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Uday
2024-07-09
Virgin galactic worthless stock i bought. Company no intention to grow up. Very sad.
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Uday
2023-05-09
Is it coming back?đ
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Uday
2021-08-26
It should fly to moon?
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Uday
2021-08-14
Great
Tesla seeks to reduce board membersâ terms, make other changes in October shareholder meeting
Uday
2021-08-13
Buy buy
5 Buy-Rated Stocks That Top Fund Managers Are Loading Up On Now
Uday
2021-07-28
Trend showing âŚ. Stocks earning means price comedown. Earning supposed to get support from retail investors to earn more of respective company ?
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Uday
2021-07-20
Wow, but stock fell like crazy
Virgin Galactic fell over 7% in morning trading
Uday
2021-07-20
$Tiger Brokers(TIGR)$
Buyyy
Uday
2021-07-12
Great achievement of virgin Galactic, well done
Virgin Galactic's Branson ready for space launch aboard rocket plane
Uday
2021-07-07
Amazon awesome
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Uday
2021-07-05
Buy buy , this is the time to buy
Berkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position
Uday
2021-07-02
Bitcoin can consider as a live lucky draw. Nobody can predict itâs future but the signs of volume shows positive influence to us.
Bitcoin drops over 5% to $33,226.36
Uday
2021-07-01
It super worthy stock
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Uday
2021-06-30
16th July still far way, why should worry, it doesnât mean stocks price become worthless.It is valuable and worthy stocks
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Uday
2021-06-30
Buy more @Can , it will max worthy
Crypto stocks follow the rise of Bitcoin in premarket trading
Uday
2021-06-30
Fly people and stocks also flying?
Branson's Virgin Galactic gets FAA approval to fly people to space
Uday
2021-06-30
Spce great stock, it has great future
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Uday
2021-06-30
Meme stocks will go like?
Meme stocks are mixed
Uday
2021-06-29
$Ambev SA(ABEV)$
Buy buy
Uday
2021-06-28
Rockets ?
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Go to Tiger App to see more news
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galactic worthless stock i bought. Company no intention to grow up. Very sad.","listText":"Virgin galactic worthless stock i bought. Company no intention to grow up. Very sad.","text":"Virgin galactic worthless stock i bought. Company no intention to grow up. Very sad.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325664591249528","repostId":"2449714616","repostType":2,"isVote":1,"tweetType":1,"viewCount":1664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947795990,"gmtCreate":1683575166510,"gmtModify":1683575172195,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Is it coming back?đ","listText":"Is it coming back?đ","text":"Is it coming back?đ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947795990","repostId":"2333239126","repostType":2,"isVote":1,"tweetType":1,"viewCount":2041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837767235,"gmtCreate":1629929948927,"gmtModify":1676530172359,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"It should fly to moon?","listText":"It should fly to moon?","text":"It should fly to moon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837767235","repostId":"1144184594","repostType":2,"isVote":1,"tweetType":1,"viewCount":2128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897688132,"gmtCreate":1628912529626,"gmtModify":1676529892350,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/897688132","repostId":"2159321505","repostType":4,"repost":{"id":"2159321505","kind":"highlight","pubTimestamp":1628911811,"share":"https://ttm.financial/m/news/2159321505?lang=&edition=fundamental","pubTime":"2021-08-14 11:30","market":"us","language":"en","title":"Tesla seeks to reduce board membersâ terms, make other changes in October shareholder meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321505","media":"MarketWatch","summary":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. ","content":"<p>Board members would serve for two years rather than three</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abc701f141f0c0044cabe912e510fe2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Tesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES</span></p>\n<p>Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directorsâ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.</p>\n<p>One of the proposals calls for each directorâs term to be reduced from three years to two years. Teslaâs board currently has nine members who are divided into three classes in staggered three-year terms.</p>\n<p>If the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.</p>\n<p>The board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 heâd not be seeking reelection when his term ends this year.</p>\n<p>Teslaâs board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Muskâs brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.</p>\n<p>Teslaâs curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.</p>\n<p>The two-year term, however, âstrikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,â Tesla said.</p>\n<p>Tesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&P 500 index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla seeks to reduce board membersâ terms, make other changes in October shareholder meeting</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 seeks to reduce board membersâ terms, make other changes in October shareholder meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 11:30 GMT+8 <a href=https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"çšćŻć"},"source_url":"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321505","content_text":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directorsâ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.\nOne of the proposals calls for each directorâs term to be reduced from three years to two years. Teslaâs board currently has nine members who are divided into three classes in staggered three-year terms.\nIf the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.\nThe board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 heâd not be seeking reelection when his term ends this year.\nTeslaâs board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Muskâs brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.\nTeslaâs curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.\nThe two-year term, however, âstrikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,â Tesla said.\nTesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&P 500 index.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2977,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894595563,"gmtCreate":1628836282452,"gmtModify":1676529870254,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Buy buy","listText":"Buy buy","text":"Buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894595563","repostId":"1101202302","repostType":4,"repost":{"id":"1101202302","kind":"news","pubTimestamp":1628824140,"share":"https://ttm.financial/m/news/1101202302?lang=&edition=fundamental","pubTime":"2021-08-13 11:09","market":"us","language":"en","title":"5 Buy-Rated Stocks That Top Fund Managers Are Loading Up On Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1101202302","media":"24/7 wall street","summary":"To say that hedge fund and mutual fund managers tend to follow the herd is an incredible understatem","content":"<p>To say that hedge fund and mutual fund managers tend to follow the herd is an incredible understatement and always has been. While publicly they sometimes seem reluctant to discuss their holdings, especially stocks they are short sellers of, the reality is that managers tend to talk among themselves as they run in the same circles, and often the discussions are centered on their portfolios and what is in them.</p>\n<p>In a new research report, Savita Subramanian, the superb BofA Securities equity and quant strategist, and her team look at mutual fund and hedge fund holdings. As per usual, many of the top stocks are incredibly crowded. The report said this about current conditions:</p>\n<blockquote>\n Several of the largest stay-at-home beneficiaries are more crowded by funds today than a year ago: The world looks completely different than a year ago. A year ago, the consumer heavily relied on e-commerce and shifted their consumption from services to goods. But today, reopening is well underway and the consumer is increasing their services consumption (sometimes at the expense of goods), hitting e-commerce.We were interested in the stocks that fund managers with the highest relative overweight percentage in their portfolios, and the five stocks that lead that category are very strong ideas for growth investors with a degree of risk tolerance. Portfolio weight is the percentage of an investment portfolio that a particular holding or type of holding comprises. The most basic way to determine the weight of an asset is by dividing the dollar value of a security by the total dollar value of the portfolio.\n</blockquote>\n<p></p>\n<p>The five stocks are listed here in order of the highest relative weighting by fund managers, and they all have Buy ratings at top Wall Street firms. It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.</p>\n<p><a href=\"https://laohu8.com/S/BHGE\">Baker Hughes</a></p>\n<p>This somewhat contrarian play makes sense for investors looking for quality energy exposure. <a href=\"https://laohu8.com/S/BHI\">Baker Hughes</a> Co. (NYSE: BKR) is an international industrial service company and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the worldâs largest oil field services companies. It provides the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting. It is the second-largest oilfield services and equipment company in the world by market cap.</p>\n<p><a href=\"https://laohu8.com/S/BKR\">Baker Hughes</a> prides itself on being a self-described energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, the firmâs innovative technologies and services are taking energy forward.</p>\n<p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> has a Buy rating and said this recently:</p>\n<blockquote>\n Baker Hughes is the core equipment provider and has 90%+ market share in the global LNG liquefaction development market, which we expect will drive EBITDA and margin growth.\n</blockquote>\n<p>Fund managers have a 3.35% relative weighting on this one. Shareholders receive a 3.05% dividend. The $29 Goldman Sachs price target for Baker Hughes stock compares with a $27.90 consensus target and a Wednesdayâs closing print of $21.51.</p>\n<p><a href=\"https://laohu8.com/S/CMG\">Chipotle Mexican Grill</a></p>\n<p>The remains a favorite destination for those looking to eat out, and the stock is a top pick across Wall Street. Chipotle Mexican Grill Inc. (NYSE: CMG) operates more than 2,400 fast-casual Mexican restaurants offering freshly made burritos, tacos, burrito bowls and salads.</p>\n<p>It is 100% company-operated and runs average unit volumes much higher than peers. The company has established a strong foundation with a focus on operations, supply chain and marketing over the past two years. The digital transformation brought about by the pandemic allows Chipotle to leverage its digital ecosystem, the strong mobile app, a rapidly growing loyalty program with over 20 million members in just two years, and third-party delivery and digital drive-thrus continue to drive top-line growth and improving margins.</p>\n<p>Chipotle Mexican Grill posted incredible second-quarter results, beating Wall Streetâs forecasts for both the top and bottom lines. Sales at restaurants open at least a year grew more than 31%, also coming in ahead of expectations. Many across Wall Street raised their price targets on the stock after the report.</p>\n<p>Fund managers have a 2.64% relative weighting. Baird has a price target of $2,150 for Chipotle Mexican Grill stock, while the consensus target is $1,769.72. Wednesdayâs closing price was $1,855.46 a share.</p>\n<p><a href=\"https://laohu8.com/S/EOG\">EOG Resources</a></p>\n<p>This leading energy firm shows up well on many Wall Street screens. EOG Resources Inc. (NYSE: EOG) is one of the largest independent exploration and production companies operating in the <a href=\"https://laohu8.com/S/UBNK\">United</a> States, Canada, Trinidad, the <a href=\"https://laohu8.com/S/UBCP\">United</a> Kingdom and <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>The stock was hit hard earlier this summer and offering an outstanding entry point for investors looking for quality ideas in the sector. EOG has secured four years of drilling permits, while retaining flexibility to reallocate resources to other parts of the portfolio and off federal property. EOG has 3000 locations not on federal lands, which most on Wall Street expect to expand through its exploration.</p>\n<p>Fund managers have a 2.55% relative weighting. Shareholders receive a 2.38% dividend. The price target at Piper Sandler is a whopping $110. The posted consensus target is $97.53, and EOG Resources stock closed at $69.46 on Tuesday.</p>\n<p>Carrier Global</p>\n<p>This huge corporation might be a big beneficiary of an infrastructure build-out. Carrier Global Corp. (NYSE: CARR) provides heating, ventilating and air conditioning (HVAC), as well as refrigeration, fire, security and building automation technologies, worldwide.</p>\n<p>The HVAC segment provides products, controls, services and solutions to meet the heating and cooling needs of residential and commercial customers. Its products include air conditioners, heating systems, controls and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions.</p>\n<p>The Refrigeration segment offers transport refrigeration products and services, including refrigeration and monitoring systems for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems and controls.</p>\n<p>The Fire & Security segment provides various residential and building systems, including fire, flame, gas, smoke and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation and system integration, as well as aftermarket maintenance and repair and monitoring services.</p>\n<p>Fund managers have a 2.53% relative weighting here. Carrier Global stock investors receive a 0.84% dividend. The Stephens price target of $65 is well above the $52.06 consensus target. Wednesdayâs closing share price was $56.89.</p>\n<p>Netflix</p>\n<p>This Wall Street darling and FANG constituent offers a great entry point after selling off from all-time highs back in January, and it is on the firmâs US 1 list. Netflix Inc. (NASDAQ: NFLX) is the worldâs leading internet television network, with more than 120 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films.</p>\n<p>Members can watch as much as they want, anytime, anywhere, on nearly any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments. Netflix is available on virtually any device with an internet connection, including personal computers, tablets, smartphones, smart TVs and game consoles, and it automatically provides the best possible streaming quality based on the available bandwidth.</p>\n<p>Many titles, including Netflix original series and films, are available in high-definition with Dolby Digital Plus 5.1 surround sound and some in Ultra HD 4K. It appears Netflix may be cracking down on password sharing. Many on Wall Street view such crackdowns as a tailwind, and Netflix is in a strong position to continue price increases this year.</p>\n<p>Fund managers have a 2.52% relative weighting. The BofA Securities price target is $680. The consensus target is $613.68, and Netflix stock closed most recently at $512.40.</p>\n<p>These five stocks have the highest relative portfolio weightings for active fund managers. Given that the market continues to hit new all-time highs seemingly every other day, it may make sense to buy partial positions here and see if we get a pullback in the seasonally weak time of year.</p>","source":"lsy1620372341666","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Buy-Rated Stocks That Top Fund Managers Are Loading Up On Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Buy-Rated Stocks That Top Fund Managers Are Loading Up On Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 11:09 GMT+8 <a href=https://247wallst.com/investing/2021/08/12/5-buy-rated-stocks-that-top-fund-managers-are-loading-up-on-now/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>To say that hedge fund and mutual fund managers tend to follow the herd is an incredible understatement and always has been. While publicly they sometimes seem reluctant to discuss their holdings, ...</p>\n\n<a href=\"https://247wallst.com/investing/2021/08/12/5-buy-rated-stocks-that-top-fund-managers-are-loading-up-on-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"ĺĽéŁ","CMG":"墨ĺźç§ç¤","EOG":"äžćŹ§ć źčľćş","CARR":"ĺźĺŠĺ ¨ç","BKR":"Baker Hughes Co"},"source_url":"https://247wallst.com/investing/2021/08/12/5-buy-rated-stocks-that-top-fund-managers-are-loading-up-on-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101202302","content_text":"To say that hedge fund and mutual fund managers tend to follow the herd is an incredible understatement and always has been. While publicly they sometimes seem reluctant to discuss their holdings, especially stocks they are short sellers of, the reality is that managers tend to talk among themselves as they run in the same circles, and often the discussions are centered on their portfolios and what is in them.\nIn a new research report, Savita Subramanian, the superb BofA Securities equity and quant strategist, and her team look at mutual fund and hedge fund holdings. As per usual, many of the top stocks are incredibly crowded. The report said this about current conditions:\n\n Several of the largest stay-at-home beneficiaries are more crowded by funds today than a year ago: The world looks completely different than a year ago. A year ago, the consumer heavily relied on e-commerce and shifted their consumption from services to goods. But today, reopening is well underway and the consumer is increasing their services consumption (sometimes at the expense of goods), hitting e-commerce.We were interested in the stocks that fund managers with the highest relative overweight percentage in their portfolios, and the five stocks that lead that category are very strong ideas for growth investors with a degree of risk tolerance. Portfolio weight is the percentage of an investment portfolio that a particular holding or type of holding comprises. The most basic way to determine the weight of an asset is by dividing the dollar value of a security by the total dollar value of the portfolio.\n\n\nThe five stocks are listed here in order of the highest relative weighting by fund managers, and they all have Buy ratings at top Wall Street firms. It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.\nBaker Hughes\nThis somewhat contrarian play makes sense for investors looking for quality energy exposure. Baker Hughes Co. (NYSE: BKR) is an international industrial service company and one of the worldâs largest oil field services companies. It provides the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting. It is the second-largest oilfield services and equipment company in the world by market cap.\nBaker Hughes prides itself on being a self-described energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, the firmâs innovative technologies and services are taking energy forward.\nGoldman Sachs has a Buy rating and said this recently:\n\n Baker Hughes is the core equipment provider and has 90%+ market share in the global LNG liquefaction development market, which we expect will drive EBITDA and margin growth.\n\nFund managers have a 3.35% relative weighting on this one. Shareholders receive a 3.05% dividend. The $29 Goldman Sachs price target for Baker Hughes stock compares with a $27.90 consensus target and a Wednesdayâs closing print of $21.51.\nChipotle Mexican Grill\nThe remains a favorite destination for those looking to eat out, and the stock is a top pick across Wall Street. Chipotle Mexican Grill Inc. (NYSE: CMG) operates more than 2,400 fast-casual Mexican restaurants offering freshly made burritos, tacos, burrito bowls and salads.\nIt is 100% company-operated and runs average unit volumes much higher than peers. The company has established a strong foundation with a focus on operations, supply chain and marketing over the past two years. The digital transformation brought about by the pandemic allows Chipotle to leverage its digital ecosystem, the strong mobile app, a rapidly growing loyalty program with over 20 million members in just two years, and third-party delivery and digital drive-thrus continue to drive top-line growth and improving margins.\nChipotle Mexican Grill posted incredible second-quarter results, beating Wall Streetâs forecasts for both the top and bottom lines. Sales at restaurants open at least a year grew more than 31%, also coming in ahead of expectations. Many across Wall Street raised their price targets on the stock after the report.\nFund managers have a 2.64% relative weighting. Baird has a price target of $2,150 for Chipotle Mexican Grill stock, while the consensus target is $1,769.72. Wednesdayâs closing price was $1,855.46 a share.\nEOG Resources\nThis leading energy firm shows up well on many Wall Street screens. EOG Resources Inc. (NYSE: EOG) is one of the largest independent exploration and production companies operating in the United States, Canada, Trinidad, the United Kingdom and China.\nThe stock was hit hard earlier this summer and offering an outstanding entry point for investors looking for quality ideas in the sector. EOG has secured four years of drilling permits, while retaining flexibility to reallocate resources to other parts of the portfolio and off federal property. EOG has 3000 locations not on federal lands, which most on Wall Street expect to expand through its exploration.\nFund managers have a 2.55% relative weighting. Shareholders receive a 2.38% dividend. The price target at Piper Sandler is a whopping $110. The posted consensus target is $97.53, and EOG Resources stock closed at $69.46 on Tuesday.\nCarrier Global\nThis huge corporation might be a big beneficiary of an infrastructure build-out. Carrier Global Corp. (NYSE: CARR) provides heating, ventilating and air conditioning (HVAC), as well as refrigeration, fire, security and building automation technologies, worldwide.\nThe HVAC segment provides products, controls, services and solutions to meet the heating and cooling needs of residential and commercial customers. Its products include air conditioners, heating systems, controls and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions.\nThe Refrigeration segment offers transport refrigeration products and services, including refrigeration and monitoring systems for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems and controls.\nThe Fire & Security segment provides various residential and building systems, including fire, flame, gas, smoke and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation and system integration, as well as aftermarket maintenance and repair and monitoring services.\nFund managers have a 2.53% relative weighting here. Carrier Global stock investors receive a 0.84% dividend. The Stephens price target of $65 is well above the $52.06 consensus target. Wednesdayâs closing share price was $56.89.\nNetflix\nThis Wall Street darling and FANG constituent offers a great entry point after selling off from all-time highs back in January, and it is on the firmâs US 1 list. Netflix Inc. (NASDAQ: NFLX) is the worldâs leading internet television network, with more than 120 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films.\nMembers can watch as much as they want, anytime, anywhere, on nearly any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments. Netflix is available on virtually any device with an internet connection, including personal computers, tablets, smartphones, smart TVs and game consoles, and it automatically provides the best possible streaming quality based on the available bandwidth.\nMany titles, including Netflix original series and films, are available in high-definition with Dolby Digital Plus 5.1 surround sound and some in Ultra HD 4K. It appears Netflix may be cracking down on password sharing. Many on Wall Street view such crackdowns as a tailwind, and Netflix is in a strong position to continue price increases this year.\nFund managers have a 2.52% relative weighting. The BofA Securities price target is $680. The consensus target is $613.68, and Netflix stock closed most recently at $512.40.\nThese five stocks have the highest relative portfolio weightings for active fund managers. Given that the market continues to hit new all-time highs seemingly every other day, it may make sense to buy partial positions here and see if we get a pullback in the seasonally weak time of year.","news_type":1,"symbols_score_info":{"NFLX":0.9,"BKR":0.9,"CARR":0.9,"CMG":0.9,"EOG":0.9}},"isVote":1,"tweetType":1,"viewCount":2476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803511035,"gmtCreate":1627447460427,"gmtModify":1703490160054,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Trend showing âŚ. Stocks earning means price comedown. Earning supposed to get support from retail investors to earn more of respective company ?","listText":"Trend showing âŚ. Stocks earning means price comedown. Earning supposed to get support from retail investors to earn more of respective company ?","text":"Trend showing âŚ. Stocks earning means price comedown. Earning supposed to get support from retail investors to earn more of respective company ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/803511035","repostId":"1146638478","repostType":4,"isVote":1,"tweetType":1,"viewCount":2600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178141561,"gmtCreate":1626793780553,"gmtModify":1703765388954,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Wow, but stock fell like crazy ","listText":"Wow, but stock fell like crazy ","text":"Wow, but stock fell like crazy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178141561","repostId":"1182166123","repostType":4,"repost":{"id":"1182166123","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626789320,"share":"https://ttm.financial/m/news/1182166123?lang=&edition=fundamental","pubTime":"2021-07-20 21:55","market":"us","language":"en","title":"Virgin Galactic fell over 7% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1182166123","media":"Tiger Newspress","summary":"(July 20) Virgin Galactic fell over 7% in morning trading. Minutes ago, Jeff Bezos reaches space on ","content":"<p>(July 20) <a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> fell over 7% in morning trading. Minutes ago, Jeff Bezos reaches space on Blue Originâs first crewed launch</p>\n<p><img src=\"https://static.tigerbbs.com/e08838544d173bf3e12d08989cc775e1\" tg-width=\"709\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></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>Virgin Galactic fell over 7% in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVirgin Galactic fell over 7% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-20 21:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July 20) <a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> fell over 7% in morning trading. Minutes ago, Jeff Bezos reaches space on Blue Originâs first crewed launch</p>\n<p><img src=\"https://static.tigerbbs.com/e08838544d173bf3e12d08989cc775e1\" tg-width=\"709\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"çť´çéść˛ł"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182166123","content_text":"(July 20) Virgin Galactic fell over 7% in morning trading. Minutes ago, Jeff Bezos reaches space on Blue Originâs first crewed launch","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1949,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171814073,"gmtCreate":1626736290292,"gmtModify":1703764044626,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Buyyy","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Buyyy","text":"$Tiger Brokers(TIGR)$Buyyy","images":[{"img":"https://static.tigerbbs.com/3775868c85654579f1d12abccecc6563","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/171814073","isVote":1,"tweetType":1,"viewCount":3150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":146057866,"gmtCreate":1626046468155,"gmtModify":1703752164238,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Great achievement of virgin Galactic, well done","listText":"Great achievement of virgin Galactic, well done","text":"Great achievement of virgin Galactic, well done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/146057866","repostId":"2150025553","repostType":4,"repost":{"id":"2150025553","kind":"highlight","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":1625986860,"share":"https://ttm.financial/m/news/2150025553?lang=&edition=fundamental","pubTime":"2021-07-11 15:01","market":"us","language":"en","title":"Virgin Galactic's Branson ready for space launch aboard rocket plane","url":"https://stock-news.laohu8.com/highlight/detail?id=2150025553","media":"Reuters","summary":"By Steve Gorman\nLAS CRUCES, N.M., July 11 (Reuters) - British billionaire Richard Branson was due on","content":"<p>By Steve Gorman</p>\n<p>LAS CRUCES, N.M., July 11 (Reuters) - British billionaire Richard Branson was due on Sunday to climb into his Virgin Galactic passenger rocket plane and soar more than 50 miles above the New Mexico desert in the vehicle's first fully crewed test flight to the edge of space.</p>\n<p>Branson, <a href=\"https://laohu8.com/S/AONE\">one</a> of six Virgin Galactic Holding Inc employees strapping in for the ride, has touted the flight as a precursor to a new era of space tourism, with the company he founded poised to begin commercial operations next year.</p>\n<p>A discount travel service it is not. But demand is apparently strong, with several hundred wealthy would-be citizen astronauts already having booked reservations, priced at around $250,000 per ticket.</p>\n<p>The Swiss-based investment bank UBS has estimated the potential value of the space tourism market reaching $3 billion annually by 2030.</p>\n<p>Proving rocket travel safe for the general public is key, given the inherent dangers of spaceflight.</p>\n<p>An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing <a href=\"https://laohu8.com/S/AONE.U\">one</a> pilot and seriously injuring another.</p>\n<p>Branson's participation in Sunday's flight, announced just over a week ago, is in keeping with his persona as the daredevil executive whose Virgin brands - from airlines to music companies - have long been associated with ocean-crossing exploits in sailboats and hot-air balloons.</p>\n<p>His ride-along also upstages rival astro-tourism venture Blue Origin and its founder, Amazon mogul Jeff Bezos, in what has been popularized as the \"billionaire space race.\" Bezos has been planning to fly aboard his own suborbital rocketship, the New Shepard, later this month.</p>\n<p>Branson, a week away from his 71st birthday, has insisted he and Bezos are friendly rivals and not engaged in a personal contest to beat one another into space.</p>\n<p>A third player, fellow billionaire proprietor Elon Musk's SpaceX, plans to send its first all-civilian crew (without Musk) into orbit in September, after having already launched numerous cargo payloads and astronauts to the International Space Station for NASA.</p>\n<p>The launch of Virgin Galactic's VSS Unity rocket plane on Sunday will mark the company's 22nd test flight of its SpaceShipTwo system, and its fourth crewed mission beyond Earth's atmosphere. But it will be the first to carry a full compliment of space travelers - two pilots and four \"mission specialists,\" Branson among them.</p>\n<p>Weather permitting, the gleaming white spaceplane will take off at around 0900 ET (1300 GMT) on Sunday attached to the underside of the twin-fuselage carrier jet VMS Eve - named for Branson's mother - from Spaceport America near the aptly named New Mexico town of Truth or Consequences. Virgin Galactic occupies a large section of that facility, about 75 miles (120 km) north of Las Cruces.</p>\n<p>Separating from the carrier jet at an altitude of 50,000 feet, Unity's pilots will ignite its rocket engine to send the spaceplane streaking in a near-vertical climb to the blackness of space some 55 miles high, where the crew will experience about 4 minutes of microgravity.</p>\n<p>The vehicle's engine will then be shut down, and the craft will be shifted into re-entry mode and make a gliding descent to a runway at the spaceport. The entire flight, from takeoff to landing, should take about 90 minutes.</p>\n<p>Branson's official role is to \"evaluate the private astronaut experience,\" and his observations will be used to \"enhance the journey for all future astronaut customers,\" according to Virgin's press materials.</p>\n<p>The spaceplane's two pilots, Dave Mackay and Michael Masucci, will control the ignition and shutoff of the ship's rocket engine, and activate the vehicle's \"feathered\" tail maneuver for re-entry.</p>\n<p>The three other mission specialists are Beth Moses, the company's chief astronaut instructor; Virgin Galactic's lead operations engineer Colin Bennett; and Sirisha Bandla, a research operations and government affairs vice president.</p>\n<p>Assuming the mission goes well, Virgin has plans for two further test flights of the spaceplane before beginning commercial service in 2022.</p>\n<p>(Reporting by Steve Gorman; Editing by Daniel Wallis)</p>\n<p>((steve.gorman@thomsonreuters.com; 310-491-7256; Reuters Messaging: steve.gorman.thomsonreuters.com@reuters.net))</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>Virgin Galactic's Branson ready for space launch aboard rocket plane</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\">\nVirgin Galactic's Branson ready for space launch aboard rocket plane\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\">2021-07-11 15:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By Steve Gorman</p>\n<p>LAS CRUCES, N.M., July 11 (Reuters) - British billionaire Richard Branson was due on Sunday to climb into his Virgin Galactic passenger rocket plane and soar more than 50 miles above the New Mexico desert in the vehicle's first fully crewed test flight to the edge of space.</p>\n<p>Branson, <a href=\"https://laohu8.com/S/AONE\">one</a> of six Virgin Galactic Holding Inc employees strapping in for the ride, has touted the flight as a precursor to a new era of space tourism, with the company he founded poised to begin commercial operations next year.</p>\n<p>A discount travel service it is not. But demand is apparently strong, with several hundred wealthy would-be citizen astronauts already having booked reservations, priced at around $250,000 per ticket.</p>\n<p>The Swiss-based investment bank UBS has estimated the potential value of the space tourism market reaching $3 billion annually by 2030.</p>\n<p>Proving rocket travel safe for the general public is key, given the inherent dangers of spaceflight.</p>\n<p>An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing <a href=\"https://laohu8.com/S/AONE.U\">one</a> pilot and seriously injuring another.</p>\n<p>Branson's participation in Sunday's flight, announced just over a week ago, is in keeping with his persona as the daredevil executive whose Virgin brands - from airlines to music companies - have long been associated with ocean-crossing exploits in sailboats and hot-air balloons.</p>\n<p>His ride-along also upstages rival astro-tourism venture Blue Origin and its founder, Amazon mogul Jeff Bezos, in what has been popularized as the \"billionaire space race.\" Bezos has been planning to fly aboard his own suborbital rocketship, the New Shepard, later this month.</p>\n<p>Branson, a week away from his 71st birthday, has insisted he and Bezos are friendly rivals and not engaged in a personal contest to beat one another into space.</p>\n<p>A third player, fellow billionaire proprietor Elon Musk's SpaceX, plans to send its first all-civilian crew (without Musk) into orbit in September, after having already launched numerous cargo payloads and astronauts to the International Space Station for NASA.</p>\n<p>The launch of Virgin Galactic's VSS Unity rocket plane on Sunday will mark the company's 22nd test flight of its SpaceShipTwo system, and its fourth crewed mission beyond Earth's atmosphere. But it will be the first to carry a full compliment of space travelers - two pilots and four \"mission specialists,\" Branson among them.</p>\n<p>Weather permitting, the gleaming white spaceplane will take off at around 0900 ET (1300 GMT) on Sunday attached to the underside of the twin-fuselage carrier jet VMS Eve - named for Branson's mother - from Spaceport America near the aptly named New Mexico town of Truth or Consequences. Virgin Galactic occupies a large section of that facility, about 75 miles (120 km) north of Las Cruces.</p>\n<p>Separating from the carrier jet at an altitude of 50,000 feet, Unity's pilots will ignite its rocket engine to send the spaceplane streaking in a near-vertical climb to the blackness of space some 55 miles high, where the crew will experience about 4 minutes of microgravity.</p>\n<p>The vehicle's engine will then be shut down, and the craft will be shifted into re-entry mode and make a gliding descent to a runway at the spaceport. The entire flight, from takeoff to landing, should take about 90 minutes.</p>\n<p>Branson's official role is to \"evaluate the private astronaut experience,\" and his observations will be used to \"enhance the journey for all future astronaut customers,\" according to Virgin's press materials.</p>\n<p>The spaceplane's two pilots, Dave Mackay and Michael Masucci, will control the ignition and shutoff of the ship's rocket engine, and activate the vehicle's \"feathered\" tail maneuver for re-entry.</p>\n<p>The three other mission specialists are Beth Moses, the company's chief astronaut instructor; Virgin Galactic's lead operations engineer Colin Bennett; and Sirisha Bandla, a research operations and government affairs vice president.</p>\n<p>Assuming the mission goes well, Virgin has plans for two further test flights of the spaceplane before beginning commercial service in 2022.</p>\n<p>(Reporting by Steve Gorman; Editing by Daniel Wallis)</p>\n<p>((steve.gorman@thomsonreuters.com; 310-491-7256; Reuters Messaging: steve.gorman.thomsonreuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"çť´çéść˛ł"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150025553","content_text":"By Steve Gorman\nLAS CRUCES, N.M., July 11 (Reuters) - British billionaire Richard Branson was due on Sunday to climb into his Virgin Galactic passenger rocket plane and soar more than 50 miles above the New Mexico desert in the vehicle's first fully crewed test flight to the edge of space.\nBranson, one of six Virgin Galactic Holding Inc employees strapping in for the ride, has touted the flight as a precursor to a new era of space tourism, with the company he founded poised to begin commercial operations next year.\nA discount travel service it is not. But demand is apparently strong, with several hundred wealthy would-be citizen astronauts already having booked reservations, priced at around $250,000 per ticket.\nThe Swiss-based investment bank UBS has estimated the potential value of the space tourism market reaching $3 billion annually by 2030.\nProving rocket travel safe for the general public is key, given the inherent dangers of spaceflight.\nAn earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.\nBranson's participation in Sunday's flight, announced just over a week ago, is in keeping with his persona as the daredevil executive whose Virgin brands - from airlines to music companies - have long been associated with ocean-crossing exploits in sailboats and hot-air balloons.\nHis ride-along also upstages rival astro-tourism venture Blue Origin and its founder, Amazon mogul Jeff Bezos, in what has been popularized as the \"billionaire space race.\" Bezos has been planning to fly aboard his own suborbital rocketship, the New Shepard, later this month.\nBranson, a week away from his 71st birthday, has insisted he and Bezos are friendly rivals and not engaged in a personal contest to beat one another into space.\nA third player, fellow billionaire proprietor Elon Musk's SpaceX, plans to send its first all-civilian crew (without Musk) into orbit in September, after having already launched numerous cargo payloads and astronauts to the International Space Station for NASA.\nThe launch of Virgin Galactic's VSS Unity rocket plane on Sunday will mark the company's 22nd test flight of its SpaceShipTwo system, and its fourth crewed mission beyond Earth's atmosphere. But it will be the first to carry a full compliment of space travelers - two pilots and four \"mission specialists,\" Branson among them.\nWeather permitting, the gleaming white spaceplane will take off at around 0900 ET (1300 GMT) on Sunday attached to the underside of the twin-fuselage carrier jet VMS Eve - named for Branson's mother - from Spaceport America near the aptly named New Mexico town of Truth or Consequences. Virgin Galactic occupies a large section of that facility, about 75 miles (120 km) north of Las Cruces.\nSeparating from the carrier jet at an altitude of 50,000 feet, Unity's pilots will ignite its rocket engine to send the spaceplane streaking in a near-vertical climb to the blackness of space some 55 miles high, where the crew will experience about 4 minutes of microgravity.\nThe vehicle's engine will then be shut down, and the craft will be shifted into re-entry mode and make a gliding descent to a runway at the spaceport. The entire flight, from takeoff to landing, should take about 90 minutes.\nBranson's official role is to \"evaluate the private astronaut experience,\" and his observations will be used to \"enhance the journey for all future astronaut customers,\" according to Virgin's press materials.\nThe spaceplane's two pilots, Dave Mackay and Michael Masucci, will control the ignition and shutoff of the ship's rocket engine, and activate the vehicle's \"feathered\" tail maneuver for re-entry.\nThe three other mission specialists are Beth Moses, the company's chief astronaut instructor; Virgin Galactic's lead operations engineer Colin Bennett; and Sirisha Bandla, a research operations and government affairs vice president.\nAssuming the mission goes well, Virgin has plans for two further test flights of the spaceplane before beginning commercial service in 2022.\n(Reporting by Steve Gorman; Editing by Daniel Wallis)\n((steve.gorman@thomsonreuters.com; 310-491-7256; Reuters Messaging: steve.gorman.thomsonreuters.com@reuters.net))","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":2950,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157423222,"gmtCreate":1625611740066,"gmtModify":1703744730756,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Amazon awesome ","listText":"Amazon awesome ","text":"Amazon awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157423222","repostId":"1129630404","repostType":4,"isVote":1,"tweetType":1,"viewCount":3099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155766333,"gmtCreate":1625454488922,"gmtModify":1703742029492,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Buy buy , this is the time to buy","listText":"Buy buy , this is the time to buy","text":"Buy buy , this is the time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/155766333","repostId":"1166658180","repostType":4,"repost":{"id":"1166658180","kind":"news","pubTimestamp":1625454170,"share":"https://ttm.financial/m/news/1166658180?lang=&edition=fundamental","pubTime":"2021-07-05 11:02","market":"us","language":"en","title":"Berkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position","url":"https://stock-news.laohu8.com/highlight/detail?id=1166658180","media":"seeking alpha","summary":"Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's in","content":"<p>Summary</p>\n<ul>\n <li>Investment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.</li>\n <li>The Warren Buffett fan club blindly follow the Sage of Omaha and have not been well rewarded in relation to their personal investments in Kraft Heinz.</li>\n <li>The truth is that neither group understands the Kraft Heinz investment made by Buffett. It makes sense for him in a way that would not work for you and me.</li>\n <li>I shall explain all and hopefully allow you to understand the Kraft Heinz investment.</li>\n <li>I also provide an appraisal of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a> today being at least 20% underpriced and a great value investment.</li>\n</ul>\n<p>Introduction</p>\n<p>Warren Buffett is an undeniable investing genius. His results speak for themselves. However, blindly following Buffett - as many investors do - is foolish as I shall explain.</p>\n<p>There exists an army of investors who closely watch the legendary investor's every move. If he buys something then the \"<i>Warren Buffett fan club\"</i>follows suit and they buy into the same company. I guess this is simply human nature. If someone appears to have the Midas touch then everyone wants a piece of the gold that he is creating.</p>\n<p>Certain investing websites allow investors to track Buffett and to blindly follow suit. Kraft Heinz (KHC) is a perfect example of why this kind of behaviour is ill advised.</p>\n<p>Many investment commentators question Buffett's investment in Kraft Heinz. The company certainly hasn't performed as well as other Buffett investments such as <a href=\"https://laohu8.com/S/AAPL\">Apple</a> (AAPL), <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>(NYSE:KO)or <a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a> (WFC). But this does not make it a bad investment.</p>\n<p>These commentators, together with the Warren Buffett fan club who blindly follow their icon, fail to understand why Buffett invested in Kraft Heinz. So I shall attempt to break it down in this short article.</p>\n<p>What Works For Buffett Will Not Work For You</p>\n<p>Most of Berkshireâs (BRK.A) investments in stocks are held by its insurance companies. Buffett has always utilized the float from his insurance businesses to invest wisely and to enhance his returns. Very smart, but I guess that you cannot follow suit because you may not own any insurance companies.</p>\n<p>The remainder of its stock portfolio is held within the finance, rail and utilities, and at the holding company level of the <a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> group.</p>\n<p>Dividends of stocks at the insurers are 8.4% (40% of the 21% federal rate).Dividends on stocks held by the other subsidiaries and the holding company are taxed at 6.2% (30% of the 21% federal rate).</p>\n<p>So, let us focus on Kraft Heinz -Berkshire owns approximately 26.7% of that company.</p>\n<p>Buffett's Kraft Heinz shares are held by the parent company and because Berkshire owns more than 20% of the business, but less than 50%, it is deemed to be in 'a position of control' and so must account for its investmentusing the âequity methodâ of accounting.</p>\n<p>From a tax standpoint, dividends are taxed by the holding company at 4.2%, which is an 80% discount from the 21% corporate tax rate.</p>\n<p>Now consider that Kraft Heinz is a mature business which is stable but beyond the rapid growth phase of yesteryear. It does, however, generate nice levels of cash with its collection of well known consumer brands. So, without any significant opportunity to grow, decisions on allocation of the capital being generated by the business are relatively straight forward - return capital to shareholders by way of dividend!</p>\n<p>It is for this reason that it has a payout ratio of circa 75% and it pays almost a 4% yield. And so it suits Berkshire Hathaway that this cash cow is paying out 75% of its profits as dividends.</p>\n<p>Berkshire benefits greatly by earning profits as dividends because of the low taxes that it pays on dividends - something that does not apply to you or the<i>Warren Buffett fan club</i>who blindly follow the guru.</p>\n<p>For this <a href=\"https://laohu8.com/S/AONE\">one</a> holding in Berkshire's vast portfolio the dividend from a stable cash cow is what Buffett is looking for. And since Berkshire is in a âposition of control,â I expect Buffett is driving the payout ratio as high as possible.</p>\n<p>I expect that <a href=\"https://laohu8.com/S/AONE.U\">one</a> day Buffett will exit the Kraft Heinz position. Perhaps Berkshire will take a brand and some cash and avoid a realized taxable cash gain. Buffett is the master of mitigating tax liabilities. However, the kind of tax avoidance mechanism available to Buffett are not available to you and me which is why blindly following buffet is foolish.</p>\n<p>By way of example, just look at how Buffett acquired <a href=\"https://laohu8.com/S/BGC\">General</a> Re-Insurance.</p>\n<p>For those not familiar with what happened, allow me to explain. In 1998 the entire stock market was overpriced and Berkshire was trading at more than 3x book. Buffett believed that Berkshire and its shares were worth approximately half of that price. So, how does Buffett play this situation?</p>\n<p>He used $22 billion worth of his overpriced stock as currency to acquire General Re. Buffett effectively acquired the investment portfolio of General Re, which he valued at $25 billion. And because he thought his stock was being priced by the market at twice its intrinsic value, he effectively paid the equivalent of $11 billion of value for $25 billion of assets! Genius!</p>\n<p>The Gen Re portfolio was 90% fixed income products which allowed Buffett to switch from a heavy concentration of over-priced equity investments into much better valued bonds. Best of all, because he used Berkshire shares as currency for the deal rather than cash he managed to reduce his portfolio exposure to an overpriced equity market by approximately half without paying a cent of capital gains tax, then at 35%. Even more of a genius!</p>\n<p>I cover this kind of thing in my book \"Success in the Stock Market\" if any of you is interested in learning more.</p>\n<p>So, returning to the topic of this article, what works for Buffett will not work for you.</p>\n<p>Accounting for positions using the equity method requires that Berkshireâs pro-rata portion of Kraft Heinzâs reported income be included in Berkshireâs income and serves to increase Berkshireâs cost basis by the amount of the pro-rata profit. Dividends received are an offset, effectively a return of capital, and reduce Berkshireâs cost basis by the amount of the dividend. The combination increases the cost basis by the amount of undistributed earnings. Cash taxes are paid by Berkshire only on the amount received as dividends. The undistributed earnings (retained by Kraft Heinz) are included in a deferred tax liability and are payable when Berkshire receives a cash distribution or when it sells the position. The deferred tax liability is created using Berkshireâs corporate tax rate of 21%. Berkshire applies a Dividend Received Deduction âDRDâ on the dividends it receives as it expects undistributed earnings to ultimately be distributed. Itâs this assumption by Berkshire that allows it to offset its 21% tax rate with an 80% deduction. Thus dividends from Kraft Heinz are now taxed at 4.2% and the deferred tax liability building for retained earnings by Kraft Heinz is established using a 21% tax rate.</p>\n<p>Now consider the situation for you and me if Kraft Heinz was in our own private portfolio. With little or no capital growth prospects all we have is the dividend income. That is paid out of Kraft Heinz's net earnings (so after it has paid corporate tax) and when we receive the dividend we are subject to income tax (double taxation!)</p>\n<p>While Buffett enjoys greater tax efficiency, we suffer great tax inefficiency. This is why following everything the Sage of Omaha does is foolish. This, in my humble opinion, includes investing personally in Kraft Heinz.</p>\n<p>Kraft Heinz is a mediocre business with little prospect for growth and some of its brands are in fact in decline.I wouldn't buy it. I wouldn't recommend you to buy it either. But for Buffett it does make a great deal of sense (commentators/journalists in the investing community take note!).</p>\n<p>If you want to derive the financial benefits that Buffett is able to extract from his investment in Kraft Heinz and other holdings in his portfolio then my advice to you is to invest in Berkshire Hathaway rather than investing in the companies that Berkshire Hathaway invests in.</p>\n<p>Berkshire Hathaway - Underpriced By At Least 20%</p>\n<p>I believe Berkshire Hathaway to be vastly underpriced today as I shall go on to explain.</p>\n<p><img src=\"https://static.tigerbbs.com/bd35aaa75c637e9b1f67c110081a4d0e\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\">Data byYCharts</p>\n<p>Valuing Berkshire Hathaway is a complex affair due to the fact that it requires analysis on a sum of parts basis. I could write a small book on a single valuation and so it is well outside the scope of this article.</p>\n<p>However, there are some quick and dirty valuation techniques that one may deploy to provide a good indication of value. They invariably require a little Sherlock Holmes sleuth work of reading between the lines to find valuable valuation clues. Allow me to explain one of them.</p>\n<p>Buffett is still buying back Berkshire Stock at an unprecedented rate. This is a first major clue.</p>\n<ul>\n <li>Buffett bought back about $9bn of stock in H2 2020 and buybacks continue at pace.</li>\n <li>There were approximately $6.6 billion worth of buybacks during Q1 2021.</li>\n <li>Buybacks in the second quarter of 2021 may be calculated as follows. The April 22ndForm 10-Q filing reveals the amount spent on buybacks between March 31st(end of Q1) and April 22nd.So this is known to be $1.4 billion. On June 21stBerkshireâs13D filing(associated with its regular contribution of Berkshire shares to the Gates Foundation - $4.1bn USD on this occasion) allows us to calculate buybacks that occurred between April 22ndand June 21st. We do this by taking the statement of Buffettâs economic interest of 15.8% to calculate the number of shares outstanding at June 21st. This indicates that Berkshire had 2.265 billion class B share equivalent outstanding on June 21 (with class A stock converted to class B). This is down about 23 million since March 31 and 18 million lower that the April 22 figure. The implication being that over $5bn of stock was repurchased in <a href=\"https://laohu8.com/S/QTWO\">Q2</a> 2021. But June 21stis not the end of Q2, so if we extrapolate the data to the end of the quarter we arrive at approximately $7bn of repurchases in Q2.</li>\n</ul>\n<p>So in the last 12 months Buffett has spent a not insignificant $22.6bn buying back Berkshire stock.</p>\n<p>What does this tell us?</p>\n<p><a href=\"https://laohu8.com/S/FBNC\">First</a>, letâs take a step back and consider what we know about Buffett's threshold for buying back stock.</p>\n<p>Share buy-backs are among the most misunderstood and also the most abused aspects of modern capitalism. This is a huge topic and I devote an entire chapter of my book to it for anyone interested. However, for the purpose of this article know this. When executed above true book value (most of the time) buybacks will erode shareholder equity.</p>\n<p>This is not particularly well understood by shareholders or C-Suite executives. Accordingly I shall use this opportunity to explain how this works in practice with a simple analogy.</p>\n<p>Imagine owning a $1m house equally with your partner. Personally you also have $750,000 cash in the bank, so the total value of your personal assets is half of the house ($500,000) plus $750,000 cash. A total of $1.25m.</p>\n<p>You offer to buy your partnerâs share in the house which has a book value of $500,000 (half of $1m).</p>\n<p>You ought to be happy paying anything up to $500,000 (a multiple to book that is less than or equal to 1) but you should not be prepared to pay more than that number. Buying at a premium (where the PB multiple is greater than 1) erodes the total value of your assets by the amount of the premium paid. If you donât believe me, allow me to demonstrate the fact.</p>\n<p>If you pay $600,000 for your partner's share of the house (a multiple of 1.2x book) what do your assets look like after the deal? You now have a $1m house and a balance of $150,000 cash in the bank. Now your total asset value has shrunk from $1.25m to $1.15m. You have eroded your personal wealth by $100,000 which is the amount by which you overpaid for the share of the house.</p>\n<p>The same is true when repurchasing company stock above book â it destroys shareholder value in exactly the same way.</p>\n<p>The opposite is also true - so repurchasing below book is accretive to shareholder value.</p>\n<p>While a repurchase operation will always be presented as a means of returning value to the shareholders, the ugly truth is that buy-backs more often than not destroy shareholder value.</p>\n<p>Buffett understands this very well. Judging by the number of companies that repurchase their own stock at huge premiums to book I can confidently say that Buffett is one of the few CEOs who does understand it.</p>\n<p>The quick witted readers will now be asking, âWhy then has Buffett been paying 1.1x book and then 1.2x book for stock repurchases?â</p>\n<p>Great question!</p>\n<p>The answer is simple and it brings us back to our Sherlock Holmes conclusions on the valuation of Berkshire Hathaway.</p>\n<p>Many of the assets bought by Buffett over the years are recorded on the Berkshire Hathaway balance sheet at cost rather than at their true market value. Said differently, the value of Berkshire's assets is vastly understated in its annual and quarterly reports. This means that when Buffett says that he will repurchase at 1.2x book, what he is actually saying is that the book value understates the true value of the business and that every 83 cents on the balance sheet is really worth $1 in the real world. This means that 1.2x of reported book value is equivalent to no more than 1.0x real book value.</p>\n<p>Now I hope that you can see where I am going with my detective work.</p>\n<p>Buffett is way too sharp to destroy shareholder equity by overpaying for Berkshire Stock, not least because he is Berkshire's largest shareholder! Buffett will only be interested in allocating capital in such a way that is accretive to shareholder value, namely at a multiple of book less than 1.0x.</p>\n<p>Now consider that no-one, other than perhaps Charlie Munger, knows the true value of Berkshire Hathaway better than Buffett. So, reading between the lines, Buffett is telling us that the true value of the business is at least 20% higher than the share price implies, we ought to capitalize on that information!</p>\n<p>It is also worthy of note that as the number of shares decreases due to buybacks, the price per share representing a true 1.0x book value also increases. Appreciation in the underlying value of balance sheet assets also pushes the threshold price higher. This explains why Buffett is constantly re-assessing the price at which he is prepared to buy back his own stock.</p>\n<p>I hope that this was helpful.</p>\n<p>I devote an entire chapter of my book \"Success in the Stock Market\" to the topic of buybacks and so I have only scratched the surface in this comment. If you are interested in learning more please take a look at the book.</p>\n<p>By the way, I am long Berkshire Hathaway. I believe it to be vastly undervalued currently and my more detailed analysis suggests that it is trading at between 69c and 77c on the $1. For this reason I think that Buffett will continue to repurchase for quite some time to come.</p>\n<p>I wish you every success in your investing endeavours.</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>Berkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position</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\">\nBerkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 11:02 GMT+8 <a href=https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.\nThe Warren Buffett fan club blindly follow the Sage of Omaha and have not ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KHC":"ĺĄĺ¤Ťäş¨ć°","BRK.A":"䟯ĺ ĺ¸ĺ°","BRK.B":"䟯ĺ ĺ¸ĺ°B"},"source_url":"https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166658180","content_text":"Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.\nThe Warren Buffett fan club blindly follow the Sage of Omaha and have not been well rewarded in relation to their personal investments in Kraft Heinz.\nThe truth is that neither group understands the Kraft Heinz investment made by Buffett. It makes sense for him in a way that would not work for you and me.\nI shall explain all and hopefully allow you to understand the Kraft Heinz investment.\nI also provide an appraisal of Berkshire Hathaway today being at least 20% underpriced and a great value investment.\n\nIntroduction\nWarren Buffett is an undeniable investing genius. His results speak for themselves. However, blindly following Buffett - as many investors do - is foolish as I shall explain.\nThere exists an army of investors who closely watch the legendary investor's every move. If he buys something then the \"Warren Buffett fan club\"follows suit and they buy into the same company. I guess this is simply human nature. If someone appears to have the Midas touch then everyone wants a piece of the gold that he is creating.\nCertain investing websites allow investors to track Buffett and to blindly follow suit. Kraft Heinz (KHC) is a perfect example of why this kind of behaviour is ill advised.\nMany investment commentators question Buffett's investment in Kraft Heinz. The company certainly hasn't performed as well as other Buffett investments such as Apple (AAPL), Coca-Cola(NYSE:KO)or Wells Fargo (WFC). But this does not make it a bad investment.\nThese commentators, together with the Warren Buffett fan club who blindly follow their icon, fail to understand why Buffett invested in Kraft Heinz. So I shall attempt to break it down in this short article.\nWhat Works For Buffett Will Not Work For You\nMost of Berkshireâs (BRK.A) investments in stocks are held by its insurance companies. Buffett has always utilized the float from his insurance businesses to invest wisely and to enhance his returns. Very smart, but I guess that you cannot follow suit because you may not own any insurance companies.\nThe remainder of its stock portfolio is held within the finance, rail and utilities, and at the holding company level of the Berkshire Hathaway group.\nDividends of stocks at the insurers are 8.4% (40% of the 21% federal rate).Dividends on stocks held by the other subsidiaries and the holding company are taxed at 6.2% (30% of the 21% federal rate).\nSo, let us focus on Kraft Heinz -Berkshire owns approximately 26.7% of that company.\nBuffett's Kraft Heinz shares are held by the parent company and because Berkshire owns more than 20% of the business, but less than 50%, it is deemed to be in 'a position of control' and so must account for its investmentusing the âequity methodâ of accounting.\nFrom a tax standpoint, dividends are taxed by the holding company at 4.2%, which is an 80% discount from the 21% corporate tax rate.\nNow consider that Kraft Heinz is a mature business which is stable but beyond the rapid growth phase of yesteryear. It does, however, generate nice levels of cash with its collection of well known consumer brands. So, without any significant opportunity to grow, decisions on allocation of the capital being generated by the business are relatively straight forward - return capital to shareholders by way of dividend!\nIt is for this reason that it has a payout ratio of circa 75% and it pays almost a 4% yield. And so it suits Berkshire Hathaway that this cash cow is paying out 75% of its profits as dividends.\nBerkshire benefits greatly by earning profits as dividends because of the low taxes that it pays on dividends - something that does not apply to you or theWarren Buffett fan clubwho blindly follow the guru.\nFor this one holding in Berkshire's vast portfolio the dividend from a stable cash cow is what Buffett is looking for. And since Berkshire is in a âposition of control,â I expect Buffett is driving the payout ratio as high as possible.\nI expect that one day Buffett will exit the Kraft Heinz position. Perhaps Berkshire will take a brand and some cash and avoid a realized taxable cash gain. Buffett is the master of mitigating tax liabilities. However, the kind of tax avoidance mechanism available to Buffett are not available to you and me which is why blindly following buffet is foolish.\nBy way of example, just look at how Buffett acquired General Re-Insurance.\nFor those not familiar with what happened, allow me to explain. In 1998 the entire stock market was overpriced and Berkshire was trading at more than 3x book. Buffett believed that Berkshire and its shares were worth approximately half of that price. So, how does Buffett play this situation?\nHe used $22 billion worth of his overpriced stock as currency to acquire General Re. Buffett effectively acquired the investment portfolio of General Re, which he valued at $25 billion. And because he thought his stock was being priced by the market at twice its intrinsic value, he effectively paid the equivalent of $11 billion of value for $25 billion of assets! Genius!\nThe Gen Re portfolio was 90% fixed income products which allowed Buffett to switch from a heavy concentration of over-priced equity investments into much better valued bonds. Best of all, because he used Berkshire shares as currency for the deal rather than cash he managed to reduce his portfolio exposure to an overpriced equity market by approximately half without paying a cent of capital gains tax, then at 35%. Even more of a genius!\nI cover this kind of thing in my book \"Success in the Stock Market\" if any of you is interested in learning more.\nSo, returning to the topic of this article, what works for Buffett will not work for you.\nAccounting for positions using the equity method requires that Berkshireâs pro-rata portion of Kraft Heinzâs reported income be included in Berkshireâs income and serves to increase Berkshireâs cost basis by the amount of the pro-rata profit. Dividends received are an offset, effectively a return of capital, and reduce Berkshireâs cost basis by the amount of the dividend. The combination increases the cost basis by the amount of undistributed earnings. Cash taxes are paid by Berkshire only on the amount received as dividends. The undistributed earnings (retained by Kraft Heinz) are included in a deferred tax liability and are payable when Berkshire receives a cash distribution or when it sells the position. The deferred tax liability is created using Berkshireâs corporate tax rate of 21%. Berkshire applies a Dividend Received Deduction âDRDâ on the dividends it receives as it expects undistributed earnings to ultimately be distributed. Itâs this assumption by Berkshire that allows it to offset its 21% tax rate with an 80% deduction. Thus dividends from Kraft Heinz are now taxed at 4.2% and the deferred tax liability building for retained earnings by Kraft Heinz is established using a 21% tax rate.\nNow consider the situation for you and me if Kraft Heinz was in our own private portfolio. With little or no capital growth prospects all we have is the dividend income. That is paid out of Kraft Heinz's net earnings (so after it has paid corporate tax) and when we receive the dividend we are subject to income tax (double taxation!)\nWhile Buffett enjoys greater tax efficiency, we suffer great tax inefficiency. This is why following everything the Sage of Omaha does is foolish. This, in my humble opinion, includes investing personally in Kraft Heinz.\nKraft Heinz is a mediocre business with little prospect for growth and some of its brands are in fact in decline.I wouldn't buy it. I wouldn't recommend you to buy it either. But for Buffett it does make a great deal of sense (commentators/journalists in the investing community take note!).\nIf you want to derive the financial benefits that Buffett is able to extract from his investment in Kraft Heinz and other holdings in his portfolio then my advice to you is to invest in Berkshire Hathaway rather than investing in the companies that Berkshire Hathaway invests in.\nBerkshire Hathaway - Underpriced By At Least 20%\nI believe Berkshire Hathaway to be vastly underpriced today as I shall go on to explain.\nData byYCharts\nValuing Berkshire Hathaway is a complex affair due to the fact that it requires analysis on a sum of parts basis. I could write a small book on a single valuation and so it is well outside the scope of this article.\nHowever, there are some quick and dirty valuation techniques that one may deploy to provide a good indication of value. They invariably require a little Sherlock Holmes sleuth work of reading between the lines to find valuable valuation clues. Allow me to explain one of them.\nBuffett is still buying back Berkshire Stock at an unprecedented rate. This is a first major clue.\n\nBuffett bought back about $9bn of stock in H2 2020 and buybacks continue at pace.\nThere were approximately $6.6 billion worth of buybacks during Q1 2021.\nBuybacks in the second quarter of 2021 may be calculated as follows. The April 22ndForm 10-Q filing reveals the amount spent on buybacks between March 31st(end of Q1) and April 22nd.So this is known to be $1.4 billion. On June 21stBerkshireâs13D filing(associated with its regular contribution of Berkshire shares to the Gates Foundation - $4.1bn USD on this occasion) allows us to calculate buybacks that occurred between April 22ndand June 21st. We do this by taking the statement of Buffettâs economic interest of 15.8% to calculate the number of shares outstanding at June 21st. This indicates that Berkshire had 2.265 billion class B share equivalent outstanding on June 21 (with class A stock converted to class B). This is down about 23 million since March 31 and 18 million lower that the April 22 figure. The implication being that over $5bn of stock was repurchased in Q2 2021. But June 21stis not the end of Q2, so if we extrapolate the data to the end of the quarter we arrive at approximately $7bn of repurchases in Q2.\n\nSo in the last 12 months Buffett has spent a not insignificant $22.6bn buying back Berkshire stock.\nWhat does this tell us?\nFirst, letâs take a step back and consider what we know about Buffett's threshold for buying back stock.\nShare buy-backs are among the most misunderstood and also the most abused aspects of modern capitalism. This is a huge topic and I devote an entire chapter of my book to it for anyone interested. However, for the purpose of this article know this. When executed above true book value (most of the time) buybacks will erode shareholder equity.\nThis is not particularly well understood by shareholders or C-Suite executives. Accordingly I shall use this opportunity to explain how this works in practice with a simple analogy.\nImagine owning a $1m house equally with your partner. Personally you also have $750,000 cash in the bank, so the total value of your personal assets is half of the house ($500,000) plus $750,000 cash. A total of $1.25m.\nYou offer to buy your partnerâs share in the house which has a book value of $500,000 (half of $1m).\nYou ought to be happy paying anything up to $500,000 (a multiple to book that is less than or equal to 1) but you should not be prepared to pay more than that number. Buying at a premium (where the PB multiple is greater than 1) erodes the total value of your assets by the amount of the premium paid. If you donât believe me, allow me to demonstrate the fact.\nIf you pay $600,000 for your partner's share of the house (a multiple of 1.2x book) what do your assets look like after the deal? You now have a $1m house and a balance of $150,000 cash in the bank. Now your total asset value has shrunk from $1.25m to $1.15m. You have eroded your personal wealth by $100,000 which is the amount by which you overpaid for the share of the house.\nThe same is true when repurchasing company stock above book â it destroys shareholder value in exactly the same way.\nThe opposite is also true - so repurchasing below book is accretive to shareholder value.\nWhile a repurchase operation will always be presented as a means of returning value to the shareholders, the ugly truth is that buy-backs more often than not destroy shareholder value.\nBuffett understands this very well. Judging by the number of companies that repurchase their own stock at huge premiums to book I can confidently say that Buffett is one of the few CEOs who does understand it.\nThe quick witted readers will now be asking, âWhy then has Buffett been paying 1.1x book and then 1.2x book for stock repurchases?â\nGreat question!\nThe answer is simple and it brings us back to our Sherlock Holmes conclusions on the valuation of Berkshire Hathaway.\nMany of the assets bought by Buffett over the years are recorded on the Berkshire Hathaway balance sheet at cost rather than at their true market value. Said differently, the value of Berkshire's assets is vastly understated in its annual and quarterly reports. This means that when Buffett says that he will repurchase at 1.2x book, what he is actually saying is that the book value understates the true value of the business and that every 83 cents on the balance sheet is really worth $1 in the real world. This means that 1.2x of reported book value is equivalent to no more than 1.0x real book value.\nNow I hope that you can see where I am going with my detective work.\nBuffett is way too sharp to destroy shareholder equity by overpaying for Berkshire Stock, not least because he is Berkshire's largest shareholder! Buffett will only be interested in allocating capital in such a way that is accretive to shareholder value, namely at a multiple of book less than 1.0x.\nNow consider that no-one, other than perhaps Charlie Munger, knows the true value of Berkshire Hathaway better than Buffett. So, reading between the lines, Buffett is telling us that the true value of the business is at least 20% higher than the share price implies, we ought to capitalize on that information!\nIt is also worthy of note that as the number of shares decreases due to buybacks, the price per share representing a true 1.0x book value also increases. Appreciation in the underlying value of balance sheet assets also pushes the threshold price higher. This explains why Buffett is constantly re-assessing the price at which he is prepared to buy back his own stock.\nI hope that this was helpful.\nI devote an entire chapter of my book \"Success in the Stock Market\" to the topic of buybacks and so I have only scratched the surface in this comment. If you are interested in learning more please take a look at the book.\nBy the way, I am long Berkshire Hathaway. I believe it to be vastly undervalued currently and my more detailed analysis suggests that it is trading at between 69c and 77c on the $1. For this reason I think that Buffett will continue to repurchase for quite some time to come.\nI wish you every success in your investing endeavours.","news_type":1,"symbols_score_info":{"BRK.B":0.9,"KHC":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":913,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156095780,"gmtCreate":1625185082840,"gmtModify":1703737810535,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Bitcoin can consider as a live lucky draw. Nobody can predict itâs future but the signs of volume shows positive influence to us.","listText":"Bitcoin can consider as a live lucky draw. Nobody can predict itâs future but the signs of volume shows positive influence to us.","text":"Bitcoin can consider as a live lucky draw. Nobody can predict itâs future but the signs of volume shows positive influence to us.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156095780","repostId":"2148824712","repostType":4,"repost":{"id":"2148824712","kind":"highlight","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":1625182772,"share":"https://ttm.financial/m/news/2148824712?lang=&edition=fundamental","pubTime":"2021-07-02 07:39","market":"fut","language":"en","title":"Bitcoin drops over 5% to $33,226.36","url":"https://stock-news.laohu8.com/highlight/detail?id=2148824712","media":"Reuters","summary":"July 1 (Reuters) - Bitcoin dropped 5.17% to $33,226.36 on Thursday, losing $1,810.87 from its previo","content":"<p>July 1 (Reuters) - Bitcoin dropped 5.17% to $33,226.36 on Thursday, losing $1,810.87 from its previous close.</p>\n<p>The world's biggest and best-known cryptocurrency is down 48.8% from the year's high of $64,895.22 hit on April 14.</p>\n<p>Ether , the coin linked to the ethereum blockchain network, dropped 7.28% to $2,110.53 on Thursday, losing $165.81 from its previous close.</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>Bitcoin drops over 5% to $33,226.36</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin drops over 5% to $33,226.36\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\">2021-07-02 07:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 1 (Reuters) - Bitcoin dropped 5.17% to $33,226.36 on Thursday, losing $1,810.87 from its previous close.</p>\n<p>The world's biggest and best-known cryptocurrency is down 48.8% from the year's high of $64,895.22 hit on April 14.</p>\n<p>Ether , the coin linked to the ethereum blockchain network, dropped 7.28% to $2,110.53 on Thursday, losing $165.81 from its previous close.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"ćŻçšĺ¸ETF-Grayscale"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148824712","content_text":"July 1 (Reuters) - Bitcoin dropped 5.17% to $33,226.36 on Thursday, losing $1,810.87 from its previous close.\nThe world's biggest and best-known cryptocurrency is down 48.8% from the year's high of $64,895.22 hit on April 14.\nEther , the coin linked to the ethereum blockchain network, dropped 7.28% to $2,110.53 on Thursday, losing $165.81 from its previous close.","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":1093,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158854761,"gmtCreate":1625145961253,"gmtModify":1703737060533,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"It super worthy stock","listText":"It super worthy stock","text":"It super worthy stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/158854761","repostId":"1186720190","repostType":2,"isVote":1,"tweetType":1,"viewCount":816,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568604152273081","authorId":"3568604152273081","name":"InvKeJ","avatar":"https://static.tigerbbs.com/eb46c2d2a0ca796984a96209e201759d","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3568604152273081","idStr":"3568604152273081"},"content":"yeah. please help to like.","text":"yeah. please help to like.","html":"yeah. please help to like."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151124332,"gmtCreate":1625068576326,"gmtModify":1703735472195,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"16th July still far way, why should worry, it doesnât mean stocks price become worthless.It is valuable and worthy stocks","listText":"16th July still far way, why should worry, it doesnât mean stocks price become worthless.It is valuable and worthy stocks","text":"16th July still far way, why should worry, it doesnât mean stocks price become worthless.It is valuable and worthy stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151124332","repostId":"2145406847","repostType":2,"isVote":1,"tweetType":1,"viewCount":1106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151123906,"gmtCreate":1625068243005,"gmtModify":1703735463457,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Buy more @Can , it will max worthy ","listText":"Buy more @Can , it will max worthy ","text":"Buy more @Can , it will max worthy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151123906","repostId":"1150627164","repostType":2,"repost":{"id":"1150627164","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624868064,"share":"https://ttm.financial/m/news/1150627164?lang=&edition=fundamental","pubTime":"2021-06-28 16:14","market":"us","language":"en","title":"Crypto stocks follow the rise of Bitcoin in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1150627164","media":"Tiger Newspress","summary":"Crypto stocks follow the rise of Bitcoin in premarket trading.Bitcoin stands at 35,000 USD per coin,","content":"<p>Crypto stocks follow the rise of Bitcoin in premarket trading.Bitcoin stands at 35,000 USD per coin, and the 24-hour increase has expanded to 4.5%.Marathon Digital,Riot Blockchain,Canaan and SOS Limited climbed between 1.8% and 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/9ab3bbe56afc970a135e8f5987009042\" tg-width=\"355\" tg-height=\"305\" referrerpolicy=\"no-referrer\"></p>\n<p>The broad crypto space also gained, with themarket capof the ecosystem up about 8% to $1.43 trillion, according to CoinGecko pricing.</p>\n<p>âWeâre seeing the $30,000 level on Bitcoin being defended quite well with a number of tests at that level over the past month,â said Vijay Ayyar, head of Asia-Pacific at crypto exchange Luno Pte. âWe saw a lot of downward pressure on prices being defended, so this looks quite bullish at this point.â</p>\n<p>Bitcoin has halved in recent weeks amid concern on its environmental impact and as regulators globally -- notably in China -- crack down on the industry. The digital currency had reached a record near $65,000 in mid-April amid advocacy from the likes of Tesla Inc.âs Elon Musk before he too criticized its green credentials.</p>\n<p>Meanwhile, in the U.K., Binance Markets Ltd. wasbannedby the financial watchdog from doing any regulated business in the country, one of the most significant moves to date by a regulator amid a global crackdown in the crypto industry.</p>\n<p>For Lunoâs Ayyar it is too soon to give the all-clear.</p>\n<p>âOne more push down to $30,000 might not hold given the number of times weâve tested it and thereâs only so much liquidity there,â he said. âPost-$30,000 and we should probably see $24,000 to $25,000.â</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>Crypto stocks follow the rise of Bitcoin in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto stocks follow the rise of Bitcoin in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-28 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto stocks follow the rise of Bitcoin in premarket trading.Bitcoin stands at 35,000 USD per coin, and the 24-hour increase has expanded to 4.5%.Marathon Digital,Riot Blockchain,Canaan and SOS Limited climbed between 1.8% and 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/9ab3bbe56afc970a135e8f5987009042\" tg-width=\"355\" tg-height=\"305\" referrerpolicy=\"no-referrer\"></p>\n<p>The broad crypto space also gained, with themarket capof the ecosystem up about 8% to $1.43 trillion, according to CoinGecko pricing.</p>\n<p>âWeâre seeing the $30,000 level on Bitcoin being defended quite well with a number of tests at that level over the past month,â said Vijay Ayyar, head of Asia-Pacific at crypto exchange Luno Pte. âWe saw a lot of downward pressure on prices being defended, so this looks quite bullish at this point.â</p>\n<p>Bitcoin has halved in recent weeks amid concern on its environmental impact and as regulators globally -- notably in China -- crack down on the industry. The digital currency had reached a record near $65,000 in mid-April amid advocacy from the likes of Tesla Inc.âs Elon Musk before he too criticized its green credentials.</p>\n<p>Meanwhile, in the U.K., Binance Markets Ltd. wasbannedby the financial watchdog from doing any regulated business in the country, one of the most significant moves to date by a regulator amid a global crackdown in the crypto industry.</p>\n<p>For Lunoâs Ayyar it is too soon to give the all-clear.</p>\n<p>âOne more push down to $30,000 might not hold given the number of times weâve tested it and thereâs only so much liquidity there,â he said. âPost-$30,000 and we should probably see $24,000 to $25,000.â</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","CAN":"ĺćĽ ç§ć","SOS":"SOS Limited","MARA":"MARA Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150627164","content_text":"Crypto stocks follow the rise of Bitcoin in premarket trading.Bitcoin stands at 35,000 USD per coin, and the 24-hour increase has expanded to 4.5%.Marathon Digital,Riot Blockchain,Canaan and SOS Limited climbed between 1.8% and 6%.\n\nThe broad crypto space also gained, with themarket capof the ecosystem up about 8% to $1.43 trillion, according to CoinGecko pricing.\nâWeâre seeing the $30,000 level on Bitcoin being defended quite well with a number of tests at that level over the past month,â said Vijay Ayyar, head of Asia-Pacific at crypto exchange Luno Pte. âWe saw a lot of downward pressure on prices being defended, so this looks quite bullish at this point.â\nBitcoin has halved in recent weeks amid concern on its environmental impact and as regulators globally -- notably in China -- crack down on the industry. The digital currency had reached a record near $65,000 in mid-April amid advocacy from the likes of Tesla Inc.âs Elon Musk before he too criticized its green credentials.\nMeanwhile, in the U.K., Binance Markets Ltd. wasbannedby the financial watchdog from doing any regulated business in the country, one of the most significant moves to date by a regulator amid a global crackdown in the crypto industry.\nFor Lunoâs Ayyar it is too soon to give the all-clear.\nâOne more push down to $30,000 might not hold given the number of times weâve tested it and thereâs only so much liquidity there,â he said. âPost-$30,000 and we should probably see $24,000 to $25,000.â","news_type":1,"symbols_score_info":{"RIOT":0.9,"SQ":0.9,"SOS":0.9,"MARA":0.9,"CAN":0.9}},"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151167979,"gmtCreate":1625068112491,"gmtModify":1703735458858,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Fly people and stocks also flying?","listText":"Fly people and stocks also flying?","text":"Fly people and stocks also flying?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151167979","repostId":"2146076005","repostType":2,"repost":{"id":"2146076005","kind":"highlight","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":1624619921,"share":"https://ttm.financial/m/news/2146076005?lang=&edition=fundamental","pubTime":"2021-06-25 19:18","market":"us","language":"en","title":"Branson's Virgin Galactic gets FAA approval to fly people to space","url":"https://stock-news.laohu8.com/highlight/detail?id=2146076005","media":"Reuters","summary":"June 25 (Reuters) - Billionaire Richard Branson's spaceship company Virgin Galactic Holdings Inc sai","content":"<p>June 25 (Reuters) - Billionaire Richard Branson's spaceship company <a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a> said on Friday it received an approval from the U.S. aviation safety regulator to fly people to space, following a successful test flight last month.</p>\n<p>Virgin Galactic completed its first manned space flight from its new home port in New Mexico in May, as its SpaceShipTwo craft, which can hold six passengers, glided to a landing on a runway safely with its two pilots.</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>Branson's Virgin Galactic gets FAA approval to fly people to space</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\">\nBranson's Virgin Galactic gets FAA approval to fly people to space\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 19:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 25 (Reuters) - Billionaire Richard Branson's spaceship company <a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a> said on Friday it received an approval from the U.S. aviation safety regulator to fly people to space, following a successful test flight last month.</p>\n<p>Virgin Galactic completed its first manned space flight from its new home port in New Mexico in May, as its SpaceShipTwo craft, which can hold six passengers, glided to a landing on a runway safely with its two pilots.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"çť´çéść˛ł"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146076005","content_text":"June 25 (Reuters) - Billionaire Richard Branson's spaceship company Virgin Galactic Holdings Inc said on Friday it received an approval from the U.S. aviation safety regulator to fly people to space, following a successful test flight last month.\nVirgin Galactic completed its first manned space flight from its new home port in New Mexico in May, as its SpaceShipTwo craft, which can hold six passengers, glided to a landing on a runway safely with its two pilots.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151183483,"gmtCreate":1625067530342,"gmtModify":1703735436046,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Spce great stock, it has great future","listText":"Spce great stock, it has great future","text":"Spce great stock, it has great future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151183483","repostId":"2147169298","repostType":2,"isVote":1,"tweetType":1,"viewCount":872,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151989943,"gmtCreate":1625061681482,"gmtModify":1703735147607,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Meme stocks will go like?","listText":"Meme stocks will go like?","text":"Meme stocks will go like?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151989943","repostId":"1126887543","repostType":4,"repost":{"id":"1126887543","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625061416,"share":"https://ttm.financial/m/news/1126887543?lang=&edition=fundamental","pubTime":"2021-06-30 21:56","market":"us","language":"en","title":"Meme stocks are mixed","url":"https://stock-news.laohu8.com/highlight/detail?id=1126887543","media":"Tiger Newspress","summary":"Marin Software tumbled 28% while Bed Bath & Beyond Popped 20%.","content":"<p>Marin Software tumbled 28% while Bed Bath & Beyond Popped 20%.</p>\n<p><img src=\"https://static.tigerbbs.com/d53cdd2f88bdcea19bb1b9a2a8aecca2\" tg-width=\"352\" tg-height=\"717\" referrerpolicy=\"no-referrer\"></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>Meme stocks are mixed</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\">\nMeme stocks are mixed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-30 21:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Marin Software tumbled 28% while Bed Bath & Beyond Popped 20%.</p>\n<p><img src=\"https://static.tigerbbs.com/d53cdd2f88bdcea19bb1b9a2a8aecca2\" tg-width=\"352\" tg-height=\"717\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"Bed Bath & Beyond, Inc.","AMC":"AMCé˘çşż","SOFI":"SoFi Technologies Inc.","CLOV":"Clover Health Corp","GME":"游ć銿çŤ"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126887543","content_text":"Marin Software tumbled 28% while Bed Bath & Beyond Popped 20%.","news_type":1,"symbols_score_info":{"GME":0.9,"MRIN":0.9,"BBBY":0.9,"AMC":0.9,"CLOV":0.9,"SOFI":0.9}},"isVote":1,"tweetType":1,"viewCount":1001,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159196029,"gmtCreate":1624946133361,"gmtModify":1703848584323,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ABEV\">$Ambev SA(ABEV)$</a>Buy buy","listText":"<a href=\"https://laohu8.com/S/ABEV\">$Ambev SA(ABEV)$</a>Buy buy","text":"$Ambev SA(ABEV)$Buy buy","images":[{"img":"https://static.tigerbbs.com/6657f3897f933efea60f5561cc850028","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159196029","isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150923343,"gmtCreate":1624883593882,"gmtModify":1703846937576,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Rockets ? ","listText":"Rockets ? ","text":"Rockets ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150923343","repostId":"1164912248","repostType":2,"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":171814073,"gmtCreate":1626736290292,"gmtModify":1703764044626,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Buyyy","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Buyyy","text":"$Tiger Brokers(TIGR)$Buyyy","images":[{"img":"https://static.tigerbbs.com/3775868c85654579f1d12abccecc6563","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/171814073","isVote":1,"tweetType":1,"viewCount":3150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":373940588,"gmtCreate":1618815825844,"gmtModify":1704715268634,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Today Tesla will fly like ?","listText":"Today Tesla will fly like ?","text":"Today Tesla will fly like ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/373940588","repostId":"1181121943","repostType":2,"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3551582423321711","authorId":"3551582423321711","name":"ćç","avatar":"https://static.tigerbbs.com/a8a520da98d1428a00c08d06802850be","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3551582423321711","idStr":"3551582423321711"},"content":"People are dead, no matter how useless the safety report is","text":"People are dead, no matter how useless the safety report is","html":"People are dead, no matter how useless the safety report is"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112782984,"gmtCreate":1622933347848,"gmtModify":1704193282780,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Comment please","listText":"Comment please","text":"Comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/112782984","repostId":"1106312903","repostType":4,"repost":{"id":"1106312903","kind":"news","pubTimestamp":1622855773,"share":"https://ttm.financial/m/news/1106312903?lang=&edition=fundamental","pubTime":"2021-06-05 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1106312903","media":"Renaissance Capital","summary":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental h","content":"<p><b>Summary</b></p>\n<ul>\n <li>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</li>\n <li>Payments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.</li>\n <li>Chinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.</li>\n</ul>\n<p>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</p>\n<p>Payments platform <b>Marqeta</b>(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.</p>\n<p>Chinese online recruitment platform <b>Kanzhun</b>(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.</p>\n<p>Mental health services provider <b>LifeStance Health</b>(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.</p>\n<p>Israelâs <b>monday.com</b>(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.</p>\n<p>BPO vendor <b>TaskUs</b>(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.</p>\n<p>Data-driven marketing platform <b>Zeta Global</b>(ZETA) plans to raise $250 million at a $2.1 billion market cap. The companyâs Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.</p>\n<p>Online luxury goods marketplace <b>1stDibs</b>(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.</p>\n<p>Chinese online tutoring platform <b>Zhangmen Education</b>(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/d771f02e44d9d489ff772f1577280332\" tg-width=\"945\" tg-height=\"666\"></p>\n<p>Street research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.</p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capitalâs International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 09:16 GMT+8 <a href=https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSSç´č",".DJI":"éçźćŻ","MQ":"Marqeta, Inc.","DIBS":"1stdibs.com Inc.","ZME":"ćé¨ćč˛","LFST":"LifeStance Health Group, Inc.",".IXIC":"NASDAQ Composite","TASK":"TaskUs Inc.","MNDY":"Monday.com Ltd.","ZETA":"Zeta Global Holdings Corp.",".SPX":"S&P 500 Index"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106312903","content_text":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.\nChinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.\nChinese online recruitment platform Kanzhun(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.\nMental health services provider LifeStance Health(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.\nIsraelâs monday.com(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.\nBPO vendor TaskUs(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.\nData-driven marketing platform Zeta Global(ZETA) plans to raise $250 million at a $2.1 billion market cap. The companyâs Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.\nOnline luxury goods marketplace 1stDibs(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.\nChinese online tutoring platform Zhangmen Education(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.\n\nStreet research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capitalâs International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.","news_type":1,"symbols_score_info":{"MQ":0.9,".DJI":0.9,"ZETA":0.9,".SPX":0.9,"BZ":0.9,"DIBS":0.9,"ZME":0.9,"LFST":0.9,"TASK":0.9,"MNDY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192202983,"gmtCreate":1621209746842,"gmtModify":1704353860477,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Equally great company as-like amazon, MSFT , Google & Apple, buy now , itâs below the intrinsic value. ","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Equally great company as-like amazon, MSFT , Google & Apple, buy now , itâs below the intrinsic value. ","text":"$Alibaba(BABA)$Equally great company as-like amazon, MSFT , Google & Apple, buy now , itâs below the intrinsic value.","images":[{"img":"https://static.tigerbbs.com/41732258dd44e82b65e7376a71a94f7e","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/192202983","isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158854761,"gmtCreate":1625145961253,"gmtModify":1703737060533,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"It super worthy stock","listText":"It super worthy stock","text":"It super worthy stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/158854761","repostId":"1186720190","repostType":2,"isVote":1,"tweetType":1,"viewCount":816,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568604152273081","authorId":"3568604152273081","name":"InvKeJ","avatar":"https://static.tigerbbs.com/eb46c2d2a0ca796984a96209e201759d","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3568604152273081","idStr":"3568604152273081"},"content":"yeah. please help to like.","text":"yeah. please help to like.","html":"yeah. please help to like."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104606399,"gmtCreate":1620380432411,"gmtModify":1704342835870,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"True, now time to go up","listText":"True, now time to go up","text":"True, now time to go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/104606399","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://ttm.financial/m/news/1157328258?lang=&edition=fundamental","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul><p>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p>#1 Price vs. Growth</p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p>#2 Comparative Valuation</p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p>#3 Discounted Cash Flow Model</p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p>Some explanations:</p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul><p>Here is the model itself:</p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><i>Source: Author</i></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p>Final thoughts</p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol>","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>Amazon: The Most Clearly Undervalued Company</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\">\nAmazon: The Most Clearly Undervalued Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 12:02 GMT+8 <a href=https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company><strong>Seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-...</p>\n\n<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"äşéŠŹé"},"source_url":"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897688132,"gmtCreate":1628912529626,"gmtModify":1676529892350,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/897688132","repostId":"2159321505","repostType":4,"repost":{"id":"2159321505","kind":"highlight","pubTimestamp":1628911811,"share":"https://ttm.financial/m/news/2159321505?lang=&edition=fundamental","pubTime":"2021-08-14 11:30","market":"us","language":"en","title":"Tesla seeks to reduce board membersâ terms, make other changes in October shareholder meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321505","media":"MarketWatch","summary":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. ","content":"<p>Board members would serve for two years rather than three</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abc701f141f0c0044cabe912e510fe2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Tesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES</span></p>\n<p>Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directorsâ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.</p>\n<p>One of the proposals calls for each directorâs term to be reduced from three years to two years. Teslaâs board currently has nine members who are divided into three classes in staggered three-year terms.</p>\n<p>If the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.</p>\n<p>The board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 heâd not be seeking reelection when his term ends this year.</p>\n<p>Teslaâs board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Muskâs brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.</p>\n<p>Teslaâs curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.</p>\n<p>The two-year term, however, âstrikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,â Tesla said.</p>\n<p>Tesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&P 500 index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla seeks to reduce board membersâ terms, make other changes in October shareholder meeting</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 seeks to reduce board membersâ terms, make other changes in October shareholder meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 11:30 GMT+8 <a href=https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"çšćŻć"},"source_url":"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321505","content_text":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directorsâ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.\nOne of the proposals calls for each directorâs term to be reduced from three years to two years. Teslaâs board currently has nine members who are divided into three classes in staggered three-year terms.\nIf the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.\nThe board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 heâd not be seeking reelection when his term ends this year.\nTeslaâs board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Muskâs brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.\nTeslaâs curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.\nThe two-year term, however, âstrikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,â Tesla said.\nTesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&P 500 index.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2977,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803511035,"gmtCreate":1627447460427,"gmtModify":1703490160054,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Trend showing âŚ. Stocks earning means price comedown. Earning supposed to get support from retail investors to earn more of respective company ?","listText":"Trend showing âŚ. Stocks earning means price comedown. Earning supposed to get support from retail investors to earn more of respective company ?","text":"Trend showing âŚ. Stocks earning means price comedown. Earning supposed to get support from retail investors to earn more of respective company ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/803511035","repostId":"1146638478","repostType":4,"isVote":1,"tweetType":1,"viewCount":2600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119836161,"gmtCreate":1622534870853,"gmtModify":1704185779429,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Wow great news, must buy now","listText":"Wow great news, must buy now","text":"Wow great news, must buy now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/119836161","repostId":"1112782785","repostType":4,"repost":{"id":"1112782785","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622534759,"share":"https://ttm.financial/m/news/1112782785?lang=&edition=fundamental","pubTime":"2021-06-01 16:05","market":"hk","language":"en","title":"Alibaba stock surged nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1112782785","media":"Tiger Newspress","summary":"Alibaba stock surged nearly 5% in premarket trading after its shares closing up 3.4% in Hong Kong.Suspended Ant Group IPO, Jack Ma's disappearance, and regulatory concerns have forced Alibabaâs stock price ~-30% off highs.I believe Alibaba is trading at massive discounts on a relative basis.Future growth runways coupled with discounted buying opportunities could create a valuable investment opportunity.Currently, in a market full of elevated asset prices it can be difficult for investors to find","content":"<p>Alibaba stock surged nearly 5% in premarket trading after its shares closing up 3.4% in Hong Kong.</p><p><img src=\"https://static.tigerbbs.com/eb087d2067906ea07d1e9a1851fb2170\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/de6e1ea296db9382fbaf414201ee23d4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><ul><li>Suspended Ant Group IPO, Jack Ma's disappearance, and regulatory concerns have forced Alibabaâs stock price ~-30% off highs.</li><li>I believe Alibaba is trading at massive discounts on a relative basis.</li><li>Future growth runways coupled with discounted buying opportunities could create a valuable investment opportunity.</li></ul><p>ââ<img src=\"https://static.tigerbbs.com/76c35f5fb7c6d19825e9a4c876f7522c\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"></p><p>â<b>Intro</b></p><p>Currently, in a market full of elevated asset prices it can be difficult for investors to find underappreciated securities on a valuation basis. After months of negative headlines and regulatory issues, I believe Alibaba (BABA) is being underappreciated through the lens of both valuation and growth potential. While investors may be fearful of regulatory risks, management stability, and financial legitimacy, BABAâs growth runway coupled with discounted prices could potentially produce a valuable investment opportunity.</p><p><b>Why I Think it is Cheap</b></p><p>After Chinese regulators suspended the highly anticipated IPO of Ant Group due to issues surrounding changes in the financial regulatory environment and how the company was not meeting disclosure requirements, BABAâs share price began seeing initial selling pressure. BABA saw an -8.13% dip in share price after the IPO was delayed. Given that BABA has a 33% equity interestin the company, the canceled listing of Ant Group caused obvious headwinds. Shortly after the canceled IPO, Jack Ma publicly denounced Chinaâs financial regulators on stage at a conference in Shanghai. Adding to the mountain of negative headlines, the outspoken founder went missing shortly after this stint which was followed by a further decline in share price. Weeks after Maâs criticisms regarding Chinaâs regulators, China came crashing down hard on Alibaba with an antitrust investigation based on monopolistic concerns. BABAâs share price began to see deep selling pressure in late December with the U.S.-listed ADR falling over -13% on Christmas Eve.</p><p><img src=\"https://static.tigerbbs.com/67f6cf5346933ea265d9c4ba262c3880\" tg-width=\"624\" tg-height=\"356\" referrerpolicy=\"no-referrer\"></p><p>After a slew of negative press, financial and regulatory headwinds, BABA has fallen ~-30% from ATH where it currently sits just over $210 a share. With share price declining and earnings continuing to grow rapidly, Alibaba has seen valuation multiples contract to levels not seen since shortly after their NYSE listing in 2015.</p><p><b>How Cheap is it on a Relative Basis?</b></p><p>Using the next twelve months forward earnings estimates, \"NTM,\" we begin to quantify how discounted BABA is through valuation multiples. Below are two charts showing BABA at the very bottom of its EV/S and P/E channels. Each chart compares the NTM multiple relative to the earnings denominator (NTM Revs & NTM EPS respectively).</p><p><img src=\"https://static.tigerbbs.com/9e4fecfcf6207a0c65a113e167696067\" tg-width=\"624\" tg-height=\"355\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b0ea99d299e7aaa2a5c793434e2c05d\" tg-width=\"624\" tg-height=\"360\" referrerpolicy=\"no-referrer\"></p><p>Since BABA listed on the NYSE, their EV/S multiple has contracted over time as revenue growth has progressed rapidly; P/E typically has traded in a range of 20x â 35x NTM EPS estimates. Due to hyper EPS growth in the last few years, coupled with the short-term price downturn; Alibabaâs NTM P/E multiple has contracted to the very bottom of its historical channel (~20x NTM P/E).</p><p>Next, I used NTM forecasts for both revenue and EPS, coupled with bull, bear, and base case NTM multiples to derive my case-specific price targets. Price targets using EPS and P/E were calculated by multiplying expected NTM EPS by expected NTM P/E. Price targets using revenue and EV/S were calculated by multiplying expected NTM rev by expected NTM EV/S, subtracting trailing twelve months \"TTM\" net debt (-$52,797.3M) and dividing by TTM diluted shares outstanding (2,750M).</p><p><img src=\"https://static.tigerbbs.com/a262edad6a9272298ad31bdc8f3e1fc5\" tg-width=\"906\" tg-height=\"666\" referrerpolicy=\"no-referrer\"></p><p>After taking the median bull and bear price targets, I created a tactical risk/reward chart to determine BABAâs margin of safety at current price levels. I used the median to calculate official price targets to gain exposure from both BABA's top and bottom-line.</p><p><img src=\"https://static.tigerbbs.com/d61c7cd16fc768cc10b8ae344427eae5\" tg-width=\"682\" tg-height=\"671\" referrerpolicy=\"no-referrer\"></p><p>Given a market price of $213, BABA implies a 10.3x risk/reward level based on my forecasts. After comparing my multiple expectations to competitors, there is the risk of further contraction in EV/S over time but BABA appears very discounted relative to competition on a P/E basis.</p><p><img src=\"https://static.tigerbbs.com/8de1a38e8f053d82c2884626320b2069\" tg-width=\"907\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p><p>Next, I wanted to measure BABAâs discounted valuation relative to TTM revenue growth. To do this I created a scatter plot, charting P/S on a TTM basis on the y-axis and TTM revenue growth YoY on the x-axis. Points charted under the dashed line are deemed undervalued and any points above the line are deemed overvalued.</p><p><img src=\"https://static.tigerbbs.com/6fee6fd697b605d498925cc094b39ff5\" tg-width=\"624\" tg-height=\"370\" referrerpolicy=\"no-referrer\"></p><p>Based on TTM revenue growth through Q1 â21, itâs clear to see the major discount BABA also has adjusted for top-line growth. Lastly, I wanted to throw in a price action chart with a long-term trendline pointing to BABAâs discounted price factor:</p><p><img src=\"https://static.tigerbbs.com/2e3c649795d1e8b6e297b436a9ee32b8\" tg-width=\"624\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p><p><b>Growth Runway</b></p><p>To capture excellent investment gains, valuation is not enough, Alibaba will have to continue executing its growth strategy. While the stock seems to be cheap on a relative basis, I also believe growth on the top and bottom lines is imminent.</p><p>ââ</p><p><img src=\"https://static.tigerbbs.com/8af3a56b016bed164ca19ff7282a581a\" tg-width=\"284\" tg-height=\"337\" referrerpolicy=\"no-referrer\"></p><p>After their Q1 release, BABA reported 41% YoY growth on the top-line driven by their leading core commerce segment alongside the fast-growing cloud segment. Coming off 35% YoY growth in 2020, being able to deliver a 41% topline increase is incredible for the year following. Given the fact COVID-19related online growth was reflected in early 2020 results, I find it very feasiblefor core commerce tailwinds to continue as growth persisted, and expanded, the following year.</p><p>Alongside general e-commerce tailwinds, Chinaâs middle-class growth could support sales for a mega-cap commerce player like Alibaba. âChina already makes up the largest middle-class consumption market segment in the worldâ asChinese middle-class consumers were on track to spend over $7.3 Trillion in 2020, roughly 55% higher than the United States middle-class at $4.7 Trillion. At current levels, less than one-third of Chinaâs total population lies within their middle-class, containing roughly 400 million people. Population expectations for the Chinese middle-class are expected to be 1.2 Billion people in 2027, a 17% CAGR. Coupling the sheer class population growth with a forecasted income CAGR of 3% stacked on top, BABA is potentially looking at a 20% built-in core commerce CAGR over the next 7 years based on these estimates.</p><p>Lastly, I believe the digital transformation acceleration happening around the globewill be an excellent growth catalyst for the company moving forward. Like Amazon, Alibaba constructed its cloud base on logistical support for the commerce/delivery giant. Now that the infrastructure is built, they can grow the cloud as an operating segment, separate from core commerce, and outsource to major customers.</p><p>Below you can see previous YoY growth on three months ended and annual basis.</p><p><img src=\"https://static.tigerbbs.com/d2844a5c25507131d3bb1acc5e223c71\" tg-width=\"624\" tg-height=\"273\" referrerpolicy=\"no-referrer\"></p><p>âWhile Alibaba Cloud only makes up 8% of total revenues, in the future I believe this segment will be a larger contributor to the total top-line as domestic and international adoption grows. Couple the cloud with core commerce expansion propelled forward by a rapidly increasing middle-class and BABA's growth runway is seemingly attractive for short and long-term investors.</p><p><img src=\"https://static.tigerbbs.com/253a50e7e7e1960b19d0ca68e2fd0360\" tg-width=\"624\" tg-height=\"462\" referrerpolicy=\"no-referrer\"></p><p>â<b>Risks</b></p><p>The reason this opportunity exists isn't because of a systematic drawdown or a major global catalyst suppressing stock prices, there are clear idiosyncratic risks to investing in Alibaba. The major risks of a BABA investment were highlighted clearly over the past 7 months. Starting with the Ant IPO suspension, BABA investors became concerned not just with the fin-tech company exposure, but also began questioning the financial legitimacy of BABA itself. To make things worse, the outspoken billionaire founder denounced the Chinese regulators in a very public fashion. Obviously, China didn't like this and launched the full-fledged antitrust investigation into Alibaba. The regulatory risk is my biggest concern while investing in BABA. At the end of the day, I've only ever lived in the United States and am no expert on Chinese foreign policy. I want to make clear these regulatory risks are very real for any mega-cap company but potentially more so for those internationally. As an investor, it's very important to run through all the potential risks to a company before investing and only allocate capital if you believe the potential reward outweighs the risks accounted for.</p><p><b>Summary</b></p><p>In a short-term view, Alibaba has an excellent catalyst with the 6.18 sale. It is their first major sale since COVID, and it lasts from May 24th â June 20th. While sales like these are common annually and may have an extremely minimal effect on stock price, the positive sentiment generated could be a good turning point for BABA. Based on a long-term approach, I believe Alibaba will continue to be a massive global leader and continue to dominate Chinese e-commerce even in the wake of regulatory risk. With a rapidly growing middle-class and a digital transformation acceleration, I think core commerce and Alibaba cloud will continue driving growth for the company. After paying off the fine imposed I think much of the regulatory risk is behind them now. As future earnings growth has the potential to outweigh any regulatory concerns, BABA is in the making be an excellent investment opportunity, especially at deeply discounted valuations.</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>Alibaba stock surged nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba stock surged nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-01 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Alibaba stock surged nearly 5% in premarket trading after its shares closing up 3.4% in Hong Kong.</p><p><img src=\"https://static.tigerbbs.com/eb087d2067906ea07d1e9a1851fb2170\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/de6e1ea296db9382fbaf414201ee23d4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><ul><li>Suspended Ant Group IPO, Jack Ma's disappearance, and regulatory concerns have forced Alibabaâs stock price ~-30% off highs.</li><li>I believe Alibaba is trading at massive discounts on a relative basis.</li><li>Future growth runways coupled with discounted buying opportunities could create a valuable investment opportunity.</li></ul><p>ââ<img src=\"https://static.tigerbbs.com/76c35f5fb7c6d19825e9a4c876f7522c\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"></p><p>â<b>Intro</b></p><p>Currently, in a market full of elevated asset prices it can be difficult for investors to find underappreciated securities on a valuation basis. After months of negative headlines and regulatory issues, I believe Alibaba (BABA) is being underappreciated through the lens of both valuation and growth potential. While investors may be fearful of regulatory risks, management stability, and financial legitimacy, BABAâs growth runway coupled with discounted prices could potentially produce a valuable investment opportunity.</p><p><b>Why I Think it is Cheap</b></p><p>After Chinese regulators suspended the highly anticipated IPO of Ant Group due to issues surrounding changes in the financial regulatory environment and how the company was not meeting disclosure requirements, BABAâs share price began seeing initial selling pressure. BABA saw an -8.13% dip in share price after the IPO was delayed. Given that BABA has a 33% equity interestin the company, the canceled listing of Ant Group caused obvious headwinds. Shortly after the canceled IPO, Jack Ma publicly denounced Chinaâs financial regulators on stage at a conference in Shanghai. Adding to the mountain of negative headlines, the outspoken founder went missing shortly after this stint which was followed by a further decline in share price. Weeks after Maâs criticisms regarding Chinaâs regulators, China came crashing down hard on Alibaba with an antitrust investigation based on monopolistic concerns. BABAâs share price began to see deep selling pressure in late December with the U.S.-listed ADR falling over -13% on Christmas Eve.</p><p><img src=\"https://static.tigerbbs.com/67f6cf5346933ea265d9c4ba262c3880\" tg-width=\"624\" tg-height=\"356\" referrerpolicy=\"no-referrer\"></p><p>After a slew of negative press, financial and regulatory headwinds, BABA has fallen ~-30% from ATH where it currently sits just over $210 a share. With share price declining and earnings continuing to grow rapidly, Alibaba has seen valuation multiples contract to levels not seen since shortly after their NYSE listing in 2015.</p><p><b>How Cheap is it on a Relative Basis?</b></p><p>Using the next twelve months forward earnings estimates, \"NTM,\" we begin to quantify how discounted BABA is through valuation multiples. Below are two charts showing BABA at the very bottom of its EV/S and P/E channels. Each chart compares the NTM multiple relative to the earnings denominator (NTM Revs & NTM EPS respectively).</p><p><img src=\"https://static.tigerbbs.com/9e4fecfcf6207a0c65a113e167696067\" tg-width=\"624\" tg-height=\"355\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b0ea99d299e7aaa2a5c793434e2c05d\" tg-width=\"624\" tg-height=\"360\" referrerpolicy=\"no-referrer\"></p><p>Since BABA listed on the NYSE, their EV/S multiple has contracted over time as revenue growth has progressed rapidly; P/E typically has traded in a range of 20x â 35x NTM EPS estimates. Due to hyper EPS growth in the last few years, coupled with the short-term price downturn; Alibabaâs NTM P/E multiple has contracted to the very bottom of its historical channel (~20x NTM P/E).</p><p>Next, I used NTM forecasts for both revenue and EPS, coupled with bull, bear, and base case NTM multiples to derive my case-specific price targets. Price targets using EPS and P/E were calculated by multiplying expected NTM EPS by expected NTM P/E. Price targets using revenue and EV/S were calculated by multiplying expected NTM rev by expected NTM EV/S, subtracting trailing twelve months \"TTM\" net debt (-$52,797.3M) and dividing by TTM diluted shares outstanding (2,750M).</p><p><img src=\"https://static.tigerbbs.com/a262edad6a9272298ad31bdc8f3e1fc5\" tg-width=\"906\" tg-height=\"666\" referrerpolicy=\"no-referrer\"></p><p>After taking the median bull and bear price targets, I created a tactical risk/reward chart to determine BABAâs margin of safety at current price levels. I used the median to calculate official price targets to gain exposure from both BABA's top and bottom-line.</p><p><img src=\"https://static.tigerbbs.com/d61c7cd16fc768cc10b8ae344427eae5\" tg-width=\"682\" tg-height=\"671\" referrerpolicy=\"no-referrer\"></p><p>Given a market price of $213, BABA implies a 10.3x risk/reward level based on my forecasts. After comparing my multiple expectations to competitors, there is the risk of further contraction in EV/S over time but BABA appears very discounted relative to competition on a P/E basis.</p><p><img src=\"https://static.tigerbbs.com/8de1a38e8f053d82c2884626320b2069\" tg-width=\"907\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p><p>Next, I wanted to measure BABAâs discounted valuation relative to TTM revenue growth. To do this I created a scatter plot, charting P/S on a TTM basis on the y-axis and TTM revenue growth YoY on the x-axis. Points charted under the dashed line are deemed undervalued and any points above the line are deemed overvalued.</p><p><img src=\"https://static.tigerbbs.com/6fee6fd697b605d498925cc094b39ff5\" tg-width=\"624\" tg-height=\"370\" referrerpolicy=\"no-referrer\"></p><p>Based on TTM revenue growth through Q1 â21, itâs clear to see the major discount BABA also has adjusted for top-line growth. Lastly, I wanted to throw in a price action chart with a long-term trendline pointing to BABAâs discounted price factor:</p><p><img src=\"https://static.tigerbbs.com/2e3c649795d1e8b6e297b436a9ee32b8\" tg-width=\"624\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p><p><b>Growth Runway</b></p><p>To capture excellent investment gains, valuation is not enough, Alibaba will have to continue executing its growth strategy. While the stock seems to be cheap on a relative basis, I also believe growth on the top and bottom lines is imminent.</p><p>ââ</p><p><img src=\"https://static.tigerbbs.com/8af3a56b016bed164ca19ff7282a581a\" tg-width=\"284\" tg-height=\"337\" referrerpolicy=\"no-referrer\"></p><p>After their Q1 release, BABA reported 41% YoY growth on the top-line driven by their leading core commerce segment alongside the fast-growing cloud segment. Coming off 35% YoY growth in 2020, being able to deliver a 41% topline increase is incredible for the year following. Given the fact COVID-19related online growth was reflected in early 2020 results, I find it very feasiblefor core commerce tailwinds to continue as growth persisted, and expanded, the following year.</p><p>Alongside general e-commerce tailwinds, Chinaâs middle-class growth could support sales for a mega-cap commerce player like Alibaba. âChina already makes up the largest middle-class consumption market segment in the worldâ asChinese middle-class consumers were on track to spend over $7.3 Trillion in 2020, roughly 55% higher than the United States middle-class at $4.7 Trillion. At current levels, less than one-third of Chinaâs total population lies within their middle-class, containing roughly 400 million people. Population expectations for the Chinese middle-class are expected to be 1.2 Billion people in 2027, a 17% CAGR. Coupling the sheer class population growth with a forecasted income CAGR of 3% stacked on top, BABA is potentially looking at a 20% built-in core commerce CAGR over the next 7 years based on these estimates.</p><p>Lastly, I believe the digital transformation acceleration happening around the globewill be an excellent growth catalyst for the company moving forward. Like Amazon, Alibaba constructed its cloud base on logistical support for the commerce/delivery giant. Now that the infrastructure is built, they can grow the cloud as an operating segment, separate from core commerce, and outsource to major customers.</p><p>Below you can see previous YoY growth on three months ended and annual basis.</p><p><img src=\"https://static.tigerbbs.com/d2844a5c25507131d3bb1acc5e223c71\" tg-width=\"624\" tg-height=\"273\" referrerpolicy=\"no-referrer\"></p><p>âWhile Alibaba Cloud only makes up 8% of total revenues, in the future I believe this segment will be a larger contributor to the total top-line as domestic and international adoption grows. Couple the cloud with core commerce expansion propelled forward by a rapidly increasing middle-class and BABA's growth runway is seemingly attractive for short and long-term investors.</p><p><img src=\"https://static.tigerbbs.com/253a50e7e7e1960b19d0ca68e2fd0360\" tg-width=\"624\" tg-height=\"462\" referrerpolicy=\"no-referrer\"></p><p>â<b>Risks</b></p><p>The reason this opportunity exists isn't because of a systematic drawdown or a major global catalyst suppressing stock prices, there are clear idiosyncratic risks to investing in Alibaba. The major risks of a BABA investment were highlighted clearly over the past 7 months. Starting with the Ant IPO suspension, BABA investors became concerned not just with the fin-tech company exposure, but also began questioning the financial legitimacy of BABA itself. To make things worse, the outspoken billionaire founder denounced the Chinese regulators in a very public fashion. Obviously, China didn't like this and launched the full-fledged antitrust investigation into Alibaba. The regulatory risk is my biggest concern while investing in BABA. At the end of the day, I've only ever lived in the United States and am no expert on Chinese foreign policy. I want to make clear these regulatory risks are very real for any mega-cap company but potentially more so for those internationally. As an investor, it's very important to run through all the potential risks to a company before investing and only allocate capital if you believe the potential reward outweighs the risks accounted for.</p><p><b>Summary</b></p><p>In a short-term view, Alibaba has an excellent catalyst with the 6.18 sale. It is their first major sale since COVID, and it lasts from May 24th â June 20th. While sales like these are common annually and may have an extremely minimal effect on stock price, the positive sentiment generated could be a good turning point for BABA. Based on a long-term approach, I believe Alibaba will continue to be a massive global leader and continue to dominate Chinese e-commerce even in the wake of regulatory risk. With a rapidly growing middle-class and a digital transformation acceleration, I think core commerce and Alibaba cloud will continue driving growth for the company. After paying off the fine imposed I think much of the regulatory risk is behind them now. As future earnings growth has the potential to outweigh any regulatory concerns, BABA is in the making be an excellent investment opportunity, especially at deeply discounted valuations.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"éżé塴塴","09988":"éżé塴塴-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112782785","content_text":"Alibaba stock surged nearly 5% in premarket trading after its shares closing up 3.4% in Hong Kong.Suspended Ant Group IPO, Jack Ma's disappearance, and regulatory concerns have forced Alibabaâs stock price ~-30% off highs.I believe Alibaba is trading at massive discounts on a relative basis.Future growth runways coupled with discounted buying opportunities could create a valuable investment opportunity.âââIntroCurrently, in a market full of elevated asset prices it can be difficult for investors to find underappreciated securities on a valuation basis. After months of negative headlines and regulatory issues, I believe Alibaba (BABA) is being underappreciated through the lens of both valuation and growth potential. While investors may be fearful of regulatory risks, management stability, and financial legitimacy, BABAâs growth runway coupled with discounted prices could potentially produce a valuable investment opportunity.Why I Think it is CheapAfter Chinese regulators suspended the highly anticipated IPO of Ant Group due to issues surrounding changes in the financial regulatory environment and how the company was not meeting disclosure requirements, BABAâs share price began seeing initial selling pressure. BABA saw an -8.13% dip in share price after the IPO was delayed. Given that BABA has a 33% equity interestin the company, the canceled listing of Ant Group caused obvious headwinds. Shortly after the canceled IPO, Jack Ma publicly denounced Chinaâs financial regulators on stage at a conference in Shanghai. Adding to the mountain of negative headlines, the outspoken founder went missing shortly after this stint which was followed by a further decline in share price. Weeks after Maâs criticisms regarding Chinaâs regulators, China came crashing down hard on Alibaba with an antitrust investigation based on monopolistic concerns. BABAâs share price began to see deep selling pressure in late December with the U.S.-listed ADR falling over -13% on Christmas Eve.After a slew of negative press, financial and regulatory headwinds, BABA has fallen ~-30% from ATH where it currently sits just over $210 a share. With share price declining and earnings continuing to grow rapidly, Alibaba has seen valuation multiples contract to levels not seen since shortly after their NYSE listing in 2015.How Cheap is it on a Relative Basis?Using the next twelve months forward earnings estimates, \"NTM,\" we begin to quantify how discounted BABA is through valuation multiples. Below are two charts showing BABA at the very bottom of its EV/S and P/E channels. Each chart compares the NTM multiple relative to the earnings denominator (NTM Revs & NTM EPS respectively).Since BABA listed on the NYSE, their EV/S multiple has contracted over time as revenue growth has progressed rapidly; P/E typically has traded in a range of 20x â 35x NTM EPS estimates. Due to hyper EPS growth in the last few years, coupled with the short-term price downturn; Alibabaâs NTM P/E multiple has contracted to the very bottom of its historical channel (~20x NTM P/E).Next, I used NTM forecasts for both revenue and EPS, coupled with bull, bear, and base case NTM multiples to derive my case-specific price targets. Price targets using EPS and P/E were calculated by multiplying expected NTM EPS by expected NTM P/E. Price targets using revenue and EV/S were calculated by multiplying expected NTM rev by expected NTM EV/S, subtracting trailing twelve months \"TTM\" net debt (-$52,797.3M) and dividing by TTM diluted shares outstanding (2,750M).After taking the median bull and bear price targets, I created a tactical risk/reward chart to determine BABAâs margin of safety at current price levels. I used the median to calculate official price targets to gain exposure from both BABA's top and bottom-line.Given a market price of $213, BABA implies a 10.3x risk/reward level based on my forecasts. After comparing my multiple expectations to competitors, there is the risk of further contraction in EV/S over time but BABA appears very discounted relative to competition on a P/E basis.Next, I wanted to measure BABAâs discounted valuation relative to TTM revenue growth. To do this I created a scatter plot, charting P/S on a TTM basis on the y-axis and TTM revenue growth YoY on the x-axis. Points charted under the dashed line are deemed undervalued and any points above the line are deemed overvalued.Based on TTM revenue growth through Q1 â21, itâs clear to see the major discount BABA also has adjusted for top-line growth. Lastly, I wanted to throw in a price action chart with a long-term trendline pointing to BABAâs discounted price factor:Growth RunwayTo capture excellent investment gains, valuation is not enough, Alibaba will have to continue executing its growth strategy. While the stock seems to be cheap on a relative basis, I also believe growth on the top and bottom lines is imminent.ââAfter their Q1 release, BABA reported 41% YoY growth on the top-line driven by their leading core commerce segment alongside the fast-growing cloud segment. Coming off 35% YoY growth in 2020, being able to deliver a 41% topline increase is incredible for the year following. Given the fact COVID-19related online growth was reflected in early 2020 results, I find it very feasiblefor core commerce tailwinds to continue as growth persisted, and expanded, the following year.Alongside general e-commerce tailwinds, Chinaâs middle-class growth could support sales for a mega-cap commerce player like Alibaba. âChina already makes up the largest middle-class consumption market segment in the worldâ asChinese middle-class consumers were on track to spend over $7.3 Trillion in 2020, roughly 55% higher than the United States middle-class at $4.7 Trillion. At current levels, less than one-third of Chinaâs total population lies within their middle-class, containing roughly 400 million people. Population expectations for the Chinese middle-class are expected to be 1.2 Billion people in 2027, a 17% CAGR. Coupling the sheer class population growth with a forecasted income CAGR of 3% stacked on top, BABA is potentially looking at a 20% built-in core commerce CAGR over the next 7 years based on these estimates.Lastly, I believe the digital transformation acceleration happening around the globewill be an excellent growth catalyst for the company moving forward. Like Amazon, Alibaba constructed its cloud base on logistical support for the commerce/delivery giant. Now that the infrastructure is built, they can grow the cloud as an operating segment, separate from core commerce, and outsource to major customers.Below you can see previous YoY growth on three months ended and annual basis.âWhile Alibaba Cloud only makes up 8% of total revenues, in the future I believe this segment will be a larger contributor to the total top-line as domestic and international adoption grows. Couple the cloud with core commerce expansion propelled forward by a rapidly increasing middle-class and BABA's growth runway is seemingly attractive for short and long-term investors.âRisksThe reason this opportunity exists isn't because of a systematic drawdown or a major global catalyst suppressing stock prices, there are clear idiosyncratic risks to investing in Alibaba. The major risks of a BABA investment were highlighted clearly over the past 7 months. Starting with the Ant IPO suspension, BABA investors became concerned not just with the fin-tech company exposure, but also began questioning the financial legitimacy of BABA itself. To make things worse, the outspoken billionaire founder denounced the Chinese regulators in a very public fashion. Obviously, China didn't like this and launched the full-fledged antitrust investigation into Alibaba. The regulatory risk is my biggest concern while investing in BABA. At the end of the day, I've only ever lived in the United States and am no expert on Chinese foreign policy. I want to make clear these regulatory risks are very real for any mega-cap company but potentially more so for those internationally. As an investor, it's very important to run through all the potential risks to a company before investing and only allocate capital if you believe the potential reward outweighs the risks accounted for.SummaryIn a short-term view, Alibaba has an excellent catalyst with the 6.18 sale. It is their first major sale since COVID, and it lasts from May 24th â June 20th. While sales like these are common annually and may have an extremely minimal effect on stock price, the positive sentiment generated could be a good turning point for BABA. Based on a long-term approach, I believe Alibaba will continue to be a massive global leader and continue to dominate Chinese e-commerce even in the wake of regulatory risk. With a rapidly growing middle-class and a digital transformation acceleration, I think core commerce and Alibaba cloud will continue driving growth for the company. After paying off the fine imposed I think much of the regulatory risk is behind them now. As future earnings growth has the potential to outweigh any regulatory concerns, BABA is in the making be an excellent investment opportunity, especially at deeply discounted valuations.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190537140,"gmtCreate":1620632717380,"gmtModify":1704345847157,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Buy today, later no chance","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Buy today, later no chance","text":"$Alibaba(BABA)$Buy today, later no chance","images":[{"img":"https://static.tigerbbs.com/657ded2f4dc8f3072ac4f3ef948cb768","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/190537140","isVote":1,"tweetType":1,"viewCount":1023,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":146057866,"gmtCreate":1626046468155,"gmtModify":1703752164238,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Great achievement of virgin Galactic, well done","listText":"Great achievement of virgin Galactic, well done","text":"Great achievement of virgin Galactic, well done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/146057866","repostId":"2150025553","repostType":4,"repost":{"id":"2150025553","kind":"highlight","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":1625986860,"share":"https://ttm.financial/m/news/2150025553?lang=&edition=fundamental","pubTime":"2021-07-11 15:01","market":"us","language":"en","title":"Virgin Galactic's Branson ready for space launch aboard rocket plane","url":"https://stock-news.laohu8.com/highlight/detail?id=2150025553","media":"Reuters","summary":"By Steve Gorman\nLAS CRUCES, N.M., July 11 (Reuters) - British billionaire Richard Branson was due on","content":"<p>By Steve Gorman</p>\n<p>LAS CRUCES, N.M., July 11 (Reuters) - British billionaire Richard Branson was due on Sunday to climb into his Virgin Galactic passenger rocket plane and soar more than 50 miles above the New Mexico desert in the vehicle's first fully crewed test flight to the edge of space.</p>\n<p>Branson, <a href=\"https://laohu8.com/S/AONE\">one</a> of six Virgin Galactic Holding Inc employees strapping in for the ride, has touted the flight as a precursor to a new era of space tourism, with the company he founded poised to begin commercial operations next year.</p>\n<p>A discount travel service it is not. But demand is apparently strong, with several hundred wealthy would-be citizen astronauts already having booked reservations, priced at around $250,000 per ticket.</p>\n<p>The Swiss-based investment bank UBS has estimated the potential value of the space tourism market reaching $3 billion annually by 2030.</p>\n<p>Proving rocket travel safe for the general public is key, given the inherent dangers of spaceflight.</p>\n<p>An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing <a href=\"https://laohu8.com/S/AONE.U\">one</a> pilot and seriously injuring another.</p>\n<p>Branson's participation in Sunday's flight, announced just over a week ago, is in keeping with his persona as the daredevil executive whose Virgin brands - from airlines to music companies - have long been associated with ocean-crossing exploits in sailboats and hot-air balloons.</p>\n<p>His ride-along also upstages rival astro-tourism venture Blue Origin and its founder, Amazon mogul Jeff Bezos, in what has been popularized as the \"billionaire space race.\" Bezos has been planning to fly aboard his own suborbital rocketship, the New Shepard, later this month.</p>\n<p>Branson, a week away from his 71st birthday, has insisted he and Bezos are friendly rivals and not engaged in a personal contest to beat one another into space.</p>\n<p>A third player, fellow billionaire proprietor Elon Musk's SpaceX, plans to send its first all-civilian crew (without Musk) into orbit in September, after having already launched numerous cargo payloads and astronauts to the International Space Station for NASA.</p>\n<p>The launch of Virgin Galactic's VSS Unity rocket plane on Sunday will mark the company's 22nd test flight of its SpaceShipTwo system, and its fourth crewed mission beyond Earth's atmosphere. But it will be the first to carry a full compliment of space travelers - two pilots and four \"mission specialists,\" Branson among them.</p>\n<p>Weather permitting, the gleaming white spaceplane will take off at around 0900 ET (1300 GMT) on Sunday attached to the underside of the twin-fuselage carrier jet VMS Eve - named for Branson's mother - from Spaceport America near the aptly named New Mexico town of Truth or Consequences. Virgin Galactic occupies a large section of that facility, about 75 miles (120 km) north of Las Cruces.</p>\n<p>Separating from the carrier jet at an altitude of 50,000 feet, Unity's pilots will ignite its rocket engine to send the spaceplane streaking in a near-vertical climb to the blackness of space some 55 miles high, where the crew will experience about 4 minutes of microgravity.</p>\n<p>The vehicle's engine will then be shut down, and the craft will be shifted into re-entry mode and make a gliding descent to a runway at the spaceport. The entire flight, from takeoff to landing, should take about 90 minutes.</p>\n<p>Branson's official role is to \"evaluate the private astronaut experience,\" and his observations will be used to \"enhance the journey for all future astronaut customers,\" according to Virgin's press materials.</p>\n<p>The spaceplane's two pilots, Dave Mackay and Michael Masucci, will control the ignition and shutoff of the ship's rocket engine, and activate the vehicle's \"feathered\" tail maneuver for re-entry.</p>\n<p>The three other mission specialists are Beth Moses, the company's chief astronaut instructor; Virgin Galactic's lead operations engineer Colin Bennett; and Sirisha Bandla, a research operations and government affairs vice president.</p>\n<p>Assuming the mission goes well, Virgin has plans for two further test flights of the spaceplane before beginning commercial service in 2022.</p>\n<p>(Reporting by Steve Gorman; Editing by Daniel Wallis)</p>\n<p>((steve.gorman@thomsonreuters.com; 310-491-7256; Reuters Messaging: steve.gorman.thomsonreuters.com@reuters.net))</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>Virgin Galactic's Branson ready for space launch aboard rocket plane</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\">\nVirgin Galactic's Branson ready for space launch aboard rocket plane\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\">2021-07-11 15:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By Steve Gorman</p>\n<p>LAS CRUCES, N.M., July 11 (Reuters) - British billionaire Richard Branson was due on Sunday to climb into his Virgin Galactic passenger rocket plane and soar more than 50 miles above the New Mexico desert in the vehicle's first fully crewed test flight to the edge of space.</p>\n<p>Branson, <a href=\"https://laohu8.com/S/AONE\">one</a> of six Virgin Galactic Holding Inc employees strapping in for the ride, has touted the flight as a precursor to a new era of space tourism, with the company he founded poised to begin commercial operations next year.</p>\n<p>A discount travel service it is not. But demand is apparently strong, with several hundred wealthy would-be citizen astronauts already having booked reservations, priced at around $250,000 per ticket.</p>\n<p>The Swiss-based investment bank UBS has estimated the potential value of the space tourism market reaching $3 billion annually by 2030.</p>\n<p>Proving rocket travel safe for the general public is key, given the inherent dangers of spaceflight.</p>\n<p>An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing <a href=\"https://laohu8.com/S/AONE.U\">one</a> pilot and seriously injuring another.</p>\n<p>Branson's participation in Sunday's flight, announced just over a week ago, is in keeping with his persona as the daredevil executive whose Virgin brands - from airlines to music companies - have long been associated with ocean-crossing exploits in sailboats and hot-air balloons.</p>\n<p>His ride-along also upstages rival astro-tourism venture Blue Origin and its founder, Amazon mogul Jeff Bezos, in what has been popularized as the \"billionaire space race.\" Bezos has been planning to fly aboard his own suborbital rocketship, the New Shepard, later this month.</p>\n<p>Branson, a week away from his 71st birthday, has insisted he and Bezos are friendly rivals and not engaged in a personal contest to beat one another into space.</p>\n<p>A third player, fellow billionaire proprietor Elon Musk's SpaceX, plans to send its first all-civilian crew (without Musk) into orbit in September, after having already launched numerous cargo payloads and astronauts to the International Space Station for NASA.</p>\n<p>The launch of Virgin Galactic's VSS Unity rocket plane on Sunday will mark the company's 22nd test flight of its SpaceShipTwo system, and its fourth crewed mission beyond Earth's atmosphere. But it will be the first to carry a full compliment of space travelers - two pilots and four \"mission specialists,\" Branson among them.</p>\n<p>Weather permitting, the gleaming white spaceplane will take off at around 0900 ET (1300 GMT) on Sunday attached to the underside of the twin-fuselage carrier jet VMS Eve - named for Branson's mother - from Spaceport America near the aptly named New Mexico town of Truth or Consequences. Virgin Galactic occupies a large section of that facility, about 75 miles (120 km) north of Las Cruces.</p>\n<p>Separating from the carrier jet at an altitude of 50,000 feet, Unity's pilots will ignite its rocket engine to send the spaceplane streaking in a near-vertical climb to the blackness of space some 55 miles high, where the crew will experience about 4 minutes of microgravity.</p>\n<p>The vehicle's engine will then be shut down, and the craft will be shifted into re-entry mode and make a gliding descent to a runway at the spaceport. The entire flight, from takeoff to landing, should take about 90 minutes.</p>\n<p>Branson's official role is to \"evaluate the private astronaut experience,\" and his observations will be used to \"enhance the journey for all future astronaut customers,\" according to Virgin's press materials.</p>\n<p>The spaceplane's two pilots, Dave Mackay and Michael Masucci, will control the ignition and shutoff of the ship's rocket engine, and activate the vehicle's \"feathered\" tail maneuver for re-entry.</p>\n<p>The three other mission specialists are Beth Moses, the company's chief astronaut instructor; Virgin Galactic's lead operations engineer Colin Bennett; and Sirisha Bandla, a research operations and government affairs vice president.</p>\n<p>Assuming the mission goes well, Virgin has plans for two further test flights of the spaceplane before beginning commercial service in 2022.</p>\n<p>(Reporting by Steve Gorman; Editing by Daniel Wallis)</p>\n<p>((steve.gorman@thomsonreuters.com; 310-491-7256; Reuters Messaging: steve.gorman.thomsonreuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"çť´çéść˛ł"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150025553","content_text":"By Steve Gorman\nLAS CRUCES, N.M., July 11 (Reuters) - British billionaire Richard Branson was due on Sunday to climb into his Virgin Galactic passenger rocket plane and soar more than 50 miles above the New Mexico desert in the vehicle's first fully crewed test flight to the edge of space.\nBranson, one of six Virgin Galactic Holding Inc employees strapping in for the ride, has touted the flight as a precursor to a new era of space tourism, with the company he founded poised to begin commercial operations next year.\nA discount travel service it is not. But demand is apparently strong, with several hundred wealthy would-be citizen astronauts already having booked reservations, priced at around $250,000 per ticket.\nThe Swiss-based investment bank UBS has estimated the potential value of the space tourism market reaching $3 billion annually by 2030.\nProving rocket travel safe for the general public is key, given the inherent dangers of spaceflight.\nAn earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.\nBranson's participation in Sunday's flight, announced just over a week ago, is in keeping with his persona as the daredevil executive whose Virgin brands - from airlines to music companies - have long been associated with ocean-crossing exploits in sailboats and hot-air balloons.\nHis ride-along also upstages rival astro-tourism venture Blue Origin and its founder, Amazon mogul Jeff Bezos, in what has been popularized as the \"billionaire space race.\" Bezos has been planning to fly aboard his own suborbital rocketship, the New Shepard, later this month.\nBranson, a week away from his 71st birthday, has insisted he and Bezos are friendly rivals and not engaged in a personal contest to beat one another into space.\nA third player, fellow billionaire proprietor Elon Musk's SpaceX, plans to send its first all-civilian crew (without Musk) into orbit in September, after having already launched numerous cargo payloads and astronauts to the International Space Station for NASA.\nThe launch of Virgin Galactic's VSS Unity rocket plane on Sunday will mark the company's 22nd test flight of its SpaceShipTwo system, and its fourth crewed mission beyond Earth's atmosphere. But it will be the first to carry a full compliment of space travelers - two pilots and four \"mission specialists,\" Branson among them.\nWeather permitting, the gleaming white spaceplane will take off at around 0900 ET (1300 GMT) on Sunday attached to the underside of the twin-fuselage carrier jet VMS Eve - named for Branson's mother - from Spaceport America near the aptly named New Mexico town of Truth or Consequences. Virgin Galactic occupies a large section of that facility, about 75 miles (120 km) north of Las Cruces.\nSeparating from the carrier jet at an altitude of 50,000 feet, Unity's pilots will ignite its rocket engine to send the spaceplane streaking in a near-vertical climb to the blackness of space some 55 miles high, where the crew will experience about 4 minutes of microgravity.\nThe vehicle's engine will then be shut down, and the craft will be shifted into re-entry mode and make a gliding descent to a runway at the spaceport. The entire flight, from takeoff to landing, should take about 90 minutes.\nBranson's official role is to \"evaluate the private astronaut experience,\" and his observations will be used to \"enhance the journey for all future astronaut customers,\" according to Virgin's press materials.\nThe spaceplane's two pilots, Dave Mackay and Michael Masucci, will control the ignition and shutoff of the ship's rocket engine, and activate the vehicle's \"feathered\" tail maneuver for re-entry.\nThe three other mission specialists are Beth Moses, the company's chief astronaut instructor; Virgin Galactic's lead operations engineer Colin Bennett; and Sirisha Bandla, a research operations and government affairs vice president.\nAssuming the mission goes well, Virgin has plans for two further test flights of the spaceplane before beginning commercial service in 2022.\n(Reporting by Steve Gorman; Editing by Daniel Wallis)\n((steve.gorman@thomsonreuters.com; 310-491-7256; Reuters Messaging: steve.gorman.thomsonreuters.com@reuters.net))","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":2950,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157423222,"gmtCreate":1625611740066,"gmtModify":1703744730756,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Amazon awesome ","listText":"Amazon awesome ","text":"Amazon awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157423222","repostId":"1129630404","repostType":4,"isVote":1,"tweetType":1,"viewCount":3099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155766333,"gmtCreate":1625454488922,"gmtModify":1703742029492,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Buy buy , this is the time to buy","listText":"Buy buy , this is the time to buy","text":"Buy buy , this is the time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/155766333","repostId":"1166658180","repostType":4,"repost":{"id":"1166658180","kind":"news","pubTimestamp":1625454170,"share":"https://ttm.financial/m/news/1166658180?lang=&edition=fundamental","pubTime":"2021-07-05 11:02","market":"us","language":"en","title":"Berkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position","url":"https://stock-news.laohu8.com/highlight/detail?id=1166658180","media":"seeking alpha","summary":"Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's in","content":"<p>Summary</p>\n<ul>\n <li>Investment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.</li>\n <li>The Warren Buffett fan club blindly follow the Sage of Omaha and have not been well rewarded in relation to their personal investments in Kraft Heinz.</li>\n <li>The truth is that neither group understands the Kraft Heinz investment made by Buffett. It makes sense for him in a way that would not work for you and me.</li>\n <li>I shall explain all and hopefully allow you to understand the Kraft Heinz investment.</li>\n <li>I also provide an appraisal of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a> today being at least 20% underpriced and a great value investment.</li>\n</ul>\n<p>Introduction</p>\n<p>Warren Buffett is an undeniable investing genius. His results speak for themselves. However, blindly following Buffett - as many investors do - is foolish as I shall explain.</p>\n<p>There exists an army of investors who closely watch the legendary investor's every move. If he buys something then the \"<i>Warren Buffett fan club\"</i>follows suit and they buy into the same company. I guess this is simply human nature. If someone appears to have the Midas touch then everyone wants a piece of the gold that he is creating.</p>\n<p>Certain investing websites allow investors to track Buffett and to blindly follow suit. Kraft Heinz (KHC) is a perfect example of why this kind of behaviour is ill advised.</p>\n<p>Many investment commentators question Buffett's investment in Kraft Heinz. The company certainly hasn't performed as well as other Buffett investments such as <a href=\"https://laohu8.com/S/AAPL\">Apple</a> (AAPL), <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>(NYSE:KO)or <a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a> (WFC). But this does not make it a bad investment.</p>\n<p>These commentators, together with the Warren Buffett fan club who blindly follow their icon, fail to understand why Buffett invested in Kraft Heinz. So I shall attempt to break it down in this short article.</p>\n<p>What Works For Buffett Will Not Work For You</p>\n<p>Most of Berkshireâs (BRK.A) investments in stocks are held by its insurance companies. Buffett has always utilized the float from his insurance businesses to invest wisely and to enhance his returns. Very smart, but I guess that you cannot follow suit because you may not own any insurance companies.</p>\n<p>The remainder of its stock portfolio is held within the finance, rail and utilities, and at the holding company level of the <a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> group.</p>\n<p>Dividends of stocks at the insurers are 8.4% (40% of the 21% federal rate).Dividends on stocks held by the other subsidiaries and the holding company are taxed at 6.2% (30% of the 21% federal rate).</p>\n<p>So, let us focus on Kraft Heinz -Berkshire owns approximately 26.7% of that company.</p>\n<p>Buffett's Kraft Heinz shares are held by the parent company and because Berkshire owns more than 20% of the business, but less than 50%, it is deemed to be in 'a position of control' and so must account for its investmentusing the âequity methodâ of accounting.</p>\n<p>From a tax standpoint, dividends are taxed by the holding company at 4.2%, which is an 80% discount from the 21% corporate tax rate.</p>\n<p>Now consider that Kraft Heinz is a mature business which is stable but beyond the rapid growth phase of yesteryear. It does, however, generate nice levels of cash with its collection of well known consumer brands. So, without any significant opportunity to grow, decisions on allocation of the capital being generated by the business are relatively straight forward - return capital to shareholders by way of dividend!</p>\n<p>It is for this reason that it has a payout ratio of circa 75% and it pays almost a 4% yield. And so it suits Berkshire Hathaway that this cash cow is paying out 75% of its profits as dividends.</p>\n<p>Berkshire benefits greatly by earning profits as dividends because of the low taxes that it pays on dividends - something that does not apply to you or the<i>Warren Buffett fan club</i>who blindly follow the guru.</p>\n<p>For this <a href=\"https://laohu8.com/S/AONE\">one</a> holding in Berkshire's vast portfolio the dividend from a stable cash cow is what Buffett is looking for. And since Berkshire is in a âposition of control,â I expect Buffett is driving the payout ratio as high as possible.</p>\n<p>I expect that <a href=\"https://laohu8.com/S/AONE.U\">one</a> day Buffett will exit the Kraft Heinz position. Perhaps Berkshire will take a brand and some cash and avoid a realized taxable cash gain. Buffett is the master of mitigating tax liabilities. However, the kind of tax avoidance mechanism available to Buffett are not available to you and me which is why blindly following buffet is foolish.</p>\n<p>By way of example, just look at how Buffett acquired <a href=\"https://laohu8.com/S/BGC\">General</a> Re-Insurance.</p>\n<p>For those not familiar with what happened, allow me to explain. In 1998 the entire stock market was overpriced and Berkshire was trading at more than 3x book. Buffett believed that Berkshire and its shares were worth approximately half of that price. So, how does Buffett play this situation?</p>\n<p>He used $22 billion worth of his overpriced stock as currency to acquire General Re. Buffett effectively acquired the investment portfolio of General Re, which he valued at $25 billion. And because he thought his stock was being priced by the market at twice its intrinsic value, he effectively paid the equivalent of $11 billion of value for $25 billion of assets! Genius!</p>\n<p>The Gen Re portfolio was 90% fixed income products which allowed Buffett to switch from a heavy concentration of over-priced equity investments into much better valued bonds. Best of all, because he used Berkshire shares as currency for the deal rather than cash he managed to reduce his portfolio exposure to an overpriced equity market by approximately half without paying a cent of capital gains tax, then at 35%. Even more of a genius!</p>\n<p>I cover this kind of thing in my book \"Success in the Stock Market\" if any of you is interested in learning more.</p>\n<p>So, returning to the topic of this article, what works for Buffett will not work for you.</p>\n<p>Accounting for positions using the equity method requires that Berkshireâs pro-rata portion of Kraft Heinzâs reported income be included in Berkshireâs income and serves to increase Berkshireâs cost basis by the amount of the pro-rata profit. Dividends received are an offset, effectively a return of capital, and reduce Berkshireâs cost basis by the amount of the dividend. The combination increases the cost basis by the amount of undistributed earnings. Cash taxes are paid by Berkshire only on the amount received as dividends. The undistributed earnings (retained by Kraft Heinz) are included in a deferred tax liability and are payable when Berkshire receives a cash distribution or when it sells the position. The deferred tax liability is created using Berkshireâs corporate tax rate of 21%. Berkshire applies a Dividend Received Deduction âDRDâ on the dividends it receives as it expects undistributed earnings to ultimately be distributed. Itâs this assumption by Berkshire that allows it to offset its 21% tax rate with an 80% deduction. Thus dividends from Kraft Heinz are now taxed at 4.2% and the deferred tax liability building for retained earnings by Kraft Heinz is established using a 21% tax rate.</p>\n<p>Now consider the situation for you and me if Kraft Heinz was in our own private portfolio. With little or no capital growth prospects all we have is the dividend income. That is paid out of Kraft Heinz's net earnings (so after it has paid corporate tax) and when we receive the dividend we are subject to income tax (double taxation!)</p>\n<p>While Buffett enjoys greater tax efficiency, we suffer great tax inefficiency. This is why following everything the Sage of Omaha does is foolish. This, in my humble opinion, includes investing personally in Kraft Heinz.</p>\n<p>Kraft Heinz is a mediocre business with little prospect for growth and some of its brands are in fact in decline.I wouldn't buy it. I wouldn't recommend you to buy it either. But for Buffett it does make a great deal of sense (commentators/journalists in the investing community take note!).</p>\n<p>If you want to derive the financial benefits that Buffett is able to extract from his investment in Kraft Heinz and other holdings in his portfolio then my advice to you is to invest in Berkshire Hathaway rather than investing in the companies that Berkshire Hathaway invests in.</p>\n<p>Berkshire Hathaway - Underpriced By At Least 20%</p>\n<p>I believe Berkshire Hathaway to be vastly underpriced today as I shall go on to explain.</p>\n<p><img src=\"https://static.tigerbbs.com/bd35aaa75c637e9b1f67c110081a4d0e\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\">Data byYCharts</p>\n<p>Valuing Berkshire Hathaway is a complex affair due to the fact that it requires analysis on a sum of parts basis. I could write a small book on a single valuation and so it is well outside the scope of this article.</p>\n<p>However, there are some quick and dirty valuation techniques that one may deploy to provide a good indication of value. They invariably require a little Sherlock Holmes sleuth work of reading between the lines to find valuable valuation clues. Allow me to explain one of them.</p>\n<p>Buffett is still buying back Berkshire Stock at an unprecedented rate. This is a first major clue.</p>\n<ul>\n <li>Buffett bought back about $9bn of stock in H2 2020 and buybacks continue at pace.</li>\n <li>There were approximately $6.6 billion worth of buybacks during Q1 2021.</li>\n <li>Buybacks in the second quarter of 2021 may be calculated as follows. The April 22ndForm 10-Q filing reveals the amount spent on buybacks between March 31st(end of Q1) and April 22nd.So this is known to be $1.4 billion. On June 21stBerkshireâs13D filing(associated with its regular contribution of Berkshire shares to the Gates Foundation - $4.1bn USD on this occasion) allows us to calculate buybacks that occurred between April 22ndand June 21st. We do this by taking the statement of Buffettâs economic interest of 15.8% to calculate the number of shares outstanding at June 21st. This indicates that Berkshire had 2.265 billion class B share equivalent outstanding on June 21 (with class A stock converted to class B). This is down about 23 million since March 31 and 18 million lower that the April 22 figure. The implication being that over $5bn of stock was repurchased in <a href=\"https://laohu8.com/S/QTWO\">Q2</a> 2021. But June 21stis not the end of Q2, so if we extrapolate the data to the end of the quarter we arrive at approximately $7bn of repurchases in Q2.</li>\n</ul>\n<p>So in the last 12 months Buffett has spent a not insignificant $22.6bn buying back Berkshire stock.</p>\n<p>What does this tell us?</p>\n<p><a href=\"https://laohu8.com/S/FBNC\">First</a>, letâs take a step back and consider what we know about Buffett's threshold for buying back stock.</p>\n<p>Share buy-backs are among the most misunderstood and also the most abused aspects of modern capitalism. This is a huge topic and I devote an entire chapter of my book to it for anyone interested. However, for the purpose of this article know this. When executed above true book value (most of the time) buybacks will erode shareholder equity.</p>\n<p>This is not particularly well understood by shareholders or C-Suite executives. Accordingly I shall use this opportunity to explain how this works in practice with a simple analogy.</p>\n<p>Imagine owning a $1m house equally with your partner. Personally you also have $750,000 cash in the bank, so the total value of your personal assets is half of the house ($500,000) plus $750,000 cash. A total of $1.25m.</p>\n<p>You offer to buy your partnerâs share in the house which has a book value of $500,000 (half of $1m).</p>\n<p>You ought to be happy paying anything up to $500,000 (a multiple to book that is less than or equal to 1) but you should not be prepared to pay more than that number. Buying at a premium (where the PB multiple is greater than 1) erodes the total value of your assets by the amount of the premium paid. If you donât believe me, allow me to demonstrate the fact.</p>\n<p>If you pay $600,000 for your partner's share of the house (a multiple of 1.2x book) what do your assets look like after the deal? You now have a $1m house and a balance of $150,000 cash in the bank. Now your total asset value has shrunk from $1.25m to $1.15m. You have eroded your personal wealth by $100,000 which is the amount by which you overpaid for the share of the house.</p>\n<p>The same is true when repurchasing company stock above book â it destroys shareholder value in exactly the same way.</p>\n<p>The opposite is also true - so repurchasing below book is accretive to shareholder value.</p>\n<p>While a repurchase operation will always be presented as a means of returning value to the shareholders, the ugly truth is that buy-backs more often than not destroy shareholder value.</p>\n<p>Buffett understands this very well. Judging by the number of companies that repurchase their own stock at huge premiums to book I can confidently say that Buffett is one of the few CEOs who does understand it.</p>\n<p>The quick witted readers will now be asking, âWhy then has Buffett been paying 1.1x book and then 1.2x book for stock repurchases?â</p>\n<p>Great question!</p>\n<p>The answer is simple and it brings us back to our Sherlock Holmes conclusions on the valuation of Berkshire Hathaway.</p>\n<p>Many of the assets bought by Buffett over the years are recorded on the Berkshire Hathaway balance sheet at cost rather than at their true market value. Said differently, the value of Berkshire's assets is vastly understated in its annual and quarterly reports. This means that when Buffett says that he will repurchase at 1.2x book, what he is actually saying is that the book value understates the true value of the business and that every 83 cents on the balance sheet is really worth $1 in the real world. This means that 1.2x of reported book value is equivalent to no more than 1.0x real book value.</p>\n<p>Now I hope that you can see where I am going with my detective work.</p>\n<p>Buffett is way too sharp to destroy shareholder equity by overpaying for Berkshire Stock, not least because he is Berkshire's largest shareholder! Buffett will only be interested in allocating capital in such a way that is accretive to shareholder value, namely at a multiple of book less than 1.0x.</p>\n<p>Now consider that no-one, other than perhaps Charlie Munger, knows the true value of Berkshire Hathaway better than Buffett. So, reading between the lines, Buffett is telling us that the true value of the business is at least 20% higher than the share price implies, we ought to capitalize on that information!</p>\n<p>It is also worthy of note that as the number of shares decreases due to buybacks, the price per share representing a true 1.0x book value also increases. Appreciation in the underlying value of balance sheet assets also pushes the threshold price higher. This explains why Buffett is constantly re-assessing the price at which he is prepared to buy back his own stock.</p>\n<p>I hope that this was helpful.</p>\n<p>I devote an entire chapter of my book \"Success in the Stock Market\" to the topic of buybacks and so I have only scratched the surface in this comment. If you are interested in learning more please take a look at the book.</p>\n<p>By the way, I am long Berkshire Hathaway. I believe it to be vastly undervalued currently and my more detailed analysis suggests that it is trading at between 69c and 77c on the $1. For this reason I think that Buffett will continue to repurchase for quite some time to come.</p>\n<p>I wish you every success in your investing endeavours.</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>Berkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position</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\">\nBerkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 11:02 GMT+8 <a href=https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.\nThe Warren Buffett fan club blindly follow the Sage of Omaha and have not ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KHC":"ĺĄĺ¤Ťäş¨ć°","BRK.A":"䟯ĺ ĺ¸ĺ°","BRK.B":"䟯ĺ ĺ¸ĺ°B"},"source_url":"https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166658180","content_text":"Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.\nThe Warren Buffett fan club blindly follow the Sage of Omaha and have not been well rewarded in relation to their personal investments in Kraft Heinz.\nThe truth is that neither group understands the Kraft Heinz investment made by Buffett. It makes sense for him in a way that would not work for you and me.\nI shall explain all and hopefully allow you to understand the Kraft Heinz investment.\nI also provide an appraisal of Berkshire Hathaway today being at least 20% underpriced and a great value investment.\n\nIntroduction\nWarren Buffett is an undeniable investing genius. His results speak for themselves. However, blindly following Buffett - as many investors do - is foolish as I shall explain.\nThere exists an army of investors who closely watch the legendary investor's every move. If he buys something then the \"Warren Buffett fan club\"follows suit and they buy into the same company. I guess this is simply human nature. If someone appears to have the Midas touch then everyone wants a piece of the gold that he is creating.\nCertain investing websites allow investors to track Buffett and to blindly follow suit. Kraft Heinz (KHC) is a perfect example of why this kind of behaviour is ill advised.\nMany investment commentators question Buffett's investment in Kraft Heinz. The company certainly hasn't performed as well as other Buffett investments such as Apple (AAPL), Coca-Cola(NYSE:KO)or Wells Fargo (WFC). But this does not make it a bad investment.\nThese commentators, together with the Warren Buffett fan club who blindly follow their icon, fail to understand why Buffett invested in Kraft Heinz. So I shall attempt to break it down in this short article.\nWhat Works For Buffett Will Not Work For You\nMost of Berkshireâs (BRK.A) investments in stocks are held by its insurance companies. Buffett has always utilized the float from his insurance businesses to invest wisely and to enhance his returns. Very smart, but I guess that you cannot follow suit because you may not own any insurance companies.\nThe remainder of its stock portfolio is held within the finance, rail and utilities, and at the holding company level of the Berkshire Hathaway group.\nDividends of stocks at the insurers are 8.4% (40% of the 21% federal rate).Dividends on stocks held by the other subsidiaries and the holding company are taxed at 6.2% (30% of the 21% federal rate).\nSo, let us focus on Kraft Heinz -Berkshire owns approximately 26.7% of that company.\nBuffett's Kraft Heinz shares are held by the parent company and because Berkshire owns more than 20% of the business, but less than 50%, it is deemed to be in 'a position of control' and so must account for its investmentusing the âequity methodâ of accounting.\nFrom a tax standpoint, dividends are taxed by the holding company at 4.2%, which is an 80% discount from the 21% corporate tax rate.\nNow consider that Kraft Heinz is a mature business which is stable but beyond the rapid growth phase of yesteryear. It does, however, generate nice levels of cash with its collection of well known consumer brands. So, without any significant opportunity to grow, decisions on allocation of the capital being generated by the business are relatively straight forward - return capital to shareholders by way of dividend!\nIt is for this reason that it has a payout ratio of circa 75% and it pays almost a 4% yield. And so it suits Berkshire Hathaway that this cash cow is paying out 75% of its profits as dividends.\nBerkshire benefits greatly by earning profits as dividends because of the low taxes that it pays on dividends - something that does not apply to you or theWarren Buffett fan clubwho blindly follow the guru.\nFor this one holding in Berkshire's vast portfolio the dividend from a stable cash cow is what Buffett is looking for. And since Berkshire is in a âposition of control,â I expect Buffett is driving the payout ratio as high as possible.\nI expect that one day Buffett will exit the Kraft Heinz position. Perhaps Berkshire will take a brand and some cash and avoid a realized taxable cash gain. Buffett is the master of mitigating tax liabilities. However, the kind of tax avoidance mechanism available to Buffett are not available to you and me which is why blindly following buffet is foolish.\nBy way of example, just look at how Buffett acquired General Re-Insurance.\nFor those not familiar with what happened, allow me to explain. In 1998 the entire stock market was overpriced and Berkshire was trading at more than 3x book. Buffett believed that Berkshire and its shares were worth approximately half of that price. So, how does Buffett play this situation?\nHe used $22 billion worth of his overpriced stock as currency to acquire General Re. Buffett effectively acquired the investment portfolio of General Re, which he valued at $25 billion. And because he thought his stock was being priced by the market at twice its intrinsic value, he effectively paid the equivalent of $11 billion of value for $25 billion of assets! Genius!\nThe Gen Re portfolio was 90% fixed income products which allowed Buffett to switch from a heavy concentration of over-priced equity investments into much better valued bonds. Best of all, because he used Berkshire shares as currency for the deal rather than cash he managed to reduce his portfolio exposure to an overpriced equity market by approximately half without paying a cent of capital gains tax, then at 35%. Even more of a genius!\nI cover this kind of thing in my book \"Success in the Stock Market\" if any of you is interested in learning more.\nSo, returning to the topic of this article, what works for Buffett will not work for you.\nAccounting for positions using the equity method requires that Berkshireâs pro-rata portion of Kraft Heinzâs reported income be included in Berkshireâs income and serves to increase Berkshireâs cost basis by the amount of the pro-rata profit. Dividends received are an offset, effectively a return of capital, and reduce Berkshireâs cost basis by the amount of the dividend. The combination increases the cost basis by the amount of undistributed earnings. Cash taxes are paid by Berkshire only on the amount received as dividends. The undistributed earnings (retained by Kraft Heinz) are included in a deferred tax liability and are payable when Berkshire receives a cash distribution or when it sells the position. The deferred tax liability is created using Berkshireâs corporate tax rate of 21%. Berkshire applies a Dividend Received Deduction âDRDâ on the dividends it receives as it expects undistributed earnings to ultimately be distributed. Itâs this assumption by Berkshire that allows it to offset its 21% tax rate with an 80% deduction. Thus dividends from Kraft Heinz are now taxed at 4.2% and the deferred tax liability building for retained earnings by Kraft Heinz is established using a 21% tax rate.\nNow consider the situation for you and me if Kraft Heinz was in our own private portfolio. With little or no capital growth prospects all we have is the dividend income. That is paid out of Kraft Heinz's net earnings (so after it has paid corporate tax) and when we receive the dividend we are subject to income tax (double taxation!)\nWhile Buffett enjoys greater tax efficiency, we suffer great tax inefficiency. This is why following everything the Sage of Omaha does is foolish. This, in my humble opinion, includes investing personally in Kraft Heinz.\nKraft Heinz is a mediocre business with little prospect for growth and some of its brands are in fact in decline.I wouldn't buy it. I wouldn't recommend you to buy it either. But for Buffett it does make a great deal of sense (commentators/journalists in the investing community take note!).\nIf you want to derive the financial benefits that Buffett is able to extract from his investment in Kraft Heinz and other holdings in his portfolio then my advice to you is to invest in Berkshire Hathaway rather than investing in the companies that Berkshire Hathaway invests in.\nBerkshire Hathaway - Underpriced By At Least 20%\nI believe Berkshire Hathaway to be vastly underpriced today as I shall go on to explain.\nData byYCharts\nValuing Berkshire Hathaway is a complex affair due to the fact that it requires analysis on a sum of parts basis. I could write a small book on a single valuation and so it is well outside the scope of this article.\nHowever, there are some quick and dirty valuation techniques that one may deploy to provide a good indication of value. They invariably require a little Sherlock Holmes sleuth work of reading between the lines to find valuable valuation clues. Allow me to explain one of them.\nBuffett is still buying back Berkshire Stock at an unprecedented rate. This is a first major clue.\n\nBuffett bought back about $9bn of stock in H2 2020 and buybacks continue at pace.\nThere were approximately $6.6 billion worth of buybacks during Q1 2021.\nBuybacks in the second quarter of 2021 may be calculated as follows. The April 22ndForm 10-Q filing reveals the amount spent on buybacks between March 31st(end of Q1) and April 22nd.So this is known to be $1.4 billion. On June 21stBerkshireâs13D filing(associated with its regular contribution of Berkshire shares to the Gates Foundation - $4.1bn USD on this occasion) allows us to calculate buybacks that occurred between April 22ndand June 21st. We do this by taking the statement of Buffettâs economic interest of 15.8% to calculate the number of shares outstanding at June 21st. This indicates that Berkshire had 2.265 billion class B share equivalent outstanding on June 21 (with class A stock converted to class B). This is down about 23 million since March 31 and 18 million lower that the April 22 figure. The implication being that over $5bn of stock was repurchased in Q2 2021. But June 21stis not the end of Q2, so if we extrapolate the data to the end of the quarter we arrive at approximately $7bn of repurchases in Q2.\n\nSo in the last 12 months Buffett has spent a not insignificant $22.6bn buying back Berkshire stock.\nWhat does this tell us?\nFirst, letâs take a step back and consider what we know about Buffett's threshold for buying back stock.\nShare buy-backs are among the most misunderstood and also the most abused aspects of modern capitalism. This is a huge topic and I devote an entire chapter of my book to it for anyone interested. However, for the purpose of this article know this. When executed above true book value (most of the time) buybacks will erode shareholder equity.\nThis is not particularly well understood by shareholders or C-Suite executives. Accordingly I shall use this opportunity to explain how this works in practice with a simple analogy.\nImagine owning a $1m house equally with your partner. Personally you also have $750,000 cash in the bank, so the total value of your personal assets is half of the house ($500,000) plus $750,000 cash. A total of $1.25m.\nYou offer to buy your partnerâs share in the house which has a book value of $500,000 (half of $1m).\nYou ought to be happy paying anything up to $500,000 (a multiple to book that is less than or equal to 1) but you should not be prepared to pay more than that number. Buying at a premium (where the PB multiple is greater than 1) erodes the total value of your assets by the amount of the premium paid. If you donât believe me, allow me to demonstrate the fact.\nIf you pay $600,000 for your partner's share of the house (a multiple of 1.2x book) what do your assets look like after the deal? You now have a $1m house and a balance of $150,000 cash in the bank. Now your total asset value has shrunk from $1.25m to $1.15m. You have eroded your personal wealth by $100,000 which is the amount by which you overpaid for the share of the house.\nThe same is true when repurchasing company stock above book â it destroys shareholder value in exactly the same way.\nThe opposite is also true - so repurchasing below book is accretive to shareholder value.\nWhile a repurchase operation will always be presented as a means of returning value to the shareholders, the ugly truth is that buy-backs more often than not destroy shareholder value.\nBuffett understands this very well. Judging by the number of companies that repurchase their own stock at huge premiums to book I can confidently say that Buffett is one of the few CEOs who does understand it.\nThe quick witted readers will now be asking, âWhy then has Buffett been paying 1.1x book and then 1.2x book for stock repurchases?â\nGreat question!\nThe answer is simple and it brings us back to our Sherlock Holmes conclusions on the valuation of Berkshire Hathaway.\nMany of the assets bought by Buffett over the years are recorded on the Berkshire Hathaway balance sheet at cost rather than at their true market value. Said differently, the value of Berkshire's assets is vastly understated in its annual and quarterly reports. This means that when Buffett says that he will repurchase at 1.2x book, what he is actually saying is that the book value understates the true value of the business and that every 83 cents on the balance sheet is really worth $1 in the real world. This means that 1.2x of reported book value is equivalent to no more than 1.0x real book value.\nNow I hope that you can see where I am going with my detective work.\nBuffett is way too sharp to destroy shareholder equity by overpaying for Berkshire Stock, not least because he is Berkshire's largest shareholder! Buffett will only be interested in allocating capital in such a way that is accretive to shareholder value, namely at a multiple of book less than 1.0x.\nNow consider that no-one, other than perhaps Charlie Munger, knows the true value of Berkshire Hathaway better than Buffett. So, reading between the lines, Buffett is telling us that the true value of the business is at least 20% higher than the share price implies, we ought to capitalize on that information!\nIt is also worthy of note that as the number of shares decreases due to buybacks, the price per share representing a true 1.0x book value also increases. Appreciation in the underlying value of balance sheet assets also pushes the threshold price higher. This explains why Buffett is constantly re-assessing the price at which he is prepared to buy back his own stock.\nI hope that this was helpful.\nI devote an entire chapter of my book \"Success in the Stock Market\" to the topic of buybacks and so I have only scratched the surface in this comment. If you are interested in learning more please take a look at the book.\nBy the way, I am long Berkshire Hathaway. I believe it to be vastly undervalued currently and my more detailed analysis suggests that it is trading at between 69c and 77c on the $1. For this reason I think that Buffett will continue to repurchase for quite some time to come.\nI wish you every success in your investing endeavours.","news_type":1,"symbols_score_info":{"BRK.B":0.9,"KHC":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":913,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124257584,"gmtCreate":1624768868648,"gmtModify":1703844837964,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Microsoft business growing everyday->week->month->year.continue buyâŚ..","listText":"Microsoft business growing everyday->week->month->year.continue buyâŚ..","text":"Microsoft business growing everyday->week->month->year.continue buyâŚ..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124257584","repostId":"1104974895","repostType":4,"repost":{"id":"1104974895","kind":"news","pubTimestamp":1624764940,"share":"https://ttm.financial/m/news/1104974895?lang=&edition=fundamental","pubTime":"2021-06-27 11:35","market":"us","language":"en","title":"Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. Itâs Not Done Yet.","url":"https://stock-news.laohu8.com/highlight/detail?id=1104974895","media":"Barrons","summary":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,wh","content":"<p>Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.</p>\n<p>Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the companyâs market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoftâs cloud business, Azure.</p>\n<p>On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. âThe Azure cloud growth story is hitting its next gear of growth,â he writes. âWe are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.â</p>\n<p>Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be ârobust.â He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p>\n<p>Ives sees continuing global âdigital transformationâ as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. âMicrosoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,â he writes. âThe growth story at Microsoft is not slowing down.â</p>\n<p><img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. Itâs Not Done Yet.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Rides Its Cloud Business to a $2 Trillion Market Cap. Itâs Not Done Yet.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 11:35 GMT+8 <a href=https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives ...</p>\n\n<a href=\"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"垎软"},"source_url":"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104974895","content_text":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the companyâs market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoftâs cloud business, Azure.\nOn Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. âThe Azure cloud growth story is hitting its next gear of growth,â he writes. âWe are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.â\nWall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be ârobust.â He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.\nIves sees continuing global âdigital transformationâ as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. âMicrosoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,â he writes. âThe growth story at Microsoft is not slowing down.â","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138208870,"gmtCreate":1621939941090,"gmtModify":1704364783015,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Good stock","listText":"Good stock","text":"Good stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/138208870","repostId":"2138716979","repostType":4,"isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100842502,"gmtCreate":1619603473906,"gmtModify":1704726640902,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Stable and can buy more ","listText":"Stable and can buy more ","text":"Stable and can buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/100842502","repostId":"1131068131","repostType":4,"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374546250,"gmtCreate":1619470052370,"gmtModify":1704724301970,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Tesla boom??","listText":"Tesla boom??","text":"Tesla boom??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374546250","repostId":"2130343955","repostType":2,"repost":{"id":"2130343955","kind":"highlight","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":1619468443,"share":"https://ttm.financial/m/news/2130343955?lang=&edition=fundamental","pubTime":"2021-04-27 04:20","market":"sh","language":"en","title":"BRIEF-Tesla Reports Q1 Non-GAAP Earnings Of $0.93 Per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2130343955","media":"Reuters","summary":"April 26 (Reuters) - Tesla Inc : * QUARTERLY NON-GAAP EARNINGS PER SHARE $0.93 * QUARTERLY GAA","content":"<html><body><p>April 26 (Reuters) - Tesla Inc :</p><p> * QUARTERLY NON-GAAP EARNINGS PER SHARE $0.93</p><p> * QUARTERLY GAAP EARNINGS PER SHARE $0.39</p><p> * Q1 EARNINGS PER SHARE VIEW $0.79, REVENUE VIEW $10.29 BILLION -- REFINITIV IBES DATA</p><p> * SAYS IN FREMONT, MODEL Y PRODUCTION CONTINUED TO RAMP SUCCESSFULLY AND IS APPROACHING FULL CAPACITY</p><p> * SAYS IN TEXAS, FACTORY BUILDOUT CONTINUES TO PROGRESS QUICKLY, REMAINING ON TRACK TO START PRODUCTION AND DELIVERIES LATE THIS YEAR</p><p> * SAYS EXPECT SHANGHAI FACTORY WILL CONTINUE TO INCREASE QUARTERLY PRODUCTION OUTPUT THROUGH THE YEAR</p><p> * SAYS RECENTLY IMPROVED DOMESTIC SUPPLY SOURCING RATIO IN CHINA TO OVER 90%</p><p> * SAYS BUILDOUT OF GIGAFACTORY BERLIN CONTINUING TO MOVE FORWARD, WITH PRODUCTION AND DELIVERIES REMAINING ON TRACK FOR LATE 2021</p><p>Source text: () Further company coverage: </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Tesla Reports Q1 Non-GAAP Earnings Of $0.93 Per Share</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\">\nBRIEF-Tesla Reports Q1 Non-GAAP Earnings Of $0.93 Per Share\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\">2021-04-27 04:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>April 26 (Reuters) - Tesla Inc :</p><p> * QUARTERLY NON-GAAP EARNINGS PER SHARE $0.93</p><p> * QUARTERLY GAAP EARNINGS PER SHARE $0.39</p><p> * Q1 EARNINGS PER SHARE VIEW $0.79, REVENUE VIEW $10.29 BILLION -- REFINITIV IBES DATA</p><p> * SAYS IN FREMONT, MODEL Y PRODUCTION CONTINUED TO RAMP SUCCESSFULLY AND IS APPROACHING FULL CAPACITY</p><p> * SAYS IN TEXAS, FACTORY BUILDOUT CONTINUES TO PROGRESS QUICKLY, REMAINING ON TRACK TO START PRODUCTION AND DELIVERIES LATE THIS YEAR</p><p> * SAYS EXPECT SHANGHAI FACTORY WILL CONTINUE TO INCREASE QUARTERLY PRODUCTION OUTPUT THROUGH THE YEAR</p><p> * SAYS RECENTLY IMPROVED DOMESTIC SUPPLY SOURCING RATIO IN CHINA TO OVER 90%</p><p> * SAYS BUILDOUT OF GIGAFACTORY BERLIN CONTINUING TO MOVE FORWARD, WITH PRODUCTION AND DELIVERIES REMAINING ON TRACK FOR LATE 2021</p><p>Source text: () Further company coverage: </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"çšćŻć"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130343955","content_text":"April 26 (Reuters) - Tesla Inc : * QUARTERLY NON-GAAP EARNINGS PER SHARE $0.93 * QUARTERLY GAAP EARNINGS PER SHARE $0.39 * Q1 EARNINGS PER SHARE VIEW $0.79, REVENUE VIEW $10.29 BILLION -- REFINITIV IBES DATA * SAYS IN FREMONT, MODEL Y PRODUCTION CONTINUED TO RAMP SUCCESSFULLY AND IS APPROACHING FULL CAPACITY * SAYS IN TEXAS, FACTORY BUILDOUT CONTINUES TO PROGRESS QUICKLY, REMAINING ON TRACK TO START PRODUCTION AND DELIVERIES LATE THIS YEAR * SAYS EXPECT SHANGHAI FACTORY WILL CONTINUE TO INCREASE QUARTERLY PRODUCTION OUTPUT THROUGH THE YEAR * SAYS RECENTLY IMPROVED DOMESTIC SUPPLY SOURCING RATIO IN CHINA TO OVER 90% * SAYS BUILDOUT OF GIGAFACTORY BERLIN CONTINUING TO MOVE FORWARD, WITH PRODUCTION AND DELIVERIES REMAINING ON TRACK FOR LATE 2021Source text: () Further company coverage: ((Reuters.Briefs@thomsonreuters.com;))","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125460262,"gmtCreate":1624686652456,"gmtModify":1703843666458,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Wow great news, Tesla take great intitiative .","listText":"Wow great news, Tesla take great intitiative .","text":"Wow great news, Tesla take great intitiative .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/125460262","repostId":"1132692662","repostType":4,"repost":{"id":"1132692662","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624680481,"share":"https://ttm.financial/m/news/1132692662?lang=&edition=fundamental","pubTime":"2021-06-26 12:08","market":"us","language":"en","title":"Tesla recalls some imported and domestic Model 3 and Model Y in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1132692662","media":"Tiger Newspress","summary":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.In response to the recall, Tesla said ","content":"<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p>\n<p>Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p>\n<p>Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p>\n<p>Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p>\n<p>Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p>\n<p>In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</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>Tesla recalls some imported and domestic Model 3 and Model Y in China</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 recalls some imported and domestic Model 3 and Model Y in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-26 12:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p>\n<p>Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p>\n<p>Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p>\n<p>Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p>\n<p>Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p>\n<p>In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"çšćŻć"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132692662","content_text":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.\nTesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.\nMeanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.\nDue to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.\nTesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.\nIn response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122054598,"gmtCreate":1624589748714,"gmtModify":1703841152002,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Wow ","listText":"Wow ","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/122054598","repostId":"2146021046","repostType":4,"repost":{"id":"2146021046","kind":"highlight","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":1624589404,"share":"https://ttm.financial/m/news/2146021046?lang=&edition=fundamental","pubTime":"2021-06-25 10:50","market":"fut","language":"en","title":"Bitcoin to become legal tender in El Salvador on Sept 7","url":"https://stock-news.laohu8.com/highlight/detail?id=2146021046","media":"Reuters","summary":"SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on","content":"<p>SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.</p>\n<p>El Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.</p>\n<p>\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.</p>\n<p>Salaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.</p>\n<p>Earlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.</p>\n<p>According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.</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>Bitcoin to become legal tender in El Salvador on Sept 7</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin to become legal tender in El Salvador on Sept 7\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 10:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.</p>\n<p>El Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.</p>\n<p>\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.</p>\n<p>Salaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.</p>\n<p>Earlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.</p>\n<p>According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"ćŻçšĺ¸ETF-Grayscale"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146021046","content_text":"SAN SALVADOR, June 24 (Reuters) - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7, noting that its use will be optional.\nEl Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.\n\"The use of bitcoin will be optional, nobody will receive bitcoin if they don't want it... If someone receives a payment in bitcoin they can choose to automatically receive it in dollars,\" said Bukele.\nSalaries and pensions will continue to be paid in U.S. dollars, said Bukele, without specifying if that included salaries paid to state workers and private sector employees.\nEarlier in the day Athena Bitcoin said it plans to invest over $1 million to install some 1,500 cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad.\nAccording to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121828497,"gmtCreate":1624459263819,"gmtModify":1703837450277,"author":{"id":"3564927108798920","authorId":"3564927108798920","name":"Uday","avatar":"https://static.tigerbbs.com/ba94e30caea713924bb15494e571fb48","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564927108798920","idStr":"3564927108798920"},"themes":[],"htmlText":"Donât break heart for CAN. It will go up soonlike crazy?","listText":"Donât break heart for CAN. It will go up soonlike crazy?","text":"Donât break heart for CAN. It will go up soonlike crazy?","images":[{"img":"https://static.tigerbbs.com/747ecd084785d68f666c9db1d4a2f603","width":"750","height":"1787"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/121828497","isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}