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2022-04-29

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Tiger Chart｜From $5000 to $122 Billion: Buffett's Legendary Life

2022-04-21

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After-Hours Stock Movers: United Airlines, Tesla Gain; Alcoa, Lam Research Sink

2022-04-19

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2022-04-19

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Hot Chinese ADRs Continued to Tumble in Morning Trading, with Pinduoduo and Li Auto Falling Over 4%

2022-04-15

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Tesla Stock Drops After Elon Musk Offers to Buy Twitter. This Is Why.

2022-04-15

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Amazon CEO Jassy Released His First Annual Shareholder Letter since Taking over from Bezos

2022-04-13

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Nvidia Shares Jumped Nearly 2% in Morning Trading

2022-04-11

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Elon Musk Decides Not to Join Twitter Board

2022-03-30

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TuSimple Lands 350 Unit Reservation From Loadsmith

2022-03-29

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Novo Nordisk's Ozempic Drug Gets FDA Approval for 2 Milligram Dose to Treat Type 2 Diabetes

2022-03-28

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Palantir: It Has A Invisible Glass Ceiling?

2022-03-25

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Nio Earnings Miss Estimates Amid Supply Pressures

2022-03-24

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Tesla Stock Briefly Exceeded $1,000. Exactly Why Is a Puzzle.

2022-03-23

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3 Beaten-Down Tech Stocks With Up to 223% Upside, According to Wall Street

2022-03-22

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US STOCKS-Wall Street Ends Lower after Powell's Hawkish Remarks

2022-03-21

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10 Highest-Yielding Dividend Aristocrat Stocks for Uncertain Times as Interest Rates Rise and Economic Growth Slows

2022-03-19

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Schlumberger Suspends New Investment and Technology Deployment to Russia Operations

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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":1651199428,"share":"https://ttm.financial/m/news/1155052120?lang=&edition=fundamental","pubTime":"2022-04-29 10:30","market":"us","language":"en","title":"Tiger Chart｜From $5000 to $122 Billion: Buffett's Legendary Life","url":"https://stock-news.laohu8.com/highlight/detail?id=1155052120","media":"Tiger Newspress","summary":"Berkshire shareholders' meeting is coming. The “Oracle of Omaha” turns 91 in 2022 and his wealth rea","content":"<html><head></head><body><p>Berkshire shareholders&#39; meeting is coming. The “Oracle of Omaha” turns 91 in 2022 and his wealth reachs $122 billion, making him one of the five richest people in the world.</p><p>Legendary investor Warren Buffett was born Aug. 30, 1930. Buffett has been one of the greatest investors of the last six decades and remains the active chairman of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B).<img src=\"https://static.tigerbbs.com/014dea49b550039c32864bcd82b9427b\" tg-width=\"1080\" tg-height=\"1224\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Chart｜From $5000 to $122 Billion: Buffett's Legendary Life</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\">\nTiger Chart｜From $5000 to $122 Billion: Buffett's Legendary Life\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-29 10:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Berkshire shareholders&#39; meeting is coming. The “Oracle of Omaha” turns 91 in 2022 and his wealth reachs $122 billion, making him one of the five richest people in the world.</p><p>Legendary investor Warren Buffett was born Aug. 30, 1930. Buffett has been one of the greatest investors of the last six decades and remains the active chairman of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B).<img src=\"https://static.tigerbbs.com/014dea49b550039c32864bcd82b9427b\" tg-width=\"1080\" tg-height=\"1224\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155052120","content_text":"Berkshire shareholders' meeting is coming. The “Oracle of Omaha” turns 91 in 2022 and his wealth reachs $122 billion, making him one of the five richest people in the world.Legendary investor Warren Buffett was born Aug. 30, 1930. Buffett has been one of the greatest investors of the last six decades and remains the active chairman of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B).","news_type":1},"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082058500,"gmtCreate":1650504531245,"gmtModify":1676534740208,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082058500","repostId":"2229975108","repostType":4,"repost":{"id":"2229975108","kind":"news","pubTimestamp":1650497183,"share":"https://ttm.financial/m/news/2229975108?lang=&edition=fundamental","pubTime":"2022-04-21 07:26","market":"us","language":"en","title":"After-Hours Stock Movers: United Airlines, Tesla Gain; Alcoa, Lam Research Sink","url":"https://stock-news.laohu8.com/highlight/detail?id=2229975108","media":"StreetInsider","summary":"After-Hours Stock Movers:Carvana Co. (NYSE: CVNA) 4% HIGHER; posted Q1 EPS of ($2.89), $1.47 worse t","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/9609a375d55501d49f219b3fd7adbb75\" tg-width=\"200\" tg-height=\"134\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><b>After-Hours Stock Movers:</b></p><p><a href=\"https://laohu8.com/S/CVNA\">Carvana Co.</a> (NYSE: CVNA) 4% HIGHER; posted Q1 EPS of ($2.89), $1.47 worse than the analyst estimate of ($1.42). Revenue was $3.5 billion versus the consensus estimate of $3.39 billion.  The company also announced a $1 billion stock offering.</p><p>United Airlines (NASDAQ: UAL) 8% HIGHER; reported Q1 EPS of ($4.24), $0.03 worse than the analyst estimate of ($4.21). Revenue for the quarter came in at $7.57 billion versus the consensus estimate of $7.68 billion.</p><p><a href=\"https://laohu8.com/S/SNBR\">Sleep Number Corporation</a> (NASDAQ: SNBR) 6% LOWER;  Q1 EPS came in at $0.09, $0.24 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $527 million versus the consensus estimate of $534.4 million. Sleep Number is looking for FY2022 EPS of $5.00-$6.00, versus the consensus of $5.77.</p><p>Tesla (NASDAQ: TSLA) 5% HIGHER; posted Q1 EPS of $3.22, well above the consensus of $2.26. Revenue was $18.8 billion versus the consensus estimate of $17.8 billion.</p><p>Alcoa (NYSE: AA) 5% LOWER; posted Q1 EPS of $3.06, versus the $2.77. Revenue was $3.29 billion, which was below the consensus of $3.41 billion.</p><p>CSX Corp. (NASDAQ: CSX) 2% HIGHER; reported Q1 EPS of $0.39, versus the consensus of $0.39. Revenue was $3.41 billion versus the consensus estimate of $3.34 billion.</p><p>Lam Research (NASDAQ: LRCX) 2% LOWER; reported Q2 EPS of $7.40, $0.11 worse than the analyst estimate of $7.51. Revenue for the quarter came in at $4.06 billion versus the consensus estimate of $4.25 billion. Lam Research sees Q3 2022 EPS of $6.50-$8.00, versus the consensus of $8.24. Lam Research sees Q3 2022 revenue of $3.9-4.5 billion, versus the consensus of $4.46 billion.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After-Hours Stock Movers: United Airlines, Tesla Gain; Alcoa, Lam Research Sink</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Stock Movers: United Airlines, Tesla Gain; Alcoa, Lam Research Sink\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 07:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19937734><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:Carvana Co. (NYSE: CVNA) 4% HIGHER; posted Q1 EPS of ($2.89), $1.47 worse than the analyst estimate of ($1.42). Revenue was $3.5 billion versus the consensus estimate of $3.39...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19937734\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4574":"无人驾驶","BK4153":"铝","BK4551":"寇图资本持仓","BK4581":"高盛持仓","BK4099":"汽车制造商","BK4511":"特斯拉概念","TSLA":"特斯拉","BK4548":"巴美列捷福持仓","CVNA":"Carvana Co.","AA":"美国铝业","BK4008":"航空公司","BK4534":"瑞士信贷持仓","BK4214":"汽车零售","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4503":"景林资产持仓","BK4527":"明星科技股","BK4500":"航空公司","BK4550":"红杉资本持仓","UAL":"联合大陆航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19937734","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2229975108","content_text":"After-Hours Stock Movers:Carvana Co. (NYSE: CVNA) 4% HIGHER; posted Q1 EPS of ($2.89), $1.47 worse than the analyst estimate of ($1.42). Revenue was $3.5 billion versus the consensus estimate of $3.39 billion.  The company also announced a $1 billion stock offering.United Airlines (NASDAQ: UAL) 8% HIGHER; reported Q1 EPS of ($4.24), $0.03 worse than the analyst estimate of ($4.21). Revenue for the quarter came in at $7.57 billion versus the consensus estimate of $7.68 billion.Sleep Number Corporation (NASDAQ: SNBR) 6% LOWER;  Q1 EPS came in at $0.09, $0.24 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $527 million versus the consensus estimate of $534.4 million. Sleep Number is looking for FY2022 EPS of $5.00-$6.00, versus the consensus of $5.77.Tesla (NASDAQ: TSLA) 5% HIGHER; posted Q1 EPS of $3.22, well above the consensus of $2.26. Revenue was $18.8 billion versus the consensus estimate of $17.8 billion.Alcoa (NYSE: AA) 5% LOWER; posted Q1 EPS of $3.06, versus the $2.77. Revenue was $3.29 billion, which was below the consensus of $3.41 billion.CSX Corp. (NASDAQ: CSX) 2% HIGHER; reported Q1 EPS of $0.39, versus the consensus of $0.39. Revenue was $3.41 billion versus the consensus estimate of $3.34 billion.Lam Research (NASDAQ: LRCX) 2% LOWER; reported Q2 EPS of $7.40, $0.11 worse than the analyst estimate of $7.51. Revenue for the quarter came in at $4.06 billion versus the consensus estimate of $4.25 billion. Lam Research sees Q3 2022 EPS of $6.50-$8.00, versus the consensus of $8.24. Lam Research sees Q3 2022 revenue of $3.9-4.5 billion, versus the consensus of $4.46 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088420774,"gmtCreate":1650377121619,"gmtModify":1676534708676,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088420774","repostId":"1129709504","repostType":4,"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088420404,"gmtCreate":1650377103393,"gmtModify":1676534708668,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ik","listText":"Ik","text":"Ik","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088420404","repostId":"1129709504","repostType":4,"repost":{"id":"1129709504","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":1650376096,"share":"https://ttm.financial/m/news/1129709504?lang=&edition=fundamental","pubTime":"2022-04-19 21:48","market":"us","language":"en","title":"Hot Chinese ADRs Continued to Tumble in Morning Trading, with Pinduoduo and Li Auto Falling Over 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1129709504","media":"Tiger Newspress","summary":"Hot Chinese ADRs continued to tumble in morning trading, with Pinduoduo and Li Auto falling over 4%.","content":"<html><head></head><body><p>Hot Chinese ADRs continued to tumble in morning trading, with Pinduoduo and Li Auto falling over 4%.<img src=\"https://static.tigerbbs.com/f2f134c82485f3f20d3a899ea788f974\" tg-width=\"312\" tg-height=\"355\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Continued to Tumble in Morning Trading, with Pinduoduo and Li Auto Falling Over 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Chinese ADRs Continued to Tumble in Morning Trading, with Pinduoduo and Li Auto Falling Over 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-19 21:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs continued to tumble in morning trading, with Pinduoduo and Li Auto falling over 4%.<img src=\"https://static.tigerbbs.com/f2f134c82485f3f20d3a899ea788f974\" tg-width=\"312\" tg-height=\"355\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129709504","content_text":"Hot Chinese ADRs continued to tumble in morning trading, with Pinduoduo and Li Auto falling over 4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089656428,"gmtCreate":1649989472290,"gmtModify":1676534623768,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089656428","repostId":"1184928708","repostType":4,"repost":{"id":"1184928708","kind":"news","pubTimestamp":1649985712,"share":"https://ttm.financial/m/news/1184928708?lang=&edition=fundamental","pubTime":"2022-04-15 09:21","market":"us","language":"en","title":"Tesla Stock Drops After Elon Musk Offers to Buy Twitter. This Is Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1184928708","media":"Barrons","summary":"Tesla CEO Elon Musk offered to buy social- media platform Twitter on Thursday, sending shares of the","content":"<html><head></head><body><p>Tesla CEO Elon Musk offered to buy social- media platform Twitter on Thursday, sending shares of the electric-vehicle maker lower.</p><p>Investors might be worried about distraction for Musk as Tesla (ticker: TSLA) ramps up production at new plants, but there are other potential concerns as well.</p><p>Twitter (TWTR) stock rose early in the day, but closed in the red, falling 1.7% to $45.08 a share. That price is far away from Musk’s $54.20 offering price—a number that hints a Musk’s fondness for marijuana memes. Tesla (TSLA) stock fell 3.7% to close at $985 a share.</p><p>The early move in Twitter stock added about $1 billion in market value. The company closed the day worth about $600 million less. The move in Tesla stock, which is roughly 25 times more valuable, took away about $38.6 billion in value. Combined, the companies are worth less after the bid.</p><p>The move in Twitter means that investors think it is likely that Twitter’s board will reject Musk’s bid. Musk, for his part, said this was his best offer in his communications with Twitter leadership.</p><p>Still, Twitter investors are probably happy with Musk, even if they are nervous Thursday. Twitter stock has risen about 15% since Musk disclosed his stake in the social-media platform. Tesla investors have little to celebrate. The stock is down more than 9% over the same span, while the S&amp;P 500 and Nasdaq Composite are off about 3% and 6%, respectively.</p><p>Tesla stock is typically more volatile than the market. That is one reason shares are down more. But Tesla investors might also be a little concerned about what Twitter means for Musk.</p><p>There is the possibility of distraction. Twitter might steal Musk’s focus away from Tesla during a time when EV sales are ramping up across the globe. Tesla is expected to see rapidly rising sales—and competition—in coming years.</p><p>The distraction might also be making investors consider who could run Tesla other than Musk. Roth Capital analyst Craig Irwin told <i>Barron’s</i> that Tesla is Musk and Musk is Tesla. He doesn’t believe there is another executive at the company that can drive Tesla forward like Musk can.</p><p>The other reason Tesla stock might be down is that Musk might have to pay for Twitter with Tesla stock. Don’t forget that Tesla stock dropped a quick 16% in the two days following a Twitter poll Musk ran asking if he should sell 10% of his Tesla stake to pay taxes on unrealized capital gains.</p><p>The Twitter-verse said “yes” and Musk sold more than 15 million shares, worth more than $16 billion. Tesla stock still hasn’t reached its pre-poll high of more than $1,200 a share. Tesla stock’s 52-week high, at $1,243.49, was set just a few days before the poll ran. Tesla stock is at about $986 in midday trading.</p><p>Selling large blocks of stock can result in outsize price moves in any share. It isn’t easy to place a lot of stock. At the offer price of $54.20, and accounting for what Musk already owns, buying Twitter would take roughly 40 million shares of Tesla. That is a lot of stock.</p><p>Of course, perhaps Musk could buy Twitter without selling shares. He could borrow against his Twitter stake, with the loan secured with his Tesla position. That isn’t an unconventional idea.</p><p>It would avoid outright selling of Tesla shares. Musk “can line up a private equity backer or lenders who can provide leverage,” says Future Fund Active ETF founder and portfolio manager Gary Black. “He can sell some SpaceX shares. He doesn’t necessarily have to sell more [Tesla] stock.”</p><p>Tesla stock might also be down, because the idea that richest man in the world buying one of the largest social media platforms on the planet is hard for investors to fathom.</p><p>“Wild man!!” is what one Wall Street analyst said when asked for his thoughts on the bid. The Musk-Twitter situation is Wall Street drama at its finest.</p></body></html>","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 Stock Drops After Elon Musk Offers to Buy Twitter. This Is Why.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Drops After Elon Musk Offers to Buy Twitter. This Is Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-15 09:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-elon-musk-twitter-51649936184?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla CEO Elon Musk offered to buy social- media platform Twitter on Thursday, sending shares of the electric-vehicle maker lower.Investors might be worried about distraction for Musk as Tesla (ticker...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-elon-musk-twitter-51649936184?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-elon-musk-twitter-51649936184?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184928708","content_text":"Tesla CEO Elon Musk offered to buy social- media platform Twitter on Thursday, sending shares of the electric-vehicle maker lower.Investors might be worried about distraction for Musk as Tesla (ticker: TSLA) ramps up production at new plants, but there are other potential concerns as well.Twitter (TWTR) stock rose early in the day, but closed in the red, falling 1.7% to $45.08 a share. That price is far away from Musk’s $54.20 offering price—a number that hints a Musk’s fondness for marijuana memes. Tesla (TSLA) stock fell 3.7% to close at $985 a share.The early move in Twitter stock added about $1 billion in market value. The company closed the day worth about $600 million less. The move in Tesla stock, which is roughly 25 times more valuable, took away about $38.6 billion in value. Combined, the companies are worth less after the bid.The move in Twitter means that investors think it is likely that Twitter’s board will reject Musk’s bid. Musk, for his part, said this was his best offer in his communications with Twitter leadership.Still, Twitter investors are probably happy with Musk, even if they are nervous Thursday. Twitter stock has risen about 15% since Musk disclosed his stake in the social-media platform. Tesla investors have little to celebrate. The stock is down more than 9% over the same span, while the S&P 500 and Nasdaq Composite are off about 3% and 6%, respectively.Tesla stock is typically more volatile than the market. That is one reason shares are down more. But Tesla investors might also be a little concerned about what Twitter means for Musk.There is the possibility of distraction. Twitter might steal Musk’s focus away from Tesla during a time when EV sales are ramping up across the globe. Tesla is expected to see rapidly rising sales—and competition—in coming years.The distraction might also be making investors consider who could run Tesla other than Musk. Roth Capital analyst Craig Irwin told Barron’s that Tesla is Musk and Musk is Tesla. He doesn’t believe there is another executive at the company that can drive Tesla forward like Musk can.The other reason Tesla stock might be down is that Musk might have to pay for Twitter with Tesla stock. Don’t forget that Tesla stock dropped a quick 16% in the two days following a Twitter poll Musk ran asking if he should sell 10% of his Tesla stake to pay taxes on unrealized capital gains.The Twitter-verse said “yes” and Musk sold more than 15 million shares, worth more than $16 billion. Tesla stock still hasn’t reached its pre-poll high of more than $1,200 a share. Tesla stock’s 52-week high, at $1,243.49, was set just a few days before the poll ran. Tesla stock is at about $986 in midday trading.Selling large blocks of stock can result in outsize price moves in any share. It isn’t easy to place a lot of stock. At the offer price of $54.20, and accounting for what Musk already owns, buying Twitter would take roughly 40 million shares of Tesla. That is a lot of stock.Of course, perhaps Musk could buy Twitter without selling shares. He could borrow against his Twitter stake, with the loan secured with his Tesla position. That isn’t an unconventional idea.It would avoid outright selling of Tesla shares. Musk “can line up a private equity backer or lenders who can provide leverage,” says Future Fund Active ETF founder and portfolio manager Gary Black. “He can sell some SpaceX shares. He doesn’t necessarily have to sell more [Tesla] stock.”Tesla stock might also be down, because the idea that richest man in the world buying one of the largest social media platforms on the planet is hard for investors to fathom.“Wild man!!” is what one Wall Street analyst said when asked for his thoughts on the bid. The Musk-Twitter situation is Wall Street drama at its finest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089658340,"gmtCreate":1649989432130,"gmtModify":1676534623724,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089658340","repostId":"1180070798","repostType":4,"repost":{"id":"1180070798","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":1649989327,"share":"https://ttm.financial/m/news/1180070798?lang=&edition=fundamental","pubTime":"2022-04-15 10:22","market":"us","language":"en","title":"Amazon CEO Jassy Released His First Annual Shareholder Letter since Taking over from Bezos","url":"https://stock-news.laohu8.com/highlight/detail?id=1180070798","media":"Tiger Newspress","summary":"Amazon CEO Andy Jassy on Thursday published his first annual shareholder letter since taking over th","content":"<html><head></head><body><p>Amazon CEO Andy Jassy on Thursday published his first annual shareholder letter since taking over the helm from founder Jeff Bezos last year.</p><p>Jassy detailed the enormous growth Amazon experienced during the coronavirus pandemic and the logistics, supply chain and labor challenges it faced as it tried to navigate the global crisis.</p><p>“We realized the equivalent of three years’ forecasted growth in about 15 months,” said Jassy, who took over the role of CEO from Bezos in July 2021.</p><p>Jassy pledged to reduce injury rates among frontline workers.He said the company was helping reduce the time workers spend doing the same repetitive motions, has issued wearable devices that warn employees when they’re moving in an unsafe fashion and provided training.</p><p>The CEO also took investors through Amazon’s pandemic experience, laying out the company’s heavy spending on logistics to meet a sudden surge in online shopping, which he said was comparable to cramming three years’ of forecasted growth at the consumer division into about 15 months. </p><p>Before becoming CEO of Amazon, Jassy led Amazon Web Services Inc., the company’s cloud computing business. Jassy dedicated a portion of the shareholder letter to discussing some of the business decisions that helped AWS become the industry’s top cloud provider. The executive also shared an update on AWS’ chip development efforts, revealing that cloud instances powered by its homegrown Graviton2 chip have been adopted by 48 of the top 50 Amazon EC2 customers.</p><p>The company’s supply chain is an especially major focus. Amazon had 253 fulfillment centers, 110 sortation centers and 467 delivery stations in North America at the end 2021, Jassy detailed in the letter, along with more than 600 additional logistics facilities around the world.</p><p><b>You can read the letter in full below:</b></p><p>Dear shareholders:</p><p>Over the past 25 years at Amazon, I&#39;ve had the opportunity to write many narratives, emails, letters, and keynotes for employees, customers, and partners. But, this is the first time I&#39;ve had the honor of writing our annual shareholder letter as CEO of Amazon. Jeff set the bar high on these letters, and I will try to keep them worth reading.</p><p>When the pandemic started in early 2020, few people thought it would be as expansive or long-running as it&#39;s been. Whatever role Amazon played in the world up to that point became further magnified as most physical venues shut down for long periods of time and people spent their days at home. This meant that hundreds of millions of people relied on Amazon for PPE, food, clothing, and various other items that helped them navigate this unprecedented time. Businesses and governments also had to shift, practically overnight, from working with colleagues and technology on-premises to working remotely. AWS played a major role in enabling this business continuity. Whether companies saw extraordinary demand spikes, or demand diminish quickly with reduced external consumption, the cloud&#39;s elasticity to scale capacity up and down quickly, as well as AWS&#39;s unusually broad functionality helped millions of companies adjust to these difficult circumstances.</p><p>Our AWS and Consumer businesses have had different demand trajectories during the pandemic. In the first year of the pandemic, AWS revenue continued to grow at a rapid clip—30% year over year (&#34;YoY&#34;) in 2020 on a $35 billion annual revenue base in 2019—but slower than the 37% YoY growth in 2019. This was due in part to the uncertainty and slowing demand that so many businesses encountered, but also in part to our helping companies optimize their AWS footprint to save money. Concurrently, companies were stepping back and determining what they wanted to change coming out of the pandemic. Many concluded that they didn&#39;t want to continue managing their technology infrastructure themselves, and made the decision to accelerate their move to the cloud. This shift by so many companies (along with the economy recovering) helped re-accelerate AWS&#39;s revenue growth to 37% YoY in 2021.</p><p>Conversely, our Consumer revenue grew dramatically in 2020. In 2020, Amazon&#39;s North America and International Consumer revenue grew 39% YoY on the very large 2019 revenue base of $245 billion; and, this extraordinary growth extended into 2021 with revenue increasing 43% YoY in Q1 2021. These are astounding numbers. We realized the equivalent of three years&#39; forecasted growth in about 15 months.</p><p>As the world opened up again starting in late Q2 2021, and more people ventured out to eat, shop, and travel, consumer spending returned to being spread over many more entities. We weren&#39;t sure what to expect in 2021, but the fact that we continued to grow at double digit rates (with a two-year Consumer compounded annual growth rate of 29%) was encouraging as customers appreciated the role Amazon played for them during the pandemic, and started using Amazon for a larger amount of their household purchases.</p><p>This growth also created short-term logistics and cost challenges. We spent Amazon&#39;s first 25 years building a very large fulfillment network, and then had to double it in the last 24 months to meet customer demand. As we were bringing this new capacity online, the labor market tightened considerably, making it challenging both to receive all of the inventory our vendors and sellers wanted to send us and to place that inventory as close to customers as we typically do. Combined with ocean, air, and trucking capacity becoming scarcer and more expensive, this created extra transportation and productivity costs. Supply chains were disrupted in ways none of us had seen previously. We hoped that the major impact from COVID-19 would recede as 2021 drew to a close, but then omicron reared its head in December, which had worldwide ramifications, including impacting people&#39;s ability to work. And then in late February, with Russia&#39;s invasion of Ukraine, fuel costs and inflation became bigger issues with which to contend.</p><p>So, 2021 was a crazy and unpredictable year, continuing a trend from 2020. But, I&#39;m proud of the incredible commitment and effort from our employees all over the world. I&#39;m not sure any of us would have gotten through the pandemic the same way without the dedication and extraordinary efforts shown by our teams during this period, and I&#39;m eternally grateful.</p><p>It&#39;s not normal for a company of any size to be able to respond to something as discontinuous and unpredictable as this pandemic turned out to be. What is it about Amazon that made it possible for us to do so? It&#39;s because we weren&#39;t starting from a standing start. We had been iterating on and remaking our fulfillment capabilities for nearly two decades. In every business we pursue, we&#39;re constantly experimenting and inventing. We&#39;re divinely discontented with customer experiences, whether they&#39;re our own or not. We believe these customer experiences can always be better, and we strive to make customers&#39; lives better and easier every day. The beauty of this mission is that you never run out of runway; customers always want better, and our job is both to listen to their feedback and to imagine what else is possible and invent on their behalf.</p><p>People often assume that the game-changing inventions they admire just pop out of somebody&#39;s head, a light bulb goes off, a team executes to that idea, and presto—you have a new invention that&#39;s a breakaway success for a long time. That&#39;s rarely, if ever, how it happens. One of the lesser known facts about innovative companies like Amazon is that they are relentlessly debating, re-defining, tinkering, iterating, and experimenting to take the seed of a big idea and make it into something that resonates with customers and meaningfully changes their customer experience over a long period of time.</p><p>Let me give you some Amazon examples.</p><p><b>Our Fulfillment Network:</b> Going back to the pandemic, there&#39;s no way we could have started working on our fulfillment network in March 2020 and satisfied anything close to what our customers needed. We&#39;d been innovating in our fulfillment network for 20 years, constantly trying to shorten the time to get items to customers. In the early 2000s, it took us an average of 18 hours to get an item through our fulfillment centers and on the right truck for shipment. Now, it takes us two. To deliver as reliably and cost-effectively as we desire, and to serve Amazon Prime members expecting shipments in a couple of days, we spent years building out an expansive set of fulfillment centers, a substantial logistics and transportation capability, and reconfigured how we did virtually everything in our facilities. For perspective, in 2004, we had seven fulfillment centers in the U.S. and four in other parts of the world, and we hadn&#39;t yet added delivery stations, which connect our fulfillment and sortation centers to the last-mile delivery vans you see driving around your neighborhood. Fast forward to the end of 2021, we had 253 fulfillment centers, 110 sortation centers, and 467 delivery stations in North America, with an additional 157 fulfillment centers, 58 sortation centers, and 588 delivery stations across the globe. Our delivery network grew to more than 260,000 drivers worldwide, and our Amazon Air cargo fleet has more than 100 aircraft. This has represented a capital investment of over $100 billion and countless iterations and small process improvements by over a million Amazonians in the last decade and a half.</p><p>Ironically, just before COVID started, we&#39;d made the decision to invest billions of incremental dollars over several years to deliver an increasing number of Prime shipments in one day. This initiative was slowed by the challenges of the pandemic, but we&#39;ve since resumed our focus here. Delivering a substantial amount of shipments in one day is hard (especially across the millions of items that we offer) and initially expensive as we build out the infrastructure to scale this efficiently. But, we believe our over 200 million Prime customers, who will tell you very clearly that faster is almost always better, will love this. So, this capability to ship millions of items within a couple days (and increasingly one day) was not from one aha moment and not developed in a year or two. It&#39;s been hard-earned by putting ourselves in the shoes of our customers, knowing what they wanted, organizing Amazonians to work together to invent better solutions, and investing a large amount of financial and people resources over 20 years (often well in advance of when it would payout). This type of iterative innovation is never finished and has periodic peaks in investment years, but leads to better long-term customer experiences, customer loyalty, and returns for our shareholders.</p><p><b>AWS:</b>As we were defining AWS and working backwards on the services we thought customers wanted, we kept triggering one of the biggest tensions in product development—where to draw the line on functionality in V1. One early meeting in particular—for our core compute service called Elastic Compute Cloud (&#34;EC2&#34;)—was scheduled for an hour, and took three, as we animatedly debated whether we could launch a compute service without an accompanying persistent block storage companion (a form of network attached storage). Everybody agreed that having a persistent block store was important to a complete compute service; however, to have one ready would take an extra year. The question became could we offer customers a useful service where they could get meaningful value before we had all the features we thought they wanted? We decided that the initial launch of EC2 could be feature-poor if we also organized ourselves to listen to customers and iterate quickly. This approach works well if you indeed iterate quickly; but, is disastrous if you can&#39;t. We launched EC2 in 2006 with one instance size, in one data center, in one region of the world, with Linux operating system instances only (no Windows), without monitoring, load balancing, auto-scaling, or yes, persistent storage. EC2 was an initial success, but nowhere near the multi-billion-dollar service it&#39;s become until we added the missing capabilities listed above, and then some.</p><p>In the early days of AWS, people sometimes asked us why compute wouldn&#39;t just be an undifferentiated commodity. But, there&#39;s a lot more to compute than just a server. Customers want various flavors of compute (e.g. server configurations optimized for storage, memory, high-performance compute, graphics rendering, machine learning), multiple form factors (e.g. fixed instance sizes, portable containers, serverless functions), various sizes and optimizations of persistent storage, and a slew of networking capabilities. Then, there&#39;s the CPU chip that runs in your compute. For many years, the industry had used Intel or AMDx86 processors. We have important partnerships with these companies, but realized that if we wanted to push price and performance further (as customers requested), we&#39;d have to develop our own chips, too. Our first generalized chip was Graviton, which we announced in 2018. This helped a subset of customer workloads run more cost-effectively than prior options. But, it wasn&#39;t until 2020, after taking the learnings from Graviton and innovating on a new chip, that we had something remarkable with our Graviton2 chip, which provides up to 40% better price-performance than the comparable latest generation x86 processors. Think about how much of an impact 40% improvement on compute is. Compute is used for every bit of technology. That&#39;s a huge deal for customers. And, while Graviton2 has been a significant success thus far (48 of the top 50 AWS EC2 customers have already adopted it), the AWS Chips team was already learning from what customers said could be better, and announced Graviton3 this past December (offering a 25% improvement on top of Graviton2&#39;s relative gains). The list of what we&#39;ve invented and delivered for customers in EC2 (and AWS in general) is pretty mind-boggling, and this iterative approach to innovation has not only given customers much more functionality in AWS than they can find anywhere else (which is a significant differentiator), but also allowed us to arrive at the much more game-changing offering that AWS is today.</p><p><b>Devices:</b> Our first foray into devices was the Kindle, released in 2007. It was not the most sophisticated industrial design (it was creamy white in color and the corners were uncomfortable for some people to hold), but revolutionary because it offered customers the ability to download any of over 90,000 books (now millions) in 60 seconds—and we got better and faster at building attractive designs. Shortly thereafter, we launched a tablet, and then a phone (with the distinguishing feature of having front-facing cameras and a gyroscope to give customers a dynamic perspective along with varied 3D experiences). The phone was unsuccessful, and though we determined we were probably too late to this party and directed these resources elsewhere, we hired some fantastic long-term builders and learned valuable lessons from this failure that have served us well in devices like Echo and FireTV.</p><p>When I think of the first Echo device—and what Alexa could do for customers at that point—it was noteworthy, yet so much less capable than what’s possible today. Today, there are hundreds of millions of Alexa-enabled devices out there (in homes, offices, cars, hotel rooms, Amazon Echo devices, and third-party manufacturer devices); you can listen to music—or watch videos now; you can control your lights and home automation; you can create routines like “Start My Day” where Alexa tells you the weather, your estimated commute time based on current traffic, then plays the news; you can easily order retail items on Amazon; you can get general or customized news, updates on sporting events and related stats—and we’re still quite early with respect to what Alexa and Alexa-related devices will do for customers. Our goal is for Alexa to be the world’s most helpful and resourceful personal assistant, who makes people’s lives meaningfully easier and better. We have a lot more inventing and iterating to go, but customers continue to indicate that we’re on the right path. We have several other devices at varying stages of evolution (e.g. Ring and Blink provide the leading digital home security solutions, Astro is a brand new home robot that we just launched in late 2021), but it’s safe to say that every one of our devices, whether you’re talking about Kindle, FireTV, Alexa/Echo, Ring, Blink, or Astro is an invention-in-process with a lot more coming that will keep improving customers’ lives.</p><p><b>Prime Video:</b> We started in 2006 with an offering called Amazon Unbox where customers could download about a thousand movies from major studios. This made sense as bandwidth was slower those days (it would take an hour to download a video). But, as bandwidth got much faster to people’s homes and mobile devices, along with the advent of connected TVs, streaming was going to be a much better customer solution, and we focused our efforts on streaming. In 2011, we started offering over 5,000 streaming movies and shows as part of customers’ Amazon Prime subscriptions. Initially, all of our content was produced by other studios and entertainment companies. These deals were expensive, country-specific, and only available to us for a limited period; so, to expand our options, we started creating our own original shows. Our early efforts included short-lived shows like <i>Alpha House</i> and <i>Betas</i>, before we had our first award-winning series in <i>Transparent</i>, and eventually created multi-year franchises in <i>The Marvelous Mrs. Maisel</i>, <i>The Boys</i>, <i>Bosch</i>, and <i>Jack Ryan</i>. Along the way, we’ve learned a lot about producing compelling entertainment with memorable moments and using machine learning and other inventive technology to provide a superior-quality streaming experience (with useful, relevant data about actors, TV shows, movies, music, or sports stats a click away in our unique X-Ray feature). You might have seen some of this in action in our recent new hit series, <i>Reacher</i>, and you’ll hopefully see it in our upcoming Lord of the Rings series launch (coming Labor Day 2022). We also expect that you’ll see this iterative invention when we launch <i>Thursday Night Football</i>, the NFL’s first weekly, prime time, streaming-only broadcast, airing exclusively on Prime Video starting in September 2022. Our agreement with the NFL is for 11 years, and we will work relentlessly over the next several years to reinvent the NFL viewing experience for football fans.</p><p>This track record of frequent invention is not only why more sports entities are choosing to work with Prime Video, but also why so many large entertainment companies have become Prime Video Channels partners. Channels is a program that enables entertainment companies to leverage Prime Video’s unique technology and viewing experience, as well as its very large member base to offer monthly subscriptions to their content. Companies like Warner Bros. Discovery, Paramount, Starz, Corus Entertainment, and Globo have found that they’re driving substantial incremental membership and better customer experience through Channels. While there is so much progress in Prime Video from where we started, we have more invention in front of us in the next 15 years than the last 15—and our team is passionately committed to providing customers with the most expansive collection of compelling content anywhere in the world.</p><p>This same sort of iterative invention can be applied to efforts supporting people and communities. Last summer, we added two new Leadership Principles: <b>Strive to be Earth’s Best Employer</b> and<b> Success and Scale Bring Broad Responsibility</b>. These concepts were always implicit at Amazon, but explicit Leadership Principles help us ask ourselves—and empower more Amazonians at all levels to ask—whether we’re living up to these principles.</p><p>For example, more than a million Amazonians work in our fulfillment network. In 2018, we championed the $15 minimum wage (which is more than double the federal minimum wage), but haven’t stopped there. We continued to increase compensation such that our average starting hourly salary is currently over $18. Along with this compensation, we offer very robust benefits, including full health insurance, a 401K plan, up to 20 weeks of parental leave, and full tuition coverage for associates who want to get a college education (whether they remain with us or not). We’re not close to being done in how we improve the lives of our employees. We’ve researched and created a list of what we believe are the top 100 employee experience pain points and are systematically solving them. We’re also passionate about further improving safety in our fulfillment network, with a focus on reducing strains, sprains, falls, and repetitive stress injuries. Our injury rates are sometimes misunderstood. We have operations jobs that fit both the “warehousing” and “courier and delivery” categories. In the last U.S. public numbers, our recordable incident rates were a little higher than the average of our warehousing peers (6.4 vs. 5.5), and a little lower than the average of our courier and delivery peers (7.6 vs. 9.1). This makes us about average relative to peers, but we don’t seek to be average. We want to be best in class. When I first started in my new role, I spent significant time in our fulfillment centers and with our safety team, and hoped there might be a silver bullet that could change the numbers quickly. I didn’t find that. At our scale (we hired over 300,000 people in 2021 alone, many of whom were new to this sort of work and needed training), it takes rigorous analysis, thoughtful problem-solving, and a willingness to invent to get to where you want. We’ve been dissecting every process path to discern how we can further improve. We have a variety of programs in flight (e.g. rotational programs that help employees avoid spending too much time doing the same repetitive motions, wearables that prompt employees when they’re moving in a dangerous way, improved shoes to provide better toe protection, training programs on body mechanics, wellness, and safety practices). But, we still have a ways to go, and we’ll approach it like we do other customer experiences—we’ll keep learning, inventing, and iterating until we have more transformational results. We won’t be satisfied until we do.</p><p>Similarly, at our scale, we have a significant carbon footprint. It’s a big part of why we created The Climate Pledge a few years ago (a pledge to be net-zero carbon by 2040, ten years ahead of the Paris Agreement). We’re making significant progress on this effort (we’re committed to powering our operations with 100% renewable energy by 2025—five years ahead of our original target of 2030, we have ordered over 100,000 electric vans to deliver packages, and have over 300 companies who’ve joined us in The Climate Pledge). But, we have a different challenge than most companies given the diversity and intensity of our operations (including shipping billions of packages per year). We’re committed to the challenge, but it will take relentless invention.</p><p>We also are trying to increase the amount of affordable housing in the communities in which we have a large presence. Our more than $2 billion Housing Equity Fund that we started a year ago has already allocated $1.2 billion toward affordable housing initiatives in the areas around Washington state’s Puget Sound region, Arlington (Virginia), and Nashville (Tennessee).</p><p>A final quick example is Kuiper, our low Earth orbit satellite network that we’re spending over $10 billion to build in the next several years. Kuiper will serve customers with minimal to no fixed broadband connectivity, changing access to information and resources for many communities (analysts estimate approximately 300-400 million customers globally are in this category). We’re optimistic that there is a pretty good business model for us too, but we’ll see—and it’s a real game changer for underserved families and businesses that will unfold over many years as we keep evolving its capabilities.</p><p>This type of iterative innovation is pervasive across every team at Amazon. I could have given comparable examples in Advertising, Grocery, Gaming, Amazon Music, Amazon Care (our telemedicine offering), or Pharmacy, to name a few. All of these stories are still being written as we rapidly experiment, learn, and continue to try to make our customer experience better every day.</p><p>If this approach sounds appealing, a natural question is what’s required to get good at it? It’s easier said than done, but here are some components that have helped us:</p><p>1/ <b>Hire the Right Builders</b>: We disproportionately index in hiring builders. We think of builders as people who like to invent, who look at customer experiences, dissect what doesn’t work well about them, and seek to reinvent them. We want people who keep asking why can’t it be done? We want people who like to experiment and tinker, and who realize launch is the starting line, not the finish line.</p><p>2/ <b>Organize Builders into Teams That Are as Separable and Autonomous as Possible</b>: It’s hard for teams to be deep in what customers care about in multiple areas. It’s also hard to spend enough time on the new initiatives when there’s resource contention with the more mature businesses; the surer bets usually win out. Single-threaded teams will know their customers’ needs better, spend all their waking work hours inventing for them, and develop context and tempo to keep iterating quickly.</p><p>3/ <b>Give Teams the Right Tools and Permission to Move Fast</b>: Speed is not pre-ordained. It’s a leadership choice. It has trade-offs, but you can’t wake up one day and start moving fast. It requires having the right tools to experiment and build fast (a major part of why we started AWS), allowing teams to make two-way door decisions themselves, and setting an expectation that speed matters. And, it does. Speed is disproportionally important to every business at every stage of its evolution. Those that move slower than their competitive peers fall away over time.</p><p>4/ <b>You Need Blind Faith, But No False Hope</b>: This is a lyric from one of my favorite Foo Fighters songs (“Congregation”). When you invent, you come up with new ideas that people will reject because they haven’t been done before (that’s where the blind faith comes in), but it’s also important to step back and make sure you have a viable plan that’ll resonate with customers (avoid false hope). We’re lucky that we have builders who challenge each other, feedback loops that give us access to customer feedback, and a product development process of working backwards from the customer where having to write a Press Release (to flesh out the customer benefits) and a Frequently Asked Questions document (to detail how we’d build it) helps us have blind faith without false hope (at least usually).</p><p>5/ <b>Define a Minimum Loveable Product (MLP), and Be Willing to Iterate Fast</b>: Figuring out where to draw the line for launch is one of the most difficult decisions teams must make. Often, teams wait too long, and insist on too many bells and whistles, before launching. And, they miss the first mover advantage or opportunity to build mindshare in fast-moving market segments before well-executing peers get too far ahead. The launch product must be good enough that you believe it’ll be loved from the get-go (why we call it a “Minimum Loveable Product” vs. a “Minimum Viable Product”), but in newer market segments, teams are often better off getting this MLP to customers and iterating quickly thereafter.</p><p>6/ <b>Adopt a Long-term Orientation</b>: We’re sometimes criticized at Amazon for not shutting much down. It’s true that we have a longer tolerance for our investments than most companies. But, we know that transformational invention takes multiple years, and if you’re making big bets that you believe could substantially change customer experience (and your company), you have to be in it for the long-haul or you’ll give up too quickly.</p><p>7/ <b>Brace Yourself for Failure</b>: If you invent a lot, you will fail more often than you wish. Nobody likes this part, but it comes with the territory. When it’s clear that we’ve launched something that won’t work, we make sure we’ve learned from what didn’t go well, and secure great landing places for team members who delivered well—or your best people will hesitate to work on new initiatives.</p><p>Albert Einstein is sometimes credited with describing compound interest as the eighth wonder of the world (“He who understands it, earns it. He who doesn’t, pays it”). We think of iterative innovation in much the same way. Iterative innovation creates magic for customers. Constantly inventing and improving products for customers has a compounding effect on the customer experience, and in turn on a business’s prospects.</p><p>Time is your friend when you are compounding gains. Amazon is a big company with some large businesses, but it’s still early days for us. We will continue to be insurgent—inventing in businesses that we’re in, in new businesses that we’ve yet to launch, and in new ideas that we haven’t even imagined yet. It remains Day 1.</p><p>Sincerely,</p><p>Andy Jassy</p><p>President and Chief Executive Officer</p><p>Amazon.com, Inc.</p><p>P.S. As we have always done, our original 1997 Shareholder Letter follows. What’s written there is as true today as it was in 1997.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon CEO Jassy Released His First Annual Shareholder Letter since Taking over from Bezos</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 CEO Jassy Released His First Annual Shareholder Letter since Taking over from Bezos\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-15 10:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Amazon CEO Andy Jassy on Thursday published his first annual shareholder letter since taking over the helm from founder Jeff Bezos last year.</p><p>Jassy detailed the enormous growth Amazon experienced during the coronavirus pandemic and the logistics, supply chain and labor challenges it faced as it tried to navigate the global crisis.</p><p>“We realized the equivalent of three years’ forecasted growth in about 15 months,” said Jassy, who took over the role of CEO from Bezos in July 2021.</p><p>Jassy pledged to reduce injury rates among frontline workers.He said the company was helping reduce the time workers spend doing the same repetitive motions, has issued wearable devices that warn employees when they’re moving in an unsafe fashion and provided training.</p><p>The CEO also took investors through Amazon’s pandemic experience, laying out the company’s heavy spending on logistics to meet a sudden surge in online shopping, which he said was comparable to cramming three years’ of forecasted growth at the consumer division into about 15 months. </p><p>Before becoming CEO of Amazon, Jassy led Amazon Web Services Inc., the company’s cloud computing business. Jassy dedicated a portion of the shareholder letter to discussing some of the business decisions that helped AWS become the industry’s top cloud provider. The executive also shared an update on AWS’ chip development efforts, revealing that cloud instances powered by its homegrown Graviton2 chip have been adopted by 48 of the top 50 Amazon EC2 customers.</p><p>The company’s supply chain is an especially major focus. Amazon had 253 fulfillment centers, 110 sortation centers and 467 delivery stations in North America at the end 2021, Jassy detailed in the letter, along with more than 600 additional logistics facilities around the world.</p><p><b>You can read the letter in full below:</b></p><p>Dear shareholders:</p><p>Over the past 25 years at Amazon, I&#39;ve had the opportunity to write many narratives, emails, letters, and keynotes for employees, customers, and partners. But, this is the first time I&#39;ve had the honor of writing our annual shareholder letter as CEO of Amazon. Jeff set the bar high on these letters, and I will try to keep them worth reading.</p><p>When the pandemic started in early 2020, few people thought it would be as expansive or long-running as it&#39;s been. Whatever role Amazon played in the world up to that point became further magnified as most physical venues shut down for long periods of time and people spent their days at home. This meant that hundreds of millions of people relied on Amazon for PPE, food, clothing, and various other items that helped them navigate this unprecedented time. Businesses and governments also had to shift, practically overnight, from working with colleagues and technology on-premises to working remotely. AWS played a major role in enabling this business continuity. Whether companies saw extraordinary demand spikes, or demand diminish quickly with reduced external consumption, the cloud&#39;s elasticity to scale capacity up and down quickly, as well as AWS&#39;s unusually broad functionality helped millions of companies adjust to these difficult circumstances.</p><p>Our AWS and Consumer businesses have had different demand trajectories during the pandemic. In the first year of the pandemic, AWS revenue continued to grow at a rapid clip—30% year over year (&#34;YoY&#34;) in 2020 on a $35 billion annual revenue base in 2019—but slower than the 37% YoY growth in 2019. This was due in part to the uncertainty and slowing demand that so many businesses encountered, but also in part to our helping companies optimize their AWS footprint to save money. Concurrently, companies were stepping back and determining what they wanted to change coming out of the pandemic. Many concluded that they didn&#39;t want to continue managing their technology infrastructure themselves, and made the decision to accelerate their move to the cloud. This shift by so many companies (along with the economy recovering) helped re-accelerate AWS&#39;s revenue growth to 37% YoY in 2021.</p><p>Conversely, our Consumer revenue grew dramatically in 2020. In 2020, Amazon&#39;s North America and International Consumer revenue grew 39% YoY on the very large 2019 revenue base of $245 billion; and, this extraordinary growth extended into 2021 with revenue increasing 43% YoY in Q1 2021. These are astounding numbers. We realized the equivalent of three years&#39; forecasted growth in about 15 months.</p><p>As the world opened up again starting in late Q2 2021, and more people ventured out to eat, shop, and travel, consumer spending returned to being spread over many more entities. We weren&#39;t sure what to expect in 2021, but the fact that we continued to grow at double digit rates (with a two-year Consumer compounded annual growth rate of 29%) was encouraging as customers appreciated the role Amazon played for them during the pandemic, and started using Amazon for a larger amount of their household purchases.</p><p>This growth also created short-term logistics and cost challenges. We spent Amazon&#39;s first 25 years building a very large fulfillment network, and then had to double it in the last 24 months to meet customer demand. As we were bringing this new capacity online, the labor market tightened considerably, making it challenging both to receive all of the inventory our vendors and sellers wanted to send us and to place that inventory as close to customers as we typically do. Combined with ocean, air, and trucking capacity becoming scarcer and more expensive, this created extra transportation and productivity costs. Supply chains were disrupted in ways none of us had seen previously. We hoped that the major impact from COVID-19 would recede as 2021 drew to a close, but then omicron reared its head in December, which had worldwide ramifications, including impacting people&#39;s ability to work. And then in late February, with Russia&#39;s invasion of Ukraine, fuel costs and inflation became bigger issues with which to contend.</p><p>So, 2021 was a crazy and unpredictable year, continuing a trend from 2020. But, I&#39;m proud of the incredible commitment and effort from our employees all over the world. I&#39;m not sure any of us would have gotten through the pandemic the same way without the dedication and extraordinary efforts shown by our teams during this period, and I&#39;m eternally grateful.</p><p>It&#39;s not normal for a company of any size to be able to respond to something as discontinuous and unpredictable as this pandemic turned out to be. What is it about Amazon that made it possible for us to do so? It&#39;s because we weren&#39;t starting from a standing start. We had been iterating on and remaking our fulfillment capabilities for nearly two decades. In every business we pursue, we&#39;re constantly experimenting and inventing. We&#39;re divinely discontented with customer experiences, whether they&#39;re our own or not. We believe these customer experiences can always be better, and we strive to make customers&#39; lives better and easier every day. The beauty of this mission is that you never run out of runway; customers always want better, and our job is both to listen to their feedback and to imagine what else is possible and invent on their behalf.</p><p>People often assume that the game-changing inventions they admire just pop out of somebody&#39;s head, a light bulb goes off, a team executes to that idea, and presto—you have a new invention that&#39;s a breakaway success for a long time. That&#39;s rarely, if ever, how it happens. One of the lesser known facts about innovative companies like Amazon is that they are relentlessly debating, re-defining, tinkering, iterating, and experimenting to take the seed of a big idea and make it into something that resonates with customers and meaningfully changes their customer experience over a long period of time.</p><p>Let me give you some Amazon examples.</p><p><b>Our Fulfillment Network:</b> Going back to the pandemic, there&#39;s no way we could have started working on our fulfillment network in March 2020 and satisfied anything close to what our customers needed. We&#39;d been innovating in our fulfillment network for 20 years, constantly trying to shorten the time to get items to customers. In the early 2000s, it took us an average of 18 hours to get an item through our fulfillment centers and on the right truck for shipment. Now, it takes us two. To deliver as reliably and cost-effectively as we desire, and to serve Amazon Prime members expecting shipments in a couple of days, we spent years building out an expansive set of fulfillment centers, a substantial logistics and transportation capability, and reconfigured how we did virtually everything in our facilities. For perspective, in 2004, we had seven fulfillment centers in the U.S. and four in other parts of the world, and we hadn&#39;t yet added delivery stations, which connect our fulfillment and sortation centers to the last-mile delivery vans you see driving around your neighborhood. Fast forward to the end of 2021, we had 253 fulfillment centers, 110 sortation centers, and 467 delivery stations in North America, with an additional 157 fulfillment centers, 58 sortation centers, and 588 delivery stations across the globe. Our delivery network grew to more than 260,000 drivers worldwide, and our Amazon Air cargo fleet has more than 100 aircraft. This has represented a capital investment of over $100 billion and countless iterations and small process improvements by over a million Amazonians in the last decade and a half.</p><p>Ironically, just before COVID started, we&#39;d made the decision to invest billions of incremental dollars over several years to deliver an increasing number of Prime shipments in one day. This initiative was slowed by the challenges of the pandemic, but we&#39;ve since resumed our focus here. Delivering a substantial amount of shipments in one day is hard (especially across the millions of items that we offer) and initially expensive as we build out the infrastructure to scale this efficiently. But, we believe our over 200 million Prime customers, who will tell you very clearly that faster is almost always better, will love this. So, this capability to ship millions of items within a couple days (and increasingly one day) was not from one aha moment and not developed in a year or two. It&#39;s been hard-earned by putting ourselves in the shoes of our customers, knowing what they wanted, organizing Amazonians to work together to invent better solutions, and investing a large amount of financial and people resources over 20 years (often well in advance of when it would payout). This type of iterative innovation is never finished and has periodic peaks in investment years, but leads to better long-term customer experiences, customer loyalty, and returns for our shareholders.</p><p><b>AWS:</b>As we were defining AWS and working backwards on the services we thought customers wanted, we kept triggering one of the biggest tensions in product development—where to draw the line on functionality in V1. One early meeting in particular—for our core compute service called Elastic Compute Cloud (&#34;EC2&#34;)—was scheduled for an hour, and took three, as we animatedly debated whether we could launch a compute service without an accompanying persistent block storage companion (a form of network attached storage). Everybody agreed that having a persistent block store was important to a complete compute service; however, to have one ready would take an extra year. The question became could we offer customers a useful service where they could get meaningful value before we had all the features we thought they wanted? We decided that the initial launch of EC2 could be feature-poor if we also organized ourselves to listen to customers and iterate quickly. This approach works well if you indeed iterate quickly; but, is disastrous if you can&#39;t. We launched EC2 in 2006 with one instance size, in one data center, in one region of the world, with Linux operating system instances only (no Windows), without monitoring, load balancing, auto-scaling, or yes, persistent storage. EC2 was an initial success, but nowhere near the multi-billion-dollar service it&#39;s become until we added the missing capabilities listed above, and then some.</p><p>In the early days of AWS, people sometimes asked us why compute wouldn&#39;t just be an undifferentiated commodity. But, there&#39;s a lot more to compute than just a server. Customers want various flavors of compute (e.g. server configurations optimized for storage, memory, high-performance compute, graphics rendering, machine learning), multiple form factors (e.g. fixed instance sizes, portable containers, serverless functions), various sizes and optimizations of persistent storage, and a slew of networking capabilities. Then, there&#39;s the CPU chip that runs in your compute. For many years, the industry had used Intel or AMDx86 processors. We have important partnerships with these companies, but realized that if we wanted to push price and performance further (as customers requested), we&#39;d have to develop our own chips, too. Our first generalized chip was Graviton, which we announced in 2018. This helped a subset of customer workloads run more cost-effectively than prior options. But, it wasn&#39;t until 2020, after taking the learnings from Graviton and innovating on a new chip, that we had something remarkable with our Graviton2 chip, which provides up to 40% better price-performance than the comparable latest generation x86 processors. Think about how much of an impact 40% improvement on compute is. Compute is used for every bit of technology. That&#39;s a huge deal for customers. And, while Graviton2 has been a significant success thus far (48 of the top 50 AWS EC2 customers have already adopted it), the AWS Chips team was already learning from what customers said could be better, and announced Graviton3 this past December (offering a 25% improvement on top of Graviton2&#39;s relative gains). The list of what we&#39;ve invented and delivered for customers in EC2 (and AWS in general) is pretty mind-boggling, and this iterative approach to innovation has not only given customers much more functionality in AWS than they can find anywhere else (which is a significant differentiator), but also allowed us to arrive at the much more game-changing offering that AWS is today.</p><p><b>Devices:</b> Our first foray into devices was the Kindle, released in 2007. It was not the most sophisticated industrial design (it was creamy white in color and the corners were uncomfortable for some people to hold), but revolutionary because it offered customers the ability to download any of over 90,000 books (now millions) in 60 seconds—and we got better and faster at building attractive designs. Shortly thereafter, we launched a tablet, and then a phone (with the distinguishing feature of having front-facing cameras and a gyroscope to give customers a dynamic perspective along with varied 3D experiences). The phone was unsuccessful, and though we determined we were probably too late to this party and directed these resources elsewhere, we hired some fantastic long-term builders and learned valuable lessons from this failure that have served us well in devices like Echo and FireTV.</p><p>When I think of the first Echo device—and what Alexa could do for customers at that point—it was noteworthy, yet so much less capable than what’s possible today. Today, there are hundreds of millions of Alexa-enabled devices out there (in homes, offices, cars, hotel rooms, Amazon Echo devices, and third-party manufacturer devices); you can listen to music—or watch videos now; you can control your lights and home automation; you can create routines like “Start My Day” where Alexa tells you the weather, your estimated commute time based on current traffic, then plays the news; you can easily order retail items on Amazon; you can get general or customized news, updates on sporting events and related stats—and we’re still quite early with respect to what Alexa and Alexa-related devices will do for customers. Our goal is for Alexa to be the world’s most helpful and resourceful personal assistant, who makes people’s lives meaningfully easier and better. We have a lot more inventing and iterating to go, but customers continue to indicate that we’re on the right path. We have several other devices at varying stages of evolution (e.g. Ring and Blink provide the leading digital home security solutions, Astro is a brand new home robot that we just launched in late 2021), but it’s safe to say that every one of our devices, whether you’re talking about Kindle, FireTV, Alexa/Echo, Ring, Blink, or Astro is an invention-in-process with a lot more coming that will keep improving customers’ lives.</p><p><b>Prime Video:</b> We started in 2006 with an offering called Amazon Unbox where customers could download about a thousand movies from major studios. This made sense as bandwidth was slower those days (it would take an hour to download a video). But, as bandwidth got much faster to people’s homes and mobile devices, along with the advent of connected TVs, streaming was going to be a much better customer solution, and we focused our efforts on streaming. In 2011, we started offering over 5,000 streaming movies and shows as part of customers’ Amazon Prime subscriptions. Initially, all of our content was produced by other studios and entertainment companies. These deals were expensive, country-specific, and only available to us for a limited period; so, to expand our options, we started creating our own original shows. Our early efforts included short-lived shows like <i>Alpha House</i> and <i>Betas</i>, before we had our first award-winning series in <i>Transparent</i>, and eventually created multi-year franchises in <i>The Marvelous Mrs. Maisel</i>, <i>The Boys</i>, <i>Bosch</i>, and <i>Jack Ryan</i>. Along the way, we’ve learned a lot about producing compelling entertainment with memorable moments and using machine learning and other inventive technology to provide a superior-quality streaming experience (with useful, relevant data about actors, TV shows, movies, music, or sports stats a click away in our unique X-Ray feature). You might have seen some of this in action in our recent new hit series, <i>Reacher</i>, and you’ll hopefully see it in our upcoming Lord of the Rings series launch (coming Labor Day 2022). We also expect that you’ll see this iterative invention when we launch <i>Thursday Night Football</i>, the NFL’s first weekly, prime time, streaming-only broadcast, airing exclusively on Prime Video starting in September 2022. Our agreement with the NFL is for 11 years, and we will work relentlessly over the next several years to reinvent the NFL viewing experience for football fans.</p><p>This track record of frequent invention is not only why more sports entities are choosing to work with Prime Video, but also why so many large entertainment companies have become Prime Video Channels partners. Channels is a program that enables entertainment companies to leverage Prime Video’s unique technology and viewing experience, as well as its very large member base to offer monthly subscriptions to their content. Companies like Warner Bros. Discovery, Paramount, Starz, Corus Entertainment, and Globo have found that they’re driving substantial incremental membership and better customer experience through Channels. While there is so much progress in Prime Video from where we started, we have more invention in front of us in the next 15 years than the last 15—and our team is passionately committed to providing customers with the most expansive collection of compelling content anywhere in the world.</p><p>This same sort of iterative invention can be applied to efforts supporting people and communities. Last summer, we added two new Leadership Principles: <b>Strive to be Earth’s Best Employer</b> and<b> Success and Scale Bring Broad Responsibility</b>. These concepts were always implicit at Amazon, but explicit Leadership Principles help us ask ourselves—and empower more Amazonians at all levels to ask—whether we’re living up to these principles.</p><p>For example, more than a million Amazonians work in our fulfillment network. In 2018, we championed the $15 minimum wage (which is more than double the federal minimum wage), but haven’t stopped there. We continued to increase compensation such that our average starting hourly salary is currently over $18. Along with this compensation, we offer very robust benefits, including full health insurance, a 401K plan, up to 20 weeks of parental leave, and full tuition coverage for associates who want to get a college education (whether they remain with us or not). We’re not close to being done in how we improve the lives of our employees. We’ve researched and created a list of what we believe are the top 100 employee experience pain points and are systematically solving them. We’re also passionate about further improving safety in our fulfillment network, with a focus on reducing strains, sprains, falls, and repetitive stress injuries. Our injury rates are sometimes misunderstood. We have operations jobs that fit both the “warehousing” and “courier and delivery” categories. In the last U.S. public numbers, our recordable incident rates were a little higher than the average of our warehousing peers (6.4 vs. 5.5), and a little lower than the average of our courier and delivery peers (7.6 vs. 9.1). This makes us about average relative to peers, but we don’t seek to be average. We want to be best in class. When I first started in my new role, I spent significant time in our fulfillment centers and with our safety team, and hoped there might be a silver bullet that could change the numbers quickly. I didn’t find that. At our scale (we hired over 300,000 people in 2021 alone, many of whom were new to this sort of work and needed training), it takes rigorous analysis, thoughtful problem-solving, and a willingness to invent to get to where you want. We’ve been dissecting every process path to discern how we can further improve. We have a variety of programs in flight (e.g. rotational programs that help employees avoid spending too much time doing the same repetitive motions, wearables that prompt employees when they’re moving in a dangerous way, improved shoes to provide better toe protection, training programs on body mechanics, wellness, and safety practices). But, we still have a ways to go, and we’ll approach it like we do other customer experiences—we’ll keep learning, inventing, and iterating until we have more transformational results. We won’t be satisfied until we do.</p><p>Similarly, at our scale, we have a significant carbon footprint. It’s a big part of why we created The Climate Pledge a few years ago (a pledge to be net-zero carbon by 2040, ten years ahead of the Paris Agreement). We’re making significant progress on this effort (we’re committed to powering our operations with 100% renewable energy by 2025—five years ahead of our original target of 2030, we have ordered over 100,000 electric vans to deliver packages, and have over 300 companies who’ve joined us in The Climate Pledge). But, we have a different challenge than most companies given the diversity and intensity of our operations (including shipping billions of packages per year). We’re committed to the challenge, but it will take relentless invention.</p><p>We also are trying to increase the amount of affordable housing in the communities in which we have a large presence. Our more than $2 billion Housing Equity Fund that we started a year ago has already allocated $1.2 billion toward affordable housing initiatives in the areas around Washington state’s Puget Sound region, Arlington (Virginia), and Nashville (Tennessee).</p><p>A final quick example is Kuiper, our low Earth orbit satellite network that we’re spending over $10 billion to build in the next several years. Kuiper will serve customers with minimal to no fixed broadband connectivity, changing access to information and resources for many communities (analysts estimate approximately 300-400 million customers globally are in this category). We’re optimistic that there is a pretty good business model for us too, but we’ll see—and it’s a real game changer for underserved families and businesses that will unfold over many years as we keep evolving its capabilities.</p><p>This type of iterative innovation is pervasive across every team at Amazon. I could have given comparable examples in Advertising, Grocery, Gaming, Amazon Music, Amazon Care (our telemedicine offering), or Pharmacy, to name a few. All of these stories are still being written as we rapidly experiment, learn, and continue to try to make our customer experience better every day.</p><p>If this approach sounds appealing, a natural question is what’s required to get good at it? It’s easier said than done, but here are some components that have helped us:</p><p>1/ <b>Hire the Right Builders</b>: We disproportionately index in hiring builders. We think of builders as people who like to invent, who look at customer experiences, dissect what doesn’t work well about them, and seek to reinvent them. We want people who keep asking why can’t it be done? We want people who like to experiment and tinker, and who realize launch is the starting line, not the finish line.</p><p>2/ <b>Organize Builders into Teams That Are as Separable and Autonomous as Possible</b>: It’s hard for teams to be deep in what customers care about in multiple areas. It’s also hard to spend enough time on the new initiatives when there’s resource contention with the more mature businesses; the surer bets usually win out. Single-threaded teams will know their customers’ needs better, spend all their waking work hours inventing for them, and develop context and tempo to keep iterating quickly.</p><p>3/ <b>Give Teams the Right Tools and Permission to Move Fast</b>: Speed is not pre-ordained. It’s a leadership choice. It has trade-offs, but you can’t wake up one day and start moving fast. It requires having the right tools to experiment and build fast (a major part of why we started AWS), allowing teams to make two-way door decisions themselves, and setting an expectation that speed matters. And, it does. Speed is disproportionally important to every business at every stage of its evolution. Those that move slower than their competitive peers fall away over time.</p><p>4/ <b>You Need Blind Faith, But No False Hope</b>: This is a lyric from one of my favorite Foo Fighters songs (“Congregation”). When you invent, you come up with new ideas that people will reject because they haven’t been done before (that’s where the blind faith comes in), but it’s also important to step back and make sure you have a viable plan that’ll resonate with customers (avoid false hope). We’re lucky that we have builders who challenge each other, feedback loops that give us access to customer feedback, and a product development process of working backwards from the customer where having to write a Press Release (to flesh out the customer benefits) and a Frequently Asked Questions document (to detail how we’d build it) helps us have blind faith without false hope (at least usually).</p><p>5/ <b>Define a Minimum Loveable Product (MLP), and Be Willing to Iterate Fast</b>: Figuring out where to draw the line for launch is one of the most difficult decisions teams must make. Often, teams wait too long, and insist on too many bells and whistles, before launching. And, they miss the first mover advantage or opportunity to build mindshare in fast-moving market segments before well-executing peers get too far ahead. The launch product must be good enough that you believe it’ll be loved from the get-go (why we call it a “Minimum Loveable Product” vs. a “Minimum Viable Product”), but in newer market segments, teams are often better off getting this MLP to customers and iterating quickly thereafter.</p><p>6/ <b>Adopt a Long-term Orientation</b>: We’re sometimes criticized at Amazon for not shutting much down. It’s true that we have a longer tolerance for our investments than most companies. But, we know that transformational invention takes multiple years, and if you’re making big bets that you believe could substantially change customer experience (and your company), you have to be in it for the long-haul or you’ll give up too quickly.</p><p>7/ <b>Brace Yourself for Failure</b>: If you invent a lot, you will fail more often than you wish. Nobody likes this part, but it comes with the territory. When it’s clear that we’ve launched something that won’t work, we make sure we’ve learned from what didn’t go well, and secure great landing places for team members who delivered well—or your best people will hesitate to work on new initiatives.</p><p>Albert Einstein is sometimes credited with describing compound interest as the eighth wonder of the world (“He who understands it, earns it. He who doesn’t, pays it”). We think of iterative innovation in much the same way. Iterative innovation creates magic for customers. Constantly inventing and improving products for customers has a compounding effect on the customer experience, and in turn on a business’s prospects.</p><p>Time is your friend when you are compounding gains. Amazon is a big company with some large businesses, but it’s still early days for us. We will continue to be insurgent—inventing in businesses that we’re in, in new businesses that we’ve yet to launch, and in new ideas that we haven’t even imagined yet. It remains Day 1.</p><p>Sincerely,</p><p>Andy Jassy</p><p>President and Chief Executive Officer</p><p>Amazon.com, Inc.</p><p>P.S. As we have always done, our original 1997 Shareholder Letter follows. What’s written there is as true today as it was in 1997.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180070798","content_text":"Amazon CEO Andy Jassy on Thursday published his first annual shareholder letter since taking over the helm from founder Jeff Bezos last year.Jassy detailed the enormous growth Amazon experienced during the coronavirus pandemic and the logistics, supply chain and labor challenges it faced as it tried to navigate the global crisis.“We realized the equivalent of three years’ forecasted growth in about 15 months,” said Jassy, who took over the role of CEO from Bezos in July 2021.Jassy pledged to reduce injury rates among frontline workers.He said the company was helping reduce the time workers spend doing the same repetitive motions, has issued wearable devices that warn employees when they’re moving in an unsafe fashion and provided training.The CEO also took investors through Amazon’s pandemic experience, laying out the company’s heavy spending on logistics to meet a sudden surge in online shopping, which he said was comparable to cramming three years’ of forecasted growth at the consumer division into about 15 months. Before becoming CEO of Amazon, Jassy led Amazon Web Services Inc., the company’s cloud computing business. Jassy dedicated a portion of the shareholder letter to discussing some of the business decisions that helped AWS become the industry’s top cloud provider. The executive also shared an update on AWS’ chip development efforts, revealing that cloud instances powered by its homegrown Graviton2 chip have been adopted by 48 of the top 50 Amazon EC2 customers.The company’s supply chain is an especially major focus. Amazon had 253 fulfillment centers, 110 sortation centers and 467 delivery stations in North America at the end 2021, Jassy detailed in the letter, along with more than 600 additional logistics facilities around the world.You can read the letter in full below:Dear shareholders:Over the past 25 years at Amazon, I've had the opportunity to write many narratives, emails, letters, and keynotes for employees, customers, and partners. But, this is the first time I've had the honor of writing our annual shareholder letter as CEO of Amazon. Jeff set the bar high on these letters, and I will try to keep them worth reading.When the pandemic started in early 2020, few people thought it would be as expansive or long-running as it's been. Whatever role Amazon played in the world up to that point became further magnified as most physical venues shut down for long periods of time and people spent their days at home. This meant that hundreds of millions of people relied on Amazon for PPE, food, clothing, and various other items that helped them navigate this unprecedented time. Businesses and governments also had to shift, practically overnight, from working with colleagues and technology on-premises to working remotely. AWS played a major role in enabling this business continuity. Whether companies saw extraordinary demand spikes, or demand diminish quickly with reduced external consumption, the cloud's elasticity to scale capacity up and down quickly, as well as AWS's unusually broad functionality helped millions of companies adjust to these difficult circumstances.Our AWS and Consumer businesses have had different demand trajectories during the pandemic. In the first year of the pandemic, AWS revenue continued to grow at a rapid clip—30% year over year (\"YoY\") in 2020 on a $35 billion annual revenue base in 2019—but slower than the 37% YoY growth in 2019. This was due in part to the uncertainty and slowing demand that so many businesses encountered, but also in part to our helping companies optimize their AWS footprint to save money. Concurrently, companies were stepping back and determining what they wanted to change coming out of the pandemic. Many concluded that they didn't want to continue managing their technology infrastructure themselves, and made the decision to accelerate their move to the cloud. This shift by so many companies (along with the economy recovering) helped re-accelerate AWS's revenue growth to 37% YoY in 2021.Conversely, our Consumer revenue grew dramatically in 2020. In 2020, Amazon's North America and International Consumer revenue grew 39% YoY on the very large 2019 revenue base of $245 billion; and, this extraordinary growth extended into 2021 with revenue increasing 43% YoY in Q1 2021. These are astounding numbers. We realized the equivalent of three years' forecasted growth in about 15 months.As the world opened up again starting in late Q2 2021, and more people ventured out to eat, shop, and travel, consumer spending returned to being spread over many more entities. We weren't sure what to expect in 2021, but the fact that we continued to grow at double digit rates (with a two-year Consumer compounded annual growth rate of 29%) was encouraging as customers appreciated the role Amazon played for them during the pandemic, and started using Amazon for a larger amount of their household purchases.This growth also created short-term logistics and cost challenges. We spent Amazon's first 25 years building a very large fulfillment network, and then had to double it in the last 24 months to meet customer demand. As we were bringing this new capacity online, the labor market tightened considerably, making it challenging both to receive all of the inventory our vendors and sellers wanted to send us and to place that inventory as close to customers as we typically do. Combined with ocean, air, and trucking capacity becoming scarcer and more expensive, this created extra transportation and productivity costs. Supply chains were disrupted in ways none of us had seen previously. We hoped that the major impact from COVID-19 would recede as 2021 drew to a close, but then omicron reared its head in December, which had worldwide ramifications, including impacting people's ability to work. And then in late February, with Russia's invasion of Ukraine, fuel costs and inflation became bigger issues with which to contend.So, 2021 was a crazy and unpredictable year, continuing a trend from 2020. But, I'm proud of the incredible commitment and effort from our employees all over the world. I'm not sure any of us would have gotten through the pandemic the same way without the dedication and extraordinary efforts shown by our teams during this period, and I'm eternally grateful.It's not normal for a company of any size to be able to respond to something as discontinuous and unpredictable as this pandemic turned out to be. What is it about Amazon that made it possible for us to do so? It's because we weren't starting from a standing start. We had been iterating on and remaking our fulfillment capabilities for nearly two decades. In every business we pursue, we're constantly experimenting and inventing. We're divinely discontented with customer experiences, whether they're our own or not. We believe these customer experiences can always be better, and we strive to make customers' lives better and easier every day. The beauty of this mission is that you never run out of runway; customers always want better, and our job is both to listen to their feedback and to imagine what else is possible and invent on their behalf.People often assume that the game-changing inventions they admire just pop out of somebody's head, a light bulb goes off, a team executes to that idea, and presto—you have a new invention that's a breakaway success for a long time. That's rarely, if ever, how it happens. One of the lesser known facts about innovative companies like Amazon is that they are relentlessly debating, re-defining, tinkering, iterating, and experimenting to take the seed of a big idea and make it into something that resonates with customers and meaningfully changes their customer experience over a long period of time.Let me give you some Amazon examples.Our Fulfillment Network: Going back to the pandemic, there's no way we could have started working on our fulfillment network in March 2020 and satisfied anything close to what our customers needed. We'd been innovating in our fulfillment network for 20 years, constantly trying to shorten the time to get items to customers. In the early 2000s, it took us an average of 18 hours to get an item through our fulfillment centers and on the right truck for shipment. Now, it takes us two. To deliver as reliably and cost-effectively as we desire, and to serve Amazon Prime members expecting shipments in a couple of days, we spent years building out an expansive set of fulfillment centers, a substantial logistics and transportation capability, and reconfigured how we did virtually everything in our facilities. For perspective, in 2004, we had seven fulfillment centers in the U.S. and four in other parts of the world, and we hadn't yet added delivery stations, which connect our fulfillment and sortation centers to the last-mile delivery vans you see driving around your neighborhood. Fast forward to the end of 2021, we had 253 fulfillment centers, 110 sortation centers, and 467 delivery stations in North America, with an additional 157 fulfillment centers, 58 sortation centers, and 588 delivery stations across the globe. Our delivery network grew to more than 260,000 drivers worldwide, and our Amazon Air cargo fleet has more than 100 aircraft. This has represented a capital investment of over $100 billion and countless iterations and small process improvements by over a million Amazonians in the last decade and a half.Ironically, just before COVID started, we'd made the decision to invest billions of incremental dollars over several years to deliver an increasing number of Prime shipments in one day. This initiative was slowed by the challenges of the pandemic, but we've since resumed our focus here. Delivering a substantial amount of shipments in one day is hard (especially across the millions of items that we offer) and initially expensive as we build out the infrastructure to scale this efficiently. But, we believe our over 200 million Prime customers, who will tell you very clearly that faster is almost always better, will love this. So, this capability to ship millions of items within a couple days (and increasingly one day) was not from one aha moment and not developed in a year or two. It's been hard-earned by putting ourselves in the shoes of our customers, knowing what they wanted, organizing Amazonians to work together to invent better solutions, and investing a large amount of financial and people resources over 20 years (often well in advance of when it would payout). This type of iterative innovation is never finished and has periodic peaks in investment years, but leads to better long-term customer experiences, customer loyalty, and returns for our shareholders.AWS:As we were defining AWS and working backwards on the services we thought customers wanted, we kept triggering one of the biggest tensions in product development—where to draw the line on functionality in V1. One early meeting in particular—for our core compute service called Elastic Compute Cloud (\"EC2\")—was scheduled for an hour, and took three, as we animatedly debated whether we could launch a compute service without an accompanying persistent block storage companion (a form of network attached storage). Everybody agreed that having a persistent block store was important to a complete compute service; however, to have one ready would take an extra year. The question became could we offer customers a useful service where they could get meaningful value before we had all the features we thought they wanted? We decided that the initial launch of EC2 could be feature-poor if we also organized ourselves to listen to customers and iterate quickly. This approach works well if you indeed iterate quickly; but, is disastrous if you can't. We launched EC2 in 2006 with one instance size, in one data center, in one region of the world, with Linux operating system instances only (no Windows), without monitoring, load balancing, auto-scaling, or yes, persistent storage. EC2 was an initial success, but nowhere near the multi-billion-dollar service it's become until we added the missing capabilities listed above, and then some.In the early days of AWS, people sometimes asked us why compute wouldn't just be an undifferentiated commodity. But, there's a lot more to compute than just a server. Customers want various flavors of compute (e.g. server configurations optimized for storage, memory, high-performance compute, graphics rendering, machine learning), multiple form factors (e.g. fixed instance sizes, portable containers, serverless functions), various sizes and optimizations of persistent storage, and a slew of networking capabilities. Then, there's the CPU chip that runs in your compute. For many years, the industry had used Intel or AMDx86 processors. We have important partnerships with these companies, but realized that if we wanted to push price and performance further (as customers requested), we'd have to develop our own chips, too. Our first generalized chip was Graviton, which we announced in 2018. This helped a subset of customer workloads run more cost-effectively than prior options. But, it wasn't until 2020, after taking the learnings from Graviton and innovating on a new chip, that we had something remarkable with our Graviton2 chip, which provides up to 40% better price-performance than the comparable latest generation x86 processors. Think about how much of an impact 40% improvement on compute is. Compute is used for every bit of technology. That's a huge deal for customers. And, while Graviton2 has been a significant success thus far (48 of the top 50 AWS EC2 customers have already adopted it), the AWS Chips team was already learning from what customers said could be better, and announced Graviton3 this past December (offering a 25% improvement on top of Graviton2's relative gains). The list of what we've invented and delivered for customers in EC2 (and AWS in general) is pretty mind-boggling, and this iterative approach to innovation has not only given customers much more functionality in AWS than they can find anywhere else (which is a significant differentiator), but also allowed us to arrive at the much more game-changing offering that AWS is today.Devices: Our first foray into devices was the Kindle, released in 2007. It was not the most sophisticated industrial design (it was creamy white in color and the corners were uncomfortable for some people to hold), but revolutionary because it offered customers the ability to download any of over 90,000 books (now millions) in 60 seconds—and we got better and faster at building attractive designs. Shortly thereafter, we launched a tablet, and then a phone (with the distinguishing feature of having front-facing cameras and a gyroscope to give customers a dynamic perspective along with varied 3D experiences). The phone was unsuccessful, and though we determined we were probably too late to this party and directed these resources elsewhere, we hired some fantastic long-term builders and learned valuable lessons from this failure that have served us well in devices like Echo and FireTV.When I think of the first Echo device—and what Alexa could do for customers at that point—it was noteworthy, yet so much less capable than what’s possible today. Today, there are hundreds of millions of Alexa-enabled devices out there (in homes, offices, cars, hotel rooms, Amazon Echo devices, and third-party manufacturer devices); you can listen to music—or watch videos now; you can control your lights and home automation; you can create routines like “Start My Day” where Alexa tells you the weather, your estimated commute time based on current traffic, then plays the news; you can easily order retail items on Amazon; you can get general or customized news, updates on sporting events and related stats—and we’re still quite early with respect to what Alexa and Alexa-related devices will do for customers. Our goal is for Alexa to be the world’s most helpful and resourceful personal assistant, who makes people’s lives meaningfully easier and better. We have a lot more inventing and iterating to go, but customers continue to indicate that we’re on the right path. We have several other devices at varying stages of evolution (e.g. Ring and Blink provide the leading digital home security solutions, Astro is a brand new home robot that we just launched in late 2021), but it’s safe to say that every one of our devices, whether you’re talking about Kindle, FireTV, Alexa/Echo, Ring, Blink, or Astro is an invention-in-process with a lot more coming that will keep improving customers’ lives.Prime Video: We started in 2006 with an offering called Amazon Unbox where customers could download about a thousand movies from major studios. This made sense as bandwidth was slower those days (it would take an hour to download a video). But, as bandwidth got much faster to people’s homes and mobile devices, along with the advent of connected TVs, streaming was going to be a much better customer solution, and we focused our efforts on streaming. In 2011, we started offering over 5,000 streaming movies and shows as part of customers’ Amazon Prime subscriptions. Initially, all of our content was produced by other studios and entertainment companies. These deals were expensive, country-specific, and only available to us for a limited period; so, to expand our options, we started creating our own original shows. Our early efforts included short-lived shows like Alpha House and Betas, before we had our first award-winning series in Transparent, and eventually created multi-year franchises in The Marvelous Mrs. Maisel, The Boys, Bosch, and Jack Ryan. Along the way, we’ve learned a lot about producing compelling entertainment with memorable moments and using machine learning and other inventive technology to provide a superior-quality streaming experience (with useful, relevant data about actors, TV shows, movies, music, or sports stats a click away in our unique X-Ray feature). You might have seen some of this in action in our recent new hit series, Reacher, and you’ll hopefully see it in our upcoming Lord of the Rings series launch (coming Labor Day 2022). We also expect that you’ll see this iterative invention when we launch Thursday Night Football, the NFL’s first weekly, prime time, streaming-only broadcast, airing exclusively on Prime Video starting in September 2022. Our agreement with the NFL is for 11 years, and we will work relentlessly over the next several years to reinvent the NFL viewing experience for football fans.This track record of frequent invention is not only why more sports entities are choosing to work with Prime Video, but also why so many large entertainment companies have become Prime Video Channels partners. Channels is a program that enables entertainment companies to leverage Prime Video’s unique technology and viewing experience, as well as its very large member base to offer monthly subscriptions to their content. Companies like Warner Bros. Discovery, Paramount, Starz, Corus Entertainment, and Globo have found that they’re driving substantial incremental membership and better customer experience through Channels. While there is so much progress in Prime Video from where we started, we have more invention in front of us in the next 15 years than the last 15—and our team is passionately committed to providing customers with the most expansive collection of compelling content anywhere in the world.This same sort of iterative invention can be applied to efforts supporting people and communities. Last summer, we added two new Leadership Principles: Strive to be Earth’s Best Employer and Success and Scale Bring Broad Responsibility. These concepts were always implicit at Amazon, but explicit Leadership Principles help us ask ourselves—and empower more Amazonians at all levels to ask—whether we’re living up to these principles.For example, more than a million Amazonians work in our fulfillment network. In 2018, we championed the $15 minimum wage (which is more than double the federal minimum wage), but haven’t stopped there. We continued to increase compensation such that our average starting hourly salary is currently over $18. Along with this compensation, we offer very robust benefits, including full health insurance, a 401K plan, up to 20 weeks of parental leave, and full tuition coverage for associates who want to get a college education (whether they remain with us or not). We’re not close to being done in how we improve the lives of our employees. We’ve researched and created a list of what we believe are the top 100 employee experience pain points and are systematically solving them. We’re also passionate about further improving safety in our fulfillment network, with a focus on reducing strains, sprains, falls, and repetitive stress injuries. Our injury rates are sometimes misunderstood. We have operations jobs that fit both the “warehousing” and “courier and delivery” categories. In the last U.S. public numbers, our recordable incident rates were a little higher than the average of our warehousing peers (6.4 vs. 5.5), and a little lower than the average of our courier and delivery peers (7.6 vs. 9.1). This makes us about average relative to peers, but we don’t seek to be average. We want to be best in class. When I first started in my new role, I spent significant time in our fulfillment centers and with our safety team, and hoped there might be a silver bullet that could change the numbers quickly. I didn’t find that. At our scale (we hired over 300,000 people in 2021 alone, many of whom were new to this sort of work and needed training), it takes rigorous analysis, thoughtful problem-solving, and a willingness to invent to get to where you want. We’ve been dissecting every process path to discern how we can further improve. We have a variety of programs in flight (e.g. rotational programs that help employees avoid spending too much time doing the same repetitive motions, wearables that prompt employees when they’re moving in a dangerous way, improved shoes to provide better toe protection, training programs on body mechanics, wellness, and safety practices). But, we still have a ways to go, and we’ll approach it like we do other customer experiences—we’ll keep learning, inventing, and iterating until we have more transformational results. We won’t be satisfied until we do.Similarly, at our scale, we have a significant carbon footprint. It’s a big part of why we created The Climate Pledge a few years ago (a pledge to be net-zero carbon by 2040, ten years ahead of the Paris Agreement). We’re making significant progress on this effort (we’re committed to powering our operations with 100% renewable energy by 2025—five years ahead of our original target of 2030, we have ordered over 100,000 electric vans to deliver packages, and have over 300 companies who’ve joined us in The Climate Pledge). But, we have a different challenge than most companies given the diversity and intensity of our operations (including shipping billions of packages per year). We’re committed to the challenge, but it will take relentless invention.We also are trying to increase the amount of affordable housing in the communities in which we have a large presence. Our more than $2 billion Housing Equity Fund that we started a year ago has already allocated $1.2 billion toward affordable housing initiatives in the areas around Washington state’s Puget Sound region, Arlington (Virginia), and Nashville (Tennessee).A final quick example is Kuiper, our low Earth orbit satellite network that we’re spending over $10 billion to build in the next several years. Kuiper will serve customers with minimal to no fixed broadband connectivity, changing access to information and resources for many communities (analysts estimate approximately 300-400 million customers globally are in this category). We’re optimistic that there is a pretty good business model for us too, but we’ll see—and it’s a real game changer for underserved families and businesses that will unfold over many years as we keep evolving its capabilities.This type of iterative innovation is pervasive across every team at Amazon. I could have given comparable examples in Advertising, Grocery, Gaming, Amazon Music, Amazon Care (our telemedicine offering), or Pharmacy, to name a few. All of these stories are still being written as we rapidly experiment, learn, and continue to try to make our customer experience better every day.If this approach sounds appealing, a natural question is what’s required to get good at it? It’s easier said than done, but here are some components that have helped us:1/ Hire the Right Builders: We disproportionately index in hiring builders. We think of builders as people who like to invent, who look at customer experiences, dissect what doesn’t work well about them, and seek to reinvent them. We want people who keep asking why can’t it be done? We want people who like to experiment and tinker, and who realize launch is the starting line, not the finish line.2/ Organize Builders into Teams That Are as Separable and Autonomous as Possible: It’s hard for teams to be deep in what customers care about in multiple areas. It’s also hard to spend enough time on the new initiatives when there’s resource contention with the more mature businesses; the surer bets usually win out. Single-threaded teams will know their customers’ needs better, spend all their waking work hours inventing for them, and develop context and tempo to keep iterating quickly.3/ Give Teams the Right Tools and Permission to Move Fast: Speed is not pre-ordained. It’s a leadership choice. It has trade-offs, but you can’t wake up one day and start moving fast. It requires having the right tools to experiment and build fast (a major part of why we started AWS), allowing teams to make two-way door decisions themselves, and setting an expectation that speed matters. And, it does. Speed is disproportionally important to every business at every stage of its evolution. Those that move slower than their competitive peers fall away over time.4/ You Need Blind Faith, But No False Hope: This is a lyric from one of my favorite Foo Fighters songs (“Congregation”). When you invent, you come up with new ideas that people will reject because they haven’t been done before (that’s where the blind faith comes in), but it’s also important to step back and make sure you have a viable plan that’ll resonate with customers (avoid false hope). We’re lucky that we have builders who challenge each other, feedback loops that give us access to customer feedback, and a product development process of working backwards from the customer where having to write a Press Release (to flesh out the customer benefits) and a Frequently Asked Questions document (to detail how we’d build it) helps us have blind faith without false hope (at least usually).5/ Define a Minimum Loveable Product (MLP), and Be Willing to Iterate Fast: Figuring out where to draw the line for launch is one of the most difficult decisions teams must make. Often, teams wait too long, and insist on too many bells and whistles, before launching. And, they miss the first mover advantage or opportunity to build mindshare in fast-moving market segments before well-executing peers get too far ahead. The launch product must be good enough that you believe it’ll be loved from the get-go (why we call it a “Minimum Loveable Product” vs. a “Minimum Viable Product”), but in newer market segments, teams are often better off getting this MLP to customers and iterating quickly thereafter.6/ Adopt a Long-term Orientation: We’re sometimes criticized at Amazon for not shutting much down. It’s true that we have a longer tolerance for our investments than most companies. But, we know that transformational invention takes multiple years, and if you’re making big bets that you believe could substantially change customer experience (and your company), you have to be in it for the long-haul or you’ll give up too quickly.7/ Brace Yourself for Failure: If you invent a lot, you will fail more often than you wish. Nobody likes this part, but it comes with the territory. When it’s clear that we’ve launched something that won’t work, we make sure we’ve learned from what didn’t go well, and secure great landing places for team members who delivered well—or your best people will hesitate to work on new initiatives.Albert Einstein is sometimes credited with describing compound interest as the eighth wonder of the world (“He who understands it, earns it. He who doesn’t, pays it”). We think of iterative innovation in much the same way. Iterative innovation creates magic for customers. Constantly inventing and improving products for customers has a compounding effect on the customer experience, and in turn on a business’s prospects.Time is your friend when you are compounding gains. Amazon is a big company with some large businesses, but it’s still early days for us. We will continue to be insurgent—inventing in businesses that we’re in, in new businesses that we’ve yet to launch, and in new ideas that we haven’t even imagined yet. It remains Day 1.Sincerely,Andy JassyPresident and Chief Executive OfficerAmazon.com, Inc.P.S. As we have always done, our original 1997 Shareholder Letter follows. What’s written there is as true today as it was in 1997.","news_type":1},"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080839313,"gmtCreate":1649863396702,"gmtModify":1676534593285,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080839313","repostId":"1170805890","repostType":4,"repost":{"id":"1170805890","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":1649858895,"share":"https://ttm.financial/m/news/1170805890?lang=&edition=fundamental","pubTime":"2022-04-13 22:08","market":"us","language":"en","title":"Nvidia Shares Jumped Nearly 2% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1170805890","media":"Tiger Newspress","summary":"Bank of America analyst Vivek Arya had reiterated a Buy rating on Nvidia stock and a Top Pick design","content":"<html><head></head><body><p>Bank of America analyst Vivek Arya had reiterated a Buy rating on Nvidia stock and a Top Pick designation.</p><p><img src=\"https://static.tigerbbs.com/d117ede1c7f1493c314e61f233bdb95c\" tg-width=\"918\" tg-height=\"670\" width=\"100%\" height=\"auto\"/>Analyst Vivek Arya, who has a buy rating and a $375 price target on Nvidia, notes that the 26% decline year-to-date, including last week&#39;s sharp drop, may stem from concerns over its gaming business. Arya postulated that European customers could curb demand due to the Russian invasion of Ukraine, while Chinese customers could be impacted by Covid-related lockdowns.</p><p>Lastly, crypto customers could be hurt by declines in the price of Ethereum and the change to proof-of-stake, which does not need graphics cards.</p><p>&#34;We flag these headwinds, but argue investors could be underappreciating other supportive trends including: (1) strength in data center, pro-viz and 2H autos ramp,&#34; Arya wrote in a note to clients, adding that Hopper-based gaming products and restocking inventory could also help.</p><p>If Nvidia (NVDA) were to see a downturn in gaming, that would only impact earnings per share by 7% to 9%, Arya pointed out, assuming a 5% decline quarter-over-quarter in this quarter and a 10% decline next quarter, compared to a previous outlook of growth rates of 3% and 9%.</p><p>Secondly, Nvidia may benefit from its newly announced products, including the Hopper line of GPUs, as well as channel refill activity. &#34;Important to note that NVDA’s gaming sales have grown at an average 25% [compound annual growth rate] in every two year period (range 8% CAGR to 45% CAGR), while the scenario above assumes a 6% 2-yr [compound annual growth rate], so well below the historical range,&#34; Arya wrote.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Shares Jumped Nearly 2% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Shares Jumped Nearly 2% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-13 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Bank of America analyst Vivek Arya had reiterated a Buy rating on Nvidia stock and a Top Pick designation.</p><p><img src=\"https://static.tigerbbs.com/d117ede1c7f1493c314e61f233bdb95c\" tg-width=\"918\" tg-height=\"670\" width=\"100%\" height=\"auto\"/>Analyst Vivek Arya, who has a buy rating and a $375 price target on Nvidia, notes that the 26% decline year-to-date, including last week&#39;s sharp drop, may stem from concerns over its gaming business. Arya postulated that European customers could curb demand due to the Russian invasion of Ukraine, while Chinese customers could be impacted by Covid-related lockdowns.</p><p>Lastly, crypto customers could be hurt by declines in the price of Ethereum and the change to proof-of-stake, which does not need graphics cards.</p><p>&#34;We flag these headwinds, but argue investors could be underappreciating other supportive trends including: (1) strength in data center, pro-viz and 2H autos ramp,&#34; Arya wrote in a note to clients, adding that Hopper-based gaming products and restocking inventory could also help.</p><p>If Nvidia (NVDA) were to see a downturn in gaming, that would only impact earnings per share by 7% to 9%, Arya pointed out, assuming a 5% decline quarter-over-quarter in this quarter and a 10% decline next quarter, compared to a previous outlook of growth rates of 3% and 9%.</p><p>Secondly, Nvidia may benefit from its newly announced products, including the Hopper line of GPUs, as well as channel refill activity. &#34;Important to note that NVDA’s gaming sales have grown at an average 25% [compound annual growth rate] in every two year period (range 8% CAGR to 45% CAGR), while the scenario above assumes a 6% 2-yr [compound annual growth rate], so well below the historical range,&#34; Arya wrote.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170805890","content_text":"Bank of America analyst Vivek Arya had reiterated a Buy rating on Nvidia stock and a Top Pick designation.Analyst Vivek Arya, who has a buy rating and a $375 price target on Nvidia, notes that the 26% decline year-to-date, including last week's sharp drop, may stem from concerns over its gaming business. Arya postulated that European customers could curb demand due to the Russian invasion of Ukraine, while Chinese customers could be impacted by Covid-related lockdowns.Lastly, crypto customers could be hurt by declines in the price of Ethereum and the change to proof-of-stake, which does not need graphics cards.\"We flag these headwinds, but argue investors could be underappreciating other supportive trends including: (1) strength in data center, pro-viz and 2H autos ramp,\" Arya wrote in a note to clients, adding that Hopper-based gaming products and restocking inventory could also help.If Nvidia (NVDA) were to see a downturn in gaming, that would only impact earnings per share by 7% to 9%, Arya pointed out, assuming a 5% decline quarter-over-quarter in this quarter and a 10% decline next quarter, compared to a previous outlook of growth rates of 3% and 9%.Secondly, Nvidia may benefit from its newly announced products, including the Hopper line of GPUs, as well as channel refill activity. \"Important to note that NVDA’s gaming sales have grown at an average 25% [compound annual growth rate] in every two year period (range 8% CAGR to 45% CAGR), while the scenario above assumes a 6% 2-yr [compound annual growth rate], so well below the historical range,\" Arya wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014638433,"gmtCreate":1649647240138,"gmtModify":1676534544234,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014638433","repostId":"1178086624","repostType":2,"repost":{"id":"1178086624","kind":"news","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":1649647159,"share":"https://ttm.financial/m/news/1178086624?lang=&edition=fundamental","pubTime":"2022-04-11 11:19","market":"us","language":"en","title":"Elon Musk Decides Not to Join Twitter Board","url":"https://stock-news.laohu8.com/highlight/detail?id=1178086624","media":"Reuters","summary":"April 10 (Reuters) - Elon Musk, Twitter Inc's biggest shareholder, has decided not to join the socia","content":"<html><head></head><body><p>April 10 (Reuters) - Elon Musk, Twitter Inc&#39;s biggest shareholder, has decided not to join the social media company&#39;s board, Chief Executive Parag Agrawal said in a tweet on Sunday.</p><p>Musk, who disclosed a 9.2% stake in Twitter just a few days ago, was offered a board seat and his appointment was to become effective on Saturday.</p><p>But &#34;Elon shared that same morning that he will no longer be joining the board&#34;, Agrawal said in a note on Twitter.</p><p>Musk had on Saturday suggested changes to Twitter Blue premium subscription service, including slashing its price, banning advertising and giving an option to pay in the cryptocurrency dogecoin.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Decides Not to Join Twitter Board</title>\n<style 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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\">\nElon Musk Decides Not to Join Twitter Board\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-04-11 11:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>April 10 (Reuters) - Elon Musk, Twitter Inc&#39;s biggest shareholder, has decided not to join the social media company&#39;s board, Chief Executive Parag Agrawal said in a tweet on Sunday.</p><p>Musk, who disclosed a 9.2% stake in Twitter just a few days ago, was offered a board seat and his appointment was to become effective on Saturday.</p><p>But &#34;Elon shared that same morning that he will no longer be joining the board&#34;, Agrawal said in a note on Twitter.</p><p>Musk had on Saturday suggested changes to Twitter Blue premium subscription service, including slashing its price, banning advertising and giving an option to pay in the cryptocurrency dogecoin.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178086624","content_text":"April 10 (Reuters) - Elon Musk, Twitter Inc's biggest shareholder, has decided not to join the social media company's board, Chief Executive Parag Agrawal said in a tweet on Sunday.Musk, who disclosed a 9.2% stake in Twitter just a few days ago, was offered a board seat and his appointment was to become effective on Saturday.But \"Elon shared that same morning that he will no longer be joining the board\", Agrawal said in a note on Twitter.Musk had on Saturday suggested changes to Twitter Blue premium subscription service, including slashing its price, banning advertising and giving an option to pay in the cryptocurrency dogecoin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019270538,"gmtCreate":1648604163946,"gmtModify":1676534363040,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019270538","repostId":"2223822268","repostType":4,"repost":{"id":"2223822268","kind":"news","pubTimestamp":1648603379,"share":"https://ttm.financial/m/news/2223822268?lang=&edition=fundamental","pubTime":"2022-03-30 09:22","market":"us","language":"en","title":"TuSimple Lands 350 Unit Reservation From Loadsmith","url":"https://stock-news.laohu8.com/highlight/detail?id=2223822268","media":"seekingalpha","summary":"TuSimple broke higher on Tuesday after the company announced a new partnership with logistic service","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSP\">TuSimple</a> broke higher on Tuesday after the company announced a new partnership with logistic services player Loadsmith.<img src=\"https://static.tigerbbs.com/7fee1c390d3edffa8502714350cbe4a8\" tg-width=\"930\" tg-height=\"675\" width=\"100%\" height=\"auto\"/>The deal is expected help bridge the gap between shippers and carriers in adopting and integrating TuSimple&#39;s SAE L4 autonomous technology into their operations.</p><p>The agreement includes an initial reservation of 350 units of purpose-built SAE Level 4 autonomous trucks for operation on TuSimple&#39;s autonomous freight network in 2024.</p><p>Loadsmith is a called ideal partner to help TuSimple (NASDAQ:TSP) scale its autonomous trucking technology.</p><p>TuSimple (TSP) CEO Xiaodi Hou: &#34;This new partnership further validates the appetite for SAE L4 technologies alongside the TuSimple autonomous freight network fostering the expedited commercialization of safe, efficient, and sustainable transportation of freight throughout the United States.&#34;</p><p>Even after the share price pop, TuSimple (TSP) still trades below its 50-day, 100-day and 200-day moving averages.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TuSimple Lands 350 Unit Reservation From Loadsmith</title>\n<style 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}\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\">\nTuSimple Lands 350 Unit Reservation From Loadsmith\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-30 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3818532-tusimple-lands-350-unit-reservation-from-loadsmith><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TuSimple broke higher on Tuesday after the company announced a new partnership with logistic services player Loadsmith.The deal is expected help bridge the gap between shippers and carriers in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3818532-tusimple-lands-350-unit-reservation-from-loadsmith\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4539":"次新股","BK4022":"陆运","BK4555":"新能源车"},"source_url":"https://seekingalpha.com/news/3818532-tusimple-lands-350-unit-reservation-from-loadsmith","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2223822268","content_text":"TuSimple broke higher on Tuesday after the company announced a new partnership with logistic services player Loadsmith.The deal is expected help bridge the gap between shippers and carriers in adopting and integrating TuSimple's SAE L4 autonomous technology into their operations.The agreement includes an initial reservation of 350 units of purpose-built SAE Level 4 autonomous trucks for operation on TuSimple's autonomous freight network in 2024.Loadsmith is a called ideal partner to help TuSimple (NASDAQ:TSP) scale its autonomous trucking technology.TuSimple (TSP) CEO Xiaodi Hou: \"This new partnership further validates the appetite for SAE L4 technologies alongside the TuSimple autonomous freight network fostering the expedited commercialization of safe, efficient, and sustainable transportation of freight throughout the United States.\"Even after the share price pop, TuSimple (TSP) still trades below its 50-day, 100-day and 200-day moving averages.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019340818,"gmtCreate":1648541647176,"gmtModify":1676534351950,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"On","listText":"On","text":"On","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019340818","repostId":"1125847128","repostType":4,"repost":{"id":"1125847128","kind":"news","pubTimestamp":1648538304,"share":"https://ttm.financial/m/news/1125847128?lang=&edition=fundamental","pubTime":"2022-03-29 15:18","market":"us","language":"en","title":"Novo Nordisk's Ozempic Drug Gets FDA Approval for 2 Milligram Dose to Treat Type 2 Diabetes","url":"https://stock-news.laohu8.com/highlight/detail?id=1125847128","media":"MarketWatch","summary":"Danish pharmaceutical company Novo Nordisk AS said late Monday that the U.S. Food and Drug Administr","content":"<html><head></head><body><p>Danish pharmaceutical company <a href=\"https://laohu8.com/S/NVO\">Novo Nordisk AS</a> said late Monday that the U.S. Food and Drug Administration has approved a 2.0 milligram dose of its Ozempic drug to treat adults with type 2 diabetes.</p><p>Ozempic is now approved in the U.S. at 0.5 milligram, 1.0 milligram and 2.0 milligram doses for the treatment of type 2 diabetes in adults, it added.</p><p>In addition, Ozempic is indicated to reduce the risk of major cardiovascular events such as heart attack, stroke or death in adults with type 2 diabetes and known heart disease, the company said.</p><p>Novo Nordisk expects to launch Ozempic 2.0 milligram in the U.S. in the second quarter of 2022.</p><p>Ozempic 2.0 milligram is now approved in the U.S., the EU, Canada and Switzerland.</p><p></p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Nordisk's Ozempic Drug Gets FDA Approval for 2 Milligram Dose to Treat Type 2 Diabetes </title>\n<style 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}\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\">\nNovo Nordisk's Ozempic Drug Gets FDA Approval for 2 Milligram Dose to Treat Type 2 Diabetes \n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-29 15:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/novo-nordisk-s-ozempic-drug-gets-fda-approval-for-2-milligram-dose-to-treat-type-2-diabetes-271648537203?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Danish pharmaceutical company Novo Nordisk AS said late Monday that the U.S. Food and Drug Administration has approved a 2.0 milligram dose of its Ozempic drug to treat adults with type 2 diabetes....</p>\n\n<a href=\"https://www.marketwatch.com/story/novo-nordisk-s-ozempic-drug-gets-fda-approval-for-2-milligram-dose-to-treat-type-2-diabetes-271648537203?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVO":"诺和诺德"},"source_url":"https://www.marketwatch.com/story/novo-nordisk-s-ozempic-drug-gets-fda-approval-for-2-milligram-dose-to-treat-type-2-diabetes-271648537203?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125847128","content_text":"Danish pharmaceutical company Novo Nordisk AS said late Monday that the U.S. Food and Drug Administration has approved a 2.0 milligram dose of its Ozempic drug to treat adults with type 2 diabetes.Ozempic is now approved in the U.S. at 0.5 milligram, 1.0 milligram and 2.0 milligram doses for the treatment of type 2 diabetes in adults, it added.In addition, Ozempic is indicated to reduce the risk of major cardiovascular events such as heart attack, stroke or death in adults with type 2 diabetes and known heart disease, the company said.Novo Nordisk expects to launch Ozempic 2.0 milligram in the U.S. in the second quarter of 2022.Ozempic 2.0 milligram is now approved in the U.S., the EU, Canada and Switzerland.","news_type":1},"isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010446182,"gmtCreate":1648459965961,"gmtModify":1676534340266,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010446182","repostId":"1197498442","repostType":4,"repost":{"id":"1197498442","kind":"news","pubTimestamp":1648459223,"share":"https://ttm.financial/m/news/1197498442?lang=&edition=fundamental","pubTime":"2022-03-28 17:20","market":"us","language":"en","title":"Palantir: It Has A Invisible Glass Ceiling?","url":"https://stock-news.laohu8.com/highlight/detail?id=1197498442","media":"seekingalpha","summary":"SummaryIn my view, the more Palantir grows, the more it will attract public scrutiny over its influe","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>In my view, the more Palantir grows, the more it will attract public scrutiny over its influence.</li><li>Current prices seem to incorporate management&#39;s growth estimates.</li><li>Speculative investors might profit from hyped ticker volatility. However, fundamentally, PLTR doesn&#39;t offer an attractive risk/reward balance.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be7105a0a2a4e7560a724e681e477dba\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"/><span>Drew Angerer/Getty Images News</span></p><p><b>Investment Thesis</b></p><p>When it comes to trade-offs around complex questions such as individual privacy versus collective security, a person will always feel alienated from opinionated dogmatists assertively choosing one side over the other, whether they share the same opinion or not. The reason is that zealots often seem to disregard competing values surrounding such complex questions. In a letter filed to the SEC, Palantir (NYSE:PLTR) CEO states that the data-mining company &#34;have chosen sides,&#34; standing by its government clients &#34;when it is convenient, and when it is not.&#34; Albeit well-intentioned, PLTR&#39;s stance entangled the company in Washington&#39;s debates more than would have been necessary, alienating half of the political institution and perhaps the public. I wasn&#39;t surprised that Avril Haines, the former deputy director of the CIA, removed references to consulting work with the software vendor from her biography shortly after joining the Biden Campaign, as reported by The Intercept.</p><p>Mainstream media captures&#39; the public&#39;s perception of PLTR&#39;s controversial position in the following news headlines and excerpts:</p><blockquote>Palantir trades: Shares in the controversial data analytics company Palantir Technologies begin trading publicly on Wednesday. Financial Times,Sept 2020</blockquote><blockquote>Palantir Embraces Controversial US Government Contract Work - Bloomberg,August 2020</blockquote><blockquote>The U.K. government has ended a controversial data agreement with U.S. tech firm Palantir following criticism from privacy campaigners. CNBC,Sept 2021</blockquote><blockquote>Palantir, the controversial data company, makes its Wall Street debut. CNN,Sept. 2020</blockquote><blockquote>Palantir is not a consumer-facing company but its work has generated public protest. Financial Times,December 2019</blockquote><blockquote>Peter Thiel’s Secretive Data Giant Palantir. WSJ,February 2019</blockquote><p>This image will have a detrimental effect on the company&#39;s plans to become the &#34;default operating system for the government,&#34; a stated goal fully incorporated in its share price. For example, PLTR&#39;s COVID-19 contract to track vaccine and infection data reignited controversies over its work with the Trump administration on immigration executive orders described as &#34;cruel&#34;by human rights organizations,arbitrary, and not justified by The Supreme Court, and controversial in mainstream media (as mentioned above). Its co-founder&#39;s outspoken support for Trump and its CEO&#39;s libertarian views didn&#39;t help either. Several congress members wrote:</p><blockquote>Naturally, we have valid concerns on whether the existing surveillance framework Palantir has created to track and arrest immigrants will be supplemented by the troves of potentially personal health information contained within the HHS Protect platform</blockquote><p>The strong resistance from politicians to give too much power to PLTR despite the COVID crises (letter posted on the Washington Post on July 1, 2020) mirrors the deep-rooted concerns over PLTR&#39;s activities and values. I believe that it is reasonable to say that the bigger PLTR gets, the more it will attract public and private scrutiny over its influence, as happened with the COVID contract.</p><p>PLTR acknowledges that public image and news reports over its operations might harm its shares in SEC disclosures. I don&#39;t think management made enough effort to address this issue beyond its lobbying spending. The way PLTR is depicted on mainstream media challenges its ability to maintain government contracts and expand in the commercial sector, harming its valuation. For example, PLTR has consistently traded below peers with similar growth. Moreover, it lacks the safety net available for other companies, presented by M&amp;A prospects. Given the reputational challenges manifested in the news headlines listed above, I doubt that larger tech firms will line up if management deems M&amp;A is a preferred strategic option, touching on the voting power exclusively held by the company&#39;s three co-founders.</p><p>Finally, the inability of PLTR to penetrate the Fortune 500 market after nineteen years of operations mirrors the commercial sector&#39;s worries of being associated with PLTR, in the same way, that Avril Haines decided to delete references to her work with the company.</p><p><b>Competition</b></p><p>Listening to shareholders&#39; questions, one can&#39;t help but sense a distorted image held by some retail investors regarding PLTR&#39;s competitive stance. For example, one shareholder compares PLTR&#39;s market position to the influence of Microsoft&#39;s (MSFT) MS Office. One asked if PLTR has competitors at all? Some think the PLTR products are so unique that they don&#39;t have competitors.</p><p>PLTR faces intense competition, and its products are replaceable. In 2020, the Anti-money Laundering division of The Department of Justice &#34;DOJ&#34; replaced PLTR with DataWalk (DAT.WA), a small-cap, Polish software vendor.</p><p>Many confuse PLTR&#39;s rapid growth with product superiority. However, its high growth stems from its relatively low revenue base in a large market. In 2018, PLTR won a verdict against the government that now mandates Federal organizations to consider commercial software before attempting to build their own. This, benefits PLTR, but also many of its peers who have built-in software solutions such as Microsoft&#39;sSynapse, Oracle&#39;s (ORCL) Database, Cloudera&#39;s (CLDR) Enterprise Data Hub - part of KKR (KKR), Databricks Lakehouse Platform, IBM&#39;s (IBM) Netezza Performance Server, Neo4j, and NuoDB - part of Dassault Systèmes (OTCPK:DASTY), to name just a few.</p><p>PLTR lists several &#34;strengths&#34; to investors, most of which center around the design of its product, which, to its credit, offers an agile data analytics platform. The company also demonstrated exemplary execution, emphasizing working with IT departments before complicating implementation by incorporating end-users into the discussions. PLTR also reduced installation time, shrinking the sales life cycle. However, I believe each client has different design preferences, and I don&#39;t see PLTR as fundamentally superior to its peers.</p><p><b>Growth</b></p><p>Another sign of the market&#39;s failure to assessing PLTR is the market reaction to its EPS miss, which saw its ticker tumble 13% in mid-day trading. Long-term investors should focus on revenue and revenue per share instead of EPS and net income. PLTR&#39;s business model is profitable, as seen in its high gross margins, and its operating losses are temporarily resulting from its growth initiatives. If it chooses, the company can quickly become profitable simply by halting its growth initiatives, but this wouldn&#39;t be in the interest of long-term investors.</p><p>For example, R&amp;D expenditure mirror costs related to scaling its platform for its clients, signaling higher future revenue despite short-term pressure on net income. Similarly, Selling and Marketing costs mirror expenses related to pilot programs which also reflect an interest in the company&#39;s products.</p><p>I believe that PLTR will continue to grow in the next five years at a decreasing rate. The company increased sales by $450 million in 2021; $287 million from government contracts awarded in previous periods, while the remaining $162 million is growth in its commercial segment.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b9153c643474d5c4458bafa60c64038\" tg-width=\"640\" tg-height=\"83\" referrerpolicy=\"no-referrer\"/><span>SEC Filings</span></p><p>These are solid growth figures, but concerns over management&#39;s ability to maintain these rates will continue suppressing the ticker. Management estimates that its revenue will exceed $4 billion in 2025, which translates to 30% annual growth.</p><p>As mentioned above, I don&#39;t believe that PLTR will ever become the default operating system for the government or the commercial sector. A 30% growth rate will translate to a 5% market share in 2026, at which point, more scrutiny over its influence will restrict its growth, similar to what happened when the Trump administration awarded PLTR the COVID-tracing contract.</p><p><b>Valuation</b></p><p>KKR bought CLDR last year for $5.3 billion. At the time of the Purchase, CLDR TTM revenue was close to PLTR&#39;s 2020 revenue of $1 Billion, valuing the company at a 5.3x Price/Sales ratio.</p><p>Using Price/Sales sheds light on valuation without engaging too much into PLTR&#39;s spending on growth initiatives, mirrored in the R&amp;D and Sales accounts. As mentioned above, these expenses are temporary, and given the stickiness of customers and low variable costs, Price/Sales offers a valuable tool for comparable valuation.</p><p>Applying the Price/Sales of 5.3x on PLTR 2021 annual results yields an $8 billion market cap valuation, much less than the current market cap of $23 billion. This overvaluation is also mirrored in Seeking Alpha Quant Score System, which rates PLTR &#34;D&#34; on valuation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df2f7182f478a620c5b3c75828c82390\" tg-width=\"640\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>Even when considering growth, PLTR seems fully valued. Applying a 5.3x Price/Sales ratio on management&#39;s 2025 revenue estimates ($4.4 billion) translates to a $23 billion market cap, less than its current value. Thus, in my view, PLTR doesn&#39;t offer an attractive risk/reward balance.</p><p><b>How I Might be Wrong</b></p><p>Our thesis rests on the inability of PLTR to achieve the 30% growth target through 2025. However, if PLTR hits this target in the short run, the ticker might rise on investors&#39; optimism, contrary to our expectations.</p><p>The challenge in assigning a valuation to a particular ticker stem from the variability of price multiples. The growth-to-value rotation demonstrates this concept. Thus, a reverse in investors&#39; appetite for risk poses a risk for our hypothesis.</p><p>The increased geopolitical risks might increase demand for Gotham. However, this will enhance PLTR&#39;s image as a defense contractor, igniting controversies about immigrant child separation decrees during the Trump era.</p><p>Finally, news headlines that have often presented PLTR as a controversial company might change tone as the software vendor expands in the commercial sector, positively impacting valuation, making this analysis obsolete.</p><p><b>Summary</b></p><p>Current prices incorporate above-average valuation multiples, mirroring higher growth expectations beyond 2025. Nonetheless, this implies that at some point, PLTR will have a market share above 5% (based on $119 billion TAM) which I believe is the threshold where the company will face increased scrutiny over its influence on the public and private sectors, given the negative media coverage affecting its reputation. For this reason, I maintain a hold rating, noting that while some investors might profit from the stock volatility, I don&#39;t see the company offering an attractive risk/reward balance.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir: It Has A Invisible Glass Ceiling?\t</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\">\nPalantir: It Has A Invisible Glass Ceiling?\t\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-28 17:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4498065-palantirs-invisible-glass-ceiling><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIn my view, the more Palantir grows, the more it will attract public scrutiny over its influence.Current prices seem to incorporate management's growth estimates.Speculative investors might ...</p>\n\n<a href=\"https://seekingalpha.com/article/4498065-palantirs-invisible-glass-ceiling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4498065-palantirs-invisible-glass-ceiling","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1197498442","content_text":"SummaryIn my view, the more Palantir grows, the more it will attract public scrutiny over its influence.Current prices seem to incorporate management's growth estimates.Speculative investors might profit from hyped ticker volatility. However, fundamentally, PLTR doesn't offer an attractive risk/reward balance.Drew Angerer/Getty Images NewsInvestment ThesisWhen it comes to trade-offs around complex questions such as individual privacy versus collective security, a person will always feel alienated from opinionated dogmatists assertively choosing one side over the other, whether they share the same opinion or not. The reason is that zealots often seem to disregard competing values surrounding such complex questions. In a letter filed to the SEC, Palantir (NYSE:PLTR) CEO states that the data-mining company \"have chosen sides,\" standing by its government clients \"when it is convenient, and when it is not.\" Albeit well-intentioned, PLTR's stance entangled the company in Washington's debates more than would have been necessary, alienating half of the political institution and perhaps the public. I wasn't surprised that Avril Haines, the former deputy director of the CIA, removed references to consulting work with the software vendor from her biography shortly after joining the Biden Campaign, as reported by The Intercept.Mainstream media captures' the public's perception of PLTR's controversial position in the following news headlines and excerpts:Palantir trades: Shares in the controversial data analytics company Palantir Technologies begin trading publicly on Wednesday. Financial Times,Sept 2020Palantir Embraces Controversial US Government Contract Work - Bloomberg,August 2020The U.K. government has ended a controversial data agreement with U.S. tech firm Palantir following criticism from privacy campaigners. CNBC,Sept 2021Palantir, the controversial data company, makes its Wall Street debut. CNN,Sept. 2020Palantir is not a consumer-facing company but its work has generated public protest. Financial Times,December 2019Peter Thiel’s Secretive Data Giant Palantir. WSJ,February 2019This image will have a detrimental effect on the company's plans to become the \"default operating system for the government,\" a stated goal fully incorporated in its share price. For example, PLTR's COVID-19 contract to track vaccine and infection data reignited controversies over its work with the Trump administration on immigration executive orders described as \"cruel\"by human rights organizations,arbitrary, and not justified by The Supreme Court, and controversial in mainstream media (as mentioned above). Its co-founder's outspoken support for Trump and its CEO's libertarian views didn't help either. Several congress members wrote:Naturally, we have valid concerns on whether the existing surveillance framework Palantir has created to track and arrest immigrants will be supplemented by the troves of potentially personal health information contained within the HHS Protect platformThe strong resistance from politicians to give too much power to PLTR despite the COVID crises (letter posted on the Washington Post on July 1, 2020) mirrors the deep-rooted concerns over PLTR's activities and values. I believe that it is reasonable to say that the bigger PLTR gets, the more it will attract public and private scrutiny over its influence, as happened with the COVID contract.PLTR acknowledges that public image and news reports over its operations might harm its shares in SEC disclosures. I don't think management made enough effort to address this issue beyond its lobbying spending. The way PLTR is depicted on mainstream media challenges its ability to maintain government contracts and expand in the commercial sector, harming its valuation. For example, PLTR has consistently traded below peers with similar growth. Moreover, it lacks the safety net available for other companies, presented by M&A prospects. Given the reputational challenges manifested in the news headlines listed above, I doubt that larger tech firms will line up if management deems M&A is a preferred strategic option, touching on the voting power exclusively held by the company's three co-founders.Finally, the inability of PLTR to penetrate the Fortune 500 market after nineteen years of operations mirrors the commercial sector's worries of being associated with PLTR, in the same way, that Avril Haines decided to delete references to her work with the company.CompetitionListening to shareholders' questions, one can't help but sense a distorted image held by some retail investors regarding PLTR's competitive stance. For example, one shareholder compares PLTR's market position to the influence of Microsoft's (MSFT) MS Office. One asked if PLTR has competitors at all? Some think the PLTR products are so unique that they don't have competitors.PLTR faces intense competition, and its products are replaceable. In 2020, the Anti-money Laundering division of The Department of Justice \"DOJ\" replaced PLTR with DataWalk (DAT.WA), a small-cap, Polish software vendor.Many confuse PLTR's rapid growth with product superiority. However, its high growth stems from its relatively low revenue base in a large market. In 2018, PLTR won a verdict against the government that now mandates Federal organizations to consider commercial software before attempting to build their own. This, benefits PLTR, but also many of its peers who have built-in software solutions such as Microsoft'sSynapse, Oracle's (ORCL) Database, Cloudera's (CLDR) Enterprise Data Hub - part of KKR (KKR), Databricks Lakehouse Platform, IBM's (IBM) Netezza Performance Server, Neo4j, and NuoDB - part of Dassault Systèmes (OTCPK:DASTY), to name just a few.PLTR lists several \"strengths\" to investors, most of which center around the design of its product, which, to its credit, offers an agile data analytics platform. The company also demonstrated exemplary execution, emphasizing working with IT departments before complicating implementation by incorporating end-users into the discussions. PLTR also reduced installation time, shrinking the sales life cycle. However, I believe each client has different design preferences, and I don't see PLTR as fundamentally superior to its peers.GrowthAnother sign of the market's failure to assessing PLTR is the market reaction to its EPS miss, which saw its ticker tumble 13% in mid-day trading. Long-term investors should focus on revenue and revenue per share instead of EPS and net income. PLTR's business model is profitable, as seen in its high gross margins, and its operating losses are temporarily resulting from its growth initiatives. If it chooses, the company can quickly become profitable simply by halting its growth initiatives, but this wouldn't be in the interest of long-term investors.For example, R&D expenditure mirror costs related to scaling its platform for its clients, signaling higher future revenue despite short-term pressure on net income. Similarly, Selling and Marketing costs mirror expenses related to pilot programs which also reflect an interest in the company's products.I believe that PLTR will continue to grow in the next five years at a decreasing rate. The company increased sales by $450 million in 2021; $287 million from government contracts awarded in previous periods, while the remaining $162 million is growth in its commercial segment.SEC FilingsThese are solid growth figures, but concerns over management's ability to maintain these rates will continue suppressing the ticker. Management estimates that its revenue will exceed $4 billion in 2025, which translates to 30% annual growth.As mentioned above, I don't believe that PLTR will ever become the default operating system for the government or the commercial sector. A 30% growth rate will translate to a 5% market share in 2026, at which point, more scrutiny over its influence will restrict its growth, similar to what happened when the Trump administration awarded PLTR the COVID-tracing contract.ValuationKKR bought CLDR last year for $5.3 billion. At the time of the Purchase, CLDR TTM revenue was close to PLTR's 2020 revenue of $1 Billion, valuing the company at a 5.3x Price/Sales ratio.Using Price/Sales sheds light on valuation without engaging too much into PLTR's spending on growth initiatives, mirrored in the R&D and Sales accounts. As mentioned above, these expenses are temporary, and given the stickiness of customers and low variable costs, Price/Sales offers a valuable tool for comparable valuation.Applying the Price/Sales of 5.3x on PLTR 2021 annual results yields an $8 billion market cap valuation, much less than the current market cap of $23 billion. This overvaluation is also mirrored in Seeking Alpha Quant Score System, which rates PLTR \"D\" on valuation.Seeking AlphaEven when considering growth, PLTR seems fully valued. Applying a 5.3x Price/Sales ratio on management's 2025 revenue estimates ($4.4 billion) translates to a $23 billion market cap, less than its current value. Thus, in my view, PLTR doesn't offer an attractive risk/reward balance.How I Might be WrongOur thesis rests on the inability of PLTR to achieve the 30% growth target through 2025. However, if PLTR hits this target in the short run, the ticker might rise on investors' optimism, contrary to our expectations.The challenge in assigning a valuation to a particular ticker stem from the variability of price multiples. The growth-to-value rotation demonstrates this concept. Thus, a reverse in investors' appetite for risk poses a risk for our hypothesis.The increased geopolitical risks might increase demand for Gotham. However, this will enhance PLTR's image as a defense contractor, igniting controversies about immigrant child separation decrees during the Trump era.Finally, news headlines that have often presented PLTR as a controversial company might change tone as the software vendor expands in the commercial sector, positively impacting valuation, making this analysis obsolete.SummaryCurrent prices incorporate above-average valuation multiples, mirroring higher growth expectations beyond 2025. Nonetheless, this implies that at some point, PLTR will have a market share above 5% (based on $119 billion TAM) which I believe is the threshold where the company will face increased scrutiny over its influence on the public and private sectors, given the negative media coverage affecting its reputation. For this reason, I maintain a hold rating, noting that while some investors might profit from the stock volatility, I don't see the company offering an attractive risk/reward balance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037408303,"gmtCreate":1648162886689,"gmtModify":1676534310424,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037408303","repostId":"1179240040","repostType":4,"repost":{"id":"1179240040","kind":"news","pubTimestamp":1648161957,"share":"https://ttm.financial/m/news/1179240040?lang=&edition=fundamental","pubTime":"2022-03-25 06:45","market":"us","language":"en","title":"Nio Earnings Miss Estimates Amid Supply Pressures","url":"https://stock-news.laohu8.com/highlight/detail?id=1179240040","media":"Bloomberg","summary":"Nio Inc., the Chinese electric vehicle manufacturer that started trading in Hong Kong earlier this m","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NIO\">Nio Inc.</a>, the Chinese electric vehicle manufacturer that started trading in Hong Kong earlier this month, posted fourth-quarter earnings that missed analyst estimates as the industry was buffeted by supply chain pressure throughout the year.</p><p>The Shanghai-based company reported a net loss of 2.14 billion yuan ($336.4 million) in the three months ended Dec. 31, according to a statement released after the U.S. market closed Thursday. Analysts estimated a shortfall of 1.51 billion yuan, according to data compiled by Bloomberg. Revenue increased 49% from a year earlier to 9.9 billion yuan.</p><p>Like its rivals, Nio has faced intense supply disruption across a number of items from semiconductors to raw battery materials. The price of lithium has soared nearly 500% in the past year, adding to cost pressures for EV producers. Focused mainly on the premium end of the market, Niosaidit would pass on costs to buyers in the short term.</p><p>Delivering 91,429 vehicles in 2021 helped Nio achieve annual revenue of 36.1 billion yuan, broadly in line with the 35.8 billion yuan forecast. Just over 25,000 vehicles were shipped in the final quarter. It reported a vehicle margin of 20.9% through the last quarter of 2021.</p><p>New-energy vehicle sales in China surged almost 170% last year, the China Passenger Car Association said in January. The industry group increased its 2022 sales forecast to more than 5.5 million, from a previous estimate of 4.8 million, partly as the supply chain crunch starts to ease.</p><p>Nio shares rose 0.23% in extended trading after reporting earnings.<img src=\"https://static.tigerbbs.com/4b7fbf9641188d77a3b4aa24a644f2cf\" tg-width=\"934\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Earnings Miss Estimates Amid Supply Pressures</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\">\nNio Earnings Miss Estimates Amid Supply Pressures\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-25 06:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-03-24/china-ev-maker-nio-earnings-miss-estimates-amid-supply-pressures><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio Inc., the Chinese electric vehicle manufacturer that started trading in Hong Kong earlier this month, posted fourth-quarter earnings that missed analyst estimates as the industry was buffeted by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-03-24/china-ev-maker-nio-earnings-miss-estimates-amid-supply-pressures\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.bloomberg.com/news/articles/2022-03-24/china-ev-maker-nio-earnings-miss-estimates-amid-supply-pressures","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179240040","content_text":"Nio Inc., the Chinese electric vehicle manufacturer that started trading in Hong Kong earlier this month, posted fourth-quarter earnings that missed analyst estimates as the industry was buffeted by supply chain pressure throughout the year.The Shanghai-based company reported a net loss of 2.14 billion yuan ($336.4 million) in the three months ended Dec. 31, according to a statement released after the U.S. market closed Thursday. Analysts estimated a shortfall of 1.51 billion yuan, according to data compiled by Bloomberg. Revenue increased 49% from a year earlier to 9.9 billion yuan.Like its rivals, Nio has faced intense supply disruption across a number of items from semiconductors to raw battery materials. The price of lithium has soared nearly 500% in the past year, adding to cost pressures for EV producers. Focused mainly on the premium end of the market, Niosaidit would pass on costs to buyers in the short term.Delivering 91,429 vehicles in 2021 helped Nio achieve annual revenue of 36.1 billion yuan, broadly in line with the 35.8 billion yuan forecast. Just over 25,000 vehicles were shipped in the final quarter. It reported a vehicle margin of 20.9% through the last quarter of 2021.New-energy vehicle sales in China surged almost 170% last year, the China Passenger Car Association said in January. The industry group increased its 2022 sales forecast to more than 5.5 million, from a previous estimate of 4.8 million, partly as the supply chain crunch starts to ease.Nio shares rose 0.23% in extended trading after reporting earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037685467,"gmtCreate":1648092623385,"gmtModify":1676534303411,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037685467","repostId":"1134268123","repostType":4,"repost":{"id":"1134268123","kind":"news","pubTimestamp":1648089652,"share":"https://ttm.financial/m/news/1134268123?lang=&edition=fundamental","pubTime":"2022-03-24 10:40","market":"us","language":"en","title":"Tesla Stock Briefly Exceeded $1,000. Exactly Why Is a Puzzle.","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268123","media":"Barrons","summary":"Teslastock oncejumped back above $1,000onWednesday, gaining for a seventh straight session, and without much news, even while the rest of the market is in the red.Late Wednesday morning,Tesla(ticker: ","content":"<html><head></head><body><p>Tesla stock once jumped back above $1,000 on Wednesday, gaining for a seventh straight session, and without much news, even while the rest of the market is in the red.</p><p>Late Wednesday morning, Tesla (ticker: TSLA) shares rose to $1,040.70, up $46.72 or 4.7%. </p><p>If the gain lasts, this would mark Tesla stock’s highest closing level since Jan. 18, when it closed at $1,030.51, according to Dow Jones Market Data. The seven-day rally, for a gain of 34.4%, is the longest winning streak since the seven sessions ended Aug. 5. And the gain is the best for a stretch of that length since the stock rose 35.2% in the seven days ended Nov. 1.</p><p>But Tesla share trimmed their benefits in Wednesday afternoon trading and closed higher 0.52% at $999.11.</p><p>Shares are up 14.8% so far in March, putting Tesla stock on pace for the best month since October 2021. Shares rose almost 44% back then.</p><p>There isn’t much news to pin Wednesday’s gains on. Wall Street analysts don’t seem to be playing a role. A few firms have changed their price targets for the stock, but there has been nothing striking. And the average call on the price has fallen by roughly $4 over the past week to about $939 a share.</p><p>Interest rates aren’t helping either. The yield on the U.S. 10-year Treasury note is up about 0.2 percentage point over the past week. Higher rates hurt richly valued growth stocks such as Tesla more than others because the bulk of those companies’ profits are expected to roll in years from now. When rates rise, the discounted current value of those future earnings falls.</p><p>The move seems to be a carry-over from events earlier in the week. Tesla opened its Germany manufacturing facility Tuesday. And before that, CEO Elon Musk tweeted about his “Master Plan 3,” which would follow plans written in 2006 and 2016. The third iteration will include comments about scaling Tesla to “extreme size,” according to the CEO.</p><p>Tesla is expected to delivery about 1.5 million units in 2022, up from 936,000 in 2021. The company wants to increase its production and sales volumes at 50% a year on average for the foreseeable future.</p><p>Investors might also be feeling upbeat about the outlook for Tesla’s first-quarter delivery numbers. That data is due to be reported around April 2. Wall Street currently projects Tesla will deliver about 322,000 vehicles, up from 306,000 delivered in the fourth quarter of 2022.</p></body></html>","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 Stock Briefly Exceeded $1,000. Exactly Why Is a Puzzle.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Briefly Exceeded $1,000. Exactly Why Is a Puzzle.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-24 10:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-winning-streak-reasons-51648052780?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla stock once jumped back above $1,000 on Wednesday, gaining for a seventh straight session, and without much news, even while the rest of the market is in the red.Late Wednesday morning, Tesla (...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-winning-streak-reasons-51648052780?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-winning-streak-reasons-51648052780?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268123","content_text":"Tesla stock once jumped back above $1,000 on Wednesday, gaining for a seventh straight session, and without much news, even while the rest of the market is in the red.Late Wednesday morning, Tesla (ticker: TSLA) shares rose to $1,040.70, up $46.72 or 4.7%. If the gain lasts, this would mark Tesla stock’s highest closing level since Jan. 18, when it closed at $1,030.51, according to Dow Jones Market Data. The seven-day rally, for a gain of 34.4%, is the longest winning streak since the seven sessions ended Aug. 5. And the gain is the best for a stretch of that length since the stock rose 35.2% in the seven days ended Nov. 1.But Tesla share trimmed their benefits in Wednesday afternoon trading and closed higher 0.52% at $999.11.Shares are up 14.8% so far in March, putting Tesla stock on pace for the best month since October 2021. Shares rose almost 44% back then.There isn’t much news to pin Wednesday’s gains on. Wall Street analysts don’t seem to be playing a role. A few firms have changed their price targets for the stock, but there has been nothing striking. And the average call on the price has fallen by roughly $4 over the past week to about $939 a share.Interest rates aren’t helping either. The yield on the U.S. 10-year Treasury note is up about 0.2 percentage point over the past week. Higher rates hurt richly valued growth stocks such as Tesla more than others because the bulk of those companies’ profits are expected to roll in years from now. When rates rise, the discounted current value of those future earnings falls.The move seems to be a carry-over from events earlier in the week. Tesla opened its Germany manufacturing facility Tuesday. And before that, CEO Elon Musk tweeted about his “Master Plan 3,” which would follow plans written in 2006 and 2016. The third iteration will include comments about scaling Tesla to “extreme size,” according to the CEO.Tesla is expected to delivery about 1.5 million units in 2022, up from 936,000 in 2021. The company wants to increase its production and sales volumes at 50% a year on average for the foreseeable future.Investors might also be feeling upbeat about the outlook for Tesla’s first-quarter delivery numbers. That data is due to be reported around April 2. Wall Street currently projects Tesla will deliver about 322,000 vehicles, up from 306,000 delivered in the fourth quarter of 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037132780,"gmtCreate":1648047512840,"gmtModify":1676534296961,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037132780","repostId":"2221160370","repostType":4,"repost":{"id":"2221160370","kind":"highlight","pubTimestamp":1648029600,"share":"https://ttm.financial/m/news/2221160370?lang=&edition=fundamental","pubTime":"2022-03-23 18:00","market":"us","language":"en","title":"3 Beaten-Down Tech Stocks With Up to 223% Upside, According to Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2221160370","media":"Motley Fool","summary":"Select analysts believe these former highfliers can soar once more.","content":"<html><head></head><body><p>It&#39;s a challenging time to be a tech-stock investor. Since mid-November, the tech-centric <b>Nasdaq Composite</b> declined by as much as 22%, which officially put the index in bear market territory as recently as last week. What&#39;s more, a number of popular pandemic tech plays have sold off considerably since February 2021.</p><p>While sell-offs aren&#39;t much fun, they&#39;re a natural part of the investing cycle and potentially the perfect time to put money to work in the stock market. Ultimately, every downdraft in the broader market has eventually been erased by a bull market rally.</p><p>According to the lofty published price targets from a select group of Wall Street analysts, the following trio of beaten-down tech stocks offer as much as 223% upside over the next year.</p><h2><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>: Implied upside of 86%</h2><p>Up first is cloud-based data-warehousing company <b>Snowflake</b> ( SNOW 5.63% ). As of this past weekend, the stock was 45% below its all-time high of $405, which was hit in November.</p><p>This big drop hasn&#39;t done much to sway the confidence of <b>Credit Suisse</b> analyst Phil Winslow, who maintains a $415 price target on Snowflake. Winslow has long viewed Snowflake as a company that would play a key role throughout the &#34;data value chain,&#34; which is probably why he sees 86% upside in its shares.</p><p>The beauty of Snowflake&#39;s operating model is twofold. First, there are clear competitive advantages. For example, sharing data stored on competing cloud infrastructure services can be difficult for businesses. But this isn&#39;t an issue for Snowflake customers. Because Snowflake&#39;s infrastructure is layered atop these popular cloud infrastructure providers, sharing data is seamless.</p><p>In addition, Snowflake has also shunned the traditional subscription-based payment model in favor of <a href=\"https://laohu8.com/S/AONE.U\">one</a> that charges based on the amount of data stored and Snowflake Compute Credits used. This considerably more transparent pricing method allows Snowflake&#39;s customers to better control their expensing (and they seem to like that).</p><p>The other benefit with Snowflake for investors is an industry-leading growth rate. In the company&#39;s recently reported fiscal fourth quarter, it delivered 102% year-over-year sales growth with an exceptional net revenue retention rate of 178%. In simpler terms, existing clients spent 78% more in Q4 2022 than they did during the comparable quarter last year.</p><p>As I&#39;ve previously pointed out, Snowflake&#39;s biggest enemy is its valuation. In a rising-rate environment, investors may not be willing to pay a multiple of 34 times expected fiscal 2023 sales, or more than 600 times consensus earnings for fiscal 2024. While I&#39;m of the opinion that Snowflake deserves a premium for its growth and competitive edge, it still looks too pricey for my taste.</p><h2>Coinbase Global: Implied upside of 223%</h2><p>Another beaten-down tech stock with abundant upside is cryptocurrency exchange and ecosystem-play <b>Coinbase Global</b> ( COIN 5.24% ). Shares of the company have plunged 57% since hitting an all-time high last year.</p><p>Even before Coinbase started trading as a public company last year, MoffettNathanson analyst Lisa Ellis issued a $600 price target on its shares, which would value it at more than $150 billion. Ellis points to Coinbase&#39;s ecosystem &#34;providing essential building blocks to facilitate the use of cryptocurrencies&#34; as the core reason for her bullishness on the company.</p><p>Coinbase Global&#39;s first year as a publicly traded company certainly went well from a fundamental standpoint. The company ended 2021 with 11.4 million monthly transacting users, which more than quadrupled where it finished 2020. Further, assets stored on the platform more than tripled to $278 billion, with net income soaring by a factor of 11 to $3.62 billion.  Strong performances from the Big <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>, <b>Bitcoin</b> and <b>Ethereum</b>, coupled with growing interest in non-fungible tokens (NFT) and a blockchain-based, decentralized metaverse, drove investors to crypto like never before.</p><p>But there are also reasons for investors to be skeptical of Coinbase -- even at $186 a share. For instance, Bitcoin and Ethereum accounted for 55% of total trading volume in 2021. These two tokens are prone to wild swings and bear markets. The problem is that bear markets in the crypto space often cause volume and interest in digital currency investing to fall off a cliff. In other words, Coinbase is far more reliant on investor emotions than its own innovation.</p><p>It&#39;s also a company that could contend with shrinking margins over the long run. There&#39;s virtually no barrier to entry in the crypto-exchange space, which could allow competing platforms to undercut Coinbase&#39;s transaction fees. As investors, we watched traditional online stock brokerages undercut each other on price for two decades until commission fees were eventually done away with altogether. My suspicion is Coinbase will face the same persistent pressure on its margins over time.</p><h2><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications: Implied upside of 154%</h2><p>The third and final beaten-down tech stock that could rocket higher, according to Wall Street, is cloud-based Web-conferencing company <b>Zoom Video Communications</b> ( ZM 2.51% ). Shares of Zoom have plummeted 80% in 17 months since hitting a record intraday high of nearly $589.</p><p>At the moment, Wall Street&#39;s high-water price target on Zoom comes courtesy of analyst Sterling Auty at <b>JPMorgan Chase</b>. Even after lowering the firm&#39;s price target to $295 from $385 following Zoom&#39;s fourth-quarter operating results, a $295 target still implies up to 154% upside over the next 12 months.</p><p>Auty&#39;s long-term growth case for Zoom hasn&#39;t changed much, even as shares of the Web-conferencing company have returned from the stratosphere. Auty believes that enterprise adoption will begin to pick up in 2022 (fiscal 2023 for Zoom) and beyond.</p><p>In many respects, the ultimate pandemic play is still firing on all cylinders. Full-year sales in fiscal 2022 hit $4.1 billion, which marked a 55% increase from the previous year and a 558% increase over the company&#39;s sales in fiscal 2020.</p><p>Growth has been particularly strong among larger businesses. Zoom ended last year with 2,725 customers that were contributing at least $100,000 in trailing-12-month (ttm) revenue. That&#39;s up from just 641 customers contributing at least $100,000 in ttm sales in fiscal 2020.</p><p>Interestingly, though, Zoom&#39;s share price has gone virtually nowhere despite the company generating $1.6 billion in operating cash flow last year and sitting on a hearty $5.4 billion in cash and marketable securities. This cash flow and war chest should allow Zoom plenty of room to innovate and make earnings-accretive acquisitions.</p><p>Even though growth has slowed from its peak during the pandemic, Zoom&#39;s Web-conferencing solutions have become embedded in the workplace. In fact, &#34;Zoom&#34; has become its own verb to describe a virtual meeting in the wake of the pandemic. While its hypergrowth stage is a thing of the past, sustained low double-digit growth could eventually (i.e., probably not in the next year) drive Zoom to $295 a share.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Beaten-Down Tech Stocks With Up to 223% Upside, According to Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Beaten-Down Tech Stocks With Up to 223% Upside, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-23 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/23/3-beaten-down-tech-stocks-223-upside-wall-street/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's a challenging time to be a tech-stock investor. Since mid-November, the tech-centric Nasdaq Composite declined by as much as 22%, which officially put the index in bear market territory as ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/23/3-beaten-down-tech-stocks-223-upside-wall-street/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4559":"巴菲特持仓","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","BK4528":"SaaS概念","BK4116":"互联网服务与基础架构","BK4539":"次新股","BK4581":"高盛持仓","SNOW":"Snowflake","BK4023":"应用软件","BK4112":"金融交易所和数据","ZM":"Zoom","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","COIN":"Coinbase Global, Inc.","BK4503":"景林资产持仓","BK4535":"淡马锡持仓"},"source_url":"https://www.fool.com/investing/2022/03/23/3-beaten-down-tech-stocks-223-upside-wall-street/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2221160370","content_text":"It's a challenging time to be a tech-stock investor. Since mid-November, the tech-centric Nasdaq Composite declined by as much as 22%, which officially put the index in bear market territory as recently as last week. What's more, a number of popular pandemic tech plays have sold off considerably since February 2021.While sell-offs aren't much fun, they're a natural part of the investing cycle and potentially the perfect time to put money to work in the stock market. Ultimately, every downdraft in the broader market has eventually been erased by a bull market rally.According to the lofty published price targets from a select group of Wall Street analysts, the following trio of beaten-down tech stocks offer as much as 223% upside over the next year.Snowflake: Implied upside of 86%Up first is cloud-based data-warehousing company Snowflake ( SNOW 5.63% ). As of this past weekend, the stock was 45% below its all-time high of $405, which was hit in November.This big drop hasn't done much to sway the confidence of Credit Suisse analyst Phil Winslow, who maintains a $415 price target on Snowflake. Winslow has long viewed Snowflake as a company that would play a key role throughout the \"data value chain,\" which is probably why he sees 86% upside in its shares.The beauty of Snowflake's operating model is twofold. First, there are clear competitive advantages. For example, sharing data stored on competing cloud infrastructure services can be difficult for businesses. But this isn't an issue for Snowflake customers. Because Snowflake's infrastructure is layered atop these popular cloud infrastructure providers, sharing data is seamless.In addition, Snowflake has also shunned the traditional subscription-based payment model in favor of one that charges based on the amount of data stored and Snowflake Compute Credits used. This considerably more transparent pricing method allows Snowflake's customers to better control their expensing (and they seem to like that).The other benefit with Snowflake for investors is an industry-leading growth rate. In the company's recently reported fiscal fourth quarter, it delivered 102% year-over-year sales growth with an exceptional net revenue retention rate of 178%. In simpler terms, existing clients spent 78% more in Q4 2022 than they did during the comparable quarter last year.As I've previously pointed out, Snowflake's biggest enemy is its valuation. In a rising-rate environment, investors may not be willing to pay a multiple of 34 times expected fiscal 2023 sales, or more than 600 times consensus earnings for fiscal 2024. While I'm of the opinion that Snowflake deserves a premium for its growth and competitive edge, it still looks too pricey for my taste.Coinbase Global: Implied upside of 223%Another beaten-down tech stock with abundant upside is cryptocurrency exchange and ecosystem-play Coinbase Global ( COIN 5.24% ). Shares of the company have plunged 57% since hitting an all-time high last year.Even before Coinbase started trading as a public company last year, MoffettNathanson analyst Lisa Ellis issued a $600 price target on its shares, which would value it at more than $150 billion. Ellis points to Coinbase's ecosystem \"providing essential building blocks to facilitate the use of cryptocurrencies\" as the core reason for her bullishness on the company.Coinbase Global's first year as a publicly traded company certainly went well from a fundamental standpoint. The company ended 2021 with 11.4 million monthly transacting users, which more than quadrupled where it finished 2020. Further, assets stored on the platform more than tripled to $278 billion, with net income soaring by a factor of 11 to $3.62 billion.  Strong performances from the Big Two, Bitcoin and Ethereum, coupled with growing interest in non-fungible tokens (NFT) and a blockchain-based, decentralized metaverse, drove investors to crypto like never before.But there are also reasons for investors to be skeptical of Coinbase -- even at $186 a share. For instance, Bitcoin and Ethereum accounted for 55% of total trading volume in 2021. These two tokens are prone to wild swings and bear markets. The problem is that bear markets in the crypto space often cause volume and interest in digital currency investing to fall off a cliff. In other words, Coinbase is far more reliant on investor emotions than its own innovation.It's also a company that could contend with shrinking margins over the long run. There's virtually no barrier to entry in the crypto-exchange space, which could allow competing platforms to undercut Coinbase's transaction fees. As investors, we watched traditional online stock brokerages undercut each other on price for two decades until commission fees were eventually done away with altogether. My suspicion is Coinbase will face the same persistent pressure on its margins over time.Zoom Video Communications: Implied upside of 154%The third and final beaten-down tech stock that could rocket higher, according to Wall Street, is cloud-based Web-conferencing company Zoom Video Communications ( ZM 2.51% ). Shares of Zoom have plummeted 80% in 17 months since hitting a record intraday high of nearly $589.At the moment, Wall Street's high-water price target on Zoom comes courtesy of analyst Sterling Auty at JPMorgan Chase. Even after lowering the firm's price target to $295 from $385 following Zoom's fourth-quarter operating results, a $295 target still implies up to 154% upside over the next 12 months.Auty's long-term growth case for Zoom hasn't changed much, even as shares of the Web-conferencing company have returned from the stratosphere. Auty believes that enterprise adoption will begin to pick up in 2022 (fiscal 2023 for Zoom) and beyond.In many respects, the ultimate pandemic play is still firing on all cylinders. Full-year sales in fiscal 2022 hit $4.1 billion, which marked a 55% increase from the previous year and a 558% increase over the company's sales in fiscal 2020.Growth has been particularly strong among larger businesses. Zoom ended last year with 2,725 customers that were contributing at least $100,000 in trailing-12-month (ttm) revenue. That's up from just 641 customers contributing at least $100,000 in ttm sales in fiscal 2020.Interestingly, though, Zoom's share price has gone virtually nowhere despite the company generating $1.6 billion in operating cash flow last year and sitting on a hearty $5.4 billion in cash and marketable securities. This cash flow and war chest should allow Zoom plenty of room to innovate and make earnings-accretive acquisitions.Even though growth has slowed from its peak during the pandemic, Zoom's Web-conferencing solutions have become embedded in the workplace. In fact, \"Zoom\" has become its own verb to describe a virtual meeting in the wake of the pandemic. While its hypergrowth stage is a thing of the past, sustained low double-digit growth could eventually (i.e., probably not in the next year) drive Zoom to $295 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034242524,"gmtCreate":1647910460046,"gmtModify":1676534278603,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ook","listText":"Ook","text":"Ook","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034242524","repostId":"2221307540","repostType":4,"repost":{"id":"2221307540","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":1647903883,"share":"https://ttm.financial/m/news/2221307540?lang=&edition=fundamental","pubTime":"2022-03-22 07:04","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Lower after Powell's Hawkish Remarks","url":"https://stock-news.laohu8.com/highlight/detail?id=2221307540","media":"Reuters","summary":"Wall Street closed lower on Monday, with stocks extending their slide after U.S. Federal Reserve Cha","content":"<html><head></head><body><p>Wall Street closed lower on Monday, with stocks extending their slide after U.S. Federal Reserve Chairman Jerome Powell hinted at a more aggressive tightening of monetary policy than previously anticipated, adding to uncertainties regarding the Russian invasion of Ukraine.</p><p>All three major U.S. stock indexes snapped four-session winning streaks on the heels of their biggest weekly percentage gains since early November 2020.</p><p>The central bank must move &#34;expeditiously&#34; to combat inflation, Powell told the National Association for Business Economics conference, adding that bigger-than-usual interest rate hikes could be deployed if needed.</p><p>&#34;Much of the news today was telegraphed last week in (Powell&#39;s) comments,&#34; said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. &#34;The difference is there was some question regarding whether a 50 basis-point rate hike might be a course of action sooner rather than later.&#34;</p><p>Fed funds futures now imply a 60.7% chance of a 50 basis-point hike in key interest rates at the Fed&#39;s next meeting in May, up from 52% before the text of Powell&#39;s speech was released.</p><p>&#34;Some Fed governors have been vocal about front-end loading some of those hikes, putting them on the books sooner rather than later,&#34; Keator added. &#34;But I don&#39;t think the markets should anticipate a series of 50 basis-point rate hikes between now and the end of the year.&#34;</p><p>Fighting raged on in Ukraine as efforts to negotiate an end to the conflict appeared to be making little progress.</p><p>Crude prices  continued to surge as the European Union weighed joining the United States in banning Russian oil   , which raised supply concerns and helped put energy shares out front.</p><p>According to preliminary data, the S&amp;P 500    lost 1.67 points, or 0.04%, to end at 4,461.45 points, while the Nasdaq Composite    lost 54.55 points, or 0.38%, to 13,839.29. The Dow Jones Industrial Average fell 201.87 points, or 0.58%, to 34,556.78.</p><p>Shares of Boeing Co  slid after <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its 737-800 aircraft operated by China Eastern Airlines crashed in southern China with no apparent survivors.</p><p>The rising geopolitical temperature helped defense stocks. Despite Boeing&#39;s decline, the S&amp;P 500 Aerospace and Defense index    rose, with Lockheed Martin  , Raytheon, Northrop Grumman  and General Dynamics all gaining solidly.</p><p>A Moscow court labeled <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc  an &#34;extremist organisation,&#34; upholding a decision to ban Facebook in Russia. Meta&#39;s shares ended the session lower.</p><p><a href=\"https://laohu8.com/S/Y\">Alleghany Corp</a>   surged after Warren Buffett&#39;s Berkshire Hathaway Inc struck an $11.6 billion deal to buy the owner of reinsurer TransRe.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Lower after Powell's Hawkish Remarks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Lower after Powell's Hawkish Remarks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-22 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed lower on Monday, with stocks extending their slide after U.S. Federal Reserve Chairman Jerome Powell hinted at a more aggressive tightening of monetary policy than previously anticipated, adding to uncertainties regarding the Russian invasion of Ukraine.</p><p>All three major U.S. stock indexes snapped four-session winning streaks on the heels of their biggest weekly percentage gains since early November 2020.</p><p>The central bank must move &#34;expeditiously&#34; to combat inflation, Powell told the National Association for Business Economics conference, adding that bigger-than-usual interest rate hikes could be deployed if needed.</p><p>&#34;Much of the news today was telegraphed last week in (Powell&#39;s) comments,&#34; said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. &#34;The difference is there was some question regarding whether a 50 basis-point rate hike might be a course of action sooner rather than later.&#34;</p><p>Fed funds futures now imply a 60.7% chance of a 50 basis-point hike in key interest rates at the Fed&#39;s next meeting in May, up from 52% before the text of Powell&#39;s speech was released.</p><p>&#34;Some Fed governors have been vocal about front-end loading some of those hikes, putting them on the books sooner rather than later,&#34; Keator added. &#34;But I don&#39;t think the markets should anticipate a series of 50 basis-point rate hikes between now and the end of the year.&#34;</p><p>Fighting raged on in Ukraine as efforts to negotiate an end to the conflict appeared to be making little progress.</p><p>Crude prices  continued to surge as the European Union weighed joining the United States in banning Russian oil   , which raised supply concerns and helped put energy shares out front.</p><p>According to preliminary data, the S&amp;P 500    lost 1.67 points, or 0.04%, to end at 4,461.45 points, while the Nasdaq Composite    lost 54.55 points, or 0.38%, to 13,839.29. The Dow Jones Industrial Average fell 201.87 points, or 0.58%, to 34,556.78.</p><p>Shares of Boeing Co  slid after <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its 737-800 aircraft operated by China Eastern Airlines crashed in southern China with no apparent survivors.</p><p>The rising geopolitical temperature helped defense stocks. Despite Boeing&#39;s decline, the S&amp;P 500 Aerospace and Defense index    rose, with Lockheed Martin  , Raytheon, Northrop Grumman  and General Dynamics all gaining solidly.</p><p>A Moscow court labeled <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc  an &#34;extremist organisation,&#34; upholding a decision to ban Facebook in Russia. Meta&#39;s shares ended the session lower.</p><p><a href=\"https://laohu8.com/S/Y\">Alleghany Corp</a>   surged after Warren Buffett&#39;s Berkshire Hathaway Inc struck an $11.6 billion deal to buy the owner of reinsurer TransRe.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","POWL":"Powell Industries",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4096":"电气部件与设备"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2221307540","content_text":"Wall Street closed lower on Monday, with stocks extending their slide after U.S. Federal Reserve Chairman Jerome Powell hinted at a more aggressive tightening of monetary policy than previously anticipated, adding to uncertainties regarding the Russian invasion of Ukraine.All three major U.S. stock indexes snapped four-session winning streaks on the heels of their biggest weekly percentage gains since early November 2020.The central bank must move \"expeditiously\" to combat inflation, Powell told the National Association for Business Economics conference, adding that bigger-than-usual interest rate hikes could be deployed if needed.\"Much of the news today was telegraphed last week in (Powell's) comments,\" said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. \"The difference is there was some question regarding whether a 50 basis-point rate hike might be a course of action sooner rather than later.\"Fed funds futures now imply a 60.7% chance of a 50 basis-point hike in key interest rates at the Fed's next meeting in May, up from 52% before the text of Powell's speech was released.\"Some Fed governors have been vocal about front-end loading some of those hikes, putting them on the books sooner rather than later,\" Keator added. \"But I don't think the markets should anticipate a series of 50 basis-point rate hikes between now and the end of the year.\"Fighting raged on in Ukraine as efforts to negotiate an end to the conflict appeared to be making little progress.Crude prices  continued to surge as the European Union weighed joining the United States in banning Russian oil   , which raised supply concerns and helped put energy shares out front.According to preliminary data, the S&P 500    lost 1.67 points, or 0.04%, to end at 4,461.45 points, while the Nasdaq Composite    lost 54.55 points, or 0.38%, to 13,839.29. The Dow Jones Industrial Average fell 201.87 points, or 0.58%, to 34,556.78.Shares of Boeing Co  slid after one of its 737-800 aircraft operated by China Eastern Airlines crashed in southern China with no apparent survivors.The rising geopolitical temperature helped defense stocks. Despite Boeing's decline, the S&P 500 Aerospace and Defense index    rose, with Lockheed Martin  , Raytheon, Northrop Grumman  and General Dynamics all gaining solidly.A Moscow court labeled Meta Platforms Inc  an \"extremist organisation,\" upholding a decision to ban Facebook in Russia. Meta's shares ended the session lower.Alleghany Corp   surged after Warren Buffett's Berkshire Hathaway Inc struck an $11.6 billion deal to buy the owner of reinsurer TransRe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034110094,"gmtCreate":1647824298312,"gmtModify":1676534268912,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034110094","repostId":"2220279388","repostType":4,"repost":{"id":"2220279388","kind":"highlight","pubTimestamp":1647748820,"share":"https://ttm.financial/m/news/2220279388?lang=&edition=fundamental","pubTime":"2022-03-20 12:00","market":"us","language":"en","title":"10 Highest-Yielding Dividend Aristocrat Stocks for Uncertain Times as Interest Rates Rise and Economic Growth Slows","url":"https://stock-news.laohu8.com/highlight/detail?id=2220279388","media":"MarketWatch","summary":"These companies have long records for raising dividends, providing comfort for investors as rising i","content":"<html><head></head><body><p>These companies have long records for raising dividends, providing comfort for investors as rising interest rates lead to stock-market jitters</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c1437053c2696d9a1c86be2dd67321c\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Getty Images/iStockphoto</span></p><p>Now that the Federal Reserve has started to raise interest rates to counter inflation, this is a good time to take a deep look at the S&amp;P Dividend Aristocrats and isolate stocks with the highest yields. There are more aristocrats than you might expect, with three broad U.S. indexes maintained by S&amp;P Global.</p><p>Below is a screen of all three of the indexes to list the 10 U.S. Dividend Aristocrats with the highest yields.</p><p>On March 16, the Federal Open Market Committee released its policy statement following a two-day meeting and said the target range for the federal funds rate would increase to 0.25% to 0.50% from its previous range of zero to 0.25%.</p><p>The Federal Reserve Board and FOMC also released a set of economic projections, which included an estimated gross domestic product growth rate for 2022 of 2.8%, which was down from the previous 4% estimate in December.</p><p>During a press conference following the release of the FOMC statement, Federal Reserve Chairman Jerome Powell said the committee had &#34;made progress&#34; on a plan to reduce the central bank&#39;s balance sheet, which had ballooned during the coronavirus pandemic as the Fed made extraordinary purchases of government bonds and mortgage-backed securities, to increase the money supply and support the economy.</p><p>Powell said the FOMC would release details of that plan soon. Shrinking the balance sheet would reduce demand for bonds, possibly pushing long-term interest rates higher. As bond prices have declined, the yield on 10-year U.S. Treasury notes  has increased to about 2.23% from 1.51% at the end of 2021.</p><p>In line with the Fed&#39;s prediction of slower economic growth, Jonathan Burton interviewed David Rosenberg, who predicts a recession this summer.</p><p><b>Old reliable -- S&amp;P 500 Dividend Aristocrats</b></p><p>Starting with the benchmark S&amp;P 500  Index, the S&amp;P 500 Dividend Aristocrats Index  is made up of companies that have increased their regular dividends on common shares for at least 25 consecutive years. That&#39;s the only criterion for inclusion as an Aristocrat -- it makes no differences how high the dividend yield might be.</p><p>The index is equal-weighted, rebalanced quarterly and reconstituted annually. It is tracked by the $9.6 billion ProShares S&amp;P 500 Dividend Aristocrats <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a> <a href=\"https://laohu8.com/S/NOBL\">$(NOBL)$</a>, which was established in 2013.</p><p>There are 65 S&amp;P 500 Dividend Aristocrats, with dividend yields ranging from 0.19% to 5.22%, based on closing prices March 15.</p><p>The idea of the Aristocrats isn&#39;t that the stocks will necessarily generate high income for investors. It is that the consistency of dividend increases might signal a commitment by companies&#39; management teams to their shareholders and be an indicator for good performance over the long term. A commitment to continually raising the dividend might also provide comfort that a dividend won&#39;t be cut -- an action that is typically brutal for the share price as investors lose confidence.</p><p>A 15-year chart shows that S&amp;P 500 Dividend Aristocrat have performed well against the full S&amp;P 500:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/91cdf81bcb58133bfe36a5044e6a316f\" tg-width=\"700\" tg-height=\"643\" referrerpolicy=\"no-referrer\"/><span>FactSet</span></p><p>To be sure, the Aristocrats haven&#39;t outperformed for all periods. They lagged during the long bull market through 2021. Then again, they have fared better during the decline of 2022. Here&#39;s a look at this year&#39;s performance and average annual returns for various periods (all through March 15), with dividends reinvested:</p><p><img src=\"https://static.tigerbbs.com/0b80c9de9f22968dc44f8167dcb2ed93\" tg-width=\"1023\" tg-height=\"235\" referrerpolicy=\"no-referrer\"/></p><p><b>Expanding the pool of Dividend Aristocrats</b></p><p>S&amp;P Global actually maintains a large number of Dividend Aristocrat indexes and you can see the full list here, and a shorter list of Aristocrat indexes tracked by exchange-traded funds (which are also listed) here.</p><p>Many of the Aristocrat indexes cover non-U.S. markets. In this article we are focusing on the three broad U.S. Dividend Aristocrat indexes, which have varying criteria and some overlap:</p><ul><li>The S&amp;P 500 Dividend Aristocrats Index, as described above, is made up of the 65 stocks in the benchmark S&amp;P 500 that have raised regular dividends on common shares for at least 25 straight years. It is tracked by NOBL.</li><li>The S&amp;P 400 Dividend Aristocrats Index has 48 stocks of companies that have raised dividends for at least 15 consecutive years, drawn from the full S&amp;P Mid Cap 400 Index. It is tracked by the $1.1 billion ProShares S&amp;P MidCap 400 Dividend Aristocrats ETF.</li><li>The S&amp;P High Yield Dividend Aristocrats Index is made up of the 119 stocks in the S&amp;P Composite 1500 Index that have increased dividends for at least 20 straight years. It is tracked by the $20.1 billion SPDR S&amp;P Dividend ETF. The S&amp;P Composite 1500 itself is made up of the S&amp;P 500, the S&amp;P Mid Cap 400 and the S&amp;P 600 Small Cap Index. So the S&amp;P High Yield Dividend Aristocrats Index includes all the stocks in the S&amp;P  500 Dividend Aristocrats Index. However, it excludes some that are in the S&amp;P 400 Dividend Aristocrats Index. The name of the High Yield Dividend Aristocrats Index is confusing, because the yields, again, aren’t necessarily high — they range from 0.19% to 5.22%.</li></ul><p>So there are three broad U.S. indexes of Dividend Aristocrats, with varying criteria. Then again, they are all labeled as Aristocrats, so we screened the entire group by listing all the component stocks and removing duplicates, for a pool of 135 companies.</p><p><b>Highest-yielding Dividend Aristocrats</b></p><p>From the full list of 135 companies in the three broad U.S. indexes of Dividend Aristocrat stocks, here are the 10 with the highest dividend yields:</p><p><img src=\"https://static.tigerbbs.com/e3829d5547145ced665ae3c0daed4a89\" tg-width=\"1014\" tg-height=\"547\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Highest-Yielding Dividend Aristocrat Stocks for Uncertain Times as Interest Rates Rise and Economic Growth Slows</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\">\n10 Highest-Yielding Dividend Aristocrat Stocks for Uncertain Times as Interest Rates Rise and Economic Growth Slows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-20 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/10-highest-yielding-dividend-aristocrat-stocks-for-uncertain-times-as-interest-rates-rise-and-economic-growth-slows-11647454988?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These companies have long records for raising dividends, providing comfort for investors as rising interest rates lead to stock-market jittersGetty Images/iStockphotoNow that the Federal Reserve has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/10-highest-yielding-dividend-aristocrat-stocks-for-uncertain-times-as-interest-rates-rise-and-economic-growth-slows-11647454988?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OGE":"OGE Energy Corp","NNN":"NNN REIT INC","BK4534":"瑞士信贷持仓","BEN":"富兰克林资源","IBM":"IBM","SSO":"两倍做多标普500ETF","OLPX":"Olaplex Holdings, Inc.","NOBL":"ProShares S&P 500 Aristocrats ETF","BK4559":"巴菲特持仓","SPXU":"三倍做空标普500ETF","BK4550":"红杉资本持仓","OEF":"标普100指数ETF-iShares","OEX":"标普100","NWE":"NorthWestern Corp",".SPX":"S&P 500 Index","CRCT":"Cricut, Inc.","SPY":"标普500ETF","FWRG":"First Watch Restaurant Group, Inc.","O":"Realty Income Corp","BK4581":"高盛持仓","TERN":"Terns Pharmaceuticals, Inc.","BK4504":"桥水持仓","UPRO":"三倍做多标普500ETF","REGL":"ProShares S&P MidCap 400 Dividend Aristocrats ETF","XOM":"埃克森美孚","MCY":"默邱利通用","LEG":"礼恩派","IVV":"标普500指数ETF","HCTI":"Healthcare Triangle, Inc.","BK4539":"次新股","AMCR":"AMCOR PLC"},"source_url":"https://www.marketwatch.com/story/10-highest-yielding-dividend-aristocrat-stocks-for-uncertain-times-as-interest-rates-rise-and-economic-growth-slows-11647454988?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2220279388","content_text":"These companies have long records for raising dividends, providing comfort for investors as rising interest rates lead to stock-market jittersGetty Images/iStockphotoNow that the Federal Reserve has started to raise interest rates to counter inflation, this is a good time to take a deep look at the S&P Dividend Aristocrats and isolate stocks with the highest yields. There are more aristocrats than you might expect, with three broad U.S. indexes maintained by S&P Global.Below is a screen of all three of the indexes to list the 10 U.S. Dividend Aristocrats with the highest yields.On March 16, the Federal Open Market Committee released its policy statement following a two-day meeting and said the target range for the federal funds rate would increase to 0.25% to 0.50% from its previous range of zero to 0.25%.The Federal Reserve Board and FOMC also released a set of economic projections, which included an estimated gross domestic product growth rate for 2022 of 2.8%, which was down from the previous 4% estimate in December.During a press conference following the release of the FOMC statement, Federal Reserve Chairman Jerome Powell said the committee had \"made progress\" on a plan to reduce the central bank's balance sheet, which had ballooned during the coronavirus pandemic as the Fed made extraordinary purchases of government bonds and mortgage-backed securities, to increase the money supply and support the economy.Powell said the FOMC would release details of that plan soon. Shrinking the balance sheet would reduce demand for bonds, possibly pushing long-term interest rates higher. As bond prices have declined, the yield on 10-year U.S. Treasury notes  has increased to about 2.23% from 1.51% at the end of 2021.In line with the Fed's prediction of slower economic growth, Jonathan Burton interviewed David Rosenberg, who predicts a recession this summer.Old reliable -- S&P 500 Dividend AristocratsStarting with the benchmark S&P 500  Index, the S&P 500 Dividend Aristocrats Index  is made up of companies that have increased their regular dividends on common shares for at least 25 consecutive years. That's the only criterion for inclusion as an Aristocrat -- it makes no differences how high the dividend yield might be.The index is equal-weighted, rebalanced quarterly and reconstituted annually. It is tracked by the $9.6 billion ProShares S&P 500 Dividend Aristocrats Pacer Swan SOS Fund of Funds ETF|ETF $(NOBL)$, which was established in 2013.There are 65 S&P 500 Dividend Aristocrats, with dividend yields ranging from 0.19% to 5.22%, based on closing prices March 15.The idea of the Aristocrats isn't that the stocks will necessarily generate high income for investors. It is that the consistency of dividend increases might signal a commitment by companies' management teams to their shareholders and be an indicator for good performance over the long term. A commitment to continually raising the dividend might also provide comfort that a dividend won't be cut -- an action that is typically brutal for the share price as investors lose confidence.A 15-year chart shows that S&P 500 Dividend Aristocrat have performed well against the full S&P 500:FactSetTo be sure, the Aristocrats haven't outperformed for all periods. They lagged during the long bull market through 2021. Then again, they have fared better during the decline of 2022. Here's a look at this year's performance and average annual returns for various periods (all through March 15), with dividends reinvested:Expanding the pool of Dividend AristocratsS&P Global actually maintains a large number of Dividend Aristocrat indexes and you can see the full list here, and a shorter list of Aristocrat indexes tracked by exchange-traded funds (which are also listed) here.Many of the Aristocrat indexes cover non-U.S. markets. In this article we are focusing on the three broad U.S. Dividend Aristocrat indexes, which have varying criteria and some overlap:The S&P 500 Dividend Aristocrats Index, as described above, is made up of the 65 stocks in the benchmark S&P 500 that have raised regular dividends on common shares for at least 25 straight years. It is tracked by NOBL.The S&P 400 Dividend Aristocrats Index has 48 stocks of companies that have raised dividends for at least 15 consecutive years, drawn from the full S&P Mid Cap 400 Index. It is tracked by the $1.1 billion ProShares S&P MidCap 400 Dividend Aristocrats ETF.The S&P High Yield Dividend Aristocrats Index is made up of the 119 stocks in the S&P Composite 1500 Index that have increased dividends for at least 20 straight years. It is tracked by the $20.1 billion SPDR S&P Dividend ETF. The S&P Composite 1500 itself is made up of the S&P 500, the S&P Mid Cap 400 and the S&P 600 Small Cap Index. So the S&P High Yield Dividend Aristocrats Index includes all the stocks in the S&P  500 Dividend Aristocrats Index. However, it excludes some that are in the S&P 400 Dividend Aristocrats Index. The name of the High Yield Dividend Aristocrats Index is confusing, because the yields, again, aren’t necessarily high — they range from 0.19% to 5.22%.So there are three broad U.S. indexes of Dividend Aristocrats, with varying criteria. Then again, they are all labeled as Aristocrats, so we screened the entire group by listing all the component stocks and removing duplicates, for a pool of 135 companies.Highest-yielding Dividend AristocratsFrom the full list of 135 companies in the three broad U.S. indexes of Dividend Aristocrat stocks, here are the 10 with the highest dividend yields:","news_type":1},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035793195,"gmtCreate":1647669685241,"gmtModify":1676534257672,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035793195","repostId":"2220705153","repostType":4,"repost":{"id":"2220705153","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":1647664648,"share":"https://ttm.financial/m/news/2220705153?lang=&edition=fundamental","pubTime":"2022-03-19 12:37","market":"us","language":"en","title":"Schlumberger Suspends New Investment and Technology Deployment to Russia Operations","url":"https://stock-news.laohu8.com/highlight/detail?id=2220705153","media":"Reuters","summary":"March 19 (Reuters) - Schlumberger NV said late on Friday that it has decided to immediately suspend ","content":"<html><head></head><body><p>March 19 (Reuters) - Schlumberger NV said late on Friday that it has decided to immediately suspend new investment and technology deployment to the company&#39;s Russia operations.</p><p>&#34;We continue to actively monitor this dynamic situation and will fulfil any existing activity in full compliance with applicable international laws and sanctions,&#34; Chief Executive Officer Olivier Le Peuch said in a statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Schlumberger Suspends New Investment and Technology Deployment to Russia Operations</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\">\nSchlumberger Suspends New Investment and Technology Deployment to Russia Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-19 12:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>March 19 (Reuters) - Schlumberger NV said late on Friday that it has decided to immediately suspend new investment and technology deployment to the company&#39;s Russia operations.</p><p>&#34;We continue to actively monitor this dynamic situation and will fulfil any existing activity in full compliance with applicable international laws and sanctions,&#34; Chief Executive Officer Olivier Le Peuch said in a statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SLB":"斯伦贝谢"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2220705153","content_text":"March 19 (Reuters) - Schlumberger NV said late on Friday that it has decided to immediately suspend new investment and technology deployment to the company's Russia operations.\"We continue to actively monitor this dynamic situation and will fulfil any existing activity in full compliance with applicable international laws and sanctions,\" Chief Executive Officer Olivier Le Peuch said in a statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035801070,"gmtCreate":1647560144317,"gmtModify":1676534243424,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035801070","repostId":"1165251799","repostType":4,"repost":{"id":"1165251799","kind":"news","pubTimestamp":1647559053,"share":"https://ttm.financial/m/news/1165251799?lang=&edition=fundamental","pubTime":"2022-03-18 07:17","market":"other","language":"en","title":"Australian Shares Edge up Led by Materials Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1165251799","media":"AFR","summary":"Australian shares edged up 0.2 per cent, or 13.7 points, to 7264.5 in early trade, led by increases ","content":"<html><head></head><body><p>Australian shares edged up 0.2 per cent, or 13.7 points, to 7264.5 in early trade, led by increases in the materials and utilities sectors.</p><p>Higher commodity prices, from oil to iron ore, gas and wheat sent energy and mining stocks higher. Paladin Energy jumped 7 per cent to $0.840.</p><p>Abacus Property Group was the largest laggard, retreating 5 per cent to $3.38 following the completion of a $200 million placement through the issue of approximately 59.2 million new stapled securities at an offer price of $3.38 per share.</p><p>Qube Holdings fell 0.3 per cent to $3.0 after the ACCC said it was concerned about potential impacts on the supply chain for bulk grain export through the Port of Newcastle.</p></body></html>","source":"lsy1647389686240","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>Australian Shares Edge up Led by Materials Stocks</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\">\nAustralian Shares Edge up Led by Materials Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-18 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-headed-for-gains-bank-of-england-lifts-rates-20220317-p5a5m3><strong>AFR</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Australian shares edged up 0.2 per cent, or 13.7 points, to 7264.5 in early trade, led by increases in the materials and utilities sectors.Higher commodity prices, from oil to iron ore, gas and wheat ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-headed-for-gains-bank-of-england-lifts-rates-20220317-p5a5m3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XJO.AU":"标普/澳交所 200指数","XAO.AU":"标普/澳交所 普通股指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-headed-for-gains-bank-of-england-lifts-rates-20220317-p5a5m3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165251799","content_text":"Australian shares edged up 0.2 per cent, or 13.7 points, to 7264.5 in early trade, led by increases in the materials and utilities sectors.Higher commodity prices, from oil to iron ore, gas and wheat sent energy and mining stocks higher. Paladin Energy jumped 7 per cent to $0.840.Abacus Property Group was the largest laggard, retreating 5 per cent to $3.38 following the completion of a $200 million placement through the issue of approximately 59.2 million new stapled securities at an offer price of $3.38 per share.Qube Holdings fell 0.3 per cent to $3.0 after the ACCC said it was concerned about potential impacts on the supply chain for bulk grain export through the Port of Newcastle.","news_type":1},"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035967756,"gmtCreate":1647488422573,"gmtModify":1676534236793,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035967756","repostId":"2219768133","repostType":4,"repost":{"id":"2219768133","kind":"highlight","pubTimestamp":1647481149,"share":"https://ttm.financial/m/news/2219768133?lang=&edition=fundamental","pubTime":"2022-03-17 09:39","market":"us","language":"en","title":"3 Growth Stocks You Won't Regret Buying in This Market Correction","url":"https://stock-news.laohu8.com/highlight/detail?id=2219768133","media":"Motley Fool","summary":"Their share prices are beaten down, but their underlying businesses are strong.","content":"<html><head></head><body><p>No one likes to make a bad decision. Studies have found that the pain of losing is much more intense than the pleasure associated with winning. This aversion to risk could cause you to be afraid of buying any stocks at all during the current market downturn.</p><p>However, history shows that investing in times like these often pay off handsomely over the long run. Here are three growth stocks you won&#39;t regret buying in this market correction.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a6c60ed63ce5f3575aca7b16e0af5abb\" tg-width=\"700\" tg-height=\"403\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>1. Teladoc Health</h2><p><b>Teladoc Health</b> (NYSE:TDOC) began falling a lot sooner than the overall stock market did. The stock is down more than 70% from its high in early 2021. Investors have been worried that growth would slow for the virtual care provider as COVID-19 concerns wane.</p><p>However, I think the view that Teladoc&#39;s fortunes are tied to COVID-19 is one of several major misconceptions about the company. Actually, Teladoc&#39;s revenue and its revenue per member increased last year despite the reopening of the U.S. economy.</p><p>Teladoc estimates that it has a $75 billion opportunity within its existing membership base, largely through promoting the use of multiple products. Its total addressable market including reaching additional customers is much larger -- more than $260 billion in the U.S. alone.</p><p>Virtual care offers cost savings for payers and convenience for patients. Teladoc stands as the leader in the industry with its breadth of services and large customer base. With a market cap of around $8 billion, this stock appears to be dirt cheap in light of its tremendous growth opportunities.</p><h2>2. <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></h2><p><b>MercadoLibre</b> (NASDAQ:MELI) is another one-time high-flying stock that has had its wings clipped. Its shares have fallen more than 50% since September 2021.</p><p>Was MercadoLibre&#39;s steep decline warranted? Not really. The company continues to rack up impressive numbers. It reported a blockbuster fourth quarter with strong growth across the board.</p><p>It&#39;s easy for investors to only view MercadoLibre as a Latin American e-commerce powerhouse. The company certainly qualifies as one. And it has massive growth potential in the region, with an e-commerce penetration rate of only 9% in 2021.</p><p>However, MercadoLibre is also a fintech powerhouse in Latin America. The company&#39;s fintech revenue increased even faster in Q4 than its e-commerce revenue. Don&#39;t be surprised if MercadoLibre actually makes more money from fintech than it does from e-commerce within the next few years.</p><p>Like Teladoc, MercadoLibre&#39;s valuation looks attractive based on its growth prospects. The company&#39;s market cap is under $45 billion. I think it could easily be worth several times more by the end of the decade.</p><h2>3. <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</h2><p><b>PayPal Holdings</b> (NASDAQ:PYPL) ranks as one of the biggest fintech stocks around. However, it&#39;s a lot smaller now than it was a few months ago. PayPal&#39;s shares have plunged nearly 70% since mid-2021.</p><p>The primary concern about PayPal is that its user growth is slowing. PayPal even retracted its goal of reaching 750 million accounts. But don&#39;t think for a second that the company is a lost cause. Instead, PayPal looks like a great stock to buy right now.</p><p>Importantly, PayPal hasn&#39;t changed its overall revenue, earnings, and free cash flow growth targets. The company is simply changing its focus to increasing revenue per user rather than adding a greater number of customers who aren&#39;t as profitable.</p><p>Also, the long-term tailwinds for PayPal aren&#39;t subsiding at all. The shift from cash to digital payments for both online and in-store purchases continues full steam ahead. PayPal remains the most widely accepted digital wallet in the world by far. When the stock market rebounds -- and it will (sooner or later) -- PayPal&#39;s shares should return to their winning ways.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Growth Stocks You Won't Regret Buying in This Market Correction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Growth Stocks You Won't Regret Buying in This Market Correction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-17 09:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/16/3-growth-stocks-you-wont-regret-buying-in-this-mar/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one likes to make a bad decision. Studies have found that the pain of losing is much more intense than the pleasure associated with winning. This aversion to risk could cause you to be afraid of ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/16/3-growth-stocks-you-wont-regret-buying-in-this-mar/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","BK4551":"寇图资本持仓","BK4106":"数据处理与外包服务","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","TDOC":"Teladoc Health Inc.","BK4524":"宅经济概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4167":"医疗保健技术","BK4535":"淡马锡持仓","BK4567":"ESG概念","PYPL":"PayPal","BK4554":"元宇宙及AR概念","BK4122":"互联网与直销零售","BK4548":"巴美列捷福持仓","MELI":"MercadoLibre","QNETCN":"纳斯达克中美互联网老虎指数","BK4504":"桥水持仓"},"source_url":"https://www.fool.com/investing/2022/03/16/3-growth-stocks-you-wont-regret-buying-in-this-mar/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2219768133","content_text":"No one likes to make a bad decision. Studies have found that the pain of losing is much more intense than the pleasure associated with winning. This aversion to risk could cause you to be afraid of buying any stocks at all during the current market downturn.However, history shows that investing in times like these often pay off handsomely over the long run. Here are three growth stocks you won't regret buying in this market correction.Image source: Getty Images.1. Teladoc HealthTeladoc Health (NYSE:TDOC) began falling a lot sooner than the overall stock market did. The stock is down more than 70% from its high in early 2021. Investors have been worried that growth would slow for the virtual care provider as COVID-19 concerns wane.However, I think the view that Teladoc's fortunes are tied to COVID-19 is one of several major misconceptions about the company. Actually, Teladoc's revenue and its revenue per member increased last year despite the reopening of the U.S. economy.Teladoc estimates that it has a $75 billion opportunity within its existing membership base, largely through promoting the use of multiple products. Its total addressable market including reaching additional customers is much larger -- more than $260 billion in the U.S. alone.Virtual care offers cost savings for payers and convenience for patients. Teladoc stands as the leader in the industry with its breadth of services and large customer base. With a market cap of around $8 billion, this stock appears to be dirt cheap in light of its tremendous growth opportunities.2. MercadoLibreMercadoLibre (NASDAQ:MELI) is another one-time high-flying stock that has had its wings clipped. Its shares have fallen more than 50% since September 2021.Was MercadoLibre's steep decline warranted? Not really. The company continues to rack up impressive numbers. It reported a blockbuster fourth quarter with strong growth across the board.It's easy for investors to only view MercadoLibre as a Latin American e-commerce powerhouse. The company certainly qualifies as one. And it has massive growth potential in the region, with an e-commerce penetration rate of only 9% in 2021.However, MercadoLibre is also a fintech powerhouse in Latin America. The company's fintech revenue increased even faster in Q4 than its e-commerce revenue. Don't be surprised if MercadoLibre actually makes more money from fintech than it does from e-commerce within the next few years.Like Teladoc, MercadoLibre's valuation looks attractive based on its growth prospects. The company's market cap is under $45 billion. I think it could easily be worth several times more by the end of the decade.3. PayPal HoldingsPayPal Holdings (NASDAQ:PYPL) ranks as one of the biggest fintech stocks around. However, it's a lot smaller now than it was a few months ago. PayPal's shares have plunged nearly 70% since mid-2021.The primary concern about PayPal is that its user growth is slowing. PayPal even retracted its goal of reaching 750 million accounts. But don't think for a second that the company is a lost cause. Instead, PayPal looks like a great stock to buy right now.Importantly, PayPal hasn't changed its overall revenue, earnings, and free cash flow growth targets. The company is simply changing its focus to increasing revenue per user rather than adding a greater number of customers who aren't as profitable.Also, the long-term tailwinds for PayPal aren't subsiding at all. The shift from cash to digital payments for both online and in-store purchases continues full steam ahead. PayPal remains the most widely accepted digital wallet in the world by far. When the stock market rebounds -- and it will (sooner or later) -- PayPal's shares should return to their winning ways.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032414374,"gmtCreate":1647422262823,"gmtModify":1676534227908,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032414374","repostId":"1193706088","repostType":4,"repost":{"id":"1193706088","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":1647420012,"share":"https://ttm.financial/m/news/1193706088?lang=&edition=fundamental","pubTime":"2022-03-16 16:40","market":"us","language":"en","title":"Sea Shares Rose Nearly 9% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1193706088","media":"Tiger Newspress","summary":"Sea shares rose nearly 9% in premarket trading.Sea Limited is making some early-stage gaming fund-ra","content":"<html><head></head><body><p>Sea shares rose nearly 9% in premarket trading.<img src=\"https://static.tigerbbs.com/d96443e97205e911146f1c3b01941c47\" tg-width=\"590\" tg-height=\"542\" referrerpolicy=\"no-referrer\"/>Sea Limited is making some early-stage gaming fund-raising news today, as its Garena unit is leading a $4.5 million seed round for Revel Games, a recently founded Turkish start-up focused on puzzles.</p><p>Along with Garena, Sandbox Agency co-founders Sebastien Borget and Arthur Madrid are invested in the round, Bloomberg reports.</p><p>Revel Games was founded in October.</p><p>Elsewhere, Bloomberg notes billionaire Sea CEO Forrest Li has written to employees to address the dizzying drop in the company&#39;s stock -down 59.5%so far in 2022, and down nearly 73%over the past six months. (See a chart of SE performance vs. broader communications and videogame trackers here.)</p><p>“This drop is painful, and you might be feeling frustrated, disheartened, or worried about Sea’s future,” he says in the mail seen by Bloomberg. “Do not fear: we are in a strong position internally, and we are clear on our next steps. This is short-term pain that we have to endure to truly maximize our long-term potential.”</p><p>That marks some unusual new openness from the company that wasn&#39;t really demanded as it rallied 2,300% from 2017 to 2021, Bloomberg notes; now investors and employees are seeking more information.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Shares Rose Nearly 9% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Shares Rose Nearly 9% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-16 16:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea shares rose nearly 9% in premarket trading.<img src=\"https://static.tigerbbs.com/d96443e97205e911146f1c3b01941c47\" tg-width=\"590\" tg-height=\"542\" referrerpolicy=\"no-referrer\"/>Sea Limited is making some early-stage gaming fund-raising news today, as its Garena unit is leading a $4.5 million seed round for Revel Games, a recently founded Turkish start-up focused on puzzles.</p><p>Along with Garena, Sandbox Agency co-founders Sebastien Borget and Arthur Madrid are invested in the round, Bloomberg reports.</p><p>Revel Games was founded in October.</p><p>Elsewhere, Bloomberg notes billionaire Sea CEO Forrest Li has written to employees to address the dizzying drop in the company&#39;s stock -down 59.5%so far in 2022, and down nearly 73%over the past six months. (See a chart of SE performance vs. broader communications and videogame trackers here.)</p><p>“This drop is painful, and you might be feeling frustrated, disheartened, or worried about Sea’s future,” he says in the mail seen by Bloomberg. “Do not fear: we are in a strong position internally, and we are clear on our next steps. This is short-term pain that we have to endure to truly maximize our long-term potential.”</p><p>That marks some unusual new openness from the company that wasn&#39;t really demanded as it rallied 2,300% from 2017 to 2021, Bloomberg notes; now investors and employees are seeking more information.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193706088","content_text":"Sea shares rose nearly 9% in premarket trading.Sea Limited is making some early-stage gaming fund-raising news today, as its Garena unit is leading a $4.5 million seed round for Revel Games, a recently founded Turkish start-up focused on puzzles.Along with Garena, Sandbox Agency co-founders Sebastien Borget and Arthur Madrid are invested in the round, Bloomberg reports.Revel Games was founded in October.Elsewhere, Bloomberg notes billionaire Sea CEO Forrest Li has written to employees to address the dizzying drop in the company's stock -down 59.5%so far in 2022, and down nearly 73%over the past six months. (See a chart of SE performance vs. broader communications and videogame trackers here.)“This drop is painful, and you might be feeling frustrated, disheartened, or worried about Sea’s future,” he says in the mail seen by Bloomberg. “Do not fear: we are in a strong position internally, and we are clear on our next steps. This is short-term pain that we have to endure to truly maximize our long-term potential.”That marks some unusual new openness from the company that wasn't really demanded as it rallied 2,300% from 2017 to 2021, Bloomberg notes; now investors and employees are seeking more information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":813630206,"gmtCreate":1630195956105,"gmtModify":1676530239780,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/813630206","repostId":"1184130616","repostType":4,"repost":{"id":"1184130616","kind":"news","pubTimestamp":1630111537,"share":"https://ttm.financial/m/news/1184130616?lang=&edition=fundamental","pubTime":"2021-08-28 08:45","market":"us","language":"en","title":"Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers","url":"https://stock-news.laohu8.com/highlight/detail?id=1184130616","media":"Benzinga","summary":"Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the head","content":"<p><i>Does crime pay?</i></p>\n<p>Among the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,<b>Bernard Ebbers</b>physically stood out from his peers — the 6-foot-4 head of WorldCom was dubbed the “telecom cowboy” thanks to his sartorial preference for jeans, cowboy boots and a 10-gallon hat.</p>\n<p>Ebbers also stood out from his peers for tightly holding on to Luddite practices as the digital age dawned. He famously refused to communicate with his workforce via email. Even worse, he stood out thanks to a prickly personality that quickly seethed when confronted with unpleasant news. A 2002 profile in The Economist defined him as “parochial, stubborn, preoccupied with penny-pinching … a difficult man to work for.”</p>\n<p><b>But ultimately, Ebbers stood out for being at the center of what was (at the time) the largest accounting fraud in U.S. history, which was followed by the harshest prison sentence ever imposed on a corporate executive for financial crimes.</b></p>\n<p><b>A Man In Search Of Himself:</b>&nbsp;Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, the second of five children. His father John was a traveling salesman and his peripatetic profession brought the family down from Canada into California, where he jettisoned his sales work and became an auto mechanic. The family later relocated to Gallup, New Mexico, where Ebbers’ parents became teachers on the Navajo Nation Indian reservation.</p>\n<p>The Ebbers clan was back in Canada when Ebbers was a teenager and Bernie (as he was commonly known) came into adulthood unable to determine a course for his life. He&nbsp;attended Canada’s University of Alberta and Michigan’s Calvin College before accepting a basketball scholarship to Mississippi College. But he was the victim of a robbery prior to his senior year that left him seriously injured and switched his attention from playing to coaching the junior varsity team.</p>\n<p>Ebbers graduated in 1967 majoring in physical education and minoring in secondary education. He supported himself during his college years by taking on a variety of odd jobs including a bouncer and milk delivery driver. He married his college sweetheart,<b>Linda Pigott,</b>after graduating and landed work teaching science to middle-school students while coaching high school basketball.</p>\n<p>But Ebbers didn’t stay very long in the school system. When his wife received a job offer as a teacher in another Mississippi town, the couple relocated and he found work managing a garment factory warehouse. By 1974, he tired of working for others and responded to a newspaper advertisement seeking a buyer for a motel in Columbia, Mississippi.</p>\n<p>Ebbers’ approach to running a hospitality establishment sometimes bordered on the eccentric.&nbsp;He would distribute bathroom towels at the front desk and require guests to return them to avoid being charged for taking them. Nonetheless, he found a niche in hospitality management and by the early 1980s he owned and operated eight motels within Mississippi and Texas; he also picked up a car dealership that also proved profitable.</p>\n<p><b>Calling Out Around The World:</b>Ebbers might have remained in the Mississippi hospitality industry had it not been for the 1982 breakup of<b>AT&amp;T Inc.'s</b>&nbsp;T 0.41%monopoly on the U.S. telephone system. This created a seismic shift in the telecommunications world by enabling other companies to begin reselling long-distance telephone services.</p>\n<p>In 1983, Ebbers and three friends met at a diner in Hattiesburg, Mississippi, to consider the feasibility of pursuing this newly opened opportunity. Ebbers theorized that having control of his long-distance calling services could benefit his motel business. In the days before mobile phones, guests in lodging establishments in need of long-distance calling would either have to feed handfuls of quarters into payphones or make calls from their rooms, which usually came with extra fees.</p>\n<p>Ebbers and his pals decided to get into the telecommunications business with&nbsp;<b>Long Distance Discount Services,</b>&nbsp;which they established in 1985 with headquarters in Jackson, Mississippi, with Ebbers as CEO.</p>\n<p><b>Carl J. Aycock,</b>a Mississippi financial advisor who was among the early investors in LDDS, would later laugh at the unlikelihood of Ebbers running a telecom company.</p>\n<p>“The only experience Bernie had before operating a long-distance company was he used the phone,” Aycock quipped in a 1997 interview.</p>\n<p>Maybe Ebbers did not possess an encyclopedic knowledge of telecommunications technology, but the good fortune he enjoyed in the motel business transitioned to this unlikely setting. Within four years of its launch, LDDS was being publicly traded.</p>\n<p>Within 10 years of its opening, LDDS took on an almost Pac Man-style persona of gobbling up telecom firms in&nbsp;sight of the company, acquiring more than 60 different telecommunications company. By 1995, the company renamed itself LDDS WorldCom.</p>\n<p>Many of the company’s acquisitions were on the small side, and the company was never considered a major player in the telecom industry until its $720 million acquisition of&nbsp;<b>Advanced Telecommunications Corporation</b>&nbsp;in 1992.</p>\n<p>The unlikely acquisition came with Ebbers’ ability to outbid industry titans AT&amp;T and&nbsp;<b>Sprint Corporation,</b>both considerably larger players in this field.</p>\n<p>The one unfortunate development during this time was the end of Ebbers’ marriage in 1997. He remarried in 1999 to&nbsp;<b>Kristie Webb.</b></p>\n<p>In February 1998, Ebbers’ company launched its acquisition plans for&nbsp;<b>CompuServe</b>&nbsp;from&nbsp;<b>H&amp;R Block Inc</b>.</p>\n<p>This transaction was followed by an astonishing spin of assets: LDDS sold the CompuServe Information Service portion of its acquisition to<b>America Online,</b>while retaining the CompuServe Network Services portion of the business. AOL simultaneously sold LDDS WorldCom its networking division, Advanced Network Services.</p>\n<p>In September 1998, LDDS WorldCom sealed a $37 billion union with&nbsp;<b>MCI Communications,</b>which created the largest corporate merger in U.S. history. The combined entity became MCI WorldCom, and for Ebbers it seemed that the sky was the limit —&nbsp;except that Ebbers’ ability to soar in the corporate skies resulted in an Icarus-worthy predicament.</p>\n<p><b>A Little Out Of Touch:</b>One year after the CompuServe and MCI deals, Ebbers’ company boasted an 80,000-person workforce, a market capitalization of roughly $185 billion and its shares were trading at a peak of nearly $62.</p>\n<p>At the peak of the company’s success, Ebbers granted an interview to The New York Times aboard his 130-yacht, which he berthed in the resort town of Hilton Head, South Carolina. He claimed that the secret of his success was “not as complicated as people make it out to be,” adding that he surrounded himself with experts who advised him on which moves to make.</p>\n<p>“I’m not an engineer by training,” he said. “I’m not an accountant by training. I’m the coach. I’m not the point guard who shoots the ball.”</p>\n<p>But as the company grew larger, Ebbers penny-pinching behavior during his early motel management days became more extreme. WorldCom executives would later complain that Ebbers stopped providing free coffee within their offices and directed security guards fill the water coolers with tap water.</p>\n<p>And for the head of a telecommunications company, Ebbers was curiously distrustful of cutting-edge tech developments. He refused to communicate via email and would not carry a pager or a cell phone. He would explain his actions internally by repeating “That’s the way we did it at LDDS,” and in a 1997 Business Week interview about this behavior he claimed that “when you come to the table with a (physical education) degree like I do, you don't know a lot about the technical stuff.”</p>\n<p>While Ebbers’ arms-length distance from personal technology could have been attributed to a zany quirk, there was another problem that couldn’t be happily shrugged away. As the company expanded, operational problems began to permeate the multiple divisions. Ebbers would become impatient or worse when confronted with problems, to the point that he would angrily demand that he only wanted to be addressed with good news.</p>\n<p><b>In retrospect, Ebbers’ refusal to acknowledge that his company was growing too fast and too large proved to be a fatal flaw</b>, especially when the corporate culture began to manufacture good news in lieu of reporting problems. As a result, Ebbers’ XL-sized business empire was sustained by taking on massive amounts of debt and highly improper accounting.</p>\n<p><b>Detour Off The Cliff:</b>The first cracks in this corporate story began in October 1999 when MCI WorldCom —&nbsp;which had become the second-largest long-distance telephone company in the country —&nbsp;announced a $129 billion merger with Sprint, the third-largest telecom carrier. Within nine months of this announcement, the merger was canceled in the face of pressure from U.S. and European regulators who feared a telecom monopoly would be born from this union. MCI WorldCom walked away from the failure by renaming itself as WorldCom.</p>\n<p>With the rise of the new millennium came the fall of the dot-com industry, and almost any company that had a tech-related aspect found itself taking a financial tumble. When Ebbers’ company tried to cut corners and save money, it turned into an act of self-immolation.</p>\n<p>Worldcom’s network systems engineering division exhausted its annual capital expenditures budget by November 2000, with a&nbsp;senior manager ordering&nbsp;a halt to processing payments for network systems vendors and suppliers until the beginning of 2001.</p>\n<p>The company’s chief technical officer,<b>Fred Briggs,</b>then ordered all of the labor associated with the capital projects in the network systems division to be booked as an expense rather than a capital project —&nbsp;and his directive was shared with other divisions in the company.</p>\n<p>A WorldCom budget analyst named&nbsp;<b>Kim Amigh</b>in the company’s Richardson, Texas, office recognized the legal ramifications of intentionally mischaracterizing capital expenses and lodged a protest against the order. The directive was canceled and so was Amigh —&nbsp;three months after his action, Amigh was abruptly laid off from the company.</p>\n<p>But Vice President of Internal Audit&nbsp;<b>Cynthia Cooper</b>&nbsp;learned of Amigh’s findings and picked up his trail. Her department began combing through WorldCom’s accounts and found $2 billion that the company claimed in its public filings was spent on capital expenditures during the first three quarters of 2001 —&nbsp;except that the funds were never authorized for that purpose and were clearly operating costs moved into the capital expenditure accounting as a way to make WorldCom look more profitable.</p>\n<p>Cooper could not find anyone in the WorldCom leadership ranks to explain the $2 billion discrepancy. Most executives said it was a “prepaid capacity,” a meaningless term which they couldn’t define when pressed by Cooper.</p>\n<p>And Cooper was not alone in her suspicions. The U.S. Securities and Exchange Commission could not fathom how WorldCom continued to claim robust profits during the dot-com period while its competitors were operating at a loss, and it sent forth a “Request for Information” to learn the secret of its success.</p>\n<p>Adding to this chaos were Ebbers’ personal financial woes, which became exacerbated during to dot-com crisis by margin calls on his WorldCom shares, which were tanking as the economy plummeted into a recession.</p>\n<p>To alleviate his monetary pain, Ebbers borrowed $50 million from WorldCom in September 2000&nbsp;— and then borrowed again&nbsp;and again. By April 2002, Ebbers was $400 million in debt to WorldCom and the board of directors demanded his resignation, which he provided.</p>\n<p>In June 2002, WorldCom acknowledged its earnings reports contained $3.9 billion in accounting misstatements, with the figure&nbsp;later adjusted to $11 billion. In July 2002, the company declared bankruptcy and was delisted from public trading. Also during that month, Ebbers was called before the U.S. House of Representatives Committee on Financial Services to explain what happened. He pleaded the Fifth Amendment.</p>\n<p><b>Road’s End:</b>The efforts to bring Ebbers to trial got off to a weird start when the State of Oklahoma jumped the gun with a 15-count indictment, only to drop its charges in favor of federal prosecution.</p>\n<p>Ebbers was indicted in May 2004 on seven counts of filing false statements with securities regulators plus one count each of conspiracy and securities fraud. Ebbers agreed to testify on his behalf, which many observers later considered to be a major mistake because he came across as evasive and unconvincing when insisting WorldCom’s downfall was solely the fault of his subordinates and that he was ignorant about how his company worked.</p>\n<p>“I know what I don’t know,” Ebbers said during his trial. “To this day, I don’t know technology, and I don’t know finance or accounting.”</p>\n<p>Ebbers was found guilty on all counts and was sentenced to 25 years in prison, the longest sentence ever handed down in U.S. history for a financial fraud case against a corporate executive.</p>\n<p>He remained free on bail while fighting to overturn the verdict, but the conviction was upheld in the U.S. Court of Appeals for the Second Circuit in July 2006. Two months later, he drove himself in his luxury Mercedes-Benz to a low-security Louisiana prison to begin his sentence. Two years later, his wife Kristie successfully filed for divorce.</p>\n<p>After 13 years behind bars, Ebbers was granted a compassionate release on Dec. 21, 2019, due to a deteriorating state of health that included macular degeneration that left him legally blind, anemia, a weakened heart condition and the beginnings of dementia. He returned to his home in Brookhaven, Mississippi, and passed away on Feb. 2, 2020.</p>\n<p>In defining his rise to the top, Ebbers harkened back to his basketball days by insisting, “The coach's job is to get the best players and get them to play together.” But in explaining his fall from grace, Ebbers forgot that the core of coaching is accepting responsibility for the team’s performance and he blamed his “best players” for not being able to “play together” while absolving himself from their errors.</p>\n<p>Said Ebbers when confronted with his ultimate failure as the corporate equivalent of a coach: “I didn't have anything to apologize for.”</p>\n<p></p>","source":"lsy1606299360108","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>Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HRB":"H&R布洛克税务"},"source_url":"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184130616","content_text":"Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 head of WorldCom was dubbed the “telecom cowboy” thanks to his sartorial preference for jeans, cowboy boots and a 10-gallon hat.\nEbbers also stood out from his peers for tightly holding on to Luddite practices as the digital age dawned. He famously refused to communicate with his workforce via email. Even worse, he stood out thanks to a prickly personality that quickly seethed when confronted with unpleasant news. A 2002 profile in The Economist defined him as “parochial, stubborn, preoccupied with penny-pinching … a difficult man to work for.”\nBut ultimately, Ebbers stood out for being at the center of what was (at the time) the largest accounting fraud in U.S. history, which was followed by the harshest prison sentence ever imposed on a corporate executive for financial crimes.\nA Man In Search Of Himself: Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, the second of five children. His father John was a traveling salesman and his peripatetic profession brought the family down from Canada into California, where he jettisoned his sales work and became an auto mechanic. The family later relocated to Gallup, New Mexico, where Ebbers’ parents became teachers on the Navajo Nation Indian reservation.\nThe Ebbers clan was back in Canada when Ebbers was a teenager and Bernie (as he was commonly known) came into adulthood unable to determine a course for his life. He attended Canada’s University of Alberta and Michigan’s Calvin College before accepting a basketball scholarship to Mississippi College. But he was the victim of a robbery prior to his senior year that left him seriously injured and switched his attention from playing to coaching the junior varsity team.\nEbbers graduated in 1967 majoring in physical education and minoring in secondary education. He supported himself during his college years by taking on a variety of odd jobs including a bouncer and milk delivery driver. He married his college sweetheart,Linda Pigott,after graduating and landed work teaching science to middle-school students while coaching high school basketball.\nBut Ebbers didn’t stay very long in the school system. When his wife received a job offer as a teacher in another Mississippi town, the couple relocated and he found work managing a garment factory warehouse. By 1974, he tired of working for others and responded to a newspaper advertisement seeking a buyer for a motel in Columbia, Mississippi.\nEbbers’ approach to running a hospitality establishment sometimes bordered on the eccentric. He would distribute bathroom towels at the front desk and require guests to return them to avoid being charged for taking them. Nonetheless, he found a niche in hospitality management and by the early 1980s he owned and operated eight motels within Mississippi and Texas; he also picked up a car dealership that also proved profitable.\nCalling Out Around The World:Ebbers might have remained in the Mississippi hospitality industry had it not been for the 1982 breakup ofAT&T Inc.'s T 0.41%monopoly on the U.S. telephone system. This created a seismic shift in the telecommunications world by enabling other companies to begin reselling long-distance telephone services.\nIn 1983, Ebbers and three friends met at a diner in Hattiesburg, Mississippi, to consider the feasibility of pursuing this newly opened opportunity. Ebbers theorized that having control of his long-distance calling services could benefit his motel business. In the days before mobile phones, guests in lodging establishments in need of long-distance calling would either have to feed handfuls of quarters into payphones or make calls from their rooms, which usually came with extra fees.\nEbbers and his pals decided to get into the telecommunications business with Long Distance Discount Services, which they established in 1985 with headquarters in Jackson, Mississippi, with Ebbers as CEO.\nCarl J. Aycock,a Mississippi financial advisor who was among the early investors in LDDS, would later laugh at the unlikelihood of Ebbers running a telecom company.\n“The only experience Bernie had before operating a long-distance company was he used the phone,” Aycock quipped in a 1997 interview.\nMaybe Ebbers did not possess an encyclopedic knowledge of telecommunications technology, but the good fortune he enjoyed in the motel business transitioned to this unlikely setting. Within four years of its launch, LDDS was being publicly traded.\nWithin 10 years of its opening, LDDS took on an almost Pac Man-style persona of gobbling up telecom firms in sight of the company, acquiring more than 60 different telecommunications company. By 1995, the company renamed itself LDDS WorldCom.\nMany of the company’s acquisitions were on the small side, and the company was never considered a major player in the telecom industry until its $720 million acquisition of Advanced Telecommunications Corporation in 1992.\nThe unlikely acquisition came with Ebbers’ ability to outbid industry titans AT&T and Sprint Corporation,both considerably larger players in this field.\nThe one unfortunate development during this time was the end of Ebbers’ marriage in 1997. He remarried in 1999 to Kristie Webb.\nIn February 1998, Ebbers’ company launched its acquisition plans for CompuServe from H&R Block Inc.\nThis transaction was followed by an astonishing spin of assets: LDDS sold the CompuServe Information Service portion of its acquisition toAmerica Online,while retaining the CompuServe Network Services portion of the business. AOL simultaneously sold LDDS WorldCom its networking division, Advanced Network Services.\nIn September 1998, LDDS WorldCom sealed a $37 billion union with MCI Communications,which created the largest corporate merger in U.S. history. The combined entity became MCI WorldCom, and for Ebbers it seemed that the sky was the limit — except that Ebbers’ ability to soar in the corporate skies resulted in an Icarus-worthy predicament.\nA Little Out Of Touch:One year after the CompuServe and MCI deals, Ebbers’ company boasted an 80,000-person workforce, a market capitalization of roughly $185 billion and its shares were trading at a peak of nearly $62.\nAt the peak of the company’s success, Ebbers granted an interview to The New York Times aboard his 130-yacht, which he berthed in the resort town of Hilton Head, South Carolina. He claimed that the secret of his success was “not as complicated as people make it out to be,” adding that he surrounded himself with experts who advised him on which moves to make.\n“I’m not an engineer by training,” he said. “I’m not an accountant by training. I’m the coach. I’m not the point guard who shoots the ball.”\nBut as the company grew larger, Ebbers penny-pinching behavior during his early motel management days became more extreme. WorldCom executives would later complain that Ebbers stopped providing free coffee within their offices and directed security guards fill the water coolers with tap water.\nAnd for the head of a telecommunications company, Ebbers was curiously distrustful of cutting-edge tech developments. He refused to communicate via email and would not carry a pager or a cell phone. He would explain his actions internally by repeating “That’s the way we did it at LDDS,” and in a 1997 Business Week interview about this behavior he claimed that “when you come to the table with a (physical education) degree like I do, you don't know a lot about the technical stuff.”\nWhile Ebbers’ arms-length distance from personal technology could have been attributed to a zany quirk, there was another problem that couldn’t be happily shrugged away. As the company expanded, operational problems began to permeate the multiple divisions. Ebbers would become impatient or worse when confronted with problems, to the point that he would angrily demand that he only wanted to be addressed with good news.\nIn retrospect, Ebbers’ refusal to acknowledge that his company was growing too fast and too large proved to be a fatal flaw, especially when the corporate culture began to manufacture good news in lieu of reporting problems. As a result, Ebbers’ XL-sized business empire was sustained by taking on massive amounts of debt and highly improper accounting.\nDetour Off The Cliff:The first cracks in this corporate story began in October 1999 when MCI WorldCom — which had become the second-largest long-distance telephone company in the country — announced a $129 billion merger with Sprint, the third-largest telecom carrier. Within nine months of this announcement, the merger was canceled in the face of pressure from U.S. and European regulators who feared a telecom monopoly would be born from this union. MCI WorldCom walked away from the failure by renaming itself as WorldCom.\nWith the rise of the new millennium came the fall of the dot-com industry, and almost any company that had a tech-related aspect found itself taking a financial tumble. When Ebbers’ company tried to cut corners and save money, it turned into an act of self-immolation.\nWorldcom’s network systems engineering division exhausted its annual capital expenditures budget by November 2000, with a senior manager ordering a halt to processing payments for network systems vendors and suppliers until the beginning of 2001.\nThe company’s chief technical officer,Fred Briggs,then ordered all of the labor associated with the capital projects in the network systems division to be booked as an expense rather than a capital project — and his directive was shared with other divisions in the company.\nA WorldCom budget analyst named Kim Amighin the company’s Richardson, Texas, office recognized the legal ramifications of intentionally mischaracterizing capital expenses and lodged a protest against the order. The directive was canceled and so was Amigh — three months after his action, Amigh was abruptly laid off from the company.\nBut Vice President of Internal Audit Cynthia Cooper learned of Amigh’s findings and picked up his trail. Her department began combing through WorldCom’s accounts and found $2 billion that the company claimed in its public filings was spent on capital expenditures during the first three quarters of 2001 — except that the funds were never authorized for that purpose and were clearly operating costs moved into the capital expenditure accounting as a way to make WorldCom look more profitable.\nCooper could not find anyone in the WorldCom leadership ranks to explain the $2 billion discrepancy. Most executives said it was a “prepaid capacity,” a meaningless term which they couldn’t define when pressed by Cooper.\nAnd Cooper was not alone in her suspicions. The U.S. Securities and Exchange Commission could not fathom how WorldCom continued to claim robust profits during the dot-com period while its competitors were operating at a loss, and it sent forth a “Request for Information” to learn the secret of its success.\nAdding to this chaos were Ebbers’ personal financial woes, which became exacerbated during to dot-com crisis by margin calls on his WorldCom shares, which were tanking as the economy plummeted into a recession.\nTo alleviate his monetary pain, Ebbers borrowed $50 million from WorldCom in September 2000 — and then borrowed again and again. By April 2002, Ebbers was $400 million in debt to WorldCom and the board of directors demanded his resignation, which he provided.\nIn June 2002, WorldCom acknowledged its earnings reports contained $3.9 billion in accounting misstatements, with the figure later adjusted to $11 billion. In July 2002, the company declared bankruptcy and was delisted from public trading. Also during that month, Ebbers was called before the U.S. House of Representatives Committee on Financial Services to explain what happened. He pleaded the Fifth Amendment.\nRoad’s End:The efforts to bring Ebbers to trial got off to a weird start when the State of Oklahoma jumped the gun with a 15-count indictment, only to drop its charges in favor of federal prosecution.\nEbbers was indicted in May 2004 on seven counts of filing false statements with securities regulators plus one count each of conspiracy and securities fraud. Ebbers agreed to testify on his behalf, which many observers later considered to be a major mistake because he came across as evasive and unconvincing when insisting WorldCom’s downfall was solely the fault of his subordinates and that he was ignorant about how his company worked.\n“I know what I don’t know,” Ebbers said during his trial. “To this day, I don’t know technology, and I don’t know finance or accounting.”\nEbbers was found guilty on all counts and was sentenced to 25 years in prison, the longest sentence ever handed down in U.S. history for a financial fraud case against a corporate executive.\nHe remained free on bail while fighting to overturn the verdict, but the conviction was upheld in the U.S. Court of Appeals for the Second Circuit in July 2006. Two months later, he drove himself in his luxury Mercedes-Benz to a low-security Louisiana prison to begin his sentence. Two years later, his wife Kristie successfully filed for divorce.\nAfter 13 years behind bars, Ebbers was granted a compassionate release on Dec. 21, 2019, due to a deteriorating state of health that included macular degeneration that left him legally blind, anemia, a weakened heart condition and the beginnings of dementia. He returned to his home in Brookhaven, Mississippi, and passed away on Feb. 2, 2020.\nIn defining his rise to the top, Ebbers harkened back to his basketball days by insisting, “The coach's job is to get the best players and get them to play together.” But in explaining his fall from grace, Ebbers forgot that the core of coaching is accepting responsibility for the team’s performance and he blamed his “best players” for not being able to “play together” while absolving himself from their errors.\nSaid Ebbers when confronted with his ultimate failure as the corporate equivalent of a coach: “I didn't have anything to apologize for.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811076998,"gmtCreate":1630281213814,"gmtModify":1676530254451,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":21,"repostSize":0,"link":"https://ttm.financial/post/811076998","repostId":"1113860468","repostType":4,"repost":{"id":"1113860468","kind":"news","pubTimestamp":1630280706,"share":"https://ttm.financial/m/news/1113860468?lang=&edition=fundamental","pubTime":"2021-08-30 07:45","market":"us","language":"en","title":"The Coming Inflation Shock","url":"https://stock-news.laohu8.com/highlight/detail?id=1113860468","media":"zerohedge","summary":"The Coming Inflation Shock\nRents (surge) are about to impact PCE and CPI. A surge in PPI is flowing ","content":"<p><b>The Coming Inflation Shock</b></p>\n<p><i><b>Rents (surge) are about to impact PCE and CPI. A surge in PPI is flowing into CPI.</b></i></p>\n<p>History will record that during the present time the most used word was \"inflation\" and the second most used word was \"temporary.\"</p>\n<p>What isn't in this life transitory? But if inflation lasts three years because of a demand shift caused by a zero-carbon emissions goal consensus, then call it what you will, we at The Bear Traps will allocate capital accordingly. It reminds us of Marty Zweig not caring if the down stock market was a correction or a bear market. Either way, he didn't want to be long stocks. We don't really care if inflation ends a year or three from now. We want to be long energy and metals.</p>\n<p>By insisting on the word \"transitory\" all the Fed is signaling is that it is ignoring and will continue to ignore prices of goods and services. It's brilliant in its own way because if six months from now prices are still going up, the Fed will merely say that, aha, now, surely, inflation is transitory. And it will play that game every six months for years if it can. It will only change its tune when things get so bad it has to change. As we have pointed out several times in the past, even Volcker didn't fight inflation until he saw directly that inflation was increasing unemployment.</p>\n<p><img src=\"https://static.tigerbbs.com/c269ea9398ed80b4d4712245b3082085\" tg-width=\"820\" tg-height=\"478\" width=\"100%\" height=\"auto\"></p>\n<p>Some things are different now, of course than in Volcker's day, the primary one being the Fed owns such a large portion of the treasury float that the treasury market has lost most, not all, of its signal value. This type of thing is not without precedent, by the way. The early 1930s devaluation of the dollar caused gold to go from just above $20 to $35, where it remained fixed into Nixon's administration. That was a long time.</p>\n<p>What is clear is that US bond yields have a negative real return. If you own treasuries, you are pretty much guaranteed to lose money in real terms.&nbsp;This should cause borrowing to increase, which in fact has happened. Mortgage debt is above $10 trillion, surpassing the pre-Lehman crash peak.&nbsp;An expansionary monetary and fiscal policy assumes that by extending credit, people will still by everything at increasingly higher prices no matter what. The reality is somewhat different. At first it goes along that way, true enough, but then comes a sticker shock pause, followed by a hoarding panic buying spree.</p>\n<p>Normally this last phase causes a run on the currency which is akin to throwing nitroglycerin into a raging fire. At this point, central banks cave, raise rates, and accept the stock market selloff and economic recession. Unless, of course, yours is a reserve currency. That can, but doesn't have to, change the game theory. Bottom line: Fed and Treasury probably figure they can get away with whatever they want to do. Of course, if they are wrong, it's an unmitigated disaster. And yet, of course, something like a 9% weaker greenback would probably be welcomed by Fed and Treasury.</p>\n<p>A further nuance is the fact that the Central Banks coordinate monetary policy. This is of necessity. When foreign banking systems are in trouble, it is the Fed that extends emergency swap lines to provide eurodollar liquidity to other Central Banks. Under such a circumstance, it would be unthinkable for monetary policy not to be coordinated on a global scale.&nbsp;So monetary policy is loose on a global scale, such that trillions of debt trade at negative nominal yields. Inflation just adds insult to that injury.&nbsp;But adding to inflation is supply constraint, not short term supply disruption, but long term supply absence altogether. There has been little mining activity to find new sources of metals for over a decade. As build local becomes the imperative, we note that not only has our industrial base not grown, it has shrunk, and in dramatic fashion. If any infrastructure bill passes, the drama will only become that much more accute. A negative supply shift away from China paired with a positive demand shift in infrastructure is the very stuff inflationary nightmares are made of.</p>\n<p>Additionally, we have stressed the dawn of the age of the power of labor. Labor is harder to find and more expensive. And after decades of getting shafted, it is only fair the pendulum is finally swinging the other way. But labor inflation is difficult to cure for the simple reason that a majority of the voting population doesn't see getting paid more money as a problem.</p>\n<p>And finally, we have the problem of more money supply. At this point, money creation is no longer the immediate risk. No. The immediate risk is an increase in the velocity of the money that has already been created. Velocity has collapsed to such an extent that simply to mean revert to its downward regression line of old would be massively inflationary. But of course the velocity of money will increase as transactions increase in a global synchronized post Covid scenario. And finally, once the global economy kicks into high gear for several quarters, then, and only then, will banks start to aggressively lend thereby increasing the money supply magnificently.</p>\n<p>So sustainable inflation seems fairly inevitable at this point even if years from now it proves \"transitory.\"</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>The Coming Inflation Shock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Coming Inflation Shock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/coming-inflation-shock><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Coming Inflation Shock\nRents (surge) are about to impact PCE and CPI. A surge in PPI is flowing into CPI.\nHistory will record that during the present time the most used word was \"inflation\" and ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/coming-inflation-shock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/coming-inflation-shock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113860468","content_text":"The Coming Inflation Shock\nRents (surge) are about to impact PCE and CPI. A surge in PPI is flowing into CPI.\nHistory will record that during the present time the most used word was \"inflation\" and the second most used word was \"temporary.\"\nWhat isn't in this life transitory? But if inflation lasts three years because of a demand shift caused by a zero-carbon emissions goal consensus, then call it what you will, we at The Bear Traps will allocate capital accordingly. It reminds us of Marty Zweig not caring if the down stock market was a correction or a bear market. Either way, he didn't want to be long stocks. We don't really care if inflation ends a year or three from now. We want to be long energy and metals.\nBy insisting on the word \"transitory\" all the Fed is signaling is that it is ignoring and will continue to ignore prices of goods and services. It's brilliant in its own way because if six months from now prices are still going up, the Fed will merely say that, aha, now, surely, inflation is transitory. And it will play that game every six months for years if it can. It will only change its tune when things get so bad it has to change. As we have pointed out several times in the past, even Volcker didn't fight inflation until he saw directly that inflation was increasing unemployment.\n\nSome things are different now, of course than in Volcker's day, the primary one being the Fed owns such a large portion of the treasury float that the treasury market has lost most, not all, of its signal value. This type of thing is not without precedent, by the way. The early 1930s devaluation of the dollar caused gold to go from just above $20 to $35, where it remained fixed into Nixon's administration. That was a long time.\nWhat is clear is that US bond yields have a negative real return. If you own treasuries, you are pretty much guaranteed to lose money in real terms. This should cause borrowing to increase, which in fact has happened. Mortgage debt is above $10 trillion, surpassing the pre-Lehman crash peak. An expansionary monetary and fiscal policy assumes that by extending credit, people will still by everything at increasingly higher prices no matter what. The reality is somewhat different. At first it goes along that way, true enough, but then comes a sticker shock pause, followed by a hoarding panic buying spree.\nNormally this last phase causes a run on the currency which is akin to throwing nitroglycerin into a raging fire. At this point, central banks cave, raise rates, and accept the stock market selloff and economic recession. Unless, of course, yours is a reserve currency. That can, but doesn't have to, change the game theory. Bottom line: Fed and Treasury probably figure they can get away with whatever they want to do. Of course, if they are wrong, it's an unmitigated disaster. And yet, of course, something like a 9% weaker greenback would probably be welcomed by Fed and Treasury.\nA further nuance is the fact that the Central Banks coordinate monetary policy. This is of necessity. When foreign banking systems are in trouble, it is the Fed that extends emergency swap lines to provide eurodollar liquidity to other Central Banks. Under such a circumstance, it would be unthinkable for monetary policy not to be coordinated on a global scale. So monetary policy is loose on a global scale, such that trillions of debt trade at negative nominal yields. Inflation just adds insult to that injury. But adding to inflation is supply constraint, not short term supply disruption, but long term supply absence altogether. There has been little mining activity to find new sources of metals for over a decade. As build local becomes the imperative, we note that not only has our industrial base not grown, it has shrunk, and in dramatic fashion. If any infrastructure bill passes, the drama will only become that much more accute. A negative supply shift away from China paired with a positive demand shift in infrastructure is the very stuff inflationary nightmares are made of.\nAdditionally, we have stressed the dawn of the age of the power of labor. Labor is harder to find and more expensive. And after decades of getting shafted, it is only fair the pendulum is finally swinging the other way. But labor inflation is difficult to cure for the simple reason that a majority of the voting population doesn't see getting paid more money as a problem.\nAnd finally, we have the problem of more money supply. At this point, money creation is no longer the immediate risk. No. The immediate risk is an increase in the velocity of the money that has already been created. Velocity has collapsed to such an extent that simply to mean revert to its downward regression line of old would be massively inflationary. But of course the velocity of money will increase as transactions increase in a global synchronized post Covid scenario. And finally, once the global economy kicks into high gear for several quarters, then, and only then, will banks start to aggressively lend thereby increasing the money supply magnificently.\nSo sustainable inflation seems fairly inevitable at this point even if years from now it proves \"transitory.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812580832,"gmtCreate":1630594343926,"gmtModify":1676530352142,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":20,"repostSize":0,"link":"https://ttm.financial/post/812580832","repostId":"1181381939","repostType":4,"repost":{"id":"1181381939","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":1630593846,"share":"https://ttm.financial/m/news/1181381939?lang=&edition=fundamental","pubTime":"2021-09-02 22:44","market":"us","language":"en","title":"Virgin Galactic shares rose more than 4% in early trading as launching its first commercial research mission","url":"https://stock-news.laohu8.com/highlight/detail?id=1181381939","media":"Tiger Newspress","summary":"Virgin Galactic shares rose more than 4% in early trading as launching its first commercial research","content":"<p>Virgin&nbsp;Galactic&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading&nbsp;as&nbsp;launching its first commercial research mission.</p>\n<p><img src=\"https://static.tigerbbs.com/a6d64190bbae434b9d30637c02711102\" tg-width=\"894\" tg-height=\"592\" referrerpolicy=\"no-referrer\">Virgin Galactic Holdings Inc is launching its first commercial research mission named “Unity 23” along with the Italian Air Force to the edge of space, it said on Thursday.</p>\n<p>The space travel company has set late September or early October as the time for the mission that will carry three paying crew members from the Air Force and the Rome-based government agency National Research Council.</p>\n<p>The crew will study the effect on the human body as they move from gravity to a low-gravity atmosphere and provide insights for future spaceflight systems and technologies.</p>\n<p>The mission follows a successful first crewed test flight to space by Virgin Galactic’s passenger rocket in July.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Virgin Galactic shares rose more than 4% in early trading as launching its first commercial research mission</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVirgin Galactic shares rose more than 4% in early trading as launching its first commercial research mission\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\">2021-09-02 22:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Virgin&nbsp;Galactic&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading&nbsp;as&nbsp;launching its first commercial research mission.</p>\n<p><img src=\"https://static.tigerbbs.com/a6d64190bbae434b9d30637c02711102\" tg-width=\"894\" tg-height=\"592\" referrerpolicy=\"no-referrer\">Virgin Galactic Holdings Inc is launching its first commercial research mission named “Unity 23” along with the Italian Air Force to the edge of space, it said on Thursday.</p>\n<p>The space travel company has set late September or early October as the time for the mission that will carry three paying crew members from the Air Force and the Rome-based government agency National Research Council.</p>\n<p>The crew will study the effect on the human body as they move from gravity to a low-gravity atmosphere and provide insights for future spaceflight systems and technologies.</p>\n<p>The mission follows a successful first crewed test flight to space by Virgin Galactic’s passenger rocket in July.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181381939","content_text":"Virgin Galactic shares rose more than 4% in early trading as launching its first commercial research mission.\nVirgin Galactic Holdings Inc is launching its first commercial research mission named “Unity 23” along with the Italian Air Force to the edge of space, it said on Thursday.\nThe space travel company has set late September or early October as the time for the mission that will carry three paying crew members from the Air Force and the Rome-based government agency National Research Council.\nThe crew will study the effect on the human body as they move from gravity to a low-gravity atmosphere and provide insights for future spaceflight systems and technologies.\nThe mission follows a successful first crewed test flight to space by Virgin Galactic’s passenger rocket in July.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887603512,"gmtCreate":1632022748736,"gmtModify":1676530688312,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/887603512","repostId":"885869190","repostType":1,"repost":{"id":885869190,"gmtCreate":1631776984206,"gmtModify":1676530747946,"author":{"id":"9000000000000149","authorId":"9000000000000149","name":"TigerStars","avatar":"https://static.tigerbbs.com/e0b93d50cf0df54ce7b1b746f78db36c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000149","idStr":"9000000000000149"},"themes":[],"title":"? Tigers of the Week (Sept 9 - Sept 16)","htmlText":"Roarrr!!! Dear&nbsp;Tigers,&nbsp;? Welcome to our column:&nbsp;Tigers of the Week!&nbsp;???????? This column is designed to stimulate more tigers to actively participate in our discussion, improve together, and be rich rich, to eventually create a harmonious community! We have noticed that many tigers are very proactive in sharing knowledge, opinions,&nbsp;and trading insights with others. Therefore, in this column, we will select? the most active and popular users every week&nbsp;? and&nbsp;give them rewards to show our appreciation! About the Rewards: Tigers who are the most active in posting, commenting, and liking&nbsp;will be given 1,000 Tiger coins ????respectively! Tigers who receive the most comments plus likes will be given 1,000(top3) to&nbsp;500(top4-10)&nbsp;Tiger coins ????eac","listText":"Roarrr!!! Dear&nbsp;Tigers,&nbsp;? Welcome to our column:&nbsp;Tigers of the Week!&nbsp;???????? This column is designed to stimulate more tigers to actively participate in our discussion, improve together, and be rich rich, to eventually create a harmonious community! We have noticed that many tigers are very proactive in sharing knowledge, opinions,&nbsp;and trading insights with others. Therefore, in this column, we will select? the most active and popular users every week&nbsp;? and&nbsp;give them rewards to show our appreciation! About the Rewards: Tigers who are the most active in posting, commenting, and liking&nbsp;will be given 1,000 Tiger coins ????respectively! Tigers who receive the most comments plus likes will be given 1,000(top3) to&nbsp;500(top4-10)&nbsp;Tiger coins ????eac","text":"Roarrr!!! Dear Tigers, ? Welcome to our column: Tigers of the Week! ???????? This column is designed to stimulate more tigers to actively participate in our discussion, improve together, and be rich rich, to eventually create a harmonious community! We have noticed that many tigers are very proactive in sharing knowledge, opinions, and trading insights with others. Therefore, in this column, we will select? the most active and popular users every week ? and give them rewards to show our appreciation! About the Rewards: Tigers who are the most active in posting, commenting, and liking will be given 1,000 Tiger coins ????respectively! Tigers who receive the most comments plus likes will be given 1,000(top3) to 500(top4-10) Tiger coins ????eac","images":[{"img":"https://static.tigerbbs.com/6bb8dc9ea97f670552be4d03eaadae5f","width":"1125","height":"2648"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885869190","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164566605,"gmtCreate":1624230376907,"gmtModify":1703830822363,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/164566605","repostId":"1103331073","repostType":4,"repost":{"id":"1103331073","kind":"news","pubTimestamp":1624029560,"share":"https://ttm.financial/m/news/1103331073?lang=&edition=fundamental","pubTime":"2021-06-18 23:19","market":"fut","language":"en","title":"Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=1103331073","media":"bloomberg","summary":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on ","content":"<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.</p>\n<p>Vast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.</p>\n<p>While that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.</p>\n<p>Either way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.</p>\n<p><img src=\"https://static.tigerbbs.com/98efbaaf8487a164efed6c727959a5c7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”</p>\n<p>Copper</p>\n<p>Theyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.</p>\n<p>Bulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.</p>\n<p><img src=\"https://static.tigerbbs.com/745940226f45fbf407b0a9ea989a0be7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Iron Ore</p>\n<p>It might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.</p>\n<p>Both bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.</p>\n<p><img src=\"https://static.tigerbbs.com/a6d580e34388bde0a0fb1107839fb589\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Agriculture</p>\n<p>Showers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e23a5f18610ffc4fb2d6982a70a67f4\" tg-width=\"1000\" tg-height=\"692\" referrerpolicy=\"no-referrer\"><span>Showers are set to span the U.S. Corn Belt on Saturday</span></p>\n<p>It’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.</p>\n<p>Oil</p>\n<p>Focus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.</p>\n<p>For now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.</p>\n<p>Gold</p>\n<p>Bullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.</p>\n<p><img src=\"https://static.tigerbbs.com/06544f6db5b2c483c4ee6c03141f9d21\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Although the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCommodities Bulls Nurse Their Wounds But Fight’s Not Over Yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103331073","content_text":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.\nWhile that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.\nEither way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.\n\n“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”\nCopper\nTheyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.\nBulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.\nIron Ore\nIt might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.\nBoth bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.\nAgriculture\nShowers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.\nShowers are set to span the U.S. Corn Belt on Saturday\nIt’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.\nOil\nFocus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.\nFor now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.\nGold\nBullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.\n\nAlthough the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164957011,"gmtCreate":1624168002133,"gmtModify":1703830038329,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":18,"repostSize":0,"link":"https://ttm.financial/post/164957011","repostId":"1199331995","repostType":4,"repost":{"id":"1199331995","kind":"news","pubTimestamp":1624065374,"share":"https://ttm.financial/m/news/1199331995?lang=&edition=fundamental","pubTime":"2021-06-19 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1199331995","media":"Renaissance","summary":"12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio","content":"<p>12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.</p>\n<p>Chinese freight platform&nbsp;<b>Full Truck Alliance</b>(YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value (GTV), facilitating 22+ million fulfilled orders with GTV of nearly $8 billion in the 1Q21.</p>\n<p>Healthcare manager&nbsp;<b>Bright Health Group</b>(BHG) plans to raise $1.3 billion at a $15.4 billion market cap. Bright Health seeks to employ a more consumer-centric approach to healthcare to improve consumer experiences. Through a multi-pronged organic and inorganic growth strategy, the company’s core business has grown to serve roughly 623,000 patients in 14 states since its founding.</p>\n<p>Data infrastructure provider&nbsp;<b>Confluent</b>(CFLT) plans to raise $713 million at a $10.0 billion market cap. Confluent data infrastructure offering is designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company had more than 2,500 customers as of March 2021, with a dollar-based net retention rate of 117%.</p>\n<p>Car wash brand&nbsp;<b>Mister Car Wash</b>(MCW) plans to raise $600 million at a $5.3 billion market cap. Profitable with solid cash flow, Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21 states. The company offers a monthly subscription program called Unlimited Wash Club which had 1.4 million members as of 3/31/21, representing nearly two-thirds of total wash sales.</p>\n<p>Digital physicians network&nbsp;<b>Doximity</b>(DOCS) plans to raise $501 million at a $4.5 billion market cap. Doximity claims that it is the leading digital platform for US medical professionals, allowing collaboration with colleagues and secure coordination of patient care, among other features. Fast growing and profitable, the company had over 1.8 million members as of 3/31/21, representing more than 80% of physicians across the country.</p>\n<p>Customer experience software provider&nbsp;<b>Sprinklr</b>(CXM) plans to raise $361 million at a $5.5 billion market cap. Sprinklr provides a software platform that helps enterprises create a persistent, unified view of each customer at scale. The company has attracted more than 1,000 customers, including over 50% of the Fortune 100. Sprinklr has improved its gross margins, though cash flow swung negative in 1Q FY22.</p>\n<p>HR platform provider&nbsp;<b>First Advantage</b>(FA) plans to raise $298 million at a $2.1 billion market cap. First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Profitable with positive cash flow, the company derives most of its revenues from pre-onboarding screening, performing over 75 million screens on behalf of more than 30,000 customers in 2020.</p>\n<p>Chinese social networking platform&nbsp;<b>Soulgate</b>(SSR) plans to raise $185 million at a $1.8 billion market cap. The company’s app Soul is a virtual social network created to address the drawbacks of current social media platforms. In March 2021, the company averaged 9.1 million DAUs, a 94% increase over the prior year period.</p>\n<p>Digital financial services provider&nbsp;<b>AMTD Digital</b>(HKD) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.</p>\n<p>Organ bioengineering company&nbsp;<b>Miromatrix Medical</b>(MIRO) plans to raise $32 million at a $162 million market cap. Miromatrix is developing a novel technology for bioengineering fully transplantable human organs, initially focused on livers and kidneys. The company has demonstrated functional vasculature and important organ function in preclinical studies, and hopes to initiate a Phase 1 trial in late 2022 with its External Liver Assist Product.</p>\n<p>Kidney disease biotech&nbsp;<b>Unicycive Therapeutics</b>(UNCY) plans to raise $25 million at a $116 million market cap. The company’s candidates include Renazorb, which was in-licensed from Spectrum Pharmaceuticals, and UNI 494, which was in-licensed from Sphaera Pharmaceuticals. Unicycive began conducting preclinical trials on UNI 494 in 2020.</p>\n<p>Antibiotic biotech&nbsp;<b>Acurx Pharmaceuticals</b>(ACXP) plans to raise $15 million at a $62 million market cap. The company is developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the WHO, CDC, and USDA. Its lead candidate recently completed a Phase 2a trial in patients with C. difficile infections, and is expected to begin a Phase 2b trial this year.</p>\n<table>\n <tbody>\n  <tr>\n   <th>U.S. IPO Calendar</th>\n  </tr>\n  <tr>\n   <th>Issuer Business</th>\n   <th>Deal Size Market Cap</th>\n   <th>Price Range Shares Filed</th>\n   <th>Top Bookrunners</th>\n  </tr>\n  <tr>\n   <td><p>Full Truck Alliance (YMM)</p><p>Guiyang, China</p></td>\n   <td>$1,485M$19,723M</td>\n   <td>$17 - $1982,500,000</td>\n   <td>Morgan StanleyCICC</td>\n  </tr>\n  <tr>\n   <td>Digital freight platform that connects shippers and truckers in China.</td>\n  </tr>\n  <tr>\n   <td><p>First Advantage (FA)</p><p>Atlanta, GA</p></td>\n   <td>$298M$2,097M</td>\n   <td>$13 - $1521,250,000</td>\n   <td>BarclaysBofA</td>\n  </tr>\n  <tr>\n   <td>Provides background checks and other services to corporate customers.</td>\n  </tr>\n  <tr>\n   <td><p>Sprinklr (CXM)</p><p>New York, NY</p></td>\n   <td>$361M$5,541M</td>\n   <td>$18 - $2019,000,000</td>\n   <td>Morgan StanleyJP Morgan</td>\n  </tr>\n  <tr>\n   <td>Provides customer experience management software for enterprises.</td>\n  </tr>\n  <tr>\n   <td><p>Bright Health Group (BHG)</p><p>Minneapolis, MN</p></td>\n   <td>$1,290M$15,385M</td>\n   <td>$20 - $2360,000,000</td>\n   <td>JP MorganGoldman</td>\n  </tr>\n  <tr>\n   <td>Provides health insurance and other healthcare services.</td>\n  </tr>\n  <tr>\n   <td><p>Confluent (CFLT)</p><p>Mountain View, CA</p></td>\n   <td>$713M$10,033M</td>\n   <td>$29 - $3323,000,000</td>\n   <td>Morgan StanleyJP Morgan</td>\n  </tr>\n  <tr>\n   <td>Provides an enterprise platform that collects and processes real-time data streams.</td>\n  </tr>\n  <tr>\n   <td><p>Doximity (DOCS)</p><p>San Francisco, CA</p></td>\n   <td>$501M$4,549M</td>\n   <td>$20 - $2323,300,000</td>\n   <td>Morgan StanleyGoldman</td>\n  </tr>\n  <tr>\n   <td>Professional network for physicians with telehealth and scheduling tools.</td>\n  </tr>\n  <tr>\n   <td><p>Soulgate (SSR)</p><p>Shanghai, China</p></td>\n   <td>$185M$1,824M</td>\n   <td>$13 - $1513,200,000</td>\n   <td>Morgan StanleyJefferies</td>\n  </tr>\n  <tr>\n   <td>Provides the gamified social networking app Soul in China.</td>\n  </tr>\n  <tr>\n   <td><p>Acurx Pharmaceuticals (ACXP)</p><p>Staten Island, NY</p></td>\n   <td>$15M$62M</td>\n   <td>$5 - $72,500,000</td>\n   <td>Alexander CapitalNetwork 1</td>\n  </tr>\n  <tr>\n   <td>Phase 2 biotech developing antibiotics for antibiotic-resistant pathogens.</td>\n  </tr>\n  <tr>\n   <td><p>Mister Car Wash (MCW)</p><p>Tucson, AZ</p></td>\n   <td>$600M$5,256M</td>\n   <td>$15 - $1737,500,000</td>\n   <td>BofAMorgan Stanley</td>\n  </tr>\n  <tr>\n   <td>Leading national car wash brand with 344 locations across the US.</td>\n  </tr>\n  <tr>\n   <td><p>AMTD Digital (HKD)</p><p>Hong Kong, China</p></td>\n   <td>$120M$1,388M</td>\n   <td>$6.80 - $8.2016,000,000</td>\n   <td>AMTD GlobalLoop Capital</td>\n  </tr>\n  <tr>\n   <td>Digital financial services provider being spun out of AMTD.</td>\n  </tr>\n  <tr>\n   <td><p>Miromatrix Medical (MIRO)</p><p>Eden Prairie, MN</p></td>\n   <td>$32M$162M</td>\n   <td>$7 - $94,000,000</td>\n   <td>Craig-Hallum</td>\n  </tr>\n  <tr>\n   <td>Developing novel bioengineering technology for organ transplants.</td>\n  </tr>\n  <tr>\n   <td><p>Unicycive Therapeutics (UNCY)</p><p>Los Altos, CA</p></td>\n   <td>$25M$116M</td>\n   <td>$8.50 - $10.502,635,000</td>\n   <td>Roth Cap.</td>\n  </tr>\n  <tr>\n   <td>Early-stage biotech developing in-licensed therapies for kidney disease.</td>\n  </tr>\n </tbody>\n</table>\n<p>Street research is expected for seven companies, and lock-up periods will be expiring for up to two companies.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week><strong>Renaissance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.\nChinese freight platform Full Truck Alliance(YMM) plans to raise $1.5 billion at a $19.7 billion market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YMM":"满帮","MCW":"Mister Car Wash, Inc.","DOCS":"Doximity, Inc.","CFLT":"Confluent, Inc.","FA":"First Advantage Corp.","CXM":"Sprinklr, Inc."},"source_url":"https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1199331995","content_text":"12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.\nChinese freight platform Full Truck Alliance(YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value (GTV), facilitating 22+ million fulfilled orders with GTV of nearly $8 billion in the 1Q21.\nHealthcare manager Bright Health Group(BHG) plans to raise $1.3 billion at a $15.4 billion market cap. Bright Health seeks to employ a more consumer-centric approach to healthcare to improve consumer experiences. Through a multi-pronged organic and inorganic growth strategy, the company’s core business has grown to serve roughly 623,000 patients in 14 states since its founding.\nData infrastructure provider Confluent(CFLT) plans to raise $713 million at a $10.0 billion market cap. Confluent data infrastructure offering is designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company had more than 2,500 customers as of March 2021, with a dollar-based net retention rate of 117%.\nCar wash brand Mister Car Wash(MCW) plans to raise $600 million at a $5.3 billion market cap. Profitable with solid cash flow, Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21 states. The company offers a monthly subscription program called Unlimited Wash Club which had 1.4 million members as of 3/31/21, representing nearly two-thirds of total wash sales.\nDigital physicians network Doximity(DOCS) plans to raise $501 million at a $4.5 billion market cap. Doximity claims that it is the leading digital platform for US medical professionals, allowing collaboration with colleagues and secure coordination of patient care, among other features. Fast growing and profitable, the company had over 1.8 million members as of 3/31/21, representing more than 80% of physicians across the country.\nCustomer experience software provider Sprinklr(CXM) plans to raise $361 million at a $5.5 billion market cap. Sprinklr provides a software platform that helps enterprises create a persistent, unified view of each customer at scale. The company has attracted more than 1,000 customers, including over 50% of the Fortune 100. Sprinklr has improved its gross margins, though cash flow swung negative in 1Q FY22.\nHR platform provider First Advantage(FA) plans to raise $298 million at a $2.1 billion market cap. First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Profitable with positive cash flow, the company derives most of its revenues from pre-onboarding screening, performing over 75 million screens on behalf of more than 30,000 customers in 2020.\nChinese social networking platform Soulgate(SSR) plans to raise $185 million at a $1.8 billion market cap. The company’s app Soul is a virtual social network created to address the drawbacks of current social media platforms. In March 2021, the company averaged 9.1 million DAUs, a 94% increase over the prior year period.\nDigital financial services provider AMTD Digital(HKD) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.\nOrgan bioengineering company Miromatrix Medical(MIRO) plans to raise $32 million at a $162 million market cap. Miromatrix is developing a novel technology for bioengineering fully transplantable human organs, initially focused on livers and kidneys. The company has demonstrated functional vasculature and important organ function in preclinical studies, and hopes to initiate a Phase 1 trial in late 2022 with its External Liver Assist Product.\nKidney disease biotech Unicycive Therapeutics(UNCY) plans to raise $25 million at a $116 million market cap. The company’s candidates include Renazorb, which was in-licensed from Spectrum Pharmaceuticals, and UNI 494, which was in-licensed from Sphaera Pharmaceuticals. Unicycive began conducting preclinical trials on UNI 494 in 2020.\nAntibiotic biotech Acurx Pharmaceuticals(ACXP) plans to raise $15 million at a $62 million market cap. The company is developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the WHO, CDC, and USDA. Its lead candidate recently completed a Phase 2a trial in patients with C. difficile infections, and is expected to begin a Phase 2b trial this year.\n\n\n\nU.S. IPO Calendar\n\n\nIssuer Business\nDeal Size Market Cap\nPrice Range Shares Filed\nTop Bookrunners\n\n\nFull Truck Alliance (YMM)Guiyang, China\n$1,485M$19,723M\n$17 - $1982,500,000\nMorgan StanleyCICC\n\n\nDigital freight platform that connects shippers and truckers in China.\n\n\nFirst Advantage (FA)Atlanta, GA\n$298M$2,097M\n$13 - $1521,250,000\nBarclaysBofA\n\n\nProvides background checks and other services to corporate customers.\n\n\nSprinklr (CXM)New York, NY\n$361M$5,541M\n$18 - $2019,000,000\nMorgan StanleyJP Morgan\n\n\nProvides customer experience management software for enterprises.\n\n\nBright Health Group (BHG)Minneapolis, MN\n$1,290M$15,385M\n$20 - $2360,000,000\nJP MorganGoldman\n\n\nProvides health insurance and other healthcare services.\n\n\nConfluent (CFLT)Mountain View, CA\n$713M$10,033M\n$29 - $3323,000,000\nMorgan StanleyJP Morgan\n\n\nProvides an enterprise platform that collects and processes real-time data streams.\n\n\nDoximity (DOCS)San Francisco, CA\n$501M$4,549M\n$20 - $2323,300,000\nMorgan StanleyGoldman\n\n\nProfessional network for physicians with telehealth and scheduling tools.\n\n\nSoulgate (SSR)Shanghai, China\n$185M$1,824M\n$13 - $1513,200,000\nMorgan StanleyJefferies\n\n\nProvides the gamified social networking app Soul in China.\n\n\nAcurx Pharmaceuticals (ACXP)Staten Island, NY\n$15M$62M\n$5 - $72,500,000\nAlexander CapitalNetwork 1\n\n\nPhase 2 biotech developing antibiotics for antibiotic-resistant pathogens.\n\n\nMister Car Wash (MCW)Tucson, AZ\n$600M$5,256M\n$15 - $1737,500,000\nBofAMorgan Stanley\n\n\nLeading national car wash brand with 344 locations across the US.\n\n\nAMTD Digital (HKD)Hong Kong, China\n$120M$1,388M\n$6.80 - $8.2016,000,000\nAMTD GlobalLoop Capital\n\n\nDigital financial services provider being spun out of AMTD.\n\n\nMiromatrix Medical (MIRO)Eden Prairie, MN\n$32M$162M\n$7 - $94,000,000\nCraig-Hallum\n\n\nDeveloping novel bioengineering technology for organ transplants.\n\n\nUnicycive Therapeutics (UNCY)Los Altos, CA\n$25M$116M\n$8.50 - $10.502,635,000\nRoth Cap.\n\n\nEarly-stage biotech developing in-licensed therapies for kidney disease.\n\n\n\nStreet research is expected for seven companies, and lock-up periods will be expiring for up to two companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"content":"Dgvv hhcci huff hiihc hgc hhgc hhg hh o gfc hhd gghb hhh huc hhgb hhhgfi hhcc hhf uh Hhvbj hh Kifs werc opjb hhbkogv Jhfftv bffryjbvv uugvmm hhonbvx bki nki bcc Hhif jkfc kjvcx Uhbbin huh Huh","text":"Dgvv hhcci huff hiihc hgc hhgc hhg hh o gfc hhd gghb hhh huc hhgb hhhgfi hhcc hhf uh Hhvbj hh Kifs werc opjb hhbkogv Jhfftv bffryjbvv uugvmm hhonbvx bki nki bcc Hhif jkfc kjvcx Uhbbin huh Huh","html":"Dgvv hhcci huff hiihc hgc hhgc hhg hh o gfc hhd gghb hhh huc hhgb hhhgfi hhcc hhf uh Hhvbj hh Kifs werc opjb hhbkogv Jhfftv bffryjbvv uugvmm hhonbvx bki nki bcc Hhif jkfc kjvcx Uhbbin huh Huh"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863046253,"gmtCreate":1632349208672,"gmtModify":1676530756763,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/863046253","repostId":"1154932699","repostType":4,"repost":{"id":"1154932699","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":1632321484,"share":"https://ttm.financial/m/news/1154932699?lang=&edition=fundamental","pubTime":"2021-09-22 22:38","market":"us","language":"en","title":"a.k.a. Brands opens for trading at $9.5, down 13.64% from IPO price","url":"https://stock-news.laohu8.com/highlight/detail?id=1154932699","media":"Tiger Newspress","summary":"(Sept 22) a.k.a. Brands Holding Corp. opens for trading at $9.5, down 13.64% from IPO price.\n\nCompan","content":"<p>(Sept 22)&nbsp;<b><a href=\"https://laohu8.com/S/AKA\">a.k.a. Brands Holding Corp.</a> </b>opens for trading at $9.5, down 13.64% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/2655ceafc9d04ddedb23eed6e4de700b\" tg-width=\"968\" tg-height=\"556\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company &amp; Technology</b></p>\n<p>San Francisco, California-based a.k.a. Brands was founded to develop a portfolio of digitally-focused, DTC consumer apparel and fashion brands with a global reach.</p>\n<p>Management is headed by Chief Executive Officer Jill Ramsey, who has been with the firm since May 2020 and was previously Chief Product and Digital Revenue Officer at Macy's.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>Princess Polly</li>\n <li>Culture Kings</li>\n <li>Petal &amp; Pup</li>\n <li>Rebdolls</li>\n</ul>\n<p>Below is the a.k.a. platform as it currently stands:</p>\n<p><img src=\"https://static.tigerbbs.com/f7ce425ad6f03482b7316d1970a64a8e\" tg-width=\"1280\" tg-height=\"1058\" referrerpolicy=\"no-referrer\">a.k.a. Brands has received at least $330 million in equity investment from investors including New Excelerate, Beard Entities and Bryett Enterprises Trust.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The company focuses its marketing efforts on Millennials and Gen Z consumers who 'seek fashion inspiration on social media and primarily shop online and via mobile devices.'</p>\n<p>So, a.k.a. leverages its data to provide relevant social content and make other digital marketing strategy efforts to reach consumers directly online.</p>\n<p>Selling expenses as a percentage of total revenue have risen as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/09de0dff45009ec1618d62f05ee32627\" tg-width=\"614\" tg-height=\"307\" referrerpolicy=\"no-referrer\">The Selling efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling spend, was stable in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/3ce88e3f54fea202f724c03c0a3157be\" tg-width=\"610\" tg-height=\"242\" referrerpolicy=\"no-referrer\">For a.k.a.’s largest property, Princess Polly, user engagement measured by average number of pages per visit on that website has remained relatively flat over the last two years, with a recent slight increase to a current blended average desktop/mobile of 7.28 pages per visit, as the chart shows below:</p>\n<p><img src=\"https://static.tigerbbs.com/8faa1fea511d6ca9aedc0d4323baa69b\" tg-width=\"1010\" tg-height=\"497\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source:Similarweb)</p>\n<p>According to a marketresearch reportby BlueCart, the global market for DTC (direct-to-consumer) sales is expected to reach $20 billion globally in 2021.</p>\n<p>This represents a forecast potential increase of 15% over results in 2020.</p>\n<p>The main drivers for this expected growth are an increase in consumer openness to hearing directly from manufacturers via online channels.</p>\n<p>Also, there is a growing desire by businesses to gain an edge through greater data-driven insights stemming from direct relationships with their customers rather than working through 3rd party distributors and retail outlets.</p>\n<p>Major competitive or other industry participants by type include:</p>\n<ul>\n <li>Ecommerce companies</li>\n <li>In-person stores</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>a.k.a. Brands’ recent financial results can be summarized as follows (includes 55% stake in Culture Kings Group):</p>\n<ul>\n <li>Sharply growing topline revenue</li>\n <li>Growing gross profit</li>\n <li>Increasing gross margin</li>\n <li>Uneven operating profit and margin</li>\n <li>Variable cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/3a4b8f665d53cacb759e02e61c0e0fac\" tg-width=\"610\" tg-height=\"616\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/7f24f3b6311e665efae356978c984a91\" tg-width=\"611\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/eeba7aa58d9c2188ca35f7d3ddbfd57a\" tg-width=\"610\" tg-height=\"620\" referrerpolicy=\"no-referrer\">As of June 30, 2021, a.k.a. Brands had $34.3 million in cash and $277.8 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was $28.7 million.</p>\n<p><b>IPO Details</b></p>\n<p>AKA intends to sell 13.9 million shares of common stock at a proposed midpoint price of $18.00 per share for gross proceeds of approximately $250 million, not including the sale of customary underwriter options.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.3 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 10.72%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows (in conjunction with a planned new senior secured credit facility):</p>\n<p><img src=\"https://static.tigerbbs.com/0b37cb842c1d92125dec5e45108e3378\" tg-width=\"1280\" tg-height=\"289\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management believes that any legal claims against it would not be material to its operations or financial condition.</p>\n<p>Listed bookrunners of the IPO are BofA Securities, Credit Suisse, Jefferies and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<p><img src=\"https://static.tigerbbs.com/83589d7d85d1719f3237ee2bc10b5d23\" tg-width=\"612\" tg-height=\"708\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Commentary</b></p>\n<p>AKA is going public to pay down debt and for its future expansion plans.</p>\n<p>AKS’ financials show sharply growing topline revenue and gross profit, increasing gross margin but uneven operating profit and margin and variable cash flow from operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was $28.7 million.</p>\n<p>Selling expenses as a percentage of total revenue have risen as revenue has increased and its Selling efficiency rate was stable at an impressive 2.3x.</p>\n<p>The market opportunity for selling fashionable clothing direct to consumer [DTC] aimed at younger demographics is large and expected to grow substantially in the years ahead.</p>\n<p>Being a mobile-first DTC firm, AKA is well-positioned to adjust to a market that is focused on using online, mobile-phone app purchase modalities.</p>\n<p>BofA Securities is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 11.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the high rate of change in consumer tastes and preferences, which can make it challenging and costly to react to changes in a compressed time period.</p>\n<p>As for valuation, compared toa basketof publicly held Apparel companies complied by noted valuation expert Dr. Aswath Damodaran which as of January 2021 had an average EV/Sales multiple of 2.03x, AKA is seeking an EV/Revenue multiple of 5.03x.</p>\n<p>AKA is growing topline revenue sharply, in part due to its acquisition activities but its operating margin was 4.6% in the most recent six-month period versus the public basket of an average of 5.93%.</p>\n<p>So AKA is growing quickly through acquisition but has a lower operating margin than its public peers.</p>\n<p>However, I favor DTC companies for things like apparel, as the firm can adjust its offering much faster and more accurately as a result of its direct relationship with customers.</p>\n<p>Also, AKA’s mobile-first approach combined with DTC business model also positions the firm well for its target demographic of younger consumers.</p>\n<p>Although the IPO isn’t cheap, I believe AKA has significant room to grow and continue executing its business model approach, so the IPO is worth consideration.</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>a.k.a. Brands opens for trading at $9.5, down 13.64% from IPO price</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\">\na.k.a. Brands opens for trading at $9.5, down 13.64% from IPO price\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\">2021-09-22 22:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 22)&nbsp;<b><a href=\"https://laohu8.com/S/AKA\">a.k.a. Brands Holding Corp.</a> </b>opens for trading at $9.5, down 13.64% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/2655ceafc9d04ddedb23eed6e4de700b\" tg-width=\"968\" tg-height=\"556\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company &amp; Technology</b></p>\n<p>San Francisco, California-based a.k.a. Brands was founded to develop a portfolio of digitally-focused, DTC consumer apparel and fashion brands with a global reach.</p>\n<p>Management is headed by Chief Executive Officer Jill Ramsey, who has been with the firm since May 2020 and was previously Chief Product and Digital Revenue Officer at Macy's.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>Princess Polly</li>\n <li>Culture Kings</li>\n <li>Petal &amp; Pup</li>\n <li>Rebdolls</li>\n</ul>\n<p>Below is the a.k.a. platform as it currently stands:</p>\n<p><img src=\"https://static.tigerbbs.com/f7ce425ad6f03482b7316d1970a64a8e\" tg-width=\"1280\" tg-height=\"1058\" referrerpolicy=\"no-referrer\">a.k.a. Brands has received at least $330 million in equity investment from investors including New Excelerate, Beard Entities and Bryett Enterprises Trust.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The company focuses its marketing efforts on Millennials and Gen Z consumers who 'seek fashion inspiration on social media and primarily shop online and via mobile devices.'</p>\n<p>So, a.k.a. leverages its data to provide relevant social content and make other digital marketing strategy efforts to reach consumers directly online.</p>\n<p>Selling expenses as a percentage of total revenue have risen as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/09de0dff45009ec1618d62f05ee32627\" tg-width=\"614\" tg-height=\"307\" referrerpolicy=\"no-referrer\">The Selling efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling spend, was stable in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/3ce88e3f54fea202f724c03c0a3157be\" tg-width=\"610\" tg-height=\"242\" referrerpolicy=\"no-referrer\">For a.k.a.’s largest property, Princess Polly, user engagement measured by average number of pages per visit on that website has remained relatively flat over the last two years, with a recent slight increase to a current blended average desktop/mobile of 7.28 pages per visit, as the chart shows below:</p>\n<p><img src=\"https://static.tigerbbs.com/8faa1fea511d6ca9aedc0d4323baa69b\" tg-width=\"1010\" tg-height=\"497\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source:Similarweb)</p>\n<p>According to a marketresearch reportby BlueCart, the global market for DTC (direct-to-consumer) sales is expected to reach $20 billion globally in 2021.</p>\n<p>This represents a forecast potential increase of 15% over results in 2020.</p>\n<p>The main drivers for this expected growth are an increase in consumer openness to hearing directly from manufacturers via online channels.</p>\n<p>Also, there is a growing desire by businesses to gain an edge through greater data-driven insights stemming from direct relationships with their customers rather than working through 3rd party distributors and retail outlets.</p>\n<p>Major competitive or other industry participants by type include:</p>\n<ul>\n <li>Ecommerce companies</li>\n <li>In-person stores</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>a.k.a. Brands’ recent financial results can be summarized as follows (includes 55% stake in Culture Kings Group):</p>\n<ul>\n <li>Sharply growing topline revenue</li>\n <li>Growing gross profit</li>\n <li>Increasing gross margin</li>\n <li>Uneven operating profit and margin</li>\n <li>Variable cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/3a4b8f665d53cacb759e02e61c0e0fac\" tg-width=\"610\" tg-height=\"616\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/7f24f3b6311e665efae356978c984a91\" tg-width=\"611\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/eeba7aa58d9c2188ca35f7d3ddbfd57a\" tg-width=\"610\" tg-height=\"620\" referrerpolicy=\"no-referrer\">As of June 30, 2021, a.k.a. Brands had $34.3 million in cash and $277.8 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was $28.7 million.</p>\n<p><b>IPO Details</b></p>\n<p>AKA intends to sell 13.9 million shares of common stock at a proposed midpoint price of $18.00 per share for gross proceeds of approximately $250 million, not including the sale of customary underwriter options.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.3 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 10.72%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows (in conjunction with a planned new senior secured credit facility):</p>\n<p><img src=\"https://static.tigerbbs.com/0b37cb842c1d92125dec5e45108e3378\" tg-width=\"1280\" tg-height=\"289\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management believes that any legal claims against it would not be material to its operations or financial condition.</p>\n<p>Listed bookrunners of the IPO are BofA Securities, Credit Suisse, Jefferies and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<p><img src=\"https://static.tigerbbs.com/83589d7d85d1719f3237ee2bc10b5d23\" tg-width=\"612\" tg-height=\"708\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Commentary</b></p>\n<p>AKA is going public to pay down debt and for its future expansion plans.</p>\n<p>AKS’ financials show sharply growing topline revenue and gross profit, increasing gross margin but uneven operating profit and margin and variable cash flow from operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was $28.7 million.</p>\n<p>Selling expenses as a percentage of total revenue have risen as revenue has increased and its Selling efficiency rate was stable at an impressive 2.3x.</p>\n<p>The market opportunity for selling fashionable clothing direct to consumer [DTC] aimed at younger demographics is large and expected to grow substantially in the years ahead.</p>\n<p>Being a mobile-first DTC firm, AKA is well-positioned to adjust to a market that is focused on using online, mobile-phone app purchase modalities.</p>\n<p>BofA Securities is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 11.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the high rate of change in consumer tastes and preferences, which can make it challenging and costly to react to changes in a compressed time period.</p>\n<p>As for valuation, compared toa basketof publicly held Apparel companies complied by noted valuation expert Dr. Aswath Damodaran which as of January 2021 had an average EV/Sales multiple of 2.03x, AKA is seeking an EV/Revenue multiple of 5.03x.</p>\n<p>AKA is growing topline revenue sharply, in part due to its acquisition activities but its operating margin was 4.6% in the most recent six-month period versus the public basket of an average of 5.93%.</p>\n<p>So AKA is growing quickly through acquisition but has a lower operating margin than its public peers.</p>\n<p>However, I favor DTC companies for things like apparel, as the firm can adjust its offering much faster and more accurately as a result of its direct relationship with customers.</p>\n<p>Also, AKA’s mobile-first approach combined with DTC business model also positions the firm well for its target demographic of younger consumers.</p>\n<p>Although the IPO isn’t cheap, I believe AKA has significant room to grow and continue executing its business model approach, so the IPO is worth consideration.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AKA":"a.k.a. Brands Holding Corp."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154932699","content_text":"(Sept 22) a.k.a. Brands Holding Corp. opens for trading at $9.5, down 13.64% from IPO price.\n\nCompany & Technology\nSan Francisco, California-based a.k.a. Brands was founded to develop a portfolio of digitally-focused, DTC consumer apparel and fashion brands with a global reach.\nManagement is headed by Chief Executive Officer Jill Ramsey, who has been with the firm since May 2020 and was previously Chief Product and Digital Revenue Officer at Macy's.\nThe company’s primary offerings include:\n\nPrincess Polly\nCulture Kings\nPetal & Pup\nRebdolls\n\nBelow is the a.k.a. platform as it currently stands:\na.k.a. Brands has received at least $330 million in equity investment from investors including New Excelerate, Beard Entities and Bryett Enterprises Trust.\nCustomer Acquisition\nThe company focuses its marketing efforts on Millennials and Gen Z consumers who 'seek fashion inspiration on social media and primarily shop online and via mobile devices.'\nSo, a.k.a. leverages its data to provide relevant social content and make other digital marketing strategy efforts to reach consumers directly online.\nSelling expenses as a percentage of total revenue have risen as revenues have increased, as the figures below indicate:\nThe Selling efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling spend, was stable in the most recent reporting period, as shown in the table below:\nFor a.k.a.’s largest property, Princess Polly, user engagement measured by average number of pages per visit on that website has remained relatively flat over the last two years, with a recent slight increase to a current blended average desktop/mobile of 7.28 pages per visit, as the chart shows below:\n\n(Source:Similarweb)\nAccording to a marketresearch reportby BlueCart, the global market for DTC (direct-to-consumer) sales is expected to reach $20 billion globally in 2021.\nThis represents a forecast potential increase of 15% over results in 2020.\nThe main drivers for this expected growth are an increase in consumer openness to hearing directly from manufacturers via online channels.\nAlso, there is a growing desire by businesses to gain an edge through greater data-driven insights stemming from direct relationships with their customers rather than working through 3rd party distributors and retail outlets.\nMajor competitive or other industry participants by type include:\n\nEcommerce companies\nIn-person stores\n\nFinancial Performance\na.k.a. Brands’ recent financial results can be summarized as follows (includes 55% stake in Culture Kings Group):\n\nSharply growing topline revenue\nGrowing gross profit\nIncreasing gross margin\nUneven operating profit and margin\nVariable cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\nAs of June 30, 2021, a.k.a. Brands had $34.3 million in cash and $277.8 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was $28.7 million.\nIPO Details\nAKA intends to sell 13.9 million shares of common stock at a proposed midpoint price of $18.00 per share for gross proceeds of approximately $250 million, not including the sale of customary underwriter options.\nNo existing shareholders have indicated an interest to purchase shares at the IPO price.\nAssuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.3 billion.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 10.72%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nPer the firm’s most recent regulatory filing, it plans to use the net proceeds as follows (in conjunction with a planned new senior secured credit facility):\n\n(Source)\nManagement’s presentation of the company roadshow isavailable here.\nRegarding outstanding legal proceedings, management believes that any legal claims against it would not be material to its operations or financial condition.\nListed bookrunners of the IPO are BofA Securities, Credit Suisse, Jefferies and other investment banks.\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\n\nCommentary\nAKA is going public to pay down debt and for its future expansion plans.\nAKS’ financials show sharply growing topline revenue and gross profit, increasing gross margin but uneven operating profit and margin and variable cash flow from operations\nFree cash flow for the twelve months ended June 30, 2021, was $28.7 million.\nSelling expenses as a percentage of total revenue have risen as revenue has increased and its Selling efficiency rate was stable at an impressive 2.3x.\nThe market opportunity for selling fashionable clothing direct to consumer [DTC] aimed at younger demographics is large and expected to grow substantially in the years ahead.\nBeing a mobile-first DTC firm, AKA is well-positioned to adjust to a market that is focused on using online, mobile-phone app purchase modalities.\nBofA Securities is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 11.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is the high rate of change in consumer tastes and preferences, which can make it challenging and costly to react to changes in a compressed time period.\nAs for valuation, compared toa basketof publicly held Apparel companies complied by noted valuation expert Dr. Aswath Damodaran which as of January 2021 had an average EV/Sales multiple of 2.03x, AKA is seeking an EV/Revenue multiple of 5.03x.\nAKA is growing topline revenue sharply, in part due to its acquisition activities but its operating margin was 4.6% in the most recent six-month period versus the public basket of an average of 5.93%.\nSo AKA is growing quickly through acquisition but has a lower operating margin than its public peers.\nHowever, I favor DTC companies for things like apparel, as the firm can adjust its offering much faster and more accurately as a result of its direct relationship with customers.\nAlso, AKA’s mobile-first approach combined with DTC business model also positions the firm well for its target demographic of younger consumers.\nAlthough the IPO isn’t cheap, I believe AKA has significant room to grow and continue executing its business model approach, so the IPO is worth consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880885998,"gmtCreate":1631031796514,"gmtModify":1676530449112,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/880885998","repostId":"1130130857","repostType":4,"repost":{"id":"1130130857","kind":"news","pubTimestamp":1631007146,"share":"https://ttm.financial/m/news/1130130857?lang=&edition=fundamental","pubTime":"2021-09-07 17:32","market":"us","language":"en","title":"Strategists Say the Stock Market Could Struggle This Fall. What to Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1130130857","media":"Barron's","summary":"What a year this has been for the markets!Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and  a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnin","content":"<p>What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&amp;P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.</p>\n<p>Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnings growth are likely to decelerate through the end of the year. What’s more, theFederal Reserve has all but promised to start tapering its bond buyingin coming months, and the Biden administration has proposed hiking corporate and personal tax rates. None of this is apt to sit well with holders of increasingly pricey shares.</p>\n<p>In other words,brace for a volatile fallin which conflicting forces buffet stocks, bonds, and investors. “The everything rally is behind us,” says Saira Malik, chief investment officer of global equities at Nuveen. “It’s not going to be a sharply rising economic tide that lifts all boats from here.”</p>\n<p>That’s the general consensus among the six market strategists and chief investment officers whom<i>Barron’s</i>recently consulted. All see the S&amp;P 500 ending the year near Thursday’s close of 4536. Their average target: 4585.</p>\n<p>Next year’s gains look muted, as well, relative to recent trends. The group expects the S&amp;P 500 to tack on another 6% in 2022, rising to about 4800.</p>\n<p><img src=\"https://static.tigerbbs.com/eb61c7b74b9b0f18a019afb4ac44ad59\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">With stocks trading for about 21 times the coming year’s expected earnings,bonds yielding little, and cash yielding less than nothing after accounting for inflation, investors face tough asset-allocation decisions. In place of the “everything rally,” which lifted fast-growing tech stocks, no-growth meme stocks, and the Dogecoins of the digital world, our market watchers recommend focusing on “quality” investments. In equities, that means shares of businesses with solid balance sheets, expanding profit margins, and ample and recurring free cash flow. Even if the averages do little in coming months, these stocks are likely to shine.</p>\n<p>The stock market’s massive rally in the past year was a gift of sorts from the Federal Reserve, which flooded the financial system with money to stave off theeconomic damage wrought by the Covid pandemic. Since March 2020, the U.S. central bank has been buying a combined $120 billion a month of U.S. Treasuries and mortgage-backed securities, while keeping its benchmark federal-funds rate target at 0% to 0.25%. These moves have depressed bond yields and pushed investors into riskier assets, including stocks.</p>\n<p>Fed Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> has said that the central bank might begin to wind down, or taper, its emergency asset purchases sometime in the coming quarters, a move that could roil risk assets of all sorts. “For us, it’s very simple: Tapering is tightening,” says Mike Wilson, chief investment officer and chief U.S. equity strategist atMorgan Stanley.“It’s the first step away from maximum accommodation [by the Fed]. They’re being very calculated about it this time, but the bottom line is that it should have a negative effect on equity valuations.”</p>\n<p>The government’s stimulus spending, too, has peaked, the strategists note. Supplemental federal unemployment benefits of $300 a week expire as of Sept. 6. Although Congress seems likely to pass a bipartisan infrastructure bill this fall, the near-term economic impact will pale in comparison to the multiple rounds of stimulus introduced since March 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/c2cb76c498c1c4c980139e3d0514c261\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">The bill includes about $550 billion in new spending—a fraction of the trillions authorized by previous laws—and it will be spread out over many years. The short-term boost that infrastructure stimulus will give to consumer spending, which accounts for almost 70% of U.S. growth domestic product, won’t come close to what the economy saw after millions of Americans received checks from the government this past year.</p>\n<p>A budget bill approved by Democrats only should follow the infrastructure bill, and include spending to support Medicare expansion, child-care funding, free community-college tuition, public housing, and climate-related measures, among other party priorities. Congress could vote to lift taxes on corporations and high-earning individuals to offset that spending—another near-term risk to the market.</p>\n<p><img src=\"https://static.tigerbbs.com/6693da658db16059fc99e08a7531675f\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">Other politically charged issues likewise could derail equities this fall. Congress needs to pass a debt-ceiling increase to fund the government, and a stop-gap spending bill later this month to avoid a <a href=\"https://laohu8.com/S/WASH\">Washington</a> shutdown in October.</p>\n<p>For now, our market experts are relatively sanguine about the economic impact of the Delta variant of Covid-19. As long as vaccines remain effective in minimizing severe infections that lead to hospitalizations and deaths, the negative effects of the current Covid wave will be limited largely to the travel industry and movie theaters, they say. Wall Street’s base case for the market doesn’t include a renewed wave of lockdowns that would undermine economic growth.</p>\n<p>Inflation has been a hot topic at the Fed and among investors, partly because it has been running so hot of late. The U.S. consumer price index rose at an annualized 5.4% in both June and July—a spike the Fed calls transitory, although others aren’t so sure. The strategists are taking Powell’s side of the argument; they expect inflation to fall significantly next year. Their forecasts fall between 2.5% and 3.5%, which they consider manageable for consumers and companies, and an acceptable side effect of rapid economic growth. An inflation rate above 2.5%, however, combined with Fed tapering, would mean that now ultralow bond yields should rise.</p>\n<p>“We think inflation will continue to run hotter than it has since the financial crisis, but it’s hard for us to see inflation much over 2.5% once many of the reopening-related pressures start to dissipate,” says Michael Fredericks, head of income investing for theBlackRockMulti-Asset Strategies Group. “So bond yields do need to move up, but that will happen gradually.”</p>\n<p>The strategists see the yield on the 10-year U.S. Treasury note climbing to around 1.65% by year end. That’s about 35 basis points—or hundredths of a percentage point—above current levels, but below the 1.75% that the yield reached at its March 2021 highs. By next year, the 10-year Treasury could yield 2%, the group says. Those aren’t big moves in absolute terms, but they’re meaningful for&nbsp;the bond market—and could be even more so for stocks.</p>\n<p>Rising yields tend to weigh on stock valuations for two reasons. Higher-yielding bonds offer competition to stocks, and companies’ future earnings are worthless in the present when discounting them at a higher rate. Still, a 10-year yield around 2% won’t be enough to knock stock valuations down to pre-Covid levels. Even if yields climb, market strategists see the price/earnings multiple of the S&amp;P 500 holding well above its 30-year average of 16 times forward earnings. The index’s forward P/E topped 23 last fall.</p>\n<p><img src=\"https://static.tigerbbs.com/e08d24cb421d7cc13debd76a9c6fea01\" tg-width=\"660\" tg-height=\"434\" referrerpolicy=\"no-referrer\"></p>\n<p>As long as 10-year Treasury yields stay in the 2% range, the S&amp;P 500 should be able to command a forward P/E in the high teens, strategists say. A return to the 16-times long-term average isn’t in the cards until there is more pressure from much higher yields—or something else that causes stocks to fall.</p>\n<p>If yields surge past 2% or 2.25%, investors could start to question equity valuations more seriously, says&nbsp;<a href=\"https://laohu8.com/S/STT\">State</a> Street’schief portfolio strategist, Gaurav Mallik: “We haven’t seen [the 10-year yield] above 2% for some time now, so that’s an important sentiment level for investors.”</p>\n<p><img src=\"https://static.tigerbbs.com/93ff6490069ab5dc1b4057f1ff7966f3\" tg-width=\"664\" tg-height=\"441\" referrerpolicy=\"no-referrer\"></p>\n<p>Wilson is more concerned, noting that the stock market’s valuation risk is asymmetric: “It’s very unlikely that multiples are going to go up, and there’s a good chance that they go down more than 10% given the deceleration in growth and where we are in the cycle,” he says</p>\n<p>If 16 to 23 times forward earnings is the range, he adds, “you’re already at the very high end of that. There’s more potential risk than reward.”</p>\n<p>Some P/E-multiple compression is baked into all six strategists’ forecasts, heaping greater importance on the path of profit growth. On average, the strategists expect S&amp;P 500 earnings to jump 46% this year, to about $204, after last year’s earnings depression. That could be followed by a more normalized gain of 9% in 2022, to about $222.50.</p>\n<p>A potential headwind would be a higher federal corporate-tax rate in 2022. The details of Democrats’ spending and taxation plans will be worked out in the coming weeks, and investors can expect to hear a lot more about potential tax increases. Several strategists see a 25% federal rate on corporate profits as a likely compromise figure, above the 21% in place since 2018, but below the 28% sought by the Biden administration.</p>\n<p>An increase of that magnitude would shave about 5% off S&amp;P 500 earnings next year. The index could drop by a similar amount as the passage of the Democrats’ reconciliation bill nears this fall, but the impact should be limited to that initial correction. As with the tax cuts in December 2017, the change should be a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time event for the market, some strategists predict.</p>\n<p>These concerns aside, investors shouldn’t miss the bigger picture: The U.S. economy is in good shape and growing robustly. The strategists expect gross domestic product to rise 6.3% this year and about 4% in 2022. “The cyclical uplift and above-trend growth will continue at least through 2022, and we want to be biased toward assets that have that exposure,” says Mallik.</p>\n<blockquote>\n “We’re going to have a hot economy this year and next. When GDP growth is above average, value beats growth and cyclicals beat defensives.”— Lori Calvasina, RBC Capital Markets\n</blockquote>\n<p>The State Street strategist recommends overweighting materials, financials, and technology in investment portfolios. That approach includes both economically sensitive companies, such as banks and miners, and steady growers in the tech sector.</p>\n<p>RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, likewise takes a barbell approach, with both cyclical and growth exposure. Her preferred sectors are energy, financials, and technology.</p>\n<p>“Valuations are still a lot more attractive in financials and energy than growth [sectors such as technology or consumer discretionary,]” Calvasina says. “The catalyst in the near term is getting out of the current Covid wave... We’re going to have a hot economy this year and next, and traditionally when GDP growth is above average, value beats growth and cyclicals beat defensives.”</p>\n<p>But the focus on quality will be pivotal, especially moving into the second half of 2022. That’s when the Fed is likely to hike interest rates for the first time in this cycle. By 2023, the economy could return to pre-Covid growth on the order of 2%.</p>\n<p>“The historical playbook is that coming out of a recession, you tend to see low-quality outperformance that lasts about a year, then leadership flips back to high quality,” Calvasina says. “But that transition from low quality back to high quality tends to be very bumpy.”</p>\n<p><b>A Shopping List for Fall</b></p>\n<p>Most strategists favor a combination of economically sensitive stocks and steady growers, including tech shares. Financials should do well, particularly if bond yields rise.</p>\n<p><img src=\"https://static.tigerbbs.com/a54c4bd114c1a5f7f700d1fc14d30d8e\" tg-width=\"970\" tg-height=\"230\" referrerpolicy=\"no-referrer\"></p>\n<p>Although stocks with quality attributes have outperformed the market this summer, according to a <a href=\"https://laohu8.com/S/BLK\">BlackRock</a> analysis, the quality factor has lagged since positive vaccine news was first reported last November.</p>\n<p>“We’re moving into a mid-cycle environment, when underlying economic growth remains strong but momentum begins to decelerate,” BlackRock’s Fredericks says. “Our research shows that quality stocks perform particularly well in such a period.”</p>\n<p>He recommends overweighting profitable technology companies; financials, including banks, and consumer staples and industrials with those quality characteristics.</p>\n<p>For <a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>’s head of equity strategy, Christopher Harvey, a mix of post-pandemic beneficiaries and defensive exposure is the way to go. He constructed a basket of stocks with lower-than-average volatility—which should outperform during periods of market uncertainty or stress this fall—and high “Covid beta,” or sensitivity to good or bad news about the pandemic. One requirement; The stocks had to be rated the equivalent of Buy by Wells Fargo’s equity analysts.</p>\n<p>“There’s near-term economic uncertainty, interest-rate uncertainty, and Covid risk, and generally we’re in a seasonally weaker part of the year around September,” says Harvey. “If we can balance low vol and high Covid beta, we can mitigate a lot of the upcoming uncertainty and volatility around timing of several of those catalysts. Longer-term, though, we still want to have that [reopening exposure.]”</p>\n<p>Harvey’s list of low-volatility stocks with high Covid beta includesApple(AAPL),<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>(BAC),<a href=\"https://laohu8.com/S/NTRSP\">Northern</a> Trust(NTRS),Lowe’s(LOW),<a href=\"https://laohu8.com/S/IQV\">IQVIA</a> Holdings(IQV), andMasco(MAS).</p>\n<p>Overall, banks are the most frequently recommended group for the months ahead. TheInvesco KBW Bankexchange-traded fund (KBWB) provides broad exposure to the sector in the U.S.</p>\n<p>“We like the valuations [and] credit quality; they are now allowed to buy back shares and increase dividends, and there’s higher Covid beta,” says Harvey.</p>\n<p>Cheaper valuations mean less potential downside in a market correction. And, contrary to much of the rest of the stock market, higher interest rates would be a tailwind for the banks, which could then charge more for loans.</p>\n<p><a href=\"https://laohu8.com/S/HCSG\">Healthcare</a> stocks also have some fans. “<a href=\"https://laohu8.com/S/HR\">Healthcare</a> has both defensive and growth attributes to it,” Wilson says. “You’re paying a lot less per unit of growth in healthcare today than you are in other sectors. So we think it provides good balance in this market when we’re worried about valuation.” Health insurerHumana(HUM) makes Wilson’s “Fresh Money Buy List” of stocks Buy-rated by <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> analysts and fitting his macro views.</p>\n<p>Nuveen’s Malik is also looking toward health care for relatively underpriced growth exposure, namely in the pharmaceuticals and biotechnology groups. She points toSeagen(SGEN), which is focused on oncology drugs and could be an attractive acquisition target for a pharma giant.</p>\n<p>Malik also likesAbbVie(ABBV) which trades at an undemanding eight times forward earnings and sports a 4.7% dividend yield. The coming expiration of patents on its blockbuster anti-inflammatory drug Humira has kept some investors away, but Malik is confident that management can limit the damage and sees promising drugs in development at the $200 billion company.</p>\n<p>Both stocks have had a tough time in recent days. Seagen fell more than 8% last week, to around $152, on news that its co-founder and CEO sold a large number of shares recently. AndAbbVietanked 7% Wednesday, to $112.27, after the Food and Drug Administration required new warning labels for JAK inhibitors, a type of anti-rheumatoid drug that includes one of <a href=\"https://laohu8.com/S/ABBV\">AbbVie</a>’s most promising post-Humira products.</p>\n<p><a href=\"https://laohu8.com/S/PFE\">Pfizer</a>(PFE),<a href=\"https://laohu8.com/S/AXP\">American Express</a>(AXP),Johnson &amp; Johnson(JNJ), andCisco Systems(CSCO) are other S&amp;P 500 members that pass a<i>Barron’s</i>screen for quality attributes.</p>\n<p>After a year of steady gains, investors might be reminded this fall that stocks can also decline, as growth momentum and policy support begin to fade. But underlying economic strength supports buying the dip, should the market drop from its highs. <a href=\"https://laohu8.com/S/JE\">Just</a> be more selective. And go with quality.</p>","source":"lsy1610680873436","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>Strategists Say the Stock Market Could Struggle This Fall. What to Buy Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStrategists Say the Stock Market Could Struggle This Fall. What to Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-could-struggle-this-fall-market-strategists-say-stick-with-quality-companies-51630699840?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&P 500stock index has...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-could-struggle-this-fall-market-strategists-say-stick-with-quality-companies-51630699840?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stocks-could-struggle-this-fall-market-strategists-say-stick-with-quality-companies-51630699840?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130130857","content_text":"What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.\nTailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnings growth are likely to decelerate through the end of the year. What’s more, theFederal Reserve has all but promised to start tapering its bond buyingin coming months, and the Biden administration has proposed hiking corporate and personal tax rates. None of this is apt to sit well with holders of increasingly pricey shares.\nIn other words,brace for a volatile fallin which conflicting forces buffet stocks, bonds, and investors. “The everything rally is behind us,” says Saira Malik, chief investment officer of global equities at Nuveen. “It’s not going to be a sharply rising economic tide that lifts all boats from here.”\nThat’s the general consensus among the six market strategists and chief investment officers whomBarron’srecently consulted. All see the S&P 500 ending the year near Thursday’s close of 4536. Their average target: 4585.\nNext year’s gains look muted, as well, relative to recent trends. The group expects the S&P 500 to tack on another 6% in 2022, rising to about 4800.\nWith stocks trading for about 21 times the coming year’s expected earnings,bonds yielding little, and cash yielding less than nothing after accounting for inflation, investors face tough asset-allocation decisions. In place of the “everything rally,” which lifted fast-growing tech stocks, no-growth meme stocks, and the Dogecoins of the digital world, our market watchers recommend focusing on “quality” investments. In equities, that means shares of businesses with solid balance sheets, expanding profit margins, and ample and recurring free cash flow. Even if the averages do little in coming months, these stocks are likely to shine.\nThe stock market’s massive rally in the past year was a gift of sorts from the Federal Reserve, which flooded the financial system with money to stave off theeconomic damage wrought by the Covid pandemic. Since March 2020, the U.S. central bank has been buying a combined $120 billion a month of U.S. Treasuries and mortgage-backed securities, while keeping its benchmark federal-funds rate target at 0% to 0.25%. These moves have depressed bond yields and pushed investors into riskier assets, including stocks.\nFed Chairman Jerome Powell has said that the central bank might begin to wind down, or taper, its emergency asset purchases sometime in the coming quarters, a move that could roil risk assets of all sorts. “For us, it’s very simple: Tapering is tightening,” says Mike Wilson, chief investment officer and chief U.S. equity strategist atMorgan Stanley.“It’s the first step away from maximum accommodation [by the Fed]. They’re being very calculated about it this time, but the bottom line is that it should have a negative effect on equity valuations.”\nThe government’s stimulus spending, too, has peaked, the strategists note. Supplemental federal unemployment benefits of $300 a week expire as of Sept. 6. Although Congress seems likely to pass a bipartisan infrastructure bill this fall, the near-term economic impact will pale in comparison to the multiple rounds of stimulus introduced since March 2020.\nThe bill includes about $550 billion in new spending—a fraction of the trillions authorized by previous laws—and it will be spread out over many years. The short-term boost that infrastructure stimulus will give to consumer spending, which accounts for almost 70% of U.S. growth domestic product, won’t come close to what the economy saw after millions of Americans received checks from the government this past year.\nA budget bill approved by Democrats only should follow the infrastructure bill, and include spending to support Medicare expansion, child-care funding, free community-college tuition, public housing, and climate-related measures, among other party priorities. Congress could vote to lift taxes on corporations and high-earning individuals to offset that spending—another near-term risk to the market.\nOther politically charged issues likewise could derail equities this fall. Congress needs to pass a debt-ceiling increase to fund the government, and a stop-gap spending bill later this month to avoid a Washington shutdown in October.\nFor now, our market experts are relatively sanguine about the economic impact of the Delta variant of Covid-19. As long as vaccines remain effective in minimizing severe infections that lead to hospitalizations and deaths, the negative effects of the current Covid wave will be limited largely to the travel industry and movie theaters, they say. Wall Street’s base case for the market doesn’t include a renewed wave of lockdowns that would undermine economic growth.\nInflation has been a hot topic at the Fed and among investors, partly because it has been running so hot of late. The U.S. consumer price index rose at an annualized 5.4% in both June and July—a spike the Fed calls transitory, although others aren’t so sure. The strategists are taking Powell’s side of the argument; they expect inflation to fall significantly next year. Their forecasts fall between 2.5% and 3.5%, which they consider manageable for consumers and companies, and an acceptable side effect of rapid economic growth. An inflation rate above 2.5%, however, combined with Fed tapering, would mean that now ultralow bond yields should rise.\n“We think inflation will continue to run hotter than it has since the financial crisis, but it’s hard for us to see inflation much over 2.5% once many of the reopening-related pressures start to dissipate,” says Michael Fredericks, head of income investing for theBlackRockMulti-Asset Strategies Group. “So bond yields do need to move up, but that will happen gradually.”\nThe strategists see the yield on the 10-year U.S. Treasury note climbing to around 1.65% by year end. That’s about 35 basis points—or hundredths of a percentage point—above current levels, but below the 1.75% that the yield reached at its March 2021 highs. By next year, the 10-year Treasury could yield 2%, the group says. Those aren’t big moves in absolute terms, but they’re meaningful for the bond market—and could be even more so for stocks.\nRising yields tend to weigh on stock valuations for two reasons. Higher-yielding bonds offer competition to stocks, and companies’ future earnings are worthless in the present when discounting them at a higher rate. Still, a 10-year yield around 2% won’t be enough to knock stock valuations down to pre-Covid levels. Even if yields climb, market strategists see the price/earnings multiple of the S&P 500 holding well above its 30-year average of 16 times forward earnings. The index’s forward P/E topped 23 last fall.\n\nAs long as 10-year Treasury yields stay in the 2% range, the S&P 500 should be able to command a forward P/E in the high teens, strategists say. A return to the 16-times long-term average isn’t in the cards until there is more pressure from much higher yields—or something else that causes stocks to fall.\nIf yields surge past 2% or 2.25%, investors could start to question equity valuations more seriously, says State Street’schief portfolio strategist, Gaurav Mallik: “We haven’t seen [the 10-year yield] above 2% for some time now, so that’s an important sentiment level for investors.”\n\nWilson is more concerned, noting that the stock market’s valuation risk is asymmetric: “It’s very unlikely that multiples are going to go up, and there’s a good chance that they go down more than 10% given the deceleration in growth and where we are in the cycle,” he says\nIf 16 to 23 times forward earnings is the range, he adds, “you’re already at the very high end of that. There’s more potential risk than reward.”\nSome P/E-multiple compression is baked into all six strategists’ forecasts, heaping greater importance on the path of profit growth. On average, the strategists expect S&P 500 earnings to jump 46% this year, to about $204, after last year’s earnings depression. That could be followed by a more normalized gain of 9% in 2022, to about $222.50.\nA potential headwind would be a higher federal corporate-tax rate in 2022. The details of Democrats’ spending and taxation plans will be worked out in the coming weeks, and investors can expect to hear a lot more about potential tax increases. Several strategists see a 25% federal rate on corporate profits as a likely compromise figure, above the 21% in place since 2018, but below the 28% sought by the Biden administration.\nAn increase of that magnitude would shave about 5% off S&P 500 earnings next year. The index could drop by a similar amount as the passage of the Democrats’ reconciliation bill nears this fall, but the impact should be limited to that initial correction. As with the tax cuts in December 2017, the change should be a one-time event for the market, some strategists predict.\nThese concerns aside, investors shouldn’t miss the bigger picture: The U.S. economy is in good shape and growing robustly. The strategists expect gross domestic product to rise 6.3% this year and about 4% in 2022. “The cyclical uplift and above-trend growth will continue at least through 2022, and we want to be biased toward assets that have that exposure,” says Mallik.\n\n “We’re going to have a hot economy this year and next. When GDP growth is above average, value beats growth and cyclicals beat defensives.”— Lori Calvasina, RBC Capital Markets\n\nThe State Street strategist recommends overweighting materials, financials, and technology in investment portfolios. That approach includes both economically sensitive companies, such as banks and miners, and steady growers in the tech sector.\nRBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, likewise takes a barbell approach, with both cyclical and growth exposure. Her preferred sectors are energy, financials, and technology.\n“Valuations are still a lot more attractive in financials and energy than growth [sectors such as technology or consumer discretionary,]” Calvasina says. “The catalyst in the near term is getting out of the current Covid wave... We’re going to have a hot economy this year and next, and traditionally when GDP growth is above average, value beats growth and cyclicals beat defensives.”\nBut the focus on quality will be pivotal, especially moving into the second half of 2022. That’s when the Fed is likely to hike interest rates for the first time in this cycle. By 2023, the economy could return to pre-Covid growth on the order of 2%.\n“The historical playbook is that coming out of a recession, you tend to see low-quality outperformance that lasts about a year, then leadership flips back to high quality,” Calvasina says. “But that transition from low quality back to high quality tends to be very bumpy.”\nA Shopping List for Fall\nMost strategists favor a combination of economically sensitive stocks and steady growers, including tech shares. Financials should do well, particularly if bond yields rise.\n\nAlthough stocks with quality attributes have outperformed the market this summer, according to a BlackRock analysis, the quality factor has lagged since positive vaccine news was first reported last November.\n“We’re moving into a mid-cycle environment, when underlying economic growth remains strong but momentum begins to decelerate,” BlackRock’s Fredericks says. “Our research shows that quality stocks perform particularly well in such a period.”\nHe recommends overweighting profitable technology companies; financials, including banks, and consumer staples and industrials with those quality characteristics.\nFor Wells Fargo’s head of equity strategy, Christopher Harvey, a mix of post-pandemic beneficiaries and defensive exposure is the way to go. He constructed a basket of stocks with lower-than-average volatility—which should outperform during periods of market uncertainty or stress this fall—and high “Covid beta,” or sensitivity to good or bad news about the pandemic. One requirement; The stocks had to be rated the equivalent of Buy by Wells Fargo’s equity analysts.\n“There’s near-term economic uncertainty, interest-rate uncertainty, and Covid risk, and generally we’re in a seasonally weaker part of the year around September,” says Harvey. “If we can balance low vol and high Covid beta, we can mitigate a lot of the upcoming uncertainty and volatility around timing of several of those catalysts. Longer-term, though, we still want to have that [reopening exposure.]”\nHarvey’s list of low-volatility stocks with high Covid beta includesApple(AAPL),Bank of America(BAC),Northern Trust(NTRS),Lowe’s(LOW),IQVIA Holdings(IQV), andMasco(MAS).\nOverall, banks are the most frequently recommended group for the months ahead. TheInvesco KBW Bankexchange-traded fund (KBWB) provides broad exposure to the sector in the U.S.\n“We like the valuations [and] credit quality; they are now allowed to buy back shares and increase dividends, and there’s higher Covid beta,” says Harvey.\nCheaper valuations mean less potential downside in a market correction. And, contrary to much of the rest of the stock market, higher interest rates would be a tailwind for the banks, which could then charge more for loans.\nHealthcare stocks also have some fans. “Healthcare has both defensive and growth attributes to it,” Wilson says. “You’re paying a lot less per unit of growth in healthcare today than you are in other sectors. So we think it provides good balance in this market when we’re worried about valuation.” Health insurerHumana(HUM) makes Wilson’s “Fresh Money Buy List” of stocks Buy-rated by Morgan Stanley analysts and fitting his macro views.\nNuveen’s Malik is also looking toward health care for relatively underpriced growth exposure, namely in the pharmaceuticals and biotechnology groups. She points toSeagen(SGEN), which is focused on oncology drugs and could be an attractive acquisition target for a pharma giant.\nMalik also likesAbbVie(ABBV) which trades at an undemanding eight times forward earnings and sports a 4.7% dividend yield. The coming expiration of patents on its blockbuster anti-inflammatory drug Humira has kept some investors away, but Malik is confident that management can limit the damage and sees promising drugs in development at the $200 billion company.\nBoth stocks have had a tough time in recent days. Seagen fell more than 8% last week, to around $152, on news that its co-founder and CEO sold a large number of shares recently. AndAbbVietanked 7% Wednesday, to $112.27, after the Food and Drug Administration required new warning labels for JAK inhibitors, a type of anti-rheumatoid drug that includes one of AbbVie’s most promising post-Humira products.\nPfizer(PFE),American Express(AXP),Johnson & Johnson(JNJ), andCisco Systems(CSCO) are other S&P 500 members that pass aBarron’sscreen for quality attributes.\nAfter a year of steady gains, investors might be reminded this fall that stocks can also decline, as growth momentum and policy support begin to fade. But underlying economic strength supports buying the dip, should the market drop from its highs. Just be more selective. And go with quality.","news_type":1},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887084779,"gmtCreate":1631945020091,"gmtModify":1676530675884,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/887084779","repostId":"2168716185","repostType":4,"repost":{"id":"2168716185","kind":"news","pubTimestamp":1631916051,"share":"https://ttm.financial/m/news/2168716185?lang=&edition=fundamental","pubTime":"2021-09-18 06:00","market":"us","language":"en","title":"Wall Street closes rollercoaster week sharply lower","url":"https://stock-news.laohu8.com/highlight/detail?id=2168716185","media":"The Straits Times","summary":"NEW YORK  - US stocks ended sharply lower in a broad sell-off on Friday , ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and possible shifts in the US Federal Reserve's timeline for tapering asset purchases.All three major US stock indexes lost ground, with the Nasdaq Composite Index's weighed down as rising US Treasury yields pressured market-leading growth stocks.They also posted weekly losses, with the S&P index suffering its biggest tw","content":"<div>\n<p>NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>Wall Street closes rollercoaster week sharply lower</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\">\nWall Street closes rollercoaster week sharply lower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100","SDS":"两倍做空标普500ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","SH":"标普500反向ETF","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares"},"source_url":"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168716185","content_text":"NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and possible shifts in the US Federal Reserve's timeline for tapering asset purchases.\nAll three major US stock indexes lost ground, with the Nasdaq Composite Index's weighed down as rising US Treasury yields pressured market-leading growth stocks.\nThey also posted weekly losses, with the S&P index suffering its biggest two-week drop since February.\n\"The market is struggling with prospects for tighter fiscal policy due to tax increases, and tighter monetary policy due to Fed tapering,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York.\n\"Equity markets are also a little softer due to today's weak Consumer Sentiment data,\" Carter added. \"It's triggering concerns that the Delta variant could slow economic growth.\"\nA potential hike in corporate taxes could eat into earnings also weigh on markets, with leading Democrats seeking to raise the top tax rate on corporations to 26.5 per cent from the current 21 per cent.\nWhile consumer sentiment steadied this month it remains depressed, according to a University of Michigan report, as Americans postpone purchases while inflation remains high.\nInflation is likely to be a major issue next week, when the Federal Open Markets Committee holds its two-day monetary policy meeting. Market participants will be watching closely for changes in nuance which could signal a shift in the Fed's tapering timeline.\n\"It has been a week of mixed economic data and we are focused clearly on what will come out of the Fed meeting next week,\" said Bill Northey, senior investment director at US Bank Wealth Management in Helena, Montana.\nThe Dow Jones Industrial Average fell 166.44 points, or 0.48 per cent, to 34,584.88; the S&P 500 lost 40.76 points, or 0.91 per cent, at 4,432.99; and the Nasdaq Composite dropped 137.96 points, or 0.91 per cent, to 15,043.97.\nThe S&P 500 ended below its 50-day moving average, which in recent history has proven a rather sturdy support level.\nOf the 11 major sectors in the S&P 500, all but healthcare ended in the red, with materials and utilities suffering the biggest percentage drops.\nWall Street ends rollercoaster week sharply lower\nCovid-19 vaccine manufacturers Pfizer and Moderna dropped 1.3 per cent and 2.4 per cent, respectively, as US health officials moved the debate over booster doses to a panel of independent experts.\nUS Steel Corp shed 8 per cent after it unveiled a US$3 billion (S$4 billion) mini-mill investment plan.\nVolume and volatility spiked toward the end of the session due to \"triple witching,\" which is the quarterly, simultaneous expiration of stock options, stock index futures, and stock index options contracts.\nVolume on US exchanges was 15.51 billion shares, compared with the 9.70 billion average over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.97-to-1 ratio; on Nasdaq, a 1.00-to-1 ratio favoured advancers.\nThe S&P 500 posted seven new 52-week highs and two new lows; the Nasdaq Composite recorded 67 new highs and 82 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888605315,"gmtCreate":1631491592137,"gmtModify":1676530554894,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/888605315","repostId":"2167052753","repostType":4,"repost":{"id":"2167052753","kind":"news","pubTimestamp":1631489769,"share":"https://ttm.financial/m/news/2167052753?lang=&edition=fundamental","pubTime":"2021-09-13 07:36","market":"us","language":"en","title":"Moderna ETFs to Rally on Two-in-One Vaccine Booster Shot News","url":"https://stock-news.laohu8.com/highlight/detail?id=2167052753","media":"Zacks","summary":"A formidable name among the COVID-19 vaccine developers, Moderna MRNA, impressed investors with a ra","content":"<p>A formidable name among the COVID-19 vaccine developers, Moderna MRNA, impressed investors with a rally of 7.8% on Sep 9. The shares of the biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines soared as it informed about developing a two-in-<a href=\"https://laohu8.com/S/AONE.U\">one</a> vaccine booster shot that will provide shield against both COVID-19 and the seasonal flu. Moderna plans to name the new vaccine mRNA-1073, which will be a combination of the company’s present coronavirus vaccine along with a flu shot that is presently under development.</p>\n<p>Moderna’s COVID-19 vaccine for adults has already received the emergency use authorization or emergency use listing from the World Health Organization&nbsp;(WHO) and health authorities in more than 50 countries. The company has also been granted approval for the application of its COVID-19 vaccine in adolescents aged 12 years and above in the&nbsp;European Union&nbsp;and other jurisdictions. Moderna duly completed the submission process for a Biologics License Application (BLA) for the vaccine in the United States on Aug 25. According to data compiled by the Centers for Disease Control and Prevention, more than 147 million of the Moderna shots have been provided in the United States (per a CNBC article).</p>\n<p>Notably, Moderna recently informed about new data on the durability of its COVID-19 vaccine in generating neutralizing antibodies against variants of concern like Alpha, Beta, Gamma, Delta, Epsilon and Iota. According to the company, the manuscript was published in Science. The data shows that majority of the people who received both the shots of Moderna’s COVID-19 vaccine maintained both binding and functional antibodies against SARS-CoV-2 variants for six months after the second dose.</p>\n<h3>Moderna ETFs to Gain</h3>\n<p>Considering the important role played by the coronavirus vaccines in Moderna’s recent earnings results, the latest developments can be a positive for the stock. Notably, Moderna delivered 302 million doses of mRNA-1273, including 199 million doses in the second quarter, across the globe during the first half of 2021. The company expects to manufacture 800 million to 1 billion doses in 2021. It also projects to produce between 2 billion and 3 billion doses in 2022.</p>\n<p>Interestingly, Moderna reported revenues of $4.4 billion in the second quarter, up from $67 million in the year-ago quarter. The major increase in revenues was driven by sales of its coronavirus vaccine, which is now approved for temporary/emergency use in several countries. Moreover, grants from an agreement with Biomedical Advanced Research and Development Authority (“BARDA”) related to development of the COVID-19 vaccine drove revenues.</p>\n<p>Therefore, we discuss a few ETFs that provide exposure to Moderna<b>:</b></p>\n<p><b><a href=\"https://laohu8.com/S/GERM\">ETFMG Treatments Testing and Advancements ETF</a>&nbsp;</b>GERM</p>\n<p>This fund is designed to give direct exposure to biotech companies, directly engaged in the testing and treatment of infectious diseases. It holds 77 stocks in its basket, with Moderna occupying the top spot at 12.15% share. The fund has amassed $70.1 million in its asset base and charges 68 basis points (bps) in annual fees (read:&nbsp;Play COVID-Themed ETFs as US Labor Day Sees Rise in New Cases).</p>\n<p><b>VanEck Biotech ETF&nbsp;</b>BBH</p>\n<p>The underlying MVIS US Listed Biotech 25 Index tracks the overall performance of companies involved in the development and production, marketing and sales of drugs based on genetic analysis and diagnostic equipment. It holds about 24 securities in its basket, with 11.17% exposure to Moderna. Its AUM is $630.9 million and it has an expense ratio of 0.35% (read:&nbsp;Best ETF Areas for Placing Your Bets in September).</p>\n<p><b><a href=\"https://laohu8.com/S/EEME\">iShares</a> Biotechnology ETF&nbsp;</b>IBB</p>\n<p>This fund seeks to track the investment results of an index composed of U.S.-listed equities in the biotechnology sector. It holds about 269 securities in its basket, with 11.14% exposure to Moderna. IBB has AUM of $11.44 billion, with an expense ratio of 0.45% (read:&nbsp;Pfizer Vaccine Approval Triggers a Surge in Biotech ETFs).</p>\n<p><b><a href=\"https://laohu8.com/S/EGRW\">iShares</a> Genomics Immunology and Healthcare ETF&nbsp;</b>IDNA</p>\n<p>The fund seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology, and bioengineering. It holds about 48 securities in its basket, with 7.79% exposure to Moderna. IDNA has AUM of $370 million, with an expense ratio of 0.47% (read: A Comprehensive Guide to Genomic ETFs).</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Moderna ETFs to Rally on Two-in-One Vaccine Booster Shot News</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\">\nModerna ETFs to Rally on Two-in-One Vaccine Booster Shot News\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 07:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/moderna-etfs-rally-two-one-215809649.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A formidable name among the COVID-19 vaccine developers, Moderna MRNA, impressed investors with a rally of 7.8% on Sep 9. The shares of the biotechnology company pioneering messenger RNA (mRNA) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/moderna-etfs-rally-two-one-215809649.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NWS":"新闻集团","MRNA":"Moderna, Inc."},"source_url":"https://finance.yahoo.com/news/moderna-etfs-rally-two-one-215809649.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2167052753","content_text":"A formidable name among the COVID-19 vaccine developers, Moderna MRNA, impressed investors with a rally of 7.8% on Sep 9. The shares of the biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines soared as it informed about developing a two-in-one vaccine booster shot that will provide shield against both COVID-19 and the seasonal flu. Moderna plans to name the new vaccine mRNA-1073, which will be a combination of the company’s present coronavirus vaccine along with a flu shot that is presently under development.\nModerna’s COVID-19 vaccine for adults has already received the emergency use authorization or emergency use listing from the World Health Organization (WHO) and health authorities in more than 50 countries. The company has also been granted approval for the application of its COVID-19 vaccine in adolescents aged 12 years and above in the European Union and other jurisdictions. Moderna duly completed the submission process for a Biologics License Application (BLA) for the vaccine in the United States on Aug 25. According to data compiled by the Centers for Disease Control and Prevention, more than 147 million of the Moderna shots have been provided in the United States (per a CNBC article).\nNotably, Moderna recently informed about new data on the durability of its COVID-19 vaccine in generating neutralizing antibodies against variants of concern like Alpha, Beta, Gamma, Delta, Epsilon and Iota. According to the company, the manuscript was published in Science. The data shows that majority of the people who received both the shots of Moderna’s COVID-19 vaccine maintained both binding and functional antibodies against SARS-CoV-2 variants for six months after the second dose.\nModerna ETFs to Gain\nConsidering the important role played by the coronavirus vaccines in Moderna’s recent earnings results, the latest developments can be a positive for the stock. Notably, Moderna delivered 302 million doses of mRNA-1273, including 199 million doses in the second quarter, across the globe during the first half of 2021. The company expects to manufacture 800 million to 1 billion doses in 2021. It also projects to produce between 2 billion and 3 billion doses in 2022.\nInterestingly, Moderna reported revenues of $4.4 billion in the second quarter, up from $67 million in the year-ago quarter. The major increase in revenues was driven by sales of its coronavirus vaccine, which is now approved for temporary/emergency use in several countries. Moreover, grants from an agreement with Biomedical Advanced Research and Development Authority (“BARDA”) related to development of the COVID-19 vaccine drove revenues.\nTherefore, we discuss a few ETFs that provide exposure to Moderna:\nETFMG Treatments Testing and Advancements ETF GERM\nThis fund is designed to give direct exposure to biotech companies, directly engaged in the testing and treatment of infectious diseases. It holds 77 stocks in its basket, with Moderna occupying the top spot at 12.15% share. The fund has amassed $70.1 million in its asset base and charges 68 basis points (bps) in annual fees (read: Play COVID-Themed ETFs as US Labor Day Sees Rise in New Cases).\nVanEck Biotech ETF BBH\nThe underlying MVIS US Listed Biotech 25 Index tracks the overall performance of companies involved in the development and production, marketing and sales of drugs based on genetic analysis and diagnostic equipment. It holds about 24 securities in its basket, with 11.17% exposure to Moderna. Its AUM is $630.9 million and it has an expense ratio of 0.35% (read: Best ETF Areas for Placing Your Bets in September).\niShares Biotechnology ETF IBB\nThis fund seeks to track the investment results of an index composed of U.S.-listed equities in the biotechnology sector. It holds about 269 securities in its basket, with 11.14% exposure to Moderna. IBB has AUM of $11.44 billion, with an expense ratio of 0.45% (read: Pfizer Vaccine Approval Triggers a Surge in Biotech ETFs).\niShares Genomics Immunology and Healthcare ETF IDNA\nThe fund seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology, and bioengineering. It holds about 48 securities in its basket, with 7.79% exposure to Moderna. IDNA has AUM of $370 million, with an expense ratio of 0.47% (read: A Comprehensive Guide to Genomic ETFs).","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889570208,"gmtCreate":1631163239104,"gmtModify":1676530484476,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/889570208","repostId":"1152602866","repostType":4,"repost":{"id":"1152602866","kind":"news","pubTimestamp":1631153755,"share":"https://ttm.financial/m/news/1152602866?lang=&edition=fundamental","pubTime":"2021-09-09 10:15","market":"us","language":"en","title":"Wall Street Strategists Are Cautious About This Fall. Why They’re Worried.","url":"https://stock-news.laohu8.com/highlight/detail?id=1152602866","media":"Barrons","summary":"A pair of Wall Street strategists have just come out with cautious outlooks for stocks this fall. Th","content":"<p>A pair of Wall Street strategists have just come out with cautious&nbsp;outlooks for stocks&nbsp;this fall. They’re joining a growing chorus.</p>\n<p>The macro markets experts are as bullish as ever on the ongoing economic recovery, but much less so on equities.Federal Reserve tapering, political drama, and pricey valuations could all trip up the stock market this fall.</p>\n<p>Andrew Sheets, chief cross-asset strategist at&nbsp;Morgan Stanley,sees a&nbsp;“bumpy” next few months, and consequently has downgraded U.S. stocks to the equivalent of Sell. And Savita Subramanian, head of U.S. equity and quantitative strategy at BofA Securities, published a pair of S&amp;P 500 targets that imply near-term losses and an at-best flat market through the end of next year.</p>\n<p>“Investor sentiment and valuations are extended—a lot of optimism is already priced in—and our Long-Term Valuation Model indicates negative returns for the S&amp;P 500 over the next decade (-0.8% annualized returns) for the first time since the Tech Bubble,” she writes.</p>\n<p>Subramanian expects the S&amp;P 500 to fall to 4250 at the end of this year, down about 6% from current levels around 4500. She sees the index rebounding to 4600 by the end of 2022, which would be a gain of barely 2% from today.</p>\n<p>Subramanian’s measure of investor sentiment—a contrarian indicator—is signaling euphoria, right when she’s beginning to worry about profit margins and earnings growth. She points to supply-chain disruptions and inflation in wages and input costs as coming headwinds to profitability. Add to that: Interest rates are likely to be higher rather than lower in the coming year—weighing on valuation multiples—and there’s not much for Subramanian to like on the S&amp;P 500 index level.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8fde875fdd5b4e849b888c5d1316da5\" tg-width=\"515\" tg-height=\"591\" width=\"100%\" height=\"auto\"><span>Source:FactSet</span></p>\n<p>Sheets expects the Fed to announce its plans to begin reducing monthly asset purchases later this month, and for officials to also update their so-called “dot plot” of future interest-rate forecasts to show a faster-than-expected pace of hikes. Those should&nbsp;drive Treasury yields higher, Sheets argues, putting pressure on U.S. stocks.</p>\n<p>Congressional wrangling over traditional and “social” infrastructure bills—and potential higher corporate and personal taxes—will produce some negative headlines in the coming weeks. And economic and earnings growth rates have likely already peaked for the current cycle, Sheets writes.</p>\n<p>Going forward, there are two ways he sees things going: More fiscal stimulus, less Covid-19, and continued rapid U.S. economic growth would encourage the Fed to tighten policy, pushing yields higher and stocks lower. Alternatively, slowing growth would be a challenge to pricey stocks, and could prompt a “growth scare” selloff.</p>\n<p>Either way, the implication is for negative stock-market returns, and Sheets prefers European and Japanese equities to the S&amp;P 500. Morgan Stanley strategists have a mid-2022 S&amp;P 500 target of 4225, down about 6% from here.</p>\n<p>“This is a normal dilemma,” Sheets writes. “After the initial post-recession bounce, growth usually moderates. An improving economy usually brings more cost pressure and inflation as demand rises and labour markets tighten. It usually means central banks shift to tighten policy.”</p>\n<p>That’s not to say that an economic recession is on the horizon or that earnings will fall. It’s just a new phase in the cycle, and one in which the average stock doesn’t perform as well.</p>\n<p>Subramanian agrees: “This environment is bullish for interest rates, inflation, and companies geared to U.S. economic growth,” she writes. “We see several areas of the market as well-positioned despite our more cautious outlook on equities: buy inflation-protected yield, and U.S. small caps.”</p>\n<p>Small caps tend to do well when economic growth is strong, and Subramanian sees potential benefits from greater infrastructure spending by the government and capex investment from companies in the coming year. Plus, cheaper relative valuations than large caps make small caps less of a lift.</p>\n<p>The small-cap Russell 2000 index currently trades for about 29 times its estimated earnings over the next 12 months, versus its average of about 27.5 times over the past 25 years, according to data from Bloomberg. That compares with the S&amp;P 500 at more than 22 times forward earnings today and a long-term average around 17 times.</p>\n<p>Inflation-protected yield means dividend-growth stocks. “Bonds offer yield with no inflation protection, commodities offer inflation exposure but no yield,” Subramanian writes. “Stocks sit in the middle: earnings, unlike bond yields, are nominal and grow with inflation.”</p>\n<p>In particular, Subramanian likes dividend-growth stocks in sectors like energy, financials, and materials which stand to benefit from a growing economy and faster-than-average inflation.</p>\n<p>Those could include&nbsp;Bank of America(ticker: BAC),Citigroup(C),Newmont(NEM),EOG Resources(EOG), or&nbsp;Pioneer Natural Resources(PXD), according to a&nbsp;<i>Barron’s</i>&nbsp;screen for dividend-growth stocks in those industries.</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>Wall Street Strategists Are Cautious About This Fall. Why They’re Worried.</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\">\nWall Street Strategists Are Cautious About This Fall. Why They’re Worried.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/wall-street-strategists-are-cautious-about-this-fall-why-theyre-worried-51631131168?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A pair of Wall Street strategists have just come out with cautious outlooks for stocks this fall. They’re joining a growing chorus.\nThe macro markets experts are as bullish as ever on the ongoing ...</p>\n\n<a href=\"https://www.barrons.com/articles/wall-street-strategists-are-cautious-about-this-fall-why-theyre-worried-51631131168?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/wall-street-strategists-are-cautious-about-this-fall-why-theyre-worried-51631131168?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152602866","content_text":"A pair of Wall Street strategists have just come out with cautious outlooks for stocks this fall. They’re joining a growing chorus.\nThe macro markets experts are as bullish as ever on the ongoing economic recovery, but much less so on equities.Federal Reserve tapering, political drama, and pricey valuations could all trip up the stock market this fall.\nAndrew Sheets, chief cross-asset strategist at Morgan Stanley,sees a “bumpy” next few months, and consequently has downgraded U.S. stocks to the equivalent of Sell. And Savita Subramanian, head of U.S. equity and quantitative strategy at BofA Securities, published a pair of S&P 500 targets that imply near-term losses and an at-best flat market through the end of next year.\n“Investor sentiment and valuations are extended—a lot of optimism is already priced in—and our Long-Term Valuation Model indicates negative returns for the S&P 500 over the next decade (-0.8% annualized returns) for the first time since the Tech Bubble,” she writes.\nSubramanian expects the S&P 500 to fall to 4250 at the end of this year, down about 6% from current levels around 4500. She sees the index rebounding to 4600 by the end of 2022, which would be a gain of barely 2% from today.\nSubramanian’s measure of investor sentiment—a contrarian indicator—is signaling euphoria, right when she’s beginning to worry about profit margins and earnings growth. She points to supply-chain disruptions and inflation in wages and input costs as coming headwinds to profitability. Add to that: Interest rates are likely to be higher rather than lower in the coming year—weighing on valuation multiples—and there’s not much for Subramanian to like on the S&P 500 index level.\nSource:FactSet\nSheets expects the Fed to announce its plans to begin reducing monthly asset purchases later this month, and for officials to also update their so-called “dot plot” of future interest-rate forecasts to show a faster-than-expected pace of hikes. Those should drive Treasury yields higher, Sheets argues, putting pressure on U.S. stocks.\nCongressional wrangling over traditional and “social” infrastructure bills—and potential higher corporate and personal taxes—will produce some negative headlines in the coming weeks. And economic and earnings growth rates have likely already peaked for the current cycle, Sheets writes.\nGoing forward, there are two ways he sees things going: More fiscal stimulus, less Covid-19, and continued rapid U.S. economic growth would encourage the Fed to tighten policy, pushing yields higher and stocks lower. Alternatively, slowing growth would be a challenge to pricey stocks, and could prompt a “growth scare” selloff.\nEither way, the implication is for negative stock-market returns, and Sheets prefers European and Japanese equities to the S&P 500. Morgan Stanley strategists have a mid-2022 S&P 500 target of 4225, down about 6% from here.\n“This is a normal dilemma,” Sheets writes. “After the initial post-recession bounce, growth usually moderates. An improving economy usually brings more cost pressure and inflation as demand rises and labour markets tighten. It usually means central banks shift to tighten policy.”\nThat’s not to say that an economic recession is on the horizon or that earnings will fall. It’s just a new phase in the cycle, and one in which the average stock doesn’t perform as well.\nSubramanian agrees: “This environment is bullish for interest rates, inflation, and companies geared to U.S. economic growth,” she writes. “We see several areas of the market as well-positioned despite our more cautious outlook on equities: buy inflation-protected yield, and U.S. small caps.”\nSmall caps tend to do well when economic growth is strong, and Subramanian sees potential benefits from greater infrastructure spending by the government and capex investment from companies in the coming year. Plus, cheaper relative valuations than large caps make small caps less of a lift.\nThe small-cap Russell 2000 index currently trades for about 29 times its estimated earnings over the next 12 months, versus its average of about 27.5 times over the past 25 years, according to data from Bloomberg. That compares with the S&P 500 at more than 22 times forward earnings today and a long-term average around 17 times.\nInflation-protected yield means dividend-growth stocks. “Bonds offer yield with no inflation protection, commodities offer inflation exposure but no yield,” Subramanian writes. “Stocks sit in the middle: earnings, unlike bond yields, are nominal and grow with inflation.”\nIn particular, Subramanian likes dividend-growth stocks in sectors like energy, financials, and materials which stand to benefit from a growing economy and faster-than-average inflation.\nThose could include Bank of America(ticker: BAC),Citigroup(C),Newmont(NEM),EOG Resources(EOG), or Pioneer Natural Resources(PXD), according to a Barron’s screen for dividend-growth stocks in those industries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817616811,"gmtCreate":1630939900933,"gmtModify":1676530425371,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/817616811","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818023749,"gmtCreate":1630367022481,"gmtModify":1676530280413,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/818023749","repostId":"1110468761","repostType":4,"repost":{"id":"1110468761","kind":"news","pubTimestamp":1630366510,"share":"https://ttm.financial/m/news/1110468761?lang=&edition=fundamental","pubTime":"2021-08-31 07:35","market":"us","language":"en","title":"Apple shares reach all-time high on busy day for tech titan","url":"https://stock-news.laohu8.com/highlight/detail?id=1110468761","media":"seekingalpha","summary":"Apple shares put in an all-time high close Monday on what was a day of multiple goings-on for the ub","content":"<p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>&nbsp;shares put in an all-time high close Monday on what was a day of multiple goings-on for the ubiquitous technology giant.</p>\n<p>By the time the closing bell rang, Apple (AAPL) had risen 3%, to finish at $153.12 a share. When adjusted for stock splits, it was the highest point the company's shares had ever finished a stock trading session, and just a hair shy of Monday's historical all-time intraday high of $153.49. The company's shares have risen 4.3% sinceit reported fiscal third-quarter results on July 27.</p>\n<p>There was something about Apple (AAPL) for pretty much everyone on Monday. So much so that 90.2 million Apple (AAPL) shares traded hands Monday, up from the average of 76.3 million shares a day.</p>\n<p>Among the Apple happenings were:</p>\n<p>The company lined upScarlett Johansson and Chris <a href=\"https://laohu8.com/S/EVBN\">Evans</a>, in a reunion of sorts&nbsp;for the 'Avengers' actors, to star in an upcoming Apple TV+ exclusive movie currently called 'Ghosted'.</p>\n<p>Apple TV+ also said its scored former'Daily Show' host Jon Stewart to host a new current affairs program&nbsp;called 'The Problem With Jon Stewart' that will debut on Sept. 30.</p>\n<p>A new forecast from tech research firmIDC estimated that iPhone shipments will rise 14% this year&nbsp;and exceed the growth of Android (GOOG, GOOGL) smartphones.</p>\n<p>The company also reached a deal to expand its Apple Music offerings&nbsp;with the acquisition of classical music app Primephonic.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple shares reach all-time high on busy day for tech titan</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple shares reach all-time high on busy day for tech titan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3735416-apple-shares-reach-all-time-high-on-busy-day-for-tech-titan><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple shares put in an all-time high close Monday on what was a day of multiple goings-on for the ubiquitous technology giant.\nBy the time the closing bell rang, Apple (AAPL) had risen 3%, to finish ...</p>\n\n<a href=\"https://seekingalpha.com/news/3735416-apple-shares-reach-all-time-high-on-busy-day-for-tech-titan\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/news/3735416-apple-shares-reach-all-time-high-on-busy-day-for-tech-titan","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110468761","content_text":"Apple shares put in an all-time high close Monday on what was a day of multiple goings-on for the ubiquitous technology giant.\nBy the time the closing bell rang, Apple (AAPL) had risen 3%, to finish at $153.12 a share. When adjusted for stock splits, it was the highest point the company's shares had ever finished a stock trading session, and just a hair shy of Monday's historical all-time intraday high of $153.49. The company's shares have risen 4.3% sinceit reported fiscal third-quarter results on July 27.\nThere was something about Apple (AAPL) for pretty much everyone on Monday. So much so that 90.2 million Apple (AAPL) shares traded hands Monday, up from the average of 76.3 million shares a day.\nAmong the Apple happenings were:\nThe company lined upScarlett Johansson and Chris Evans, in a reunion of sorts for the 'Avengers' actors, to star in an upcoming Apple TV+ exclusive movie currently called 'Ghosted'.\nApple TV+ also said its scored former'Daily Show' host Jon Stewart to host a new current affairs program called 'The Problem With Jon Stewart' that will debut on Sept. 30.\nA new forecast from tech research firmIDC estimated that iPhone shipments will rise 14% this year and exceed the growth of Android (GOOG, GOOGL) smartphones.\nThe company also reached a deal to expand its Apple Music offerings with the acquisition of classical music app Primephonic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120100967,"gmtCreate":1624311455659,"gmtModify":1703832975767,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/120100967","repostId":"2145084835","repostType":4,"repost":{"id":"2145084835","kind":"highlight","pubTimestamp":1624280460,"share":"https://ttm.financial/m/news/2145084835?lang=&edition=fundamental","pubTime":"2021-06-21 21:01","market":"us","language":"en","title":"5 Ultra-Popular Stocks Wall Street Views as Overvalued","url":"https://stock-news.laohu8.com/highlight/detail?id=2145084835","media":"Motley Fool","summary":"If analysts are correct, these high-flying stocks will fizzle out over the next year.","content":"<p>Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the average annual total return for the benchmark <b>S&amp;P 500</b> since 1980, including dividends, is north of 11%.</p>\n<p>Not surprisingly, we see this optimism readily apparent in Wall Street's ratings on stocks. According to <b>FactSet</b>, more than half of all stocks carry a consensus buy rating, 38% have the equivalent of a hold rating, and just 7% are rated as sells. Yet, history shows that far more than 7% of stocks will eventually head lower.</p>\n<p>Based on Wall Street's consensus price targets, the following five ultra-popular stocks are all expected to lose value over the coming 12 months.</p>\n<p><img src=\"https://static.tigerbbs.com/b04ade705354c4825038c4dfcd0187d9\" tg-width=\"700\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Palantir Technologies: Implied downside of 12%</h3>\n<p>Since its direct listing in late September 2020, data-mining company <b>Palantir Technologies</b> (NYSE:PLTR) has been a favorite among growth and retail investors. But if Wall Street's <a href=\"https://laohu8.com/S/AONE\">one</a>-year consensus price target proves accurate, Palantir will head in reverse by up to 12%.</p>\n<p>The likeliest reason Wall Street is tempering expectations on Palantir is valuation. Specifically, Palantir ended June 17 with a market cap of nearly $48 billion, but is on track to bring in perhaps $1.5 billion in full-year sales in 2021. That's a multiple of about 32 times sales. Even if Palantir continues to grow its top-line at 30% annually, it could take years for this price-to-sales multiple to come down to anywhere close to the average for cloud stocks.</p>\n<p>Another possible concern is the growth potential for its government-focused Gotham platform. Big government contract wins in the U.S. have been primarily responsible for Palantir's exceptional growth rate. However, there remains an outside chance that President Joe Biden may curb funding to some of the federal agencies that employ Palantir's services.</p>\n<p>Over the long run, I'm optimistic and believe Palantir's platform is unlike anything else available. But tempering near-term expectations given its valuation premium may be warranted.</p>\n<p><img src=\"https://static.tigerbbs.com/a38605bee8e62f3e8aa414fa24278e7e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Moderna: Implied downside of 11%</h3>\n<p>Biotech stock <b>Moderna</b> (NASDAQ:MRNA) is arguably the biggest beneficiary of the coronavirus disease 2019 (COVID-19) pandemic. It's <a href=\"https://laohu8.com/S/AONE.U\">one</a> of only three drugmakers to currently have their COVID-19 vaccine approved on an emergency-use authorization (EUA) basis in the United States. But if Wall Street's consensus 12-month price target is correct, it's stock is also on its way to a double-digit decline.</p>\n<p>Why the lack of love from Wall Street? The answer looks to be analysts looking to the future. While Moderna's COVID-19 vaccine is a mainstay in the U.S., and it's likely to play a clear role in other markets, time might prove the company's enemy. Over time, new vaccines are expected to come onto the scene, which'll eat away at Moderna's potential pool of patients.</p>\n<p>The other worry is that no one is exactly certain how long COVID-19 vaccine immunity will last. If it's a year, Moderna is unlikely to be the only drugmaker supplying booster shots. Meanwhile, if it's longer than a year, it means reduced sales opportunities for the company.</p>\n<p>Based solely on Wall Street's earnings per share consensus in 2021 and 2022, Moderna appears reasonably priced. But with the company staring down a potentially significant haircut in revenue next year as new drugmakers enter the space, caution is advised.</p>\n<p><img src=\"https://static.tigerbbs.com/07841e6a8173146a0fbfddf95a0f1ccb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>GameStop: Implied downside of 71%</h3>\n<p>This will probably come as a shock to no one, but Reddit favorite <b>GameStop</b> (NYSE:GME) is fully expected to fall flat on its face. Even though Wall Street's consensus price target for the company has quintupled in recent months, it <i>still</i> implies up to 71% downside over the next year.</p>\n<p>The biggest issue for GameStop is that its valuation has completely detached from its underlying fundamentals. While it's not uncommon for stocks to trade on emotion for short periods of time, operating performance is what always dictates the long-term movement in the share price of a stock. When it comes to operating performance, GameStop has been a dud.</p>\n<p>Although the company's first-quarter fiscal results highlighted a 25% net sales increase from the prior-year period, total sales for the company have been falling precipitously for years. That's because video game retailer GameStop recognized the shift to digital gaming too late, and it's now stuck with its massive portfolio of brick-and-mortar gaming stores. Even though e-commerce sales have been a bright spot for the company, slashing costs and closing stores remains its No. 1 priority.</p>\n<p>With sufficient cash, bankruptcy isn't a concern for GameStop. But without any true top-line growth and the company still losing money, it's an impossible sell at its current price tag.</p>\n<p><img src=\"https://static.tigerbbs.com/c7ff785aa0040a5565d474390f58b47a\" tg-width=\"700\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Ocugen: Implied downside of 18%</h3>\n<p>Volatile clinical-stage biotech stock <b>Ocugen</b> (NASDAQ:OCGN) may also be in for an unpleasant next 12 months. The company behind an experimental COVID-19 vaccine (Covaxin) and a trio of internally developed eye-blindness candidates is expected to shed 18% of its value, if Wall Street's consensus price target is correct.</p>\n<p>Arguably the biggest issue for Ocugen is the clinical update the company issued on June 10 concerning Covaxin. Even though partner Bharat Biotech led a large clinical study in India that yielded an overall efficacy of 78%, along with 100% efficacy in preventing severe forms of COVID-19, Ocugen announced on June 10 that it would forgo seeking an EUA in the U.S. and would instead file for a biologics license application. In other words, Ocugen's path to a quick emergency approval in the U.S. just flew out the window.</p>\n<p>What's more, the U.S. Food and Drug Administration's requested additional information and data on Covaxin. This is a fancy of saying that Ocugen will very likely have to run a clinical study in the U.S. prior to submitting Covaxin for approval. That means added costs and an even longer wait before Ocugen has a chance to penetrate the lucrative U.S. market.</p>\n<p>Though it's impossible to predict how long COVID-19 vaccine immunity will last, Ocugen's chances of being a significant player in the U.S. COVID-19 vaccine space are dwindling.</p>\n<p><img src=\"https://static.tigerbbs.com/91f6037829ea3fb0ae1cae0b95d8d11e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>NVIDIA: Implied downside of 3%</h3>\n<p>Don't adjust your computer, laptop, or smartphone screens -- that really says <b>NVIDIA</b> (NASDAQ:NVDA). Following its incredible run higher (NVIDIA has doubled over the past year), graphics processing unit giant NVIDIA closed 3% above Wall Street's consensus price target, as of June 17.</p>\n<p>One reason for tempered expectations at this point has to be valuation. Even with NVIDIA crushing expectations and seeing strong PC gaming demand, sales growth is expected to slow from an estimated 49% in fiscal 2022 to a high single digit percentage in each of the next two fiscal years. In fact, the company closed at nearly 20 times projected sales for the current fiscal year. That's a bit optimistic given an expected sales growth slowdown.</p>\n<p>Perhaps the other reason Wall Street expects NVIDIA to go sideways is the company's cryptocurrency mining chip segment. While sales of crypto chips could hit $400 million in the current quarter, demand is entirely dependent on the hype surrounding digital currencies and the favorability of technical charts. Crypto is just as well known for its long bear markets as it is for the big gains it's delivered over the past decade. If another lull strikes, a fast-growing ancillary segment for NVIDA could easily become a drag.</p>\n<p>For what it's worth, I see no fundamental reasons to sell NVIDIA if you're already a long-term shareholder. But if you're on the outside looking in, I don't exactly see $746 as an attractive entry point, either.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Ultra-Popular Stocks Wall Street Views as Overvalued</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Ultra-Popular Stocks Wall Street Views as Overvalued\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen","PLTR":"Palantir Technologies Inc.","MRNA":"Moderna, Inc.","NVDA":"英伟达","GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145084835","content_text":"Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the average annual total return for the benchmark S&P 500 since 1980, including dividends, is north of 11%.\nNot surprisingly, we see this optimism readily apparent in Wall Street's ratings on stocks. According to FactSet, more than half of all stocks carry a consensus buy rating, 38% have the equivalent of a hold rating, and just 7% are rated as sells. Yet, history shows that far more than 7% of stocks will eventually head lower.\nBased on Wall Street's consensus price targets, the following five ultra-popular stocks are all expected to lose value over the coming 12 months.\n\nImage source: Getty Images.\nPalantir Technologies: Implied downside of 12%\nSince its direct listing in late September 2020, data-mining company Palantir Technologies (NYSE:PLTR) has been a favorite among growth and retail investors. But if Wall Street's one-year consensus price target proves accurate, Palantir will head in reverse by up to 12%.\nThe likeliest reason Wall Street is tempering expectations on Palantir is valuation. Specifically, Palantir ended June 17 with a market cap of nearly $48 billion, but is on track to bring in perhaps $1.5 billion in full-year sales in 2021. That's a multiple of about 32 times sales. Even if Palantir continues to grow its top-line at 30% annually, it could take years for this price-to-sales multiple to come down to anywhere close to the average for cloud stocks.\nAnother possible concern is the growth potential for its government-focused Gotham platform. Big government contract wins in the U.S. have been primarily responsible for Palantir's exceptional growth rate. However, there remains an outside chance that President Joe Biden may curb funding to some of the federal agencies that employ Palantir's services.\nOver the long run, I'm optimistic and believe Palantir's platform is unlike anything else available. But tempering near-term expectations given its valuation premium may be warranted.\n\nImage source: Getty Images.\nModerna: Implied downside of 11%\nBiotech stock Moderna (NASDAQ:MRNA) is arguably the biggest beneficiary of the coronavirus disease 2019 (COVID-19) pandemic. It's one of only three drugmakers to currently have their COVID-19 vaccine approved on an emergency-use authorization (EUA) basis in the United States. But if Wall Street's consensus 12-month price target is correct, it's stock is also on its way to a double-digit decline.\nWhy the lack of love from Wall Street? The answer looks to be analysts looking to the future. While Moderna's COVID-19 vaccine is a mainstay in the U.S., and it's likely to play a clear role in other markets, time might prove the company's enemy. Over time, new vaccines are expected to come onto the scene, which'll eat away at Moderna's potential pool of patients.\nThe other worry is that no one is exactly certain how long COVID-19 vaccine immunity will last. If it's a year, Moderna is unlikely to be the only drugmaker supplying booster shots. Meanwhile, if it's longer than a year, it means reduced sales opportunities for the company.\nBased solely on Wall Street's earnings per share consensus in 2021 and 2022, Moderna appears reasonably priced. But with the company staring down a potentially significant haircut in revenue next year as new drugmakers enter the space, caution is advised.\n\nImage source: Getty Images.\nGameStop: Implied downside of 71%\nThis will probably come as a shock to no one, but Reddit favorite GameStop (NYSE:GME) is fully expected to fall flat on its face. Even though Wall Street's consensus price target for the company has quintupled in recent months, it still implies up to 71% downside over the next year.\nThe biggest issue for GameStop is that its valuation has completely detached from its underlying fundamentals. While it's not uncommon for stocks to trade on emotion for short periods of time, operating performance is what always dictates the long-term movement in the share price of a stock. When it comes to operating performance, GameStop has been a dud.\nAlthough the company's first-quarter fiscal results highlighted a 25% net sales increase from the prior-year period, total sales for the company have been falling precipitously for years. That's because video game retailer GameStop recognized the shift to digital gaming too late, and it's now stuck with its massive portfolio of brick-and-mortar gaming stores. Even though e-commerce sales have been a bright spot for the company, slashing costs and closing stores remains its No. 1 priority.\nWith sufficient cash, bankruptcy isn't a concern for GameStop. But without any true top-line growth and the company still losing money, it's an impossible sell at its current price tag.\n\nImage source: Getty Images.\nOcugen: Implied downside of 18%\nVolatile clinical-stage biotech stock Ocugen (NASDAQ:OCGN) may also be in for an unpleasant next 12 months. The company behind an experimental COVID-19 vaccine (Covaxin) and a trio of internally developed eye-blindness candidates is expected to shed 18% of its value, if Wall Street's consensus price target is correct.\nArguably the biggest issue for Ocugen is the clinical update the company issued on June 10 concerning Covaxin. Even though partner Bharat Biotech led a large clinical study in India that yielded an overall efficacy of 78%, along with 100% efficacy in preventing severe forms of COVID-19, Ocugen announced on June 10 that it would forgo seeking an EUA in the U.S. and would instead file for a biologics license application. In other words, Ocugen's path to a quick emergency approval in the U.S. just flew out the window.\nWhat's more, the U.S. Food and Drug Administration's requested additional information and data on Covaxin. This is a fancy of saying that Ocugen will very likely have to run a clinical study in the U.S. prior to submitting Covaxin for approval. That means added costs and an even longer wait before Ocugen has a chance to penetrate the lucrative U.S. market.\nThough it's impossible to predict how long COVID-19 vaccine immunity will last, Ocugen's chances of being a significant player in the U.S. COVID-19 vaccine space are dwindling.\n\nImage source: Getty Images.\nNVIDIA: Implied downside of 3%\nDon't adjust your computer, laptop, or smartphone screens -- that really says NVIDIA (NASDAQ:NVDA). Following its incredible run higher (NVIDIA has doubled over the past year), graphics processing unit giant NVIDIA closed 3% above Wall Street's consensus price target, as of June 17.\nOne reason for tempered expectations at this point has to be valuation. Even with NVIDIA crushing expectations and seeing strong PC gaming demand, sales growth is expected to slow from an estimated 49% in fiscal 2022 to a high single digit percentage in each of the next two fiscal years. In fact, the company closed at nearly 20 times projected sales for the current fiscal year. That's a bit optimistic given an expected sales growth slowdown.\nPerhaps the other reason Wall Street expects NVIDIA to go sideways is the company's cryptocurrency mining chip segment. While sales of crypto chips could hit $400 million in the current quarter, demand is entirely dependent on the hype surrounding digital currencies and the favorability of technical charts. Crypto is just as well known for its long bear markets as it is for the big gains it's delivered over the past decade. If another lull strikes, a fast-growing ancillary segment for NVIDA could easily become a drag.\nFor what it's worth, I see no fundamental reasons to sell NVIDIA if you're already a long-term shareholder. But if you're on the outside looking in, I don't exactly see $746 as an attractive entry point, either.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880232475,"gmtCreate":1631059286897,"gmtModify":1676530454019,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/880232475","repostId":"2165350503","repostType":4,"repost":{"id":"2165350503","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":1631055124,"share":"https://ttm.financial/m/news/2165350503?lang=&edition=fundamental","pubTime":"2021-09-08 06:52","market":"us","language":"en","title":"S&P 500 ends down, Big Tech lifts Nasdaq to record","url":"https://stock-news.laohu8.com/highlight/detail?id=2165350503","media":"Reuters","summary":"* Indexes end: S&P 500 -0.34%, Nasdaq +0.07%, Dow -0.76%. The S&P 500 closed lower on Tuesday while the Nasdaq edged up to a record high, as investors balanced worries about the slowing pace of economic recovery with expectations that the Federal Reserve will maintain its accommodative monetary policy.Amgen Inc fell 2.2% and Merck & Co lost 1.7% after $Morgan Stanley$ cut its rating on the stocks to \"equal-weight\" from \"overweight.\". The Nasdaq was supported by Big Tech stocks that have fueled W","content":"<p>* Drugmakers Amgen, Merck dip after rating cuts</p>\n<p>* Apple and Netflix hit record highs</p>\n<p>* Boeing drops after Ryanair ends jet order talks</p>\n<p>* Indexes end: S&amp;P 500 -0.34%, Nasdaq +0.07%, Dow -0.76%</p>\n<p>The S&amp;P 500 closed lower on Tuesday while the Nasdaq edged up to a record high, as investors balanced worries about the slowing pace of economic recovery with expectations that the Federal Reserve will maintain its accommodative monetary policy.</p>\n<p>Amgen Inc fell 2.2% and Merck &amp; Co lost 1.7% after <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> cut its rating on the stocks to \"equal-weight\" from \"overweight.\"</p>\n<p>The Nasdaq was supported by Big Tech stocks that have fueled Wall Street's gains in recent years. Apple rose 1.6% and Netflix added 2.7%, both hitting record highs.</p>\n<p>\"You could call it a gravitation toward Big Tech. As people feel a bit uncertain about how COVID will play out, you don’t have your reopening worries with those companies,\" said Tom Martin, senior portfolio manager at Globalt Investments in Atlanta.</p>\n<p>Much of the rest of Wall Street fell. Eight of the eleven sub-indexes traded lower, with economy-sensitive sectors like industrials down 1.8% and utilities dipping 1.4%. The real estate index lost 1.1%.</p>\n<p>Tepid August payrolls data on Friday last week raised concerns that the economic recovery was slowing down.</p>\n<p>On Tuesday, Morgan Stanley cut its rating on U.S. stocks to underweight, pointing to risks related to economic growth, policy and legislation, and warning it expects the next two months to be \"bumpy.\"</p>\n<p>Accommodative central bank policies and reopening optimism have pushed the S&amp;P 500 and Nasdaq to record highs over the past few weeks, but concerns are growing about rising coronavirus infections due to the Delta variant and its impact on the economic recovery.</p>\n<p>Analysts on average expect S&amp;P 500 companies to increase their earnings per share by 30% in the September quarter, following a 96% surge in the second quarter, according to I/B/E/S data from Refinitiv.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 0.76% to end at 35,100 points, while the S&amp;P 500 lost 0.34% to 4,520.03.</p>\n<p>The Nasdaq Composite climbed 0.07% to 15,374.33.</p>\n<p>The S&amp;P 500 remains up about 20% year to date, and the Nasdaq is up about 19%.</p>\n<p>Boeing Co dropped 1.8% after Ireland's Ryanair&nbsp;said it had ended talks with the planemaker over a purchase of 737 MAX 10 jets worth tens of billions of dollars due to differences over price.</p>\n<p>Match Group Inc jumped over 7% after the S&amp;P Dow Jones Indices said on Friday the Tinder parent will join the benchmark index.</p>\n<p><a href=\"https://laohu8.com/S/CXP\">Columbia Property Trust Inc</a> surged 15% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</p>\n<p>Volume on U.S. exchanges was 9.2 billion shares, compared with the 9.0 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.27-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 120 new highs and 24 new lows.</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>S&P 500 ends down, Big Tech lifts Nasdaq to record</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\">\nS&P 500 ends down, Big Tech lifts Nasdaq to record\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\">2021-09-08 06:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Drugmakers Amgen, Merck dip after rating cuts</p>\n<p>* Apple and Netflix hit record highs</p>\n<p>* Boeing drops after Ryanair ends jet order talks</p>\n<p>* Indexes end: S&amp;P 500 -0.34%, Nasdaq +0.07%, Dow -0.76%</p>\n<p>The S&amp;P 500 closed lower on Tuesday while the Nasdaq edged up to a record high, as investors balanced worries about the slowing pace of economic recovery with expectations that the Federal Reserve will maintain its accommodative monetary policy.</p>\n<p>Amgen Inc fell 2.2% and Merck &amp; Co lost 1.7% after <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> cut its rating on the stocks to \"equal-weight\" from \"overweight.\"</p>\n<p>The Nasdaq was supported by Big Tech stocks that have fueled Wall Street's gains in recent years. Apple rose 1.6% and Netflix added 2.7%, both hitting record highs.</p>\n<p>\"You could call it a gravitation toward Big Tech. As people feel a bit uncertain about how COVID will play out, you don’t have your reopening worries with those companies,\" said Tom Martin, senior portfolio manager at Globalt Investments in Atlanta.</p>\n<p>Much of the rest of Wall Street fell. Eight of the eleven sub-indexes traded lower, with economy-sensitive sectors like industrials down 1.8% and utilities dipping 1.4%. The real estate index lost 1.1%.</p>\n<p>Tepid August payrolls data on Friday last week raised concerns that the economic recovery was slowing down.</p>\n<p>On Tuesday, Morgan Stanley cut its rating on U.S. stocks to underweight, pointing to risks related to economic growth, policy and legislation, and warning it expects the next two months to be \"bumpy.\"</p>\n<p>Accommodative central bank policies and reopening optimism have pushed the S&amp;P 500 and Nasdaq to record highs over the past few weeks, but concerns are growing about rising coronavirus infections due to the Delta variant and its impact on the economic recovery.</p>\n<p>Analysts on average expect S&amp;P 500 companies to increase their earnings per share by 30% in the September quarter, following a 96% surge in the second quarter, according to I/B/E/S data from Refinitiv.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 0.76% to end at 35,100 points, while the S&amp;P 500 lost 0.34% to 4,520.03.</p>\n<p>The Nasdaq Composite climbed 0.07% to 15,374.33.</p>\n<p>The S&amp;P 500 remains up about 20% year to date, and the Nasdaq is up about 19%.</p>\n<p>Boeing Co dropped 1.8% after Ireland's Ryanair&nbsp;said it had ended talks with the planemaker over a purchase of 737 MAX 10 jets worth tens of billions of dollars due to differences over price.</p>\n<p>Match Group Inc jumped over 7% after the S&amp;P Dow Jones Indices said on Friday the Tinder parent will join the benchmark index.</p>\n<p><a href=\"https://laohu8.com/S/CXP\">Columbia Property Trust Inc</a> surged 15% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</p>\n<p>Volume on U.S. exchanges was 9.2 billion shares, compared with the 9.0 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.27-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 120 new highs and 24 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","CXP":"Columbia Property Trust Inc","MTCH":"Match Group, Inc.","SH":"标普500反向ETF","SDS":"两倍做空标普500ETF","MRK":"默沙东","UPRO":"三倍做多标普500ETF","NFLX":"奈飞","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","AMGN":"安进","AAPL":"苹果",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","BA":"波音","IVV":"标普500指数ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165350503","content_text":"* Drugmakers Amgen, Merck dip after rating cuts\n* Apple and Netflix hit record highs\n* Boeing drops after Ryanair ends jet order talks\n* Indexes end: S&P 500 -0.34%, Nasdaq +0.07%, Dow -0.76%\nThe S&P 500 closed lower on Tuesday while the Nasdaq edged up to a record high, as investors balanced worries about the slowing pace of economic recovery with expectations that the Federal Reserve will maintain its accommodative monetary policy.\nAmgen Inc fell 2.2% and Merck & Co lost 1.7% after Morgan Stanley cut its rating on the stocks to \"equal-weight\" from \"overweight.\"\nThe Nasdaq was supported by Big Tech stocks that have fueled Wall Street's gains in recent years. Apple rose 1.6% and Netflix added 2.7%, both hitting record highs.\n\"You could call it a gravitation toward Big Tech. As people feel a bit uncertain about how COVID will play out, you don’t have your reopening worries with those companies,\" said Tom Martin, senior portfolio manager at Globalt Investments in Atlanta.\nMuch of the rest of Wall Street fell. Eight of the eleven sub-indexes traded lower, with economy-sensitive sectors like industrials down 1.8% and utilities dipping 1.4%. The real estate index lost 1.1%.\nTepid August payrolls data on Friday last week raised concerns that the economic recovery was slowing down.\nOn Tuesday, Morgan Stanley cut its rating on U.S. stocks to underweight, pointing to risks related to economic growth, policy and legislation, and warning it expects the next two months to be \"bumpy.\"\nAccommodative central bank policies and reopening optimism have pushed the S&P 500 and Nasdaq to record highs over the past few weeks, but concerns are growing about rising coronavirus infections due to the Delta variant and its impact on the economic recovery.\nAnalysts on average expect S&P 500 companies to increase their earnings per share by 30% in the September quarter, following a 96% surge in the second quarter, according to I/B/E/S data from Refinitiv.\nUnofficially, the Dow Jones Industrial Average fell 0.76% to end at 35,100 points, while the S&P 500 lost 0.34% to 4,520.03.\nThe Nasdaq Composite climbed 0.07% to 15,374.33.\nThe S&P 500 remains up about 20% year to date, and the Nasdaq is up about 19%.\nBoeing Co dropped 1.8% after Ireland's Ryanair said it had ended talks with the planemaker over a purchase of 737 MAX 10 jets worth tens of billions of dollars due to differences over price.\nMatch Group Inc jumped over 7% after the S&P Dow Jones Indices said on Friday the Tinder parent will join the benchmark index.\nColumbia Property Trust Inc surged 15% after Pacific Investment Management Company said it would buy the company for $2.2 billion.\nVolume on U.S. exchanges was 9.2 billion shares, compared with the 9.0 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.27-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored decliners.\nThe S&P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 120 new highs and 24 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886236913,"gmtCreate":1631592954632,"gmtModify":1676530584820,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/886236913","repostId":"1122795745","repostType":4,"repost":{"id":"1122795745","kind":"news","pubTimestamp":1631587290,"share":"https://ttm.financial/m/news/1122795745?lang=&edition=fundamental","pubTime":"2021-09-14 10:41","market":"us","language":"en","title":"Square added as new top long idea by Hedgeye","url":"https://stock-news.laohu8.com/highlight/detail?id=1122795745","media":"seekingalpha","summary":"Hedgeye analyst Josh Steiner adds Square (SQ-0.6%) as a new top long idea, as the payment tech compa","content":"<ul>\n <li>Hedgeye analyst Josh Steiner adds Square (SQ-0.6%) as a new top long idea, as the payment tech company innovates through its seller and consumer ecosystems and benefits from the digitization of payments and from government transfer payments to households.</li>\n <li>\"We are bullish on the stock's short-, medium-, and long-term potential based on an easing comp setup, a business model tailor-made for the current macro environment, and the immensely disruptive potential of the financial services space in combination with company's proven track record of innovation and execution versus its peers and the broader industry,\" Steiner writes.</li>\n <li>Hedgeye will host a call on Square(NYSE:SQ)on Friday, Sept. 17 and will discuss Square's Afterpay deal, opportunities and crypto, and square's rise in open-loop network \"supremacy.\"</li>\n <li>In the past year, Square's (SQ) total return of 76% outpaces that of rival PYPL (+50%) and the S&amp;P 500 (+36%) asseen in chart below.</li>\n <li>Earlier today,Square links up Seller, Cash App ecosystems for contactless payments.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square added as new top long idea by Hedgeye</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\">\nSquare added as new top long idea by Hedgeye\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 10:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3739258-square-added-as-new-top-long-idea-by-hedgeye><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedgeye analyst Josh Steiner adds Square (SQ-0.6%) as a new top long idea, as the payment tech company innovates through its seller and consumer ecosystems and benefits from the digitization of ...</p>\n\n<a href=\"https://seekingalpha.com/news/3739258-square-added-as-new-top-long-idea-by-hedgeye\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://seekingalpha.com/news/3739258-square-added-as-new-top-long-idea-by-hedgeye","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1122795745","content_text":"Hedgeye analyst Josh Steiner adds Square (SQ-0.6%) as a new top long idea, as the payment tech company innovates through its seller and consumer ecosystems and benefits from the digitization of payments and from government transfer payments to households.\n\"We are bullish on the stock's short-, medium-, and long-term potential based on an easing comp setup, a business model tailor-made for the current macro environment, and the immensely disruptive potential of the financial services space in combination with company's proven track record of innovation and execution versus its peers and the broader industry,\" Steiner writes.\nHedgeye will host a call on Square(NYSE:SQ)on Friday, Sept. 17 and will discuss Square's Afterpay deal, opportunities and crypto, and square's rise in open-loop network \"supremacy.\"\nIn the past year, Square's (SQ) total return of 76% outpaces that of rival PYPL (+50%) and the S&P 500 (+36%) asseen in chart below.\nEarlier today,Square links up Seller, Cash App ecosystems for contactless payments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881775376,"gmtCreate":1631410448995,"gmtModify":1676530542150,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Can","listText":"Can","text":"Can","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/881775376","repostId":"2166772293","repostType":4,"repost":{"id":"2166772293","kind":"highlight","pubTimestamp":1631410204,"share":"https://ttm.financial/m/news/2166772293?lang=&edition=fundamental","pubTime":"2021-09-12 09:30","market":"us","language":"en","title":"Can Coinbase Stock Turbocharge Your Portfolio?","url":"https://stock-news.laohu8.com/highlight/detail?id=2166772293","media":"Motley Fool","summary":"It would be a mistake to blindly dismiss the opportunity this cryptocurrency stock offers.","content":"<p>During its brief history as a publicly-traded company, cryptocurrency exchange <b>Coinbase Global</b> (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the company would report earnings of $2.33 per share in the second quarter of 2021. Coinbase actually delivered earnings of $6.42, outperforming estimates by 176%.</p>\n<p>But according to TipRanks, analysts are extremely divided on Coinbase stock, which trades at about $260 per share as of this writing. Price targets are as high as $500 and as low as $220. Clearly, Wall Street doesn't know what to make of this company.</p>\n<p>Sometimes, confusion like this presents an opportunity for those who can see through it. It's unclear whether this applies to Coinbase stock, but there does appear to be underappreciated upside here.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed9498a97a55f6908c77143577ad55d2\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Coinbase Global.</span></p>\n<h2>Growing the core business</h2>\n<p>Coinbase has two primary sets of customers: institutional investors like hedge funds and retail investors like you and me. The company generated 88% of its total revenue in the second quarter by charging fees for trades. But even though institutional investors have far more assets on the platform and trade more often, 95% of this transactional revenue came from retail investors.</p>\n<p>Coinbase needs to better monetize institutional investors, but for now, let's accept the business model for what it is. Based on the numbers we've seen, it must grow its retail investor user base to grow its core business, and it has a couple of ways to do this.</p>\n<p>First, Coinbase can grow the list of cryptocurrencies that it supports. For those unaware, there are <i>thousands</i> of cryptocurrencies, and each <a href=\"https://laohu8.com/S/AONE.U\">one</a> requires particular support infrastructure. You can't just throw them up on the platform.</p>\n<p>To the company's credit, it added 22 new crypto-assets in the second quarter alone, a quarterly record. And perhaps this is part of the reason it has seen strong user growth. It had 8.8 million monthly transacting users in the second quarter, versus just 1.5 million in the same quarter last year.</p>\n<p>Second, Coinbase can launch internationally. Right now the company is working on entering Germany and Japan. It's a challenge, because every country has its own regulations regarding cryptocurrencies. However, with such a small user base, Coinbase has a shot at outsized growth by widening its net overseas.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59a6546d426e2aaec900cfc50ff94439\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Exercising optionality</h2>\n<p>Many investors rightly approach Coinbase stock with great caution. Cryptocurrency has historically been volatile, motivating people to trade often. Remember: The company disproportionately profits with frequent transactions. Therefore, if trading decreases with increased cryptocurrency stability, its business model could fall apart.</p>\n<p>However, consider two things. First, potential Coinbase investors are being compensated for this risk with a cheaply valued stock. The company is very profitable and trades at just 22 times <i>trailing</i> earnings, according to data from YCharts, an almost unheard-of valuation for a fintech stock.</p>\n<p>Second, Coinbase is plowing its cash back into the business. According to management, its capital allocation strategy has 70% of capital invested to improve the core business, 20% used for strategic investments, and 10% spent innovating with new products. Experienced investors will recognize this last item as the desirable trait called optionality.</p>\n<p>Here are two examples of Coinbase's optionality. First, the company supports popular cryptocurrency <b>Bitcoin</b>. But it now has a feature called Bitcoin Borrow, allowing users to borrow money using Bitcoin as collateral. It also recently launched Coinbase Card from <b><a href=\"https://laohu8.com/S/V\">Visa</a></b> so users can spend their cryptocurrency on everyday purchases.</p>\n<p>A more compelling example of this optionality is Coinbase Cloud. Cryptocurrencies live on blockchains, but they're not the only thing that can be built on the underlying blockchain technology. Various decentralized applications can also be built on blockchains, and Coinbase wants its cloud product to become <i>the</i> de facto way these are built. Management envisions Coinbase Cloud becoming like&nbsp;<b>Amazon</b> Web Services but for cryptoccurency. This could be an enormous opportunity if cryptocurrency becomes a bigger and enduring movement.</p>\n<h2>A portfolio turbocharger?</h2>\n<p>In summary, Coinbase stock is a risky investment, because its primary source of revenue has questionable longevity. However, one can't dismiss the company completely, because its current growth gives it the optionality afforded by its significant financial resources. Its non-transaction-based revenue has increased more than 15 times over just the past 12 months, so it's clear Coinbase is mitigating risks to its core business by developing other revenue streams.</p>\n<p>The cryptocurrency space is still young so it's hard to predict what it will look like in five to 10 years. However, if you believe cryptocurrency is still in the early innings, then Coinbase stock looks like it might be worth adding to a&nbsp;diversified portfolio.</p>\n<p>However, I wouldn't make a large bet on Coinbase stock today.&nbsp;The risk that cryptocurrency trading volumes could decrease still stands. But if this company executes on its vision, then even a small portfolio allocation could boost your overall returns in the years to come.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Coinbase Stock Turbocharge Your Portfolio?</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\">\nCan Coinbase Stock Turbocharge Your Portfolio?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>During its brief history as a publicly-traded company, cryptocurrency exchange Coinbase Global (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166772293","content_text":"During its brief history as a publicly-traded company, cryptocurrency exchange Coinbase Global (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the company would report earnings of $2.33 per share in the second quarter of 2021. Coinbase actually delivered earnings of $6.42, outperforming estimates by 176%.\nBut according to TipRanks, analysts are extremely divided on Coinbase stock, which trades at about $260 per share as of this writing. Price targets are as high as $500 and as low as $220. Clearly, Wall Street doesn't know what to make of this company.\nSometimes, confusion like this presents an opportunity for those who can see through it. It's unclear whether this applies to Coinbase stock, but there does appear to be underappreciated upside here.\nImage source: Coinbase Global.\nGrowing the core business\nCoinbase has two primary sets of customers: institutional investors like hedge funds and retail investors like you and me. The company generated 88% of its total revenue in the second quarter by charging fees for trades. But even though institutional investors have far more assets on the platform and trade more often, 95% of this transactional revenue came from retail investors.\nCoinbase needs to better monetize institutional investors, but for now, let's accept the business model for what it is. Based on the numbers we've seen, it must grow its retail investor user base to grow its core business, and it has a couple of ways to do this.\nFirst, Coinbase can grow the list of cryptocurrencies that it supports. For those unaware, there are thousands of cryptocurrencies, and each one requires particular support infrastructure. You can't just throw them up on the platform.\nTo the company's credit, it added 22 new crypto-assets in the second quarter alone, a quarterly record. And perhaps this is part of the reason it has seen strong user growth. It had 8.8 million monthly transacting users in the second quarter, versus just 1.5 million in the same quarter last year.\nSecond, Coinbase can launch internationally. Right now the company is working on entering Germany and Japan. It's a challenge, because every country has its own regulations regarding cryptocurrencies. However, with such a small user base, Coinbase has a shot at outsized growth by widening its net overseas.\nImage source: Getty Images.\nExercising optionality\nMany investors rightly approach Coinbase stock with great caution. Cryptocurrency has historically been volatile, motivating people to trade often. Remember: The company disproportionately profits with frequent transactions. Therefore, if trading decreases with increased cryptocurrency stability, its business model could fall apart.\nHowever, consider two things. First, potential Coinbase investors are being compensated for this risk with a cheaply valued stock. The company is very profitable and trades at just 22 times trailing earnings, according to data from YCharts, an almost unheard-of valuation for a fintech stock.\nSecond, Coinbase is plowing its cash back into the business. According to management, its capital allocation strategy has 70% of capital invested to improve the core business, 20% used for strategic investments, and 10% spent innovating with new products. Experienced investors will recognize this last item as the desirable trait called optionality.\nHere are two examples of Coinbase's optionality. First, the company supports popular cryptocurrency Bitcoin. But it now has a feature called Bitcoin Borrow, allowing users to borrow money using Bitcoin as collateral. It also recently launched Coinbase Card from Visa so users can spend their cryptocurrency on everyday purchases.\nA more compelling example of this optionality is Coinbase Cloud. Cryptocurrencies live on blockchains, but they're not the only thing that can be built on the underlying blockchain technology. Various decentralized applications can also be built on blockchains, and Coinbase wants its cloud product to become the de facto way these are built. Management envisions Coinbase Cloud becoming like Amazon Web Services but for cryptoccurency. This could be an enormous opportunity if cryptocurrency becomes a bigger and enduring movement.\nA portfolio turbocharger?\nIn summary, Coinbase stock is a risky investment, because its primary source of revenue has questionable longevity. However, one can't dismiss the company completely, because its current growth gives it the optionality afforded by its significant financial resources. Its non-transaction-based revenue has increased more than 15 times over just the past 12 months, so it's clear Coinbase is mitigating risks to its core business by developing other revenue streams.\nThe cryptocurrency space is still young so it's hard to predict what it will look like in five to 10 years. However, if you believe cryptocurrency is still in the early innings, then Coinbase stock looks like it might be worth adding to a diversified portfolio.\nHowever, I wouldn't make a large bet on Coinbase stock today. The risk that cryptocurrency trading volumes could decrease still stands. But if this company executes on its vision, then even a small portfolio allocation could boost your overall returns in the years to come.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881266158,"gmtCreate":1631346251174,"gmtModify":1676530533604,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567979712068924","idStr":"3567979712068924"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/881266158","repostId":"1105074635","repostType":4,"repost":{"id":"1105074635","kind":"news","pubTimestamp":1631321029,"share":"https://ttm.financial/m/news/1105074635?lang=&edition=fundamental","pubTime":"2021-09-11 08:43","market":"us","language":"en","title":"The S&P 500 Has Had a Good Run. Why Wall Street Thinks a Pullback Is Coming.","url":"https://stock-news.laohu8.com/highlight/detail?id=1105074635","media":"Barrons","summary":"S&P 500 index funds will tumble by Christmas, one Wall Street strategist predicts. Not necessarily, ","content":"<p>S&amp;P 500 index funds will tumble by Christmas, one Wall Street strategist predicts. Not necessarily, says another—but they’ll lose money over the next decade. I can’t decide whether to panic or just sulk.</p>\n<p>The index decides the fate of more than $5 trillion in linked investor assets. My only exposure is in my retirement, joint, college, healthcare, and, come to think of it, all other investment accounts. I don’t think my Chipotle Rewards account is affected, but I haven’t read the small print.</p>\n<p>The concern, of course, is that S&amp;P 500 trackers have had it too good for too long. The index has returned 376% over the past decade, or close to 17% a year, compounded. Among active managers tasked with beating the index, four out of five failed during the 10 years through 2020.</p>\n<p>For Bogleheads, as devotees of the late Vanguard founder and indexing pioneer John Bogle call themselves, the explanation is simple: Stock-picking is futile. But if that’s so, the typical active manager should do no better or worse than indexes on underlying stock performance, and underperform only to the extent he or she charges extra fees. In fact, they have trailed over 10 years by an average of 2.5% a year. Stinking that badly is a skill of its own—one that theoretically shouldn’t exist.</p>\n<p>Another explanation is that the S&amp;P 500’s popularity has created its own tailwind. “Flows into index funds raise the prices of large stocks,” conclude researchers from Michigan State University, the London School of Economics, and the University of California, Irvine,in a working paper&nbsp;that has been circulating since late last year. By now, you’ve heard that five companies&nbsp;—&nbsp;Apple,Microsoft,Alphabet,Amazon.com,and&nbsp;Facebook—combined for one-quarter of the S&amp;P 500’s market value. But all are still growing nicely, so why worry now?</p>\n<p>This past Tuesday, Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, predicted a 10% to 15% slide for the S&amp;P 500 before year’s end, but she says that doesn’t make her bearish. She points out that most 12-month stretches contain a big pullback for the index, but that we haven’t had one since March 2020. Tech giants, she has noticed, have lately traded hand-in-hand with Treasuries, suggesting that investors have come to view them as havens.</p>\n<p>“Owning the index today in a global context is a relatively defensive position, and we believe that it’s time to play offense,” she says.</p>\n<p>In Shalett’s view, interest rates will rise as global economies rebound, putting pressure on stock valuations. She predicts upside earnings surprises and stock outperformance for cyclical sectors like financials, industrials, energy, and materials, and for some pockets of consumer services and healthcare. “We’re very excited about buying a lot of different stocks,” she says. “We’re just not super-psyched about owning the index.”</p>\n<p>On Wednesday, Bank of America Securities issued a similarly mixed signal. It raised its year-end S&amp;P 500 target from 3800 all the way to 4250, which sounds optimistic. But it referred to the change as a mark to market—something typically done obligingly by accountants, not enthusiastically by forecasters. Also, the new target implies a decline of 5% or so from recent levels. Indexers have already made an easy 20% this year, so why sweat a holiday haircut? Because the bank is also predicting a 10-year average loss in the index of 0.8% a year.</p>\n<p>It’s devilishly difficult to predict short-term stock market returns. I tend to follow such forecasts more for the rationales than the targets. But long-term returns might be more closely linked than short-term ones to starting valuations, making forecasting more feasible. BofA says one measure has predicted about 80% of 10-year returns for the S&amp;P 500 since 1987: the ratio of the index’s price to what the bank calls its normalized earnings for the past 12 months. A typical reading is 19. The latest is 29. That has nudged the model’s predicted 10-year return below zero for the first time since 1999.</p>\n<p>BofA’s prescription is to buy dividend-growers and inflation beneficiaries like energy, financials, and materials. It also likes small-cap stocks, which it says are more closely tied than large-caps to U.S. economic growth, and have valuations that point to positive 10-year returns.</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>The S&P 500 Has Had a Good Run. Why Wall Street Thinks a Pullback Is Coming.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 Has Had a Good Run. Why Wall Street Thinks a Pullback Is Coming.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/sp-500-index-is-looking-vulnerable-51631313125?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P 500 index funds will tumble by Christmas, one Wall Street strategist predicts. Not necessarily, says another—but they’ll lose money over the next decade. I can’t decide whether to panic or just ...</p>\n\n<a href=\"https://www.barrons.com/articles/sp-500-index-is-looking-vulnerable-51631313125?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/sp-500-index-is-looking-vulnerable-51631313125?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105074635","content_text":"S&P 500 index funds will tumble by Christmas, one Wall Street strategist predicts. Not necessarily, says another—but they’ll lose money over the next decade. I can’t decide whether to panic or just sulk.\nThe index decides the fate of more than $5 trillion in linked investor assets. My only exposure is in my retirement, joint, college, healthcare, and, come to think of it, all other investment accounts. I don’t think my Chipotle Rewards account is affected, but I haven’t read the small print.\nThe concern, of course, is that S&P 500 trackers have had it too good for too long. The index has returned 376% over the past decade, or close to 17% a year, compounded. Among active managers tasked with beating the index, four out of five failed during the 10 years through 2020.\nFor Bogleheads, as devotees of the late Vanguard founder and indexing pioneer John Bogle call themselves, the explanation is simple: Stock-picking is futile. But if that’s so, the typical active manager should do no better or worse than indexes on underlying stock performance, and underperform only to the extent he or she charges extra fees. In fact, they have trailed over 10 years by an average of 2.5% a year. Stinking that badly is a skill of its own—one that theoretically shouldn’t exist.\nAnother explanation is that the S&P 500’s popularity has created its own tailwind. “Flows into index funds raise the prices of large stocks,” conclude researchers from Michigan State University, the London School of Economics, and the University of California, Irvine,in a working paper that has been circulating since late last year. By now, you’ve heard that five companies — Apple,Microsoft,Alphabet,Amazon.com,and Facebook—combined for one-quarter of the S&P 500’s market value. But all are still growing nicely, so why worry now?\nThis past Tuesday, Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, predicted a 10% to 15% slide for the S&P 500 before year’s end, but she says that doesn’t make her bearish. She points out that most 12-month stretches contain a big pullback for the index, but that we haven’t had one since March 2020. Tech giants, she has noticed, have lately traded hand-in-hand with Treasuries, suggesting that investors have come to view them as havens.\n“Owning the index today in a global context is a relatively defensive position, and we believe that it’s time to play offense,” she says.\nIn Shalett’s view, interest rates will rise as global economies rebound, putting pressure on stock valuations. She predicts upside earnings surprises and stock outperformance for cyclical sectors like financials, industrials, energy, and materials, and for some pockets of consumer services and healthcare. “We’re very excited about buying a lot of different stocks,” she says. “We’re just not super-psyched about owning the index.”\nOn Wednesday, Bank of America Securities issued a similarly mixed signal. It raised its year-end S&P 500 target from 3800 all the way to 4250, which sounds optimistic. But it referred to the change as a mark to market—something typically done obligingly by accountants, not enthusiastically by forecasters. Also, the new target implies a decline of 5% or so from recent levels. Indexers have already made an easy 20% this year, so why sweat a holiday haircut? Because the bank is also predicting a 10-year average loss in the index of 0.8% a year.\nIt’s devilishly difficult to predict short-term stock market returns. I tend to follow such forecasts more for the rationales than the targets. But long-term returns might be more closely linked than short-term ones to starting valuations, making forecasting more feasible. BofA says one measure has predicted about 80% of 10-year returns for the S&P 500 since 1987: the ratio of the index’s price to what the bank calls its normalized earnings for the past 12 months. A typical reading is 19. The latest is 29. That has nudged the model’s predicted 10-year return below zero for the first time since 1999.\nBofA’s prescription is to buy dividend-growers and inflation beneficiaries like energy, financials, and materials. It also likes small-cap stocks, which it says are more closely tied than large-caps to U.S. economic growth, and have valuations that point to positive 10-year returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}