Holla personal page - To The Moon

Holla

Holla

No personal profile

597Follow

60Followers

0Topic

0Badge

2021-09-23

$DiDi Global Inc.(DIDI)$&$$

2021-09-22

$Skillz Inc(SKLZ)$$$$$

2021-09-21

Like pls

"Ice Is Coming": Morgan Stanley Warns Odds Of "Destructive" 20%+ Correction Are Rising

2021-09-21

Like pls

Boeing Stock: The Bullish Outlook

2021-09-21

Like pls

Sorry, the original content has been removed

2021-09-21

Like pls

Sorry, the original content has been removed

2021-09-21

Like pls

U.S. Stock Futures Advance, Airline shares, Carnival stocks rally

2021-09-21

$Coupang, Inc.(CPNG)$$$$$

2021-09-20

$NIO Inc.(NIO)$$$$$

2021-09-18

Like pls

Sorry, the original content has been removed

2021-09-18

Like pls

Sorry, the original content has been removed

2021-09-18

Like pls

Sorry, the original content has been removed

2021-09-18

Like pls

Sorry, the original content has been removed

2021-09-18

Like pls

Sorry, the original content has been removed

2021-09-18

Like pls

US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week

2021-09-18

$NIO Inc.(NIO)$$$$$$

2021-09-17

$NIO Inc.(NIO)$$$$$

2021-09-16

Like pls

Amazon's New TVs Are No Threat to Roku

2021-09-16

Like pls

Sorry, the original content has been removed

2021-09-16

Like pls

Sorry, the original content has been removed

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3565687171198207","uuid":"3565687171198207","gmtCreate":1603456554890,"gmtModify":1603462800212,"name":"Holla","pinyin":"holla","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":60,"headSize":597,"tweetSize":0,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":2,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.02","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.20%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.39%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":863684015,"gmtCreate":1632386212737,"gmtModify":1676530769608,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>&amp;$$","listText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>&amp;$$","text":"$DiDi Global Inc.(DIDI)$&$$","images":[{"img":"https://static.tigerbbs.com/054293ac42dfdd86872cccbf8b383b96","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863684015","isVote":1,"tweetType":1,"viewCount":2711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869675017,"gmtCreate":1632286641939,"gmtModify":1676530743596,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>$$$$","listText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>$$$$","text":"$Skillz Inc(SKLZ)$$$$$","images":[{"img":"https://static.tigerbbs.com/7a62dc01bb9a6c4c1f59565c7a0dd074","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869675017","isVote":1,"tweetType":1,"viewCount":2204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":860717576,"gmtCreate":1632212556895,"gmtModify":1676530726210,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860717576","repostId":"1116085013","repostType":4,"repost":{"id":"1116085013","kind":"news","pubTimestamp":1632210464,"share":"https://ttm.financial/m/news/1116085013?lang=en_US&edition=fundamental","pubTime":"2021-09-21 15:47","market":"us","language":"en","title":"\"Ice Is Coming\": Morgan Stanley Warns Odds Of \"Destructive\" 20%+ Correction Are Rising","url":"https://stock-news.laohu8.com/highlight/detail?id=1116085013","media":"zerohedge","summary":"One month ago,we saidthat when Morgan Stanley's chief equity strategist Michael Wilson hiked his yea","content":"<p>One month ago,we saidthat when Morgan Stanley's chief equity strategist Michael Wilson hiked his year-end price target from 3,900 to 4,000,he did so very \"reluctantly\", as if someone was tapping on his shoulder with an Uzi, because while the note was supposed to be cheerful and rosy, all Wilson could talk about was the downside scenario which included all the usual sorts of fire and brimstone.</p>\n<p>Well, fast forward to today when suddenly global markets are writing under the throes of Evergrande contagion sending spoos sharply below their 50DMA critical support level, and when early this morning, Michael Wilson is back in his prime as Wall Street's biggest bear, going back to his core thesis that the current Mid-cycle transition will end in either \"Fire\", i.e. a sharp market correction...</p>\n<p><img src=\"https://static.tigerbbs.com/f03ee796bfffefa1bc3cffeeef90f8b9\" tg-width=\"500\" tg-height=\"294\" width=\"100%\" height=\"auto\"></p>\n<p>... or \"Ice\", with consumer spending grinding to a halt...</p>\n<p><img src=\"https://static.tigerbbs.com/fb15b3b94d76ad3296dda6ebefe0e59d\" tg-width=\"500\" tg-height=\"292\" width=\"100%\" height=\"auto\">... and observes that \"the ice scenario would be worse for markets and we are leaning in that direction given the fall in consumer confidence and reset lower in PMIs we expect.\"</p>\n<p>Backing up a bit, for those unaware, since March, Wilson had been espoused a mid-cycle transition narrative for US Equity markets, which he says has played out to script for the most part, with large-cap quality outperforming while the average stock has materially underperformed the S&amp;P 500, the exact opposite of what occurred during the early cycle phase of recovery.</p>\n<p><img src=\"https://static.tigerbbs.com/72ee33a6f5ec5ad4dc413fea6b6702e6\" tg-width=\"1014\" tg-height=\"319\" width=\"100%\" height=\"auto\">Relieved that he no longer has to hide his bearish views behind a facade of cheerful optimism (observed most recently during his August S&amp;P target hike), Wilson than mocks the \"many commentators and clients\" who continue to point to the S&amp;P 500 near all-time highs as a leading indicator and rationale for even higher prices ahead, and cautions that in his view, \"the relative strength of the S&amp;P 500 and Nasdaq 100 is further confirmation that the market understands the mid-cycle transition narrative and has bought into it hook, line and sinker. After all, the S&amp;P 500 is the highest quality large cap index in the world.<b>In short, it should be outperforming right now.\"</b></p>\n<p>The question, as Wilson puts it, whether the mid-cycle transition will end with a correction in this index as it typically does, or whether it's different this time? His prediction:<b>\"With our year end target 10% below current levels, our view is clear: the mid-cycle transition will end with the rolling correction finally hitting the S&amp;P 500.\"</b></p>\n<p>And so, for the benefit incredulous bulls who can't believe all the red they are seeing this morning, Wilson explains that \"the mid-cycle transition will end with the rolling correction finally hitting the S&amp;P 500.\" He then reminds MS clients that he has laid out two near-term risk paths that could lead to this outcome: \"<i>fire\" (the Fed begins to remove monetary accommodation in response to an overheating economy) and \"ice\" (earnings revisions and higher frequency macro data points decelerate amid demand pull forward, supply chain issues and margin pressure).</i>\"</p>\n<p>And while in his weekly note he dives deeper into both of these paths and points \"to accelerating risks on both the policy and growth fronts\" the emphasis is on the \"Ice\" scenario which could result in \"<b>a mode destructive outcome, i.e., a 20%+ correction.\"</b>Here's why:</p>\n<p>The typical mid-cycle \"fire\" outcome would lead to a modest and healthy 10% correction in the S&amp;P 500.<b>However, the \"ice\" scenario is starting to look more likely, and could result in a more destructive outcome – i.e. a 20%+ correction.</b>As a result, we continue to recommend a barbell of more defensively oriented quality (Healthcare and Staples) to protect from the \"ice\" scenario while keeping a leg in Financials to participate in the \"fire\" outcome as higher rates materialize.</p>\n<p>The next question is what would catalyze the upcoming correction, whether it is the 10% \"fire\" or 20% \"ice\" drop. Wilson responds:</p>\n<blockquote>\n We have presented two potential scenarios for why / how the correction will ensue. The more traditional ending to a mid-cycle transition is a \"fire\" outcome whereby the recovery overheats and the Fed begins to remove accommodation. In the 1994 and 2004 transitions, that meant raising the Fed Funds Rate. In 2011, it was simply the ending of QE2.\n <b>This time we think it is the tapering of asset purchases later this year/early next year.</b>Given that the taper was effectively pre-announced at Jackson Hole 3 weeks ago, is it a coincidence that equity markets have been softer in September? Under this scenario, the economy reaccelerates from the summer slowdown but not enough to offset the tightening of financial conditions from higher back end rates and less liquidity in the system. In addition to the anticipated tapering of asset purchases later this year, we point to the fact that the Treasury's General Account (TGA) has fallen by $1T since March (Exhibit 3).\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/754e4d93ff6f216463eee7df5dfa1bde\" tg-width=\"1027\" tg-height=\"340\" width=\"100%\" height=\"auto\"></p>\n<p>While this has been a good offset to the decelerating M2 growth (Exhibit 4), that offset is probably finished now. Bottom line, this is the time of the mid cycle transition when P/Es for the broader index properly contract (Exhibit 5).</p>\n<p><img src=\"https://static.tigerbbs.com/d87b7fac22f1a1f5db68fec641fc7528\" tg-width=\"703\" tg-height=\"363\" width=\"100%\" height=\"auto\"></p>\n<p>Piling on the pessimism, Wilson then notes that \"there are several key variables we are monitoring that currently support a view for a worse than expected growth deceleration.\"</p>\n<ul>\n <li><b>First is NTM earnings estimates.</b>Even if the economy rebounds in 4Q from the slowdown this summer, it likely won't translate into higher earnings estimates as incremental margins rollover due to higher costs and taxes. This is the mirror image of the past year when costs were being eliminated as revenues benefitted greatly from the fiscal stimulus. Indeed, NTM EPS estimates for the S&amp;P 500 appear to have been flattening out over the past month after a record recovery to levels that are 20% above the prior peak (Exhibit 6). This will be critical to watch as we enter 3Q earnings season and companies update investors on costs/margins and potential payback in demand from the consumption binge earlier this year.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/fd04066c66b0146205ae7b7590be18f1\" tg-width=\"702\" tg-height=\"420\" width=\"100%\" height=\"auto\">Another way to analyze this rate of change on earnings momentum is to look at<b>earnings revision breadth (or ERB)</b>, which Wilson thinks is vulnerable to a simple reversion to the mean from today's very elevated levels of +2 standard deviations (Exhibit 7).<b>If earnings revision breadth (ERB) normalizes to its average over the next 3 months, the S&amp;P should fall approximately 11%.</b>If the ERB falls toward 1 standard deviation below average, the S&amp;P 500 should fall 19%, and at -2 standard deviations, the S&amp;P 500 falls 27% (Exhibit 8).</p>\n<p><img src=\"https://static.tigerbbs.com/1a4676f39d2906c38e998d09c9dbedf0\" tg-width=\"1224\" tg-height=\"407\" width=\"100%\" height=\"auto\"></p>\n<ul>\n <li><b>Second, and as discussed here most recently on Friday, consumer confidence has recently fallen sharply.</b>It started with the University of Michigan survey plummeting in August to lower levels than we witnessed during the entire pandemic and recession last year. While the Conference Board Consumer Confidence Survey remained elevated in July, it saw a big catch up to the downside in August as well. According to Wilson,<b>these surveys are important variables because they have strong positive correlations to the y/y change in the S&amp;P 500.</b>In other words,<b>based on the UMich survey, the S&amp;P 500 appears vulnerable to at least a 10-20% correction if the survey doesn't improve next month.</b></li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/848d981e38bb32e01cdf8a6becca1455\" tg-width=\"871\" tg-height=\"523\" width=\"100%\" height=\"auto\">Here, Morgan Stanley's view is that \"<b>consumers aren't as naïve as they are often made out to be</b>. They know the last year has been a bit of a bonanza working from home while receiving stimulus checks from the government that many didn't need (85% of all Americans received stimulus checks).\" Meanwhile, prices of everything are up a lot just as the extra money has stopped going out. That's a bad combo for sentiment and supports not only our stagflation thesis, but also Morgan Stanley's expectation of payback in demand view and underweight on Consumer Discretionary stocks, particularly goods-related ones.</p>\n<p>Finally, while Wilson concedes that many businesses have done extremely well during the pandemic, \"<b>the trends here are also likely to subside\"</b>and the best way to gauge the fadiing momentum in businesses will come from the Purchasing Manager Surveys. While earlier this year we reached record highs in many of the subcomponents, much like economic surprise indices and earnings revision breadth measures, the PMIs are mean reverting. Indeed, as Wilson - who used PMI data to cement his mid-cycle thesis - the peak rate of change was in April just as the PMIs peaked as well. Most importantly, as we observed previously,<b>the prices paid component (inverted) leads the headline by approximately 12 months and suggests the decline in the PMIs will likely be worse than typically witnessed during the mid-cycle transition phase – i.e., back toward 50, if not lower</b>(Exhibit 10).<b>This, as Morgan Stanley points out, would imply the Headline PMI is down 10-20% y/y by December: \"</b>Given a tight relationship with the y/y change in the S&amp;P 500, the implication is that the S&amp;P could see at least a 10-20% decline over the next 3 months (Exhibit 11).\"</p>\n<p><img src=\"https://static.tigerbbs.com/45afcf0068538b4f56bc85f42af9e52f\" tg-width=\"1233\" tg-height=\"431\" width=\"100%\" height=\"auto\">Bottom line according to Wilson, the typical \"fire\" outcome would lead to a modest and healthy 10% correction in the S&amp;P 500, but<b>\"the \"ice\" scenario is starting to look more likely, in our opinion, and could result in a more destructive and unexpected outcome.\"</b>As a result, we continue to recommend a barbell of more defensively oriented quality (Healthcare and Staples) to protect from the \"ice\" scenario while keeping a leg in Financials to participate in the \"fire\" outcome should higher rates materialize.</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>\"Ice Is Coming\": Morgan Stanley Warns Odds Of \"Destructive\" 20%+ Correction Are Rising</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n\"Ice Is Coming\": Morgan Stanley Warns Odds Of \"Destructive\" 20%+ Correction Are Rising\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/ice-coming-morgan-stanley-warns-odds-destructive-20-correction-are-rising><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One month ago,we saidthat when Morgan Stanley's chief equity strategist Michael Wilson hiked his year-end price target from 3,900 to 4,000,he did so very \"reluctantly\", as if someone was tapping on ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/ice-coming-morgan-stanley-warns-odds-destructive-20-correction-are-rising\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/ice-coming-morgan-stanley-warns-odds-destructive-20-correction-are-rising","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116085013","content_text":"One month ago,we saidthat when Morgan Stanley's chief equity strategist Michael Wilson hiked his year-end price target from 3,900 to 4,000,he did so very \"reluctantly\", as if someone was tapping on his shoulder with an Uzi, because while the note was supposed to be cheerful and rosy, all Wilson could talk about was the downside scenario which included all the usual sorts of fire and brimstone.\nWell, fast forward to today when suddenly global markets are writing under the throes of Evergrande contagion sending spoos sharply below their 50DMA critical support level, and when early this morning, Michael Wilson is back in his prime as Wall Street's biggest bear, going back to his core thesis that the current Mid-cycle transition will end in either \"Fire\", i.e. a sharp market correction...\n\n... or \"Ice\", with consumer spending grinding to a halt...\n... and observes that \"the ice scenario would be worse for markets and we are leaning in that direction given the fall in consumer confidence and reset lower in PMIs we expect.\"\nBacking up a bit, for those unaware, since March, Wilson had been espoused a mid-cycle transition narrative for US Equity markets, which he says has played out to script for the most part, with large-cap quality outperforming while the average stock has materially underperformed the S&P 500, the exact opposite of what occurred during the early cycle phase of recovery.\nRelieved that he no longer has to hide his bearish views behind a facade of cheerful optimism (observed most recently during his August S&P target hike), Wilson than mocks the \"many commentators and clients\" who continue to point to the S&P 500 near all-time highs as a leading indicator and rationale for even higher prices ahead, and cautions that in his view, \"the relative strength of the S&P 500 and Nasdaq 100 is further confirmation that the market understands the mid-cycle transition narrative and has bought into it hook, line and sinker. After all, the S&P 500 is the highest quality large cap index in the world.In short, it should be outperforming right now.\"\nThe question, as Wilson puts it, whether the mid-cycle transition will end with a correction in this index as it typically does, or whether it's different this time? His prediction:\"With our year end target 10% below current levels, our view is clear: the mid-cycle transition will end with the rolling correction finally hitting the S&P 500.\"\nAnd so, for the benefit incredulous bulls who can't believe all the red they are seeing this morning, Wilson explains that \"the mid-cycle transition will end with the rolling correction finally hitting the S&P 500.\" He then reminds MS clients that he has laid out two near-term risk paths that could lead to this outcome: \"fire\" (the Fed begins to remove monetary accommodation in response to an overheating economy) and \"ice\" (earnings revisions and higher frequency macro data points decelerate amid demand pull forward, supply chain issues and margin pressure).\"\nAnd while in his weekly note he dives deeper into both of these paths and points \"to accelerating risks on both the policy and growth fronts\" the emphasis is on the \"Ice\" scenario which could result in \"a mode destructive outcome, i.e., a 20%+ correction.\"Here's why:\nThe typical mid-cycle \"fire\" outcome would lead to a modest and healthy 10% correction in the S&P 500.However, the \"ice\" scenario is starting to look more likely, and could result in a more destructive outcome – i.e. a 20%+ correction.As a result, we continue to recommend a barbell of more defensively oriented quality (Healthcare and Staples) to protect from the \"ice\" scenario while keeping a leg in Financials to participate in the \"fire\" outcome as higher rates materialize.\nThe next question is what would catalyze the upcoming correction, whether it is the 10% \"fire\" or 20% \"ice\" drop. Wilson responds:\n\n We have presented two potential scenarios for why / how the correction will ensue. The more traditional ending to a mid-cycle transition is a \"fire\" outcome whereby the recovery overheats and the Fed begins to remove accommodation. In the 1994 and 2004 transitions, that meant raising the Fed Funds Rate. In 2011, it was simply the ending of QE2.\n This time we think it is the tapering of asset purchases later this year/early next year.Given that the taper was effectively pre-announced at Jackson Hole 3 weeks ago, is it a coincidence that equity markets have been softer in September? Under this scenario, the economy reaccelerates from the summer slowdown but not enough to offset the tightening of financial conditions from higher back end rates and less liquidity in the system. In addition to the anticipated tapering of asset purchases later this year, we point to the fact that the Treasury's General Account (TGA) has fallen by $1T since March (Exhibit 3).\n\n\nWhile this has been a good offset to the decelerating M2 growth (Exhibit 4), that offset is probably finished now. Bottom line, this is the time of the mid cycle transition when P/Es for the broader index properly contract (Exhibit 5).\n\nPiling on the pessimism, Wilson then notes that \"there are several key variables we are monitoring that currently support a view for a worse than expected growth deceleration.\"\n\nFirst is NTM earnings estimates.Even if the economy rebounds in 4Q from the slowdown this summer, it likely won't translate into higher earnings estimates as incremental margins rollover due to higher costs and taxes. This is the mirror image of the past year when costs were being eliminated as revenues benefitted greatly from the fiscal stimulus. Indeed, NTM EPS estimates for the S&P 500 appear to have been flattening out over the past month after a record recovery to levels that are 20% above the prior peak (Exhibit 6). This will be critical to watch as we enter 3Q earnings season and companies update investors on costs/margins and potential payback in demand from the consumption binge earlier this year.\n\nAnother way to analyze this rate of change on earnings momentum is to look atearnings revision breadth (or ERB), which Wilson thinks is vulnerable to a simple reversion to the mean from today's very elevated levels of +2 standard deviations (Exhibit 7).If earnings revision breadth (ERB) normalizes to its average over the next 3 months, the S&P should fall approximately 11%.If the ERB falls toward 1 standard deviation below average, the S&P 500 should fall 19%, and at -2 standard deviations, the S&P 500 falls 27% (Exhibit 8).\n\n\nSecond, and as discussed here most recently on Friday, consumer confidence has recently fallen sharply.It started with the University of Michigan survey plummeting in August to lower levels than we witnessed during the entire pandemic and recession last year. While the Conference Board Consumer Confidence Survey remained elevated in July, it saw a big catch up to the downside in August as well. According to Wilson,these surveys are important variables because they have strong positive correlations to the y/y change in the S&P 500.In other words,based on the UMich survey, the S&P 500 appears vulnerable to at least a 10-20% correction if the survey doesn't improve next month.\n\nHere, Morgan Stanley's view is that \"consumers aren't as naïve as they are often made out to be. They know the last year has been a bit of a bonanza working from home while receiving stimulus checks from the government that many didn't need (85% of all Americans received stimulus checks).\" Meanwhile, prices of everything are up a lot just as the extra money has stopped going out. That's a bad combo for sentiment and supports not only our stagflation thesis, but also Morgan Stanley's expectation of payback in demand view and underweight on Consumer Discretionary stocks, particularly goods-related ones.\nFinally, while Wilson concedes that many businesses have done extremely well during the pandemic, \"the trends here are also likely to subside\"and the best way to gauge the fadiing momentum in businesses will come from the Purchasing Manager Surveys. While earlier this year we reached record highs in many of the subcomponents, much like economic surprise indices and earnings revision breadth measures, the PMIs are mean reverting. Indeed, as Wilson - who used PMI data to cement his mid-cycle thesis - the peak rate of change was in April just as the PMIs peaked as well. Most importantly, as we observed previously,the prices paid component (inverted) leads the headline by approximately 12 months and suggests the decline in the PMIs will likely be worse than typically witnessed during the mid-cycle transition phase – i.e., back toward 50, if not lower(Exhibit 10).This, as Morgan Stanley points out, would imply the Headline PMI is down 10-20% y/y by December: \"Given a tight relationship with the y/y change in the S&P 500, the implication is that the S&P could see at least a 10-20% decline over the next 3 months (Exhibit 11).\"\nBottom line according to Wilson, the typical \"fire\" outcome would lead to a modest and healthy 10% correction in the S&P 500, but\"the \"ice\" scenario is starting to look more likely, in our opinion, and could result in a more destructive and unexpected outcome.\"As a result, we continue to recommend a barbell of more defensively oriented quality (Healthcare and Staples) to protect from the \"ice\" scenario while keeping a leg in Financials to participate in the \"fire\" outcome should higher rates materialize.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860717806,"gmtCreate":1632212546606,"gmtModify":1676530726200,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860717806","repostId":"1141548942","repostType":4,"repost":{"id":"1141548942","kind":"news","pubTimestamp":1632210732,"share":"https://ttm.financial/m/news/1141548942?lang=en_US&edition=fundamental","pubTime":"2021-09-21 15:52","market":"us","language":"en","title":"Boeing Stock: The Bullish Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1141548942","media":"Seeking Alpha","summary":"Summary\n\nSingle aisle aircraft forecast exceeds pre-pandemic levels.\nProjections for wide body aircr","content":"<p><b>Summary</b></p>\n<ul>\n <li>Single aisle aircraft forecast exceeds pre-pandemic levels.</li>\n <li>Projections for wide body aircraft are still down 8% compared to pre-pandemic levels.</li>\n <li>The long-term trend remains directed upward.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b350943f97fd9c0222325dc4e2f24be1\" tg-width=\"1536\" tg-height=\"927\" referrerpolicy=\"no-referrer\"><span>Stephen Brashear/Getty Images News</span></p>\n<p>Boeing(NYSE:BA)&nbsp;has provided its 20-year commercial market outlook on the 14thof September. Last year Boeing provided the outlook in early October and it was extremely interesting outlook to analyze and it showed the expected impact on demand for commercial aircraft. At this time last year, airlines had tried to bring their capacities back to 50%-70% after cutting it by 90% in Q1 2020. With vaccines rolled out, there has been some optimism regarding the pace of the recovery though revenue passenger-kilometers are still expected to be down around 60% in 2021.</p>\n<p>So, with the new projections available it's interesting to see how the realities of RPKs still being down around 60%, but with vaccinations programs underway, affects the projections for aircraft deliveries. The commercial market outlooks always contain a lot of information, so it's likely we will be spending numerous reports on this subject. In this report, we will focus on several subjects in particular. Those are the demand profile by aircraft body type and how those have changed with respect to last year in the 20-year frame. Additionally, we also will be considering to the 10-year frame as it gives an idea whether progress has been made such that projections are trending up again for the 10-year period.</p>\n<p><b>Boeing expects equal weight value recovery</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04386b75b027b62564361d89fe7d498f\" tg-width=\"640\" tg-height=\"372\" referrerpolicy=\"no-referrer\"><span>Figure 1: Commercial Market Outlook Boeing 2020 and 2021 (Source: AeroAnalysis)</span></p>\n<p>Figure 1 provides a tiny bit of context on how the 20-year forecast has developed since last year. Overall, the outlook has increased by 500 units from 43,110 expected deliveries to 43,610. That number is still down 430 units from the 2019 CMO, which we consider a baseline that Boeing and the industry would want to return to. So, what does the number mean? With over half of the decline compared to the baseline being recaptured in this year’s outlook, Boeing seems to be expecting a very fast market recovery for aircraft.</p>\n<p>Late 2024 is what Cirium, a data analytics provider for the aviation industry, is using as their baseline, and Boeing seems to be expecting a stronger recovery that's in line with expectations from IATA. Following the path from small aircraft to bigger aircraft, Boeing expects the recovery to be completed by 2023-2024. So, Boeing is expecting the recovery to take at least a year less.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/14eebcedb640b76fe8af7b3f979de273\" tg-width=\"640\" tg-height=\"221\" referrerpolicy=\"no-referrer\"><span>Source: Boeing</span></p>\n<p>With that assumption comes a downward revision of 40 units for regional jet deliveries. The longer the recovery takes, the more prominent the role of the regional jets would be. While Boeing’s assumptions on the recovery have not changed drastically, it seems that optimism on the recovery trajectory goes at the expense of regional jet forecasts as using bigger planes might becoming more compelling once again. Single aisle delivery forecasts were hiked by 390 units covering nearly 80% of the hike compared to last year. It seems like a huge deal, but one should consider that on monthly production levels it equates to slightly more than 1.5 aircraft, and assuming a perfect split between Boeing and Airbus which is optimistic this would mean that new projections support the delivery of roughly one additional single aisle jet per month. So, a big increase in absolute numbers but in relative sense it is very small around 1%. What's more interesting is that the outlook for single aisle aircraft already is above the 2019 levels.</p>\n<p>More interesting to look at is what happened to wide body projections. Last year the projections for wide body aircraft deliveries were dropped by 10%. This year, it is up by 190 units. Given that a widebody aircraft sells for 2-3 times the value of a single aisle jet, we can conclude that in terms of value the wide body passenger aircraft and single aisle aircraft have equal contributions to the hiked forecast but wide body deliveries remain down 8% from the baseline. What also should be considered is that around 360 aircraft wide body aircraft have been retired early according to our own research. With that in mind, one would have hoped for a stronger hike in the expected wide body deliveries. So, the wide body market is really showing that full recovery is still going to take a while but it should also be mentioned that the current projections leave a lot of room for increases in production rates on the wide body programs.</p>\n<p>For the wide body freighter market, the forecast was reduced by 40 units year-over-year and that's interesting because worldwide we're seeing issues with logistics. But it seems that the dedicated freighter market is not expected to benefit over the longer term. There are two explanations for that. The first one is that as international wide body traffic recovers, belly cargo capacity will come online again, and the second explanation is that some passenger aircraft have been converted for freighter services permanently. So, Boeing’s strength in the converted freighter market is biting the company back in the dedicated freighter market.</p>\n<p><b>Boeing's delivery profile remains backloaded</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/91b6dd9a113b82957533ee723e1d143c\" tg-width=\"631\" tg-height=\"543\" referrerpolicy=\"no-referrer\"><span>Source: Boeing</span></p>\n<p>What remains interesting to highlight are the 10-year delivery outlooks. The baseline 10-year outlook has not been specified by Boeing but the airline did say that the 18,350 aircraft deliveries expected over a decade were down 11% compared to the baseline which led to&nbsp;our conclusion&nbsp;that the pandemic will be resulting in a 11% adverse impact over a decade, which is substantial. This year, Boeing expects the 10-year delivery numbers to total 19,330 units marking a 5% increase driven by higher single aisle deliveries (+800) and higher wide body deliveries (+180). Those numbers were expected to be better, signaling the recovery in production and delivery rates with an important role for the Boeing 737 MAX production and delivery ramp and a release of wide body aircraft from inventory. So, the 10-year rolling number improving is not so much related to turning more bullish on the recovery but more that a year with low delivery volumes (last year) disappearing from the rolling number and a year with more deliveries replacing it. So, we cannot say that recovery is accelerating beyond what was earlier thought. Thisalso isdemonstrated by the rise in the 10-year forecasts being 980 units vs. a 500 unit hike in the 20-year forecast.</p>\n<p>So, the numbers are moving in the positive direction. However, what we also have observed is that the delivery profile remains backloaded. In 2019, around 47% of the deliveries were expected in the first half of the 20-year outlook and in 2020 this reduced to 43% only to bump up modestly to 44% in the most recent outlook. Freighters and regional jets are the exception to that trend as reduced demand in the near term somewhat has strengthened the use case for regional jets and the disappearance of belly capacity on wide body aircraft vanished when international passenger transport was reduced significantly, resulting in an uptick in demand for freighter aircraft. While Boeing has had its fair share of headwinds over the past years, the backlog which is visualized in the&nbsp;TAF Boeing Backlog Monitor&nbsp;shows that the jet maker has thousands of aircraft in the order books and more to come in the coming years.</p>\n<p><b>Conclusion</b></p>\n<p>What we're seeing is that Boeing is expecting a return to pre-pandemic conditions roughly a year earlier than some data analytics companies and possibly that's also what Michael O’Leary from Ryanair hinted on when he&nbsp;said&nbsp;he did not share Boeing’s optimistic pricing scenario which without doubt is related to forecast demand. What's most striking to me in the CMO is that wide body demand forecasts are still at a level where I would say investing in Boeing as well Airbus is a no-brainer. Boeing’s forecasts tend to be conservative, so in my view while I'm often critical on Being I do think that for long-term investors there's a lot of reason to invest or remain invested in Boeing as well as Airbus.</p>\n<p>While it seems that Boeing is more positive about the future, it should be noted that the 20-year outlooks are rolling numbers so last year was a year with lower deliveries and in this year’s outlook that year is obviously replaced with a production year 19 years from now when production is expected to be good. So, it's very important to keep in mind that higher anticipated deliveries are not necessarily an indication that recovery timelines have accelerated. However, what the numbers in my view do show is that the commercial aircraft industry is very resilient and for Boeing the art will be to capitalize on the long-term trend and resilience by developing appropriate products.</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>Boeing Stock: The Bullish Outlook</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\">\nBoeing Stock: The Bullish Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 15:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4455910-boeing-stock-the-bullish-outlook><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSingle aisle aircraft forecast exceeds pre-pandemic levels.\nProjections for wide body aircraft are still down 8% compared to pre-pandemic levels.\nThe long-term trend remains directed upward.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4455910-boeing-stock-the-bullish-outlook\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"https://seekingalpha.com/article/4455910-boeing-stock-the-bullish-outlook","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141548942","content_text":"Summary\n\nSingle aisle aircraft forecast exceeds pre-pandemic levels.\nProjections for wide body aircraft are still down 8% compared to pre-pandemic levels.\nThe long-term trend remains directed upward.\n\nStephen Brashear/Getty Images News\nBoeing(NYSE:BA) has provided its 20-year commercial market outlook on the 14thof September. Last year Boeing provided the outlook in early October and it was extremely interesting outlook to analyze and it showed the expected impact on demand for commercial aircraft. At this time last year, airlines had tried to bring their capacities back to 50%-70% after cutting it by 90% in Q1 2020. With vaccines rolled out, there has been some optimism regarding the pace of the recovery though revenue passenger-kilometers are still expected to be down around 60% in 2021.\nSo, with the new projections available it's interesting to see how the realities of RPKs still being down around 60%, but with vaccinations programs underway, affects the projections for aircraft deliveries. The commercial market outlooks always contain a lot of information, so it's likely we will be spending numerous reports on this subject. In this report, we will focus on several subjects in particular. Those are the demand profile by aircraft body type and how those have changed with respect to last year in the 20-year frame. Additionally, we also will be considering to the 10-year frame as it gives an idea whether progress has been made such that projections are trending up again for the 10-year period.\nBoeing expects equal weight value recovery\nFigure 1: Commercial Market Outlook Boeing 2020 and 2021 (Source: AeroAnalysis)\nFigure 1 provides a tiny bit of context on how the 20-year forecast has developed since last year. Overall, the outlook has increased by 500 units from 43,110 expected deliveries to 43,610. That number is still down 430 units from the 2019 CMO, which we consider a baseline that Boeing and the industry would want to return to. So, what does the number mean? With over half of the decline compared to the baseline being recaptured in this year’s outlook, Boeing seems to be expecting a very fast market recovery for aircraft.\nLate 2024 is what Cirium, a data analytics provider for the aviation industry, is using as their baseline, and Boeing seems to be expecting a stronger recovery that's in line with expectations from IATA. Following the path from small aircraft to bigger aircraft, Boeing expects the recovery to be completed by 2023-2024. So, Boeing is expecting the recovery to take at least a year less.\nSource: Boeing\nWith that assumption comes a downward revision of 40 units for regional jet deliveries. The longer the recovery takes, the more prominent the role of the regional jets would be. While Boeing’s assumptions on the recovery have not changed drastically, it seems that optimism on the recovery trajectory goes at the expense of regional jet forecasts as using bigger planes might becoming more compelling once again. Single aisle delivery forecasts were hiked by 390 units covering nearly 80% of the hike compared to last year. It seems like a huge deal, but one should consider that on monthly production levels it equates to slightly more than 1.5 aircraft, and assuming a perfect split between Boeing and Airbus which is optimistic this would mean that new projections support the delivery of roughly one additional single aisle jet per month. So, a big increase in absolute numbers but in relative sense it is very small around 1%. What's more interesting is that the outlook for single aisle aircraft already is above the 2019 levels.\nMore interesting to look at is what happened to wide body projections. Last year the projections for wide body aircraft deliveries were dropped by 10%. This year, it is up by 190 units. Given that a widebody aircraft sells for 2-3 times the value of a single aisle jet, we can conclude that in terms of value the wide body passenger aircraft and single aisle aircraft have equal contributions to the hiked forecast but wide body deliveries remain down 8% from the baseline. What also should be considered is that around 360 aircraft wide body aircraft have been retired early according to our own research. With that in mind, one would have hoped for a stronger hike in the expected wide body deliveries. So, the wide body market is really showing that full recovery is still going to take a while but it should also be mentioned that the current projections leave a lot of room for increases in production rates on the wide body programs.\nFor the wide body freighter market, the forecast was reduced by 40 units year-over-year and that's interesting because worldwide we're seeing issues with logistics. But it seems that the dedicated freighter market is not expected to benefit over the longer term. There are two explanations for that. The first one is that as international wide body traffic recovers, belly cargo capacity will come online again, and the second explanation is that some passenger aircraft have been converted for freighter services permanently. So, Boeing’s strength in the converted freighter market is biting the company back in the dedicated freighter market.\nBoeing's delivery profile remains backloaded\nSource: Boeing\nWhat remains interesting to highlight are the 10-year delivery outlooks. The baseline 10-year outlook has not been specified by Boeing but the airline did say that the 18,350 aircraft deliveries expected over a decade were down 11% compared to the baseline which led to our conclusion that the pandemic will be resulting in a 11% adverse impact over a decade, which is substantial. This year, Boeing expects the 10-year delivery numbers to total 19,330 units marking a 5% increase driven by higher single aisle deliveries (+800) and higher wide body deliveries (+180). Those numbers were expected to be better, signaling the recovery in production and delivery rates with an important role for the Boeing 737 MAX production and delivery ramp and a release of wide body aircraft from inventory. So, the 10-year rolling number improving is not so much related to turning more bullish on the recovery but more that a year with low delivery volumes (last year) disappearing from the rolling number and a year with more deliveries replacing it. So, we cannot say that recovery is accelerating beyond what was earlier thought. Thisalso isdemonstrated by the rise in the 10-year forecasts being 980 units vs. a 500 unit hike in the 20-year forecast.\nSo, the numbers are moving in the positive direction. However, what we also have observed is that the delivery profile remains backloaded. In 2019, around 47% of the deliveries were expected in the first half of the 20-year outlook and in 2020 this reduced to 43% only to bump up modestly to 44% in the most recent outlook. Freighters and regional jets are the exception to that trend as reduced demand in the near term somewhat has strengthened the use case for regional jets and the disappearance of belly capacity on wide body aircraft vanished when international passenger transport was reduced significantly, resulting in an uptick in demand for freighter aircraft. While Boeing has had its fair share of headwinds over the past years, the backlog which is visualized in the TAF Boeing Backlog Monitor shows that the jet maker has thousands of aircraft in the order books and more to come in the coming years.\nConclusion\nWhat we're seeing is that Boeing is expecting a return to pre-pandemic conditions roughly a year earlier than some data analytics companies and possibly that's also what Michael O’Leary from Ryanair hinted on when he said he did not share Boeing’s optimistic pricing scenario which without doubt is related to forecast demand. What's most striking to me in the CMO is that wide body demand forecasts are still at a level where I would say investing in Boeing as well Airbus is a no-brainer. Boeing’s forecasts tend to be conservative, so in my view while I'm often critical on Being I do think that for long-term investors there's a lot of reason to invest or remain invested in Boeing as well as Airbus.\nWhile it seems that Boeing is more positive about the future, it should be noted that the 20-year outlooks are rolling numbers so last year was a year with lower deliveries and in this year’s outlook that year is obviously replaced with a production year 19 years from now when production is expected to be good. So, it's very important to keep in mind that higher anticipated deliveries are not necessarily an indication that recovery timelines have accelerated. However, what the numbers in my view do show is that the commercial aircraft industry is very resilient and for Boeing the art will be to capitalize on the long-term trend and resilience by developing appropriate products.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860717091,"gmtCreate":1632212532513,"gmtModify":1676530726192,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860717091","repostId":"1183568849","repostType":4,"isVote":1,"tweetType":1,"viewCount":3020,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860714422,"gmtCreate":1632212523966,"gmtModify":1676530726202,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860714422","repostId":"1151068672","repostType":4,"isVote":1,"tweetType":1,"viewCount":2656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860714641,"gmtCreate":1632212511983,"gmtModify":1676530726192,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860714641","repostId":"1160840483","repostType":4,"repost":{"id":"1160840483","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":1632214161,"share":"https://ttm.financial/m/news/1160840483?lang=en_US&edition=fundamental","pubTime":"2021-09-21 16:49","market":"us","language":"en","title":"U.S. Stock Futures Advance, Airline shares, Carnival stocks rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1160840483","media":"Tiger Newspress","summary":"(Update: Sept 20, 2021 at 04:49 a.m. ET)\n(Sept 21) U.S. Stock Futures Advance, Airline shares, Carni","content":"<p><i><b>(Update: Sept 20, 2021 at 04:49 a.m. ET)</b></i></p>\n<p>(Sept 21)&nbsp;U.S. Stock Futures Advance, Airline shares, Carnival stocks rally.</p>\n<p><img src=\"https://static.tigerbbs.com/9607d4b938bceb5794ca0672738db43c\" tg-width=\"1230\" tg-height=\"507\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/492800aae703e8bd5f15daf33c8c038e\" tg-width=\"274\" tg-height=\"324\" 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>U.S. Stock Futures Advance, Airline shares, Carnival stocks rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stock Futures Advance, Airline shares, Carnival stocks rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-21 16:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i><b>(Update: Sept 20, 2021 at 04:49 a.m. ET)</b></i></p>\n<p>(Sept 21)&nbsp;U.S. Stock Futures Advance, Airline shares, Carnival stocks rally.</p>\n<p><img src=\"https://static.tigerbbs.com/9607d4b938bceb5794ca0672738db43c\" tg-width=\"1230\" tg-height=\"507\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/492800aae703e8bd5f15daf33c8c038e\" tg-width=\"274\" tg-height=\"324\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160840483","content_text":"(Update: Sept 20, 2021 at 04:49 a.m. ET)\n(Sept 21) U.S. Stock Futures Advance, Airline shares, Carnival stocks rally.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860715570,"gmtCreate":1632212451890,"gmtModify":1676530726175,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CPNG\">$Coupang, Inc.(CPNG)$</a>$$$$","listText":"<a href=\"https://laohu8.com/S/CPNG\">$Coupang, Inc.(CPNG)$</a>$$$$","text":"$Coupang, Inc.(CPNG)$$$$$","images":[{"img":"https://static.tigerbbs.com/86bb74e46b1bf47cc893679d931cad98","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860715570","isVote":1,"tweetType":1,"viewCount":2226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":860979715,"gmtCreate":1632127982537,"gmtModify":1676530706306,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>$$$$","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>$$$$","text":"$NIO Inc.(NIO)$$$$$","images":[{"img":"https://static.tigerbbs.com/81a9989f55e4eca08eee8761371369c0","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860979715","isVote":1,"tweetType":1,"viewCount":2568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":887993886,"gmtCreate":1631953079045,"gmtModify":1676530677480,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887993886","repostId":"2168717845","repostType":4,"isVote":1,"tweetType":1,"viewCount":3211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887993319,"gmtCreate":1631953067731,"gmtModify":1676530677642,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/887993319","repostId":"1197410423","repostType":4,"isVote":1,"tweetType":1,"viewCount":1357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887999218,"gmtCreate":1631953055334,"gmtModify":1676530677465,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/887999218","repostId":"1128389145","repostType":4,"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887999173,"gmtCreate":1631953026592,"gmtModify":1676530677457,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/887999173","repostId":"2168957763","repostType":4,"isVote":1,"tweetType":1,"viewCount":1012,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887999328,"gmtCreate":1631953014864,"gmtModify":1676530677457,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887999328","repostId":"2168716185","repostType":4,"isVote":1,"tweetType":1,"viewCount":1046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887990789,"gmtCreate":1631953004641,"gmtModify":1676530677449,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887990789","repostId":"1171558890","repostType":4,"repost":{"id":"1171558890","kind":"news","pubTimestamp":1631921912,"share":"https://ttm.financial/m/news/1171558890?lang=en_US&edition=fundamental","pubTime":"2021-09-18 07:38","market":"us","language":"en","title":"US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1171558890","media":"renaissancecap...","summary":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billio","content":"<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.</p>\n<p>The largest deal of the week,<b>Freshworks</b>(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&amp;M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.</p>\n<p>Canadian consumer products company&nbsp;<b>Knowlton Development</b>(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.</p>\n<p>Restaurant payment processor&nbsp;<b>Toast</b>(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.</p>\n<p>Global money transfer firm&nbsp;<b>Remitly Global</b>(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.</p>\n<p>Software firm&nbsp;<b>Clearwater Analytics</b>(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.</p>\n<p>Food company&nbsp;<b>Sovos Brands</b>(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.</p>\n<p>Customer engagement software provider&nbsp;<b>EngageSmart</b>(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.</p>\n<p>Hiring solutions provider&nbsp;<b>Sterling Check</b>(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.</p>\n<p>Jewelry retailer&nbsp;<b>Brilliant Earth Group</b>(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.</p>\n<p>Online fashion platform&nbsp;<b>a.k.a. Brands</b>(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&amp;A strategy carries execution risk.</p>\n<p>COVID-19 test maker&nbsp;<b>Cue Health</b>(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.</p>\n<p>London-listed crypto mining company&nbsp;<b>Argo Blockchain</b>(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.</p>\n<p>Personalized supplements seller&nbsp;<b>Thorne Healthtech</b>(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.</p>\n<p>Canadian bank&nbsp;<b>VersaBank</b>(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.</p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 07:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HLTH":"Cue Health Inc.","CWAN":"Clearwater Analytics Holdings, Inc.","RELY":"Remitly Global, Inc.","TOST":"Toast, Inc.","ARBK":"Argo Blockchain Plc","SOVO":"Sovos Brands, Inc.","ESMT":"EngageSmart Inc.","FRSH":"Freshworks","STER":"Sterling Check Corp.","THRN":"Thorne Healthtech","AKA":"a.k.a. Brands Holding Corp.","BRLT":"Brilliant Earth Group, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171558890","content_text":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.\nThe largest deal of the week,Freshworks(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.\nCanadian consumer products company Knowlton Development(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.\nRestaurant payment processor Toast(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.\nGlobal money transfer firm Remitly Global(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.\nSoftware firm Clearwater Analytics(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.\nFood company Sovos Brands(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.\nCustomer engagement software provider EngageSmart(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.\nHiring solutions provider Sterling Check(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.\nJewelry retailer Brilliant Earth Group(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.\nOnline fashion platform a.k.a. Brands(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&A strategy carries execution risk.\nCOVID-19 test maker Cue Health(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.\nLondon-listed crypto mining company Argo Blockchain(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.\nPersonalized supplements seller Thorne Healthtech(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.\nCanadian bank VersaBank(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.","news_type":1,"symbols_score_info":{"SOVO":0.9,"ESMT":0.9,"HLTH":0.9,"KDC":0.9,"AKA":0.9,"RELY":0.9,"BRLT":0.9,"STER":0.9,"CWAN":0.9,"FRSH":0.9,"TOST":0.9,"ARBK":0.9,"THRN":0.9}},"isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887907745,"gmtCreate":1631952934887,"gmtModify":1676530677422,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>$$$$$","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>$$$$$","text":"$NIO Inc.(NIO)$$$$$$","images":[{"img":"https://static.tigerbbs.com/f411e551e02b25dab0f07f3d8dfe4e86","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887907745","isVote":1,"tweetType":1,"viewCount":799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":884137913,"gmtCreate":1631866319832,"gmtModify":1676530656372,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>$$$$","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>$$$$","text":"$NIO Inc.(NIO)$$$$$","images":[{"img":"https://static.tigerbbs.com/981ce6b2bd2989f2a8965b0a6f4bcd32","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884137913","isVote":1,"tweetType":1,"viewCount":879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":885870802,"gmtCreate":1631780163806,"gmtModify":1676530633870,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885870802","repostId":"1132753188","repostType":4,"repost":{"id":"1132753188","kind":"news","pubTimestamp":1631778496,"share":"https://ttm.financial/m/news/1132753188?lang=en_US&edition=fundamental","pubTime":"2021-09-16 15:48","market":"us","language":"en","title":"Amazon's New TVs Are No Threat to Roku","url":"https://stock-news.laohu8.com/highlight/detail?id=1132753188","media":"Motley Fool","summary":"Two analysts argue that Roku will cope just fine with Amazon's new line of Fire TV devices.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>A pair of analysts issued updated analyst notes defending Roku's market leadership following the announcement of Amazon's new line of Fire TV devices.</li>\n <li>Pricing is aggressive, but not as promotional as many had feared. The growing number of TV manufacturers putting out Roku OS-powered smart HDTVs will be just fine.</li>\n <li>The TV is overrated, as much cheaper sticks and dongles are the ultimate gateway to a streaming operating system.</li>\n</ul>\n<p>A cruel summer for&nbsp;<b>Roku</b>(NASDAQ:ROKU)&nbsp;investors seemed to get worse last week when&nbsp;<b>Amazon.com</b>(NASDAQ:AMZN)&nbsp;introduced a new line</p>\n<p>Roku stock has been retreating on the news, and it's easy to see why at first. Amazon is a monster that isn't afraid to subsidize hardware to gain new users. \"Your margin is my opportunity,\" is one of Amazon founder and former CEO Jeff Bezos' most enduring quotes.</p>\n<p>However, a couple of analysts did step up after the Amazon announcement to back up Roku's market position. It may seem like a normal defense mechanism for Roku-bullish Wall Street pros to come to the streaming media pioneer's side, but their arguments do make sense.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2c4537c87920ef2e9f4eb487ed39323\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Going for the power button on the Roku remote control</b></p>\n<p>Making lemonade out of lemons, KeyBanc analyst Justin Patterson claims that Amazon's announcement slides in as an \"incremental positive\" to Roku's competitive position. He doesn't see any material differences between the specs on the new Fire TV devices and what Roku is already offering. He also feels that the third-party manufacturers of smart TVs with Roku's operating system preinstalled match up well on the pricing that Amazon introduced last week. Consumers aren't likely to perceive a need to go with a Fire TV flat-screen, so the rollout won't change the already competitive landscape where Roku is faring so well.</p>\n<p>Nicholas Zangler at Stephens agrees. Fears that Amazon was going to price its smart TVs below cost in an effort to increase the audience for its ecosystem failed to materialize. Amazon may very well have some ridiculous Black Friday and Cyber Monday deals on these sets come late November, but the entire industry is promotional that time of year anyway.</p>\n<p>Roku OS is installed in 38% of the smart TVs shipped in the U.S. market, and that's not likely to change just because Amazon is now making TVs. If anything, Amazon actually making HDTVs may make some of its partners think twice about supporting Fire TV. A big draw for Roku -- for TV manufacturers, streaming service providers, and ultimately consumers -- is its agnosticism. Roku plays nice with thousands of popular apps, and it will continue to be the partner of choice for TV makers, platform operators, and families perched on living room couches.</p>\n<p>We also shouldn't put too much weight on the TV itself. I own a pair of Fire TV HDTVs. They both have Roku dongles in their HDMI ports to fuel my streaming experience. The dongle is the key. These plug-in devices that start as low as $20 are cheap enough to be replaced as needed. They also offer the portability that a TV does not. If you travel, you will quickly embrace the stick over the built-in operating system of a TV.</p>\n<p>Folks also aren't necessarily in the market for a new TV. A TV -- even a smart one -- should last for several years before it needs to be upgraded. A new dongle at less than 10% of the cost of a new set does the trick in most cases.</p>\n<p>It's obvious why Amazon wants Fire TV to be a bigger force here. Roku's&nbsp;55.1 million active users&nbsp;are averaging more than three hours a day of streaming. Marketers also crave ways to reach a streaming audience that spends much of that time on commercial-free services. Ad revenue per user has soared 46% for Roku over the past year, and it will continue to climb as connected TV advertising grows as a chunk of marketing campaign budgets. However, Amazon's just putting out a TV isn't going to unseat Roku from leadership within the ranks of&nbsp;streaming service stocks. If all Amazon does with its new TVs is draw attention to the digital migration process, it could be a win for all the industry players.</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>Amazon's New TVs Are No Threat to Roku</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's New TVs Are No Threat to Roku\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 15:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/15/amazons-new-tvs-are-no-threat-to-roku/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nA pair of analysts issued updated analyst notes defending Roku's market leadership following the announcement of Amazon's new line of Fire TV devices.\nPricing is aggressive, but not as ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/15/amazons-new-tvs-are-no-threat-to-roku/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2021/09/15/amazons-new-tvs-are-no-threat-to-roku/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132753188","content_text":"Key Points\n\nA pair of analysts issued updated analyst notes defending Roku's market leadership following the announcement of Amazon's new line of Fire TV devices.\nPricing is aggressive, but not as promotional as many had feared. The growing number of TV manufacturers putting out Roku OS-powered smart HDTVs will be just fine.\nThe TV is overrated, as much cheaper sticks and dongles are the ultimate gateway to a streaming operating system.\n\nA cruel summer for Roku(NASDAQ:ROKU) investors seemed to get worse last week when Amazon.com(NASDAQ:AMZN) introduced a new line\nRoku stock has been retreating on the news, and it's easy to see why at first. Amazon is a monster that isn't afraid to subsidize hardware to gain new users. \"Your margin is my opportunity,\" is one of Amazon founder and former CEO Jeff Bezos' most enduring quotes.\nHowever, a couple of analysts did step up after the Amazon announcement to back up Roku's market position. It may seem like a normal defense mechanism for Roku-bullish Wall Street pros to come to the streaming media pioneer's side, but their arguments do make sense.\nIMAGE SOURCE: GETTY IMAGES.\nGoing for the power button on the Roku remote control\nMaking lemonade out of lemons, KeyBanc analyst Justin Patterson claims that Amazon's announcement slides in as an \"incremental positive\" to Roku's competitive position. He doesn't see any material differences between the specs on the new Fire TV devices and what Roku is already offering. He also feels that the third-party manufacturers of smart TVs with Roku's operating system preinstalled match up well on the pricing that Amazon introduced last week. Consumers aren't likely to perceive a need to go with a Fire TV flat-screen, so the rollout won't change the already competitive landscape where Roku is faring so well.\nNicholas Zangler at Stephens agrees. Fears that Amazon was going to price its smart TVs below cost in an effort to increase the audience for its ecosystem failed to materialize. Amazon may very well have some ridiculous Black Friday and Cyber Monday deals on these sets come late November, but the entire industry is promotional that time of year anyway.\nRoku OS is installed in 38% of the smart TVs shipped in the U.S. market, and that's not likely to change just because Amazon is now making TVs. If anything, Amazon actually making HDTVs may make some of its partners think twice about supporting Fire TV. A big draw for Roku -- for TV manufacturers, streaming service providers, and ultimately consumers -- is its agnosticism. Roku plays nice with thousands of popular apps, and it will continue to be the partner of choice for TV makers, platform operators, and families perched on living room couches.\nWe also shouldn't put too much weight on the TV itself. I own a pair of Fire TV HDTVs. They both have Roku dongles in their HDMI ports to fuel my streaming experience. The dongle is the key. These plug-in devices that start as low as $20 are cheap enough to be replaced as needed. They also offer the portability that a TV does not. If you travel, you will quickly embrace the stick over the built-in operating system of a TV.\nFolks also aren't necessarily in the market for a new TV. A TV -- even a smart one -- should last for several years before it needs to be upgraded. A new dongle at less than 10% of the cost of a new set does the trick in most cases.\nIt's obvious why Amazon wants Fire TV to be a bigger force here. Roku's 55.1 million active users are averaging more than three hours a day of streaming. Marketers also crave ways to reach a streaming audience that spends much of that time on commercial-free services. Ad revenue per user has soared 46% for Roku over the past year, and it will continue to climb as connected TV advertising grows as a chunk of marketing campaign budgets. However, Amazon's just putting out a TV isn't going to unseat Roku from leadership within the ranks of streaming service stocks. If all Amazon does with its new TVs is draw attention to the digital migration process, it could be a win for all the industry players.","news_type":1,"symbols_score_info":{"ROKU":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885870973,"gmtCreate":1631780153592,"gmtModify":1676530633870,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885870973","repostId":"1170247041","repostType":4,"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885847143,"gmtCreate":1631780111382,"gmtModify":1676530633853,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885847143","repostId":"1173337731","repostType":4,"isVote":1,"tweetType":1,"viewCount":1088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":887999173,"gmtCreate":1631953026592,"gmtModify":1676530677457,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/887999173","repostId":"2168957763","repostType":4,"isVote":1,"tweetType":1,"viewCount":1012,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803596877,"gmtCreate":1627446220599,"gmtModify":1703490136416,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like&nbsp;my comment pls&nbsp;","listText":"Like&nbsp;my comment pls&nbsp;","text":"Like my comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/803596877","repostId":"2154003945","repostType":4,"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887999218,"gmtCreate":1631953055334,"gmtModify":1676530677465,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/887999218","repostId":"1128389145","repostType":4,"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886565212,"gmtCreate":1631606795836,"gmtModify":1676530588284,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/886565212","repostId":"2167582155","repostType":4,"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883595415,"gmtCreate":1631252186237,"gmtModify":1676530509489,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/883595415","repostId":"2166345008","repostType":4,"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174492824,"gmtCreate":1627121222568,"gmtModify":1703484551017,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like my comment pls&nbsp;","listText":"Like my comment pls&nbsp;","text":"Like my comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/174492824","repostId":"1191636755","repostType":4,"repost":{"id":"1191636755","kind":"news","pubTimestamp":1627084309,"share":"https://ttm.financial/m/news/1191636755?lang=en_US&edition=fundamental","pubTime":"2021-07-24 07:51","market":"us","language":"en","title":"Tesla Earnings Are Coming. Here’s the One Number That Matters.","url":"https://stock-news.laohu8.com/highlight/detail?id=1191636755","media":"Barrons","summary":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likel","content":"<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p>\n<p>There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p>\n<p>The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for&nbsp;Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p>\n<p>There are plenty of factors that will contribute to bottom-line earnings—the global&nbsp;semiconductor&nbsp;shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p>\n<p><img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p>\n<p>Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p>\n<p>The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered&nbsp;more than 200,000&nbsp;vehicles in a single quarter.</p>\n<p>After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla&nbsp;beat earnings&nbsp;estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p>\n<p>There is also the issue&nbsp;of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p>\n<p>Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s&nbsp;Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software&nbsp;as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its&nbsp;charging network&nbsp;to other EVs down the road.</p>\n<p>All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&amp;P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</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>Tesla Earnings Are Coming. Here’s the One Number That Matters.</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 Earnings Are Coming. Here’s the One Number That Matters.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 07:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.\nThere are a lot of moving parts, even more than usual for the world’s ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191636755","content_text":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.\nThere are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.\nThe EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.\nThere are plenty of factors that will contribute to bottom-line earnings—the global semiconductor shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.\n\nTesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.\nThe good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered more than 200,000 vehicles in a single quarter.\nAfter earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla beat earnings estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.\nThere is also the issue of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.\nInvestors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its charging network to other EVs down the road.\nAll those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354696795,"gmtCreate":1617164459217,"gmtModify":1704696663723,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like if u long any of them!","listText":"Like if u long any of them!","text":"Like if u long any of them!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/354696795","repostId":"1154884109","repostType":4,"isVote":1,"tweetType":1,"viewCount":492,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175883672,"gmtCreate":1627022167096,"gmtModify":1703482604685,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like my comment pls&nbsp;","listText":"Like my comment pls&nbsp;","text":"Like my comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/175883672","repostId":"1164478982","repostType":4,"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143977916,"gmtCreate":1625758416335,"gmtModify":1703748072964,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like my comment pls&nbsp;","listText":"Like my comment pls&nbsp;","text":"Like my comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143977916","repostId":"2149328960","repostType":4,"repost":{"id":"2149328960","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":1625756309,"share":"https://ttm.financial/m/news/2149328960?lang=en_US&edition=fundamental","pubTime":"2021-07-08 22:58","market":"us","language":"en","title":"Wells Fargo Tells Customers It's Shuttering All Personal Lines Of Credit","url":"https://stock-news.laohu8.com/highlight/detail?id=2149328960","media":"Reuters","summary":"Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has l","content":"<p>Wells Fargo&nbsp;is ending a popular consumer lending product, angering some of its customers, CNBC has learned.</p>\n<p>The bank is shutting down all existing personal lines of credit in coming weeks and no longer offers the product, according to customer letters reviewed by CNBC.</p>\n<p>The revolving credit lines, which typically let users borrow $3,000 to $100,000, were pitched as a way to consolidate higher-interest credit-card debt, pay for home renovations or avoid overdraft fees on linked checking accounts.</p>\n<p>\"Wells Fargo recently reviewed its product offerings and decided to discontinue offering new Personal and Portfolio line of credit accounts and close all existing accounts,\" the bank said in the six-page letter. The move would let the bank focus on credit cards and personal loans, it said.</p>\n<p>Wells Fargo CEOCharles Scharfhas been forced to make difficult decisions during the pandemic,offloadingassets and deposits and stepping back from some products because of limitations imposed by the Federal Reserve. In 2018, the Fed barred Wells Fargo from growing its balance sheet until it fixes compliance shortcomings revealed by thebank's fake accounts scandal.</p>\n<p>The asset cap has ultimately cost the bank billions of dollars in lost earnings, based on the balance sheet growth of rivals includingJPMorgan ChaseandBank of Americaover the past three years, analysts havesaid.</p>\n<p>It has also affected Wells Fargo's customers: Last year, the lender told staff it washalting allnew home equity lines of credit, CNBC reported. Months later, the bank also withdrew from a segment of theauto lending business.</p>\n<p>With its latest move, Wells Fargo warned customers that the account closures \"may have an impact on your credit score,\" according to a Frequently Asked Questions segment of the letter.</p>\n<p>Another part of the FAQ asserted that the account closures couldn't be reviewed or reversed: \"We apologize for the inconvenience this Line of Credit closure will cause,\" the bank said. \"The account closure is final.\"</p>\n<p>\"Simplify offerings\"</p>\n<p>Wells Fargo didn't directly answer questions as to what role, if any, the Fed asset cap played in its latest move.</p>\n<p>The bank gave this statement: \"In an effort to simplify our product offerings, we've made the decision to no longer offer personal lines of credit as we feel we can better meet the borrowing needs of our customers through credit card and personal loan products.\"</p>\n<p>Customers have been given a 60-day notice that their accounts will be shuttered, and remaining balances will require regular minimum payments, according to the statement.</p>\n<p>The move is a strange one given the banking industry's need to boost loan growth.</p>\n<p>After a burst of commercial lending during the early days of the pandemic, loan growth has been hard to muster. Corporations have used money raised in stock and debt issuance to retire bank credit lines, and consumers stuck at home had fewer reasons to use credit cards.</p>\n<p>In fact, last year big banks experienced the first aggregate drop in loans in more than a decade,accordingto Barclays bank analyst Jason Goldberg. Of the four largest U.S. banks, Wells Fargo saw the worst decline.</p>\n<p>After banks saw that borrowers held up far better than they had initially feared, the industry recently began marketingnew credit cardswith large sign-on bonuses in an effort to boost lending.</p>\n<p>Making the switch</p>\n<p>Wells Fargo doesn't disclose how many customers used the credit lines it is eliminating. It had$24.9 billionin loans in a category called \"other consumer\" as of March, which was 26% lower than the year-earlier period.</p>\n<p>One customer said the change is prompting him to switch banks after more than a decade with Wells Fargo. Tim Tomassi, a Portland, Oregon programmer, said that he used a personal line of credit linked to his checking account to avoid expensive overdraft fees.</p>\n<p>\"It's a bit upsetting,\" Tomassi said in a phone interview. \"They're a big bank, and I'm a small person, and it feels like they're making decisions for their bottom line and not for customers. A lot of people are in my position, they need a cushion every once in a while from a line of credit.\"</p>\n<p>Tomassi said he is considering opening an account at&nbsp;Allyor&nbsp;Chime, banking players that don't chargeoverdraft fees.</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>Wells Fargo Tells Customers It's Shuttering All Personal Lines Of Credit</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\">\nWells Fargo Tells Customers It's Shuttering All Personal Lines Of Credit\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\">2021-07-08 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wells Fargo&nbsp;is ending a popular consumer lending product, angering some of its customers, CNBC has learned.</p>\n<p>The bank is shutting down all existing personal lines of credit in coming weeks and no longer offers the product, according to customer letters reviewed by CNBC.</p>\n<p>The revolving credit lines, which typically let users borrow $3,000 to $100,000, were pitched as a way to consolidate higher-interest credit-card debt, pay for home renovations or avoid overdraft fees on linked checking accounts.</p>\n<p>\"Wells Fargo recently reviewed its product offerings and decided to discontinue offering new Personal and Portfolio line of credit accounts and close all existing accounts,\" the bank said in the six-page letter. The move would let the bank focus on credit cards and personal loans, it said.</p>\n<p>Wells Fargo CEOCharles Scharfhas been forced to make difficult decisions during the pandemic,offloadingassets and deposits and stepping back from some products because of limitations imposed by the Federal Reserve. In 2018, the Fed barred Wells Fargo from growing its balance sheet until it fixes compliance shortcomings revealed by thebank's fake accounts scandal.</p>\n<p>The asset cap has ultimately cost the bank billions of dollars in lost earnings, based on the balance sheet growth of rivals includingJPMorgan ChaseandBank of Americaover the past three years, analysts havesaid.</p>\n<p>It has also affected Wells Fargo's customers: Last year, the lender told staff it washalting allnew home equity lines of credit, CNBC reported. Months later, the bank also withdrew from a segment of theauto lending business.</p>\n<p>With its latest move, Wells Fargo warned customers that the account closures \"may have an impact on your credit score,\" according to a Frequently Asked Questions segment of the letter.</p>\n<p>Another part of the FAQ asserted that the account closures couldn't be reviewed or reversed: \"We apologize for the inconvenience this Line of Credit closure will cause,\" the bank said. \"The account closure is final.\"</p>\n<p>\"Simplify offerings\"</p>\n<p>Wells Fargo didn't directly answer questions as to what role, if any, the Fed asset cap played in its latest move.</p>\n<p>The bank gave this statement: \"In an effort to simplify our product offerings, we've made the decision to no longer offer personal lines of credit as we feel we can better meet the borrowing needs of our customers through credit card and personal loan products.\"</p>\n<p>Customers have been given a 60-day notice that their accounts will be shuttered, and remaining balances will require regular minimum payments, according to the statement.</p>\n<p>The move is a strange one given the banking industry's need to boost loan growth.</p>\n<p>After a burst of commercial lending during the early days of the pandemic, loan growth has been hard to muster. Corporations have used money raised in stock and debt issuance to retire bank credit lines, and consumers stuck at home had fewer reasons to use credit cards.</p>\n<p>In fact, last year big banks experienced the first aggregate drop in loans in more than a decade,accordingto Barclays bank analyst Jason Goldberg. Of the four largest U.S. banks, Wells Fargo saw the worst decline.</p>\n<p>After banks saw that borrowers held up far better than they had initially feared, the industry recently began marketingnew credit cardswith large sign-on bonuses in an effort to boost lending.</p>\n<p>Making the switch</p>\n<p>Wells Fargo doesn't disclose how many customers used the credit lines it is eliminating. It had$24.9 billionin loans in a category called \"other consumer\" as of March, which was 26% lower than the year-earlier period.</p>\n<p>One customer said the change is prompting him to switch banks after more than a decade with Wells Fargo. Tim Tomassi, a Portland, Oregon programmer, said that he used a personal line of credit linked to his checking account to avoid expensive overdraft fees.</p>\n<p>\"It's a bit upsetting,\" Tomassi said in a phone interview. \"They're a big bank, and I'm a small person, and it feels like they're making decisions for their bottom line and not for customers. A lot of people are in my position, they need a cushion every once in a while from a line of credit.\"</p>\n<p>Tomassi said he is considering opening an account at&nbsp;Allyor&nbsp;Chime, banking players that don't chargeoverdraft fees.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CUBI":"Customers Bancorp Inc.","WFC":"富国银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149328960","content_text":"Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has learned.\nThe bank is shutting down all existing personal lines of credit in coming weeks and no longer offers the product, according to customer letters reviewed by CNBC.\nThe revolving credit lines, which typically let users borrow $3,000 to $100,000, were pitched as a way to consolidate higher-interest credit-card debt, pay for home renovations or avoid overdraft fees on linked checking accounts.\n\"Wells Fargo recently reviewed its product offerings and decided to discontinue offering new Personal and Portfolio line of credit accounts and close all existing accounts,\" the bank said in the six-page letter. The move would let the bank focus on credit cards and personal loans, it said.\nWells Fargo CEOCharles Scharfhas been forced to make difficult decisions during the pandemic,offloadingassets and deposits and stepping back from some products because of limitations imposed by the Federal Reserve. In 2018, the Fed barred Wells Fargo from growing its balance sheet until it fixes compliance shortcomings revealed by thebank's fake accounts scandal.\nThe asset cap has ultimately cost the bank billions of dollars in lost earnings, based on the balance sheet growth of rivals includingJPMorgan ChaseandBank of Americaover the past three years, analysts havesaid.\nIt has also affected Wells Fargo's customers: Last year, the lender told staff it washalting allnew home equity lines of credit, CNBC reported. Months later, the bank also withdrew from a segment of theauto lending business.\nWith its latest move, Wells Fargo warned customers that the account closures \"may have an impact on your credit score,\" according to a Frequently Asked Questions segment of the letter.\nAnother part of the FAQ asserted that the account closures couldn't be reviewed or reversed: \"We apologize for the inconvenience this Line of Credit closure will cause,\" the bank said. \"The account closure is final.\"\n\"Simplify offerings\"\nWells Fargo didn't directly answer questions as to what role, if any, the Fed asset cap played in its latest move.\nThe bank gave this statement: \"In an effort to simplify our product offerings, we've made the decision to no longer offer personal lines of credit as we feel we can better meet the borrowing needs of our customers through credit card and personal loan products.\"\nCustomers have been given a 60-day notice that their accounts will be shuttered, and remaining balances will require regular minimum payments, according to the statement.\nThe move is a strange one given the banking industry's need to boost loan growth.\nAfter a burst of commercial lending during the early days of the pandemic, loan growth has been hard to muster. Corporations have used money raised in stock and debt issuance to retire bank credit lines, and consumers stuck at home had fewer reasons to use credit cards.\nIn fact, last year big banks experienced the first aggregate drop in loans in more than a decade,accordingto Barclays bank analyst Jason Goldberg. Of the four largest U.S. banks, Wells Fargo saw the worst decline.\nAfter banks saw that borrowers held up far better than they had initially feared, the industry recently began marketingnew credit cardswith large sign-on bonuses in an effort to boost lending.\nMaking the switch\nWells Fargo doesn't disclose how many customers used the credit lines it is eliminating. It had$24.9 billionin loans in a category called \"other consumer\" as of March, which was 26% lower than the year-earlier period.\nOne customer said the change is prompting him to switch banks after more than a decade with Wells Fargo. Tim Tomassi, a Portland, Oregon programmer, said that he used a personal line of credit linked to his checking account to avoid expensive overdraft fees.\n\"It's a bit upsetting,\" Tomassi said in a phone interview. \"They're a big bank, and I'm a small person, and it feels like they're making decisions for their bottom line and not for customers. A lot of people are in my position, they need a cushion every once in a while from a line of credit.\"\nTomassi said he is considering opening an account at Allyor Chime, banking players that don't chargeoverdraft fees.","news_type":1,"symbols_score_info":{"CUBI":0.9,"WFC":0.9}},"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154381304,"gmtCreate":1625479701008,"gmtModify":1703742442717,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"themes":[],"htmlText":"Like my comment pls","listText":"Like my comment pls","text":"Like my comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/154381304","repostId":"1127009378","repostType":4,"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}