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Billionaire Pinky Pig Monkey
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Billionaire Pinky Pig Monkey
2024-02-21
$FL2 CSOP HSCEI(07288)$
Billionaire Pinky Pig Monkey
2024-02-21
Time for HSI to perform after down almost for 2 years?
Billionaire Pinky Pig Monkey
2023-03-08
Ok
@LMSunshine:I’m 🐻-ish For NIO As It Trades At Analysts’ Low🎯
Billionaire Pinky Pig Monkey
2023-03-01
China stocks should be starting uptrend now?
Billionaire Pinky Pig Monkey
2023-02-18
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Billionaire Pinky Pig Monkey
2023-02-03
Ok
Amazon Stock Falls As Least Profitable Holiday Quarter Since 2014 Leads to Its Worst Annual Loss on Record
Billionaire Pinky Pig Monkey
2023-02-02
Ok
Baidu Pops 13% As Blackrock Increases Stake in Chinese Tech Firm
Billionaire Pinky Pig Monkey
2023-02-01
Ok
PayPal Joins Google, Intel, Microsoft, Amazon and Other Major Companies Laying off Thousands of People
Billionaire Pinky Pig Monkey
2023-01-31
Ok
Most Hong Kong Stocks Decline As Traders Await More China Recovery Signals, Fed Policy Action
Billionaire Pinky Pig Monkey
2023-01-30
Great one! Tiger platform is the best!
Billionaire Pinky Pig Monkey
2023-01-30
Best platform
Such a wonderful platform to trade!
Best platform
Billionaire Pinky Pig Monkey
2023-01-29
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Billionaire Pinky Pig Monkey
2023-01-28
Ok
The S&P 500 Is Nearing Its First "Golden Cross" in More Than 2 Years. What Does That Portend for Stocks?
Billionaire Pinky Pig Monkey
2022-12-10
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Billionaire Pinky Pig Monkey
2022-12-09
👌
Lululemon Drops 7% as Profitability, Sales Outlook Fall Short
Billionaire Pinky Pig Monkey
2022-11-24
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Billionaire Pinky Pig Monkey
2022-11-23
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Billionaire Pinky Pig Monkey
2022-11-21
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Billionaire Pinky Pig Monkey
2022-11-21
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Zoom Cuts Annual Revenue Forecast As Video-Conferencing Service Demand Wanes
Billionaire Pinky Pig Monkey
2022-11-20
$American Airlines(AAL)$
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Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Time for HSI to perform after down almost for 2 years? ","listText":"Time for HSI to perform after down almost for 2 years? ","text":"Time for HSI to perform after down almost for 2 years?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/276449412747512","isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949029416,"gmtCreate":1678247185836,"gmtModify":1678247189283,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949029416","repostId":"9940179781","repostType":1,"repost":{"id":9940179781,"gmtCreate":1677772559844,"gmtModify":1677772650656,"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4113904591642392","idStr":"4113904591642392"},"themes":[],"title":"I’m 🐻-ish For NIO As It Trades At Analysts’ Low🎯","htmlText":"I’m 🐻-ish after NIO’s Q4 earnings as: (1) NIO fell 9.4% on 1/3 (Wed) after an earnings miss on both revenue & EPS & the company’s outlook for Q1 sales & deliveries fell short of expectations, while costs ramped higher👎👎 ➡️ A 9.4% drop means that investors have a very 🐻-ish POV…that means so should I as more sell-off would occur. ➡️ NIO said it expects to deliver between 31,000 & 33,000 vehicles in the Q1 but NIO has already delivered 20,663 vehicles in Jan & Feb. That means it’ll only be delivering 11,000-12,000 in March🫠🫠🫠 ➡️ Nio guided revenue of $1.584 million-$1.674 million. The midpoint of $1.629 billion is far below FactSet consensus of $2.505 billion🐻🐻🐻 (2) J.P. Morgan analyst downgraded NIO stock to Hold from Buy on 2/3 (Thu) & ✂️ his price🎯 to $10 a share","listText":"I’m 🐻-ish after NIO’s Q4 earnings as: (1) NIO fell 9.4% on 1/3 (Wed) after an earnings miss on both revenue & EPS & the company’s outlook for Q1 sales & deliveries fell short of expectations, while costs ramped higher👎👎 ➡️ A 9.4% drop means that investors have a very 🐻-ish POV…that means so should I as more sell-off would occur. ➡️ NIO said it expects to deliver between 31,000 & 33,000 vehicles in the Q1 but NIO has already delivered 20,663 vehicles in Jan & Feb. That means it’ll only be delivering 11,000-12,000 in March🫠🫠🫠 ➡️ Nio guided revenue of $1.584 million-$1.674 million. The midpoint of $1.629 billion is far below FactSet consensus of $2.505 billion🐻🐻🐻 (2) J.P. Morgan analyst downgraded NIO stock to Hold from Buy on 2/3 (Thu) & ✂️ his price🎯 to $10 a share","text":"I’m 🐻-ish after NIO’s Q4 earnings as: (1) NIO fell 9.4% on 1/3 (Wed) after an earnings miss on both revenue & EPS & the company’s outlook for Q1 sales & deliveries fell short of expectations, while costs ramped higher👎👎 ➡️ A 9.4% drop means that investors have a very 🐻-ish POV…that means so should I as more sell-off would occur. ➡️ NIO said it expects to deliver between 31,000 & 33,000 vehicles in the Q1 but NIO has already delivered 20,663 vehicles in Jan & Feb. That means it’ll only be delivering 11,000-12,000 in March🫠🫠🫠 ➡️ Nio guided revenue of $1.584 million-$1.674 million. The midpoint of $1.629 billion is far below FactSet consensus of $2.505 billion🐻🐻🐻 (2) J.P. Morgan analyst downgraded NIO stock to Hold from Buy on 2/3 (Thu) & ✂️ his price🎯 to $10 a share","images":[{"img":"https://community-static.tradeup.com/news/3d0ebc136a0b29b1b28a0ade9f757b93","width":"1019","height":"563"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940179781","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940953667,"gmtCreate":1677661714759,"gmtModify":1677661718384,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"China stocks should be starting uptrend now? ","listText":"China stocks should be starting uptrend now? ","text":"China stocks should be starting uptrend now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940953667","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954770376,"gmtCreate":1676682670296,"gmtModify":1676682674812,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"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/9954770376","repostId":"1174614781","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955689756,"gmtCreate":1675387801575,"gmtModify":1676538998352,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955689756","repostId":"2308006819","repostType":4,"repost":{"id":"2308006819","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1675379793,"share":"https://ttm.financial/m/news/2308006819?lang=&edition=full_marsco","pubTime":"2023-02-03 07:16","market":"us","language":"en","title":"Amazon Stock Falls As Least Profitable Holiday Quarter Since 2014 Leads to Its Worst Annual Loss on Record","url":"https://stock-news.laohu8.com/highlight/detail?id=2308006819","media":"Dow Jones","summary":"Amazon.com Inc. reported its least profitable holiday quarter since 2014 on Thursday, leading to the","content":"<html><head></head><body><p>Amazon.com Inc. reported its least profitable holiday quarter since 2014 on Thursday, leading to the biggest annual loss on record for the e-commerce giant, which also disappointed Wall Street with its forecast amid concerns about cloud growth.</p><p>Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> reported a holiday profit of $278 million, or 3 cents a share, down from $1.39 a share a year ago. Revenue increased to $149.2 billion from $137.41 billion a year ago. Analysts on average were expecting earnings of 17 cents a share on sales of $145.71 billion, according to FactSet.</p><p>Shares fell more than 3% in after-hours trading immediately following the release of the results, after closing with a 7.4% increase at $112.91.</p><p><img src=\"https://static.tigerbbs.com/464945004faba94e0c5265d40d53e5ee\" tg-width=\"833\" tg-height=\"842\" referrerpolicy=\"no-referrer\"/></p><p>"In the short term, we face an uncertain economy, but we remain quite optimistic about the long-term opportunities for Amazon," Chief Executive Andy Jassy said in a statement.</p><p>Amazon was expected to post a loss for the whole year for the first time since 2014, but worse-than-expected holiday earnings actually led Amazon to the company's worst annual loss on record. For the year, Amazon produced a net loss of $2.7 billion and revenue of $513.98 billion, up from $469.82 billion a year ago and the company's first annual sales total to surpass a half-billion dollars. Amazon had never lost more than $1.4 billion in a single year since going public in 1997, according to FactSet records.</p><p>Amazon's fourth-quarter profit was hindered again by the decline of Rivian Automotive Inc. <a href=\"https://laohu8.com/S/RIVN\">$(RIVN)$</a> stock, which cost Amazon $2.3 billion in net income in the quarter. In addition, Amazon recognized many of the costs of its recently announced layoffs and other cost cuts in fourth-quarter results as well -- a $2.7 billion impairment charge included $640 million in severance charges related to layoffs and $720 million related to closures and impairment of physical stores, Chief Financial Officer Brian Olsavsky said in a call with reporters.</p><p>Amazon's ability to turn a profit in 2023 amid massive layoffs and other cost cuts will be the focus of Wall Street, and most of that turns on Amazon Web Services, or AWS. The cloud-computing offering has supplied the bulk of Amazon's profit in recent years, including 2022 -- for the year, AWS had operating profit of $22.84 billion, while the rest of the business produced an operating loss of $10.59 billion.</p><p>But cloud-computing growth has slowed, as Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>displayed in its results and forecast last week, and Olsavsky confirmed the slowdown Thursday after AWS results missed expectations. He said that slowness in AWS he mentioned three months ago had continued through the fourth quarter, and while he did not provide any color about what executives were seeing this quarter or forecast beyond the first quarter, he did say he expected "slower growth rates for the next few quarters" for AWS.</p><p>In the fourth quarter, AWS produced operating income of $5.21 billion on revenue of $21.38 billion. Analysts on average were expecting profit of $5.73 billion on sales of $21.85 billion, according to FactSet.</p><p>Any slowdown in AWS would hit Amazon's bottom line as well as its overall top line, and executives' forecast for the first quarter shows less optimism than Wall Street expected. Amazon's guidance calls for operating profit of break-even to $4 billion and revenue of $121 billion to $126 billion, while FactSet recorded an average analyst forecast of $4.04 billion in operating profit on sales of $125.09 billion.</p><p>Amazon's e-commerce business has struggled for growth amid the worst inflation in decades, with Olsavsky saying in a call with reporters that Amazon "saw customers spend less on discretionary items... [while] continuing to spend on everyday essentials." Amazon recently announced it would start charging for grocery delivery for Prime members, which could increase revenue from sales of fresh food.</p><p>For more: Amazon Fresh to start charging Prime customers up to $10 for grocery deliveries</p><p>Amazon's domestic e-commerce business posted an operating loss of $240 million on sales of $93.36 billion, after a $206 million loss on sales of $82.36 billion in the holiday quarter of 2021. Olsavsky said cuts in the company's physical stores and device businesses would improve operating margins in North America.</p><p>Amazon's international efforts struggled more, with a sales decline and increasing losses, as Olsavsky said the U.K. and other parts of Europe showed slowdowns. Amazon reported an operating loss of $2.23 billion on revenue of $34.46 billion overseas, after a loss of $1.63 billion on sales of $37.27 billion a year ago.</p><p>One bright spot in Amazon's report was a record quarter for its advertising business, which has grown fast in recent years in a challenge to Alphabet Inc.'s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) Google and other online ad giants. Ads brought in $11.56 billion in the holiday quarter, growing nearly 19% from $9.71 billion a year ago and beating the analysts' consensus.</p><p>Amazon stock has fallen more than 25% over the past 12 months, but has experienced a rebound so far in 2023, gaining more than 33% year to date. The S&P 500 index has declined 10.2% in the past year while gaining 7.3% since the calendar flipped to 2023.</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 Stock Falls As Least Profitable Holiday Quarter Since 2014 Leads to Its Worst Annual Loss on 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\">\nAmazon Stock Falls As Least Profitable Holiday Quarter Since 2014 Leads to Its Worst Annual Loss on Record\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-03 07:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Amazon.com Inc. reported its least profitable holiday quarter since 2014 on Thursday, leading to the biggest annual loss on record for the e-commerce giant, which also disappointed Wall Street with its forecast amid concerns about cloud growth.</p><p>Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> reported a holiday profit of $278 million, or 3 cents a share, down from $1.39 a share a year ago. Revenue increased to $149.2 billion from $137.41 billion a year ago. Analysts on average were expecting earnings of 17 cents a share on sales of $145.71 billion, according to FactSet.</p><p>Shares fell more than 3% in after-hours trading immediately following the release of the results, after closing with a 7.4% increase at $112.91.</p><p><img src=\"https://static.tigerbbs.com/464945004faba94e0c5265d40d53e5ee\" tg-width=\"833\" tg-height=\"842\" referrerpolicy=\"no-referrer\"/></p><p>"In the short term, we face an uncertain economy, but we remain quite optimistic about the long-term opportunities for Amazon," Chief Executive Andy Jassy said in a statement.</p><p>Amazon was expected to post a loss for the whole year for the first time since 2014, but worse-than-expected holiday earnings actually led Amazon to the company's worst annual loss on record. For the year, Amazon produced a net loss of $2.7 billion and revenue of $513.98 billion, up from $469.82 billion a year ago and the company's first annual sales total to surpass a half-billion dollars. Amazon had never lost more than $1.4 billion in a single year since going public in 1997, according to FactSet records.</p><p>Amazon's fourth-quarter profit was hindered again by the decline of Rivian Automotive Inc. <a href=\"https://laohu8.com/S/RIVN\">$(RIVN)$</a> stock, which cost Amazon $2.3 billion in net income in the quarter. In addition, Amazon recognized many of the costs of its recently announced layoffs and other cost cuts in fourth-quarter results as well -- a $2.7 billion impairment charge included $640 million in severance charges related to layoffs and $720 million related to closures and impairment of physical stores, Chief Financial Officer Brian Olsavsky said in a call with reporters.</p><p>Amazon's ability to turn a profit in 2023 amid massive layoffs and other cost cuts will be the focus of Wall Street, and most of that turns on Amazon Web Services, or AWS. The cloud-computing offering has supplied the bulk of Amazon's profit in recent years, including 2022 -- for the year, AWS had operating profit of $22.84 billion, while the rest of the business produced an operating loss of $10.59 billion.</p><p>But cloud-computing growth has slowed, as Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>displayed in its results and forecast last week, and Olsavsky confirmed the slowdown Thursday after AWS results missed expectations. He said that slowness in AWS he mentioned three months ago had continued through the fourth quarter, and while he did not provide any color about what executives were seeing this quarter or forecast beyond the first quarter, he did say he expected "slower growth rates for the next few quarters" for AWS.</p><p>In the fourth quarter, AWS produced operating income of $5.21 billion on revenue of $21.38 billion. Analysts on average were expecting profit of $5.73 billion on sales of $21.85 billion, according to FactSet.</p><p>Any slowdown in AWS would hit Amazon's bottom line as well as its overall top line, and executives' forecast for the first quarter shows less optimism than Wall Street expected. Amazon's guidance calls for operating profit of break-even to $4 billion and revenue of $121 billion to $126 billion, while FactSet recorded an average analyst forecast of $4.04 billion in operating profit on sales of $125.09 billion.</p><p>Amazon's e-commerce business has struggled for growth amid the worst inflation in decades, with Olsavsky saying in a call with reporters that Amazon "saw customers spend less on discretionary items... [while] continuing to spend on everyday essentials." Amazon recently announced it would start charging for grocery delivery for Prime members, which could increase revenue from sales of fresh food.</p><p>For more: Amazon Fresh to start charging Prime customers up to $10 for grocery deliveries</p><p>Amazon's domestic e-commerce business posted an operating loss of $240 million on sales of $93.36 billion, after a $206 million loss on sales of $82.36 billion in the holiday quarter of 2021. Olsavsky said cuts in the company's physical stores and device businesses would improve operating margins in North America.</p><p>Amazon's international efforts struggled more, with a sales decline and increasing losses, as Olsavsky said the U.K. and other parts of Europe showed slowdowns. Amazon reported an operating loss of $2.23 billion on revenue of $34.46 billion overseas, after a loss of $1.63 billion on sales of $37.27 billion a year ago.</p><p>One bright spot in Amazon's report was a record quarter for its advertising business, which has grown fast in recent years in a challenge to Alphabet Inc.'s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) Google and other online ad giants. Ads brought in $11.56 billion in the holiday quarter, growing nearly 19% from $9.71 billion a year ago and beating the analysts' consensus.</p><p>Amazon stock has fallen more than 25% over the past 12 months, but has experienced a rebound so far in 2023, gaining more than 33% year to date. The S&P 500 index has declined 10.2% in the past year while gaining 7.3% since the calendar flipped to 2023.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308006819","content_text":"Amazon.com Inc. reported its least profitable holiday quarter since 2014 on Thursday, leading to the biggest annual loss on record for the e-commerce giant, which also disappointed Wall Street with its forecast amid concerns about cloud growth.Amazon $(AMZN)$ reported a holiday profit of $278 million, or 3 cents a share, down from $1.39 a share a year ago. Revenue increased to $149.2 billion from $137.41 billion a year ago. Analysts on average were expecting earnings of 17 cents a share on sales of $145.71 billion, according to FactSet.Shares fell more than 3% in after-hours trading immediately following the release of the results, after closing with a 7.4% increase at $112.91.\"In the short term, we face an uncertain economy, but we remain quite optimistic about the long-term opportunities for Amazon,\" Chief Executive Andy Jassy said in a statement.Amazon was expected to post a loss for the whole year for the first time since 2014, but worse-than-expected holiday earnings actually led Amazon to the company's worst annual loss on record. For the year, Amazon produced a net loss of $2.7 billion and revenue of $513.98 billion, up from $469.82 billion a year ago and the company's first annual sales total to surpass a half-billion dollars. Amazon had never lost more than $1.4 billion in a single year since going public in 1997, according to FactSet records.Amazon's fourth-quarter profit was hindered again by the decline of Rivian Automotive Inc. $(RIVN)$ stock, which cost Amazon $2.3 billion in net income in the quarter. In addition, Amazon recognized many of the costs of its recently announced layoffs and other cost cuts in fourth-quarter results as well -- a $2.7 billion impairment charge included $640 million in severance charges related to layoffs and $720 million related to closures and impairment of physical stores, Chief Financial Officer Brian Olsavsky said in a call with reporters.Amazon's ability to turn a profit in 2023 amid massive layoffs and other cost cuts will be the focus of Wall Street, and most of that turns on Amazon Web Services, or AWS. The cloud-computing offering has supplied the bulk of Amazon's profit in recent years, including 2022 -- for the year, AWS had operating profit of $22.84 billion, while the rest of the business produced an operating loss of $10.59 billion.But cloud-computing growth has slowed, as Microsoft Corp. $(MSFT)$displayed in its results and forecast last week, and Olsavsky confirmed the slowdown Thursday after AWS results missed expectations. He said that slowness in AWS he mentioned three months ago had continued through the fourth quarter, and while he did not provide any color about what executives were seeing this quarter or forecast beyond the first quarter, he did say he expected \"slower growth rates for the next few quarters\" for AWS.In the fourth quarter, AWS produced operating income of $5.21 billion on revenue of $21.38 billion. Analysts on average were expecting profit of $5.73 billion on sales of $21.85 billion, according to FactSet.Any slowdown in AWS would hit Amazon's bottom line as well as its overall top line, and executives' forecast for the first quarter shows less optimism than Wall Street expected. Amazon's guidance calls for operating profit of break-even to $4 billion and revenue of $121 billion to $126 billion, while FactSet recorded an average analyst forecast of $4.04 billion in operating profit on sales of $125.09 billion.Amazon's e-commerce business has struggled for growth amid the worst inflation in decades, with Olsavsky saying in a call with reporters that Amazon \"saw customers spend less on discretionary items... [while] continuing to spend on everyday essentials.\" Amazon recently announced it would start charging for grocery delivery for Prime members, which could increase revenue from sales of fresh food.For more: Amazon Fresh to start charging Prime customers up to $10 for grocery deliveriesAmazon's domestic e-commerce business posted an operating loss of $240 million on sales of $93.36 billion, after a $206 million loss on sales of $82.36 billion in the holiday quarter of 2021. Olsavsky said cuts in the company's physical stores and device businesses would improve operating margins in North America.Amazon's international efforts struggled more, with a sales decline and increasing losses, as Olsavsky said the U.K. and other parts of Europe showed slowdowns. Amazon reported an operating loss of $2.23 billion on revenue of $34.46 billion overseas, after a loss of $1.63 billion on sales of $37.27 billion a year ago.One bright spot in Amazon's report was a record quarter for its advertising business, which has grown fast in recent years in a challenge to Alphabet Inc.'s $(GOOGL)$(GOOGL) Google and other online ad giants. Ads brought in $11.56 billion in the holiday quarter, growing nearly 19% from $9.71 billion a year ago and beating the analysts' consensus.Amazon stock has fallen more than 25% over the past 12 months, but has experienced a rebound so far in 2023, gaining more than 33% year to date. The S&P 500 index has declined 10.2% in the past year while gaining 7.3% since the calendar flipped to 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":795,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955171001,"gmtCreate":1675304182604,"gmtModify":1676538991148,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"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/9955171001","repostId":"2308683630","repostType":4,"repost":{"id":"2308683630","kind":"highlight","pubTimestamp":1675296448,"share":"https://ttm.financial/m/news/2308683630?lang=&edition=full_marsco","pubTime":"2023-02-02 08:07","market":"us","language":"en","title":"Baidu Pops 13% As Blackrock Increases Stake in Chinese Tech Firm","url":"https://stock-news.laohu8.com/highlight/detail?id=2308683630","media":"seekingalpha","summary":"Baidu (NASDAQ:BIDU) shares rose 13.05% on Wednesday as asset manager Blackrock (BLK) disclosed that ","content":"<html><head></head><body><p>Baidu (NASDAQ:BIDU) shares rose 13.05% on Wednesday as asset manager Blackrock (BLK) disclosed that it had increased its stake in the Chinese tech company.</p><p><img src=\"https://static.tigerbbs.com/9a2f42c1766f768b2de5372487a75d98\" tg-width=\"811\" tg-height=\"842\" width=\"100%\" height=\"auto\"/></p><p>According to a 13-G filing, Blackrock (BLK), which has roughly $10T in assets under management, disclosed that it had raised its passive stake in the company to 6.6% as of the last quarter, up from a previous ownership stake of 3.5%.</p><p>Several other Chinese technology firms rose on back of the disclosure, including Alibaba (BABA), JD.com (JD) and Pinduoduo (PDD).</p><p>Last month, it was reported that Baidu (BIDU) is getting ready to unveil an artificial intelligence chatbot service similar to OpenAI’s ChatGPT.</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>Baidu Pops 13% As Blackrock Increases Stake in Chinese Tech Firm</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{ 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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\">\nBaidu Pops 13% As Blackrock Increases Stake in Chinese Tech Firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-02 08:07 GMT+8 <a href=https://seekingalpha.com/news/3930416-baidu-pops-blackrock-increases-stake><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baidu (NASDAQ:BIDU) shares rose 13.05% on Wednesday as asset manager Blackrock (BLK) disclosed that it had increased its stake in the Chinese tech company.According to a 13-G filing, Blackrock (BLK), ...</p>\n\n<a href=\"https://seekingalpha.com/news/3930416-baidu-pops-blackrock-increases-stake\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD","BLK":"贝莱德","BK4531":"中概回港概念","BK4585":"ETF&股票定投概念","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0287142896.SGD":"Fidelity China Focus A-SGD","BK4535":"淡马锡持仓","BK4077":"互动媒体与服务","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BIDU":"百度","BK4579":"人工智能","BK4526":"热门中概股","BK4552":"Archegos爆仓风波概念","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BK4574":"无人驾驶","LU0173614495.USD":"富达中国焦点A","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","BK4581":"高盛持仓","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4504":"桥水持仓","BK4135":"资产管理与托管银行","BK4548":"巴美列捷福持仓","BK4514":"搜索引擎"},"source_url":"https://seekingalpha.com/news/3930416-baidu-pops-blackrock-increases-stake","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2308683630","content_text":"Baidu (NASDAQ:BIDU) shares rose 13.05% on Wednesday as asset manager Blackrock (BLK) disclosed that it had increased its stake in the Chinese tech company.According to a 13-G filing, Blackrock (BLK), which has roughly $10T in assets under management, disclosed that it had raised its passive stake in the company to 6.6% as of the last quarter, up from a previous ownership stake of 3.5%.Several other Chinese technology firms rose on back of the disclosure, including Alibaba (BABA), JD.com (JD) and Pinduoduo (PDD).Last month, it was reported that Baidu (BIDU) is getting ready to unveil an artificial intelligence chatbot service similar to OpenAI’s ChatGPT.","news_type":1},"isVote":1,"tweetType":1,"viewCount":686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955387238,"gmtCreate":1675214836025,"gmtModify":1676538983836,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"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/9955387238","repostId":"2308725096","repostType":4,"repost":{"id":"2308725096","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1675207928,"share":"https://ttm.financial/m/news/2308725096?lang=&edition=full_marsco","pubTime":"2023-02-01 07:32","market":"us","language":"en","title":"PayPal Joins Google, Intel, Microsoft, Amazon and Other Major Companies Laying off Thousands of People","url":"https://stock-news.laohu8.com/highlight/detail?id=2308725096","media":"Dow Jones","summary":"PayPal has joined IBM, SAP, Spotify, Google parent Alphabet, Intel, Microsoft, Coinbase, Cisco, Amaz","content":"<html><head></head><body><p>PayPal has joined IBM, SAP, Spotify, Google parent Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazon, Salesforce, HP, Roku, Beyond Meat, Meta and Twitter in announcing major layoffs in recent months.</p><p>More than 75,000 global technology-sector employees have been laid off in the first few weeks of 2023 alone, according to data compiled by the website Layoffs.fyi.</p><p>Here's a look at the list of big names across a number of sectors that have been cutting back their workforces.</p><h2>PayPal</h2><p>PayPal Holdings Inc. (PYPL) is cutting its global workforce by approximately 2,000 full-time employees, or 7% of the company's total workforce. Chief Executive Dan Schulman announced the layoffs in an email to employees. "These reductions will occur over the coming weeks, with some organizations impacted more than others," he wrote.</p><p>"While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do," Schulman said in the email. "We must continue to change as our world, our customers, and our competitive landscape evolve."</p><p>PayPal will continue to hire "strategically" this year, spokeswoman Amanda Miller told MarketWatch.</p><p>In August, PayPal announced a cost-cutting initiative, saying it was targeting at least $1.3 billion in cost savings during 2023.</p><h2>IBM</h2><p>International Business Machines Corp. <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a> is cutting 1% to 1.5% of its workforce. The cuts amount to about 3,900 employees, IBM Chief Financial Officer James Kavanaugh said in an interview with Bloomberg, which was the first to report the job cuts.</p><p>The layoffs were not mentioned on the conference call to discuss IBM's fourth-quarter results. A spokesman said the cuts were mostly related to a spinoff and the sale of IBM's Watson Health unit, resulting in a $300 million charge in the first quarter.</p><h2>SAP</h2><p>SAP (SAP.XE) is cutting almost 3,000 jobs amid a restructuring effort. When it announced its fourth-quarter results, the business-software maker said it is undertaking a "targeted" restructuring in 2023 focused on strategic growth areas and "accelerated cloud transformation."</p><p>The restructuring program will affect some 2,800 employees. At the end of 2022, the Walldorf, Germany-based company had 111,961 employees globally.</p><h2>Lam Research</h2><p>Silicon Foundry-equipment supplier Lam Research Corp. <a href=\"https://laohu8.com/S/LRCX\">$(LRCX)$</a> said it will cut its global workforce by 7%, or 1,300 employees, by the end of March. The cuts do not include a separate reduction to Lam Research's "temporary workforce" that saw 700 people being let go at the end of December.</p><p>The cuts came as Lam Research reported its results for the quarter ending Dec. 22, 2022. "Given the decline in wafer fabrication equipment spending expected in calendar year 2023, we are taking proactive steps to lower our cost structure and drive efficiencies across our global footprint, while preserving critical R&D," said CEO Tim Archer in a statement. "With these actions, Lam is focused on accelerating our strategic priorities to capitalize on the semiconductor industry's long-term growth prospects."</p><h2>Spotify</h2><p>In a filing with the Securities and Exchange Commission, Spotify Technology <a href=\"https://laohu8.com/S/SPOT\">$(SPOT)$</a> said it is reducing its workforce by about 6%, which translates to about 588 jobs.</p><p>Bloomberg News originally reported that the streaming music service was planning job cuts. At the end of the third quarter, Spotify had 9,808 full-time employees globally.</p><p>The Stockholm-based company estimates that it will incur approximately EUR35 million to EUR45 million ($38.1 million to $48.9 million) in severance-related charges.</p><p>The job cuts come after Spotify slowed its pace of hiring last year. Last June, Spotify CEO Daniel Ek told employees that the company would reduce its hiring by 25%, according to Bloomberg and CNBC reports. Spotify laid off at least 38 employees at its Gimlet and Parcast podcast units in October.</p><p>In recent years, Spotify has spent massive amounts on podcasts, which has weighed on the company's margins. The podcast spending has yet to deliver profits, although last year Ek predicted a meaningful increase in profitability in the next couple of years.</p><p>In its SEC filing, Spotify said that, as part of a broader reorganization, the company's chief content and advertising business officer, Dawn Ostroff, will depart.</p><h2>Google</h2><p>Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) has announced plans to cut approximately 12,000 jobs globally. In a blog post, Alphabet and Google CEO Sundar Pichai described the layoffs as "a difficult decision to set us up for the future."</p><p>"The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here," he added.</p><p>Like a number of other tech giants that have made layoffs recently, such as Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a>, Alphabet expanded to meet demand during the pandemic era but is now confronted with a different economic situation, Pichai said. "Over the past two years we've seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today."</p><p>At the end of September 2022, Alphabet had almost 187,000 employees, up from almost 164,000 employees at the end of March.</p><p>"As an almost 25-year-old company, we're bound to go through difficult economic cycles," Pichai said. "These are important moments to sharpen our focus, re-engineer our cost base, and direct our talent and capital to our highest priorities."</p><p>Echoing recent comments from Microsoft, Pichai also highlighted the importance of artificial intelligence. "Being constrained in some areas allows us to bet big on others," he said. "Pivoting the company to be AI-first years ago led to groundbreaking advances across our businesses and the whole industry."</p><p>The CEO said that the company is getting ready to share "some entirely new experiences" for users, developers and businesses. "We have a substantial opportunity in front of us with AI across our products and are prepared to approach it boldly and responsibly," he added.</p><p>Last year, a report in The Information said that Google was considering cutting 10,000 jobs. The company may employ a ranking system that would eliminate the lowest-ranked "poor-performing" employees, the report said.</p><p>"Earlier this year, we launched Googler Reviews and Development (GRAD) to help employee development, coaching, learning and career progression throughout the year," a Google spokesperson told MarketWatch in a statement at the time. "The new system helps establish clear expectations and provide employees with regular feedback."</p><h2>Intel</h2><p>Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> is slashing hundreds of jobs in Silicon Valley. The cuts add to layoffs that began late last year as part of previously announced job cutting.</p><p>According to filings with California's Employment Development Department, the chipmaker is is cutting 201 jobs at its offices in Santa Clara, Calif., which is home to Intel's headquarters, effective Jan. 31. In late December Intel reported 90 job cuts, during which the company confirmed that it also has put some manufacturing employees on unpaid leave.</p><p>The tech giant is also adding to the 111 job cuts previously announced in Folsom, Calif., at a campus dedicated to research and development. There are now 176 layoffs effective Jan. 31, and an additional 167 job cuts effective March 15.</p><p>Intel also expects more layoffs will be detailed in future filings.</p><p>In October, Intel announced plans for job cuts as it reported its third-quarter results. The chip maker said it was focused on driving $3 billion in cost reductions in 2023. "Inclusive in our efforts will be steps to optimize our headcount," Chief Executive Pat Gelsinger said during a conference call with analysts to discuss the third-quarter results.</p><p>The chipmaker had 121,000-plus employees worldwide at the end of 2021.</p><h2>Microsoft</h2><p>Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT.UK\">$(MSFT.UK)$</a> joined other tech giants in the layoffs spotlight when the software maker confirmed plans to cut about 10,000 positions.</p><p>"Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of [the third quarter of fiscal year 2023]," Microsoft CEO Satya Nadella wrote in a blog post on Jan. 18. "This represents less than 5 percent of our total employee base, with some notifications happening today."</p><p>Microsoft, he said, is aligning its cost structure with its revenue and with where the company sees customer demand. Nadella wrote that while customers had accelerated their digital spending during the pandemic, they are now looking to "optimize" their digital spending to do more with less. "We're also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one," he added.</p><p>The tech giant is taking a $1.2 billion charge in the second quarter related to severance costs, changes to its hardware portfolio and costs of lease consolidation as it creates higher density across its workspaces.</p><p>The layoffs did not come completely out of the blue. Earlier reports from Sky News and Bloomberg indicated that Microsoft was preparing to make cuts.</p><p>In the blog post, Nadella said that while Microsoft is eliminating roles in some areas, the company will continue to hire in key strategic areas. The CEO did not specify which areas will see hiring but did describe advances in artificial intelligence as "the next major wave of computing."</p><h2>Coinbase</h2><p>Coinbase Global Inc. <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>announced 950 job cuts in an attempt to cut costs.</p><p>"In 2022, the crypto market trended downwards along with the broader macroeconomy," said Coinbase CEO Brian Armstrong, in a message to employees on Jan. 10. "We also saw the fallout from unscrupulous actors in the industry, and there could still be further contagion."</p><p>The crypto exchange said it will book charges of about $149 million to $163 million for the cuts, divided between about $58 million to $68 million in cash charge relating to severance and $91 million to $95 million in stock-based compensation charges relating to the vesting of outstanding equity awards.</p><p>The job cuts follow the company's announcement in June that it would lay off 18% of its employees.</p><h2>Cisco</h2><p>Cisco Systems Inc. <a href=\"https://laohu8.com/S/CSCO\">$(CSCO)$</a> has begun previously announced layoffs, cutting nearly 700 jobs in Silicon Valley in December, according to filings with the state of California in January.</p><p>The layoffs span a number of departments at the networking giant and extend across various positions, including software and hardware engineering, program management, product design and marketing. According to the state filings, the number of employees at the company's San Jose, Calif., headquarters who are affected totals 371, while 222 jobs are being cut in nearby Milpitas and 80 are being cut in Cisco's San Francisco office. The notices said employees were notified in early December and were given a choice of an effective termination date of either Feb. 1 or March 13.</p><p>In November, Cisco announced it was planning a "limited business restructuring" that will adjust the networking giant's real-estate portfolio and affect about 5% of its 80,000-strong global workforce, or some 4,000 people.</p><p>"This is about rebalancing across the board," said Cisco Chief Financial Officer Scott Herren at the time, adding that as many jobs will be added as reduced.</p><p>"Our goal is to minimize the number of people who end up having to leave," Herren told MarketWatch. "We will match as many with new roles at the company as we can. This is not about reducing our workforce. In fact, we'll have roughly the same number of employees at the end of this fiscal year as we had when we started."</p><h2>Amazon</h2><p>Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> kicked off the New Year by confirming more than 18,000 job cuts, more than originally expected. "Between the reductions we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles," Amazon CEO Andy Jassy wrote in a letter to employees on Jan. 4. "Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT [People <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> and Technology Solutions] organizations."</p><p>"Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so," Jassy added. "These changes will help us pursue our long-term opportunities with a stronger cost structure; however, I'm also optimistic that we'll be inventive, resourceful, and scrappy in this time when we're not hiring expansively and [are] eliminating some roles."</p><p>Amazon subsequently filed notices of more than 3,000 job cuts in New York, California and the company's home state of Washington, as required by law.</p><p>Last year the e-commerce giant confirmed plans to lay off workers in its devices and services business. At that time, The Wall Street Journal reported that Amazon could eventually cut about 10,000 jobs.</p><p>Analysts at Morgan Stanley are looking for Amazon and other tech companies to continue reining in costs.</p><h2>Salesforce</h2><p>Salesforce Inc. <a href=\"https://laohu8.com/S/CRM\">$(CRM)$</a> will lay off 10% of its workforce as part of a restructuring plan.</p><p>The San Francisco-based company announced the layoffs in a filing with the Securities and Exchange Commission on Jan. 4. In addition to the job cuts, Salesforce plans to exit some real estate and reduce office space.</p><p>The restructuring plan is intended to reduce operating costs, improve operating margins and continue advancing Salesforce's commitment to "profitable growth," the company said in the filing.</p><p>Salesforce estimates that it will incur approximately $1.4 billion to $2.1 billion in charges in connection with the restructuring plan, of which approximately $800 million to $1 billion is expected to be incurred in the fourth quarter of fiscal 2023.</p><p>Most of the layoffs will be made in the coming weeks, Salesforce CEO Marc Benioff said in a letter to employees that was also filed with the SEC.</p><p>The Salesforce chief said that the company grew too quickly for the current environment. "I've been thinking a lot about how we came to this moment," he wrote. "As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we're now facing, and I take responsibility for that."</p><p>Last year, Salesforce laid off hundreds of employees from its sales team, according to news reports, as the tech sector as a whole wrestled with a challenging economic environment. "Our sales performance process drives accountability," said a Salesforce spokesperson in a statement emailed to MarketWatch in November. "Unfortunately, that can lead to some leaving the business, and we support them through their transition."</p><p>As of February 2022, the company, which provides customer-relationship-management software, had over 78,000 employees globally.</p><h2>HP</h2><p>In November, HP Inc. <a href=\"https://laohu8.com/S/HPQ\">$(HPQ)$</a> executives announced plans to cut up to 10% of the company's workforce amid what CEO Enrique Lores described as "a volatile macro environment and softening demand in the second half, with a slowdown on the commercial side."</p><p>"Companies are delaying their refresh [sales] cycle," Lores told MarketWatch in an interview ahead of the public release of the company's fourth-quarter results.</p><p>HP is launching a three-year workforce-reduction plan meant to shed 4,000 to 6,000 jobs, according to Lores, with more than half of the roughly $1 billion in restructuring costs expected to be realized in the new fiscal year.</p><h2>Roku</h2><p><a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>. (ROKU)announced in November that it would cut about 5% of its workforce amid a challenging advertising landscape.</p><p>"Due to the current economic conditions in our industry, we have made the difficult decision to reduce Roku's headcount expenses by a projected 5%, to slow down our [operating-expense] growth rate," the company said in a brief statement, noting that about 200 positions in the U.S. would be affected. "Taking these actions now will allow us to focus our investments on key strategic priorities to drive future growth and enhance our leadership position," the statement said.</p><p>In a filing with the Securities and Exchange Commission, Roku said it anticipated charges of about $28 million to $31 million related to the job cuts, mainly stemming from severance payments, notice pay, employee benefits and other costs. The company expected to take the bulk of those charges in the fourth quarter of 2022. Implementation of the workforce reductions will be mostly complete by the end of the first quarter of 2023, it said.</p><h2>Kaltura</h2><p>Video software company Kaltura Inc. <a href=\"https://laohu8.com/S/KLTR\">$(KLTR)$</a> said Jan. 4 it's planning to reduce its workforce by about 11%.</p><p>In a filing with the Securities and Exchange Commission, Kaltura said its reorganization plan aims to increase efficiency and productivity in response to the current macroeconomic climate. "The plan's main objectives are to position the company for lower demand, spend, and available budgets across the company's market segments, align the company's business strategy in light of these market conditions and support the company's growth initiatives and return path to profitability," it said.</p><p>On an annualized basis, the total cost reduction from Kaltura's downsizing is expected to be approximately $16 million.</p><p>The New York-based company will initially book pretax charges of approximately $1 million, primarily for severance and related costs, all of which are expected to be expensed in the first quarter of 2023. The reorganization plan is expected to be "substantially completed" in the first half of 2023, according to the SEC filing.</p><h2>RingCentral</h2><p>RingCentral Inc. <a href=\"https://laohu8.com/S/RNG\">$(RNG)$</a> joined the list of tech companies making layoffs with the November announcement of a plan to cut 10% of its workforce as part of a broader push to cut costs amid a deteriorating economic environment. The cloud-based communications company's stock jumped on news of the layoffs and of RingCentral's third-quarter earnings, which beat analysts' expectations.</p><p>In October, RingCentral was added to the list of "zombie" stocks compiled by equity research firm New Constructs.</p><p>New Constructs, which uses machine learning and natural language processing to parse corporate filings and model economic earnings, described RingCentral as a "cash incinerator" at risk of declining to $0 per share.</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>PayPal Joins Google, Intel, Microsoft, Amazon and Other Major Companies Laying off Thousands of People</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPayPal Joins Google, Intel, Microsoft, Amazon and Other Major Companies Laying off Thousands of People\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-01 07:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>PayPal has joined IBM, SAP, Spotify, Google parent Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazon, Salesforce, HP, Roku, Beyond Meat, Meta and Twitter in announcing major layoffs in recent months.</p><p>More than 75,000 global technology-sector employees have been laid off in the first few weeks of 2023 alone, according to data compiled by the website Layoffs.fyi.</p><p>Here's a look at the list of big names across a number of sectors that have been cutting back their workforces.</p><h2>PayPal</h2><p>PayPal Holdings Inc. (PYPL) is cutting its global workforce by approximately 2,000 full-time employees, or 7% of the company's total workforce. Chief Executive Dan Schulman announced the layoffs in an email to employees. "These reductions will occur over the coming weeks, with some organizations impacted more than others," he wrote.</p><p>"While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do," Schulman said in the email. "We must continue to change as our world, our customers, and our competitive landscape evolve."</p><p>PayPal will continue to hire "strategically" this year, spokeswoman Amanda Miller told MarketWatch.</p><p>In August, PayPal announced a cost-cutting initiative, saying it was targeting at least $1.3 billion in cost savings during 2023.</p><h2>IBM</h2><p>International Business Machines Corp. <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a> is cutting 1% to 1.5% of its workforce. The cuts amount to about 3,900 employees, IBM Chief Financial Officer James Kavanaugh said in an interview with Bloomberg, which was the first to report the job cuts.</p><p>The layoffs were not mentioned on the conference call to discuss IBM's fourth-quarter results. A spokesman said the cuts were mostly related to a spinoff and the sale of IBM's Watson Health unit, resulting in a $300 million charge in the first quarter.</p><h2>SAP</h2><p>SAP (SAP.XE) is cutting almost 3,000 jobs amid a restructuring effort. When it announced its fourth-quarter results, the business-software maker said it is undertaking a "targeted" restructuring in 2023 focused on strategic growth areas and "accelerated cloud transformation."</p><p>The restructuring program will affect some 2,800 employees. At the end of 2022, the Walldorf, Germany-based company had 111,961 employees globally.</p><h2>Lam Research</h2><p>Silicon Foundry-equipment supplier Lam Research Corp. <a href=\"https://laohu8.com/S/LRCX\">$(LRCX)$</a> said it will cut its global workforce by 7%, or 1,300 employees, by the end of March. The cuts do not include a separate reduction to Lam Research's "temporary workforce" that saw 700 people being let go at the end of December.</p><p>The cuts came as Lam Research reported its results for the quarter ending Dec. 22, 2022. "Given the decline in wafer fabrication equipment spending expected in calendar year 2023, we are taking proactive steps to lower our cost structure and drive efficiencies across our global footprint, while preserving critical R&D," said CEO Tim Archer in a statement. "With these actions, Lam is focused on accelerating our strategic priorities to capitalize on the semiconductor industry's long-term growth prospects."</p><h2>Spotify</h2><p>In a filing with the Securities and Exchange Commission, Spotify Technology <a href=\"https://laohu8.com/S/SPOT\">$(SPOT)$</a> said it is reducing its workforce by about 6%, which translates to about 588 jobs.</p><p>Bloomberg News originally reported that the streaming music service was planning job cuts. At the end of the third quarter, Spotify had 9,808 full-time employees globally.</p><p>The Stockholm-based company estimates that it will incur approximately EUR35 million to EUR45 million ($38.1 million to $48.9 million) in severance-related charges.</p><p>The job cuts come after Spotify slowed its pace of hiring last year. Last June, Spotify CEO Daniel Ek told employees that the company would reduce its hiring by 25%, according to Bloomberg and CNBC reports. Spotify laid off at least 38 employees at its Gimlet and Parcast podcast units in October.</p><p>In recent years, Spotify has spent massive amounts on podcasts, which has weighed on the company's margins. The podcast spending has yet to deliver profits, although last year Ek predicted a meaningful increase in profitability in the next couple of years.</p><p>In its SEC filing, Spotify said that, as part of a broader reorganization, the company's chief content and advertising business officer, Dawn Ostroff, will depart.</p><h2>Google</h2><p>Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) has announced plans to cut approximately 12,000 jobs globally. In a blog post, Alphabet and Google CEO Sundar Pichai described the layoffs as "a difficult decision to set us up for the future."</p><p>"The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here," he added.</p><p>Like a number of other tech giants that have made layoffs recently, such as Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a>, Alphabet expanded to meet demand during the pandemic era but is now confronted with a different economic situation, Pichai said. "Over the past two years we've seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today."</p><p>At the end of September 2022, Alphabet had almost 187,000 employees, up from almost 164,000 employees at the end of March.</p><p>"As an almost 25-year-old company, we're bound to go through difficult economic cycles," Pichai said. "These are important moments to sharpen our focus, re-engineer our cost base, and direct our talent and capital to our highest priorities."</p><p>Echoing recent comments from Microsoft, Pichai also highlighted the importance of artificial intelligence. "Being constrained in some areas allows us to bet big on others," he said. "Pivoting the company to be AI-first years ago led to groundbreaking advances across our businesses and the whole industry."</p><p>The CEO said that the company is getting ready to share "some entirely new experiences" for users, developers and businesses. "We have a substantial opportunity in front of us with AI across our products and are prepared to approach it boldly and responsibly," he added.</p><p>Last year, a report in The Information said that Google was considering cutting 10,000 jobs. The company may employ a ranking system that would eliminate the lowest-ranked "poor-performing" employees, the report said.</p><p>"Earlier this year, we launched Googler Reviews and Development (GRAD) to help employee development, coaching, learning and career progression throughout the year," a Google spokesperson told MarketWatch in a statement at the time. "The new system helps establish clear expectations and provide employees with regular feedback."</p><h2>Intel</h2><p>Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> is slashing hundreds of jobs in Silicon Valley. The cuts add to layoffs that began late last year as part of previously announced job cutting.</p><p>According to filings with California's Employment Development Department, the chipmaker is is cutting 201 jobs at its offices in Santa Clara, Calif., which is home to Intel's headquarters, effective Jan. 31. In late December Intel reported 90 job cuts, during which the company confirmed that it also has put some manufacturing employees on unpaid leave.</p><p>The tech giant is also adding to the 111 job cuts previously announced in Folsom, Calif., at a campus dedicated to research and development. There are now 176 layoffs effective Jan. 31, and an additional 167 job cuts effective March 15.</p><p>Intel also expects more layoffs will be detailed in future filings.</p><p>In October, Intel announced plans for job cuts as it reported its third-quarter results. The chip maker said it was focused on driving $3 billion in cost reductions in 2023. "Inclusive in our efforts will be steps to optimize our headcount," Chief Executive Pat Gelsinger said during a conference call with analysts to discuss the third-quarter results.</p><p>The chipmaker had 121,000-plus employees worldwide at the end of 2021.</p><h2>Microsoft</h2><p>Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT.UK\">$(MSFT.UK)$</a> joined other tech giants in the layoffs spotlight when the software maker confirmed plans to cut about 10,000 positions.</p><p>"Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of [the third quarter of fiscal year 2023]," Microsoft CEO Satya Nadella wrote in a blog post on Jan. 18. "This represents less than 5 percent of our total employee base, with some notifications happening today."</p><p>Microsoft, he said, is aligning its cost structure with its revenue and with where the company sees customer demand. Nadella wrote that while customers had accelerated their digital spending during the pandemic, they are now looking to "optimize" their digital spending to do more with less. "We're also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one," he added.</p><p>The tech giant is taking a $1.2 billion charge in the second quarter related to severance costs, changes to its hardware portfolio and costs of lease consolidation as it creates higher density across its workspaces.</p><p>The layoffs did not come completely out of the blue. Earlier reports from Sky News and Bloomberg indicated that Microsoft was preparing to make cuts.</p><p>In the blog post, Nadella said that while Microsoft is eliminating roles in some areas, the company will continue to hire in key strategic areas. The CEO did not specify which areas will see hiring but did describe advances in artificial intelligence as "the next major wave of computing."</p><h2>Coinbase</h2><p>Coinbase Global Inc. <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>announced 950 job cuts in an attempt to cut costs.</p><p>"In 2022, the crypto market trended downwards along with the broader macroeconomy," said Coinbase CEO Brian Armstrong, in a message to employees on Jan. 10. "We also saw the fallout from unscrupulous actors in the industry, and there could still be further contagion."</p><p>The crypto exchange said it will book charges of about $149 million to $163 million for the cuts, divided between about $58 million to $68 million in cash charge relating to severance and $91 million to $95 million in stock-based compensation charges relating to the vesting of outstanding equity awards.</p><p>The job cuts follow the company's announcement in June that it would lay off 18% of its employees.</p><h2>Cisco</h2><p>Cisco Systems Inc. <a href=\"https://laohu8.com/S/CSCO\">$(CSCO)$</a> has begun previously announced layoffs, cutting nearly 700 jobs in Silicon Valley in December, according to filings with the state of California in January.</p><p>The layoffs span a number of departments at the networking giant and extend across various positions, including software and hardware engineering, program management, product design and marketing. According to the state filings, the number of employees at the company's San Jose, Calif., headquarters who are affected totals 371, while 222 jobs are being cut in nearby Milpitas and 80 are being cut in Cisco's San Francisco office. The notices said employees were notified in early December and were given a choice of an effective termination date of either Feb. 1 or March 13.</p><p>In November, Cisco announced it was planning a "limited business restructuring" that will adjust the networking giant's real-estate portfolio and affect about 5% of its 80,000-strong global workforce, or some 4,000 people.</p><p>"This is about rebalancing across the board," said Cisco Chief Financial Officer Scott Herren at the time, adding that as many jobs will be added as reduced.</p><p>"Our goal is to minimize the number of people who end up having to leave," Herren told MarketWatch. "We will match as many with new roles at the company as we can. This is not about reducing our workforce. In fact, we'll have roughly the same number of employees at the end of this fiscal year as we had when we started."</p><h2>Amazon</h2><p>Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> kicked off the New Year by confirming more than 18,000 job cuts, more than originally expected. "Between the reductions we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles," Amazon CEO Andy Jassy wrote in a letter to employees on Jan. 4. "Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT [People <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> and Technology Solutions] organizations."</p><p>"Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so," Jassy added. "These changes will help us pursue our long-term opportunities with a stronger cost structure; however, I'm also optimistic that we'll be inventive, resourceful, and scrappy in this time when we're not hiring expansively and [are] eliminating some roles."</p><p>Amazon subsequently filed notices of more than 3,000 job cuts in New York, California and the company's home state of Washington, as required by law.</p><p>Last year the e-commerce giant confirmed plans to lay off workers in its devices and services business. At that time, The Wall Street Journal reported that Amazon could eventually cut about 10,000 jobs.</p><p>Analysts at Morgan Stanley are looking for Amazon and other tech companies to continue reining in costs.</p><h2>Salesforce</h2><p>Salesforce Inc. <a href=\"https://laohu8.com/S/CRM\">$(CRM)$</a> will lay off 10% of its workforce as part of a restructuring plan.</p><p>The San Francisco-based company announced the layoffs in a filing with the Securities and Exchange Commission on Jan. 4. In addition to the job cuts, Salesforce plans to exit some real estate and reduce office space.</p><p>The restructuring plan is intended to reduce operating costs, improve operating margins and continue advancing Salesforce's commitment to "profitable growth," the company said in the filing.</p><p>Salesforce estimates that it will incur approximately $1.4 billion to $2.1 billion in charges in connection with the restructuring plan, of which approximately $800 million to $1 billion is expected to be incurred in the fourth quarter of fiscal 2023.</p><p>Most of the layoffs will be made in the coming weeks, Salesforce CEO Marc Benioff said in a letter to employees that was also filed with the SEC.</p><p>The Salesforce chief said that the company grew too quickly for the current environment. "I've been thinking a lot about how we came to this moment," he wrote. "As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we're now facing, and I take responsibility for that."</p><p>Last year, Salesforce laid off hundreds of employees from its sales team, according to news reports, as the tech sector as a whole wrestled with a challenging economic environment. "Our sales performance process drives accountability," said a Salesforce spokesperson in a statement emailed to MarketWatch in November. "Unfortunately, that can lead to some leaving the business, and we support them through their transition."</p><p>As of February 2022, the company, which provides customer-relationship-management software, had over 78,000 employees globally.</p><h2>HP</h2><p>In November, HP Inc. <a href=\"https://laohu8.com/S/HPQ\">$(HPQ)$</a> executives announced plans to cut up to 10% of the company's workforce amid what CEO Enrique Lores described as "a volatile macro environment and softening demand in the second half, with a slowdown on the commercial side."</p><p>"Companies are delaying their refresh [sales] cycle," Lores told MarketWatch in an interview ahead of the public release of the company's fourth-quarter results.</p><p>HP is launching a three-year workforce-reduction plan meant to shed 4,000 to 6,000 jobs, according to Lores, with more than half of the roughly $1 billion in restructuring costs expected to be realized in the new fiscal year.</p><h2>Roku</h2><p><a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>. (ROKU)announced in November that it would cut about 5% of its workforce amid a challenging advertising landscape.</p><p>"Due to the current economic conditions in our industry, we have made the difficult decision to reduce Roku's headcount expenses by a projected 5%, to slow down our [operating-expense] growth rate," the company said in a brief statement, noting that about 200 positions in the U.S. would be affected. "Taking these actions now will allow us to focus our investments on key strategic priorities to drive future growth and enhance our leadership position," the statement said.</p><p>In a filing with the Securities and Exchange Commission, Roku said it anticipated charges of about $28 million to $31 million related to the job cuts, mainly stemming from severance payments, notice pay, employee benefits and other costs. The company expected to take the bulk of those charges in the fourth quarter of 2022. Implementation of the workforce reductions will be mostly complete by the end of the first quarter of 2023, it said.</p><h2>Kaltura</h2><p>Video software company Kaltura Inc. <a href=\"https://laohu8.com/S/KLTR\">$(KLTR)$</a> said Jan. 4 it's planning to reduce its workforce by about 11%.</p><p>In a filing with the Securities and Exchange Commission, Kaltura said its reorganization plan aims to increase efficiency and productivity in response to the current macroeconomic climate. "The plan's main objectives are to position the company for lower demand, spend, and available budgets across the company's market segments, align the company's business strategy in light of these market conditions and support the company's growth initiatives and return path to profitability," it said.</p><p>On an annualized basis, the total cost reduction from Kaltura's downsizing is expected to be approximately $16 million.</p><p>The New York-based company will initially book pretax charges of approximately $1 million, primarily for severance and related costs, all of which are expected to be expensed in the first quarter of 2023. The reorganization plan is expected to be "substantially completed" in the first half of 2023, according to the SEC filing.</p><h2>RingCentral</h2><p>RingCentral Inc. <a href=\"https://laohu8.com/S/RNG\">$(RNG)$</a> joined the list of tech companies making layoffs with the November announcement of a plan to cut 10% of its workforce as part of a broader push to cut costs amid a deteriorating economic environment. The cloud-based communications company's stock jumped on news of the layoffs and of RingCentral's third-quarter earnings, which beat analysts' expectations.</p><p>In October, RingCentral was added to the list of "zombie" stocks compiled by equity research firm New Constructs.</p><p>New Constructs, which uses machine learning and natural language processing to parse corporate filings and model economic earnings, described RingCentral as a "cash incinerator" at risk of declining to $0 per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","META":"Meta Platforms, Inc.","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1548497426.USD":"安联环球人工智能AT Acc","BK4532":"文艺复兴科技持仓","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0354030511.USD":"ALLSPRING U.S. LARGE CAP GROWTH \"I\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","BK4567":"ESG概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","BK4507":"流媒体概念","SG9999014906.USD":"大华全球优质成长基金Acc USD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","ADBE":"Adobe","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4525":"远程办公概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","GOOG":"谷歌","BK4508":"社交媒体","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","SAP":"SAP SE","BK4116":"互联网服务与基础架构","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK4503":"景林资产持仓","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","PYPL":"PayPal","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","BK4505":"高瓴资本持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","RNG":"Ringcentral Inc.","BK4512":"苹果概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308725096","content_text":"PayPal has joined IBM, SAP, Spotify, Google parent Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazon, Salesforce, HP, Roku, Beyond Meat, Meta and Twitter in announcing major layoffs in recent months.More than 75,000 global technology-sector employees have been laid off in the first few weeks of 2023 alone, according to data compiled by the website Layoffs.fyi.Here's a look at the list of big names across a number of sectors that have been cutting back their workforces.PayPalPayPal Holdings Inc. (PYPL) is cutting its global workforce by approximately 2,000 full-time employees, or 7% of the company's total workforce. Chief Executive Dan Schulman announced the layoffs in an email to employees. \"These reductions will occur over the coming weeks, with some organizations impacted more than others,\" he wrote.\"While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do,\" Schulman said in the email. \"We must continue to change as our world, our customers, and our competitive landscape evolve.\"PayPal will continue to hire \"strategically\" this year, spokeswoman Amanda Miller told MarketWatch.In August, PayPal announced a cost-cutting initiative, saying it was targeting at least $1.3 billion in cost savings during 2023.IBMInternational Business Machines Corp. $(IBM)$ is cutting 1% to 1.5% of its workforce. The cuts amount to about 3,900 employees, IBM Chief Financial Officer James Kavanaugh said in an interview with Bloomberg, which was the first to report the job cuts.The layoffs were not mentioned on the conference call to discuss IBM's fourth-quarter results. A spokesman said the cuts were mostly related to a spinoff and the sale of IBM's Watson Health unit, resulting in a $300 million charge in the first quarter.SAPSAP (SAP.XE) is cutting almost 3,000 jobs amid a restructuring effort. When it announced its fourth-quarter results, the business-software maker said it is undertaking a \"targeted\" restructuring in 2023 focused on strategic growth areas and \"accelerated cloud transformation.\"The restructuring program will affect some 2,800 employees. At the end of 2022, the Walldorf, Germany-based company had 111,961 employees globally.Lam ResearchSilicon Foundry-equipment supplier Lam Research Corp. $(LRCX)$ said it will cut its global workforce by 7%, or 1,300 employees, by the end of March. The cuts do not include a separate reduction to Lam Research's \"temporary workforce\" that saw 700 people being let go at the end of December.The cuts came as Lam Research reported its results for the quarter ending Dec. 22, 2022. \"Given the decline in wafer fabrication equipment spending expected in calendar year 2023, we are taking proactive steps to lower our cost structure and drive efficiencies across our global footprint, while preserving critical R&D,\" said CEO Tim Archer in a statement. \"With these actions, Lam is focused on accelerating our strategic priorities to capitalize on the semiconductor industry's long-term growth prospects.\"SpotifyIn a filing with the Securities and Exchange Commission, Spotify Technology $(SPOT)$ said it is reducing its workforce by about 6%, which translates to about 588 jobs.Bloomberg News originally reported that the streaming music service was planning job cuts. At the end of the third quarter, Spotify had 9,808 full-time employees globally.The Stockholm-based company estimates that it will incur approximately EUR35 million to EUR45 million ($38.1 million to $48.9 million) in severance-related charges.The job cuts come after Spotify slowed its pace of hiring last year. Last June, Spotify CEO Daniel Ek told employees that the company would reduce its hiring by 25%, according to Bloomberg and CNBC reports. Spotify laid off at least 38 employees at its Gimlet and Parcast podcast units in October.In recent years, Spotify has spent massive amounts on podcasts, which has weighed on the company's margins. The podcast spending has yet to deliver profits, although last year Ek predicted a meaningful increase in profitability in the next couple of years.In its SEC filing, Spotify said that, as part of a broader reorganization, the company's chief content and advertising business officer, Dawn Ostroff, will depart.GoogleGoogle parent Alphabet Inc. $(GOOGL)$(GOOGL) has announced plans to cut approximately 12,000 jobs globally. In a blog post, Alphabet and Google CEO Sundar Pichai described the layoffs as \"a difficult decision to set us up for the future.\"\"The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here,\" he added.Like a number of other tech giants that have made layoffs recently, such as Microsoft Corp. $(MSFT)$ and Meta Platforms Inc. $(META.UK)$, Alphabet expanded to meet demand during the pandemic era but is now confronted with a different economic situation, Pichai said. \"Over the past two years we've seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today.\"At the end of September 2022, Alphabet had almost 187,000 employees, up from almost 164,000 employees at the end of March.\"As an almost 25-year-old company, we're bound to go through difficult economic cycles,\" Pichai said. \"These are important moments to sharpen our focus, re-engineer our cost base, and direct our talent and capital to our highest priorities.\"Echoing recent comments from Microsoft, Pichai also highlighted the importance of artificial intelligence. \"Being constrained in some areas allows us to bet big on others,\" he said. \"Pivoting the company to be AI-first years ago led to groundbreaking advances across our businesses and the whole industry.\"The CEO said that the company is getting ready to share \"some entirely new experiences\" for users, developers and businesses. \"We have a substantial opportunity in front of us with AI across our products and are prepared to approach it boldly and responsibly,\" he added.Last year, a report in The Information said that Google was considering cutting 10,000 jobs. The company may employ a ranking system that would eliminate the lowest-ranked \"poor-performing\" employees, the report said.\"Earlier this year, we launched Googler Reviews and Development (GRAD) to help employee development, coaching, learning and career progression throughout the year,\" a Google spokesperson told MarketWatch in a statement at the time. \"The new system helps establish clear expectations and provide employees with regular feedback.\"IntelIntel Corp. $(INTC)$ is slashing hundreds of jobs in Silicon Valley. The cuts add to layoffs that began late last year as part of previously announced job cutting.According to filings with California's Employment Development Department, the chipmaker is is cutting 201 jobs at its offices in Santa Clara, Calif., which is home to Intel's headquarters, effective Jan. 31. In late December Intel reported 90 job cuts, during which the company confirmed that it also has put some manufacturing employees on unpaid leave.The tech giant is also adding to the 111 job cuts previously announced in Folsom, Calif., at a campus dedicated to research and development. There are now 176 layoffs effective Jan. 31, and an additional 167 job cuts effective March 15.Intel also expects more layoffs will be detailed in future filings.In October, Intel announced plans for job cuts as it reported its third-quarter results. The chip maker said it was focused on driving $3 billion in cost reductions in 2023. \"Inclusive in our efforts will be steps to optimize our headcount,\" Chief Executive Pat Gelsinger said during a conference call with analysts to discuss the third-quarter results.The chipmaker had 121,000-plus employees worldwide at the end of 2021.MicrosoftMicrosoft Corp. $(MSFT.UK)$ joined other tech giants in the layoffs spotlight when the software maker confirmed plans to cut about 10,000 positions.\"Today, we are making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of [the third quarter of fiscal year 2023],\" Microsoft CEO Satya Nadella wrote in a blog post on Jan. 18. \"This represents less than 5 percent of our total employee base, with some notifications happening today.\"Microsoft, he said, is aligning its cost structure with its revenue and with where the company sees customer demand. Nadella wrote that while customers had accelerated their digital spending during the pandemic, they are now looking to \"optimize\" their digital spending to do more with less. \"We're also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one,\" he added.The tech giant is taking a $1.2 billion charge in the second quarter related to severance costs, changes to its hardware portfolio and costs of lease consolidation as it creates higher density across its workspaces.The layoffs did not come completely out of the blue. Earlier reports from Sky News and Bloomberg indicated that Microsoft was preparing to make cuts.In the blog post, Nadella said that while Microsoft is eliminating roles in some areas, the company will continue to hire in key strategic areas. The CEO did not specify which areas will see hiring but did describe advances in artificial intelligence as \"the next major wave of computing.\"CoinbaseCoinbase Global Inc. $(COIN)$announced 950 job cuts in an attempt to cut costs.\"In 2022, the crypto market trended downwards along with the broader macroeconomy,\" said Coinbase CEO Brian Armstrong, in a message to employees on Jan. 10. \"We also saw the fallout from unscrupulous actors in the industry, and there could still be further contagion.\"The crypto exchange said it will book charges of about $149 million to $163 million for the cuts, divided between about $58 million to $68 million in cash charge relating to severance and $91 million to $95 million in stock-based compensation charges relating to the vesting of outstanding equity awards.The job cuts follow the company's announcement in June that it would lay off 18% of its employees.CiscoCisco Systems Inc. $(CSCO)$ has begun previously announced layoffs, cutting nearly 700 jobs in Silicon Valley in December, according to filings with the state of California in January.The layoffs span a number of departments at the networking giant and extend across various positions, including software and hardware engineering, program management, product design and marketing. According to the state filings, the number of employees at the company's San Jose, Calif., headquarters who are affected totals 371, while 222 jobs are being cut in nearby Milpitas and 80 are being cut in Cisco's San Francisco office. The notices said employees were notified in early December and were given a choice of an effective termination date of either Feb. 1 or March 13.In November, Cisco announced it was planning a \"limited business restructuring\" that will adjust the networking giant's real-estate portfolio and affect about 5% of its 80,000-strong global workforce, or some 4,000 people.\"This is about rebalancing across the board,\" said Cisco Chief Financial Officer Scott Herren at the time, adding that as many jobs will be added as reduced.\"Our goal is to minimize the number of people who end up having to leave,\" Herren told MarketWatch. \"We will match as many with new roles at the company as we can. This is not about reducing our workforce. In fact, we'll have roughly the same number of employees at the end of this fiscal year as we had when we started.\"AmazonAmazon.com Inc. $(AMZN)$ kicked off the New Year by confirming more than 18,000 job cuts, more than originally expected. \"Between the reductions we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles,\" Amazon CEO Andy Jassy wrote in a letter to employees on Jan. 4. \"Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT [People Experience and Technology Solutions] organizations.\"\"Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so,\" Jassy added. \"These changes will help us pursue our long-term opportunities with a stronger cost structure; however, I'm also optimistic that we'll be inventive, resourceful, and scrappy in this time when we're not hiring expansively and [are] eliminating some roles.\"Amazon subsequently filed notices of more than 3,000 job cuts in New York, California and the company's home state of Washington, as required by law.Last year the e-commerce giant confirmed plans to lay off workers in its devices and services business. At that time, The Wall Street Journal reported that Amazon could eventually cut about 10,000 jobs.Analysts at Morgan Stanley are looking for Amazon and other tech companies to continue reining in costs.SalesforceSalesforce Inc. $(CRM)$ will lay off 10% of its workforce as part of a restructuring plan.The San Francisco-based company announced the layoffs in a filing with the Securities and Exchange Commission on Jan. 4. In addition to the job cuts, Salesforce plans to exit some real estate and reduce office space.The restructuring plan is intended to reduce operating costs, improve operating margins and continue advancing Salesforce's commitment to \"profitable growth,\" the company said in the filing.Salesforce estimates that it will incur approximately $1.4 billion to $2.1 billion in charges in connection with the restructuring plan, of which approximately $800 million to $1 billion is expected to be incurred in the fourth quarter of fiscal 2023.Most of the layoffs will be made in the coming weeks, Salesforce CEO Marc Benioff said in a letter to employees that was also filed with the SEC.The Salesforce chief said that the company grew too quickly for the current environment. \"I've been thinking a lot about how we came to this moment,\" he wrote. \"As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we're now facing, and I take responsibility for that.\"Last year, Salesforce laid off hundreds of employees from its sales team, according to news reports, as the tech sector as a whole wrestled with a challenging economic environment. \"Our sales performance process drives accountability,\" said a Salesforce spokesperson in a statement emailed to MarketWatch in November. \"Unfortunately, that can lead to some leaving the business, and we support them through their transition.\"As of February 2022, the company, which provides customer-relationship-management software, had over 78,000 employees globally.HPIn November, HP Inc. $(HPQ)$ executives announced plans to cut up to 10% of the company's workforce amid what CEO Enrique Lores described as \"a volatile macro environment and softening demand in the second half, with a slowdown on the commercial side.\"\"Companies are delaying their refresh [sales] cycle,\" Lores told MarketWatch in an interview ahead of the public release of the company's fourth-quarter results.HP is launching a three-year workforce-reduction plan meant to shed 4,000 to 6,000 jobs, according to Lores, with more than half of the roughly $1 billion in restructuring costs expected to be realized in the new fiscal year.RokuRoku Inc. (ROKU)announced in November that it would cut about 5% of its workforce amid a challenging advertising landscape.\"Due to the current economic conditions in our industry, we have made the difficult decision to reduce Roku's headcount expenses by a projected 5%, to slow down our [operating-expense] growth rate,\" the company said in a brief statement, noting that about 200 positions in the U.S. would be affected. \"Taking these actions now will allow us to focus our investments on key strategic priorities to drive future growth and enhance our leadership position,\" the statement said.In a filing with the Securities and Exchange Commission, Roku said it anticipated charges of about $28 million to $31 million related to the job cuts, mainly stemming from severance payments, notice pay, employee benefits and other costs. The company expected to take the bulk of those charges in the fourth quarter of 2022. Implementation of the workforce reductions will be mostly complete by the end of the first quarter of 2023, it said.KalturaVideo software company Kaltura Inc. $(KLTR)$ said Jan. 4 it's planning to reduce its workforce by about 11%.In a filing with the Securities and Exchange Commission, Kaltura said its reorganization plan aims to increase efficiency and productivity in response to the current macroeconomic climate. \"The plan's main objectives are to position the company for lower demand, spend, and available budgets across the company's market segments, align the company's business strategy in light of these market conditions and support the company's growth initiatives and return path to profitability,\" it said.On an annualized basis, the total cost reduction from Kaltura's downsizing is expected to be approximately $16 million.The New York-based company will initially book pretax charges of approximately $1 million, primarily for severance and related costs, all of which are expected to be expensed in the first quarter of 2023. The reorganization plan is expected to be \"substantially completed\" in the first half of 2023, according to the SEC filing.RingCentralRingCentral Inc. $(RNG)$ joined the list of tech companies making layoffs with the November announcement of a plan to cut 10% of its workforce as part of a broader push to cut costs amid a deteriorating economic environment. The cloud-based communications company's stock jumped on news of the layoffs and of RingCentral's third-quarter earnings, which beat analysts' expectations.In October, RingCentral was added to the list of \"zombie\" stocks compiled by equity research firm New Constructs.New Constructs, which uses machine learning and natural language processing to parse corporate filings and model economic earnings, described RingCentral as a \"cash incinerator\" at risk of declining to $0 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":862,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955982748,"gmtCreate":1675137291485,"gmtModify":1676538978822,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955982748","repostId":"1192867920","repostType":4,"repost":{"id":"1192867920","kind":"news","pubTimestamp":1675135825,"share":"https://ttm.financial/m/news/1192867920?lang=&edition=full_marsco","pubTime":"2023-01-31 11:30","market":"hk","language":"en","title":"Most Hong Kong Stocks Decline As Traders Await More China Recovery Signals, Fed Policy Action","url":"https://stock-news.laohu8.com/highlight/detail?id=1192867920","media":"South China Morning Post","summary":"China’s official PMI manufacturing index rose to 50.1 in January, ending a three months of contracti","content":"<html><head></head><body><ul><li>China’s official PMI manufacturing index rose to 50.1 in January, ending a three months of contraction, according to the statistics bureau</li><li>Morgan Stanley reiterates buy-the-dip call after the Hang Seng Index slumped on Monday amid concerns about rapid, excessive gains this year</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a753ecb6dbee4e8c06f26eaacff15108\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\"/><span>People walk through the Exchange Square in Central, Hong Kong in October 2022. Photo: AFP</span></p><p>Most Hong Kong stocks declined as traders await more recovery signals in the Chinese economy amid worries about another interest-rate hike by the Federal Reserve later this week. BYD jumped after the electric-car maker projected a record quarterly earnings.</p><p>The Hang Seng Index fell 0.7 per cent to 21,915.05 as of 11.10am local time, after rising as much as 1 per cent. The index slumped almost 3 per cent on Monday. The Tech Index retreated 1 per cent, while the Shanghai Composite Index lost 0.3 per cent.</p><p>Alibaba Group fell 1.1 per cent to HK$107.70 while Tencent Holdings tumbled 2.4 per cent to HK$378 while JD.com lost 2.2 per cent to HK$232.20. Wuxi Biologics dropped 2.8 per cent to HK$65.15 and Sunny Optical Technology slipped 1.8 per cent to HK$106.80.</p><p>“The market has been running a bit hard in the short term,” said Willer Chen, senior analyst at Forsyth Barr Asia in Hong Kong. “Some stocks may not see much room for further gain before real fundamental recovery” is established, he added. “More proof of consumption and property recovery could boost investor confidence.”</p><p>Stocks weakened despite a government report showing the official PMI manufacturing index rising to 50.1 from a three-year-low in December, China’s statistics bureau said on Tuesday.</p><p>The Fed holds its first policy meeting of the year this week and is likely to continue hiking this year to slow down inflation, despite expectations for a downshift, according to market consensus.</p><p>The Hang Seng wavered earlier this week after a three-month rally lifted the city’s benchmark index to an 11-month high. January’s advance alone has amounted to more than 12 per cent, the index’s best start to a year since 1996, as the city’s stock market regained almost US$400 billion of capitalisation.</p><p>“We stay overweight on Chinese equities given the on-track macro recovery,” Morgan Stanley strategist Laura Wang said in a research note on Tuesday. The investment bank sees the market pullback as an opportunity to buy the dip, she added.</p><p>Elsewhere, car maker BYD rose to the highest level in five months. The carmaker said it expects 2022 earnings to reach as high as 17 billion yuan (US$2.52 billion) on record sales, according to an exchange filing. That suggests its fourth-quarter earnings could jump by 13 times to a record 7.7 billion yuan.</p></body></html>","source":"lsy1600132093512","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>Most Hong Kong Stocks Decline As Traders Await More China Recovery Signals, Fed Policy Action</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\">\nMost Hong Kong Stocks Decline As Traders Await More China Recovery Signals, Fed Policy Action\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-31 11:30 GMT+8 <a href=https://www.scmp.com/business/china-business/article/3208543/most-hong-kong-stocks-decline-traders-await-more-china-recovery-signals-fed-policy-action><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China’s official PMI manufacturing index rose to 50.1 in January, ending a three months of contraction, according to the statistics bureauMorgan Stanley reiterates buy-the-dip call after the Hang Seng...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3208543/most-hong-kong-stocks-decline-traders-await-more-china-recovery-signals-fed-policy-action\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSTECH":"恒生科技指数","HSCEI":"国企指数","HSI":"恒生指数"},"source_url":"https://www.scmp.com/business/china-business/article/3208543/most-hong-kong-stocks-decline-traders-await-more-china-recovery-signals-fed-policy-action","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192867920","content_text":"China’s official PMI manufacturing index rose to 50.1 in January, ending a three months of contraction, according to the statistics bureauMorgan Stanley reiterates buy-the-dip call after the Hang Seng Index slumped on Monday amid concerns about rapid, excessive gains this yearPeople walk through the Exchange Square in Central, Hong Kong in October 2022. Photo: AFPMost Hong Kong stocks declined as traders await more recovery signals in the Chinese economy amid worries about another interest-rate hike by the Federal Reserve later this week. BYD jumped after the electric-car maker projected a record quarterly earnings.The Hang Seng Index fell 0.7 per cent to 21,915.05 as of 11.10am local time, after rising as much as 1 per cent. The index slumped almost 3 per cent on Monday. The Tech Index retreated 1 per cent, while the Shanghai Composite Index lost 0.3 per cent.Alibaba Group fell 1.1 per cent to HK$107.70 while Tencent Holdings tumbled 2.4 per cent to HK$378 while JD.com lost 2.2 per cent to HK$232.20. Wuxi Biologics dropped 2.8 per cent to HK$65.15 and Sunny Optical Technology slipped 1.8 per cent to HK$106.80.“The market has been running a bit hard in the short term,” said Willer Chen, senior analyst at Forsyth Barr Asia in Hong Kong. “Some stocks may not see much room for further gain before real fundamental recovery” is established, he added. “More proof of consumption and property recovery could boost investor confidence.”Stocks weakened despite a government report showing the official PMI manufacturing index rising to 50.1 from a three-year-low in December, China’s statistics bureau said on Tuesday.The Fed holds its first policy meeting of the year this week and is likely to continue hiking this year to slow down inflation, despite expectations for a downshift, according to market consensus.The Hang Seng wavered earlier this week after a three-month rally lifted the city’s benchmark index to an 11-month high. January’s advance alone has amounted to more than 12 per cent, the index’s best start to a year since 1996, as the city’s stock market regained almost US$400 billion of capitalisation.“We stay overweight on Chinese equities given the on-track macro recovery,” Morgan Stanley strategist Laura Wang said in a research note on Tuesday. The investment bank sees the market pullback as an opportunity to buy the dip, she added.Elsewhere, car maker BYD rose to the highest level in five months. The carmaker said it expects 2022 earnings to reach as high as 17 billion yuan (US$2.52 billion) on record sales, according to an exchange filing. That suggests its fourth-quarter earnings could jump by 13 times to a record 7.7 billion yuan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952743825,"gmtCreate":1675037721768,"gmtModify":1676538970719,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Great one! Tiger platform is the best! ","listText":"Great one! Tiger platform is the best! ","text":"Great one! Tiger platform is the best!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952743825","isVote":1,"tweetType":1,"viewCount":770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952743183,"gmtCreate":1675037660542,"gmtModify":1676538970719,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"title":"Best platform ","htmlText":"Such a wonderful platform to trade! ","listText":"Such a wonderful platform to trade! ","text":"Such a wonderful platform to trade!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952743183","isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952719419,"gmtCreate":1674963259631,"gmtModify":1676538968477,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"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/9952719419","repostId":"1163548032","repostType":4,"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952494504,"gmtCreate":1674868190709,"gmtModify":1676538963335,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"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/9952494504","repostId":"2306401994","repostType":4,"repost":{"id":"2306401994","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1674864403,"share":"https://ttm.financial/m/news/2306401994?lang=&edition=full_marsco","pubTime":"2023-01-28 08:06","market":"us","language":"en","title":"The S&P 500 Is Nearing Its First \"Golden Cross\" in More Than 2 Years. What Does That Portend for Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=2306401994","media":"Dow Jones","summary":"The S&P 500 is on the verge of achieving its first \"golden cross\" in two-and-a-half years, but that ","content":"<html><head></head><body><p>The S&P 500 is on the verge of achieving its first "golden cross" in two-and-a-half years, but that doesn't mean stocks are destined for more gains over the coming year.</p><p>The golden-cross indicator is used by technical analysts as a sign that a particular upward trend in markets or currencies is gaining momentum. Barring a massive selloff in stocks, the S&P 500's 50-day moving average should cross its 200-day moving average in a matter of days.</p><p>If it happens, it would mark the first such event since July, 2020, according to FactSet data. Data show it often does precede further gains for stocks over the following six months, or a year, but not always.</p><p>The S&P 500 has seen 52 golden crosses since 1930, according to Dow Jones Market Data, which used back-tested data to account for the index's performance prior to its creation in 1957. In that time, stocks were trading higher one year later 71% of the time.</p><p>But there have been some notable exceptions during periods of heightened volatility.</p><p>The S&P 500 declined during the 12 months that followed the golden cross that occurred on April 1, 2019, according to Dow Jones Market Data. This happened again in 1999 as the dot-com bubble burst, and also following a golden cross that occurred in1986, preceding the "Black Monday" crash.</p><p>The Dow Jones Industrial Average achieved its most recent golden cross back in December and stocks have since moved higher.</p><p>Technical analysts who spoke with MarketWatch said that while the golden cross can be a helpful sign that a given trend probably has more room to run, it helps to look for other signs as well.</p><p>"The way we think about it is all big rallies start with a golden cross, but not all golden crosses lead to a big rally. It's just one piece of the puzzle," said Ari Wald, head of technical analysis at Oppenheimer.</p><p>See: U.S. stocks flash rare bull-market signal for first time in nearly 3 years, but some have their doubts</p><p>There have been some other encouraging signs that U.S. stocks could be headed for a lasting turnaround. One example Wald cited was the so-called advance-decline line, which recently reached a new cycle high.</p><p>According to technical analysts, that's a measure of market breadth which shows whether the major equity index's gains are being powered by a broad range of stocks, or a handful.</p><p>The advance-decline line hit 2.2 on Thursday, its highest level in nearly a year.</p><p>The fact that cyclical sectors like technology and consumer discretionary are among the best performers since the start of the year is another encouraging sign, according to Wald.</p><p>FactSet data show that communication services, consumer discretionary and information technology are the three best-performing sectors of the S&P 500 so far this year, with communications services up more than 15% since Jan. 1.</p><p>However, with so much uncertainty about monetary policy and the macroeconomic outlook, some analysts doubt that the stock-market will simply return to business as usual so quickly, even as inflation has moderated over the past six months, taking some of the pressure off the Federal Reserve to continue to raise interest rates.</p><p>One analysts warned that traders who are hungry for confirmation that the market sell-off of 2022 is indeed over should approach indicators like the golden cross with trepidation, despite its historical record.</p><p>"In the past 20 years there have been more secular trends, and the golden crosses have worked," said Will Tamplin, senior analyst at Fairlead Strategies. "But in an environment that's a little more choppy, you can get the whipsaws. "</p><p>The S&P 500 and SPDR S&P 500 exchange-traded fund <a href=\"https://laohu8.com/S/SPY\">$(SPY)$</a> touched new intraday highs for the year on Friday, while the Nasdaq Composite briefly traded at its highest level since September. The Dow Jones Industrial Average is on track for a weekly gain of more than 2.3%, what would be its best such performance since November.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The S&P 500 Is Nearing Its First \"Golden Cross\" in More Than 2 Years. What Does That Portend for 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\">\nThe S&P 500 Is Nearing Its First \"Golden Cross\" in More Than 2 Years. What Does That Portend for Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-01-28 08:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The S&P 500 is on the verge of achieving its first "golden cross" in two-and-a-half years, but that doesn't mean stocks are destined for more gains over the coming year.</p><p>The golden-cross indicator is used by technical analysts as a sign that a particular upward trend in markets or currencies is gaining momentum. Barring a massive selloff in stocks, the S&P 500's 50-day moving average should cross its 200-day moving average in a matter of days.</p><p>If it happens, it would mark the first such event since July, 2020, according to FactSet data. Data show it often does precede further gains for stocks over the following six months, or a year, but not always.</p><p>The S&P 500 has seen 52 golden crosses since 1930, according to Dow Jones Market Data, which used back-tested data to account for the index's performance prior to its creation in 1957. In that time, stocks were trading higher one year later 71% of the time.</p><p>But there have been some notable exceptions during periods of heightened volatility.</p><p>The S&P 500 declined during the 12 months that followed the golden cross that occurred on April 1, 2019, according to Dow Jones Market Data. This happened again in 1999 as the dot-com bubble burst, and also following a golden cross that occurred in1986, preceding the "Black Monday" crash.</p><p>The Dow Jones Industrial Average achieved its most recent golden cross back in December and stocks have since moved higher.</p><p>Technical analysts who spoke with MarketWatch said that while the golden cross can be a helpful sign that a given trend probably has more room to run, it helps to look for other signs as well.</p><p>"The way we think about it is all big rallies start with a golden cross, but not all golden crosses lead to a big rally. It's just one piece of the puzzle," said Ari Wald, head of technical analysis at Oppenheimer.</p><p>See: U.S. stocks flash rare bull-market signal for first time in nearly 3 years, but some have their doubts</p><p>There have been some other encouraging signs that U.S. stocks could be headed for a lasting turnaround. One example Wald cited was the so-called advance-decline line, which recently reached a new cycle high.</p><p>According to technical analysts, that's a measure of market breadth which shows whether the major equity index's gains are being powered by a broad range of stocks, or a handful.</p><p>The advance-decline line hit 2.2 on Thursday, its highest level in nearly a year.</p><p>The fact that cyclical sectors like technology and consumer discretionary are among the best performers since the start of the year is another encouraging sign, according to Wald.</p><p>FactSet data show that communication services, consumer discretionary and information technology are the three best-performing sectors of the S&P 500 so far this year, with communications services up more than 15% since Jan. 1.</p><p>However, with so much uncertainty about monetary policy and the macroeconomic outlook, some analysts doubt that the stock-market will simply return to business as usual so quickly, even as inflation has moderated over the past six months, taking some of the pressure off the Federal Reserve to continue to raise interest rates.</p><p>One analysts warned that traders who are hungry for confirmation that the market sell-off of 2022 is indeed over should approach indicators like the golden cross with trepidation, despite its historical record.</p><p>"In the past 20 years there have been more secular trends, and the golden crosses have worked," said Will Tamplin, senior analyst at Fairlead Strategies. "But in an environment that's a little more choppy, you can get the whipsaws. "</p><p>The S&P 500 and SPDR S&P 500 exchange-traded fund <a href=\"https://laohu8.com/S/SPY\">$(SPY)$</a> touched new intraday highs for the year on Friday, while the Nasdaq Composite briefly traded at its highest level since September. The Dow Jones Industrial Average is on track for a weekly gain of more than 2.3%, what would be its best such performance since November.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","SPY":"标普500ETF","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","OEX":"标普100",".SPX":"S&P 500 Index","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306401994","content_text":"The S&P 500 is on the verge of achieving its first \"golden cross\" in two-and-a-half years, but that doesn't mean stocks are destined for more gains over the coming year.The golden-cross indicator is used by technical analysts as a sign that a particular upward trend in markets or currencies is gaining momentum. Barring a massive selloff in stocks, the S&P 500's 50-day moving average should cross its 200-day moving average in a matter of days.If it happens, it would mark the first such event since July, 2020, according to FactSet data. Data show it often does precede further gains for stocks over the following six months, or a year, but not always.The S&P 500 has seen 52 golden crosses since 1930, according to Dow Jones Market Data, which used back-tested data to account for the index's performance prior to its creation in 1957. In that time, stocks were trading higher one year later 71% of the time.But there have been some notable exceptions during periods of heightened volatility.The S&P 500 declined during the 12 months that followed the golden cross that occurred on April 1, 2019, according to Dow Jones Market Data. This happened again in 1999 as the dot-com bubble burst, and also following a golden cross that occurred in1986, preceding the \"Black Monday\" crash.The Dow Jones Industrial Average achieved its most recent golden cross back in December and stocks have since moved higher.Technical analysts who spoke with MarketWatch said that while the golden cross can be a helpful sign that a given trend probably has more room to run, it helps to look for other signs as well.\"The way we think about it is all big rallies start with a golden cross, but not all golden crosses lead to a big rally. It's just one piece of the puzzle,\" said Ari Wald, head of technical analysis at Oppenheimer.See: U.S. stocks flash rare bull-market signal for first time in nearly 3 years, but some have their doubtsThere have been some other encouraging signs that U.S. stocks could be headed for a lasting turnaround. One example Wald cited was the so-called advance-decline line, which recently reached a new cycle high.According to technical analysts, that's a measure of market breadth which shows whether the major equity index's gains are being powered by a broad range of stocks, or a handful.The advance-decline line hit 2.2 on Thursday, its highest level in nearly a year.The fact that cyclical sectors like technology and consumer discretionary are among the best performers since the start of the year is another encouraging sign, according to Wald.FactSet data show that communication services, consumer discretionary and information technology are the three best-performing sectors of the S&P 500 so far this year, with communications services up more than 15% since Jan. 1.However, with so much uncertainty about monetary policy and the macroeconomic outlook, some analysts doubt that the stock-market will simply return to business as usual so quickly, even as inflation has moderated over the past six months, taking some of the pressure off the Federal Reserve to continue to raise interest rates.One analysts warned that traders who are hungry for confirmation that the market sell-off of 2022 is indeed over should approach indicators like the golden cross with trepidation, despite its historical record.\"In the past 20 years there have been more secular trends, and the golden crosses have worked,\" said Will Tamplin, senior analyst at Fairlead Strategies. \"But in an environment that's a little more choppy, you can get the whipsaws. \"The S&P 500 and SPDR S&P 500 exchange-traded fund $(SPY)$ touched new intraday highs for the year on Friday, while the Nasdaq Composite briefly traded at its highest level since September. The Dow Jones Industrial Average is on track for a weekly gain of more than 2.3%, what would be its best such performance since November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929857551,"gmtCreate":1670640061374,"gmtModify":1676538410486,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9929857551","repostId":"2290255966","repostType":4,"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920441359,"gmtCreate":1670544360572,"gmtModify":1676538389060,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9920441359","repostId":"1187802021","repostType":4,"repost":{"id":"1187802021","kind":"news","pubTimestamp":1670541479,"share":"https://ttm.financial/m/news/1187802021?lang=&edition=full_marsco","pubTime":"2022-12-09 07:17","market":"us","language":"en","title":"Lululemon Drops 7% as Profitability, Sales Outlook Fall Short","url":"https://stock-news.laohu8.com/highlight/detail?id=1187802021","media":"Bloomberg","summary":"Yogawear maker reports a surge in inventory from year earlierHigher full-year sales projection falls","content":"<html><head></head><body><ul><li>Yogawear maker reports a surge in inventory from year earlier</li><li>Higher full-year sales projection falls short of expectations</li></ul><p>Lululemon Athletica Inc. shares dropped as lower-than-expected profitability raised concerns about a pileup of inventory and the yogawear maker’s full-year sales forecast disappointed Wall Street.</p><p>Gross margin, a key gauge of profitability, was 55.9% in the third quarter, short of analysts’ average estimate of 56.7%. Inventories surged from a year earlier — evoking similar problems experienced by retailers that have led to profit-busting markdowns.</p><p>“Gross margins came in well below expectations, which is a concern, especially as inventories are up 85%,” Bloomberg Intelligence analyst Poonam Goyal said.</p><p>On the company’s call with analysts, executives said the third quarter will be the high point for inventory. Chief Financial Officer Meghan Frank said the rate of inventory growth will moderate at the end of the fourth quarter.</p><p>Lululemon raised its sales forecast for the full year ending in January to as much as $7.99 billion. While that’s up from the previous range of as much as $7.94 billion, the low end was still below analysts’ average estimate.</p><p>The shares fell 9.2% in after-market trading in New York on Thursday. The stock has declined about 5.6% this year through Thursday’s close.</p><p>Chief Executive Officer Calvin McDonald said the company hasn’t seen “any significant shift in spending among our guests.”</p><p>“We’re off to a strong start this holiday season and I’m pleased with our results over the extended Thanksgiving Day weekend,” McDonald said in an interview. “Black Friday was the biggest day in our history in terms of both revenue and traffic.”</p><p>Lululemon is looking to double sales by the fiscal year ending in early 2027 by opening more stores, expanding abroad and selling more products to men. It’s also trying a new two-tier membership program to keep customers coming back.</p><p>McDonald said the company’s manufacturing partners are back to full capacity. Freight times have also improved, although they remain higher than pre-pandemic, he added. The company has resorted to using air freight, which is more expensive, in recent years.</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>Lululemon Drops 7% as Profitability, Sales Outlook Fall Short</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\">\nLululemon Drops 7% as Profitability, Sales Outlook Fall Short\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-09 07:17 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-12-08/lululemon-falls-as-profitability-concerns-outweigh-earnings-beat?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yogawear maker reports a surge in inventory from year earlierHigher full-year sales projection falls short of expectationsLululemon Athletica Inc. shares dropped as lower-than-expected profitability ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-08/lululemon-falls-as-profitability-concerns-outweigh-earnings-beat?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-08/lululemon-falls-as-profitability-concerns-outweigh-earnings-beat?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187802021","content_text":"Yogawear maker reports a surge in inventory from year earlierHigher full-year sales projection falls short of expectationsLululemon Athletica Inc. shares dropped as lower-than-expected profitability raised concerns about a pileup of inventory and the yogawear maker’s full-year sales forecast disappointed Wall Street.Gross margin, a key gauge of profitability, was 55.9% in the third quarter, short of analysts’ average estimate of 56.7%. Inventories surged from a year earlier — evoking similar problems experienced by retailers that have led to profit-busting markdowns.“Gross margins came in well below expectations, which is a concern, especially as inventories are up 85%,” Bloomberg Intelligence analyst Poonam Goyal said.On the company’s call with analysts, executives said the third quarter will be the high point for inventory. Chief Financial Officer Meghan Frank said the rate of inventory growth will moderate at the end of the fourth quarter.Lululemon raised its sales forecast for the full year ending in January to as much as $7.99 billion. While that’s up from the previous range of as much as $7.94 billion, the low end was still below analysts’ average estimate.The shares fell 9.2% in after-market trading in New York on Thursday. The stock has declined about 5.6% this year through Thursday’s close.Chief Executive Officer Calvin McDonald said the company hasn’t seen “any significant shift in spending among our guests.”“We’re off to a strong start this holiday season and I’m pleased with our results over the extended Thanksgiving Day weekend,” McDonald said in an interview. “Black Friday was the biggest day in our history in terms of both revenue and traffic.”Lululemon is looking to double sales by the fiscal year ending in early 2027 by opening more stores, expanding abroad and selling more products to men. It’s also trying a new two-tier membership program to keep customers coming back.McDonald said the company’s manufacturing partners are back to full capacity. Freight times have also improved, although they remain higher than pre-pandemic, he added. The company has resorted to using air freight, which is more expensive, in recent years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968485851,"gmtCreate":1669293402074,"gmtModify":1676538179803,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig 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href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc on Monday lowered its annual revenue forecast amid waning demand for the video conferencing platform as pandemic restrictions ease and competition amps up.</p><p>After recording blistering growth during the pandemic, Zoom, which competes with WeChat Work, Microsoft Teams, Cisco WebEx and Slack, is facing a slowdown as red-hot inflation is dampening the spending power of customers.</p><p>Zoom now expects annual revenue to be between $4.37 billion and $4.38 billion, compared with an earlier outlook of $4.39 billion and $4.40 billion.</p><p>The company, however, raised its annual adjusted profit per share to between $3.91 and $3.94, compared with $3.66 to $3.69 forecast earlier.</p><p>Revenue for the third quarter ended Oct. 31 rose 5 per cent to $1.1 billion.</p><p>"In the third quarter, we drove revenue above guidance with continued momentum in Enterprise," said chief executive Eric Yuan.</p><p>On an adjusted basis, the company earned $1.07 per share during the quarter, compared with estimates of 84 cents per share, according to Refinitiv data.</p></body></html>","source":"can_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>Zoom Cuts Annual Revenue Forecast As Video-Conferencing Service Demand Wanes</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\">\nZoom Cuts Annual Revenue Forecast As Video-Conferencing Service Demand Wanes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-22 07:18 GMT+8 <a href=https://www.channelnewsasia.com/business/zoom-cuts-annual-revenue-forecast-video-conferencing-service-demand-wanes-3091251><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>:Zoom Video Communications Inc on Monday lowered its annual revenue forecast amid waning demand for the video conferencing platform as pandemic restrictions ease and competition amps up.After ...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/zoom-cuts-annual-revenue-forecast-video-conferencing-service-demand-wanes-3091251\">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.channelnewsasia.com/business/zoom-cuts-annual-revenue-forecast-video-conferencing-service-demand-wanes-3091251","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285710079","content_text":":Zoom Video Communications Inc on Monday lowered its annual revenue forecast amid waning demand for the video conferencing platform as pandemic restrictions ease and competition amps up.After recording blistering growth during the pandemic, Zoom, which competes with WeChat Work, Microsoft Teams, Cisco WebEx and Slack, is facing a slowdown as red-hot inflation is dampening the spending power of customers.Zoom now expects annual revenue to be between $4.37 billion and $4.38 billion, compared with an earlier outlook of $4.39 billion and $4.40 billion.The company, however, raised its annual adjusted profit per share to between $3.91 and $3.94, compared with $3.66 to $3.69 forecast earlier.Revenue for the third quarter ended Oct. 31 rose 5 per cent to $1.1 billion.\"In the third quarter, we drove revenue above guidance with continued momentum in Enterprise,\" said chief executive Eric Yuan.On an adjusted basis, the company earned $1.07 per share during the quarter, compared with estimates of 84 cents per share, according to Refinitiv data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961699140,"gmtCreate":1668923346081,"gmtModify":1676538129216,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAL\">$American Airlines(AAL)$ </a>Ok","listText":"<a href=\"https://ttm.financial/S/AAL\">$American Airlines(AAL)$ </a>Ok","text":"$American Airlines(AAL)$ Ok","images":[{"img":"https://community-static.tradeup.com/news/f5eb8bec69a59db20ef222bfeb966543","width":"1242","height":"1968"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961699140","isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":112147173,"gmtCreate":1622857820992,"gmtModify":1704192518326,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig 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pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983475782,"gmtCreate":1666313886246,"gmtModify":1676537738942,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9983475782","repostId":"1127402451","repostType":4,"repost":{"id":"1127402451","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":1666311905,"share":"https://ttm.financial/m/news/1127402451?lang=&edition=full_marsco","pubTime":"2022-10-21 08:25","market":"us","language":"en","title":"Fed May Have to Slow Or Stop Balance Sheet Trimming in 2023, Barclays Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1127402451","media":"Reuters","summary":"(Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sh","content":"<html><head></head><body><p>(Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than many now expect, according to a report from Barclays.</p><p>The investment bank's analysts wrote this week that the current pace of the drawdown likely needs to change in the first half of next year. That's because if the Fed were to press forward with allowing its balance sheet to shrink, bank reserves would, by the end of 2023, fall to levels that would complicate maintaining firm control of the federal funds rate, the U.S. central bank's primary tool for influencing the direction of the economy.</p><p>So far, Fed officials have given little guidance as to how long and how far they plan to go with cutting the holdings, noting only that they see it as an extended process heading to an uncertain end. "I don't know what the final end point is of our balance sheet," Minneapolis Fed President Neel Kashkari said on Wednesday, but "we have a ways to go."</p><p>That end state of the process is tricky due to a number of factors. But the biggest uncertainty is that it is unclear when the financial system moves from ample levels of bank reserves to one where they are scarce.</p><p>Scarce reserves mean the federal funds target rate can become volatile, which central bankers do not like. When reserves ran low in September 2019, the Fed was forced to intervene to bolster them through asset-buying and temporary liquidity injections.</p><p>The Barclays analysis arrives as the Fed is tightening its monetary policy stance on two fronts. Its bid to lower inflation, which has been running at 40-year highs, is driving officials to push up their federal funds target rate range aggressively, with increases likely to spill over into next year.</p><p>Withdrawing stimulus has also meant shrinking the size of the Fed's balance sheet. From a size of $4.2 trillion in March 2020, the holdings peaked at around $9 trillion as of last spring due to bond-buying stimulus efforts tied to the coronavirus pandemic. The Fed started drawing down its holdings by $95 billion per month as of September, with holdings now at $8.8 trillion. Amid that decline, bank reserves have been falling.</p><p>The Barclays report said that due to changes in the financial system, total reserve levels are likely to come under pressure at higher levels, which means "the current level of bank reserves is probably closer to reserve scarcity than might have been the case before 2015."</p><p>The path the Fed is on right now will likely shave off just over $1 trillion from its balance sheet next year, which means reserves will become an issue for monetary policy before the end of the year, the report said.</p><p>"Our sense is that these changes to the shape and location of the demand curve for bank reserves will mean that the Fed reaches 'ample' much sooner than it expects," hitting that mark in the first half of 2023, the report said.</p><p>The Barclays report acknowledges the Fed could tweak the settings of its rate control toolkit or resort to other measures that could buy it some space on the reserves issue. But those sorts of things only offer a temporary respite, which makes altering the pace of the balance sheet drawdown the more valuable tool.</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>Fed May Have to Slow Or Stop Balance Sheet Trimming in 2023, Barclays Says</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\">\nFed May Have to Slow Or Stop Balance Sheet Trimming in 2023, Barclays Says\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\">2022-10-21 08:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than many now expect, according to a report from Barclays.</p><p>The investment bank's analysts wrote this week that the current pace of the drawdown likely needs to change in the first half of next year. That's because if the Fed were to press forward with allowing its balance sheet to shrink, bank reserves would, by the end of 2023, fall to levels that would complicate maintaining firm control of the federal funds rate, the U.S. central bank's primary tool for influencing the direction of the economy.</p><p>So far, Fed officials have given little guidance as to how long and how far they plan to go with cutting the holdings, noting only that they see it as an extended process heading to an uncertain end. "I don't know what the final end point is of our balance sheet," Minneapolis Fed President Neel Kashkari said on Wednesday, but "we have a ways to go."</p><p>That end state of the process is tricky due to a number of factors. But the biggest uncertainty is that it is unclear when the financial system moves from ample levels of bank reserves to one where they are scarce.</p><p>Scarce reserves mean the federal funds target rate can become volatile, which central bankers do not like. When reserves ran low in September 2019, the Fed was forced to intervene to bolster them through asset-buying and temporary liquidity injections.</p><p>The Barclays analysis arrives as the Fed is tightening its monetary policy stance on two fronts. Its bid to lower inflation, which has been running at 40-year highs, is driving officials to push up their federal funds target rate range aggressively, with increases likely to spill over into next year.</p><p>Withdrawing stimulus has also meant shrinking the size of the Fed's balance sheet. From a size of $4.2 trillion in March 2020, the holdings peaked at around $9 trillion as of last spring due to bond-buying stimulus efforts tied to the coronavirus pandemic. The Fed started drawing down its holdings by $95 billion per month as of September, with holdings now at $8.8 trillion. Amid that decline, bank reserves have been falling.</p><p>The Barclays report said that due to changes in the financial system, total reserve levels are likely to come under pressure at higher levels, which means "the current level of bank reserves is probably closer to reserve scarcity than might have been the case before 2015."</p><p>The path the Fed is on right now will likely shave off just over $1 trillion from its balance sheet next year, which means reserves will become an issue for monetary policy before the end of the year, the report said.</p><p>"Our sense is that these changes to the shape and location of the demand curve for bank reserves will mean that the Fed reaches 'ample' much sooner than it expects," hitting that mark in the first half of 2023, the report said.</p><p>The Barclays report acknowledges the Fed could tweak the settings of its rate control toolkit or resort to other measures that could buy it some space on the reserves issue. But those sorts of things only offer a temporary respite, which makes altering the pace of the balance sheet drawdown the more valuable tool.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127402451","content_text":"(Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than many now expect, according to a report from Barclays.The investment bank's analysts wrote this week that the current pace of the drawdown likely needs to change in the first half of next year. That's because if the Fed were to press forward with allowing its balance sheet to shrink, bank reserves would, by the end of 2023, fall to levels that would complicate maintaining firm control of the federal funds rate, the U.S. central bank's primary tool for influencing the direction of the economy.So far, Fed officials have given little guidance as to how long and how far they plan to go with cutting the holdings, noting only that they see it as an extended process heading to an uncertain end. \"I don't know what the final end point is of our balance sheet,\" Minneapolis Fed President Neel Kashkari said on Wednesday, but \"we have a ways to go.\"That end state of the process is tricky due to a number of factors. But the biggest uncertainty is that it is unclear when the financial system moves from ample levels of bank reserves to one where they are scarce.Scarce reserves mean the federal funds target rate can become volatile, which central bankers do not like. When reserves ran low in September 2019, the Fed was forced to intervene to bolster them through asset-buying and temporary liquidity injections.The Barclays analysis arrives as the Fed is tightening its monetary policy stance on two fronts. Its bid to lower inflation, which has been running at 40-year highs, is driving officials to push up their federal funds target rate range aggressively, with increases likely to spill over into next year.Withdrawing stimulus has also meant shrinking the size of the Fed's balance sheet. From a size of $4.2 trillion in March 2020, the holdings peaked at around $9 trillion as of last spring due to bond-buying stimulus efforts tied to the coronavirus pandemic. The Fed started drawing down its holdings by $95 billion per month as of September, with holdings now at $8.8 trillion. Amid that decline, bank reserves have been falling.The Barclays report said that due to changes in the financial system, total reserve levels are likely to come under pressure at higher levels, which means \"the current level of bank reserves is probably closer to reserve scarcity than might have been the case before 2015.\"The path the Fed is on right now will likely shave off just over $1 trillion from its balance sheet next year, which means reserves will become an issue for monetary policy before the end of the year, the report said.\"Our sense is that these changes to the shape and location of the demand curve for bank reserves will mean that the Fed reaches 'ample' much sooner than it expects,\" hitting that mark in the first half of 2023, the report said.The Barclays report acknowledges the Fed could tweak the settings of its rate control toolkit or resort to other measures that could buy it some space on the reserves issue. But those sorts of things only offer a temporary respite, which makes altering the pace of the balance sheet drawdown the more valuable tool.","news_type":1},"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177827241,"gmtCreate":1627198413983,"gmtModify":1703485481128,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/177827241","repostId":"1176552691","repostType":4,"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148895167,"gmtCreate":1625965503659,"gmtModify":1703751245052,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/148895167","repostId":"1113530069","repostType":4,"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160455781,"gmtCreate":1623805120143,"gmtModify":1703819892531,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Time to in?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Time to in?","text":"$Tiger Brokers(TIGR)$Time to in?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":1,"link":"https://ttm.financial/post/160455781","isVote":1,"tweetType":1,"viewCount":1530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035458197,"gmtCreate":1647659394431,"gmtModify":1676534256669,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9035458197","repostId":"2220484770","repostType":4,"repost":{"id":"2220484770","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":1647644857,"share":"https://ttm.financial/m/news/2220484770?lang=&edition=full_marsco","pubTime":"2022-03-19 07:07","market":"us","language":"en","title":"Wall St Closes Higher after Biden-XI Talks End, Oil Steadies","url":"https://stock-news.laohu8.com/highlight/detail?id=2220484770","media":"Reuters","summary":"No. But is it happier that it's around $100 than going up $20 every day?Of course.\"Investors were also monitoring for any impact from Friday's \"triple witching,\" in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.The Dow Jones Industr","content":"<html><head></head><body><p>* FedEx falls on lower-than-expected quarterly earnings</p><p>* Moderna up on seeking FDA authorization for second booster</p><p>* Indexes rise: Dow 0.8%, S&P 500 1.17%, Nasdaq 2.05%</p><p>March 18 (Reuters) - Wall Street's three major indexes closed higher on Friday, with the biggest boost from recently battered technology stocks, after talks between U.S. President Joe Biden and Chinese President Xi Jinping over the Ukraine crisis ended without big surprises.</p><p>Investors were also relieved by slowing gains in oil prices as they continued to digest the Federal Reserve's Wednesday interest rate increase and its aggressive plan for further hikes aimed at combating soaring inflation.</p><p>"The read out from the meeting was as expected," said Art Hogan, chief market strategist at National Securities in New York regarding the Xi/Biden talks. He said that since Russia/Ukraine talks were continuing, investors were tending toward optimism.</p><p>"Regarding Russia, Ukraine, the market has been more positive on news from the diplomatic front than negative on the escalation."</p><p>Hogan also cited calmer oil prices and relief that the highly anticipated Fed news was finally out.</p><p>"Instead of having fears and trepidation of what the Fed might do we have clear roadmap for monetary policy," he said.</p><p>In addition to less onerous than expected Fed actions, Steve Sosnick, chief strategist at Interactive Brokers in Greenwich, Connecticut said investors were reassured that U.S. crude oil prices weren't too far above $100 on Friday after recently surpassing $130.</p><p>"At least for this week oil has found a level. That's someway positive for the market as a rising oil price is overweighted in consumer minds as an inflationary indicator," said Sosnick. "Does the market like oil around $100? No. But is it happier that it's around $100 than going up $20 every day? Of course."</p><p>Investors were also monitoring for any impact from Friday's "triple witching," in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.</p><p>On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.</p><p>The Dow Jones Industrial Average rose 274.17 points, or 0.8%, to 34,754.93, the S&P 500 gained 51.45 points, or 1.17%, to 4,463.12 and the Nasdaq Composite added 279.06 points, or 2.05%, to 13,893.84.</p><p>Wall Street's three main indexes boasted their biggest weekly percentage gains since early November 2020 with the S&P adding 6.2% while the Dow rose 5.5% and the Nasdaq jumping 8.2%.</p><p>Ten of the 11 major S&P 500 sectors closed higher, with heavyweight technology and consumer discretionary both finishing up 2.2% while communication services rising 1.4%.</p><p>The only declining sector was utilities which ended the session down 0.9%.</p><p>Moderna Inc closed up 6.3% after the drugmaker submitted a request to the U.S. Food and Drug Administration to allow for a second booster of its COVID-19 vaccine.</p><p>Shares of Boeing Co finished up 1.4% after reports the planemaker was edging toward a landmark order from Delta Air Lines for up to 100 of its 737 MAX 10 jets.</p><p>But shares in U.S. delivery firm FedEx Corp slumped almost 4% after a weaker-than-expected quarterly earnings report.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.20-to-1 ratio; on Nasdaq, a 2.19-to-1 ratio favored advancers.</p><p>The S&P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 44 new highs and 41 new lows.</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>Wall St Closes Higher after Biden-XI Talks End, Oil Steadies</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 St Closes Higher after Biden-XI Talks End, Oil Steadies\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 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* FedEx falls on lower-than-expected quarterly earnings</p><p>* Moderna up on seeking FDA authorization for second booster</p><p>* Indexes rise: Dow 0.8%, S&P 500 1.17%, Nasdaq 2.05%</p><p>March 18 (Reuters) - Wall Street's three major indexes closed higher on Friday, with the biggest boost from recently battered technology stocks, after talks between U.S. President Joe Biden and Chinese President Xi Jinping over the Ukraine crisis ended without big surprises.</p><p>Investors were also relieved by slowing gains in oil prices as they continued to digest the Federal Reserve's Wednesday interest rate increase and its aggressive plan for further hikes aimed at combating soaring inflation.</p><p>"The read out from the meeting was as expected," said Art Hogan, chief market strategist at National Securities in New York regarding the Xi/Biden talks. He said that since Russia/Ukraine talks were continuing, investors were tending toward optimism.</p><p>"Regarding Russia, Ukraine, the market has been more positive on news from the diplomatic front than negative on the escalation."</p><p>Hogan also cited calmer oil prices and relief that the highly anticipated Fed news was finally out.</p><p>"Instead of having fears and trepidation of what the Fed might do we have clear roadmap for monetary policy," he said.</p><p>In addition to less onerous than expected Fed actions, Steve Sosnick, chief strategist at Interactive Brokers in Greenwich, Connecticut said investors were reassured that U.S. crude oil prices weren't too far above $100 on Friday after recently surpassing $130.</p><p>"At least for this week oil has found a level. That's someway positive for the market as a rising oil price is overweighted in consumer minds as an inflationary indicator," said Sosnick. "Does the market like oil around $100? No. But is it happier that it's around $100 than going up $20 every day? Of course."</p><p>Investors were also monitoring for any impact from Friday's "triple witching," in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.</p><p>On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.</p><p>The Dow Jones Industrial Average rose 274.17 points, or 0.8%, to 34,754.93, the S&P 500 gained 51.45 points, or 1.17%, to 4,463.12 and the Nasdaq Composite added 279.06 points, or 2.05%, to 13,893.84.</p><p>Wall Street's three main indexes boasted their biggest weekly percentage gains since early November 2020 with the S&P adding 6.2% while the Dow rose 5.5% and the Nasdaq jumping 8.2%.</p><p>Ten of the 11 major S&P 500 sectors closed higher, with heavyweight technology and consumer discretionary both finishing up 2.2% while communication services rising 1.4%.</p><p>The only declining sector was utilities which ended the session down 0.9%.</p><p>Moderna Inc closed up 6.3% after the drugmaker submitted a request to the U.S. Food and Drug Administration to allow for a second booster of its COVID-19 vaccine.</p><p>Shares of Boeing Co finished up 1.4% after reports the planemaker was edging toward a landmark order from Delta Air Lines for up to 100 of its 737 MAX 10 jets.</p><p>But shares in U.S. delivery firm FedEx Corp slumped almost 4% after a weaker-than-expected quarterly earnings report.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.20-to-1 ratio; on Nasdaq, a 2.19-to-1 ratio favored advancers.</p><p>The S&P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 44 new highs and 41 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2220484770","content_text":"* FedEx falls on lower-than-expected quarterly earnings* Moderna up on seeking FDA authorization for second booster* Indexes rise: Dow 0.8%, S&P 500 1.17%, Nasdaq 2.05%March 18 (Reuters) - Wall Street's three major indexes closed higher on Friday, with the biggest boost from recently battered technology stocks, after talks between U.S. President Joe Biden and Chinese President Xi Jinping over the Ukraine crisis ended without big surprises.Investors were also relieved by slowing gains in oil prices as they continued to digest the Federal Reserve's Wednesday interest rate increase and its aggressive plan for further hikes aimed at combating soaring inflation.\"The read out from the meeting was as expected,\" said Art Hogan, chief market strategist at National Securities in New York regarding the Xi/Biden talks. He said that since Russia/Ukraine talks were continuing, investors were tending toward optimism.\"Regarding Russia, Ukraine, the market has been more positive on news from the diplomatic front than negative on the escalation.\"Hogan also cited calmer oil prices and relief that the highly anticipated Fed news was finally out.\"Instead of having fears and trepidation of what the Fed might do we have clear roadmap for monetary policy,\" he said.In addition to less onerous than expected Fed actions, Steve Sosnick, chief strategist at Interactive Brokers in Greenwich, Connecticut said investors were reassured that U.S. crude oil prices weren't too far above $100 on Friday after recently surpassing $130.\"At least for this week oil has found a level. That's someway positive for the market as a rising oil price is overweighted in consumer minds as an inflationary indicator,\" said Sosnick. \"Does the market like oil around $100? No. But is it happier that it's around $100 than going up $20 every day? Of course.\"Investors were also monitoring for any impact from Friday's \"triple witching,\" in which investors unwind positions in futures and options contracts before they expire, which can lead to volatility and trading volume.On Friday the expirations appeared to boost volume as 18.47 billion shares changed hands on U.S. exchanges compared with the 14.56 billion moving average for the last 20 sessions.The Dow Jones Industrial Average rose 274.17 points, or 0.8%, to 34,754.93, the S&P 500 gained 51.45 points, or 1.17%, to 4,463.12 and the Nasdaq Composite added 279.06 points, or 2.05%, to 13,893.84.Wall Street's three main indexes boasted their biggest weekly percentage gains since early November 2020 with the S&P adding 6.2% while the Dow rose 5.5% and the Nasdaq jumping 8.2%.Ten of the 11 major S&P 500 sectors closed higher, with heavyweight technology and consumer discretionary both finishing up 2.2% while communication services rising 1.4%.The only declining sector was utilities which ended the session down 0.9%.Moderna Inc closed up 6.3% after the drugmaker submitted a request to the U.S. Food and Drug Administration to allow for a second booster of its COVID-19 vaccine.Shares of Boeing Co finished up 1.4% after reports the planemaker was edging toward a landmark order from Delta Air Lines for up to 100 of its 737 MAX 10 jets.But shares in U.S. delivery firm FedEx Corp slumped almost 4% after a weaker-than-expected quarterly earnings report.Advancing issues outnumbered declining ones on the NYSE by a 2.20-to-1 ratio; on Nasdaq, a 2.19-to-1 ratio favored advancers.The S&P 500 posted 19 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 44 new highs and 41 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008006666,"gmtCreate":1641339388878,"gmtModify":1676533599758,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9008006666","repostId":"2201418283","repostType":4,"repost":{"id":"2201418283","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":1641336421,"share":"https://ttm.financial/m/news/2201418283?lang=&edition=full_marsco","pubTime":"2022-01-05 06:47","market":"us","language":"en","title":"Dow posts closing record high for 2nd day, boosted by banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2201418283","media":"Reuters","summary":"* Financial sector registers all-time closing high* Ford, GM shares rise as electric truck battle heats up* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%NEW YORK, Jan 4 (Reuters) - The Do","content":"<html><head></head><body><p>* Financial sector registers all-time closing high</p><p>* Ford, GM shares rise as electric truck battle heats up</p><p>* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%</p><p>NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.</p><p>The S&P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.</p><p>Economically sensitive energy, financials and industrials were the leading sectors in the S&P 500, with financials eking out an all-time closing high.</p><p>Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.</p><p>Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.</p><p>The S&P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.</p><p>Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.</p><p>Investors are "going to punish growth stocks with high valuations," said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.</p><p>"This is a time when defensive stocks and value stocks are likely to outperform."</p><p>The S&P 500 value index jumped 1%, while the S&P 500 growth index fell 1%.</p><p>The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.</p><p>The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.</p><p>Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.</p><p>Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.</p><p>Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.</p><p>General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.</p><p>The S&P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow posts closing record high for 2nd day, boosted by banks</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\">\nDow posts closing record high for 2nd day, boosted by banks\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\">2022-01-05 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Financial sector registers all-time closing high</p><p>* Ford, GM shares rise as electric truck battle heats up</p><p>* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%</p><p>NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.</p><p>The S&P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.</p><p>Economically sensitive energy, financials and industrials were the leading sectors in the S&P 500, with financials eking out an all-time closing high.</p><p>Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.</p><p>Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.</p><p>The S&P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.</p><p>Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.</p><p>Investors are "going to punish growth stocks with high valuations," said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.</p><p>"This is a time when defensive stocks and value stocks are likely to outperform."</p><p>The S&P 500 value index jumped 1%, while the S&P 500 growth index fell 1%.</p><p>The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.</p><p>The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.</p><p>Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.</p><p>Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.</p><p>Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.</p><p>General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.</p><p>The S&P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4099":"汽车制造商","TSLA":"特斯拉","BK4551":"寇图资本持仓","GM":"通用汽车","BK4548":"巴美列捷福持仓","F":"福特汽车","BK4555":"新能源车","BK4527":"明星科技股","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201418283","content_text":"* Financial sector registers all-time closing high* Ford, GM shares rise as electric truck battle heats up* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.The S&P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.Economically sensitive energy, financials and industrials were the leading sectors in the S&P 500, with financials eking out an all-time closing high.Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.The S&P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.Investors are \"going to punish growth stocks with high valuations,\" said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.\"This is a time when defensive stocks and value stocks are likely to outperform.\"The S&P 500 value index jumped 1%, while the S&P 500 growth index fell 1%.The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.The S&P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885231072,"gmtCreate":1631795886496,"gmtModify":1676530637561,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/885231072","repostId":"1132437771","repostType":4,"repost":{"id":"1132437771","kind":"news","pubTimestamp":1631792549,"share":"https://ttm.financial/m/news/1132437771?lang=&edition=full_marsco","pubTime":"2021-09-16 19:42","market":"us","language":"en","title":"Nvidia: Fundamentals Matter Less Than Ever","url":"https://stock-news.laohu8.com/highlight/detail?id=1132437771","media":"seekingalpha","summary":"Summary\n\nNvidia is an undisputed leader in the semiconductors space, with one of the most profitable","content":"<p><b>Summary</b></p>\n<ul>\n <li>Nvidia is an undisputed leader in the semiconductors space, with one of the most profitable business models.</li>\n <li>Investors' focus is usually put on the company's strong product roadmap, which is now less relevant for the share price performance.</li>\n <li>Due to its unique positioning, Nvidia's share price is now more sensitive to market-wide forces than it is to the company's business fundamentals.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59d3f68e7d7037092fadd0ee8f1ab7d6\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>wellesenterprises/iStock Editorial via Getty Images</span></p>\n<p>From a relatively small gaming company a couple of years ago, Nvidia (NVDA) has turned into one of the most important technological enterprises globally. From data centers & cloud computing, driverless cars and all kinds of artificial intelligence computing workloads, to gaming, visualization & cryptocurrency mining, Nvidia products are now the lifeblood of the new digital economy.</p>\n<p>Not only is Nvidia's intellectual property uniquely positioned within the new digital age, but the company is also an undisputed leader in the graphics processing unit(GPU)space with a very wide moat. This led to the success story called Nvidia.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fc9ac68b953baa8a700911e6d0bae74\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Going forward, however, share price returns are likely to disappoint even in the face of improving business fundamentals. It appears that certain market-wide risks are now in the driver's seat of Nvidia share price and could catch many of Nvidia shareholders off-guard. But before we dig into that, we need to properly account for the leading position business potential of the company.</p>\n<p><b>All about GPUs demand</b></p>\n<p>Even though the Gaming segment still takes a sizeable proportion of Nvidia's business, just over the course of four years Data Center has become equally important in size.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98c28b9183a9848e6736b81b6d2a9c22\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\"><span>Source: Nvidia Annual Investor Day 2021</span></p>\n<p>As if the already ongoing trend towards more cloud-based workloads was not enough, the current pandemic significantly accelerated the overall demand.</p>\n<p><img src=\"https://static.tigerbbs.com/25f8090d5c3afcbca0034dc19ebf87cd\" tg-width=\"610\" tg-height=\"456\" referrerpolicy=\"no-referrer\"></p>\n<p>In addition to data centers, the automotive industry is also starving for Nvidia's chips which made the company deeply embedded in the automotive ecosystem.</p>\n<blockquote>\n NVIDIA is working with several hundred partners in the automotive ecosystem including automakers, truck makers, tier one suppliers, sensor manufacturers, automotive research institutions, HD mapping companies, and startups to develop and deploy AI systems for self-driving vehicles.\n</blockquote>\n<blockquote>\n Source: Nvidia Annual Report 2021\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e19c38b0c31479f3ca070abe62f088d\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\"><span>Source: Nvidia Annual Investor Day 2021</span></p>\n<p>Last but not least, the tug-of-war between gamers and cryptocurrency miners has resulted in both higher volume sales as well as higher pricing of Nvidia's GPUs. The uptick in energy consumption for cryptocurrency mining, coupled with the overall preference for Nvidia GPUs was yet another tailwind for the company's Gaming division.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7cde81f76201b5c7f5832202aaa17e08\" tg-width=\"1280\" tg-height=\"900\" referrerpolicy=\"no-referrer\"><span>Source: bbc.com</span></p>\n<p><b>Implications for the Income Statement</b></p>\n<p>The perfect storm for GPUs demand and Nvidia's leading position in the segment resulted in the 53% topline growth in fiscal year 2021 and 31% so far for the FY 2022.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d2ffb1f7cf418f4f8b264dd72a22fd9\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: prepared by the author, using data from Seeking Alpha</span></p>\n<p>Going forward, NVDA is likely to sustain this high topline growth rate, which is expected to somehow cool-off following fiscal year 2022.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d980f7a5a4c4f88b24057841ca2db18b\" tg-width=\"640\" tg-height=\"135\" referrerpolicy=\"no-referrer\"><span>Source: Seeking Alpha</span></p>\n<p>The forward growth rate of NVDA is comparable only to that of its other GPU rival - AMD (AMD), which is expected to grow at a similar rate over the next two fiscal years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52527c42a41f66d31bcfaa80b46b1fcf\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>* compounded annual growth rate from the most recently completed fiscal year's revenue to analysts' consensus revenue estimates for two fiscal years forward Source: prepared by the author, using data from Seeking Alpha</span></p>\n<p>However, while AMD's share price benefited massively from the strong GPU demand and its recent comeback to the CPU stage, Nvidia retained an industry-leading profitability.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/925c87e1ab20aef8c57bacc0190ac528\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>This allowed NVDA to spend significantly more than its rival AMD on Research & Development expenses.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/176479e69a17e33e4ff51eecb22a9d79\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: prepared by the author, using data from Seeking Alpha</span></p>\n<p>Even adjusted for size, Nvidia has also been consistently outspending AMD on R&D investments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc9947f932bee0cdc8168c3ba93b08cb\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: prepared by the author, using data from Seeking Alpha</span></p>\n<p>While organic growth opportunities for Nvidia might seem endless at this point in time, the semiconductors industry remains highly cyclical and sooner or later even the GPU demand will cool off.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1eb65f1081a7a5a1b44babd5de7c1a63\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: prepared by the author, using data from fred.stlouisfed.org and semi.org</span></p>\n<p>That is why, even in the midst of the GPU shortages, Nvidia management is capitalizing on its extremely high valuation by tapping into the strategic acquisition of ARM.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/811811f1ac57020a31ee1c4834476b46\" tg-width=\"640\" tg-height=\"284\" referrerpolicy=\"no-referrer\"><span>Source: Nvidia to acquire ARM presentation</span></p>\n<blockquote>\n Under the terms of the transaction, which has been approved by the boards of directors of NVIDIA, SBG and Arm, NVIDIA will pay to SoftBank a total of \n <i>$21.5 billion in NVIDIA common stock</i>and $12 billion in cash, which includes $2 billion payable at signing.\n</blockquote>\n<blockquote>\n <i>Source:nvidianews.nvidia.com</i>\n</blockquote>\n<p>The ARM deal, which is still under review by the regulators, was also one of the largest Tech deals for 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb6ec9cdf0fffb8d9ce13f7818ea7500\" tg-width=\"1024\" tg-height=\"887\" referrerpolicy=\"no-referrer\"><span>Source: cbinsights.com</span></p>\n<p>In addition to high M&A activity being a sign of a peak in market valuations, analysts' sentiment on Nvidia is also exceptionally optimistic which suggests that the near-term growth is already priced in.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a011c8086483c73b9bb116684f5402d6\" tg-width=\"640\" tg-height=\"295\" referrerpolicy=\"no-referrer\"><span>Source: Seeking Alpha</span></p>\n<p><b>The value conundrum</b></p>\n<p>As rosy as everything seems for NVDA right now, there should a price that is simply too high even when accounting for Nvidia's strong positioning. So far as growth accelerated so did the company's P/E ratio, which suggests an even more optimistic future scenario. However, neither Nvidia's bottom line nor its earnings multiple can go on an upward trajectory forever.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee7cb10de1973f49703e0262aeca3b12\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>After everything we said so far, we have some solid reasons to believe that the earnings per share (EPS) growth will be sustained for the time being, even in the face of the cyclical nature of the industry. But at such high valuations, the price premium attached to EPS growth is far more important for future returns. In other words, Nvidia's bottom line could fulfil even the rosiest forecasts but the share price could still disappoint, if the premium paid for high growth decreases.</p>\n<p>As we saw earlier, right now both NVDA and AMD are the two highest growth names in the semiconductors peer group and as such are rewarded by a proportionally higher earnings multiple.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/680a02fe38521c886f802828f1a86480\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: prepared by the author, using data from Seeking Alpha</span></p>\n<p>Due to Nvidia's leading positioning and higher profitability, the company lies above the trend line on the graph above.</p>\n<p>Interestingly enough, if we exclude the high-flying GPU companies, the R-Squared between the rest of the peer group is just 0.12 which means that there isn't a strong relationship between future growth and valuations for everything other than GPUs in the semiconductors space.</p>\n<p>This is due to the fact that NVDA and AMD chips are expected to have a more sustained growth beyond next year as GPUs remain crucial for data centers, autos, digital currencies and a number of other workloads related to artificial intelligence (AI).</p>\n<p>This also means that NVDA and AMD are among the highest duration stocks in the sample and as such the most sensitive to changes in interest rates. Meaning that all else being equal, NVDA and AMD shares will be hit much harder than those of their peers in an event of rising interest rates.</p>\n<p>That is why, NVDA Price-to-Sales ratio trails the performance of iShares 20+ Year Treasury Bond ETF (TLT), which is influenced by long-term bond yields.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a706f8ec1fe650806ddbf2b3730c659\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>In the graph above, the TLT does a very good job at explaining movements in Nvidia's P/S ratio, with the exception of the last quarter of calendar year 2018, when crypto-related demand had a profound impact on the company's topline results.</p>\n<blockquote>\n Three factors contributed to the Q4 gaming revenue decline. First, \n <i>post crypto inventory of GPUs</i>in the channel caused us to reduce shipments in order to allow excess channel inventory to sell through. We expect channel inventory to normalize in Q1 in line with one to two quarter timeline we had outlined on our previous earnings call.\n</blockquote>\n<blockquote>\n Second, \n <i>deteriorating macro economic conditions,</i>impacted consumer demand for our GPUs; and third, sales of certain high end GPUs using our new Turing architecture, including the GeForce RTX 2080 and 2070 were lower than we expected for the launch of a new architecture.\n</blockquote>\n<blockquote>\n Source: Nvidia Q4 of FY 2019 earnings transcript\n</blockquote>\n<p>This also highlights the sensitivity of Nvidia share price to macroeconomic conditions in cryptocurrency-related demand as the share price halved from around $70 in September 2018 (4-to-1 split adjusted) to around $35 in January of the following year.</p>\n<p><b>The elephant in the room</b></p>\n<p>The unprecedented amount of liquidity within the equity markets has been a blessing for high growth momentum stocks, which was one of the best performing areas of the market over the last decade. That is why it is worth noticing that lower interest rates have profound implications for returns of momentum stocks (see the graph below).</p>\n<p>In the graph below I measure momentum by taking a long position in the iShares Edge MSCI USA Momentum Factor ETF (MTUM) and a short position in the iShares Edge MSCI USA Value Factor ETF (VLUE).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2664fc3740387f87d6aa32f635ed3dd1\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: prepared by the author, using data from Yahoo! Finance and fred.stlouisfed.org</span></p>\n<p>After everything we said so far, it should come as no surprise that momentum stocks were one of the best performing areas of the market during 2020, when nominal yields on the 10-year government bonds fell below 1%. During this period, Nvidia share price more than doubled from around $60 (post-split) in January to $130 in December of the same year. And although the company does not make it into the largest holdings of MTUM, its share price was heavily influenced by the performance of the momentum factor.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb70e63d6055785d63a4d52fd5f41b73\" tg-width=\"640\" tg-height=\"422\" referrerpolicy=\"no-referrer\"><span>Source: ishares.com</span></p>\n<p>Nvidia's relationship with momentum factor (MTUM less VLUE) has become an even stronger over the recent months as its share price reached new all-time highs, with the rolling 1-year R-Squared of daily returns hovering above 0.35.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b30576794833fa9f35403aac0c68767b\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: prepared by the author, using data from Yahoo! Finance</span></p>\n<p>Since this might look as a coincidence, the relationship between NVDA and the momentum factor, as constructed by Fama & French, also followed a similar pattern to the one used above.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae61fb668ca8d5dcca59f74af5a02af7\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>* up until 30th of June 2021 due to lack of more recent data Source: prepared by the author, using data from Yahoo! Finance & Fama & French</span></p>\n<p>Nvidia's exposure to the momentum factor is also much stronger than those of other high-flying growth names, such as AMD, Tesla (TSLA) and NIO (NIO).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e5dac0e96644db66820dce414e647ec\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: prepared by the author, using data from Yahoo! Finance</span></p>\n<p>Nvidia was one of the growth stocks that benefited the most from the recent drop in interest rates and as such is at the highest risk of a sharp reversal, should bond yields normalize. Adding the risk of lower demand from cryptocurrency mining, and the prospects of Nvidia share price continuing to outperform look slim. That is why, investors should not be surprised, if going forward Nvidia share price disappoints even as management continues to deliver on its strategy.</p>\n<p>Of course, there is always the possibility that the Federal Reserve will be unable to taper and bring bond yields to a more normalized level, which in itself will be enough to propel Nvidia's share price to new all-time highs. Nevertheless, this is a highly uncertain event that is also unrelated to Nvidia's business performance. Moreover, the outcome of this event will likely have a disproportionately higher influence on Nvidia's future share price performance than the company's products will.</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>Nvidia: Fundamentals Matter Less Than Ever</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: Fundamentals Matter Less Than Ever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 19:42 GMT+8 <a href=https://seekingalpha.com/article/4455441-nvidia-fundamentals-matter-less-than-ever><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNvidia is an undisputed leader in the semiconductors space, with one of the most profitable business models.\nInvestors' focus is usually put on the company's strong product roadmap, which is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4455441-nvidia-fundamentals-matter-less-than-ever\">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://seekingalpha.com/article/4455441-nvidia-fundamentals-matter-less-than-ever","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132437771","content_text":"Summary\n\nNvidia is an undisputed leader in the semiconductors space, with one of the most profitable business models.\nInvestors' focus is usually put on the company's strong product roadmap, which is now less relevant for the share price performance.\nDue to its unique positioning, Nvidia's share price is now more sensitive to market-wide forces than it is to the company's business fundamentals.\n\nwellesenterprises/iStock Editorial via Getty Images\nFrom a relatively small gaming company a couple of years ago, Nvidia (NVDA) has turned into one of the most important technological enterprises globally. From data centers & cloud computing, driverless cars and all kinds of artificial intelligence computing workloads, to gaming, visualization & cryptocurrency mining, Nvidia products are now the lifeblood of the new digital economy.\nNot only is Nvidia's intellectual property uniquely positioned within the new digital age, but the company is also an undisputed leader in the graphics processing unit(GPU)space with a very wide moat. This led to the success story called Nvidia.\nData by YCharts\nGoing forward, however, share price returns are likely to disappoint even in the face of improving business fundamentals. It appears that certain market-wide risks are now in the driver's seat of Nvidia share price and could catch many of Nvidia shareholders off-guard. But before we dig into that, we need to properly account for the leading position business potential of the company.\nAll about GPUs demand\nEven though the Gaming segment still takes a sizeable proportion of Nvidia's business, just over the course of four years Data Center has become equally important in size.\nSource: Nvidia Annual Investor Day 2021\nAs if the already ongoing trend towards more cloud-based workloads was not enough, the current pandemic significantly accelerated the overall demand.\n\nIn addition to data centers, the automotive industry is also starving for Nvidia's chips which made the company deeply embedded in the automotive ecosystem.\n\n NVIDIA is working with several hundred partners in the automotive ecosystem including automakers, truck makers, tier one suppliers, sensor manufacturers, automotive research institutions, HD mapping companies, and startups to develop and deploy AI systems for self-driving vehicles.\n\n\n Source: Nvidia Annual Report 2021\n\nSource: Nvidia Annual Investor Day 2021\nLast but not least, the tug-of-war between gamers and cryptocurrency miners has resulted in both higher volume sales as well as higher pricing of Nvidia's GPUs. The uptick in energy consumption for cryptocurrency mining, coupled with the overall preference for Nvidia GPUs was yet another tailwind for the company's Gaming division.\nSource: bbc.com\nImplications for the Income Statement\nThe perfect storm for GPUs demand and Nvidia's leading position in the segment resulted in the 53% topline growth in fiscal year 2021 and 31% so far for the FY 2022.\nSource: prepared by the author, using data from Seeking Alpha\nGoing forward, NVDA is likely to sustain this high topline growth rate, which is expected to somehow cool-off following fiscal year 2022.\nSource: Seeking Alpha\nThe forward growth rate of NVDA is comparable only to that of its other GPU rival - AMD (AMD), which is expected to grow at a similar rate over the next two fiscal years.\n* compounded annual growth rate from the most recently completed fiscal year's revenue to analysts' consensus revenue estimates for two fiscal years forward Source: prepared by the author, using data from Seeking Alpha\nHowever, while AMD's share price benefited massively from the strong GPU demand and its recent comeback to the CPU stage, Nvidia retained an industry-leading profitability.\nData by YCharts\nThis allowed NVDA to spend significantly more than its rival AMD on Research & Development expenses.\nSource: prepared by the author, using data from Seeking Alpha\nEven adjusted for size, Nvidia has also been consistently outspending AMD on R&D investments.\nSource: prepared by the author, using data from Seeking Alpha\nWhile organic growth opportunities for Nvidia might seem endless at this point in time, the semiconductors industry remains highly cyclical and sooner or later even the GPU demand will cool off.\nSource: prepared by the author, using data from fred.stlouisfed.org and semi.org\nThat is why, even in the midst of the GPU shortages, Nvidia management is capitalizing on its extremely high valuation by tapping into the strategic acquisition of ARM.\nSource: Nvidia to acquire ARM presentation\n\n Under the terms of the transaction, which has been approved by the boards of directors of NVIDIA, SBG and Arm, NVIDIA will pay to SoftBank a total of \n $21.5 billion in NVIDIA common stockand $12 billion in cash, which includes $2 billion payable at signing.\n\n\nSource:nvidianews.nvidia.com\n\nThe ARM deal, which is still under review by the regulators, was also one of the largest Tech deals for 2020.\nSource: cbinsights.com\nIn addition to high M&A activity being a sign of a peak in market valuations, analysts' sentiment on Nvidia is also exceptionally optimistic which suggests that the near-term growth is already priced in.\nSource: Seeking Alpha\nThe value conundrum\nAs rosy as everything seems for NVDA right now, there should a price that is simply too high even when accounting for Nvidia's strong positioning. So far as growth accelerated so did the company's P/E ratio, which suggests an even more optimistic future scenario. However, neither Nvidia's bottom line nor its earnings multiple can go on an upward trajectory forever.\nData by YCharts\nAfter everything we said so far, we have some solid reasons to believe that the earnings per share (EPS) growth will be sustained for the time being, even in the face of the cyclical nature of the industry. But at such high valuations, the price premium attached to EPS growth is far more important for future returns. In other words, Nvidia's bottom line could fulfil even the rosiest forecasts but the share price could still disappoint, if the premium paid for high growth decreases.\nAs we saw earlier, right now both NVDA and AMD are the two highest growth names in the semiconductors peer group and as such are rewarded by a proportionally higher earnings multiple.\nSource: prepared by the author, using data from Seeking Alpha\nDue to Nvidia's leading positioning and higher profitability, the company lies above the trend line on the graph above.\nInterestingly enough, if we exclude the high-flying GPU companies, the R-Squared between the rest of the peer group is just 0.12 which means that there isn't a strong relationship between future growth and valuations for everything other than GPUs in the semiconductors space.\nThis is due to the fact that NVDA and AMD chips are expected to have a more sustained growth beyond next year as GPUs remain crucial for data centers, autos, digital currencies and a number of other workloads related to artificial intelligence (AI).\nThis also means that NVDA and AMD are among the highest duration stocks in the sample and as such the most sensitive to changes in interest rates. Meaning that all else being equal, NVDA and AMD shares will be hit much harder than those of their peers in an event of rising interest rates.\nThat is why, NVDA Price-to-Sales ratio trails the performance of iShares 20+ Year Treasury Bond ETF (TLT), which is influenced by long-term bond yields.\nData by YCharts\nIn the graph above, the TLT does a very good job at explaining movements in Nvidia's P/S ratio, with the exception of the last quarter of calendar year 2018, when crypto-related demand had a profound impact on the company's topline results.\n\n Three factors contributed to the Q4 gaming revenue decline. First, \n post crypto inventory of GPUsin the channel caused us to reduce shipments in order to allow excess channel inventory to sell through. We expect channel inventory to normalize in Q1 in line with one to two quarter timeline we had outlined on our previous earnings call.\n\n\n Second, \n deteriorating macro economic conditions,impacted consumer demand for our GPUs; and third, sales of certain high end GPUs using our new Turing architecture, including the GeForce RTX 2080 and 2070 were lower than we expected for the launch of a new architecture.\n\n\n Source: Nvidia Q4 of FY 2019 earnings transcript\n\nThis also highlights the sensitivity of Nvidia share price to macroeconomic conditions in cryptocurrency-related demand as the share price halved from around $70 in September 2018 (4-to-1 split adjusted) to around $35 in January of the following year.\nThe elephant in the room\nThe unprecedented amount of liquidity within the equity markets has been a blessing for high growth momentum stocks, which was one of the best performing areas of the market over the last decade. That is why it is worth noticing that lower interest rates have profound implications for returns of momentum stocks (see the graph below).\nIn the graph below I measure momentum by taking a long position in the iShares Edge MSCI USA Momentum Factor ETF (MTUM) and a short position in the iShares Edge MSCI USA Value Factor ETF (VLUE).\nSource: prepared by the author, using data from Yahoo! Finance and fred.stlouisfed.org\nAfter everything we said so far, it should come as no surprise that momentum stocks were one of the best performing areas of the market during 2020, when nominal yields on the 10-year government bonds fell below 1%. During this period, Nvidia share price more than doubled from around $60 (post-split) in January to $130 in December of the same year. And although the company does not make it into the largest holdings of MTUM, its share price was heavily influenced by the performance of the momentum factor.\nSource: ishares.com\nNvidia's relationship with momentum factor (MTUM less VLUE) has become an even stronger over the recent months as its share price reached new all-time highs, with the rolling 1-year R-Squared of daily returns hovering above 0.35.\nSource: prepared by the author, using data from Yahoo! Finance\nSince this might look as a coincidence, the relationship between NVDA and the momentum factor, as constructed by Fama & French, also followed a similar pattern to the one used above.\n* up until 30th of June 2021 due to lack of more recent data Source: prepared by the author, using data from Yahoo! Finance & Fama & French\nNvidia's exposure to the momentum factor is also much stronger than those of other high-flying growth names, such as AMD, Tesla (TSLA) and NIO (NIO).\nSource: prepared by the author, using data from Yahoo! Finance\nNvidia was one of the growth stocks that benefited the most from the recent drop in interest rates and as such is at the highest risk of a sharp reversal, should bond yields normalize. Adding the risk of lower demand from cryptocurrency mining, and the prospects of Nvidia share price continuing to outperform look slim. That is why, investors should not be surprised, if going forward Nvidia share price disappoints even as management continues to deliver on its strategy.\nOf course, there is always the possibility that the Federal Reserve will be unable to taper and bring bond yields to a more normalized level, which in itself will be enough to propel Nvidia's share price to new all-time highs. Nevertheless, this is a highly uncertain event that is also unrelated to Nvidia's business performance. Moreover, the outcome of this event will likely have a disproportionately higher influence on Nvidia's future share price performance than the company's products will.","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197521416,"gmtCreate":1621474596435,"gmtModify":1704358163823,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/197521416","repostId":"1129952039","repostType":4,"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581853725647272","authorId":"3581853725647272","name":"JerlinTan","avatar":"https://static.tigerbbs.com/06e97d9d1f6e585d5dc673ff8fcc8386","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581853725647272","idStr":"3581853725647272"},"content":"Commented. Pls response back.","text":"Commented. Pls response back.","html":"Commented. Pls response back."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093524393,"gmtCreate":1643676144972,"gmtModify":1676533842205,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9093524393","repostId":"2208335465","repostType":4,"repost":{"id":"2208335465","kind":"news","pubTimestamp":1643670433,"share":"https://ttm.financial/m/news/2208335465?lang=&edition=full_marsco","pubTime":"2022-02-01 07:07","market":"us","language":"en","title":"US STOCKS-Nasdaq Narrowly Misses Worst January Ever as Wall Street Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2208335465","media":"Reuters","summary":"* Nasdaq posts worst January since 2008* S&P 500, Dow see worst month since March 2020* Citrix falls","content":"<html><head></head><body><p>* Nasdaq posts worst January since 2008</p><p>* S&P 500, Dow see worst month since March 2020</p><p>* Citrix falls on $16.5 bln deal to take it private</p><p>* Indexes end up: Dow 1.17%, S&P 1.89%, Nasdaq 3.41%</p><p>Jan 31 (Reuters) - U.S. stocks closed higher on Monday, at the end of a volatile month for Wall Street where the tech-heavy Nasdaq narrowly avoided its worst ever start to the year and the S&P 500 recorded its weakest January performance since 2009.</p><p>Valuations of growth and technology stocks have come under increasing scrutiny, as investors fretted about companies trading at lofty valuations at a time when the U.S. Federal Reserve is set to begin raising interest rates to combat inflation and withdraw its pandemic stimulus measures.</p><p>In early Monday trading, the Nasdaq was on course to surpass its worst opening-month performance on record, when it fell 9.89% in 2008. However, after its best <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day gain since March 2021, it closed out January down 8.99%.</p><p>"At the end of the day, interest rates are going to have to move higher, and companies with high multiples will have to trade lower," said Decio Nascimento, chief investment officer of Norbury Partners.</p><p>He added that, with costs such as wages rising, there will be increased investor focus on sectors that can better handle those inflationary pressures, with less latitude for companies which promise future growth but which currently generate negative cash flow.</p><p>All of the 11 major S&P sectors advanced, led by a 3.8% rise in consumer discretionary stocks. The gain was led by Tesla Inc, which jumped 10.7% after Credit Suisse raised the electric car maker's stock rating to "outperform".</p><p>For January though, consumer discretionary was the worst performing sector, slipping 9.7%. In all, only the energy sector ended the month in positive territory, aided by oil prices hitting their highest level since October 2014 on Friday.</p><p>Overall, the bellwether S&P 500 had its worst overall month since the pandemic-led crash in March 2020.</p><p>The U.S. Federal Reserve last week signaled it intends to combat the four-decade high inflation by hiking key interest rates more aggressively than many market participants expected.</p><p>Fed funds futures traders are pricing in almost five rate increases by year-end, with some banks, such as the Bank of America now eyeing seven hikes this year.</p><p>"What the Fed did last week was to widen the spectrum of possibility of what rates could be in a year or two, so when you do that, you are going to create volatility in equities" said Norbury Partners' Nascimento.</p><p>Geopolitical tensions have added to market uncertainty, with the U.S. and its allies threatening Russia with new economic sanctions if it attacks Ukraine.</p><p>The Dow Jones Industrial Average rose 406.39 points, or 1.17%, to 35,131.86, the S&P 500 gained 83.7 points, or 1.89%, to 4,515.55 and the Nasdaq Composite added 469.31 points, or 3.41%, to 14,239.88.</p><p>Boeing Co rose 5.1%. The U.S. planemaker secured a launch order from Qatar Airways for a new freighter version of its 777X passenger jet and a provisional order for 737 MAX jets.</p><p>Citrix Systems Inc's shares fell 3.4% after the software company said it had agreed to be taken private for $16.5 billion including debt by affiliates of Elliott Management and <a href=\"https://laohu8.com/S/VGL.AU\">Vista</a> Equity Partners.</p><p>Volume on U.S. exchanges was 12.67 billion shares, compared with the 12.37 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted eight new 52-week highs and no new lows; the Nasdaq Composite recorded 30 new highs and 45 new lows.</p></body></html>","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>US STOCKS-Nasdaq Narrowly Misses Worst January Ever as Wall Street Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Nasdaq Narrowly Misses Worst January Ever as Wall Street Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-01 07:07 GMT+8 <a href=https://finance.yahoo.com/news/us-stocks-nasdaq-narrowly-misses-214318546.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* Nasdaq posts worst January since 2008* S&P 500, Dow see worst month since March 2020* Citrix falls on $16.5 bln deal to take it private* Indexes end up: Dow 1.17%, S&P 1.89%, Nasdaq 3.41%Jan 31 (...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-nasdaq-narrowly-misses-214318546.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音","COMP":"Compass, Inc.","CTXS":"思杰系统"},"source_url":"https://finance.yahoo.com/news/us-stocks-nasdaq-narrowly-misses-214318546.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2208335465","content_text":"* Nasdaq posts worst January since 2008* S&P 500, Dow see worst month since March 2020* Citrix falls on $16.5 bln deal to take it private* Indexes end up: Dow 1.17%, S&P 1.89%, Nasdaq 3.41%Jan 31 (Reuters) - U.S. stocks closed higher on Monday, at the end of a volatile month for Wall Street where the tech-heavy Nasdaq narrowly avoided its worst ever start to the year and the S&P 500 recorded its weakest January performance since 2009.Valuations of growth and technology stocks have come under increasing scrutiny, as investors fretted about companies trading at lofty valuations at a time when the U.S. Federal Reserve is set to begin raising interest rates to combat inflation and withdraw its pandemic stimulus measures.In early Monday trading, the Nasdaq was on course to surpass its worst opening-month performance on record, when it fell 9.89% in 2008. However, after its best one-day gain since March 2021, it closed out January down 8.99%.\"At the end of the day, interest rates are going to have to move higher, and companies with high multiples will have to trade lower,\" said Decio Nascimento, chief investment officer of Norbury Partners.He added that, with costs such as wages rising, there will be increased investor focus on sectors that can better handle those inflationary pressures, with less latitude for companies which promise future growth but which currently generate negative cash flow.All of the 11 major S&P sectors advanced, led by a 3.8% rise in consumer discretionary stocks. The gain was led by Tesla Inc, which jumped 10.7% after Credit Suisse raised the electric car maker's stock rating to \"outperform\".For January though, consumer discretionary was the worst performing sector, slipping 9.7%. In all, only the energy sector ended the month in positive territory, aided by oil prices hitting their highest level since October 2014 on Friday.Overall, the bellwether S&P 500 had its worst overall month since the pandemic-led crash in March 2020.The U.S. Federal Reserve last week signaled it intends to combat the four-decade high inflation by hiking key interest rates more aggressively than many market participants expected.Fed funds futures traders are pricing in almost five rate increases by year-end, with some banks, such as the Bank of America now eyeing seven hikes this year.\"What the Fed did last week was to widen the spectrum of possibility of what rates could be in a year or two, so when you do that, you are going to create volatility in equities\" said Norbury Partners' Nascimento.Geopolitical tensions have added to market uncertainty, with the U.S. and its allies threatening Russia with new economic sanctions if it attacks Ukraine.The Dow Jones Industrial Average rose 406.39 points, or 1.17%, to 35,131.86, the S&P 500 gained 83.7 points, or 1.89%, to 4,515.55 and the Nasdaq Composite added 469.31 points, or 3.41%, to 14,239.88.Boeing Co rose 5.1%. The U.S. planemaker secured a launch order from Qatar Airways for a new freighter version of its 777X passenger jet and a provisional order for 737 MAX jets.Citrix Systems Inc's shares fell 3.4% after the software company said it had agreed to be taken private for $16.5 billion including debt by affiliates of Elliott Management and Vista Equity Partners.Volume on U.S. exchanges was 12.67 billion shares, compared with the 12.37 billion average for the full session over the last 20 trading days.The S&P 500 posted eight new 52-week highs and no new lows; the Nasdaq Composite recorded 30 new highs and 45 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099821882,"gmtCreate":1643332251773,"gmtModify":1676533806384,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9099821882","repostId":"1122320524","repostType":4,"repost":{"id":"1122320524","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":1643321766,"share":"https://ttm.financial/m/news/1122320524?lang=&edition=full_marsco","pubTime":"2022-01-28 06:16","market":"us","language":"en","title":"Apple Sales and Profit Top Estimates as Hit from Chip Shortages Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122320524","media":"Reuters","summary":"Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iP","content":"<html><head></head><body><p>Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chips shortage that it said has begun easing cost it over $6 billion in revenue.</p><p>Apple shares rose over 4% to $165.80 in after-hours trading. But they have been down 10% this year, in line with the broader market, as investors reconsider stocks that have soared during the pandemic and shift funds toward safer assets.</p><p><img src=\"https://static.tigerbbs.com/b9aae61d17bfaf1ba4c776a3135dc67c\" tg-width=\"842\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>The record results for the quarter ended Dec. 25 reflected what analysts have described as Apple taking advantage of its incredible size. The company, which has more than 1.8 billion active devices in the market, has been able to squeeze suppliers and manufacturers to produce big quantities of iPhones and other devices despite shortages brought on by the pandemic and most recently the Omicron variant.</p><p>"They've navigated the supply chain better than everybody, and it's showing in the results," said Ryan Reith, who studies the smartphone market for industry tracker IDC.</p><p>Demand during the holiday quarter outstripped supply in line with Apple's expectations, Chief Financial Officer Luca Maestri told Reuters in an interview, noting that the effect was more than $6 billion in lost sales. But he said constraints would decrease in the current quarter, ending in March.</p><p>"The level of constraint will depend a lot on other companies, what will be the demand for chips from other companies and other industries. It's difficult for us to predict, so we try to focus on the short term," he said.</p><p>With few rival phones debuting in the holiday shopping season, the iPhone 13, which started shipping days before the quarter began, led to worldwide phone sales revenue for Apple of $71.6 billion, a 9% increase from the 2020 holiday season that handily beat Wall Street targets, according to Refinitiv data.</p><p>Apple's smartphone market share in China reached a record 23% in the holiday quarter, when it was the top-selling vendor there for the first time in six years, research firm Counterpoint Research reported on Wednesday.</p><p>The company's overall fiscal first-quarter revenue was $123.9 billion, 11% up from last year and higher than analysts' average estimate of $118.7 billion. Profit was $34.6 billion, or $2.10 per share, compared with analysts' expectations of $31 billion and $1.89 per share.</p><p>The pandemic has accelerated adoption of digital tools for communication, learning and entertainment, powering Apple to blowout sales across each of the company's segments, including computers, accessories and tablets.</p><p>Apple's services business, which covers paid apps such as Apple TV+, Apple Music and Apple Fitness, also has seen a big bump. Services revenue rose 24% to $19.5 billion, topping analysts' estimates of $18.6 billion. The company has 785 million paying subscribers across its offerings, an increase from 620 million a year ago and 745 million last quarter.</p><p>Sales for iPads fell 14% to $7.25 billion compared with analyst estimates of $8.2 billion, seeming to confirm industry predictions that iPads would have low priority for any scarce parts.</p><p>Sales for Macs rose 25% to $10.9 billion compared with estimates of $9.5 billion, and sales for accessories rose 13% to $14.7 billion compared with estimates of $14.6 billion.</p><p>For investors, the growing services business is helping mitigate production challenges. Apple is trading at 27 times expected earnings over the next 12 months. While down from as much as 35 a year ago, it remains above the company's five-year average of 20 times expected earnings, according to Refinitiv.</p><p>Apple is facing antitrust pressure in the United States and Europe that could lead to new regulations that cut into its services revenue.</p><p>Late last month, the Dutch Authority for Consumers and Markets (ACM) ordered Apple to make changes for apps on offer in the Apple App Store in the Netherlands by Jan. 15 or face fines, after it found that the U.S. company had abused its market dominance by requiring dating app developers to exclusively use Apple's in-app payment system.</p><p>Supply chain issues are dragging on and concern remains about how long it will take Apple to deliver its next big product, such as an augmented reality headset or an electric vehicle.</p><p>Apple had reported strong customer response to its latest release, the AirTag, when the accessory began shipping in the fiscal third quarter of 2021.</p><p>Apple posted a rare revenue miss in the fiscal quarter ended Sept. 25, which CEO Tim Cook attributed to pandemic-related supply constraints and manufacturing disruptions that together cost the company an estimated $6 billion in sales.</p><p>But smaller rivals are struggling to keep up with production, leading to Apple market share gains in regions such as China, said Angelo Zino of CFRA Research in a research note.</p><p>"Since Apple has many customized components going into the iPhones, Macs, Apple Watch and others and the scale (volume and price) at which it procures, Apple has been able to lock-in suppliers’ capacities to timely produce those parts with lesser delays," said Neil Shah of Counterpoint Research.</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>Apple Sales and Profit Top Estimates as Hit from Chip Shortages Eases</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\">\nApple Sales and Profit Top Estimates as Hit from Chip Shortages Eases\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\">2022-01-28 06:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chips shortage that it said has begun easing cost it over $6 billion in revenue.</p><p>Apple shares rose over 4% to $165.80 in after-hours trading. But they have been down 10% this year, in line with the broader market, as investors reconsider stocks that have soared during the pandemic and shift funds toward safer assets.</p><p><img src=\"https://static.tigerbbs.com/b9aae61d17bfaf1ba4c776a3135dc67c\" tg-width=\"842\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>The record results for the quarter ended Dec. 25 reflected what analysts have described as Apple taking advantage of its incredible size. The company, which has more than 1.8 billion active devices in the market, has been able to squeeze suppliers and manufacturers to produce big quantities of iPhones and other devices despite shortages brought on by the pandemic and most recently the Omicron variant.</p><p>"They've navigated the supply chain better than everybody, and it's showing in the results," said Ryan Reith, who studies the smartphone market for industry tracker IDC.</p><p>Demand during the holiday quarter outstripped supply in line with Apple's expectations, Chief Financial Officer Luca Maestri told Reuters in an interview, noting that the effect was more than $6 billion in lost sales. But he said constraints would decrease in the current quarter, ending in March.</p><p>"The level of constraint will depend a lot on other companies, what will be the demand for chips from other companies and other industries. It's difficult for us to predict, so we try to focus on the short term," he said.</p><p>With few rival phones debuting in the holiday shopping season, the iPhone 13, which started shipping days before the quarter began, led to worldwide phone sales revenue for Apple of $71.6 billion, a 9% increase from the 2020 holiday season that handily beat Wall Street targets, according to Refinitiv data.</p><p>Apple's smartphone market share in China reached a record 23% in the holiday quarter, when it was the top-selling vendor there for the first time in six years, research firm Counterpoint Research reported on Wednesday.</p><p>The company's overall fiscal first-quarter revenue was $123.9 billion, 11% up from last year and higher than analysts' average estimate of $118.7 billion. Profit was $34.6 billion, or $2.10 per share, compared with analysts' expectations of $31 billion and $1.89 per share.</p><p>The pandemic has accelerated adoption of digital tools for communication, learning and entertainment, powering Apple to blowout sales across each of the company's segments, including computers, accessories and tablets.</p><p>Apple's services business, which covers paid apps such as Apple TV+, Apple Music and Apple Fitness, also has seen a big bump. Services revenue rose 24% to $19.5 billion, topping analysts' estimates of $18.6 billion. The company has 785 million paying subscribers across its offerings, an increase from 620 million a year ago and 745 million last quarter.</p><p>Sales for iPads fell 14% to $7.25 billion compared with analyst estimates of $8.2 billion, seeming to confirm industry predictions that iPads would have low priority for any scarce parts.</p><p>Sales for Macs rose 25% to $10.9 billion compared with estimates of $9.5 billion, and sales for accessories rose 13% to $14.7 billion compared with estimates of $14.6 billion.</p><p>For investors, the growing services business is helping mitigate production challenges. Apple is trading at 27 times expected earnings over the next 12 months. While down from as much as 35 a year ago, it remains above the company's five-year average of 20 times expected earnings, according to Refinitiv.</p><p>Apple is facing antitrust pressure in the United States and Europe that could lead to new regulations that cut into its services revenue.</p><p>Late last month, the Dutch Authority for Consumers and Markets (ACM) ordered Apple to make changes for apps on offer in the Apple App Store in the Netherlands by Jan. 15 or face fines, after it found that the U.S. company had abused its market dominance by requiring dating app developers to exclusively use Apple's in-app payment system.</p><p>Supply chain issues are dragging on and concern remains about how long it will take Apple to deliver its next big product, such as an augmented reality headset or an electric vehicle.</p><p>Apple had reported strong customer response to its latest release, the AirTag, when the accessory began shipping in the fiscal third quarter of 2021.</p><p>Apple posted a rare revenue miss in the fiscal quarter ended Sept. 25, which CEO Tim Cook attributed to pandemic-related supply constraints and manufacturing disruptions that together cost the company an estimated $6 billion in sales.</p><p>But smaller rivals are struggling to keep up with production, leading to Apple market share gains in regions such as China, said Angelo Zino of CFRA Research in a research note.</p><p>"Since Apple has many customized components going into the iPhones, Macs, Apple Watch and others and the scale (volume and price) at which it procures, Apple has been able to lock-in suppliers’ capacities to timely produce those parts with lesser delays," said Neil Shah of Counterpoint Research.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122320524","content_text":"Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chips shortage that it said has begun easing cost it over $6 billion in revenue.Apple shares rose over 4% to $165.80 in after-hours trading. But they have been down 10% this year, in line with the broader market, as investors reconsider stocks that have soared during the pandemic and shift funds toward safer assets.The record results for the quarter ended Dec. 25 reflected what analysts have described as Apple taking advantage of its incredible size. The company, which has more than 1.8 billion active devices in the market, has been able to squeeze suppliers and manufacturers to produce big quantities of iPhones and other devices despite shortages brought on by the pandemic and most recently the Omicron variant.\"They've navigated the supply chain better than everybody, and it's showing in the results,\" said Ryan Reith, who studies the smartphone market for industry tracker IDC.Demand during the holiday quarter outstripped supply in line with Apple's expectations, Chief Financial Officer Luca Maestri told Reuters in an interview, noting that the effect was more than $6 billion in lost sales. But he said constraints would decrease in the current quarter, ending in March.\"The level of constraint will depend a lot on other companies, what will be the demand for chips from other companies and other industries. It's difficult for us to predict, so we try to focus on the short term,\" he said.With few rival phones debuting in the holiday shopping season, the iPhone 13, which started shipping days before the quarter began, led to worldwide phone sales revenue for Apple of $71.6 billion, a 9% increase from the 2020 holiday season that handily beat Wall Street targets, according to Refinitiv data.Apple's smartphone market share in China reached a record 23% in the holiday quarter, when it was the top-selling vendor there for the first time in six years, research firm Counterpoint Research reported on Wednesday.The company's overall fiscal first-quarter revenue was $123.9 billion, 11% up from last year and higher than analysts' average estimate of $118.7 billion. Profit was $34.6 billion, or $2.10 per share, compared with analysts' expectations of $31 billion and $1.89 per share.The pandemic has accelerated adoption of digital tools for communication, learning and entertainment, powering Apple to blowout sales across each of the company's segments, including computers, accessories and tablets.Apple's services business, which covers paid apps such as Apple TV+, Apple Music and Apple Fitness, also has seen a big bump. Services revenue rose 24% to $19.5 billion, topping analysts' estimates of $18.6 billion. The company has 785 million paying subscribers across its offerings, an increase from 620 million a year ago and 745 million last quarter.Sales for iPads fell 14% to $7.25 billion compared with analyst estimates of $8.2 billion, seeming to confirm industry predictions that iPads would have low priority for any scarce parts.Sales for Macs rose 25% to $10.9 billion compared with estimates of $9.5 billion, and sales for accessories rose 13% to $14.7 billion compared with estimates of $14.6 billion.For investors, the growing services business is helping mitigate production challenges. Apple is trading at 27 times expected earnings over the next 12 months. While down from as much as 35 a year ago, it remains above the company's five-year average of 20 times expected earnings, according to Refinitiv.Apple is facing antitrust pressure in the United States and Europe that could lead to new regulations that cut into its services revenue.Late last month, the Dutch Authority for Consumers and Markets (ACM) ordered Apple to make changes for apps on offer in the Apple App Store in the Netherlands by Jan. 15 or face fines, after it found that the U.S. company had abused its market dominance by requiring dating app developers to exclusively use Apple's in-app payment system.Supply chain issues are dragging on and concern remains about how long it will take Apple to deliver its next big product, such as an augmented reality headset or an electric vehicle.Apple had reported strong customer response to its latest release, the AirTag, when the accessory began shipping in the fiscal third quarter of 2021.Apple posted a rare revenue miss in the fiscal quarter ended Sept. 25, which CEO Tim Cook attributed to pandemic-related supply constraints and manufacturing disruptions that together cost the company an estimated $6 billion in sales.But smaller rivals are struggling to keep up with production, leading to Apple market share gains in regions such as China, said Angelo Zino of CFRA Research in a research note.\"Since Apple has many customized components going into the iPhones, Macs, Apple Watch and others and the scale (volume and price) at which it procures, Apple has been able to lock-in suppliers’ capacities to timely produce those parts with lesser delays,\" said Neil Shah of Counterpoint Research.","news_type":1},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9000844319,"gmtCreate":1640131771880,"gmtModify":1676533502236,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9000844319","repostId":"2193409169","repostType":4,"repost":{"id":"2193409169","kind":"news","pubTimestamp":1640130748,"share":"https://ttm.financial/m/news/2193409169?lang=&edition=full_marsco","pubTime":"2021-12-22 07:52","market":"us","language":"en","title":"Musk Tweet Fund Adminstrator Isn’t Filing Statements, Judge Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2193409169","media":"Bloomberg","summary":"A judge is questioning the status of a $40 million fund that was established from fines paid by Elon","content":"<p>A judge is questioning the status of a $40 million fund that was established from fines paid by Elon Musk and Tesla Inc. over controversial tweets.</p>\n<p><img src=\"https://static.tigerbbs.com/34303fe3ef3b8cde9055b821a3e00b6b\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"></p>\n<p>The firm appointed in May to administer distributions from the fund, set up by the U.S. Securities and Exchange Commission for harmed investors, hasn’t filed required accounting statements, U.S. District Judge Alison Nathan said in an order Tuesday. She directed Rust Consulting to submit a status report by Jan. 7.</p>\n<p>The SEC reached a settlement with Musk and Tesla in September 2018 after suing the billionaire over his tweeted claims weeks earlier that he had the funding and investor support to buy out stockholders at $420 a share. The SEC alleged the tweets were false, and while Musk and Tesla didn’t admit to wrongdoing as part of the accord, the agency set up a so-called Fair Fund to repay investors harmed by Musk’s statements.</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>Musk Tweet Fund Adminstrator Isn’t Filing Statements, Judge Says</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\">\nMusk Tweet Fund Adminstrator Isn’t Filing Statements, Judge Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-22 07:52 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-12-21/musk-tweet-fund-adminstrator-isn-t-filing-statements-judge-says?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A judge is questioning the status of a $40 million fund that was established from fines paid by Elon Musk and Tesla Inc. over controversial tweets.\n\nThe firm appointed in May to administer ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-21/musk-tweet-fund-adminstrator-isn-t-filing-statements-judge-says?srnd=technology-vp\">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/2021-12-21/musk-tweet-fund-adminstrator-isn-t-filing-statements-judge-says?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193409169","content_text":"A judge is questioning the status of a $40 million fund that was established from fines paid by Elon Musk and Tesla Inc. over controversial tweets.\n\nThe firm appointed in May to administer distributions from the fund, set up by the U.S. Securities and Exchange Commission for harmed investors, hasn’t filed required accounting statements, U.S. District Judge Alison Nathan said in an order Tuesday. She directed Rust Consulting to submit a status report by Jan. 7.\nThe SEC reached a settlement with Musk and Tesla in September 2018 after suing the billionaire over his tweeted claims weeks earlier that he had the funding and investor support to buy out stockholders at $420 a share. The SEC alleged the tweets were false, and while Musk and Tesla didn’t admit to wrongdoing as part of the accord, the agency set up a so-called Fair Fund to repay investors harmed by Musk’s statements.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153265863,"gmtCreate":1625028354952,"gmtModify":1703850488143,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/153265863","repostId":"2147585034","repostType":4,"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123944190,"gmtCreate":1624407560910,"gmtModify":1703835642238,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Comment & like pls","listText":"Comment & like pls","text":"Comment & like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/123944190","repostId":"2145664330","repostType":4,"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189424524,"gmtCreate":1623286167168,"gmtModify":1704200023362,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/189424524","repostId":"2142433322","repostType":4,"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582248787663478","authorId":"3582248787663478","name":"kcdc86","avatar":"https://community-static.tradeup.com/news/cc68f682561b677ba318c1b85eb97dee","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3582248787663478","idStr":"3582248787663478"},"content":"Comment n like.. Thanks..","text":"Comment n like.. Thanks..","html":"Comment n like.. Thanks.."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983848125,"gmtCreate":1666222732468,"gmtModify":1676537723738,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9983848125","repostId":"2276745435","repostType":4,"repost":{"id":"2276745435","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":1666219547,"share":"https://ttm.financial/m/news/2276745435?lang=&edition=full_marsco","pubTime":"2022-10-20 06:45","market":"us","language":"en","title":"Tesla Sees 2022 Delivery Miss, Q3 Revenue Comes in Below Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2276745435","media":"Reuters","summary":"(Reuters) -$Tesla Inc (TSLA)$ Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand afte","content":"<html><head></head><body><p>(Reuters) -<a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company's revenue missed Wall Street estimates.</p><p>The billionaire told analysts on a conference call there was excellent demand for the fourth quarter, addressing investor concern that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.</p><p>But he said some logistics challenges would persist, with fourth-quarter deliveries tracking under 50% growth while production hit 50% growth.</p><p>"I wouldn't say we're recession proof, but it's certainly recession resilient," he said.</p><p>Shares fell 6.28% in after-market trading.</p><p><img src=\"https://static.tigerbbs.com/158a86665b6e0842ed94e776cf18cd84\" tg-width=\"860\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/></p><p>Tesla is expanding fast despite global economic jitters, and investors are closely watching for signs that the cooling economy would hurt demand.</p><p><b>The company's third-quarter automotive gross margin was 27.9%, missing analysts' estimates and down from 30.5% a year earlier.</b></p><p><b>Tesla's revenue for the third quarter was $21.45 billion, a record but short of analysts' estimates of $21.96 billion</b>, according to IBES data from Refinitiv.</p><p>The company said it had a negative foreign exchange impact of $250 million on its earnings as the U.S. dollar strengthened against major currencies.</p><p>"Raw material cost inflation impacted our profitability along with ramp inefficiencies" from its new factories in Berlin and Texas, and the production of its new 4680 batteries, according to Tesla's statement. Musk added that production of the 4680 battery was gaining rapid traction, although executive Andrew Baglino said, "There are challenges still ahead that we have not yet surpassed. No doubt."</p><p>Musk also said the company has the ability to do a stock buyback in the range of $5 billion to $10 billion, pending board review and approval.</p><h3>PATH TO PASS APPLE MARKET SHARE</h3><p>Early this month, Tesla said it delivered 35% more vehicles in the July-September period than in the previous quarter, but the record number was shy of vehicle production and analysts' estimates.</p><p>The electric vehicle pioneer has seen its shares tumble about 50% from record highs last November as investors were spooked by a cooling global economy and Musk's bid to buy social media company <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p><p>Musk told the conference call he saw a path for Tesla to be worth more than two mammoth companies, Apple Inc (AAPL.O) and Saudi Aramco (2222.SE), combined. Tesla's market cap is now under $700 billion, while Apple is worth $2.3 trillion and oil producer Saudi Aramco is worth $2.1 trillion.</p><p>Analysts had expected Musk to voice optimism about Tesla in the conference call. Musk has been trying to raise cash to fund his $44 billion deal to take Twitter Inc private. Some experts say Musk may need to sell about $3 billion more in stock after the earnings announcement to help fund the deal.</p><p>Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc (TWTR.N), although he and other investors were overpaying for the social media company.</p><p>Musk also said Tesla's Cybertruck pick-up truck was on track to enter production in the middle of next year and its heavy duty semi truck, which will begin deliveries later this year, could see 50,000 units in North America in 2024.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Sees 2022 Delivery Miss, Q3 Revenue Comes in Below Forecast</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 Sees 2022 Delivery Miss, Q3 Revenue Comes in Below Forecast\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\">2022-10-20 06:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) -<a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company's revenue missed Wall Street estimates.</p><p>The billionaire told analysts on a conference call there was excellent demand for the fourth quarter, addressing investor concern that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.</p><p>But he said some logistics challenges would persist, with fourth-quarter deliveries tracking under 50% growth while production hit 50% growth.</p><p>"I wouldn't say we're recession proof, but it's certainly recession resilient," he said.</p><p>Shares fell 6.28% in after-market trading.</p><p><img src=\"https://static.tigerbbs.com/158a86665b6e0842ed94e776cf18cd84\" tg-width=\"860\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/></p><p>Tesla is expanding fast despite global economic jitters, and investors are closely watching for signs that the cooling economy would hurt demand.</p><p><b>The company's third-quarter automotive gross margin was 27.9%, missing analysts' estimates and down from 30.5% a year earlier.</b></p><p><b>Tesla's revenue for the third quarter was $21.45 billion, a record but short of analysts' estimates of $21.96 billion</b>, according to IBES data from Refinitiv.</p><p>The company said it had a negative foreign exchange impact of $250 million on its earnings as the U.S. dollar strengthened against major currencies.</p><p>"Raw material cost inflation impacted our profitability along with ramp inefficiencies" from its new factories in Berlin and Texas, and the production of its new 4680 batteries, according to Tesla's statement. Musk added that production of the 4680 battery was gaining rapid traction, although executive Andrew Baglino said, "There are challenges still ahead that we have not yet surpassed. No doubt."</p><p>Musk also said the company has the ability to do a stock buyback in the range of $5 billion to $10 billion, pending board review and approval.</p><h3>PATH TO PASS APPLE MARKET SHARE</h3><p>Early this month, Tesla said it delivered 35% more vehicles in the July-September period than in the previous quarter, but the record number was shy of vehicle production and analysts' estimates.</p><p>The electric vehicle pioneer has seen its shares tumble about 50% from record highs last November as investors were spooked by a cooling global economy and Musk's bid to buy social media company <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p><p>Musk told the conference call he saw a path for Tesla to be worth more than two mammoth companies, Apple Inc (AAPL.O) and Saudi Aramco (2222.SE), combined. Tesla's market cap is now under $700 billion, while Apple is worth $2.3 trillion and oil producer Saudi Aramco is worth $2.1 trillion.</p><p>Analysts had expected Musk to voice optimism about Tesla in the conference call. Musk has been trying to raise cash to fund his $44 billion deal to take Twitter Inc private. Some experts say Musk may need to sell about $3 billion more in stock after the earnings announcement to help fund the deal.</p><p>Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc (TWTR.N), although he and other investors were overpaying for the social media company.</p><p>Musk also said Tesla's Cybertruck pick-up truck was on track to enter production in the middle of next year and its heavy duty semi truck, which will begin deliveries later this year, could see 50,000 units in North America in 2024.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276745435","content_text":"(Reuters) -Tesla Inc Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company's revenue missed Wall Street estimates.The billionaire told analysts on a conference call there was excellent demand for the fourth quarter, addressing investor concern that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.But he said some logistics challenges would persist, with fourth-quarter deliveries tracking under 50% growth while production hit 50% growth.\"I wouldn't say we're recession proof, but it's certainly recession resilient,\" he said.Shares fell 6.28% in after-market trading.Tesla is expanding fast despite global economic jitters, and investors are closely watching for signs that the cooling economy would hurt demand.The company's third-quarter automotive gross margin was 27.9%, missing analysts' estimates and down from 30.5% a year earlier.Tesla's revenue for the third quarter was $21.45 billion, a record but short of analysts' estimates of $21.96 billion, according to IBES data from Refinitiv.The company said it had a negative foreign exchange impact of $250 million on its earnings as the U.S. dollar strengthened against major currencies.\"Raw material cost inflation impacted our profitability along with ramp inefficiencies\" from its new factories in Berlin and Texas, and the production of its new 4680 batteries, according to Tesla's statement. Musk added that production of the 4680 battery was gaining rapid traction, although executive Andrew Baglino said, \"There are challenges still ahead that we have not yet surpassed. No doubt.\"Musk also said the company has the ability to do a stock buyback in the range of $5 billion to $10 billion, pending board review and approval.PATH TO PASS APPLE MARKET SHAREEarly this month, Tesla said it delivered 35% more vehicles in the July-September period than in the previous quarter, but the record number was shy of vehicle production and analysts' estimates.The electric vehicle pioneer has seen its shares tumble about 50% from record highs last November as investors were spooked by a cooling global economy and Musk's bid to buy social media company Twitter.Musk told the conference call he saw a path for Tesla to be worth more than two mammoth companies, Apple Inc (AAPL.O) and Saudi Aramco (2222.SE), combined. Tesla's market cap is now under $700 billion, while Apple is worth $2.3 trillion and oil producer Saudi Aramco is worth $2.1 trillion.Analysts had expected Musk to voice optimism about Tesla in the conference call. Musk has been trying to raise cash to fund his $44 billion deal to take Twitter Inc private. Some experts say Musk may need to sell about $3 billion more in stock after the earnings announcement to help fund the deal.Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc (TWTR.N), although he and other investors were overpaying for the social media company.Musk also said Tesla's Cybertruck pick-up truck was on track to enter production in the middle of next year and its heavy duty semi truck, which will begin deliveries later this year, could see 50,000 units in North America in 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934616637,"gmtCreate":1663238416629,"gmtModify":1676537234063,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/02269\">$WUXI BIO(02269)$</a>Ok","listText":"<a href=\"https://ttm.financial/S/02269\">$WUXI BIO(02269)$</a>Ok","text":"$WUXI BIO(02269)$Ok","images":[{"img":"https://community-static.tradeup.com/news/dd87452d8bfcbc25e8ef60de83e71d19","width":"1242","height":"1968"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9934616637","isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9907290868,"gmtCreate":1660191320657,"gmtModify":1703478958574,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9907290868","repostId":"2258224852","repostType":4,"repost":{"id":"2258224852","kind":"highlight","pubTimestamp":1660190080,"share":"https://ttm.financial/m/news/2258224852?lang=&edition=full_marsco","pubTime":"2022-08-11 11:54","market":"us","language":"en","title":"Why Wednesday’s Jump in Tesla Shares Surprised Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2258224852","media":"Motley Fool","summary":"Musk may be selling shares, but investors aren't reading too much into it.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>The Tesla CEO explained that he sold shares for what seems like a prudent reason.</li><li>Tesla has upgraded its critical Shanghai plant to be able to produce more than 1 million vehicles per year.</li></ul><p><b>What happened</b></p><p>Many investors would have expected <b>Tesla</b> shares to be sinking on Wednesday. But the opposite is happening. After an early jump of 5%, Tesla stock was still 3.9% higher as of closing.</p><p><b>So what</b></p><p>That move was a bit surprising after it was revealed yesterday that CEO Elon Musk sold almost $7 billion worth of his Tesla shares between Aug. 5 and Aug. 9. Musk's sales came at prices from about $838.5 to $912 per share.</p><p><b>Now what</b></p><p>While the share sales themselves in no way affect the shareholder value in Tesla, Musk is a widely followed CEO, and his actions -- and words -- have moved the stock in the past. Musk later addressed his followers on <b>Twitter</b> to say the sales were in preparation for the potential purchase of the social media company. He is in a lawsuit with the company trying to back out of the agreement he previously made for the acquisition.</p><p>But his sale of Tesla stock actually seems prudent in that context. If Musk loses the court case and is forced to acquire Twitter, he may need to come up with liquid capital. By selling some Tesla shares now, he avoids the potential for what he called "an emergency sale of Tesla stock."</p><p>That likely helped boost investor sentiment with Tesla today. There was other news yesterday that was taken as a positive development. Reuters reported that Tesla sold a little more than 28,000 vehicles from its Shanghai plant in July. While that was a huge drop from the record 78,906 vehicles delivered in June, it wasn't unexpected.</p><p>July production was heavily impacted by shutdowns related to upgrades that are intended to boost capacity at the critical plant by nearly 30%. The factory should now be able to produce more than 1 million vehicles annually. That's more important news for Tesla investors who want to see it grow production by at least 50% per year for several more years. And it explains why the stock popped today, despite the news of Musk's share sales.</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>Why Wednesday’s Jump in Tesla Shares Surprised Investors</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\">\nWhy Wednesday’s Jump in Tesla Shares Surprised Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 11:54 GMT+8 <a href=https://www.fool.com/investing/2022/08/10/why-todays-jump-in-tesla-shares-surprised-investor/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe Tesla CEO explained that he sold shares for what seems like a prudent reason.Tesla has upgraded its critical Shanghai plant to be able to produce more than 1 million vehicles per year....</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/10/why-todays-jump-in-tesla-shares-surprised-investor/\">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.fool.com/investing/2022/08/10/why-todays-jump-in-tesla-shares-surprised-investor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258224852","content_text":"KEY POINTSThe Tesla CEO explained that he sold shares for what seems like a prudent reason.Tesla has upgraded its critical Shanghai plant to be able to produce more than 1 million vehicles per year.What happenedMany investors would have expected Tesla shares to be sinking on Wednesday. But the opposite is happening. After an early jump of 5%, Tesla stock was still 3.9% higher as of closing.So whatThat move was a bit surprising after it was revealed yesterday that CEO Elon Musk sold almost $7 billion worth of his Tesla shares between Aug. 5 and Aug. 9. Musk's sales came at prices from about $838.5 to $912 per share.Now whatWhile the share sales themselves in no way affect the shareholder value in Tesla, Musk is a widely followed CEO, and his actions -- and words -- have moved the stock in the past. Musk later addressed his followers on Twitter to say the sales were in preparation for the potential purchase of the social media company. He is in a lawsuit with the company trying to back out of the agreement he previously made for the acquisition.But his sale of Tesla stock actually seems prudent in that context. If Musk loses the court case and is forced to acquire Twitter, he may need to come up with liquid capital. By selling some Tesla shares now, he avoids the potential for what he called \"an emergency sale of Tesla stock.\"That likely helped boost investor sentiment with Tesla today. There was other news yesterday that was taken as a positive development. Reuters reported that Tesla sold a little more than 28,000 vehicles from its Shanghai plant in July. While that was a huge drop from the record 78,906 vehicles delivered in June, it wasn't unexpected.July production was heavily impacted by shutdowns related to upgrades that are intended to boost capacity at the critical plant by nearly 30%. The factory should now be able to produce more than 1 million vehicles annually. That's more important news for Tesla investors who want to see it grow production by at least 50% per year for several more years. And it explains why the stock popped today, despite the news of Musk's share sales.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}