mitsui personal page - To The Moon

mitsui

No personal profile

12Follow

3Followers

0Topic

0Badge

2021-04-23

$Coinbase Global, Inc.(COIN)$L

2021-04-16

coolcool

Dow jumps 300 points to top 34,000 for the first time amid blowout economic data

2021-04-16

$Coinbase Global, Inc.(COIN)$tears indeed

2021-04-16

wow

Sorry, the original content has been removed

2021-04-16

very cool

Australia finds Google misled customers over data collection - regulator

2022-03-10

nice i am an executive

2021-04-16

oooof

Sorry, the original content has been removed

2021-04-16

owowz

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3568225093869310","uuid":"3568225093869310","gmtCreate":1605132845261,"gmtModify":1605132845261,"name":"mitsui","pinyin":"mitsui","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":3,"headSize":12,"tweetSize":10,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.20","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.10","exceedPercentage":"80.15%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.02.24","exceedPercentage":"80.35%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":1,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":9038498128,"gmtCreate":1646879516294,"gmtModify":1676534173056,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3568225093869310","idStr":"3568225093869310"},"themes":[],"htmlText":"nice i am an executive","listText":"nice i am an executive","text":"nice i am an executive","images":[{"img":"https://static.itradeup.com/news/db8e0226a91909f3c1245790359cf815","width":"750","height":"984"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038498128","isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":376479688,"gmtCreate":1619145270544,"gmtModify":1704720335808,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3568225093869310","idStr":"3568225093869310"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>L","listText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>L","text":"$Coinbase Global, Inc.(COIN)$L","images":[{"img":"https://static.tigerbbs.com/525a92f4cb5f5da1476e640cdfa31fa4","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376479688","isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580609891657789","authorId":"3580609891657789","name":"若水陌语","avatar":"https://static.tigerbbs.com/13cdf6747de75f0a949bd2a75c2e3d38","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3580609891657789","idStr":"3580609891657789"},"content":"The price is similar to yours. Do you have any additional positions? I don't dare to add it. I'm going to wait","text":"The price is similar to yours. Do you have any additional positions? I don't dare to add it. I'm going to wait","html":"The price is similar to yours. Do you have any additional positions? I don't dare to add it. I'm going to wait"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370984330,"gmtCreate":1618543944120,"gmtModify":1704712497988,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3568225093869310","idStr":"3568225093869310"},"themes":[],"htmlText":"oooof","listText":"oooof","text":"oooof","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370984330","repostId":"1117277782","repostType":4,"repost":{"id":"1117277782","pubTimestamp":1618539309,"share":"https://ttm.financial/m/news/1117277782?lang=&edition=fundamental","pubTime":"2021-04-16 10:15","market":"us","language":"en","title":"Zoom Stock: What's The Outlook Once COVID Wanes","url":"https://stock-news.laohu8.com/highlight/detail?id=1117277782","media":"seekingalpha","summary":"Summary\n\nZoom's share price was up close to +400% in 2020, but its stock price has declined by -2% y","content":"<p><b>Summary</b></p>\n<ul>\n <li>Zoom's share price was up close to +400% in 2020, but its stock price has declined by -2% year-to-date in 2021.</li>\n <li>Zoom currently trades at consensus forward FY 2022 (YE January 31) Enterprise Value-to-Revenue and EV/EBITDA multiples of 24.3 times and 77.5 times, respectively.</li>\n <li>ZM's top line and bottom line growth is expected to slow considerably this year, with the churn rate of&nbsp;its customer cohort with under 10 staff being a key downside risk.</li>\n <li>I am positive on Zoom's medium to long-term growth drivers like international expansion and Zoom Phone.</li>\n <li>But I think Zoom is a HOLD rather than a BUY, as valuations seem rich on an absolute basis, and the company's revenue growth this year could possibly be below expectations.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf695f0ee4625d58a734edbfe6cb7430\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Luis Alvarez/DigitalVision via Getty Images</span></p>\n<p><b>Elevator Pitch</b></p>\n<p>I assign a Neutral rating to Zoom Video Communications, Inc (ZM).</p>\n<p>Zoom's share price was up close to +400% in 2020, but its stock price has declined by -2% year-to-date in 2021. The slowdown in ZM's QoQ revenue growth in the most recent quarter could explain why the company's share price performance has been lackluster this year.</p>\n<p>Zoom currently trades at consensus forward FY 2022 (YE January 31) Enterprise Value-to-Revenue and EV/EBITDA multiples of 24.3 times and 77.5 times, respectively. ZM's current valuations are not demanding on a relative basis as compared to peers, but the valuation de-rating of the technology sector might have just begun as investors switch to reopening plays in view of the ongoing vaccine roll-out program.</p>\n<p>ZM's top line and bottom line growth is expected to slow considerably this year, with the churn rate of its customer cohort with under 10 staff being a key downside risk factor. Also valuations seem rich on an absolute basis, and the company's revenue growth this year could possibly be below expectations. On the flip side, I am positive on Zoom's medium to long term growth drivers like international expansion and Zoom Phone.</p>\n<p>Taking into account all the factors highlighted above, I think that Zoom deserves a Neutral rating.</p>\n<p><b>Company Description</b></p>\n<p>In its FY 2021 10-K, Zoom Video Communications, Inc&nbsp;refers to itself&nbsp;as a provider of \"a video-first unified communications platform\" which helps to \"connect people through frictionless and secure video, phone, chat, and content sharing.\" The company's key products include Zoom Meetings, Zoom Rooms and Zoom Phone, which are detailed below.</p>\n<p><img src=\"https://static.tigerbbs.com/b2ce8a0468e9ba4263d742190a82d70e\" tg-width=\"640\" tg-height=\"140\"><img src=\"https://static.tigerbbs.com/ca6f50d9ee74057e4a22fda98241529c\" tg-width=\"640\" tg-height=\"125\"><img src=\"https://static.tigerbbs.com/cfb55bbf89d56bb0584a5599b0453bb9\" tg-width=\"640\" tg-height=\"298\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f4acfd03336743c0393a66d394665c36\" tg-width=\"640\" tg-height=\"309\"><span>Source: Zoom's FY 2021 10-K And October 2020 Analyst Day Presentation Slides</span></p>\n<p>The Americas, EMEA (Europe, the Middle East and Africa), and Asia-Pacific regions contributed&nbsp;69%, 18% and 13%&nbsp;of Zoom's FY 2021 top line.</p>\n<p><b>Zoom Stock Price</b></p>\n<p>2020 was a great year for Zoom with regards to share price performance, but the stock is still delivering negative share price returns in 2021 year-to-date.</p>\n<p>ZM's share price almost quintupled from $68.04 as of the last day of 2019 to&nbsp;$337.32&nbsp;as of end-2020. Notably, Zoom Video Communications, Inc's stock price reached an all-time high of $568.34 on October 19, 2020. Earlier, Zoom held its\"annual user conference\"known as Zoomtopia on October 14, 2020 where it disclosed updates to the Zoom platform, which led to a number of sell-side analysts&nbsp;increasing their respective target pricesfor the stock.</p>\n<p>However, Zoom's share price subsequently dropped by -41% to close at $337.32 as of December 31, 2020, aspositive news flow on vaccine development&nbsp;since November 2020 continued to put pressure on the share prices of Work-From-Home or WFH beneficiaries like ZM. The downward trend in Zoom's stock price continued into 2021, as ZM's stock price declined marginally by -2% from $337.32 as of December 31, 2020 to $329.20 as of April 14, 2021.</p>\n<p>Although Zoom's stock price rose by +10% from $373.61 as of February 26, 2021 to $409.66 as of March 1, 2021 prior to the company's&nbsp;release of 4Q FY 2021 results&nbsp;on the same day after trading hours. But ZM's share price fell by -9% to $372.79 as of March 2, 2021 a day after its results announcement.</p>\n<p>If one delves deeper into Zoom's 4Q FY 2021 financial results, it is easy to understand why Zoom's share price dropped on March 2, 2021, and subsequently declined by an additional -10% over the next one and a half months post-results to close at $329.20 as of April 14, 2021.</p>\n<p>Zoom Video Communications, Inc's revenue jumped by +369% YoY to $882 million in 4Q FY 2021, which was also +9% higher than market consensus' quarterly revenue forecast of around&nbsp;$811 million. But it is noteworthy that ZM's QoQ revenue growth narrowed from +17% in 3Q FY 2021 to +14% 4Q FY 2021. This also pales in comparison to Zoom's QoQ revenue growth rates of +102% and +74% for 2Q FY 2021 and 1Q FY 2021, respectively. The slowdown in QoQ top line expansion in the most recent quarter validates market concerns about WFH tailwinds easing for Zoom (when COVID wanes) to a large extent, which explains Zoom's poor share price performance post-results.</p>\n<p><b>Valuation</b></p>\n<p>Zoom Video Communications, Inc trades at 24.3 times consensus forward FY 2022 Enterprise Value-to-Revenue and 20.0 times consensus forward FY 2023 Enterprise Value-to-Revenue $329.20 as of April 14, 2021. The market also values the company at consensus forward FY 2022 and FY 2023 EV/EBITDA multiples of 77.5 times and 63.2 times, respectively. The company is expected to achieve revenue growth rates of +44% and +22% in the current fiscal year, and the next fiscal year, respectively according to S&amp;P Capital IQ data.</p>\n<p>ZM looks relatively more attractive on a forward EV/EBITDA basis, but its forward Enterprise Value-to-Revenue multiples and revenue growth rates are more or less in line with its peers. However, the valuations for Zoom and its peers are rather rich on an absolute basis, and there is no certainty that the de-rating for technology stocks and WFH beneficiaries has already run its full course.</p>\n<p><b>Peer Valuation Comparison For Zoom</b></p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Stock</b></td>\n   <td><b>Consensus Current Year Enterprise Value-to-Revenue Multiple</b></td>\n   <td><b>Consensus Forward One-Year Enterprise Value-to-Revenue Multiple</b></td>\n   <td><b>Consensus Current Year EV/EBITDA</b></td>\n   <td><b>Consensus Forward One-Year EV/EBITDA</b></td>\n   <td><b>Consensus Current Year Revenue Growth Rate</b></td>\n   <td><b>Consensus Forward One-Year Revenue Growth Rate</b></td>\n  </tr>\n  <tr>\n   <td>Slack Technologies, Inc (WORK)</td>\n   <td>15</td>\n   <td>13</td>\n   <td>283</td>\n   <td>106</td>\n   <td>+30%</td>\n   <td>+28%</td>\n  </tr>\n  <tr>\n   <td>Twilio Inc (TWLO)</td>\n   <td>25</td>\n   <td>19</td>\n   <td>380</td>\n   <td>218</td>\n   <td>+38%</td>\n   <td>+31%</td>\n  </tr>\n  <tr>\n   <td>Atlassian Corporation Plc (TEAM)</td>\n   <td>28</td>\n   <td>24</td>\n   <td>108</td>\n   <td>94</td>\n   <td>+24%</td>\n   <td>+15%</td>\n  </tr>\n </tbody>\n</table>\n<p>Source: Author</p>\n<p><b>Zoom Forecast In 2021</b></p>\n<p>Zoom Video Communications guided for revenue of&nbsp;$3,760-$3,780 million&nbsp;and non-GAAP core earnings per share of $3.59-$3.65 for calendar year 2021 or fiscal year 2022 (YE January 31). This translates to top line and bottom line growth of +42% and +8%, respectively this year, based on the mid-point of ZM's guidance.</p>\n<p>Sell-side analysts are more optimistic, as they expect Zoom to achieve revenue and normalized earnings growth of +44% and +12%, respectively in the current fiscal year. Nevertheless, it is not surprising that Zoom is not expected to grow as fast this year as it did last year with WFH tailwinds easing. As a reference, ZM's revenue increased by +326% in the most recent fiscal year, while its core earnings per share jumped by +854% last year.</p>\n<p>The key factor that will impact Zoom's financial performance this year is the churn rate for its customer cohort with less than 10 staff. The company's proportion of revenue derived from clients with under 10 staff doubled from 18% in FY 2020 to&nbsp;36%&nbsp;in FY 2021, which it attributed to \"business owners and individual users\" using \"Zoom for many personal, professional, and social events\" in its 10-K. In other words, ZM's customer cohort with less than 10 staff was a significant driver of revenue growth for the company last year, as compared to its customer cohort with more than 10 employees.</p>\n<p>Looking forward into the current fiscal year, I expect Zoom's churn rate for its customer cohort with less than 10 staff to be significantly higher than its customer cohort with more than 10 employees for two key reasons.</p>\n<p>Firstly, fewer individuals will use Zoom for social purposes as COVID wanes, and there is a higher risk of business failure for smaller companies vis-a-vis their larger counterparts. Secondly, Zoom adopts a \"self-service\" model for its customer cohort with less than 10 staff, while there are sales teams to support its customer cohort with more than 10 employees, which makes this group of clients relatively more sticky.</p>\n<p>In a nutshell, while ZM has set \"relatively modest\" growth target this year, there could still be room for disappointment (e.g. revenue miss), if COVID-19 is brought under control sooner than expected, and the churn rate for its customer cohort with less than 10 staff ends up higher than expected.</p>\n<p><b>Is Zoom Stock A Good Buy</b></p>\n<p>Zoom stock is a HOLD for me now, but it could be a good buy in the medium to long term if there is a further correction in ZM's share price implying more attractive valuations, and the company delivers on its growth strategies.</p>\n<p>Zoom Video Communications, Inc's key growth strategies are international expansion and increasing revenue from new products like Zoom Phone.</p>\n<p>The company only generated 31% of its FY 2021 revenue from international markets outside the Americas, but these foreign markets are growing fast. Revenue for the Asia Pacific and EMEA markets grew by&nbsp;+551% and +587%, respectively last year, while the top line for ZM's Americas region increased by a lower +266% over the same period. Zoom&nbsp;highlighted&nbsp;at the company's FY 2021 earnings call on March 1, 2021 that \"we intend to make additional investments in international resources to further capitalize on the global opportunity.\"</p>\n<p>Another key growth driver for Zoom in the medium term is Zoom Phone. In January 2021, ZM&nbsp;disclosed&nbsp;that \"it has sold one million Zoom Phone seats\" in less than two years of the product's launch. Based on my personal correspondence with the company, I was told that there are about hundreds of millions of commercial phones in the US running on legacy software that could potentially be migrating to cloud-based PBX (Private Branch Exchange) systems (like that of Zoom Phone) in time to come.</p>\n<p>Zoom also&nbsp;noted&nbsp;at the Morgan Stanley (MS) Technology, Media and Telecom Conference on March 3, 2021 that \"on a percentage basis, Zoom Phone has been our fastest-growing product line in Q3 and Q4\", and the company sees Zoom Phone as \"a percentage of growth basis to outpace (Zoom) Meetings (company's core product)\" in the current fiscal year.</p>\n<p>On the other hand, I am concerned that Zoom's revenue growth this year could disappoint the market, considering the possibility of a higher-than-expected churn rate for its customer cohort with less than 10 staff. As such, I see a Neutral rating for the stock as fair.</p>\n<p>Zoom Video Communications, Inc's key risk factors are a shorter-than-expected time taken for the coronavirus pandemic to be effectively contained, and poor execution on key growth initiatives like international expansion and the Zoom Phone.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zoom Stock: What's The Outlook Once COVID Wanes</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\">\nZoom Stock: What's The Outlook Once COVID Wanes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4419250-zoom-stock-overvalued-covid-wanes><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nZoom's share price was up close to +400% in 2020, but its stock price has declined by -2% year-to-date in 2021.\nZoom currently trades at consensus forward FY 2022 (YE January 31) Enterprise ...</p>\n\n<a href=\"https://seekingalpha.com/article/4419250-zoom-stock-overvalued-covid-wanes\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"source_url":"https://seekingalpha.com/article/4419250-zoom-stock-overvalued-covid-wanes","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1117277782","content_text":"Summary\n\nZoom's share price was up close to +400% in 2020, but its stock price has declined by -2% year-to-date in 2021.\nZoom currently trades at consensus forward FY 2022 (YE January 31) Enterprise Value-to-Revenue and EV/EBITDA multiples of 24.3 times and 77.5 times, respectively.\nZM's top line and bottom line growth is expected to slow considerably this year, with the churn rate of its customer cohort with under 10 staff being a key downside risk.\nI am positive on Zoom's medium to long-term growth drivers like international expansion and Zoom Phone.\nBut I think Zoom is a HOLD rather than a BUY, as valuations seem rich on an absolute basis, and the company's revenue growth this year could possibly be below expectations.\n\nPhoto by Luis Alvarez/DigitalVision via Getty Images\nElevator Pitch\nI assign a Neutral rating to Zoom Video Communications, Inc (ZM).\nZoom's share price was up close to +400% in 2020, but its stock price has declined by -2% year-to-date in 2021. The slowdown in ZM's QoQ revenue growth in the most recent quarter could explain why the company's share price performance has been lackluster this year.\nZoom currently trades at consensus forward FY 2022 (YE January 31) Enterprise Value-to-Revenue and EV/EBITDA multiples of 24.3 times and 77.5 times, respectively. ZM's current valuations are not demanding on a relative basis as compared to peers, but the valuation de-rating of the technology sector might have just begun as investors switch to reopening plays in view of the ongoing vaccine roll-out program.\nZM's top line and bottom line growth is expected to slow considerably this year, with the churn rate of its customer cohort with under 10 staff being a key downside risk factor. Also valuations seem rich on an absolute basis, and the company's revenue growth this year could possibly be below expectations. On the flip side, I am positive on Zoom's medium to long term growth drivers like international expansion and Zoom Phone.\nTaking into account all the factors highlighted above, I think that Zoom deserves a Neutral rating.\nCompany Description\nIn its FY 2021 10-K, Zoom Video Communications, Inc refers to itself as a provider of \"a video-first unified communications platform\" which helps to \"connect people through frictionless and secure video, phone, chat, and content sharing.\" The company's key products include Zoom Meetings, Zoom Rooms and Zoom Phone, which are detailed below.\n\nSource: Zoom's FY 2021 10-K And October 2020 Analyst Day Presentation Slides\nThe Americas, EMEA (Europe, the Middle East and Africa), and Asia-Pacific regions contributed 69%, 18% and 13% of Zoom's FY 2021 top line.\nZoom Stock Price\n2020 was a great year for Zoom with regards to share price performance, but the stock is still delivering negative share price returns in 2021 year-to-date.\nZM's share price almost quintupled from $68.04 as of the last day of 2019 to $337.32 as of end-2020. Notably, Zoom Video Communications, Inc's stock price reached an all-time high of $568.34 on October 19, 2020. Earlier, Zoom held its\"annual user conference\"known as Zoomtopia on October 14, 2020 where it disclosed updates to the Zoom platform, which led to a number of sell-side analysts increasing their respective target pricesfor the stock.\nHowever, Zoom's share price subsequently dropped by -41% to close at $337.32 as of December 31, 2020, aspositive news flow on vaccine development since November 2020 continued to put pressure on the share prices of Work-From-Home or WFH beneficiaries like ZM. The downward trend in Zoom's stock price continued into 2021, as ZM's stock price declined marginally by -2% from $337.32 as of December 31, 2020 to $329.20 as of April 14, 2021.\nAlthough Zoom's stock price rose by +10% from $373.61 as of February 26, 2021 to $409.66 as of March 1, 2021 prior to the company's release of 4Q FY 2021 results on the same day after trading hours. But ZM's share price fell by -9% to $372.79 as of March 2, 2021 a day after its results announcement.\nIf one delves deeper into Zoom's 4Q FY 2021 financial results, it is easy to understand why Zoom's share price dropped on March 2, 2021, and subsequently declined by an additional -10% over the next one and a half months post-results to close at $329.20 as of April 14, 2021.\nZoom Video Communications, Inc's revenue jumped by +369% YoY to $882 million in 4Q FY 2021, which was also +9% higher than market consensus' quarterly revenue forecast of around $811 million. But it is noteworthy that ZM's QoQ revenue growth narrowed from +17% in 3Q FY 2021 to +14% 4Q FY 2021. This also pales in comparison to Zoom's QoQ revenue growth rates of +102% and +74% for 2Q FY 2021 and 1Q FY 2021, respectively. The slowdown in QoQ top line expansion in the most recent quarter validates market concerns about WFH tailwinds easing for Zoom (when COVID wanes) to a large extent, which explains Zoom's poor share price performance post-results.\nValuation\nZoom Video Communications, Inc trades at 24.3 times consensus forward FY 2022 Enterprise Value-to-Revenue and 20.0 times consensus forward FY 2023 Enterprise Value-to-Revenue $329.20 as of April 14, 2021. The market also values the company at consensus forward FY 2022 and FY 2023 EV/EBITDA multiples of 77.5 times and 63.2 times, respectively. The company is expected to achieve revenue growth rates of +44% and +22% in the current fiscal year, and the next fiscal year, respectively according to S&P Capital IQ data.\nZM looks relatively more attractive on a forward EV/EBITDA basis, but its forward Enterprise Value-to-Revenue multiples and revenue growth rates are more or less in line with its peers. However, the valuations for Zoom and its peers are rather rich on an absolute basis, and there is no certainty that the de-rating for technology stocks and WFH beneficiaries has already run its full course.\nPeer Valuation Comparison For Zoom\n\n\n\nStock\nConsensus Current Year Enterprise Value-to-Revenue Multiple\nConsensus Forward One-Year Enterprise Value-to-Revenue Multiple\nConsensus Current Year EV/EBITDA\nConsensus Forward One-Year EV/EBITDA\nConsensus Current Year Revenue Growth Rate\nConsensus Forward One-Year Revenue Growth Rate\n\n\nSlack Technologies, Inc (WORK)\n15\n13\n283\n106\n+30%\n+28%\n\n\nTwilio Inc (TWLO)\n25\n19\n380\n218\n+38%\n+31%\n\n\nAtlassian Corporation Plc (TEAM)\n28\n24\n108\n94\n+24%\n+15%\n\n\n\nSource: Author\nZoom Forecast In 2021\nZoom Video Communications guided for revenue of $3,760-$3,780 million and non-GAAP core earnings per share of $3.59-$3.65 for calendar year 2021 or fiscal year 2022 (YE January 31). This translates to top line and bottom line growth of +42% and +8%, respectively this year, based on the mid-point of ZM's guidance.\nSell-side analysts are more optimistic, as they expect Zoom to achieve revenue and normalized earnings growth of +44% and +12%, respectively in the current fiscal year. Nevertheless, it is not surprising that Zoom is not expected to grow as fast this year as it did last year with WFH tailwinds easing. As a reference, ZM's revenue increased by +326% in the most recent fiscal year, while its core earnings per share jumped by +854% last year.\nThe key factor that will impact Zoom's financial performance this year is the churn rate for its customer cohort with less than 10 staff. The company's proportion of revenue derived from clients with under 10 staff doubled from 18% in FY 2020 to 36% in FY 2021, which it attributed to \"business owners and individual users\" using \"Zoom for many personal, professional, and social events\" in its 10-K. In other words, ZM's customer cohort with less than 10 staff was a significant driver of revenue growth for the company last year, as compared to its customer cohort with more than 10 employees.\nLooking forward into the current fiscal year, I expect Zoom's churn rate for its customer cohort with less than 10 staff to be significantly higher than its customer cohort with more than 10 employees for two key reasons.\nFirstly, fewer individuals will use Zoom for social purposes as COVID wanes, and there is a higher risk of business failure for smaller companies vis-a-vis their larger counterparts. Secondly, Zoom adopts a \"self-service\" model for its customer cohort with less than 10 staff, while there are sales teams to support its customer cohort with more than 10 employees, which makes this group of clients relatively more sticky.\nIn a nutshell, while ZM has set \"relatively modest\" growth target this year, there could still be room for disappointment (e.g. revenue miss), if COVID-19 is brought under control sooner than expected, and the churn rate for its customer cohort with less than 10 staff ends up higher than expected.\nIs Zoom Stock A Good Buy\nZoom stock is a HOLD for me now, but it could be a good buy in the medium to long term if there is a further correction in ZM's share price implying more attractive valuations, and the company delivers on its growth strategies.\nZoom Video Communications, Inc's key growth strategies are international expansion and increasing revenue from new products like Zoom Phone.\nThe company only generated 31% of its FY 2021 revenue from international markets outside the Americas, but these foreign markets are growing fast. Revenue for the Asia Pacific and EMEA markets grew by +551% and +587%, respectively last year, while the top line for ZM's Americas region increased by a lower +266% over the same period. Zoom highlighted at the company's FY 2021 earnings call on March 1, 2021 that \"we intend to make additional investments in international resources to further capitalize on the global opportunity.\"\nAnother key growth driver for Zoom in the medium term is Zoom Phone. In January 2021, ZM disclosed that \"it has sold one million Zoom Phone seats\" in less than two years of the product's launch. Based on my personal correspondence with the company, I was told that there are about hundreds of millions of commercial phones in the US running on legacy software that could potentially be migrating to cloud-based PBX (Private Branch Exchange) systems (like that of Zoom Phone) in time to come.\nZoom also noted at the Morgan Stanley (MS) Technology, Media and Telecom Conference on March 3, 2021 that \"on a percentage basis, Zoom Phone has been our fastest-growing product line in Q3 and Q4\", and the company sees Zoom Phone as \"a percentage of growth basis to outpace (Zoom) Meetings (company's core product)\" in the current fiscal year.\nOn the other hand, I am concerned that Zoom's revenue growth this year could disappoint the market, considering the possibility of a higher-than-expected churn rate for its customer cohort with less than 10 staff. As such, I see a Neutral rating for the stock as fair.\nZoom Video Communications, Inc's key risk factors are a shorter-than-expected time taken for the coronavirus pandemic to be effectively contained, and poor execution on key growth initiatives like international expansion and the Zoom Phone.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370984044,"gmtCreate":1618543921988,"gmtModify":1704712497665,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3568225093869310","idStr":"3568225093869310"},"themes":[],"htmlText":"very cool&nbsp;","listText":"very cool&nbsp;","text":"very cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370984044","repostId":"2127880691","repostType":4,"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370985103,"gmtCreate":1618543807402,"gmtModify":1704712497021,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3568225093869310","idStr":"3568225093869310"},"themes":[],"htmlText":"coolcool","listText":"coolcool","text":"coolcool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370985103","repostId":"1184470866","repostType":4,"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370982594,"gmtCreate":1618543776018,"gmtModify":1704712496050,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3568225093869310","idStr":"3568225093869310"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>tears indeed","listText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>tears indeed","text":"$Coinbase Global, Inc.(COIN)$tears indeed","images":[{"img":"https://static.tigerbbs.com/a0846cdc1d2ee96ba61c87e2a43b7a25","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370982594","isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370982062,"gmtCreate":1618543729756,"gmtModify":1704712495402,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3568225093869310","idStr":"3568225093869310"},"themes":[],"htmlText":"owowz&nbsp;","listText":"owowz&nbsp;","text":"owowz","images":[{"img":"https://static.tigerbbs.com/4054493ca4f02d3ea57b9565efe12ad1","width":"750","height":"1708"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370982062","isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370988453,"gmtCreate":1618543621872,"gmtModify":1704712493614,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3568225093869310","idStr":"3568225093869310"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370988453","repostId":"1119241855","repostType":4,"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":376479688,"gmtCreate":1619145270544,"gmtModify":1704720335808,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568225093869310","authorIdStr":"3568225093869310"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>L","listText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>L","text":"$Coinbase Global, Inc.(COIN)$L","images":[{"img":"https://static.tigerbbs.com/525a92f4cb5f5da1476e640cdfa31fa4","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376479688","isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580609891657789","authorId":"3580609891657789","name":"若水陌语","avatar":"https://static.tigerbbs.com/13cdf6747de75f0a949bd2a75c2e3d38","crmLevel":1,"crmLevelSwitch":0,"idStr":"3580609891657789","authorIdStr":"3580609891657789"},"content":"The price is similar to yours. Do you have any additional positions? I don't dare to add it. I'm going to wait","text":"The price is similar to yours. Do you have any additional positions? I don't dare to add it. I'm going to wait","html":"The price is similar to yours. Do you have any additional positions? I don't dare to add it. I'm going to wait"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370985103,"gmtCreate":1618543807402,"gmtModify":1704712497021,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568225093869310","authorIdStr":"3568225093869310"},"themes":[],"htmlText":"coolcool","listText":"coolcool","text":"coolcool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370985103","repostId":"1184470866","repostType":4,"repost":{"id":"1184470866","pubTimestamp":1618530196,"share":"https://ttm.financial/m/news/1184470866?lang=&edition=fundamental","pubTime":"2021-04-16 07:43","market":"us","language":"en","title":"Dow jumps 300 points to top 34,000 for the first time amid blowout economic data","url":"https://stock-news.laohu8.com/highlight/detail?id=1184470866","media":"CNBC","summary":"U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fr","content":"<div>\n<p>U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Dow jumps 300 points to top 34,000 for the first time amid blowout economic data</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\">\nDow jumps 300 points to top 34,000 for the first time amid blowout economic data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.",".SPX":"S&P 500 Index",".DJI":"道琼斯","NFLX":"奈飞","AAPL":"苹果",".IXIC":"NASDAQ Composite","AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184470866","content_text":"U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones Industrial Average rose 305.10 points, or 0.9%, to a record close of 34,035.99, marking the first time the blue-chip benchmark has crossed the 34,000 milestone. The S&P 500 gained 1.1% to 4,170.42, also reaching a record high. The Nasdaq Composite advanced 1.3% to 14,038.76.\nTechnology shares rebounded as bond yields fell. The so-called FAANG stocks – Facebook, Amazon, Apple, Netflix and Alphabet – all climbed more than 1%. The 10-year Treasury yield dropped 8 basis points below 1.56%. Earlier in the year, higher rates caused investors to dump growth-oriented stocks.\nRetail sales surged 9.8% in March as additional stimulus sent consumer spending soaring, the Commerce Department reported Thursday. That number topped the Dow Jones estimate of a 6.1% gain.\nA separate report on Thursday showed that first-time filings for unemployment insurance dropped to the lowest level since March 2020. The Labor Department reported 576,000 new jobless claims for the week ended April 10. Economists polled by Dow Jones expected a total of 710,000.\n“Although 34,000 by itself is just another number, this is a monumental feat when you think back to where we were last year at this time,” said Ryan Detrick, chief market strategist at LPL Financial. “The speed and resiliency of this economic recovery is unlike anything we’ve ever seen and it helps to justify stocks at all-time highs.”\nShares of UnitedHealth, a Dow member, gained 3.8% after results topped the Street’s forecasts and the health insurer raised guidance for 2021.\nPepsi shares added 0.1% after the consumer snack and drink maker said sales last quarter rose nearly 7%, topping estimates.\nThe market has been grinding higher to reach new records in recent sessions amid the economic reopening and trillions of dollars in stimulus. The S&P 500 has gained 11% in 2021 with energy and financials up the most year to date.\n“I am incredibly bullish on the markets, and you are right to be worried about our deficits,” Larry Fink, BlackRock CEO, said in an interview on “Squawk Box.”“If we don’t have economic growth that is sustainable over the next 10 years — our deficits are going to matter and they are going to elevate interest rates ... I believe because of monetary stimulus, fiscal stimulus, cash on the sidelines, earnings, markets are okay. Markets are going to continue to be stronger.”\nShares of Citigroup erased earlier gains and fell 0.5% The bank posted results that beat analysts’ estimates for first-quarter profit with strong investment banking revenue and a bigger-than-expected release of loan-loss reserves.\nBank of America shares rose as earnings last quarter blew past the Street on booming trading and investment banking results as well the release of loan-loss reserves. The shares dipped 2.9%, however.\nNewly public crypto exchange Coinbase rolled over and closed the day down 1.7% in volatile trading. The stock got a boost earlier after it was revealed Ark Invest’s Cathie Wood loaded up on the first day of trading.\nOn Tuesday, the Food and Drug Administration called for a pause in administering J&J’s Covid-19 vaccine after six people in the U.S. developed a rare disorder involving blood clots. The announcement triggered a sell-off in reopening plays earlier in the week, but is not expected to have a material impact on the pace of the U.S. vaccine rollout.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370982594,"gmtCreate":1618543776018,"gmtModify":1704712496050,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568225093869310","authorIdStr":"3568225093869310"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>tears indeed","listText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>tears indeed","text":"$Coinbase Global, Inc.(COIN)$tears indeed","images":[{"img":"https://static.tigerbbs.com/a0846cdc1d2ee96ba61c87e2a43b7a25","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370982594","isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370988453,"gmtCreate":1618543621872,"gmtModify":1704712493614,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568225093869310","authorIdStr":"3568225093869310"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370988453","repostId":"1119241855","repostType":4,"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370984044,"gmtCreate":1618543921988,"gmtModify":1704712497665,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568225093869310","authorIdStr":"3568225093869310"},"themes":[],"htmlText":"very cool&nbsp;","listText":"very cool&nbsp;","text":"very cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370984044","repostId":"2127880691","repostType":4,"repost":{"id":"2127880691","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":1618539466,"share":"https://ttm.financial/m/news/2127880691?lang=&edition=fundamental","pubTime":"2021-04-16 10:17","market":"us","language":"en","title":"Australia finds Google misled customers over data collection - regulator","url":"https://stock-news.laohu8.com/highlight/detail?id=2127880691","media":"Reuters","summary":"April 16 (Reuters) - Australia's federal court found Alphabet Inc's Google misled consumers about pe","content":"<p>April 16 (Reuters) - Australia's federal court found Alphabet Inc's Google misled consumers about personal location data collected through Android mobile devices, the country's competition regulator said on Friday.</p>\n<p>The Australian Competition and Consumer Commission said the court found Google wrongly claimed it only collected information from the location history setting on users' devices between January 2017 and December 2018. </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>Australia finds Google misled customers over data collection - regulator</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\">\nAustralia finds Google misled customers over data collection - regulator\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-16 10:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>April 16 (Reuters) - Australia's federal court found Alphabet Inc's Google misled consumers about personal location data collected through Android mobile devices, the country's competition regulator said on Friday.</p>\n<p>The Australian Competition and Consumer Commission said the court found Google wrongly claimed it only collected information from the location history setting on users' devices between January 2017 and December 2018. </p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127880691","content_text":"April 16 (Reuters) - Australia's federal court found Alphabet Inc's Google misled consumers about personal location data collected through Android mobile devices, the country's competition regulator said on Friday.\nThe Australian Competition and Consumer Commission said the court found Google wrongly claimed it only collected information from the location history setting on users' devices between January 2017 and December 2018.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038498128,"gmtCreate":1646879516294,"gmtModify":1676534173056,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568225093869310","authorIdStr":"3568225093869310"},"themes":[],"htmlText":"nice i am an executive","listText":"nice i am an executive","text":"nice i am an executive","images":[{"img":"https://static.itradeup.com/news/db8e0226a91909f3c1245790359cf815","width":"750","height":"984"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038498128","isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370984330,"gmtCreate":1618543944120,"gmtModify":1704712497988,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568225093869310","authorIdStr":"3568225093869310"},"themes":[],"htmlText":"oooof","listText":"oooof","text":"oooof","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370984330","repostId":"1117277782","repostType":4,"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370982062,"gmtCreate":1618543729756,"gmtModify":1704712495402,"author":{"id":"3568225093869310","authorId":"3568225093869310","name":"mitsui","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568225093869310","authorIdStr":"3568225093869310"},"themes":[],"htmlText":"owowz&nbsp;","listText":"owowz&nbsp;","text":"owowz","images":[{"img":"https://static.tigerbbs.com/4054493ca4f02d3ea57b9565efe12ad1","width":"750","height":"1708"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370982062","isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}