+Follow
munkit
No personal profile
38
Follow
8
Followers
0
Topic
0
Badge
Posts
Hot
munkit
2021-07-19
$Proterra Inc.(PTRA)$
Proterra to the ground!!
munkit
2021-09-01
$Tesla Motors(TSLA)$
come on TSLA!
munkit
2021-06-23
Expect to the moon soon?!?
Tech leads way to Wall Street rebound as Powell promises steady hand
munkit
2021-07-17
$Proterra Inc.(PTRA)$
anyone in the same sinking boat as I am?
munkit
2021-05-28
$NIO Inc.(NIO)$
go go go break $40!
munkit
2021-04-24
Like and comment pls.Any tax changes will bring about certain reaction from the investors and market. It's hard to tell what are the next effects.
Would Tax Hikes Spell Doom for the Stock Market?
munkit
2021-04-13
$ArcLight Clean Transition Corp(ACTC)$
Stuck for life. Dulan Max
munkit
2022-02-23
$PayPal(PYPL)$
Looks like there no bottom insight
munkit
2021-07-08
$Proterra Inc.(PTRA)$
the worst in my portfolio now. :(
munkit
2021-04-24
Please like and comment thx
Tesla Stock Split: Will It Happen Again?
munkit
2022-05-26
Ok please like thanks
After-Hours Stock Movers: Twitter Climbs After Musk Increases Commitment to $33.5B
munkit
2021-06-30
$BlackBerry(BB)$
from blackberry to blue black now :(
munkit
2021-05-06
Comment and like pls! PYPL go go go!
PayPal CEO touts ‘next generation digital wallet’ after earnings beat
munkit
2021-07-12
$Proterra Inc.(PTRA)$
what just happened?!?!?
munkit
2021-05-25
Noted. Like and comment pls
Cathie Wood Buys Another $42M In Twitter Stock, Also Adds DraftKings, Netflix
munkit
2023-01-11
Ok thx
Tesla Stock: Go Fishing Below $100?
munkit
2022-02-19
$PayPal(PYPL)$
$80 by end of next week?
munkit
2021-07-13
$Proterra Inc.(PTRA)$
has it flat lined?
munkit
2021-06-30
$Proterra Inc.(PTRA)$
will it ever break $20 and beyond in the next quarter?
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3563792027372742","uuid":"3563792027372742","gmtCreate":1600698595327,"gmtModify":1613012902944,"name":"munkit","pinyin":"munkit","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":8,"headSize":38,"tweetSize":77,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.31","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.09","exceedPercentage":"80.40%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.26","exceedPercentage":"80.09%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":9943281868,"gmtCreate":1679485907955,"gmtModify":1679485911157,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>Will it go above $200 or drop ? ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>Will it go above $200 or drop ? ","text":"$Tesla Motors(TSLA)$ Will it go above $200 or drop ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943281868","isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943891715,"gmtCreate":1679324426938,"gmtModify":1679324428427,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ </a><v-v data-views=\"1\"></v-v>","text":"$Palantir Technologies Inc.(PLTR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943891715","isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951199685,"gmtCreate":1673412351948,"gmtModify":1676538832845,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"Ok thx ","listText":"Ok thx ","text":"Ok thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951199685","repostId":"2302632190","repostType":2,"repost":{"id":"2302632190","pubTimestamp":1673406117,"share":"https://ttm.financial/m/news/2302632190?lang=&edition=fundamental","pubTime":"2023-01-11 11:01","market":"us","language":"en","title":"Tesla Stock: Go Fishing Below $100?","url":"https://stock-news.laohu8.com/highlight/detail?id=2302632190","media":"Seeking Alpha","summary":"SummaryTSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against","content":"<html><head></head><body><h2>Summary</h2><ul><li>TSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news.</li><li>The valuation of the company, which was previously considered too high, no longer seems so high, even if we focus only on free cash flows and their realistic projections.</li><li>I try to incorporate some really conservative assumptions into a DCF model and come up with a fair value of about $98.5 per share.</li><li>So once the price falls below this level, GARP investors might consider gradually building a position in the stock.</li><li>I leave my rating Neutral in the hope that TSLA will slide into undervaluation relatively soon.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf807f19c74502010904c6372b10e2e6\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>grandriver/E+ via Getty Images</span></p><h2>Intro & Thesis</h2><p>This is my 5th post on Tesla, Inc. (NASDAQ:TSLA) and the 4th neutral one. In my opinion, the stock has experienced a textbook overreaction, as the valuation of the company, previously considered too high, no longer seems so, even if wefocus only on free cash flows and their realistic projections. I try to incorporate some conservative assumptions into a DCF model and come up with a fair value of about $98.5 per share - it seems to me that once the price falls below this level, GARP investors might consider gradually building a position in the stock.</p><h2>Tesla's Price Action: Causes & Consequences</h2><p>Like the rest of the market at the time, Tesla stock began to experience growth problems in early November 2021 when, after rising nearly 60% just 1 month before, it began a sharp decline that was followed by bouts of recovery but eventually marked the beginning of a long-term downtrend that continues to this day.</p><p>The descending channel on the way down formed exciting entry points for TSLA to rally, but selling pressure was so intense that the stock could not resist and continued to update its local lows. As a result, TSLA has fallen >74% from its November 2021 peak and is currently trading about 56% below its 200-day simple moving average:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8a28b85e5767a6de072aa2489bc31101\" tg-width=\"640\" tg-height=\"310\" width=\"100%\" height=\"auto\"/><span>TrendSpider, TSLA, author's notes</span></p><p>One of the biggest problems for the company at the start of its downward trajectory was valuation - recall that Tesla was trading at 160 times and 360 times TTM-based EV/EBITDA and price-to-earnings ratios, respectively, in November 2021:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23ba164f5855603b1dd81c83fba25e8c\" tg-width=\"640\" tg-height=\"484\" width=\"100%\" height=\"auto\"/><span>YCharts, TSLA, author's notes</span></p><p>The multiple contraction - at least based on the above 3 TTM-based metrics - was about 86.3%, which is too sharp a decline for a simple adjustment based on an interest rate hike. And if we look at the forward ratios, then the multiple contraction in some places reaches ~94%:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5b1684ab867b6d7326ee0f804a94ab5\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"/><span>Data by YCharts</span></p><p>To give you an idea of the extent of today's multiple contraction - during the COVID-19 era, EV/EBITDA ratio bottomed out at about 18-20x, while the 1-year forward ratio is now ~13x.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f45de9e952829689c0fd6dcf9f437fdf\" tg-width=\"640\" tg-height=\"421\" width=\"100%\" height=\"auto\"/><span>YCharts, TSLA, author's notes</span></p><p>There must be a good reason for such a sharp decline - TSLA has several such reasons at once, and all of them are recent. However, the decline has also accelerated relatively recently - the stock lost >36% over the past month.</p><p><i>The first</i> and perhaps most important reason for the fall is Elon Musk's refusal to step down as CEO of Twitter until he finds a worthy successor for the role. Tesla investors were [and presumably still are] concerned that the search will drag on and Musk will lose control of his main asset.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b701128d668ffb0d1438291dc6b398e\" tg-width=\"640\" tg-height=\"212\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha News, author's notes</span></p><p><i>The second</i> news item is huge selling volumes from Musk, who mercilessly sold his shares in large portions in early November and December:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/434305643aa50e6a7652c28035f50323\" tg-width=\"340\" tg-height=\"567\" width=\"100%\" height=\"auto\"/><span>TrendSpider, TSLA's Insiders, author's notes</span></p><p><i>The third</i> piece of news is the introduction of a new hiring freeze and further layoffs through 2023 (presumably Q1), as Electrek writes, citing "a reliable source familiar with the matter."</p><p><i>The fourth piece</i> of news is thehalt of productionin Shanghai, which in 2021 accounted for 51.7% of Tesla's global production capacity. While the company did not specify a reason for the production halt, Reuters previously reported that the suspension of Model Y assembly at the Shanghai plant at the end of the month would be part of a 30% reduction in planned production for the model in December. Additionally, sources have noted that employees at Tesla's Gigafactory in Shanghai and supplier plants have been falling ill due to a recent outbreak of COVID cases in the area.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19eb26f1096b415c5a4694ddade53ced\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha News, author's notes</span></p><p><i>The fifth piece</i> of news is the record deliveries in Q4 2022 that the company announced a few days ago, which unfortunately for TSLA investors did not meet consensus estimates.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3acf215e76cf3a376b3eb5ad27020e42\" tg-width=\"640\" tg-height=\"272\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha News, author's notes</span></p><p><i>The sixth</i> <i>piece</i> of news was an addition to the 4th one - the company was forced to cut prices of its Model Y and Model 3 in China for the second time in less than three months.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2a9bbae14d732bd0d60387c76beb4539\" tg-width=\"640\" tg-height=\"196\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha News, author's notes</span></p><p>So all this news has created a kind of perfect storm that has led to an unprecedented multiple contraction discussed above.</p><p>Analysts at some investment banks have added fuel to the fire by massively lowering their price targets after the share price plunge - you know, previous recommendations of $200-250 per share would have assumed 77-87% growth in the stock over the next 12 months, which seems too generous and not permissible for the sell side.</p><p>One of the most significant downgrades, in my opinion, was made by analysts Ryan Brinkman,Rajat Gupta, CFA, Manasvi Garg, et al. of J.P. Morgan. Their valuation calculations and general reasoning seemed the most realistic to me [compared say to BofA and Goldman Sachs] back in October 2022. This time I think the bank's updated report deserves our attention, just like last time.</p><h2>JPMorgan's New $125 Target Price - Assumptions And Reality Check</h2><p>It is worth noting that, unlike the Street consensus, JPMorgan analysts expected Tesla to deliver significantly less in Q4 2022, so the company actually slightly outperformed the bank's internal forecasts by +4%. Citing multiple price cuts in China during the quarter and the $7,500 discount in the U.S. at the end of Q4, JPMorgan lowered its price target from $150 per share [October 2022] to $125 per share as of Jan. 3, 2023:</p><blockquote>4Q deliveries exceeded the 388,500 we had modeled by +4%. However, this modest beat to our deliveries estimate and modest miss to consensus appears to have come at the cost of atypically high discounting (for example, a $7,500 discount in the US late in 4Q more reminiscent of traditional automakers trading at substantially lower earnings multiples, and multiple price cuts in China throughout the quarter). We are lowering our 4Q EPS estimate from $1.19 prior — flowing only the +4% volume beat through our model would have implied EPS of $1.28, although, with the ratcheting down of pricing and margin expectations, we now forecast $1.16.</blockquote><blockquote>Source: JPMorgan on TSLA, January 3, 2023</blockquote><p>It's interesting to look at the assumptions the bank used in valuing Tesla. They assume that annual sales growth (while remaining impressive overall) is likely to decline every year from now on (they forecast +26% growth in FY2023, +24% in FY2024, and +20% in FY2025), even in the face of growing competition. Tesla's last model refresh (the updated S & X) dates to spring 2021, and many competing models have entered the market since then. Investors' forecasts for +50% annual growth have been helped by the fact that demand has so far outstripped supply. However, with significant capacity coming online in 2023 as a whole compared to 2022 (annual installed run-rate capacity according to 3Q22 shareholder letter of > 1.9M as Austin and Berlin ramp compared to deliveries of 1.3M. in 2022), supply in FY2023 is unlikely to be the limiting factor on Tesla's deliveries that it has been in prior years, so a significant miss on deliveries relative to expectations could be particularly damaging to investors' long-term expectations. As a result, analysts have significantly lowered their EPS estimates: FY2023 to $4.60 from $4.84, FY2024 to $5.15 from $5.35, and FY2025 to $5.55 from $5.65.</p><p>The new price target of $125 per share is predicated upon a 50/50 blend of DCF and 2025E-based multiples analysis (itself a blend of P/E, EV/EBITDA, and price-to-sales). To help you better understand the entire reasoning behind JPM's model, I have summarized the various parts of the model in one image:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58d337bc7188a17b2eeb4fe14ac90428\" tg-width=\"640\" tg-height=\"381\" width=\"100%\" height=\"auto\"/><span>JPMorgan's valuation model for Tesla, author's compilation with notes</span></p><p>The multiple-based analysis consists largely of comparing Tesla by 5 categories:</p><ul><li><i>Disruptive Technology</i>: Apple (AAPL), Google (GOOGL);</li><li><i>Clean Technology</i>: First Solar (FSLR), SunPower (SPWR);</li><li><i>Auto Tech / Innovation</i>: BorgWarner (BWA), Gentex (GNTX);</li><li><i>Luxury Automakers</i>: BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF);</li><li><i>High-Growth Automakers</i>: BYD (OTCPK:BYDDF), Great Wall (OTCPK:GWLLF), and SAIC Motor.</li></ul><p>As you can see, JPM did not include classic American manufacturers such as Ford (F) or General Motors (GM) in this list, which is unacceptable in my opinion - after all, the end market for them is almost the same. It seems to me that if the 6th category were included in the above list, the implied value for the entire segment would be somewhat less than the $148 per share we see now. So the DCF-based projections are a much more reliable metric, in my opinion.</p><p>I propose to independently build a DCF model to value TSLA stock -<i>how realistic is the current price in terms of its "intrinsic value"?</i></p><h2>DCF Based On My Reality</h2><p>I write "<i>My Reality</i>" because some of the assumptions I will take as a basis will most likely not coincide with yours - this is perfectly normal, I suggest discussing our contradictions in the comments section.</p><p>JPM has projected a gradual decline in revenue growth from +26% to +20% in the last projected year (FY25) - I want to be even more conservative here and assume that revenue will grow at a rate of 20% from FY23 to FY25, and by only 15% in FY26. Also, I expect the EBITDA margin to drop to 8% in FY23 (TTM EBITDA margin now = 21.65%) and EBIT margin to be negative -50 bps due to increased expenses (TTM EBIT margin now = 16.83%). So, I try to take into account the whole cascade of negative news I described at the very beginning of this article in the model. I also want to take into account the rather high risk of a recession somewhere in the middle of 2023, which I have mentioned repeatedly in my articles.</p><p>D&A as a percentage of total revenue is expected to remain constant at 7.5% throughout the forecast period, although this percentage has declined rapidly in recent years - I expect D&A non-cash costs to return to 2018-2019 levels as the asset base increases.</p><p>The working capital ratios - receivables to sales, inventories to sales, payables to sales - look fairly consistent and can be easily extrapolated for several years into the future without major changes [focus on averages]. The ratio of CAPEX to sales is one of the most important inputs, as this assumption strongly influences FCF generation. In the past, this ratio was quite variable. However, as Tesla scaled its operations, the ratio of this metric systematically decreased:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccdcae0fc8c85194f0715743a4ba20c3\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>Data by YCharts</span></p><p>In the event of a recession in 2023, I expect CAPEX-to-revenue to fall even further - to 7%. In 2024, it will grow again (8%) and gradually reach 9% in FY26 as production continues to expand.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a583e039e8dbab7ed4ba1d0c2ea6924\" tg-width=\"640\" tg-height=\"220\" width=\"100%\" height=\"auto\"/><span>stratosphere.io, author's inputs</span></p><p>The WACC of TSLA calculated by JPM at 12.3% is significantly more plausible than the WACC of Morgan Stanley at 9%.I calculate my WACC based on the CAPM model:</p><ul><li>beta = 1.9;</li><li>cost of debt = 8%;</li><li>tax rate = 15%;</li><li>risk-free rate = 3.6%;</li><li>cost of equity = 4.7%</li></ul><p>So my WACC is only 0.3% higher than JPM's - 12.6%. In my opinion, this is a very reasonable discount rate for the risk investors take in buying Tesla shares.</p><p>The only point where my model differs fundamentally from the JPM model is the long-term growth rate, in place of which I will use the EV/EBITDA exit multiple. Why?</p><p>Because if I take the same 10% long-term growth rate and lower it slightly, say to 9.5%, then my bottom line - TSLA's intrinsic share price - will drop almost 19%. In my opinion, this kind of sensitivity is unacceptable - it's much more reasonable to imagine what exit multiple Tesla might be trading at in a few years. In terms of EV/EBITDA, it's 13x today. Let us assume that despite the obvious market overreaction, TSLA's EV/EBITDA ratio does not rise [but does not fall much either] - 12x seems like a reasonable assumption to me.</p><p><i>So what is the result of all the above?</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/13419ad1fee629fc6c9ba13bbcd52b0c\" tg-width=\"920\" tg-height=\"922\" width=\"100%\" height=\"auto\"/><span>Source: Author's calculations</span></p><p>My model turned out to be very independent of how the WACC changes - that's not quite correct, but it's better than having it change 180 degrees after every little fluctuation in inputs.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc6371f1b624e264d364f70b147f8bb8\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"/><span>Sensitivity table for author's DCF</span></p><h2>The Verdict For Tesla Stock</h2><p>No one knows exactly when the downward slide of Tesla stock will end. However, one thing seems clear to me - TSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news and a lack of positive news for the company.</p><p>At the end of December, I assumed that TSLA would experience a strong rebound (then from a level of ~$120 per share) after Elon Musk announced that he would not sell his shares for another 1-2 years. And this one positive news would most likely be enough if no new negative news came. However, now the stock is quickly approaching its fair value, which can be achieved even based on very conservative assumptions.</p><p>I calculated that Tesla's fair value is about 13% below current levels. So investors looking for growth at a good price should start taking TSLA positions as soon as the next sell-off develops.</p><p>Since my fair price is lower than the current one and the market is moving very fast, I leave my rating Neutral in the hope that TSLA will slide into undervaluation relatively soon.</p><p><i>This article is written by Danil Sereda for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha_fund","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 Stock: Go Fishing Below $100?</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 Stock: Go Fishing Below $100?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-11 11:01 GMT+8 <a href=https://seekingalpha.com/article/4568946-tesla-stock-go-fishing-below-100><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news.The valuation of the company, which was previously considered...</p>\n\n<a href=\"https://seekingalpha.com/article/4568946-tesla-stock-go-fishing-below-100\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4527":"明星科技股","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4550":"红杉资本持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A(dist)","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4581":"高盛持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4534":"瑞士信贷持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4099":"汽车制造商","BK4511":"特斯拉概念","TSLA":"特斯拉","BK4548":"巴美列捷福持仓","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B"},"source_url":"https://seekingalpha.com/article/4568946-tesla-stock-go-fishing-below-100","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302632190","content_text":"SummaryTSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news.The valuation of the company, which was previously considered too high, no longer seems so high, even if we focus only on free cash flows and their realistic projections.I try to incorporate some really conservative assumptions into a DCF model and come up with a fair value of about $98.5 per share.So once the price falls below this level, GARP investors might consider gradually building a position in the stock.I leave my rating Neutral in the hope that TSLA will slide into undervaluation relatively soon.grandriver/E+ via Getty ImagesIntro & ThesisThis is my 5th post on Tesla, Inc. (NASDAQ:TSLA) and the 4th neutral one. In my opinion, the stock has experienced a textbook overreaction, as the valuation of the company, previously considered too high, no longer seems so, even if wefocus only on free cash flows and their realistic projections. I try to incorporate some conservative assumptions into a DCF model and come up with a fair value of about $98.5 per share - it seems to me that once the price falls below this level, GARP investors might consider gradually building a position in the stock.Tesla's Price Action: Causes & ConsequencesLike the rest of the market at the time, Tesla stock began to experience growth problems in early November 2021 when, after rising nearly 60% just 1 month before, it began a sharp decline that was followed by bouts of recovery but eventually marked the beginning of a long-term downtrend that continues to this day.The descending channel on the way down formed exciting entry points for TSLA to rally, but selling pressure was so intense that the stock could not resist and continued to update its local lows. As a result, TSLA has fallen >74% from its November 2021 peak and is currently trading about 56% below its 200-day simple moving average:TrendSpider, TSLA, author's notesOne of the biggest problems for the company at the start of its downward trajectory was valuation - recall that Tesla was trading at 160 times and 360 times TTM-based EV/EBITDA and price-to-earnings ratios, respectively, in November 2021:YCharts, TSLA, author's notesThe multiple contraction - at least based on the above 3 TTM-based metrics - was about 86.3%, which is too sharp a decline for a simple adjustment based on an interest rate hike. And if we look at the forward ratios, then the multiple contraction in some places reaches ~94%:Data by YChartsTo give you an idea of the extent of today's multiple contraction - during the COVID-19 era, EV/EBITDA ratio bottomed out at about 18-20x, while the 1-year forward ratio is now ~13x.YCharts, TSLA, author's notesThere must be a good reason for such a sharp decline - TSLA has several such reasons at once, and all of them are recent. However, the decline has also accelerated relatively recently - the stock lost >36% over the past month.The first and perhaps most important reason for the fall is Elon Musk's refusal to step down as CEO of Twitter until he finds a worthy successor for the role. Tesla investors were [and presumably still are] concerned that the search will drag on and Musk will lose control of his main asset.Seeking Alpha News, author's notesThe second news item is huge selling volumes from Musk, who mercilessly sold his shares in large portions in early November and December:TrendSpider, TSLA's Insiders, author's notesThe third piece of news is the introduction of a new hiring freeze and further layoffs through 2023 (presumably Q1), as Electrek writes, citing \"a reliable source familiar with the matter.\"The fourth piece of news is thehalt of productionin Shanghai, which in 2021 accounted for 51.7% of Tesla's global production capacity. While the company did not specify a reason for the production halt, Reuters previously reported that the suspension of Model Y assembly at the Shanghai plant at the end of the month would be part of a 30% reduction in planned production for the model in December. Additionally, sources have noted that employees at Tesla's Gigafactory in Shanghai and supplier plants have been falling ill due to a recent outbreak of COVID cases in the area.Seeking Alpha News, author's notesThe fifth piece of news is the record deliveries in Q4 2022 that the company announced a few days ago, which unfortunately for TSLA investors did not meet consensus estimates.Seeking Alpha News, author's notesThe sixth piece of news was an addition to the 4th one - the company was forced to cut prices of its Model Y and Model 3 in China for the second time in less than three months.Seeking Alpha News, author's notesSo all this news has created a kind of perfect storm that has led to an unprecedented multiple contraction discussed above.Analysts at some investment banks have added fuel to the fire by massively lowering their price targets after the share price plunge - you know, previous recommendations of $200-250 per share would have assumed 77-87% growth in the stock over the next 12 months, which seems too generous and not permissible for the sell side.One of the most significant downgrades, in my opinion, was made by analysts Ryan Brinkman,Rajat Gupta, CFA, Manasvi Garg, et al. of J.P. Morgan. Their valuation calculations and general reasoning seemed the most realistic to me [compared say to BofA and Goldman Sachs] back in October 2022. This time I think the bank's updated report deserves our attention, just like last time.JPMorgan's New $125 Target Price - Assumptions And Reality CheckIt is worth noting that, unlike the Street consensus, JPMorgan analysts expected Tesla to deliver significantly less in Q4 2022, so the company actually slightly outperformed the bank's internal forecasts by +4%. Citing multiple price cuts in China during the quarter and the $7,500 discount in the U.S. at the end of Q4, JPMorgan lowered its price target from $150 per share [October 2022] to $125 per share as of Jan. 3, 2023:4Q deliveries exceeded the 388,500 we had modeled by +4%. However, this modest beat to our deliveries estimate and modest miss to consensus appears to have come at the cost of atypically high discounting (for example, a $7,500 discount in the US late in 4Q more reminiscent of traditional automakers trading at substantially lower earnings multiples, and multiple price cuts in China throughout the quarter). We are lowering our 4Q EPS estimate from $1.19 prior — flowing only the +4% volume beat through our model would have implied EPS of $1.28, although, with the ratcheting down of pricing and margin expectations, we now forecast $1.16.Source: JPMorgan on TSLA, January 3, 2023It's interesting to look at the assumptions the bank used in valuing Tesla. They assume that annual sales growth (while remaining impressive overall) is likely to decline every year from now on (they forecast +26% growth in FY2023, +24% in FY2024, and +20% in FY2025), even in the face of growing competition. Tesla's last model refresh (the updated S & X) dates to spring 2021, and many competing models have entered the market since then. Investors' forecasts for +50% annual growth have been helped by the fact that demand has so far outstripped supply. However, with significant capacity coming online in 2023 as a whole compared to 2022 (annual installed run-rate capacity according to 3Q22 shareholder letter of > 1.9M as Austin and Berlin ramp compared to deliveries of 1.3M. in 2022), supply in FY2023 is unlikely to be the limiting factor on Tesla's deliveries that it has been in prior years, so a significant miss on deliveries relative to expectations could be particularly damaging to investors' long-term expectations. As a result, analysts have significantly lowered their EPS estimates: FY2023 to $4.60 from $4.84, FY2024 to $5.15 from $5.35, and FY2025 to $5.55 from $5.65.The new price target of $125 per share is predicated upon a 50/50 blend of DCF and 2025E-based multiples analysis (itself a blend of P/E, EV/EBITDA, and price-to-sales). To help you better understand the entire reasoning behind JPM's model, I have summarized the various parts of the model in one image:JPMorgan's valuation model for Tesla, author's compilation with notesThe multiple-based analysis consists largely of comparing Tesla by 5 categories:Disruptive Technology: Apple (AAPL), Google (GOOGL);Clean Technology: First Solar (FSLR), SunPower (SPWR);Auto Tech / Innovation: BorgWarner (BWA), Gentex (GNTX);Luxury Automakers: BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF);High-Growth Automakers: BYD (OTCPK:BYDDF), Great Wall (OTCPK:GWLLF), and SAIC Motor.As you can see, JPM did not include classic American manufacturers such as Ford (F) or General Motors (GM) in this list, which is unacceptable in my opinion - after all, the end market for them is almost the same. It seems to me that if the 6th category were included in the above list, the implied value for the entire segment would be somewhat less than the $148 per share we see now. So the DCF-based projections are a much more reliable metric, in my opinion.I propose to independently build a DCF model to value TSLA stock -how realistic is the current price in terms of its \"intrinsic value\"?DCF Based On My RealityI write \"My Reality\" because some of the assumptions I will take as a basis will most likely not coincide with yours - this is perfectly normal, I suggest discussing our contradictions in the comments section.JPM has projected a gradual decline in revenue growth from +26% to +20% in the last projected year (FY25) - I want to be even more conservative here and assume that revenue will grow at a rate of 20% from FY23 to FY25, and by only 15% in FY26. Also, I expect the EBITDA margin to drop to 8% in FY23 (TTM EBITDA margin now = 21.65%) and EBIT margin to be negative -50 bps due to increased expenses (TTM EBIT margin now = 16.83%). So, I try to take into account the whole cascade of negative news I described at the very beginning of this article in the model. I also want to take into account the rather high risk of a recession somewhere in the middle of 2023, which I have mentioned repeatedly in my articles.D&A as a percentage of total revenue is expected to remain constant at 7.5% throughout the forecast period, although this percentage has declined rapidly in recent years - I expect D&A non-cash costs to return to 2018-2019 levels as the asset base increases.The working capital ratios - receivables to sales, inventories to sales, payables to sales - look fairly consistent and can be easily extrapolated for several years into the future without major changes [focus on averages]. The ratio of CAPEX to sales is one of the most important inputs, as this assumption strongly influences FCF generation. In the past, this ratio was quite variable. However, as Tesla scaled its operations, the ratio of this metric systematically decreased:Data by YChartsIn the event of a recession in 2023, I expect CAPEX-to-revenue to fall even further - to 7%. In 2024, it will grow again (8%) and gradually reach 9% in FY26 as production continues to expand.stratosphere.io, author's inputsThe WACC of TSLA calculated by JPM at 12.3% is significantly more plausible than the WACC of Morgan Stanley at 9%.I calculate my WACC based on the CAPM model:beta = 1.9;cost of debt = 8%;tax rate = 15%;risk-free rate = 3.6%;cost of equity = 4.7%So my WACC is only 0.3% higher than JPM's - 12.6%. In my opinion, this is a very reasonable discount rate for the risk investors take in buying Tesla shares.The only point where my model differs fundamentally from the JPM model is the long-term growth rate, in place of which I will use the EV/EBITDA exit multiple. Why?Because if I take the same 10% long-term growth rate and lower it slightly, say to 9.5%, then my bottom line - TSLA's intrinsic share price - will drop almost 19%. In my opinion, this kind of sensitivity is unacceptable - it's much more reasonable to imagine what exit multiple Tesla might be trading at in a few years. In terms of EV/EBITDA, it's 13x today. Let us assume that despite the obvious market overreaction, TSLA's EV/EBITDA ratio does not rise [but does not fall much either] - 12x seems like a reasonable assumption to me.So what is the result of all the above?Source: Author's calculationsMy model turned out to be very independent of how the WACC changes - that's not quite correct, but it's better than having it change 180 degrees after every little fluctuation in inputs.Sensitivity table for author's DCFThe Verdict For Tesla StockNo one knows exactly when the downward slide of Tesla stock will end. However, one thing seems clear to me - TSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news and a lack of positive news for the company.At the end of December, I assumed that TSLA would experience a strong rebound (then from a level of ~$120 per share) after Elon Musk announced that he would not sell his shares for another 1-2 years. And this one positive news would most likely be enough if no new negative news came. However, now the stock is quickly approaching its fair value, which can be achieved even based on very conservative assumptions.I calculated that Tesla's fair value is about 13% below current levels. So investors looking for growth at a good price should start taking TSLA positions as soon as the next sell-off develops.Since my fair price is lower than the current one and the market is moving very fast, I leave my rating Neutral in the hope that TSLA will slide into undervaluation relatively soon.This article is written by Danil Sereda for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921933244,"gmtCreate":1670950234389,"gmtModify":1676538465937,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>I think it's time to jump ship","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>I think it's time to jump ship","text":"$Tesla Motors(TSLA)$ I think it's time to jump ship","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921933244","isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921043829,"gmtCreate":1670945679061,"gmtModify":1676538464461,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"0\"></v-v> Crap","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"0\"></v-v> Crap","text":"$Tesla Motors(TSLA)$ Crap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921043829","isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961065795,"gmtCreate":1668791821618,"gmtModify":1676538114647,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"0\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961065795","isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988156388,"gmtCreate":1666703085444,"gmtModify":1676537792385,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Maybe bullish maybe bearish who knows?","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Maybe bullish maybe bearish who knows?","text":"$Tesla Motors(TSLA)$Maybe bullish maybe bearish who knows?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988156388","isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988017187,"gmtCreate":1666621291549,"gmtModify":1676537779413,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"0\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988017187","isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995426579,"gmtCreate":1661502538294,"gmtModify":1676536531557,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Come to Papa!!!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Come to Papa!!!","text":"$Tesla Motors(TSLA)$Come to Papa!!!","images":[{"img":"https://community-static.tradeup.com/news/3727da8818f59ecad746e72648f6ce49","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995426579","isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9995826223,"gmtCreate":1661445304566,"gmtModify":1676536520096,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>No moon? 🥲","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>No moon? 🥲","text":"$Tesla Motors(TSLA)$No moon? 🥲","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995826223","isVote":1,"tweetType":1,"viewCount":788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908868324,"gmtCreate":1659361022668,"gmtModify":1705979476224,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>To the moon[Happy] ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>To the moon[Happy] ","text":"$Tesla Motors(TSLA)$To the moon[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908868324","isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049454972,"gmtCreate":1655831250497,"gmtModify":1676535713775,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>While other tech stocks are going up today this is struggling.......[Spurting] ","listText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>While other tech stocks are going up today this is struggling.......[Spurting] ","text":"$PayPal(PYPL)$While other tech stocks are going up today this is struggling.......[Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049454972","isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057118228,"gmtCreate":1655477449764,"gmtModify":1676535647624,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>Reaching into the 60 range ","listText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>Reaching into the 60 range ","text":"$PayPal(PYPL)$Reaching into the 60 range","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057118228","isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9055008366,"gmtCreate":1655216098655,"gmtModify":1676535585969,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>Go go go!","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>Go go go!","text":"$NIO Inc.(NIO)$Go go go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055008366","isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052106047,"gmtCreate":1655132760791,"gmtModify":1676535567599,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Avoid ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Avoid ","text":"$Tesla Motors(TSLA)$Avoid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052106047","isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022673416,"gmtCreate":1653526774435,"gmtModify":1676535298445,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"Ok please like thanks","listText":"Ok please like thanks","text":"Ok please like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022673416","repostId":"2238545251","repostType":4,"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082340332,"gmtCreate":1650529234647,"gmtModify":1676534745441,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> Are we going up?","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> Are we going up?","text":"$Tesla Motors(TSLA)$ Are we going up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082340332","isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9016694903,"gmtCreate":1649174469644,"gmtModify":1676534463928,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"Just hold!!!!!","listText":"Just hold!!!!!","text":"Just hold!!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016694903","repostId":"2225582301","repostType":4,"repost":{"id":"2225582301","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":1649170985,"share":"https://ttm.financial/m/news/2225582301?lang=&edition=fundamental","pubTime":"2022-04-05 23:03","market":"us","language":"en","title":"Nasdaq Slides over 1% after Hawkish Comments from Fed's Brainard","url":"https://stock-news.laohu8.com/highlight/detail?id=2225582301","media":"Reuters","summary":"U.S. stock indexes hit session lows on Tuesday, with the tech-heavy Nasdaq falling more than 1% afte","content":"<html><head></head><body><p>U.S. stock indexes hit session lows on Tuesday, with the tech-heavy Nasdaq falling more than 1% after comments from U.S. Federal Reserve Governor Lael Brainard sparked worries about aggressive monetary policy tightening.</p><p>Brainard said she expects methodical interest rate increases and rapid reductions to the Fed's balance sheet to bring U.S. monetary policy to a "more neutral position" later this year.</p><p>At 11:59 a.m. ET, the Dow Jones Industrial Average was down 0.02%, at 34,915.88, the S&P 500 was down 0.36%, at 4,566.04, and the Nasdaq Composite was down 1.30%, at 14,342.93.</p><p><img src=\"https://static.tigerbbs.com/080415d740cc932cb11fb1374839c264\" tg-width=\"422\" tg-height=\"225\" 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>Nasdaq Slides over 1% after Hawkish Comments from Fed's Brainard</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 Slides over 1% after Hawkish Comments from Fed's Brainard\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\">2022-04-05 23:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock indexes hit session lows on Tuesday, with the tech-heavy Nasdaq falling more than 1% after comments from U.S. Federal Reserve Governor Lael Brainard sparked worries about aggressive monetary policy tightening.</p><p>Brainard said she expects methodical interest rate increases and rapid reductions to the Fed's balance sheet to bring U.S. monetary policy to a "more neutral position" later this year.</p><p>At 11:59 a.m. ET, the Dow Jones Industrial Average was down 0.02%, at 34,915.88, the S&P 500 was down 0.36%, at 4,566.04, and the Nasdaq Composite was down 1.30%, at 14,342.93.</p><p><img src=\"https://static.tigerbbs.com/080415d740cc932cb11fb1374839c264\" tg-width=\"422\" tg-height=\"225\" width=\"100%\" height=\"auto\"/></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":"2225582301","content_text":"U.S. stock indexes hit session lows on Tuesday, with the tech-heavy Nasdaq falling more than 1% after comments from U.S. Federal Reserve Governor Lael Brainard sparked worries about aggressive monetary policy tightening.Brainard said she expects methodical interest rate increases and rapid reductions to the Fed's balance sheet to bring U.S. monetary policy to a \"more neutral position\" later this year.At 11:59 a.m. ET, the Dow Jones Industrial Average was down 0.02%, at 34,915.88, the S&P 500 was down 0.36%, at 4,566.04, and the Nasdaq Composite was down 1.30%, at 14,342.93.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019279260,"gmtCreate":1648604244500,"gmtModify":1676534363065,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>What's up, peeps!!!To the moon we go🚀","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>What's up, peeps!!!To the moon we go🚀","text":"$Tesla Motors(TSLA)$What's up, peeps!!!To the moon we go🚀","images":[{"img":"https://community-static.tradeup.com/news/5fbbc40b406c767c3d4ac63e2c0d273e","width":"1170","height":"2532"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019279260","isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576626866386623","authorId":"3576626866386623","name":"Huehuehue","avatar":"https://static.tigerbbs.com/a933d8a5c1e7c3da46b77a0a8bc41ed0","crmLevel":4,"crmLevelSwitch":0,"idStr":"3576626866386623","authorIdStr":"3576626866386623"},"content":"Awesome average price","text":"Awesome average price","html":"Awesome average price"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9019875618,"gmtCreate":1648593629669,"gmtModify":1676534357762,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563792027372742","authorIdStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Well it's about time!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Well it's about time!","text":"$Tesla Motors(TSLA)$Well it's about time!","images":[{"img":"https://community-static.tradeup.com/news/0f2d08cc8f07ba271abf43a4b9f6ada9","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019875618","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":173764363,"gmtCreate":1626688122752,"gmtModify":1703763369288,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>Proterra to the ground!!","listText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>Proterra to the ground!!","text":"$Proterra Inc.(PTRA)$Proterra to the ground!!","images":[{"img":"https://static.tigerbbs.com/4d3f80c7c8bb58149edf62c5864ae884","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/173764363","isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574823700698255","authorId":"3574823700698255","name":"starry123","avatar":"https://static.tigerbbs.com/87d54ddf9f429d363c691c937e6c97a4","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3574823700698255","idStr":"3574823700698255"},"content":"did you average down? I don't trust that chicken ?. he's a JOKE","text":"did you average down? I don't trust that chicken ?. he's a JOKE","html":"did you average down? I don't trust that chicken ?. he's a JOKE"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816216819,"gmtCreate":1630503545231,"gmtModify":1676530322315,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>come on TSLA!","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>come on TSLA!","text":"$Tesla Motors(TSLA)$come on TSLA!","images":[{"img":"https://static.tigerbbs.com/4deb2e545c6acdf75b56b2552a3f53b6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/816216819","isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123829583,"gmtCreate":1624416547142,"gmtModify":1703836028373,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"Expect to the moon soon?!?","listText":"Expect to the moon soon?!?","text":"Expect to the moon soon?!?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/123829583","repostId":"2145664330","repostType":4,"repost":{"id":"2145664330","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":1624403123,"share":"https://ttm.financial/m/news/2145664330?lang=&edition=fundamental","pubTime":"2021-06-23 07:05","market":"us","language":"en","title":"Tech leads way to Wall Street rebound as Powell promises steady hand","url":"https://stock-news.laohu8.com/highlight/detail?id=2145664330","media":"Reuters","summary":"WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Pow","content":"<p>WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar and oil gave up earlier gains.</p>\n<p>Led by the tech-heavy Nasdaq Composite , Wall Street closed Tuesday higher, bouncing back from a sell-off set off last week by a Fed policy update that suggested officials believed rates would rise more quickly to counter rising inflation.</p>\n<p>The Nasdaq closed at another record high, as top-shelf tech companies resumed their growth trajectories.</p>\n<p>The Dow Jones Industrial Average rose 68.61 points, or 0.2% and the S&P 500 gained 21.65 points, or 0.51%. to 4,246.44 and the Nasdaq Composite added 111.79 points, or 0.79 percent, to 14,253.27.</p>\n<p>The MSCI world equity index , which tracks shares in 45 nations, rose 4.4 points or 0.62%.</p>\n<p>\"I really think there's a realization that this is a ripe environment: rates are still low and for stock investors, this hits a 'just right' tone,\" said Patrick Leary, chief market strategist at Incapital. \"The market is concerned about rising inflation numbers and was getting more unnerved as the Fed dismissed them until last week’s meeting.\"</p>\n<p>Testifying before Congress, Powell vowed that the Fed will not raise rates out of fear of potential rising inflation, and instead will prioritize a \"broad and inclusive\" recovery of the job market. He said recent price increases do not suggest higher rates are needed, and instead can be attributed to categories directly impacted by economic reopening.</p>\n<p>\"After the FOMC took the wind out of the reflation trade at the end of last week, that’s started to reverse over the last two days. It seems last week’s price action went too far,\" said Stephanie Roth, senior markets economist for J.P. Morgan Private Bank.</p>\n<p>Powell's remarks pushed yields on benchmark 10-year Treasuries lower, dipping to yield 1.4649% after clearing 1.5% earlier in the day.</p>\n<p>The dollar also dipped as Powell spoke, with the dollar index falling 0.20% to 91.733 . It is holding below a two-month high of 92.408 reached on Friday.</p>\n<p>Oil slid slightly after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production.</p>\n<p>Brent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75.30 a barrel, the strongest since April 25, 2019.</p>\n<p>U.S. West Texas Intermediate <a href=\"https://laohu8.com/S/WTI\">$(WTI)$</a> crude fell 60 cents, or 0.8%, to $73.06 a barrel.</p>\n<p>Bitcoin began making a comeback of sorts, climbing back above $30,000 after hitting lows not seen since January. The cryptocurrency last traded at $32,831, but has nearly halved in value over the last three months. Bitcoin and other cryptocurrencies came in for heavy selling on Monday, hurt by a tightening crackdown on trading and mining in China.</p>\n<p>Spot gold prices fell $4.8691 or 0.27%, to $1,778.08 an ounce.</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>Tech leads way to Wall Street rebound as Powell promises steady hand</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\">\nTech leads way to Wall Street rebound as Powell promises steady hand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-23 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar and oil gave up earlier gains.</p>\n<p>Led by the tech-heavy Nasdaq Composite , Wall Street closed Tuesday higher, bouncing back from a sell-off set off last week by a Fed policy update that suggested officials believed rates would rise more quickly to counter rising inflation.</p>\n<p>The Nasdaq closed at another record high, as top-shelf tech companies resumed their growth trajectories.</p>\n<p>The Dow Jones Industrial Average rose 68.61 points, or 0.2% and the S&P 500 gained 21.65 points, or 0.51%. to 4,246.44 and the Nasdaq Composite added 111.79 points, or 0.79 percent, to 14,253.27.</p>\n<p>The MSCI world equity index , which tracks shares in 45 nations, rose 4.4 points or 0.62%.</p>\n<p>\"I really think there's a realization that this is a ripe environment: rates are still low and for stock investors, this hits a 'just right' tone,\" said Patrick Leary, chief market strategist at Incapital. \"The market is concerned about rising inflation numbers and was getting more unnerved as the Fed dismissed them until last week’s meeting.\"</p>\n<p>Testifying before Congress, Powell vowed that the Fed will not raise rates out of fear of potential rising inflation, and instead will prioritize a \"broad and inclusive\" recovery of the job market. He said recent price increases do not suggest higher rates are needed, and instead can be attributed to categories directly impacted by economic reopening.</p>\n<p>\"After the FOMC took the wind out of the reflation trade at the end of last week, that’s started to reverse over the last two days. It seems last week’s price action went too far,\" said Stephanie Roth, senior markets economist for J.P. Morgan Private Bank.</p>\n<p>Powell's remarks pushed yields on benchmark 10-year Treasuries lower, dipping to yield 1.4649% after clearing 1.5% earlier in the day.</p>\n<p>The dollar also dipped as Powell spoke, with the dollar index falling 0.20% to 91.733 . It is holding below a two-month high of 92.408 reached on Friday.</p>\n<p>Oil slid slightly after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production.</p>\n<p>Brent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75.30 a barrel, the strongest since April 25, 2019.</p>\n<p>U.S. West Texas Intermediate <a href=\"https://laohu8.com/S/WTI\">$(WTI)$</a> crude fell 60 cents, or 0.8%, to $73.06 a barrel.</p>\n<p>Bitcoin began making a comeback of sorts, climbing back above $30,000 after hitting lows not seen since January. The cryptocurrency last traded at $32,831, but has nearly halved in value over the last three months. Bitcoin and other cryptocurrencies came in for heavy selling on Monday, hurt by a tightening crackdown on trading and mining in China.</p>\n<p>Spot gold prices fell $4.8691 or 0.27%, to $1,778.08 an ounce.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","POWL":"Powell Industries",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145664330","content_text":"WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar and oil gave up earlier gains.\nLed by the tech-heavy Nasdaq Composite , Wall Street closed Tuesday higher, bouncing back from a sell-off set off last week by a Fed policy update that suggested officials believed rates would rise more quickly to counter rising inflation.\nThe Nasdaq closed at another record high, as top-shelf tech companies resumed their growth trajectories.\nThe Dow Jones Industrial Average rose 68.61 points, or 0.2% and the S&P 500 gained 21.65 points, or 0.51%. to 4,246.44 and the Nasdaq Composite added 111.79 points, or 0.79 percent, to 14,253.27.\nThe MSCI world equity index , which tracks shares in 45 nations, rose 4.4 points or 0.62%.\n\"I really think there's a realization that this is a ripe environment: rates are still low and for stock investors, this hits a 'just right' tone,\" said Patrick Leary, chief market strategist at Incapital. \"The market is concerned about rising inflation numbers and was getting more unnerved as the Fed dismissed them until last week’s meeting.\"\nTestifying before Congress, Powell vowed that the Fed will not raise rates out of fear of potential rising inflation, and instead will prioritize a \"broad and inclusive\" recovery of the job market. He said recent price increases do not suggest higher rates are needed, and instead can be attributed to categories directly impacted by economic reopening.\n\"After the FOMC took the wind out of the reflation trade at the end of last week, that’s started to reverse over the last two days. It seems last week’s price action went too far,\" said Stephanie Roth, senior markets economist for J.P. Morgan Private Bank.\nPowell's remarks pushed yields on benchmark 10-year Treasuries lower, dipping to yield 1.4649% after clearing 1.5% earlier in the day.\nThe dollar also dipped as Powell spoke, with the dollar index falling 0.20% to 91.733 . It is holding below a two-month high of 92.408 reached on Friday.\nOil slid slightly after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production.\nBrent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75.30 a barrel, the strongest since April 25, 2019.\nU.S. West Texas Intermediate $(WTI)$ crude fell 60 cents, or 0.8%, to $73.06 a barrel.\nBitcoin began making a comeback of sorts, climbing back above $30,000 after hitting lows not seen since January. The cryptocurrency last traded at $32,831, but has nearly halved in value over the last three months. Bitcoin and other cryptocurrencies came in for heavy selling on Monday, hurt by a tightening crackdown on trading and mining in China.\nSpot gold prices fell $4.8691 or 0.27%, to $1,778.08 an ounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179908665,"gmtCreate":1626479542557,"gmtModify":1703760764547,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>anyone in the same sinking boat as I am? ","listText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>anyone in the same sinking boat as I am? ","text":"$Proterra Inc.(PTRA)$anyone in the same sinking boat as I am?","images":[{"img":"https://static.tigerbbs.com/ca7121889799674e940a0f0fe2da4176","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/179908665","isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581752539905418","authorId":"3581752539905418","name":"SherylSim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581752539905418","idStr":"3581752539905418"},"content":"sigh do u think it will go up?","text":"sigh do u think it will go up?","html":"sigh do u think it will go up?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":134107415,"gmtCreate":1622210383537,"gmtModify":1704181566732,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>go go go break $40!","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>go go go break $40!","text":"$NIO Inc.(NIO)$go go go break $40!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/134107415","isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372290906,"gmtCreate":1619217810005,"gmtModify":1704721324868,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"Like and comment pls.Any tax changes will bring about certain reaction from the investors and market. It's hard to tell what are the next effects.","listText":"Like and comment pls.Any tax changes will bring about certain reaction from the investors and market. It's hard to tell what are the next effects.","text":"Like and comment pls.Any tax changes will bring about certain reaction from the investors and market. It's hard to tell what are the next effects.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/372290906","repostId":"1128911279","repostType":4,"repost":{"id":"1128911279","pubTimestamp":1619161805,"share":"https://ttm.financial/m/news/1128911279?lang=&edition=fundamental","pubTime":"2021-04-23 15:10","market":"us","language":"en","title":"Would Tax Hikes Spell Doom for the Stock Market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128911279","media":"Motley Fool","summary":"Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stoc","content":"<p>Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.</p><p>The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading session giving way to sharper losses in the mid-afternoon. By the end of the day, the <b>Dow Jones Industrial Average</b> (DJINDICES:^DJI),<b>S&P 500</b> (SNPINDEX:^GSPC), and <b>Nasdaq Composite</b> (NASDAQINDEX:^IXIC)were all down close to 1% on the day, reversing most of the positive momentum that Wall Street built up in the previous day's session on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bffd9c86b9306074ca1ff042f238caed\" tg-width=\"1152\" tg-height=\"333\" referrerpolicy=\"no-referrer\"><span>DATA SOURCE: YAHOO! FINANCE.</span></p><p>The midday decline came amid reports that the Biden administration would propose tax increases on high-income taxpayers. The proposal targets a provision that long-term investors have taken advantage of for decades: the favorable tax rate on capital gains, the profits they realize when they sell stocks or other investments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eeff2a6b63b58cdea2311005593d3979\" tg-width=\"2000\" tg-height=\"1332\" referrerpolicy=\"no-referrer\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><b>What taxes could go up, and on whom?</b></p><p>The proposal, as reported, would affect the way long-term capital gains get taxed for those with incomes above $1 million. Currently, investors pay the same tax rates on short-term capital gains on investments held for a year or less as they do on most other forms of income, such as wages and salaries or interest. However, if an investor holds onto an investment for longer than a year and then sells it, long-term capital-gains tax treatment applies.</p><p>Although the brackets aren't exactly aligned, in general, those who pay 10% or 12% in tax on ordinary income pay 0% on their long-term capital gains. Those paying 22% to 35% typically pay a 15% long-term capital-gains tax, while top-bracket taxpayers whose ordinary income tax rate is 37% have a 20% maximum rate on their investment gains for assets held long term.</p><p>Under the proposed new rules, favorable tax treatment for long-term capital gains would remain completely in place for everyone in the first two groups and even for many in the third group. However, for taxpayers with incomes above $1 million, the lower long-term capital-gains tax rates would go away and they'd instead have to pay ordinary income tax rates on those gains, as well.</p><p><b>Why investors shouldn't be surprised</b></p><p>The reported proposal isn't a new one. Biden discussed it during the 2020 presidential campaign as one of the aspects of his broader tax plan. It's likely that the final version of any actual bill introduced in Congress would also include an increase in the top tax bracket to 39.6%, which was the level in effect immediately before tax-reform efforts made major changes to tax laws for the 2018 tax year.</p><p>Moreover, the legislation is far from a done deal. Even with Democrats having control of both houses of Congress and the White House, the margins are razor-thin. Already, some Democratic lawmakers have balked at tax-policy proposals, and in the Senate, the loss of even a single vote would be sufficient to prevent a tax bill from becoming law.</p><p><b>Is a stock market crash imminent?</b></p><p>It's understandable that investors would worry that a capital-gains tax hike might cause the stock market to drop. If investors sell their stocks now to lock in current lower rates, it could create short-term selling pressure. In the long run, though, the fundamentals of underlying businesses should still control share-price movements.</p><p>Moreover, this wouldn't be the first time capital-gains taxes have risen. In 2012, maximum capital-gains rates rose from 15% to 20%. Yet that didn't stop U.S. stocks from continuing what would eventually become a decade-long bull market.</p><p>Tax-law changes require some planning, but investors shouldn't change their entire investing strategy because of taxes. Letting them <i>define</i> how you invest can be a huge mistake and distract you from the task of finding the best companies and owning their shares for the long haul.</p><p>Read more:<a href=\"https://laohu8.com/NW/1180283228\" target=\"_blank\">Stocks Will Get Over Their Big Biden Tax Wobble</a></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>Would Tax Hikes Spell Doom for the Stock 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\">\nWould Tax Hikes Spell Doom for the Stock Market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:10 GMT+8 <a href=https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128911279","content_text":"Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading session giving way to sharper losses in the mid-afternoon. By the end of the day, the Dow Jones Industrial Average (DJINDICES:^DJI),S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC)were all down close to 1% on the day, reversing most of the positive momentum that Wall Street built up in the previous day's session on Wednesday.DATA SOURCE: YAHOO! FINANCE.The midday decline came amid reports that the Biden administration would propose tax increases on high-income taxpayers. The proposal targets a provision that long-term investors have taken advantage of for decades: the favorable tax rate on capital gains, the profits they realize when they sell stocks or other investments.IMAGE SOURCE: GETTY IMAGES.What taxes could go up, and on whom?The proposal, as reported, would affect the way long-term capital gains get taxed for those with incomes above $1 million. Currently, investors pay the same tax rates on short-term capital gains on investments held for a year or less as they do on most other forms of income, such as wages and salaries or interest. However, if an investor holds onto an investment for longer than a year and then sells it, long-term capital-gains tax treatment applies.Although the brackets aren't exactly aligned, in general, those who pay 10% or 12% in tax on ordinary income pay 0% on their long-term capital gains. Those paying 22% to 35% typically pay a 15% long-term capital-gains tax, while top-bracket taxpayers whose ordinary income tax rate is 37% have a 20% maximum rate on their investment gains for assets held long term.Under the proposed new rules, favorable tax treatment for long-term capital gains would remain completely in place for everyone in the first two groups and even for many in the third group. However, for taxpayers with incomes above $1 million, the lower long-term capital-gains tax rates would go away and they'd instead have to pay ordinary income tax rates on those gains, as well.Why investors shouldn't be surprisedThe reported proposal isn't a new one. Biden discussed it during the 2020 presidential campaign as one of the aspects of his broader tax plan. It's likely that the final version of any actual bill introduced in Congress would also include an increase in the top tax bracket to 39.6%, which was the level in effect immediately before tax-reform efforts made major changes to tax laws for the 2018 tax year.Moreover, the legislation is far from a done deal. Even with Democrats having control of both houses of Congress and the White House, the margins are razor-thin. Already, some Democratic lawmakers have balked at tax-policy proposals, and in the Senate, the loss of even a single vote would be sufficient to prevent a tax bill from becoming law.Is a stock market crash imminent?It's understandable that investors would worry that a capital-gains tax hike might cause the stock market to drop. If investors sell their stocks now to lock in current lower rates, it could create short-term selling pressure. In the long run, though, the fundamentals of underlying businesses should still control share-price movements.Moreover, this wouldn't be the first time capital-gains taxes have risen. In 2012, maximum capital-gains rates rose from 15% to 20%. Yet that didn't stop U.S. stocks from continuing what would eventually become a decade-long bull market.Tax-law changes require some planning, but investors shouldn't change their entire investing strategy because of taxes. Letting them define how you invest can be a huge mistake and distract you from the task of finding the best companies and owning their shares for the long haul.Read more:Stocks Will Get Over Their Big Biden Tax Wobble","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578259981610721","authorId":"3578259981610721","name":"bluewave","avatar":"https://static.tigerbbs.com/8e71f1454119ff144295c97018b0ca47","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3578259981610721","idStr":"3578259981610721"},"content":"Dont think he will achieve the tax hikes due to republicans. But who knows there may a in between compromise. Eat pop corn","text":"Dont think he will achieve the tax hikes due to republicans. But who knows there may a in between compromise. Eat pop corn","html":"Dont think he will achieve the tax hikes due to republicans. But who knows there may a in between compromise. Eat pop corn"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345381910,"gmtCreate":1618278827930,"gmtModify":1704708494053,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ACTC\">$ArcLight Clean Transition Corp(ACTC)$</a>Stuck for life. Dulan Max","listText":"<a href=\"https://laohu8.com/S/ACTC\">$ArcLight Clean Transition Corp(ACTC)$</a>Stuck for life. Dulan Max","text":"$ArcLight Clean Transition Corp(ACTC)$Stuck for life. Dulan Max","images":[{"img":"https://static.tigerbbs.com/be54850b52a0d089ccce33f1fec7681b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/345381910","isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559180818847493","authorId":"3559180818847493","name":"moneycome123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3559180818847493","idStr":"3559180818847493"},"content":"Same bro haha. Can thank ChickenGenius for this piece of shiat.","text":"Same bro haha. Can thank ChickenGenius for this piece of shiat.","html":"Same bro haha. Can thank ChickenGenius for this piece of shiat."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9030338196,"gmtCreate":1645628935574,"gmtModify":1676534047037,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>Looks like there no bottom insight ","listText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>Looks like there no bottom insight ","text":"$PayPal(PYPL)$Looks like there no bottom insight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9030338196","isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577882033944507","authorId":"3577882033944507","name":"SL1977","avatar":"https://static.tigerbbs.com/846343ca761b93618fb0332b00e58af9","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3577882033944507","idStr":"3577882033944507"},"content":"worry not. it will go up as we see.","text":"worry not. it will go up as we see.","html":"worry not. it will go up as we see."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149139803,"gmtCreate":1625708315302,"gmtModify":1703746801316,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>the worst in my portfolio now. :(","listText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>the worst in my portfolio now. :(","text":"$Proterra Inc.(PTRA)$the worst in my portfolio now. :(","images":[{"img":"https://static.tigerbbs.com/9bac6f8619675659ed3e1b07a9e6118c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/149139803","isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3556592421126440","authorId":"3556592421126440","name":"Davidtan1990","avatar":"https://static.tigerbbs.com/0e2d67fd12e12f9100c3518251581420","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3556592421126440","idStr":"3556592421126440"},"content":"BRo its ok, Just hold. i bought at $28","text":"BRo its ok, Just hold. i bought at $28","html":"BRo its ok, Just hold. i bought at $28"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372295690,"gmtCreate":1619218799410,"gmtModify":1704721337603,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"Please like and comment thx","listText":"Please like and comment thx","text":"Please like and comment thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372295690","repostId":"1166519043","repostType":4,"repost":{"id":"1166519043","pubTimestamp":1619192700,"share":"https://ttm.financial/m/news/1166519043?lang=&edition=fundamental","pubTime":"2021-04-23 23:45","market":"us","language":"en","title":"Tesla Stock Split: Will It Happen Again?","url":"https://stock-news.laohu8.com/highlight/detail?id=1166519043","media":"seekingalpha","summary":"Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.More traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.However, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.</li>\n <li>More traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.</li>\n <li>It's a high chance that a great number of new plants would be in China which carries plenty of geopolitical risks. The headwinds from the uncertainties could suppress TSLA stock.</li>\n <li>However, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus projections.</li>\n <li>Tesla could consider another stock split to get \"more people in the stock.\" Past experiences suggest the EV titan could do one before the share price hit quadruple-digit again.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59edf6c2b70d6c984dc825b7567439bc\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Spencer Platt/Getty Images News via Getty Images</span></p>\n<p><b>TSLA stock is poised to rise in line with its business growth</b></p>\n<p>In a recent article titled <i>Who Will Be The Biggest Competitors By 2025</i>, I questioned certain projections regarding Tesla's (TSLA) car sales. Some estimates implied that Tesla would take a lion's share of the EV market despite the rapid increase in the number of competitors.</p>\n<p>By 2025, Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple Inc. (AAPL) as well as Chinese smartphone giants Huawei and Xiaomi Corporation (OTC:XIACF)(OTCPK:XIACY). More traditional automakers will also be producing electric vehicles, even as they continue to churn out internal combustion engine-based cars.</p>\n<p>Even if the demand side is plausible, it would mean Tesla, Inc. needs to build many more factories. Given the effusive praise we have heard from Elon Musk regarding the speed of factory construction and on China in general, we could expect additional new plants to be cited in the populous country. That could add more geopolitical risks to the stock, as SA author John Engle argued.</p>\n<p>Then again, as many readers on Seeking Alpha, analysts, and Cathie Wood have postulated, Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet. Consequently, Tesla's revenue is projected to rise from $31.54 billion in 2020 to a whopping $388.52 billion on a consensus basis in 2030. That would bring the price-to-sales ratio to a mere 1.84 times on a forward basis.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fac352f9c2ac9bac0412ed076c27c75a\" tg-width=\"640\" tg-height=\"368\"><span>Source: Seeking Alpha Premium</span></p>\n<p>If Tesla did not disappoint the most bullish of the optimists forecasting its revenue to hit $600.7 billion in 2030, its P/S ratio would drop even lower to 1.19 times! You might say, all that sales are wonderful but what does their profitability look like? Well, the analysts believe TSLA would make boatloads of money. The consensus EPS estimate for 2030 is $33.48, a massive jump from the $0.64 it achieved in 2020. If the 2030 EPS estimate is realized, those earnings at today's price would reflect a ratio of 22.2 times, which could be seen as incredibly low.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7650450aa6230d6585a502b571ee3652\" tg-width=\"640\" tg-height=\"278\"><span>Source: Seeking Alpha Premium</span></p>\n<p>With EV sales projected by industry consultancy Canalys to remain below 50 percent of the total car sales by 2030, there remains significant growth potential for Tesla to increase its revenue. As such, assuming the analysts are correct, the share price of TSLA will not stay at the present level for the P/S ratio to be just 1.84 times and the P/E ratio at 22.2 times, the share price of TSLA would rise further than where it stands today.</p>\n<p><img src=\"https://static.tigerbbs.com/0cd810d4171606b50d186b8d9bf10bf5\" tg-width=\"640\" tg-height=\"479\"></p>\n<p>Tesla stock split history: What was Tesla's stock price before the recent split?</p>\n<p>In other words, Tesla's share price would continue to rise over the next five to ten years. With that in mind, the question is, will TSLA split again? Before discussing that, let's review Tesla's previous split.</p>\n<p>On August 11, 2020, Tesla announced, after the market closed, that its board approved a five-for-one split of shares to \"make stock ownership more accessible to employees and investors.\" This marked Tesla's first-ever split announcement. The stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/c1b22a860341fe3bf36996d737680ddb\" tg-width=\"640\" tg-height=\"485\"></p>\n<p><b>How did Tesla's most recent stock split affect share prices?</b></p>\n<p>Interestingly, after the split was affected, Tesla stock lost much of the August gains in just a few trading sessions in early September. The share price decline was speculated by some to be due to shareholders paring their holdings since the split had resulted in them holding more TSLA shares. This seems logical as the purpose of the split was to accord shareholders with greater \"liquidity\" over their TSLA holding.</p>\n<p>However, the weakness in Tesla's share price was more likely attributable to a capital-raising exercise announced pre-market on September 1, 2020. Although only up to $5 billion worth of shares representing just over 1 percent of Tesla's market cap were to be sold, investors were probably looking for a trigger to take profit considering that TSLA was running in overbought territory for more than two weeks, according to the relative strength index [RSI] momentum indicator at that time.</p>\n<p>TSLA's strong run upwards had also led to the stock becoming \"overweight\" on many shareholders' portfolios. Ironically, that meant investors, whether individuals or fund managers had to reduce their Tesla holdings to avoid concentration risk. For funds with concentration guidelines or rules, it's not even a choice but a mandatory reduction exercise once the Tesla position became outsized.</p>\n<p>To make matters worse, Tesla stock was subsequently dragged down further into correction territory amid a sell-off by investors of tech favorites and \"all things frothy.\" The share price recovered some grounds quickly but the stock stagnated for a few months thereafter before a powerful wave of EV hypeswept TSLA up again to new heights.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/085a34d7256fb764f0652d6223057202\" tg-width=\"640\" tg-height=\"267\"><span>Source: Yahoo Finance</span></p>\n<p><b>When will Tesla stock split again?</b></p>\n<p>Although Tesla's share price has pulled back from the peak earlier in the year, it remains much higher than the post-split level last year. At $744.12 at the time of writing, TSLA is 49 percent higher than the $498.32 close on August 31, 2020, the day of the stock split.</p>\n<p>If the past is any reference, Tesla executives did the stock split when the share price was in quadruple-digit. TSLA will need to rise more than 34 percent for that to happen again. As I opined earlier, Tesla stock appears to be poised for further upside. I believe it's more of a question of when, not if, will TSLA hit above $1,000 per share.</p>\n<p>Nevertheless, even in the current investing environment where there are platforms allowing the trading of fractional shares, there are still benefits for stocks with smaller prices. One obvious advantage is the impact on psychology, as the mind interprets low prices as \"cheaply valued\" and having room to head north.</p>\n<p>The leadership at Apple must be thinking the same as the folks at Tesla when the company executed its stock split around the same time as the EV giant last August. The share price appreciation from pre-announcement to post-stock split date was less spectacular compared to Tesla but still a hefty 41 percent.</p>\n<p><img src=\"https://static.tigerbbs.com/46bd0bed00b03ba1d738fd84c9dfb0dc\" tg-width=\"640\" tg-height=\"483\"></p>\n<p>Considering that Apple announced a stock split when the share price was much lower at $384.76, it goes to show there's value in considering a split in the stock even without the share price hitting quadruple-digit. Furthermore, AAPL has done this four times before - in 1987, 2000, 2005, and 2014 - when the share prices were all below $1,000. In 1987 and 2005, the stock was even trading at the sub-$100 level when the company did the split.</p>\n<p>Jim Cramer was quoted as saying during an interview last year that Tim Cook explained the 2020 stock split to him, telling him that he wanted \"more people in the stock.\" I suppose that's what Bill Gates and his team thought when the software giant performed eight stock splits from the listing of Microsoft (MSFT) until 1999 as MSFT climbed exponentially during the period. Elon Musk and Tim Cook are the odd couple but I believe the former would agree on having \"more people\" in TSLA stock.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44957db620e86907bb72e9691bc726e6\" tg-width=\"640\" tg-height=\"250\"><span>Source: Yahoo Finance</span></p>\n<p><b>Should you buy Tesla now or wait for a split?</b></p>\n<p>Video-streaming leader Netflix (NFLX) announced a seven-for-one stock split in 2015 when its share was around $700 pre-split. NFLX went on to do very well though it's very much due to its business success than a simple cosmetic stock split exercise. The point of bringing this up is that Tesla's share price is around where Netflix's share price was when the split was completed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3cbb0c9bd178401bc6cc863a0934af2\" tg-width=\"640\" tg-height=\"271\"><span>Source: Yahoo Finance</span></p>\n<p>Although Amazon.com, Inc. (AMZN) and Alphabet Inc. (GOOGL)(GOOG) are the odd tech companies trading at quadruple-digit levels, most others are trading in the triple-digit or smaller. With the favorable experience from the previous stock split, Tesla might not want to wait for the share price to hit quadruple-digit again before contemplating another split.</p>\n<p>Furthermore, there is existing literature that reveals a strong correlation between stock splits and \"outstanding stock price performance\", giving Tesla the impetus to do so. Another potential trigger point for Elon Musk to announce a stock split could be when TSLA hit $840 per share. He would be able to claim that the company would do a two-for-one split so that the share price becomes $420 post-split.</p>\n<p>Of course, the share price wouldn't stay flat from the announcement date until the effective date. Nonetheless, the media would have gone into overdrive covering the announcement and speculating about the number's link to weed as well as Elon's past brush with the securities law on his previous take-Tesla-private-at-$420 claim. This would generate plenty of free publicity for the company.</p>\n<p>However, investors should not hang around for a stock split if they are intending to own shares in Tesla. It may not happen and the share price could still zoom upwards on speculations, improving sentiment, or due to business fundamentals.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Split: Will It Happen 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\">\nTesla Stock Split: Will It Happen Again?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 23:45 GMT+8 <a href=https://seekingalpha.com/article/4420899-tesla-stock-split-will-it-happen-again><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.\nMore traditional automakers will also be ...</p>\n\n<a href=\"https://seekingalpha.com/article/4420899-tesla-stock-split-will-it-happen-again\">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/4420899-tesla-stock-split-will-it-happen-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1166519043","content_text":"Summary\n\nTesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.\nMore traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.\nIt's a high chance that a great number of new plants would be in China which carries plenty of geopolitical risks. The headwinds from the uncertainties could suppress TSLA stock.\nHowever, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus projections.\nTesla could consider another stock split to get \"more people in the stock.\" Past experiences suggest the EV titan could do one before the share price hit quadruple-digit again.\n\nPhoto by Spencer Platt/Getty Images News via Getty Images\nTSLA stock is poised to rise in line with its business growth\nIn a recent article titled Who Will Be The Biggest Competitors By 2025, I questioned certain projections regarding Tesla's (TSLA) car sales. Some estimates implied that Tesla would take a lion's share of the EV market despite the rapid increase in the number of competitors.\nBy 2025, Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple Inc. (AAPL) as well as Chinese smartphone giants Huawei and Xiaomi Corporation (OTC:XIACF)(OTCPK:XIACY). More traditional automakers will also be producing electric vehicles, even as they continue to churn out internal combustion engine-based cars.\nEven if the demand side is plausible, it would mean Tesla, Inc. needs to build many more factories. Given the effusive praise we have heard from Elon Musk regarding the speed of factory construction and on China in general, we could expect additional new plants to be cited in the populous country. That could add more geopolitical risks to the stock, as SA author John Engle argued.\nThen again, as many readers on Seeking Alpha, analysts, and Cathie Wood have postulated, Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet. Consequently, Tesla's revenue is projected to rise from $31.54 billion in 2020 to a whopping $388.52 billion on a consensus basis in 2030. That would bring the price-to-sales ratio to a mere 1.84 times on a forward basis.\nSource: Seeking Alpha Premium\nIf Tesla did not disappoint the most bullish of the optimists forecasting its revenue to hit $600.7 billion in 2030, its P/S ratio would drop even lower to 1.19 times! You might say, all that sales are wonderful but what does their profitability look like? Well, the analysts believe TSLA would make boatloads of money. The consensus EPS estimate for 2030 is $33.48, a massive jump from the $0.64 it achieved in 2020. If the 2030 EPS estimate is realized, those earnings at today's price would reflect a ratio of 22.2 times, which could be seen as incredibly low.\nSource: Seeking Alpha Premium\nWith EV sales projected by industry consultancy Canalys to remain below 50 percent of the total car sales by 2030, there remains significant growth potential for Tesla to increase its revenue. As such, assuming the analysts are correct, the share price of TSLA will not stay at the present level for the P/S ratio to be just 1.84 times and the P/E ratio at 22.2 times, the share price of TSLA would rise further than where it stands today.\n\nTesla stock split history: What was Tesla's stock price before the recent split?\nIn other words, Tesla's share price would continue to rise over the next five to ten years. With that in mind, the question is, will TSLA split again? Before discussing that, let's review Tesla's previous split.\nOn August 11, 2020, Tesla announced, after the market closed, that its board approved a five-for-one split of shares to \"make stock ownership more accessible to employees and investors.\" This marked Tesla's first-ever split announcement. The stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.\n\nHow did Tesla's most recent stock split affect share prices?\nInterestingly, after the split was affected, Tesla stock lost much of the August gains in just a few trading sessions in early September. The share price decline was speculated by some to be due to shareholders paring their holdings since the split had resulted in them holding more TSLA shares. This seems logical as the purpose of the split was to accord shareholders with greater \"liquidity\" over their TSLA holding.\nHowever, the weakness in Tesla's share price was more likely attributable to a capital-raising exercise announced pre-market on September 1, 2020. Although only up to $5 billion worth of shares representing just over 1 percent of Tesla's market cap were to be sold, investors were probably looking for a trigger to take profit considering that TSLA was running in overbought territory for more than two weeks, according to the relative strength index [RSI] momentum indicator at that time.\nTSLA's strong run upwards had also led to the stock becoming \"overweight\" on many shareholders' portfolios. Ironically, that meant investors, whether individuals or fund managers had to reduce their Tesla holdings to avoid concentration risk. For funds with concentration guidelines or rules, it's not even a choice but a mandatory reduction exercise once the Tesla position became outsized.\nTo make matters worse, Tesla stock was subsequently dragged down further into correction territory amid a sell-off by investors of tech favorites and \"all things frothy.\" The share price recovered some grounds quickly but the stock stagnated for a few months thereafter before a powerful wave of EV hypeswept TSLA up again to new heights.\nSource: Yahoo Finance\nWhen will Tesla stock split again?\nAlthough Tesla's share price has pulled back from the peak earlier in the year, it remains much higher than the post-split level last year. At $744.12 at the time of writing, TSLA is 49 percent higher than the $498.32 close on August 31, 2020, the day of the stock split.\nIf the past is any reference, Tesla executives did the stock split when the share price was in quadruple-digit. TSLA will need to rise more than 34 percent for that to happen again. As I opined earlier, Tesla stock appears to be poised for further upside. I believe it's more of a question of when, not if, will TSLA hit above $1,000 per share.\nNevertheless, even in the current investing environment where there are platforms allowing the trading of fractional shares, there are still benefits for stocks with smaller prices. One obvious advantage is the impact on psychology, as the mind interprets low prices as \"cheaply valued\" and having room to head north.\nThe leadership at Apple must be thinking the same as the folks at Tesla when the company executed its stock split around the same time as the EV giant last August. The share price appreciation from pre-announcement to post-stock split date was less spectacular compared to Tesla but still a hefty 41 percent.\n\nConsidering that Apple announced a stock split when the share price was much lower at $384.76, it goes to show there's value in considering a split in the stock even without the share price hitting quadruple-digit. Furthermore, AAPL has done this four times before - in 1987, 2000, 2005, and 2014 - when the share prices were all below $1,000. In 1987 and 2005, the stock was even trading at the sub-$100 level when the company did the split.\nJim Cramer was quoted as saying during an interview last year that Tim Cook explained the 2020 stock split to him, telling him that he wanted \"more people in the stock.\" I suppose that's what Bill Gates and his team thought when the software giant performed eight stock splits from the listing of Microsoft (MSFT) until 1999 as MSFT climbed exponentially during the period. Elon Musk and Tim Cook are the odd couple but I believe the former would agree on having \"more people\" in TSLA stock.\nSource: Yahoo Finance\nShould you buy Tesla now or wait for a split?\nVideo-streaming leader Netflix (NFLX) announced a seven-for-one stock split in 2015 when its share was around $700 pre-split. NFLX went on to do very well though it's very much due to its business success than a simple cosmetic stock split exercise. The point of bringing this up is that Tesla's share price is around where Netflix's share price was when the split was completed.\nSource: Yahoo Finance\nAlthough Amazon.com, Inc. (AMZN) and Alphabet Inc. (GOOGL)(GOOG) are the odd tech companies trading at quadruple-digit levels, most others are trading in the triple-digit or smaller. With the favorable experience from the previous stock split, Tesla might not want to wait for the share price to hit quadruple-digit again before contemplating another split.\nFurthermore, there is existing literature that reveals a strong correlation between stock splits and \"outstanding stock price performance\", giving Tesla the impetus to do so. Another potential trigger point for Elon Musk to announce a stock split could be when TSLA hit $840 per share. He would be able to claim that the company would do a two-for-one split so that the share price becomes $420 post-split.\nOf course, the share price wouldn't stay flat from the announcement date until the effective date. Nonetheless, the media would have gone into overdrive covering the announcement and speculating about the number's link to weed as well as Elon's past brush with the securities law on his previous take-Tesla-private-at-$420 claim. This would generate plenty of free publicity for the company.\nHowever, investors should not hang around for a stock split if they are intending to own shares in Tesla. It may not happen and the share price could still zoom upwards on speculations, improving sentiment, or due to business fundamentals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022673416,"gmtCreate":1653526774435,"gmtModify":1676535298445,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"Ok please like thanks","listText":"Ok please like thanks","text":"Ok please like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022673416","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":{"BK4529":"IDC概念","WSM":"Williams-Sonoma Inc","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4178":"家庭装饰零售","NTNX":"Nutanix Inc.","NVDA":"英伟达","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","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4141":"半导体产品","SNOW":"Snowflake","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4549":"软银资本持仓","BK4548":"巴美列捷福持仓"},"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 $6.25 billion in equity financing and reduce the margin loan to zero to fund the acquisition of the social media player.Datadog Inc. 5% LOWER; falls on Snowflake's results and outlook.RH 4% HIGHER; gains on results Williams-Sonoma.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153198587,"gmtCreate":1625012549549,"gmtModify":1703849998636,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>from blackberry to blue black now :(","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>from blackberry to blue black now :(","text":"$BlackBerry(BB)$from blackberry to blue black now :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153198587","isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105550753,"gmtCreate":1620312236272,"gmtModify":1704341839466,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"Comment and like pls! PYPL go go go!","listText":"Comment and like pls! PYPL go go go!","text":"Comment and like pls! PYPL go go go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105550753","repostId":"1190727792","repostType":2,"repost":{"id":"1190727792","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":1620261268,"share":"https://ttm.financial/m/news/1190727792?lang=&edition=fundamental","pubTime":"2021-05-06 08:34","market":"us","language":"en","title":"PayPal CEO touts ‘next generation digital wallet’ after earnings beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1190727792","media":"Tiger Newspress","summary":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter ea","content":"<p>PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><p><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p>On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p>With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.</p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</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>PayPal CEO touts ‘next generation digital wallet’ after earnings beat</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\">\nPayPal CEO touts ‘next generation digital wallet’ after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 08:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><p><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p>On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p>With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.</p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190727792","content_text":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.Here’s how the company did:Earnings per share:$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analystsRevenue:$6.03 billion vs. $5.90 billion expected by RefinitivTotal payment volume:$285 billion vs. $265 billionexpected in a FactSet surveyPayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574248655626938","authorId":"3574248655626938","name":"Goldox","avatar":"https://static.tigerbbs.com/863110a9408a00f21e04f570ea1c03f2","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574248655626938","idStr":"3574248655626938"},"content":"Please comment on my comment too!","text":"Please comment on my comment too!","html":"Please comment on my comment too!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146443938,"gmtCreate":1626097752624,"gmtModify":1703753324832,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>what just happened?!?!?","listText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>what just happened?!?!?","text":"$Proterra Inc.(PTRA)$what just happened?!?!?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/146443938","isVote":1,"tweetType":1,"viewCount":1077,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138890774,"gmtCreate":1621923044798,"gmtModify":1704364512308,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"Noted. Like and comment pls","listText":"Noted. Like and comment pls","text":"Noted. Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/138890774","repostId":"1144191609","repostType":4,"repost":{"id":"1144191609","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":1621921115,"share":"https://ttm.financial/m/news/1144191609?lang=&edition=fundamental","pubTime":"2021-05-25 13:38","market":"us","language":"en","title":"Cathie Wood Buys Another $42M In Twitter Stock, Also Adds DraftKings, Netflix","url":"https://stock-news.laohu8.com/highlight/detail?id=1144191609","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Monday bought 731,775 shares, estimated to be worth abo","content":"<p>Cathie Wood-led Ark Investment Management on Monday bought 731,775 shares, estimated to be worth about $41.76 million, in<b>Twitter Inc</b>TWTR 4.66%— a day after The Bill and Melinda Gates Foundation Trustsold its entire stakein the social media company.</p><p>Shares of Twitter closed 4.81% higher at $57.06 on Monday. The stock has a 52-week high of $80.75 and a low of $28.23.</p><p>The investment firm made the trades via two of its funds; the<b>Ark Innovation ETF</b>ARKK 2.68%and the<b>ARK Next Generation Internet ETF</b>ARKW 3.08%.</p><p>The two ETFs together held over 10 million TWTR shares, worth about $549 million, as of Tuesday. No other Ark ETF holds shares of Twitter.</p><p>Twitter is steadily climbing up the Ark’s portfolio chart and is now ARKK's twenty-first largest investment among a total of 55 stocks and ARKW's fourth-largest investment among a total of 50 stocks.</p><p>At the start of the month, it ranked as ARKK's thirty-fourth largest investment among a total of 58 stocks and ARKW's eighth-largest investment among a total of 53 stocks.</p><p>The investment firm also bought 130,400 shares, estimated to be worth $6.24 million, of the daily fantasy sports company<b>DraftKings Inc</b>DKNG 7.24%via the<b>Ark Fintech Innovation ETF</b>ARKF 2.03%<b>.</b>The investment firm also holds shares of the company via ARKK.</p><p>DraftKings shares closed 7.24% higher at $47.86 on Monday and were further up 1.34% in extended hours.</p><p>The investment firm bought 2,453 shares, estimated to be worth about $1.23 million in video streaming company<b>Netflix Inc</b>NFLX 1.01%via its<b>Ark Space Exploration & Innovation ETF</b>(BATS:ARKX). The investment firm also holds shares of the company via ARKW.</p><p>Netflix shares closed 1% higher at $502.90 on Monday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Buys Another $42M In Twitter Stock, Also Adds DraftKings, Netflix</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\">\nCathie Wood Buys Another $42M In Twitter Stock, Also Adds DraftKings, Netflix\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-25 13:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Monday bought 731,775 shares, estimated to be worth about $41.76 million, in<b>Twitter Inc</b>TWTR 4.66%— a day after The Bill and Melinda Gates Foundation Trustsold its entire stakein the social media company.</p><p>Shares of Twitter closed 4.81% higher at $57.06 on Monday. The stock has a 52-week high of $80.75 and a low of $28.23.</p><p>The investment firm made the trades via two of its funds; the<b>Ark Innovation ETF</b>ARKK 2.68%and the<b>ARK Next Generation Internet ETF</b>ARKW 3.08%.</p><p>The two ETFs together held over 10 million TWTR shares, worth about $549 million, as of Tuesday. No other Ark ETF holds shares of Twitter.</p><p>Twitter is steadily climbing up the Ark’s portfolio chart and is now ARKK's twenty-first largest investment among a total of 55 stocks and ARKW's fourth-largest investment among a total of 50 stocks.</p><p>At the start of the month, it ranked as ARKK's thirty-fourth largest investment among a total of 58 stocks and ARKW's eighth-largest investment among a total of 53 stocks.</p><p>The investment firm also bought 130,400 shares, estimated to be worth $6.24 million, of the daily fantasy sports company<b>DraftKings Inc</b>DKNG 7.24%via the<b>Ark Fintech Innovation ETF</b>ARKF 2.03%<b>.</b>The investment firm also holds shares of the company via ARKK.</p><p>DraftKings shares closed 7.24% higher at $47.86 on Monday and were further up 1.34% in extended hours.</p><p>The investment firm bought 2,453 shares, estimated to be worth about $1.23 million in video streaming company<b>Netflix Inc</b>NFLX 1.01%via its<b>Ark Space Exploration & Innovation ETF</b>(BATS:ARKX). The investment firm also holds shares of the company via ARKW.</p><p>Netflix shares closed 1% higher at $502.90 on Monday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","DKNG":"DraftKings Inc.","TWTR":"Twitter"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144191609","content_text":"Cathie Wood-led Ark Investment Management on Monday bought 731,775 shares, estimated to be worth about $41.76 million, inTwitter IncTWTR 4.66%— a day after The Bill and Melinda Gates Foundation Trustsold its entire stakein the social media company.Shares of Twitter closed 4.81% higher at $57.06 on Monday. The stock has a 52-week high of $80.75 and a low of $28.23.The investment firm made the trades via two of its funds; theArk Innovation ETFARKK 2.68%and theARK Next Generation Internet ETFARKW 3.08%.The two ETFs together held over 10 million TWTR shares, worth about $549 million, as of Tuesday. No other Ark ETF holds shares of Twitter.Twitter is steadily climbing up the Ark’s portfolio chart and is now ARKK's twenty-first largest investment among a total of 55 stocks and ARKW's fourth-largest investment among a total of 50 stocks.At the start of the month, it ranked as ARKK's thirty-fourth largest investment among a total of 58 stocks and ARKW's eighth-largest investment among a total of 53 stocks.The investment firm also bought 130,400 shares, estimated to be worth $6.24 million, of the daily fantasy sports companyDraftKings IncDKNG 7.24%via theArk Fintech Innovation ETFARKF 2.03%.The investment firm also holds shares of the company via ARKK.DraftKings shares closed 7.24% higher at $47.86 on Monday and were further up 1.34% in extended hours.The investment firm bought 2,453 shares, estimated to be worth about $1.23 million in video streaming companyNetflix IncNFLX 1.01%via itsArk Space Exploration & Innovation ETF(BATS:ARKX). The investment firm also holds shares of the company via ARKW.Netflix shares closed 1% higher at $502.90 on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951199685,"gmtCreate":1673412351948,"gmtModify":1676538832845,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"Ok thx ","listText":"Ok thx ","text":"Ok thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951199685","repostId":"2302632190","repostType":2,"repost":{"id":"2302632190","pubTimestamp":1673406117,"share":"https://ttm.financial/m/news/2302632190?lang=&edition=fundamental","pubTime":"2023-01-11 11:01","market":"us","language":"en","title":"Tesla Stock: Go Fishing Below $100?","url":"https://stock-news.laohu8.com/highlight/detail?id=2302632190","media":"Seeking Alpha","summary":"SummaryTSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against","content":"<html><head></head><body><h2>Summary</h2><ul><li>TSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news.</li><li>The valuation of the company, which was previously considered too high, no longer seems so high, even if we focus only on free cash flows and their realistic projections.</li><li>I try to incorporate some really conservative assumptions into a DCF model and come up with a fair value of about $98.5 per share.</li><li>So once the price falls below this level, GARP investors might consider gradually building a position in the stock.</li><li>I leave my rating Neutral in the hope that TSLA will slide into undervaluation relatively soon.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf807f19c74502010904c6372b10e2e6\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>grandriver/E+ via Getty Images</span></p><h2>Intro & Thesis</h2><p>This is my 5th post on Tesla, Inc. (NASDAQ:TSLA) and the 4th neutral one. In my opinion, the stock has experienced a textbook overreaction, as the valuation of the company, previously considered too high, no longer seems so, even if wefocus only on free cash flows and their realistic projections. I try to incorporate some conservative assumptions into a DCF model and come up with a fair value of about $98.5 per share - it seems to me that once the price falls below this level, GARP investors might consider gradually building a position in the stock.</p><h2>Tesla's Price Action: Causes & Consequences</h2><p>Like the rest of the market at the time, Tesla stock began to experience growth problems in early November 2021 when, after rising nearly 60% just 1 month before, it began a sharp decline that was followed by bouts of recovery but eventually marked the beginning of a long-term downtrend that continues to this day.</p><p>The descending channel on the way down formed exciting entry points for TSLA to rally, but selling pressure was so intense that the stock could not resist and continued to update its local lows. As a result, TSLA has fallen >74% from its November 2021 peak and is currently trading about 56% below its 200-day simple moving average:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8a28b85e5767a6de072aa2489bc31101\" tg-width=\"640\" tg-height=\"310\" width=\"100%\" height=\"auto\"/><span>TrendSpider, TSLA, author's notes</span></p><p>One of the biggest problems for the company at the start of its downward trajectory was valuation - recall that Tesla was trading at 160 times and 360 times TTM-based EV/EBITDA and price-to-earnings ratios, respectively, in November 2021:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23ba164f5855603b1dd81c83fba25e8c\" tg-width=\"640\" tg-height=\"484\" width=\"100%\" height=\"auto\"/><span>YCharts, TSLA, author's notes</span></p><p>The multiple contraction - at least based on the above 3 TTM-based metrics - was about 86.3%, which is too sharp a decline for a simple adjustment based on an interest rate hike. And if we look at the forward ratios, then the multiple contraction in some places reaches ~94%:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5b1684ab867b6d7326ee0f804a94ab5\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"/><span>Data by YCharts</span></p><p>To give you an idea of the extent of today's multiple contraction - during the COVID-19 era, EV/EBITDA ratio bottomed out at about 18-20x, while the 1-year forward ratio is now ~13x.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f45de9e952829689c0fd6dcf9f437fdf\" tg-width=\"640\" tg-height=\"421\" width=\"100%\" height=\"auto\"/><span>YCharts, TSLA, author's notes</span></p><p>There must be a good reason for such a sharp decline - TSLA has several such reasons at once, and all of them are recent. However, the decline has also accelerated relatively recently - the stock lost >36% over the past month.</p><p><i>The first</i> and perhaps most important reason for the fall is Elon Musk's refusal to step down as CEO of Twitter until he finds a worthy successor for the role. Tesla investors were [and presumably still are] concerned that the search will drag on and Musk will lose control of his main asset.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b701128d668ffb0d1438291dc6b398e\" tg-width=\"640\" tg-height=\"212\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha News, author's notes</span></p><p><i>The second</i> news item is huge selling volumes from Musk, who mercilessly sold his shares in large portions in early November and December:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/434305643aa50e6a7652c28035f50323\" tg-width=\"340\" tg-height=\"567\" width=\"100%\" height=\"auto\"/><span>TrendSpider, TSLA's Insiders, author's notes</span></p><p><i>The third</i> piece of news is the introduction of a new hiring freeze and further layoffs through 2023 (presumably Q1), as Electrek writes, citing "a reliable source familiar with the matter."</p><p><i>The fourth piece</i> of news is thehalt of productionin Shanghai, which in 2021 accounted for 51.7% of Tesla's global production capacity. While the company did not specify a reason for the production halt, Reuters previously reported that the suspension of Model Y assembly at the Shanghai plant at the end of the month would be part of a 30% reduction in planned production for the model in December. Additionally, sources have noted that employees at Tesla's Gigafactory in Shanghai and supplier plants have been falling ill due to a recent outbreak of COVID cases in the area.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19eb26f1096b415c5a4694ddade53ced\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha News, author's notes</span></p><p><i>The fifth piece</i> of news is the record deliveries in Q4 2022 that the company announced a few days ago, which unfortunately for TSLA investors did not meet consensus estimates.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3acf215e76cf3a376b3eb5ad27020e42\" tg-width=\"640\" tg-height=\"272\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha News, author's notes</span></p><p><i>The sixth</i> <i>piece</i> of news was an addition to the 4th one - the company was forced to cut prices of its Model Y and Model 3 in China for the second time in less than three months.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2a9bbae14d732bd0d60387c76beb4539\" tg-width=\"640\" tg-height=\"196\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha News, author's notes</span></p><p>So all this news has created a kind of perfect storm that has led to an unprecedented multiple contraction discussed above.</p><p>Analysts at some investment banks have added fuel to the fire by massively lowering their price targets after the share price plunge - you know, previous recommendations of $200-250 per share would have assumed 77-87% growth in the stock over the next 12 months, which seems too generous and not permissible for the sell side.</p><p>One of the most significant downgrades, in my opinion, was made by analysts Ryan Brinkman,Rajat Gupta, CFA, Manasvi Garg, et al. of J.P. Morgan. Their valuation calculations and general reasoning seemed the most realistic to me [compared say to BofA and Goldman Sachs] back in October 2022. This time I think the bank's updated report deserves our attention, just like last time.</p><h2>JPMorgan's New $125 Target Price - Assumptions And Reality Check</h2><p>It is worth noting that, unlike the Street consensus, JPMorgan analysts expected Tesla to deliver significantly less in Q4 2022, so the company actually slightly outperformed the bank's internal forecasts by +4%. Citing multiple price cuts in China during the quarter and the $7,500 discount in the U.S. at the end of Q4, JPMorgan lowered its price target from $150 per share [October 2022] to $125 per share as of Jan. 3, 2023:</p><blockquote>4Q deliveries exceeded the 388,500 we had modeled by +4%. However, this modest beat to our deliveries estimate and modest miss to consensus appears to have come at the cost of atypically high discounting (for example, a $7,500 discount in the US late in 4Q more reminiscent of traditional automakers trading at substantially lower earnings multiples, and multiple price cuts in China throughout the quarter). We are lowering our 4Q EPS estimate from $1.19 prior — flowing only the +4% volume beat through our model would have implied EPS of $1.28, although, with the ratcheting down of pricing and margin expectations, we now forecast $1.16.</blockquote><blockquote>Source: JPMorgan on TSLA, January 3, 2023</blockquote><p>It's interesting to look at the assumptions the bank used in valuing Tesla. They assume that annual sales growth (while remaining impressive overall) is likely to decline every year from now on (they forecast +26% growth in FY2023, +24% in FY2024, and +20% in FY2025), even in the face of growing competition. Tesla's last model refresh (the updated S & X) dates to spring 2021, and many competing models have entered the market since then. Investors' forecasts for +50% annual growth have been helped by the fact that demand has so far outstripped supply. However, with significant capacity coming online in 2023 as a whole compared to 2022 (annual installed run-rate capacity according to 3Q22 shareholder letter of > 1.9M as Austin and Berlin ramp compared to deliveries of 1.3M. in 2022), supply in FY2023 is unlikely to be the limiting factor on Tesla's deliveries that it has been in prior years, so a significant miss on deliveries relative to expectations could be particularly damaging to investors' long-term expectations. As a result, analysts have significantly lowered their EPS estimates: FY2023 to $4.60 from $4.84, FY2024 to $5.15 from $5.35, and FY2025 to $5.55 from $5.65.</p><p>The new price target of $125 per share is predicated upon a 50/50 blend of DCF and 2025E-based multiples analysis (itself a blend of P/E, EV/EBITDA, and price-to-sales). To help you better understand the entire reasoning behind JPM's model, I have summarized the various parts of the model in one image:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58d337bc7188a17b2eeb4fe14ac90428\" tg-width=\"640\" tg-height=\"381\" width=\"100%\" height=\"auto\"/><span>JPMorgan's valuation model for Tesla, author's compilation with notes</span></p><p>The multiple-based analysis consists largely of comparing Tesla by 5 categories:</p><ul><li><i>Disruptive Technology</i>: Apple (AAPL), Google (GOOGL);</li><li><i>Clean Technology</i>: First Solar (FSLR), SunPower (SPWR);</li><li><i>Auto Tech / Innovation</i>: BorgWarner (BWA), Gentex (GNTX);</li><li><i>Luxury Automakers</i>: BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF);</li><li><i>High-Growth Automakers</i>: BYD (OTCPK:BYDDF), Great Wall (OTCPK:GWLLF), and SAIC Motor.</li></ul><p>As you can see, JPM did not include classic American manufacturers such as Ford (F) or General Motors (GM) in this list, which is unacceptable in my opinion - after all, the end market for them is almost the same. It seems to me that if the 6th category were included in the above list, the implied value for the entire segment would be somewhat less than the $148 per share we see now. So the DCF-based projections are a much more reliable metric, in my opinion.</p><p>I propose to independently build a DCF model to value TSLA stock -<i>how realistic is the current price in terms of its "intrinsic value"?</i></p><h2>DCF Based On My Reality</h2><p>I write "<i>My Reality</i>" because some of the assumptions I will take as a basis will most likely not coincide with yours - this is perfectly normal, I suggest discussing our contradictions in the comments section.</p><p>JPM has projected a gradual decline in revenue growth from +26% to +20% in the last projected year (FY25) - I want to be even more conservative here and assume that revenue will grow at a rate of 20% from FY23 to FY25, and by only 15% in FY26. Also, I expect the EBITDA margin to drop to 8% in FY23 (TTM EBITDA margin now = 21.65%) and EBIT margin to be negative -50 bps due to increased expenses (TTM EBIT margin now = 16.83%). So, I try to take into account the whole cascade of negative news I described at the very beginning of this article in the model. I also want to take into account the rather high risk of a recession somewhere in the middle of 2023, which I have mentioned repeatedly in my articles.</p><p>D&A as a percentage of total revenue is expected to remain constant at 7.5% throughout the forecast period, although this percentage has declined rapidly in recent years - I expect D&A non-cash costs to return to 2018-2019 levels as the asset base increases.</p><p>The working capital ratios - receivables to sales, inventories to sales, payables to sales - look fairly consistent and can be easily extrapolated for several years into the future without major changes [focus on averages]. The ratio of CAPEX to sales is one of the most important inputs, as this assumption strongly influences FCF generation. In the past, this ratio was quite variable. However, as Tesla scaled its operations, the ratio of this metric systematically decreased:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccdcae0fc8c85194f0715743a4ba20c3\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>Data by YCharts</span></p><p>In the event of a recession in 2023, I expect CAPEX-to-revenue to fall even further - to 7%. In 2024, it will grow again (8%) and gradually reach 9% in FY26 as production continues to expand.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a583e039e8dbab7ed4ba1d0c2ea6924\" tg-width=\"640\" tg-height=\"220\" width=\"100%\" height=\"auto\"/><span>stratosphere.io, author's inputs</span></p><p>The WACC of TSLA calculated by JPM at 12.3% is significantly more plausible than the WACC of Morgan Stanley at 9%.I calculate my WACC based on the CAPM model:</p><ul><li>beta = 1.9;</li><li>cost of debt = 8%;</li><li>tax rate = 15%;</li><li>risk-free rate = 3.6%;</li><li>cost of equity = 4.7%</li></ul><p>So my WACC is only 0.3% higher than JPM's - 12.6%. In my opinion, this is a very reasonable discount rate for the risk investors take in buying Tesla shares.</p><p>The only point where my model differs fundamentally from the JPM model is the long-term growth rate, in place of which I will use the EV/EBITDA exit multiple. Why?</p><p>Because if I take the same 10% long-term growth rate and lower it slightly, say to 9.5%, then my bottom line - TSLA's intrinsic share price - will drop almost 19%. In my opinion, this kind of sensitivity is unacceptable - it's much more reasonable to imagine what exit multiple Tesla might be trading at in a few years. In terms of EV/EBITDA, it's 13x today. Let us assume that despite the obvious market overreaction, TSLA's EV/EBITDA ratio does not rise [but does not fall much either] - 12x seems like a reasonable assumption to me.</p><p><i>So what is the result of all the above?</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/13419ad1fee629fc6c9ba13bbcd52b0c\" tg-width=\"920\" tg-height=\"922\" width=\"100%\" height=\"auto\"/><span>Source: Author's calculations</span></p><p>My model turned out to be very independent of how the WACC changes - that's not quite correct, but it's better than having it change 180 degrees after every little fluctuation in inputs.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc6371f1b624e264d364f70b147f8bb8\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"/><span>Sensitivity table for author's DCF</span></p><h2>The Verdict For Tesla Stock</h2><p>No one knows exactly when the downward slide of Tesla stock will end. However, one thing seems clear to me - TSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news and a lack of positive news for the company.</p><p>At the end of December, I assumed that TSLA would experience a strong rebound (then from a level of ~$120 per share) after Elon Musk announced that he would not sell his shares for another 1-2 years. And this one positive news would most likely be enough if no new negative news came. However, now the stock is quickly approaching its fair value, which can be achieved even based on very conservative assumptions.</p><p>I calculated that Tesla's fair value is about 13% below current levels. So investors looking for growth at a good price should start taking TSLA positions as soon as the next sell-off develops.</p><p>Since my fair price is lower than the current one and the market is moving very fast, I leave my rating Neutral in the hope that TSLA will slide into undervaluation relatively soon.</p><p><i>This article is written by Danil Sereda for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha_fund","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 Stock: Go Fishing Below $100?</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 Stock: Go Fishing Below $100?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-11 11:01 GMT+8 <a href=https://seekingalpha.com/article/4568946-tesla-stock-go-fishing-below-100><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news.The valuation of the company, which was previously considered...</p>\n\n<a href=\"https://seekingalpha.com/article/4568946-tesla-stock-go-fishing-below-100\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4527":"明星科技股","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4550":"红杉资本持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A(dist)","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4581":"高盛持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4534":"瑞士信贷持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4099":"汽车制造商","BK4511":"特斯拉概念","TSLA":"特斯拉","BK4548":"巴美列捷福持仓","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B"},"source_url":"https://seekingalpha.com/article/4568946-tesla-stock-go-fishing-below-100","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302632190","content_text":"SummaryTSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news.The valuation of the company, which was previously considered too high, no longer seems so high, even if we focus only on free cash flows and their realistic projections.I try to incorporate some really conservative assumptions into a DCF model and come up with a fair value of about $98.5 per share.So once the price falls below this level, GARP investors might consider gradually building a position in the stock.I leave my rating Neutral in the hope that TSLA will slide into undervaluation relatively soon.grandriver/E+ via Getty ImagesIntro & ThesisThis is my 5th post on Tesla, Inc. (NASDAQ:TSLA) and the 4th neutral one. In my opinion, the stock has experienced a textbook overreaction, as the valuation of the company, previously considered too high, no longer seems so, even if wefocus only on free cash flows and their realistic projections. I try to incorporate some conservative assumptions into a DCF model and come up with a fair value of about $98.5 per share - it seems to me that once the price falls below this level, GARP investors might consider gradually building a position in the stock.Tesla's Price Action: Causes & ConsequencesLike the rest of the market at the time, Tesla stock began to experience growth problems in early November 2021 when, after rising nearly 60% just 1 month before, it began a sharp decline that was followed by bouts of recovery but eventually marked the beginning of a long-term downtrend that continues to this day.The descending channel on the way down formed exciting entry points for TSLA to rally, but selling pressure was so intense that the stock could not resist and continued to update its local lows. As a result, TSLA has fallen >74% from its November 2021 peak and is currently trading about 56% below its 200-day simple moving average:TrendSpider, TSLA, author's notesOne of the biggest problems for the company at the start of its downward trajectory was valuation - recall that Tesla was trading at 160 times and 360 times TTM-based EV/EBITDA and price-to-earnings ratios, respectively, in November 2021:YCharts, TSLA, author's notesThe multiple contraction - at least based on the above 3 TTM-based metrics - was about 86.3%, which is too sharp a decline for a simple adjustment based on an interest rate hike. And if we look at the forward ratios, then the multiple contraction in some places reaches ~94%:Data by YChartsTo give you an idea of the extent of today's multiple contraction - during the COVID-19 era, EV/EBITDA ratio bottomed out at about 18-20x, while the 1-year forward ratio is now ~13x.YCharts, TSLA, author's notesThere must be a good reason for such a sharp decline - TSLA has several such reasons at once, and all of them are recent. However, the decline has also accelerated relatively recently - the stock lost >36% over the past month.The first and perhaps most important reason for the fall is Elon Musk's refusal to step down as CEO of Twitter until he finds a worthy successor for the role. Tesla investors were [and presumably still are] concerned that the search will drag on and Musk will lose control of his main asset.Seeking Alpha News, author's notesThe second news item is huge selling volumes from Musk, who mercilessly sold his shares in large portions in early November and December:TrendSpider, TSLA's Insiders, author's notesThe third piece of news is the introduction of a new hiring freeze and further layoffs through 2023 (presumably Q1), as Electrek writes, citing \"a reliable source familiar with the matter.\"The fourth piece of news is thehalt of productionin Shanghai, which in 2021 accounted for 51.7% of Tesla's global production capacity. While the company did not specify a reason for the production halt, Reuters previously reported that the suspension of Model Y assembly at the Shanghai plant at the end of the month would be part of a 30% reduction in planned production for the model in December. Additionally, sources have noted that employees at Tesla's Gigafactory in Shanghai and supplier plants have been falling ill due to a recent outbreak of COVID cases in the area.Seeking Alpha News, author's notesThe fifth piece of news is the record deliveries in Q4 2022 that the company announced a few days ago, which unfortunately for TSLA investors did not meet consensus estimates.Seeking Alpha News, author's notesThe sixth piece of news was an addition to the 4th one - the company was forced to cut prices of its Model Y and Model 3 in China for the second time in less than three months.Seeking Alpha News, author's notesSo all this news has created a kind of perfect storm that has led to an unprecedented multiple contraction discussed above.Analysts at some investment banks have added fuel to the fire by massively lowering their price targets after the share price plunge - you know, previous recommendations of $200-250 per share would have assumed 77-87% growth in the stock over the next 12 months, which seems too generous and not permissible for the sell side.One of the most significant downgrades, in my opinion, was made by analysts Ryan Brinkman,Rajat Gupta, CFA, Manasvi Garg, et al. of J.P. Morgan. Their valuation calculations and general reasoning seemed the most realistic to me [compared say to BofA and Goldman Sachs] back in October 2022. This time I think the bank's updated report deserves our attention, just like last time.JPMorgan's New $125 Target Price - Assumptions And Reality CheckIt is worth noting that, unlike the Street consensus, JPMorgan analysts expected Tesla to deliver significantly less in Q4 2022, so the company actually slightly outperformed the bank's internal forecasts by +4%. Citing multiple price cuts in China during the quarter and the $7,500 discount in the U.S. at the end of Q4, JPMorgan lowered its price target from $150 per share [October 2022] to $125 per share as of Jan. 3, 2023:4Q deliveries exceeded the 388,500 we had modeled by +4%. However, this modest beat to our deliveries estimate and modest miss to consensus appears to have come at the cost of atypically high discounting (for example, a $7,500 discount in the US late in 4Q more reminiscent of traditional automakers trading at substantially lower earnings multiples, and multiple price cuts in China throughout the quarter). We are lowering our 4Q EPS estimate from $1.19 prior — flowing only the +4% volume beat through our model would have implied EPS of $1.28, although, with the ratcheting down of pricing and margin expectations, we now forecast $1.16.Source: JPMorgan on TSLA, January 3, 2023It's interesting to look at the assumptions the bank used in valuing Tesla. They assume that annual sales growth (while remaining impressive overall) is likely to decline every year from now on (they forecast +26% growth in FY2023, +24% in FY2024, and +20% in FY2025), even in the face of growing competition. Tesla's last model refresh (the updated S & X) dates to spring 2021, and many competing models have entered the market since then. Investors' forecasts for +50% annual growth have been helped by the fact that demand has so far outstripped supply. However, with significant capacity coming online in 2023 as a whole compared to 2022 (annual installed run-rate capacity according to 3Q22 shareholder letter of > 1.9M as Austin and Berlin ramp compared to deliveries of 1.3M. in 2022), supply in FY2023 is unlikely to be the limiting factor on Tesla's deliveries that it has been in prior years, so a significant miss on deliveries relative to expectations could be particularly damaging to investors' long-term expectations. As a result, analysts have significantly lowered their EPS estimates: FY2023 to $4.60 from $4.84, FY2024 to $5.15 from $5.35, and FY2025 to $5.55 from $5.65.The new price target of $125 per share is predicated upon a 50/50 blend of DCF and 2025E-based multiples analysis (itself a blend of P/E, EV/EBITDA, and price-to-sales). To help you better understand the entire reasoning behind JPM's model, I have summarized the various parts of the model in one image:JPMorgan's valuation model for Tesla, author's compilation with notesThe multiple-based analysis consists largely of comparing Tesla by 5 categories:Disruptive Technology: Apple (AAPL), Google (GOOGL);Clean Technology: First Solar (FSLR), SunPower (SPWR);Auto Tech / Innovation: BorgWarner (BWA), Gentex (GNTX);Luxury Automakers: BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF);High-Growth Automakers: BYD (OTCPK:BYDDF), Great Wall (OTCPK:GWLLF), and SAIC Motor.As you can see, JPM did not include classic American manufacturers such as Ford (F) or General Motors (GM) in this list, which is unacceptable in my opinion - after all, the end market for them is almost the same. It seems to me that if the 6th category were included in the above list, the implied value for the entire segment would be somewhat less than the $148 per share we see now. So the DCF-based projections are a much more reliable metric, in my opinion.I propose to independently build a DCF model to value TSLA stock -how realistic is the current price in terms of its \"intrinsic value\"?DCF Based On My RealityI write \"My Reality\" because some of the assumptions I will take as a basis will most likely not coincide with yours - this is perfectly normal, I suggest discussing our contradictions in the comments section.JPM has projected a gradual decline in revenue growth from +26% to +20% in the last projected year (FY25) - I want to be even more conservative here and assume that revenue will grow at a rate of 20% from FY23 to FY25, and by only 15% in FY26. Also, I expect the EBITDA margin to drop to 8% in FY23 (TTM EBITDA margin now = 21.65%) and EBIT margin to be negative -50 bps due to increased expenses (TTM EBIT margin now = 16.83%). So, I try to take into account the whole cascade of negative news I described at the very beginning of this article in the model. I also want to take into account the rather high risk of a recession somewhere in the middle of 2023, which I have mentioned repeatedly in my articles.D&A as a percentage of total revenue is expected to remain constant at 7.5% throughout the forecast period, although this percentage has declined rapidly in recent years - I expect D&A non-cash costs to return to 2018-2019 levels as the asset base increases.The working capital ratios - receivables to sales, inventories to sales, payables to sales - look fairly consistent and can be easily extrapolated for several years into the future without major changes [focus on averages]. The ratio of CAPEX to sales is one of the most important inputs, as this assumption strongly influences FCF generation. In the past, this ratio was quite variable. However, as Tesla scaled its operations, the ratio of this metric systematically decreased:Data by YChartsIn the event of a recession in 2023, I expect CAPEX-to-revenue to fall even further - to 7%. In 2024, it will grow again (8%) and gradually reach 9% in FY26 as production continues to expand.stratosphere.io, author's inputsThe WACC of TSLA calculated by JPM at 12.3% is significantly more plausible than the WACC of Morgan Stanley at 9%.I calculate my WACC based on the CAPM model:beta = 1.9;cost of debt = 8%;tax rate = 15%;risk-free rate = 3.6%;cost of equity = 4.7%So my WACC is only 0.3% higher than JPM's - 12.6%. In my opinion, this is a very reasonable discount rate for the risk investors take in buying Tesla shares.The only point where my model differs fundamentally from the JPM model is the long-term growth rate, in place of which I will use the EV/EBITDA exit multiple. Why?Because if I take the same 10% long-term growth rate and lower it slightly, say to 9.5%, then my bottom line - TSLA's intrinsic share price - will drop almost 19%. In my opinion, this kind of sensitivity is unacceptable - it's much more reasonable to imagine what exit multiple Tesla might be trading at in a few years. In terms of EV/EBITDA, it's 13x today. Let us assume that despite the obvious market overreaction, TSLA's EV/EBITDA ratio does not rise [but does not fall much either] - 12x seems like a reasonable assumption to me.So what is the result of all the above?Source: Author's calculationsMy model turned out to be very independent of how the WACC changes - that's not quite correct, but it's better than having it change 180 degrees after every little fluctuation in inputs.Sensitivity table for author's DCFThe Verdict For Tesla StockNo one knows exactly when the downward slide of Tesla stock will end. However, one thing seems clear to me - TSLA's 43% drop in just 2 last months looks like a textbook stock market overreaction against a backdrop of plenty of negative news and a lack of positive news for the company.At the end of December, I assumed that TSLA would experience a strong rebound (then from a level of ~$120 per share) after Elon Musk announced that he would not sell his shares for another 1-2 years. And this one positive news would most likely be enough if no new negative news came. However, now the stock is quickly approaching its fair value, which can be achieved even based on very conservative assumptions.I calculated that Tesla's fair value is about 13% below current levels. So investors looking for growth at a good price should start taking TSLA positions as soon as the next sell-off develops.Since my fair price is lower than the current one and the market is moving very fast, I leave my rating Neutral in the hope that TSLA will slide into undervaluation relatively soon.This article is written by Danil Sereda for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097012347,"gmtCreate":1645260030078,"gmtModify":1676534014333,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>$80 by end of next week?","listText":"<a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$</a>$80 by end of next week?","text":"$PayPal(PYPL)$$80 by end of next week?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097012347","isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145915341,"gmtCreate":1626185983483,"gmtModify":1703755117851,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>has it flat lined?","listText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>has it flat lined?","text":"$Proterra Inc.(PTRA)$has it flat lined?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145915341","isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153195636,"gmtCreate":1625012667025,"gmtModify":1703850002566,"author":{"id":"3563792027372742","authorId":"3563792027372742","name":"munkit","avatar":"https://static.tigerbbs.com/2c7aae13839b764869486e80283b5365","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563792027372742","idStr":"3563792027372742"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>will it ever break $20 and beyond in the next quarter?","listText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>will it ever break $20 and beyond in the next quarter?","text":"$Proterra Inc.(PTRA)$will it ever break $20 and beyond in the next quarter?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153195636","isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581752539905418","authorId":"3581752539905418","name":"SherylSim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581752539905418","idStr":"3581752539905418"},"content":"indeed, wondering whether it will rise","text":"indeed, wondering whether it will rise","html":"indeed, wondering whether it will rise"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}