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2022-12-01
$Alphabet(GOOGL)$
ArsArt
2022-11-28
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Sea Limited Is Investable Again
ArsArt
2022-10-26
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Tesla Has An Elon Musk Problem
ArsArt
2022-09-15
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Goldman Sachs: 7 Safe Conviction List Dividend Stocks to Buy Now
ArsArt
2022-09-14
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U.S. Hot EV Stocks Rallied in Morning Trading with Nikola Jumping 5%
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2022-09-14
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US STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data
ArsArt
2022-09-13
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Crypto Stocks Slumped in Morning Trading with Marathon and MicroStrategy Falling over 9%
ArsArt
2022-09-12
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Google Completes Acquisition of Mandiant
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2022-09-09
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Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump
ArsArt
2022-09-06
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U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak
ArsArt
2022-08-31
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ArsArt
2022-08-29
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Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip
ArsArt
2022-08-19
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$100M College Whiz Who Scored As BBBY Squeezed Says He "Wasn't That Aware It Was A Meme"
ArsArt
2022-08-18
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After 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money
ArsArt
2022-08-12
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MSCI to Add 13 Securities to Its ACWI Index, and Delete 8 Securities
ArsArt
2022-08-09
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The S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market
ArsArt
2022-08-02
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Alibaba: Be Greedy When Others Are Fearful
ArsArt
2022-08-01
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AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week
ArsArt
2022-07-27
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Opinion: Google and Microsoft Earnings Show the Bar Has Been Lowered for Big Tech
ArsArt
2022-07-13
You sell I buy[Happy]
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href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$ </a><v-v data-views=\"1\"></v-v>","text":"$Alphabet(GOOGL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9965371889","isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966489065,"gmtCreate":1669610498958,"gmtModify":1676538213543,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9966489065","repostId":"2286324851","repostType":4,"repost":{"id":"2286324851","pubTimestamp":1669606493,"share":"https://ttm.financial/m/news/2286324851?lang=&edition=fundamental","pubTime":"2022-11-28 11:34","market":"us","language":"en","title":"Sea Limited Is Investable Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2286324851","media":"seekingalpha","summary":"IntroductionLast Tuesday, Sea Limited (NYSE:SE) reported its Q3 2022 earnings. From the market react","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/dd10451e91a7f82b95ea9e296a739672\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2>Introduction</h2><p>Last Tuesday, Sea Limited (NYSE:SE) reported its Q3 2022 earnings. From the market reaction, I think it's clear how these were perceived. The stock shot up 36% following the announcement.</p><p></p><p><img src=\"https://static.tigerbbs.com/e4380c1ed830910e77c998722a67369d\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>This is of course the result of a raging short squeeze. Many traders were shorting Sea and they had to buy back as soon as possible. But that short squeeze was driven by fundamentals that looked better than before.</p><p>In the meantime, the stock has gone down again by 9%.</p><p></p><p><img src=\"https://static.tigerbbs.com/0ce18087e3667fbb8e2e0354dc4dd4e0\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>Let's dive into the numbers to analyze the situation.</p><h2>The numbers</h2><p>As Sea consists of three businesses under one hood, gaming, e-commerce and digital banking, there are always more numbers to go through. We'll start with the group and then we'll go over the 3 arms.</p><h3>Group</h3><p>The Q3 revenue came in at $3.2 billion, up 17.4% year-over-year, beating the consensus by $190M or 6.3%.</p><p></p><p><img src=\"https://static.tigerbbs.com/f74cfa662e3739f2359559b763a3e502\" tg-width=\"640\" tg-height=\"573\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Sea's Q3 earnings call slides deck</p><p></p><p>Sea reported non-GAAP EPS of -$0.66, beating the consensus by a whopping $0.29 or more than 30%.</p><p>This has become a pattern for Sea. It has almost always been beating on its topline expectations. 14 beats out of 16 quarters.</p><p></p><p><img src=\"https://static.tigerbbs.com/f34e1b960686f6c951a17dc90594fd21\" tg-width=\"1280\" tg-height=\"484\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha Premium</p><p></p><p>For EPS, the picture was completely different. The company almost always missed expectations, at least until recently.</p><p></p><p><img src=\"https://static.tigerbbs.com/904ddc26d31c693eaee03396fc86b13a\" tg-width=\"640\" tg-height=\"234\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha Premium</p><p></p><p>As you can see, this is the fourth consecutive quarter management beats on EPS, for the second time by 30%+. That's the right message to the market, now that it focuses more on the bottom line. Of course, Sea is not profitable yet, but it is showing faster improvements than the market had given it credit for. Net loss came in at -$569.3 million, flat year-over-year, but an improvement of a whopping 38.9% quarter-over-quarter.</p><p>Gross profit landed at $1.2 billion, up 21.7% year-over-year. On $3.2 billion in revenue, that means gross margins of 37.5% vs. 37.9% in Q2 and 37% in Q3 2021. This metric is stable.</p><p>If you exclude SBC, stock-based compensation, severance packs and lease termination fees, net loss even improved by 49.4% quarter-over-quarter. You can argue about excluding these things, of course, but SBC is not a cash expense and the rest is a one-time expense that will save more money in the future. Impressive to see such a turnaround in just a quarter.</p><p>Adjusted EBITDA was -$357.7 million compared to -$165.5 million in Q3 2021, but 29.4% better than in Q2 2022. If you exclude SBC, severance and lease termination costs, EBITDA improved 44.7% quarter-over-quarter.</p><p>Sea is still financially stable, with $7.3B in cash, equivalents and short-term investments. The company has $3.74 billion in convertible notes. The biggest part, $2.5 billion, is issued when Sea's stock price was much higher. They were offered at $318 per share. They have an interest of 0.25%. They have a conversion price of $477. Very well timed, Sea!</p><p></p><p><img src=\"https://static.tigerbbs.com/e30355352d528f79e663ed2fa444556e\" tg-width=\"640\" tg-height=\"383\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>YCharts, adapted by the author</p><p></p><p>I have already said that Sea reminds me in different ways of Amazon (AMZN). You always have to be very careful with such comparisons. I'm not implying that Sea will become the next Amazon; every situation is different. But there are similarities. One of them is that Amazon also issued notes just before the top. $1.25 billion in January 1999 at 4.75% and $655 million in February 2000 at 6.9%, both for 10 years.</p><p></p><p><img src=\"https://static.tigerbbs.com/0acfa78375da5396cb9b0e5e7bdcdab8\" tg-width=\"640\" tg-height=\"376\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>YCharts, adapted by the author</p><p></p><p>This was one of the main reasons Amazon could survive the dotcom crash, while almost all other tech companies went under. Jeff Bezos promised the company would focus on profitability. Does that sound familiar? Bezos indeed turned the company and it became profitable 2.5 years later. The red circle shows when Amazon became profitable on operational cash flow, probably the best metric to track retail. You can also see how fast this goes up after that.</p><p></p><p><img src=\"https://static.tigerbbs.com/fce567cb6f35cd23cef32b241c745ea6\" tg-width=\"640\" tg-height=\"399\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>YCharts, adapted by the author</p><p></p><p>I now hear some people say Sea will have to file for bankruptcy in a few years. That's very unlikely. If the stock price is still a lot under that price, which is likely, some note investors may want to be repaid in cash. But to start with, Sea has the necessary money up to now; secondly, often there are renegotiations, in which the notes are extended and the conversion prices are brought down.</p><p>Forrest Li, Sea's Founder and CEO, sent out a very clear message to the doubters on the conference call about the notes or convertible bonds, the name he uses here:</p><blockquote>We aim to continue to maintain a net cash position, after budgeting for the full retirement in cash of outstanding convertible bonds and assuming no external funding.</blockquote><p>So, Li wants to have a cash position after having paid off all outstanding notes. That means that the company will go fast and that this quarter was just the start of a turnaround. Li added:</p><blockquote>I'm confident in our ability to execute well against our stated goals, as we have demonstrated so many times in the past.</blockquote><p>Let's look at the different groups now.</p><h2>Shopee</h2><p>Shopee's revenue was up 32.4% year-over-year to $1.9 billion, 38.8% in constant currency. Adjusted EBITDA for Shopee was -$495.7 million, improving 27.5% year-over-year and 23.5% quarter-over-quarter.</p><p>The core marketplace revenue was up 54.1% year-over-year to $1 billion, which is very strong and the main driver of the fast improvements in Shopee's losses. This shows what Forrest Li has been preaching for years, that scale will bring cost advantages, which shows up in the numbers. The core marketplace mainly consists of third-party revenue and ads.</p><p>That marketplace revenue is up much more than GMV shows scale advantages kicking in and ads and other services gaining traction. Shopee has also made its take-rate higher to make its transition to profitability faster.</p><p>Shopee's Sales & Marketing expenses of $575.7M were down by 16.4% year-over-year and 14.6% quarter-over-quarter. Raising take rates, cutting on S&M and still being able to grow revenue by 54%, for the core marketplace. That's strong.</p><p>VAS or Value-added services revenue was up 20.3% year-over-year to $600 million. This mainly consists of logistics. It hides the growth of the core marketplace a bit.</p><p>There were 2 billion orders, up 19.2% year-over-year against tough comps. Last year in the same quarter, orders were up a whopping 123%. At the same time, orders were flat compared to the last quarter. Probably, this is because the company slashed the free shipping for most cheap products. This is no problem, I think.</p><p>GMV grew 13.5% to $19.1B. On an FX-neutral basis, GMV was up 21.4%. That's on top of the 80.6% GMV growth in Q3 2021. Quarter-over-quarter growth, though, was just $100 million or 0.5%. I think this is what Forrest Li hinted at when he said on the conference call:</p><blockquote>We believe our strong focus on cash flow and achieving self sufficiency as much as possible is the right strategy to pursue at this stage, even though we may see no growth or even negative growth in certain operating metrics in the near-term.</blockquote><p>Slashing free shipping, higher take rates for merchants, lower sales and marketing spend, it all adds up to lower growth. Of course, there are two other very important elements here: the macroeconomic environment and the tough comps. In this environment, though, I think Sea is right in focusing on becoming profitable first. Forrest Li explains the strategy:</p><blockquote>To be very clear, we remain highly confident about the compelling long-term growth prospects of our businesses and the market. Once we achieve self-sufficiency, we will be in a position to decide to reaccelerate growth again in a much more efficient and a long-term sustainable manner.</blockquote><p>Something I have been irritated by for a long time is the exclusion of headquarters expenses in Adjusted EBITDA. From now on excluding HQ expenses will be called contribution margin, as it should be. Glad to finally see that corrected.</p><p>Asia markets adjusted EBITDA came in at -$216.8 million, improving by 31.4% quarter-over-quarter. In most Southeast Asian countries, there was already a positive contribution margin for Shopee, including Indonesia, its biggest market. Malaysia and Taiwan recorded positive adjusted EBITDA.</p><p>For the other markets adjusted EBITDA came in at 279 million, improving by 16% quarter-over-quarter. While management had previously shared that they wanted to have profitability for Shopee in its core markets in 2023, it added an extra goal now. Founder and CEO Forrest Li:</p><blockquote>we are currently working towards adjusted EBITDA breakeven for Shopee overall by the end of 2023.</blockquote><p>That includes Brazil. In Brazil, unit costs were $1.03 per order, improving 27.4% quarter-over-quarter. Revenue was up a blistering 225% year-over-year. Management confirmed that Sea would continue to invest in Brazil.</p><p>Despite cost-cutting initiatives, Sea will continue investing in its platform and that leads to success. Forrest Li on the earnings call:</p><blockquote>The number of brands on Shopee Mall also continued to grow strongly by 36% year-on-year to over 42,000, reflecting more brands recognizing the value Shopee brings to them. Importantly, we are always looking to further improve the services we offer our sellers and provide a superior shopping experience for our buyers.</blockquote><h3>Garena</h3><p>Some call it Sea's problem child, but Garena has allowed Sea to grow so fast. DE or digital entertainment, as the company calls it, has been in decline, which is not strange after reopenings. Revenue came in at $892.9 million, down 0.8% quarter-over-quarter and down almost 20% from $1.1 billion last year. But just to show you how difficult last year's comps were, then revenue was up 93.2% for a division that mainly is about a game released 4 years prior. Bookings were down a bit more than revenue, 4% quarter-over-quarter on an FX-neutral basis, from $664.7 million vs. $717.4 million in Q2. Bookings are a window into the future, as they show the money players have already paid but that the company can't recognize yet, as it's not spent yet. The fast decline here seems to have stopped but the trend has not been reversed.</p><p>Adjusted EBITDA was down from $333.6 million in Q2 to $289.9 million, down 13% quarter-over-quarter, but down 59% compared to last year.</p><p></p><p><img src=\"https://static.tigerbbs.com/710199a2e67ca1d3ebc2fd18961150ec\" tg-width=\"640\" tg-height=\"279\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>From the Q3 earnings call slides, adapted by the author</p><p></p><p>That's of course what has worried the market and why it has been so worried about Sea. That Sea can now reduce overall losses by 29% in just a quarter is exactly what Wall Street wanted to see. Management shows results, not just vague promises. The graph also clearly shows that Sea still has more work to do. But the market now knows that management is doing what it should do.</p><p>Garena's quarterly active users came in at 568.2 million, down from 619.3 million in Q2 or 8.3%. There are 51.5 million paying users or 9.1%, unchanged from Q2. Average bookings per user were $1.2, also flat quarter-over-quarter.</p><p>Management further reduced the outlook for Garena by about 10%.</p><blockquote>Given rising macro uncertainties, and with reopening trends having an ongoing effect on the business, we are revising the guidance for digital entertainment. We now expect bookings for the full year of 2022 to be between US$2.6 billion and US$2.8 billion, as compared to the previous guidance of between US$2.9 billion to US$3.1 billion.</blockquote><p>Riot Games recently did not renew its contract with Garena, taking the publishing rights of its games League of Legends and Teamfight Tactics with it. The first analyst immediately asked if this would impact its relationship with Tencent, which bought Riot in 2011, one year after its partnership with Sea had started. This is the answer of Min Ju Song, the Director of The Group's Chief Corporate Officer’s Office, who always answers all questions.</p><blockquote>And the recent termination of the -- as we announced legal merchant partnership with Riot as a result of the<b> expiry of agreement would have no impact on our overall publishing business as the contribution is immaterial from the particular game.</b></blockquote><blockquote>(...)</blockquote><blockquote>Also, this decision is a right decision and <b>has no relationship to anything regarding the right of first refusal agreement what we have Tencent.</b></blockquote><p>We will have to see in 2023 when the agreement with Tencent expires. In the meantime, Garena keeps working on its pipeline but doesn't really want to share anything specifically. Min Ju Song:</p><blockquote>In terms of the game pipeline, we do have games in our pipeline on self-development as well as publishing. And as usual, we don't discuss specific games that we haven't announced for launch yet, but there are always things that we are working to.</blockquote><p>An interesting answer from Min Ju Song shone a light, not just on what management thinks but also how they work. It was about Arena of Valor, a game by TiMi Studios, which is part of Tencent.</p><blockquote>Of course, as we also shared regarding Arena of Valor, as an example that, it's a six-year-old game and we started to see some new growth in the game six years since its launch. So, we believe that after you reach certain core user base and for a very long-term game, with the right type of operations and efforts, there could be potential upside to the game</blockquote><p>This quote shows that management trusts that Free Fire still has a long runway. At the same time, as they are the distributor, they see what works and they can apply that to Free Fire.</p><h3>SeaMoney</h3><p>Revenue came in at $326.9 million, up 147.2% year-over-year and a bit more than 17% quarter-over-quarter. Adjusted EBITDA was -$67.7 million, improving by 57.4% year-over-year and 39.3% quarter-over-quarter. The improvements came from better sales and marketing spending and the "healthy profitable" credit business.</p><p>The total loans outstanding in Q3 added up to $2.2B, allowance for credit losses of $253.4M not included. Non-performing loans of more than 90 days came in at less than 4% of loans receivable and the average tenure of the loans was about 4 months.</p><p>Something I didn't like was that management left out two metrics that they had shared before: active users and total payment volume. Even if these didn't look great, you should either give the numbers or explain why you don't report them anymore. There was no question about this from analysts. They were either briefed beforehand, didn't dare to ask the question, or were asleep at the wheel.</p><p>No matter what, SeaMoney keeps growing explosively and that's great to see. The evolution that we have seen with Mercado Pago at Mercado Libre can be a model for SeaMoney. However, there is more competition in Southeast Asia than in Latin America when Mercado Pago started and even today. On top of that, management will deprioritize off-platform usage growth.</p><blockquote>Finally, at SeaMoney, we have deprioritized off-line adoption of ShopeePay and further diversifying funding for our credit business across multiple sources. Our current initiatives are designed to further quantify our leading positions and enable us to continue to win in our key markets over the long run.</blockquote><p>Management made it clear for all cost cuts that it would turn them back on when it's self-sufficient if they think they are worth it.</p><p>Management keeps a close look at the loans that SeaMoney provides.</p><blockquote>With the growing volatility across our markets, we are closely monitoring the health of our credit business and our loan book.</blockquote><p>Up to now, though, loans are very profitable.</p><p>To summarize this part, let's look at some interesting stats, made by Quartr.</p><p></p><p><img src=\"https://static.tigerbbs.com/7e626096a552186c26cf5b19c78cd672\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Quartr</p><p><img src=\"https://static.tigerbbs.com/a7e323a9db9afb4d00f2b1669be8e190\" tg-width=\"1280\" tg-height=\"806\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Quartr</p><p></p><h2>Notes from the conference call</h2><p>Before we go into the conference call, I want to share my general observation about it. Forrest Li, the founder and CEO of Sea, has always been a part of my investment case for Sea. Of course, there's much more, but to me, he's a great leader. If you read his letters, even his leaked internal mails and if you hear him talk, you always have the feeling: "Yes, this man knows what he is talking about."</p><p>But during the last conference call, for the first time, I heard some doubt in his voice. Of course, this could be totally subjective. During this conference call, though, Li sounded confident and humble as usual.</p><p>On the conference call, he first mentioned that Sea had its IPO 5 years ago and that he has learned a lot by being a public company. Then he went immediately on to <b>the main focus of the quarter.</b> I have added some italic fonts to underline the important passages.</p><blockquote>Given the significant uncertainties in the macro environment, <i>we have entirely shifted our mindset and focus from growth to achieving self-sufficiency and profitability as soon as possible without relying on any external funding.</i></blockquote><blockquote>We are adapting quickly to the changing climate because we believe that companies that fail to do so may not survive. All our efforts are directed to <i>ensure that Sea not only survives the macro storms, but emerge stronger, more efficient, and more resilient and as a long-term winner in our markets. </i></blockquote><p>Right away straight to the core: pointing out the problem and showing what the strategy of the company is. That's a good start. We already had this in the Overview Of The Week, but it can be a reminder here:</p><blockquote>I announced in mid-September that the management team will stop receiving cash compensation until we achieve self-sufficiency.</blockquote><p>Forrest Li also warned, and that was repeated by the other management teams, that the <b>upcoming quarters may be somewhat lumpy</b> but restated that Sea wants Shopee to be breakeven on an adjusted EBITDA basis before the end of the year next year.</p><blockquote>In the coming quarters, we will continue to focus on improving key financial metrics for the long-term health of our business. While our results may fluctuate and affected by the macro environment and many other factors, we are currently working towards adjusted EBITDA breakeven for Shopee, overall by the end of 2023.</blockquote><p>During the Q&A, management answered that the efficiencies will come from both sides, so controlling expenses and revenue growth.</p><p>There was also an interesting question about <b>margin profile for Shopee over the long term.</b> This was the answer:</p><blockquote>In terms of the margins for Shopee, as we shared, there are main two components in our marketplace revenue, once the core marketplace revenue, the other is value-added services.</blockquote><blockquote>Marketplace revenue is mainly transaction-based fees and advertisement. We believe the margin for this portion of the revenue in the long-term steady state could potentially be more in line with what you would normally see for a pure-play marketplace type of business model.</blockquote><p>The typical EBITDA margin for e-commerce is between 5% and 15%. Amazon, for example, is usually around 10% and <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> (MELI) is as well. Net margins are generally between 3% and 5%, although there are exceptions on both sides, of course. If Shopee would already be profitable now, that could mean EBITDA between $200 million and $600 million for this quarter. Min Ju Song continued:</p><blockquote>Now because of this revenue is mostly related to logistics services, these will be more reflected of potentially logistic services type of margin in the long run.</blockquote><p>This is something I didn't know, but I found a McKinsey report that says that EBIT margins are typically 1% to 11% in the sector.</p><h2>My take on this quarter</h2><p>This quarter could mark the turnaround at Sea. That was necessary, as this chart clearly shows.</p><p></p><p><img src=\"https://static.tigerbbs.com/016ac3eb570decf184acff8f223fd964\" tg-width=\"1280\" tg-height=\"772\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Quartr</p><p></p><p>The turnaround is fast and big. While the improvements are impressive, Forrest Li said that most would only be visible in the upcoming quarters.</p><blockquote>As we began more focused efforts on optimizing HQ costs, including R&D costs, from the later part of the third quarter, we expect savings on shared costs to start to show in the following quarters.</blockquote><p>The word 'efficiency' was used 25 times during the conference call. I think that shows enough what management is focused on.</p><p>To me, the biggest takeaway is that management did what it had promised. Again, I should add. This management team delivers on its promises and that is great to see.</p><p>The fact that Forrest Li assured the market that the company wants to pay all of its outstanding notes and still have cash reassured me and probably everyone following Sea.</p><p>If management continues to deliver as it has done again, I see no reason not to buy Sea's stock, even though I would only add very little at a time. After all, as management said, the quarters could be lumpy, so maybe better prices could still be in front of us.</p><p>Sea has shown again that it's worth investors' trust. It has adapted very fast to a totally new situation.</p><h2>Conclusion</h2><p>While this was not a quarter to get really excited about as such, it was the quarter that Sea needed. It has proven that it can turn around the ship fast. The focus on profitability is the right choice. The affirmation that Sea wants to remain cash positive after paying off all of the convertible bonds is very encouraging. This removes quite a bit of the risk that had popped up in the last quarter.</p><p>To me, Sea is much more investable again. The upcoming quarters may be lumpy but the long-term prospects for this company are still good. It's still early in its development and has several tailwinds helping its ship sail safely.</p><p>In the meantime, keep growing!</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited Is Investable Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited Is Investable Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 11:34 GMT+8 <a href=https://seekingalpha.com/article/4560575-sea-limited-is-investable-again><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IntroductionLast Tuesday, Sea Limited (NYSE:SE) reported its Q3 2022 earnings. From the market reaction, I think it's clear how these were perceived. The stock shot up 36% following the announcement....</p>\n\n<a href=\"https://seekingalpha.com/article/4560575-sea-limited-is-investable-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4505":"高瓴资本持仓","SE":"Sea Ltd","BK4526":"热门中概股","BK4139":"生物科技","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","BK4535":"淡马锡持仓"},"source_url":"https://seekingalpha.com/article/4560575-sea-limited-is-investable-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2286324851","content_text":"IntroductionLast Tuesday, Sea Limited (NYSE:SE) reported its Q3 2022 earnings. From the market reaction, I think it's clear how these were perceived. The stock shot up 36% following the announcement.Data by YChartsThis is of course the result of a raging short squeeze. Many traders were shorting Sea and they had to buy back as soon as possible. But that short squeeze was driven by fundamentals that looked better than before.In the meantime, the stock has gone down again by 9%.Data by YChartsLet's dive into the numbers to analyze the situation.The numbersAs Sea consists of three businesses under one hood, gaming, e-commerce and digital banking, there are always more numbers to go through. We'll start with the group and then we'll go over the 3 arms.GroupThe Q3 revenue came in at $3.2 billion, up 17.4% year-over-year, beating the consensus by $190M or 6.3%.Sea's Q3 earnings call slides deckSea reported non-GAAP EPS of -$0.66, beating the consensus by a whopping $0.29 or more than 30%.This has become a pattern for Sea. It has almost always been beating on its topline expectations. 14 beats out of 16 quarters.Seeking Alpha PremiumFor EPS, the picture was completely different. The company almost always missed expectations, at least until recently.Seeking Alpha PremiumAs you can see, this is the fourth consecutive quarter management beats on EPS, for the second time by 30%+. That's the right message to the market, now that it focuses more on the bottom line. Of course, Sea is not profitable yet, but it is showing faster improvements than the market had given it credit for. Net loss came in at -$569.3 million, flat year-over-year, but an improvement of a whopping 38.9% quarter-over-quarter.Gross profit landed at $1.2 billion, up 21.7% year-over-year. On $3.2 billion in revenue, that means gross margins of 37.5% vs. 37.9% in Q2 and 37% in Q3 2021. This metric is stable.If you exclude SBC, stock-based compensation, severance packs and lease termination fees, net loss even improved by 49.4% quarter-over-quarter. You can argue about excluding these things, of course, but SBC is not a cash expense and the rest is a one-time expense that will save more money in the future. Impressive to see such a turnaround in just a quarter.Adjusted EBITDA was -$357.7 million compared to -$165.5 million in Q3 2021, but 29.4% better than in Q2 2022. If you exclude SBC, severance and lease termination costs, EBITDA improved 44.7% quarter-over-quarter.Sea is still financially stable, with $7.3B in cash, equivalents and short-term investments. The company has $3.74 billion in convertible notes. The biggest part, $2.5 billion, is issued when Sea's stock price was much higher. They were offered at $318 per share. They have an interest of 0.25%. They have a conversion price of $477. Very well timed, Sea!YCharts, adapted by the authorI have already said that Sea reminds me in different ways of Amazon (AMZN). You always have to be very careful with such comparisons. I'm not implying that Sea will become the next Amazon; every situation is different. But there are similarities. One of them is that Amazon also issued notes just before the top. $1.25 billion in January 1999 at 4.75% and $655 million in February 2000 at 6.9%, both for 10 years.YCharts, adapted by the authorThis was one of the main reasons Amazon could survive the dotcom crash, while almost all other tech companies went under. Jeff Bezos promised the company would focus on profitability. Does that sound familiar? Bezos indeed turned the company and it became profitable 2.5 years later. The red circle shows when Amazon became profitable on operational cash flow, probably the best metric to track retail. You can also see how fast this goes up after that.YCharts, adapted by the authorI now hear some people say Sea will have to file for bankruptcy in a few years. That's very unlikely. If the stock price is still a lot under that price, which is likely, some note investors may want to be repaid in cash. But to start with, Sea has the necessary money up to now; secondly, often there are renegotiations, in which the notes are extended and the conversion prices are brought down.Forrest Li, Sea's Founder and CEO, sent out a very clear message to the doubters on the conference call about the notes or convertible bonds, the name he uses here:We aim to continue to maintain a net cash position, after budgeting for the full retirement in cash of outstanding convertible bonds and assuming no external funding.So, Li wants to have a cash position after having paid off all outstanding notes. That means that the company will go fast and that this quarter was just the start of a turnaround. Li added:I'm confident in our ability to execute well against our stated goals, as we have demonstrated so many times in the past.Let's look at the different groups now.ShopeeShopee's revenue was up 32.4% year-over-year to $1.9 billion, 38.8% in constant currency. Adjusted EBITDA for Shopee was -$495.7 million, improving 27.5% year-over-year and 23.5% quarter-over-quarter.The core marketplace revenue was up 54.1% year-over-year to $1 billion, which is very strong and the main driver of the fast improvements in Shopee's losses. This shows what Forrest Li has been preaching for years, that scale will bring cost advantages, which shows up in the numbers. The core marketplace mainly consists of third-party revenue and ads.That marketplace revenue is up much more than GMV shows scale advantages kicking in and ads and other services gaining traction. Shopee has also made its take-rate higher to make its transition to profitability faster.Shopee's Sales & Marketing expenses of $575.7M were down by 16.4% year-over-year and 14.6% quarter-over-quarter. Raising take rates, cutting on S&M and still being able to grow revenue by 54%, for the core marketplace. That's strong.VAS or Value-added services revenue was up 20.3% year-over-year to $600 million. This mainly consists of logistics. It hides the growth of the core marketplace a bit.There were 2 billion orders, up 19.2% year-over-year against tough comps. Last year in the same quarter, orders were up a whopping 123%. At the same time, orders were flat compared to the last quarter. Probably, this is because the company slashed the free shipping for most cheap products. This is no problem, I think.GMV grew 13.5% to $19.1B. On an FX-neutral basis, GMV was up 21.4%. That's on top of the 80.6% GMV growth in Q3 2021. Quarter-over-quarter growth, though, was just $100 million or 0.5%. I think this is what Forrest Li hinted at when he said on the conference call:We believe our strong focus on cash flow and achieving self sufficiency as much as possible is the right strategy to pursue at this stage, even though we may see no growth or even negative growth in certain operating metrics in the near-term.Slashing free shipping, higher take rates for merchants, lower sales and marketing spend, it all adds up to lower growth. Of course, there are two other very important elements here: the macroeconomic environment and the tough comps. In this environment, though, I think Sea is right in focusing on becoming profitable first. Forrest Li explains the strategy:To be very clear, we remain highly confident about the compelling long-term growth prospects of our businesses and the market. Once we achieve self-sufficiency, we will be in a position to decide to reaccelerate growth again in a much more efficient and a long-term sustainable manner.Something I have been irritated by for a long time is the exclusion of headquarters expenses in Adjusted EBITDA. From now on excluding HQ expenses will be called contribution margin, as it should be. Glad to finally see that corrected.Asia markets adjusted EBITDA came in at -$216.8 million, improving by 31.4% quarter-over-quarter. In most Southeast Asian countries, there was already a positive contribution margin for Shopee, including Indonesia, its biggest market. Malaysia and Taiwan recorded positive adjusted EBITDA.For the other markets adjusted EBITDA came in at 279 million, improving by 16% quarter-over-quarter. While management had previously shared that they wanted to have profitability for Shopee in its core markets in 2023, it added an extra goal now. Founder and CEO Forrest Li:we are currently working towards adjusted EBITDA breakeven for Shopee overall by the end of 2023.That includes Brazil. In Brazil, unit costs were $1.03 per order, improving 27.4% quarter-over-quarter. Revenue was up a blistering 225% year-over-year. Management confirmed that Sea would continue to invest in Brazil.Despite cost-cutting initiatives, Sea will continue investing in its platform and that leads to success. Forrest Li on the earnings call:The number of brands on Shopee Mall also continued to grow strongly by 36% year-on-year to over 42,000, reflecting more brands recognizing the value Shopee brings to them. Importantly, we are always looking to further improve the services we offer our sellers and provide a superior shopping experience for our buyers.GarenaSome call it Sea's problem child, but Garena has allowed Sea to grow so fast. DE or digital entertainment, as the company calls it, has been in decline, which is not strange after reopenings. Revenue came in at $892.9 million, down 0.8% quarter-over-quarter and down almost 20% from $1.1 billion last year. But just to show you how difficult last year's comps were, then revenue was up 93.2% for a division that mainly is about a game released 4 years prior. Bookings were down a bit more than revenue, 4% quarter-over-quarter on an FX-neutral basis, from $664.7 million vs. $717.4 million in Q2. Bookings are a window into the future, as they show the money players have already paid but that the company can't recognize yet, as it's not spent yet. The fast decline here seems to have stopped but the trend has not been reversed.Adjusted EBITDA was down from $333.6 million in Q2 to $289.9 million, down 13% quarter-over-quarter, but down 59% compared to last year.From the Q3 earnings call slides, adapted by the authorThat's of course what has worried the market and why it has been so worried about Sea. That Sea can now reduce overall losses by 29% in just a quarter is exactly what Wall Street wanted to see. Management shows results, not just vague promises. The graph also clearly shows that Sea still has more work to do. But the market now knows that management is doing what it should do.Garena's quarterly active users came in at 568.2 million, down from 619.3 million in Q2 or 8.3%. There are 51.5 million paying users or 9.1%, unchanged from Q2. Average bookings per user were $1.2, also flat quarter-over-quarter.Management further reduced the outlook for Garena by about 10%.Given rising macro uncertainties, and with reopening trends having an ongoing effect on the business, we are revising the guidance for digital entertainment. We now expect bookings for the full year of 2022 to be between US$2.6 billion and US$2.8 billion, as compared to the previous guidance of between US$2.9 billion to US$3.1 billion.Riot Games recently did not renew its contract with Garena, taking the publishing rights of its games League of Legends and Teamfight Tactics with it. The first analyst immediately asked if this would impact its relationship with Tencent, which bought Riot in 2011, one year after its partnership with Sea had started. This is the answer of Min Ju Song, the Director of The Group's Chief Corporate Officer’s Office, who always answers all questions.And the recent termination of the -- as we announced legal merchant partnership with Riot as a result of the expiry of agreement would have no impact on our overall publishing business as the contribution is immaterial from the particular game.(...)Also, this decision is a right decision and has no relationship to anything regarding the right of first refusal agreement what we have Tencent.We will have to see in 2023 when the agreement with Tencent expires. In the meantime, Garena keeps working on its pipeline but doesn't really want to share anything specifically. Min Ju Song:In terms of the game pipeline, we do have games in our pipeline on self-development as well as publishing. And as usual, we don't discuss specific games that we haven't announced for launch yet, but there are always things that we are working to.An interesting answer from Min Ju Song shone a light, not just on what management thinks but also how they work. It was about Arena of Valor, a game by TiMi Studios, which is part of Tencent.Of course, as we also shared regarding Arena of Valor, as an example that, it's a six-year-old game and we started to see some new growth in the game six years since its launch. So, we believe that after you reach certain core user base and for a very long-term game, with the right type of operations and efforts, there could be potential upside to the gameThis quote shows that management trusts that Free Fire still has a long runway. At the same time, as they are the distributor, they see what works and they can apply that to Free Fire.SeaMoneyRevenue came in at $326.9 million, up 147.2% year-over-year and a bit more than 17% quarter-over-quarter. Adjusted EBITDA was -$67.7 million, improving by 57.4% year-over-year and 39.3% quarter-over-quarter. The improvements came from better sales and marketing spending and the \"healthy profitable\" credit business.The total loans outstanding in Q3 added up to $2.2B, allowance for credit losses of $253.4M not included. Non-performing loans of more than 90 days came in at less than 4% of loans receivable and the average tenure of the loans was about 4 months.Something I didn't like was that management left out two metrics that they had shared before: active users and total payment volume. Even if these didn't look great, you should either give the numbers or explain why you don't report them anymore. There was no question about this from analysts. They were either briefed beforehand, didn't dare to ask the question, or were asleep at the wheel.No matter what, SeaMoney keeps growing explosively and that's great to see. The evolution that we have seen with Mercado Pago at Mercado Libre can be a model for SeaMoney. However, there is more competition in Southeast Asia than in Latin America when Mercado Pago started and even today. On top of that, management will deprioritize off-platform usage growth.Finally, at SeaMoney, we have deprioritized off-line adoption of ShopeePay and further diversifying funding for our credit business across multiple sources. Our current initiatives are designed to further quantify our leading positions and enable us to continue to win in our key markets over the long run.Management made it clear for all cost cuts that it would turn them back on when it's self-sufficient if they think they are worth it.Management keeps a close look at the loans that SeaMoney provides.With the growing volatility across our markets, we are closely monitoring the health of our credit business and our loan book.Up to now, though, loans are very profitable.To summarize this part, let's look at some interesting stats, made by Quartr.QuartrQuartrNotes from the conference callBefore we go into the conference call, I want to share my general observation about it. Forrest Li, the founder and CEO of Sea, has always been a part of my investment case for Sea. Of course, there's much more, but to me, he's a great leader. If you read his letters, even his leaked internal mails and if you hear him talk, you always have the feeling: \"Yes, this man knows what he is talking about.\"But during the last conference call, for the first time, I heard some doubt in his voice. Of course, this could be totally subjective. During this conference call, though, Li sounded confident and humble as usual.On the conference call, he first mentioned that Sea had its IPO 5 years ago and that he has learned a lot by being a public company. Then he went immediately on to the main focus of the quarter. I have added some italic fonts to underline the important passages.Given the significant uncertainties in the macro environment, we have entirely shifted our mindset and focus from growth to achieving self-sufficiency and profitability as soon as possible without relying on any external funding.We are adapting quickly to the changing climate because we believe that companies that fail to do so may not survive. All our efforts are directed to ensure that Sea not only survives the macro storms, but emerge stronger, more efficient, and more resilient and as a long-term winner in our markets. Right away straight to the core: pointing out the problem and showing what the strategy of the company is. That's a good start. We already had this in the Overview Of The Week, but it can be a reminder here:I announced in mid-September that the management team will stop receiving cash compensation until we achieve self-sufficiency.Forrest Li also warned, and that was repeated by the other management teams, that the upcoming quarters may be somewhat lumpy but restated that Sea wants Shopee to be breakeven on an adjusted EBITDA basis before the end of the year next year.In the coming quarters, we will continue to focus on improving key financial metrics for the long-term health of our business. While our results may fluctuate and affected by the macro environment and many other factors, we are currently working towards adjusted EBITDA breakeven for Shopee, overall by the end of 2023.During the Q&A, management answered that the efficiencies will come from both sides, so controlling expenses and revenue growth.There was also an interesting question about margin profile for Shopee over the long term. This was the answer:In terms of the margins for Shopee, as we shared, there are main two components in our marketplace revenue, once the core marketplace revenue, the other is value-added services.Marketplace revenue is mainly transaction-based fees and advertisement. We believe the margin for this portion of the revenue in the long-term steady state could potentially be more in line with what you would normally see for a pure-play marketplace type of business model.The typical EBITDA margin for e-commerce is between 5% and 15%. Amazon, for example, is usually around 10% and MercadoLibre (MELI) is as well. Net margins are generally between 3% and 5%, although there are exceptions on both sides, of course. If Shopee would already be profitable now, that could mean EBITDA between $200 million and $600 million for this quarter. Min Ju Song continued:Now because of this revenue is mostly related to logistics services, these will be more reflected of potentially logistic services type of margin in the long run.This is something I didn't know, but I found a McKinsey report that says that EBIT margins are typically 1% to 11% in the sector.My take on this quarterThis quarter could mark the turnaround at Sea. That was necessary, as this chart clearly shows.QuartrThe turnaround is fast and big. While the improvements are impressive, Forrest Li said that most would only be visible in the upcoming quarters.As we began more focused efforts on optimizing HQ costs, including R&D costs, from the later part of the third quarter, we expect savings on shared costs to start to show in the following quarters.The word 'efficiency' was used 25 times during the conference call. I think that shows enough what management is focused on.To me, the biggest takeaway is that management did what it had promised. Again, I should add. This management team delivers on its promises and that is great to see.The fact that Forrest Li assured the market that the company wants to pay all of its outstanding notes and still have cash reassured me and probably everyone following Sea.If management continues to deliver as it has done again, I see no reason not to buy Sea's stock, even though I would only add very little at a time. After all, as management said, the quarters could be lumpy, so maybe better prices could still be in front of us.Sea has shown again that it's worth investors' trust. It has adapted very fast to a totally new situation.ConclusionWhile this was not a quarter to get really excited about as such, it was the quarter that Sea needed. It has proven that it can turn around the ship fast. The focus on profitability is the right choice. The affirmation that Sea wants to remain cash positive after paying off all of the convertible bonds is very encouraging. This removes quite a bit of the risk that had popped up in the last quarter.To me, Sea is much more investable again. The upcoming quarters may be lumpy but the long-term prospects for this company are still good. It's still early in its development and has several tailwinds helping its ship sail safely.In the meantime, keep growing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988564507,"gmtCreate":1666791385410,"gmtModify":1676537806831,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9988564507","repostId":"2278672309","repostType":4,"repost":{"id":"2278672309","pubTimestamp":1666778473,"share":"https://ttm.financial/m/news/2278672309?lang=&edition=fundamental","pubTime":"2022-10-26 18:01","market":"us","language":"en","title":"Tesla Has An Elon Musk Problem","url":"https://stock-news.laohu8.com/highlight/detail?id=2278672309","media":"Seeking Alpha","summary":"SummaryTesla's growth is astonishing and it continued to hold significant market share in the United States and around the world in the all-electric vehicle industry.But with their currently-high valu","content":"<html><head></head><body><h2>Summary</h2><ul><li>Tesla's growth is astonishing and it continued to hold significant market share in the United States and around the world in the all-electric vehicle industry.</li><li>But with their currently-high valuation relative to peers directly tied, I believe, to Elon Musk's involvement with the company - recent events may change that.</li><li>As a result, I evaluate the company's current fair value and believe it is lower enough to avoid the company altogether until it reaches more realistic levels.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/036a30b7377f20abe9dceec9a63d51f5\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Justin Sullivan</span></p><p>Tesla (NASDAQ:TSLA) is an interesting growth story and one for the ages. After staring bankruptcy straight in the eyes several times, according to CEO Elon Musk, they ended up as one of the biggest success stories in earlymarket penetration and scaling up capacity around the globe in record time.</p><p>Just like other once-startups in an emerging new industry, however, there are always issues with how to value a company like Tesla. And going one step forward - what influence does the presence of a revolutionary mind like that of Elon Musk have on the stocks share price and subsequent valuation.</p><p>While the company is the only current all-electric vehicle manufacturer with the capacity to meet the demand around the globe, I still believe that there is significant premium to the company's valuation due to its association with Mr. Musk and that if you take him out of the equation - while the company will still do remarkably well and continue to grow, their valuation may be excessive.</p><p>Let's dissect what I mean by excessive and the implications of such.</p><h2>Tesla's Advantage Is Clear</h2><p>While the company is facing increasing competitive pressures from nearly all automobile manufacturers around the globe, they still remain the only company which currently has the capacity to manufacture and deliver hundreds of thousands of all-electric vehicles. While there are some exceptions to this with Chinese-based companies, I'll discuss that later.</p><p>This means that when a company like Hertz (HTZ) wants to cut their maintenance and fuel consumption surcharges and puts in an order for 100,000 all-electric cars - they really only have one option if they want them delivered within a year or two. And that's exactly what they did.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/607f7a5839ed63281b20fe46d8365acd\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>US EV Sales - 2022 YTD (Electrek US EV Sales Tracker)</span></p><p>Even while other companies like Ford (F), General Motors (GM), Toyota Motor (TM) have ramped up production of their all-electric and plug-in hybrid vehicles, they still remain well behind in their capacity for delivery.</p><p>Furthermore, even though most other companies are catching up on this as time goes by, Tesla still has built-in technological advantages like automated driving capabilities, vehicle control technologies, supercharging stations and others. These aren't only just for tech geeks who want to make an investment in the company's current lead in the race for autonomous driving, the vehicle mileage and performance is on the top of consumers' minds as they think of which all-electric vehicle they want to purchase.</p><h2>Tesla's Growth Is Astonishing</h2><p>It's not just that the company has an advantage in their ability to deliver more than their competitors - it's that they're actually increasing deliveries almost every quarter, on average, and they're expected to maintain this growth for quite some time.</p><p>They're doing this by opening manufacturing plants outside of the United States in fast growing markets in the Asia-Pacific region and the European Union and the United Kingdom. While the full capacity of their Shanghai and Germany plants were slightly hindered by the COVID-19 pandemic closures, they're on tap to make record deliveries once more this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdab1ca78acffae7370633d386137363\" tg-width=\"640\" tg-height=\"392\" width=\"100%\" height=\"auto\"/><span>Tesla Vehicle Sales by Quarter (Statista - Sales Visualization)</span></p><p>As we can see, the company has made nearly as many deliveries of their new all-electric vehicles, mostly the Model 3 and Model Y, in the first 3 quarters of this year as they did in the entirety of last year and are set to deliver well over one million vehicles in 2022.</p><p>While they're growing these figures with new plants, other companies are struggling to increase capacity and convert existing manufacturing facilities in the United States to manufacture their own versions of all-electric vehicles.</p><p>That's why I believe Tesla's growth story is far from over, and we can see that in the company's current projections for the coming years.</p><h2>Future Growth Is Strong, But...</h2><p>While the company is projected to deliver almost 2 million vehicles in 2023, there are some negative factors which stand in the way of future growth for the company, even if they seem to be minor in the grand scheme of things.</p><p>Firstly, there's increased competition. While this may not mean much for Tesla in the near term, it certainly will mean a lot in the longer term. There are hundreds of new all-electric and plug-in hybrid models hitting the streets (pun intended) in the coming years and while that may not do much for a few years, it's bound to cut into their market share.</p><p>In fact, that's already been happening. While their cars are not sold in the United States or in major markets (in significant numbers, in any case) outside of the People's Republic of China, BYD (OTCPK:BYDDF) has seen their market share double in the global all-electric vehicle sales and now stand at 11% while Tesla has decreased to about 19% in the latest report of YTD figures in 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec9fdb84e4e48b98991d0625bdc2217a\" tg-width=\"640\" tg-height=\"233\" width=\"100%\" height=\"auto\"/><span>H1 2022 EV Sales by Company (InsideEVs EV Sales)</span></p><p>Even with these global sales and market share figures, the company is still projected to do very well, as you can see by the company's current projections for sales and earnings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7244826e2217edac067e967d0999422f\" tg-width=\"623\" tg-height=\"341\" width=\"100%\" height=\"auto\"/><span>Tesla Sales Growth Projections (Seeking Alpha)</span></p><p>But there's still this issue.</p><h2>The Elon Musk Problem</h2><p>I know, I know, I bore you with details about the company before getting to the issue at hand. But context here is very important.</p><p>The company does have things it can do, which don't require some magical solution by the contrarian-thinking Elon Musk - things like lowering their prices to outmaneuver other companies introducing high-end (ish) all-electric vehicles and things of that nature. But there's still an issue.</p><p>The issue is Elon Musk. While most of the world was struggling with updating the technology in regular automobiles, he was 10 steps ahead with battery technology advancements, technological advancements, EV range increases, charging station expansions and many other things.</p><p>This forward-thinking vision is exactly what made Tesla the hype (rightfully so, not in a bad way) which it is today and I don't believe the company will be where it is today without him. But for how long is he going to stay?</p><h3>Twitter Is Hardly The Only Issue</h3><p>As we've seen with Jack Dorsey when he operated both Square (SQ) and Twitter (TWTR), it's nearly impossible to run multiple companies at once and do a great job at all of them, even if you're Elon Musk.</p><p>While Mr. Musk runs Tesla's as its chief-product-officer, as he dubs himself, he also runs SpaceX (SPACE), The Boring Company, SolarCity (part of Tesla) and other AI (artificial intelligence) companies and he now picked up Twitter.</p><p>While he did sell a significant portion of his Tesla stock to do so, diluting his ownership, it's the hands-off approach I think is coming to Tesla which can hurt valuation. Not only is there a board which can hold this work ethic accountable for the time spent elsewhere, it's about where he spends most of his time.</p><p>During the company's near-bankruptcy times a few years back, Elon Musk notoriously slept on the factory floor to make sure production headwinds were dealt with and it was undoubtedly one of the reasons employees, officers and other mangers managed to get the job done and get vehicles out for delivery.</p><p>Can Elon Must continue to do that now?</p><h3>Eventually He Has To Make A Choice</h3><p>Right now, I believe that Tesla is no longer a priority for Mr. Musk, and that the following companies will take precedent:</p><p>1 -<b>Twitter</b>: With Elon Musk's personal crusade and fortune tied into this acquisition, it's hardly a stretch to think that he'll need to spend a lot of time building the company into something which can potentially be profitable. Since 2021, a lot of the folks who he presumably wants to bring back to Twitter (I won't mention names since I don't want the article to turn political, but unless you've been living in a cave for the past 3 years - you know who I mean) have found other platforms and have since gravitated away.</p><p>Especially since he plans to fire 75% of the company's employees, he'll need to have a hands-on approach if he wants to steer this mega tech company to a place where it can generate meaningful growth or profits in the years to come.</p><p>2 -<b>SpaceX</b>: With the world of space exploration just beginning, and the company's recent advancements in rocket technologies, the company has been experiencing increased demand and this too requires a hands on approach to work with the engineers to solve the seemingly endless headwinds they face trying to colonize other planets, set up the Starlink network and more.</p><p>This means, I believe, that outside of the near full-time job of running Twitter, that Mr. Musk will be spending a near full-time job equivalent of time at SpaceX in order to make these futuristic technologies and products work.</p><p>3 -<b>The Boring Company & Neuralink</b>: While these companies have not been as high profile as Mr. Musk's other ones, recent news that the company is battling deadlines and postponing show-and-tell events further eludes or confirms that the companies are facing some difficulties taking off.</p><p>Since Mr. Musk has been actively taking part in these companies and their issues, it's apparent to me that he's going to continue to spend time with these companies, which will further take time away from Tesla.</p><h2>So What's The Problem Exactly?</h2><p>The problem is the company's valuation.</p><p>As we've seen with sales, growth is projected to slow over the next decade since competitive pressures are mounting and that's true for net income as well, especially if the company will need to lower prices in order to compete.</p><h3>Earnings Per Share Multiples - Comparison</h3><p>Tesla is currently trading at 30x to 50x forward earnings per share projections while they're expected to report slowing growth and a decline by 2027 due to certain estimates that tax credits end and various other factors coming in.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0433a7fa8724b7ec3a9274292ecd618d\" tg-width=\"640\" tg-height=\"170\" width=\"100%\" height=\"auto\"/><span>EPS Projections & FWD P/E Ratio (Seeking Alpha)</span></p><p>While these may not seem excessive, companies like Ford with a projected 25% increase in EPS this year are trading at around 7x forward earnings. Toyota Motors with a longer term EPS growth projection of 5-6% are trading at around 9x forward earnings.</p><h3>Sales Multiples - Comparison</h3><p>If we want to look at sales as an indication, things get even more interesting. Comparing Tesla's sales growth to that of BYD's, the company's closest competitor by unit sales volume, there's a stark difference in valuation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3fb74c2c9e703771131b2ac31a12050\" tg-width=\"640\" tg-height=\"111\" width=\"100%\" height=\"auto\"/><span>BYD Sales Growth / Multiples (Seeking Alpha)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb5de69f4748bc2763641db7f4589d7a\" tg-width=\"640\" tg-height=\"110\" width=\"100%\" height=\"auto\"/><span>TSLA Sales Growth / Multiples (Seeking Alpha)</span></p><p>The difference here is quite astonishing. With nearly identical growth, Tesla is trading at 4.5x to 8x sales multiples while BYD is trading at 0.7x to 1.3x.</p><p>This is due in part to the enthusiasm and trust around Elon Musk's ability to solve issues and come up with product improvements, as his title so suggests. Without him at the helm, I have no doubt that the company can succeed, but can they do so at a valuation 3-4 times as high as other companies with somewhat similar growth projection? I'm just not sure.</p><h2>Conclusion, If There Is One</h2><p>Is Tesla a good company which currently has a near monopoly on US all-electric vehicle sales with ramping up production in the Asia-Pacific and European Union and United Kingdom regions? Absolutely yes.</p><p>Will they continue to grow their long-term sales at low to mid double digits over the next decade? Most likely.</p><p>But with increasing competitive pressures from existing companies, near-certain Model 3 and Model Y pricing cuts and a sluggish sales prospect in China due to increasing competitive pressures from geopolitical forces, the company is going to need the ingenuity of the person who made them what they are today.</p><p>As Mr. Musk continued to take on more and more impossible projects, I don't believe that dedication is sustainable for Tesla and I believe that the company will see him having a more and more hands-off approach as he focused on the other monumental tasks ahead with Twitter, SpaceX, The Boring Company and Neuralink.</p><p>This doesn't mean that the company's growth is in question - but it does mean that if we treat Tesla as a generic company growing at the pace they are, they may be valued quite significantly lower than they are right now. This also means that, historically, during period where the market underperforms, like during recessions or market slowdowns, these types of companies tend to underperform the broader market.</p><p>While the company's growth is not in question, their valuation is. And as a result, I believe that their fair value lies lower than their current valuation. So while I do believe in their future, I'm avoiding the stock altogether.</p><p><i>This article is written by </i><i>Pinxter Analytics</i><i> for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Has An Elon Musk Problem</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\">\nTesla Has An Elon Musk Problem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-26 18:01 GMT+8 <a href=https://seekingalpha.com/article/4549186-tesla-has-an-elon-musk-problem><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla's growth is astonishing and it continued to hold significant market share in the United States and around the world in the all-electric vehicle industry.But with their currently-high ...</p>\n\n<a href=\"https://seekingalpha.com/article/4549186-tesla-has-an-elon-musk-problem\">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://seekingalpha.com/article/4549186-tesla-has-an-elon-musk-problem","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2278672309","content_text":"SummaryTesla's growth is astonishing and it continued to hold significant market share in the United States and around the world in the all-electric vehicle industry.But with their currently-high valuation relative to peers directly tied, I believe, to Elon Musk's involvement with the company - recent events may change that.As a result, I evaluate the company's current fair value and believe it is lower enough to avoid the company altogether until it reaches more realistic levels.Justin SullivanTesla (NASDAQ:TSLA) is an interesting growth story and one for the ages. After staring bankruptcy straight in the eyes several times, according to CEO Elon Musk, they ended up as one of the biggest success stories in earlymarket penetration and scaling up capacity around the globe in record time.Just like other once-startups in an emerging new industry, however, there are always issues with how to value a company like Tesla. And going one step forward - what influence does the presence of a revolutionary mind like that of Elon Musk have on the stocks share price and subsequent valuation.While the company is the only current all-electric vehicle manufacturer with the capacity to meet the demand around the globe, I still believe that there is significant premium to the company's valuation due to its association with Mr. Musk and that if you take him out of the equation - while the company will still do remarkably well and continue to grow, their valuation may be excessive.Let's dissect what I mean by excessive and the implications of such.Tesla's Advantage Is ClearWhile the company is facing increasing competitive pressures from nearly all automobile manufacturers around the globe, they still remain the only company which currently has the capacity to manufacture and deliver hundreds of thousands of all-electric vehicles. While there are some exceptions to this with Chinese-based companies, I'll discuss that later.This means that when a company like Hertz (HTZ) wants to cut their maintenance and fuel consumption surcharges and puts in an order for 100,000 all-electric cars - they really only have one option if they want them delivered within a year or two. And that's exactly what they did.US EV Sales - 2022 YTD (Electrek US EV Sales Tracker)Even while other companies like Ford (F), General Motors (GM), Toyota Motor (TM) have ramped up production of their all-electric and plug-in hybrid vehicles, they still remain well behind in their capacity for delivery.Furthermore, even though most other companies are catching up on this as time goes by, Tesla still has built-in technological advantages like automated driving capabilities, vehicle control technologies, supercharging stations and others. These aren't only just for tech geeks who want to make an investment in the company's current lead in the race for autonomous driving, the vehicle mileage and performance is on the top of consumers' minds as they think of which all-electric vehicle they want to purchase.Tesla's Growth Is AstonishingIt's not just that the company has an advantage in their ability to deliver more than their competitors - it's that they're actually increasing deliveries almost every quarter, on average, and they're expected to maintain this growth for quite some time.They're doing this by opening manufacturing plants outside of the United States in fast growing markets in the Asia-Pacific region and the European Union and the United Kingdom. While the full capacity of their Shanghai and Germany plants were slightly hindered by the COVID-19 pandemic closures, they're on tap to make record deliveries once more this year.Tesla Vehicle Sales by Quarter (Statista - Sales Visualization)As we can see, the company has made nearly as many deliveries of their new all-electric vehicles, mostly the Model 3 and Model Y, in the first 3 quarters of this year as they did in the entirety of last year and are set to deliver well over one million vehicles in 2022.While they're growing these figures with new plants, other companies are struggling to increase capacity and convert existing manufacturing facilities in the United States to manufacture their own versions of all-electric vehicles.That's why I believe Tesla's growth story is far from over, and we can see that in the company's current projections for the coming years.Future Growth Is Strong, But...While the company is projected to deliver almost 2 million vehicles in 2023, there are some negative factors which stand in the way of future growth for the company, even if they seem to be minor in the grand scheme of things.Firstly, there's increased competition. While this may not mean much for Tesla in the near term, it certainly will mean a lot in the longer term. There are hundreds of new all-electric and plug-in hybrid models hitting the streets (pun intended) in the coming years and while that may not do much for a few years, it's bound to cut into their market share.In fact, that's already been happening. While their cars are not sold in the United States or in major markets (in significant numbers, in any case) outside of the People's Republic of China, BYD (OTCPK:BYDDF) has seen their market share double in the global all-electric vehicle sales and now stand at 11% while Tesla has decreased to about 19% in the latest report of YTD figures in 2022.H1 2022 EV Sales by Company (InsideEVs EV Sales)Even with these global sales and market share figures, the company is still projected to do very well, as you can see by the company's current projections for sales and earnings.Tesla Sales Growth Projections (Seeking Alpha)But there's still this issue.The Elon Musk ProblemI know, I know, I bore you with details about the company before getting to the issue at hand. But context here is very important.The company does have things it can do, which don't require some magical solution by the contrarian-thinking Elon Musk - things like lowering their prices to outmaneuver other companies introducing high-end (ish) all-electric vehicles and things of that nature. But there's still an issue.The issue is Elon Musk. While most of the world was struggling with updating the technology in regular automobiles, he was 10 steps ahead with battery technology advancements, technological advancements, EV range increases, charging station expansions and many other things.This forward-thinking vision is exactly what made Tesla the hype (rightfully so, not in a bad way) which it is today and I don't believe the company will be where it is today without him. But for how long is he going to stay?Twitter Is Hardly The Only IssueAs we've seen with Jack Dorsey when he operated both Square (SQ) and Twitter (TWTR), it's nearly impossible to run multiple companies at once and do a great job at all of them, even if you're Elon Musk.While Mr. Musk runs Tesla's as its chief-product-officer, as he dubs himself, he also runs SpaceX (SPACE), The Boring Company, SolarCity (part of Tesla) and other AI (artificial intelligence) companies and he now picked up Twitter.While he did sell a significant portion of his Tesla stock to do so, diluting his ownership, it's the hands-off approach I think is coming to Tesla which can hurt valuation. Not only is there a board which can hold this work ethic accountable for the time spent elsewhere, it's about where he spends most of his time.During the company's near-bankruptcy times a few years back, Elon Musk notoriously slept on the factory floor to make sure production headwinds were dealt with and it was undoubtedly one of the reasons employees, officers and other mangers managed to get the job done and get vehicles out for delivery.Can Elon Must continue to do that now?Eventually He Has To Make A ChoiceRight now, I believe that Tesla is no longer a priority for Mr. Musk, and that the following companies will take precedent:1 -Twitter: With Elon Musk's personal crusade and fortune tied into this acquisition, it's hardly a stretch to think that he'll need to spend a lot of time building the company into something which can potentially be profitable. Since 2021, a lot of the folks who he presumably wants to bring back to Twitter (I won't mention names since I don't want the article to turn political, but unless you've been living in a cave for the past 3 years - you know who I mean) have found other platforms and have since gravitated away.Especially since he plans to fire 75% of the company's employees, he'll need to have a hands-on approach if he wants to steer this mega tech company to a place where it can generate meaningful growth or profits in the years to come.2 -SpaceX: With the world of space exploration just beginning, and the company's recent advancements in rocket technologies, the company has been experiencing increased demand and this too requires a hands on approach to work with the engineers to solve the seemingly endless headwinds they face trying to colonize other planets, set up the Starlink network and more.This means, I believe, that outside of the near full-time job of running Twitter, that Mr. Musk will be spending a near full-time job equivalent of time at SpaceX in order to make these futuristic technologies and products work.3 -The Boring Company & Neuralink: While these companies have not been as high profile as Mr. Musk's other ones, recent news that the company is battling deadlines and postponing show-and-tell events further eludes or confirms that the companies are facing some difficulties taking off.Since Mr. Musk has been actively taking part in these companies and their issues, it's apparent to me that he's going to continue to spend time with these companies, which will further take time away from Tesla.So What's The Problem Exactly?The problem is the company's valuation.As we've seen with sales, growth is projected to slow over the next decade since competitive pressures are mounting and that's true for net income as well, especially if the company will need to lower prices in order to compete.Earnings Per Share Multiples - ComparisonTesla is currently trading at 30x to 50x forward earnings per share projections while they're expected to report slowing growth and a decline by 2027 due to certain estimates that tax credits end and various other factors coming in.EPS Projections & FWD P/E Ratio (Seeking Alpha)While these may not seem excessive, companies like Ford with a projected 25% increase in EPS this year are trading at around 7x forward earnings. Toyota Motors with a longer term EPS growth projection of 5-6% are trading at around 9x forward earnings.Sales Multiples - ComparisonIf we want to look at sales as an indication, things get even more interesting. Comparing Tesla's sales growth to that of BYD's, the company's closest competitor by unit sales volume, there's a stark difference in valuation.BYD Sales Growth / Multiples (Seeking Alpha)TSLA Sales Growth / Multiples (Seeking Alpha)The difference here is quite astonishing. With nearly identical growth, Tesla is trading at 4.5x to 8x sales multiples while BYD is trading at 0.7x to 1.3x.This is due in part to the enthusiasm and trust around Elon Musk's ability to solve issues and come up with product improvements, as his title so suggests. Without him at the helm, I have no doubt that the company can succeed, but can they do so at a valuation 3-4 times as high as other companies with somewhat similar growth projection? I'm just not sure.Conclusion, If There Is OneIs Tesla a good company which currently has a near monopoly on US all-electric vehicle sales with ramping up production in the Asia-Pacific and European Union and United Kingdom regions? Absolutely yes.Will they continue to grow their long-term sales at low to mid double digits over the next decade? Most likely.But with increasing competitive pressures from existing companies, near-certain Model 3 and Model Y pricing cuts and a sluggish sales prospect in China due to increasing competitive pressures from geopolitical forces, the company is going to need the ingenuity of the person who made them what they are today.As Mr. Musk continued to take on more and more impossible projects, I don't believe that dedication is sustainable for Tesla and I believe that the company will see him having a more and more hands-off approach as he focused on the other monumental tasks ahead with Twitter, SpaceX, The Boring Company and Neuralink.This doesn't mean that the company's growth is in question - but it does mean that if we treat Tesla as a generic company growing at the pace they are, they may be valued quite significantly lower than they are right now. This also means that, historically, during period where the market underperforms, like during recessions or market slowdowns, these types of companies tend to underperform the broader market.While the company's growth is not in question, their valuation is. And as a result, I believe that their fair value lies lower than their current valuation. So while I do believe in their future, I'm avoiding the stock altogether.This article is written by Pinxter Analytics for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934888998,"gmtCreate":1663216884014,"gmtModify":1676537230342,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9934888998","repostId":"1113376853","repostType":4,"repost":{"id":"1113376853","pubTimestamp":1663211229,"share":"https://ttm.financial/m/news/1113376853?lang=&edition=fundamental","pubTime":"2022-09-15 11:07","market":"us","language":"en","title":"Goldman Sachs: 7 Safe Conviction List Dividend Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1113376853","media":"24/7 wall street","summary":"September is the worst month of the year for stocks, but the real scary month this year could be Oct","content":"<html><head></head><body><p>September is the worst month of the year for stocks, but the real scary month this year could be October, and not just because of the potential for a spooky Halloween. With third-quarter earnings on deck, typical seasonal worries and what most likely will be another 75-basis-point increase in the federal funds rate, the analysts at Goldman Sachs are urging investors to avoid investing in the indexes and focus on single stocks for alpha generation.</p><p>In a new research report targeted toward options trading going forward this fall, Goldman Sachs stresses that volatility could jump sharply in October. The analysts had this to say when discussing why:</p><blockquote>We expect volatility to increase over the next month, driven by a seasonal pickup in investor uncertainty, significant monetary policy catalysts, including monthly inflation metrics and upcoming single stock catalysts, including analyst days. On average, over the past 94 years, S&P 500 volatility has increased 29% from August to October. While some consider it a coincidence that major market corrections have occurred in October, we believe performance pressures for company managements (to meet full year expectations) and investors (final earnings catalysts for their performance year) exacerbate shifts in investor sentiment at this time of year.</blockquote><p>Given those concerns, we screened the firm’s Conviction List of top stock picks for good ideas for what could be a very dangerous stretch to what already has been a lousy year for investors. This week’s consumer price index numbers all but confirmed that we are in for the aforementioned 75-basis-point increase in the federal funds rate next week, so safe dividend-paying picks are the way to go for now. We found seven from the Goldman Sachs Conviction List that make sense now.</p><p>It is important to remember that no single analyst report should be used as the sole basis for any buying or selling decision.</p><h2><a href=\"https://laohu8.com/S/MRK\">Merck</a></h2><p>This remains a leading health care stock for conservative investors. Merck & Co. Inc. (NYSE: MRK) operates as a health care company worldwide. It operates through the following two segments.</p><p>The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular and diabetes, as well as vaccine products, such as preventive pediatric, adolescent and adult vaccines.</p><p>The Animal Health segment discovers, develops, manufactures and markets veterinary pharmaceuticals, vaccines and health management solutions and services, as well as digitally connected identification, traceability and monitoring products.</p><p>Merck serves drug wholesalers and retailers, hospitals and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers and other institutions; and physicians and physician distributors, veterinarians and animal producers. The company has collaborations with AstraZeneca, Bayer, Eisai, Ridgeback Biotherapeutics and Gilead Sciences.</p><p>Investors receive a 3.20% dividend. Goldman Sachs has set a $106 target price. The consensus target for Merck stock is $100.60, which is also well above Tuesday’s close at $86.28.</p><h2><a href=\"https://laohu8.com/S/NEP\">NextEra Energy Partners</a></h2><p>This utility is located in one of the fastest-growing states in the country and is a big ESG (environmental, social, governance) favorite. Next Era Energy Partners L.P. (NYSE: NEP) acquires, owns and manages contracted clean energy projects in the United States. Its portfolio of contracted renewable generation assets consists of wind and solar projects, as well as contracted natural gas pipeline assets.</p><p>The company owns roughly 6.5 gigawatts of utility-scale wind capacity and 1.4 gigawatts of utility-scale and distributed generation solar capacity in North America as of mid-2021. NextEra also owns an interest in a network of natural gas pipelines in Texas. All of that company’s assets have long-term contracts with an average remaining contractual life of 14 years across the portfolio. NextEra Energy owns 57.2% of NextEra Energy Partners common units as of the end of 2020, with the remaining ownership interest publicly traded.</p><p>The dividend yield here is 3.60%. The $102 Goldman Sachs target price compares with an $86.38 consensus target. On Tuesday, NextEra Energy Partners stock closed at $84.08.</p><h2><a href=\"https://laohu8.com/S/PEP\">PepsiCo</a></h2><p>This top consumer staples company will be supplying the goods for football tailgates and parties this fall. PepsiCo Inc. (NYSE: PEP) operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s and Ruffles potato chips; Doritos, Tostitos and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips and Fritos corn chips.</p><p>The Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, natural granola and oat squares, as well as the recently name-changed Aunt Jemima mixes and syrups, and Quaker Chewy granola bars, Cap’n Crunch cereal, Life cereal and Rice-A-Roni side dishes.</p><p>Its North America Beverages segment offers beverage concentrates, fountain syrups and finished goods under the Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Tropicana Pure Premium, Sierra Mist and Mug brands, as well as ready-to-drink tea and coffee, and juices.</p><p>PepsiCo stock comes with a 2.80% dividend. Goldman Sachs’s $185 price target posted is higher than the $181.69 consensus target and the most recent close at $167.45.</p><h2><a href=\"https://laohu8.com/S/RTX\">Raytheon Technologies</a></h2><p>This top aerospace and defense idea has a diversified mix of businesses. Raytheon Technologies Corp. (NYSE: RTX) is an industry leader in defense, government electronics, space, information technology and technical services.</p><p>With a history of innovation spanning 97 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects and mission support for customers in more than 80 countries.</p><p>In 2020, United Technologies and Raytheon agreed to merge their businesses to create this new aerospace and defense powerhouse. The two-year-old merger, combined with the spin-off of the Carrier and Otis divisions in 2020, has top analysts across Wall Street expecting free cash flow to step up in a big way this year. Toss in the solid recovery in air travel and improving sentiment that could help drive the commercial aerospace business.</p><p>Shareholders receive a 2.70% dividend. Raytheon Technologies stock has a $108 price target at Goldman Sachs. The consensus is slightly higher at $109.78, but the stock closed on Tuesday at $82.68.</p><h2><a href=\"https://laohu8.com/S/RSG\">Republic Services</a></h2><p>Despite the economy’s ups and downs, somebody has to pick up the trash and recyclables each week, and this is a leader in the business. Republic Services Inc. (NYSE: RSG) offers environmental services in the United States, including collection and processing of recyclable materials; collection, transfer and disposal of non-hazardous solid waste; and other environmental solutions.</p><p>The company’s collection services include curbside collection of material for transport to transfer stations, landfills or recycling processing centers; supply of recycling and waste containers; and renting of compactors. In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass and other materials, and in provision of landfill and transfer services.</p><p>Republic Services also offers disposal of nonhazardous solid and liquid material and in-plant services, such as transportation and logistics. It serves small-container, large-container and residential customers. As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, six saltwater disposal wells and seven deep injection wells, as well as three treatment, recovery and disposal facilities in 41 states. It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills.</p><p>Investors receive a 1.40% dividend. The Goldman Sachs price target is $175, while the consensus target was last seen at $156.86. Republic Services stock ended Tuesday trading at $146.26.</p><h2><a href=\"https://laohu8.com/S/STZ\">Constellation Brands</a></h2><p>If any company has products that stay in style, it is this one, and it has only 7% foreign sales. Constellation Brands Inc. (NYSE: STZ) is a leading global producer and marketer of beverage alcohol. Its wide-ranging portfolio spans wine, spirits and imported beer.</p><p>The company is one the world’s largest wine companies overall and is the largest global premium wine company. Key brands include Robert Mondavi, Clos du Bois, Blackstone, Arbor Mist, Black Velvet and SVEDKA vodka. It also owns 100% of the rights to brew, market and sell Modelo’s Mexican beers in the United States.</p><p>Constellation Brands made a gigantic $3.8 billion investment in cannabis company Canopy Growth in 2018 to increase its holdings in the company. The record investment reflects a world in which marijuana has become ubiquitous as its counterculture stigma fades and more states legalize use.</p><p>Constellation Brands stock investors receive a 1.30% dividend. Goldman Sachs has a price target of $273, and the consensus target is $275.40. The stock closed on Tuesday at $240.11.</p><h2><a href=\"https://laohu8.com/S/DTE\">DTE Energy</a></h2><p>With the potential for extremely cold winter weather, this company may look to extend gains in the final quarter of 2022 and next year. DTE Energy Co. (NYSE: DTE) is the largest utility in Michigan. Its largest operating units are DTE Electric, an electric utility serving 2.2 million customers in southeastern Michigan, and DTE Gas, a natural gas utility serving 1.3 million customers in the state. DTE Energy also has non-utility energy businesses that focus on power and industrial projects, natural gas midstream and energy trading.</p><p>The company’s Gas segment purchases, stores, transports, distributes and sells natural gas to residential, commercial and industrial customers throughout Michigan, and it sells storage and transportation capacity. This segment has approximately 19,800 miles of distribution mains, 1,305,000 service pipelines and 1,273,000 active meters, as well as approximately 2,000 miles of transmission pipelines.</p><p>Its Gas Storage and Pipelines segment owns natural gas storage fields, lateral and gathering pipeline systems and compression and surface facilities. It also has ownership interests in interstate pipelines serving the Midwest, Ontario and northeast markets.</p><p>The Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers.</p><p>Shareholders receive a 2.70% dividend. The Goldman Sachs price objective on DTE Energy stock is $143. That compares with a lower $140.25 consensus and Thursday’s close at $132.92.</p></body></html>","source":"lsy1620372341666","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>Goldman Sachs: 7 Safe Conviction List Dividend Stocks to Buy Now</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\">\nGoldman Sachs: 7 Safe Conviction List Dividend Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-15 11:07 GMT+8 <a href=https://247wallst.com/investing/2022/09/14/goldman-sachs-says-beware-of-dangerous-fall-market-volatility-7-safe-conviction-list-dividend-stocks-to-buy-now/3/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>September is the worst month of the year for stocks, but the real scary month this year could be October, and not just because of the potential for a spooky Halloween. With third-quarter earnings on ...</p>\n\n<a href=\"https://247wallst.com/investing/2022/09/14/goldman-sachs-says-beware-of-dangerous-fall-market-volatility-7-safe-conviction-list-dividend-stocks-to-buy-now/3/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NEP":"Nextera Energy Partners","MRK":"默沙东","STZ":"星座品牌","DTE":"DTE能源","RSG":"共和废品处理","PEP":"百事可乐"},"source_url":"https://247wallst.com/investing/2022/09/14/goldman-sachs-says-beware-of-dangerous-fall-market-volatility-7-safe-conviction-list-dividend-stocks-to-buy-now/3/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113376853","content_text":"September is the worst month of the year for stocks, but the real scary month this year could be October, and not just because of the potential for a spooky Halloween. With third-quarter earnings on deck, typical seasonal worries and what most likely will be another 75-basis-point increase in the federal funds rate, the analysts at Goldman Sachs are urging investors to avoid investing in the indexes and focus on single stocks for alpha generation.In a new research report targeted toward options trading going forward this fall, Goldman Sachs stresses that volatility could jump sharply in October. The analysts had this to say when discussing why:We expect volatility to increase over the next month, driven by a seasonal pickup in investor uncertainty, significant monetary policy catalysts, including monthly inflation metrics and upcoming single stock catalysts, including analyst days. On average, over the past 94 years, S&P 500 volatility has increased 29% from August to October. While some consider it a coincidence that major market corrections have occurred in October, we believe performance pressures for company managements (to meet full year expectations) and investors (final earnings catalysts for their performance year) exacerbate shifts in investor sentiment at this time of year.Given those concerns, we screened the firm’s Conviction List of top stock picks for good ideas for what could be a very dangerous stretch to what already has been a lousy year for investors. This week’s consumer price index numbers all but confirmed that we are in for the aforementioned 75-basis-point increase in the federal funds rate next week, so safe dividend-paying picks are the way to go for now. We found seven from the Goldman Sachs Conviction List that make sense now.It is important to remember that no single analyst report should be used as the sole basis for any buying or selling decision.MerckThis remains a leading health care stock for conservative investors. Merck & Co. Inc. (NYSE: MRK) operates as a health care company worldwide. It operates through the following two segments.The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular and diabetes, as well as vaccine products, such as preventive pediatric, adolescent and adult vaccines.The Animal Health segment discovers, develops, manufactures and markets veterinary pharmaceuticals, vaccines and health management solutions and services, as well as digitally connected identification, traceability and monitoring products.Merck serves drug wholesalers and retailers, hospitals and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers and other institutions; and physicians and physician distributors, veterinarians and animal producers. The company has collaborations with AstraZeneca, Bayer, Eisai, Ridgeback Biotherapeutics and Gilead Sciences.Investors receive a 3.20% dividend. Goldman Sachs has set a $106 target price. The consensus target for Merck stock is $100.60, which is also well above Tuesday’s close at $86.28.NextEra Energy PartnersThis utility is located in one of the fastest-growing states in the country and is a big ESG (environmental, social, governance) favorite. Next Era Energy Partners L.P. (NYSE: NEP) acquires, owns and manages contracted clean energy projects in the United States. Its portfolio of contracted renewable generation assets consists of wind and solar projects, as well as contracted natural gas pipeline assets.The company owns roughly 6.5 gigawatts of utility-scale wind capacity and 1.4 gigawatts of utility-scale and distributed generation solar capacity in North America as of mid-2021. NextEra also owns an interest in a network of natural gas pipelines in Texas. All of that company’s assets have long-term contracts with an average remaining contractual life of 14 years across the portfolio. NextEra Energy owns 57.2% of NextEra Energy Partners common units as of the end of 2020, with the remaining ownership interest publicly traded.The dividend yield here is 3.60%. The $102 Goldman Sachs target price compares with an $86.38 consensus target. On Tuesday, NextEra Energy Partners stock closed at $84.08.PepsiCoThis top consumer staples company will be supplying the goods for football tailgates and parties this fall. PepsiCo Inc. (NYSE: PEP) operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s and Ruffles potato chips; Doritos, Tostitos and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips and Fritos corn chips.The Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, natural granola and oat squares, as well as the recently name-changed Aunt Jemima mixes and syrups, and Quaker Chewy granola bars, Cap’n Crunch cereal, Life cereal and Rice-A-Roni side dishes.Its North America Beverages segment offers beverage concentrates, fountain syrups and finished goods under the Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Tropicana Pure Premium, Sierra Mist and Mug brands, as well as ready-to-drink tea and coffee, and juices.PepsiCo stock comes with a 2.80% dividend. Goldman Sachs’s $185 price target posted is higher than the $181.69 consensus target and the most recent close at $167.45.Raytheon TechnologiesThis top aerospace and defense idea has a diversified mix of businesses. Raytheon Technologies Corp. (NYSE: RTX) is an industry leader in defense, government electronics, space, information technology and technical services.With a history of innovation spanning 97 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects and mission support for customers in more than 80 countries.In 2020, United Technologies and Raytheon agreed to merge their businesses to create this new aerospace and defense powerhouse. The two-year-old merger, combined with the spin-off of the Carrier and Otis divisions in 2020, has top analysts across Wall Street expecting free cash flow to step up in a big way this year. Toss in the solid recovery in air travel and improving sentiment that could help drive the commercial aerospace business.Shareholders receive a 2.70% dividend. Raytheon Technologies stock has a $108 price target at Goldman Sachs. The consensus is slightly higher at $109.78, but the stock closed on Tuesday at $82.68.Republic ServicesDespite the economy’s ups and downs, somebody has to pick up the trash and recyclables each week, and this is a leader in the business. Republic Services Inc. (NYSE: RSG) offers environmental services in the United States, including collection and processing of recyclable materials; collection, transfer and disposal of non-hazardous solid waste; and other environmental solutions.The company’s collection services include curbside collection of material for transport to transfer stations, landfills or recycling processing centers; supply of recycling and waste containers; and renting of compactors. In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass and other materials, and in provision of landfill and transfer services.Republic Services also offers disposal of nonhazardous solid and liquid material and in-plant services, such as transportation and logistics. It serves small-container, large-container and residential customers. As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, six saltwater disposal wells and seven deep injection wells, as well as three treatment, recovery and disposal facilities in 41 states. It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills.Investors receive a 1.40% dividend. The Goldman Sachs price target is $175, while the consensus target was last seen at $156.86. Republic Services stock ended Tuesday trading at $146.26.Constellation BrandsIf any company has products that stay in style, it is this one, and it has only 7% foreign sales. Constellation Brands Inc. (NYSE: STZ) is a leading global producer and marketer of beverage alcohol. Its wide-ranging portfolio spans wine, spirits and imported beer.The company is one the world’s largest wine companies overall and is the largest global premium wine company. Key brands include Robert Mondavi, Clos du Bois, Blackstone, Arbor Mist, Black Velvet and SVEDKA vodka. It also owns 100% of the rights to brew, market and sell Modelo’s Mexican beers in the United States.Constellation Brands made a gigantic $3.8 billion investment in cannabis company Canopy Growth in 2018 to increase its holdings in the company. The record investment reflects a world in which marijuana has become ubiquitous as its counterculture stigma fades and more states legalize use.Constellation Brands stock investors receive a 1.30% dividend. Goldman Sachs has a price target of $273, and the consensus target is $275.40. The stock closed on Tuesday at $240.11.DTE EnergyWith the potential for extremely cold winter weather, this company may look to extend gains in the final quarter of 2022 and next year. DTE Energy Co. (NYSE: DTE) is the largest utility in Michigan. Its largest operating units are DTE Electric, an electric utility serving 2.2 million customers in southeastern Michigan, and DTE Gas, a natural gas utility serving 1.3 million customers in the state. DTE Energy also has non-utility energy businesses that focus on power and industrial projects, natural gas midstream and energy trading.The company’s Gas segment purchases, stores, transports, distributes and sells natural gas to residential, commercial and industrial customers throughout Michigan, and it sells storage and transportation capacity. This segment has approximately 19,800 miles of distribution mains, 1,305,000 service pipelines and 1,273,000 active meters, as well as approximately 2,000 miles of transmission pipelines.Its Gas Storage and Pipelines segment owns natural gas storage fields, lateral and gathering pipeline systems and compression and surface facilities. It also has ownership interests in interstate pipelines serving the Midwest, Ontario and northeast markets.The Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers.Shareholders receive a 2.70% dividend. The Goldman Sachs price objective on DTE Energy stock is $143. That compares with a lower $140.25 consensus and Thursday’s close at $132.92.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934054934,"gmtCreate":1663164831529,"gmtModify":1676537217917,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9934054934","repostId":"1166224654","repostType":4,"repost":{"id":"1166224654","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1663164233,"share":"https://ttm.financial/m/news/1166224654?lang=&edition=fundamental","pubTime":"2022-09-14 22:03","market":"us","language":"en","title":"U.S. Hot EV Stocks Rallied in Morning Trading with Nikola Jumping 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166224654","media":"Tiger Newspress","summary":"U.S. hot EV stocks rallied in morning trading with Nikola jumping 5%.","content":"<html><head></head><body><p>U.S. hot EV stocks rallied in morning trading with Nikola jumping 5%.<img src=\"https://static.tigerbbs.com/001e61e3189131f773067584186d2d92\" tg-width=\"439\" tg-height=\"239\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Hot EV Stocks Rallied in Morning Trading with Nikola Jumping 5%</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Hot EV Stocks Rallied in Morning Trading with Nikola Jumping 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-14 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. hot EV stocks rallied in morning trading with Nikola jumping 5%.<img src=\"https://static.tigerbbs.com/001e61e3189131f773067584186d2d92\" tg-width=\"439\" tg-height=\"239\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKLA":"Nikola Corporation","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166224654","content_text":"U.S. hot EV stocks rallied in morning trading with Nikola jumping 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935702677,"gmtCreate":1663130304800,"gmtModify":1676537210900,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935702677","repostId":"2267503275","repostType":4,"repost":{"id":"2267503275","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":1663100861,"share":"https://ttm.financial/m/news/2267503275?lang=&edition=fundamental","pubTime":"2022-09-14 04:27","market":"us","language":"en","title":"US STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2267503275","media":"Reuters","summary":"U.S. consumer prices rise unexpectedlyLikelihood grows of a 100 bp Fed rate hike in SeptIndexes slid","content":"<html><head></head><body><ul><li>U.S. consumer prices rise unexpectedly</li><li>Likelihood grows of a 100 bp Fed rate hike in Sept</li><li>Indexes slide: Dow 3.94%, S&P 4.32%, Nasdaq 5.16%</li></ul><p>(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.</p><p>All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.</p><p>Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a> and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> weighing heaviest.</p><p>"(The sell-off) is not a surprise given the rally running up to the data," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.</p><p>The Labor Department's consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.</p><p>Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.</p><p>The report points to "very persistent inflation and that means the Fed is going to remain engaged and raise rates," Nolte added. "And that’s an anathema to equities."</p><p>Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC's policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME's FedWatch tool.</p><p>"The Fed has increased (interest rates) by three full percentage points in the last six months," Nolte said. "We have not yet felt the full impact of all those increases. But we will feel it."</p><p>"We are at recession’s doorstep."</p><p>Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.</p><p>The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.</p><p>The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.</p><p>All 11 major sectors of the S&P 500 ended the session deep in red territory.</p><p>Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.</p><p>The S&P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.</p><p>Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-14 04:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>U.S. consumer prices rise unexpectedly</li><li>Likelihood grows of a 100 bp Fed rate hike in Sept</li><li>Indexes slide: Dow 3.94%, S&P 4.32%, Nasdaq 5.16%</li></ul><p>(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.</p><p>All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.</p><p>Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a> and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> weighing heaviest.</p><p>"(The sell-off) is not a surprise given the rally running up to the data," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.</p><p>The Labor Department's consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.</p><p>Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.</p><p>The report points to "very persistent inflation and that means the Fed is going to remain engaged and raise rates," Nolte added. "And that’s an anathema to equities."</p><p>Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC's policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME's FedWatch tool.</p><p>"The Fed has increased (interest rates) by three full percentage points in the last six months," Nolte said. "We have not yet felt the full impact of all those increases. But we will feel it."</p><p>"We are at recession’s doorstep."</p><p>Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.</p><p>The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.</p><p>The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.</p><p>All 11 major sectors of the S&P 500 ended the session deep in red territory.</p><p>Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.</p><p>The S&P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.</p><p>Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267503275","content_text":"U.S. consumer prices rise unexpectedlyLikelihood grows of a 100 bp Fed rate hike in SeptIndexes slide: Dow 3.94%, S&P 4.32%, Nasdaq 5.16%(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by Apple Inc, Microsoft Corp and Amazon.com Inc weighing heaviest.\"(The sell-off) is not a surprise given the rally running up to the data,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.The Labor Department's consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.The report points to \"very persistent inflation and that means the Fed is going to remain engaged and raise rates,\" Nolte added. \"And that’s an anathema to equities.\"Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC's policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME's FedWatch tool.\"The Fed has increased (interest rates) by three full percentage points in the last six months,\" Nolte said. \"We have not yet felt the full impact of all those increases. But we will feel it.\"\"We are at recession’s doorstep.\"Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.All 11 major sectors of the S&P 500 ended the session deep in red territory.Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935690133,"gmtCreate":1663077156523,"gmtModify":1676537197785,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9935690133","repostId":"1106015708","repostType":4,"repost":{"id":"1106015708","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1663076444,"share":"https://ttm.financial/m/news/1106015708?lang=&edition=fundamental","pubTime":"2022-09-13 21:40","market":"us","language":"en","title":"Crypto Stocks Slumped in Morning Trading with Marathon and MicroStrategy Falling over 9%","url":"https://stock-news.laohu8.com/highlight/detail?id=1106015708","media":"Tiger Newspress","summary":"Crypto stocks slumped in morning trading with Marathon and MicroStrategy falling over 9%.","content":"<html><head></head><body><p>Crypto stocks slumped in morning trading with Marathon and MicroStrategy falling over 9%.<img src=\"https://static.tigerbbs.com/3aff0bb276b5c8445d546b098445318c\" tg-width=\"301\" tg-height=\"478\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Stocks Slumped in Morning Trading with Marathon and MicroStrategy Falling over 9%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Stocks Slumped in Morning Trading with Marathon and MicroStrategy Falling over 9%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-13 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto stocks slumped in morning trading with Marathon and MicroStrategy falling over 9%.<img src=\"https://static.tigerbbs.com/3aff0bb276b5c8445d546b098445318c\" tg-width=\"301\" tg-height=\"478\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","MSTR":"MicroStrategy","MARA":"Marathon Digital Holdings Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106015708","content_text":"Crypto stocks slumped in morning trading with Marathon and MicroStrategy falling over 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932741746,"gmtCreate":1662996942286,"gmtModify":1676537179422,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9932741746","repostId":"2266932667","repostType":4,"repost":{"id":"2266932667","pubTimestamp":1662996066,"share":"https://ttm.financial/m/news/2266932667?lang=&edition=fundamental","pubTime":"2022-09-12 23:21","market":"us","language":"en","title":"Google Completes Acquisition of Mandiant","url":"https://stock-news.laohu8.com/highlight/detail?id=2266932667","media":"StreetInsider","summary":"Google LLC today announced the completion of its acquisition of Mandiant, Inc. (NASDAQ: MNDT), a rec","content":"<html><head></head><body><p>Google LLC today announced the completion of its acquisition of <a href=\"https://laohu8.com/S/MNDT\">Mandiant</a>, Inc. (NASDAQ: MNDT), a recognized leader in dynamic cyber defense, threat intelligence and incident response services. Mandiant will join Google Cloud and retain the Mandiant brand.</p><p>Google and Mandiant share a long commitment to industry-leading security. Over the past two decades, Google has innovated to build some of the most secure computing systems in the world. Google Cloud customers and partners benefit from these pioneering security capabilities including world-class threat intelligence, zero trust architecture, and planet-scale analytics for security operations. Mandiant, which is known for delivering unparalleled frontline expertise and industry-leading threat intelligence, is a proven first responder to the world's largest cybersecurity incidents. Mandiant's services, delivered by their team of security and intelligence individuals spread across 22 countries, are widely recognized for helping top enterprises and organizations prepare for and react to cybersecurity incidents.</p><p>With this acquisition, Google Cloud and Mandiant will deliver an end-to-end security operations suite with even greater capabilities to support customers across their cloud and on-premise environments.</p><p>"The completion of this acquisition will enable us to deliver a comprehensive and best-in-class cybersecurity solution," said Thomas Kurian, CEO of Google Cloud. "We believe this acquisition creates incredible value for our customers and the security industry at large. Together, Google Cloud and Mandiant will help reinvent how organizations protect themselves, as well as detect and respond to threats."</p><p>Organizations today are facing cybersecurity challenges that have accelerated in frequency, severity and diversity, creating a global security imperative. Enterprises need to be able to detect and respond to malicious actors quickly, with actionable threat intelligence to continually protect their organizations against new attacks.</p><p>"Mandiant is driven by a mission to make every organization secure from cyber threats and confident in their readiness," said Kevin Mandia, CEO, Mandiant. "Combining our 18 years of threat intelligence and incident response experience with Google Cloud's security expertise presents an incredible opportunity to deliver with the speed and scale that the security industry needs."</p><p>Hear from others on the impact of this acquisition:</p><ul><li>"The power of stronger partnerships across the cybersecurity ecosystem is critical to driving value for clients and protecting industries around the globe. The combination of Google Cloud and Mandiant and their commitment to multi-cloud will further support increased collaboration, driving innovation across the cybersecurity industry and augmenting threat research capabilities. We look forward to working with them on this mission." - Paolo Dal Cin, Global Lead, Accenture Security</li><li>"Google's acquisition of Mandiant, a leader in threat intelligence, security advisory, consulting and incident response services will allow Google Cloud to deliver an end-to-end security operations suite with even greater capabilities and services to support customers in their security transformation across cloud and on-premise environments." - Craig Robinson, Research <a href=\"https://laohu8.com/S/VP..UK\">VP</a>, Security Services, IDC</li><li>"Bringing together Mandiant and Google Cloud, two long-time cybersecurity leaders, will advance how companies identify and defend against threats. We look forward to the impact of this acquisition, both for the security industry and the protection of our customers." - Andy Schworer, Director, Cyber Defense Engineering, Uber</li></ul></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Completes Acquisition of Mandiant</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\">\nGoogle Completes Acquisition of Mandiant\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-12 23:21 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=20573208><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google LLC today announced the completion of its acquisition of Mandiant, Inc. (NASDAQ: MNDT), a recognized leader in dynamic cyber defense, threat intelligence and incident response services. ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20573208\">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","MNDT":"Mandiant"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20573208","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266932667","content_text":"Google LLC today announced the completion of its acquisition of Mandiant, Inc. (NASDAQ: MNDT), a recognized leader in dynamic cyber defense, threat intelligence and incident response services. Mandiant will join Google Cloud and retain the Mandiant brand.Google and Mandiant share a long commitment to industry-leading security. Over the past two decades, Google has innovated to build some of the most secure computing systems in the world. Google Cloud customers and partners benefit from these pioneering security capabilities including world-class threat intelligence, zero trust architecture, and planet-scale analytics for security operations. Mandiant, which is known for delivering unparalleled frontline expertise and industry-leading threat intelligence, is a proven first responder to the world's largest cybersecurity incidents. Mandiant's services, delivered by their team of security and intelligence individuals spread across 22 countries, are widely recognized for helping top enterprises and organizations prepare for and react to cybersecurity incidents.With this acquisition, Google Cloud and Mandiant will deliver an end-to-end security operations suite with even greater capabilities to support customers across their cloud and on-premise environments.\"The completion of this acquisition will enable us to deliver a comprehensive and best-in-class cybersecurity solution,\" said Thomas Kurian, CEO of Google Cloud. \"We believe this acquisition creates incredible value for our customers and the security industry at large. Together, Google Cloud and Mandiant will help reinvent how organizations protect themselves, as well as detect and respond to threats.\"Organizations today are facing cybersecurity challenges that have accelerated in frequency, severity and diversity, creating a global security imperative. Enterprises need to be able to detect and respond to malicious actors quickly, with actionable threat intelligence to continually protect their organizations against new attacks.\"Mandiant is driven by a mission to make every organization secure from cyber threats and confident in their readiness,\" said Kevin Mandia, CEO, Mandiant. \"Combining our 18 years of threat intelligence and incident response experience with Google Cloud's security expertise presents an incredible opportunity to deliver with the speed and scale that the security industry needs.\"Hear from others on the impact of this acquisition:\"The power of stronger partnerships across the cybersecurity ecosystem is critical to driving value for clients and protecting industries around the globe. The combination of Google Cloud and Mandiant and their commitment to multi-cloud will further support increased collaboration, driving innovation across the cybersecurity industry and augmenting threat research capabilities. We look forward to working with them on this mission.\" - Paolo Dal Cin, Global Lead, Accenture Security\"Google's acquisition of Mandiant, a leader in threat intelligence, security advisory, consulting and incident response services will allow Google Cloud to deliver an end-to-end security operations suite with even greater capabilities and services to support customers in their security transformation across cloud and on-premise environments.\" - Craig Robinson, Research VP, Security Services, IDC\"Bringing together Mandiant and Google Cloud, two long-time cybersecurity leaders, will advance how companies identify and defend against threats. We look forward to the impact of this acquisition, both for the security industry and the protection of our customers.\" - Andy Schworer, Director, Cyber Defense Engineering, Uber","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936155741,"gmtCreate":1662732735584,"gmtModify":1676537129270,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936155741","repostId":"1102080267","repostType":4,"repost":{"id":"1102080267","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1662730336,"share":"https://ttm.financial/m/news/1102080267?lang=&edition=fundamental","pubTime":"2022-09-09 21:32","market":"us","language":"en","title":"Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump","url":"https://stock-news.laohu8.com/highlight/detail?id=1102080267","media":"Tiger Newspress","summary":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Cha","content":"<html><head></head><body><p>U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p>The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.</p><p>Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.</p><p>The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.</p><p>Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.</p><p>Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.</p><p>“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”</p><p>“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.</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>Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-09 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p>The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.</p><p>Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.</p><p>The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.</p><p>Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.</p><p>Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.</p><p>“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”</p><p>“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102080267","content_text":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931253431,"gmtCreate":1662471373923,"gmtModify":1676537067423,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931253431","repostId":"1120803157","repostType":4,"repost":{"id":"1120803157","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1662471156,"share":"https://ttm.financial/m/news/1120803157?lang=&edition=fundamental","pubTime":"2022-09-06 21:32","market":"us","language":"en","title":"U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1120803157","media":"Tiger Newspress","summary":"Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.The Dow Jon","content":"<html><head></head><body><p>Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.</p><p>The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.</p><p>CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.</p><p>On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&P shed 1.1% to its lowest close since July.</p><p>In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.</p><p>“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”</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>U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak</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\">\nU.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-06 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.</p><p>The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.</p><p>CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.</p><p>On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&P shed 1.1% to its lowest close since July.</p><p>In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.</p><p>“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120803157","content_text":"Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&P shed 1.1% to its lowest close since July.In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930626088,"gmtCreate":1661953774546,"gmtModify":1676536610904,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930626088","repostId":"1108607478","repostType":4,"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997159439,"gmtCreate":1661767243423,"gmtModify":1676536575120,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997159439","repostId":"2262162956","repostType":4,"repost":{"id":"2262162956","pubTimestamp":1661786631,"share":"https://ttm.financial/m/news/2262162956?lang=&edition=fundamental","pubTime":"2022-08-29 23:23","market":"us","language":"en","title":"Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2262162956","media":"Motley Fool","summary":"These fast-paced companies with unmatched innovative capacity are screaming buys following a peak decline of 34% in the Nasdaq Composite.","content":"<html><head></head><body><p>This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time highs between mid-November and the first week of January, the iconic <b>Dow Jones Industrial Average</b>, benchmark <b>S&P 500</b>, and growth-focused <b>Nasdaq Composite</b>, plunged by as much as 19%, 24%, and 34%. The greater than 20% declines in the S&P 500 and Nasdaq firmly placed both indexes in a bear market.</p><p>To not beat around the bush, bear markets can be scary. The velocity and unpredictability of downside moves can truly test the resolve of investors. But if history has a say, bear markets are also the perfect time to put your money to work. That's because every major stock market decline throughout history has, eventually, been erased by a bull market.</p><p>With the Nasdaq Composite getting hit harder than the other indexes, it looks like the ideal time to invest in growth stocks with unmatched innovative capacity and sustainable competitive advantages. What follows are five unsurpassable growth stocks you'll regret not buying on the Nasdaq bear market dip.</p><h2><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p>The first phenomenal growth stock you'll be kicking yourself over if you don't buy it during the Nasdaq bear market dip is social media giant <b>Meta Platforms</b>. Meta is the company formerly known as Facebook.</p><p>Although advertising spending has been hit hard in 2022 as historically high inflation and back-to-back quarters of U.S. gross domestic product declines suppress discretionary spending, Meta remains well-positioned to capitalize on disproportionately long periods of economic expansion. Facebook, WhatsApp, Instagram, and Facebook Messenger, are consistently among the most-downloaded apps worldwide. With 3.65 billion people visiting its sites on a monthly basis (that's over half the global adult population), Meta is in prime position to command strong ad-pricing power.</p><p>The other reason to like Meta is the company's aggressive investments in the "metaverse" -- i.e., the next iteration of the internet which'll allow connected users the ability to interact with each other and their environments in a 3D virtual world. Though it'll take a few more years before the metaverse is ready to be meaningfully monetized, Meta fixes to be a key on-ramp to this multitrillion-dollar opportunity.</p><p>Shares of Meta Platforms are cheaper than they've ever been on a forward-earning basis as a publicly traded company. That makes this social-media maven a screaming buy at the moment.</p><h2><a href=\"https://laohu8.com/S/PUBM\">PubMatic</a></h2><p>A second stellar growth stock begging to be bought as the Nasdaq Composite plunges is cloud-based programmatic adtech company <b>PubMatic</b>. Although PubMatic is contending with same advertising spending weakness as Meta, it's on track to grow by a considerably faster rate.</p><p>PubMatic is what's known as a sell-side provider (SSPs) in the adtech space. This is a fancy way of saying that it specializes in selling digital display space for publishers. Because there aren't many SSPs for publishers to choose from, and ad dollars have been steadily shifting to digital formats, such as video, mobile, and over-the-top streaming, PubMatic has consistently delivered organic growth of at least twice the industry average.</p><p>Perhaps the best aspect of PubMatic is its internally designed cloud infrastructure platform. Rather than relying on a third party for its platform. PubMatic built its infrastructure. While costly in the beginning, handling its own infrastructure should result in substantially higher operating margins than its peers as revenue scales.</p><p>If you need one more solid reason to trust in PubMatic, consider this: The company ended June with $183 million in cash, cash equivalents, and marketable securities, and <i>no debt</i>!</p><h2><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a></h2><p>The third unsurpassable growth stock worth buying on the Nasdaq bear market dip is artificial intelligence (AI)-driven data-mining company <b>Palantir Technologies</b>. Palantir's valuation used to be its biggest obstacle. But following a greater than 80% retracement in its share price, it's now ripe for the picking.</p><p>What makes Palantir such an intriguing investment for long-term growth investors is that there's no other company offering what it does at scale. The company's AI-based Gotham platform helps government agencies with missions and data gathering. Meanwhile, the Foundry platform is focused on helping businesses streamline their operations by making sense of large amounts of data.</p><p>For the past couple of years, Gotham has been Palantir's primary growth driver. Being awarded large government contracts that can span four or more years has helped the company grow its sales by 30% or more on a consistent basis. But looking ahead, Foundry is Palantir's golden ticket. Whereas not all governments can utilize Palantir's proprietary software, Foundry's ceiling is <i>much</i> higher. As of June 30, 2022, Palantir had 119 commercial customers, which was up 250% from the prior-year period.</p><p>Though recurring profitability could be a few years away, Palantir's superb topline growth and niche industry positioning can send shares significantly higher.</p><h2><a href=\"https://laohu8.com/S/LOVE\">Lovesac</a></h2><p>A fourth exceptional growth stock you'll be mad at yourself for not buying on the Nasdaq bear market decline is furniture company <b>Lovesac</b>. <i>Yes</i>, I really said "growth" and "furniture company" in the same sentence.</p><p>Whereas most brick-and-mortar furniture companies are slow-growing, stodgy businesses, Lovesac is turning the industry on its head in two key ways.</p><p>First off, its furniture is unique. The company's "sactionals" -- a sactional is a modular couch that can be rearranged dozens of ways to fit most living spaces -- account for nearly 88% of net sales and incorporate function, choice, and ecofriendly materials. Sactionals can be upgraded to include surround-sound systems and wireless charging stations, and they have over 200 cover choices. Further, the yarn used in these covers is made entirely from recycled plastic water bottles.</p><p>Secondly, Lovesac's omnichannel sales platform has led it to success. Despite having 162 retail locations in 40 states, the company's substantially higher margins are a reflection of its direct-to-consumer emphasis, as well as pop-up showrooms and brand-name partnerships. With less inventory needed in physical retail stores, Lovesac's overhead expenses are considerably lower than its peers.</p><h2>Alphabet</h2><p>The fifth and final unsurpassable growth stock you'll regret not buying during the Nasdaq bear market dip is FAANG stock <b>Alphabet</b>. Alphabet is the parent of internet search engine Google, streaming platform YouTube, and autonomous car company Waymo.</p><p>The no-brainer reason to pile into Alphabet is the company's absolutely dominant internet search engine, Google. According to data from GlobalStats, Google has accounted for no less than 91% of worldwide internet search share for the trailing 24 months. With an 88-percentage-point lead over its next-closest competitor, it should come as no surprise that Alphabet is able to command exceptional ad-pricing power.</p><p>But what Wall Street and investors are most-excited about is what Alphabet is doing with its available cash and operating cash flow. For instance, investments in YouTube have paid off handsomely. Easily one of the best acquisitions in history (Google acquired YouTube for $1.65 billion in 2006), YouTube has become the second most-visited social site in the world. As you can imagine, this has helped tremendously with ad and subscription revenue.</p><p>There's also Google Cloud, which has vaulted to the No. 3 spot in cloud-service market share. Cloud infrastructure spending is still in its early innings, which means Google Cloud could become a key driver of operating cash flow for parent company Alphabet by as soon as mid-decade.</p><p>Like Meta Platforms, Alphabet has simply never been cheaper as a publicly traded company.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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\">\nNasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-29 23:23 GMT+8 <a href=https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/\">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","META":"Meta Platforms, Inc.","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262162956","content_text":"This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time highs between mid-November and the first week of January, the iconic Dow Jones Industrial Average, benchmark S&P 500, and growth-focused Nasdaq Composite, plunged by as much as 19%, 24%, and 34%. The greater than 20% declines in the S&P 500 and Nasdaq firmly placed both indexes in a bear market.To not beat around the bush, bear markets can be scary. The velocity and unpredictability of downside moves can truly test the resolve of investors. But if history has a say, bear markets are also the perfect time to put your money to work. That's because every major stock market decline throughout history has, eventually, been erased by a bull market.With the Nasdaq Composite getting hit harder than the other indexes, it looks like the ideal time to invest in growth stocks with unmatched innovative capacity and sustainable competitive advantages. What follows are five unsurpassable growth stocks you'll regret not buying on the Nasdaq bear market dip.Meta PlatformsThe first phenomenal growth stock you'll be kicking yourself over if you don't buy it during the Nasdaq bear market dip is social media giant Meta Platforms. Meta is the company formerly known as Facebook.Although advertising spending has been hit hard in 2022 as historically high inflation and back-to-back quarters of U.S. gross domestic product declines suppress discretionary spending, Meta remains well-positioned to capitalize on disproportionately long periods of economic expansion. Facebook, WhatsApp, Instagram, and Facebook Messenger, are consistently among the most-downloaded apps worldwide. With 3.65 billion people visiting its sites on a monthly basis (that's over half the global adult population), Meta is in prime position to command strong ad-pricing power.The other reason to like Meta is the company's aggressive investments in the \"metaverse\" -- i.e., the next iteration of the internet which'll allow connected users the ability to interact with each other and their environments in a 3D virtual world. Though it'll take a few more years before the metaverse is ready to be meaningfully monetized, Meta fixes to be a key on-ramp to this multitrillion-dollar opportunity.Shares of Meta Platforms are cheaper than they've ever been on a forward-earning basis as a publicly traded company. That makes this social-media maven a screaming buy at the moment.PubMaticA second stellar growth stock begging to be bought as the Nasdaq Composite plunges is cloud-based programmatic adtech company PubMatic. Although PubMatic is contending with same advertising spending weakness as Meta, it's on track to grow by a considerably faster rate.PubMatic is what's known as a sell-side provider (SSPs) in the adtech space. This is a fancy way of saying that it specializes in selling digital display space for publishers. Because there aren't many SSPs for publishers to choose from, and ad dollars have been steadily shifting to digital formats, such as video, mobile, and over-the-top streaming, PubMatic has consistently delivered organic growth of at least twice the industry average.Perhaps the best aspect of PubMatic is its internally designed cloud infrastructure platform. Rather than relying on a third party for its platform. PubMatic built its infrastructure. While costly in the beginning, handling its own infrastructure should result in substantially higher operating margins than its peers as revenue scales.If you need one more solid reason to trust in PubMatic, consider this: The company ended June with $183 million in cash, cash equivalents, and marketable securities, and no debt!Palantir TechnologiesThe third unsurpassable growth stock worth buying on the Nasdaq bear market dip is artificial intelligence (AI)-driven data-mining company Palantir Technologies. Palantir's valuation used to be its biggest obstacle. But following a greater than 80% retracement in its share price, it's now ripe for the picking.What makes Palantir such an intriguing investment for long-term growth investors is that there's no other company offering what it does at scale. The company's AI-based Gotham platform helps government agencies with missions and data gathering. Meanwhile, the Foundry platform is focused on helping businesses streamline their operations by making sense of large amounts of data.For the past couple of years, Gotham has been Palantir's primary growth driver. Being awarded large government contracts that can span four or more years has helped the company grow its sales by 30% or more on a consistent basis. But looking ahead, Foundry is Palantir's golden ticket. Whereas not all governments can utilize Palantir's proprietary software, Foundry's ceiling is much higher. As of June 30, 2022, Palantir had 119 commercial customers, which was up 250% from the prior-year period.Though recurring profitability could be a few years away, Palantir's superb topline growth and niche industry positioning can send shares significantly higher.LovesacA fourth exceptional growth stock you'll be mad at yourself for not buying on the Nasdaq bear market decline is furniture company Lovesac. Yes, I really said \"growth\" and \"furniture company\" in the same sentence.Whereas most brick-and-mortar furniture companies are slow-growing, stodgy businesses, Lovesac is turning the industry on its head in two key ways.First off, its furniture is unique. The company's \"sactionals\" -- a sactional is a modular couch that can be rearranged dozens of ways to fit most living spaces -- account for nearly 88% of net sales and incorporate function, choice, and ecofriendly materials. Sactionals can be upgraded to include surround-sound systems and wireless charging stations, and they have over 200 cover choices. Further, the yarn used in these covers is made entirely from recycled plastic water bottles.Secondly, Lovesac's omnichannel sales platform has led it to success. Despite having 162 retail locations in 40 states, the company's substantially higher margins are a reflection of its direct-to-consumer emphasis, as well as pop-up showrooms and brand-name partnerships. With less inventory needed in physical retail stores, Lovesac's overhead expenses are considerably lower than its peers.AlphabetThe fifth and final unsurpassable growth stock you'll regret not buying during the Nasdaq bear market dip is FAANG stock Alphabet. Alphabet is the parent of internet search engine Google, streaming platform YouTube, and autonomous car company Waymo.The no-brainer reason to pile into Alphabet is the company's absolutely dominant internet search engine, Google. According to data from GlobalStats, Google has accounted for no less than 91% of worldwide internet search share for the trailing 24 months. With an 88-percentage-point lead over its next-closest competitor, it should come as no surprise that Alphabet is able to command exceptional ad-pricing power.But what Wall Street and investors are most-excited about is what Alphabet is doing with its available cash and operating cash flow. For instance, investments in YouTube have paid off handsomely. Easily one of the best acquisitions in history (Google acquired YouTube for $1.65 billion in 2006), YouTube has become the second most-visited social site in the world. As you can imagine, this has helped tremendously with ad and subscription revenue.There's also Google Cloud, which has vaulted to the No. 3 spot in cloud-service market share. Cloud infrastructure spending is still in its early innings, which means Google Cloud could become a key driver of operating cash flow for parent company Alphabet by as soon as mid-decade.Like Meta Platforms, Alphabet has simply never been cheaper as a publicly traded company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4098249413362640","authorId":"4098249413362640","name":"Assassin85","avatar":"https://static.tigerbbs.com/723f517b7f9842f8a7c3443bdc66100f","crmLevel":2,"crmLevelSwitch":0,"idStr":"4098249413362640","authorIdStr":"4098249413362640"},"content":"Please like back","text":"Please like back","html":"Please like back"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998970379,"gmtCreate":1660923839394,"gmtModify":1676536424557,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998970379","repostId":"1117983793","repostType":4,"repost":{"id":"1117983793","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1660918975,"share":"https://ttm.financial/m/news/1117983793?lang=&edition=fundamental","pubTime":"2022-08-19 22:22","market":"us","language":"en","title":"$100M College Whiz Who Scored As BBBY Squeezed Says He \"Wasn't That Aware It Was A Meme\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1117983793","media":"Benzinga","summary":"ZINGER KEY POINTS“I wasn’t that aware it was a meme stock,” Jake Freeman told Benzinga.Investor focu","content":"<html><head></head><body><h2>ZINGER KEY POINTS</h2><ul><li>“I wasn’t that aware it was a meme stock,” Jake Freeman told Benzinga.</li><li>Investor focus now, however, is on MindMed, which was co-Founded by Jake's uncle.</li></ul><p><img src=\"https://static.tigerbbs.com/2254510fd8e5225fad6178e4e1680a38\" tg-width=\"5616\" tg-height=\"3744\" referrerpolicy=\"no-referrer\"/><b>Jake Freeman</b>, the 20-year-old college student who reportedly banked $100 million trading Bed Bath and Beyond stock, purchased 4.69 million shares of the retailer <b>Bed Bath & Beyond Inc</b></p><p>BBBY in July at roughly $5.20 per share along with his uncle, Dr. <b>Scott Freeman.</b></p><p>That netted their Freeman Capital Management family fund a 6.21% passive stake in the meme stock.</p><p>“I wasn’t that aware it was a meme stock,” the University of Southern California student told Benzinga on Thursday.</p><p>“I approached it more from a mathematical side — looking at the balance sheet and the intersection of the debt side, the equity. I did not expect in any way the stock going up so fast.”</p><p><b>The Bed Bath & Beyond Investor's Plan:</b> In a July 21letter to Bed Bath & Beyond, the younger Freeman outlined Freeman Capital’s plan for the realignment of the retailer, which consisted of two crucial legs: cutting debt and raising capital.</p><p>Fast forward just four weeks later, coupled with a carefully orchestrated short squeeze by Reddit's WallStreetBets community known as the "Apes," shares of Bed Bath rocketed to $28.60 at the highs on Tuesday — the same day Freeman Capital exited its entire stake in the company.</p><p>Curiously, on the same day, <b>GameStop Corp.</b> Chairman <b>Ryan Cohen</b>, who sparked the Bed Bath & Beyond fanfare with the Apes, filed with the SEC saying he intended to sell as many as 9.45 million shares of the company beginning that day.</p><p>The Freeman Family Fund's sale was well-timed. It closed at more than $130 million after spending $25 million in the initial investment, netting around $105-$110 million, or between 420%-460%.</p><p><b>MindMed Shares Skyrocket:</b> Jake, who previously interned at Volaris Capital Management invests with his uncle Scott, who is the co-founder and former chief medical officer of <b>Mind Medicine (MindMed) Inc</b>. MindMed shares rocketed 77.4% from the previous day's highs on Thursday after the Bed Bath & Beyond sale was disclosed.</p><p><i>Read more: EXCLUSIVE: Food Wholesaler Talks Crazy Chicken And Beef Prices — 'Fresh Meat Arbitrage'</i></p><p>The investor focus is now on MindMed, which was originally a privately owned company, Savant, co-founded Scott.</p><p>The Freemans have built a 5.6% stake in the company and sent astrategic value enhancement planto MindMed, outlining the fund's interest in working "hand-in-hand" to cut the development time of MindMed's two original drugs and slash its annual cash-burn rate.</p><p>Analyzing the letter, which the younger Freeman confirmed to Benzinga, FCM is focusing on MindMed's core drugs, cutting cash burn and terminating MindMed's at-the-money equity offering.</p><p>“I’ve been in drug development since I was in high school,” Scott said in an Aug. 16 interview on the YouTube channel Psychedelic Invest.</p><p>“About 13 years ago I partnered with <b>Stephen Hurst</b> and we founded a company called Savant.It was a private company working on drugs to treat addiction.”</p><p>After MindMed bought Savant, where he was previously CMO, Scott became the company's first CMO. Heleft the organizationaround a year after he arrived, making him the first senior member of the team to do so.</p><p>Benzinga asked the younger Freeman why Scott left the company; he said he could not divulge the reason for Freeman’s departure due to a non-disclosure agreement.</p><p>“As a co-founder,” Scott said in the aforementioned interview. “I’ve been sitting on the sidelines watching, and one of the reasons why I want to go back is that I think there are things that I think need to be done differently.”</p><p>In the letter to MindMed, the pair call for an overhaul of the company, including cutting 11 of its 22 employees; the elimination of more than $21.8 million in non-core expenditures; and half of its cash burn rate over time.</p><p>It also calls for the immediate development of a proposal to approach the FDA to upgrade its MM-120 drug from a Phase 2 trial to a Phase 3 trial, which the Freemans said could bring the drug to market in four years rather than the expected seven to eight years.</p><p>The enhancement plan calls for a 50% reduction in executive compensation as well.</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>$100M College Whiz Who Scored As BBBY Squeezed Says He \"Wasn't That Aware It Was A Meme\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n$100M College Whiz Who Scored As BBBY Squeezed Says He \"Wasn't That Aware It Was A Meme\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-08-19 22:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2>ZINGER KEY POINTS</h2><ul><li>“I wasn’t that aware it was a meme stock,” Jake Freeman told Benzinga.</li><li>Investor focus now, however, is on MindMed, which was co-Founded by Jake's uncle.</li></ul><p><img src=\"https://static.tigerbbs.com/2254510fd8e5225fad6178e4e1680a38\" tg-width=\"5616\" tg-height=\"3744\" referrerpolicy=\"no-referrer\"/><b>Jake Freeman</b>, the 20-year-old college student who reportedly banked $100 million trading Bed Bath and Beyond stock, purchased 4.69 million shares of the retailer <b>Bed Bath & Beyond Inc</b></p><p>BBBY in July at roughly $5.20 per share along with his uncle, Dr. <b>Scott Freeman.</b></p><p>That netted their Freeman Capital Management family fund a 6.21% passive stake in the meme stock.</p><p>“I wasn’t that aware it was a meme stock,” the University of Southern California student told Benzinga on Thursday.</p><p>“I approached it more from a mathematical side — looking at the balance sheet and the intersection of the debt side, the equity. I did not expect in any way the stock going up so fast.”</p><p><b>The Bed Bath & Beyond Investor's Plan:</b> In a July 21letter to Bed Bath & Beyond, the younger Freeman outlined Freeman Capital’s plan for the realignment of the retailer, which consisted of two crucial legs: cutting debt and raising capital.</p><p>Fast forward just four weeks later, coupled with a carefully orchestrated short squeeze by Reddit's WallStreetBets community known as the "Apes," shares of Bed Bath rocketed to $28.60 at the highs on Tuesday — the same day Freeman Capital exited its entire stake in the company.</p><p>Curiously, on the same day, <b>GameStop Corp.</b> Chairman <b>Ryan Cohen</b>, who sparked the Bed Bath & Beyond fanfare with the Apes, filed with the SEC saying he intended to sell as many as 9.45 million shares of the company beginning that day.</p><p>The Freeman Family Fund's sale was well-timed. It closed at more than $130 million after spending $25 million in the initial investment, netting around $105-$110 million, or between 420%-460%.</p><p><b>MindMed Shares Skyrocket:</b> Jake, who previously interned at Volaris Capital Management invests with his uncle Scott, who is the co-founder and former chief medical officer of <b>Mind Medicine (MindMed) Inc</b>. MindMed shares rocketed 77.4% from the previous day's highs on Thursday after the Bed Bath & Beyond sale was disclosed.</p><p><i>Read more: EXCLUSIVE: Food Wholesaler Talks Crazy Chicken And Beef Prices — 'Fresh Meat Arbitrage'</i></p><p>The investor focus is now on MindMed, which was originally a privately owned company, Savant, co-founded Scott.</p><p>The Freemans have built a 5.6% stake in the company and sent astrategic value enhancement planto MindMed, outlining the fund's interest in working "hand-in-hand" to cut the development time of MindMed's two original drugs and slash its annual cash-burn rate.</p><p>Analyzing the letter, which the younger Freeman confirmed to Benzinga, FCM is focusing on MindMed's core drugs, cutting cash burn and terminating MindMed's at-the-money equity offering.</p><p>“I’ve been in drug development since I was in high school,” Scott said in an Aug. 16 interview on the YouTube channel Psychedelic Invest.</p><p>“About 13 years ago I partnered with <b>Stephen Hurst</b> and we founded a company called Savant.It was a private company working on drugs to treat addiction.”</p><p>After MindMed bought Savant, where he was previously CMO, Scott became the company's first CMO. Heleft the organizationaround a year after he arrived, making him the first senior member of the team to do so.</p><p>Benzinga asked the younger Freeman why Scott left the company; he said he could not divulge the reason for Freeman’s departure due to a non-disclosure agreement.</p><p>“As a co-founder,” Scott said in the aforementioned interview. “I’ve been sitting on the sidelines watching, and one of the reasons why I want to go back is that I think there are things that I think need to be done differently.”</p><p>In the letter to MindMed, the pair call for an overhaul of the company, including cutting 11 of its 22 employees; the elimination of more than $21.8 million in non-core expenditures; and half of its cash burn rate over time.</p><p>It also calls for the immediate development of a proposal to approach the FDA to upgrade its MM-120 drug from a Phase 2 trial to a Phase 3 trial, which the Freemans said could bring the drug to market in four years rather than the expected seven to eight years.</p><p>The enhancement plan calls for a 50% reduction in executive compensation as well.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MNMD":"Mind Medicine (MindMed) Inc.","BBBY":"3B家居"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117983793","content_text":"ZINGER KEY POINTS“I wasn’t that aware it was a meme stock,” Jake Freeman told Benzinga.Investor focus now, however, is on MindMed, which was co-Founded by Jake's uncle.Jake Freeman, the 20-year-old college student who reportedly banked $100 million trading Bed Bath and Beyond stock, purchased 4.69 million shares of the retailer Bed Bath & Beyond IncBBBY in July at roughly $5.20 per share along with his uncle, Dr. Scott Freeman.That netted their Freeman Capital Management family fund a 6.21% passive stake in the meme stock.“I wasn’t that aware it was a meme stock,” the University of Southern California student told Benzinga on Thursday.“I approached it more from a mathematical side — looking at the balance sheet and the intersection of the debt side, the equity. I did not expect in any way the stock going up so fast.”The Bed Bath & Beyond Investor's Plan: In a July 21letter to Bed Bath & Beyond, the younger Freeman outlined Freeman Capital’s plan for the realignment of the retailer, which consisted of two crucial legs: cutting debt and raising capital.Fast forward just four weeks later, coupled with a carefully orchestrated short squeeze by Reddit's WallStreetBets community known as the \"Apes,\" shares of Bed Bath rocketed to $28.60 at the highs on Tuesday — the same day Freeman Capital exited its entire stake in the company.Curiously, on the same day, GameStop Corp. Chairman Ryan Cohen, who sparked the Bed Bath & Beyond fanfare with the Apes, filed with the SEC saying he intended to sell as many as 9.45 million shares of the company beginning that day.The Freeman Family Fund's sale was well-timed. It closed at more than $130 million after spending $25 million in the initial investment, netting around $105-$110 million, or between 420%-460%.MindMed Shares Skyrocket: Jake, who previously interned at Volaris Capital Management invests with his uncle Scott, who is the co-founder and former chief medical officer of Mind Medicine (MindMed) Inc. MindMed shares rocketed 77.4% from the previous day's highs on Thursday after the Bed Bath & Beyond sale was disclosed.Read more: EXCLUSIVE: Food Wholesaler Talks Crazy Chicken And Beef Prices — 'Fresh Meat Arbitrage'The investor focus is now on MindMed, which was originally a privately owned company, Savant, co-founded Scott.The Freemans have built a 5.6% stake in the company and sent astrategic value enhancement planto MindMed, outlining the fund's interest in working \"hand-in-hand\" to cut the development time of MindMed's two original drugs and slash its annual cash-burn rate.Analyzing the letter, which the younger Freeman confirmed to Benzinga, FCM is focusing on MindMed's core drugs, cutting cash burn and terminating MindMed's at-the-money equity offering.“I’ve been in drug development since I was in high school,” Scott said in an Aug. 16 interview on the YouTube channel Psychedelic Invest.“About 13 years ago I partnered with Stephen Hurst and we founded a company called Savant.It was a private company working on drugs to treat addiction.”After MindMed bought Savant, where he was previously CMO, Scott became the company's first CMO. Heleft the organizationaround a year after he arrived, making him the first senior member of the team to do so.Benzinga asked the younger Freeman why Scott left the company; he said he could not divulge the reason for Freeman’s departure due to a non-disclosure agreement.“As a co-founder,” Scott said in the aforementioned interview. “I’ve been sitting on the sidelines watching, and one of the reasons why I want to go back is that I think there are things that I think need to be done differently.”In the letter to MindMed, the pair call for an overhaul of the company, including cutting 11 of its 22 employees; the elimination of more than $21.8 million in non-core expenditures; and half of its cash burn rate over time.It also calls for the immediate development of a proposal to approach the FDA to upgrade its MM-120 drug from a Phase 2 trial to a Phase 3 trial, which the Freemans said could bring the drug to market in four years rather than the expected seven to eight years.The enhancement plan calls for a 50% reduction in executive compensation as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991689469,"gmtCreate":1660826717453,"gmtModify":1676536406000,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991689469","repostId":"1127322828","repostType":4,"repost":{"id":"1127322828","pubTimestamp":1660814587,"share":"https://ttm.financial/m/news/1127322828?lang=&edition=fundamental","pubTime":"2022-08-18 17:23","market":"us","language":"en","title":"After 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1127322828","media":"Bloomberg","summary":"For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as ","content":"<html><head></head><body><p>For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as the techno-visionary oracle of Edinburgh. Now, James Anderson, bull-market hero, has left behind a precarious legacy.</p><p>It’s been three months since Anderson, 63, retired from Baillie Gifford, the century-old Scottish money manager he transformed into anunlikely power-investorin global technology.Awkward timing, to say the least.</p><p>Before Cathie Wood and Ark Invest, before crypto and “stonks,” Anderson began transforming Baillie Gifford’s prosaically namedScottish Mortgage Investment Trust— founded in 1909 to finance rubber plantationsand later Baillie Gifford’s flagship product — into one of the world’s top performing funds of its kind for a decade.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de33a4ac0cb06d99485b7ab765a660eb\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Baillie Gifford offices in EdinburghPhotographer: Robert Ormerod/Bloomberg</span></p><p>But the tech stock meltdown has left the firm bleeding assets this year, losing a staggering 100 billion pounds ($122 billion) by the end of June. What was already a tall task for the next generation of the firm’s stock-pickers — convincing investors they can follow in Anderson's footsteps — has added a new hurdle: making the case that they should.</p><p>Therecent market rallywill have helped, but changing course doesn’t appear to be an option. More than a dozen former and current employees and clients, most of whom spoke on the condition of anonymity in recent weeks, depict a firm that fell under the spell of Anderson’s success. A company partner who held no formal management position for years ended up driving Baillie Gifford’s entire approach to markets.</p><p>What Anderson has left behind appears emblematic not only of this year’s market downturnbut also of the excesses that inflated a pandemic bubble in just about everything. Portfolio managers have been deployed to try to calm angsty clients.</p><p>The uneasy mood was evident in mid-June as Scottish Mortgage investors gathered in London to hear what Baillie Gifford had to say about the drastic reversal of fortune.</p><p>The crowd sat solemnly beneath dim chandeliers in a rented ballroom as Anderson’s successors, Tom Slater andLaurence Burns, called for patience, confident picks would pay off in the long run — that is, in 10 or even 20 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e6c4ef2ec5ef9d84e364028616b8d6b\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Baillie Gifford famously piled into Amazon, Tesla and others that would soon catch fire in the bull market.Photographer: Rachel Jessen/Bloomberg</span></p><p>Some attendees wondered out loud if Slater and Burns could deliver by following their old boss’s playbook. One asked if it would take 20 more years to figure out if Anderson really was a genius stock-picker or merely someone who lucked out in a bull market.</p><p>“We are not sitting, looking into a crystal ball trying to predict what’s going to happen,” Slater said. “Wealth doesn’t come from predicting stuff but from a small number of exceptional companies.”</p><p>It’s been quite a comedown. From its Edinburgh headquarters 3,200 miles from Wall Street, Baillie Gifford emerged in the 2000s and 2010s as one of theworld’s top stock-pickers,marketing the Anderson mystique and attracting ordinary investors and major pension funds across the US and Britain.</p><p>Anderson set aside conventional investment metrics and staked his clients’ money on a relatively small number of risky, high-growth stocks. With a go-big-or-go-home ethos, he pressed portfolio managers to focus on sweeping, global themes, rather than investing geographically.</p><p>And so, Baillie Gifford famously piled into Amazon, Tesla and others that would soon catch fire in the bull market. For years, the only investor who owned more of Tesla was Elon Musk. (Douglas Brodie,a partner and portfolio manager for another Baillie Gifford team, initially drove the Tesla investment in the early 2010s, but Anderson got most of the credit — and themedia attention).</p><p>The results were extraordinary. From 2005 to its peak last year, Scottish Mortgage returned 2,240%.</p><p><img src=\"https://static.tigerbbs.com/aed3cc980a5921dbc234e3de5954ce0c\" tg-width=\"647\" tg-height=\"387\" referrerpolicy=\"no-referrer\"/></p><p>But what goes up usually comes down — in this case, down hard. With high-orbit tech stocks hurtling back to earth, Scottish Mortgage has plummeted 32% this year as of Aug. 16, its assets dropping to 14 billion pounds. All Baillie Gifford funds tracked by Bloomberg have fallen from 1% to 40% this year. Overall assets under management stood at 231 billion poundsat the end of June, versus 336 billion pounds at the start of the year.</p><p>From Menlo Park to Shenzhen, Big Tech to startups, a pullback has followed a decade of giddy exuberance. SoftBank Group Corp.reporteda record 3.16 trillion yen ($23.4 billion) net loss on Aug. 8 after its Vision Fund, the world’s largest technology fund, got hammered.</p><p>Given the shifting landscape, the question is when, or maybe whether, Baillie Gifford can regain its footing and help reinforce the business of stock picking that’s been undermined in recent years by the popularity of cheaper, index-tracking funds.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51408b71487dde86a80f9fe0bb6e26b2\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/><span>James Anderson at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho in 2019.Photographer: Patrick T. Fallon/Bloomberg</span></p><p>Indeed, other big name investors came unstuck after stellar returns. Bill Miller, the manager whose unprecedented record of beating the Standards & Poor’s 500 Index made him aninvesting legend, couldn’t relive his past glories after a sharp turn in his fortunes.</p><p>More dramatic was Neil Woodford’sfall from grace in the UK. The star money manager mesmerized investors for years with his performance. But following a poor run, clients startedpulling their cash, leading to the suspension of his flagship fund in 2019.</p><p>Baillie Gifford is far more than one fund and has other strategies that don’t pursue the kind of returns that made Anderson a magnet for retail clients, who would flock to hear him speak at investor forums. But, over the time, the firm tilted toward his investing philosophy.</p><p>Anderson, now chairman of Swedish investment companyKinnevik AB, waves off his influence. In an email, he dismissed the idea that his bull-market success and celebrity status came to define Baillie Gifford.</p><p>“The influence was mostly because the high growth worked so well for a prolonged period and therefore — as is the way in finance — it attracted more attention and even imitation,” Anderson said of his sway over Baillie Gifford. “Maybe this always bothered me more than people realized.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba1d786496f986024d6afd7682880d8c\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>In addition to Amazon and Tesla, big-name scores included Covid-19 vaccine maker Moderna Inc.Photographer: Guillaume Souvant/AFP/Getty Images</span></p><p>But during a tenure spanning four decades, he shook off the firm’s staid reputation and fundamentally changed its DNA. At a time when low-cost index funds were upending the investment business, he pushed the partnership in the opposite direction: He challenged portfolio managers to set aside indexes and instead find companies that would solve big problems. In addition to Amazon and Tesla, big-name scores included Covid-19 vaccine maker Moderna Inc.</p><p>When markets were going their way, Anderson and his acolytes could steamroll most doubters. Unabashedly contrarian and sometimes quick-tempered, he sniffed at what he viewed as groupthink by bean-counting CFAs. Let others worry about quarterly results and P/E ratios. Anderson wanted to spot the super trends that would shape the future.</p><p>People who questioned him or issued a negative report on one of his stock picks often found themselves on the losing side a heated argument, current and former employees say. Others learned to keep their mouths shut. To avoid office distractions, Anderson eventually stopped sharing his own research in Baillie Gifford’s library.</p><p>Before long, Anderson and his crew stopped attending weekly investment meetings, dismissing the gatherings as a venue of low-brow short-termism. Baillie Gifford later made the confabs optional before binning them altogether.</p><p>A scruffy, sometimes rumpled character with a professorial air — one former colleague recalls Anderson wearing an ink-stained shirt one day, another remembers his poorly knotted ties — Anderson came to be seen as the mad genius of Baillie Gifford. (In a telephone interview, Anderson conceded that he could be hot-tempered due to the stresses of the job.) His star rising, heenthralled everyday investors, scouted Silicon Valley and hung out with Jeff Bezos in Sun Valley.</p><p>Insiders say that with Anderson gone there’s more room for flexibility, but Baillie Gifford is in so deep it might be hard to go back. Wholly owned by its roughly 50 partners, the firm has staked its future on the belief that it can spot the next big thing. Then, the thinking goes, it can do what Anderson did: Get in early — and hold on for the ride.</p><p><img src=\"https://static.tigerbbs.com/646aaeefad45f983569a04220448ece9\" tg-width=\"640\" tg-height=\"381\" referrerpolicy=\"no-referrer\"/></p><p>Before July’s bounce, the ride has mostly gone in one direction: down. Baillie Gifford is a top-three holder of Moderna (down 22% year to Aug. 16); Shopify Inc. (down 68%); and Spotify Technology SA (down 41%). It’s also a major holder of Illumia Inc. (down 33%) and Peloton Interactive Inc. (down 58%), among others.</p><p>Stock picks are only one problem. During the bull years, Anderson and his team also became go-to financiers for a range of tech startups. Flush with investor dollars, they seeded young businesses in hopes of reaping outsize returns once the companies went public.</p><p>Unlisted companies accounted forroughly a thirdof Scottish Mortgage’s holdings at the end of June, according to company documents. The fund got in on the bull-market rush over the fledgling air-taxi business, picking up stakes inLilium NVand Joby Aviation Inc. It also bought into crypto financial-services company Blockchain.com and Northvolt AB, a Swedish battery developer.</p><p>When or if many of those bets might pay off is anyone’s guess. One pick, biotech company Ginkgo Bioworks, went public last year, during the waning days of the craze over special purpose acquisition companies, or SPACs. Since then, the stock has fallen 53%.</p><p>And while Anderson was the first to invest in private companies at Baillie Gifford, even more conservative investment trusts run by the firm have exposure to the asset class, albeit at much lower levels.</p><p>Even Baillie Gifford insiders concede Anderson’s departure in April,telegraphedfor more than a year, came at a particularly fraught moment. The firm created a success story around Anderson and his investment philosophy and used that rosy narrative to market itself.</p><p>James Budden, global head of marketing, acknowledged — with some limits — Anderson’s long-standing role in shaping Baillie Gifford. “He was a strong influence, but this took 20 years to play out,” said Budden, the only person Baillie Gifford made available to speak on the record. “Scottish Mortgage didn’t immediately become what it is today. Yes, he did define a lot of the investment thinking.”</p><p>For better and worse, Anderson appears to have left a lasting mark. University graduates who join the firm’s training program no longer get schooled in financial statements as meticulously as they used to, people familiar with the matter said. People who’ve left recently say risk management could be improved.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2d6cd86d2fdae1087c8ed314fc12083\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>For years, the only investor who owned more of Tesla was Elon Musk.Photographer: Toru Hanai/Bloomberg</span></p><p>Budden, the marketing chief, says trainees must still learn accounting but adds that success at Baillie Gifford takes vision, too. “We do have risk controls, though people think we don’t,” he said. “For us the biggest risk is finding the wrong companies and missing the big opportunities, but we also do proper risk analysis.”</p><p>For now, Baillie Gifford seems hostage to the markets. Aninvestment teamcalled Global Alpha, createdby former senior partner Charles Plowden in 2005 as a counterweight to Anderson’s go-big philosophy, has weathered the storm better than Scottish Mortgage by investing in more, less volatile stocks.</p><p>Global Alpha today manages 39 billion pounds, more than any other group in the firm. Yet, all the same, it still holds a crop of Anderson’s tech darlingslike Moderna and Tesla. The firm says any similarities between portfolios are unintentional and that each team does its own research.</p><p>All the same, the 170-person client services team has been reemphasizingthe investment philosophy Anderson helped to build. Their line: This, too, shall pass — and Baillie Gifford will go on to greater heights as its bets pay off over coming decades. In webinars, letters and phone calls, the team has urged investors not to panic.</p><p>The partnership keeps looking ahead. It plans to hire more people and move to a new glass-paneled, seven-story headquarters being built in a new development in Edinburgh’s West End. At a recent company-wide meeting, two senior partners said Baillie Gifford would stick to its guns. It was, they said, business as usual.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money</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\">\nAfter 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 17:23 GMT+8 <a href=https://www.bloomberg.com/news/features/2022-08-18/tesla-amazon-visionary-leaves-uk-fund-firm-baillie-gifford-down-100-billion><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as the techno-visionary oracle of Edinburgh. Now, James Anderson, bull-market hero, has left behind a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-08-18/tesla-amazon-visionary-leaves-uk-fund-firm-baillie-gifford-down-100-billion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/features/2022-08-18/tesla-amazon-visionary-leaves-uk-fund-firm-baillie-gifford-down-100-billion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127322828","content_text":"For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as the techno-visionary oracle of Edinburgh. Now, James Anderson, bull-market hero, has left behind a precarious legacy.It’s been three months since Anderson, 63, retired from Baillie Gifford, the century-old Scottish money manager he transformed into anunlikely power-investorin global technology.Awkward timing, to say the least.Before Cathie Wood and Ark Invest, before crypto and “stonks,” Anderson began transforming Baillie Gifford’s prosaically namedScottish Mortgage Investment Trust— founded in 1909 to finance rubber plantationsand later Baillie Gifford’s flagship product — into one of the world’s top performing funds of its kind for a decade.Baillie Gifford offices in EdinburghPhotographer: Robert Ormerod/BloombergBut the tech stock meltdown has left the firm bleeding assets this year, losing a staggering 100 billion pounds ($122 billion) by the end of June. What was already a tall task for the next generation of the firm’s stock-pickers — convincing investors they can follow in Anderson's footsteps — has added a new hurdle: making the case that they should.Therecent market rallywill have helped, but changing course doesn’t appear to be an option. More than a dozen former and current employees and clients, most of whom spoke on the condition of anonymity in recent weeks, depict a firm that fell under the spell of Anderson’s success. A company partner who held no formal management position for years ended up driving Baillie Gifford’s entire approach to markets.What Anderson has left behind appears emblematic not only of this year’s market downturnbut also of the excesses that inflated a pandemic bubble in just about everything. Portfolio managers have been deployed to try to calm angsty clients.The uneasy mood was evident in mid-June as Scottish Mortgage investors gathered in London to hear what Baillie Gifford had to say about the drastic reversal of fortune.The crowd sat solemnly beneath dim chandeliers in a rented ballroom as Anderson’s successors, Tom Slater andLaurence Burns, called for patience, confident picks would pay off in the long run — that is, in 10 or even 20 years.Baillie Gifford famously piled into Amazon, Tesla and others that would soon catch fire in the bull market.Photographer: Rachel Jessen/BloombergSome attendees wondered out loud if Slater and Burns could deliver by following their old boss’s playbook. One asked if it would take 20 more years to figure out if Anderson really was a genius stock-picker or merely someone who lucked out in a bull market.“We are not sitting, looking into a crystal ball trying to predict what’s going to happen,” Slater said. “Wealth doesn’t come from predicting stuff but from a small number of exceptional companies.”It’s been quite a comedown. From its Edinburgh headquarters 3,200 miles from Wall Street, Baillie Gifford emerged in the 2000s and 2010s as one of theworld’s top stock-pickers,marketing the Anderson mystique and attracting ordinary investors and major pension funds across the US and Britain.Anderson set aside conventional investment metrics and staked his clients’ money on a relatively small number of risky, high-growth stocks. With a go-big-or-go-home ethos, he pressed portfolio managers to focus on sweeping, global themes, rather than investing geographically.And so, Baillie Gifford famously piled into Amazon, Tesla and others that would soon catch fire in the bull market. For years, the only investor who owned more of Tesla was Elon Musk. (Douglas Brodie,a partner and portfolio manager for another Baillie Gifford team, initially drove the Tesla investment in the early 2010s, but Anderson got most of the credit — and themedia attention).The results were extraordinary. From 2005 to its peak last year, Scottish Mortgage returned 2,240%.But what goes up usually comes down — in this case, down hard. With high-orbit tech stocks hurtling back to earth, Scottish Mortgage has plummeted 32% this year as of Aug. 16, its assets dropping to 14 billion pounds. All Baillie Gifford funds tracked by Bloomberg have fallen from 1% to 40% this year. Overall assets under management stood at 231 billion poundsat the end of June, versus 336 billion pounds at the start of the year.From Menlo Park to Shenzhen, Big Tech to startups, a pullback has followed a decade of giddy exuberance. SoftBank Group Corp.reporteda record 3.16 trillion yen ($23.4 billion) net loss on Aug. 8 after its Vision Fund, the world’s largest technology fund, got hammered.Given the shifting landscape, the question is when, or maybe whether, Baillie Gifford can regain its footing and help reinforce the business of stock picking that’s been undermined in recent years by the popularity of cheaper, index-tracking funds.James Anderson at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho in 2019.Photographer: Patrick T. Fallon/BloombergIndeed, other big name investors came unstuck after stellar returns. Bill Miller, the manager whose unprecedented record of beating the Standards & Poor’s 500 Index made him aninvesting legend, couldn’t relive his past glories after a sharp turn in his fortunes.More dramatic was Neil Woodford’sfall from grace in the UK. The star money manager mesmerized investors for years with his performance. But following a poor run, clients startedpulling their cash, leading to the suspension of his flagship fund in 2019.Baillie Gifford is far more than one fund and has other strategies that don’t pursue the kind of returns that made Anderson a magnet for retail clients, who would flock to hear him speak at investor forums. But, over the time, the firm tilted toward his investing philosophy.Anderson, now chairman of Swedish investment companyKinnevik AB, waves off his influence. In an email, he dismissed the idea that his bull-market success and celebrity status came to define Baillie Gifford.“The influence was mostly because the high growth worked so well for a prolonged period and therefore — as is the way in finance — it attracted more attention and even imitation,” Anderson said of his sway over Baillie Gifford. “Maybe this always bothered me more than people realized.”In addition to Amazon and Tesla, big-name scores included Covid-19 vaccine maker Moderna Inc.Photographer: Guillaume Souvant/AFP/Getty ImagesBut during a tenure spanning four decades, he shook off the firm’s staid reputation and fundamentally changed its DNA. At a time when low-cost index funds were upending the investment business, he pushed the partnership in the opposite direction: He challenged portfolio managers to set aside indexes and instead find companies that would solve big problems. In addition to Amazon and Tesla, big-name scores included Covid-19 vaccine maker Moderna Inc.When markets were going their way, Anderson and his acolytes could steamroll most doubters. Unabashedly contrarian and sometimes quick-tempered, he sniffed at what he viewed as groupthink by bean-counting CFAs. Let others worry about quarterly results and P/E ratios. Anderson wanted to spot the super trends that would shape the future.People who questioned him or issued a negative report on one of his stock picks often found themselves on the losing side a heated argument, current and former employees say. Others learned to keep their mouths shut. To avoid office distractions, Anderson eventually stopped sharing his own research in Baillie Gifford’s library.Before long, Anderson and his crew stopped attending weekly investment meetings, dismissing the gatherings as a venue of low-brow short-termism. Baillie Gifford later made the confabs optional before binning them altogether.A scruffy, sometimes rumpled character with a professorial air — one former colleague recalls Anderson wearing an ink-stained shirt one day, another remembers his poorly knotted ties — Anderson came to be seen as the mad genius of Baillie Gifford. (In a telephone interview, Anderson conceded that he could be hot-tempered due to the stresses of the job.) His star rising, heenthralled everyday investors, scouted Silicon Valley and hung out with Jeff Bezos in Sun Valley.Insiders say that with Anderson gone there’s more room for flexibility, but Baillie Gifford is in so deep it might be hard to go back. Wholly owned by its roughly 50 partners, the firm has staked its future on the belief that it can spot the next big thing. Then, the thinking goes, it can do what Anderson did: Get in early — and hold on for the ride.Before July’s bounce, the ride has mostly gone in one direction: down. Baillie Gifford is a top-three holder of Moderna (down 22% year to Aug. 16); Shopify Inc. (down 68%); and Spotify Technology SA (down 41%). It’s also a major holder of Illumia Inc. (down 33%) and Peloton Interactive Inc. (down 58%), among others.Stock picks are only one problem. During the bull years, Anderson and his team also became go-to financiers for a range of tech startups. Flush with investor dollars, they seeded young businesses in hopes of reaping outsize returns once the companies went public.Unlisted companies accounted forroughly a thirdof Scottish Mortgage’s holdings at the end of June, according to company documents. The fund got in on the bull-market rush over the fledgling air-taxi business, picking up stakes inLilium NVand Joby Aviation Inc. It also bought into crypto financial-services company Blockchain.com and Northvolt AB, a Swedish battery developer.When or if many of those bets might pay off is anyone’s guess. One pick, biotech company Ginkgo Bioworks, went public last year, during the waning days of the craze over special purpose acquisition companies, or SPACs. Since then, the stock has fallen 53%.And while Anderson was the first to invest in private companies at Baillie Gifford, even more conservative investment trusts run by the firm have exposure to the asset class, albeit at much lower levels.Even Baillie Gifford insiders concede Anderson’s departure in April,telegraphedfor more than a year, came at a particularly fraught moment. The firm created a success story around Anderson and his investment philosophy and used that rosy narrative to market itself.James Budden, global head of marketing, acknowledged — with some limits — Anderson’s long-standing role in shaping Baillie Gifford. “He was a strong influence, but this took 20 years to play out,” said Budden, the only person Baillie Gifford made available to speak on the record. “Scottish Mortgage didn’t immediately become what it is today. Yes, he did define a lot of the investment thinking.”For better and worse, Anderson appears to have left a lasting mark. University graduates who join the firm’s training program no longer get schooled in financial statements as meticulously as they used to, people familiar with the matter said. People who’ve left recently say risk management could be improved.For years, the only investor who owned more of Tesla was Elon Musk.Photographer: Toru Hanai/BloombergBudden, the marketing chief, says trainees must still learn accounting but adds that success at Baillie Gifford takes vision, too. “We do have risk controls, though people think we don’t,” he said. “For us the biggest risk is finding the wrong companies and missing the big opportunities, but we also do proper risk analysis.”For now, Baillie Gifford seems hostage to the markets. Aninvestment teamcalled Global Alpha, createdby former senior partner Charles Plowden in 2005 as a counterweight to Anderson’s go-big philosophy, has weathered the storm better than Scottish Mortgage by investing in more, less volatile stocks.Global Alpha today manages 39 billion pounds, more than any other group in the firm. Yet, all the same, it still holds a crop of Anderson’s tech darlingslike Moderna and Tesla. The firm says any similarities between portfolios are unintentional and that each team does its own research.All the same, the 170-person client services team has been reemphasizingthe investment philosophy Anderson helped to build. Their line: This, too, shall pass — and Baillie Gifford will go on to greater heights as its bets pay off over coming decades. In webinars, letters and phone calls, the team has urged investors not to panic.The partnership keeps looking ahead. It plans to hire more people and move to a new glass-paneled, seven-story headquarters being built in a new development in Edinburgh’s West End. At a recent company-wide meeting, two senior partners said Baillie Gifford would stick to its guns. It was, they said, business as usual.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907746160,"gmtCreate":1660261204452,"gmtModify":1676532319359,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907746160","repostId":"2258759620","repostType":4,"repost":{"id":"2258759620","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":1660260544,"share":"https://ttm.financial/m/news/2258759620?lang=&edition=fundamental","pubTime":"2022-08-12 07:29","market":"us","language":"en","title":"MSCI to Add 13 Securities to Its ACWI Index, and Delete 8 Securities","url":"https://stock-news.laohu8.com/highlight/detail?id=2258759620","media":"Reuters","summary":"Aug 11 (Reuters) - Index provider MSCI said on Thursday that 13 securities will be added to and eigh","content":"<html><head></head><body><p>Aug 11 (Reuters) - Index provider MSCI said on Thursday that 13 securities will be added to and eight deleted from its widely followed ACWI index as part of its quarterly index review.</p><p>The three largest additions to the MSCI world index by market capitalization will be Carlisle Cos Inc, Texas Pacific Land Corp and Gaming And Leisure Properties Inc, all U.S.-based, MSCI said.</p><p>The three largest additions to the emerging markets index will be Tianqi Lithium A, Qinghai Salt Lake Industry A, and Beijing Tongrentang A.</p><p>The MSCI ACWI index included nearly 2,900 components from 47 developed and emerging markets as of the end of last month, according to its fact sheet.</p><p>The EM index had 1,380 constituents as of end-July, with China its largest country weight at 32% followed by Taiwan, India and South Korea.</p><p>MSCI added that due to market accessibility issues there would be no changes to the MSCI Kenya, MSCI Nigeria and MSCI Sri Lanka indexes.</p><p>All changes will be effective as of the close on Aug. 31, MSCI said.</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>MSCI to Add 13 Securities to Its ACWI Index, and Delete 8 Securities</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\">\nMSCI to Add 13 Securities to Its ACWI Index, and Delete 8 Securities\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-12 07:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 11 (Reuters) - Index provider MSCI said on Thursday that 13 securities will be added to and eight deleted from its widely followed ACWI index as part of its quarterly index review.</p><p>The three largest additions to the MSCI world index by market capitalization will be Carlisle Cos Inc, Texas Pacific Land Corp and Gaming And Leisure Properties Inc, all U.S.-based, MSCI said.</p><p>The three largest additions to the emerging markets index will be Tianqi Lithium A, Qinghai Salt Lake Industry A, and Beijing Tongrentang A.</p><p>The MSCI ACWI index included nearly 2,900 components from 47 developed and emerging markets as of the end of last month, according to its fact sheet.</p><p>The EM index had 1,380 constituents as of end-July, with China its largest country weight at 32% followed by Taiwan, India and South Korea.</p><p>MSCI added that due to market accessibility issues there would be no changes to the MSCI Kenya, MSCI Nigeria and MSCI Sri Lanka indexes.</p><p>All changes will be effective as of the close on Aug. 31, MSCI said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"600085":"同仁堂","CSL":"卡莱尔伙伴","TPL":"Texas Pacific Land Trust Sub Sha","000792":"盐湖股份","002466":"天齐锂业","MSCI":"MSCI Inc","GLPI":"Gaming and Leisure Properties I"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258759620","content_text":"Aug 11 (Reuters) - Index provider MSCI said on Thursday that 13 securities will be added to and eight deleted from its widely followed ACWI index as part of its quarterly index review.The three largest additions to the MSCI world index by market capitalization will be Carlisle Cos Inc, Texas Pacific Land Corp and Gaming And Leisure Properties Inc, all U.S.-based, MSCI said.The three largest additions to the emerging markets index will be Tianqi Lithium A, Qinghai Salt Lake Industry A, and Beijing Tongrentang A.The MSCI ACWI index included nearly 2,900 components from 47 developed and emerging markets as of the end of last month, according to its fact sheet.The EM index had 1,380 constituents as of end-July, with China its largest country weight at 32% followed by Taiwan, India and South Korea.MSCI added that due to market accessibility issues there would be no changes to the MSCI Kenya, MSCI Nigeria and MSCI Sri Lanka indexes.All changes will be effective as of the close on Aug. 31, MSCI said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904987107,"gmtCreate":1659975183312,"gmtModify":1703476553678,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904987107","repostId":"1111364601","repostType":4,"repost":{"id":"1111364601","pubTimestamp":1659972720,"share":"https://ttm.financial/m/news/1111364601?lang=&edition=fundamental","pubTime":"2022-08-08 23:32","market":"us","language":"en","title":"The S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1111364601","media":"Seeking Alpha","summary":"SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 20","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The bear market of 2022 has eerily similar characteristics of bear markets of the past.</li><li>The 2022 bear market looks very similar to those in 1937, 2000, and 2008.</li><li>If the bear markets are similar, the 2022 version is nearing its most dangerous phase.</li></ul><p>History can act as a guide, not because it can predict the future, but because sometimes it can prepare us for what may happen next. Investing is very much about understanding the fundamentals and the technical trends. But the element that is lost most times is emotion, and it is the emotion of how people respond to news or events that seem to endure, shaping history.</p><p>Similarities in today's stock market and S&P 500 (SP500) echo the great bear markets of the past. The 2022 S&P 500 path has followed the paths of 1936, 2000, and 2008 cycles. It isn't to say that future is on a predetermined course; it is not. But it can give us a glimpse into what may happen next based on how bear markets and emotions have steered past performance.</p><p><b>1937</b></p><p>After rallying from March 1935 to March 1937, the S&P 500 dropped sharply until the summer of 1937, by nearly 19%. That was when the index saw a solid summer rally, which lifted the S&P 500 more than 14% off its lows, peaking around August 20, 1937. Following that summer rally, the market fell sharply, nearly 70% between September 1937 and April 1938.</p><p>Using a 31,065-day offset to overlay the S&P 500 of today versus that bear market, we can see the S&P 500 of today has plotted a very similar course to that of 1937. It would suggest that the S&P 500 of today is likely to be hitting an inflection point in the next couple of weeks. It could result in the recent 2022 rally continuing, the comparison with 1937 no longer working, or the S&P 500 of 2022 turning sharply lower as the market did in 1937.</p><p><img src=\"https://static.tigerbbs.com/bf9e75e86ede6d5127a530f868dcedf3\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>2000</b></p><p>The bear market that started in the year 2000 also shares many of the same properties as the S&P 500 of today. In this case, using a 7874-day offset, the two charts will line up. Following the 1998 sell-off, the S&P 500 rallied sharply until 2000. The S&P 500 of 2000 was more resilient at first, retesting its March 2000 highs again in September 2000. After that, the index saw a pronounced sell-off, followed by a January 2001 rally. That January 2001 rally marked the final rebound, followed by a nearly 20% decline into April 2001.</p><p>Again, the market of today is at the same point in time. Therefore, if the S&P 500 is going to turn lower and follow the path of 2000, that sharp decline could happen over the next couple of weeks.</p><p><img src=\"https://static.tigerbbs.com/c67e3a7716980557c4c7d467f03d1b40\" tg-width=\"640\" tg-height=\"255\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>2008</b></p><p>Finally, the bear market of 2008 seems to match the S&P 500 of 2022 the most closely. A 5,218-day offset lines the double bottom in the fall of 2020 up with the double bottom in the spring of 2006. Like the two previous bear market examples, after peaking in October 2007, the S&P 500 went lower on a slow and steady decline of nearly 19%. That was followed by a rally in the spring of 2008, which led to a gain of almost 12%. Of course, after that rally, the S&P 500 again found itself turning lower, erasing the spring gains.</p><p><img src=\"https://static.tigerbbs.com/8d85ceaf1cd7900663bbf9dbbe300dee\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Similarities</b></p><p>The declines may differ in each of these cases, but it isn't the reason that matters. It is the patterns the market followed that matter. When overlaying 1937, 2000, and 2008 all together on one chart, they show that the bull rally phases had nearly the same duration, with all peaking within a 6-month time frame, followed by a sharp decline, a very sharp countertrend rally followed by a significantly steeper decline.</p><p><img src=\"https://static.tigerbbs.com/03c254a06087baa45767c1b5a5d0c6aa\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Does this mean the market of 2022 has to follow the same path? No, of course, it does not. But if this is a bear market we are in, and the pattern continues, the market may be entering the most dangerous part of the bear market. The part where a powerful rally catches everyone off guard and is followed by a sharp and sudden decline.</p><p><img src=\"https://static.tigerbbs.com/34566ce27f9a5b7d5ac6c173ee363be9\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>What happens next for stocks is anyone's guess, and these charts do not tell us what that outcome will be. But the power of history and human emotion tells us what <i>may</i> happen next, and in this case, the answer may be staring us right in the face for all to see.</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>The S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 23:32 GMT+8 <a href=https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 2022 bear market looks very similar to those in 1937, 2000, and 2008.If the bear markets are similar, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111364601","content_text":"SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 2022 bear market looks very similar to those in 1937, 2000, and 2008.If the bear markets are similar, the 2022 version is nearing its most dangerous phase.History can act as a guide, not because it can predict the future, but because sometimes it can prepare us for what may happen next. Investing is very much about understanding the fundamentals and the technical trends. But the element that is lost most times is emotion, and it is the emotion of how people respond to news or events that seem to endure, shaping history.Similarities in today's stock market and S&P 500 (SP500) echo the great bear markets of the past. The 2022 S&P 500 path has followed the paths of 1936, 2000, and 2008 cycles. It isn't to say that future is on a predetermined course; it is not. But it can give us a glimpse into what may happen next based on how bear markets and emotions have steered past performance.1937After rallying from March 1935 to March 1937, the S&P 500 dropped sharply until the summer of 1937, by nearly 19%. That was when the index saw a solid summer rally, which lifted the S&P 500 more than 14% off its lows, peaking around August 20, 1937. Following that summer rally, the market fell sharply, nearly 70% between September 1937 and April 1938.Using a 31,065-day offset to overlay the S&P 500 of today versus that bear market, we can see the S&P 500 of today has plotted a very similar course to that of 1937. It would suggest that the S&P 500 of today is likely to be hitting an inflection point in the next couple of weeks. It could result in the recent 2022 rally continuing, the comparison with 1937 no longer working, or the S&P 500 of 2022 turning sharply lower as the market did in 1937.Bloomberg2000The bear market that started in the year 2000 also shares many of the same properties as the S&P 500 of today. In this case, using a 7874-day offset, the two charts will line up. Following the 1998 sell-off, the S&P 500 rallied sharply until 2000. The S&P 500 of 2000 was more resilient at first, retesting its March 2000 highs again in September 2000. After that, the index saw a pronounced sell-off, followed by a January 2001 rally. That January 2001 rally marked the final rebound, followed by a nearly 20% decline into April 2001.Again, the market of today is at the same point in time. Therefore, if the S&P 500 is going to turn lower and follow the path of 2000, that sharp decline could happen over the next couple of weeks.Bloomberg2008Finally, the bear market of 2008 seems to match the S&P 500 of 2022 the most closely. A 5,218-day offset lines the double bottom in the fall of 2020 up with the double bottom in the spring of 2006. Like the two previous bear market examples, after peaking in October 2007, the S&P 500 went lower on a slow and steady decline of nearly 19%. That was followed by a rally in the spring of 2008, which led to a gain of almost 12%. Of course, after that rally, the S&P 500 again found itself turning lower, erasing the spring gains.BloombergSimilaritiesThe declines may differ in each of these cases, but it isn't the reason that matters. It is the patterns the market followed that matter. When overlaying 1937, 2000, and 2008 all together on one chart, they show that the bull rally phases had nearly the same duration, with all peaking within a 6-month time frame, followed by a sharp decline, a very sharp countertrend rally followed by a significantly steeper decline.BloombergDoes this mean the market of 2022 has to follow the same path? No, of course, it does not. But if this is a bear market we are in, and the pattern continues, the market may be entering the most dangerous part of the bear market. The part where a powerful rally catches everyone off guard and is followed by a sharp and sudden decline.BloombergWhat happens next for stocks is anyone's guess, and these charts do not tell us what that outcome will be. But the power of history and human emotion tells us what may happen next, and in this case, the answer may be staring us right in the face for all to see.","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906008594,"gmtCreate":1659449354221,"gmtModify":1705980460726,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906008594","repostId":"1188690484","repostType":4,"repost":{"id":"1188690484","pubTimestamp":1659454673,"share":"https://ttm.financial/m/news/1188690484?lang=&edition=fundamental","pubTime":"2022-08-02 23:37","market":"us","language":"en","title":"Alibaba: Be Greedy When Others Are Fearful","url":"https://stock-news.laohu8.com/highlight/detail?id=1188690484","media":"Seeking Alpha","summary":"SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.</li><li>The stock is down about 70% from ATH and now trades at very attractive risk/reward levels.</li><li>Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model.</li></ul><p><b>Thesis</b></p><p>I am very bullish on Alibaba (NYSE:BABA) stock. I strongly believe that the market has priced in too much negativity and pessimism as compared to reality and investors are well advised to follow one of Buffett's key maxims:</p><blockquote>Be greedy when others are fearful.</blockquote><p>Alibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17. This indicates a clear undervaluation.</p><p>Of course, I understand that investors are worried about a potential ADR delisting, slowing economy and crackdown on internet/tech companies. However, just like a bull market tops on the most bullish conditions, a bear market bottoms on the most bearish conditions. While investors should study and understand the risks, I personally believe that Alibaba stock will rebound strongly from current price levels of below $100/share.</p><p>Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model anchored on fundamentals and analyst consensus estimates. My target price is $133.92.</p><p><b>A Best-In-Class Company</b></p><p>Alibaba is one of the biggest e-commerce companies in the world. The company operates three main shopping sites Taobao, Tmall and Alibaba.com, which cumulatively serve some 828 million monthly active buyers (fiscal year ending March 31, 2021).</p><p>Alibaba also has stakes in multiple innovative internet/technology businesses such as Youku (video entertainment), Pony.Ai (Autonomous Driving) and most notably Ant Group (The world's biggest financial service company). Alipay serves almost the entire population in China. The platform has 1.3 billion users and 80 million merchants. Notably, the total payment volume of Alipay was more than $19 trillion in 2021.</p><p>Moreover, Alibaba is a dominant force in China's cloud market with about37% market share. China's cloud market is expected to grow at a 4-year CAGR of more than 25%, reaching $85 billion in 2026. As the market leader in China, Alibaba is poised to benefit from this super-charged cloud-growth. Cloud is also a business vertical where the company should enjoy government tailwind, as the Chinese Communist Party is actively supporting digitalization efforts of the economy and has made cloud development a key-priority in the party's5-year development plan.</p><p><b>Bullish Financials</b></p><p>In the past financial year, the Alibaba Group generated total revenues of about $134.5 billion and recorded an operating income of about $15 billion. Most notably in the past five years, from March 2017 to March 2022, Alibaba has grown at an unbelievable 5-year CAGR of 42%. For reference, this is almost double the growth rate of Amazon, which grew at a 5-year CAGR of 22% CAGR over the same period. Alibaba closed the fiscal year 2021 with 9.8 billion of net-income available to common shareholders.</p><p>Alibaba'sbalance sheet is very strong: As of March 2022, the company recorded $71.7 billion of cash and cash equivalents and only $27.85 of total financial debt. This makes Alibaba a net-creditor of about $43 billion -- which is 17% of the company's market capitalization. Moreover, Alibaba's business operations, despite the strong growth, are cash-accretive. In fiscal 2021, the company generated cash from operations of $22.5 billion. Under these circumstances it should come to no surprise that the company announced a $25 billion share-buyback program, more than 10% of the outstanding shares) in March 2022.</p><p>Alibaba will announce earnings for the quarter from April to end of June on August 4th before the market open. Analyst consensus expects total revenues of $30.21 billion and EPS of $1.56.</p><p><b>The Buying Opportunity</b></p><p>Despite the strong business fundamentals, Alibaba stock suffered a spectacular sell-off. BABA shares are down about 70% from ATH as the company was pressured by multiple headwinds: ADR delisting fears, as slowing economy , Covid-19 lockdowns and an aggressive regulatory crackdown that started with the cancellation of the Ant Group IPO in November 2020.</p><p><img src=\"https://static.tigerbbs.com/c01e6eab7204bcc90b5af9aa0d87ac85\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Alibaba is a quality company, and the stock's undervaluation is no secret to investors. The key-question is: is the worst behind, and can investors safely invest in Alibaba stock?</p><p>I strongly believe that a safe investment does not exist. In my opinion, every investment opportunity must be judged as a function of its price. And the lower the price, the less risky an investment becomes. Thus, investing is a question of risk/reward. Given Alibaba's extremely depressed valuation - now the company's stock is trading at a PE of about x17- I argue an investment is justified.</p><p>Moreover, there are signs that all of Alibaba's headwinds are easing and the negativity surrounding the stock has peaked. China has on multiple occasions tried to communicate to investors that the internet/technology crackdown is coming to an end and is actively supporting the healthy expansion of digital platform economies.</p><p>In addition, China has vowed to push more fiscal economic support- with a special focus on digitalization. While western economies are hawkish on fiscal and monetary stimulus - ending a decade long easing cycle, China is one of the few economies that appears to start a new stimulus cycle.</p><p>Analysts agree with the bullish thesis. In general, analysts are very bullish on Alibaba stock. Based on ratings of 44 analysts, 33 analysts give a Strong Buy rating, 8 are Buy rated and 3 assign a Hold recommendation. There is no Sell or Strong Sell rating. The average price target is $155.47/share, indicating more than 70% upside.</p><p><img src=\"https://static.tigerbbs.com/8fa3c940aeeed4780c87b1ca71bdb180\" tg-width=\"640\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Residual Earnings Valuation</b></p><p>Let us now look at the valuation. What could be a fair per-share value for Alibaba stock? To answer the question, I have constructed a Residual Earnings framework and anchor on the following assumptions:</p><ul><li>To forecast EPS, I anchor on consensus analyst forecast as available on the Bloomberg Terminal 'till 2025. In my opinion, any estimate beyond 2025 is too speculative to include in a valuation framework. But for 2-3 years, analyst consensus is usually quite precise.</li><li>To estimate the cost of capital, I use the WACC framework. I model a three-year regression against the Hang Seng to find the stock's beta. For the risk-free rate, I used the U.S. 10-year treasury yield as of July 22nd, 2022. My calculation indicates a fair WACC of about 9.8%. I adjust upward to 12% in order to reflect the company's idiosyncratic market risk.</li><li>To derive Baidu's tax rate, I extrapolate the 3-year average effective tax-rate from 2019, 2020 and 2021.</li><li>For the terminal growth rate, I apply expected nominal GDP growth plus one percentage point to reflect a favorable growth outlook for Alibaba's high-potential initiatives</li><li>I do not model any share buyback further supporting a conservative valuation.</li></ul><p>Based on the above assumptions, my calculation returns a base-case target price for Alibaba of $133.92/share, implying material upside of more than 50%.</p><p><img src=\"https://static.tigerbbs.com/b7cb860aca7fa48ef2afe7e265d3effa\" tg-width=\"640\" tg-height=\"229\" referrerpolicy=\"no-referrer\"/></p><p>Analyst Consensus EPS; Author's Calculation</p><p>I understand that investors might have different assumptions with regards to Alibaba's required return and terminal business growth. Thus, I also enclose a sensitivity table to test varying assumptions. For reference, red-cells imply an overvaluation as compared to the current market price, and green-cells imply an undervaluation. Notably, all tested combinations imply an undervaluation!</p><p><img src=\"https://static.tigerbbs.com/62ba3323a1f09e75477921298d84cbf8\" tg-width=\"640\" tg-height=\"154\" referrerpolicy=\"no-referrer\"/></p><p>Analyst Consensus EPS; Author's Calculation</p><p><b>Investment Risks</b></p><p>Investors should be aware of the following downside risks that might cause Alibaba stock to materially deviate from my base-case target price of $133.92/share:</p><p>First, the economy is currently pressured by multiple headwinds including inflation, real-estate crisis and COVID-19 lockdowns. If the economy would slow more than what is expected and priced in, investors should adjust expectations for Alibaba's short/mid-term business monetization accordingly.</p><p>Secondly, China's internet/tech companies are strongly exposed to regulatory risk. While the worst seems to be behind us, the elevated risk exposure persists -- and will arguably never completely fade.</p><p>Third, much of BABA's share price volatility is currently driven by investor sentiment towards Chinese ADRs and risk assets. Thus, BABA stock price might show strong price volatility even though the company's business fundamentals remain unchanged.</p><p><b>Conclusion</b></p><p>Alibaba stock is down 70% from ATH, but the company remains a global powerhouse with enormous long-term potential. Trading at a PE of below x17, despite growing like a start-up, I argue Alibaba's sell-off could offer long-term focused investors, that can stomach short term share-price volatility, a generational buying opportunity.</p><p>Personally, I see more than 50% upside for BABA stock, despite cautious and conservative valuation assumptions. Strong Buy.</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>Alibaba: Be Greedy When Others Are Fearful</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Be Greedy When Others Are Fearful\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-02 23:37 GMT+8 <a href=https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.The stock is down about 70% from ATH and now trades at very attractive risk/reward ...</p>\n\n<a href=\"https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188690484","content_text":"SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.The stock is down about 70% from ATH and now trades at very attractive risk/reward levels.Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model.ThesisI am very bullish on Alibaba (NYSE:BABA) stock. I strongly believe that the market has priced in too much negativity and pessimism as compared to reality and investors are well advised to follow one of Buffett's key maxims:Be greedy when others are fearful.Alibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17. This indicates a clear undervaluation.Of course, I understand that investors are worried about a potential ADR delisting, slowing economy and crackdown on internet/tech companies. However, just like a bull market tops on the most bullish conditions, a bear market bottoms on the most bearish conditions. While investors should study and understand the risks, I personally believe that Alibaba stock will rebound strongly from current price levels of below $100/share.Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model anchored on fundamentals and analyst consensus estimates. My target price is $133.92.A Best-In-Class CompanyAlibaba is one of the biggest e-commerce companies in the world. The company operates three main shopping sites Taobao, Tmall and Alibaba.com, which cumulatively serve some 828 million monthly active buyers (fiscal year ending March 31, 2021).Alibaba also has stakes in multiple innovative internet/technology businesses such as Youku (video entertainment), Pony.Ai (Autonomous Driving) and most notably Ant Group (The world's biggest financial service company). Alipay serves almost the entire population in China. The platform has 1.3 billion users and 80 million merchants. Notably, the total payment volume of Alipay was more than $19 trillion in 2021.Moreover, Alibaba is a dominant force in China's cloud market with about37% market share. China's cloud market is expected to grow at a 4-year CAGR of more than 25%, reaching $85 billion in 2026. As the market leader in China, Alibaba is poised to benefit from this super-charged cloud-growth. Cloud is also a business vertical where the company should enjoy government tailwind, as the Chinese Communist Party is actively supporting digitalization efforts of the economy and has made cloud development a key-priority in the party's5-year development plan.Bullish FinancialsIn the past financial year, the Alibaba Group generated total revenues of about $134.5 billion and recorded an operating income of about $15 billion. Most notably in the past five years, from March 2017 to March 2022, Alibaba has grown at an unbelievable 5-year CAGR of 42%. For reference, this is almost double the growth rate of Amazon, which grew at a 5-year CAGR of 22% CAGR over the same period. Alibaba closed the fiscal year 2021 with 9.8 billion of net-income available to common shareholders.Alibaba'sbalance sheet is very strong: As of March 2022, the company recorded $71.7 billion of cash and cash equivalents and only $27.85 of total financial debt. This makes Alibaba a net-creditor of about $43 billion -- which is 17% of the company's market capitalization. Moreover, Alibaba's business operations, despite the strong growth, are cash-accretive. In fiscal 2021, the company generated cash from operations of $22.5 billion. Under these circumstances it should come to no surprise that the company announced a $25 billion share-buyback program, more than 10% of the outstanding shares) in March 2022.Alibaba will announce earnings for the quarter from April to end of June on August 4th before the market open. Analyst consensus expects total revenues of $30.21 billion and EPS of $1.56.The Buying OpportunityDespite the strong business fundamentals, Alibaba stock suffered a spectacular sell-off. BABA shares are down about 70% from ATH as the company was pressured by multiple headwinds: ADR delisting fears, as slowing economy , Covid-19 lockdowns and an aggressive regulatory crackdown that started with the cancellation of the Ant Group IPO in November 2020.Seeking AlphaAlibaba is a quality company, and the stock's undervaluation is no secret to investors. The key-question is: is the worst behind, and can investors safely invest in Alibaba stock?I strongly believe that a safe investment does not exist. In my opinion, every investment opportunity must be judged as a function of its price. And the lower the price, the less risky an investment becomes. Thus, investing is a question of risk/reward. Given Alibaba's extremely depressed valuation - now the company's stock is trading at a PE of about x17- I argue an investment is justified.Moreover, there are signs that all of Alibaba's headwinds are easing and the negativity surrounding the stock has peaked. China has on multiple occasions tried to communicate to investors that the internet/technology crackdown is coming to an end and is actively supporting the healthy expansion of digital platform economies.In addition, China has vowed to push more fiscal economic support- with a special focus on digitalization. While western economies are hawkish on fiscal and monetary stimulus - ending a decade long easing cycle, China is one of the few economies that appears to start a new stimulus cycle.Analysts agree with the bullish thesis. In general, analysts are very bullish on Alibaba stock. Based on ratings of 44 analysts, 33 analysts give a Strong Buy rating, 8 are Buy rated and 3 assign a Hold recommendation. There is no Sell or Strong Sell rating. The average price target is $155.47/share, indicating more than 70% upside.Seeking AlphaResidual Earnings ValuationLet us now look at the valuation. What could be a fair per-share value for Alibaba stock? To answer the question, I have constructed a Residual Earnings framework and anchor on the following assumptions:To forecast EPS, I anchor on consensus analyst forecast as available on the Bloomberg Terminal 'till 2025. In my opinion, any estimate beyond 2025 is too speculative to include in a valuation framework. But for 2-3 years, analyst consensus is usually quite precise.To estimate the cost of capital, I use the WACC framework. I model a three-year regression against the Hang Seng to find the stock's beta. For the risk-free rate, I used the U.S. 10-year treasury yield as of July 22nd, 2022. My calculation indicates a fair WACC of about 9.8%. I adjust upward to 12% in order to reflect the company's idiosyncratic market risk.To derive Baidu's tax rate, I extrapolate the 3-year average effective tax-rate from 2019, 2020 and 2021.For the terminal growth rate, I apply expected nominal GDP growth plus one percentage point to reflect a favorable growth outlook for Alibaba's high-potential initiativesI do not model any share buyback further supporting a conservative valuation.Based on the above assumptions, my calculation returns a base-case target price for Alibaba of $133.92/share, implying material upside of more than 50%.Analyst Consensus EPS; Author's CalculationI understand that investors might have different assumptions with regards to Alibaba's required return and terminal business growth. Thus, I also enclose a sensitivity table to test varying assumptions. For reference, red-cells imply an overvaluation as compared to the current market price, and green-cells imply an undervaluation. Notably, all tested combinations imply an undervaluation!Analyst Consensus EPS; Author's CalculationInvestment RisksInvestors should be aware of the following downside risks that might cause Alibaba stock to materially deviate from my base-case target price of $133.92/share:First, the economy is currently pressured by multiple headwinds including inflation, real-estate crisis and COVID-19 lockdowns. If the economy would slow more than what is expected and priced in, investors should adjust expectations for Alibaba's short/mid-term business monetization accordingly.Secondly, China's internet/tech companies are strongly exposed to regulatory risk. While the worst seems to be behind us, the elevated risk exposure persists -- and will arguably never completely fade.Third, much of BABA's share price volatility is currently driven by investor sentiment towards Chinese ADRs and risk assets. Thus, BABA stock price might show strong price volatility even though the company's business fundamentals remain unchanged.ConclusionAlibaba stock is down 70% from ATH, but the company remains a global powerhouse with enormous long-term potential. Trading at a PE of below x17, despite growing like a start-up, I argue Alibaba's sell-off could offer long-term focused investors, that can stomach short term share-price volatility, a generational buying opportunity.Personally, I see more than 50% upside for BABA stock, despite cautious and conservative valuation assumptions. Strong Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908109323,"gmtCreate":1659329028462,"gmtModify":1676536288232,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908109323","repostId":"2256011225","repostType":4,"repost":{"id":"2256011225","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1659308889,"share":"https://ttm.financial/m/news/2256011225?lang=&edition=fundamental","pubTime":"2022-08-01 07:08","market":"us","language":"en","title":"AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2256011225","media":"Dow Jones","summary":"Brands release earnings.The ISM releases its Services PMI for July. The consensus call is for a 53.3 reading, two points less than in June. The Services PMI has fallen for three consecutive months and is at its lowest","content":"<html><head></head><body><p>It's the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers' index readings and jobs Friday.</p><p>Devon Energy and Simon Property Group will get the ball rolling on Monday before a busy Tuesday: Advanced Micro Devices, Airbnb, Caterpillar, Electronic Arts, Marathon Petroleum, Marriott International, Occidental Petroleum, <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings, Starbucks, and Uber Technologies all report.</p><p>Wednesday's earnings highlights will be <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a>, CVS Health, <a href=\"https://laohu8.com/S/EBAY\">eBay</a>, and Moderna. Thursday will bring results from Alibaba Group Holding, <a href=\"https://laohu8.com/S/SQ\">Block</a>, ConocoPhillips, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a>, and <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a>, before EOG Resources and Western Digital close the week on Friday.</p><p>Economic data out this week will include the Institute for Supply Management's Manufacturing Purchasing Managers' Index for July on Monday, followed by the Services PMI on Wednesday. Both measures of activity are seen declining from June.</p><p>On Tuesday, the Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey for June. Then, on Thursday, the Bank of England will announce a monetary-policy decision. An interest-rate hike is likely to be in store.</p><p>Finally, the highlight of the week will be the Bureau of Labor Statistics' jobs report for July on Friday morning. Economists' consensus calls for growth of 250,000 nonfarm payrolls and for the unemployment rate to remain at 3.6%.</p><p><img src=\"https://static.tigerbbs.com/1c866f9d2a2e4a047e5dea410b8fc868\" tg-width=\"2024\" tg-height=\"1427\" referrerpolicy=\"no-referrer\"/></p><h2>Monday 8/1</h2><p>Arista Networks, DaVita, Devon Energy, Global Payments, SBA Communications, Simon Property Group, and Williams Cos. report earnings.</p><p>The Census Bureau reports construction spending statistics for June. Consensus estimate is for a 0.2% monthly rise in total construction outlays, to a seasonally adjusted annual rate of $1.78 trillion.</p><p>The Institute for Supply Management releases its Manufacturing Purchasing Managers' Index for July. Economists forecast a 52.2 reading, slightly lower than June's 53, which was the lowest in two years.</p><h2>Tuesday 8/2</h2><p>The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Expectations are for 11.1 million job openings on the last business day for June, 154,000 fewer than in May.</p><p>Advanced Micro Devices, Airbnb, BP, Caterpillar, Cummins, DuPont, Eaton, Electronic Arts, Gilead Sciences, Marathon Petroleum, Marriott International, Occidental Petroleum, PayPal Holdings, Prudential Financial, S&P Global, SolarEdge Technologies, Starbucks, and Uber Technologies announce quarterly results.</p><h2>Wednesday 8/3</h2><p>AmerisourceBergen, Booking Holdings, Clorox, CVS Health, eBay, Entergy, Exelon, Fortinet, Ingersoll Rand, McKesson, MetLife, Moderna, Regeneron Pharmaceuticals, and Yum! Brands release earnings.</p><p>The ISM releases its Services PMI for July. The consensus call is for a 53.3 reading, two points less than in June. The Services PMI has fallen for three consecutive months and is at its lowest level since May of 2020.</p><h2>Thursday 8/4</h2><p>Alibaba Group Holding, Amgen, Becton Dickinson, Block, Cigna, ConocoPhillips, <a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Energy, Eli Lilly, <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group, Fidelity National Information Services, Intercontinental Exchange, Kellogg, Novo Nordisk, <a href=\"https://laohu8.com/S/PARAA\">Paramount Global</a>, Sempra, Vertex Pharmaceuticals, Warner Bros. Discovery, and Zoetis hold calls to discuss quarterly results.</p><p>The Bank of England announces its monetary-policy decision. Traders are pricing in a 50% chance that the central bank will raise its key interest rate by a half-percentage point, to 1.75%.</p><p>The Department of Labor reports initial jobless claims for the week ending on July 30. The four-week average for claims is 249,250 -- the highest level since late last year.</p><h2>Friday 8/5</h2><p>Western Digital and Westinghouse Air Brake Technologies report earnings.</p><p>The Bureau of Labor Statistics releases the jobs report for July. Economists think the economy added 250,000 jobs, after a 372,000 increase in June. The unemployment rate is forecast to remain unchanged near a half-century low of 3.6%.</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>AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-01 07:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>It's the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers' index readings and jobs Friday.</p><p>Devon Energy and Simon Property Group will get the ball rolling on Monday before a busy Tuesday: Advanced Micro Devices, Airbnb, Caterpillar, Electronic Arts, Marathon Petroleum, Marriott International, Occidental Petroleum, <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings, Starbucks, and Uber Technologies all report.</p><p>Wednesday's earnings highlights will be <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a>, CVS Health, <a href=\"https://laohu8.com/S/EBAY\">eBay</a>, and Moderna. Thursday will bring results from Alibaba Group Holding, <a href=\"https://laohu8.com/S/SQ\">Block</a>, ConocoPhillips, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a>, and <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a>, before EOG Resources and Western Digital close the week on Friday.</p><p>Economic data out this week will include the Institute for Supply Management's Manufacturing Purchasing Managers' Index for July on Monday, followed by the Services PMI on Wednesday. Both measures of activity are seen declining from June.</p><p>On Tuesday, the Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey for June. Then, on Thursday, the Bank of England will announce a monetary-policy decision. An interest-rate hike is likely to be in store.</p><p>Finally, the highlight of the week will be the Bureau of Labor Statistics' jobs report for July on Friday morning. Economists' consensus calls for growth of 250,000 nonfarm payrolls and for the unemployment rate to remain at 3.6%.</p><p><img src=\"https://static.tigerbbs.com/1c866f9d2a2e4a047e5dea410b8fc868\" tg-width=\"2024\" tg-height=\"1427\" referrerpolicy=\"no-referrer\"/></p><h2>Monday 8/1</h2><p>Arista Networks, DaVita, Devon Energy, Global Payments, SBA Communications, Simon Property Group, and Williams Cos. report earnings.</p><p>The Census Bureau reports construction spending statistics for June. Consensus estimate is for a 0.2% monthly rise in total construction outlays, to a seasonally adjusted annual rate of $1.78 trillion.</p><p>The Institute for Supply Management releases its Manufacturing Purchasing Managers' Index for July. Economists forecast a 52.2 reading, slightly lower than June's 53, which was the lowest in two years.</p><h2>Tuesday 8/2</h2><p>The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Expectations are for 11.1 million job openings on the last business day for June, 154,000 fewer than in May.</p><p>Advanced Micro Devices, Airbnb, BP, Caterpillar, Cummins, DuPont, Eaton, Electronic Arts, Gilead Sciences, Marathon Petroleum, Marriott International, Occidental Petroleum, PayPal Holdings, Prudential Financial, S&P Global, SolarEdge Technologies, Starbucks, and Uber Technologies announce quarterly results.</p><h2>Wednesday 8/3</h2><p>AmerisourceBergen, Booking Holdings, Clorox, CVS Health, eBay, Entergy, Exelon, Fortinet, Ingersoll Rand, McKesson, MetLife, Moderna, Regeneron Pharmaceuticals, and Yum! Brands release earnings.</p><p>The ISM releases its Services PMI for July. The consensus call is for a 53.3 reading, two points less than in June. The Services PMI has fallen for three consecutive months and is at its lowest level since May of 2020.</p><h2>Thursday 8/4</h2><p>Alibaba Group Holding, Amgen, Becton Dickinson, Block, Cigna, ConocoPhillips, <a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Energy, Eli Lilly, <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group, Fidelity National Information Services, Intercontinental Exchange, Kellogg, Novo Nordisk, <a href=\"https://laohu8.com/S/PARAA\">Paramount Global</a>, Sempra, Vertex Pharmaceuticals, Warner Bros. Discovery, and Zoetis hold calls to discuss quarterly results.</p><p>The Bank of England announces its monetary-policy decision. Traders are pricing in a 50% chance that the central bank will raise its key interest rate by a half-percentage point, to 1.75%.</p><p>The Department of Labor reports initial jobless claims for the week ending on July 30. The four-week average for claims is 249,250 -- the highest level since late last year.</p><h2>Friday 8/5</h2><p>Western Digital and Westinghouse Air Brake Technologies report earnings.</p><p>The Bureau of Labor Statistics releases the jobs report for July. Economists think the economy added 250,000 jobs, after a 372,000 increase in June. The unemployment rate is forecast to remain unchanged near a half-century low of 3.6%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4512":"苹果概念","BK4529":"IDC概念","AMD":"美国超微公司","PGRE":"Paramount Group","BK4022":"陆运","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","GFS":"GLOBALFOUNDRIES Inc.","BK4141":"半导体产品","UBER":"优步","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","SBUX":"星巴克","BK4566":"资本集团","ISBC":"投资者银行","BK4536":"外卖概念","BK4211":"区域性银行","BK4575":"芯片概念","BK4524":"宅经济概念","BK4535":"淡马锡持仓","PYPL":"PayPal","BK4527":"明星科技股","BK4194":"办公房地产投资信托","BK4550":"红杉资本持仓","WBD":"Warner Bros. Discovery","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4106":"数据处理与外包服务","CVS":"西维斯健康","MPC":"马拉松原油","BK4505":"高瓴资本持仓","BK4573":"虚拟现实","BK4504":"桥水持仓","BK4581":"高盛持仓","BK4209":"餐馆"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256011225","content_text":"It's the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers' index readings and jobs Friday.Devon Energy and Simon Property Group will get the ball rolling on Monday before a busy Tuesday: Advanced Micro Devices, Airbnb, Caterpillar, Electronic Arts, Marathon Petroleum, Marriott International, Occidental Petroleum, PayPal Holdings, Starbucks, and Uber Technologies all report.Wednesday's earnings highlights will be Booking Holdings, CVS Health, eBay, and Moderna. Thursday will bring results from Alibaba Group Holding, Block, ConocoPhillips, Paramount Global, and Warner Bros. Discovery, before EOG Resources and Western Digital close the week on Friday.Economic data out this week will include the Institute for Supply Management's Manufacturing Purchasing Managers' Index for July on Monday, followed by the Services PMI on Wednesday. Both measures of activity are seen declining from June.On Tuesday, the Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey for June. Then, on Thursday, the Bank of England will announce a monetary-policy decision. An interest-rate hike is likely to be in store.Finally, the highlight of the week will be the Bureau of Labor Statistics' jobs report for July on Friday morning. Economists' consensus calls for growth of 250,000 nonfarm payrolls and for the unemployment rate to remain at 3.6%.Monday 8/1Arista Networks, DaVita, Devon Energy, Global Payments, SBA Communications, Simon Property Group, and Williams Cos. report earnings.The Census Bureau reports construction spending statistics for June. Consensus estimate is for a 0.2% monthly rise in total construction outlays, to a seasonally adjusted annual rate of $1.78 trillion.The Institute for Supply Management releases its Manufacturing Purchasing Managers' Index for July. Economists forecast a 52.2 reading, slightly lower than June's 53, which was the lowest in two years.Tuesday 8/2The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Expectations are for 11.1 million job openings on the last business day for June, 154,000 fewer than in May.Advanced Micro Devices, Airbnb, BP, Caterpillar, Cummins, DuPont, Eaton, Electronic Arts, Gilead Sciences, Marathon Petroleum, Marriott International, Occidental Petroleum, PayPal Holdings, Prudential Financial, S&P Global, SolarEdge Technologies, Starbucks, and Uber Technologies announce quarterly results.Wednesday 8/3AmerisourceBergen, Booking Holdings, Clorox, CVS Health, eBay, Entergy, Exelon, Fortinet, Ingersoll Rand, McKesson, MetLife, Moderna, Regeneron Pharmaceuticals, and Yum! Brands release earnings.The ISM releases its Services PMI for July. The consensus call is for a 53.3 reading, two points less than in June. The Services PMI has fallen for three consecutive months and is at its lowest level since May of 2020.Thursday 8/4Alibaba Group Holding, Amgen, Becton Dickinson, Block, Cigna, ConocoPhillips, Duke Energy, Eli Lilly, Expedia Group, Fidelity National Information Services, Intercontinental Exchange, Kellogg, Novo Nordisk, Paramount Global, Sempra, Vertex Pharmaceuticals, Warner Bros. Discovery, and Zoetis hold calls to discuss quarterly results.The Bank of England announces its monetary-policy decision. Traders are pricing in a 50% chance that the central bank will raise its key interest rate by a half-percentage point, to 1.75%.The Department of Labor reports initial jobless claims for the week ending on July 30. The four-week average for claims is 249,250 -- the highest level since late last year.Friday 8/5Western Digital and Westinghouse Air Brake Technologies report earnings.The Bureau of Labor Statistics releases the jobs report for July. Economists think the economy added 250,000 jobs, after a 372,000 increase in June. The unemployment rate is forecast to remain unchanged near a half-century low of 3.6%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909401571,"gmtCreate":1658896679893,"gmtModify":1676536226178,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909401571","repostId":"1124530916","repostType":4,"repost":{"id":"1124530916","pubTimestamp":1658886836,"share":"https://ttm.financial/m/news/1124530916?lang=&edition=fundamental","pubTime":"2022-07-27 09:53","market":"us","language":"en","title":"Opinion: Google and Microsoft Earnings Show the Bar Has Been Lowered for Big Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=1124530916","media":"MarketWatch","summary":"Both companies reported some worrisome results, but stocks rise as Wall Street was afraid of much, m","content":"<html><head></head><body><p>Both companies reported some worrisome results, but stocks rise as Wall Street was afraid of much, much worse</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/092b97263f7c34350537fdb9a9929f96\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Wall Street was scared about what was to come from Big Tech’s earnings, but the lack of a negative reaction from Google and Microsoft earnings Tuesday show that those fears managed to lower the bar.</span></p><p>Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Street’s expectations Tuesday, but not only did investors not melt down, both actually saw their stocks rise in after-hours trading.</p><p>Amid troubling economic signs, tech stocks have been battered so far this year, and fears about a slowdown among Big Tech names had Wall Street on edge heading into this week. But the reactions to earnings misses Tuesday afternoon show that the fears and declines so far this year have resulted in a lowered bar for even the biggest of the Big Tech names.</p><p>Microsoft missed on both revenue and profit expectations, and forecast that its cloud business, Azure, will grow about 43% in the September quarter,amid fears of slowing cloud growth.While the four-percentage-point deceleration from the previous quarter’s growth rate may have led to sharp declines in the past, Microsoft stock jumped as soon as the forecast was provided.</p><p>Google parent Alphabet reported an earnings decline for a second quarter in a row, and told analysts on its conference call that a slowdown by ad buyers impacted its second quarter. Yet Alphabet shares were up nearly 5% in after-hours trading.</p><p>“In context of the weakening macro backdrop, Alphabet’s Q2 results were decent, with close to in-line revenues across all key business segments,” wrote Colin Sebastian, an analyst with Baird Equity Research, in a note to clients, summing up the general view on Wall Street that things were not yet as bad as feared.</p><p>Much like the relief rally seen by Meta Platforms Inc. shares three months ago, however, this is a case of numbers that, while good enough to avoid tanking their stocks, still shouldn’t actually be seen as “good.” Both companies warned about the macroeconomy, and clearly each company has businesses that are slowing sharply right now.</p><p>In Alphabet’s case, revenue at YouTube, a recent star, grew a scant 3% in the second quarter, compared with 14.3% growth in the first quarter, due to overall advertiser pullbacks in spending and more competition from TikTok. Microsoft saw its PC business soften, as the big PC boom of the pandemic is over. The advertising slowdown is also affecting its LinkedIn business, while the Xbox business is slowing rapidly as the pandemic-fueled surge in videogames wears off.</p><p>But those stocks are not facing the wrath reserved for some smaller competitors. Last week, social-media company Snap Inc. raised more fears among investors about internet ad spending,and its stock plungedas the overall economy battles with inflation, changing consumer patterns and higher interest rates.</p><p>Microsoft and Google were able to avoid the same fate, though it’s possible that it will just take longer for the slowdown to actually affect companies so large, and with dominant positions in important industries. But make no mistake, there is a slowdown, and it is affecting Big Tech, just maybe not to the degree that it will result in big chunks taken out of their gargantuan market caps — yet<b>.</b></p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Google and Microsoft Earnings Show the Bar Has Been Lowered for Big Tech</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\">\nOpinion: Google and Microsoft Earnings Show the Bar Has Been Lowered for Big Tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-27 09:53 GMT+8 <a href=https://www.marketwatch.com/story/google-and-microsoft-earnings-show-the-bar-has-been-lowered-for-big-tech-11658884887?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Both companies reported some worrisome results, but stocks rise as Wall Street was afraid of much, much worseWall Street was scared about what was to come from Big Tech’s earnings, but the lack of a ...</p>\n\n<a href=\"https://www.marketwatch.com/story/google-and-microsoft-earnings-show-the-bar-has-been-lowered-for-big-tech-11658884887?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌",".DJI":"道琼斯","GOOGL":"谷歌A",".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","META":"Meta Platforms, Inc."},"source_url":"https://www.marketwatch.com/story/google-and-microsoft-earnings-show-the-bar-has-been-lowered-for-big-tech-11658884887?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124530916","content_text":"Both companies reported some worrisome results, but stocks rise as Wall Street was afraid of much, much worseWall Street was scared about what was to come from Big Tech’s earnings, but the lack of a negative reaction from Google and Microsoft earnings Tuesday show that those fears managed to lower the bar.Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Street’s expectations Tuesday, but not only did investors not melt down, both actually saw their stocks rise in after-hours trading.Amid troubling economic signs, tech stocks have been battered so far this year, and fears about a slowdown among Big Tech names had Wall Street on edge heading into this week. But the reactions to earnings misses Tuesday afternoon show that the fears and declines so far this year have resulted in a lowered bar for even the biggest of the Big Tech names.Microsoft missed on both revenue and profit expectations, and forecast that its cloud business, Azure, will grow about 43% in the September quarter,amid fears of slowing cloud growth.While the four-percentage-point deceleration from the previous quarter’s growth rate may have led to sharp declines in the past, Microsoft stock jumped as soon as the forecast was provided.Google parent Alphabet reported an earnings decline for a second quarter in a row, and told analysts on its conference call that a slowdown by ad buyers impacted its second quarter. Yet Alphabet shares were up nearly 5% in after-hours trading.“In context of the weakening macro backdrop, Alphabet’s Q2 results were decent, with close to in-line revenues across all key business segments,” wrote Colin Sebastian, an analyst with Baird Equity Research, in a note to clients, summing up the general view on Wall Street that things were not yet as bad as feared.Much like the relief rally seen by Meta Platforms Inc. shares three months ago, however, this is a case of numbers that, while good enough to avoid tanking their stocks, still shouldn’t actually be seen as “good.” Both companies warned about the macroeconomy, and clearly each company has businesses that are slowing sharply right now.In Alphabet’s case, revenue at YouTube, a recent star, grew a scant 3% in the second quarter, compared with 14.3% growth in the first quarter, due to overall advertiser pullbacks in spending and more competition from TikTok. Microsoft saw its PC business soften, as the big PC boom of the pandemic is over. The advertising slowdown is also affecting its LinkedIn business, while the Xbox business is slowing rapidly as the pandemic-fueled surge in videogames wears off.But those stocks are not facing the wrath reserved for some smaller competitors. Last week, social-media company Snap Inc. raised more fears among investors about internet ad spending,and its stock plungedas the overall economy battles with inflation, changing consumer patterns and higher interest rates.Microsoft and Google were able to avoid the same fate, though it’s possible that it will just take longer for the slowdown to actually affect companies so large, and with dominant positions in important industries. But make no mistake, there is a slowdown, and it is affecting Big Tech, just maybe not to the degree that it will result in big chunks taken out of their gargantuan market caps — yet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078490915,"gmtCreate":1657724564437,"gmtModify":1676536051757,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"You sell I buy[Happy] ","listText":"You sell I buy[Happy] ","text":"You sell I buy[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078490915","repostId":"1157403160","repostType":4,"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":2,"crmLevelSwitch":0,"idStr":"3582677971530678","authorIdStr":"3582677971530678"},"content":"Fear is rising.","text":"Fear is rising.","html":"Fear is rising."}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9080871989,"gmtCreate":1649869160986,"gmtModify":1676534595018,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>[Spurting] ","listText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>[Spurting] ","text":"$Skillz Inc(SKLZ)$[Spurting]","images":[{"img":"https://community-static.tradeup.com/news/57f31d18434213036fdc2bbbffda2205","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080871989","isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9988564507,"gmtCreate":1666791385410,"gmtModify":1676537806831,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9988564507","repostId":"2278672309","repostType":4,"isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934054934,"gmtCreate":1663164831529,"gmtModify":1676537217917,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9934054934","repostId":"1166224654","repostType":4,"isVote":1,"tweetType":1,"viewCount":509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078490915,"gmtCreate":1657724564437,"gmtModify":1676536051757,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"You sell I buy[Happy] ","listText":"You sell I buy[Happy] ","text":"You sell I buy[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078490915","repostId":"1157403160","repostType":4,"repost":{"id":"1157403160","pubTimestamp":1657725824,"share":"https://ttm.financial/m/news/1157403160?lang=&edition=fundamental","pubTime":"2022-07-13 23:23","market":"us","language":"en","title":"3 Large-Cap Stocks to Sell Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1157403160","media":"InvestorPlace","summary":"These industry leaders are all top large-cap stocks to sell before bigger losses arrive.Nvidia(NVDA)","content":"<html><head></head><body><ul><li>These industry leaders are all top large-cap stocks to sell before bigger losses arrive.</li><li><b>Nvidia</b>(<b><u>NVDA</u></b>): Semiconductors have lagged the recovery in growth stocks, pointing to more pain.</li><li><b>Adobe</b>(<b><u>ADBE</u></b>): SAAS stocks remain under pressure, and this stock is struggling at major resistance.</li><li><b>Deere</b>(<b><u>DE</u></b>): A major topping pattern looms ominously overhead, and there's plenty of room to fall.</li></ul><p>Earnings season is inbound, and investors are about to see how inflationary pressures and a downshift in economic activity have affected corporate profits. The recent surge in the U.S. dollar to a twenty-year high is also bound to play a negative role. To get ahead of what could cause bears to return with a vengeance, below are three large-cap stocks to sell before it’s too late.</p><p>And it’s not just the deteriorating fundamentals that are cause for caution. The price action of these industry giants is ugly, even as many stocks are finally showing bottoming patterns. Downtrends have taken root across all time frames, and rallies continue to fail at overhead resistance levels. Until the tone changes, the path of resistance is lower.</p><p>Let’s take a closer look and map out to capitalize on further pain.</p><p><b>Nvidia (NVDA)</b><img src=\"https://static.tigerbbs.com/9d01f1f86f9859730c24e6a19dcac791\" tg-width=\"1854\" tg-height=\"869\" referrerpolicy=\"no-referrer\"/>Source: The thinkorswim® platform from TD Ameritrade</p><p>You’d be hard-pressed to find an industry chart that looks uglier than semiconductors. Even with the recent rebound in growth stocks, semis haven’t been able to pull out of their downtrend. <b>Nvidia</b>(NASDAQ:<b><u>NVDA</u></b>) has set the bearish tone as the largest player in the space. Its trend sunk to a new 52-week low last week at $140.55, and though a four-day rally arrived, it only got as high as its declining 20-day moving average. This area halted the last advance and is a common gathering ground for sellers.</p><p>Bulls will say that with NVDA stock already down nearly 50%, a recession and other headwinds buffeting the stock are priced in. But you could have speculated the same thing when Nvidia was down 30% and 40%. Yet it went lower. The same risk remains. Until the trend changes, this is a stock to sell into strength.</p><p>To capitalize on the next descent, consider buying put spreads.</p><p><b>The Trade</b>: Buy the Aug $150/$140 bear put spread for $3.75.</p><p>You’re risking $3.75 to make $6.25 if NVDA sits below $140 at expiration.</p><p><b>Adobe (ADBE)</b><img src=\"https://static.tigerbbs.com/ba0e71d746efe6c67cbcc52de5280f4a\" tg-width=\"1856\" tg-height=\"865\" referrerpolicy=\"no-referrer\"/>Source: The thinkorswim® platform from TD Ameritrade</p><p><b>Adobe</b>(NASDAQ:<b><u>ADBE</u></b>) shares have been laid low this year, and despite a respectable bounce off the lows, prices are struggling with stiff resistance at $400. In midday trading Tuesday, ADBE is forming a nasty reversal candle that signals the beginning of its next down-leg.</p><p>The declining 50-day moving average allows for tight stop placement, and if prices retest last month’s lows ($338), then there’s a lot of potential reward for new short trades. We’ve seen nothing but underwhelming numbers and down gaps over the past three reports on the earnings front. The consistent disappointment backs up the bear case.</p><p>Throw it all together, and Adobe is one of the more obvious large-cap stocks to sell now. Here’s an option spread to profit from its pain.</p><p><b>The Trade</b>: Buy the Aug $360/$340 put spread for $5.</p><p>You’re risking $5 to make $15 if prices sink below $340 by expiration.</p><p><b>Deere (DE)</b><img src=\"https://static.tigerbbs.com/4881b0ad06ba4db11a2d6b472b9572de\" tg-width=\"1853\" tg-height=\"867\" referrerpolicy=\"no-referrer\"/>Source: The thinkorswim® platform from TD Ameritrade</p><p><b>Deere</b>(NYSE:<b><u>DE</u></b>) rounds out today’s large-cap stocks to sell with a freshly completed topping pattern that was one year in the making. The length of the top and significance of the $320 broken support zone mean future rallies will be highly suspect. At the same time, DE stock rallied so far during the recovery that it created very few support levels.</p><p>Many stocks have roundtripped the post-pandemic recovery, returning to the breakout areas from late 2020. But Deere isn’t even close. That leaves ample room for prices to unwind if participants feel a similar reset is warranted. The May earnings report sent prices plunging, and we’ve seen weak action every since. If that weren’t enough, DE stock has underperformed the <b>S&P 500</b> during the past month’s bounce, making it an easy target for bears seeking relative weakness.</p><p>Consider selling Deere shares and only revisiting it if the technicals turn higher. You can also deploy put spreads to exploit the downtrend.</p><p><b>The Trade</b>: Buy the Aug $290/$270 put spread for $6.</p><p>The risk is $6, and the reward is $14 if DE sits below $270 at expiration.</p></body></html>","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>3 Large-Cap Stocks to Sell Now</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 Large-Cap Stocks to Sell Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-13 23:23 GMT+8 <a href=https://investorplace.com/large-cap-stocks-to-sell/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These industry leaders are all top large-cap stocks to sell before bigger losses arrive.Nvidia(NVDA): Semiconductors have lagged the recovery in growth stocks, pointing to more pain.Adobe(ADBE): SAAS ...</p>\n\n<a href=\"https://investorplace.com/large-cap-stocks-to-sell/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DE":"迪尔股份有限公司","NVDA":"英伟达","ADBE":"Adobe"},"source_url":"https://investorplace.com/large-cap-stocks-to-sell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157403160","content_text":"These industry leaders are all top large-cap stocks to sell before bigger losses arrive.Nvidia(NVDA): Semiconductors have lagged the recovery in growth stocks, pointing to more pain.Adobe(ADBE): SAAS stocks remain under pressure, and this stock is struggling at major resistance.Deere(DE): A major topping pattern looms ominously overhead, and there's plenty of room to fall.Earnings season is inbound, and investors are about to see how inflationary pressures and a downshift in economic activity have affected corporate profits. The recent surge in the U.S. dollar to a twenty-year high is also bound to play a negative role. To get ahead of what could cause bears to return with a vengeance, below are three large-cap stocks to sell before it’s too late.And it’s not just the deteriorating fundamentals that are cause for caution. The price action of these industry giants is ugly, even as many stocks are finally showing bottoming patterns. Downtrends have taken root across all time frames, and rallies continue to fail at overhead resistance levels. Until the tone changes, the path of resistance is lower.Let’s take a closer look and map out to capitalize on further pain.Nvidia (NVDA)Source: The thinkorswim® platform from TD AmeritradeYou’d be hard-pressed to find an industry chart that looks uglier than semiconductors. Even with the recent rebound in growth stocks, semis haven’t been able to pull out of their downtrend. Nvidia(NASDAQ:NVDA) has set the bearish tone as the largest player in the space. Its trend sunk to a new 52-week low last week at $140.55, and though a four-day rally arrived, it only got as high as its declining 20-day moving average. This area halted the last advance and is a common gathering ground for sellers.Bulls will say that with NVDA stock already down nearly 50%, a recession and other headwinds buffeting the stock are priced in. But you could have speculated the same thing when Nvidia was down 30% and 40%. Yet it went lower. The same risk remains. Until the trend changes, this is a stock to sell into strength.To capitalize on the next descent, consider buying put spreads.The Trade: Buy the Aug $150/$140 bear put spread for $3.75.You’re risking $3.75 to make $6.25 if NVDA sits below $140 at expiration.Adobe (ADBE)Source: The thinkorswim® platform from TD AmeritradeAdobe(NASDAQ:ADBE) shares have been laid low this year, and despite a respectable bounce off the lows, prices are struggling with stiff resistance at $400. In midday trading Tuesday, ADBE is forming a nasty reversal candle that signals the beginning of its next down-leg.The declining 50-day moving average allows for tight stop placement, and if prices retest last month’s lows ($338), then there’s a lot of potential reward for new short trades. We’ve seen nothing but underwhelming numbers and down gaps over the past three reports on the earnings front. The consistent disappointment backs up the bear case.Throw it all together, and Adobe is one of the more obvious large-cap stocks to sell now. Here’s an option spread to profit from its pain.The Trade: Buy the Aug $360/$340 put spread for $5.You’re risking $5 to make $15 if prices sink below $340 by expiration.Deere (DE)Source: The thinkorswim® platform from TD AmeritradeDeere(NYSE:DE) rounds out today’s large-cap stocks to sell with a freshly completed topping pattern that was one year in the making. The length of the top and significance of the $320 broken support zone mean future rallies will be highly suspect. At the same time, DE stock rallied so far during the recovery that it created very few support levels.Many stocks have roundtripped the post-pandemic recovery, returning to the breakout areas from late 2020. But Deere isn’t even close. That leaves ample room for prices to unwind if participants feel a similar reset is warranted. The May earnings report sent prices plunging, and we’ve seen weak action every since. If that weren’t enough, DE stock has underperformed the S&P 500 during the past month’s bounce, making it an easy target for bears seeking relative weakness.Consider selling Deere shares and only revisiting it if the technicals turn higher. You can also deploy put spreads to exploit the downtrend.The Trade: Buy the Aug $290/$270 put spread for $6.The risk is $6, and the reward is $14 if DE sits below $270 at expiration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","crmLevel":2,"crmLevelSwitch":0,"idStr":"3582677971530678","authorIdStr":"3582677971530678"},"content":"Fear is rising.","text":"Fear is rising.","html":"Fear is rising."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932741746,"gmtCreate":1662996942286,"gmtModify":1676537179422,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9932741746","repostId":"2266932667","repostType":4,"repost":{"id":"2266932667","pubTimestamp":1662996066,"share":"https://ttm.financial/m/news/2266932667?lang=&edition=fundamental","pubTime":"2022-09-12 23:21","market":"us","language":"en","title":"Google Completes Acquisition of Mandiant","url":"https://stock-news.laohu8.com/highlight/detail?id=2266932667","media":"StreetInsider","summary":"Google LLC today announced the completion of its acquisition of Mandiant, Inc. (NASDAQ: MNDT), a rec","content":"<html><head></head><body><p>Google LLC today announced the completion of its acquisition of <a href=\"https://laohu8.com/S/MNDT\">Mandiant</a>, Inc. (NASDAQ: MNDT), a recognized leader in dynamic cyber defense, threat intelligence and incident response services. Mandiant will join Google Cloud and retain the Mandiant brand.</p><p>Google and Mandiant share a long commitment to industry-leading security. Over the past two decades, Google has innovated to build some of the most secure computing systems in the world. Google Cloud customers and partners benefit from these pioneering security capabilities including world-class threat intelligence, zero trust architecture, and planet-scale analytics for security operations. Mandiant, which is known for delivering unparalleled frontline expertise and industry-leading threat intelligence, is a proven first responder to the world's largest cybersecurity incidents. Mandiant's services, delivered by their team of security and intelligence individuals spread across 22 countries, are widely recognized for helping top enterprises and organizations prepare for and react to cybersecurity incidents.</p><p>With this acquisition, Google Cloud and Mandiant will deliver an end-to-end security operations suite with even greater capabilities to support customers across their cloud and on-premise environments.</p><p>"The completion of this acquisition will enable us to deliver a comprehensive and best-in-class cybersecurity solution," said Thomas Kurian, CEO of Google Cloud. "We believe this acquisition creates incredible value for our customers and the security industry at large. Together, Google Cloud and Mandiant will help reinvent how organizations protect themselves, as well as detect and respond to threats."</p><p>Organizations today are facing cybersecurity challenges that have accelerated in frequency, severity and diversity, creating a global security imperative. Enterprises need to be able to detect and respond to malicious actors quickly, with actionable threat intelligence to continually protect their organizations against new attacks.</p><p>"Mandiant is driven by a mission to make every organization secure from cyber threats and confident in their readiness," said Kevin Mandia, CEO, Mandiant. "Combining our 18 years of threat intelligence and incident response experience with Google Cloud's security expertise presents an incredible opportunity to deliver with the speed and scale that the security industry needs."</p><p>Hear from others on the impact of this acquisition:</p><ul><li>"The power of stronger partnerships across the cybersecurity ecosystem is critical to driving value for clients and protecting industries around the globe. The combination of Google Cloud and Mandiant and their commitment to multi-cloud will further support increased collaboration, driving innovation across the cybersecurity industry and augmenting threat research capabilities. We look forward to working with them on this mission." - Paolo Dal Cin, Global Lead, Accenture Security</li><li>"Google's acquisition of Mandiant, a leader in threat intelligence, security advisory, consulting and incident response services will allow Google Cloud to deliver an end-to-end security operations suite with even greater capabilities and services to support customers in their security transformation across cloud and on-premise environments." - Craig Robinson, Research <a href=\"https://laohu8.com/S/VP..UK\">VP</a>, Security Services, IDC</li><li>"Bringing together Mandiant and Google Cloud, two long-time cybersecurity leaders, will advance how companies identify and defend against threats. We look forward to the impact of this acquisition, both for the security industry and the protection of our customers." - Andy Schworer, Director, Cyber Defense Engineering, Uber</li></ul></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Completes Acquisition of Mandiant</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\">\nGoogle Completes Acquisition of Mandiant\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-12 23:21 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=20573208><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google LLC today announced the completion of its acquisition of Mandiant, Inc. (NASDAQ: MNDT), a recognized leader in dynamic cyber defense, threat intelligence and incident response services. ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20573208\">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","MNDT":"Mandiant"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20573208","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266932667","content_text":"Google LLC today announced the completion of its acquisition of Mandiant, Inc. (NASDAQ: MNDT), a recognized leader in dynamic cyber defense, threat intelligence and incident response services. Mandiant will join Google Cloud and retain the Mandiant brand.Google and Mandiant share a long commitment to industry-leading security. Over the past two decades, Google has innovated to build some of the most secure computing systems in the world. Google Cloud customers and partners benefit from these pioneering security capabilities including world-class threat intelligence, zero trust architecture, and planet-scale analytics for security operations. Mandiant, which is known for delivering unparalleled frontline expertise and industry-leading threat intelligence, is a proven first responder to the world's largest cybersecurity incidents. Mandiant's services, delivered by their team of security and intelligence individuals spread across 22 countries, are widely recognized for helping top enterprises and organizations prepare for and react to cybersecurity incidents.With this acquisition, Google Cloud and Mandiant will deliver an end-to-end security operations suite with even greater capabilities to support customers across their cloud and on-premise environments.\"The completion of this acquisition will enable us to deliver a comprehensive and best-in-class cybersecurity solution,\" said Thomas Kurian, CEO of Google Cloud. \"We believe this acquisition creates incredible value for our customers and the security industry at large. Together, Google Cloud and Mandiant will help reinvent how organizations protect themselves, as well as detect and respond to threats.\"Organizations today are facing cybersecurity challenges that have accelerated in frequency, severity and diversity, creating a global security imperative. Enterprises need to be able to detect and respond to malicious actors quickly, with actionable threat intelligence to continually protect their organizations against new attacks.\"Mandiant is driven by a mission to make every organization secure from cyber threats and confident in their readiness,\" said Kevin Mandia, CEO, Mandiant. \"Combining our 18 years of threat intelligence and incident response experience with Google Cloud's security expertise presents an incredible opportunity to deliver with the speed and scale that the security industry needs.\"Hear from others on the impact of this acquisition:\"The power of stronger partnerships across the cybersecurity ecosystem is critical to driving value for clients and protecting industries around the globe. The combination of Google Cloud and Mandiant and their commitment to multi-cloud will further support increased collaboration, driving innovation across the cybersecurity industry and augmenting threat research capabilities. We look forward to working with them on this mission.\" - Paolo Dal Cin, Global Lead, Accenture Security\"Google's acquisition of Mandiant, a leader in threat intelligence, security advisory, consulting and incident response services will allow Google Cloud to deliver an end-to-end security operations suite with even greater capabilities and services to support customers in their security transformation across cloud and on-premise environments.\" - Craig Robinson, Research VP, Security Services, IDC\"Bringing together Mandiant and Google Cloud, two long-time cybersecurity leaders, will advance how companies identify and defend against threats. We look forward to the impact of this acquisition, both for the security industry and the protection of our customers.\" - Andy Schworer, Director, Cyber Defense Engineering, Uber","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088084818,"gmtCreate":1650290851245,"gmtModify":1676534687967,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088084818","repostId":"1112229147","repostType":4,"repost":{"id":"1112229147","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1650290506,"share":"https://ttm.financial/m/news/1112229147?lang=&edition=fundamental","pubTime":"2022-04-18 22:01","market":"us","language":"en","title":"Crypto Stocks Fell in Morning Trading,With BIT Mining and Marathon Digital Sliding Around 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1112229147","media":"Tiger Newspress","summary":"Crypto stocks fell in morning trading,with BIT Mining and Marathon Digital sliding around 4%.Bitcoin","content":"<html><head></head><body><p>Crypto stocks fell in morning trading,with BIT Mining and Marathon Digital sliding around 4%.<img src=\"https://static.tigerbbs.com/4fd11c05407bfd0d21e4453c149a6a95\" tg-width=\"322\" tg-height=\"401\" width=\"100%\" height=\"auto\"/>Bitcoin dumped to a monthly low beneath $39,000, and the crypto market cap declined by about $80 billion in a day.</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>Crypto Stocks Fell in Morning Trading,With BIT Mining and Marathon Digital Sliding Around 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Stocks Fell in Morning Trading,With BIT Mining and Marathon Digital Sliding Around 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-18 22:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto stocks fell in morning trading,with BIT Mining and Marathon Digital sliding around 4%.<img src=\"https://static.tigerbbs.com/4fd11c05407bfd0d21e4453c149a6a95\" tg-width=\"322\" tg-height=\"401\" width=\"100%\" height=\"auto\"/>Bitcoin dumped to a monthly low beneath $39,000, and the crypto market cap declined by about $80 billion in a day.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTCM":"BIT Mining","MARA":"Marathon Digital Holdings Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112229147","content_text":"Crypto stocks fell in morning trading,with BIT Mining and Marathon Digital sliding around 4%.Bitcoin dumped to a monthly low beneath $39,000, and the crypto market cap declined by about $80 billion in a day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022280161,"gmtCreate":1653530898053,"gmtModify":1676535299641,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022280161","repostId":"2238545251","repostType":4,"repost":{"id":"2238545251","pubTimestamp":1653520707,"share":"https://ttm.financial/m/news/2238545251?lang=&edition=fundamental","pubTime":"2022-05-26 07:18","market":"us","language":"en","title":"After-Hours Stock Movers: Twitter Climbs After Musk Increases Commitment to $33.5B","url":"https://stock-news.laohu8.com/highlight/detail?id=2238545251","media":"StreetInsider","summary":"After-Hours Stock MoversNutanix 30% LOWER; reported Q3 EPS of ($0.41), $0.19 worse than the analyst ","content":"<html><head></head><body><p>After-Hours Stock Movers</p><p><a href=\"https://laohu8.com/S/NTNX\">Nutanix</a> 30% LOWER; reported Q3 EPS of ($0.41), $0.19 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $403.7 million versus the consensus estimate of $397.87 million. Nutanix sees Q4 2022 revenue of $340-360 million, versus the consensus of $439.44 million. Nutanix sees FY2022 revenue of $1.535-1.555 billion, versus the consensus of $1.63 billion.</p><p><a href=\"https://laohu8.com/S/WSM\">Williams-Sonoma</a> 9% HIGHER; reported Q1 EPS of $3.50, $0.62 better than the analyst estimate of $2.88. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.8 billion.</p><p><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> 13% LOWER; reported Q1 EPS of ($0.53), which may not compare to the analyst estimate of $0.01. Revenue for the quarter came in at $422.4 million versus the consensus estimate of $412.76 million. Sees Q2 product revenue of $435-$440 million.</p><p><a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a> 6% LOWER; reported Q1 EPS of $1.36, $0.07 better than the analyst estimate of $1.29. Revenue for the quarter came in at $8.29 billion versus the consensus estimate of $8.12 billion. NVIDIA sees Q2 2023 revenue of $8.1 billion, versus the consensus of $8.45 billion.</p><p><a href=\"https://laohu8.com/S/GES\">Guess?</a> 3% HIGHER; reported Q1 EPS of $0.24, $0.05 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $593 million versus the consensus estimate of $584.39 million. Entered Into $175 Million Accelerated Share Repurchase Arrangement</p><p><a href=\"https://laohu8.com/S/TWTR\">Twitter Inc.</a> 5.6% HIGHER; Musk will secure an additional $6.25 billion in equity financing and reduce the margin loan to zero to fund the acquisition of the social media player.</p><p><a href=\"https://laohu8.com/S/DDOG\">Datadog Inc.</a> 5% LOWER; falls on Snowflake's results and outlook.</p><p><a href=\"https://laohu8.com/S/RH\">RH</a> 4% HIGHER; gains on results Williams-Sonoma.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After-Hours Stock Movers: Twitter Climbs After Musk Increases Commitment to $33.5B</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\">\nAfter-Hours Stock Movers: Twitter Climbs After Musk Increases Commitment to $33.5B\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-26 07:18 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=20131844><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock MoversNutanix 30% LOWER; reported Q3 EPS of ($0.41), $0.19 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $403.7 million versus the consensus estimate...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20131844\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4178":"家庭装饰零售","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓","BK4543":"AI","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4141":"半导体产品","SNOW":"Snowflake","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","NVDA":"英伟达","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","NTNX":"Nutanix Inc.","BK4549":"软银资本持仓","WSM":"Williams-Sonoma Inc","BK4548":"巴美列捷福持仓","BK4529":"IDC概念"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20131844","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238545251","content_text":"After-Hours Stock MoversNutanix 30% LOWER; reported Q3 EPS of ($0.41), $0.19 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $403.7 million versus the consensus estimate of $397.87 million. Nutanix sees Q4 2022 revenue of $340-360 million, versus the consensus of $439.44 million. Nutanix sees FY2022 revenue of $1.535-1.555 billion, versus the consensus of $1.63 billion.Williams-Sonoma 9% HIGHER; reported Q1 EPS of $3.50, $0.62 better than the analyst estimate of $2.88. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.8 billion.Snowflake 13% LOWER; reported Q1 EPS of ($0.53), which may not compare to the analyst estimate of $0.01. Revenue for the quarter came in at $422.4 million versus the consensus estimate of $412.76 million. Sees Q2 product revenue of $435-$440 million.NVIDIA 6% LOWER; reported Q1 EPS of $1.36, $0.07 better than the analyst estimate of $1.29. Revenue for the quarter came in at $8.29 billion versus the consensus estimate of $8.12 billion. NVIDIA sees Q2 2023 revenue of $8.1 billion, versus the consensus of $8.45 billion.Guess? 3% HIGHER; reported Q1 EPS of $0.24, $0.05 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $593 million versus the consensus estimate of $584.39 million. Entered Into $175 Million Accelerated Share Repurchase ArrangementTwitter Inc. 5.6% HIGHER; Musk will secure an additional $6.25 billion in equity financing and reduce the margin loan to zero to fund the acquisition of the social media player.Datadog Inc. 5% LOWER; falls on Snowflake's results and outlook.RH 4% HIGHER; gains on results Williams-Sonoma.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011681275,"gmtCreate":1648861536657,"gmtModify":1676534412398,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011681275","repostId":"2224134076","repostType":4,"repost":{"id":"2224134076","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":1648853352,"share":"https://ttm.financial/m/news/2224134076?lang=&edition=fundamental","pubTime":"2022-04-02 06:49","market":"us","language":"en","title":"US STOCKS-Wall St Posts Modest Gains as Jobs Report Keeps Fed Hikes on Track","url":"https://stock-news.laohu8.com/highlight/detail?id=2224134076","media":"Reuters","summary":"* Unemployment drops to 3.6% vs estimate of 3.7%* Nonfarm payrolls rose by 431,000 jobs last month* GameStop seeks share split* Dow up 0.4%, S&P 500 up 0.3%, Nasdaq up 0.3%(Reuters) - The S&P 500 rose","content":"<html><head></head><body><p>* Unemployment drops to 3.6% vs estimate of 3.7%</p><p>* Nonfarm payrolls rose by 431,000 jobs last month</p><p>* GameStop seeks share split</p><p>* Dow up 0.4%, S&P 500 up 0.3%, Nasdaq up 0.3%</p><p>(Reuters) - The S&P 500 rose modestly to kick off the second quarter on Friday, as the monthly jobs report indicated a strong labor market and is likely to keep the Federal Reserve on track to maintain its hawkish policy stance.</p><p>The Labor Department's employment report showed a rapid hiring pace by employers while wages continued to climb, although not enough to keep pace with inflation.</p><p>U.S. employers added 431,000 jobs in March, which was shy of the 490,000 estimate but still showed strong job gains. The unemployment rate dropped to 3.6%, a new two-year low while average hourly earnings rose 5.6% on a year-over-year basis.</p><p>The report heightened expectations that the central bank is likely to become more aggressive in raising interest rates as it seeks to curb inflation as it unwinds its easy monetary policy.</p><p>"Job gains were broad, more people are going back to the office," said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>"If other data between now and the next Fed meeting stay this rosy, the Fed will likely feel comfortable hiking by 50 basis points and announcing an aggressive rundown of its balance sheet."</p><p>The Dow Jones Industrial Average rose 139.92 points, or 0.4%, to 34,818.27, the S&P 500 gained 15.45 points, or 0.34%, to 4,545.86 and the Nasdaq Composite added 40.98 points, or 0.29%, to 14,261.50.</p><p>The defensive real estate, utilities and consumer staples were the best performing sectors on the day, with each rising more than 1%.</p><p>For the week, the Dow slipped 0.1%, the S&P edged up 0.1% and the Nasdaq advanced 0.7%.</p><p>Expectations for a 50-basis point interest rate hike at the central bank's May meeting stand at 73.3%, according to CME's FedWatch Tool.</p><p>At its March meeting, the Fed raised rates by 25 basis 25 basis points, its first hike since 2018, and a host of central bank policymakers have indicated they are prepared for bigger rate hikes.</p><p>Chicago Federal Reserve President Charles Evans said on Friday he does not see a big risk in using "some" half-point rate hikes to bring borrowing costs to neutral sooner as long as the objective was not to raise rates much faster and push them higher.</p><p>Other data on Friday showed U.S. manufacturing activity unexpectedly slowed in March, although it remained firmly in expansion territory, as tight supply chains continued to put upward pressure on input prices.</p><p>In the wake of the payrolls report, U.S. Treasury yields jumped and a closely watched part of the yield curve between two-year and 10-year notes, seen by many as a reliable indicator of a recession, inverted for the third time this week.</p><p>The S&P 500 closed out the first quarter on Thursday with its biggest quarterly decline since the COVID-19 pandemic in the U.S. was reaching full swing on concerns about rising prices, fueled further by the war in Ukraine, and the Fed's response could slow economic growth. However, stocks rebounded somewhat in March, as the benchmark index gained 3.6%.</p><p>April tends to be a strong month for stocks, with its last monthly decline in 2012. Ryan Detrick, chief market strategist at LPL Financial, notes that April has the best performance on average of all months since 1950.</p><p>Video game retailer <a href=\"https://laohu8.com/S/GME\">GameStop Corp</a>, part of the "meme stock" trading frenzy last year, gave up early gains and ended down 0.95% after announcing a plan to seek shareholder approval for a stock split.</p><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a> dipped 0.17% after J.P. Morgan removed the stock from its analyst "focus list" along with <a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a>, which slumped 3.81%.</p><p>Volume on U.S. exchanges was 11.45 billion shares, compared with the 13.78 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Posts Modest Gains as Jobs Report Keeps Fed Hikes on Track</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Posts Modest Gains as Jobs Report Keeps Fed Hikes on Track\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-04-02 06:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Unemployment drops to 3.6% vs estimate of 3.7%</p><p>* Nonfarm payrolls rose by 431,000 jobs last month</p><p>* GameStop seeks share split</p><p>* Dow up 0.4%, S&P 500 up 0.3%, Nasdaq up 0.3%</p><p>(Reuters) - The S&P 500 rose modestly to kick off the second quarter on Friday, as the monthly jobs report indicated a strong labor market and is likely to keep the Federal Reserve on track to maintain its hawkish policy stance.</p><p>The Labor Department's employment report showed a rapid hiring pace by employers while wages continued to climb, although not enough to keep pace with inflation.</p><p>U.S. employers added 431,000 jobs in March, which was shy of the 490,000 estimate but still showed strong job gains. The unemployment rate dropped to 3.6%, a new two-year low while average hourly earnings rose 5.6% on a year-over-year basis.</p><p>The report heightened expectations that the central bank is likely to become more aggressive in raising interest rates as it seeks to curb inflation as it unwinds its easy monetary policy.</p><p>"Job gains were broad, more people are going back to the office," said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>"If other data between now and the next Fed meeting stay this rosy, the Fed will likely feel comfortable hiking by 50 basis points and announcing an aggressive rundown of its balance sheet."</p><p>The Dow Jones Industrial Average rose 139.92 points, or 0.4%, to 34,818.27, the S&P 500 gained 15.45 points, or 0.34%, to 4,545.86 and the Nasdaq Composite added 40.98 points, or 0.29%, to 14,261.50.</p><p>The defensive real estate, utilities and consumer staples were the best performing sectors on the day, with each rising more than 1%.</p><p>For the week, the Dow slipped 0.1%, the S&P edged up 0.1% and the Nasdaq advanced 0.7%.</p><p>Expectations for a 50-basis point interest rate hike at the central bank's May meeting stand at 73.3%, according to CME's FedWatch Tool.</p><p>At its March meeting, the Fed raised rates by 25 basis 25 basis points, its first hike since 2018, and a host of central bank policymakers have indicated they are prepared for bigger rate hikes.</p><p>Chicago Federal Reserve President Charles Evans said on Friday he does not see a big risk in using "some" half-point rate hikes to bring borrowing costs to neutral sooner as long as the objective was not to raise rates much faster and push them higher.</p><p>Other data on Friday showed U.S. manufacturing activity unexpectedly slowed in March, although it remained firmly in expansion territory, as tight supply chains continued to put upward pressure on input prices.</p><p>In the wake of the payrolls report, U.S. Treasury yields jumped and a closely watched part of the yield curve between two-year and 10-year notes, seen by many as a reliable indicator of a recession, inverted for the third time this week.</p><p>The S&P 500 closed out the first quarter on Thursday with its biggest quarterly decline since the COVID-19 pandemic in the U.S. was reaching full swing on concerns about rising prices, fueled further by the war in Ukraine, and the Fed's response could slow economic growth. However, stocks rebounded somewhat in March, as the benchmark index gained 3.6%.</p><p>April tends to be a strong month for stocks, with its last monthly decline in 2012. Ryan Detrick, chief market strategist at LPL Financial, notes that April has the best performance on average of all months since 1950.</p><p>Video game retailer <a href=\"https://laohu8.com/S/GME\">GameStop Corp</a>, part of the "meme stock" trading frenzy last year, gave up early gains and ended down 0.95% after announcing a plan to seek shareholder approval for a stock split.</p><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a> dipped 0.17% after J.P. Morgan removed the stock from its analyst "focus list" along with <a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a>, which slumped 3.81%.</p><p>Volume on U.S. exchanges was 11.45 billion shares, compared with the 13.78 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2224134076","content_text":"* Unemployment drops to 3.6% vs estimate of 3.7%* Nonfarm payrolls rose by 431,000 jobs last month* GameStop seeks share split* Dow up 0.4%, S&P 500 up 0.3%, Nasdaq up 0.3%(Reuters) - The S&P 500 rose modestly to kick off the second quarter on Friday, as the monthly jobs report indicated a strong labor market and is likely to keep the Federal Reserve on track to maintain its hawkish policy stance.The Labor Department's employment report showed a rapid hiring pace by employers while wages continued to climb, although not enough to keep pace with inflation.U.S. employers added 431,000 jobs in March, which was shy of the 490,000 estimate but still showed strong job gains. The unemployment rate dropped to 3.6%, a new two-year low while average hourly earnings rose 5.6% on a year-over-year basis.The report heightened expectations that the central bank is likely to become more aggressive in raising interest rates as it seeks to curb inflation as it unwinds its easy monetary policy.\"Job gains were broad, more people are going back to the office,\" said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.\"If other data between now and the next Fed meeting stay this rosy, the Fed will likely feel comfortable hiking by 50 basis points and announcing an aggressive rundown of its balance sheet.\"The Dow Jones Industrial Average rose 139.92 points, or 0.4%, to 34,818.27, the S&P 500 gained 15.45 points, or 0.34%, to 4,545.86 and the Nasdaq Composite added 40.98 points, or 0.29%, to 14,261.50.The defensive real estate, utilities and consumer staples were the best performing sectors on the day, with each rising more than 1%.For the week, the Dow slipped 0.1%, the S&P edged up 0.1% and the Nasdaq advanced 0.7%.Expectations for a 50-basis point interest rate hike at the central bank's May meeting stand at 73.3%, according to CME's FedWatch Tool.At its March meeting, the Fed raised rates by 25 basis 25 basis points, its first hike since 2018, and a host of central bank policymakers have indicated they are prepared for bigger rate hikes.Chicago Federal Reserve President Charles Evans said on Friday he does not see a big risk in using \"some\" half-point rate hikes to bring borrowing costs to neutral sooner as long as the objective was not to raise rates much faster and push them higher.Other data on Friday showed U.S. manufacturing activity unexpectedly slowed in March, although it remained firmly in expansion territory, as tight supply chains continued to put upward pressure on input prices.In the wake of the payrolls report, U.S. Treasury yields jumped and a closely watched part of the yield curve between two-year and 10-year notes, seen by many as a reliable indicator of a recession, inverted for the third time this week.The S&P 500 closed out the first quarter on Thursday with its biggest quarterly decline since the COVID-19 pandemic in the U.S. was reaching full swing on concerns about rising prices, fueled further by the war in Ukraine, and the Fed's response could slow economic growth. However, stocks rebounded somewhat in March, as the benchmark index gained 3.6%.April tends to be a strong month for stocks, with its last monthly decline in 2012. Ryan Detrick, chief market strategist at LPL Financial, notes that April has the best performance on average of all months since 1950.Video game retailer GameStop Corp, part of the \"meme stock\" trading frenzy last year, gave up early gains and ended down 0.95% after announcing a plan to seek shareholder approval for a stock split.Apple Inc dipped 0.17% after J.P. Morgan removed the stock from its analyst \"focus list\" along with Qualcomm, which slumped 3.81%.Volume on U.S. exchanges was 11.45 billion shares, compared with the 13.78 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934888998,"gmtCreate":1663216884014,"gmtModify":1676537230342,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9934888998","repostId":"1113376853","repostType":4,"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930626088,"gmtCreate":1661953774546,"gmtModify":1676536610904,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930626088","repostId":"1108607478","repostType":4,"repost":{"id":"1108607478","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1661953370,"share":"https://ttm.financial/m/news/1108607478?lang=&edition=fundamental","pubTime":"2022-08-31 21:42","market":"us","language":"en","title":"Netflix Stock Surges 5% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108607478","media":"Tiger Newspress","summary":"Netflix Hires Two Top Ad Executives From Snap","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NFLX\">Netflix Inc</a> lured two of <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>'s top executives to lead its advertising sales team, the company announced Tuesday, poaching two people that lent the social media company credibility with brand marketers.</p><p>Netflix Stock Surges 5% in Morning Trading.</p><p><img src=\"https://static.tigerbbs.com/8785ac37e24e55cc734480be43df58c9\" tg-width=\"837\" tg-height=\"665\" width=\"100%\" height=\"auto\"/></p><p>Netflix confirmed it hired Snap's chief business officer, Jeremi Gorman, as its new president of worldwide advertising. It also brought in Snap's vice president of ad sales, Peter Naylor, in the same role at the streaming service.</p><p>The hiring of these two veterans signals Netflix's commitment to building an ad-supported version of the company's streaming service, which is expected to launch next year.</p><p>"You have two executives that are incredibly well positioned to help Netflix move quickly," said LightShed Partners partner Rich Greenfield. "They have incredible relationships with brands and advertisers who will want to advertise on Netflix."</p><p>Gorman is a well-respected executive who previously spent six years at Amazon.com. She arrived at Snap in 2018, at a time when the service was losing executives. Her arrival was seen as bringing credibility to Snap's ad-sales business.</p><p>Naylor served as Hulu's senior vice president of ad sales for six years before joining Snap in 2020. He attempted to help Snap capture more television ad dollars.</p><p>Snap confirmed the executive departures but declined to comment further.</p><p>Netflix has been assembling the pieces to launch a less-expensive version of its streaming service with commercials. In July, it announced a partnership with Microsoft Corp to provide ad technology. The new executives will bring established relationships with advertisers looking to advertise on Netflix.</p><p>"It sends a message that Netflix is really serious about building an ad business quickly," Greenfield said.</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>Netflix Stock Surges 5% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Stock Surges 5% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-31 21:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/NFLX\">Netflix Inc</a> lured two of <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>'s top executives to lead its advertising sales team, the company announced Tuesday, poaching two people that lent the social media company credibility with brand marketers.</p><p>Netflix Stock Surges 5% in Morning Trading.</p><p><img src=\"https://static.tigerbbs.com/8785ac37e24e55cc734480be43df58c9\" tg-width=\"837\" tg-height=\"665\" width=\"100%\" height=\"auto\"/></p><p>Netflix confirmed it hired Snap's chief business officer, Jeremi Gorman, as its new president of worldwide advertising. It also brought in Snap's vice president of ad sales, Peter Naylor, in the same role at the streaming service.</p><p>The hiring of these two veterans signals Netflix's commitment to building an ad-supported version of the company's streaming service, which is expected to launch next year.</p><p>"You have two executives that are incredibly well positioned to help Netflix move quickly," said LightShed Partners partner Rich Greenfield. "They have incredible relationships with brands and advertisers who will want to advertise on Netflix."</p><p>Gorman is a well-respected executive who previously spent six years at Amazon.com. She arrived at Snap in 2018, at a time when the service was losing executives. Her arrival was seen as bringing credibility to Snap's ad-sales business.</p><p>Naylor served as Hulu's senior vice president of ad sales for six years before joining Snap in 2020. He attempted to help Snap capture more television ad dollars.</p><p>Snap confirmed the executive departures but declined to comment further.</p><p>Netflix has been assembling the pieces to launch a less-expensive version of its streaming service with commercials. In July, it announced a partnership with Microsoft Corp to provide ad technology. The new executives will bring established relationships with advertisers looking to advertise on Netflix.</p><p>"It sends a message that Netflix is really serious about building an ad business quickly," Greenfield said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108607478","content_text":"Netflix Inc lured two of Snap Inc's top executives to lead its advertising sales team, the company announced Tuesday, poaching two people that lent the social media company credibility with brand marketers.Netflix Stock Surges 5% in Morning Trading.Netflix confirmed it hired Snap's chief business officer, Jeremi Gorman, as its new president of worldwide advertising. It also brought in Snap's vice president of ad sales, Peter Naylor, in the same role at the streaming service.The hiring of these two veterans signals Netflix's commitment to building an ad-supported version of the company's streaming service, which is expected to launch next year.\"You have two executives that are incredibly well positioned to help Netflix move quickly,\" said LightShed Partners partner Rich Greenfield. \"They have incredible relationships with brands and advertisers who will want to advertise on Netflix.\"Gorman is a well-respected executive who previously spent six years at Amazon.com. She arrived at Snap in 2018, at a time when the service was losing executives. Her arrival was seen as bringing credibility to Snap's ad-sales business.Naylor served as Hulu's senior vice president of ad sales for six years before joining Snap in 2020. He attempted to help Snap capture more television ad dollars.Snap confirmed the executive departures but declined to comment further.Netflix has been assembling the pieces to launch a less-expensive version of its streaming service with commercials. In July, it announced a partnership with Microsoft Corp to provide ad technology. The new executives will bring established relationships with advertisers looking to advertise on Netflix.\"It sends a message that Netflix is really serious about building an ad business quickly,\" Greenfield said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046338665,"gmtCreate":1656295810857,"gmtModify":1676535801007,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046338665","repostId":"1184080362","repostType":4,"repost":{"id":"1184080362","pubTimestamp":1656283742,"share":"https://ttm.financial/m/news/1184080362?lang=&edition=fundamental","pubTime":"2022-06-27 06:49","market":"us","language":"en","title":"Stocks Pace Towards Worst Start since 1970: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184080362","media":"Yahoo Finance","summary":"The week ahead will bring to an end the second quarter and the first half of what has been a challen","content":"<html><head></head><body><p>The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.</p><p>Several key economic reports, including core PCE inflation – the Federal Reserve's preferred measure of consumer prices – are on tap, along with earnings from Nike (NKE), Jefferies (JEF), Micron Technology (MU), and Bed Bath & Beyond (BBBY).</p><p>The S&P 500 rose by more than 3% on Friday and gained over 6% for the week, its second-best week this year and its first weekly rise since late May.</p><p>The benchmark index still remains on pace for one its worst opening six months since 1970. Only five times since 1932 has the S&P 500 lost 15% or more in the first six months of a year; through Friday's close, the benchmark index was down just under 18%.</p><p>“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.</p><p>And indeed, investors remain generally optimistic that a rebound is ahead despite this year’s downturn.</p><p>Although analysts have lowered their price targets on S&P 500 companies in recent months — bringing the consensus bottom-up target price for the index below 5,000 for the first time since August 2021 — the estimate of 4,987.28 as of June 23 remains 31.4% above the closing price of the same day’s closing price of 3,795.73,according to data from FactSet.</p><p>This suggests analysts expect the index to rise by more than 30% in the next 12 months.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec36198085b4a3361002d2db9a792adf\" tg-width=\"960\" tg-height=\"556\" width=\"100%\" height=\"auto\"/><span>The S&P 500 bottom-up target price. vs. closing price over the past 12 months.</span></p><p>J.P. Morgan strategist Marko Kolanovic indicated in a note to clients Friday that U.S. equities may climb as much as 7% next week as investors rebalance portfolios amid the end of the month, second quarter, and first half of the year.</p><p>“Next week’s rebalance is important since equity markets were down significantly over the past month, quarter and six-month time period,” Kolanovic said. "On top of that, the market is in an oversold condition, cash balances are at record levels, and recent market shorting activity reached levels not seen since 2008."</p><p>On the economic calendar, personal consumption expenditures (PCE) data will be closely watched by traders this week. The Bureau of Economic Analysis will release its monthly PCE deflator on Thursday, giving investors the latest view on inflation across the U.S. economy as the Federal Reserve moves up its key benchmark interest rate to tame price increases.</p><p>Economists surveyed by Bloomberg expect PCE to rise 0.7% in May compared to 0.2% the prior month. On a year-over-year basis, the PCE deflator is expected to accelerate 6.4%, up from a climb of 6.3% in April.</p><p>The core PCE index, which strips out the cost of food and energy, is expected to hold steady from the prior month’s print. Economists are looking for a 5.1% increase in core PCE in May, compared to April’s 5.1% rise.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a3c816f919804bca939b29921c02462\" tg-width=\"960\" tg-height=\"644\" width=\"100%\" height=\"auto\"/><span>U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. REUTERS/Mary F. Calvert</span></p><p>The latest PCE data will come as the U.S. central bank’s fight against inflation looks increasingly more complex, with a growing number of economists and strategists on Wall Street suggesting that the Fed will not be able to rein in prices without tipping the economy into a recession.</p><p>“I do worry that the probability of a soft landing, which means you bring down inflation without unduly hurting growth and employment, has declined significantly because of a series of Federal Reserve mistakes,” economist Mohamed El-Erian told Yahoo Finance Live last week.</p><p>Elsewhere on the economic calendar, investors will keep a close eye on durable goods figures on Monday, the Conference Board’s consumer confidence reading out Tuesday, and several reports on manufacturing and housing throughout the week. Investors will also get a third and final read on first quarter GDP.</p><p>On the earnings side, reports from Nike (NKE), Bed Bath & Beyond (BBBY), Jefferies (JEF), and Micron Technology (MU) will feature.</p><p>—</p><p><b>Economic calendar</b></p><p><b>Monday:</b><b><i>Durable Goods Orders</i></b>, May preliminary (0.2% expected, 0.5% during prior month); <b><i>Durables Excluding Transportation</i></b>, May preliminary (0.3% expected, 0.4% during prior month); <b><i>Pending Home Sales</i></b>, month-over-month, May (-3.9% expected, -3.9% during prior month);<b><i>Pending Home Sales NSA</i></b>, year-over-year, April (-11.5% during prior month); <b><i>Dallas Fed Manufacturing Activity</i></b>, June (-6.5 expected, -7.3 during prior month)</p><p><b>Tuesday:</b><b><i>Advance Goods Trade Balance</i></b>, May (-$105.4 billion expected, -$105.9 billion during prior month, revised to -$106.7 billion); <b><i>Wholesale Inventories</i></b>, month-over-month, May preliminary (2.2% expected, 2.2% during previous month); <b><i>Retail Inventories</i></b>, month-over-month, May (1.6 expected, 0.7% during prior month); <b><i>FHFA Housing Pricing Index</i></b>, April (1.6% expected, 1.5% during prior month); <b><i>S&P CoreLogic Case-Shiller 20-City Composite</i></b>, month-over-month, April (1.85% expected, 2.42% during prior month); <b><i>S&P CoreLogic Case-Shiller 20-City Composite</i></b>, year-over-year, April (21.20% expected, 21.17% during prior month); <b><i>S&P CoreLogic Case-Shiller U.S. National Home Price Index</i></b>, year-over-year, April (20.55% during prior month); <b><i>Conference Board Consumer Confidence</i></b>, June (100 expected, 106.4 during prior month); <b><i>Richmond Fed Manufacturing Index</i></b>, June (-5 expected, -9 during prior month)</p><p><b>Wednesday:</b><b><i>MBA Mortgage Applications</i></b>, week ended June 24 (-4.2% during prior week); <b><i>GDP Annualized</i></b>, quarter-over-quarter, 1Q third (-1.5% expected, -1.5% prior); <b><i>Personal Consumption</i></b>, quarter-over-quarter, 1Q third (3.1% expected, 3.1% prior); <b><i>GDP Price Index</i></b>, quarter-over-quarter, 1Q third (8.1% expected, 8.1% prior); <b><i>Core PCE</i></b>, quarter-over-quarter, 1Q second (5.1% expected, 5.1% prior)</p><p><b>Thursday:</b><b><i>Personal Income</i></b>, month-over-month, May (0.5% expected, 0.4% during prior month); <b><i>Personal Spending</i></b>, month-over-month, May (0.4% expected, 0.9% during prior month); <b><i>Real Personal Spending</i></b>, month-over-month, May (-0.2% expected, 0.7% during prior month);<b><i>Initial Jobless Claims</i></b>, week ended June 25 (230,000 expected, 229,000 during prior week); <b><i>Continuing Claims</i></b>, week ended June 18 (1.310 million expected, 1.315 million during prior week);<b><i>PCE Deflator</i></b>, month-over-month, May (0.7% expected, 0.2% during prior month); <b><i>PCE Deflator</i></b>, year-over-year, May (6.4% expected, 6.3% during prior month); <b><i>PCE Core Deflator</i></b>, month-over-month, May (0.4% expected, 0.3% during prior month); <b><i>PCE Core Deflator</i></b>, year-over-year, May (4.8% expected, 4.9% during prior month); <b><i>MNI Chicago PMI</i></b>, June (58 expected, 60.3 during prior month)</p><p><b>Friday:</b><b><i>S&P Global U.S. Manufacturing PMI</i></b>, June final (52.4 expected, 52.4 prior); <b><i>Construction Spending</i></b>, month-over-month, May (0.4% expected, 0.2% during prior month); <b><i>ISM Manufacturing</i></b>, June (54.7 expected, 56.1 during prior month); <b><i>ISM Prices Paid</i></b>, June (80.0 expected, 82.2 during prior month), ISM New Orders, June (55.1 during prior month); <b><i>ISM Employment,</i></b>June (49.6 during prior month); <b><i>Wards Total Vehicle Sales</i></b>, June (13.40 million, 12.68 during prior month)</p><p>—</p><p><b>Earnings calendar</b></p><p><b>Monday</b></p><p>Before market open:<i>No notable reports scheduled for release.</i></p><p>After market close:<b>Nike</b>(NKE), <b>Jefferies Financial Group</b>(JEF), <b>Trip.com Group</b>(TCOM)</p><p><b>Tuesday</b></p><p>Before market open:<i>No notable reports scheduled for release.</i></p><p>After market close: <b>AeroVironment</b>(AVAV)</p><p><b>Wednesday</b></p><p>Before market open: <b>Barnes & Noble Education</b>(BNED), <b>Bed Bath & Beyond</b>(BBBY), <b>General Mills</b>(GIS), <b>McCormick & Co.</b>(MKC), <b>Paychex</b>(PAYX)</p><p>After market close: <b>MillerKnoll</b>(MLKN)</p><p><b>Thursday</b></p><p>Before market open: <b>Constellation Brands</b>(STZ)</p><p>After market close: <b>Micron Technology</b>(MU), <b>Walgreens Boots Alliance</b>(WBA)</p><p><b>Friday</b></p><p><i>No notable reports scheduled for release.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Pace Towards Worst Start since 1970: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-27 06:49 GMT+8 <a href=https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.Several key economic reports, including core PCE inflation – the Federal ...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","WBA":"沃尔格林联合博姿","NKE":"耐克",".DJI":"道琼斯","BBBY":"3B家居",".IXIC":"NASDAQ Composite","MU":"美光科技"},"source_url":"https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184080362","content_text":"The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.Several key economic reports, including core PCE inflation – the Federal Reserve's preferred measure of consumer prices – are on tap, along with earnings from Nike (NKE), Jefferies (JEF), Micron Technology (MU), and Bed Bath & Beyond (BBBY).The S&P 500 rose by more than 3% on Friday and gained over 6% for the week, its second-best week this year and its first weekly rise since late May.The benchmark index still remains on pace for one its worst opening six months since 1970. Only five times since 1932 has the S&P 500 lost 15% or more in the first six months of a year; through Friday's close, the benchmark index was down just under 18%.“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.And indeed, investors remain generally optimistic that a rebound is ahead despite this year’s downturn.Although analysts have lowered their price targets on S&P 500 companies in recent months — bringing the consensus bottom-up target price for the index below 5,000 for the first time since August 2021 — the estimate of 4,987.28 as of June 23 remains 31.4% above the closing price of the same day’s closing price of 3,795.73,according to data from FactSet.This suggests analysts expect the index to rise by more than 30% in the next 12 months.The S&P 500 bottom-up target price. vs. closing price over the past 12 months.J.P. Morgan strategist Marko Kolanovic indicated in a note to clients Friday that U.S. equities may climb as much as 7% next week as investors rebalance portfolios amid the end of the month, second quarter, and first half of the year.“Next week’s rebalance is important since equity markets were down significantly over the past month, quarter and six-month time period,” Kolanovic said. \"On top of that, the market is in an oversold condition, cash balances are at record levels, and recent market shorting activity reached levels not seen since 2008.\"On the economic calendar, personal consumption expenditures (PCE) data will be closely watched by traders this week. The Bureau of Economic Analysis will release its monthly PCE deflator on Thursday, giving investors the latest view on inflation across the U.S. economy as the Federal Reserve moves up its key benchmark interest rate to tame price increases.Economists surveyed by Bloomberg expect PCE to rise 0.7% in May compared to 0.2% the prior month. On a year-over-year basis, the PCE deflator is expected to accelerate 6.4%, up from a climb of 6.3% in April.The core PCE index, which strips out the cost of food and energy, is expected to hold steady from the prior month’s print. Economists are looking for a 5.1% increase in core PCE in May, compared to April’s 5.1% rise.U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. REUTERS/Mary F. CalvertThe latest PCE data will come as the U.S. central bank’s fight against inflation looks increasingly more complex, with a growing number of economists and strategists on Wall Street suggesting that the Fed will not be able to rein in prices without tipping the economy into a recession.“I do worry that the probability of a soft landing, which means you bring down inflation without unduly hurting growth and employment, has declined significantly because of a series of Federal Reserve mistakes,” economist Mohamed El-Erian told Yahoo Finance Live last week.Elsewhere on the economic calendar, investors will keep a close eye on durable goods figures on Monday, the Conference Board’s consumer confidence reading out Tuesday, and several reports on manufacturing and housing throughout the week. Investors will also get a third and final read on first quarter GDP.On the earnings side, reports from Nike (NKE), Bed Bath & Beyond (BBBY), Jefferies (JEF), and Micron Technology (MU) will feature.—Economic calendarMonday:Durable Goods Orders, May preliminary (0.2% expected, 0.5% during prior month); Durables Excluding Transportation, May preliminary (0.3% expected, 0.4% during prior month); Pending Home Sales, month-over-month, May (-3.9% expected, -3.9% during prior month);Pending Home Sales NSA, year-over-year, April (-11.5% during prior month); Dallas Fed Manufacturing Activity, June (-6.5 expected, -7.3 during prior month)Tuesday:Advance Goods Trade Balance, May (-$105.4 billion expected, -$105.9 billion during prior month, revised to -$106.7 billion); Wholesale Inventories, month-over-month, May preliminary (2.2% expected, 2.2% during previous month); Retail Inventories, month-over-month, May (1.6 expected, 0.7% during prior month); FHFA Housing Pricing Index, April (1.6% expected, 1.5% during prior month); S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, April (1.85% expected, 2.42% during prior month); S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, April (21.20% expected, 21.17% during prior month); S&P CoreLogic Case-Shiller U.S. National Home Price Index, year-over-year, April (20.55% during prior month); Conference Board Consumer Confidence, June (100 expected, 106.4 during prior month); Richmond Fed Manufacturing Index, June (-5 expected, -9 during prior month)Wednesday:MBA Mortgage Applications, week ended June 24 (-4.2% during prior week); GDP Annualized, quarter-over-quarter, 1Q third (-1.5% expected, -1.5% prior); Personal Consumption, quarter-over-quarter, 1Q third (3.1% expected, 3.1% prior); GDP Price Index, quarter-over-quarter, 1Q third (8.1% expected, 8.1% prior); Core PCE, quarter-over-quarter, 1Q second (5.1% expected, 5.1% prior)Thursday:Personal Income, month-over-month, May (0.5% expected, 0.4% during prior month); Personal Spending, month-over-month, May (0.4% expected, 0.9% during prior month); Real Personal Spending, month-over-month, May (-0.2% expected, 0.7% during prior month);Initial Jobless Claims, week ended June 25 (230,000 expected, 229,000 during prior week); Continuing Claims, week ended June 18 (1.310 million expected, 1.315 million during prior week);PCE Deflator, month-over-month, May (0.7% expected, 0.2% during prior month); PCE Deflator, year-over-year, May (6.4% expected, 6.3% during prior month); PCE Core Deflator, month-over-month, May (0.4% expected, 0.3% during prior month); PCE Core Deflator, year-over-year, May (4.8% expected, 4.9% during prior month); MNI Chicago PMI, June (58 expected, 60.3 during prior month)Friday:S&P Global U.S. Manufacturing PMI, June final (52.4 expected, 52.4 prior); Construction Spending, month-over-month, May (0.4% expected, 0.2% during prior month); ISM Manufacturing, June (54.7 expected, 56.1 during prior month); ISM Prices Paid, June (80.0 expected, 82.2 during prior month), ISM New Orders, June (55.1 during prior month); ISM Employment,June (49.6 during prior month); Wards Total Vehicle Sales, June (13.40 million, 12.68 during prior month)—Earnings calendarMondayBefore market open:No notable reports scheduled for release.After market close:Nike(NKE), Jefferies Financial Group(JEF), Trip.com Group(TCOM)TuesdayBefore market open:No notable reports scheduled for release.After market close: AeroVironment(AVAV)WednesdayBefore market open: Barnes & Noble Education(BNED), Bed Bath & Beyond(BBBY), General Mills(GIS), McCormick & Co.(MKC), Paychex(PAYX)After market close: MillerKnoll(MLKN)ThursdayBefore market open: Constellation Brands(STZ)After market close: Micron Technology(MU), Walgreens Boots Alliance(WBA)FridayNo notable reports scheduled for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018429558,"gmtCreate":1649080774736,"gmtModify":1676534446789,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018429558","repostId":"1145916651","repostType":4,"repost":{"id":"1145916651","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649079444,"share":"https://ttm.financial/m/news/1145916651?lang=&edition=fundamental","pubTime":"2022-04-04 21:37","market":"us","language":"en","title":"Starbucks Stock Dipped 4% After New CEO Schultz Suspended Stock Buyback Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1145916651","media":"Tiger Newspress","summary":"Starbucks stock dipped 4% after new ceo Schultz suspends stock buyback plan.Howard Schultz suspended","content":"<html><head></head><body><p>Starbucks stock dipped 4% after new ceo Schultz suspends stock buyback plan.<img src=\"https://static.tigerbbs.com/8f353c79ab968bb991e435fd98a8a6ce\" tg-width=\"850\" tg-height=\"841\" referrerpolicy=\"no-referrer\"/>Howard Schultz suspended Starbucks’s stock buyback program after he returned to his role as the company’s interim CEO on Monday.</p><p>"Starting immediately, we are suspending our share repurchasing program," Schultz said in an open letter published on Monday.</p><p>"This decision will allow us to invest more into our people and our stores — the only way to create long-term value for all stakeholders."</p><p>Schultz’s return marks his third spell as Starbucks’s CEO as the world’s largest coffeehouse chain continues the search for its permanent Chief Executive. The company said it will find a new CEO by the fall.</p><p>However, the past several months have been challenging for Starbucks after multiple stores unionized against the company for the first time ever since its founding in 1971.</p><p>The move comes just a few weeks after Starbucks brought back its share buyback program, saying it plans to return $20 billion to its shareholders over the following three fiscal years.</p><p>Some think the decision to suspend the program was made to support Starbucks’s management, while others, including Bernie Sanders, slammed the company after the announcement.</p><p>"If Starbucks can afford to spend $20 billion on stock buybacks and dividends ... it can afford a unionized workforce,” said Sanders.</p><p>The unionization wave at Starbucks emerged in December 2021 in New York after two workers voted to unionize as Starbucks Workers United.</p><p>The union is yet to present official requirements to the company’s management, though <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the workers said he hopes it will secure a $25 minimum wage for baristas, in addition to company-provided benefits such as mental health care plans.</p><p>The wave spread quickly after that and now more than 100 Starbucks locations across the U.S. have joined the union.</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>Starbucks Stock Dipped 4% After New CEO Schultz Suspended Stock Buyback Plan</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\">\nStarbucks Stock Dipped 4% After New CEO Schultz Suspended Stock Buyback Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-04 21:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Starbucks stock dipped 4% after new ceo Schultz suspends stock buyback plan.<img src=\"https://static.tigerbbs.com/8f353c79ab968bb991e435fd98a8a6ce\" tg-width=\"850\" tg-height=\"841\" referrerpolicy=\"no-referrer\"/>Howard Schultz suspended Starbucks’s stock buyback program after he returned to his role as the company’s interim CEO on Monday.</p><p>"Starting immediately, we are suspending our share repurchasing program," Schultz said in an open letter published on Monday.</p><p>"This decision will allow us to invest more into our people and our stores — the only way to create long-term value for all stakeholders."</p><p>Schultz’s return marks his third spell as Starbucks’s CEO as the world’s largest coffeehouse chain continues the search for its permanent Chief Executive. The company said it will find a new CEO by the fall.</p><p>However, the past several months have been challenging for Starbucks after multiple stores unionized against the company for the first time ever since its founding in 1971.</p><p>The move comes just a few weeks after Starbucks brought back its share buyback program, saying it plans to return $20 billion to its shareholders over the following three fiscal years.</p><p>Some think the decision to suspend the program was made to support Starbucks’s management, while others, including Bernie Sanders, slammed the company after the announcement.</p><p>"If Starbucks can afford to spend $20 billion on stock buybacks and dividends ... it can afford a unionized workforce,” said Sanders.</p><p>The unionization wave at Starbucks emerged in December 2021 in New York after two workers voted to unionize as Starbucks Workers United.</p><p>The union is yet to present official requirements to the company’s management, though <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the workers said he hopes it will secure a $25 minimum wage for baristas, in addition to company-provided benefits such as mental health care plans.</p><p>The wave spread quickly after that and now more than 100 Starbucks locations across the U.S. have joined the union.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145916651","content_text":"Starbucks stock dipped 4% after new ceo Schultz suspends stock buyback plan.Howard Schultz suspended Starbucks’s stock buyback program after he returned to his role as the company’s interim CEO on Monday.\"Starting immediately, we are suspending our share repurchasing program,\" Schultz said in an open letter published on Monday.\"This decision will allow us to invest more into our people and our stores — the only way to create long-term value for all stakeholders.\"Schultz’s return marks his third spell as Starbucks’s CEO as the world’s largest coffeehouse chain continues the search for its permanent Chief Executive. The company said it will find a new CEO by the fall.However, the past several months have been challenging for Starbucks after multiple stores unionized against the company for the first time ever since its founding in 1971.The move comes just a few weeks after Starbucks brought back its share buyback program, saying it plans to return $20 billion to its shareholders over the following three fiscal years.Some think the decision to suspend the program was made to support Starbucks’s management, while others, including Bernie Sanders, slammed the company after the announcement.\"If Starbucks can afford to spend $20 billion on stock buybacks and dividends ... it can afford a unionized workforce,” said Sanders.The unionization wave at Starbucks emerged in December 2021 in New York after two workers voted to unionize as Starbucks Workers United.The union is yet to present official requirements to the company’s management, though one of the workers said he hopes it will secure a $25 minimum wage for baristas, in addition to company-provided benefits such as mental health care plans.The wave spread quickly after that and now more than 100 Starbucks locations across the U.S. have joined the union.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113406879,"gmtCreate":1622630556291,"gmtModify":1704187662377,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Gogo power ranger??","listText":"Gogo power ranger??","text":"Gogo power ranger??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/113406879","repostId":"1104336218","repostType":4,"repost":{"id":"1104336218","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622628284,"share":"https://ttm.financial/m/news/1104336218?lang=&edition=fundamental","pubTime":"2021-06-02 18:04","market":"us","language":"en","title":"RLX Technology Q1 revenues $366.1 million,up 48.2% YOY","url":"https://stock-news.laohu8.com/highlight/detail?id=1104336218","media":"Tiger Newspress","summary":"RLX Technology Inc., a leading branded e-vapor company in China, today announced its unaudited finan","content":"<p>RLX Technology Inc., a leading branded e-vapor company in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2021.</p><p><b><u>First Quarter 2021 Financial Highlights</u></b></p><ul><li><b>Net revenues</b> were RMB2,398.5 million(US$366.1 million), representing an increase of 48.2% from RMB1,618.5 millionin the fourth quarter of 2020.</li><li><b>Gross margin</b> was 46.0%, compared to 42.9% in the fourth quarter of 2020.</li><li><b>GAAP</b> <b>netloss</b> was RMB267.0 million(US$40.8 million), compared withRMB236.7 millionin the fourth quarter of 2020.</li><li><b>Non-GAAP net income[1]</b>was RMB610.5 million(US$93.2 million), representing an increase of 45.6% fromRMB419.3 millionin the fourth quarter of 2020.</li></ul><p>RLX Technology stock surged 5% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/f8e41217bab21ae2e0b69073c4d5e48b\" tg-width=\"1302\" tg-height=\"663\"></p><p>\"2021 began, on a solid note, with strong growth in key performance metrics of our business,\" said Ms.Ying (Kate) Wang, Co-founder, Chairperson of the Board of Directors and Chief Executive Officer of RLX Technology. \"Specifically, our expansion in distribution network fueled a strong sequential growth, further demonstrating sustained user demand for our e-vapor product portfolio.\"</p><p>\"As the go-to brand of e-vapor products inChina, we remain dedicated to investing in deepening our scientific research, improving our technology and product development, expanding our distribution network and retail outlets as well as enhancing supply chain and production capabilities. In the first quarter, we opened our<i>Quality Lab</i>to further strengthen our quality assurance and control capabilities, and started developing our second and third exclusive production plants to enhance our production capabilities. We believe we are well positioned to further capture the growth potential in the e-vapor industry inChina,\" Ms. Wang concluded.</p><p>\"Our robust results in the first quarter of 2021 exemplify our strong capabilities in meeting user demands for reliable, innovative and trustworthy products,\" said Mr.Chao Lu, Chief Financial Officer. \"Building on rapid revenue growth and continued efforts in improving operating leverage, our gross margin and non-GAAP net margin have remained steady in the first quarter. We will continue to pursue user value creation by enhancing our suite of product offerings and strengthening our brand leadership in the market.\"</p><p><b><u>First Quarter 2021 Unaudited Financial Results</u></b></p><p><b>Net revenues</b> increased by 48.2% toRMB2,398.5 million(US$366.1 million) in the first quarter of 2021 fromRMB1,618.5 millionin the fourth quarter of 2020. The increase was primarily due to an increase in net revenues from sales to offline distributors, which was mainly attributable to the expansion of the Company's distribution and retail network.</p><p><b>Gross profit</b> increased by 59.1% to RMB1,104.1 million (US$168.5 million) in the first quarter of 2021 fromRMB694.1 millionin the fourth quarter of 2020.</p><p><b>Gross margin</b> increased to 46.0% in the first quarter of 2021, compared to 42.9% in the fourth quarter of 2020.</p><p><b>Operating expenses</b> wereRMB1,216.0 million(US$185.6 million) in the first quarter of 2021, representing an increase of 42.6% fromRMB852.6 millionin the fourth quarter of 2020.</p><p><i>Selling expenses</i>increased by 48.2% to RMB291.5 million (US$44.5 million) in the first quarter of 2021 fromRMB196.7 millionin the fourth quarter of 2020. The increase was mainly driven by (i) an increase in salaries and welfare benefits, (ii) an increase in branding material expenses, and (iii) an increase in shipping expenses.</p><p><i>General and administrative expenses</i> increased by 59.5% toRMB712.8 million(US$108.8 million) in the first quarter of 2021 fromRMB447.0 millionin the fourth quarter of 2020. The increase was primarily due to (i) an increase in salaries and welfare benefits, and (ii) an increase in share-based compensation expenses, partially offset by a decrease in legal and other consulting fees.</p><p><i>Research and development expenses</i>increased by 1.3% to RMB211.6 million (US$32.3 million) in the first quarter of 2021 fromRMB208.9 millionin the fourth quarter of 2020. The increase was primarily driven by an increase in salaries and welfare benefits, partially offset by (i) a decrease in share-based compensation expenses, and (ii) a decrease in material expenses.</p><p>Share-based compensation expenses recognized in selling expenses, general and administrative expenses and research and development expenses in total wereRMB877.5million (US$133.9 million) in the first quarter of 2021 andRMB656.1 million in the fourth quarter of 2020.</p><p><b>Loss from operations</b> was RMB111.9 million (US$17.1 million) in the first quarter of 2021, compared withRMB158.5 million in the fourth quarter of 2020.</p><p><b>Income tax expense</b> wasRMB176.3 million (US$26.9 million) in the first quarter of 2021, compared withRMB110.6 million in the fourth quarter of 2020, primarily due to an increase in taxable income.</p><p><b>GAAPnet loss</b> was RMB267.0 million (US$40.8 million) in the first quarter of 2021, compared withRMB236.7 million in the fourth quarter of 2020.</p><p><b>Non-GAAP net income</b> was RMB610.5 million(US$93.2 million) in the first quarter of 2021, representing an increase of 45.6% fromRMB419.3 millionin the fourth quarter of 2020.</p><p><b>GAAP basic and diluted net loss per American depositary share (\"ADS\")</b> were bothRMB0.174(US$0.027)in the first quarter of 2021, compared toRMB0.165in the fourth quarter of 2020.</p><p><b>Non-GAAP basic and diluted netincome per ADS[2]</b>were both RMB0.398(US$0.061)in the first quarter of 2021, compared toRMB0.292in the fourth quarter of 2020.</p><p><b><u>Balance Sheet</u></b></p><p>As ofMarch 31, 2021, the Company had cash and cash equivalents, restricted cash, short-term bank deposits, short-term investments and long-term bank deposits ofRMB14,437.8 million (US$2,203.6 million), compared toRMB3,421.4 millionas ofDecember 31, 2020. The increase was primarily due to net proceeds raised in the Company's initial public offering inJanuary 2021. As of March 31, 2021, approximatelyUS$1,647.2 million(RMB10,792.2 million) was denominated in U.S. dollars.</p><p><b><u>Business Outlook</u></b></p><p>For the second quarter of 2021, the Company currently expects net revenues to exceedRMB2,850 million, and expects non-GAAP net income to exceedRMB720 million. The Company's expected GAAP net income will include share-based compensation expenses which depend on the Company's share price and are not available without unreasonable efforts. The Company currently also expects gross margin to remain steady.</p><p>The above outlook is based on the current market conditions, including those related to the COVID-19 pandemic, and reflects the Company's preliminary estimates of market and operating conditions, and users' demand, which are all subject to change. Please refer to \"Safe Harbor Statement\" in this press release for risks associated with forward-looking statements.</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>RLX Technology Q1 revenues $366.1 million,up 48.2% YOY</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\">\nRLX Technology Q1 revenues $366.1 million,up 48.2% YOY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-02 18:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>RLX Technology Inc., a leading branded e-vapor company in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2021.</p><p><b><u>First Quarter 2021 Financial Highlights</u></b></p><ul><li><b>Net revenues</b> were RMB2,398.5 million(US$366.1 million), representing an increase of 48.2% from RMB1,618.5 millionin the fourth quarter of 2020.</li><li><b>Gross margin</b> was 46.0%, compared to 42.9% in the fourth quarter of 2020.</li><li><b>GAAP</b> <b>netloss</b> was RMB267.0 million(US$40.8 million), compared withRMB236.7 millionin the fourth quarter of 2020.</li><li><b>Non-GAAP net income[1]</b>was RMB610.5 million(US$93.2 million), representing an increase of 45.6% fromRMB419.3 millionin the fourth quarter of 2020.</li></ul><p>RLX Technology stock surged 5% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/f8e41217bab21ae2e0b69073c4d5e48b\" tg-width=\"1302\" tg-height=\"663\"></p><p>\"2021 began, on a solid note, with strong growth in key performance metrics of our business,\" said Ms.Ying (Kate) Wang, Co-founder, Chairperson of the Board of Directors and Chief Executive Officer of RLX Technology. \"Specifically, our expansion in distribution network fueled a strong sequential growth, further demonstrating sustained user demand for our e-vapor product portfolio.\"</p><p>\"As the go-to brand of e-vapor products inChina, we remain dedicated to investing in deepening our scientific research, improving our technology and product development, expanding our distribution network and retail outlets as well as enhancing supply chain and production capabilities. In the first quarter, we opened our<i>Quality Lab</i>to further strengthen our quality assurance and control capabilities, and started developing our second and third exclusive production plants to enhance our production capabilities. We believe we are well positioned to further capture the growth potential in the e-vapor industry inChina,\" Ms. Wang concluded.</p><p>\"Our robust results in the first quarter of 2021 exemplify our strong capabilities in meeting user demands for reliable, innovative and trustworthy products,\" said Mr.Chao Lu, Chief Financial Officer. \"Building on rapid revenue growth and continued efforts in improving operating leverage, our gross margin and non-GAAP net margin have remained steady in the first quarter. We will continue to pursue user value creation by enhancing our suite of product offerings and strengthening our brand leadership in the market.\"</p><p><b><u>First Quarter 2021 Unaudited Financial Results</u></b></p><p><b>Net revenues</b> increased by 48.2% toRMB2,398.5 million(US$366.1 million) in the first quarter of 2021 fromRMB1,618.5 millionin the fourth quarter of 2020. The increase was primarily due to an increase in net revenues from sales to offline distributors, which was mainly attributable to the expansion of the Company's distribution and retail network.</p><p><b>Gross profit</b> increased by 59.1% to RMB1,104.1 million (US$168.5 million) in the first quarter of 2021 fromRMB694.1 millionin the fourth quarter of 2020.</p><p><b>Gross margin</b> increased to 46.0% in the first quarter of 2021, compared to 42.9% in the fourth quarter of 2020.</p><p><b>Operating expenses</b> wereRMB1,216.0 million(US$185.6 million) in the first quarter of 2021, representing an increase of 42.6% fromRMB852.6 millionin the fourth quarter of 2020.</p><p><i>Selling expenses</i>increased by 48.2% to RMB291.5 million (US$44.5 million) in the first quarter of 2021 fromRMB196.7 millionin the fourth quarter of 2020. The increase was mainly driven by (i) an increase in salaries and welfare benefits, (ii) an increase in branding material expenses, and (iii) an increase in shipping expenses.</p><p><i>General and administrative expenses</i> increased by 59.5% toRMB712.8 million(US$108.8 million) in the first quarter of 2021 fromRMB447.0 millionin the fourth quarter of 2020. The increase was primarily due to (i) an increase in salaries and welfare benefits, and (ii) an increase in share-based compensation expenses, partially offset by a decrease in legal and other consulting fees.</p><p><i>Research and development expenses</i>increased by 1.3% to RMB211.6 million (US$32.3 million) in the first quarter of 2021 fromRMB208.9 millionin the fourth quarter of 2020. The increase was primarily driven by an increase in salaries and welfare benefits, partially offset by (i) a decrease in share-based compensation expenses, and (ii) a decrease in material expenses.</p><p>Share-based compensation expenses recognized in selling expenses, general and administrative expenses and research and development expenses in total wereRMB877.5million (US$133.9 million) in the first quarter of 2021 andRMB656.1 million in the fourth quarter of 2020.</p><p><b>Loss from operations</b> was RMB111.9 million (US$17.1 million) in the first quarter of 2021, compared withRMB158.5 million in the fourth quarter of 2020.</p><p><b>Income tax expense</b> wasRMB176.3 million (US$26.9 million) in the first quarter of 2021, compared withRMB110.6 million in the fourth quarter of 2020, primarily due to an increase in taxable income.</p><p><b>GAAPnet loss</b> was RMB267.0 million (US$40.8 million) in the first quarter of 2021, compared withRMB236.7 million in the fourth quarter of 2020.</p><p><b>Non-GAAP net income</b> was RMB610.5 million(US$93.2 million) in the first quarter of 2021, representing an increase of 45.6% fromRMB419.3 millionin the fourth quarter of 2020.</p><p><b>GAAP basic and diluted net loss per American depositary share (\"ADS\")</b> were bothRMB0.174(US$0.027)in the first quarter of 2021, compared toRMB0.165in the fourth quarter of 2020.</p><p><b>Non-GAAP basic and diluted netincome per ADS[2]</b>were both RMB0.398(US$0.061)in the first quarter of 2021, compared toRMB0.292in the fourth quarter of 2020.</p><p><b><u>Balance Sheet</u></b></p><p>As ofMarch 31, 2021, the Company had cash and cash equivalents, restricted cash, short-term bank deposits, short-term investments and long-term bank deposits ofRMB14,437.8 million (US$2,203.6 million), compared toRMB3,421.4 millionas ofDecember 31, 2020. The increase was primarily due to net proceeds raised in the Company's initial public offering inJanuary 2021. As of March 31, 2021, approximatelyUS$1,647.2 million(RMB10,792.2 million) was denominated in U.S. dollars.</p><p><b><u>Business Outlook</u></b></p><p>For the second quarter of 2021, the Company currently expects net revenues to exceedRMB2,850 million, and expects non-GAAP net income to exceedRMB720 million. The Company's expected GAAP net income will include share-based compensation expenses which depend on the Company's share price and are not available without unreasonable efforts. The Company currently also expects gross margin to remain steady.</p><p>The above outlook is based on the current market conditions, including those related to the COVID-19 pandemic, and reflects the Company's preliminary estimates of market and operating conditions, and users' demand, which are all subject to change. Please refer to \"Safe Harbor Statement\" in this press release for risks associated with forward-looking statements.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RLX":"雾芯科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104336218","content_text":"RLX Technology Inc., a leading branded e-vapor company in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2021.First Quarter 2021 Financial HighlightsNet revenues were RMB2,398.5 million(US$366.1 million), representing an increase of 48.2% from RMB1,618.5 millionin the fourth quarter of 2020.Gross margin was 46.0%, compared to 42.9% in the fourth quarter of 2020.GAAP netloss was RMB267.0 million(US$40.8 million), compared withRMB236.7 millionin the fourth quarter of 2020.Non-GAAP net income[1]was RMB610.5 million(US$93.2 million), representing an increase of 45.6% fromRMB419.3 millionin the fourth quarter of 2020.RLX Technology stock surged 5% in premarket trading.\"2021 began, on a solid note, with strong growth in key performance metrics of our business,\" said Ms.Ying (Kate) Wang, Co-founder, Chairperson of the Board of Directors and Chief Executive Officer of RLX Technology. \"Specifically, our expansion in distribution network fueled a strong sequential growth, further demonstrating sustained user demand for our e-vapor product portfolio.\"\"As the go-to brand of e-vapor products inChina, we remain dedicated to investing in deepening our scientific research, improving our technology and product development, expanding our distribution network and retail outlets as well as enhancing supply chain and production capabilities. In the first quarter, we opened ourQuality Labto further strengthen our quality assurance and control capabilities, and started developing our second and third exclusive production plants to enhance our production capabilities. We believe we are well positioned to further capture the growth potential in the e-vapor industry inChina,\" Ms. Wang concluded.\"Our robust results in the first quarter of 2021 exemplify our strong capabilities in meeting user demands for reliable, innovative and trustworthy products,\" said Mr.Chao Lu, Chief Financial Officer. \"Building on rapid revenue growth and continued efforts in improving operating leverage, our gross margin and non-GAAP net margin have remained steady in the first quarter. We will continue to pursue user value creation by enhancing our suite of product offerings and strengthening our brand leadership in the market.\"First Quarter 2021 Unaudited Financial ResultsNet revenues increased by 48.2% toRMB2,398.5 million(US$366.1 million) in the first quarter of 2021 fromRMB1,618.5 millionin the fourth quarter of 2020. The increase was primarily due to an increase in net revenues from sales to offline distributors, which was mainly attributable to the expansion of the Company's distribution and retail network.Gross profit increased by 59.1% to RMB1,104.1 million (US$168.5 million) in the first quarter of 2021 fromRMB694.1 millionin the fourth quarter of 2020.Gross margin increased to 46.0% in the first quarter of 2021, compared to 42.9% in the fourth quarter of 2020.Operating expenses wereRMB1,216.0 million(US$185.6 million) in the first quarter of 2021, representing an increase of 42.6% fromRMB852.6 millionin the fourth quarter of 2020.Selling expensesincreased by 48.2% to RMB291.5 million (US$44.5 million) in the first quarter of 2021 fromRMB196.7 millionin the fourth quarter of 2020. The increase was mainly driven by (i) an increase in salaries and welfare benefits, (ii) an increase in branding material expenses, and (iii) an increase in shipping expenses.General and administrative expenses increased by 59.5% toRMB712.8 million(US$108.8 million) in the first quarter of 2021 fromRMB447.0 millionin the fourth quarter of 2020. The increase was primarily due to (i) an increase in salaries and welfare benefits, and (ii) an increase in share-based compensation expenses, partially offset by a decrease in legal and other consulting fees.Research and development expensesincreased by 1.3% to RMB211.6 million (US$32.3 million) in the first quarter of 2021 fromRMB208.9 millionin the fourth quarter of 2020. The increase was primarily driven by an increase in salaries and welfare benefits, partially offset by (i) a decrease in share-based compensation expenses, and (ii) a decrease in material expenses.Share-based compensation expenses recognized in selling expenses, general and administrative expenses and research and development expenses in total wereRMB877.5million (US$133.9 million) in the first quarter of 2021 andRMB656.1 million in the fourth quarter of 2020.Loss from operations was RMB111.9 million (US$17.1 million) in the first quarter of 2021, compared withRMB158.5 million in the fourth quarter of 2020.Income tax expense wasRMB176.3 million (US$26.9 million) in the first quarter of 2021, compared withRMB110.6 million in the fourth quarter of 2020, primarily due to an increase in taxable income.GAAPnet loss was RMB267.0 million (US$40.8 million) in the first quarter of 2021, compared withRMB236.7 million in the fourth quarter of 2020.Non-GAAP net income was RMB610.5 million(US$93.2 million) in the first quarter of 2021, representing an increase of 45.6% fromRMB419.3 millionin the fourth quarter of 2020.GAAP basic and diluted net loss per American depositary share (\"ADS\") were bothRMB0.174(US$0.027)in the first quarter of 2021, compared toRMB0.165in the fourth quarter of 2020.Non-GAAP basic and diluted netincome per ADS[2]were both RMB0.398(US$0.061)in the first quarter of 2021, compared toRMB0.292in the fourth quarter of 2020.Balance SheetAs ofMarch 31, 2021, the Company had cash and cash equivalents, restricted cash, short-term bank deposits, short-term investments and long-term bank deposits ofRMB14,437.8 million (US$2,203.6 million), compared toRMB3,421.4 millionas ofDecember 31, 2020. The increase was primarily due to net proceeds raised in the Company's initial public offering inJanuary 2021. As of March 31, 2021, approximatelyUS$1,647.2 million(RMB10,792.2 million) was denominated in U.S. dollars.Business OutlookFor the second quarter of 2021, the Company currently expects net revenues to exceedRMB2,850 million, and expects non-GAAP net income to exceedRMB720 million. The Company's expected GAAP net income will include share-based compensation expenses which depend on the Company's share price and are not available without unreasonable efforts. The Company currently also expects gross margin to remain steady.The above outlook is based on the current market conditions, including those related to the COVID-19 pandemic, and reflects the Company's preliminary estimates of market and operating conditions, and users' demand, which are all subject to change. Please refer to \"Safe Harbor Statement\" in this press release for risks associated with forward-looking statements.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966489065,"gmtCreate":1669610498958,"gmtModify":1676538213543,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9966489065","repostId":"2286324851","repostType":4,"repost":{"id":"2286324851","pubTimestamp":1669606493,"share":"https://ttm.financial/m/news/2286324851?lang=&edition=fundamental","pubTime":"2022-11-28 11:34","market":"us","language":"en","title":"Sea Limited Is Investable Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2286324851","media":"seekingalpha","summary":"IntroductionLast Tuesday, Sea Limited (NYSE:SE) reported its Q3 2022 earnings. From the market react","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/dd10451e91a7f82b95ea9e296a739672\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2>Introduction</h2><p>Last Tuesday, Sea Limited (NYSE:SE) reported its Q3 2022 earnings. From the market reaction, I think it's clear how these were perceived. The stock shot up 36% following the announcement.</p><p></p><p><img src=\"https://static.tigerbbs.com/e4380c1ed830910e77c998722a67369d\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>This is of course the result of a raging short squeeze. Many traders were shorting Sea and they had to buy back as soon as possible. But that short squeeze was driven by fundamentals that looked better than before.</p><p>In the meantime, the stock has gone down again by 9%.</p><p></p><p><img src=\"https://static.tigerbbs.com/0ce18087e3667fbb8e2e0354dc4dd4e0\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>Let's dive into the numbers to analyze the situation.</p><h2>The numbers</h2><p>As Sea consists of three businesses under one hood, gaming, e-commerce and digital banking, there are always more numbers to go through. We'll start with the group and then we'll go over the 3 arms.</p><h3>Group</h3><p>The Q3 revenue came in at $3.2 billion, up 17.4% year-over-year, beating the consensus by $190M or 6.3%.</p><p></p><p><img src=\"https://static.tigerbbs.com/f74cfa662e3739f2359559b763a3e502\" tg-width=\"640\" tg-height=\"573\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Sea's Q3 earnings call slides deck</p><p></p><p>Sea reported non-GAAP EPS of -$0.66, beating the consensus by a whopping $0.29 or more than 30%.</p><p>This has become a pattern for Sea. It has almost always been beating on its topline expectations. 14 beats out of 16 quarters.</p><p></p><p><img src=\"https://static.tigerbbs.com/f34e1b960686f6c951a17dc90594fd21\" tg-width=\"1280\" tg-height=\"484\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha Premium</p><p></p><p>For EPS, the picture was completely different. The company almost always missed expectations, at least until recently.</p><p></p><p><img src=\"https://static.tigerbbs.com/904ddc26d31c693eaee03396fc86b13a\" tg-width=\"640\" tg-height=\"234\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha Premium</p><p></p><p>As you can see, this is the fourth consecutive quarter management beats on EPS, for the second time by 30%+. That's the right message to the market, now that it focuses more on the bottom line. Of course, Sea is not profitable yet, but it is showing faster improvements than the market had given it credit for. Net loss came in at -$569.3 million, flat year-over-year, but an improvement of a whopping 38.9% quarter-over-quarter.</p><p>Gross profit landed at $1.2 billion, up 21.7% year-over-year. On $3.2 billion in revenue, that means gross margins of 37.5% vs. 37.9% in Q2 and 37% in Q3 2021. This metric is stable.</p><p>If you exclude SBC, stock-based compensation, severance packs and lease termination fees, net loss even improved by 49.4% quarter-over-quarter. You can argue about excluding these things, of course, but SBC is not a cash expense and the rest is a one-time expense that will save more money in the future. Impressive to see such a turnaround in just a quarter.</p><p>Adjusted EBITDA was -$357.7 million compared to -$165.5 million in Q3 2021, but 29.4% better than in Q2 2022. If you exclude SBC, severance and lease termination costs, EBITDA improved 44.7% quarter-over-quarter.</p><p>Sea is still financially stable, with $7.3B in cash, equivalents and short-term investments. The company has $3.74 billion in convertible notes. The biggest part, $2.5 billion, is issued when Sea's stock price was much higher. They were offered at $318 per share. They have an interest of 0.25%. They have a conversion price of $477. Very well timed, Sea!</p><p></p><p><img src=\"https://static.tigerbbs.com/e30355352d528f79e663ed2fa444556e\" tg-width=\"640\" tg-height=\"383\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>YCharts, adapted by the author</p><p></p><p>I have already said that Sea reminds me in different ways of Amazon (AMZN). You always have to be very careful with such comparisons. I'm not implying that Sea will become the next Amazon; every situation is different. But there are similarities. One of them is that Amazon also issued notes just before the top. $1.25 billion in January 1999 at 4.75% and $655 million in February 2000 at 6.9%, both for 10 years.</p><p></p><p><img src=\"https://static.tigerbbs.com/0acfa78375da5396cb9b0e5e7bdcdab8\" tg-width=\"640\" tg-height=\"376\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>YCharts, adapted by the author</p><p></p><p>This was one of the main reasons Amazon could survive the dotcom crash, while almost all other tech companies went under. Jeff Bezos promised the company would focus on profitability. Does that sound familiar? Bezos indeed turned the company and it became profitable 2.5 years later. The red circle shows when Amazon became profitable on operational cash flow, probably the best metric to track retail. You can also see how fast this goes up after that.</p><p></p><p><img src=\"https://static.tigerbbs.com/fce567cb6f35cd23cef32b241c745ea6\" tg-width=\"640\" tg-height=\"399\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>YCharts, adapted by the author</p><p></p><p>I now hear some people say Sea will have to file for bankruptcy in a few years. That's very unlikely. If the stock price is still a lot under that price, which is likely, some note investors may want to be repaid in cash. But to start with, Sea has the necessary money up to now; secondly, often there are renegotiations, in which the notes are extended and the conversion prices are brought down.</p><p>Forrest Li, Sea's Founder and CEO, sent out a very clear message to the doubters on the conference call about the notes or convertible bonds, the name he uses here:</p><blockquote>We aim to continue to maintain a net cash position, after budgeting for the full retirement in cash of outstanding convertible bonds and assuming no external funding.</blockquote><p>So, Li wants to have a cash position after having paid off all outstanding notes. That means that the company will go fast and that this quarter was just the start of a turnaround. Li added:</p><blockquote>I'm confident in our ability to execute well against our stated goals, as we have demonstrated so many times in the past.</blockquote><p>Let's look at the different groups now.</p><h2>Shopee</h2><p>Shopee's revenue was up 32.4% year-over-year to $1.9 billion, 38.8% in constant currency. Adjusted EBITDA for Shopee was -$495.7 million, improving 27.5% year-over-year and 23.5% quarter-over-quarter.</p><p>The core marketplace revenue was up 54.1% year-over-year to $1 billion, which is very strong and the main driver of the fast improvements in Shopee's losses. This shows what Forrest Li has been preaching for years, that scale will bring cost advantages, which shows up in the numbers. The core marketplace mainly consists of third-party revenue and ads.</p><p>That marketplace revenue is up much more than GMV shows scale advantages kicking in and ads and other services gaining traction. Shopee has also made its take-rate higher to make its transition to profitability faster.</p><p>Shopee's Sales & Marketing expenses of $575.7M were down by 16.4% year-over-year and 14.6% quarter-over-quarter. Raising take rates, cutting on S&M and still being able to grow revenue by 54%, for the core marketplace. That's strong.</p><p>VAS or Value-added services revenue was up 20.3% year-over-year to $600 million. This mainly consists of logistics. It hides the growth of the core marketplace a bit.</p><p>There were 2 billion orders, up 19.2% year-over-year against tough comps. Last year in the same quarter, orders were up a whopping 123%. At the same time, orders were flat compared to the last quarter. Probably, this is because the company slashed the free shipping for most cheap products. This is no problem, I think.</p><p>GMV grew 13.5% to $19.1B. On an FX-neutral basis, GMV was up 21.4%. That's on top of the 80.6% GMV growth in Q3 2021. Quarter-over-quarter growth, though, was just $100 million or 0.5%. I think this is what Forrest Li hinted at when he said on the conference call:</p><blockquote>We believe our strong focus on cash flow and achieving self sufficiency as much as possible is the right strategy to pursue at this stage, even though we may see no growth or even negative growth in certain operating metrics in the near-term.</blockquote><p>Slashing free shipping, higher take rates for merchants, lower sales and marketing spend, it all adds up to lower growth. Of course, there are two other very important elements here: the macroeconomic environment and the tough comps. In this environment, though, I think Sea is right in focusing on becoming profitable first. Forrest Li explains the strategy:</p><blockquote>To be very clear, we remain highly confident about the compelling long-term growth prospects of our businesses and the market. Once we achieve self-sufficiency, we will be in a position to decide to reaccelerate growth again in a much more efficient and a long-term sustainable manner.</blockquote><p>Something I have been irritated by for a long time is the exclusion of headquarters expenses in Adjusted EBITDA. From now on excluding HQ expenses will be called contribution margin, as it should be. Glad to finally see that corrected.</p><p>Asia markets adjusted EBITDA came in at -$216.8 million, improving by 31.4% quarter-over-quarter. In most Southeast Asian countries, there was already a positive contribution margin for Shopee, including Indonesia, its biggest market. Malaysia and Taiwan recorded positive adjusted EBITDA.</p><p>For the other markets adjusted EBITDA came in at 279 million, improving by 16% quarter-over-quarter. While management had previously shared that they wanted to have profitability for Shopee in its core markets in 2023, it added an extra goal now. Founder and CEO Forrest Li:</p><blockquote>we are currently working towards adjusted EBITDA breakeven for Shopee overall by the end of 2023.</blockquote><p>That includes Brazil. In Brazil, unit costs were $1.03 per order, improving 27.4% quarter-over-quarter. Revenue was up a blistering 225% year-over-year. Management confirmed that Sea would continue to invest in Brazil.</p><p>Despite cost-cutting initiatives, Sea will continue investing in its platform and that leads to success. Forrest Li on the earnings call:</p><blockquote>The number of brands on Shopee Mall also continued to grow strongly by 36% year-on-year to over 42,000, reflecting more brands recognizing the value Shopee brings to them. Importantly, we are always looking to further improve the services we offer our sellers and provide a superior shopping experience for our buyers.</blockquote><h3>Garena</h3><p>Some call it Sea's problem child, but Garena has allowed Sea to grow so fast. DE or digital entertainment, as the company calls it, has been in decline, which is not strange after reopenings. Revenue came in at $892.9 million, down 0.8% quarter-over-quarter and down almost 20% from $1.1 billion last year. But just to show you how difficult last year's comps were, then revenue was up 93.2% for a division that mainly is about a game released 4 years prior. Bookings were down a bit more than revenue, 4% quarter-over-quarter on an FX-neutral basis, from $664.7 million vs. $717.4 million in Q2. Bookings are a window into the future, as they show the money players have already paid but that the company can't recognize yet, as it's not spent yet. The fast decline here seems to have stopped but the trend has not been reversed.</p><p>Adjusted EBITDA was down from $333.6 million in Q2 to $289.9 million, down 13% quarter-over-quarter, but down 59% compared to last year.</p><p></p><p><img src=\"https://static.tigerbbs.com/710199a2e67ca1d3ebc2fd18961150ec\" tg-width=\"640\" tg-height=\"279\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>From the Q3 earnings call slides, adapted by the author</p><p></p><p>That's of course what has worried the market and why it has been so worried about Sea. That Sea can now reduce overall losses by 29% in just a quarter is exactly what Wall Street wanted to see. Management shows results, not just vague promises. The graph also clearly shows that Sea still has more work to do. But the market now knows that management is doing what it should do.</p><p>Garena's quarterly active users came in at 568.2 million, down from 619.3 million in Q2 or 8.3%. There are 51.5 million paying users or 9.1%, unchanged from Q2. Average bookings per user were $1.2, also flat quarter-over-quarter.</p><p>Management further reduced the outlook for Garena by about 10%.</p><blockquote>Given rising macro uncertainties, and with reopening trends having an ongoing effect on the business, we are revising the guidance for digital entertainment. We now expect bookings for the full year of 2022 to be between US$2.6 billion and US$2.8 billion, as compared to the previous guidance of between US$2.9 billion to US$3.1 billion.</blockquote><p>Riot Games recently did not renew its contract with Garena, taking the publishing rights of its games League of Legends and Teamfight Tactics with it. The first analyst immediately asked if this would impact its relationship with Tencent, which bought Riot in 2011, one year after its partnership with Sea had started. This is the answer of Min Ju Song, the Director of The Group's Chief Corporate Officer’s Office, who always answers all questions.</p><blockquote>And the recent termination of the -- as we announced legal merchant partnership with Riot as a result of the<b> expiry of agreement would have no impact on our overall publishing business as the contribution is immaterial from the particular game.</b></blockquote><blockquote>(...)</blockquote><blockquote>Also, this decision is a right decision and <b>has no relationship to anything regarding the right of first refusal agreement what we have Tencent.</b></blockquote><p>We will have to see in 2023 when the agreement with Tencent expires. In the meantime, Garena keeps working on its pipeline but doesn't really want to share anything specifically. Min Ju Song:</p><blockquote>In terms of the game pipeline, we do have games in our pipeline on self-development as well as publishing. And as usual, we don't discuss specific games that we haven't announced for launch yet, but there are always things that we are working to.</blockquote><p>An interesting answer from Min Ju Song shone a light, not just on what management thinks but also how they work. It was about Arena of Valor, a game by TiMi Studios, which is part of Tencent.</p><blockquote>Of course, as we also shared regarding Arena of Valor, as an example that, it's a six-year-old game and we started to see some new growth in the game six years since its launch. So, we believe that after you reach certain core user base and for a very long-term game, with the right type of operations and efforts, there could be potential upside to the game</blockquote><p>This quote shows that management trusts that Free Fire still has a long runway. At the same time, as they are the distributor, they see what works and they can apply that to Free Fire.</p><h3>SeaMoney</h3><p>Revenue came in at $326.9 million, up 147.2% year-over-year and a bit more than 17% quarter-over-quarter. Adjusted EBITDA was -$67.7 million, improving by 57.4% year-over-year and 39.3% quarter-over-quarter. The improvements came from better sales and marketing spending and the "healthy profitable" credit business.</p><p>The total loans outstanding in Q3 added up to $2.2B, allowance for credit losses of $253.4M not included. Non-performing loans of more than 90 days came in at less than 4% of loans receivable and the average tenure of the loans was about 4 months.</p><p>Something I didn't like was that management left out two metrics that they had shared before: active users and total payment volume. Even if these didn't look great, you should either give the numbers or explain why you don't report them anymore. There was no question about this from analysts. They were either briefed beforehand, didn't dare to ask the question, or were asleep at the wheel.</p><p>No matter what, SeaMoney keeps growing explosively and that's great to see. The evolution that we have seen with Mercado Pago at Mercado Libre can be a model for SeaMoney. However, there is more competition in Southeast Asia than in Latin America when Mercado Pago started and even today. On top of that, management will deprioritize off-platform usage growth.</p><blockquote>Finally, at SeaMoney, we have deprioritized off-line adoption of ShopeePay and further diversifying funding for our credit business across multiple sources. Our current initiatives are designed to further quantify our leading positions and enable us to continue to win in our key markets over the long run.</blockquote><p>Management made it clear for all cost cuts that it would turn them back on when it's self-sufficient if they think they are worth it.</p><p>Management keeps a close look at the loans that SeaMoney provides.</p><blockquote>With the growing volatility across our markets, we are closely monitoring the health of our credit business and our loan book.</blockquote><p>Up to now, though, loans are very profitable.</p><p>To summarize this part, let's look at some interesting stats, made by Quartr.</p><p></p><p><img src=\"https://static.tigerbbs.com/7e626096a552186c26cf5b19c78cd672\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Quartr</p><p><img src=\"https://static.tigerbbs.com/a7e323a9db9afb4d00f2b1669be8e190\" tg-width=\"1280\" tg-height=\"806\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Quartr</p><p></p><h2>Notes from the conference call</h2><p>Before we go into the conference call, I want to share my general observation about it. Forrest Li, the founder and CEO of Sea, has always been a part of my investment case for Sea. Of course, there's much more, but to me, he's a great leader. If you read his letters, even his leaked internal mails and if you hear him talk, you always have the feeling: "Yes, this man knows what he is talking about."</p><p>But during the last conference call, for the first time, I heard some doubt in his voice. Of course, this could be totally subjective. During this conference call, though, Li sounded confident and humble as usual.</p><p>On the conference call, he first mentioned that Sea had its IPO 5 years ago and that he has learned a lot by being a public company. Then he went immediately on to <b>the main focus of the quarter.</b> I have added some italic fonts to underline the important passages.</p><blockquote>Given the significant uncertainties in the macro environment, <i>we have entirely shifted our mindset and focus from growth to achieving self-sufficiency and profitability as soon as possible without relying on any external funding.</i></blockquote><blockquote>We are adapting quickly to the changing climate because we believe that companies that fail to do so may not survive. All our efforts are directed to <i>ensure that Sea not only survives the macro storms, but emerge stronger, more efficient, and more resilient and as a long-term winner in our markets. </i></blockquote><p>Right away straight to the core: pointing out the problem and showing what the strategy of the company is. That's a good start. We already had this in the Overview Of The Week, but it can be a reminder here:</p><blockquote>I announced in mid-September that the management team will stop receiving cash compensation until we achieve self-sufficiency.</blockquote><p>Forrest Li also warned, and that was repeated by the other management teams, that the <b>upcoming quarters may be somewhat lumpy</b> but restated that Sea wants Shopee to be breakeven on an adjusted EBITDA basis before the end of the year next year.</p><blockquote>In the coming quarters, we will continue to focus on improving key financial metrics for the long-term health of our business. While our results may fluctuate and affected by the macro environment and many other factors, we are currently working towards adjusted EBITDA breakeven for Shopee, overall by the end of 2023.</blockquote><p>During the Q&A, management answered that the efficiencies will come from both sides, so controlling expenses and revenue growth.</p><p>There was also an interesting question about <b>margin profile for Shopee over the long term.</b> This was the answer:</p><blockquote>In terms of the margins for Shopee, as we shared, there are main two components in our marketplace revenue, once the core marketplace revenue, the other is value-added services.</blockquote><blockquote>Marketplace revenue is mainly transaction-based fees and advertisement. We believe the margin for this portion of the revenue in the long-term steady state could potentially be more in line with what you would normally see for a pure-play marketplace type of business model.</blockquote><p>The typical EBITDA margin for e-commerce is between 5% and 15%. Amazon, for example, is usually around 10% and <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> (MELI) is as well. Net margins are generally between 3% and 5%, although there are exceptions on both sides, of course. If Shopee would already be profitable now, that could mean EBITDA between $200 million and $600 million for this quarter. Min Ju Song continued:</p><blockquote>Now because of this revenue is mostly related to logistics services, these will be more reflected of potentially logistic services type of margin in the long run.</blockquote><p>This is something I didn't know, but I found a McKinsey report that says that EBIT margins are typically 1% to 11% in the sector.</p><h2>My take on this quarter</h2><p>This quarter could mark the turnaround at Sea. That was necessary, as this chart clearly shows.</p><p></p><p><img src=\"https://static.tigerbbs.com/016ac3eb570decf184acff8f223fd964\" tg-width=\"1280\" tg-height=\"772\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Quartr</p><p></p><p>The turnaround is fast and big. While the improvements are impressive, Forrest Li said that most would only be visible in the upcoming quarters.</p><blockquote>As we began more focused efforts on optimizing HQ costs, including R&D costs, from the later part of the third quarter, we expect savings on shared costs to start to show in the following quarters.</blockquote><p>The word 'efficiency' was used 25 times during the conference call. I think that shows enough what management is focused on.</p><p>To me, the biggest takeaway is that management did what it had promised. Again, I should add. This management team delivers on its promises and that is great to see.</p><p>The fact that Forrest Li assured the market that the company wants to pay all of its outstanding notes and still have cash reassured me and probably everyone following Sea.</p><p>If management continues to deliver as it has done again, I see no reason not to buy Sea's stock, even though I would only add very little at a time. After all, as management said, the quarters could be lumpy, so maybe better prices could still be in front of us.</p><p>Sea has shown again that it's worth investors' trust. It has adapted very fast to a totally new situation.</p><h2>Conclusion</h2><p>While this was not a quarter to get really excited about as such, it was the quarter that Sea needed. It has proven that it can turn around the ship fast. The focus on profitability is the right choice. The affirmation that Sea wants to remain cash positive after paying off all of the convertible bonds is very encouraging. This removes quite a bit of the risk that had popped up in the last quarter.</p><p>To me, Sea is much more investable again. The upcoming quarters may be lumpy but the long-term prospects for this company are still good. It's still early in its development and has several tailwinds helping its ship sail safely.</p><p>In the meantime, keep growing!</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited Is Investable Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited Is Investable Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 11:34 GMT+8 <a href=https://seekingalpha.com/article/4560575-sea-limited-is-investable-again><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IntroductionLast Tuesday, Sea Limited (NYSE:SE) reported its Q3 2022 earnings. From the market reaction, I think it's clear how these were perceived. The stock shot up 36% following the announcement....</p>\n\n<a href=\"https://seekingalpha.com/article/4560575-sea-limited-is-investable-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4505":"高瓴资本持仓","SE":"Sea Ltd","BK4526":"热门中概股","BK4139":"生物科技","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","BK4535":"淡马锡持仓"},"source_url":"https://seekingalpha.com/article/4560575-sea-limited-is-investable-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2286324851","content_text":"IntroductionLast Tuesday, Sea Limited (NYSE:SE) reported its Q3 2022 earnings. From the market reaction, I think it's clear how these were perceived. The stock shot up 36% following the announcement.Data by YChartsThis is of course the result of a raging short squeeze. Many traders were shorting Sea and they had to buy back as soon as possible. But that short squeeze was driven by fundamentals that looked better than before.In the meantime, the stock has gone down again by 9%.Data by YChartsLet's dive into the numbers to analyze the situation.The numbersAs Sea consists of three businesses under one hood, gaming, e-commerce and digital banking, there are always more numbers to go through. We'll start with the group and then we'll go over the 3 arms.GroupThe Q3 revenue came in at $3.2 billion, up 17.4% year-over-year, beating the consensus by $190M or 6.3%.Sea's Q3 earnings call slides deckSea reported non-GAAP EPS of -$0.66, beating the consensus by a whopping $0.29 or more than 30%.This has become a pattern for Sea. It has almost always been beating on its topline expectations. 14 beats out of 16 quarters.Seeking Alpha PremiumFor EPS, the picture was completely different. The company almost always missed expectations, at least until recently.Seeking Alpha PremiumAs you can see, this is the fourth consecutive quarter management beats on EPS, for the second time by 30%+. That's the right message to the market, now that it focuses more on the bottom line. Of course, Sea is not profitable yet, but it is showing faster improvements than the market had given it credit for. Net loss came in at -$569.3 million, flat year-over-year, but an improvement of a whopping 38.9% quarter-over-quarter.Gross profit landed at $1.2 billion, up 21.7% year-over-year. On $3.2 billion in revenue, that means gross margins of 37.5% vs. 37.9% in Q2 and 37% in Q3 2021. This metric is stable.If you exclude SBC, stock-based compensation, severance packs and lease termination fees, net loss even improved by 49.4% quarter-over-quarter. You can argue about excluding these things, of course, but SBC is not a cash expense and the rest is a one-time expense that will save more money in the future. Impressive to see such a turnaround in just a quarter.Adjusted EBITDA was -$357.7 million compared to -$165.5 million in Q3 2021, but 29.4% better than in Q2 2022. If you exclude SBC, severance and lease termination costs, EBITDA improved 44.7% quarter-over-quarter.Sea is still financially stable, with $7.3B in cash, equivalents and short-term investments. The company has $3.74 billion in convertible notes. The biggest part, $2.5 billion, is issued when Sea's stock price was much higher. They were offered at $318 per share. They have an interest of 0.25%. They have a conversion price of $477. Very well timed, Sea!YCharts, adapted by the authorI have already said that Sea reminds me in different ways of Amazon (AMZN). You always have to be very careful with such comparisons. I'm not implying that Sea will become the next Amazon; every situation is different. But there are similarities. One of them is that Amazon also issued notes just before the top. $1.25 billion in January 1999 at 4.75% and $655 million in February 2000 at 6.9%, both for 10 years.YCharts, adapted by the authorThis was one of the main reasons Amazon could survive the dotcom crash, while almost all other tech companies went under. Jeff Bezos promised the company would focus on profitability. Does that sound familiar? Bezos indeed turned the company and it became profitable 2.5 years later. The red circle shows when Amazon became profitable on operational cash flow, probably the best metric to track retail. You can also see how fast this goes up after that.YCharts, adapted by the authorI now hear some people say Sea will have to file for bankruptcy in a few years. That's very unlikely. If the stock price is still a lot under that price, which is likely, some note investors may want to be repaid in cash. But to start with, Sea has the necessary money up to now; secondly, often there are renegotiations, in which the notes are extended and the conversion prices are brought down.Forrest Li, Sea's Founder and CEO, sent out a very clear message to the doubters on the conference call about the notes or convertible bonds, the name he uses here:We aim to continue to maintain a net cash position, after budgeting for the full retirement in cash of outstanding convertible bonds and assuming no external funding.So, Li wants to have a cash position after having paid off all outstanding notes. That means that the company will go fast and that this quarter was just the start of a turnaround. Li added:I'm confident in our ability to execute well against our stated goals, as we have demonstrated so many times in the past.Let's look at the different groups now.ShopeeShopee's revenue was up 32.4% year-over-year to $1.9 billion, 38.8% in constant currency. Adjusted EBITDA for Shopee was -$495.7 million, improving 27.5% year-over-year and 23.5% quarter-over-quarter.The core marketplace revenue was up 54.1% year-over-year to $1 billion, which is very strong and the main driver of the fast improvements in Shopee's losses. This shows what Forrest Li has been preaching for years, that scale will bring cost advantages, which shows up in the numbers. The core marketplace mainly consists of third-party revenue and ads.That marketplace revenue is up much more than GMV shows scale advantages kicking in and ads and other services gaining traction. Shopee has also made its take-rate higher to make its transition to profitability faster.Shopee's Sales & Marketing expenses of $575.7M were down by 16.4% year-over-year and 14.6% quarter-over-quarter. Raising take rates, cutting on S&M and still being able to grow revenue by 54%, for the core marketplace. That's strong.VAS or Value-added services revenue was up 20.3% year-over-year to $600 million. This mainly consists of logistics. It hides the growth of the core marketplace a bit.There were 2 billion orders, up 19.2% year-over-year against tough comps. Last year in the same quarter, orders were up a whopping 123%. At the same time, orders were flat compared to the last quarter. Probably, this is because the company slashed the free shipping for most cheap products. This is no problem, I think.GMV grew 13.5% to $19.1B. On an FX-neutral basis, GMV was up 21.4%. That's on top of the 80.6% GMV growth in Q3 2021. Quarter-over-quarter growth, though, was just $100 million or 0.5%. I think this is what Forrest Li hinted at when he said on the conference call:We believe our strong focus on cash flow and achieving self sufficiency as much as possible is the right strategy to pursue at this stage, even though we may see no growth or even negative growth in certain operating metrics in the near-term.Slashing free shipping, higher take rates for merchants, lower sales and marketing spend, it all adds up to lower growth. Of course, there are two other very important elements here: the macroeconomic environment and the tough comps. In this environment, though, I think Sea is right in focusing on becoming profitable first. Forrest Li explains the strategy:To be very clear, we remain highly confident about the compelling long-term growth prospects of our businesses and the market. Once we achieve self-sufficiency, we will be in a position to decide to reaccelerate growth again in a much more efficient and a long-term sustainable manner.Something I have been irritated by for a long time is the exclusion of headquarters expenses in Adjusted EBITDA. From now on excluding HQ expenses will be called contribution margin, as it should be. Glad to finally see that corrected.Asia markets adjusted EBITDA came in at -$216.8 million, improving by 31.4% quarter-over-quarter. In most Southeast Asian countries, there was already a positive contribution margin for Shopee, including Indonesia, its biggest market. Malaysia and Taiwan recorded positive adjusted EBITDA.For the other markets adjusted EBITDA came in at 279 million, improving by 16% quarter-over-quarter. While management had previously shared that they wanted to have profitability for Shopee in its core markets in 2023, it added an extra goal now. Founder and CEO Forrest Li:we are currently working towards adjusted EBITDA breakeven for Shopee overall by the end of 2023.That includes Brazil. In Brazil, unit costs were $1.03 per order, improving 27.4% quarter-over-quarter. Revenue was up a blistering 225% year-over-year. Management confirmed that Sea would continue to invest in Brazil.Despite cost-cutting initiatives, Sea will continue investing in its platform and that leads to success. Forrest Li on the earnings call:The number of brands on Shopee Mall also continued to grow strongly by 36% year-on-year to over 42,000, reflecting more brands recognizing the value Shopee brings to them. Importantly, we are always looking to further improve the services we offer our sellers and provide a superior shopping experience for our buyers.GarenaSome call it Sea's problem child, but Garena has allowed Sea to grow so fast. DE or digital entertainment, as the company calls it, has been in decline, which is not strange after reopenings. Revenue came in at $892.9 million, down 0.8% quarter-over-quarter and down almost 20% from $1.1 billion last year. But just to show you how difficult last year's comps were, then revenue was up 93.2% for a division that mainly is about a game released 4 years prior. Bookings were down a bit more than revenue, 4% quarter-over-quarter on an FX-neutral basis, from $664.7 million vs. $717.4 million in Q2. Bookings are a window into the future, as they show the money players have already paid but that the company can't recognize yet, as it's not spent yet. The fast decline here seems to have stopped but the trend has not been reversed.Adjusted EBITDA was down from $333.6 million in Q2 to $289.9 million, down 13% quarter-over-quarter, but down 59% compared to last year.From the Q3 earnings call slides, adapted by the authorThat's of course what has worried the market and why it has been so worried about Sea. That Sea can now reduce overall losses by 29% in just a quarter is exactly what Wall Street wanted to see. Management shows results, not just vague promises. The graph also clearly shows that Sea still has more work to do. But the market now knows that management is doing what it should do.Garena's quarterly active users came in at 568.2 million, down from 619.3 million in Q2 or 8.3%. There are 51.5 million paying users or 9.1%, unchanged from Q2. Average bookings per user were $1.2, also flat quarter-over-quarter.Management further reduced the outlook for Garena by about 10%.Given rising macro uncertainties, and with reopening trends having an ongoing effect on the business, we are revising the guidance for digital entertainment. We now expect bookings for the full year of 2022 to be between US$2.6 billion and US$2.8 billion, as compared to the previous guidance of between US$2.9 billion to US$3.1 billion.Riot Games recently did not renew its contract with Garena, taking the publishing rights of its games League of Legends and Teamfight Tactics with it. The first analyst immediately asked if this would impact its relationship with Tencent, which bought Riot in 2011, one year after its partnership with Sea had started. This is the answer of Min Ju Song, the Director of The Group's Chief Corporate Officer’s Office, who always answers all questions.And the recent termination of the -- as we announced legal merchant partnership with Riot as a result of the expiry of agreement would have no impact on our overall publishing business as the contribution is immaterial from the particular game.(...)Also, this decision is a right decision and has no relationship to anything regarding the right of first refusal agreement what we have Tencent.We will have to see in 2023 when the agreement with Tencent expires. In the meantime, Garena keeps working on its pipeline but doesn't really want to share anything specifically. Min Ju Song:In terms of the game pipeline, we do have games in our pipeline on self-development as well as publishing. And as usual, we don't discuss specific games that we haven't announced for launch yet, but there are always things that we are working to.An interesting answer from Min Ju Song shone a light, not just on what management thinks but also how they work. It was about Arena of Valor, a game by TiMi Studios, which is part of Tencent.Of course, as we also shared regarding Arena of Valor, as an example that, it's a six-year-old game and we started to see some new growth in the game six years since its launch. So, we believe that after you reach certain core user base and for a very long-term game, with the right type of operations and efforts, there could be potential upside to the gameThis quote shows that management trusts that Free Fire still has a long runway. At the same time, as they are the distributor, they see what works and they can apply that to Free Fire.SeaMoneyRevenue came in at $326.9 million, up 147.2% year-over-year and a bit more than 17% quarter-over-quarter. Adjusted EBITDA was -$67.7 million, improving by 57.4% year-over-year and 39.3% quarter-over-quarter. The improvements came from better sales and marketing spending and the \"healthy profitable\" credit business.The total loans outstanding in Q3 added up to $2.2B, allowance for credit losses of $253.4M not included. Non-performing loans of more than 90 days came in at less than 4% of loans receivable and the average tenure of the loans was about 4 months.Something I didn't like was that management left out two metrics that they had shared before: active users and total payment volume. Even if these didn't look great, you should either give the numbers or explain why you don't report them anymore. There was no question about this from analysts. They were either briefed beforehand, didn't dare to ask the question, or were asleep at the wheel.No matter what, SeaMoney keeps growing explosively and that's great to see. The evolution that we have seen with Mercado Pago at Mercado Libre can be a model for SeaMoney. However, there is more competition in Southeast Asia than in Latin America when Mercado Pago started and even today. On top of that, management will deprioritize off-platform usage growth.Finally, at SeaMoney, we have deprioritized off-line adoption of ShopeePay and further diversifying funding for our credit business across multiple sources. Our current initiatives are designed to further quantify our leading positions and enable us to continue to win in our key markets over the long run.Management made it clear for all cost cuts that it would turn them back on when it's self-sufficient if they think they are worth it.Management keeps a close look at the loans that SeaMoney provides.With the growing volatility across our markets, we are closely monitoring the health of our credit business and our loan book.Up to now, though, loans are very profitable.To summarize this part, let's look at some interesting stats, made by Quartr.QuartrQuartrNotes from the conference callBefore we go into the conference call, I want to share my general observation about it. Forrest Li, the founder and CEO of Sea, has always been a part of my investment case for Sea. Of course, there's much more, but to me, he's a great leader. If you read his letters, even his leaked internal mails and if you hear him talk, you always have the feeling: \"Yes, this man knows what he is talking about.\"But during the last conference call, for the first time, I heard some doubt in his voice. Of course, this could be totally subjective. During this conference call, though, Li sounded confident and humble as usual.On the conference call, he first mentioned that Sea had its IPO 5 years ago and that he has learned a lot by being a public company. Then he went immediately on to the main focus of the quarter. I have added some italic fonts to underline the important passages.Given the significant uncertainties in the macro environment, we have entirely shifted our mindset and focus from growth to achieving self-sufficiency and profitability as soon as possible without relying on any external funding.We are adapting quickly to the changing climate because we believe that companies that fail to do so may not survive. All our efforts are directed to ensure that Sea not only survives the macro storms, but emerge stronger, more efficient, and more resilient and as a long-term winner in our markets. Right away straight to the core: pointing out the problem and showing what the strategy of the company is. That's a good start. We already had this in the Overview Of The Week, but it can be a reminder here:I announced in mid-September that the management team will stop receiving cash compensation until we achieve self-sufficiency.Forrest Li also warned, and that was repeated by the other management teams, that the upcoming quarters may be somewhat lumpy but restated that Sea wants Shopee to be breakeven on an adjusted EBITDA basis before the end of the year next year.In the coming quarters, we will continue to focus on improving key financial metrics for the long-term health of our business. While our results may fluctuate and affected by the macro environment and many other factors, we are currently working towards adjusted EBITDA breakeven for Shopee, overall by the end of 2023.During the Q&A, management answered that the efficiencies will come from both sides, so controlling expenses and revenue growth.There was also an interesting question about margin profile for Shopee over the long term. This was the answer:In terms of the margins for Shopee, as we shared, there are main two components in our marketplace revenue, once the core marketplace revenue, the other is value-added services.Marketplace revenue is mainly transaction-based fees and advertisement. We believe the margin for this portion of the revenue in the long-term steady state could potentially be more in line with what you would normally see for a pure-play marketplace type of business model.The typical EBITDA margin for e-commerce is between 5% and 15%. Amazon, for example, is usually around 10% and MercadoLibre (MELI) is as well. Net margins are generally between 3% and 5%, although there are exceptions on both sides, of course. If Shopee would already be profitable now, that could mean EBITDA between $200 million and $600 million for this quarter. Min Ju Song continued:Now because of this revenue is mostly related to logistics services, these will be more reflected of potentially logistic services type of margin in the long run.This is something I didn't know, but I found a McKinsey report that says that EBIT margins are typically 1% to 11% in the sector.My take on this quarterThis quarter could mark the turnaround at Sea. That was necessary, as this chart clearly shows.QuartrThe turnaround is fast and big. While the improvements are impressive, Forrest Li said that most would only be visible in the upcoming quarters.As we began more focused efforts on optimizing HQ costs, including R&D costs, from the later part of the third quarter, we expect savings on shared costs to start to show in the following quarters.The word 'efficiency' was used 25 times during the conference call. I think that shows enough what management is focused on.To me, the biggest takeaway is that management did what it had promised. Again, I should add. This management team delivers on its promises and that is great to see.The fact that Forrest Li assured the market that the company wants to pay all of its outstanding notes and still have cash reassured me and probably everyone following Sea.If management continues to deliver as it has done again, I see no reason not to buy Sea's stock, even though I would only add very little at a time. After all, as management said, the quarters could be lumpy, so maybe better prices could still be in front of us.Sea has shown again that it's worth investors' trust. It has adapted very fast to a totally new situation.ConclusionWhile this was not a quarter to get really excited about as such, it was the quarter that Sea needed. It has proven that it can turn around the ship fast. The focus on profitability is the right choice. The affirmation that Sea wants to remain cash positive after paying off all of the convertible bonds is very encouraging. This removes quite a bit of the risk that had popped up in the last quarter.To me, Sea is much more investable again. The upcoming quarters may be lumpy but the long-term prospects for this company are still good. It's still early in its development and has several tailwinds helping its ship sail safely.In the meantime, keep growing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935690133,"gmtCreate":1663077156523,"gmtModify":1676537197785,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9935690133","repostId":"1106015708","repostType":4,"repost":{"id":"1106015708","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1663076444,"share":"https://ttm.financial/m/news/1106015708?lang=&edition=fundamental","pubTime":"2022-09-13 21:40","market":"us","language":"en","title":"Crypto Stocks Slumped in Morning Trading with Marathon and MicroStrategy Falling over 9%","url":"https://stock-news.laohu8.com/highlight/detail?id=1106015708","media":"Tiger Newspress","summary":"Crypto stocks slumped in morning trading with Marathon and MicroStrategy falling over 9%.","content":"<html><head></head><body><p>Crypto stocks slumped in morning trading with Marathon and MicroStrategy falling over 9%.<img src=\"https://static.tigerbbs.com/3aff0bb276b5c8445d546b098445318c\" tg-width=\"301\" tg-height=\"478\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Stocks Slumped in Morning Trading with Marathon and MicroStrategy Falling over 9%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Stocks Slumped in Morning Trading with Marathon and MicroStrategy Falling over 9%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-13 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto stocks slumped in morning trading with Marathon and MicroStrategy falling over 9%.<img src=\"https://static.tigerbbs.com/3aff0bb276b5c8445d546b098445318c\" tg-width=\"301\" tg-height=\"478\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","MSTR":"MicroStrategy","MARA":"Marathon Digital Holdings Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106015708","content_text":"Crypto stocks slumped in morning trading with Marathon and MicroStrategy falling over 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904987107,"gmtCreate":1659975183312,"gmtModify":1703476553678,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904987107","repostId":"1111364601","repostType":4,"repost":{"id":"1111364601","pubTimestamp":1659972720,"share":"https://ttm.financial/m/news/1111364601?lang=&edition=fundamental","pubTime":"2022-08-08 23:32","market":"us","language":"en","title":"The S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1111364601","media":"Seeking Alpha","summary":"SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 20","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The bear market of 2022 has eerily similar characteristics of bear markets of the past.</li><li>The 2022 bear market looks very similar to those in 1937, 2000, and 2008.</li><li>If the bear markets are similar, the 2022 version is nearing its most dangerous phase.</li></ul><p>History can act as a guide, not because it can predict the future, but because sometimes it can prepare us for what may happen next. Investing is very much about understanding the fundamentals and the technical trends. But the element that is lost most times is emotion, and it is the emotion of how people respond to news or events that seem to endure, shaping history.</p><p>Similarities in today's stock market and S&P 500 (SP500) echo the great bear markets of the past. The 2022 S&P 500 path has followed the paths of 1936, 2000, and 2008 cycles. It isn't to say that future is on a predetermined course; it is not. But it can give us a glimpse into what may happen next based on how bear markets and emotions have steered past performance.</p><p><b>1937</b></p><p>After rallying from March 1935 to March 1937, the S&P 500 dropped sharply until the summer of 1937, by nearly 19%. That was when the index saw a solid summer rally, which lifted the S&P 500 more than 14% off its lows, peaking around August 20, 1937. Following that summer rally, the market fell sharply, nearly 70% between September 1937 and April 1938.</p><p>Using a 31,065-day offset to overlay the S&P 500 of today versus that bear market, we can see the S&P 500 of today has plotted a very similar course to that of 1937. It would suggest that the S&P 500 of today is likely to be hitting an inflection point in the next couple of weeks. It could result in the recent 2022 rally continuing, the comparison with 1937 no longer working, or the S&P 500 of 2022 turning sharply lower as the market did in 1937.</p><p><img src=\"https://static.tigerbbs.com/bf9e75e86ede6d5127a530f868dcedf3\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>2000</b></p><p>The bear market that started in the year 2000 also shares many of the same properties as the S&P 500 of today. In this case, using a 7874-day offset, the two charts will line up. Following the 1998 sell-off, the S&P 500 rallied sharply until 2000. The S&P 500 of 2000 was more resilient at first, retesting its March 2000 highs again in September 2000. After that, the index saw a pronounced sell-off, followed by a January 2001 rally. That January 2001 rally marked the final rebound, followed by a nearly 20% decline into April 2001.</p><p>Again, the market of today is at the same point in time. Therefore, if the S&P 500 is going to turn lower and follow the path of 2000, that sharp decline could happen over the next couple of weeks.</p><p><img src=\"https://static.tigerbbs.com/c67e3a7716980557c4c7d467f03d1b40\" tg-width=\"640\" tg-height=\"255\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>2008</b></p><p>Finally, the bear market of 2008 seems to match the S&P 500 of 2022 the most closely. A 5,218-day offset lines the double bottom in the fall of 2020 up with the double bottom in the spring of 2006. Like the two previous bear market examples, after peaking in October 2007, the S&P 500 went lower on a slow and steady decline of nearly 19%. That was followed by a rally in the spring of 2008, which led to a gain of almost 12%. Of course, after that rally, the S&P 500 again found itself turning lower, erasing the spring gains.</p><p><img src=\"https://static.tigerbbs.com/8d85ceaf1cd7900663bbf9dbbe300dee\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Similarities</b></p><p>The declines may differ in each of these cases, but it isn't the reason that matters. It is the patterns the market followed that matter. When overlaying 1937, 2000, and 2008 all together on one chart, they show that the bull rally phases had nearly the same duration, with all peaking within a 6-month time frame, followed by a sharp decline, a very sharp countertrend rally followed by a significantly steeper decline.</p><p><img src=\"https://static.tigerbbs.com/03c254a06087baa45767c1b5a5d0c6aa\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Does this mean the market of 2022 has to follow the same path? No, of course, it does not. But if this is a bear market we are in, and the pattern continues, the market may be entering the most dangerous part of the bear market. The part where a powerful rally catches everyone off guard and is followed by a sharp and sudden decline.</p><p><img src=\"https://static.tigerbbs.com/34566ce27f9a5b7d5ac6c173ee363be9\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>What happens next for stocks is anyone's guess, and these charts do not tell us what that outcome will be. But the power of history and human emotion tells us what <i>may</i> happen next, and in this case, the answer may be staring us right in the face for all to see.</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>The S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 23:32 GMT+8 <a href=https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 2022 bear market looks very similar to those in 1937, 2000, and 2008.If the bear markets are similar, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111364601","content_text":"SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 2022 bear market looks very similar to those in 1937, 2000, and 2008.If the bear markets are similar, the 2022 version is nearing its most dangerous phase.History can act as a guide, not because it can predict the future, but because sometimes it can prepare us for what may happen next. Investing is very much about understanding the fundamentals and the technical trends. But the element that is lost most times is emotion, and it is the emotion of how people respond to news or events that seem to endure, shaping history.Similarities in today's stock market and S&P 500 (SP500) echo the great bear markets of the past. The 2022 S&P 500 path has followed the paths of 1936, 2000, and 2008 cycles. It isn't to say that future is on a predetermined course; it is not. But it can give us a glimpse into what may happen next based on how bear markets and emotions have steered past performance.1937After rallying from March 1935 to March 1937, the S&P 500 dropped sharply until the summer of 1937, by nearly 19%. That was when the index saw a solid summer rally, which lifted the S&P 500 more than 14% off its lows, peaking around August 20, 1937. Following that summer rally, the market fell sharply, nearly 70% between September 1937 and April 1938.Using a 31,065-day offset to overlay the S&P 500 of today versus that bear market, we can see the S&P 500 of today has plotted a very similar course to that of 1937. It would suggest that the S&P 500 of today is likely to be hitting an inflection point in the next couple of weeks. It could result in the recent 2022 rally continuing, the comparison with 1937 no longer working, or the S&P 500 of 2022 turning sharply lower as the market did in 1937.Bloomberg2000The bear market that started in the year 2000 also shares many of the same properties as the S&P 500 of today. In this case, using a 7874-day offset, the two charts will line up. Following the 1998 sell-off, the S&P 500 rallied sharply until 2000. The S&P 500 of 2000 was more resilient at first, retesting its March 2000 highs again in September 2000. After that, the index saw a pronounced sell-off, followed by a January 2001 rally. That January 2001 rally marked the final rebound, followed by a nearly 20% decline into April 2001.Again, the market of today is at the same point in time. Therefore, if the S&P 500 is going to turn lower and follow the path of 2000, that sharp decline could happen over the next couple of weeks.Bloomberg2008Finally, the bear market of 2008 seems to match the S&P 500 of 2022 the most closely. A 5,218-day offset lines the double bottom in the fall of 2020 up with the double bottom in the spring of 2006. Like the two previous bear market examples, after peaking in October 2007, the S&P 500 went lower on a slow and steady decline of nearly 19%. That was followed by a rally in the spring of 2008, which led to a gain of almost 12%. Of course, after that rally, the S&P 500 again found itself turning lower, erasing the spring gains.BloombergSimilaritiesThe declines may differ in each of these cases, but it isn't the reason that matters. It is the patterns the market followed that matter. When overlaying 1937, 2000, and 2008 all together on one chart, they show that the bull rally phases had nearly the same duration, with all peaking within a 6-month time frame, followed by a sharp decline, a very sharp countertrend rally followed by a significantly steeper decline.BloombergDoes this mean the market of 2022 has to follow the same path? No, of course, it does not. But if this is a bear market we are in, and the pattern continues, the market may be entering the most dangerous part of the bear market. The part where a powerful rally catches everyone off guard and is followed by a sharp and sudden decline.BloombergWhat happens next for stocks is anyone's guess, and these charts do not tell us what that outcome will be. But the power of history and human emotion tells us what may happen next, and in this case, the answer may be staring us right in the face for all to see.","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936155741,"gmtCreate":1662732735584,"gmtModify":1676537129270,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936155741","repostId":"1102080267","repostType":4,"repost":{"id":"1102080267","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1662730336,"share":"https://ttm.financial/m/news/1102080267?lang=&edition=fundamental","pubTime":"2022-09-09 21:32","market":"us","language":"en","title":"Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump","url":"https://stock-news.laohu8.com/highlight/detail?id=1102080267","media":"Tiger Newspress","summary":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Cha","content":"<html><head></head><body><p>U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p>The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.</p><p>Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.</p><p>The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.</p><p>Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.</p><p>Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.</p><p>“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”</p><p>“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.</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>Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-09 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p>The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.</p><p>Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.</p><p>The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.</p><p>Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.</p><p>Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.</p><p>“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”</p><p>“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102080267","content_text":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997159439,"gmtCreate":1661767243423,"gmtModify":1676536575120,"author":{"id":"3563497156666305","authorId":"3563497156666305","name":"ArsArt","avatar":"https://static.tigerbbs.com/704db10def2b958d7325048354ec5fd1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563497156666305","authorIdStr":"3563497156666305"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997159439","repostId":"2262162956","repostType":4,"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4098249413362640","authorId":"4098249413362640","name":"Assassin85","avatar":"https://static.tigerbbs.com/723f517b7f9842f8a7c3443bdc66100f","crmLevel":2,"crmLevelSwitch":0,"idStr":"4098249413362640","authorIdStr":"4098249413362640"},"content":"Please like back","text":"Please like back","html":"Please like back"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}