk, but market valuation is increasing.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1e95c9ddadd6d8ff7bd0ebb8b595bdf\" tg-width=\"640\" tg-height=\"105\" width=\"100%\" height=\"auto\"><span>Source: Bloomberg data as of September 13, 2021</span></p>\n<p><b>Valuation approach (Sea – USD 330 per share as of September 13, 2021)Trying to assess the discount rate</b></p>\n<p>The key issue behind SE valuation is trying to assess an appropriate discount rate. Since the company's net financial position is cash positive (total financial debt – cash and cash equivalent), the WACC is equal to the Cost of Equity.</p>\n<p>Relying on CAPM (Capital Asset Pricing Model) to estimate the cost of equity raises some concerns. According to CAPM, Ke = Risk-free + Beta x Market Risk Premium.</p>\n<p>Here the main concerns are:</p>\n<p><b>1. What is the beta for SE?</b></p>\n<p>We have tried to assess SE beta and checked SE correlation to the market (table 2, 3, 4, and 5). The highest correlation is toward S&amp;P500, but linear Beta, Beta +/-, and non-parametric all show an R^2 around 0.4, which indicates that SE is decorrelated from the S&amp;P 500 Index (a similar story for other indexes). Beta is thus not useful to the extent of our analysis.</p>\n<p>Source: Moat Investing elaboration on Bloomberg data</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c592c8312acabe90c741a507a038bf8b\" tg-width=\"640\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/704203388ec2befc8cd12672b1cee669\" tg-width=\"640\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8144b2df488ed4dad74084b63cece566\" tg-width=\"605\" tg-height=\"236\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p><b>2. What is the Market Risk Premium?</b></p>\n<p>This is the most controversial element in the CAPM. The risk premium should reflect the “premium” required by equity holders on top of the risk-free.</p>\n<p>We must keep present that SE's key market is South Asia. Thus, in our view, we should add a country risk adjustment to consider it. If we were using US Market Risk Premium, we would underestimate the risk related to the geographical areas where SE operates.</p>\n<p>We have thus adjusted the Market Risk Premium factoring in Country Risk Premium calculated by considering the spread between Indonesian and US treasuries at 10y.</p>\n<p>Adjusting for country premium, the appropriate cost of equity for SE would be 15.3% (see chart 6). Assuming an appropriate Beta would be even higher.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33df371ce03f740a6a6b0ffcaa5b8680\" tg-width=\"640\" tg-height=\"129\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing elaboration on Bloomberg data</span></p>\n<p><b>3. What is the appropriate terminal growth rate?</b></p>\n<p>We estimate the terminal growth by calculating the reinvestment rate (% of FCFF reinvested as CAPEX) and the sustainable ROI. We believe our 3.5% terminal growth is rather sustainable as the company is reinvesting over 20% of its free cash flows and has a sustainable ROI of around 20%.</p>\n<p><b>DCF valuation and sensitivity analysis</b></p>\n<p>We have run a DCF totally based on consensus estimates from 2021 to 2030. The idea behind this analysis is to check the discount rate (Ke = WACC), which delivers an equity value in line with the current market cap.</p>\n<p>Factoring a 3.5% terminal growth rate and the fully diluted number of shares, the discount rate, which delivers around USD 180 bn market cap, is 7.7%!</p>\n<p><b>DCF</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eca0d9f0aea2257f2693e119fff4d735\" tg-width=\"640\" tg-height=\"321\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing</span></p>\n<p>We have thus run a sensitivity analysis by simply changing the discount rate as we believe that the cost of equity for SE should be adjusted for a country's risk premium.</p>\n<p>What happens if we increase the discount rate to around 15%? SE equity would be worth around USD 40 bn, some 70% less than the current value.</p>\n<p><b>Sensitivity</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e6789c9d7c55fcf1c2cceb6a8a66446\" tg-width=\"640\" tg-height=\"253\" width=\"100%\" height=\"auto\"><span>Source: Moat Investing</span></p>\n<p>The fallacy of valuation through multiples and peer analysis</p>\n<p>We have seen some sell-side equity researches where the target price is calculated as a sum of the parts of the three businesses (Garena, Shopee, and Sea Money) where:</p>\n<ol>\n <li>Garena is valued using a P/E of 20x its foreseeable earnings in 2023.</li>\n <li>Shopee is valued using a DCF with a discount rate of around 8% and a terminal growth rate above 3.5%.</li>\n <li>Sea Money is valued using a totally invented multiple on its future GTV of 0.20x, where the correlation between GTV and equity value is questionable.</li>\n</ol>\n<p>Some analysts compare Garena to<i>Tencent</i>(OTCPK:TCEHY)(OTCPK:TCTZF), Sea Money to<i>Visa</i>(NYSE:V)<i>, Mastercard</i>(NYSE:MA)<i>and Adyen</i>, Shopee to<i>Amazon</i>(NASDAQ:AMZN)<i>, and Alibaba</i>(NYSE:BABA)(OTCPK:BABAF).</p>\n<p>We believe this valuation approach does not work and, in most cases, leads to misleading results. Garena is a rather new player, and comparing it to an over USD 500 bn market cap company with stable business sounds like nonsense. The same story for Sea Money compared to players who have a completely different business model.</p>\n<p>What could drive value creation for SEUpward revision of current estimates led by new acquisitions</p>\n<p>SE has recently announced it intends to raise USD 6.8 bn funds through an equity offering (some USD 3.9 bn) and convertible note issuance (some USD 2.9 bn). After the fundraising, SE would rely upon around USD 12.8 bn to support further Shopee expansion in Europe and India.</p>\n<p>Leverage of the balance sheet</p>\n<p>SE might decide to leverage the balance sheet by injecting debt which would lower the overall cost of capital. We believe this would be a viable strategy, although it might not come before 3 to 5 years when the company's cash flows would be robust enough to support massive leverage.</p>\n<p><b>Main risks</b></p>\n<p>We believe the main risks for the SE equity case are:</p>\n<ol>\n <li>The expectations around Garena and its embedded valuation. Garena is valued at around USD 60bn. Its value would drop significantly if it is unable to launch new successful games like Free Fire, and/or its margins would be lower as a result of a shift from in-house game development to third parties licensed games.</li>\n <li>The regulatory risks on its marketplace, which might lead to new taxes in SE markets.</li>\n</ol>\n<p><b>Conclusion</b></p>\n<p>At this stage, investors have these viable options:</p>\n<ol>\n <li>Believe that market estimates will be upward revised in the future as SE would continue to deliver significant growth.</li>\n <li>Believe that in the future as SE would command a more balanced D/E structure.</li>\n <li>Investing in SE assuming 7.7% potential return if 1) and/or 2) (or a mix of) would not happen.</li>\n</ol>\n<p>We think there is enough evidence to believe that the SE market cap has gone too far despite its solid business model. Factoring into current estimates, the appropriate hurdle rate might lead to far lower valuation evidence.</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>Sea Limited: It's All About Expectations And Discount Rate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: It's All About Expectations And Discount Rate\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 19:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.\nOur approach now is similar but ...</p>\n\n<a href=\"https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4455687-sea-limited-its-all-about-expectations-and-discount-rate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102595384","content_text":"Summary\n\nSince our first valuation of the stock, the price has gone up more than 20%. At that time, we considered the company to be fairly valued in the best scenario.\nOur approach now is similar but instead of stretching consensus, we rely on it and check what is the implied discount rate which delivers the current share price.\nWe have tried to assess the most appropriate discount rate and we believe there is enough evidence of a current mismatch between current valuation and the appropriate discount rate.\nThe main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace which might lead to new taxes in SE markets.\n\nAstragal/iStock via Getty Images\nInvestment thesis\nWhen we first looked at Sea Limited (SE) in April 2021, the stock was trading at USD 274 per share, and we considered the stock almost fairly valued in the best of all possible scenarios. Since then, the stock has raised a further 20% and is trading at more than USD 330 per share. We are now reviewing our valuation approach, which in April was based on stressing consensus to check to which extent it should have been stretched to match the market cap at that time. Our approach now is similar, but instead of stretching consensus, we rely on it and check the implied discount rate that delivers the current share price. Instead of working on estimates, we are working on the discount rate.\nWe have tried to assess the most appropriate discount rate, and we believe there is enough evidence of a current mismatch between the current valuation and the appropriate discount rate. In our view, the discount rate which justifies the current share price is far lower than the most appropriate one. The main risks we see are the expectations around Garena and its embedded valuation and the regulatory risks on its marketplace, which might lead to new taxes in SE markets.\nRevenue guidance for 2021 was raised after Q2.\nIn Q1, management guided Garena’s revenues between USD 4.3 bln and USD 4.5 bln (38% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to USD 4.5 bln and USD 4.7 bln (44% YoY growth assuming guidance midpoint).\nShopee revenues in Q1 were guided between $4.5 bln and $4.7 bln (112% YoY growth assuming guidance midpoint). After Q2, the guidance has been lifted to $4.7 bln and $4.9 bln (121% YoY growth assuming guidance midpoint).\nIt is worth noting in the table below that, while consensus has fairly factored higher FY21 revenues guidance on both Garena and Shopee, EBITDA compared to April 2021 has been downward revised at a consolidated level not only in 2021. EBITDA has been cut from 2021 to 2026.\nIn other words, revenue growth leads to lower operating margins over the next five years, but the equity value is growing. EBITDA from 2026 onward is higher than previously expected (USD 866 mln in 2030), and thus Terminal Value is driving equity value higher.\nBasically, the consensus is shifting towards terminal value, which carries higher risk, but market valuation is increasing.\nSource: Bloomberg data as of September 13, 2021\nValuation approach (Sea – USD 330 per share as of September 13, 2021)Trying to assess the discount rate\nThe key issue behind SE valuation is trying to assess an appropriate discount rate. Since the company's net financial position is cash positive (total financial debt – cash and cash equivalent), the WACC is equal to the Cost of Equity.\nRelying on CAPM (Capital Asset Pricing Model) to estimate the cost of equity raises some concerns. According to CAPM, Ke = Risk-free + Beta x Market Risk Premium.\nHere the main concerns are:\n1. What is the beta for SE?\nWe have tried to assess SE beta and checked SE correlation to the market (table 2, 3, 4, and 5). The highest correlation is toward S&P500, but linear Beta, Beta +/-, and non-parametric all show an R^2 around 0.4, which indicates that SE is decorrelated from the S&P 500 Index (a similar story for other indexes). Beta is thus not useful to the extent of our analysis.\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\nSource: Moat Investing elaboration on Bloomberg data\n2. What is the Market Risk Premium?\nThis is the most controversial element in the CAPM. The risk premium should reflect the “premium” required by equity holders on top of the risk-free.\nWe must keep present that SE's key market is South Asia. Thus, in our view, we should add a country risk adjustment to consider it. If we were using US Market Risk Premium, we would underestimate the risk related to the geographical areas where SE operates.\nWe have thus adjusted the Market Risk Premium factoring in Country Risk Premium calculated by considering the spread between Indonesian and US treasuries at 10y.\nAdjusting for country premium, the appropriate cost of equity for SE would be 15.3% (see chart 6). Assuming an appropriate Beta would be even higher.\nSource: Moat Investing elaboration on Bloomberg data\n3. What is the appropriate terminal growth rate?\nWe estimate the terminal growth by calculating the reinvestment rate (% of FCFF reinvested as CAPEX) and the sustainable ROI. We believe our 3.5% terminal growth is rather sustainable as the company is reinvesting over 20% of its free cash flows and has a sustainable ROI of around 20%.\nDCF valuation and sensitivity analysis\nWe have run a DCF totally based on consensus estimates from 2021 to 2030. The idea behind this analysis is to check the discount rate (Ke = WACC), which delivers an equity value in line with the current market cap.\nFactoring a 3.5% terminal growth rate and the fully diluted number of shares, the discount rate, which delivers around USD 180 bn market cap, is 7.7%!\nDCF\nSource: Moat Investing\nWe have thus run a sensitivity analysis by simply changing the discount rate as we believe that the cost of equity for SE should be adjusted for a country's risk premium.\nWhat happens if we increase the discount rate to around 15%? SE equity would be worth around USD 40 bn, some 70% less than the current value.\nSensitivity\nSource: Moat Investing\nThe fallacy of valuation through multiples and peer analysis\nWe have seen some sell-side equity researches where the target price is calculated as a sum of the parts of the three businesses (Garena, Shopee, and Sea Money) where:\n\nGarena is valued using a P/E of 20x its foreseeable earnings in 2023.\nShopee is valued using a DCF with a discount rate of around 8% and a terminal growth rate above 3.5%.\nSea Money is valued using a totally invented multiple on its future GTV of 0.20x, where the correlation between GTV and equity value is questionable.\n\nSome analysts compare Garena toTencent(OTCPK:TCEHY)(OTCPK:TCTZF), Sea Money toVisa(NYSE:V), Mastercard(NYSE:MA)and Adyen, Shopee toAmazon(NASDAQ:AMZN), and Alibaba(NYSE:BABA)(OTCPK:BABAF).\nWe believe this valuation approach does not work and, in most cases, leads to misleading results. Garena is a rather new player, and comparing it to an over USD 500 bn market cap company with stable business sounds like nonsense. The same story for Sea Money compared to players who have a completely different business model.\nWhat could drive value creation for SEUpward revision of current estimates led by new acquisitions\nSE has recently announced it intends to raise USD 6.8 bn funds through an equity offering (some USD 3.9 bn) and convertible note issuance (some USD 2.9 bn). After the fundraising, SE would rely upon around USD 12.8 bn to support further Shopee expansion in Europe and India.\nLeverage of the balance sheet\nSE might decide to leverage the balance sheet by injecting debt which would lower the overall cost of capital. We believe this would be a viable strategy, although it might not come before 3 to 5 years when the company's cash flows would be robust enough to support massive leverage.\nMain risks\nWe believe the main risks for the SE equity case are:\n\nThe expectations around Garena and its embedded valuation. Garena is valued at around USD 60bn. Its value would drop significantly if it is unable to launch new successful games like Free Fire, and/or its margins would be lower as a result of a shift from in-house game development to third parties licensed games.\nThe regulatory risks on its marketplace, which might lead to new taxes in SE markets.\n\nConclusion\nAt this stage, investors have these viable options:\n\nBelieve that market estimates will be upward revised in the future as SE would continue to deliver significant growth.\nBelieve that in the future as SE would command a more balanced D/E structure.\nInvesting in SE assuming 7.7% potential return if 1) and/or 2) (or a mix of) would not happen.\n\nWe think there is enough evidence to believe that the SE market cap has gone too far despite its solid business model. Factoring into current estimates, the appropriate hurdle rate might lead to far lower valuation evidence.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128326844,"gmtCreate":1624502685288,"gmtModify":1703838576699,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Tesla????","listText":"Tesla????","text":"Tesla????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/128326844","repostId":"2145156570","repostType":4,"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105692376,"gmtCreate":1620295525095,"gmtModify":1704341486539,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Flying to the moon?","listText":"Flying to the moon?","text":"Flying to the moon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/105692376","repostId":"1197402336","repostType":4,"repost":{"id":"1197402336","kind":"news","pubTimestamp":1620273156,"share":"https://ttm.financial/m/news/1197402336?lang=&edition=fundamental","pubTime":"2021-05-06 11:52","market":"us","language":"en","title":"Is Ethereum Classic's Outpacing Of Bitcoin, Ethereum, Dogecoin Gains All About Being 'Cheaper?'","url":"https://stock-news.laohu8.com/highlight/detail?id=1197402336","media":"Benzinga","summary":"Gains in Ethereum Classic(ETC) continue to outpace the ones made by the cryptocurrency’s peers Bitco","content":"<div>\n<p>Gains in Ethereum Classic(ETC) continue to outpace the ones made by the cryptocurrency’s peers Bitcoin(BTC),Ethereum(ETH), andDogecoin(DOGE), which all enjoy larger market capitalizations.What ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/05/20980403/is-ethereum-classics-outpacing-of-bitcoin-ethereum-dogecoin-gains-all-about-being-cheaper\">Web Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Ethereum Classic's Outpacing Of Bitcoin, Ethereum, Dogecoin Gains All About Being 'Cheaper?'</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 Ethereum Classic's Outpacing Of Bitcoin, Ethereum, Dogecoin Gains All About Being 'Cheaper?'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 11:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cannabis/21/05/20980403/is-ethereum-classics-outpacing-of-bitcoin-ethereum-dogecoin-gains-all-about-being-cheaper><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gains in Ethereum Classic(ETC) continue to outpace the ones made by the cryptocurrency’s peers Bitcoin(BTC),Ethereum(ETH), andDogecoin(DOGE), which all enjoy larger market capitalizations.What ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/05/20980403/is-ethereum-classics-outpacing-of-bitcoin-ethereum-dogecoin-gains-all-about-being-cheaper\">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.benzinga.com/markets/cannabis/21/05/20980403/is-ethereum-classics-outpacing-of-bitcoin-ethereum-dogecoin-gains-all-about-being-cheaper","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197402336","content_text":"Gains in Ethereum Classic(ETC) continue to outpace the ones made by the cryptocurrency’s peers Bitcoin(BTC),Ethereum(ETH), andDogecoin(DOGE), which all enjoy larger market capitalizations.What Happened:ETC has soared 160.83% in a seven-day trailing period, while BTC and ETH have risen 3.54% and 26.80% in a similar period, according to CoinMarketCap data.At press time on Wednesday night, ETC traded 16.85% higher at $90.06 in a 24-hour period. BTC was up 4.46% at $57,201.19 and ETH was higher by 3.71% at $3,484.ETC is trading 10.43% below the all-time high of $100.03 it reached on Wednesday.Ethereum Classiccame into existenceafter a hard fork of the Ethereum blockchain took place in 2016 due to prevailing disagreements at the time in the community.Barry Silbert — CEO of Digital Currency Group, which owns Grayscale — is a well-known proponent of ETC.On Wednesday, Ethereum Classic noted that theGrayscale Ethereum Classic Trust(OTC:ETCG) has over $1 billion in assets under management.ETCG closed 27.76% higher at $67.15 on Wednesday.Why It Matters:ETC has caught the attention of the social media investment crowd. The cryptocurrency’s ticker featured in the Stocktwits list of top 10 trending streams at press time.The rise in ETC is despite the fact that it is not typically classified as an “Ethereum Killer,” which is thecase with several coinssuch asPolkadot(DOT),Solana(SOL), andCardano(ADA).Synergia Capital’s head of research, Denis Vinokourov, said that the rise in ETC “appears to be dominated by ‘cheaper’ Ethereum play and retail flow that has pushed DOGE to sky-high levels,” CoinDeskreported, dubbing the surge in ETC as a sign of froth in the cryptocurrency market.ETC’s retail fueled rise is similar to the story ofDogecoin(DOGE), which has soared 13,604.64% since the year began. However, even DOGE’s weekly gains of 102.68% are weaker than those of ETC. DOGE traded 6.63% higher at $0.63 at press time.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860746754,"gmtCreate":1632220101578,"gmtModify":1676530727523,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/860746754","repostId":"1178869256","repostType":4,"isVote":1,"tweetType":1,"viewCount":3025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185496917,"gmtCreate":1623665051139,"gmtModify":1704208121409,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Kroger","listText":"Kroger","text":"Kroger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/185496917","repostId":"1146430910","repostType":4,"repost":{"id":"1146430910","kind":"news","pubTimestamp":1623624483,"share":"https://ttm.financial/m/news/1146430910?lang=&edition=fundamental","pubTime":"2021-06-14 06:48","market":"us","language":"en","title":"Oracle, Adobe, Kroger, General Motors, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1146430910","media":"Barrons","summary":"It’s another quiet week on the earnings front. Oracle on Tuesday, Lennar on Wednesday, and Adobe and","content":"<p>It’s another quiet week on the earnings front. Oracle on Tuesday, Lennar on Wednesday, and Adobe and Kroger on&nbsp;Thursday make up&nbsp;the notable reports over the coming days.</p>\n<p>Several other companies will speak with investors this week.&nbsp;Activision Blizzard and General Motors host their annual shareholder meetings on Monday, followed by Humana’s investor day on Tuesday and events by&nbsp;DXC Technology and NRG Energy on Thursday.</p>\n<p>The main event on the economic calendar this week will be the&nbsp;Federal Reserve’s rate-setting committee’s June meeting on Tuesday and Wednesday. The committee’s monetary-policy decision and a post-meeting press conference with Chairman&nbsp;Jerome Powell will be the focus of attention on Wednesday afternoon. Talk of inflation and bond-purchase tapering will be on the agenda.</p>\n<p>Data out this week include the Bureau of Labor Statistics’ producer price index for May and the Census Bureau’s retail-sales data for May, both on Tuesday, followed by the Conference Board’s Leading Economic Index for May on Thursday. There will also be data on the U.S. housing market out on Tuesday and Wednesday.</p>\n<p><b>Monday 6/14</b></p>\n<p>Roche Holding&nbsp;presents data on its spinal muscular atrophy drug, Evrysdi, at the 2021 CureSMA annual meeting.</p>\n<p>Activision Blizzard and General Motors hold their annual shareholder meetings.</p>\n<p><b>Tuesday 6/15</b></p>\n<p>Oracle announces fiscal fourth-quarter and full-year 2021 results.</p>\n<p>Humana hosts its biennial investor day virtually.</p>\n<p><b>The National Association</b>&nbsp;of Home Builders releases its Housing Market Index for June. Economists forecast an 83 reading, matching the May figure. Home builders remain very bullish on the housing market but are concerned about the availability and cost of building materials.</p>\n<p><b>The Census Bureau</b>&nbsp;reports retail-sales data for May. Expectations are for a 0.5% month-over-month decline, following a flat April. Excluding autos, spending is seen rising 0.6%, compared with a 0.8% decrease previously.</p>\n<p><b>The Bureau of Labor</b>&nbsp;Statistics releases the producer price index for May. Consensus estimate is for a 0.4% monthly increase, with the core PPI, which excludes volatile food and energy prices, expected to rise 0.4% as well. This compares with gains of 0.6% and 0.7%, respectively, in April.</p>\n<p><b>Wednesday 6/16</b></p>\n<p><b>The FOMC announces</b>&nbsp;its monetary-policy decision. With the federal-funds rate all but certain to remain near zero, Wall Street is looking for clues as to when the Federal Reserve might scale back its bond purchases.</p>\n<p>Lennar reports quarterly results.</p>\n<p><b>The Census Bureau</b>&nbsp;reports new residential construction data for May. The economists forecast a seasonally adjusted annual rate of 1.63 million housing starts, slightly higher than April’s data. Housing starts are just below their post-financial-crisis peak of 1.73 million from March.</p>\n<p><b>Thursday 6/17</b></p>\n<p>Adobe and Kroger hold conference calls to discuss earnings.</p>\n<p>DXC Technology and NRG Energy hold their 2021 investor days.</p>\n<p><b>The Conference Board</b>&nbsp;releases its Leading Economic Index for May. The LEI is expected to rise 1.1% month over month to 114.5, after gaining 1.6% in April. The index has now surpassed its pre-Covid peak, set back in January of 2020. The Conference Board now projects 8% to 9% annualized gross-domestic-product growth for the second quarter, and 6.4% for the year.</p>\n<p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on June 15. Jobless claims this past week were 376,000, the lowest total since March of 2020.</p>\n<p><b>Friday 6/18</b></p>\n<p><b>The Bank of Japan</b>&nbsp;announces its monetary-policy decision. The central bank is widely expected to keep its key interest rate at negative 0.1%. The BOJ recently updated its GDP forecast to 4% growth for fiscal 2021 and 2.4% for fiscal 2022.</p>","source":"lsy1601382232898","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>Oracle, Adobe, Kroger, General Motors, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOracle, Adobe, Kroger, General Motors, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 06:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/oracle-adobe-kroger-general-motors-and-other-stocks-for-investors-to-watch-this-week-51623610821?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s another quiet week on the earnings front. Oracle on Tuesday, Lennar on Wednesday, and Adobe and Kroger on Thursday make up the notable reports over the coming days.\nSeveral other companies will ...</p>\n\n<a href=\"https://www.barrons.com/articles/oracle-adobe-kroger-general-motors-and-other-stocks-for-investors-to-watch-this-week-51623610821?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","ADBE":"Adobe",".IXIC":"NASDAQ Composite","GM":"通用汽车","ORCL":"甲骨文",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/oracle-adobe-kroger-general-motors-and-other-stocks-for-investors-to-watch-this-week-51623610821?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146430910","content_text":"It’s another quiet week on the earnings front. Oracle on Tuesday, Lennar on Wednesday, and Adobe and Kroger on Thursday make up the notable reports over the coming days.\nSeveral other companies will speak with investors this week. Activision Blizzard and General Motors host their annual shareholder meetings on Monday, followed by Humana’s investor day on Tuesday and events by DXC Technology and NRG Energy on Thursday.\nThe main event on the economic calendar this week will be the Federal Reserve’s rate-setting committee’s June meeting on Tuesday and Wednesday. The committee’s monetary-policy decision and a post-meeting press conference with Chairman Jerome Powell will be the focus of attention on Wednesday afternoon. Talk of inflation and bond-purchase tapering will be on the agenda.\nData out this week include the Bureau of Labor Statistics’ producer price index for May and the Census Bureau’s retail-sales data for May, both on Tuesday, followed by the Conference Board’s Leading Economic Index for May on Thursday. There will also be data on the U.S. housing market out on Tuesday and Wednesday.\nMonday 6/14\nRoche Holding presents data on its spinal muscular atrophy drug, Evrysdi, at the 2021 CureSMA annual meeting.\nActivision Blizzard and General Motors hold their annual shareholder meetings.\nTuesday 6/15\nOracle announces fiscal fourth-quarter and full-year 2021 results.\nHumana hosts its biennial investor day virtually.\nThe National Association of Home Builders releases its Housing Market Index for June. Economists forecast an 83 reading, matching the May figure. Home builders remain very bullish on the housing market but are concerned about the availability and cost of building materials.\nThe Census Bureau reports retail-sales data for May. Expectations are for a 0.5% month-over-month decline, following a flat April. Excluding autos, spending is seen rising 0.6%, compared with a 0.8% decrease previously.\nThe Bureau of Labor Statistics releases the producer price index for May. Consensus estimate is for a 0.4% monthly increase, with the core PPI, which excludes volatile food and energy prices, expected to rise 0.4% as well. This compares with gains of 0.6% and 0.7%, respectively, in April.\nWednesday 6/16\nThe FOMC announces its monetary-policy decision. With the federal-funds rate all but certain to remain near zero, Wall Street is looking for clues as to when the Federal Reserve might scale back its bond purchases.\nLennar reports quarterly results.\nThe Census Bureau reports new residential construction data for May. The economists forecast a seasonally adjusted annual rate of 1.63 million housing starts, slightly higher than April’s data. Housing starts are just below their post-financial-crisis peak of 1.73 million from March.\nThursday 6/17\nAdobe and Kroger hold conference calls to discuss earnings.\nDXC Technology and NRG Energy hold their 2021 investor days.\nThe Conference Board releases its Leading Economic Index for May. The LEI is expected to rise 1.1% month over month to 114.5, after gaining 1.6% in April. The index has now surpassed its pre-Covid peak, set back in January of 2020. The Conference Board now projects 8% to 9% annualized gross-domestic-product growth for the second quarter, and 6.4% for the year.\nThe Department of Labor reports initial jobless claims for the week ending on June 15. Jobless claims this past week were 376,000, the lowest total since March of 2020.\nFriday 6/18\nThe Bank of Japan announces its monetary-policy decision. The central bank is widely expected to keep its key interest rate at negative 0.1%. The BOJ recently updated its GDP forecast to 4% growth for fiscal 2021 and 2.4% for fiscal 2022.","news_type":1,"symbols_score_info":{"ADBE":0.9,"KR":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9,"GM":0.9,"ORCL":0.9}},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100604784,"gmtCreate":1619605633848,"gmtModify":1704726671439,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Flying&nbsp;??","listText":"Flying&nbsp;??","text":"Flying ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/100604784","repostId":"1131068131","repostType":4,"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347839665,"gmtCreate":1618482114457,"gmtModify":1704711506237,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"?????","listText":"?????","text":"?????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/347839665","repostId":"1149248743","repostType":4,"repost":{"id":"1149248743","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618481824,"share":"https://ttm.financial/m/news/1149248743?lang=&edition=fundamental","pubTime":"2021-04-15 18:17","market":"us","language":"en","title":"PepsiCo tops estimates as pandemic snacking helps fuels 6.8% revenue gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1149248743","media":"Tiger Newspress","summary":"PepsiCoon Thursday reported quarterly earnings that topped analyst estimates as consumers maintained","content":"<p>PepsiCoon Thursday reported quarterly&nbsp;earnings&nbsp;that topped analyst estimates as consumers maintained their pandemic snacking habits.</p><p>Shares of the company rose less than 1% in premarket trading.</p><p>Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:</p><ul><li>Q1 core EPS: $1.21&nbsp;adjusted vs. $1.12 expected</li><li>Revenue: $14.82 billion vs. $14.55 billion expected</li></ul><p>Pepsi reported fiscal first-quarter net income of $1.71 billion, or $1.24 per share, up from $1.34 billion, or 96 cents per share, a year earlier.</p><p>Excluding items, the food and beverage giant earned $1.21 per share, beating the $1.12 per share expected by analysts surveyed by Refinitiv.</p><p>Net salesrose 6.8% to $14.82 billion, topping expectations of $14.55 billion.</p><p>PepsiCo&nbsp;was&nbsp;up&nbsp;0.42%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/405afc5e1d16cf6692d649f2f801df8c\" tg-width=\"708\" tg-height=\"500\"></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>PepsiCo tops estimates as pandemic snacking helps fuels 6.8% revenue gain</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{ 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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\">\nPepsiCo tops estimates as pandemic snacking helps fuels 6.8% revenue gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 18:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>PepsiCoon Thursday reported quarterly&nbsp;earnings&nbsp;that topped analyst estimates as consumers maintained their pandemic snacking habits.</p><p>Shares of the company rose less than 1% in premarket trading.</p><p>Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:</p><ul><li>Q1 core EPS: $1.21&nbsp;adjusted vs. $1.12 expected</li><li>Revenue: $14.82 billion vs. $14.55 billion expected</li></ul><p>Pepsi reported fiscal first-quarter net income of $1.71 billion, or $1.24 per share, up from $1.34 billion, or 96 cents per share, a year earlier.</p><p>Excluding items, the food and beverage giant earned $1.21 per share, beating the $1.12 per share expected by analysts surveyed by Refinitiv.</p><p>Net salesrose 6.8% to $14.82 billion, topping expectations of $14.55 billion.</p><p>PepsiCo&nbsp;was&nbsp;up&nbsp;0.42%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/405afc5e1d16cf6692d649f2f801df8c\" tg-width=\"708\" tg-height=\"500\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PEP":"百事可乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149248743","content_text":"PepsiCoon Thursday reported quarterly earnings that topped analyst estimates as consumers maintained their pandemic snacking habits.Shares of the company rose less than 1% in premarket trading.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Q1 core EPS: $1.21 adjusted vs. $1.12 expectedRevenue: $14.82 billion vs. $14.55 billion expectedPepsi reported fiscal first-quarter net income of $1.71 billion, or $1.24 per share, up from $1.34 billion, or 96 cents per share, a year earlier.Excluding items, the food and beverage giant earned $1.21 per share, beating the $1.12 per share expected by analysts surveyed by Refinitiv.Net salesrose 6.8% to $14.82 billion, topping expectations of $14.55 billion.PepsiCo was up 0.42% in premarket trading.","news_type":1,"symbols_score_info":{"PEP":0.9}},"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125360242,"gmtCreate":1624656671586,"gmtModify":1703842818666,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Msft???","listText":"Msft???","text":"Msft???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125360242","repostId":"2146023165","repostType":4,"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121039407,"gmtCreate":1624443118709,"gmtModify":1703836826051,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Hard to said so&nbsp;","listText":"Hard to said so&nbsp;","text":"Hard to said so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121039407","repostId":"1145825451","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137402988,"gmtCreate":1622372535544,"gmtModify":1704183577261,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Is time to follow new changes","listText":"Is time to follow new changes","text":"Is time to follow new changes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/137402988","repostId":"2138948877","repostType":4,"repost":{"id":"2138948877","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1622215813,"share":"https://ttm.financial/m/news/2138948877?lang=&edition=fundamental","pubTime":"2021-05-28 23:30","market":"us","language":"en","title":"The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2138948877","media":"Investors","summary":"Vacation trends reveal shifts toward privacy, luxury and family, continuing a transformative period for leisure and travel stocks.","content":"<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</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>The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-05-28 23:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WGO":"温尼巴格实业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138948877","content_text":"Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like Airbnb that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.Leisure, Travel Industry StocksShares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.Airline stocks like American Airlines, United Airlines and Delta Air Lines surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.Cruise stocks like Carnival, Royal Caribbean and Norwegian Cruise Line are showing similar patterns.Meanwhile, shares of boat makers MarineMax and Brunswick as well as RV makers Winnebago and Thor Industries need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.Hotel leader Marriott has been less volatile and is forming a base, though earnings and sales have yet to fully recover.Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from Expedia rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.When Luxury Means More PrivacyLuxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.Private jet leasing company NetJets, which is owned by Berkshire Hathaway, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.Vacation Shift Favors These Travel StocksHotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes & Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.The Homes & Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.Seaworthy Travel Stocks Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick as well as sport boat maker Malibu Boats.\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.Travel Stocks For Being Alone TogetherThe desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.\"The rediscovery of America will continue this summer,\" Weissman said.The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.Work-Life RebalanceAs people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"Future Of Business Travel?That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.Experts say fewer workers may fly for one-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in one house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"","news_type":1,"symbols_score_info":{"WGO":0.9}},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355796285,"gmtCreate":1617102684647,"gmtModify":1704801999717,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Hmm... still have more interesting than this","listText":"Hmm... still have more interesting than this","text":"Hmm... still have more interesting than this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/355796285","repostId":"2123296931","repostType":4,"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570063321997588","authorId":"3570063321997588","name":"hitithard","avatar":"https://static.tigerbbs.com/309ce7b357018aa7b946332c2fe8725c","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3570063321997588","idStr":"3570063321997588"},"content":"Comment on my comment","text":"Comment on my comment","html":"Comment on my comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350499228,"gmtCreate":1616246394864,"gmtModify":1704792449275,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Fb????","listText":"Fb????","text":"Fb????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/350499228","repostId":"1136440314","repostType":4,"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889023432,"gmtCreate":1631093581726,"gmtModify":1676530465752,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889023432","repostId":"1175171654","repostType":4,"repost":{"id":"1175171654","kind":"news","pubTimestamp":1631093315,"share":"https://ttm.financial/m/news/1175171654?lang=&edition=fundamental","pubTime":"2021-09-08 17:28","market":"us","language":"en","title":"5 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1175171654","media":"Barron's","summary":"Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than j","content":"<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-trick, or one-stock, pony.</p>\n<p>He has other picks for growth investors as well as a new actively managed ETF: The Future Fund (ticker: FFND), designed to capitalized on 10 megatrends he sees changing the world.</p>\n<p>That fund is only a couple of weeks old. Black has been at the investing game for about 30 years, starting as a research analyst at Bernstein in 1992.</p>\n<p>After Bernstein, Black moved to the buy-side with stints at <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> Asset Management, Janus and Aegon, among others. After a brief respite following Aegon, Black jumped into the world of actively managed ETFs.</p>\n<p>He sat down with Barron’s to talk about his new fund, his approach to investing and some of the stocks he’s invested in. An edited version of the conversation follows.</p>\n<p><b>Barron’s: </b>We probably have to start with Tesla (TSLA). How do you value Tesla stock?</p>\n<p><b>Black:</b> I take where I think global [car sales are] going to be in about five years, and I take the EV adoption–it will get to 25% by 2025. This is the big investment controversy on Tesla: As competitors enter the market, can it keep its roughly 25% EV share? If it can, I get about $32 or so of earnings in 2025. And if I even put a 50 multiple on it, which is pretty low given projected 55% average annual earnings growth. I get a $1,600 price. And that’s worth about $1,100 today.</p>\n<p><b>Market share is the big controversy? What about self-driving cars?</b></p>\n<p>Stop saying Tesla has valuation equal to $1,000 a share because of the EV business. And then another $1,000 because of robotaxis.</p>\n<p><b>Tesla robotaxis like Waymo won’t be a thing?</b></p>\n<p>I think you’re going to have commercial robotaxi. And you’re going to have consumer robotaxi.</p>\n<p>Tesla has a head start, but competitors, especially those from <a href=\"https://laohu8.com/S/CAAS\">China</a>, are offering more expensive systems with vision, lidar, radar and HD mapping allowing them to close the gap. Everyone will get there eventually–which Elon has said. Tesla’s features will still let Tesla sell more Teslas.</p>\n<p><b>Why did you start the Future Fund ETF?</b></p>\n<p>Secular growth [is] its cornerstone. We’re looking to capitalize on 10 secular megatrends that are changing the world.</p>\n<p><b>What are they?</b></p>\n<p>They are: [1] 24/7 information and entertainment, [2] social networking, [3] mobility–working from anywhere–[4] e-commerce, [5] fintech innovation, [6] big data and security, [7] people living longer, [8] lifestyle betterment, [9] automation and [10] sustainability. Those are the 10.</p>\n<p>And so what we try to do is find companies that [have] the megatrends as tailwinds. No. 1, we’re looking for high growth, 20% revenue growth. We’re looking for unlevered brands, meaning, brands that are very successful in, say, one segment, and they bring them into other segments, or brands that are successful in one geography, and can go global.</p>\n<p>No. 2, we’re looking for investment controversy. We’re looking for something where there is a fight, and where investors don’t agree. And that’s what creates opportunity.</p>\n<p><b>What’s your research process like?</b></p>\n<p>We go out, and I talk. We talk to a lot of competitors. When I was an analyst, I used to do focus groups. For 2,000 bucks, you could get 10 people in a room, and ask them why they don’t like about Beyond Meat [BYND] versus Impossible [Foods]. We can usually find information that gives me a research edge to answer the controversy.</p>\n<p><b>And how do you build your portfolio?</b></p>\n<p>We want a portfolio that’s high conviction, meaning no more than about 40 names. The top 10 names are about 40% of the portfolio. So that’s high conviction to me.</p>\n<p>We think we have very strong buy and sell discipline. When we put something in the portfolio, we want it to have at least 2:1 risk-adjusted upside versus downside.</p>\n<p><b>What else do you like, besides Tesla?</b></p>\n<p>We have Google [parent <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> ], which is changing the world. Google is a mega cap stock just like Tesla is. But we think You Tube is 24/7 information and entertainment. YouTube is way undervalued. They’re still monetizing [search]. It has good 15% to 20% revenue growth. At 22 times projected earnings, it’s still [an attractive] price to us.</p>\n<p>Another name we have is <a href=\"https://laohu8.com/S/CMG\">Chipotle Mexican Grill</a> [CMG]. It fits with this megatrend of eating healthy, staying fit. We call it lifestyle betterment. Their product innovation has been superb–they launched these rolled quesadillas, which are going to have monster 15% same-store sales comps for them in the third quarter. It’s a great stock for us. Not cheap. But it has high growth.</p>\n<p><b>How about a couple more?</b></p>\n<p>One of the names that’s controversial we own is Tencent [TCEHY]. It’s one of the largest Internet companies in the world. It has 1.2 billion WeChat users. We believe that Chinese regulatory fears are overdone. Tencent is now trading at about 25 times next year’s earnings. We view it as having probably 20% revenue growth for at least the next few years.</p>\n<p><a href=\"https://laohu8.com/S/GNRC\">Generac</a> [GNRC] is another one. We’ll call it a climate change stock. Because climate change is happening, you have a lot of wildfires. You have a lot of weather patterns that aren’t normal. And in new homes today, one of the most common features that people are putting is a generator.</p>\n<p><b>Can Generac sales be disrupted by battery storage in homes?</b></p>\n<p>Battery and solar powered walls and roofs are still expensive–$40,000. A Generac system starts at $2,000.</p>\n<p><b>One more?</b></p>\n<p>Snap [SNAP] is another name. If you have kids, Snap is one of the [apps] everybody’s using. The ARPU [or average revenue per user] is $13 annually, up about 30% over a year ago. Active users will be up about 20% this year. Do you use Tik Tok?</p>\n<p><b>No.</b></p>\n<p>The biggest risk to Snap is something else comes along that the 18 to 25-year-old crowd wants to use that’s better. And Tik Tok is a disrupter to Snap. But I have kids in this age group, three of them, and they all use Snap.</p>\n<p>The monetization has just begun. The global expansion has just begun. I think you have got at least three or four years of [growth].</p>\n<p>Thanks, Gary.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000</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 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 17:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a one-trick, or one-stock, pony.\nHe has other picks for growth investors as well as a new ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","FFND":"One Global ETF","SNAP":"Snap Inc","TCEHY":"腾讯控股ADR","GNRC":"Generac控股"},"source_url":"https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175171654","content_text":"Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a one-trick, or one-stock, pony.\nHe has other picks for growth investors as well as a new actively managed ETF: The Future Fund (ticker: FFND), designed to capitalized on 10 megatrends he sees changing the world.\nThat fund is only a couple of weeks old. Black has been at the investing game for about 30 years, starting as a research analyst at Bernstein in 1992.\nAfter Bernstein, Black moved to the buy-side with stints at Goldman Sachs Asset Management, Janus and Aegon, among others. After a brief respite following Aegon, Black jumped into the world of actively managed ETFs.\nHe sat down with Barron’s to talk about his new fund, his approach to investing and some of the stocks he’s invested in. An edited version of the conversation follows.\nBarron’s: We probably have to start with Tesla (TSLA). How do you value Tesla stock?\nBlack: I take where I think global [car sales are] going to be in about five years, and I take the EV adoption–it will get to 25% by 2025. This is the big investment controversy on Tesla: As competitors enter the market, can it keep its roughly 25% EV share? If it can, I get about $32 or so of earnings in 2025. And if I even put a 50 multiple on it, which is pretty low given projected 55% average annual earnings growth. I get a $1,600 price. And that’s worth about $1,100 today.\nMarket share is the big controversy? What about self-driving cars?\nStop saying Tesla has valuation equal to $1,000 a share because of the EV business. And then another $1,000 because of robotaxis.\nTesla robotaxis like Waymo won’t be a thing?\nI think you’re going to have commercial robotaxi. And you’re going to have consumer robotaxi.\nTesla has a head start, but competitors, especially those from China, are offering more expensive systems with vision, lidar, radar and HD mapping allowing them to close the gap. Everyone will get there eventually–which Elon has said. Tesla’s features will still let Tesla sell more Teslas.\nWhy did you start the Future Fund ETF?\nSecular growth [is] its cornerstone. We’re looking to capitalize on 10 secular megatrends that are changing the world.\nWhat are they?\nThey are: [1] 24/7 information and entertainment, [2] social networking, [3] mobility–working from anywhere–[4] e-commerce, [5] fintech innovation, [6] big data and security, [7] people living longer, [8] lifestyle betterment, [9] automation and [10] sustainability. Those are the 10.\nAnd so what we try to do is find companies that [have] the megatrends as tailwinds. No. 1, we’re looking for high growth, 20% revenue growth. We’re looking for unlevered brands, meaning, brands that are very successful in, say, one segment, and they bring them into other segments, or brands that are successful in one geography, and can go global.\nNo. 2, we’re looking for investment controversy. We’re looking for something where there is a fight, and where investors don’t agree. And that’s what creates opportunity.\nWhat’s your research process like?\nWe go out, and I talk. We talk to a lot of competitors. When I was an analyst, I used to do focus groups. For 2,000 bucks, you could get 10 people in a room, and ask them why they don’t like about Beyond Meat [BYND] versus Impossible [Foods]. We can usually find information that gives me a research edge to answer the controversy.\nAnd how do you build your portfolio?\nWe want a portfolio that’s high conviction, meaning no more than about 40 names. The top 10 names are about 40% of the portfolio. So that’s high conviction to me.\nWe think we have very strong buy and sell discipline. When we put something in the portfolio, we want it to have at least 2:1 risk-adjusted upside versus downside.\nWhat else do you like, besides Tesla?\nWe have Google [parent Alphabet ], which is changing the world. Google is a mega cap stock just like Tesla is. But we think You Tube is 24/7 information and entertainment. YouTube is way undervalued. They’re still monetizing [search]. It has good 15% to 20% revenue growth. At 22 times projected earnings, it’s still [an attractive] price to us.\nAnother name we have is Chipotle Mexican Grill [CMG]. It fits with this megatrend of eating healthy, staying fit. We call it lifestyle betterment. Their product innovation has been superb–they launched these rolled quesadillas, which are going to have monster 15% same-store sales comps for them in the third quarter. It’s a great stock for us. Not cheap. But it has high growth.\nHow about a couple more?\nOne of the names that’s controversial we own is Tencent [TCEHY]. It’s one of the largest Internet companies in the world. It has 1.2 billion WeChat users. We believe that Chinese regulatory fears are overdone. Tencent is now trading at about 25 times next year’s earnings. We view it as having probably 20% revenue growth for at least the next few years.\nGenerac [GNRC] is another one. We’ll call it a climate change stock. Because climate change is happening, you have a lot of wildfires. You have a lot of weather patterns that aren’t normal. And in new homes today, one of the most common features that people are putting is a generator.\nCan Generac sales be disrupted by battery storage in homes?\nBattery and solar powered walls and roofs are still expensive–$40,000. A Generac system starts at $2,000.\nOne more?\nSnap [SNAP] is another name. If you have kids, Snap is one of the [apps] everybody’s using. The ARPU [or average revenue per user] is $13 annually, up about 30% over a year ago. Active users will be up about 20% this year. Do you use Tik Tok?\nNo.\nThe biggest risk to Snap is something else comes along that the 18 to 25-year-old crowd wants to use that’s better. And Tik Tok is a disrupter to Snap. But I have kids in this age group, three of them, and they all use Snap.\nThe monetization has just begun. The global expansion has just begun. I think you have got at least three or four years of [growth].\nThanks, Gary.","news_type":1,"symbols_score_info":{"SNAP":0.9,"TSLA":0.9,"TCEHY":0.9,"FFND":0.9,"GNRC":0.9}},"isVote":1,"tweetType":1,"viewCount":909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803777695,"gmtCreate":1627469174217,"gmtModify":1703490546285,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"MSFT&nbsp;","listText":"MSFT&nbsp;","text":"MSFT","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803777695","repostId":"2154405999","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148483499,"gmtCreate":1626005143811,"gmtModify":1703751844444,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"AMC??","listText":"AMC??","text":"AMC??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/148483499","repostId":"1112201050","repostType":4,"repost":{"id":"1112201050","kind":"news","pubTimestamp":1625966101,"share":"https://ttm.financial/m/news/1112201050?lang=&edition=fundamental","pubTime":"2021-07-11 09:15","market":"us","language":"en","title":"The Meme Stock Trade Is Far From Over. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1112201050","media":"Barrons","summary":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the de","content":"<p>It seemed to be only a matter of time.</p>\n<p>When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p>\n<p>It has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like&nbsp;Clover Health Investments(CLOV) and&nbsp;Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p>\n<p>The collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.</p>\n<p>That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p>\n<p>While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in&nbsp;AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than&nbsp;Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.</p>\n<p>Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p>\n<p>A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p>\n<p><img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p>\n<p>“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to&nbsp;Barron’s.</p>\n<p>The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p>\n<p>Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent&nbsp;Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p>\n<p>The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p>\n<p>Under pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p>\n<p>These new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”</p>\n<p>To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p>\n<p>But ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.</p>\n<p>“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p>\n<p>“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.</p>\n<p>Sosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.</p>\n<p>Indeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.</p>\n<p>But Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p>\n<p><img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p>\n<p>“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”</p>\n<p>The swings you get can definitely make you feel some sort of way.</p>\n<p>— Matt Kohrs, 26, who streams stock analysis daily on YouTube</p>\n<p>It is now changing the lives of those who got in early and are still riding the names higher.</p>\n<p>Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming&nbsp;stock analysis on YouTube&nbsp;for seven hours a day.</p>\n<p>With 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p>\n<p>“The swings you get can definitely make you feel some sort of way,” he says.</p>\n<p>Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p>\n<p>AMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p>\n<p>Forget the boardroom. Corporate policy is now being determined in the chat room.</p>\n<p>Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p>\n<p>In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p>\n<p>There can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p>\n<p>For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.</p>\n<p>For retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p>\n<p>New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p>\n<p>“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”</p>\n<p>Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”</p>\n<p>Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p>\n<p>The new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p>\n<p>The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p>\n<p>Many short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.</p>\n<p>As the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”</p>\n<p>To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath &amp; Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p>\n<p>Distrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.</p>\n<p>Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p>\n<p>“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from&nbsp;Barron’s&nbsp;for comment.</p>\n<p>“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.</p>\n<p>The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.</p>\n<p>Regulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”</p>\n<p>Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p>\n<p>In one form or another, this is the future client base of Wall Street.</p>\n<p>Arizona State University professor Hendrik Bessembinder published groundbreaking&nbsp;research&nbsp;in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p>\n<p>Even so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Meme Stock Trade Is Far From Over. 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What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 09:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"Bed Bath & Beyond, Inc.","GME":"游戏驿站","AMC":"AMC院线","CARV":"卡弗储蓄","SCHW":"嘉信理财","NEGG":"Newegg Comm Inc.","WKHS":"Workhorse Group, Inc.","CLOV":"Clover Health Corp","BB":"黑莓"},"source_url":"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112201050","content_text":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?\nIt has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like Clover Health Investments(CLOV) and Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.\nThe collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.\nThat is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.\nWhile trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.\nEven as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.\nA sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.\n\n“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to Barron’s.\nThe meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.\nMeme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.\n\nThe most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.\nUnder pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.\nThese new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”\nTo be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.\nBut ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.\n“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.\n“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.\nSosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.\nIndeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.\nBut Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.\n\n“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”\nThe swings you get can definitely make you feel some sort of way.\n— Matt Kohrs, 26, who streams stock analysis daily on YouTube\nIt is now changing the lives of those who got in early and are still riding the names higher.\nTake Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming stock analysis on YouTube for seven hours a day.\nWith 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.\n“The swings you get can definitely make you feel some sort of way,” he says.\nCompanies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.\nAMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.\nForget the boardroom. Corporate policy is now being determined in the chat room.\nBig investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.\nIn the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.\nThere can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.\nFor now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.\nFor retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.\nNew investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.\n“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”\nClaire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”\nJust like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.\nThe new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.\nThe group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.\nKeith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.\nMany short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.\nAs the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”\nTo beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.\nDistrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.\nTravis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.\n“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from Barron’s for comment.\n“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.\nThe Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.\nRegulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”\nTraditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.\nIn one form or another, this is the future client base of Wall Street.\nArizona State University professor Hendrik Bessembinder published groundbreaking research in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.\nEven so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”","news_type":1,"symbols_score_info":{"MRIN":0.9,"SCHW":0.9,"NEGG":0.9,"BBBY":0.9,"CARV":0.9,"BB":0.9,"GME":0.9,"CLOV":0.9,"WKHS":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157056297,"gmtCreate":1625556992619,"gmtModify":1703743624004,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"CRM??","listText":"CRM??","text":"CRM??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157056297","repostId":"2149033827","repostType":4,"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153792592,"gmtCreate":1625048436916,"gmtModify":1703734827162,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Tesla","listText":"Tesla","text":"Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/153792592","repostId":"1150186389","repostType":4,"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129390772,"gmtCreate":1624356584796,"gmtModify":1703834258579,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Reddit’s MEME??????","listText":"Reddit’s MEME??????","text":"Reddit’s MEME??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129390772","repostId":"1128318249","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195088450,"gmtCreate":1621239902370,"gmtModify":1704354458699,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562150941808297","idStr":"3562150941808297"},"themes":[],"htmlText":"Home Depot ???","listText":"Home Depot ???","text":"Home Depot ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/195088450","repostId":"2135984810","repostType":4,"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}