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2021-06-29

$Garmin(GRMN)$zoomzoomzoom

2021-06-29

$CHASEN HOLDINGS LIMITED(5NV.SI)$aw aw aw

2021-06-29

leggo

@HBONG:$CHASEN HOLDINGS LIMITED(5NV.SI)$ potential

2021-06-28

$BOUSTEAD SINGAPORE LIMITED(F9D.SI)$aww aww aww

2021-06-27

$NETLINK NBN TRUST(CJLU.SI)$yaho sensei

2021-06-27

$NIO Inc.(NIO)$whr did i go wrong i lost a fren

2021-06-27

wow

SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying

2021-06-27

$S&P 500(.SPX)$why are u running

2021-06-27

$NASDAQ(.IXIC)$why is this called nasdaq

2021-06-27

$Snowflake(SNOW)$wwheee doodoodoodoodoodoo

2021-06-27

wheeee

3 Obscenely Overpriced Stocks I Wouldn't Buy Even if the Market Crashes

2021-06-27

$THOMSON MEDICAL GROUP LIMITED(A50.SI)$so sad but jiayou

2021-06-27

$Bionano Genomics(BNGO)$i died in this game

2021-06-25

$SINGTEL(Z74.SI)$salam friends

2021-06-25

$Bionano Genomics(BNGO)$leggo

2021-06-25

yaye

@Weehuu:$Bumble Inc.(BMBL)$Wohoooo

2021-06-25

$Bumble Inc.(BMBL)$cuteee

2021-06-25

wheee

Microsoft sent a strong signal to developers that could hurt Apple and Google

2021-06-25

oh no

Microsoft sent a strong signal to developers that could hurt Apple and Google

2021-06-25

awww

SPECIAL REPORT-A family's vaccine hopes shattered in Brazil

Go to Tiger App to see more news

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sensei","text":"$NETLINK NBN TRUST(CJLU.SI)$yaho sensei","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124729252","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124713677,"gmtCreate":1624791193199,"gmtModify":1703845199213,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>whr did i go wrong i lost a fren","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>whr did i go wrong i lost a fren","text":"$NIO Inc.(NIO)$whr did i go wrong i lost a 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09:24","market":"us","language":"en","title":"SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=1172737444","media":"InvestorPlace","summary":"What goes up, must come down. But then it can go up again.","content":"<p><b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA)&nbsp;approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.</p>\n<p>This further bolsters SPCE stock’s current out-of-this-world run.</p>\n<p><b>SPCE Stock’s Meteoric Rise</b></p>\n<p>Five weeks ago, this was a $15 stock.</p>\n<p>And even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.</p>\n<p>Virgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.</p>\n<p>Everything is firing on all cylinders at Virgin Galactic.</p>\n<p>We think this is the beginning of Virgin going from “cool concept” to “valuable business.”</p>\n<p>Over the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.</p>\n<p>And the company will be generating billions of dollars in high-margin revenue.</p>\n<p><b>It All Starts Now</b></p>\n<p>The future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.</p>\n<p>There is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.</p>\n<p>And as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.</p>\n<p>SPCE is one of my top picks in the<i>Space Race 2.0</i>megatrend. Long-term, this stock will score investors big returns.</p>\n<p>But it’s not the only high-growth, high-return stock on my radar today.</p>\n<p>In fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.</p>\n<p>These stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying</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\">\nSPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172737444","content_text":"Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.\nThis further bolsters SPCE stock’s current out-of-this-world run.\nSPCE Stock’s Meteoric Rise\nFive weeks ago, this was a $15 stock.\nAnd even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.\nVirgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.\nEverything is firing on all cylinders at Virgin Galactic.\nWe think this is the beginning of Virgin going from “cool concept” to “valuable business.”\nOver the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.\nAnd the company will be generating billions of dollars in high-margin revenue.\nIt All Starts Now\nThe future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.\nThere is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.\nAnd as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.\nSPCE is one of my top picks in theSpace Race 2.0megatrend. Long-term, this stock will score investors big returns.\nBut it’s not the only high-growth, high-return stock on my radar today.\nIn fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.\nThese stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124735443,"gmtCreate":1624790659882,"gmtModify":1703845191893,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/.SPX\">$S&amp;P 500(.SPX)$</a>why are u running","listText":"<a href=\"https://laohu8.com/S/.SPX\">$S&amp;P 500(.SPX)$</a>why are u running","text":"$S&P 500(.SPX)$why are u running","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124735443","isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124735586,"gmtCreate":1624790643545,"gmtModify":1703845192054,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/.IXIC\">$NASDAQ(.IXIC)$</a>why is this called nasdaq","listText":"<a href=\"https://laohu8.com/S/.IXIC\">$NASDAQ(.IXIC)$</a>why is this called nasdaq","text":"$NASDAQ(.IXIC)$why is this called nasdaq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124735586","isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124735369,"gmtCreate":1624790574051,"gmtModify":1703845191247,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$</a>wwheee doodoodoodoodoodoo","listText":"<a href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$</a>wwheee doodoodoodoodoodoo","text":"$Snowflake(SNOW)$wwheee doodoodoodoodoodoo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124735369","isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124735058,"gmtCreate":1624790548774,"gmtModify":1703845190924,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"wheeee","listText":"wheeee","text":"wheeee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124735058","repostId":"2145599620","repostType":2,"repost":{"id":"2145599620","pubTimestamp":1624371180,"share":"https://ttm.financial/m/news/2145599620?lang=&edition=fundamental","pubTime":"2021-06-22 22:13","market":"us","language":"en","title":"3 Obscenely Overpriced Stocks I Wouldn't Buy Even if the Market Crashes","url":"https://stock-news.laohu8.com/highlight/detail?id=2145599620","media":"Motley Fool","summary":"A lower price won't address these other risks.","content":"<p>Last week was a rough <a href=\"https://laohu8.com/S/AONE\">one</a> for the markets -- their worst since October. And with talk of interest rate increases coming sooner than expected, investors are on edge with concerns about a possible stock-market crash. Of course, if a crash does happen, it could create opportunities to pick up solid stocks at reduced prices. But there are other stocks I'm not so sure about.</p>\n<p>Three stocks that I probably wouldn't buy even if the markets were to crash are&nbsp;<b>Ocugen&nbsp;</b>(NASDAQ:OCGN),&nbsp;<b>Tesla&nbsp;</b>(NASDAQ:TSLA), and&nbsp;<b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>&nbsp;</b>(NYSE:SNOW). Although a lower price might make them more tenable investments, there's still sufficient risk in these stocks for me to pass on them.</p>\n<p><img src=\"https://static.tigerbbs.com/a1531106e22f32af06a047425395b675\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>1. Ocugen</h3>\n<p>Retail investors have been excited about Ocugen's stock this year, but I don't share that enthusiasm. The business's hopes rest on Covaxin, a coronavirus vaccine candidate it is co-developing with India's Bharat Biotech. The companies' agreement stipulates that Ocugen will only share in the profits from sales in Canada and the U.S. -- and prospects for the latter market took a hit this month, when the company said it would no longer seek an emergency use approval for Covaxin from the U.S. Food and Drug Administration (FDA). Instead, on the FDA's recommendation, it will seek a biologics license application that will take longer to obtain, possibly up to 10 months. Even if Covaxin wins approval, the vaccine may no longer be needed by then, with vaccination rates continuing to climb.</p>\n<p>With nothing else in its pipeline that has even made it to phase 2, Ocugen without Covaxin is back to being a high-risk biotech stock that may or may not someday have a product available to sell. And that brings tons of risk for investors. The company generated <i>no revenue</i> in the first three months of 2021, and that alone is a big enough reason to stay away from this healthcare stock. When you take away the meme hype, there isn't much reason or substance behind an investment in Ocugen.</p>\n<p>A market crash may bring down its price, but even if it were to fall to less than $1, Ocugen would still be a risky buy and not <a href=\"https://laohu8.com/S/AONE.U\">one</a> I'd be willing to take a chance on.</p>\n<h3>2. Tesla</h3>\n<p>Tesla isn't a bad business, and I get why people are fans of it. The electric-vehicle maker has significant potential as the demand rises for more environmentally friendly cars. And Tesla has come a long way in strengthening its financials. Once consistently in the red, it was profitable over the past 12 months -- and has even been included in the <b>S&amp;P 500</b>.The company has turned itself into a much more formidable investment.</p>\n<p>However, at 3%, its net margins are still razor-thin. The stock trades at more than 19 times revenue and a staggering 620 times its profits. The average holding in the&nbsp;<b>SPDR S&amp;P 500 ETF Trust</b> trades at multiples of just 2.9 times sales and 26 times earnings.&nbsp; As with Ocugen, retail investors have driven up the price of Tesla's stock to obscene levels, making it hard to buy shares of what otherwise could be a solid long-term investment.</p>\n<p>The other problem I have with Tesla is its potential exposure to <b>Bitcoin</b> (CRYPTO: BTC). CEO Elon Musk has been flip-flopping on whether his company will accept the cryptocurrency for payments on vehicles. If Musk decides that Tesla should do so, that exposes the company to a lot of risk. All currencies normally fluctuate somewhat, but Bitcoin's volatility could send a company's financials on a wild roller coaster ride.</p>\n<p>Musk has an impressive following,&nbsp;but his leadership style adds an element of risk to an already expensive and vulnerable stock. A crash in the markets would probably make Tesla's stock cheaper, but for me, it wouldn't be enough to offset the level of risk involved.</p>\n<h3>3. Snowflake</h3>\n<p>Of the three stocks on this list, Snowflake is the one I'd be most likely to buy. My biggest concerns with this business relate to its competitiveness and ability to turn a profit. Although sales have been increasing -- for the three months ending April 30, they more than doubled to $229 million from the prior-year period -- the company's losses have also doubled during that time.</p>\n<p>And competition for cloud-based data and analytics can be fierce. Companies such as <b>Amazon.com</b>, <b>Microsoft</b>, and <b>Alphabet&nbsp;</b>are some of the bigger names in the space -- and to complicate things, Snowflake also uses their services.&nbsp;For now, there appears to be enough room for all these major players to co-exist, but that still poses a risk to Snowflake's business. The lack of a sustainable competitive advantage, or moat, makes the stock particularly vulnerable should one of these larger companies try to expand and fight for more market share.</p>\n<p>Those risks make it hard to stomach the stock's whopping price-to-sales multiple, which sits at 90. Even with a significant correction in price, the lack of profitability and dependence on companies that could pose threats to Snowflake's long-term business would be enough of a reason for me to pass on the company and opt for more attractive growth opportunities instead.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Obscenely Overpriced Stocks I Wouldn't Buy Even if the Market Crashes</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 Obscenely Overpriced Stocks I Wouldn't Buy Even if the Market Crashes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 22:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/22/3-obscenely-overpriced-stocks-i-wouldnt-buy-even-i/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week was a rough one for the markets -- their worst since October. And with talk of interest rate increases coming sooner than expected, investors are on edge with concerns about a possible stock...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/22/3-obscenely-overpriced-stocks-i-wouldnt-buy-even-i/\">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","SNOW":"Snowflake","OCGN":"Ocugen"},"source_url":"https://www.fool.com/investing/2021/06/22/3-obscenely-overpriced-stocks-i-wouldnt-buy-even-i/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145599620","content_text":"Last week was a rough one for the markets -- their worst since October. And with talk of interest rate increases coming sooner than expected, investors are on edge with concerns about a possible stock-market crash. Of course, if a crash does happen, it could create opportunities to pick up solid stocks at reduced prices. But there are other stocks I'm not so sure about.\nThree stocks that I probably wouldn't buy even if the markets were to crash are Ocugen (NASDAQ:OCGN), Tesla (NASDAQ:TSLA), and Snowflake (NYSE:SNOW). Although a lower price might make them more tenable investments, there's still sufficient risk in these stocks for me to pass on them.\n\nImage source: Getty Images.\n1. Ocugen\nRetail investors have been excited about Ocugen's stock this year, but I don't share that enthusiasm. The business's hopes rest on Covaxin, a coronavirus vaccine candidate it is co-developing with India's Bharat Biotech. The companies' agreement stipulates that Ocugen will only share in the profits from sales in Canada and the U.S. -- and prospects for the latter market took a hit this month, when the company said it would no longer seek an emergency use approval for Covaxin from the U.S. Food and Drug Administration (FDA). Instead, on the FDA's recommendation, it will seek a biologics license application that will take longer to obtain, possibly up to 10 months. Even if Covaxin wins approval, the vaccine may no longer be needed by then, with vaccination rates continuing to climb.\nWith nothing else in its pipeline that has even made it to phase 2, Ocugen without Covaxin is back to being a high-risk biotech stock that may or may not someday have a product available to sell. And that brings tons of risk for investors. The company generated no revenue in the first three months of 2021, and that alone is a big enough reason to stay away from this healthcare stock. When you take away the meme hype, there isn't much reason or substance behind an investment in Ocugen.\nA market crash may bring down its price, but even if it were to fall to less than $1, Ocugen would still be a risky buy and not one I'd be willing to take a chance on.\n2. Tesla\nTesla isn't a bad business, and I get why people are fans of it. The electric-vehicle maker has significant potential as the demand rises for more environmentally friendly cars. And Tesla has come a long way in strengthening its financials. Once consistently in the red, it was profitable over the past 12 months -- and has even been included in the S&P 500.The company has turned itself into a much more formidable investment.\nHowever, at 3%, its net margins are still razor-thin. The stock trades at more than 19 times revenue and a staggering 620 times its profits. The average holding in the SPDR S&P 500 ETF Trust trades at multiples of just 2.9 times sales and 26 times earnings.  As with Ocugen, retail investors have driven up the price of Tesla's stock to obscene levels, making it hard to buy shares of what otherwise could be a solid long-term investment.\nThe other problem I have with Tesla is its potential exposure to Bitcoin (CRYPTO: BTC). CEO Elon Musk has been flip-flopping on whether his company will accept the cryptocurrency for payments on vehicles. If Musk decides that Tesla should do so, that exposes the company to a lot of risk. All currencies normally fluctuate somewhat, but Bitcoin's volatility could send a company's financials on a wild roller coaster ride.\nMusk has an impressive following, but his leadership style adds an element of risk to an already expensive and vulnerable stock. A crash in the markets would probably make Tesla's stock cheaper, but for me, it wouldn't be enough to offset the level of risk involved.\n3. Snowflake\nOf the three stocks on this list, Snowflake is the one I'd be most likely to buy. My biggest concerns with this business relate to its competitiveness and ability to turn a profit. Although sales have been increasing -- for the three months ending April 30, they more than doubled to $229 million from the prior-year period -- the company's losses have also doubled during that time.\nAnd competition for cloud-based data and analytics can be fierce. Companies such as Amazon.com, Microsoft, and Alphabet are some of the bigger names in the space -- and to complicate things, Snowflake also uses their services. For now, there appears to be enough room for all these major players to co-exist, but that still poses a risk to Snowflake's business. The lack of a sustainable competitive advantage, or moat, makes the stock particularly vulnerable should one of these larger companies try to expand and fight for more market share.\nThose risks make it hard to stomach the stock's whopping price-to-sales multiple, which sits at 90. Even with a significant correction in price, the lack of profitability and dependence on companies that could pose threats to Snowflake's long-term business would be enough of a reason for me to pass on the company and opt for more attractive growth opportunities instead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124732625,"gmtCreate":1624790519967,"gmtModify":1703845190270,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/A50.SI\">$THOMSON MEDICAL GROUP LIMITED(A50.SI)$</a>so sad but jiayou","listText":"<a href=\"https://laohu8.com/S/A50.SI\">$THOMSON MEDICAL GROUP LIMITED(A50.SI)$</a>so sad but jiayou","text":"$THOMSON MEDICAL GROUP LIMITED(A50.SI)$so sad but jiayou","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/124732625","isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585129153216801","authorId":"3585129153216801","name":"JCHP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"idStr":"3585129153216801","authorIdStr":"3585129153216801"},"content":"@Gee2, why do you say so?","text":"@Gee2, why do you say so?","html":"@Gee2, why do you say so?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124794689,"gmtCreate":1624789644341,"gmtModify":1703845179079,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>i died in this game","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>i died in this game","text":"$Bionano Genomics(BNGO)$i died in this game","images":[{"img":"https://static.tigerbbs.com/012a79a9c429881c1dffc7f2aa702de7","width":"3000","height":"4000"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124794689","isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122219424,"gmtCreate":1624622332568,"gmtModify":1703841935377,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>salam friends","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>salam friends","text":"$SINGTEL(Z74.SI)$salam 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Genomics(BNGO)$leggo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122232537","isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122231790,"gmtCreate":1624621920210,"gmtModify":1703841923690,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"yaye","listText":"yaye","text":"yaye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122231790","repostId":"122132049","repostType":1,"repost":{"id":122132049,"gmtCreate":1624602818781,"gmtModify":1703841498681,"author":{"id":"3581723953856152","authorId":"3581723953856152","name":"Weehuu","avatar":"https://static.tigerbbs.com/40de8eaf35abdb89a4ff81b9890df7bf","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581723953856152","authorIdStr":"3581723953856152"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BMBL\">$Bumble Inc.(BMBL)$</a>Wohoooo","listText":"<a href=\"https://laohu8.com/S/BMBL\">$Bumble Inc.(BMBL)$</a>Wohoooo","text":"$Bumble 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Inc.(BMBL)$cuteee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122231239","isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122295624,"gmtCreate":1624621551268,"gmtModify":1703841914939,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"wheee","listText":"wheee","text":"wheee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122295624","repostId":"2146023165","repostType":4,"repost":{"id":"2146023165","pubTimestamp":1624614720,"share":"https://ttm.financial/m/news/2146023165?lang=&edition=fundamental","pubTime":"2021-06-25 17:52","market":"us","language":"en","title":"Microsoft sent a strong signal to developers that could hurt Apple and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023165","media":"Yahoo Finance","summary":"Microsoft  launched a broadside against rivals Apple  and Google  on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer","content":"<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.</p>\n<p>That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.</p>\n<p>“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Apple’s policies</b></h3>\n<p>This isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.</p>\n<p>Epic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft sent a strong signal to developers that could hurt Apple and Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","09086":"华夏纳指-U","GOOGL":"谷歌A","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","AAPL":"苹果","MSFT":"微软"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThat’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\n“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Apple’s policies\nThis isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.\nEpic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122295970,"gmtCreate":1624621537290,"gmtModify":1703841914453,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"oh no","listText":"oh no","text":"oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122295970","repostId":"2146023165","repostType":4,"repost":{"id":"2146023165","pubTimestamp":1624614720,"share":"https://ttm.financial/m/news/2146023165?lang=&edition=fundamental","pubTime":"2021-06-25 17:52","market":"us","language":"en","title":"Microsoft sent a strong signal to developers that could hurt Apple and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023165","media":"Yahoo Finance","summary":"Microsoft  launched a broadside against rivals Apple  and Google  on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer","content":"<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.</p>\n<p>That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.</p>\n<p>“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Apple’s policies</b></h3>\n<p>This isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.</p>\n<p>Epic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft sent a strong signal to developers that could hurt Apple and Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","09086":"华夏纳指-U","GOOGL":"谷歌A","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","AAPL":"苹果","MSFT":"微软"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThat’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\n“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Apple’s policies\nThis isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.\nEpic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122291142,"gmtCreate":1624621355986,"gmtModify":1703841909766,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"awww","listText":"awww","text":"awww","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122291142","repostId":"2146079837","repostType":2,"repost":{"id":"2146079837","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624618803,"share":"https://ttm.financial/m/news/2146079837?lang=&edition=fundamental","pubTime":"2021-06-25 19:00","market":"us","language":"en","title":"SPECIAL REPORT-A family's vaccine hopes shattered in Brazil","url":"https://stock-news.laohu8.com/highlight/detail?id=2146079837","media":"Reuters","summary":"(For more Reuters Special Reports, click on   )   By Stephen Eisenhammer   SAO PAULO, Brazil, June 2","content":"<html><body><p>(For more Reuters Special Reports, click on   )</p><p>   By Stephen Eisenhammer</p><p>   SAO PAULO, Brazil, June 25 (Reuters) - Ana Coelho da Cunha rose early on the last Wednesday of February, picked out a smart outfit and spritzed herself with a favorite perfume. It was a special day: The 85-year-old was getting vaccinated.</p><p>   Relief spread through the matriarch's tight Brazilian family, who had waited months for the shot, watching enviously as richer nations launched inoculation campaigns amid repeated delays to their own country's coronavirus vaccine rollout. For the first time in a year of the pandemic, her 10 children and 22 grandchildren could see a way out: an end to the enforced distance, to the canceled feasts of pork bean stew, to the constant fear.</p><p>   \"Everyone was so excited,\" said her granddaughter Lidiane, who was largely raised by \"Dona\" Ana – as everyone has long called the feisty octogenarian. \"It looked like things were about to change.\"</p><p>   Instead, the fate of the Cunha family shows in chilling detail the danger still faced by those in most of the developing world, where vaccines – or the raw materials to produce them – are trickling into countries still facing a raging virus.</p><p>   Dona Ana, a widow, required constant care. Four of her children looked after her, taking turns to stay at the big yellow-white house the family built half a century ago in the suburbs of Belo Horizonte, a vibrant city in Brazil's southeast first founded by a wayward gold prospector.</p><p>   They had tried to hire a nurse for her, but she refused. She wanted her family close.</p><p>   Concern had grown with the rising wave of infections in Brazil, which by last June had become the world's deadliest outbreak after the United States, and has in recent months been stalked by a new, highly transmissible variant that has increasingly struck down younger generations of Brazilians.</p><p>   But now, finally, Dona Ana was being given the Chinese-developed CoronaVac, <a href=\"https://laohu8.com/S/AONE\">one</a> of two dominant COVID-19 vaccines in Brazil. After the shot, she gave thanks to God.</p><p>   That evening on a family WhatsApp group, another granddaughter asked about Dona Ana, \"the powerful, vaccinated <a href=\"https://laohu8.com/S/AONE.U\">one</a>.\" Her eldest son, José Gonçalves, replied, \"She's well, happy to be vaccinated.\"</p><p>   <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> days later, Dona Ana's second-eldest daughter, Ivanilda, was at her mother's house cleaning. It was unseasonably cold, and when she had finished, she coughed.</p><p>   The 64-year-old thought little of it, putting it down to the chilly weather and dust from the house – she'd always struggled with allergies. She spent the weekend with her mother and then handed off the caretaker duties to her older brother José Gonçalves on the following Monday.</p><p>   LACK OF VACCINES</p><p>   In rich nations such as Britain, the United States and Israel, droves of the newly vaccinated are celebrating their newfound freedom at barbecues and soccer matches and wondering when they should get a booster shot.</p><p>   But in Brazil, the toll of COVID-19 keeps rising, with more than 500,000 dead. Fewer than 12% of Brazilians are fully vaccinated, with about 30% receiving a first dose. Across Latin America, which now accounts for nearly half of daily worldwide coronavirus deaths, the proportion of inoculated people is lower still.</p><p>   Other parts of the world are also struggling, most notably India, where around 17% of the population has had an initial shot amid a terrible assault by another variant.</p><p>   In the face of rising vaccine inequality, the World Health Organization is calling ever more loudly for rich nations to free up supplies to Brazil, India and other countries, and there is some movement by the United States and the European Union to donate doses. But for now, life remains edgy in countries with slower vaccine rollouts and virulent variants.</p><p>   As someone in her 80s in a relatively young population, Dona Ana was near the front of the queue in Brazil, but still her jab came nearly three months after the United Kingdom started its vaccination campaign.</p><p>   In Brazil, cities have been forced to halt inoculations because of a lack of doses as delays plague shipments of active ingredients from China. The country's Senate is investigating accusations of negligence and mismanagement in the government's handling of the pandemic and the securing of vaccines. Last year, for example, approaches from Pfizer Inc. to sell its vaccine to Brazil were repeatedly unanswered.</p><p>   Brazil's Health Ministry declined to comment to Reuters about specific points of criticism, including the repeated overtures by Pfizer. It said Brazil was making every effort to increase vaccinations with the aim of inoculating every eligible adult by the end of the year.</p><p>   President Jair Bolsonaro has been widely criticized by public health experts for his staunch opposition to lockdowns measures and his frequent refusal to wear a mask. He has dismissed the virus as just a \"little flu\" and threatened to use security forces against state governors who imposed local restrictions to try and halt its spread. He has derided those who stay at home to avoid the virus as \"idiots.\" In recent weeks, thousands have taken to the streets to call for Bolsonaro's impeachment.</p><p>   The presidency didn't respond to repeated requests for comment about Bolsonaro's handling of the pandemic. The Health Ministry said it was providing \"unqualified support to states and municipalities\" in the fight against COVID-19 and continues to stress the importance of preventive measures such as wearing a mask.</p><p>   As the variant took hold in Brazil, Lidiane watched helplessly from her home in Canada, an exchange with her husband rising incessantly to the forefront of her mind.</p><p>   \"If one of them catches it, it will spread and it will be a tragedy,\" she recalled him warning last year.</p><p>   \"And that's exactly what happened.\"</p><p>   A LITTLE COUGH</p><p>   The virus broke into the Cunha household the same way it has so often around the world, disguised as the mundane.</p><p>   On that day in late February, Ivanilda blamed the change in the weather for why she felt a little off.</p><p>   \"It just didn't occur to me that it could be…,\" Ivanilda said before trailing off, leaving the virus unsaid.</p><p>   Over the weekend at her mother's house, her cough got worse and she ran a low fever, but she remained adamant it was no more than a normal cold – and told her family so. Between looking after her mother and staying at home, she'd barely been out in months.</p><p>   On Monday, José Gonçalves, 67, came to take over and Ivanilda went home. At Dona Ana's house, the siblings shared the same room as they came and went, caring for their mother. This time was no different, and José Gonçalves slept in the same bed his younger sister had just used. He looked after his mother, as he had done for several years. As the oldest son, much of the burden fell on his slim but sturdy shoulders.</p><p>   On Wednesday morning, after another brother had come to take over, José Gonçalves went home. His wife, Maria, gave him a hug and a kiss as he came through the heavy brown wood door, happy he was back.</p><p>   Within a few hours, everything had changed. Ivanilda had tested positive for the coronavirus.</p><p>   Her test result descended on the family like a thick cloud. Maria was sitting on the sofa in their living room, the TV on, when her husband told her.</p><p>   \"What has she done?\" Maria remembers him repeating over and over again. \"What has Ivanilda done?\"</p><p>   But for a while, nothing happened. Ivanilda was in bed at home, but José Gonçalves felt completely fine, and their mother too. They took a test just to be sure.</p><p>   POSITIVE. They waited for sickness to come.</p><p>   Across Brazil, a brutal second wave was crashing, pushing hospitals to the breaking point and crowding the country's cemeteries. Intensive-care wards were filling up with patients of all ages, struggling to breathe.</p><p>   On March 11, the day after she had been scheduled to receive her second dose, Dona Ana collapsed at home. Doctors won't vaccinate those already infected with the virus because it is ineffective, and staff told her she would have to wait a few weeks until the infection had cleared before getting her second jab.</p><p>   Real-world studies have shown CoronaVac to be very effective at preventing hospitalization and death from two weeks after both doses are given. But Dona Ana appears to have been exposed to the virus just a few days after her first shot, likely leaving her with minimal protection.</p><p>   A preliminary study released in Brazil last month also found the Chinese vaccine to be less effective against symptomatic infection in older people, particularly those over 80. The institute responsible for the production of the vaccine in Brazil, Butantan, issued a statement saying it was normal for studies to find differing efficacies and that mortality data showed Coronavac was saving lives among the country's older population.</p><p>   José Gonçalves, who had gone to be with his mother after they had both tested positive, carried her to the car and drove to a nearby private hospital that accepted her medical insurance. The place was overrun with the sick and the dying, and the nurses told him the hospital couldn't provide his mother with the degree of care she needed. They asked him to stay and help. José Gonçalves stayed the night by his mother's side, knowing all the while he was carrying the virus too.</p><p>   The next day, he went home. His daughter Lidiane suspects he was already starting to feel sick, though he told her he was fine. On March 14, he too was taken to the hospital with dangerously low oxygen levels in his blood. It quickly became clear he needed intensive care, but there were no beds available.</p><p>   Hospitals were so stretched they were running out of basic sedatives needed to ease patients on to ventilators. But doctors had little choice, and on March 15, José Gonçalves was intubated on a temporary unit.</p><p>   His family spent the next days calling hospitals, fighting for a real ICU bed as his condition worsened, his kidneys showing signs of failure. José Gonçalves was luckier than many. On March 18, he was transferred to a full-fledged ICU bed at another hospital. His private healthcare meant he'd gotten a bed when many were still waiting and dying in line.</p><p>   Ivanilda was on a ventilator too, fighting for her life. For others, the light was already fading.</p><p>   Dona Ana died on Sunday, March 21. Her family had worried all that day, calling the hospital repeatedly for news, scared of the silence. That evening the hospital finally telephoned, confirming their fears. Her last words, spoken to a nurse in a glimmer of wakefulness, was a plea to see her family: \"I want to die at home.\"</p><p>   THREE GENERATIONS CUT DOWN</p><p>   In Brazil, families often step in where the state does not, whether that's a lift to soccer or school because of a lack of public transport or caring for one another because of gaps in the health system. Many Brazilians prefer it that way too, choosing the personal over the impersonal. Several generations often live together, or just a few blocks away.</p><p>   The members of the Cunha family understand that their closeness cost them dear. But most don't see how they could have acted any other way. Dona Ana refused a private nurse. She needed to be looked after; her children had little choice but to help.</p><p>   They say they place the blame far more on the country's stuttering vaccination campaign than their own failures to maintain social distance. A few weeks earlier, and Dona Ana would have been fully inoculated – potentially saving herself and stopping the virus' progression. In the U.S. or the UK, Ivanilda and José Gonçalves would also have been vaccinated before the virus hit the family. But vaccinations have stalled repeatedly in Brazil, with the rate of inoculations falling in May compared to April as delayed imports led to a shortage of shots. Towns across the country have been forced to delay second doses as the supply ran low.</p><p>   The Health Ministry did not comment on the Cunha tragedy. It told Reuters earlier this month that it continues to ramp up inoculations.</p><p>   The day after José Gonçalves was transferred to the ICU, his wife, Maria, was taken to the hospital too. Their daughter Regiane, 37, stayed by her side, fearful for her mother. Maria urged Regiane to leave, reminding her that she had a young child who needed her, but her daughter refused.</p><p>   \"I won't abandon you, Mother,\" Maria, 65, remembers her daughter saying to her repeatedly.</p><p>   Along the other branch of the family, a similar pattern was playing out.</p><p>   Ivanilda's positive test result had come too late to isolate and protect her husband, José Pedro. After Ivanilda was intubated, his sickness worsened and their daughter, Erika, who lived on the same plot of land, cared for him, bringing him food and medicine.</p><p>   Erika, a fit 40-year-old, feared for her parents but didn't give too much thought to herself. She wore a mask and tried to keep her distance, but when she tested positive too, she was hardly worried. She used it to her advantage at first, moving in with her father. \"I never had any health issues. I thought I'd pass through this, no problem,\" she said.</p><p>   But her cough got so bad, she could hardly breathe. Her father had already been taken to the hospital, and a few days later Erika followed. On March 25, the day after Erika was hospitalized, she was put on a ventilator. Her father died the same day.</p><p>   When Erika awoke from her induced coma nine days later, she had no idea her father was dead. Afraid the news would harm her recovery, the family kept it from her for weeks.</p><p>   Scientists don't know why the variant appears to be hitting younger people harder. Some believe it is predominantly down to behavioral factors, with younger people taking fewer precautions and more of them catching the virus as a result. But increasingly Brazilian doctors also think there is something about the variant's makeup that is affecting young people more than the previous iteration of the virus that spread through the country last year.</p><p>   The demographic of those in intensive care in Brazil has changed dramatically. In March, hospital data showed that for the first time, the majority of those in ICUs were 40 or younger. The Health Ministry  has also noticed an increased risk to expectant mothers, advising women to avoid getting pregnant for now, if possible.</p><p>   As more family members were hospitalized, Maria's condition was improving. Doctors called her resilience \"a miracle.\" On April 1, she messaged the family on WhatsApp to say she would be leaving the hospital the next day. Her children sent delighted messages back, but Regiane was silent. \"That's when I knew something was wrong,\" Maria said.</p><p>   Days earlier, Regiane had been taken to the hospital with dangerously low oxygen levels. She was overweight and suffered from thrombosis, but the family was shocked at the damage the virus was wreaking on someone so young. Maria, still recovering and on oxygen at home, asked the family not to share any bad news with her. But the silence, she recalled, told her everything she didn't want to know.</p><p>   On April 3, her husband, José Gonçalves, died of a cardiac arrest after nearly three weeks on a ventilator. The bed the family had secured for him in intensive care had helped him live longer, but it had not been enough. They say they still wonder whether the outcome could have been different if he'd got an ICU bed immediately.</p><p>   Regiane hung on for another month. But by the end of April, she had developed a generalized infection and was no longer responding to heavy antibiotics. She died on May 1, the third generation of the family to have a life taken by COVID-19 in the span of just six weeks.</p><p>   Maria has barely left her home since she returned from the hospital to an empty house. Her psychologist recommends she go for walks, but she struggles to find the strength, paralyzed by fear, knowing the virus is still out there.</p><p>   Ivanilda still hasn't spent a night at home, staying instead with her daughter. She says she's too afraid of the memories that come when she's alone. She asks how God could have allowed this to happen.</p><p>   She has apologized to the family.</p><p>   \"The time that I caught it, that the others caught it as well, suggests that it was caused by me, started with me.\" Her mind spins through possibilities of where it might have happened. Maybe when she took her husband to the hospital for a checkup, perhaps through a neighbor.</p><p>   She has lost her husband, her brother, her niece and her mother. \"My mother for me was everything,\" she said. \"She was everything to me, and she continues to be everything to me.\"</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ For an online version    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Stephen Eisenhammer, editing by Kari Howard)</p><p>((Stephen.Eisenhammer@thomsonreuters.com; Kari.Howard@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPECIAL REPORT-A family's vaccine hopes shattered in Brazil</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\">\nSPECIAL REPORT-A family's vaccine hopes shattered in Brazil\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 19:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>(For more Reuters Special Reports, click on   )</p><p>   By Stephen Eisenhammer</p><p>   SAO PAULO, Brazil, June 25 (Reuters) - Ana Coelho da Cunha rose early on the last Wednesday of February, picked out a smart outfit and spritzed herself with a favorite perfume. It was a special day: The 85-year-old was getting vaccinated.</p><p>   Relief spread through the matriarch's tight Brazilian family, who had waited months for the shot, watching enviously as richer nations launched inoculation campaigns amid repeated delays to their own country's coronavirus vaccine rollout. For the first time in a year of the pandemic, her 10 children and 22 grandchildren could see a way out: an end to the enforced distance, to the canceled feasts of pork bean stew, to the constant fear.</p><p>   \"Everyone was so excited,\" said her granddaughter Lidiane, who was largely raised by \"Dona\" Ana – as everyone has long called the feisty octogenarian. \"It looked like things were about to change.\"</p><p>   Instead, the fate of the Cunha family shows in chilling detail the danger still faced by those in most of the developing world, where vaccines – or the raw materials to produce them – are trickling into countries still facing a raging virus.</p><p>   Dona Ana, a widow, required constant care. Four of her children looked after her, taking turns to stay at the big yellow-white house the family built half a century ago in the suburbs of Belo Horizonte, a vibrant city in Brazil's southeast first founded by a wayward gold prospector.</p><p>   They had tried to hire a nurse for her, but she refused. She wanted her family close.</p><p>   Concern had grown with the rising wave of infections in Brazil, which by last June had become the world's deadliest outbreak after the United States, and has in recent months been stalked by a new, highly transmissible variant that has increasingly struck down younger generations of Brazilians.</p><p>   But now, finally, Dona Ana was being given the Chinese-developed CoronaVac, <a href=\"https://laohu8.com/S/AONE\">one</a> of two dominant COVID-19 vaccines in Brazil. After the shot, she gave thanks to God.</p><p>   That evening on a family WhatsApp group, another granddaughter asked about Dona Ana, \"the powerful, vaccinated <a href=\"https://laohu8.com/S/AONE.U\">one</a>.\" Her eldest son, José Gonçalves, replied, \"She's well, happy to be vaccinated.\"</p><p>   <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> days later, Dona Ana's second-eldest daughter, Ivanilda, was at her mother's house cleaning. It was unseasonably cold, and when she had finished, she coughed.</p><p>   The 64-year-old thought little of it, putting it down to the chilly weather and dust from the house – she'd always struggled with allergies. She spent the weekend with her mother and then handed off the caretaker duties to her older brother José Gonçalves on the following Monday.</p><p>   LACK OF VACCINES</p><p>   In rich nations such as Britain, the United States and Israel, droves of the newly vaccinated are celebrating their newfound freedom at barbecues and soccer matches and wondering when they should get a booster shot.</p><p>   But in Brazil, the toll of COVID-19 keeps rising, with more than 500,000 dead. Fewer than 12% of Brazilians are fully vaccinated, with about 30% receiving a first dose. Across Latin America, which now accounts for nearly half of daily worldwide coronavirus deaths, the proportion of inoculated people is lower still.</p><p>   Other parts of the world are also struggling, most notably India, where around 17% of the population has had an initial shot amid a terrible assault by another variant.</p><p>   In the face of rising vaccine inequality, the World Health Organization is calling ever more loudly for rich nations to free up supplies to Brazil, India and other countries, and there is some movement by the United States and the European Union to donate doses. But for now, life remains edgy in countries with slower vaccine rollouts and virulent variants.</p><p>   As someone in her 80s in a relatively young population, Dona Ana was near the front of the queue in Brazil, but still her jab came nearly three months after the United Kingdom started its vaccination campaign.</p><p>   In Brazil, cities have been forced to halt inoculations because of a lack of doses as delays plague shipments of active ingredients from China. The country's Senate is investigating accusations of negligence and mismanagement in the government's handling of the pandemic and the securing of vaccines. Last year, for example, approaches from Pfizer Inc. to sell its vaccine to Brazil were repeatedly unanswered.</p><p>   Brazil's Health Ministry declined to comment to Reuters about specific points of criticism, including the repeated overtures by Pfizer. It said Brazil was making every effort to increase vaccinations with the aim of inoculating every eligible adult by the end of the year.</p><p>   President Jair Bolsonaro has been widely criticized by public health experts for his staunch opposition to lockdowns measures and his frequent refusal to wear a mask. He has dismissed the virus as just a \"little flu\" and threatened to use security forces against state governors who imposed local restrictions to try and halt its spread. He has derided those who stay at home to avoid the virus as \"idiots.\" In recent weeks, thousands have taken to the streets to call for Bolsonaro's impeachment.</p><p>   The presidency didn't respond to repeated requests for comment about Bolsonaro's handling of the pandemic. The Health Ministry said it was providing \"unqualified support to states and municipalities\" in the fight against COVID-19 and continues to stress the importance of preventive measures such as wearing a mask.</p><p>   As the variant took hold in Brazil, Lidiane watched helplessly from her home in Canada, an exchange with her husband rising incessantly to the forefront of her mind.</p><p>   \"If one of them catches it, it will spread and it will be a tragedy,\" she recalled him warning last year.</p><p>   \"And that's exactly what happened.\"</p><p>   A LITTLE COUGH</p><p>   The virus broke into the Cunha household the same way it has so often around the world, disguised as the mundane.</p><p>   On that day in late February, Ivanilda blamed the change in the weather for why she felt a little off.</p><p>   \"It just didn't occur to me that it could be…,\" Ivanilda said before trailing off, leaving the virus unsaid.</p><p>   Over the weekend at her mother's house, her cough got worse and she ran a low fever, but she remained adamant it was no more than a normal cold – and told her family so. Between looking after her mother and staying at home, she'd barely been out in months.</p><p>   On Monday, José Gonçalves, 67, came to take over and Ivanilda went home. At Dona Ana's house, the siblings shared the same room as they came and went, caring for their mother. This time was no different, and José Gonçalves slept in the same bed his younger sister had just used. He looked after his mother, as he had done for several years. As the oldest son, much of the burden fell on his slim but sturdy shoulders.</p><p>   On Wednesday morning, after another brother had come to take over, José Gonçalves went home. His wife, Maria, gave him a hug and a kiss as he came through the heavy brown wood door, happy he was back.</p><p>   Within a few hours, everything had changed. Ivanilda had tested positive for the coronavirus.</p><p>   Her test result descended on the family like a thick cloud. Maria was sitting on the sofa in their living room, the TV on, when her husband told her.</p><p>   \"What has she done?\" Maria remembers him repeating over and over again. \"What has Ivanilda done?\"</p><p>   But for a while, nothing happened. Ivanilda was in bed at home, but José Gonçalves felt completely fine, and their mother too. They took a test just to be sure.</p><p>   POSITIVE. They waited for sickness to come.</p><p>   Across Brazil, a brutal second wave was crashing, pushing hospitals to the breaking point and crowding the country's cemeteries. Intensive-care wards were filling up with patients of all ages, struggling to breathe.</p><p>   On March 11, the day after she had been scheduled to receive her second dose, Dona Ana collapsed at home. Doctors won't vaccinate those already infected with the virus because it is ineffective, and staff told her she would have to wait a few weeks until the infection had cleared before getting her second jab.</p><p>   Real-world studies have shown CoronaVac to be very effective at preventing hospitalization and death from two weeks after both doses are given. But Dona Ana appears to have been exposed to the virus just a few days after her first shot, likely leaving her with minimal protection.</p><p>   A preliminary study released in Brazil last month also found the Chinese vaccine to be less effective against symptomatic infection in older people, particularly those over 80. The institute responsible for the production of the vaccine in Brazil, Butantan, issued a statement saying it was normal for studies to find differing efficacies and that mortality data showed Coronavac was saving lives among the country's older population.</p><p>   José Gonçalves, who had gone to be with his mother after they had both tested positive, carried her to the car and drove to a nearby private hospital that accepted her medical insurance. The place was overrun with the sick and the dying, and the nurses told him the hospital couldn't provide his mother with the degree of care she needed. They asked him to stay and help. José Gonçalves stayed the night by his mother's side, knowing all the while he was carrying the virus too.</p><p>   The next day, he went home. His daughter Lidiane suspects he was already starting to feel sick, though he told her he was fine. On March 14, he too was taken to the hospital with dangerously low oxygen levels in his blood. It quickly became clear he needed intensive care, but there were no beds available.</p><p>   Hospitals were so stretched they were running out of basic sedatives needed to ease patients on to ventilators. But doctors had little choice, and on March 15, José Gonçalves was intubated on a temporary unit.</p><p>   His family spent the next days calling hospitals, fighting for a real ICU bed as his condition worsened, his kidneys showing signs of failure. José Gonçalves was luckier than many. On March 18, he was transferred to a full-fledged ICU bed at another hospital. His private healthcare meant he'd gotten a bed when many were still waiting and dying in line.</p><p>   Ivanilda was on a ventilator too, fighting for her life. For others, the light was already fading.</p><p>   Dona Ana died on Sunday, March 21. Her family had worried all that day, calling the hospital repeatedly for news, scared of the silence. That evening the hospital finally telephoned, confirming their fears. Her last words, spoken to a nurse in a glimmer of wakefulness, was a plea to see her family: \"I want to die at home.\"</p><p>   THREE GENERATIONS CUT DOWN</p><p>   In Brazil, families often step in where the state does not, whether that's a lift to soccer or school because of a lack of public transport or caring for one another because of gaps in the health system. Many Brazilians prefer it that way too, choosing the personal over the impersonal. Several generations often live together, or just a few blocks away.</p><p>   The members of the Cunha family understand that their closeness cost them dear. But most don't see how they could have acted any other way. Dona Ana refused a private nurse. She needed to be looked after; her children had little choice but to help.</p><p>   They say they place the blame far more on the country's stuttering vaccination campaign than their own failures to maintain social distance. A few weeks earlier, and Dona Ana would have been fully inoculated – potentially saving herself and stopping the virus' progression. In the U.S. or the UK, Ivanilda and José Gonçalves would also have been vaccinated before the virus hit the family. But vaccinations have stalled repeatedly in Brazil, with the rate of inoculations falling in May compared to April as delayed imports led to a shortage of shots. Towns across the country have been forced to delay second doses as the supply ran low.</p><p>   The Health Ministry did not comment on the Cunha tragedy. It told Reuters earlier this month that it continues to ramp up inoculations.</p><p>   The day after José Gonçalves was transferred to the ICU, his wife, Maria, was taken to the hospital too. Their daughter Regiane, 37, stayed by her side, fearful for her mother. Maria urged Regiane to leave, reminding her that she had a young child who needed her, but her daughter refused.</p><p>   \"I won't abandon you, Mother,\" Maria, 65, remembers her daughter saying to her repeatedly.</p><p>   Along the other branch of the family, a similar pattern was playing out.</p><p>   Ivanilda's positive test result had come too late to isolate and protect her husband, José Pedro. After Ivanilda was intubated, his sickness worsened and their daughter, Erika, who lived on the same plot of land, cared for him, bringing him food and medicine.</p><p>   Erika, a fit 40-year-old, feared for her parents but didn't give too much thought to herself. She wore a mask and tried to keep her distance, but when she tested positive too, she was hardly worried. She used it to her advantage at first, moving in with her father. \"I never had any health issues. I thought I'd pass through this, no problem,\" she said.</p><p>   But her cough got so bad, she could hardly breathe. Her father had already been taken to the hospital, and a few days later Erika followed. On March 25, the day after Erika was hospitalized, she was put on a ventilator. Her father died the same day.</p><p>   When Erika awoke from her induced coma nine days later, she had no idea her father was dead. Afraid the news would harm her recovery, the family kept it from her for weeks.</p><p>   Scientists don't know why the variant appears to be hitting younger people harder. Some believe it is predominantly down to behavioral factors, with younger people taking fewer precautions and more of them catching the virus as a result. But increasingly Brazilian doctors also think there is something about the variant's makeup that is affecting young people more than the previous iteration of the virus that spread through the country last year.</p><p>   The demographic of those in intensive care in Brazil has changed dramatically. In March, hospital data showed that for the first time, the majority of those in ICUs were 40 or younger. The Health Ministry  has also noticed an increased risk to expectant mothers, advising women to avoid getting pregnant for now, if possible.</p><p>   As more family members were hospitalized, Maria's condition was improving. Doctors called her resilience \"a miracle.\" On April 1, she messaged the family on WhatsApp to say she would be leaving the hospital the next day. Her children sent delighted messages back, but Regiane was silent. \"That's when I knew something was wrong,\" Maria said.</p><p>   Days earlier, Regiane had been taken to the hospital with dangerously low oxygen levels. She was overweight and suffered from thrombosis, but the family was shocked at the damage the virus was wreaking on someone so young. Maria, still recovering and on oxygen at home, asked the family not to share any bad news with her. But the silence, she recalled, told her everything she didn't want to know.</p><p>   On April 3, her husband, José Gonçalves, died of a cardiac arrest after nearly three weeks on a ventilator. The bed the family had secured for him in intensive care had helped him live longer, but it had not been enough. They say they still wonder whether the outcome could have been different if he'd got an ICU bed immediately.</p><p>   Regiane hung on for another month. But by the end of April, she had developed a generalized infection and was no longer responding to heavy antibiotics. She died on May 1, the third generation of the family to have a life taken by COVID-19 in the span of just six weeks.</p><p>   Maria has barely left her home since she returned from the hospital to an empty house. Her psychologist recommends she go for walks, but she struggles to find the strength, paralyzed by fear, knowing the virus is still out there.</p><p>   Ivanilda still hasn't spent a night at home, staying instead with her daughter. She says she's too afraid of the memories that come when she's alone. She asks how God could have allowed this to happen.</p><p>   She has apologized to the family.</p><p>   \"The time that I caught it, that the others caught it as well, suggests that it was caused by me, started with me.\" Her mind spins through possibilities of where it might have happened. Maybe when she took her husband to the hospital for a checkup, perhaps through a neighbor.</p><p>   She has lost her husband, her brother, her niece and her mother. \"My mother for me was everything,\" she said. \"She was everything to me, and she continues to be everything to me.\"</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ For an online version    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Stephen Eisenhammer, editing by Kari Howard)</p><p>((Stephen.Eisenhammer@thomsonreuters.com; Kari.Howard@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146079837","content_text":"(For more Reuters Special Reports, click on   )   By Stephen Eisenhammer   SAO PAULO, Brazil, June 25 (Reuters) - Ana Coelho da Cunha rose early on the last Wednesday of February, picked out a smart outfit and spritzed herself with a favorite perfume. It was a special day: The 85-year-old was getting vaccinated.   Relief spread through the matriarch's tight Brazilian family, who had waited months for the shot, watching enviously as richer nations launched inoculation campaigns amid repeated delays to their own country's coronavirus vaccine rollout. For the first time in a year of the pandemic, her 10 children and 22 grandchildren could see a way out: an end to the enforced distance, to the canceled feasts of pork bean stew, to the constant fear.   \"Everyone was so excited,\" said her granddaughter Lidiane, who was largely raised by \"Dona\" Ana – as everyone has long called the feisty octogenarian. \"It looked like things were about to change.\"   Instead, the fate of the Cunha family shows in chilling detail the danger still faced by those in most of the developing world, where vaccines – or the raw materials to produce them – are trickling into countries still facing a raging virus.   Dona Ana, a widow, required constant care. Four of her children looked after her, taking turns to stay at the big yellow-white house the family built half a century ago in the suburbs of Belo Horizonte, a vibrant city in Brazil's southeast first founded by a wayward gold prospector.   They had tried to hire a nurse for her, but she refused. She wanted her family close.   Concern had grown with the rising wave of infections in Brazil, which by last June had become the world's deadliest outbreak after the United States, and has in recent months been stalked by a new, highly transmissible variant that has increasingly struck down younger generations of Brazilians.   But now, finally, Dona Ana was being given the Chinese-developed CoronaVac, one of two dominant COVID-19 vaccines in Brazil. After the shot, she gave thanks to God.   That evening on a family WhatsApp group, another granddaughter asked about Dona Ana, \"the powerful, vaccinated one.\" Her eldest son, José Gonçalves, replied, \"She's well, happy to be vaccinated.\" Two days later, Dona Ana's second-eldest daughter, Ivanilda, was at her mother's house cleaning. It was unseasonably cold, and when she had finished, she coughed.   The 64-year-old thought little of it, putting it down to the chilly weather and dust from the house – she'd always struggled with allergies. She spent the weekend with her mother and then handed off the caretaker duties to her older brother José Gonçalves on the following Monday.   LACK OF VACCINES   In rich nations such as Britain, the United States and Israel, droves of the newly vaccinated are celebrating their newfound freedom at barbecues and soccer matches and wondering when they should get a booster shot.   But in Brazil, the toll of COVID-19 keeps rising, with more than 500,000 dead. Fewer than 12% of Brazilians are fully vaccinated, with about 30% receiving a first dose. Across Latin America, which now accounts for nearly half of daily worldwide coronavirus deaths, the proportion of inoculated people is lower still.   Other parts of the world are also struggling, most notably India, where around 17% of the population has had an initial shot amid a terrible assault by another variant.   In the face of rising vaccine inequality, the World Health Organization is calling ever more loudly for rich nations to free up supplies to Brazil, India and other countries, and there is some movement by the United States and the European Union to donate doses. But for now, life remains edgy in countries with slower vaccine rollouts and virulent variants.   As someone in her 80s in a relatively young population, Dona Ana was near the front of the queue in Brazil, but still her jab came nearly three months after the United Kingdom started its vaccination campaign.   In Brazil, cities have been forced to halt inoculations because of a lack of doses as delays plague shipments of active ingredients from China. The country's Senate is investigating accusations of negligence and mismanagement in the government's handling of the pandemic and the securing of vaccines. Last year, for example, approaches from Pfizer Inc. to sell its vaccine to Brazil were repeatedly unanswered.   Brazil's Health Ministry declined to comment to Reuters about specific points of criticism, including the repeated overtures by Pfizer. It said Brazil was making every effort to increase vaccinations with the aim of inoculating every eligible adult by the end of the year.   President Jair Bolsonaro has been widely criticized by public health experts for his staunch opposition to lockdowns measures and his frequent refusal to wear a mask. He has dismissed the virus as just a \"little flu\" and threatened to use security forces against state governors who imposed local restrictions to try and halt its spread. He has derided those who stay at home to avoid the virus as \"idiots.\" In recent weeks, thousands have taken to the streets to call for Bolsonaro's impeachment.   The presidency didn't respond to repeated requests for comment about Bolsonaro's handling of the pandemic. The Health Ministry said it was providing \"unqualified support to states and municipalities\" in the fight against COVID-19 and continues to stress the importance of preventive measures such as wearing a mask.   As the variant took hold in Brazil, Lidiane watched helplessly from her home in Canada, an exchange with her husband rising incessantly to the forefront of her mind.   \"If one of them catches it, it will spread and it will be a tragedy,\" she recalled him warning last year.   \"And that's exactly what happened.\"   A LITTLE COUGH   The virus broke into the Cunha household the same way it has so often around the world, disguised as the mundane.   On that day in late February, Ivanilda blamed the change in the weather for why she felt a little off.   \"It just didn't occur to me that it could be…,\" Ivanilda said before trailing off, leaving the virus unsaid.   Over the weekend at her mother's house, her cough got worse and she ran a low fever, but she remained adamant it was no more than a normal cold – and told her family so. Between looking after her mother and staying at home, she'd barely been out in months.   On Monday, José Gonçalves, 67, came to take over and Ivanilda went home. At Dona Ana's house, the siblings shared the same room as they came and went, caring for their mother. This time was no different, and José Gonçalves slept in the same bed his younger sister had just used. He looked after his mother, as he had done for several years. As the oldest son, much of the burden fell on his slim but sturdy shoulders.   On Wednesday morning, after another brother had come to take over, José Gonçalves went home. His wife, Maria, gave him a hug and a kiss as he came through the heavy brown wood door, happy he was back.   Within a few hours, everything had changed. Ivanilda had tested positive for the coronavirus.   Her test result descended on the family like a thick cloud. Maria was sitting on the sofa in their living room, the TV on, when her husband told her.   \"What has she done?\" Maria remembers him repeating over and over again. \"What has Ivanilda done?\"   But for a while, nothing happened. Ivanilda was in bed at home, but José Gonçalves felt completely fine, and their mother too. They took a test just to be sure.   POSITIVE. They waited for sickness to come.   Across Brazil, a brutal second wave was crashing, pushing hospitals to the breaking point and crowding the country's cemeteries. Intensive-care wards were filling up with patients of all ages, struggling to breathe.   On March 11, the day after she had been scheduled to receive her second dose, Dona Ana collapsed at home. Doctors won't vaccinate those already infected with the virus because it is ineffective, and staff told her she would have to wait a few weeks until the infection had cleared before getting her second jab.   Real-world studies have shown CoronaVac to be very effective at preventing hospitalization and death from two weeks after both doses are given. But Dona Ana appears to have been exposed to the virus just a few days after her first shot, likely leaving her with minimal protection.   A preliminary study released in Brazil last month also found the Chinese vaccine to be less effective against symptomatic infection in older people, particularly those over 80. The institute responsible for the production of the vaccine in Brazil, Butantan, issued a statement saying it was normal for studies to find differing efficacies and that mortality data showed Coronavac was saving lives among the country's older population.   José Gonçalves, who had gone to be with his mother after they had both tested positive, carried her to the car and drove to a nearby private hospital that accepted her medical insurance. The place was overrun with the sick and the dying, and the nurses told him the hospital couldn't provide his mother with the degree of care she needed. They asked him to stay and help. José Gonçalves stayed the night by his mother's side, knowing all the while he was carrying the virus too.   The next day, he went home. His daughter Lidiane suspects he was already starting to feel sick, though he told her he was fine. On March 14, he too was taken to the hospital with dangerously low oxygen levels in his blood. It quickly became clear he needed intensive care, but there were no beds available.   Hospitals were so stretched they were running out of basic sedatives needed to ease patients on to ventilators. But doctors had little choice, and on March 15, José Gonçalves was intubated on a temporary unit.   His family spent the next days calling hospitals, fighting for a real ICU bed as his condition worsened, his kidneys showing signs of failure. José Gonçalves was luckier than many. On March 18, he was transferred to a full-fledged ICU bed at another hospital. His private healthcare meant he'd gotten a bed when many were still waiting and dying in line.   Ivanilda was on a ventilator too, fighting for her life. For others, the light was already fading.   Dona Ana died on Sunday, March 21. Her family had worried all that day, calling the hospital repeatedly for news, scared of the silence. That evening the hospital finally telephoned, confirming their fears. Her last words, spoken to a nurse in a glimmer of wakefulness, was a plea to see her family: \"I want to die at home.\"   THREE GENERATIONS CUT DOWN   In Brazil, families often step in where the state does not, whether that's a lift to soccer or school because of a lack of public transport or caring for one another because of gaps in the health system. Many Brazilians prefer it that way too, choosing the personal over the impersonal. Several generations often live together, or just a few blocks away.   The members of the Cunha family understand that their closeness cost them dear. But most don't see how they could have acted any other way. Dona Ana refused a private nurse. She needed to be looked after; her children had little choice but to help.   They say they place the blame far more on the country's stuttering vaccination campaign than their own failures to maintain social distance. A few weeks earlier, and Dona Ana would have been fully inoculated – potentially saving herself and stopping the virus' progression. In the U.S. or the UK, Ivanilda and José Gonçalves would also have been vaccinated before the virus hit the family. But vaccinations have stalled repeatedly in Brazil, with the rate of inoculations falling in May compared to April as delayed imports led to a shortage of shots. Towns across the country have been forced to delay second doses as the supply ran low.   The Health Ministry did not comment on the Cunha tragedy. It told Reuters earlier this month that it continues to ramp up inoculations.   The day after José Gonçalves was transferred to the ICU, his wife, Maria, was taken to the hospital too. Their daughter Regiane, 37, stayed by her side, fearful for her mother. Maria urged Regiane to leave, reminding her that she had a young child who needed her, but her daughter refused.   \"I won't abandon you, Mother,\" Maria, 65, remembers her daughter saying to her repeatedly.   Along the other branch of the family, a similar pattern was playing out.   Ivanilda's positive test result had come too late to isolate and protect her husband, José Pedro. After Ivanilda was intubated, his sickness worsened and their daughter, Erika, who lived on the same plot of land, cared for him, bringing him food and medicine.   Erika, a fit 40-year-old, feared for her parents but didn't give too much thought to herself. She wore a mask and tried to keep her distance, but when she tested positive too, she was hardly worried. She used it to her advantage at first, moving in with her father. \"I never had any health issues. I thought I'd pass through this, no problem,\" she said.   But her cough got so bad, she could hardly breathe. Her father had already been taken to the hospital, and a few days later Erika followed. On March 25, the day after Erika was hospitalized, she was put on a ventilator. Her father died the same day.   When Erika awoke from her induced coma nine days later, she had no idea her father was dead. Afraid the news would harm her recovery, the family kept it from her for weeks.   Scientists don't know why the variant appears to be hitting younger people harder. Some believe it is predominantly down to behavioral factors, with younger people taking fewer precautions and more of them catching the virus as a result. But increasingly Brazilian doctors also think there is something about the variant's makeup that is affecting young people more than the previous iteration of the virus that spread through the country last year.   The demographic of those in intensive care in Brazil has changed dramatically. In March, hospital data showed that for the first time, the majority of those in ICUs were 40 or younger. The Health Ministry  has also noticed an increased risk to expectant mothers, advising women to avoid getting pregnant for now, if possible.   As more family members were hospitalized, Maria's condition was improving. Doctors called her resilience \"a miracle.\" On April 1, she messaged the family on WhatsApp to say she would be leaving the hospital the next day. Her children sent delighted messages back, but Regiane was silent. \"That's when I knew something was wrong,\" Maria said.   Days earlier, Regiane had been taken to the hospital with dangerously low oxygen levels. She was overweight and suffered from thrombosis, but the family was shocked at the damage the virus was wreaking on someone so young. Maria, still recovering and on oxygen at home, asked the family not to share any bad news with her. But the silence, she recalled, told her everything she didn't want to know.   On April 3, her husband, José Gonçalves, died of a cardiac arrest after nearly three weeks on a ventilator. The bed the family had secured for him in intensive care had helped him live longer, but it had not been enough. They say they still wonder whether the outcome could have been different if he'd got an ICU bed immediately.   Regiane hung on for another month. But by the end of April, she had developed a generalized infection and was no longer responding to heavy antibiotics. She died on May 1, the third generation of the family to have a life taken by COVID-19 in the span of just six weeks.   Maria has barely left her home since she returned from the hospital to an empty house. Her psychologist recommends she go for walks, but she struggles to find the strength, paralyzed by fear, knowing the virus is still out there.   Ivanilda still hasn't spent a night at home, staying instead with her daughter. She says she's too afraid of the memories that come when she's alone. She asks how God could have allowed this to happen.   She has apologized to the family.   \"The time that I caught it, that the others caught it as well, suggests that it was caused by me, started with me.\" Her mind spins through possibilities of where it might have happened. Maybe when she took her husband to the hospital for a checkup, perhaps through a neighbor.   She has lost her husband, her brother, her niece and her mother. \"My mother for me was everything,\" she said. \"She was everything to me, and she continues to be everything to me.\"    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ For an online version       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Reporting by Stephen Eisenhammer, editing by Kari Howard)((Stephen.Eisenhammer@thomsonreuters.com; Kari.Howard@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":124732625,"gmtCreate":1624790519967,"gmtModify":1703845190270,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/A50.SI\">$THOMSON MEDICAL GROUP LIMITED(A50.SI)$</a>so sad but jiayou","listText":"<a href=\"https://laohu8.com/S/A50.SI\">$THOMSON MEDICAL GROUP LIMITED(A50.SI)$</a>so sad but jiayou","text":"$THOMSON MEDICAL GROUP LIMITED(A50.SI)$so sad but jiayou","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/124732625","isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585129153216801","authorId":"3585129153216801","name":"JCHP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"idStr":"3585129153216801","authorIdStr":"3585129153216801"},"content":"@Gee2, why do you say so?","text":"@Gee2, why do you say so?","html":"@Gee2, why do you say so?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161395263,"gmtCreate":1623904011252,"gmtModify":1703823133435,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/161395263","repostId":"1151875977","repostType":4,"repost":{"id":"1151875977","pubTimestamp":1623900744,"share":"https://ttm.financial/m/news/1151875977?lang=&edition=fundamental","pubTime":"2021-06-17 11:32","market":"us","language":"en","title":"Snowflake: A Very Aggressive Bet On The Future Of The Data Cloud","url":"https://stock-news.laohu8.com/highlight/detail?id=1151875977","media":"seekingalpha","summary":"Summary\n\nSnowflake has only recently started to recover after the long decline from an all time high","content":"<p><b>Summary</b></p>\n<ul>\n <li>Snowflake has only recently started to recover after the long decline from an all time high of $429 that occurred within the December 8 market session.</li>\n <li>Snowflake created the concept of the Data Cloud which allows organizations to unify and connect to a single copy of all of their data with ease.</li>\n <li>Every Snowflake account is capable of sharing data in the Snowflake Data Marketplace, which is a concept that is very early on in its lifecycle.</li>\n <li>During&nbsp;Investor Day on June 10, Snowflake revealed plans to reach $10 billion in product revenue by the end of 2028 (FY29)&nbsp;with a long-term operating margin target of 10%.</li>\n <li>Snowflake is a buy but only for very aggressive investors as the valuation assumes a lot of growth.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4f629e0a3038cb93bd57cccce00547d\" tg-width=\"768\" tg-height=\"432\"><span>metamorworks/iStock via Getty Images</span></p>\n<p>Last September, Snowflake (NASDAQ:SNOW) began life as a public company after&nbsp;the largest software IPO in history. Snowflake was at the time of its IPO, a unprofitable software company, which is why it was interesting that Warren Buffett's Berkshire Hathaway (NYSE:BRK.A) , which normally eschews investing in software or cloud companies actually wound up&nbsp;investing $735 million or 6.1 million Snowflake shares at the $120 IPO price.</p>\n<p>On September 18, 2020, CEO Frank Slootman,in an interview, disclosed that Berkshire's insurance unit has been using Snowflake's services for quite awhile and that might be part of the reason that Berkshire was comfortable enough to invest in Snowflake's stock. The Slootman interview also disclosed that Snowflake's interactions with Berkshire have been through Todd Combs, the CEO of Berkshire holding GEICO. Since Todd Combs also serves as a Berkshire investment manager, he is probably the one directly responsible for the Snowflake investment and not Buffett.</p>\n<p>Salesforce Ventures (NYSE:CRM)&nbsp;also decided to make an investment&nbsp;of more than $500 million in the company at the IPO, as a play on digital transformation and long term cloud adoption. Snowflake's stock soared in the months following its IPO, partially due to investors being interested in the fastest growing of all the fast growing digital transformation plays and partially due to Snowflake receiving the seal of approval from both Berkshire and Salesforce.</p>\n<p>Snowflake finally ended up reached an all time high of $429.00 within the December 8th market session, at which point Snowflake was selling for 245x Sales and was already being called \"The Most Highly Valued Large Cap Company in History\".</p>\n<p>Eventually, due to&nbsp;fears of rising interest rates and inflation, investors began losing enthusiasm for stocks selling at high valuations and nervous investors have since sold Snowflake's stock down to the point where it had reached all time lows of $184.71 per share on May 13. Since, then the stock has risen slightly over 30% and the question now becomes for investors, \"Is Snowflake a buy at current prices, even though, the company still sells for around 85X sales?\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/324a101dce1df05ccb338b782dd193d3\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>This article will go through some of the reasons why many investors are still very infatuated with Snowflake and also go through recent earnings, as well as explain why I consider Snowflake a buy for very aggressive investors.</p>\n<p><b>Snowflake CEO Frank Slootman</b></p>\n<p>Snowflake was founded in July 2012 by two former Oracle (NYSE:ORCL) engineers Benoit Dageville and Thierry Cruanes, along with Marcin Żukowski, co-founder of the Dutch start-up Vectorwise. The first CEO of Snowflake was Mike Speiser, a venture capitalist at Sutter Hill Ventures. In June 2014, Snowflake appointed former Microsoft (NASDAQ:MSFT) executive Bob Muglia as CEO, as the company emerged from stealth mode.</p>\n<p>In May 2019, the company decided to change the leadership team again to Frank Slootman, the retired former CEO of ServiceNow (NASDAQ:NOW), who joined Snowflake as its CEO and Michael Scarpelli, the former CFO of ServiceNow who joined Snowflake as CFO.</p>\n<p>In an&nbsp;article Beth Kindig wrote for Forbes&nbsp;near the date of the IPO, she indicated that the change of CEOs from Bob Muglia to Frank Slootman likely occurred because of pressure from private investors that wanted leadership from someone that had a proven track record of showing that they could grow an enterprise tech company very quickly and who also could make a successful profitable exit for investors in an IPO. Investors got that type of CEO in Frank Slootman, who has a type of \"Rockstar\" status among CEOs.</p>\n<blockquote>\n “He’s one of the most impressive, most accomplished, most respected CEOs in enterprise tech,” said Asheem Chandna, a software investor at Greylock Partners, which invested in the first two companies Slootman took public, Data Domain (later acquired by EMC and now part ofDell) and ServiceNow. “He’s a take-no-prisoners leader. He can point at a hill and inspire the entire team to follow him to take the hill.”\n</blockquote>\n<blockquote>\n Source:CNBC\n</blockquote>\n<p>Frank Slootman already had a rich history that involved turning around a company called Data Domain, which was detailed in his book “TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story”. When Slootman first took over Data Domain in 2003, the company had no customers, no revenues, and was a few months away from bankruptcy. In six years, Slootman grew Data Domain to the point where it was selling more than all of its competitors combined. Slootman then successfully sold the company to EMC (NYSE:DELL) in 2009 for $2.1 billion and the&nbsp;Data Domain product line has been Dell EMC's flagship platform&nbsp;for backup, archive and disaster recovery ever since.</p>\n<p>Two years later, Slootman took over the CEO role of ServiceNow between 2011 to 2017. Part of Slootman's accomplishments at ServiceNow was guiding the company to a 2012 IPO.</p>\n<p>For individuals that think that&nbsp;the role of the CEO is essential for a company's success, Snowflake has perhaps one of the best CEOs in the tech sector and the presence of CEO Frank Slootman alone, should be reason enough to consider Snowflake as an investment.</p>\n<p><b>The Data Cloud</b></p>\n<p>Snowflake is a cloud native company that offers unlimited storage and compute in the cloud in a manner designed to be flexible and convenient for companies. Snowflake was built with the purpose of replacing legacy&nbsp;data warehouses. The Snowflake platform is essentially a complete redesign and reimagining of data warehouse architecture and technology</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f08eef11f814a575de7b02b82c5f49bb\" tg-width=\"640\" tg-height=\"176\"><span>Source:Snowflake Presentation titled \"A Detailed View Inside Snowflake\"</span></p>\n<p></p>\n<p>The problem with how many companies handle data today, is that they have what is known as a&nbsp;siloed data&nbsp;problem. Siloed data simply means that the same information is often stored in different databases, leading to inconsistencies between data located in different parts of the company. Siloed data also often makes it difficult to join data to gain new insights or have the ability to act quickly on any new data.</p>\n<p>Snowflake gives company's the ability to join all of their data together and eliminate discrepancies between data from different sources, and reduce&nbsp;data latency. With joined data and reduced data latency, comes the ability for companies to use new incoming data quickly and this is a huge driver for Snowflake's business. When companies become Snowflake customers, they often find that what used to take hours or days to go through data now only takes minutes.</p>\n<p>With Snowflake's innovations, data is now moving from an era of simply informing people to driving operations right as the information signals come in with very little latency. No more will important business decisions be done with only anecdotal observation. Business decisions will increasingly be data driven. That is what digital transformation actually means for a business.</p>\n<p>Every business, in order to survive will eventually have to digitally transform and Snowflake is becoming an essential building block for digital transformation. The&nbsp;<b>Data Cloud</b>is the building block of digital transformation and Snowflake is evolving to become the largest independent&nbsp;<b>Data Cloud</b>.</p>\n<p><b>Data Sharing</b></p>\n<p>Anyone that has a Snowflake account is capable of sharing data. Data sharing is about to become an additional important business for Snowflake. Snowflake has already built a Data Marketplace and is on the verge of starting to really monetize it. Just recently,Snowflake announced&nbsp;that it was accelerating data collaboration with more than 500 Listings in the Snowflake Data Marketplace.</p>\n<p>Business will be able to search for what data is being offered on the Data Marketplace with some of the data offers being for free and some data offers for pay. The Snowflake management team expects that in the future, data networking will become frictionless and that today, we are on the beginning edges of a true data exchange network application.</p>\n<p>Snowflake expects data sharing to become a big part of their business moving forward and eventually a big part of any future moat because data sharing can translate into powerful&nbsp;network effects, in that the more businesses use the data sharing through Snowflake's market, the more valuable the Snowflake Data Market will become.</p>\n<p><b>Snowflake Architecture</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f8ac65aba89c4df78926d8b9684c24d\" tg-width=\"640\" tg-height=\"363\"><span>Source:Snowflake Presentationtitled \"A Detailed View Inside Snowflake\"</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8494b11b7683d8c1c9aa35501c234e01\" tg-width=\"640\" tg-height=\"439\"><span>Source:Snowflake User Guide</span></p>\n<p>Snowflake’s novel design consists of three components:</p>\n<ol>\n <li><b>Storage</b>: the persistent storage layer for data stored on Snowflake</li>\n <li><b>Compute</b>: a collection of independent compute resources that execute data processing tasks required for queries. Snowflake also describes this compute as virtual warehouses.</li>\n <li><b>Services</b>: a collection of system services that handle infrastructure, security, metadata, and optimization across the entire Snowflake system</li>\n</ol>\n<p>Snowflake has a decoupled architecture that allows for compute and storage to scale separately. The database storage can be provided from any cloud provider that the customer chooses.</p>\n<p>Query processing or compute takes place in what Snowflake calls virtual warehouses. To simplify things for people that are not data experts, a&nbsp;<b>query</b>&nbsp;is a request for data&nbsp;or information from a database table or combination of tables. Query processing is simply using the compute resources to perform a search for data.</p>\n<p>Snowflake uses massively parallel processing or MPP, in the compute/virtual warehouse setup to process queries.Massively parallel processing&nbsp;is a form of collaborative processing of the same program by two or more processors or in this case virtual warehouses. The advantage of using MPP in the virtual warehouse setup is that the virtual warehouses can access the storage layer independently so as not to compete for compute power.</p>\n<p>Snowflake's virtual warehouses have the ability to access any of the databases in the database storage layer to which they have been granted access, and these virtual warehouses can be created, resized and deleted dynamically as resource needs change. When virtual warehouses execute queries, they transparently and automatically cache data from the database storage layer. Snowflake has the advantage of being able to dynamically bring together the storage, compute and services layers, delivering exactly the resources needed exactly when they are needed, meaning that under a multitude of different usage scenarios, Snowflake is able to dynamically create the right balance of IO, memory, CPU, etc.</p>\n<p>Traditional data warehouse, on the other hand, will often tightly couple the storage, compute, and database services. The disadvantage of doing this is there are performance limitations as the number of workloads and users increase, meaning such a configuration is not very scalable.</p>\n<p>Snowflake's competitors, such as Amazon's (NASDAQ:AMZN) Redshift, for instance, can be disadvantaged when having the compute and storage so tightly coupled, because more often than not more time must be spent manually reconfiguring things, which is a disadvantage.</p>\n<p>One of Snowflake’s&nbsp;unique value propositions&nbsp;is the company’s relatively flexible business model compared to its peers. Snowflake touts this ability on its website:</p>\n<blockquote>\n “Whether you’re a business or technology professional, get the performance, flexibility, and near-infinite scalability to easily load, integrate, analyze and securely share your data.”\n</blockquote>\n<blockquote>\n Source:Snowflake\n</blockquote>\n<p>Snowflake's virtual data warehouse setup where workloads share the same data but can run independently, makes it easier for customers to run smaller workloads. Snowflake management calls this the ability to scale down. When a company joins Snowflake, it does not require a big upfront commitment like it might with other companies. Snowflake allows customers to fully customize their services with an ability to scale down to whatever level is needed. Companies only have to pay for the services they need, instead of having to pay for big bulked up packages containing unnecessary services.</p>\n<p>Snowflake’s competitors, on the other hand, often combine compute, storage and services, then require customers to size and pay based on the largest workload, which can make some data warehouses completely unaffordable or inefficient for some companies.</p>\n<p>Snowflake's documentation&nbsp;claims that the Snowflake data platform is not built on any existing database technology or “big data” software platforms such as&nbsp;Hadoop. Instead, Snowflake combines a completely new SQL query engine with an innovative database architecture natively designed for the cloud. This database and query engine helps Snowflake perform faster queries with fewer errors and costs over competitors.</p>\n<p>I don't want this explanation to get too technical for those not familiar with databases, storage or how the cloud works, so for those that want a more technical explanation of Snowflake's architecture, they can read Snowflake's&nbsp;documentation. or read a&nbsp;Snowflake Presentation&nbsp;titled \"A Detailed View Inside Snowflake\".</p>\n<p><b>C3 AI and Snowflake Partner</b></p>\n<p>Before going through earnings, I wanted to highlight&nbsp;some very recent news&nbsp;of a new collaboration between C3.ai (NYSE:AI) and Snowflake. C3 AI is an enterprise AI software provider that provides a suite that provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches.</p>\n<p>This partnership will give companies that currently use Snowflake access to the C3 AI® Suite and pre-built C3 AI applications that include a range of industries and enterprise AI use cases, including AI-based CRM, predictive maintenance, supply network optimization, and fraud detection.</p>\n<blockquote>\n C3.ai's chief product officer, Houman Behzadi, said the partnership \"will create significant time and operational efficiencies for Snowflake's customers and solidify Snowflake as the operational data platform of choice for enterprise AI applications.\"\n</blockquote>\n<blockquote>\n Source: C3.ai's chief product officer, Houman Behzadi -ZDNet\n</blockquote>\n<p><b>Snowflake Q1 FY 2022 Earnings</b></p>\n<p>Snowflake's Q1 FY 2022 remaining performance obligations or RPO was $1.4 billion, representing 206% year-over-year growth. The RPO results reflected more multimillion-dollar relationships with particular strength in the telecom and technology sectors. Of the $1.4 billion in RPO, Snowflake expects approximately 54% to be recognized as revenue in the next 12 months.</p>\n<p>Snowflake defines RPO in its&nbsp;earnings press release&nbsp;as the amount of contracted future revenue that has not yet been recognized, including both deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods.</p>\n<p>RPO excludes performance obligations from on-demand arrangements and certain time and materials contracts that are billed in arrears.<b>RPO is not necessarily indicative of future product revenue growth because it does not account for the timing of customers’ consumption or their consumption of more than their contracted capacity</b>.</p>\n<p>At the end of Q1, Snowflake had 4,532 total customers. The total number reflects the addition of 393 net new customers in Q1, including three seven-figure new customers. Several of these customer wins might be recognizable names to investors that include Datadog (NASDAQ:DDOG) and Walgreens Boots Alliance (NASDAQ:WBA) and Equifax (NYSE:EFX).</p>\n<p>Snowflake management has stated that they have a strong interest in penetrating more of the largest enterprises globally because they provide the largest opportunity for account expansion. On that note, Snowflake now has 104 customers with trailing 12-month product revenue greater than $1 million, up from 77 last quarter. CFO Michael Scarpelli had some interesting things to say about Snowflake expanding with large customers that shows why the company's products are gaining fans among large enterprises</p>\n<blockquote>\n When we expand within our largest customers, we typically replace more than one solution. In many cases, we replace on-premise and first-generation cloud solutions, and we address new workloads.\n <b>Snowflake creates use cases that were previously impossible</b>. This is what fuels our 168% net revenue retention rate, and we remain confident that our net revenue retention will stay above 160% for the fiscal year.\n</blockquote>\n<blockquote>\n Source: CFO Michael Scarpelli -Snowflake Q1 FY2022 Earnings Call\n</blockquote>\n<p>Snowflake's&nbsp;net revenue retention rate of 168% is probably the best&nbsp;number in the SaaS world. Snowflake calculates their net retention number by first specifying a measurement period consisting of the trailing two years from the current period end. Next, Snowflake defines the measurement cohort as the population of customers under capacity contracts that used the platform at any point in the first month of the first year of the measurement period. The net revenue retention is then defined as the quotient obtained by dividing the product revenue from the cohort in the second year of the measurement period by the product revenue from this cohort in the first year of the measurement period.</p>\n<p>So a net retention rate of 168% means that the customer cohort that spent $100 on average in the first year of the measurement period on the Snowflake platform is spending on average $168 in the second year of the measurement period.. Any customer in the cohort that did not use the platform in the second year remains in the calculation and simply contributes zero product revenue in the second year.</p>\n<p>Snowflake grew product and total revenues grew 110% year over year to $229 million. Product revenue grew to $214 million, reflecting strength in Snowflake consumption. Product revenue is a key metric for Snowflake because revenue is recognized based on platform consumption, which is inherently variable at the customers discretion, and not based on the amount and duration of contract terms. Professional services and other revenue was 15 million.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b09f8c93a8df1f1ad6663d3c88240f18\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>As explained in Snowflake's&nbsp;Q1 FY2022 earnings release, product revenue primarily includes compute, storage, and data transfer resources, which are consumed by customers on Snowflake's platform as a single, integrated offering. Snowflake customers have the ability to consume more than their contracted capacity during the contract term and may have the ability to roll over unused capacity to future periods, generally on the purchase of additional capacity at renewal.</p>\n<p>Snowflake's consumption-based business model distinguishes the company from subscription-based SaaS companies that generally recognize revenue ratably over the contract term and may not permit rollover of services. Because customers have flexibility in the timing of their consumption, which can exceed their contracted capacity or extend beyond the original contract term in many cases, Snowflake believes that the amount of product revenue recognized in a given period is an important indicator of customer satisfaction and the value derived from the platform.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cbf138441130b474d888f2b8c3b6a14d\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Snowflake's Cost of Sales was $97.35 million. Snowflake's overall Gross Profit rose 98.6% to $131.57 million. Overall Gross Margins were 57.47% and on a non-GAAP basis, Snowflake's<b>product</b>gross margin was 72%, up from 66% in the comparable quarter last year<b>.</b></p>\n<p>Favorable cloud service agreements, growing scale across different regions and Snowflake's enterprise customer's success all contributed to steady product gross margin improvements. Management also indicated during the earnings call that in the long term, the product gross margin number could trend upward into the mid 70’s with the help of improved data storage economics. The recent changes to Snowflake’s storage representation of data have resulted in better data compression and reduced storage costs, which help the gross margin.</p>\n<blockquote>\n And the way it [Data Compression] improves margin is because storage becomes more efficient. Storage is a smaller component of the overall mix of the revenue, and compute is the real value of our software that drives more margin. And I will say we did roll this out in April, and you do see some of that coming into an impact on last quarter. But we did say at our IPO, if you remember, we thought we could get to the mid-70s [in product gross margins]. That might feel very good that we'll get to the mid-70s. It's going to take some time.\n</blockquote>\n<blockquote>\n Source: CFO Michael Scarpelli -Snowflake Q1 FY2022 Earnings Call\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529eb97bb77469e322f930569f856186\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>Total Operating Expenditures were $337.16 Million. Snowflake recorded an Operating Loss of $205.60 Million. Product Operating margin was negative 16%, benefiting from revenue outperformance.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6dbb627575db2043508b5d9184639717\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Snowflake recorded a net loss of $203.22 Million in Q1. Net loss per share attributable to common stockholders, basic and diluted was -$0.70.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61498379509a7d72eac3dc247b9d077b\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>Adjusted free cash flow margin was 10% and was positively impacted by strong collections from Q4 bookings and operating margin outperformance. Adjusted free cash flow excludes the $10 million impact of net cash paid or received on both employee and employer payroll tax-related items on employee stock option transactions. Adjusted free cash flow is defined as free cash flow plus (minus) net cash paid (received) on payroll tax-related items on employee stock transactions.</p>\n<p>Free cash flow is defined as net cash provided by (used in) operating activities reduced by purchases of property and equipment and capitalized internal-use software development costs. Free cash flow was $2.48 million during Q1.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7cff66a7608df26acf8524dc7a00a4e\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>It is important to remember that Snowflake does experience free cash flow seasonality. In fiscal '21, Q1 and Q4 were the strongest free cash flow quarters, while Q2 was the weakest and this pattern is expected to continue in future periods.</p>\n<p><b>Guidance</b></p>\n<p><b>Snowflake Q2 FY2022 Guidance</b></p>\n<p><img src=\"https://static.tigerbbs.com/b22e33efd1f082c777336f7bab0d3926\" tg-width=\"640\" tg-height=\"230\" referrerpolicy=\"no-referrer\"><b>FY 2022 Full Year Guidance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2cd6518f91e69cf59128aedc5da0d0de\" tg-width=\"640\" tg-height=\"262\"><span>Source:Snowflake First Quarter of Fiscal 2022 Press Release</span></p>\n<p><b>Balance Sheet</b></p>\n<p>The company’s balance sheet is healthy, with approximately $3.9 billion in cash, cash equivalents and short-term investments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c8679600d7e74072382f3e1712f9ef7\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Total Current Liabilities are $777.00 Million. Quick ratio was 5.27. A&nbsp;good quick ratio&nbsp;is any number greater than 1.0. Snowflake has aDebt To Equity ratioof 0.04.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f43b9ae97e48ef789152979917a02a5c\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p><b>Snowflake Investor Day</b></p>\n<p>Snowflake held an&nbsp;Investor Day on June 10th, in which the company revealed plans to reach $10 billion in product revenue by the end of 2028 (FY29), a big rise from fiscal 2021’s $554 million, with a long-term operating margin target of 10%.</p>\n<p>Investors, however, seem to have wanted even more growth&nbsp;as the stock opened around 4% lower the next day. Some analysts like Patrick Colville of Deutsche Bank think&nbsp;guidance is conservative&nbsp;because it implies that Snowflake would only capture about 12% of the $86B data warehouse market estimated for FY29.</p>\n<p>That all goes to show that there are already enormous growth expectations built into this stock because $10 billion in product revenue by the end of 2028 is a fairly ambitious goal.</p>\n<p>One other interesting part of the presentation was that the CFO raised the total addressable market for Snowflake to $90 billion, up from the $81 billion used for the roadshow for the IPO.</p>\n<p><b>Competitors</b></p>\n<p>In addition to database warehouses Druid and Dremio, Snowflake's strongest competitors appear to be the big data warehouse systems from the major cloud players like Amazon's Redshift, Microsoft Azure's Synapse, and Google's Big Query.</p>\n<p>Amazon, Microsoft and Google are all choosing to compete against Snowflake's new ideas in database warehouses by using the time honored tactic of trying to copy as many of Snowflake's features as possible..</p>\n<p>The advantage that Snowflake has over Amazon, Microsoft and Google in those companies trying to play copycat is that those database warehouses don't scale as well across different data sources (namely competing cloud storage services) and the major cloud players are not fully independent database warehouse providers, meaning that in the end, Amazon, Microsoft and Google are trying to lock customers in to as many of their bundled cloud services as possible. Snowflake doesn't care what cloud service a customer uses for services like storage, as Snowflake is truly neutral in the cloud wars, which is very desirable in a&nbsp;multi-cloud world.</p>\n<p>Of all the competitors, Google Big Query is currently the closest competitor to what Snowflake is doing as it also separates storage and compute. The biggest differences between Snowflake and BigQuery comes down to&nbsp;pricing and performance. Beth Kindig, in her article about Snowflake said this about Snowflake vs Big Query:</p>\n<blockquote>\n When it comes to deciding between BigQuery and Snowflake, it can come down to what you do with the database due to pricing structure differences. For instance, Snowflake is a better choice for concurrent users and business intelligence. It’s also a great choice for data-as-a-service, where you might give client access to your data in the form of analytics. BigQuery is perhaps a better choice for ad hoc reporting, where you have occasional complex reports on a quarterly basis or recommendation models and machine learning that require high idle time. Again, these examples are mainly due to pricing structure.\n</blockquote>\n<blockquote>\n Source: Beth Kindig -Forbes article\n</blockquote>\n<p><b>Risks</b></p>\n<p>Snowflake has significant valuation risk, even with the pullback in the stock price from its highs in December. For Snowflake to expand its valuation any further, it is going to require the company to continue posting outstanding growth numbers.</p>\n<p>Secondarily, Snowflake currently only offers their platform on the public clouds provided by AWS, Azure, and GCP, which are also some of the company's primary competitors. Currently, a substantial majority of Snowflake's business is run on the AWS public cloud.</p>\n<p>So, while Snowflake has some competitive advantages over a cloud giant like AWS, there is a risk that AWS or one of the other cloud giants could use the control of their public cloud to embed innovations for competing offerings to Snowflake or bundle competing products together with other cloud services or leverage their public cloud customer relationships to exclude Snowflake from opportunities. The reason why this risk might not play out in the cloud giants favor is that it appears companies are&nbsp;favoring multi-cloud approaches&nbsp;and have little desire in being locked into only one cloud by a bundled product. That is where Snowflake's Switzerland neutral status in the cloud wars provides some protection but not total protection from this risk.</p>\n<p>On another note, though, because the three major cloud players also provides much of the infrastructure for Snowflake's business model, in the future it is completely possible that Snowflake could face the risk of unfavorable pricing for the use of the underlying cloud infrastructure, which could hurt Snowflake's margins.</p>\n<p>Snowflake could also undergo pricing pressure on the services offered to customers, as a company like Amazon could do something like offer discount pricing for competing services to customers and that scenario could also threaten Snowflake's margins over the longer term. Amazon has been known to use that strategy in other areas of their business in the past.</p>\n<p>Another risk is regulatory. Snowflake must comply with evolving privacy and other data related laws. The requirements for following those laws could be expensive and force the company to make adverse changes to the business, with failure to comply with such laws not being much of an option. Examples of these types of laws are General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA).</p>\n<p><b>Valuation</b></p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Mkt Cap</td>\n   <td><p>Price/Sales</p></td>\n   <td>Free Cash Flow Margin %</td>\n   <td>EV/Revenues (FWD)</td>\n   <td>Revenue Growth (Y/Y) %</td>\n   <td>Gross Margins %</td>\n   <td>Revenues</td>\n  </tr>\n  <tr>\n   <td><p>Salesforce</p><p>(CRM)</p></td>\n   <td>$222.53B</td>\n   <td>10.30</td>\n   <td>51.27%</td>\n   <td>8.1</td>\n   <td>22.57%</td>\n   <td>73.92%</td>\n   <td>5.96B</td>\n  </tr>\n  <tr>\n   <td>Snowflake (SNOW)</td>\n   <td>$71.25B</td>\n   <td>87.93</td>\n   <td>1.09%</td>\n   <td>60.4</td>\n   <td>110.4%</td>\n   <td>57.47%</td>\n   <td>228.9M</td>\n  </tr>\n  <tr>\n   <td>Okta (OKTA)</td>\n   <td>$34.63B</td>\n   <td>32.59</td>\n   <td>20.99%</td>\n   <td>27.6</td>\n   <td>37.27%</td>\n   <td>73.66%</td>\n   <td>$251M</td>\n  </tr>\n  <tr>\n   <td>MongoDB (MDB)</td>\n   <td>$20.76B</td>\n   <td>32.36</td>\n   <td>5.28%</td>\n   <td>26.8</td>\n   <td>39.38%</td>\n   <td>69.98%</td>\n   <td>$181.7M</td>\n  </tr>\n  <tr>\n   <td>Teradata (TDC)</td>\n   <td>$5.23B</td>\n   <td>2.76</td>\n   <td>21.38%</td>\n   <td>2.7</td>\n   <td>13.13%</td>\n   <td>62.53%</td>\n   <td>491M</td>\n  </tr>\n </tbody>\n</table>\n<p>Two things are very obvious about the above company comparisons. One is that Snowflake, even with substantial pullback from its all time highs in December is very highly valued on a Price to Sales basis. Second, is that Snowflake was still growing triple digits in the latest quarter, which is pretty amazing.</p>\n<p>On the other hand, investors were not impressed by the guidance given during earnings, nor were they impressed by Snowflake's long term projections given during their recent Investor Day. One thing is for sure, for investors to bid Snowflake's stock up further, the company will have to keep producingmind boggling growth numbers.</p>\n<p>The following is based on 26 Wall Street analysts offering 12-month price targets for Snowflake in the last 3 months. The average price target is $292.12 with a high forecast of $515.00 and a low forecast of $240.60. The average price target represents a 21.41% from the last price of $240.60.</p>\n<p><img src=\"https://static.tigerbbs.com/007fe75a78c7835e52d8edf8bc7f6bed\" tg-width=\"499\" tg-height=\"405\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Conclusion</b></p>\n<p>Snowflake is a stock that has very high expectations built into the stock price. The latest earnings and guidance, plus the latest investor day were not enough to get investors excited about pushing the value of the stock much further than it is now.</p>\n<p>However, I think that with a company like Snowflake, one has to take a much longer view than simply looking at one quarter's metrics. I believe it is appropriate to take at least a five year view with this company to see that the future is likely very bright. I believe Snowflake is being very conservative with their long term projections given during Investor Day and if that should prove to be the case, we all might look back several years from now and see with the benefit of hindsight that the stock was actually undervalued.</p>\n<p>I believe that the idea of a Data Cloud and a Data Marketplace are very, very early in the product life cycle and that Snowflake is at the beginning of a strong run of customer and revenue growth over the next several years. Snowflake is a buy but only for&nbsp;<b>veryaggressive investors</b>&nbsp;because there is already a lot of growth embedded in Snowflake's valuation and if the company fails to produce that expected growth, then the stock could drop rapidly.</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>Snowflake: A Very Aggressive Bet On The Future Of The Data Cloud</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSnowflake: A Very Aggressive Bet On The Future Of The Data Cloud\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 11:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435130-snowflake-stock-snow-very-aggressive-bet-on-future-of-data-cloud><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSnowflake has only recently started to recover after the long decline from an all time high of $429 that occurred within the December 8 market session.\nSnowflake created the concept of the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435130-snowflake-stock-snow-very-aggressive-bet-on-future-of-data-cloud\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://seekingalpha.com/article/4435130-snowflake-stock-snow-very-aggressive-bet-on-future-of-data-cloud","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151875977","content_text":"Summary\n\nSnowflake has only recently started to recover after the long decline from an all time high of $429 that occurred within the December 8 market session.\nSnowflake created the concept of the Data Cloud which allows organizations to unify and connect to a single copy of all of their data with ease.\nEvery Snowflake account is capable of sharing data in the Snowflake Data Marketplace, which is a concept that is very early on in its lifecycle.\nDuring Investor Day on June 10, Snowflake revealed plans to reach $10 billion in product revenue by the end of 2028 (FY29) with a long-term operating margin target of 10%.\nSnowflake is a buy but only for very aggressive investors as the valuation assumes a lot of growth.\n\nmetamorworks/iStock via Getty Images\nLast September, Snowflake (NASDAQ:SNOW) began life as a public company after the largest software IPO in history. Snowflake was at the time of its IPO, a unprofitable software company, which is why it was interesting that Warren Buffett's Berkshire Hathaway (NYSE:BRK.A) , which normally eschews investing in software or cloud companies actually wound up investing $735 million or 6.1 million Snowflake shares at the $120 IPO price.\nOn September 18, 2020, CEO Frank Slootman,in an interview, disclosed that Berkshire's insurance unit has been using Snowflake's services for quite awhile and that might be part of the reason that Berkshire was comfortable enough to invest in Snowflake's stock. The Slootman interview also disclosed that Snowflake's interactions with Berkshire have been through Todd Combs, the CEO of Berkshire holding GEICO. Since Todd Combs also serves as a Berkshire investment manager, he is probably the one directly responsible for the Snowflake investment and not Buffett.\nSalesforce Ventures (NYSE:CRM) also decided to make an investment of more than $500 million in the company at the IPO, as a play on digital transformation and long term cloud adoption. Snowflake's stock soared in the months following its IPO, partially due to investors being interested in the fastest growing of all the fast growing digital transformation plays and partially due to Snowflake receiving the seal of approval from both Berkshire and Salesforce.\nSnowflake finally ended up reached an all time high of $429.00 within the December 8th market session, at which point Snowflake was selling for 245x Sales and was already being called \"The Most Highly Valued Large Cap Company in History\".\nEventually, due to fears of rising interest rates and inflation, investors began losing enthusiasm for stocks selling at high valuations and nervous investors have since sold Snowflake's stock down to the point where it had reached all time lows of $184.71 per share on May 13. Since, then the stock has risen slightly over 30% and the question now becomes for investors, \"Is Snowflake a buy at current prices, even though, the company still sells for around 85X sales?\"\nData by YCharts\nThis article will go through some of the reasons why many investors are still very infatuated with Snowflake and also go through recent earnings, as well as explain why I consider Snowflake a buy for very aggressive investors.\nSnowflake CEO Frank Slootman\nSnowflake was founded in July 2012 by two former Oracle (NYSE:ORCL) engineers Benoit Dageville and Thierry Cruanes, along with Marcin Żukowski, co-founder of the Dutch start-up Vectorwise. The first CEO of Snowflake was Mike Speiser, a venture capitalist at Sutter Hill Ventures. In June 2014, Snowflake appointed former Microsoft (NASDAQ:MSFT) executive Bob Muglia as CEO, as the company emerged from stealth mode.\nIn May 2019, the company decided to change the leadership team again to Frank Slootman, the retired former CEO of ServiceNow (NASDAQ:NOW), who joined Snowflake as its CEO and Michael Scarpelli, the former CFO of ServiceNow who joined Snowflake as CFO.\nIn an article Beth Kindig wrote for Forbes near the date of the IPO, she indicated that the change of CEOs from Bob Muglia to Frank Slootman likely occurred because of pressure from private investors that wanted leadership from someone that had a proven track record of showing that they could grow an enterprise tech company very quickly and who also could make a successful profitable exit for investors in an IPO. Investors got that type of CEO in Frank Slootman, who has a type of \"Rockstar\" status among CEOs.\n\n “He’s one of the most impressive, most accomplished, most respected CEOs in enterprise tech,” said Asheem Chandna, a software investor at Greylock Partners, which invested in the first two companies Slootman took public, Data Domain (later acquired by EMC and now part ofDell) and ServiceNow. “He’s a take-no-prisoners leader. He can point at a hill and inspire the entire team to follow him to take the hill.”\n\n\n Source:CNBC\n\nFrank Slootman already had a rich history that involved turning around a company called Data Domain, which was detailed in his book “TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story”. When Slootman first took over Data Domain in 2003, the company had no customers, no revenues, and was a few months away from bankruptcy. In six years, Slootman grew Data Domain to the point where it was selling more than all of its competitors combined. Slootman then successfully sold the company to EMC (NYSE:DELL) in 2009 for $2.1 billion and the Data Domain product line has been Dell EMC's flagship platform for backup, archive and disaster recovery ever since.\nTwo years later, Slootman took over the CEO role of ServiceNow between 2011 to 2017. Part of Slootman's accomplishments at ServiceNow was guiding the company to a 2012 IPO.\nFor individuals that think that the role of the CEO is essential for a company's success, Snowflake has perhaps one of the best CEOs in the tech sector and the presence of CEO Frank Slootman alone, should be reason enough to consider Snowflake as an investment.\nThe Data Cloud\nSnowflake is a cloud native company that offers unlimited storage and compute in the cloud in a manner designed to be flexible and convenient for companies. Snowflake was built with the purpose of replacing legacy data warehouses. The Snowflake platform is essentially a complete redesign and reimagining of data warehouse architecture and technology\nSource:Snowflake Presentation titled \"A Detailed View Inside Snowflake\"\n\nThe problem with how many companies handle data today, is that they have what is known as a siloed data problem. Siloed data simply means that the same information is often stored in different databases, leading to inconsistencies between data located in different parts of the company. Siloed data also often makes it difficult to join data to gain new insights or have the ability to act quickly on any new data.\nSnowflake gives company's the ability to join all of their data together and eliminate discrepancies between data from different sources, and reduce data latency. With joined data and reduced data latency, comes the ability for companies to use new incoming data quickly and this is a huge driver for Snowflake's business. When companies become Snowflake customers, they often find that what used to take hours or days to go through data now only takes minutes.\nWith Snowflake's innovations, data is now moving from an era of simply informing people to driving operations right as the information signals come in with very little latency. No more will important business decisions be done with only anecdotal observation. Business decisions will increasingly be data driven. That is what digital transformation actually means for a business.\nEvery business, in order to survive will eventually have to digitally transform and Snowflake is becoming an essential building block for digital transformation. The Data Cloudis the building block of digital transformation and Snowflake is evolving to become the largest independent Data Cloud.\nData Sharing\nAnyone that has a Snowflake account is capable of sharing data. Data sharing is about to become an additional important business for Snowflake. Snowflake has already built a Data Marketplace and is on the verge of starting to really monetize it. Just recently,Snowflake announced that it was accelerating data collaboration with more than 500 Listings in the Snowflake Data Marketplace.\nBusiness will be able to search for what data is being offered on the Data Marketplace with some of the data offers being for free and some data offers for pay. The Snowflake management team expects that in the future, data networking will become frictionless and that today, we are on the beginning edges of a true data exchange network application.\nSnowflake expects data sharing to become a big part of their business moving forward and eventually a big part of any future moat because data sharing can translate into powerful network effects, in that the more businesses use the data sharing through Snowflake's market, the more valuable the Snowflake Data Market will become.\nSnowflake Architecture\nSource:Snowflake Presentationtitled \"A Detailed View Inside Snowflake\"\nSource:Snowflake User Guide\nSnowflake’s novel design consists of three components:\n\nStorage: the persistent storage layer for data stored on Snowflake\nCompute: a collection of independent compute resources that execute data processing tasks required for queries. Snowflake also describes this compute as virtual warehouses.\nServices: a collection of system services that handle infrastructure, security, metadata, and optimization across the entire Snowflake system\n\nSnowflake has a decoupled architecture that allows for compute and storage to scale separately. The database storage can be provided from any cloud provider that the customer chooses.\nQuery processing or compute takes place in what Snowflake calls virtual warehouses. To simplify things for people that are not data experts, a query is a request for data or information from a database table or combination of tables. Query processing is simply using the compute resources to perform a search for data.\nSnowflake uses massively parallel processing or MPP, in the compute/virtual warehouse setup to process queries.Massively parallel processing is a form of collaborative processing of the same program by two or more processors or in this case virtual warehouses. The advantage of using MPP in the virtual warehouse setup is that the virtual warehouses can access the storage layer independently so as not to compete for compute power.\nSnowflake's virtual warehouses have the ability to access any of the databases in the database storage layer to which they have been granted access, and these virtual warehouses can be created, resized and deleted dynamically as resource needs change. When virtual warehouses execute queries, they transparently and automatically cache data from the database storage layer. Snowflake has the advantage of being able to dynamically bring together the storage, compute and services layers, delivering exactly the resources needed exactly when they are needed, meaning that under a multitude of different usage scenarios, Snowflake is able to dynamically create the right balance of IO, memory, CPU, etc.\nTraditional data warehouse, on the other hand, will often tightly couple the storage, compute, and database services. The disadvantage of doing this is there are performance limitations as the number of workloads and users increase, meaning such a configuration is not very scalable.\nSnowflake's competitors, such as Amazon's (NASDAQ:AMZN) Redshift, for instance, can be disadvantaged when having the compute and storage so tightly coupled, because more often than not more time must be spent manually reconfiguring things, which is a disadvantage.\nOne of Snowflake’s unique value propositions is the company’s relatively flexible business model compared to its peers. Snowflake touts this ability on its website:\n\n “Whether you’re a business or technology professional, get the performance, flexibility, and near-infinite scalability to easily load, integrate, analyze and securely share your data.”\n\n\n Source:Snowflake\n\nSnowflake's virtual data warehouse setup where workloads share the same data but can run independently, makes it easier for customers to run smaller workloads. Snowflake management calls this the ability to scale down. When a company joins Snowflake, it does not require a big upfront commitment like it might with other companies. Snowflake allows customers to fully customize their services with an ability to scale down to whatever level is needed. Companies only have to pay for the services they need, instead of having to pay for big bulked up packages containing unnecessary services.\nSnowflake’s competitors, on the other hand, often combine compute, storage and services, then require customers to size and pay based on the largest workload, which can make some data warehouses completely unaffordable or inefficient for some companies.\nSnowflake's documentation claims that the Snowflake data platform is not built on any existing database technology or “big data” software platforms such as Hadoop. Instead, Snowflake combines a completely new SQL query engine with an innovative database architecture natively designed for the cloud. This database and query engine helps Snowflake perform faster queries with fewer errors and costs over competitors.\nI don't want this explanation to get too technical for those not familiar with databases, storage or how the cloud works, so for those that want a more technical explanation of Snowflake's architecture, they can read Snowflake's documentation. or read a Snowflake Presentation titled \"A Detailed View Inside Snowflake\".\nC3 AI and Snowflake Partner\nBefore going through earnings, I wanted to highlight some very recent news of a new collaboration between C3.ai (NYSE:AI) and Snowflake. C3 AI is an enterprise AI software provider that provides a suite that provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches.\nThis partnership will give companies that currently use Snowflake access to the C3 AI® Suite and pre-built C3 AI applications that include a range of industries and enterprise AI use cases, including AI-based CRM, predictive maintenance, supply network optimization, and fraud detection.\n\n C3.ai's chief product officer, Houman Behzadi, said the partnership \"will create significant time and operational efficiencies for Snowflake's customers and solidify Snowflake as the operational data platform of choice for enterprise AI applications.\"\n\n\n Source: C3.ai's chief product officer, Houman Behzadi -ZDNet\n\nSnowflake Q1 FY 2022 Earnings\nSnowflake's Q1 FY 2022 remaining performance obligations or RPO was $1.4 billion, representing 206% year-over-year growth. The RPO results reflected more multimillion-dollar relationships with particular strength in the telecom and technology sectors. Of the $1.4 billion in RPO, Snowflake expects approximately 54% to be recognized as revenue in the next 12 months.\nSnowflake defines RPO in its earnings press release as the amount of contracted future revenue that has not yet been recognized, including both deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods.\nRPO excludes performance obligations from on-demand arrangements and certain time and materials contracts that are billed in arrears.RPO is not necessarily indicative of future product revenue growth because it does not account for the timing of customers’ consumption or their consumption of more than their contracted capacity.\nAt the end of Q1, Snowflake had 4,532 total customers. The total number reflects the addition of 393 net new customers in Q1, including three seven-figure new customers. Several of these customer wins might be recognizable names to investors that include Datadog (NASDAQ:DDOG) and Walgreens Boots Alliance (NASDAQ:WBA) and Equifax (NYSE:EFX).\nSnowflake management has stated that they have a strong interest in penetrating more of the largest enterprises globally because they provide the largest opportunity for account expansion. On that note, Snowflake now has 104 customers with trailing 12-month product revenue greater than $1 million, up from 77 last quarter. CFO Michael Scarpelli had some interesting things to say about Snowflake expanding with large customers that shows why the company's products are gaining fans among large enterprises\n\n When we expand within our largest customers, we typically replace more than one solution. In many cases, we replace on-premise and first-generation cloud solutions, and we address new workloads.\n Snowflake creates use cases that were previously impossible. This is what fuels our 168% net revenue retention rate, and we remain confident that our net revenue retention will stay above 160% for the fiscal year.\n\n\n Source: CFO Michael Scarpelli -Snowflake Q1 FY2022 Earnings Call\n\nSnowflake's net revenue retention rate of 168% is probably the best number in the SaaS world. Snowflake calculates their net retention number by first specifying a measurement period consisting of the trailing two years from the current period end. Next, Snowflake defines the measurement cohort as the population of customers under capacity contracts that used the platform at any point in the first month of the first year of the measurement period. The net revenue retention is then defined as the quotient obtained by dividing the product revenue from the cohort in the second year of the measurement period by the product revenue from this cohort in the first year of the measurement period.\nSo a net retention rate of 168% means that the customer cohort that spent $100 on average in the first year of the measurement period on the Snowflake platform is spending on average $168 in the second year of the measurement period.. Any customer in the cohort that did not use the platform in the second year remains in the calculation and simply contributes zero product revenue in the second year.\nSnowflake grew product and total revenues grew 110% year over year to $229 million. Product revenue grew to $214 million, reflecting strength in Snowflake consumption. Product revenue is a key metric for Snowflake because revenue is recognized based on platform consumption, which is inherently variable at the customers discretion, and not based on the amount and duration of contract terms. Professional services and other revenue was 15 million.\nData by YCharts\nAs explained in Snowflake's Q1 FY2022 earnings release, product revenue primarily includes compute, storage, and data transfer resources, which are consumed by customers on Snowflake's platform as a single, integrated offering. Snowflake customers have the ability to consume more than their contracted capacity during the contract term and may have the ability to roll over unused capacity to future periods, generally on the purchase of additional capacity at renewal.\nSnowflake's consumption-based business model distinguishes the company from subscription-based SaaS companies that generally recognize revenue ratably over the contract term and may not permit rollover of services. Because customers have flexibility in the timing of their consumption, which can exceed their contracted capacity or extend beyond the original contract term in many cases, Snowflake believes that the amount of product revenue recognized in a given period is an important indicator of customer satisfaction and the value derived from the platform.\nData by YCharts\nSnowflake's Cost of Sales was $97.35 million. Snowflake's overall Gross Profit rose 98.6% to $131.57 million. Overall Gross Margins were 57.47% and on a non-GAAP basis, Snowflake'sproductgross margin was 72%, up from 66% in the comparable quarter last year.\nFavorable cloud service agreements, growing scale across different regions and Snowflake's enterprise customer's success all contributed to steady product gross margin improvements. Management also indicated during the earnings call that in the long term, the product gross margin number could trend upward into the mid 70’s with the help of improved data storage economics. The recent changes to Snowflake’s storage representation of data have resulted in better data compression and reduced storage costs, which help the gross margin.\n\n And the way it [Data Compression] improves margin is because storage becomes more efficient. Storage is a smaller component of the overall mix of the revenue, and compute is the real value of our software that drives more margin. And I will say we did roll this out in April, and you do see some of that coming into an impact on last quarter. But we did say at our IPO, if you remember, we thought we could get to the mid-70s [in product gross margins]. That might feel very good that we'll get to the mid-70s. It's going to take some time.\n\n\n Source: CFO Michael Scarpelli -Snowflake Q1 FY2022 Earnings Call\n\nData by YCharts\nTotal Operating Expenditures were $337.16 Million. Snowflake recorded an Operating Loss of $205.60 Million. Product Operating margin was negative 16%, benefiting from revenue outperformance.\nData by YCharts\nSnowflake recorded a net loss of $203.22 Million in Q1. Net loss per share attributable to common stockholders, basic and diluted was -$0.70.\nData by YCharts\nAdjusted free cash flow margin was 10% and was positively impacted by strong collections from Q4 bookings and operating margin outperformance. Adjusted free cash flow excludes the $10 million impact of net cash paid or received on both employee and employer payroll tax-related items on employee stock option transactions. Adjusted free cash flow is defined as free cash flow plus (minus) net cash paid (received) on payroll tax-related items on employee stock transactions.\nFree cash flow is defined as net cash provided by (used in) operating activities reduced by purchases of property and equipment and capitalized internal-use software development costs. Free cash flow was $2.48 million during Q1.\nData by YCharts\nIt is important to remember that Snowflake does experience free cash flow seasonality. In fiscal '21, Q1 and Q4 were the strongest free cash flow quarters, while Q2 was the weakest and this pattern is expected to continue in future periods.\nGuidance\nSnowflake Q2 FY2022 Guidance\nFY 2022 Full Year Guidance\nSource:Snowflake First Quarter of Fiscal 2022 Press Release\nBalance Sheet\nThe company’s balance sheet is healthy, with approximately $3.9 billion in cash, cash equivalents and short-term investments.\nData by YCharts\nTotal Current Liabilities are $777.00 Million. Quick ratio was 5.27. A good quick ratio is any number greater than 1.0. Snowflake has aDebt To Equity ratioof 0.04.\nData by YCharts\nSnowflake Investor Day\nSnowflake held an Investor Day on June 10th, in which the company revealed plans to reach $10 billion in product revenue by the end of 2028 (FY29), a big rise from fiscal 2021’s $554 million, with a long-term operating margin target of 10%.\nInvestors, however, seem to have wanted even more growth as the stock opened around 4% lower the next day. Some analysts like Patrick Colville of Deutsche Bank think guidance is conservative because it implies that Snowflake would only capture about 12% of the $86B data warehouse market estimated for FY29.\nThat all goes to show that there are already enormous growth expectations built into this stock because $10 billion in product revenue by the end of 2028 is a fairly ambitious goal.\nOne other interesting part of the presentation was that the CFO raised the total addressable market for Snowflake to $90 billion, up from the $81 billion used for the roadshow for the IPO.\nCompetitors\nIn addition to database warehouses Druid and Dremio, Snowflake's strongest competitors appear to be the big data warehouse systems from the major cloud players like Amazon's Redshift, Microsoft Azure's Synapse, and Google's Big Query.\nAmazon, Microsoft and Google are all choosing to compete against Snowflake's new ideas in database warehouses by using the time honored tactic of trying to copy as many of Snowflake's features as possible..\nThe advantage that Snowflake has over Amazon, Microsoft and Google in those companies trying to play copycat is that those database warehouses don't scale as well across different data sources (namely competing cloud storage services) and the major cloud players are not fully independent database warehouse providers, meaning that in the end, Amazon, Microsoft and Google are trying to lock customers in to as many of their bundled cloud services as possible. Snowflake doesn't care what cloud service a customer uses for services like storage, as Snowflake is truly neutral in the cloud wars, which is very desirable in a multi-cloud world.\nOf all the competitors, Google Big Query is currently the closest competitor to what Snowflake is doing as it also separates storage and compute. The biggest differences between Snowflake and BigQuery comes down to pricing and performance. Beth Kindig, in her article about Snowflake said this about Snowflake vs Big Query:\n\n When it comes to deciding between BigQuery and Snowflake, it can come down to what you do with the database due to pricing structure differences. For instance, Snowflake is a better choice for concurrent users and business intelligence. It’s also a great choice for data-as-a-service, where you might give client access to your data in the form of analytics. BigQuery is perhaps a better choice for ad hoc reporting, where you have occasional complex reports on a quarterly basis or recommendation models and machine learning that require high idle time. Again, these examples are mainly due to pricing structure.\n\n\n Source: Beth Kindig -Forbes article\n\nRisks\nSnowflake has significant valuation risk, even with the pullback in the stock price from its highs in December. For Snowflake to expand its valuation any further, it is going to require the company to continue posting outstanding growth numbers.\nSecondarily, Snowflake currently only offers their platform on the public clouds provided by AWS, Azure, and GCP, which are also some of the company's primary competitors. Currently, a substantial majority of Snowflake's business is run on the AWS public cloud.\nSo, while Snowflake has some competitive advantages over a cloud giant like AWS, there is a risk that AWS or one of the other cloud giants could use the control of their public cloud to embed innovations for competing offerings to Snowflake or bundle competing products together with other cloud services or leverage their public cloud customer relationships to exclude Snowflake from opportunities. The reason why this risk might not play out in the cloud giants favor is that it appears companies are favoring multi-cloud approaches and have little desire in being locked into only one cloud by a bundled product. That is where Snowflake's Switzerland neutral status in the cloud wars provides some protection but not total protection from this risk.\nOn another note, though, because the three major cloud players also provides much of the infrastructure for Snowflake's business model, in the future it is completely possible that Snowflake could face the risk of unfavorable pricing for the use of the underlying cloud infrastructure, which could hurt Snowflake's margins.\nSnowflake could also undergo pricing pressure on the services offered to customers, as a company like Amazon could do something like offer discount pricing for competing services to customers and that scenario could also threaten Snowflake's margins over the longer term. Amazon has been known to use that strategy in other areas of their business in the past.\nAnother risk is regulatory. Snowflake must comply with evolving privacy and other data related laws. The requirements for following those laws could be expensive and force the company to make adverse changes to the business, with failure to comply with such laws not being much of an option. Examples of these types of laws are General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA).\nValuation\n\n\n\nCompany\nMkt Cap\nPrice/Sales\nFree Cash Flow Margin %\nEV/Revenues (FWD)\nRevenue Growth (Y/Y) %\nGross Margins %\nRevenues\n\n\nSalesforce(CRM)\n$222.53B\n10.30\n51.27%\n8.1\n22.57%\n73.92%\n5.96B\n\n\nSnowflake (SNOW)\n$71.25B\n87.93\n1.09%\n60.4\n110.4%\n57.47%\n228.9M\n\n\nOkta (OKTA)\n$34.63B\n32.59\n20.99%\n27.6\n37.27%\n73.66%\n$251M\n\n\nMongoDB (MDB)\n$20.76B\n32.36\n5.28%\n26.8\n39.38%\n69.98%\n$181.7M\n\n\nTeradata (TDC)\n$5.23B\n2.76\n21.38%\n2.7\n13.13%\n62.53%\n491M\n\n\n\nTwo things are very obvious about the above company comparisons. One is that Snowflake, even with substantial pullback from its all time highs in December is very highly valued on a Price to Sales basis. Second, is that Snowflake was still growing triple digits in the latest quarter, which is pretty amazing.\nOn the other hand, investors were not impressed by the guidance given during earnings, nor were they impressed by Snowflake's long term projections given during their recent Investor Day. One thing is for sure, for investors to bid Snowflake's stock up further, the company will have to keep producingmind boggling growth numbers.\nThe following is based on 26 Wall Street analysts offering 12-month price targets for Snowflake in the last 3 months. The average price target is $292.12 with a high forecast of $515.00 and a low forecast of $240.60. The average price target represents a 21.41% from the last price of $240.60.\n\nConclusion\nSnowflake is a stock that has very high expectations built into the stock price. The latest earnings and guidance, plus the latest investor day were not enough to get investors excited about pushing the value of the stock much further than it is now.\nHowever, I think that with a company like Snowflake, one has to take a much longer view than simply looking at one quarter's metrics. I believe it is appropriate to take at least a five year view with this company to see that the future is likely very bright. I believe Snowflake is being very conservative with their long term projections given during Investor Day and if that should prove to be the case, we all might look back several years from now and see with the benefit of hindsight that the stock was actually undervalued.\nI believe that the idea of a Data Cloud and a Data Marketplace are very, very early in the product life cycle and that Snowflake is at the beginning of a strong run of customer and revenue growth over the next several years. Snowflake is a buy but only for veryaggressive investors because there is already a lot of growth embedded in Snowflake's valuation and if the company fails to produce that expected growth, then the stock could drop rapidly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124713677,"gmtCreate":1624791193199,"gmtModify":1703845199213,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>whr did i go wrong i lost a fren","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>whr did i go wrong i lost a fren","text":"$NIO Inc.(NIO)$whr did i go wrong i lost a fren","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/124713677","isVote":1,"tweetType":1,"viewCount":693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127936598,"gmtCreate":1624811812414,"gmtModify":1703845466312,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F9D.SI\">$BOUSTEAD SINGAPORE LIMITED(F9D.SI)$</a>aww aww aww","listText":"<a href=\"https://laohu8.com/S/F9D.SI\">$BOUSTEAD SINGAPORE LIMITED(F9D.SI)$</a>aww aww aww","text":"$BOUSTEAD SINGAPORE LIMITED(F9D.SI)$aww aww aww","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127936598","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122295970,"gmtCreate":1624621537290,"gmtModify":1703841914453,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"oh no","listText":"oh no","text":"oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122295970","repostId":"2146023165","repostType":4,"repost":{"id":"2146023165","pubTimestamp":1624614720,"share":"https://ttm.financial/m/news/2146023165?lang=&edition=fundamental","pubTime":"2021-06-25 17:52","market":"us","language":"en","title":"Microsoft sent a strong signal to developers that could hurt Apple and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023165","media":"Yahoo Finance","summary":"Microsoft  launched a broadside against rivals Apple  and Google  on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer","content":"<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.</p>\n<p>That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.</p>\n<p>“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Apple’s policies</b></h3>\n<p>This isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.</p>\n<p>Epic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft sent a strong signal to developers that could hurt Apple and Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","09086":"华夏纳指-U","GOOGL":"谷歌A","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","AAPL":"苹果","MSFT":"微软"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThat’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\n“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Apple’s policies\nThis isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.\nEpic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124719865,"gmtCreate":1624791085257,"gmtModify":1703845197397,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124719865","repostId":"1172737444","repostType":4,"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159743548,"gmtCreate":1624982025684,"gmtModify":1703849524931,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GRMN\">$Garmin(GRMN)$</a>zoomzoomzoom","listText":"<a href=\"https://laohu8.com/S/GRMN\">$Garmin(GRMN)$</a>zoomzoomzoom","text":"$Garmin(GRMN)$zoomzoomzoom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159743548","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124729252,"gmtCreate":1624795065176,"gmtModify":1703845239586,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CJLU.SI\">$NETLINK NBN TRUST(CJLU.SI)$</a>yaho sensei","listText":"<a href=\"https://laohu8.com/S/CJLU.SI\">$NETLINK NBN TRUST(CJLU.SI)$</a>yaho sensei","text":"$NETLINK NBN TRUST(CJLU.SI)$yaho sensei","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124729252","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124735369,"gmtCreate":1624790574051,"gmtModify":1703845191247,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$</a>wwheee doodoodoodoodoodoo","listText":"<a href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$</a>wwheee doodoodoodoodoodoo","text":"$Snowflake(SNOW)$wwheee doodoodoodoodoodoo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124735369","isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122232537,"gmtCreate":1624622085129,"gmtModify":1703841927596,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>leggo","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>leggo","text":"$Bionano Genomics(BNGO)$leggo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122232537","isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122299765,"gmtCreate":1624621269057,"gmtModify":1703841907348,"author":{"id":"3562274010627887","authorId":"3562274010627887","name":"bobbobby","avatar":"https://static.tigerbbs.com/83be380ba55b7bc5658f5f9b34bbb66c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562274010627887","authorIdStr":"3562274010627887"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122299765","repostId":"1122573318","repostType":2,"repost":{"id":"1122573318","pubTimestamp":1624620327,"share":"https://ttm.financial/m/news/1122573318?lang=&edition=fundamental","pubTime":"2021-06-25 19:25","market":"us","language":"en","title":"Buy Tesla Stock Now, But Be Ready to Sell","url":"https://stock-news.laohu8.com/highlight/detail?id=1122573318","media":"InvestorPlace","summary":"Tesla will soar in the short-term, but its competition will catch up eventually.Tesla is ready for its final push. TSLA stock is a double-edged sword. On one hand, you have the best EV maker in the world with promising upside in solar and energy storage. But you also have a ton of new competition entering the electric vehicle space in 2022. And the solar energy and energy storage businesses aren’t exactly booming.The near-term alpha is predicated on the fact that Tesla is killing it in China cur","content":"<blockquote>\n Tesla will soar in the short-term, but its competition will catch up eventually.\n</blockquote>\n<p><b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) is ready for its final push. TSLA stock is a double-edged sword. On one hand, you have the best EV maker in the world with promising upside in solar and energy storage. But you also have a ton of new competition entering the electric vehicle space in 2022. And the solar energy and energy storage businesses aren’t exactly booming.</p>\n<p>The current situation is a cocktail for near-term alpha and long-term beta in the stock.</p>\n<p>The near-term alpha is predicated on the fact that Tesla is killing it in China currently. Its Model 3 and Model Y are excelling. The latter of which wasthe best selling BEV in China in the second quarteraccording to UBS.</p>\n<p>These strong growth trends will help Tesla report solid second- and third-quarter numbers. As a result, TSLA stock should soar back to all-time highs.</p>\n<p>However, we think that’s Tesla’s last hurrah.</p>\n<p><b>Buy TSLA Stock Today, Sell the Future Rally</b></p>\n<p>New competition is coming. All the legacy auto makers — like<b>Ford</b>(NYSE:<b><u>F</u></b>),<b>General Motors</b>(NYSE:<b><u>GM</u></b>),<b>Volkswagen</b>(OTC:<b><u>VWAPY</u></b>) — are transitioning to electric.</p>\n<p>At the same time, many new entrants are launching EVs in 2022 and 2023 such as<b>Lucid Motors</b>(NYSE:<b><u>CCIV</u></b>),<b>Fisker</b>(NYSE:<b><u>FSR</u></b>) and<b>Canoo</b>(NASDAQ:<b><u>GOEV</u></b>). Some of these companies offerEVs that are superior to Tesla’s.</p>\n<p>China’s big players, like<b>Nio</b>(NYSE:<b><u>NIO</u></b>) and<b>Xpeng</b>(NYSE:<b><u>XPEV</u></b>), are starting with a big push in Europe but will expand and reach a global audience soon enough.</p>\n<p>Competition is going to heat up a lot in the coming years.</p>\n<p>While Tesla may still end up making the best EVs in the world, we think it’s silly to assume it won’t lose some market share to this wave of competition.</p>\n<p><i>It’s going to happen.</i>It’s inevitable.</p>\n<p>And unfortunately, Tesla isn’t priced for market share erosion.</p>\n<p>The one thing that could save TSLA in the event of market share erosion is rapid expansion of their solar and energy storage business.</p>\n<p>But Tesla leaves us feeling unimpressed by their (lack of) progress in that space. For example,<i>Bloomberg</i>just reported thatits solar business is actually underperforminginternal expectations by a wide margin.</p>\n<p>All in all, we think TSLA stock is due for a near-term surge but long-term struggles.</p>\n<p>Which is exactly why I’ve been considering going all-in a new EV stock. One that is primed for early-Tesla-like growth over the months and years to come.</p>\n<p>In fact, I have a number of EV stocks in my&nbsp;<b><i>Innovation Investor</i></b>&nbsp;portfolio, each of which represents the cream-of-the-crop in disruptive technological innovation. These companies all feature second-to-none management teams and massive long-term potential.</p>\n<p>These<i>Next-Gen Mobility</i>stocks include a secret startup that’s spearheading the self-driving revolution, a company I consider my EV “sleeper” stock of the decade, and my No. 1 stock pick to not just rival Tesla, but to completely dominate it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy Tesla Stock Now, But Be Ready to Sell</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy Tesla Stock Now, But Be Ready to Sell\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/06/buy-tsla-stock-now-but-be-ready-to-sell-when-they-lose-their-edge/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla will soar in the short-term, but its competition will catch up eventually.\n\nTesla(NASDAQ:TSLA) is ready for its final push. TSLA stock is a double-edged sword. On one hand, you have the best EV ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/06/buy-tsla-stock-now-but-be-ready-to-sell-when-they-lose-their-edge/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/06/buy-tsla-stock-now-but-be-ready-to-sell-when-they-lose-their-edge/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122573318","content_text":"Tesla will soar in the short-term, but its competition will catch up eventually.\n\nTesla(NASDAQ:TSLA) is ready for its final push. TSLA stock is a double-edged sword. On one hand, you have the best EV maker in the world with promising upside in solar and energy storage. But you also have a ton of new competition entering the electric vehicle space in 2022. And the solar energy and energy storage businesses aren’t exactly booming.\nThe current situation is a cocktail for near-term alpha and long-term beta in the stock.\nThe near-term alpha is predicated on the fact that Tesla is killing it in China currently. Its Model 3 and Model Y are excelling. The latter of which wasthe best selling BEV in China in the second quarteraccording to UBS.\nThese strong growth trends will help Tesla report solid second- and third-quarter numbers. As a result, TSLA stock should soar back to all-time highs.\nHowever, we think that’s Tesla’s last hurrah.\nBuy TSLA Stock Today, Sell the Future Rally\nNew competition is coming. All the legacy auto makers — likeFord(NYSE:F),General Motors(NYSE:GM),Volkswagen(OTC:VWAPY) — are transitioning to electric.\nAt the same time, many new entrants are launching EVs in 2022 and 2023 such asLucid Motors(NYSE:CCIV),Fisker(NYSE:FSR) andCanoo(NASDAQ:GOEV). Some of these companies offerEVs that are superior to Tesla’s.\nChina’s big players, likeNio(NYSE:NIO) andXpeng(NYSE:XPEV), are starting with a big push in Europe but will expand and reach a global audience soon enough.\nCompetition is going to heat up a lot in the coming years.\nWhile Tesla may still end up making the best EVs in the world, we think it’s silly to assume it won’t lose some market share to this wave of competition.\nIt’s going to happen.It’s inevitable.\nAnd unfortunately, Tesla isn’t priced for market share erosion.\nThe one thing that could save TSLA in the event of market share erosion is rapid expansion of their solar and energy storage business.\nBut Tesla leaves us feeling unimpressed by their (lack of) progress in that space. For example,Bloombergjust reported thatits solar business is actually underperforminginternal expectations by a wide margin.\nAll in all, we think TSLA stock is due for a near-term surge but long-term struggles.\nWhich is exactly why I’ve been considering going all-in a new EV stock. One that is primed for early-Tesla-like growth over the months and years to come.\nIn fact, I have a number of EV stocks in my Innovation Investor portfolio, each of which represents the cream-of-the-crop in disruptive technological innovation. 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